The post Crypto market’s weekly winners and losers – PENGU, VIRTUAL, FTM, HYPE appeared on BitcoinEthereumNews.com.

Bitget Token, Virtuals Protocol, and Pudgy Penguins stole the spotlight as the week’s biggest winners. Fantom, Hyperliquid, and Ondo faced the toughest blows as the biggest losers. In this week’s crypto market review, Bitget Token [BGB] dominated for the second week in a row, surging by an impressive 87.99% to claim the top spot. Virtuals Protocol [VIRTUAL] and Pudgy Penguins [PENGU] followed closely behind. On the flip side, Hyperliquid [HYPE] dropped into the losers’ list, while Fantom [FTM] emerged as the biggest loser of the week. Ondo [ONDO] also faced a tough week, experiencing a significant double-digit decline. Biggest winners Bitget token [BGB] Bitget Token [BGB] surged 87.99% this week, making a strong move into high-cap territory. It began the week with a 3% rise, closing at $4.301, and maintained consistent growth, hitting $7.700 at the time of writing.  The surge pushed its market cap past $10 billion, moving it from a mid-cap to a high-cap token. However, the real test may be approaching.  After reaching an all-time high of $8.50, BGB pulled back 7% in a single day, with the RSI nearing 100 – signaling overbought conditions and potential profit-taking ahead. Source: TradingView What’s particularly impressive is that this surge occurred during a broader market downturn. Investors seem to be favoring mid-cap tokens like BGB over the larger, riskier altcoins. This shift gives BGB an edge moving into next week. Early signs show a renewed upside, with BGB already up 2% at the start of the trading day. Still, in the week ahead, volatility is expected. Tread carefully. Virtuals Protocol [VIRTUAL] Virtuals Protocol is leading the charge in the A.I. boom, and its price is showing it. To start the final week of the year, VIRTUAL surged 30% in a single day, sparked by a historic milestone. On top…

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Filed under: News - @ December 29, 2024 7:12 pm