The post Mantra (OM) Leads Crypto Gains Last Week Amid Market Declines appeared on BitcoinEthereumNews.com.

This past week saw significant shifts in the cryptocurrency market, with certain assets emerging as clear winners and others struggling considerably. MANTRA, MultiversX, and Notcoin recorded notable gains, standing out against a backdrop of declining overall market performance. Pendle and Fantom continued their downward spiral, positioning themselves among the week’s biggest losers alongside ORDI. Discover the latest trends in the cryptocurrency market with our detailed analysis of the week’s biggest winners and losers, highlighting essential shifts and future outlooks. MANTRA Surges as the Week’s Top Performer In a week marked by overall bearish sentiment in the cryptocurrency space, MANTRA (OM) outperformed expectations with a remarkable 25.05% increase. Starting the week at around $0.7, OM experienced a steady rise with minor dips, ultimately closing above $0.8. As the new trading week commenced, it traded around $0.9, showcasing an upward momentum. The market capitalization of OM saw a significant 8% rise, reaching over $765 million, although a 20% drop in trading volume to around 32.3 million was noted. MultiversX Posts Significant Gains MultiversX (EGLD) also had a notable week, registering a 20.66% increase. The asset started trading at approximately $28.8 and closed at around $35 despite a few fluctuations. Sharp price spikes characterized its trading pattern, with the market capitalization surging above $927 million, marking a 2% daily increase. However, trading volume saw a stark reduction, dropping nearly 50% to approximately $34 million. Notcoin’s Unpredictable Week Notcoin (NOT) experienced a volatile week, beginning with almost 6% gains but soon facing significant losses. By mid-week, its price had dropped to around $0.010 but a remarkable rally in the later part of the week pushed NOT to a 28.61% increase, ending the week at about $0.013. This recovery was coupled with a trading volume surge of over 150% to surpass 877 million and a…

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Filed under: News - @ July 7, 2024 9:08 pm