The crypto economy experienced a 2.31% increase on Monday, July 1, 2024, reaching a total value of $2.31 trillion. Bitcoin saw a 2.8% increase this week, while ethereum climbed by 4.8%. Additionally, several digital assets recorded double-digit gains. Leading the pack in terms of performance over the past seven days was mog coin (MOG), which appreciated by 82.1% against the U.S. dollar.
In the past week, the market showed improvement, with many crypto assets displaying strong performance. A total of 22 digital assets recorded double-digit gains, with mog coin (MOG) leading the way with an 82.1% increase.
MOG/USDT on July 1, 2024.
MOG also saw an 11.3% increase against the U.S. dollar in the last 24 hours. Following in terms of weekly gains was the ethereum name service (ENS) token, which rose by 42.1%. The meme coin dogwifhat (WIF) saw a 38.4% increase, while akash network (AKT) jumped by 28.5%.
PENDLE/USDT on July 1, 2024.
Layerzero (ZRO) experienced a surge of 27.9%, and the meme coin bonk (BONK) managed to increase by 23.7%. Aave (AAVE) rose by 23.5%, and brett (BRETT) saw a 22.5% increase over the past week.
In terms of global trade volume, excluding BTC, ETH, and stablecoins, solana (SOL) led the way with the highest volume of the week, followed by binance coin (BNB). XRP had the third-highest volume, followed by PEPE and WIF.
The biggest loser of the week was pendle (PENDLE), which saw a decrease of 10.3%. This was followed by the lido dao (LDO) token, which lost 9% of its value. Celestia (TIA) experienced a 7.1% drop, while ethena’s ENA fell by 5.7% this week.
Other notable decliners include SUI, RON, FET, SEI, and GNO. As the crypto market shows signs of resurgence, investors are closely monitoring the performance of various digital assets.
What are your thoughts on this week’s biggest crypto gainers and losers? Feel free to share your opinions in the comments section below.
