Both bitcoin and ethereum had a lackluster week, with BTC experiencing a slight increase of 0.5% and ETH declining by 3.8%. However, there were several crypto assets that saw gains, with notcoin (NOT) leading the way with a 214% increase against the U.S. dollar.
NOT emerged as the top gainer in the past week, with the overall crypto market growing by 1.59% to reach a valuation of $2.58 trillion. NOT saw a 9% increase in the last 24 hours and a remarkable 214% increase over the past week.
Following NOT’s impressive performance, the meme token brett (BRETT) climbed 38.5% this week. It was followed by TIA with a 17.7% increase, ORDI with a 15.5% increase, and BGB which rose by 15.1%. The top trade volumes for the week, excluding BTC, ETH, and stablecoins, were NOT, BNB, SOL, PEPE, XRP, and DOGE.
Out of the total number of coins, only 21 saw gains against the U.S. dollar in the past seven days. The biggest loser of the week was bittensor (TAO), dropping by 14%, followed by thorchain (RUNE) with a 13.5% decline. While there were some gains, many crypto tokens recorded net losses this week.
Other notable losers during this period include UNI, PENDLE, AKT, PEPE, and BONK, which declined by 9.9% to 12.7% against the greenback. ARB, ETC, TKX, CORE, THETA, and MKR also experienced significant losses. Overall, the market’s performance was characterized more by losses than gains.
What are your thoughts on the crypto gainers and losers of the week? Feel free to share your opinions in the comments section below.
