STOCKS TELEGRAPH

Tag: Fidance

  • Top Cryptocurrency Winners and Losers of the Week

    Top Cryptocurrency Winners and Losers of the Week

    Given that the cryptocurrency market has been showing signs of approaching stability, in a resilient manner, some of the wins it has seen in the prior week have truly been impressive. Traders that had placed strategic bets on crypto-assets with strong prospects and positive momentum had gained tremendously. At the time of the writing of this issue, the following cryptocurrencies stand as being the largest winners of the week:

    Top Weekly Crypto-Gainers

    World Cup Inu

    The most impressive growth trajectory of the week was seen in the rise of World Cup Inu (WCI) which took off without resistance from $0.0039 to as high as $0.0330 yesterday. This had translated to a price increase of a staggering 746%, taking the market as a whole by storm. In the hours that followed, however, WCI underwent a price correction that pushed its price down to $0.0232, leaving its weekly gains at over 490%. What is most remarkable is its daily trade volume, which is presently at $5.8 million. The hype surrounding this cryptocurrency seems to be linked to the football world cup in November, which is fast approaching.

    Hello Art

    Hello Art (HTT) remained inactive for most of the week at $0.0038, until just three days ago when it began an erratic rise to new heights. Its price trend shows volatile peaks and falls that had gradually been pushing it higher. Today it experienced a brief price explosion of over 600% to $0.028, which ultimately proved to be short-lived. In the minor crash following this correction, HTT is down to $0.014, putting its gains for the week at 260%, which, all considered, is highly impressive.

    Phala Network

    After peak interest surrounding its project, Phala Network (PHA) has been taking off high, more than tripling its price in the last week alone. In its rise from $0.081 to $0.271, the cryptocurrency has been seeing monstrous levels of trade volume, which surpassed the $1.25 billion mark on Sunday. Volume is now down to $500 million, but the hype surrounding Phala Network is as hot as ever. The gain in the last 24 hours alone stands at almost 50%.

    Onston

    Onston too has taken off extraordinarily during this week, jumping up from $0.012 to $0.049 in a single day earlier this week. This quadrupling in price was corrected after Onston began its slow descent which put it at $0.021 earlier today. This was not until a second price jump of 54%, that put the cryptocurrency up to its present price of $0.0366, translating to net weekly gains of 205%

    Mdex

    Mdex (MDX) too has been climbing high, supported by colossal trade volumes that have led to a pump in price by its supporters. In the first half of the week, MDX rose from $0.083 to $0.231, in a price climb of 178% in a matter of days. This epic pump culminated in a trading volume of almost $430 million. The following days saw a descent to $0.13, and a fightback up to its present price of $0.211. Amid these rises and falls, MDX stands at a price that is 154% higher than where it was 7 days ago.

    Top Weekly Crypto-Losers

    Although the crypto-verse did see a number of major wins in the past week, there has been a fair share of substantial losses too, where investors have seen their holdings plummet in price. At the time of the writing of this Stocks Telegraph issue, the following cryptocurrencies delivered the largest losses in the last 7-days:

    Paper DAO

    We start of the list of this week’s top losers with the youngest name out there, which is that of Paper DAO (PPR), which began trade as early as yesterday. Despite a volume rush of almost $4 million, PPR has experienced one of the hardest price plummets, which makes it among the week’s biggest losers. During its short time in circulation, it has fallen from $0.37 to $0.042, suggesting a value loss exceeding 88% in the red.

    Fidance

    Fidance (FDC) continues its downward spiral, in its third consecutive week of being a top loser, shedding an additional 81% of its price. In fact, in the last 30 days alone, FDC has seen its price drop from $0.0015 to its present low of $0.0000009. The cryptocurrency continues its endless slip, with present trade volume at over $1 million. Fidance shows all the signs of a heavily unfavorable asset in the market, that everyone is eager to get rid of.

    LOGOS

    After a gradually steady rise for most of the prior week, LOGOS (LOG) fell unexpectedly hard earlier today, from $3.23 to as low as $0.23. This shocking plummet effectively erased all the gains LOG achieved in the prior weeks, and puts its weekly loss at 86% at present. The $5 million trade volume for the day indicates that the drop is not spontaneous, and seems to be a part of a wider, collective dump.

    Probinex

    Probinex (PBX) also proved to be a shocker, after its nose-ward dive during the week, which has resulted in a substantial price loss. Those holding this cryptocurrency incurred a 90% unrealized price loss as PBX fell from $0.058 to its present price of $0.006. The price plummet seems to come after social media users began calling PBX a scam, after its delisting from the exchange, ProBit Global. Its volume too seems to be rapidly declining from above $2.2 million to below $1 million.

    Bitcoin E-Wallet

    Bitcoin E-Wallet (BITWALLET) features once again as a top loser of the week, after making it on last week’s issue too. This time, the cryptocurrency fell by an additional 60%, making it seem as being part of a relentless free fall. BITWALLET is proving to be a value burner for investors, after having fallen from $32 to merely $0.39 in the last 30 days alone. Volume too seems to be falling fast, from its $12 million mark earlier this week to its present level beneath $1 million.

  • Top Crypto Gainers and Losers of the Week

    Top Crypto Gainers and Losers of the Week

    It is evidently a confusing time for the wider global economy, both from the perspective of conventional financial securities, as well as that of crypto-assets. Despite this, however, a number of cryptocurrencies have emerged with gains that have been pushing them up to impressive highs, in the last week. At the time of the writing of this Stocks Telegraph issue, the following names stand proud among the top weekly gainers:

    Top Weekly Gainers

    Genesis Finance

    The greatest gainer of the week was Genesis Finance (GEFI), which had a gain of an astounding 900% and saw its price balloon in the last 7 days from $0.00015 to $0.002083. Just two days into the week, this comparatively unheard-of cryptocurrency swept the market by storm, peaking at a 1280% increase. It is impressive that it GEFI presently holds a daily trade volume of over $3 million suggesting further upward momentum

    Tamadoge

    Tamadoge (TAMA) is the second cryptocurrency we look at, which reached a weekly gain exceeding 530%. Despite trading for less than a week TAMA rose from its initial price of below 2 cents to an all-time high of $0.1656. In just the last 24 hours, TAMA exploded in price by nearly 75% and a whopping 740% since Friday. Given this stellar growth in the last week, TAMA holds a daily trade volume of a whopping $50.4 million.

    Qatar Inu

    Another cryptocurrency making headlines this week was Qatar Inu (QATAR), with an indication of its upward momentum finally slowing down. Just in the past week, STG price appreciated by 323%. The asset’s gains now seem to be short-lived considering its price fall of 45% in just the last 24 hours. Qatar Inu is currently trading on the market for $0.00047 at the time of this writing.

    WhiteBIT Token

    Another exciting token to look at this week is WhiteBIT Token (WBT), which had a meteoric rise in value over the past week, rising from $3.9 to its current price of almost $12. This increase represents a growth of about 230% over the course of one week. WBT traces its phenomenal rise to late September when it has been climbing on a wild growth trajectory. Given its impressive momentum of the last week, the token is likely to continue its growth ride.

    DaoVerse

    DaoVerse (DVRS), despite the dismal fall it has faced in the last 24 hours still holds net gains in the last week that make it amongst the winners worth mentioning. Between Friday and Saturday, DVRS exploded in price from $0.000081 to $0.001171, denoting a climb of over 1300%. After its peak on the weekend, DVRS has fallen back down to realistic levels, bringing its weekly gains down to ‘only’ 199%. Impressively, the cryptocurrency has tripled its price over the week, despite the hard fall from its peak.

    Top Weekly Losers

    Unfortunately, the losses of the last week outnumbered the gains by a sizeable margin for those that held exposure to various currencies in the crypto-sphere. As a result of many bearish traders were increasingly selling off their holdings due to the wider macroeconomic circumstances. The outcome of this was a fall in the prices of the virtual currencies they had invested in. Some of the week’s poorest performers include those listed below:

    Cryptokki

    The Cryptokki (TOKI) cryptocurrency has appeared to be in a plummeting fall the past seven days with no signs of recovery. TOKI had been falling steadily for the last 12 days, but it was not until last Saturday that the cryptocurrency undertook a deadly fall. In just a seven-day timespan, TOKI has lost 96% of its price, with the losses of just the last 24 hours at almost 35%.

    ETHA Lend

    Another poor crypto-performer from the last week was ETHA Lend (ETHA), which caused its holders to suffer large losses. Its price was $0.083 at the beginning of the week and then dropped to its present low of $0.036. The price drop has been consistently spaced out in a steady decline over the span of the last 7 days, amounting to a 57% price loss during this time period.

    Fidance

    In the last week, Fidance (FDC) also had a sharp decline, which resulted in a huge investment loss for its holders. FDC is currently trading at all-time lows with a present price of $0.00006789. The crypto-asset has shed more than 58% of its price in the last week, and is down almost 98% from its peak of barely 12 days ago. Its present trade volume of nearly $1.5 million suggests that the selloff still has plenty of force to keep FDC falling to new lows.

    ASSAPLAY 

    ASSAPLAY (ASSA) too had fallen hard in the last week, trading at less than half the price it did on Tuesday last week. During this time, the crypto-asset, ASSA has gone down from $0.012 to a disappointing $0.0037. This digital asset has been going on a downward path since its entry into the market in May of this year, a fall it has never shown to have recovered from. In just the last week, ASSA has gone down a further 52%.

    Monopoly Millionaire Control

    Monopoly Millionaire Control (MMC), the final of this week’s major crypto-losers, dropped from $0.081 to an all-time low of below $0.017, a drop of about 79%. MMC has been falling hard since late August and experiencing a roller coaster of peaks and troughs through September. The prior week, however, has been one of the worst for the cryptocurrency. It is worth mentioning though, that in the last 24 hours, MMC climbed by almost 7%, which coincides with a volume surge of 40%.

  • Crypto Winners and Losers of the Week

    With the crypto-markets now officially falling into dark territory, confidence in the wider market seems to be at a multi-month low. Despite these pessimistic and uncertain sentiments by traders and investors, a number of cryptocurrencies have still proven to be winners. At the time of the writing of this update, the following names stood tall as the biggest winners of this week:

    Metanept

    Metanept (NEPT) was part of a rocketing climb this week, growing far more than any other cryptocurrency could conceivably achieve, especially in the present climate of uncertainty. NEPT, by yesterday, had exploded from $0.0084 to over $0.32, in a growth spurt amounting to over 3700%. Although this peak was somewhat corrected almost immediately, the gains for the week still stand at almost 850%. Momentum seems to be well-charged, with NEPT doubling itself in just the last 24 hours, and trade volume presently standing at $1.3 million.

    Fidance

    Fidance (FDC) has been another name in the cryptoverse with a beyond-epic climb of over 730% since last week. FDC peaked for the week on Saturday, hitting $0.00234, at which point its gains stood at over 2000%. Ever since then, the cryptocurrency has been slowly falling, yet its climb remains incredible given the growth it has managed to retain post-correction. Its trade volume appears stable at present, at the $1.5 million mark.

    Qatar 2022 Token

    Qatar 2022 Token (FWC) has finally been seeing favorable action for the first time in at least six months, given an impressive take-off in an upward flight. FWC climbed by 300% in the last week, and 40% in the last 24 hours alone. This rush appears to hold momentum, which may very well continue to and through the FIFA world cup held in Qatar, in November this year. Trade volume at present remains somewhat modest at $1.7 million, yet this may very well surge as promotion and hype around the world cup ramps up across social media, as November approaches.

    Viberate

    Viberate (VIB) has been seeing incredible hype in the market, with both bulls and bears battling it out, and influencing the cryptocurrency’s price. VIB has gained 160% in the last week alone, with present trade volume exceeding the $33 million mark. Despite these spectacular figures, the past few days have seen hype somewhat diminishing for the cryptocurrency, as at one point its gains stood at over 720% and volume at a whopping $527 million. Despite this, its present gains, even after the cooldown, still put Viberate among the week’s big winners.

    LoopNetwork

    LoopNetwork (LOOP) too has turned out to be a name in the crypto-verse with a weekly performance that is certainly worth mentioning. For most of the week, the LOOP cryptocurrency has been on a slow but steady climb, constantly pushing upwards from its starting point of $0.025. In the first 5 days, it succeeded in making it to $0.032, but it was not until Sunday that LOOP truly took off. Earlier this morning, LOOP hit its all-time high at a price of $0.071, pushing its weekly gain up to an impressive 184%.

    Top Weekly Losers

    Although, despite the bleak circumstances surrounding crypto-markets, a number of winners certainly emerged. However, the market as a whole produced a far larger amount of losers, with the crypto-verse generally seeing a trend of traders pulling out, rather than pouring cash into the market. The result, therefore, was some seriously disappointing crypto-trends. As of the writing of this Stocks Telegraph update, the week’s losers are as follows:

    ETHPoW

    As many had already anticipated, following Ethereum’s merger with PoS, the biggest weekly loser was the ETHPoW. Interestingly, the cryptocurrency was off to a positive start during the week, climbing up from $30.71 to $60.68, almost doubling its price in just two days, till Thursday of last week. As the merge saw completion, however, ETHPoW saw a corrective plummet, which has it presently trading at $5.71, with a weekly loss of over 80%. With a trading volume of over $180 million, it seems apparent that sentiment surrounding this cryptocurrency remains overwhelmingly pessimistic.

    ITSBLOC

    ITSBLOC (ITSB) was an especially disappointing crypto player this week, primarily given its anti-climatic price trajectory. The cryptocurrency started off as a rising star, and many expected to make it to the list of big winners of the week. In just two days ITSB doubled its price from $0.36 to $0.72, and then took an instantaneous plummet, pushing it down to $0.12. The following days saw an attempt at a fightback, with its present price at $0.14, and its loss for the day and the week standing at 81% and 62% respectively.

    hiODBS

    hiODBS has been another disappointing name that was a big loser this week, falling spectacularly by 72%. This cryptocurrency initiated trade in the markets only last week, and the timing for this has been unfortunate, given some of the most bearish climates the wider crypto-sphere has seen this year. hiODBS initially climbed from $0.0190 to $0.0240 on its first day but has been falling ever since. At present, it is down to $0.0052, with its downward trajectory hardly showing signs of a slowdown.

    Phoenix Global

    Phoenix Global (PHB), after its spectacular performance throughout the prior month, climbing by over 470%, finally saw its hot spell dying down with its dismal performance in the last week. In the last 7 days alone, PHB fell from $2.36 down to $0.93, a loss which translates to almost 60%. With its $35 million trade volume for the day, it appears evident that holders are pulling out their capital from the cryptocurrency in large numbers. This comes in wake of the bearish conditions anticipated in the coming days and weeks.

    AirDAO

    AirDAO (AMB), also proved to end up in disappointment for those that were backing it, with its prices cut down to almost half in just the last seven days. Its descent from $0.042 to its present price of $0.021, indicates how the market seems wary of AirDAO. Based on the trends, it is likely that this selloff may very well cool off and attain stability, as trade volume has come down from $190 million, a week ago, to a mere $7 million at present.