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  • Crypto Performance Review: Top Weekly Gainers and Losers

    Crypto Performance Review: Top Weekly Gainers and Losers

    With the crypto market finally showing some much-awaited signs of recovery, bulls did not take much time to react, and rushed the most promising names, as market sentiment improved. Several cryptocurrencies saw their prices take off remarkably in the last seven days. At the time of writing this newsletter, the top weekly gainers stand as follows:

    Crypto

    Top Weekly Gainers

    Niobium Coin

    Among all the winners seen this week, none compare with the sheer magnitude of the rise seen with that of Niobium Coin (NBC). The coin, in just a seven-day period, took on a staggering climb from $0.0018 to its present price of $0.0558, which translates to a whopping weekly gain of over 3000%. This bullish pump comes in spite of having no developments announced whatsoever, and volume has taken off from practically $0 to over $700,000 in hardly three days.

    Tap

    Tap (XTP) is yet another project that brought on an unparalleled take-off throughout the prior week, in its rise from $0.00027 to its present high of $0.00700. This phenomenal price trajectory works out to a weekly gain of almost 2500%, bringing much cheer to those who timed their positions correctly on XTP. The cryptocurrency saw its volume surge from barely $500 to over $2.5 million, as the news announcement came in, relating to the project’s successful RTO and entry into public markets.

    DogeKing

    After a relatively quiet week, DogeKing saw a price explosion yesterday, which tripled its price in a single day, and put its weekly gain figure at a remarkable 248%. Like most winners this week, its volume had also seen an explosive, rather than a steady climb, as it went from less than $5000 to $1.6 million in a matter of days. Most of this growing hype comes from social media meme-coin enthusiasts, who have been rushing their favorite canine-themed player, as the market began its ascent toward recovery.

    Gala

    Another giant winner this week is Gala, which has blown onlookers away, not necessarily due to its weekly gain of 164%, but its sheer volume, which currently stands at $1.54 billion. Gala is the 90th largest name in the crypto-sphere and the widely accepted king of crypto-gaming. It has recently made a string of announcements, including an acquisition of Ember Entertainment, becoming the official token for Town Star Game, and also the Gala film project. Above all, it is a natural beneficiary for improving crypto-market conditions, rising as the bear market approaches its close.

    Shibnobi

    Shibnobi (SHINJA), in a single week, saw its price steadily climb from $0.000058 to its present level of $0.000161, denoting a remarkable 178% weekly gain. With SHINJA almost tripling its price, it boasts a trading volume currently exceeding $5 million. A significant catalyst for this pump seemingly is a recent announcement by developers, that no gas fees or taxes will be charged on SHINJA transactions for the next 29 days.

    Top Weekly Losers

    Where bulls take the rise, bears too naturally follow. This has proven to be especially true in the crypto markets with improving optimism among traders and investors. A number of cryptocurrencies undertook hard falls this week, bringing severe losses to their holders. At the time of writing this newsletter, the following stand as the top weekly losers:

    hiDOODLES

    hiDOODLES continues its losing performance, as we reported in the prior week, and thus once again making it to our list of weekly losers for the second time in a row. In merely 7 days, hiDOODLES saw a sustained price plunge which took it from $0.20 to less than $0.04, essentially shedding 85% of its price. This downward slip comes after the selloff which brought the artificial price pump to a grinding halt.

    Crypto Arc

    Crypto Arc (ARC) has been seeing hard price plunges throughout the week, as well as attempts to fight back, which have all eventually proven to be futile. Throughout the prior week, as talk of a potential rug pull began making the rounds, ARC saw a hard sell-off, which took its price from $0.13, to below $0.07. Volume too has been steadily falling throughout the week, from $5.8 million, to present levels of $1.4 million, further dimming the chances of any meaningful recovery.

    The Paradox Metaverse

    The Paradox Metaverse (PARADOX) has also had the misfortune of making it on our list of top weekly losers. In just seven days, its price trajectory demonstrates how it has halved its price during this period. In its fall from $0.06 to $0.03, its volume continues to steadily decline. Paradox’s decline traces back to its initial launch in the market, upon which point it was trading at $0.10. Prospects for a turnaround seem unlikely based on this momentum and wider volume trends.

    hiMOONBIRDS

    hiMOONBIRDS has been in the market for barely a week, after its ICO, and has been on a declining path since. It has trimmed over half of its initial price of $0.023, given its current price point of $0.011. It is apparent that bulls are backing off from this fight, with volume steadily coming down from $5 million to $900,000 at present. A number of traders continue to watch this trajectory closely, hoping desperately for a bottom to set in.

    THE Protocol

    THE Protocol (THE) is a cryptocurrency that has been in the trade since mid-November and has yet to find the bullish momentum to bring it the gains it seeks. As of yet, there is no end to its downward slip, with a further fall of 45% coming in just the last seven days. Such performance is typically expected of new players and could see a turnaround as developments and major announcements are seen in the future, showing the market some promise for growth.

  • Crypto Weekly Review: Top Weekly Gainers and Losers

    Crypto Weekly Review: Top Weekly Gainers and Losers

    Even though top crypto players such as Bitcoin and Ethereum failed to snap out of their paralysis, several names in the crypto market have brought on spectacular gains this prior week, with the entry of 2023. At the time of writing this newsletter, these weekly gainers stand as follows:

    Crypto

    Top Weekly Gainers

    CryptoZoo

    Despite being allegedly referred to as a scam coin, CryptoZoo (ZOO), saw an incredible takeoff, throughout the prior week. CryptoZoo, which is founded by the internet celebrity, Logan Paul, aims to operate via autonomous zoo ecosystems which facilitate the breeding, collection, and trading of hybrid digital species. With all the controversy his promotion had brought, ZOO has seen an impressive climb of 975% in only 7 days, taking its price up to $0.0000065. The price trend indicates that fans and supporters of Logan Paul vastly outnumber the critics, at least in terms of market participants.

    Bonk

    Amid news reports that Bonk will see listed on coinbase, market bulls were awakened from their slumber, and began rushing this cryptocurrency in an incredible manner. Since as recent as new year’s day, Bonk saw its trade volume rocket upwards from less than $90,000 to over $18 million. With all this bullish attention, the cryptocurrency saw its price surge in the last week from $0.000000092 to its present high of $0.000001001. This spectacular rise translates to a weekly gain of over 800%, in only a seven-day window.

    Trace Network Labs

    With a recent announcement from Trace Network Labs (TRACE), of new liquidity being added, and subsequent distribution to all holders, the market rushed the cryptocurrency on the 31st of December. As a result, its price exploded from $0.0078 to $0.6311, denoting a rocketing gain of almost 8000%, in a matter of a few hours. However, the market was soon to correct this sporadic rise, bringing TRACE back down to $0.1080. Despite this, the cryptocurrency is now trading with a weekly gain of a remarkable 1250%.

    Shikoku

    Shikoku (SHIK) has also made it to this week’s hall of fame, with its 585% takeoff, which places it at a current price of $0.00000001979. Its present volume is on the verge of crossing the $1 million mark, which is the highest level it has been throughout the past week and has climbed by 65% in the last 24 hours alone. Based on this momentum, the climb for SHIK may have only just begun.

    UpOnly

    UpOnly (UPO) has also come in with a very successful price climb, after more than doubling its market capitalization in a single week. During this time, UPO went up to $0.0135, from $0.0050, denoting a weekly gain of 170%. This rise comes as both the project’s staking and ICO platform go live, in the upcoming days.

    Top Weekly Losers

    As would be expected, just as bulls took several cryptocurrencies to impressive highs, so too were born active in the market this prior week. As a result, several crypto-names took disappointing plunges, bringing in hard weekly losses. At the time of writing this newsletter, the following made it to the list of top weekly losers:

    FaceDAO

    Even though FaceDAO has climbed by 14% in the last 24 hours, looking at its price trend over the week shows a disappointing price trajectory. The cryptocurrency has seen a sustained price fall from $0.000000455 to a present low of $0.000000094. This adds up to an overall price shed of over 79%, in barely seven days. During this period, volume too has been steadily dropping from $1 million to almost $300,000, making the prospects of a bounce-back even dimmer.

    hiFLUF

    The recently launched crypto-name, hiFLUF began its dip almost immediately after its introduction into the secondary markets, with an initial price of $0.01450. With a persistent downward slide coming about in the prior days, hiFLUF is now trading at $0.00468, which is 68% below its price of a week ago. The market is clearly re-pricing this new player, and pushing down the benchmark amid the wider market uncertainty.

    PLC Ultima

    PLC Ultima (PLCU) is a high-value mass-use crypto tool, allowing users to access global financial infrastructure. Despite this however, the last week had proven to be rough on this crypto-asset, as it began its descent from $1906 to $987, within only 7 days, and ringing alarm bells among its holders. During this time, it has shed almost half of its total price. The panic comes after developers changed PLC to PLCU without prior warning changing its base-rate in the process.

    hiDOODLES

    After a highly successful gain in the prior week, hiDOODLES has apparently shifted gears and is moving in the opposite direction, reversing all of its gains as a result. On Wednesday, the crypto-asset peaked at over $0.82, which immediately brought in a downward shift. Throughout the week, bears continuously dragged down the crypto name, putting its current trade price at $0.17. In barely a week, hiDOODLES has seen its price shed by almost 80%.

    World Cup Inu

    Finally, we turn to the most significant among weekly losers, World Cup Inu (WCI), with its weekly price loss of over 97%. With the world cup fever fast wiping away, the appeal of tokens relating to the event has clearly also been dying out of favor. WCI’s plummet began earlier today, despite a stable week, in a coordinated mass selloff, and hardly any prospects of a fightback.

  • Crypto Weekly Winners: ATH Coins & Top Movers

    Crypto Weekly Winners: ATH Coins & Top Movers

    Crypto

    Even though there is widespread uncertainty across the crypto market, and hardly any confidence in the broader macroeconomic conditions, some cryptocurrencies have performed remarkably as of late. Several names in the crypto-sphere have taken off to new peaks, establishing new all-time highs in the process. At the time of writing this newsletter, the following names stand as being the top ATH coins:

    ATH coins

    SpaceN

    SpaceN (SN), which has been in circulation for barely two weeks has been having a field time in the market. Since Christmas, SN has been making it to new highs, which it continues to push on to, even at the time of this writing. In the last week alone, the cryptocurrency has made it from $0.19 to its present price of $0.76, which it had never surpassed prior to this.

    City Tycoon Games 

    City Tycoon Games (CTG) has once again made it to our list of ATH names, after its impressive climb during the previous week. This time around, CTG has set a whole new benchmark, in crossing the $0.11 mark. Ever since its listing on Gate.io, this monopoly-themed game token has been gaining wild popularity across the market and is soaring to new heights.

    Fame Reward Plus

    Fame Reward Plus (FRP) since its two months of swapping hands in the market, enjoyed its most bullish week, in the wake of Christmas-time cheers. In just the last week alone, the cryptocurrency more than doubled its price from $24 to $56. Its price rise had been so impressive such that each day of the last week took it to a new ATH, with $56 being its latest achievement. This cryptocurrency is bound to climb to even more lofty highs.

    Soonaverse 

    Soonaverse (SOON) has been raising the bar for its all-time high since mid-December, and breaking its own personal record in a consistent manner, without fail. This bullish momentum has put SOON today above $0.67, setting the stage for further growth. Developers have been hinting at noteworthy partnerships, updates, and modules following New Year’s Day, which explains the increasing hype.

    hiPUNKS

    hiPUNKS has been seeing a phenomenal surge in the hype around it, which can be gauged through its trade volume rise from $200,000 to over $1.5 million within a single day. All this interest stems from the scheduled subscription of the hiPUNKS fractionalized NFT concept. In the wake of this bullish run, the cryptocurrency briefly surged from $0.099 to $0.283, within a single hour. This high peak now stands as the crypto-asset’s latest ATH point.

    Top Movers (24H)

    Although the crypto markets have taken a beating throughout 2022, and are expected to enter into the following year on a cold note, there have been some winners apparent in the market as of late. One domain where such winners are seen is in terms of cryptocurrencies undertaking rapid, single-day climbs. At the time of writing this newsletter, these top movers are listed as follows:

    VCGamers (VCG)

    VCGamers (VCG) takes the lead in today’s hall of fame, with its price rise from $0.0135 to over $0.0250, translating to a daily gain of an impressive 85%. During this same time, VCG saw its trade volume explode by 12,000%, from barely $6,000 to over $800,000. With no updates relating to the project in sight, many have been cautioning against this rally, calling it an artificial pump.

    STAT

    STAT witnessed an explosive price rise earlier today from $0.49 to $2.79, in a brief jump of almost 470%. As the day progressed, however, STAT returned back to earth, and traded close to $0.89 throughout the day, putting its net gains at 82%. This surging interest comes with STAT’s listing today on the Bit Thump Exchange, which is seeing commemoration with a generous airdrop to holders.

    Dent

    Dent is one of the biggest names on today’s list with its trade volume of a whopping $142 million today, up 6000% since yesterday. Amid this growing volume, DENT rose from $0.00058 to a peak of $0.00091 earlier today, denoting a gain of an impressive 57%. The project offers a promising concept of tokenized mobile data, and has been seeing interest across the world, which may have acted as an initial trigger for today’s bullish rise.

    GoCryptoMe

    GoCryptoMe (GCME) has also been on the wider crypto market’s radar today, with its trade volume crossing the $20 million point. With so many bulls seemingly activated, GCME witnessed a sustained, but incredible price takeoff, taking it from $0.012 to $0.021. This 75% jump comes as the project brought GCME farming online, providing crucial liquidity benefits to each of its holders.

    hiDOODLES

    hiDOODLES, after featuring on our list of winners for a number of weeks, has once again proved its mettle by coming out as a top gainer today. In what appears to be the most sustained pumping of a cryptocurrency, hiDOODLES, today exploded spontaneously from $0.31 to $0.88, in a jump of over 180%. As the day progressed, however, the crypto name began stabilizing close to the $0.51 mark, bringing in its net gains for the day at 65%.

  • Crypto Weekly Gainers and Losers

    Crypto Weekly Gainers and Losers

    Although 2022 has been ending on an undesirable note, the immediate term has clearly brought on board its fair share of winners. Even though top crypto names such as BTC and ETH have remained immobile lately, some names in the crypto game have taken on spectacular climbs. At the time of writing this newsletter, the top weekly gainers stand as follows:

    Crypto

    Top Weekly Gainers

    hiDOODLES

    Following its successful performance of the previous week, hiDOODLES continues its winning streak into the present week too. This time around, the cryptocurrency has taken off from $0.06 to its present high of $0.40, in the span of only seven days. With an impressive trade volume of $2 million, this rise translates to a weekly gain of a staggering 566%. Given its strong potential, the cryptocurrency is increasingly being called another goldmine in the Kucoin exchange.

    Convergence

    Another cryptocurrency that brought on a spectacular rise was Convergence (CONV), which saw a sudden price explosion on Christmas day. This caused CONV price to shoot up from $0.00044 to a peak of $0.00332, with its trade volume peaking at $9.44 million. Although the cryptocurrency is now “down” to $0.00214, its weekly gains of 386% remain nothing short of incredible.

    VAIOT

    VAIOT (VAI) is another crypto-name that climbed high in the Christmas rally seen in the prior week, in its take-off from $0.018, peaking at $0.060 on Sunday. In the following days, however, VAI initiated a slow drop, reversing some of its Christmas day gains, putting its net appreciation for the week at 194%. Its volume is presently down from $3.4 million seen yesterday to its present level of $1.4 million.

    RankerDAO

    RankerDAO (RANKER) too made it to the list of weekly winners, with its spectacular price shoot-up seen on Friday, in an explosion that took it from $0.0029 to a peak of $0.0190. This instantaneous rise of 555% coincided with the RankerDAO project initiating its NFT minting process, which saw volume reach $9.6 million. However, as the hype died down, RANKER stabilized at $0.0074, leaving its gains for the week at 289%.

    Medieval Empires

    Following its highly successful ICO and launch into the secondary market, the Ertrugrul-themed fantasy game, Medieval Empires (MEE) saw an epic price rise this week. As market bulls rushed this new and promising player, its price took off from $0.011 to $0.024, translating to an impressive climb of 118%. It must be pointed out, however, that MEE saw its trading volume drop from $3.8 million to $1.2 million, in the last 24 hours.

    Top Weekly Losers

    With a large number of impressive winners, the week also saw its fair share of disappointments, with several cryptocurrencies taking on drastic price falls. At the time of writing this newsletter, the following stand as the top losers of the week, in terms of their price depreciation:

    Metanept

    Throughout the previous week, Metanept (NEPT) saw a price fall and an especially hard plummet with the onset of Christmas. NEPT has fallen from its price of $0.00410 a week ago to a deadly low on Sunday of $0.00036. This fear had come primarily from a deposit suspension by MEXC and a potential de-listing from Bitmart. Net loss throughout the week stands at 89%.

    hiMEEBITS

    hiMEEBITS has been slipping hard this prior week, in its fall from $0.017 to its present low of $0.007, translating to a downward movement of 58%. The cryptocurrency seemingly has come to lose favor among its backer’s given hidden aspects of its protocol, such as deductions made for every trade conducted. Despite this drastic performance, many of its supporters are claiming that a bullish rise may well be imminent.

    Wolf Game Wool

    Wolf Game Wool (WOOL) has shown a highly irregular price trend across the last week, with the cryptocurrency seeing price bursts and shootdowns throughout. However, looking at its overall trajectory, we see that WOOL has shed more than half of its price while dropping from $0.042 to its present low of $0.020. In the last few hours, its trading volume has also fallen sharply from $8.5 million to $4.2 million.

    Xoloitzcuintli

    Another significant name among crypto-losers this week has been Xoloitzcuintly (XOLO), which has been shedding its price throughout the week. In the last seven days, it has seen its price go from $0.00025 to a low of $0.00012, translating to a 52% unrealized loss. However, it must also be pointed out that XOLO also climbed to high peaks during brief instances this week, and reached as high as $0.00111. Evidently, none of these peaks could be sustained for a long period of time.

    MELX

    MELX (MEL) was another heart-breaker of the week, dealing damage to its holders, in its fall of 48% in the last seven days. However, in the last few hours, its trade volume has taken on a gradual climb to over $1 million, which may be an indication that the market bulls have entered the arena. Time will tell, however, what direction MELX ultimately takes.

  • Crypto Weekly Winners and Losers

    Crypto Weekly Winners and Losers

    Top Weekly Crypto Gainers

    Despite the volatility seen, which broke the upward momentum of top crypto names such as Bitcoin and Ethereum, a number of cryptocurrencies have performed quite impressively. Several names undertook epic climbs, despite the fateful weekend that triggered a bearish market-wide plummet. As of the writing of this newsletter, the following names stand as the top gainers of the week:

    Crypto

    Azit

    From among all winners of the week, the one that takes the lead by far is Azit. The Korean real estate blockchain project saw a surge in its volume on Friday, which resulted in a spectacular price explosion, taking the cryptocurrency from $0.032, straight to the $1 point. Although this peak could not be sustained, Azit is presently trading at over $0.30, reflecting a net gain of a whopping 838% climb in just a seven-day period.

    Elan

    Another name in the crypto-verse that has been performing spectacularly this last week has been Elan. The cryptocurrency undertook a week-long climb that took it from $2.50 to $7.70, in a single week. This gain translates to over 200%, with the cryptocurrency more than tripling its price during this period. The surging interest surrounding Elan traces back to last week, after its successful patent filing on its Apollo concept, offering its intellectual property protection in the market.

    GoCryptoMe

    GoCryptoMe (GCME) also proved to demonstrate a dazzling success this week in its price take-off from $0.0064 to its present price of $0.0187. This price appreciation of over 190%, coincides with epic levels of volume, presently exceeding the $22 million point. Interest around GCME has been growing since the project’s v2 platform rollout, leading to high levels of FOMO in the market.

    YFDAI.FINANCE

    YFDAI.FINANCE (YF-DAI) saw perhaps the most thrilling price trajectory of this week, resembling a rollercoaster path in many instances. On Wednesday last week, YF-DAI exploded in price, and shot up from $33.10 to a peak of $205.88. However, although this gain was short-lived, the cryptocurrency’s price, post-stabilization presently hovers around $92. Despite the price correction, therefore, YF-DAI has gained a net 179% in the prior seven days.

    hiDOODLES

    The last week saw hiDOODLES climb to mighty highs, and also fall to drastic lows. At its highest point, the cryptocurrency gained over 350%. However, in the corrections, and fightbacks that followed, hiDOODLES stands to have netted a climb of 168% during the last week, making it an impressive name on our list of top winners.

    Top Weekly Crypto Losers

    Unfortunately, given the uncertain and volatile state of the wider crypto market, there had been a lot more losers in the past week than they had been winners. Bears have been far more active, selling off their stakes and bringing the wider market capitalization lower. At the time of this writing, the following crypto-names stand as being the top weekly losers in the market:

    BITCONEY

    With its 24H trade volume of over $3 million, BITCONEY has seen a price drop of 90.8% this prior week, making it the top loser in the crypto-sphere. The mass sell-off comes after a crash in token liquidity, which immediately triggered off alarm bells, with many holdings cautioning towards a rug-pulling being underway. As its volume remains quite high, it is expected to undertake a further fall beneath its present level of $2.58.

    CryptoFi

    After its 72% price loss of the prior week, CryptoFi (CFI) has continued on this losing momentum, making it to this week’s list of losers too, having shed a further 90.7% in price. Although CFI has been gradually slipping beneath $0.000260 throughout the week, it saw a hard plummet yesterday, resulting in its present price of $0.000019. Market participants sense red flags, especially since 95% of the tokens are owned by a single address.

    Bitcoin Standard Hashrate Token

    Following signs that Bitcoin Standard Hashrate Token (BTCST) will likely be delisted from Binance, the cryptocurrency began experiencing a mass selloff due to liquidity concerns. In the process, it dropped from $5.66 to its present low of merely $1.75. This poor fall translates to a price loss of almost 70%, in a single week. Its trade volume of over $5 million further suggests that the bear is yet to calm down with BTCST

    Mithril

    Another significant name among crypto-losers this week has been Mithril (MITH), falling from $0.0127 to its present level of $0.0053, translating to a 58% drop. The hardest plummet during the week took place on Thursday, and continued its sharp fall throughout the weekend, as volume peaked at $16 million. Mithril has already seen a delisting and promises no future updates, which explains its wider unfavourability.

    Bxmi Token

    Bxmi Token has shown to be highly unpredictable over the prior week, falling suddenly to new lows without warning. It started off the week at the $0.4452 point and is presently down to $0.1802. This fall, which amounts to a weekly 60%, is likely to continue, based on the momentum seen.  Volume has gone up by 20% in the last 24 hours, and BXMI continues to hit deeper lows, as the day moves on.

  • Crypto Winners & Losers this Week

    Crypto Winners & Losers this Week

    With the anticipation by many of crypto’s cold winter finally coming to an end, market bulls have been activated, and found to be rallying up the prices of several cryptocurrencies. In wake of this bullish resurgence, a number of crypto-names have achieved tremendous gains over the prior week. At the time of the writing of this newsletter, these top weekly gainers are as follows:

    Crypto

    Top Weekly Gainers

    EarthFund

    EarthFund (1EARTH) stands as a clear winner this week, given its epic rise from $0.0011 to $0.0066, in only seven days. This price trajectory translates to a 500% climb and holds a trading volume of over $10 million. This US-registered project supports greenery and sustainability causes and aims to empower local communities and nature, through the power of blockchain. The appeal of such a project is evident in its sustained rise.

    NetZero

    Another name in the crypto-sphere that has been performing phenomenally this last week has been NetZero (NZERO). The cryptocurrency has more than tripled its price from $0.058 to $0.198, all in merely seven days. The project is a vocal proponent of the proof-of-stake concept for its low energy cost and has been gaining popular support amid rising electricity costs which make mining unfeasible.

    MakiSwap

    MakiSwap (MAKI) is another that proved to be a wild success during the week after it successfully managed to almost quadruple its price. Its price curve saw it start off the week at $0.0014, and explode yesterday to a high of $0.0057. Presently, MAKI is trading at $0.0055, translating to a net weekly gain of 292%. In the last 24 hours, MAKI saw its trade volume surge from less than $100,000 to over $2 million.

    hiDOODLES

    hiDOODLES has also been on a roll lately, delivering hefty triple-digit growth, much to the delight of all its crypto-holders. The cryptocurrency has been on a slow rise for most of the week until its sudden price explosion of over 300%. Over the course of the week, its net gains are presently 163%. It has been enjoying a sudden surge in market hype since its listing on Kucoin.

    Cat

    Holders of CAT experienced a terrific upward climb after its sustained price shoot-up of 155%, over the prior week. This meme token is the newest name in the meme-coin world and is poising to be a worthy competitor to canine-themed coins such as Doge. It’s recent listing on Coin Gecko adds to its overall popularity, and partly explains its recent upward price surge.

    Top Weekly Losers

    With many in the market highly optimistic about the future trajectory of the market, a number of participants have been letting go of their stakes, expecting things to take a downward turn. A number of crypto-assets have seen a hard plummet in recent days. Some of these names are as follows.

    Rubic

    Rubic (RBC) made it to today’s list of top weekly losers, given its price loss from $0.0222 to its present low of $0.0040, all over the span of a single week. Although the damage had been limited throughout the week, it was not until yesterday that RBC plunged hard, losing over 80% of its crypto price in a single day. Its net loss for the whole week presently exceeds 88%.

    CryptoFi

    Another losing name from this week is CryptoFi (CFI), the weekly loss of which is presently over 72%. The cryptocurrency was off to a strong start in the week, which saw it climb from $0.00097 to $0.00284. This impressive rise saw a rapid correction, as the bears got the better of its price trend, resulting in its present price of $0.00025. At present, CFI’s trade volume is stable at over $900,000.

    FunFi

    Following several complaints from its crypto community, FunFi (FNF) saw a hard price sell-off during the week, resulting in a net weekly price loss of over 45%. With little information regarding the development team, and periodic token dumps, many are calling FNF to be a scam, hence the overall sense of skepticism surrounding it.

    ZigZag

    Holders of ZigZag (ZZ) experienced a thrilling roller-coaster ride this week with unpredictable ups and downs dominating its trend. Eventually, however, as crypto volume began climbing to sizeable levels, market bears gained the upper hand, taking ZZ down from $5.32 to merely $0.82. Accounting for this week’s rises and falls, ZigZag has lost 60% in the last seven days.

    Handy

    Handy has shown to have an extremely volatile crypto-price curve over the last seven days, with both its price and volume figures taking unpredictable jumps. The overall direction for the cryptocurrency, however, has been overwhelmingly bearish, after it shed over 65% of its price in merely 7 days.