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  • Crypto Performance Weekly Review: Top Winners and Losers

    Crypto Performance Weekly Review: Top Winners and Losers

    The sleeping crypto-bull has finally arisen, and is charging in full action. As a result of the BTC and ETH rise, market confidence has been soaring, and several cryptocurrencies took off spectacularly. At the time of writing this newsletter, the following stand as being the top crypto gainers of this week:

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    Top Weekly Gainers

    aiRight

    aiRight (AIRI) found itself taking on a rocketing price trajectory this week, as it blew up from $0.00158 to its current high of $0.00820, which denotes a jump of a whopping 419%. Working on an NFT and copyright management platform, the project has a great narrative, and strong momentum, and is favorably suited to take off amid this increasingly bullish crypto environment.

    Trava.Finance

    Trava.Finance (TRAVA) is yet another crypto initiative that has all in the market turning heads, as its token climbed up from $0.000279 to $0.001755 within a single week. This 529% weekly rise is incredibly impressive, and volume continues to rise up from $40,000 to over $1.7 million in the last seven days. With an active development team and an inherently safe project, many are calling TRAVA the hottest deal of January.

    TEMDAO

    In an explosive price burst, TEMDAO (TEM) took off earlier this week, from $0.039 to its present price of $0.216, which makes up a climb of 454%. This catalyst that triggered this remarkable price pump seemingly comes from the public endorsement of TEMDAO made by the webcam model, Gloria Sabra. It is important to point out, however, that momentum appears to be coming to a close, as volume has gradually fallen from $3.4 million to $900,000, during the week.

    Timeless (LIT)

    Timeless (LIT) has been taking on an impressive climb in recent days, as it more than tripled its price from $0.017 to over $0.055, in just one week. Volume during this time has steadily been ballooning from $28,000 to $3.8 million. Timeless has several upcoming catalysts, which explain the current boom, including an airdrop, a Bunni website launch, as well as Gauge reward initiation.

    Serum

    By far the biggest winner this week, in terms of its trade volume of $111 million in Serum (SRM). This cryptocurrency almost tripled its price in its weekly take-off from $0.18 to $0.49. This high-performance decentralized exchange is an obvious name to take off with improving market sentiment, and the rise of top crypto names. However, traders must be cautious as trade volume has fallen considerably in the last few days, from $1.3 billion to $111 million. This descent may very well continue in the upcoming days, bringing about price stability for SRM.

    Top Weekly Losers

    With the spectacular rise seen in the overall crypto-market, and bulls fully activated, there are also several names in the crypto-sphere that did not perform up to mark and have even brought in quite the losses to their holders in the prior week. At the time of writing this newsletter, the top weekly losers among cryptocurrencies, are as follows:

    Omni Real Estate Token

    The Omni Real Estate Token (ORT) stands as the biggest loser this week, and, by far the hardest hit, as it lost nearly all its price value in the last few hours. Following updates that ORT was exploited by a hacker on the BNB chain, who had gained approximately $70,000, a mass sell-off was triggered, as trade volume jumped up from virtually zero to over $700,000 in less than an hour. During this time, ORT price sank from $0.006374 to $0.0000001, which approximates to a 99.9999% fall.

    Create

    Create (CT) too is another crypto name that seems to be undergoing a hard plummet this week, after concerns of it being unsellable for 10 days, and its liquidity locked in. These concerns have led to panic among its holders through social media, who have been labeling it as being a “scam token”. In the pessimism that ensued, market bears have driven down CT from $0.070 to $0.014, in the last seven days, in a loss translating to 80%.

    Old Bitcoin

    Another devastating fall seen this week was that of Old Bitcoin (BC) which dropped from a high of $0.2216 to its present low of $0.0672. This gradual price shed has caused BC holders to lose about 70% of their holding value. The trigger behind this fall comes from heavy selling within insiders, without any disclosures, which has understandably spread panic across the market.

    ViCa Token

    ViCa Token fell from $0.046 to a present low of $0.015, in the last 7 days, a fall equating to 67% in the red. However, as volume has been ramping up lately, from $12,000 to $2.3 million, it is apparent that bulls are pushing for a fightback, as ViCa has more than doubled its price in the last 24 hours. It is evident that several market participants are aiming to buy the dip, and are driving up the price in the process.

    Niobium Coin

    Another unfortunate name that made it to our list of weekly losers is that of Niobium Coin (NBC) which shed its price considerably, despite its trade volume of almost $12 million, seen early this morning. NBC has plunged from $0.174 to $0.028, in the last week, translating to a loss of 84%. The fall comes after an explosive price pump, which continues to correct itself with a hard fall driven by bears.

  • Top Crypto Winners and Losers of the Week

    Top Crypto Weekly Gainers

    With mixed results of some major cryptocurrencies throughout the last week, the wider market seems to stand divided, in terms of which are the best names likely to take a rise. The following names stand as the top gainers of the week, despite wider uncertainty:

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    Okratech Token

    Okratech Token (ORT) stood as the biggest winner of the week, more than quadrupling its price from $0.0024 to $0.0099, in a gain amounting to a staggering 313%. This relatively unknown token took the market by storm and peaked at a 358% spike just two days into the week. The fact that it has managed to maintain most of this climb is impressive. The last three days however saw ORT’s trade volume fall from over $3 million to a present figure of $1.3 million, in a persistently declining trend.

    Neoxa

    Neoxa (NEOX) has been another big performer of the week, that was in the market’s spotlight after its phenomenal shoot up of 547% from $0.0038 to $0.0246 in just six days. The next day, unfortunately, brought in a hard correctional plummet, followed by a fight back, as daily trade volume continued its climb approaching the $3 million mark. The last 24 hours brought in another fall of 24%, with hardly any show of resistance. Despite this disappointing shift, NEOX still stands as one of the top winners of the week, with net gains amounting to 213%.

    Terra Classic

    Terra Classic (LUNC), has been the most widely followed cryptocurrency of the week, by far, with its present trade volume standing at over $2.4 billion. Its weekly rise from $0.00014 to $0.00041 amounts to a gain of over 192%, almost tripling the capital of those that hold it in their portfolios since last week. Its trend indicates a persistent upward climb with no hint of resistance as of yet, which explains the rising volume trend. However, the daily trade volume curve appears to be flattening which may indicate the gains as eventually stabilize in the next few days.

    Premia

    Premia stands as another name amongst weekly winners, which has more than doubled its price in the last seven days. The weekly trend for the cryptocurrency has been bullish and saw it jump from $0.76 to it present price of $1.56. Premia is now trading at a high it had last achieved back in April, this year. The market seems to be betting on this growth trajectory, given its daily trade volume rising from $250,000 to $1.8 million in just a seven-day time span.

    ArenaPlay

    ArenaPlay (APC) also made it on the list of the week’s big winners. The prior week brought in a neat growth trend for the cryptocurrency which had gradually been rising and then exploded in price in the last 24 hours, giving it an unexpected 75% jump. This jump has pushed up APC to its all-time high of $1.39, which has caused a volume rush of 63%, in the last day alone. This fast-growing volume trend possibly suggests that APC is still far from slowing down. At present, its gains for the week stand at 123%.

    Top Crypto Weekly Losers

    Where the crypto-market, amidst mixed feelings and uncertainty brought in a number of impressive winners, it also saw huge disappointment, with quite a few resulting in substantial losses for all those holding them.

    MM Optimizer – Polygon

    MM Optimizer – Polygon (MMO) came in with one of the most substantial losses of the week, falling by over 75%. MMO started off the week with a brief upward climb, that proved to be deceptive for those betting on it. After its jump from $9.25 to $10.18, within the first hour, MMO subsequently took a hard plummet, falling down to $4.46 almost instantly. The coming days brought a further steady descent, which now has the cryptocurrency trading at a low of $2.12, in a selloff that seems apparently endless.

    DaoVerse

    DaoVerse (DVRS) was another name among the unfortunate cryptocurrencies of the prior week that fell extraordinarily. DVRS had built a reputation as a winning cryptocurrency, so the fall comes as a surprise to many enthusiasts in the market. DaoVerse started off the week on a positive note, climbing from $0.00287 to $0.00385, amounting to an immediate 34% jump. As the week progressed, however, it continuously undertook steep downward drops, which presently puts its price at $0.00097, which translates to a weekly loss of 68%.

    Freedom God Dao

    Freedom God Dao (FGD) had fallen hard in the last week from $4.73 to just yesterday’s price of $1.38, in a fall that amounted to over 70%. The last 24 hours, however, bring in a potential change of fate and have seen the crypto-asset rise by an impressive 33%, to $1.90. As a result of yesterday’s performance, the cryptocurrency’s weekly loss has been cut down to 64%, which is still substantial in relative terms. However, as today’s upward trajectory pushes on, these losses may see a further reversal throughout the day.

    Mancium

    Mancium (MANC) had been one of the most widely followed cryptocurrencies of the week, given its tremendous shoot-up in the prior month, taking it from $0.67 to $8.30, in a whopping 1140% rise. However, the glory days of this star crypto-player seem far behind it, especially considering its fall of the prior week. In just a seven-day timespan, MANC fell from $5.77 to a present price of $2.14, indicating a drop of over 63%. The hype around the cryptocurrency also seems to be dissipating, with its volume down to $2 million, compared to $9 million, at the start of the week.

    Tellor

    Tellor (TRB) was another unfortunate name among the biggest crypto-losers of the week, having fallen from $35.60 to $16.96, amounting to a loss of almost 53%. One interesting observation about TRB’s performance in the last week has shown that the daily volume surge it has brought on has only accelerated its downfall. In its hardest plummet, earlier in the week, from $35.60 to $21.44, its daily volume saw an explosion from $27 million to a staggering $216 million.