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Tag: PPR

  • Cryptocurrency Winners and Losers of the Week

    Cryptocurrency Winners and Losers of the Week

    As the cryptocurrency market continues its persistent fight to make an upward breakthrough, the bulls and bears in the market continue to battle it out. This struggle between both sides apparently shows in the price movements of various cryptocurrencies. A number of significant winners emerged last week, demonstrating a price gain of significant proportions. These top weekly gainers are as follows:

    Top Weekly Gainers

    Anubi Token

    Anubi Token stood as the top winner this week, with its impressive gains of nearly 290%, in just a matter of a few days. This token has recently been floated in the market and has been met with significant hype among traders, especially since yesterday. Within just 24 hours, Anubi’s volume exploded from barely $1,500 to a staggering $1.4 million. This is the driver behind its price jump from $0.00032 to $0.00123, making it the top gainer of the week. 

    Krypton DAO

    Another name amongst crypto-winners is Krypton DAO (KRD) which performed spectacularly this week, having tripled its price from $0.30 to over $0.90 in only seven days. Throughout this time, KRD showed to be supported by high levels of volume, taking it to new highs without falling corrections. This upward momentum, however, may be approaching a close, considering its volume drop from $14 million yesterday, to only $1.3 million at present.

    Radiant Capital

    Radiant Capital (RDNT) experienced a bullish rush this week, after its announcement of shifting to the eco-friendly, Binance Chain. After a steady decline throughout the week, RDNT took off on Sunday, when the announcement came, resulting in a weekly climb from $0.014 to $0.063, in a single day, denoting a spike of 350%. In the following days, however, RDNT stabilized and is now trading at $0.049, putting its net gains for the week at 184%.

    Buffer Finance

    Buffer Finance (BFR) enjoyed a highly successful week, of a dynamic climb, which coincided with supporters pumping the cryptocurrency through both Twitter and Telegram. BFR took on a bullish rise from $0.13 to a high of $0.54 yesterday, which translated to a gain of a whopping 315%. After this high, however, BFR has fallen substantially in a price correction to $0.32, leaving its net gains at a still impressive figure of 153%, over the week.

    Lunr Token

    The recent rise of Lunr Token too has been highly impressive and is worth mentioning on this list of weekly winners. The token remained somewhat unchanged in its price for most of the week, until Saturday, when supporters on social media began pushing for a price pump. Trade volume surged from $400,000 to over $2.4 million, which took Lunr up from $0.10 to its present high of $0.28 in barely three days. This translates to a net weekly gain of 180%.

    Top Weekly Losers

    Considering that the wider crypto market as a whole is presently resting in a state of uncertainty, it comes as no surprise knowing that the week also brought in a number of losers. Several cryptocurrencies saw their prices fall quite significantly over the week. As of the time of writing this Stocks Telegraph issue, these weekly losers were as follows:

    CakeWSwap

    CakeWSwap (CAKEW) came with a dismally disappointing performance after a severe plummet earlier today. Throughout the week, CAKEW has been steadily rising from $22.60 to $34.90 until yesterday. However, after a social media vote, CakeWSwap developers made the decision to deploy Aptos for the project, which caused a disastrous reaction in the market. The cryptocurrency fell almost instantly from $34.90 to $0.24. CAKEWSWAP has shed 99% of its price during the week.

    Paper DAO

    Next, we take a look at Paper DAO (PPR) which turned heads in both directions during the week. Last week, PPR surged instantaneously from $0.046 to $0.335, amounting to a 630% price explosion. This was after a phenomenal performance in the project’s collateral markets. The week had its phases of descents and climbs. This all came to a crashing halt yesterday when PPR price collapsed from $0.28 to $0.0013, which was even below its starting point of the week. The cryptocurrency is presently trading 96% below its price of 7-days ago.

    GetKicks

    After a successful ICO, GetKicks (KICKS) began circulation in the secondary market exactly a week ago and started off with a heavy price collapse. KICKS began trading at $0.034 and stood at $0.014 by the end of the first day. Throughout the week that followed, the crypto-asset continued its persistent fall and is presently trading at $0.0074, which is almost 80% below its initial price. Volume throughout this time has steadily been persistent above the $5 million mark.

    All Sports

    All Sports (SOC) has been on a downward fall for a full month now, falling from $0.0120 to its present low of $0.0016. This week was hardly any different from its loss-inducing performance of prior weeks, as SOC continued its freefall. This morning, however, brought on one of the sharpest freefalling plummets the asset has seen in its price trajectory in an instant drop from $0.0043 to $0.0018. The net SOC loss for the week stands at over 70%.

    The Protocol

    The Protocol (THE) is a week-old cryptocurrency that has been falling severely, despite epic levels of trade volume, which presently exceed $29 million. The last seven days saw THE rise from $0.014 to as high as $0.038. The rollercoaster price trajectory of ups and downs, coupled with a large volume suggests a tug-of-war between bears and bulls regarding THE. THE is presently down 62%, from seven days ago, but its price trend shows an attempt at an upward fightback by the bulls.

  • 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.