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Tag: WCI

  • 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.

  • 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.