Top Cryptocurrency Gainers & Losers Of The Week

As the crypto market has no signs of settling into a bullish zone for now, the investors have made peace with it. However, as the month is ending, the curiosity is also high as to what the next month will be for the cryptocurrency market. Before the month ends, look at the list of the week’s top cryptocurrency gainers and losers. 

Top Crypto Gainers Of The Week

In the list of cryptocurrency gainers, meme coins have dominated the others by surging the highest. Out of the top 5 gainers, three spots are occupied with the meme coins. On that note, let us look at the top crypto gainers of the week. 

1. Bonk (BONK)

After wandering around with a below-average value, BONK has surprised its investors with high gains this week. The token has become the top cryptocurrency gainer of the week and has surged more than 58% this week. Its price has lifted from a low of $0.00001507 to a high of $0.00002922. 

At the time of writing, BONK price is $0.00002368, with a market cap of $1,543,024,826 and a trading volume of $420,537,051. 

2. Pepe (PEPE)

After days of a slow pace, PEPE has succeeded in a quick recovery with its 37.25% surge within a week. The meme coin lifted its value from a low of $0.000005192 to the week’s high of $0.000008081. At the time of writing, PEPE price is trading at $0.000007121 with a market cap of $2,995,621,883 and a trading volume of $762,324,339. 

3. Hedera (HBAR)

Earlier this week, Hedera prices surged by 100%, pushing the value to a year high of $0.1803 on 24th April. Since then, the price has faced a slight decline. However, it did maintain a surge of 32% with a value of $0.1076.

HBAR was among a few cryptocurrencies whose price didn’t get affected much during March’s bullish rally. However, the token has surged higher than any other during this crypto fall. It has a market cap of $3,837,385,703 with a trading volume of $244,976,281. 

Top Crypto Losers Of The Week

As the market faced a bearish attack, all the cryptocurrencies suffered with price falls and volatility issues. The list of top cryptocurrency losers is long, but Ethena, Ronin, and Toncoin faced the maximum losses.

1. Ethena (ENA)

After weeks of surging, Ethena has faced a downturn where its price has decreased 21% in a week. The token price dropped from the week’s high of $1.1177 to the low of $0.7832, leading to being the top cryptocurrency loser of the week. At the time of writing, the Ethena is at $8.08, with a market cap of $1,150,946,727 and a trading volume of $330,014,516. 

2. Ronin (RON)

Ronin’s price has continuously declined for days, and its value has dropped 37.23% in a month. The token surged to its all-time high of $4.50 barely a month ago and entered the decline zone, just 15 days ago. At the time of writing, the token is currently at $2.73 after a 14.7% drop in a week and an 8% drop in just a day. Ronin has a market cap of $863,582,261 and a 24-hour trading value of $31,370,007.

3. Toncoin (TON)

After showcasing a good rally this month, Toncoin has again entered a fear zone as the token price has dropped 15.60% in a week. TON’s price has drifted 32% from its all-time high and is $5.20. 

Despite the fall, the token is still among the top 10 cryptocurrencies on the CoinmarketCap. It has a market capitalization of $18,087,580,049 with a trading volume of $184,186,317. 

Conclusion

It was the first week after the Bitcoin halving event, and no immediate bullish activities happened at this time. BONK, PEPE, and Hedera emerged as the top cryptocurrency gainers of the week, whereas the Ethena, Ronin, and Toncoin. Also, a new month is about to begin, which carries the burden of market recovery after this month’s loss. 

Read More Bitcoin Price is Poised for a Prolonged Bull Market: Here is Why