Here is how some of your favorite assets concluded the week.
- Helium, dogwifhat, and Pepe had the biggest gains in the week. Sui, Core, and Pyth Network were the biggest losers for the week.
During the past week, Helium [HNT] managed to pump its price to the top of the biggest weekly winners’ list. Pepe [PEPE] remained featured for another consecutive week, while Sui Network [SUI] experienced a poor run, placing it at the top of the biggest losers’ list.
Biggest winners
Helium
On the 28th of April, HNT commenced trading at approximately $4.62. By the day’s end, it surged to $5.15, marking the beginning of a positive week.
Subsequent analysis of its price trajectory revealed a continued uptrend the following day, peaking at around $6 on the 29th of April. By the week’s end, it settled at roughly $5.59.
CoinMarketCap rankings indicated an impressive gain of nearly 21% throughout the week, securing its position as the top performer.
At the time of this writing, it was trading at approximately $5.48, boasting a market cap of over $881.6 million.
Recent data showed a 2% increase in its market cap over the past 24 hours, coupled with an 18% surge in trading volume, which stood at $20.2 million at press time.
dogwifhat
dogwifhat [WIF] had a good stroll in the park. According to CoinMarketCap, dogwifhat secured the second-highest gain of the week, boasting an impressive 20.74% increase.
Analysis of WIF’s movement indicated that it commenced the week trading at around $2.6. However, over the subsequent two days, its value experienced a decline, plummeting to as low as $2.2.
Fortunately, on the 1st of May, it began a positive trend, ultimately concluding the week trading at approximately $3.4.
At the time of this writing, it remained around the $3.4 price range. The data also revealed its market cap was over $3.4 billion, reflecting an almost 4% increase in the last 24 hours alone.
Its trading volume was over $500 million.
Pepe
PEPE continued its winning streak, securing a spot among the top weekly gainers for yet another week, much to the delight of its holders.
AMBCrypto’s analysis of its daily timeframe chart revealed a single decline during the past week, offset by consecutive uptrends that more than compensated for the setback.
Starting the week at approximately $0.0000072 with a marginal increase of less than 1%, Pepe experienced a notable dip of over 9% on the 30th of April.
However, beginning on the 1st of May and continuing through the remainder of the week, it embarked on a series of upward movements, driving its price to approximately $0.0000086.
This propelled Pepe to become the third-highest weekly gainer, boasting an impressive increase of over 15%.
Source: TradingView
At the time of this writing, PEPE was trading with a slight decline of over 2%. According to CoinMarketCap, its market cap was over $3.5 billion, representing a decrease of over 2%.
Additionally, its trading volume experienced a decline of over 26% in the last 24 hours, currently standing at approximately $917 million.
Biggest losers
Sui
SUI has been enduring a prolonged period of poor performance, culminating in its position at the top of the biggest loser rankings for the past week.
AMBCrypto’s look at its price trend indicates a downtrend that began on the 23rd of April, with occasional upticks failing to reverse the overall negative trajectory.
AMBCrypto’s examination of the chart reveals that Sui commenced the week on the 28th of April at approximately $1.20, registering a marginal increase of less than 1%.
However, by the week’s end, its price had plummeted to around $1.00, marking a decline of 1.89%. According to CoinMarketCap, this decline amounted to a staggering 15.37% loss in value.
Source: TradingView
Further examination of the chart revealed that its price trend has dipped below its long moving average (blue line), underscoring the extent of its poor performance.
At the time of its writing, it was trading at around the $1 price range, experiencing a decline of approximately 2.8%.
Its market cap was around $2.4 billion, representing a decline of over 3% at the time of writing. Its trading volume has decreased by over 25% as well.
Core
According to data from CoinMarketCap, Core [CORE] ranked as the second-highest loser for the past week. Analysis of its price trend indicated that it began the week at approximately $2.30 on the 28th of April.
However, by the end of the day, it had dropped to $2.10, initiating a continued decline throughout the week.
By the 4th of May, its price had further decreased to $2.00, resulting in a loss of 13.38% over the week. At the time of this writing, its decline continued, with it trading at around $1.90.
Its market capitalization stood at over $1.7 billion, reflecting a decline of over 4% at the time of this writing.
Pyth Network
Pyth Network [PYTH] commenced the previous week at around $0.59 but experienced a decline to around $0.58 by the week’s end.
This downward trend persisted, resulting in a price of around $0.53 by the week’s close. This decline equated to a loss of 12.10% of its value, positioning it as the third-largest loser, as per CoinMarketCap.
At the time of this writing, it was trading at around $0.52, marking a downtrend at the beginning of the new week.
Its market cap experienced a decline of over 2% in the last 24 hours, standing at over $784 million. Similarly, its volume decreased by over 19% and was almost $52 million.
Conclusion
Here’s the weekly recap of the biggest gainers and losers. It’s crucial to bear in mind the volatile nature of the market, where prices can shift rapidly.
Thus, it is best to do your own research (DYOR) before making any investment decisions.
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