- Fantom, Chainlink, and Bonk had been the most important winners of the week.
- Worldcoin, dogwifhat, and Etherna had the most important losses of the week.
Bonk [BONK] remained one of many prime gainers for one more week, whereas Chainlink [LINK] made a comeback after being absent for a very long time.
In distinction, Worldcoin [WLD] had a poor week, touchdown it among the many largest losers, and dogwifhat didn’t carry out properly sufficient to be among the many gainers.
Greatest winners
Fantom [FTM]
An evaluation of Fantom [FTM] confirmed that it began the week low however ended excessive. On the twelfth of Might, it was priced at round $0.70. It then declined over the following few days, reaching a low of about $0.64.
Nonetheless, beginning on the fifteenth of Might, the value started to rise and returned to the $0.70 vary by the top of the day. By the top of the week, its worth had climbed to round $0.89.
Based on information from CoinMarketCap, Fantom’s worth elevated by almost 26% over the past seven days, making it the very best gainer.
On the time of this writing, it was buying and selling at round $0.89, with a market cap exceeding $2.5 billion, up by over 6%.
Chainlink [LINK]
AMBCrypto’s evaluation of Chainlink [LINK] on a every day time-frame chart confirmed that it started the week with an virtually 2% enhance, reaching round $13.50. Nonetheless, it declined over the following two days to about $12.90.
Then, consecutive important bounces—a 6.8% enhance adopted by an virtually 12% rise—pushed its worth to round $15.50. By the top of the week, it was buying and selling at roughly $16.30.
Supply: TradingView
Based on CoinMarketCap, Chainlink was the second-biggest winner over the previous seven days, with an virtually 23% enhance.
The Relative Power Index (RSI) indicated a robust bull pattern, with an RSI of round 65.
On the time of this writing, Chainlink was buying and selling at roughly $16.70, reflecting an over 2% enhance, and its market cap was round $9.7 billion.
Bonk [BONK]
Bonk [BONK] was the third-biggest gainer of the week, with an approximate 21.4% enhance over the past seven days.
It was the highest-ranking memecoin gainer, marking a major enchancment from its standing as one of many prime losers the earlier week.
AMBCrypto’s take a look at BONK confirmed that it began the week at round $0.000022, dropped to a low of $0.000021 on the thirteenth of Might, however then skilled consecutive uptrends.
By the top of the week, it had risen to about $0.000026.
BONK had additional elevated to round $0.000028 on the time of this writing. Its market cap was roughly $1.7 billion, having grown by over 12% within the final 24 hours.
Moreover, its buying and selling quantity exceeded $500 million, growing over 150% within the final 24 hours.
Greatest losers
Worldcoin [WLD]
Worldcoin [WLD] sometimes sees a optimistic transfer following bulletins from OpenAI, however the current announcement didn’t have the identical impact.
WLD ended up because the week’s largest loser, with a decline of over 16%. The every day time-frame chart confirmed that it started the week with an virtually 3% enhance, reaching round $5.90.
Supply: TradingView
Nonetheless, it declined by over 5.2% on the thirteenth of Might and dropped one other 15.28% on the 14th of Might, bringing its worth right down to about $4.70. Over the following few days, it struggled to reclaim the $5 area.
On the time of this writing, it was buying and selling at roughly $4.90. The Relative Power Index (RSI) indicated a bear pattern, being under impartial.
WLD’s market cap was round $1 billion at press time, having declined by virtually 1%.
dogwifhat [WIF]
dogwifhat [WIF] was the second-biggest loser of the week, with a decline of over 13%, in line with CoinMarketCap.
The value evaluation confirmed that it began the week at round $2.90 and rose to about $3.20 on the thirteenth of Might. Nonetheless, it couldn’t preserve optimistic momentum and declined to $2.50 by the top of the week.
On the time of this writing, it was buying and selling at round $2.60. Its market cap was roughly $2.6 billion, declining over 6% within the final 24 hours.
Ethena [ENA]
Evaluation of the Ethena [ENA] worth chart confirmed constant declines all through the week. Though there have been occasional uptrends, consecutive declines erased any features made.
The chart indicated that ENA began the week at round $0.80 however fell to roughly $0.75 by the top of the week. On the time of this writing, it had additional declined to about $0.73.
Based on CoinMarketCap, ENA’s worth decreased by over 13.5% within the final seven days. Its market cap was round $1.1 billion on the time of this writing.
Conclusion
Right here’s the weekly recap of the most important gainers and losers. It’s essential to keep in mind the unstable nature of the market, the place costs can shift quickly.
Thus, doing your personal analysis (DYOR) earlier than making any funding choices is finest.
