First of all, Neiro, Mogcoin, and Sui are the biggest winners this week. FTX, Kaspa, and Wormhole posted the biggest losses this week.
Last week saw significant volatility in the cryptocurrency market, with some tokens posting impressive gains while others suffered significant losses.
Among the best-performing cryptocurrencies, First Neiro On Ethereum (NEIRO) emerged as the biggest gainer with an increase of over 100%.
Meanwhile, FTX token (FTT) and Kaspa (KAS) experienced notable declines and led the losers.
biggest gainer
First color on Ethereum (NEIRO)
First Neiro On Ethereum (NEIRO) had a great week, becoming the top gainer among the largest 100 cryptocurrencies. Starting the week at $0.00096, NEIRO saw a significant increase in price, ending the week at $0.002.
According to CoinMarketCap, NEIRO has risen more than 112% in the past seven days, increasing its market capitalization to nearly $840 million, ranking it 76th among cryptocurrencies by market capitalization.
However, NEIRO’s trading volume has fallen by about 30% in the past 24 hours and currently stands at $583 million.
Mogcoin (MOG)
Mogcoin (MOG) has secured its spot as the second-best rising stock this week. Memecoin is up 33% in the past 7 days.
The trading price started at $0.0000014 and fluctuated throughout the week, dropping to $0.0000013 but recovering to $0.00000186 by the end of the 7-day period.
Although volume decreased by 5%, Mogcoin’s market capitalization increased by more than 3% to approximately $734 million, with trading volume of approximately $25.8 million.
Sui (SUI)
Sui (SUI) was also talked about as one of the top performers.
The token has increased by 29% over the past week. This is especially noteworthy considering that a token unlock event was held on October 1st, where 64.19 million SUI tokens worth approximately $114.27 million were released.
Source: TradingView
Sui started the week at $1.87 and steadily rose to $2, but then fell over the next few days.
However, last week ended on a strong note, with prices up 12% and 9% over the past two days, taking the price to an all-time high of $2.24.
The token was in a strong bullish trend at the time of writing, as indicated by its Relative Strength Index (RSI) of 72, indicating it was overbought.
Sui’s market capitalization increased by 10% to $6.15 billion, and trading volume increased by 18% to $1.1 billion.
Top 500 price gainers
In the broader cryptocurrency market, SPX 6900 (SPX) was the biggest gainer among the top 500 cryptocurrencies, up an impressive 308% and was trading at $0.89 at press time.
This was followed by Apu Apstaya (APU), which rose 144% to trade at $0.00096. Another notable gainer was the creatively named HarryPotterObamaSonic10Inu, which rose 119% and is currently trading at $0.3.
the biggest loser
FTX Token (FTT)
The biggest loser this week is FTX Token (FTT), which continues to suffer from the fallout from failed exchange FTX.
The FTX token has experienced a significant drop of over 20% this week. It started the week at $2.528 and ended the week at $2.05. The token is currently undergoing bankruptcy proceedings and its future remains uncertain.
Despite the losses, traders remained active, with a trading volume of 26.24 million. This means that trading volume has decreased by 26% in the past 24 hours. At the time of writing, FTT’s market capitalization was $678 million.
Kaspa (KAS)
Kaspa (KAS) also had a tough week, with its price dropping from $0.14 to $0.13, a 9% decline.
As of this writing, Kaspa has a market capitalization of approximately $3.3 billion and trading volume of approximately $36 million.
Wormhole (W)
Wormhole (W) completes the list of Biggest Losers. W started the week at $0.34, a small gain of 0.5%, but experienced significant declines throughout the week.
By the end of the week, Wormhole was trading at $0.32, representing an 8% loss.
Source: TradingView
Wormhole’s market capitalization was $815 million and trading volume was $57 million.
top 500 losers
Among the top 500 cryptocurrencies, PEPECOIN was the hardest hit, dropping nearly 35% to trade at $2.02. The second biggest decliner was LCX (LCX), which fell 27% to $0.133.
Civic (CVC) was the third biggest loser, down 26% to trade at $0.15.
conclusion
Here’s a weekly summary of the biggest gainers and losers. It is important to keep in mind the volatile nature of the cryptocurrency market, where prices can fluctuate rapidly.
Therefore, it is best to do your own research (DYOR) before making any investment decisions.
Next: Ethereum struggles as investors move to SOL and BTC – will 2025 bring relief?
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