Starknet, Helium, and Sui Emerge as the Biggest Winners in the Past Week, While DOGS, Cosmos, and Beam Suffer Losses
- WBOYOriginal
- 2024-09-09 06:18:13831browse
DOGS came out blazing, well, almost, as it ended up being one of the crypto market's biggest losers in the past week. Helium led the gainers' chart in the week before now, and this past week, it came second, making sure to remain among the biggest winners.
Starknet (STRK), Helium (HNT), and Sui (SUI) emerged as the top three gainers in the cryptocurrency market over the past week, posting impressive gains despite the broader market experiencing slight losses.
On the other hand, Dogs (DOGS), Cosmos (ATOM), and Beam (BEAM) encountered significant price declines, becoming the biggest losers of the week.
According to data from CoinMarketCap, STRK, HNT, and SUI experienced gains of 23%, 16.6%, and 16%, respectively.
These gains were driven by a combination of factors, including strong trading activity, positive news, and technical analysis indicating bullish momentum.
Among the gainers, Starknet’s trading volume initially surged to over $120 million and later exceeded $160 million during the week. However, as of Saturday, the volume has slightly declined to around $119 million, reflecting an 11% decrease.
Meanwhile, the market capitalization of Starknet currently stands at over $776 million.
Helium also continued its strong performance for the second consecutive week, appearing among the biggest winners in the cryptocurrency market.
In the previous week, HNT was the top gainer, increasing by over 5%. This past week, it encountered some resistance around $8.2, but buying pressure remained strong, pushing the price to a high of $8.6 on 6th September.
At the start of the week, Helium was trading around $7. It saw some upward movement, but its price significantly increased momentum around 4th September.
By 6th September, HNT reached a high of $8.6. By the end of the week, it was trading at around $8. As of Saturday, HNT is still trading at around $8, with a market capitalization of approximately $1.2 billion.
However, its trading volume has declined by over 50% in the last 24 hours, currently at around $16.3 million.
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