This Week's Biggest Gainers and Losers: Bittensor (TAO) Emerged as the Biggest Gainer

Bitcoin showed an interesting trend in the past week, but Bittensor (TAO) emerged as the biggest gainer. While top crypto winners recorded double-digit gains

Bitcoin showed an interesting price trend in the past week, but Bittensor (TAO) emerged as the biggest gainer among the top 100 cryptocurrencies. While the top crypto gainers recorded double-digit gains, the top losers, led by KuCoin, experienced single-digit losses.

Biggest Gainers of the Week

Bittensor [TAO]

Bittensor [TAO] had a volatile start to the week, beginning with consecutive declines of over 7% and 4%, which dropped its price to around $288.3.

However, TAO rebounded with consecutive uptrends, closing the week trading near $470 and posting a weekly gain of over 15%.

Source: TradingView

According to CoinMarketCap, TAO was the week’s biggest gainer among the top 100, with a 40.5% increase. Its market capitalization stood at over $3.4 billion, with a trading volume of over $188 million, up by more than 30% in the last 24 hours.

The Relative Strength Index (RSI) remains overbought, signaling continued bullish momentum.

Fantom [FTM]

Another top gainer, Fantom (FTM), started the week at around $0.48 and climbed to approximately $0.67 by the week's end.

According to CoinMarketCap, FTM was the second-biggest gainer, with an almost 37% increase. Its market capitalization is over $1.8 billion, though its volume has declined by over 8%, currently around $197 million.

Sui [SUI]

Sui [SUI] also performed well, ranking as the third-biggest gainer, with a nearly 34% increase over the past week. SUI started the week at around $1 and rose to approximately $1.4.

Its market capitalization is around $3.8 billion, though it has slightly declined over 2%. Trading volume has dropped significantly by over 50%, at $395 million as of this writing.

Biggest Losers of the Week

KuCoin Token [KCS]

As the biggest loser among the top 100, KuCoin Token (KCS) saw a decline of almost 7%, according to CoinMarketCap.

KCS began the week trading near $8.2 and dropped steadily to around $7.4 by the week’s end. Its market capitalization is over $896 million, with a slight increase of over 1%, and trading volume at around $771,626, up by over 8%.

Kaspa [KAS]

The second-biggest loser, Kaspa (KAS), began the week at around $0.177 and dropped to about $0.170 by the week's close, losing over 5.6% of its value.

Its market capitalization is approximately $4.1 billion, with a 1% decline, while its trading volume has decreased by over 40%, currently around $24.2 million.

Internet Computer [ICP]

Internet Computer (ICP) experienced three consecutive days of declines at the start of the week, with its price dipping to around $7.9. Despite some positive days, ICP ended the week trading at about $8.5, marking an overall decline of over 5%.

Source: TradingView

Despite this, ICP’s trend remains mildly bullish, with its RSI still above the neutral line. Its market capitalization is around $3.9 billion, down by 1%, and its trading volume has fallen by over 30% to about $58.8 million.

Conclusion

This concludes our weekly overview of the biggest gainers and losers in the crypto market. It's important to note that the cryptocurrency market is highly volatile and prices can change rapidly.

Thus, it's always best to do your own research (DYOR) before making any investment decisions.

以上是This Week's Biggest Gainers and Losers: Bittensor (TAO) Emerged as the Biggest Gainer的详细内容。更多信息请关注PHP中文网其他相关文章！