- Bonk, Pepe and Hedera made the biggest gains last week.
- Ethena, Nervos Network and Ronin were the biggest losers of the week.
At the top of the winners’ chart, two memecoins made significant gains, while an asset that saw a sharp rise due to communication failures managed to retain some gains.
In contrast, on the losers chart, a featured asset last week continued its “nervous” decline.
Biggest winners
bonk
A closer look at bonk [BONK] showed that the week did not start on a positive note. Analysis of its price movement indicates that it started the week with a decline, trading at around $0.000020.
However, it experienced a significant uptrend throughout the week, reaching a high of $0.00029 during the trading session on April 25. At the end of the week, it was trading at around $0.00025.
According to CoinMarketCap data, bonk posted the biggest gain of the week, with an impressive increase of over 28.4%.
At the time of writing, it was trading at around $0.000027 and its market capitalization had risen to over $1.7 billion. Furthermore, in the last seven days, its market capitalization has increased by more than 10%.
Pepe
Pepe [PEPE], another memecoin, saw a significant increase in value over the past week. According to CMC data, it recorded the second highest growth, with an impressive growth of over 26.5%.
AMBCrypto’s analysis of its price movement revealed a similar pattern to BONK: it started the week on a less positive note, trading at around $0.0000059.
However, it gained momentum throughout the week and by the end of the week, it was trading around $0.0000070.
Further analysis indicates that its market capitalization increased by more than 8% due to the price increase, reaching approximately $3.2 billion at the time of writing.
Pepe was trading with a further price increase at the time of writing, indicating continued positive momentum.
Hedera
Hedera [HBAR] saw the third-highest gain last week, with data showing an increase of nearly 19%.
The price increase was particularly notable, driven by confusion surrounding its connection to Blackrock during the week.
AMBCrypto analysis of the daily time chart revealed that HBAR started the week up 3%, trading at around $0.089.
However, on April 23, HBAR witnessed a notable price surge of over 73%, reaching approximately $0.15. This increase was attributed to the news regarding Blackrock tokenization.
However, its price saw a rapid drop on April 24, with a decline of over 20%, bringing its price down to $0.12. By the end of the week, its price had dropped to around $0.10.
Despite this drop, he emerged as the third biggest gainer of the week. At the time of writing, HBAR was trading at around $0.10, with a slight increase.
Its market capitalization stood at over $3.8 billion, having declined over 1.7% at the time of writing.
The biggest losers
etena
AMBCrypto analysis of etena [ENA] revealed that it started the week trading at around $1.05 but unfortunately saw a drop afterwards.
According to CoinMarketCap data, it declined nearly 22% over the past week, earning it the title of biggest loser. At the end of the week, it was trading at around $0.82.
At the time of writing, ENA was trading at around $0.86, indicating an attempt to start the new week on a positive note. Furthermore, its market capitalization stood at more than $1.2 billion, increasing more than 4%.
Red Nervos
This marked the second consecutive week that Red Nervos [CKB] has appeared as one of the biggest weekly losers.
According to CoinMarketCapCKB it experienced the second highest loss of the week, with a drop of nearly 19% in its price.
AMBCrypto’s analysis of its price trend revealed that on April 21, CKB started the day at around $0.02, but by the end of the day, it had declined to around $0.019.
At the end of the week, it fell further to around $0.017.
At the time of writing, its market capitalization was approximately $784 million, and its price as of the new week was around $0.018.
ronin
AMBCrypto analysis of ronin daily time chart [RON] (RON) revealed consecutive declines over the past week, resulting in a drop of over 15% and earning it the position of the third biggest loser of the week.
AMBCrypto’s analysis of its chart showed that the week started with a drop on April 21, closing at around $3.39.
By April 26, the price had dropped again to around $2.80, reflecting a drop of more than 7%.
However, on April 27, it saw a modest increase of over 1.5%, bringing its price to around $2.84.
Unfortunately, this increase was insufficient to offset the six days of consecutive declines that had caused a decline of more than 15% in its value.
At the time of writing, the Relative Strength Index (RSI) was below 40, indicating a strong bearish trend. Furthermore, its market capitalization exceeded $919 million.
Conclusion
Here’s the weekly roundup of the biggest winners and losers. It is essential to take into account the volatile nature of the market, where prices can change quickly.
Therefore, it is best to do your own research (DYOR) before making any investment decisions.
Next: Ethereum whales dive: long-term recovery or short-term surge?
This is an automatic translation of our English version.
