- Pendle, Lido DAO, and Ethereum Name Service were last week’s biggest winners.
- zkSync, dogwifhat and Notcoin were the biggest losers of the week.
Pendle [PENDLE] saw the market turn in its direction as it emerged as the biggest winner in a turbulent week for cryptocurrencies.
Meanwhile, zkSync experienced a challenging debut and quickly felt the impact of market forces in what could be described as its “baptism of fire.”
Biggest winners
Earring [PENDLE]
PENDLE started the week positively, although its progress was not entirely smooth. It opened at about $5.6 and closed the week around $6.0.
Data from CoinMarketCap indicates that PENDLE gained 15.48% over the past week, positioning it as the week’s top gainer.
AMBCrypto analysis revealed that Pendle’s price fluctuated throughout the week, falling to $4.8 and peaking at $6.2.
At the time of writing, it was trading at approximately $6.1, showing a modest increase from its closing price last week.
Its market capitalization was around $947 million, with a trading volume of about $57 million. It should be noted that its volume has decreased by 26% in the last 24 hours.
Lido DAO [LDO]
AMBCrypto’s look indicates that Lido DAO [LDO]In one time frame, Daily revealed that it started the week with a 3.81% increase, raising its price from approximately $2 to $2.15.
It then saw a significant drop of over 7% on June 17, bringing its price down to around $1.9. However, subsequent increases of around 10% and 6.5% helped it recover, pushing its price above $2 to around $2.3.
The chart indicated that LDO ended the week down 4.9%. However, it managed to keep its price above $2, trading at around $2.1.
Despite experiencing significant losses during the week, LDO finished as the second-highest gainer according to data from CoinMarketCap which recorded a gain of 7.86% during the week.
Source: TradingView
Lido DAO’s Relative Strength Index (RSI) indicated that it remains in an uptrend despite its recent declines. At the time of writing, the RSI was above the neutral line, resting on it.
This suggests that while Lido DAO is still in an uptrend, the trend is relatively weak.
In the last update, Lido DAO’s market capitalization stood at approximately $1.9 billion, having seen a decline in the last 24 hours.
Furthermore, its trading volume in the last 24 hours was around $106 million, which also saw a decline of about 24%.
Ethereum Naming Service [ENS]
Ethereum Naming Service [ENS] It started the week with a price of about $24.3, starting on a positive note with an initial gain. However, it soon faced a major setback, falling to around $22.7 the next day.
Despite this, ENS saw significant increases after that, and on June 21 it was trading at around $26.8.
Despite facing a major drop towards the end of the week, with its price falling to around $25, ENS managed to close the week with a 7.7% gain.
This performance made it the third biggest gainer of the week, according to data from CoinMarketCap.
As of the last update, the market capitalization of Ethereum Name Service (ENS) was approximately $788 million and its trading volume was around $79 million.
In the last 24 hours, the market capitalization had decreased by more than 2% and the trading volume had decreased significantly by more than 40%.
The biggest losers
zkSync [ZK]
During its debut week, zkSync [ZK] emerged as the biggest loser, according to data from CoinMarketCap. The data indicated that it started the week at around $0.27, but saw rapid declines throughout the week.
Market forces did not give the expected favorable reception. By the end of the week, its price had fallen to approximately $0.18.
According to data from CoinMarketCap, ZK concluded the week with a significant drop of more than 37%.
In the last update, its market capitalization stood at approximately $673 million, having increased by more than 2% in the last 24 hours.
Its trading volume was around $181 million, which had decreased by more than 38% in the last 24 hours.
dog hat [WIF]
The Dogwifhat AMBCrypto Exam [WIF] revealed that it started the week up more than 7%, trading at approximately $2.6.
However, this increase was nothing more than a brief interruption in the downward trend that it had been experiencing since the previous week.
After the initial rise on June 16, it faced consecutive declines. At the end of the week, Dogwifhat was trading at around $1.74.
According to data from CoinMarketCap, the memecoin was the second biggest loser of the week, experiencing a drop of more than 28%.
Its Relative Strength Index (RSI) indicated that it was entrenched in a strong downtrend.
Source: TradingView
The RSI barely surpassed 30, highlighting the intensity of the bearish momentum and indicating that it was very close to entering the oversold zone.
According to the latest data, the market capitalization of memecoin stood at approximately $1.7 billion.
Its trading volume was around $240 million, which had decreased significantly, showing a drop of more than 40% in the last 24 hours.
Nocoin [NOT]
According to data from CoinMarketCap, Nocoin [NOT] was the third biggest loser of the week, seeing a drop of more than 25% over the past week.
Analysis of NOT by AMBCrypto indicated that it started the week with a price of around $0.02, but started to decline from the beginning. By the end of the week, its price had fallen to approximately $0.015.
At the time of publication, its market capitalization was $1.5 billion, having risen more than 3%. However, its trading volume, which was around $321 million, has decreased by more than 30% in the last 24 hours.
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: Solana’s BONK vs. Base’s BRETT – What’s happening? a breakdown
This is an automatic translation of our English version.
