Weekly winners and losers of the crypto market – LDO, ENS, WIF, NOT

  • Pendle, Lido DAO, and Ethereum Name Service were the biggest winners last week.
  • zkSync, dogwifhat, and Notcoin were the biggest losers this week.

Pendle [PENDLE] The market saw a tilt in its direction as it emerged as the top gainer in a turbulent week for cryptocurrencies.

Meanwhile, zkSync experienced a challenging start, quickly feeling the effects of market forces in what could be described as a “baptism of fire.”

The biggest winners

Pendle [PENDLE]

PENDLE started the week on a positive note, although its progress was not entirely smooth. It opened at around $5.6 and ended the week around $6.0.

data from coinmarketcap Indicates that PENDLE increased by 15.48% last week, making it the top gainer of the week.

Analysis by AMBcrypto showed that the Pendle price fluctuated throughout the week, falling to as low as $4.8 and reaching a high of $6.2.

At the time of writing, it was trading at around $6.1, marking a slight increase from last week’s close price.

Its market capitalization was around $947 million, while its trading volume was around $57 million. It is worth noting that its volume has fallen by 26% in the last 24 hours.

Read the DAO [LDO]

AMBCrypto Keeps an Eye on Lido DAO [LDO] Analysis conducted on the daily timeframe showed that the coin started the week with a gain of 3.81%, taking its price from around $2 to $2.15.

It then declined by more than 7% on June 17, bringing its price down to around $1.9. However, subsequent rises of around 10% and 6.5% helped it recover, taking its price from $2 to around $2.3.

The chart shows that LDO ended the week down by 4.9%. Still, it managed to keep its price above $2, and was trading at around $2.1.

Despite experiencing significant losses during the week, LDO ended as the second-largest gainer, according to the data. coinmarketcapWhich registered a growth of 7.86% during the week.

Lido DAO price trend

Source: Tradingview

The Relative Strength Index (RSI) of Lido DAO indicated that it remained in a bullish trend despite the recent drop. At the time of this writing, the RSI was above the neutral line, holding on to it.

This shows that although Lido DAO is still in a bullish trend, the trend is relatively weak.

As per the latest update, the market capitalization of Lido DAO was around $1.9 billion, which has seen a decline in the last 24 hours.

Additionally, its trading volume over the last 24 hours was around $106 million, which also saw a decrease of almost 24%.

Ethereum Name Service [ENS]

Ethereum Name Service [ENS] It started the week on a positive note with an initial gain, with a price of around $24.3. However, it soon suffered a major setback, dropping to around $22.7 the next day.

Despite this, ENS rose significantly after that and by June 21, it was trading at around $26.8.

Despite facing a major drop towards the end of the week when its price dropped to around $25, ENS still managed to close the week with a 7.7% gain.

This performance made it the third-biggest gainer of the week, according to the data. coinmarketcap,

As per the latest update, the market capitalization of the Ethereum Name Service (ENS) was around $788 million, and its trading volume was around $79 million.

Over the last 24 hours, the market capitalization has dropped by more than 2%, and trading volume has decreased significantly by more than 40%.

The biggest loser

zksync [ZK]

During its first week, zkSync [ZK] According to data from CoinMarketCap, it was the biggest loser. The data showed that it started the week at around $0.27, but saw a sharp decline throughout the week.

Market forces did not give it the favorable reception expected. By the end of the week, its price had dropped to around $0.18.

According to the data coinmarketcapZK finished the week with a significant decline of over 37%.

As per the latest update, its market capitalization was around $673 million, up by more than 2% in the last 24 hours.

Its trading volume stood at around $181 million, which decreased by more than 38% in the last 24 hours.

DogWifeht [WIF]

Dogwifehat investigation by AMBCrypto [WIF] It turned out that it started the week trading at around $2.6, up by more than 7%.

However, this rise was just a brief pause in the downward trend that had been continuing since last week.

After an initial gain on June 16, it faced a steady decline. By the end of the week, DogWifeHat was trading at around $1.74.

According to the data coinmarketcapThe memecoin was the second-biggest loser of the week, seeing a decline of over 28%.

Its relative strength index (RSI) was indicating that it was trapped in a strong bearish trend.

dogwifhat price trend

Source: Tradingview

The RSI was barely above 30, which reflected bearish intensity and indicated that it was very close to entering the oversold region.

According to the latest data, the market capitalization of the memecoin was around $1.7 billion.

Its trading volume was around $240 million, with a decline of more than 40% in the last 24 hours.

Notcoin [NOT]

According to data from CoinMarketCap, Notcoin [NOT] Was Third biggest loss It saw a decline of over 25% compared to the previous week.

AMBCrypto’s analysis of NOT showed that its price was around $0.02 at the start of the week, but it started declining from the very beginning. By the end of the week, its price had fallen to around $0.015.

At press time, its market capitalization was $1.5 billion, up by more than 3%. However, its trading volume, which was around $321 million, has dropped by more than 30% in the last 24 hours.

conclusion

Here is a weekly summary of the top gainers and top losers. It is important to keep in mind the volatile nature of the market, where prices can change quickly.

Hence, it is best to do your own research (DYOR) before making any investment decisions.

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Disclaimer : The content in this article is for educational and informational purposes only.

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