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Cryptocurrency News Articles
ApeCoin [APE] Takes the Crown as the Week's Biggest Winner, While Popcat [POPCAT] Leads the List of Top Losers
Oct 21, 2024 at 03:00 am
The past 24 hours have been eventful for ApeCoin [APE], which claimed the top spot as the week’s biggest winner.
ApeCoin [APE] enjoyed a stellar week, emerging as the biggest gainer among the top crypto assets.
Its price surged by nearly 68% in the last seven days, and at press time, APE was valued at $1.17. This impressive gain comes despite a token unlock in the past week.
The past 24 hours were particularly fruitful for ApeCoin, as its price soared by over 60%, making it the week’s biggest gainer, according to CoinMarketCap.
At the start of the week, APE was trading around $0.72, with minimal movement. However, by the final trading session, APE had taken off, rising from $0.73 to over $0.80.
This surge was evident in its price chart, which showed a steep ascent throughout the week.
Relative Strength Index (RSI) indicated an overbought condition.
Interestingly, ApeCoin experienced a token unlock in the past week, which didn’t hinder its performance. Its volume soared by over 2,500% in the last 24 hours, with trading volume surpassing $856 million.
At press time, it was valued at $1.17, a level it hadn’t reached in over three months. Its market capitalization stood at $917 million.
Dogecoin [DOGE]
Dogecoin takes the spot as the second-highest gainer of the week. Despite starting the week with a slight dip, where it was trading around $0.11, DOGE saw continuous uptrends throughout the week, reaching a peak of $0.14.
However, as press time, DOGE saw a slight pullback, where it was trading with a 1% decline at $0.14. Its market capitalization stood at $20.7 billion, down by 2% in the last 24 hours, while its volume dropped by 29%, now at $1.5 billion.
cat in a dogs world [MEW]
Another memecoin, cat in a dogs world [MEW], secured the position as the third-highest gainer of the week, with an almost 25% gain.
MEW started the week at around $0.006 and gradually climbed to $0.008 by week’s end, hitting a high of $0.009 before settling.
Its trading volume declined by over 51%, at $72 million at press time, while its market capitalization hovered at $761 million.
Top 500 Gainers
Among the top 500 crypto assets, Goatseus Maximus [GOAT] led the charge with a 310% increase over the past week. MATH [MATH] followed with an impressive 180% gain, while Virtual Protocol [VIRTUAL] rounded out the top three with a 151% rise.
Biggest Losers
Popcat [POPCAT]
Popcat [POPCAT] was the biggest loser of the week. It started the week at around $1.30, experiencing a 6.8% decline.
While POPCAT did witness some gains during the week, they were outweighed by more significant losses, resulting in an 8% decline by the end of the week, closing at $1.20.
Despite the drop, POPCAT remained above its 50-day and 200-day moving averages, maintaining a bullish trend according to its RSI.
CoinMarketCap data shows that POPCAT dropped by nearly 16% over the week. Its market capitalization currently stands at $1.2 billion, with an 8% decline in trading volume, now at $85 million.
Bittensor [TAO]
Bittensor [TAO] is the second-biggest loser of the week, recording a 14% drop. TAO began the week trading at $658.7 but faced significant losses, ending the week at $557.
TAO’s market capitalization stands at $4.1 billion, down by 1% in the past 24 hours, while its trading volume is around $92 million, representing a 16% drop.
Maker [MKR]
Rounding out the top three biggest losers is Maker [MKR], which saw an almost 11% decline. MKR started the week at $1,354 but dropped to $1,214 by week’s end.
In the last 24 hours, Maker’s trading volume declined by 18%, sitting at $52 million. Its market capitalization remains above $1 billion.
Top 500 Losers
Within the top 500 assets, Moodeng [MOODENG] was the biggest loser,
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