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Cryptocurrency News Articles

NEIRO Emerges as the Biggest Gainer in a Week of Market Volatility

Oct 14, 2024 at 03:00 am

The past week saw significant volatility in the crypto market, with some tokens recording impressive gains while others suffered sharp losses.

NEIRO Emerges as the Biggest Gainer in a Week of Market Volatility

First Neiro On Ethereum [NEIRO] emerged as the biggest gainer among the largest 100 cryptocurrencies, starting the week at $0.00096 and ending at $0.002.

According to CoinMarketCap, NEIRO gained over 112% in the past seven days, pushing its market capitalization to nearly $840 million and ranking it 76th among cryptocurrencies by market cap.

However, NEIRO’s trading volume decreased by around 30% in the last 24 hours, currently sitting at $583 million.

Among the top 500 cryptocurrencies, SPX 6900 [SPX] was the top gainer, with a staggering 308% increase, trading at $0.89 at press time.

Apu Apustaja [APU] followed with a 144% gain, trading at $0.00096. Another notable gainer was the creatively named HarryPotterObamaSonic10Inu, which saw a 119% increase and was now trading at $0.3.

On the other hand, FTX Token [FTT] emerged as the biggest loser of the week, continuing to suffer from the fallout of the collapsed exchange FTX.

FTX Token saw a significant decline of over 20% during the week. Starting at $2.528, it ended the week trading at $2.05. The token is currently part of bankruptcy proceedings, and its future remains uncertain.

Despite its loss, traders remain active, with 26.24 million in trading volume. This represented a 26% decline in volume over the past 24 hours. FTT’s market capitalization was $678 million at press time.

Among the top 500 cryptocurrencies, PepeCoin [PEPECOIN] suffered the most, with a loss of nearly 35%, trading at $2.02. LCX [LCX] was the second-largest loser, with a 27% decline, bringing its price to $0.133.

Civic [CVC] was the third-largest loser, seeing a 26% drop and trading at $0.15.

News source:ambcrypto.com

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