Safe Emerges as the Biggest Crypto Gainer, ApeCoin Loses its Mojo

At the end of the past week, Safe emerged as the biggest crypto gainer, with an almost 50% increase. ApeCoin, however, lost its mojo

In the past week, Safe [SAFE] emerged as the biggest crypto gainer, gaining almost 50%, while ApeCoin [APE] lost its mojo, dropping from the gainers’ side to the losers’ side at the end of the past week.

Biggest winners

Safe [SAFE]

Analysis of the daily time frame chart of Safe [SAFE] showed that the week started with a normal trend. However, subsequent trends in the week showed price volatility, which defined the week.

Its price at the start of the week was around $0.95 after an over 1% increase. However, the next day, it saw an over 15% spike in price, but major declines followed these spikes.

Analysis showed that the price trend that defined the week came on Thursday and Friday. On Thursday, it spiked by 42.13%, taking its price to around $1.34. The next day, it saw another spike of 10.45%, taking its price to around $1.48.

However, it ended the week with an over 1% decline, but its price only dropped to around $1.46. Also, its Relative Strength Index showed it was oversold, meaning a correction might happen soon.

According to data from CoinMarketCap, it had a 49% gain, making it the biggest gainer of the week. It had the lowest market capitalization among the top gainers, with around $658 million.

Raydium [RAY]

The second-biggest gainer was Raydium [RAY]. Analysis showed that its price was around $2.2 at the start of the week. However, by the end of the week, the price had risen by almost 3%.

With the price trend, it gained over 44% in the past week, according to data from CoinMarketCap.

Also, RAY had the second-biggest market capitalization among the top gainers, with over $843 million. Also, the price has increased to around $3.2 as of this writing, and the market capitalization has increased by over 8%.

The volume was the only thing that saw a decline of over 1% as of this writing; it was over $110 million.

Cats in a dogs world [MEW]

Cats in a dogs world and Popcat struggled for the third-biggest winner’s position, but MEW emerged on top. The data showed that MEW had an over 17% gain in the past week. Popcat could only manage over 15%. Also, this made it its second week as a top gainer.

Analysis of its chart showed it started the week slow, with its price at around $0.008. Its major uptrend came towards the end of the week when its price spiked to around $0.011.

At the end of the week, it traded at around $0.010. Its market capitalization was around $887 million, and its volume is around $167 million as of this writing. However, the volume had seen an over 40% decline in the last 24 hours.

Top 500 gainers

Among the top 500 assets, Virtual Protocol [VIRTUAL], Moo Deng [MOODENG], and Nosana [NOS] were the biggest winners. The chart showed that VIRTUAL had an over 203% gain, while MOODENG had an almost 153% gain. The third-largest gainer, NOS, had a nearly 129% gain.

Biggest losers

Immutable X [IMX]

Immutable X is taking first place from the losers’ side, which has declined over 19.5% in the past week. Its price movement showed that it was around $1.6 at the start of the week but saw significant downtrends. By the end of the week, the price was around $1.3.

Its decline has continued as of this writing and has also impacted its market capitalization. As of this writing, its market capitalization was almost $2.2 billion but had declined by over 1% in the last 24 hours. Also, its volume had declined by almost 50% in the last 24 hours and was almost $23 million.

ApeCoin [APE]

ApeCoin was one of the biggest winners the week before, but it could not maintain the momentum. Data from CoinMarketCap showed it was the second-biggest loser in the past week, with an over 17% decline.

Analysis showed that APE started the week with a bang, spiking by 71.15%, and its price rose to almost $1.5. It showed more promise the next day after it increased by 5%, taking its price above $1.5.