The Biggest Crypto Gainers and Losers This Week

The Biggest Crypto Gainers and Losers This Week 

This week, the biggest crypto gainers and losers show bitcoin and Ethereum sliding before managing to recover with an uptick of 2-3% against the US dollar. About 50 cryptocurrencies have recorded double to triple-digit gains this week. ARK, SNT, and SUSHI cryptocurrencies have emerged as the most impressive gainers from Saturday, October 28, to Saturday, November 4, 2023.

50 Tokens Gain, 30 Decline in Weekly Crypto Shuffle 

A collection of 50 cryptocurrencies managed impressive gains ranging from 12% to 168% against the US dollar. While a group of 30 tokens experienced a setback, registering losses from 0.01% to 15% during the week.

The ARK token, which is ranked 147th in market capitalization, surged a remarkable 168% against the US dollar. It registered a substantial 23.2% upswing in a single day.

The status (SNT) token was the week’s runner-up in gains, rising 118% against the dollar. With a 72% rise this week, sushi (SUSHI) was placed in the third spot.

ARK and SNT were the high performers and sole triple-digit gainers within the group of 50 this week. With gains of up to 51.4% and 50.36%, respectively, wemix (WEMIX) and pancakeswap (CAKE) were in the top five. 

Crypto tokens SURE, ONG, POLY, RUNE, and ROSE, with gains ranging from 32% to 49%, made it to the top ten. While tokens ZRX, XEM, AAVE, XRP, and SSV claimed spots 45 to 50, with their gains between 12% and 13%.

The meme token floki (FLOKI) topped the charts as the week’s most significant loser against the greenback, declining by 15.76%. The baby dogecoin (BABYDOGE) closely followed by a decline of 14.04%.

OMI registered a decline of 12.9%, closely followed by PEPE’s fall of 9.4%. The Shiba Inu project’s BONE fell 9.2% and was the fifth-largest fall of the week.

Other tokens that declined included QNT, MKR, FTT, ANT, and LUNA (2.0) as the top ten losers over the last seven days. The current valuation of the crypto economy stands at USD 1.3 trillion, with an increase of 1.88% in the last 24 hours.

Bitcoin Claims 52.3% of the Market Share 

Trade volume was around USD 35.59 billion over the past day, but has tumbled by 24% since yesterday. Bitcoin (BTC) claims a 52.3% market share, while Ethereum (ETH) holds 17% of the dominance stake.

What is your take on the week’s biggest gainers and losers in the world of crypto trading? Please share your thoughts and opinions in the comments section below.