One of the most extraordinary performing weeks has seen several cryptocurrencies reach new heights and achieve new all-time highs, including BNB, Toncoin, FLOKI, and many more. Based on market emotion, the fear and greed index determined the degrees of greed, and the average global market capitalization was $2.5 trillion. With so many successes and ideal market circumstances, let’s examine the top cryptocurrency winners and losers to make future investment decisions.
Week’s Top Cryptocurrency Gainers
Many cryptocurrencies grew and emerged as the top gainers in the crypto space because of favorable market circumstances. The top three performers on the crypto gainers list are ORDI, STX, and KAS.
1. ORDI (ORDI)
By the end of May, ORDI was experiencing a significant decline, which persisted until recently when prices started to rise from the beginning of June. Launched on the Bitcoin blockchain, ORDI has gained 27% this week, making it the best gainer among cryptocurrencies. As of this writing, ORDI has a market capitalization of $1.2 billion and is trading at $60.51.
2. Stacks (STX)
With a 22.33% increase in value over the last few days, STX is ranked second among cryptocurrency gainers. It began gaining traction in May when it reached an all-time high of $3.84, but the decline was swift. The price of STX started to rise once more, and it is now trading at $2.26 with a $3.3 billion market capitalization.
3. Kaspa (KAS)
The price of Kaspa is currently declining, but it was on the verge of reaching its all-time high target of $0.1919 earlier. With a market valuation of $3,766,377,452, the altcoin is currently trading at $0.1578, up 14% over the previous week. Despite decreases, it is the third-biggest currency gainer.
Week’s Top Crypto Losers
Since many of them have dropped over the course of the week compared to cryptocurrency gainers, now is the ideal time to acquire them at a discount and sell them when the trends pick up. According to CoinmarketCap, the three largest currency losers of the week are BEAM, TIA, and LIDO.
1. Beam (BEAM)
With its current price of $0.02278, the beam has lost 21% of its value from one week ago. There has been a 4% decrease over the past day, resulting in a $1.1 billion market cap.
2. Celestia (TIA)
Celestia has been down 6% in the past day and is currently trading at $9.13, nearer the month’s lowest point. Its market capitalization is $1.76 billion, and its trading volume is $76 million. The value of TIA has decreased by 20% in a week.
3. Lido DAO (LIDO)
For the past week, the price of Lido DAO has been steadily plummeting, falling 18.5%. After losing 4% on the last day, the altcoin is trading at $1.94, lowering its market capitalization to $1.7 billion.
Investors experienced a mixed bag of cryptocurrency winners and losers amid the market’s bulls and bears. Even though the month is just starting, the market is already conducive to gains. It needs to see what the next several days hold because the season is almost approaching.
