The Worldcoin project’s WLD token surged 142.7% this week against the US dollar, topping the leaderboard as the biggest gainer of the week. The digital currency bitget token (BGB), which had a rise of slightly more than 58% in the previous week, was right behind it. On the other hand, Astar (ASTR) dropped 6.4%, which was the biggest loss of the week.
The Largest Crypto Gainers and Losers of the Week
The value of the cryptocurrency market is at $1.96 trillion, and $59.19 billion worth of transactions have been made over the past day on both centralized and decentralized exchanges. This week’s top cryptocurrencies by trading volume were SOL, BNB, and WLD in addition to USDT, BTC, ETH, FDUSD, and USDC.
Worldcoin (WLD) alone accounted for $688 million in trading activity in the last day, soaring to the 91st position in the market capitalization rankings and surging 142.7% this week against the US dollar. Bitget Token (BGB) experienced a 58.1% increase, but Siacoin (SC) saw a 54.2% increase. Over the past week, there have also been notable rises of 51.9% and 45.4% for Vechain (VET) and the graph (GRT), respectively. Everything Hindi
With over 40 tokens showing double-digit rises, SEI, STX, AR, FET, RNDR, BLUR, and BEAM were among the other notable movers. Notably, this week saw new all-time highs for both WLD and BGB, with WLD being the only token to experience triple-digit gain.
Losses for the week were negligible, with ASTR leading following a 6.4% decline. Nine different cryptocurrency pairs had losses: ASTR, TIA, BSV, BCH, LINK, LTC, OSMO, WEMIX, and KCS. In spite of this, the Altcoin Season Index on blockchaincenter.com indicates that an Altcoin Season is approaching based on the recent increase in altcoins. Varanasi Bitcoin Baap
January saw a brief cryptocurrency season that ran from the 14th to the 29th. As of right now, the index is at 67. A score of 75 is needed to formally announce the start of a “altcoin season.” However, with a 52% market share, Bitcoin still commands a $1.96 trillion market, while ETH’s market capitalization accounts for 17.4% of the whole value of the cryptocurrency industry.
What are your thoughts on this week’s top cryptocurrency winners and losers? Please share your thoughts on this topic in the space provided for comments below.