Bitcoin (BTC) once again tried to show strength only to be rejected from $22k from where it had a steady drop to $20k. Similarly, Ethereum (ETH) also dropped. Altcoins had suffered at the hands of the drop as well and we saw that the market was overall red with only a number of coins that showed strength.
Terra Classic UST (USTC)
The highest gainer in the past 7 days is a stablecoin. After De Kwon posted the plan to bring back the Terra system, the original got transformed into Luna Classic and UST was named USTC. At the time of writing, USTC is being traded at the price of almost $0.05. The price has increased by almost 93% today and around 500% in the past 7 days.
Shiba Inu (SHIB)
Shib is one of the top gainers among the top 100 cryptocurrencies. A coin that has started as a meme coin but now has lands and many new features. It surely knows how to continue development. In the past 7 days, the price has increased by almost 27% and is now being traded at almost $0.00001088.
The Sandbox (SAND)
The metaverse platform that at one time had been the continuous top gainer. Every other day, SAND was out achieving new all-time highs. At the time of writing SAND is being traded at the price of almost $1.16. In the past 7 days, the price has increased by almost 25.77%.
Polygon (MATIC)
Polygon is a layer 2 solution. Since the creation of Polygon ID, Matic has been continuously on the uptrend and we have seen a bullish momentum in the coin. In the past 7 days, Matic has increased by almost 23%. It is currently being traded at the price of almost $0.5404.
Enjin (ENJ)
Enjin (ENJ) is a coin that has also shown bullish strength. At the time of writing, ENJ is being traded at the price of almost $0.58. In the past 7 days, the price has increased by almost 21%.
Top Weekly Losers
With the drop in the price of BTC today and yesterday, the price of altcoins also decreased. Just as there are coins that showed strength and were up in the past 7 days, there are also coins that weren’t able to move upwards.
XDC Network (XDC)
XDC network among the top 100 cryptocurrencies is the top loser this week. In the past 7 days, the price has decreased by almost 21%. In the past 24 hours alone, we have seen a drop of 10% in the price. Currently, at the time of writing, XDC is being traded at the price of almost $0.02533.
Elrond (EGLD)
Elrond (EGLD) has been one of the top losers this week. At one time it established its ATH way above the current price but now seems to slow down and is continuously dropping down. EGLD has dropped almost 11.47% in the past 7 days. In the past 24 hours, the price has decreased by almost 5%. Currently, it is being traded at the price of $55.48.
ChainLink (LINK)
Link has been the third top loser in the past 7 days. Having its ATH way above the current price, LINK has suffered a lot of damage during this downtrend. In the past 7 days, the price of LINK has dropped by almost 11%. In the past 24 hours, we have seen the damage of about 5%. At the time of writing, LINK is being traded at the price of almost $6.57.
Hedera (HBAR)
Hedera is also one of the coins that have suffered a huge drop in its price. It is among the top five losers this week. At the time of writing, HBAR is being traded at the price of almost $0.06936. In the past 24 hours, the price has decreased by almost 3% and in the past 7 days, we have seen the damage of about 10%.
Bitcoin SV (BSV)
BSV is the fifth-highest losing coin in the market. At the time of writing, BSV is being traded at the price of almost $59.26. In the past 7 days, we have seen a drop of almost 9% and in the past 24 hours, the price of BSV has dropped by almost 5%.
