Here are the coins that showed the most movement this week.
Top Weekly Gainers
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 13% today and around 27% in the past 7 days.
Convex Finance (CVX)
Convex Finance (CVX) allows Curve to earn transaction fees without staking there. At the time of writing, CVX is being traded at the price of almost $5.07. In the past 24 hours, CVX has increased in price by about 20%. It is one of the top gainers this week and has gained about 17% overall.
Arweave (AR)
It is a storage platform that allows people to store data that calls itself a hard drive that never forgets. In the past week, AR has gained about 17% and now stands at the price of almost $11.66. Today it has gained about 2% but on the weekly time frame, it is a gainer and a big one.
Cosmos (ATOM)
Atom is one of the layer 1 blockchains. At the time of writing, ATOM is being traded at the price of almost $8.79. Today it has gained about 8% and on the weekly time frame, we have seen an increase of about 11.20%.
Curve Dao Token (CRV)
CRV has been one of the top gainers this week. Standing at the fifth position, CRV has gained about 9.62% in the past week. Today, the price of CRV has increased by about 2.35% and we see it standing at the price of about $0.833.
Top Weekly Losers
With the market bouncing, today the market might be green, but overall in a week, we can still see that some of the coins are bleeding and they have lost value in price.
Kucoin Token (KCS)
The native token of the KuCoin platform is KCS. The coin is the highest loser this week. The price has dropped by almost 20% and now stands at a price of $8.57. This drop came after there were rumors in the market regarding Kucoin and its holdings for Luna and becoming insolvent which were quickly denied by the CEO.
Helium (HNT)
It is a network for the internet of things. It was launched back in 2019 for the communication of devices. At the time of writing, HNT is being traded at the price of almost $9.18. In a single week, the price of HNT has dropped by almost 17% making it the second-highest loser in this week among the top 100 cryptocurrencies.
1inch Network (1inch)
1inch is a DEX that searches through many liquidity pools and provides the best rates for the exchange. At the time of writing, 1inch is being traded at the price of almost $0.625 and we have seen an increase of about 1.21% in the past 24 hours. On a weekly time frame, 1inch is the third-most top loser among the top 100 cryptocurrencies and we have seen a drop of almost 16.30%.
Huobi Token (HT)
HT is the native token of The Huobi Global Exchange. HT is used to pay the transaction fees and the operations that are carried on the platform. Today the price of the coin has increased by almost 3.11% and is currently being traded at the price of almost $4.48. In the past week, however, HT is one of the top losers this week and we have seen a drop of almost 16%.
Gala (GALA)
Gala is a project that aims to develop games on blockchain technology. It aims to develop certain methods that can incentivize the players. It is the fifth-highest loser this week and we have seen a drop of almost 14.29% in its price. It is now being traded at the price of almost $0.0529. Today the price has decreased by almost 1.18%.
