Despite this, the overall market experienced more gains than losses, indicating a generally positive trend for the period.
Mog Coin (MOG) emerged as the biggest gainer last week, notching a 32.51% gain to conclude the week at about $0.0000019, according to CoinMarketCap’s ranking data. Despite a shaky start, where it opened the week at approximately $0.0000013 and experienced a decline until 9th July, Mogcoin saw a significant turnaround. From 9th July onward, the price began to climb, closing the week at about $0.0000015.
Its market capitalization has surpassed $683 million, reflecting an 18% increase in the last 24 hours alone.
Aave (AAVE) emerged as the second-largest gainer last week, according to data from CoinMarketCap, with an impressive 25.30% increase. It began the week with a nearly 6% decline, trading at approximately $78.27, but the following day saw a rebound of over 4%. Throughout the week, Aave continued to gain, ending at about $99.26—a rise of over 1.8% for the day.
Further analysis using the Relative Strength Index (RSI) underscores this growth, showing a shift from bearish to bullish trends. Initially, Aave’s RSI was around 37, but by week’s end, it had climbed to 62, firmly indicating a strong bullish trend.
Additionally, Aave managed to break through its short and long-term moving averages (yellow and blue lines), which had previously acted as resistance levels. As of this writing, Aave was trading at around $100. Its market capitalization has grown to over $1.5 billion, marking an increase of more than 3% in the last 24 hours. Trading volume has also been strong, with over $108 million exchanged.
Ronin (RON) ranked as the third-highest gainer of the week, with a notable increase of over 22%, according to data from CoinMarketCap. The week started somewhat shakily for Ronin, opening at around $1.7 and then dipping to about $1.6 on the following day. However, the price began to climb from the third day of the week, culminating in a closing price of approximately $2.12 by the week’s end.
As of this writing, Ronin was trading at around $2.15 and boasts a market capitalization of over $721 million. Despite this strong market presence, its trading volume has seen a significant decrease, dropping by over 50% in the last 24 hours, currently standing at over $9 million.
Render (RNDR) faced a challenging week, as evidenced by CoinMarketCap data showing it closed with an 8.85% decline, marking it as the biggest loser of the week. The week began with RNDR trading at around $6.7, but it experienced a steady drop from there. The lowest point came on 12th July, when it dipped to $5.7, before slightly recovering to close the week at approximately $5.9.
As of this writing, Render was trading at around $6.16. Its market capitalization was about $2.4 billion, having seen a slight decline. Trading volume for Render has also decreased significantly, dropping over 31% in the last 24 hours to over $96 million.
Dogwifhat (WIF), a dog-themed memecoin, experienced a tough week, ranking as the second-biggest loser with an 8.15% decline, according to CoinMarketCap data. The coin faced a steep drop right at the beginning of the week, plummeting almost 17%, which reduced its price from around $2 to about $1.6.
Also, despite several minor uptrends throughout the week, these were insufficient to reverse the overall negative trend. By the end of the week, WIF managed a slight recovery, closing at around $1.60 with a 2.2% increase for the day. As of this writing, it was trading at around $1.67, showing a further increase of over 4%. However, its Relative Strength Index (RSI) was around 40, indicating that it was still in a bearish trend.
The WIF market capitalization was around $1.6 billion. Trading volume has seen a decline of over 9% in the last 24 hours, totaling more than $219 million.
Akash Network (AKT) rounded out the top three losers of the week with a 6.19% decline, according to CoinMarketCap data. The analysis of its price trend indicated that it began the week at around $3.6 but continued to slide downward. By
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