Crypto market’s weekly winners and losers – NEIRO, ADA, POPCAT, MOG

11/11/2024 02:00
Crypto market’s weekly winners and losers – NEIRO, ADA, POPCAT, MOG

Neiro was crypto’s weekly biggest winner, with Cardano also making an appearance after an interesting week.

  • Neiro, Cronos, and Cardano are the biggest winners of the past week.
  • POPCAT and Mogcoin had the biggest losses in the past week.

The cryptocurrency market experienced a strong upward trend over the past week, driven by Bitcoin’s [BTC] continued rally to new all-time highs.

Bitcoin’s momentum influenced other assets, with notable gains in coins like Neiro [NEIRO], Cardano [ADA], and Cronos [CRO].

However, a few tokens, including Popcat [POPCAT], bucked the trend and ended the week with losses.

Biggest winners

Neiro [NEIRO]

Neiro had an eventful week, starting with a 5% dip, trading around $0.0013. After further declines on the 4th of November, NEIRO saw a massive recovery midweek, surging nearly 55% to reach approximately $0.002.

It continued this upward trend, ending the week at $0.0025 with an additional 15% increase. 

According to CoinGecko, NEIRO was the week’s top performer, posting an impressive 107% gain.

The token’s market cap now stands at about $1.2 billion, a 22% increase in the last 24 hours, with trading volume reaching $867 million, a 38% rise.

Cardano [ADA]

Cardano emerged as the second-biggest gainer this week. ADA began with a minor dip, dropping over 4% to around $0.33.

However, it quickly reversed course, rallying from the $0.366 level—where it found support at the 50-day moving average—to break through the $0.50 mark. 

Cardano price trend

Source: TradingView

ADA recorded a weekly gain of over 69%, as reported by CoinGecko. Trading around $0.587 at press time, ADA saw an 18.35% increase in the past day alone.

The 50-day moving average crossed above the 200-day moving average, indicating bullish momentum. Also, the RSI at 84.88 suggests ADA might be overbought, signaling a potential pullback. 

If the uptrend continues, ADA could aim for resistance around $0.60, with support likely at $0.50 in case of a correction.

ADA’s market cap stood at approximately $20.44 billion at press time, with a trading volume of $2.4 billion, up by 128% over the past 24-hour sentiment in the market.

The altcoin’s ADA’s market capitalization was around $20.44 billion, with an over 33% increase in the last 24 hours. Its volume is over $2.4 billion, with an over 128% increase in the last 24 hours.

Cronos [CRO]

Cronos had the third-highest gain of the week, according to CoinGecko. After a relatively quiet start, CRO saw significant midweek gains, rising from about $0.017 to nearly $0.10 by week’s end.

Trading at over $0.10 at press time, CRO posted a 14% daily increase.

Market cap and trading volume have also risen in the last 24 hours, with CRO’s market cap reaching $3.2 billion (up 11%) and volume climbing to $173 million, an increase of 39%.

Top 1000 gainers 

In the broader market, Zerebro [ZEREBRO] led the pack with a 1,137% weekly increase. Fartcoin [FARTCOIN] followed with a 360% gain, and Bong Cat [BONGO] posted a 357% gain, rounding out the top three.

Biggest losers

Despite the market’s overall bullishness, a few assets recorded losses, albeit minor, within the top 100 tokens. The most notable among them were Popcat [POPCAT] and Mog Coin [MOG].

Popcat [POPCAT]

Popcat saw a slight downtrend, making it one of the few weekly losers. POPCAT began the week around $1.3 and dipped to $1.2 the next day.

After a midweek surge to about $1.60, the price declined again, finishing the week around $1.4. At press time, POPCAT had rebounded slightly, trading at $1.4590, up 2.93%. 

Popcat price trend

Source: TradingView

The RSI indicator sat at 51.71, indicating a neutral trend and potential consolidation before any directional break.

If bearish sentiment continues, POPCAT might retest its $1.30 support, while a bullish move could see it retesting the $1.60 resistance.

Mog Coin [MOG]

Mog Coin [MOG] experienced a minor decline, dropping less than 1% over the week. Starting at around $0.0518, MOG briefly surged over 17% to $0.0522 midweek but was unable to maintain that level.

By the end of the week, MOG settled around $0.0520. 

At press time, MOG’s market cap was approximately $792 million, reflecting a slight decrease of less than 1%, while its trading volume is about $33 million, down 4%.

Top 1,000 losers

Among the top 1,000 tokens, MAGA HAT [MAGA] suffered the biggest weekly loss with a 48% decline, leading a downturn in PolitiFi tokens.

Ozone Chain [OZO] followed closely with a 45% drop, while MAGA [TRUMP] was the third-biggest loser, down by 42%.

Conclusion 

Here’s the weekly recap of the biggest gainers and losers. It’s crucial to bear in mind the volatile nature of the market, where prices can shift rapidly.

Thus, doing your own research (DYOR) before making investment decisions is best.

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