Crypto market’s weekly winners and losers – XLM, HBAR, WIF, BONK

• Stellar, Hedera, and Tezos have been the most important gainers previously week.
• Popcat, dogwifhat, and Bonk ended the week as the most important losers.

This week has been eventful for the cryptocurrency market, with important value actions shaping the dynamics of the highest 100 digital property by market capitalization.

Whereas some tokens soared to new heights, others struggled below market pressures.

Greatest winners

Stellar [XLM]

Stellar Lumens [XLM] has dominated the market this previous week, rising because the top-performing cryptocurrency with an unimaginable 190% surge. 

During the last seven days, XLM’s value motion was marked by regular features adopted by fast acceleration, notably after crossing the psychological $0.30 mark.

Nevertheless, it began the week at round $0.19 earlier than gaining momentum. On the finish of the week, it noticed a 53.40% spike, which took its value to round $0.52. 

Buying and selling at $0.58 at press time, XLM has proven outstanding bullish momentum, pushed by sturdy market sentiment and sustained shopping for exercise.

Supply: TradingView

The day by day chart reveals a parabolic transfer, with XLM breaking a number of resistance ranges. The 50-day and 200-day SMAs at $0.14 and $0.10 have been decisively breached earlier this week, triggering a golden cross. 

The RSI stands at 94.98, deep into overbought territory, suggesting the potential of a short-term correction as merchants lock in income.

In the meantime, the Chaikin Cash Move (CMF) indicator remained constructive at 0.40, reflecting sturdy inflows of capital into XLM, which might maintain its bullish trajectory within the close to time period.

Hedera [HBAR]

Hedera Hashgraph [HBAR]  has had a stellar efficiency over the previous week, marking a outstanding 76% value enhance, positioning it because the second-highest gainer within the crypto market.

A have a look at its value pattern confirmed it began the week at round $0.08, however a 60.19% spike on 18th November took its value to round $0.14.

It witnessed uptrends and downtrends throughout the week however ended the week at round $0.15. HBAR was buying and selling at $0.152 at press time, reflecting sustained bullish momentum. 

Nevertheless, its quantity has declined by over 26% within the final 24 hours, with knowledge exhibiting it at $1.5 billion as of this writing. Its market capitalization was virtually $5.8 billion as of this writing.

Tezos [XTZ]

Rounding up the highest gainers on this class is Tezos [XTZ], making it its second week as a high gainer. Based on knowledge from CoinGecko, XTZ gained over 69% previously week.

Its value pattern confirmed it began the week with an over 8% decline at round $0.79. Nevertheless, a spike of over 47% took its worth to round $1.17 the subsequent day.

Like HBAR, its value fluctuated subsequently however ended the week at round $1.15, after an over 2% enhance.

As of this writing, it has seen one other large enhance with an over 22% spike, and its value was at $1.4.

Its buying and selling quantity has spiked by over 63% within the final 24 hours and is now over $380 million. Its market capitalization is round $1.4 billion.

Prime 1,000 gainers

Exterior the highest 100, this week’s high gainer, Massive Canine Fink [BINK], surged by over 690%.

The second and third-largest gainers have been Dolos The Bully [BULLY] and We Love T*ts [TITS], with over 401% and over 258% will increase, respectively.

Greatest losers

Popcat [POPCAT]

Popcat [POPCAT] has confronted important promoting stress over the previous seven days, rising as the most important loser available in the market with an over 18% drop in worth.

AMBCrypto’s evaluation of its value pattern confirmed it began the week positively with an over 9% enhance, taking its value to round $1.9.

Nevertheless, POPCAT noticed sharp declines subsequently, ending the week at round $1.4. The worth was buying and selling at round $1.48 with a weak uptrend try, however it remained under essential value zones.

Its quantity was round $128 million, with an over 26% decline within the final 24 hours. Additionally, its market capitalization was round $1.46 billion as of this writing. 

dogwifhat [WIF]

Dogwifhat [WIF] has encountered a turbulent week, recording a big 14% decline over the previous seven days, making it the second-largest loser available in the market. 

Within the final seven days, WIF has did not maintain above its essential psychological degree of $3.50, triggering elevated promoting exercise.

AMBCrypto’s have a look at its chart confirmed that its value was round $3.6 originally of the week however had declined to round $3.2 by the week’s finish.

Supply: TradingView

Buying and selling at $3.30, on the time of writing, the token struggled to keep up its foothold after a pointy correction from the current excessive of $4.00 earlier within the month.

Additionally, The Choppiness Index [CHOP] studying of fifty.54 highlighted consolidation, signaling that the token would possibly stay range-bound within the brief time period.

If bearish sentiment persists, the value would possibly check help at $3.00, with a possible slide towards the 50-day shifting common. Conversely, a restoration above $3.50 might reignite bullish momentum.

As of this writing, its market capitalization is sort of $3.3 billion, with an over 2% decline within the final 24 hours. 

Bonk [BONK]

Bonk [BONK] rounded up the highest losers, making it a memecoin affair. Knowledge from CoinGecko confirmed that BONK declined by over 10% within the final seven days. 

It began the week sturdy after an over 8% enhance, which took its value to round $0.00005 — the best in over six months.

Nevertheless, it couldn’t maintain because it ended the week at round $0.00004 after important fluctuations have been noticed. 

As of this writing, it was buying and selling across the $0.00004 value degree. Its market cap has declined by over 5% within the final 24 hours and is round $3.56 billion as of this writing. 

Prime 1,000 losers

Exterior the highest 100, this week’s high loser was Shrub [SHRUB], with an over 61% decline.

The second and third-biggest losers have been Shoggoth [SHOGGOTH] and Hasbulla’s Cat [BARSIK], with over 59% decline, respectively.  

Conclusion 

Right here’s the weekly recap of the most important gainers and losers. It’s essential to remember the risky nature of the market, the place costs can shift quickly.

Thus, doing your individual analysis (DYOR) earlier than making funding selections is greatest.