The cryptocurrency market has seen significant volatility over the past week, with some tokens posting impressive gains while others suffered heavy losses. Among the top performers, First Neiro On Ethereum (NEIRO) stood out with a gain of over 100%. On the other hand, FTX Token (FTT) and Kaspa (KAS) led the losers with significant drops.
The strongest growing coins
First Neiro On Ethereum (NEIRO)
First Neiro On Ethereum (NEIRO) had a breakout week, becoming the biggest gainer among the top 100 cryptocurrencies. Starting the week at $0.00096, NEIRO skyrocketed and ended the week at $0.002.
According to data from CoinMarketCap, NEIRO’s price has increased by more than 112% in the past seven days, pushing its market capitalization to nearly $840 million, ranking NEIRO 76th in terms of capitalization. However, NEIRO’s trading volume has decreased by about 30% in the past 24 hours, to $583 million.
Mog Coin (MOG)
Mog Coin (MOG) holds the second spot on the list of top performing coins of the week. The memecoin has gained 33% over the past seven days.
MOG started the week at $0.0000014, experiencing volatility, falling to $0.0000013 before recovering to $0.00000186 by the end of the week.
Despite a 5% drop in trading volume, MOG's market capitalization still increased by more than 3% to around $734 million with a trading volume of around $25.8 million.
On (ON)
Sui (SUI) also recorded impressive results, increasing 29% over the past week. This is all the more remarkable in the context of SUI holding a token unlock event on October 1, issuing 64.19 million tokens worth approximately $114.27 million.
SUI started the week at $1.87, steadily rose to $2, then experienced a few days of decline. The token ended the week on a strong note, gaining 12% and 9% in the last two days, taking the price to $2.38 – an all-time high.
SUI is in a strong uptrend, with the Relative Strength Index (RSI) at 72, indicating it is overbought. SUI's market capitalization has increased by 10% to $6.2 billion, and trading volume has increased by 18% to $1.1 billion.
Top 500 coins with the strongest increase
Among the top 500 cryptocurrencies, SPX 6900 (SPX) is the biggest gainer with a 308% increase, currently trading at $0.89.
Apu Apustaja (APU) is next with a 144% increase to $0.00096. Another notable coin is HarryPotterObamaSonic10Inu, with a 119% increase, currently priced at $0.3.
The coins that fell the most
FTX Token (FTT)
FTX Token (FTT) is the biggest loser this week, continuing to suffer from the collapse of the FTX exchange.
FTT is down more than 20% for the week, from $2,528 to $2.05. The token is currently in bankruptcy proceedings and its future remains unclear.
Despite the price drop, FTT's trading volume still reached $26.24 million, down 26% in the last 24 hours. FTT's market capitalization is currently at $678 million.
Kaspa (KAS)
Kaspa (KAS) also had a tough week, with its price falling from $0.14 to $0.13, a 9% drop.
At the time of writing, Kaspa's market capitalization is around $3.3 billion, with a trading volume of around $36 million.
Wormhole (W)
Wormhole (W) completes the list of the worst losers. The token opened the week at $0.34 with a slight gain of 0.5%, but then fell sharply in the following days.
Wormhole ended the week trading at $0.32, down 8%. The token has a market capitalization of $815 million, with a trading volume of $57 million.
Top 500 coins with the biggest drop
Among the top 500 cryptocurrencies, PepeCoin (PEPECOIN) is the biggest loser with a drop of nearly 35%, currently trading at $2.02.
LCX (LCX) was the second biggest loser, down 27% to $0.133. Civic (CVC) came in third, down 26% to $0.15.
Conclude
Above is a weekly summary of the top gainers and losers. It is important to note that the cryptocurrency market is highly volatile, with prices changing rapidly.
