- Peanut the Squirrel, Mantra, and Bonk were the biggest gainers of the past week.
- Helium, Lido DAO, and Artificial Super Intelligence Alliance had the biggest losses of the past week.
The week before now, the crypto market saw so much uptrend that there was almost no loser in the market. There are now more losers this week, but Peanut the Squirrel [PNUT] had an over 1,000% gain.
Helium [HNT], however, was one of the losers, with an almost identical decline as the second-biggest loser.
Biggest winners
Peanut the Squirrel [PNUT]
PNUT made a grand debut in the market, launching at a modest price below $0.09. The token quickly gained traction, surging to an all-time high of over $2.00 within days.
However, PNUT ended the week trading at approximately $1.59, following a 5.23% dip in the past 24 hours. Despite this, it secured the top spot among weekly gainers with a remarkable 1,400% increase.
PNUT’s market capitalization has declined by over 12% to approximately $1.62 billion, while its trading volume stood at $1.4 billion after a 50% drop in the last 24 hours.
The retracement from its peak highlighted the volatility that often accompanies new market entries.
Mantra [OM]
Mantra [OM] experienced a strong bullish run after consolidating around $1.50 on the 10th of November, just above its 50-day moving average of $1.49.
By the week’s end, OM had surged past $2.50, marking a weekly gain of 133%, as per CoinGecko.
Trading at $3.32 at press
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Author: Adewale Olarinde
