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Crypto market’s weekly winners and losers – ORDI, STX, TIA, LDO

4min Read

Here is how some of your favorite assets concluded the week.

Crypto market's weekly winners and losers – ORDI, STX, TIA, LDO

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  • ORDI, Stacks, and Kaspa were the biggest winners of the week.
  • Beam, Celestia, and Lido DAO topped the list of losers for the week.

The likes of ORDI [ORDI], Stacks [STX], and Kaspa [KAS] were the week’s top gainers, while Beam [BEAM], Celestia [TIA], and Lido DAO [LDO] topped the flip side of the chart. 

Biggest winners

ORDI [ORDI]

A daily analysis of ORDI’s price trend revealed interesting positive trends. 

Although ORDI’s positive run began on the second day of the week, it has experienced consistent uptrends since its initial price increase. 

The week started with a 4.56% decline, dropping ORDI’s price from approximately $47.50 to around $45.00. However, this setback was quickly overcome as the asset began its steady climb.

The chart revealed two significant price moves that sparked ORDI’s upward trend. On the 3rd of June, ORDI experienced a surge of over 6%, bringing its price back to the $47 range.

The next day, it saw an impressive 17% increase, pushing its price above $55.

By the end of the week, ORDI was trading at nearly $59.

ORDI price trend

Source: TradingView

According to data from CoinMarketCap, ORDI was the biggest winner of the week, boasting an impressive increase of over 25%.

At the time of writing, ORDI was trading with an additional 4% increase, bringing its price to over $61. Its market capitalization had reached nearly $1.3 billion.

However, trading volume had declined by approximately 30%, settling around $314 million.

Stacks [STX]

According to CoinMarketCap, STX recorded the second-highest gains of the week, with an impressive increase of over 22.5% in the last seven days.

AMBCrypto’s analysis showed that Stacks started the week on a negative note, trading at around $1.80. However, from the 3rd of June, it gained momentum and experienced consistent uptrends. 

The chart indicated that STX reached a high of approximately $2.48 at one point during the week. By the end of the week, it was trading at around $2.24.

As of this writing, STX had increased slightly to approximately $2.27.

Additionally, data indicated that Stacks had a market capitalization of around $3.3 billion at the time of writing, although it had declined in the last 24 hours.

Its trading volume also dropped by over 50% in the past 24 hours, settling at around $145 million.

Kaspa [KAS]

AMBCrypto’s analysis of KAS revealed that it started the week at approximately $0.14, beginning its uptrend on the first day.

The chart showed that KAS continued to rise, reaching the $0.19 range at one point during the week. However, it has since declined, and by the end of the week, it was trading at around $0.16.

Despite its decline, CoinMarketCap’s data showed that Kaspa (KAS) was the third-largest gainer of the week, with an increase of over 15%. As of this writing, it was still trading around the $0.16 price range. 

The data also indicated that its market capitalization was approximately $3.8 billion, though it had declined by over 5%.

Similarly, its trading volume saw a significant drop of over 40% in the last 24 hours, settling at around $67 million.

Biggest losers

Beam [BEAM]

AMBCrypto’s look at BEAM’s price chart revealed a lack of positive trends. BEAM began the week at approximately $0.27 and experienced consecutive declines throughout the week.

By the end of the week, its price had dropped to around $0.22. According to CoinMarketCap, BEAM was the biggest loser of the week, with a decline of about 20.8%.

As of this writing, BEAM was trading at around $0.23 with a market cap of approximately $1.1 billion, which had declined by over 3%.

Its trading volume had decreased by over 40%, settling at around $13.8 million.

Celestia [TIA]

Celestia was closer to the ground than to the stars. Per AMBCrypto’s analysis, TIA started the week on a positive note, trading at around $11.46. 

However, it experienced subsequent declines, falling to around $9.10 by the end of the week.

According to CoinMarketCap data, this decline placed TIA as the second-biggest loser of the week, with a loss of over 20% in value over the last seven days.

As of this writing, TIA was still trading in the $9.10 price range. Its market capitalization had decreased by over 6% in the last 24 hours, standing at approximately $1.7 billion.

Additionally, trading volume had declined by around 50%, settling at around $75 million.

Lido DAO [LDO]

Lido DAO, per its daily time frame, began the week at around $2.30. The chart indicated that it started with a 3.56% decline, which continued throughout the week.

By the 7th of June, LDO had dropped to around $2.00, breaking the support line (yellow line). At the end of the week, it was trading at approximately $1.90 after a 4.8% decline, now trading below its support level.

LDO’s decline also pushed its Relative Strength Index (RSI) to 40, indicating a strong bear trend. According to CoinMarketCap, LDO experienced the third-largest loss of the week, with a decline of over 19%. 

Lido DAO price trend

Source: TradingView

Its market capitalization had decreased by over 5% in the last 24 hours, standing at approximately $1.7 billion. Its trading volume dropped by over 20%, at around $143 million during press time.

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 any investment decisions is best.

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Adewale is a full-time journalist at AMBCrypto. While he is increasingly fascinating by the world of blockchain and cryptocurrencies, Adewale holds a degree in International Relations. Besides working on insightful articles that touch upon the crypto-space's hottest issues, he finds joy in supporting Manchester United and Afrobeat music.
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