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Crypto market’s weekly winners and losers – FLOKI, PEPE, WLD, TIA

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Meme coins dominate the charts this week.

Crypto market's weekly winners and losers – FLOKI, PEPE, WLD, TIA

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  • Dogwifhat, Floki, and Pepe had the biggest gains of the week.
  • Worldcoin, Bitget Token, and Celestia were the biggest losers for the week.

The crypto landscape witnessed an intriguing week, with its usual mix of winners and losers. Notably, it became a meme-filled week, with meme coins prominently leading among the winners.

Coins that had previously occupied the winners’ list were transitioning into the losers’ category.

Biggest winners

dogwifhat

dogwifhat [WIF] began the week on the 25th of February, when it was trading below $1. However, WIF emerged as the week’s top performer, boasting a remarkable gain of over 380%, as per CoinMarketCap.

AMBCrypto’s analysis of its price movement over the last seven days showed that it started the week at around $0.35. 

The chart showed gradual growth throughout the week, with a significant surge observed around the 1st of March, when its price surged from about $0.9 to surpass $1.2.

At the time of this writing, WIF’s price had further increased to about $1.6. Its market capitalization was over $1.6 billion, with a noteworthy 24-hour increase of over 30%.

Floki

Floki [FLOKI] experienced an impressive weekly gain of over 272%, securing its position as the second-highest gainer of the week, according to CoinMarketCap.

FLOKI started its week at about $0.00003, with a daily volume of around $22 million. However, a surge occurred on the 1st of March, which drove its price to $0.00009 and the volume to over $580 million. 

At the end of the week, FLOKI’s price had climbed to $0.0001, and the volume was over $1.3 billion.

At the time of this writing, its price remained in the $0.0001 region, with a market capitalization of over $1.3 billion.

Pepe

Pepe [PEPE] exhibited a remarkable performance on the daily timeframe, securing the highest daily price increase in the past week.

According to CoinMarketCap, PEPE claimed the third-highest gainer spot of the week, with a substantial surge of over 210%. 

The daily chart for the week unveiled PEPE’s journey, commencing with a 3.79% increase. Subsequently, in the following three days, it experienced impressive daily gains of 32.12%, 47.51%, and 19.10%.

After a decline of over 13% on the 29th of February, PEPE witnessed another surge of 45.62% on the 1st of March. Closing the week at $0.00000.43 marked an additional 9.77% increase.

Pepe daily price trend

Source: Trading View

The noteworthy aspect of PEPE’s trend in the past week lies in its historical feat of experiencing over 40% daily increases for the first time.

More intriguingly, it achieved this milestone twice within a single week. At the time of this writing, PEPE was trading with a decline of over 5%.

Additionally, its 24-hour trading volume was over $1.5 billion, and its current market capitalization was over $1.7 billion.

Biggest losers

Worldcoin

Experiencing a notable downturn with over a 13% decline in the past week, Worldcoin [WLD] emerged as the week’s biggest loser, as per CoinMarketCap.

Despite its earlier prominence among the leading gainers, WLD witnessed a slide down the rankings in the current week. 

AMBCrypto’s analysis of its daily price trend showed more losses than gains during the week. Starting the week with a modest 4.7% increase, it traded at about $8.5.

However, the following day saw a decline of 6.43%, and this downward trajectory extended with an additional drop of over 10% on the subsequent day.

Worldcoin price trend

Source: Trading View

Although there was a brief attempt at recovery on the 28th of February, consecutive increases remained elusive throughout the week.

The week concluded with a further decline of over 3%, bringing its trading value to around $7.6. At the time of this writing, it was trading at approximately $8.4, reflecting an increase of over 9.6%.

Furthermore, its market capitalization was over $1.2 billion, with a 24-hour trading volume close to $550 million.

Bitget Token

Starting the week above $1, Bitget Token [BGB] encountered subsequent declines, marked by moderate price fluctuations.

Despite these incremental increases, the token struggled to reclaim the $1 price threshold, concluding the week at approximately $0.91.

According to CoinMarketCap, Bitget Token faced the second-highest weekly loss, accumulating a loss exceeding 6%. 

At the time of this writing, it maintained its position around the $0.9 price range. The token had a market capitalization of over $1.3 billion and a 24-hour trading volume of about $23.7 million.

Celestia 

Experiencing a weekly loss of over 4.5%, Celestia [TIA] ranked as the third-largest weekly loser, as indicated by CoinMarketCap. Beginning the week with a decrease, TIA traded around $16.

Although it endeavored to stage recoveries, it dropped to around $15.8 on the 28th of February. The week’s highest point was on the 29th of February, surpassing $18, ultimately concluding the week around $16.6.

At the time of writing, TIA was valued at about $16.4, displaying a minor downturn. Furthermore, its market capitalization presently stands at over $2.7 billion.

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, it is best to do your own research (DYOR) before making any investment decisions.

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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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