Crypto market’s weekly winners and losers – WLD, BGB, BONK, and TIA
- Worldcoin, Siacoin, and Bitget Token (BGB) had the biggest wins of the week.
- Astar, Bonk, and Celestia were the biggest losers of the week.
During a week when the cryptocurrency market cap approached nearly $2 trillion, certain assets experienced substantial gains while others incurred significant losses.
Below is AMBCrypto’s compilation of the most notable winners and losers from the 11th to the 17th of February.
Biggest Winners
Worldcoin
In the past week, Worldcoin [WLD] witnessed a substantial surge in its price. The daily timeframe chart revealed a remarkable uptrend, driving its price to the highest since it’s listing in 2023.
The week began on the 11th of February with a slight loss of over 1.6%, trading at approximately $2.45.
However, WLD saw consecutive uptrends afterward, reaching a climax on the 16th of February, with an almost 29% price increase.
By the end of the week on the 17th of February, Worldcoin’s price had surged to around $4.7.
CoinMarketCap’s showed a staggering gain of over 110% in the last seven days, positioning Worldcoin as the biggest gainer. At the time of this writing, its market cap was over $673 million.
Furthermore, the price chart showed an additional gain of over 10%, with the press time price of over $5.
Siacoin
Siacoin [SC] emerged as the second-largest gainer of the week, boasting an impressive gain of over 60%, as reported by CoinMarketCap.
Despite a slow start to the week, with an initial trading price of around $0.0089, Siacoin witnessed a noteworthy surge as the week progressed.
By the week’s conclusion on the 17th of February, its price had surged to around $0.014. Siacoin’s market cap was around $786 million at the time of this writing.
Also, at the time of this writing, it was trading at around $0.014, starting the new week with another decline.
Bitget Token
Bitget Token [BGB] initially faced losses in the first two days of the week, as per data from CoinMarketCap. Despite this early setback, it managed to secure the position of the third-highest gainer of the week.
Beginning the week with a trading value of around $0.6, Bitget Token experienced a significant surge, concluding the week at over $1 and gaining more than 50%.
At the time of this writing, it was trading at around $1.02, with a market cap of over $1.4 billion.
Biggest Losers
Astar
Astar [ASTR] emerged as the week’s biggest loser, as indicated by CoinMarketCap data. The week commenced positively for Astar, starting at about $0.18 and reaching over $0.19 at one point.
However, the momentum shifted, and the token experienced consecutive declines, concluding the week at around $0.16 with a loss of 8.61%. Astar’s market cap was over $943 million at the time of this writing.
Bonk
Bonk [BONK] secured the position of the second-highest weekly loss, registering a decline of 6.7%, according to CoinMarketCap.
A daily timeframe analysis of this Solana [SOL]-based meme coin revealed a challenging start to the week with a 6.85% loss.
The chart showed that its most significant gain occurred on the 14th of February, with a 14.19% increase. However, despite this noteworthy surge, it was insufficient to offset the overall weekly loss.
At the time of this writing, Bonk was trading with an increase of over 2%, and its market cap was over 820 million.
Celestia
Celestia [TIA] faced a challenging start to the week as its price experienced a decline, starting at about $19.48. The downward trend persisted, with the price reaching around $17.8 during the week.
Despite a slight recovery, CoinMarketCap’s data indicated an overall decline of over 6% for the week. At the time of this writing, Celestia was trading at around $18.7, with another observed decline.
Its market cap was over $3 billion at the time of the report.
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.