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Mog Coin (MOG) Tops Gainers\' Chart This Past Week, While Dogwifhat (WIF) Ranks Among Losers

王林
Release: 2024-07-17 20:27:12
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Despite this, the overall market experienced more gains than losses, indicating a generally positive trend for the period.

Mog Coin (MOG) Tops Gainers' Chart This Past Week, While Dogwifhat (WIF) Ranks Among Losers

Mog Coin (MOG) emerged as the biggest gainer last week, notching a 32.51% gain to conclude the week at about $0.0000019, according to CoinMarketCap’s ranking data. Despite a shaky start, where it opened the week at approximately $0.0000013 and experienced a decline until 9th July, Mogcoin saw a significant turnaround. From 9th July onward, the price began to climb, closing the week at about $0.0000015.

Its market capitalization has surpassed $683 million, reflecting an 18% increase in the last 24 hours alone.

Aave (AAVE) emerged as the second-largest gainer last week, according to data from CoinMarketCap, with an impressive 25.30% increase. It began the week with a nearly 6% decline, trading at approximately $78.27, but the following day saw a rebound of over 4%. Throughout the week, Aave continued to gain, ending at about $99.26—a rise of over 1.8% for the day.

Further analysis using the Relative Strength Index (RSI) underscores this growth, showing a shift from bearish to bullish trends. Initially, Aave’s RSI was around 37, but by week’s end, it had climbed to 62, firmly indicating a strong bullish trend.

Additionally, Aave managed to break through its short and long-term moving averages (yellow and blue lines), which had previously acted as resistance levels. As of this writing, Aave was trading at around $100. Its market capitalization has grown to over $1.5 billion, marking an increase of more than 3% in the last 24 hours. Trading volume has also been strong, with over $108 million exchanged.

Ronin (RON) ranked as the third-highest gainer of the week, with a notable increase of over 22%, according to data from CoinMarketCap. The week started somewhat shakily for Ronin, opening at around $1.7 and then dipping to about $1.6 on the following day. However, the price began to climb from the third day of the week, culminating in a closing price of approximately $2.12 by the week’s end.

As of this writing, Ronin was trading at around $2.15 and boasts a market capitalization of over $721 million. Despite this strong market presence, its trading volume has seen a significant decrease, dropping by over 50% in the last 24 hours, currently standing at over $9 million.

Render (RNDR) faced a challenging week, as evidenced by CoinMarketCap data showing it closed with an 8.85% decline, marking it as the biggest loser of the week. The week began with RNDR trading at around $6.7, but it experienced a steady drop from there. The lowest point came on 12th July, when it dipped to $5.7, before slightly recovering to close the week at approximately $5.9.

As of this writing, Render was trading at around $6.16. Its market capitalization was about $2.4 billion, having seen a slight decline. Trading volume for Render has also decreased significantly, dropping over 31% in the last 24 hours to over $96 million.

Dogwifhat (WIF), a dog-themed memecoin, experienced a tough week, ranking as the second-biggest loser with an 8.15% decline, according to CoinMarketCap data. The coin faced a steep drop right at the beginning of the week, plummeting almost 17%, which reduced its price from around $2 to about $1.6.

Also, despite several minor uptrends throughout the week, these were insufficient to reverse the overall negative trend. By the end of the week, WIF managed a slight recovery, closing at around $1.60 with a 2.2% increase for the day. As of this writing, it was trading at around $1.67, showing a further increase of over 4%. However, its Relative Strength Index (RSI) was around 40, indicating that it was still in a bearish trend.

The WIF market capitalization was around $1.6 billion. Trading volume has seen a decline of over 9% in the last 24 hours, totaling more than $219 million.

Akash Network (AKT) rounded out the top three losers of the week with a 6.19% decline, according to CoinMarketCap data. The analysis of its price trend indicated that it began the week at around $3.6 but continued to slide downward. By

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source:kdj.com
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