On Monday, July 1, 2024, the global cryptocurrency market saw a rise of 2.31%, reaching a total valuation of $2.31 trillion. Bitcoin recorded a weekly increase of 2.8%, while Ethereum surged by 4.8%. Several other digital currencies also experienced significant gains, with mog coin (MOG) leading the charge with an impressive 82.1% appreciation against the US dollar over the past seven days.
This week showcased notable performances across various crypto assets as the market strengthened towards the week's end. Approximately 22 cryptocurrencies achieved double-digit growth rates, with mog coin (MOG) standing out at 82.1% growth.
MOG/
USDT
on July 1, 2024.
Additionally, MOG saw an 11.3% increase against the US dollar in the last 24 hours. Ethereum Name Service (ENS) token followed closely with a weekly gain of 42.1%. The meme coin dogwifhat (WIF) saw its value rise by 38.4%, and akash network (AKT) jumped by 28.5%.
PENDLE/
USDT
on July 1, 2024.
Layerzero (ZRO) surged by 27.9%, while the meme coin bonk (BONK) achieved a 23.7% increase. Aave (AAVE) and brett (BRETT) also showed substantial gains of 23.5% and 22.5%, respectively, over the past week.
In terms of trading volume globally, excluding BTC, ETH, and stablecoins, solana (SOL) led with the highest volume for the week, followed by binance coin (
BNB
). XRP ranked third in trading volume, trailed by PEPE and WIF.
The week's significant decliner was pendle (PENDLE), which dropped by 10.3%, followed by lido dao (LDO) token with a 9% loss. Celestia (TIA) and ethena's ENA saw declines of 7.1% and 5.7%, respectively, over the week.
Other notable cryptocurrencies experiencing declines include SUI, RON, FET, SEI, and GNO. With the crypto market demonstrating signs of recovery, investors are attentively monitoring the performance trajectories of various digital assets.
What are your thoughts on this week's winners and losers in the cryptocurrency market? Share your perspectives and insights in the comments section below.