- ORDI, Stacks and Kaspa were the biggest winners of the week.
- Beam, Celestia and Lido DAO topped the losers list for the week.
Like ORDI [ORDI]Piles [STX]and Kaspa [KAS] were the best players of the week, while Beam [BEAM]Celestia [TIA]and Lido DAO [LDO] at the top of the other side of the ladder.
The biggest winners
HORDES [ORDI]
ORDI’s daily price trend analysis revealed interesting positive trends.
Although ORDI’s positive run began on the second day of the week, it has seen consistent uptrends since its initial price increase.
It started the week with a 4.56% drop, bringing the price of ORDI down from around $47.50 to around $45.00. However, this setback was quickly overcome as the asset began to rise steadily.
The chart revealed two significant price movements that triggered the ORDI uptrend. On June 3, ORDI saw an increase of more than 6%, bringing its price back to the $47 mark.
The following day, it saw an impressive 17% increase, pushing its price above $55.
At the end of the week, ORDI was trading at nearly $59.
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 up an additional 4%, pushing its price above $61. Its market capitalization reached almost 1.3 billion dollars.
However, deal volume fell by around 30% to settle at around US$314 million.
Piles [STX]
According to CoinMarketCap, STX posted its second biggest gain of the week with an impressive increase of more than 22.5% over the past seven days.
AMBCrypto analysis showed that Stacks started the week on a negative note, trading around $1.80. However, it has gained momentum since June 3 and has seen consistent uptrends.
The chart indicated that STX reached a high of around $2.48 at one point in the week. It was trading around $2.24 at the end of the week.
At the time of writing, STX is up slightly to around $2.27.
Additionally, the data indicated that Stacks had a market cap of around $3.3 billion at the time of writing, although it has fallen over the past 24 hours.
Its trade volume has also dropped by more than 50% in the last 24 hours, settling at around $145 million.
Kaspa [KAS]
Analysis of KAS by AMBCrypto revealed that it started the week at around $0.14 and started its upward trend on the first day.
The chart showed that KAS continued to rise, reaching a range of $0.19 at one point in the week. However, it has fallen since then, trading around $0.16 at the end of the week.
Despite the decline, CoinMarketCap data showed that Kaspa (KAS) was the third biggest gainer of the week, up over 15%. At the time of writing, it was still trading around the $0.16 price range.
The data also indicated that its market capitalization was around $3.8 billion, although it was down more than 5%.
Similarly, its trading volume has seen a significant drop of more than 40% in the last 24 hours, settling at around $67 million.
The Biggest Loser
Beam [BEAM]
AMBCrypto’s look at the BEAM price chart revealed a lack of positive trends. BEAM started the week at around $0.27 and saw consecutive declines throughout the week.
By the end of the week, its price had fallen to around $0.22. According to CoinMarketCap, BEAM was the week’s biggest loser, down roughly 20.8%.
At the time of writing, BEAM was trading at around $0.23 with a market cap of around $1.1 billion, down over 3%.
Its business volume decreased by more than 40%, settling at around $13.8 million.
Celestia [TIA]
Celestia was closer to the earth than the stars. According to AMBCrypto analysis, TIA started the week on a positive note, trading around $11.46.
However, it saw subsequent declines and fell to around $9.10 by the end of the week.
According to CoinMarketCap data, the drop placed TIA as the second biggest loser of the week, losing over 20% in value over the past seven days.
At the time of writing, TIA was still trading in a price range of $9.10. Its market capitalization has fallen by more than 6% in the past 24 hours to around $1.7 billion.
In addition, deal volume fell by around 50% to around $75 million.
Lido DAO [LDO]
Lido DAO, according to its daily time frame, started the week around $2.30. The chart indicated that it started with a 3.56% decline that continued throughout the week.
By June 7, LDO fell to around $2.00 and broke the support line (yellow line). It ended the week trading at around $1.90 after a 4.8% decline and is now trading below the support level.
LDO decay it also moved its Relative Strength Index (RSI) to 40, indicating a strong bearish trend. According to CoinMarketCap, LDO posted its third biggest loss of the week, down more than 19%.
Source: TradingView
Its market capitalization has fallen by more than 5% in the last 24 hours to around $1.7 billion. Its business volume is down more than 20% to around $143 million at press time.
Conclusion
Here’s a weekly recap of the biggest winners and losers. It is important to keep in mind the volatile nature of the market, where prices can change quickly.
Therefore, it is best to do your own research (DYOR) before making any investment decision.