The past week in the cryptocurrency market saw some winners and losers, with Pendle, Lido DAO, and Ethereum Name Service emerging as the biggest gainers. On the other hand, zkSync, dogwifhat, and Notcoin were the biggest losers of the week. Pendle [PENDLE] experienced a positive swing in its market performance, gaining 15.48% over the week and closing at around $6.0. Lido DAO [LDO] also saw gains, finishing the week with a 7.86% increase despite some fluctuations in its price. Ethereum Name Service [ENS] closed the week with a 7.7% gain, making it the third-biggest gainer.
On the losing side, zkSync [ZK] faced a difficult debut week, with its price dropping by over 37% by the end of the week. Dogwifhat [WIF] also experienced significant declines, ending the week as the second-biggest loser with a decrease of over 28%. Notcoin [NOT] was the third-biggest loser of the week, experiencing a decline of over 25% in its price. Despite the losses, it’s important to note the volatile nature of the cryptocurrency market and the need for investors to do their research before making any investment decisions.
Pendle [PENDLE] started the week on a positive note, with its price fluctuating between $4.8 and $6.2 before closing the week around $6.0. Lido DAO [LDO] saw some fluctuations in its price as well but managed to end the week with a 4.9% decline. Ethereum Name Service [ENS] faced some setbacks during the week but closed with a 7.7% gain. Notably, LDO’s Relative Strength Index (RSI) indicated that it remains in a bull trend despite the recent declines, suggesting a relatively weak trend.
zkSync [ZK] had a challenging debut week, with its price dropping rapidly throughout the week to approximately $0.18 by the end of the week. Dogwifhat [WIF] started the week with a brief rise but faced consecutive declines, ending the week at around $1.74. Notcoin [NOT] started the week at around $0.02 but ended with a price of approximately $0.015, marking a decline of over 25%. The market capitalization and trading volume of these cryptocurrencies also fluctuated during the week, showing the impact of market forces on their performance.
