Crypto market’s weekly winners and losers – PEPE, FLOKI, SHIB, BCH 

• Pepe Floki Shiba Inu were the top three gainers of the past week.
• Kaspa Bitcoin Cash and Bitget Token were among the worst performers for the past week.

Meme coins has once again proven its profitability, generating significant gains in yet another week.

But, Bitcoin [BTC] While its fork continued to hit new highs, it failed to duplicate the same success.

Bitget Token also struggled to recover the losses from the previous week. Kaspa was a notable loss.

Winners of the biggest prizes

Pepe

Pepe [PEPE] According to reports, has emerged as the top meme coin and week’s biggest gainer. CoinMarketCap. The asset showed a stunning gain of 123% in the last seven days.

If you look closely at the price trends, it is clear that the week started strong with a 35.39 % increase. On the 8th of March, it experienced a second surge with a 32.31 % increase.

Even though there were some declines, they did not overshadow the gains made for the entire week.

Source: Trading view

The time this is written, Pepe The stock market was up by approximately 2.6%, bouncing back from a decline of 2.7% at the end the previous week.

CoinMarketCap showed that the market cap of PEPE was $3.2 billion at the start of the week. The market cap of PEPE increased to more than $3.7 billion by the end week.

Floki Inu

Floki Inu is the second biggest winner of the week. It boasts an increase of more than 80%. CoinMarketCap.

AMBCrypto’s Analysis of FLOKI’s Price trend showed that week started out with a positive price on the 3rd, at around $0.00014.

Although the price continued to fall in the days that followed, the breakthrough was made on 8th March, when it surged by 66.35 %, reaching $0.0002. 

This was a particularly significant surge, as it was the first time that it had experienced such a substantial rise in its history.

Floki Inu had a market capitalization of almost $2.3 Billion at the time this was written. Its trading was down less than 1%.

Shiba inu

Shiba Inu [SHIB] According to a report by CoinMarketCap.

AMBCrypto analysis of SHIB The market capitalization of the top meme coins was $20.6 billion, which is the highest among all other coins.

Shiba Inu only experienced gains for two of the seven days in a week, according to price analysis. 

The gains were substantial enough to overshadow any losses. SHIB’s gains on the 4th and 8th March were notable.

Biggest losers

Kaspa

Kaspa [KAS] According to a report by CoinMarketCap. The analysis of the price showed that it started around $0.15.

During the week it dropped to as low as $0.14. The price was $0.14 by the end of the week. 

The accompanying graph showed an increase of volume during the week. It started at about $63 millions and rose to over $100 Million.

The price decrease suggests that sellers are largely responsible for the increase in volume. The volume at the time this was written was approximately $88 million with a price of $0.15.

Bitcoin Cash

Bitcoin has seen a bullish movement in the last few weeks. Bitcoin Cash [BCH] BTC only shares its name, but not the trend.

According to CoinMarketCap, Bitcoin Cash The second highest loss was 9.41%, which is the lowest for the entire week.

AMBCrypto analyzed its price trend and found that BCH was trading at $471. This week began with a price drop of more than 6%. 

Source: Trading view

On the 5th March, its price dropped to about $401.

The price of the car was around $433 despite attempts to recover in the days following.

As of the date of this article, its market capitalization was $8.6 Billion, with a volume of $523 Million in 24 hours.

Bitget Token

Bitget Token [BGB] Another appearance in the list of major losers this week as per CoinMarketCap data.

BGB suffered a drop of nearly 8% over the past seven days, making it the third largest loser.

AMBCrypto analysed its price trends and determined that the week began at approximately $0.92. However, the trend was mixed throughout the entire week. It had fallen to $0.8 by the end of last week.

Also, as of the date of this article, its current market cap is about $1.2 Billion, with a daily volume of around $35 Million.

The conclusion of the article is: 

Here is the recap of the week’s biggest winners and losers. You must always be aware of the volatility in the market. Prices can move rapidly.

It is important to be aware of the importance of doing your homework. own Research (DYOR), before making any investment decision.