Top Gainers in the Crypto Market Last Week
Which altcoins soared to the top of the crypto market charts last week, with two meme tokens leading the charge? Let's dive in!
Bonk (BONK)
Starting the week on a subdued note, Bonk's fortunes soon took a dramatic turn. Cryptocurrency price analysis indicates that it commenced the week trading around $0.000020.
However, a remarkable uptrend ensued throughout the week, with BONK reaching a high of $0.00029 on April 25. By week's end, it was hovering around $0.00025. According to CoinMarketCap data, Bonk secured the week's highest gain, an impressive rise of over 28.4%. At the time of writing, it trades at approximately $0.00027, with a market cap exceeding $1.7 billion, a surge of more than 10% in the past seven days.
Pepe (PEPE)
Another meme token, Pepe, also experienced a surge in value last week. Data from 21milyon.com reveals that it recorded the second-highest gain, an impressive growth of over 26.5%. Price movement analysis mirrors that of BONK. It began the week trading at $0.0000059, but gained momentum, reaching approximately $0.0000070 by weekend's end. Further analysis indicates that this price increase has boosted its market value by over 8%, reaching around $3.2 billion at the time of writing. Pepe continues to trade with an additional price increase, suggesting that the positive momentum is ongoing.
Hedera (HBAR)
Hedera (HBAR) secured the third-highest gain last week, with data indicating a rise of nearly 19%. This price surge was particularly notable due to confusion surrounding its connection with Blackrock throughout the week. Daily time frame chart analysis shows that HBAR began the week with a 3% increase, trading around $0.089. However, on April 23, HBAR witnessed a significant price increase of over 73%, reaching approximately $0.15, linked to news regarding Blackrock tokenization. Nevertheless, its price experienced a rapid decline of over 20% on April 24, dropping to $0.12. By the weekend, it had fallen further to $0.10.
The article originally appeared on COINTURK NEWS: Top Gainers in the Crypto Market Last Week