CoinDesk ReportSlate reports:
MANTRA, MultiversX, and Notcoin emerged as last week’s biggest gainers. ORDI, Pendle, and Fantom were the largest losers over the past week.
MANTRA (OM)
During a generally bearish week in the cryptocurrency market, MANTRA (OM) stood out with a significant rise. According to CoinMarketCap, OM increased by 25.05% over the past week, consolidating its leading position. Price analysis shows OM started around $0.7 and strengthened throughout the week, closing above $0.8.
Starting the new week, OM continues its upward trend, trading at approximately $0.9. Its market capitalization has grown substantially to over $765 million, up 8% in the last 24 hours. However, trading volume has dropped by over 20%, currently around $32.3 million.
MultiversX (EGLD)
MultiversX (EGLD) closed the week as the second largest gainer, with a 20.66% increase according to CoinMarketCap. Opening around $28.8, EGLD experienced fluctuations but closed near $35. Its notable price surge characterizes its weekly trading pattern, currently around $34.1. Market cap stands at over $927 million, up 2%, though trading volume dropped nearly 50%, now close to $34 million.
Notcoin (NOT)
Notcoin (NOT) made a significant turnaround on the gainers’ list, closely following MultiversX. Initially up by nearly 6%, it faced subsequent declines until July 5, dropping over 9% to $0.010 by day’s end. A dramatic rebound over the weekend boosted NOT by 28.61%, closing at $0.013. Currently trading at $0.014, it marks a 15% increase. Trading activity surged over 150% in the past 24 hours, with transactions exceeding 877 million.
ORDI (ORDI)
ORDI (ORDI) led the losers with a 23.26% decline last week. Opening near $38, it dropped to around $27 on July 5, closing the week near $30.7. Market cap slightly rose to over $630 million, up over 4%, despite a 28% decrease in trading volume to about $124.3 million.
Pendle (PENDLE)
Pendle struggled for the second consecutive week, with a 22.45% drop. Opening near $5, it closed around $4 and started the new week at about $3.8. Market cap slightly rose to over $592 million, up over 1%, with trading volume down nearly 10% to about $65 million.
Fantom (FTM)
Fantom (FTM) started positively last week, rising by 8.80% to around $0.58, but faced setbacks on July 3 and 4, dropping 14.71% and 11.53% respectively. It recovered moderately by 6.41% over the weekend to approximately $0.45. With an overall decline of 20.95% last week, Fantom’s market cap is around $1.2 billion, reflecting decreased value. Trading volume totaled approximately $118.6 million, indicating reduced activity.