The weekly winners and losers of the Crypto market: POPCAT, FET, HNT and TON

• Popcat, Synthetic Superintelligence Alliance and SATS had been the most important winners final week.
• Helium, Toncoin and Notcoin had been the most important losers final week.

Latest developments surrounding Telegram have considerably affected the efficiency of Toncoin (TON) and Notcoin (NOT), making them among the many greatest losers within the crypto market.

Popcat, alternatively, has had a powerful efficiency this previous week and has develop into a frontrunner amongst memecoins.

Greatest winners

Popkat [POPCAT]

Evaluation of the Popcat [POPCAT] The each day worth chart exhibits vital spikes over the previous week, making this the most important winner. In line with knowledge from CoinMarketCapPOPCAT gained a powerful 77.43% over the week.

Supply: TradingView

The worth pattern evaluation exhibits that POPCAT began the week buying and selling round $0.40 and initially skilled a decline of greater than 7%. Nonetheless, this pattern rapidly reversed, beginning with a rise of greater than 7% the subsequent day.

Essentially the most notable uptrends occurred on Thursday, August 22 and Friday, August 23, the place the value rose 30.79% and 27.16% respectively.

By the top of the week, POPCAT’s worth had risen to round $0.75, following an extra improve of greater than 1%.

These vital spikes shifted the general pattern to bullish, as mirrored within the Relative Energy Index (RSI), which peaked above 60, indicating sturdy bullish momentum.

Popcat’s market cap is roughly $718 million on the time of writing. Nonetheless, buying and selling quantity has fallen by greater than 40%, to roughly $91.3 million.

Alliance for Synthetic Tremendous Intelligence [FET]

Alliance for Synthetic Tremendous Intelligence [FET] emerged as top-of-the-line performers of the week, with the second largest features.

Regardless of a gradual begin, buying and selling round $0.8 in the beginning of the week, FET noticed vital upward traits within the following days. By the top of the week, the value had risen to round $1.2, marking a big acquire.

In line with knowledge from CoinMarketCapFET noticed a 46.81% improve this week, pushed by these optimistic traits. This development additionally had a notable impression on market capitalization.

At first of the week, FET’s market capitalization was roughly $2.1 billion. Nonetheless, by the top of the week it had risen to roughly $3.1 billion, which stays on the time of writing.

Regardless of spectacular worth and market capitalization development, FET buying and selling quantity has declined. Presently, quantity is roughly $213 million, down over 20%.

SATS [1000SATS]

SATS (1000SATS) was the third highest gainer of the week, up 46.81%, in line with knowledge from CoinMarketCap. The worth pattern evaluation exhibits that SATS had a powerful begin to the week, buying and selling round $0.00028.

All through the week, the value rose steadily, culminating in a big spike on August 23. By the top of the week, SATS was buying and selling at round $0.0004.

This worth improve additionally had a notable impression on SATS’ market capitalization, which on the time of writing was roughly $826 million. Regardless of the sturdy efficiency, buying and selling quantity has declined.

Presently, SATS quantity is roughly $176 million, reflecting a decline of over 20%.

Greatest losers

Helium [HNT]

After having fun with two sturdy weeks, Helium (HNT) made a big decline to develop into the most important loser of the previous week with a decline of 17.66%.

The evaluation exhibits that HNT began the week on a adverse word, beginning at round $7.8 and falling to round $7.4 by the top of the primary day. The downtrend continued all through the week, finally dropping to round $6.5.

This decline additionally had a noticeable impression on Helium’s market capitalization. In the beginning of the week, the market cap was round $1 billion, however has since fallen by greater than 6%.

Moreover, HNT’s buying and selling quantity has additionally dropped considerably and is at the moment round $12.7 million – a drop of greater than 30%.

Tonmint [TON]

Evaluation of Toncoin [TON)] a each day chart exhibits a tumultuous week marked by vital worth volatility. The week began on a optimistic word for TON, with a rise of just about 7%, bringing the value to round $6.8.

Nonetheless, this preliminary upward momentum reversed sharply in direction of the top of the week.

Supply: TradingView

The chart exhibits a decline of over 11% on the finish of the week, with TON buying and selling round $5.9, making it the second highest loser of the week with a complete decline of over 14%, in line with extra knowledge from CoinMarketCap.

This sharp decline coincided with information surrounding the arrest of Telegram’s founder, which seemingly contributed to the adverse sentiment and sell-off. On the time of writing, the value of Toncoin has continued to fall, by over 9% to round $5.3.

Toncoin’s market capitalization has additionally been considerably affected, falling by round 17% to round $13 billion. Regardless of the value drop, buying and selling quantity elevated dramatically, by greater than 600% to roughly $1.9 billion.

This quantity spike signifies elevated buying and selling exercise, seemingly pushed by the information and subsequent market reactions. Furthermore, an evaluation of Toncoin’s Relative Energy Index (RSI) signifies that it’s in a bearish pattern and has entered the oversold zone.

Non-coin [NOT]

Non-coin [NOT]one other Telegram-related cryptocurrency, was considerably affected by the latest developments surrounding Telegram. In line with CoinMarketCap knowledge, Notcoin was the third greatest loser of the week, down round 12.19%.

The evaluation of Notcoin’s worth pattern exhibits that it began the week with an uptrend, buying and selling at round $0.011. Nonetheless, like Toncoin, Notcoin’s efficiency noticed a pointy decline later within the week.

On August 24, Notcoin skilled a decline of over 8%, dropping its worth to round $0.010. On the time of writing, NOT has fallen additional, down over 12%, and is at the moment buying and selling round $0.009.

This worth drop has additionally had a big impression on Notcoin’s market capitalization, which has fallen by greater than 20% within the final 24 hours and now stands at roughly $937 million.

Regardless of the value drop, Notcoin’s buying and selling quantity, just like that of Toncoin, has elevated by virtually 150%. On the time of writing, quantity is over $600 million, indicating elevated buying and selling exercise, seemingly in response to the latest information and market circumstances.