- Flare, Pendle and Chainlink were the biggest gainers of the week.
- Jupiter, Manta Network and SATS were the biggest losers of the week.
This week brought both successes and setbacks to the cryptocurrency market. Here is AMBCrypto's list of the biggest winners and losers from January 28 to February 3.
Biggest winners
Flare
According to data from CoinMarketCapthe biggest winner of the week was Flare [FLR].
AMBCrypto's analysis of F.L.R. showed that it started the week on January 29, trading at around $0.022, and concluded on February 3 at around $0.027.
This upward trajectory represented an impressive gain of nearly 36%, marking the most significant increase of the week.
At the time of writing, FLR was trading around $0.028, reflecting a further increase of over 5%. Its market capitalization was around $928.5 million.
Earring
Earring [PENDLE] secured the position as the second biggest gainer of the week. It started the week with a trading value of around $2.57 and ended at over $2.9.
This notable increase represented an impressive gain of almost 22%. AMBCrypto analysis of the latest data also showed a market capitalization of around $673.6 million.
However, PENDLE has started the new week on the downside, trading at around $2.8 at press time and reflecting a decline of over 3%.
Link of the chain
Link of the chain [LINK] showed a remarkable performance throughout the week, starting at around $15 and concluding at over $17. This weekly gain, according to the analysis, amounted to around 21%.
At press time, LINK continued to trade at around $17.7, reflecting an increase of less than 1%. In particular, among those who earned the most, Link of the chain It had the largest market capitalization.
At the time of writing, its market capitalization was around $10.4 billion.
The biggest losers
Jupiter
Following its airdrop earlier in the week, Jupiter [JUP] It started trading at around $1.27. However, by the end of the week, the price had dropped to around $0.57, representing a substantial loss of over 65%.
At the time of writing this article, Jupiter It was trading at around $0.54, signaling the start of the new week with a loss of more than 5%. Its market capitalization was estimated at around $740.6 million.
Red Manta
AMBCrypto's analysis of Red Manta [MANTA] showed a promising start to the week as it was trading at around $3.7.
However, at the end of the week, the token saw a drop of over 28%, settling at around $2.9.
This downward trend has persisted at the time of writing, with BLANKET trading at around $2.6 at the time of this publication, reflecting a further drop of over 9%.
Its market capitalization stood at around $671 million, and the decline in value also affected its market capitalization.
SAT
Like other assets in this category, SAT [1000SATS] It started the week positively, trading at around $0.00051.
It saw further gains during the week and reached around $0.00054 before it began its decline on February 2. By the end of the week, she had retreated to approximately $0.00043, indicating a decline of over 19%.
This downward trend has persisted at the time of writing, with a further drop of over 9%. Furthermore, SATS's market capitalization was around $858.8 million at the time of writing.
Conclusion
Here's the weekly roundup of the biggest winners and losers. It is essential to take into account the volatile nature of the market, where prices can change quickly.
Therefore, it is best to do your own research (DYOR) before making any investment decisions.
