Weekly Crypto market winners and losers – AAVE, MOG, RNDR, WIF

• Mogcoin, Aave, and Ronin were the biggest winners last week.
• Render, dogwifhat, and Akash Network suffered major losses last week.

Cat-themed memecoin topped the gainers chart this past week, while dog-themed memecoin was among the losers. Despite this, the market as a whole had more gains than losses, reflecting the overall positive trend of the period.

Big winners

Mog Coin (MOG)

Mog Coin [MOG] emerged as the dominant player last week, according to CoinMarketCap ranking data. It ended the week with a notable gain of 32.51%, cementing its position as the biggest gainer of the week.

Despite a shaky start, where it opened the week at about $0.0000013 and declined until the 9th of July, Mogcoin saw a big change. From July 9 onwards, the price started to rise, closing the week at around $0.0000015.

At the time of writing, Mogcoin was trading at approximately $0.0000019. Its market capitalization has exceeded $683 million, which represents an increase of 18% in the last 24 hours alone.

AAVE (AAVE)

A ghost [AAVE] appeared as the second largest gainer last week, according to data from CoinMarketCap, with an impressive increase of 25.30%.

The journey was not easy; started the week with a decline of almost 6%, trading at around $78.27. However, the next day, Aave saw a gain of over 4% and continued to gain throughout the week, ending at around $99.26—an increase of over 1.8% for day.

Further analysis using the Relative Strength Index (RSI) highlights this growth, indicating a shift from bearish to bullish trading patterns. Initially, Aave’s RSI was close to 37, but by the end of the week, it had risen to 62, which strongly indicates a strong trading trend.

In addition, Aave managed to break through its short and long-term moving averages (yellow and blue lines), which previously served as resistance levels.

As of this writing, Aave was trading at around $100. Its market capitalization has grown to more than $1.5 billion, marking an increase of more than 3% in the last 24 hours. Business volume was also strong, with more than $108 million.

Ron’s (RON)

Ronin [RON] ranked as the third richest person of the week, with a notable increase of more than 22%, according to data from CoinMarketCap. The week got off to a shaky start for Ronin, opening around $1.7 and dropping to $1.6 the next day.

However, the price started to rise from the third day of the week, resulting in a closing price of about $2.12 at the end of the week.

As of this writing, Ronin was trading at around $2.15 and boasts a market capitalization of over $721 million. Despite this strong market presence, its trading volume has seen a significant decline, dropping more than 50% in the last 24 hours, currently standing at more than $9 million.

The biggest losers

Provide (RNDR)

Give away [RNDR] is facing a difficult week, as evidenced by CoinMarketCap data which shows that it closed with a decrease of 8.85%, marking it as the biggest loser of the week.

The week started with RNDR trading around $6.7, but it went down from there. The lowest point was reached on July 12, when it fell to $5.7, before recovering slightly to close the week at around $5.9.

As of this writing, Render was trading at around $6.16. Its market capitalization was about $2.4 billion, as it saw a slight decline. Render’s trading volume has also decreased significantly, falling more than 31% in the last 24 hours to more than $96 million.

Dogwifhat

Dogwifhat [WIF]dog memecoin, which has a difficult week, is ranked as the second biggest loser with a decrease of 8.15%, according to CoinMarketCap data.

The coin faced a big drop at the beginning of the week, falling almost 17%, which reduced its price from $ 2 to $ 1.6.

Again, despite several small changes throughout the week, these were not enough to change the overall negative trend.

At the end of the week, WIF was able to recover a little, closing around $1.60 with an increase of 2.2% for the day. As of this writing, it was trading at around $1.67, representing an increase of over 4%.

However, its Relative Strength Index (RSI) was close to 40, indicating that it was still in a good position.

The market capitalization of WIF was about $1.6 billion. Trading volume has seen a drop of more than 9% in the last 24 hours, totaling more than $219 million.

Akash Network (AKT)

Akash Network [AKT] completed the top three losers of the week with a decline of 6.19%, according to data from CoinMarketCap.

Analysis of its price showed that it started the week at about $ 3.6 but it continues to fall. At the end of the week, the price of AKT had dropped to $3.4.

At the time of writing, AKT was trading around $3.45. Its market capitalization was over $842 million. In addition, there was a significant decrease in the amount of business, which decreased by about 40%, which is a total of more than $ 14 million.