{"id":393146,"date":"2024-05-20T00:30:16","date_gmt":"2024-05-19T19:00:16","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=393146"},"modified":"2024-05-29T11:37:32","modified_gmt":"2024-05-29T06:07:32","slug":"crypto-market-weekly-review-19-may","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/crypto-market-weekly-review-19-may\/","title":{"rendered":"Crypto market&#8217;s weekly winners and losers \u2013 LINK, BONK, WLD, WIF"},"content":{"rendered":"<ul>\n<li><em><span style=\"font-weight: 400;\">Fantom, Chainlink, and Bonk were the biggest winners of the week.<\/span><\/em><\/li>\n<li><em><span style=\"font-weight: 400;\">Worldcoin, dogwifhat, and Etherna had the biggest losses of the week.<\/span><\/em><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/ambcrypto.com\/category\/bonk-coin-news\/\" target=\"_blank\" rel=\"noopener\">Bonk [BONK]<\/a> remained one of the top gainers for another week, while <a href=\"http:\/\/ambcrypto.com\/category\/chainlink-news\/\" target=\"_blank\" rel=\"noopener\">Chainlink [LINK]<\/a> made a comeback after being absent for a long time. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">In contrast, <a href=\"http:\/\/ambcrypto.com\/worldcoin-soars-past-6-but-bulls-are-concerned-about-this\/\" target=\"_blank\" rel=\"noopener\">Worldcoin [WLD]<\/a> had a poor week, landing it among the biggest losers, and dogwifhat did not perform well enough to be among the gainers.<\/span><\/p>\n<h3><b>Biggest winners\u00a0<\/b><\/h3>\n<h4><b>Fantom [FTM]<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">An analysis of <a href=\"http:\/\/ambcrypto.com\/fantom-outruns-bear-market-with-a-12-surge-next-stop-1\/\" target=\"_blank\" rel=\"noopener\">Fantom [FTM]<\/a> showed that it started the week low but ended high. On the 12th of May, it was priced at around $0.70. It then declined over the next few days, reaching a low of about $0.64. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, starting on the 15th of May, the price began to rise and returned to the $0.70 range by the end of the day. By the end of the week, its price had climbed to around $0.89.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to data from <a href=\"https:\/\/coinmarketcap.com\/currencies\/fantom\/\" target=\"_blank\" rel=\"noopener\">CoinMarketCap<\/a>, Fantom&#8217;s price increased by nearly 26% over the last seven days, making it the highest gainer. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">At the time of this writing, it was trading at around $0.89, with a market cap exceeding $2.5 billion, up by over 6%.<\/span><\/p>\n<h4><b>Chainlink [LINK]<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">AMBCrypto&#8217;s analysis of <a href=\"http:\/\/ambcrypto.com\/as-bitcoin-dominance-drops-chainlink-exploits-the-market-shift-how\/\" target=\"_blank\" rel=\"noopener\">Chainlink [LINK]<\/a> on a daily time frame chart showed that it began the week with an almost 2% increase, reaching around $13.50. However, it declined over the next two days to about $12.90.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> Then, consecutive significant bounces\u2014a 6.8% increase followed by an almost 12% rise\u2014pushed its value to around $15.50. By the end of the week, it was trading at approximately $16.30.\u00a0<\/span><\/p>\n<figure id=\"attachment_393148\" aria-describedby=\"caption-attachment-393148\" style=\"width: 1491px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/LINKUSD_2024-05-19_06-38-10.png\"><img decoding=\"async\" class=\"size-full wp-image-393148\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/LINKUSD_2024-05-19_06-38-10.png\" alt=\"Chainlink price trend\" width=\"1491\" height=\"740\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/LINKUSD_2024-05-19_06-38-10.png 1491w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/LINKUSD_2024-05-19_06-38-10-300x149.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/LINKUSD_2024-05-19_06-38-10-1024x508.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/LINKUSD_2024-05-19_06-38-10-768x381.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/LINKUSD_2024-05-19_06-38-10-1200x596.png 1200w\" sizes=\"(max-width: 1491px) 100vw, 1491px\" \/><\/a><figcaption id=\"caption-attachment-393148\" class=\"wp-caption-text\">Source: TradingView<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">According to CoinMarketCap, Chainlink was the second-biggest winner over the past seven days, with an almost 23% increase.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> The Relative Strength Index (RSI) indicated a strong bull trend, with an RSI of around 65. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">At the time of this writing, Chainlink was trading at approximately $16.70, reflecting an over 2% increase, and its market cap was around $9.7 billion.<\/span><\/p>\n<h4><b>Bonk [BONK]<\/b><\/h4>\n<p><span style=\"font-weight: 400;\"><a href=\"http:\/\/ambcrypto.com\/category\/bonk-coin-news\/\" target=\"_blank\" rel=\"noopener\">Bonk [BONK]<\/a> was the third-biggest gainer of the week, with an approximate 21.4% increase over the last seven days. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">It was the highest-ranking <a href=\"http:\/\/ambcrypto.com\/category\/memecoins\/\" target=\"_blank\" rel=\"noopener\">memecoin<\/a> gainer, marking a significant improvement from its status as one of the top losers the previous week. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">AMBCrypto&#8217;s look at <a href=\"http:\/\/ambcrypto.com\/solana-memecoins-bonk-bome-rise-but-what-about-wif\/\" target=\"_blank\" rel=\"noopener\">BONK<\/a> showed that it started the week at around $0.000022, dropped to a low of $0.000021 on the 13th of May, but then experienced consecutive uptrends. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">By the end of the week, it had risen to about $0.000026.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">BONK had further increased to around $0.000028 at the time of this writing. Its <a href=\"https:\/\/coinmarketcap.com\/currencies\/bonk1\/\" target=\"_blank\" rel=\"noopener\">market cap<\/a> was approximately $1.7 billion, having grown by over 12% in the last 24 hours. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Additionally, its trading volume exceeded $500 million, increasing over 150% in the last 24 hours.<\/span><\/p>\n<h3><b>Biggest losers<\/b><\/h3>\n<h4><b>Worldcoin [WLD]<\/b><\/h4>\n<p><span style=\"font-weight: 400;\"><a href=\"http:\/\/ambcrypto.com\/worldcoin-soars-past-6-but-bulls-are-concerned-about-this\/\" target=\"_blank\" rel=\"noopener\">Worldcoin [WLD]<\/a> typically sees a positive move following announcements from OpenAI, but the recent announcement didn&#8217;t have the same effect<\/span><span style=\"font-weight: 400;\">. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">WLD ended up as the week&#8217;s biggest loser, with a decline of over 16%. The daily time frame chart showed that it began the week with an almost 3% increase, reaching around $5.90.\u00a0<\/span><\/p>\n<figure id=\"attachment_393149\" aria-describedby=\"caption-attachment-393149\" style=\"width: 1491px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/WLDUSD_2024-05-19_07-14-26.png\"><img decoding=\"async\" class=\"size-full wp-image-393149\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/WLDUSD_2024-05-19_07-14-26.png\" alt=\"Worldcoin price trend \" width=\"1491\" height=\"740\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/WLDUSD_2024-05-19_07-14-26.png 1491w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/WLDUSD_2024-05-19_07-14-26-300x149.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/WLDUSD_2024-05-19_07-14-26-1024x508.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/WLDUSD_2024-05-19_07-14-26-768x381.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/05\/WLDUSD_2024-05-19_07-14-26-1200x596.png 1200w\" sizes=\"(max-width: 1491px) 100vw, 1491px\" \/><\/a><figcaption id=\"caption-attachment-393149\" class=\"wp-caption-text\">Source: TradingView<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">However, it declined by over 5.2% on the 13th of May and dropped another 15.28% on the 14th of May, bringing its value down to about $4.70. Over the next few days, it struggled to reclaim the $5 region.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> At the time of this writing, it was trading at approximately $4.90. The Relative Strength Index (RSI) indicated a bear trend, being below neutral. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">WLD&#8217;s market cap was around $1 billion at press time, having declined by almost 1%.<\/span><\/p>\n<h4><b>dogwifhat [WIF]<\/b><\/h4>\n<p><span style=\"font-weight: 400;\"><a href=\"http:\/\/ambcrypto.com\/dogwifhat-price-prediction-is-5-still-on-the-cards-for-wif\/\" target=\"_blank\" rel=\"noopener\">dogwifhat [WIF]<\/a> was the second-biggest loser of the week, with a decline of over 13%, according to <a href=\"https:\/\/coinmarketcap.com\/currencies\/dogwifhat\/\" target=\"_blank\" rel=\"noopener\">CoinMarketCap<\/a>. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The price analysis showed that it started the week at around $2.90 and rose to about $3.20 on the 13th of May. However, it couldn&#8217;t maintain positive momentum and declined to $2.50 by the end of the week. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">At the time of this writing, it was trading at around $2.60. Its market cap was approximately $2.6 billion, declining over 6% in the last 24 hours.<\/span><\/p>\n<h4><b>Ethena [ENA]<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">Analysis of the <a href=\"http:\/\/ambcrypto.com\/ethena-should-you-bet-on-ens-after-its-97-surge\/\" target=\"_blank\" rel=\"noopener\">Ethena [ENA]<\/a>\u00a0 price chart showed consistent declines throughout the week. Although there were occasional uptrends, consecutive declines erased any gains made. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The chart indicated that ENA started the week at around $0.80 but fell to approximately $0.75 by the end of the week. At the time of this writing, it had further declined to about $0.73.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to <a href=\"https:\/\/coinmarketcap.com\/currencies\/ethena\/\" target=\"_blank\" rel=\"noopener\">CoinMarketCap<\/a>, ENA&#8217;s price decreased by over 13.5% in the last seven days. Its market cap was around $1.1 billion at the time of this writing.<\/span><\/p>\n<h3><b>Conclusion\u00a0<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Here&#8217;s the weekly recap of the biggest gainers and losers. It&#8217;s crucial to bear in mind the volatile nature of the market, where prices can shift rapidly.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Thus, doing your own research (DYOR) before making any investment decisions is best.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here is how some of your favorite assets concluded the week.<\/p>\n","protected":false},"author":76,"featured_media":393155,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,66,3,4,20],"tags":[6427],"class_list":["post-393146","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-new-news","category-news","category-social","category-trading-view","tag-ambcrypto"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Crypto market&#039;s weekly winners and losers \u2013 LINK, BONK, WLD, WIF - 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