{"id":405044,"date":"2024-07-08T00:30:29","date_gmt":"2024-07-07T19:00:29","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=405044"},"modified":"2024-07-07T14:22:39","modified_gmt":"2024-07-07T08:52:39","slug":"crypto-market-weekly-review-07-july","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/crypto-market-weekly-review-07-july\/","title":{"rendered":"Crypto market&#8217;s weekly winners and losers \u2013 NOT, MANTRA, FTM, PENDLE"},"content":{"rendered":"<ul>\n<li><em><span style=\"font-weight: 400;\">MANTRA, MultiversX, and Notcoin were the biggest winners last week.<\/span><\/em><\/li>\n<li><em><span style=\"font-weight: 400;\">ORDI, Pendle, and Fantom ended the past week as the biggest losers.<\/span><\/em><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Mantra has dominated the gainers chart over the past week, leading the market with solid performance. In contrast, Pendle has struggled, remaining on the losers chart for a second consecutive week.\u00a0<\/span><\/p>\n<h2><b>Biggest winners<\/b><\/h2>\n<h3><b>Mantra (OM)<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">In a week characterized by general declines in the cryptocurrency market, <a href=\"https:\/\/ambcrypto.com\/binance-lists-mantra-dao-in-its-innovation-zone-while-some-cry-fraud\/\" target=\"_blank\" rel=\"noopener\">MANTRA<\/a> (OM) stood out with a notable gain.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to <a href=\"https:\/\/coinmarketcap.com\/currencies\/mantra\/\" target=\"_blank\" rel=\"noopener\">CoinMarketCap<\/a>, OM surged by 25.05% over the past week, securing its position as the top gainer. The price movement analysis revealed that OM started the week around $0.7 and gained momentum as the week progressed.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Despite experiencing some dips that momentarily drove its price below the week&#8217;s starting point, it closed the week trading above $0.8.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As the new week began, OM continued its upward trajectory, trading around $0.9. Its market capitalization has also increased significantly, currently over $765 million, marking an 8% rise in the last 24 hours.\u00a0 <\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, its trading volume has decreased by over 20%, now at approximately 32.3 million.\u00a0<\/span><\/p>\n<h3><b>MultiversX (EGLD)<\/b><\/h3>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/ambcrypto.com\/multiversx-makes-these-moves-to-reignite-its-ailing-defi-ecosystem\/\" target=\"_blank\" rel=\"noopener\">MultiversX<\/a> (EGLD) finished the week as the second-largest gainer in the market, with data from CoinMarketCap indicating a 20.66% increase by the week&#8217;s end.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The analysis of its price trend revealed that EGLD started the week trading at approximately $28.8 and closed near $35 despite experiencing some fluctuations. Overall, the asset displayed more uptrends than declines throughout the week.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">EGLD&#8217;s price movements were characterized by sharp spikes, a notable feature of its weekly trading pattern. As of this writing, it was trading at around $34.1.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The market capitalization of EGLD has risen to over $927 million, with a 2% increase in the last 24 hours. However, it&#8217;s important to note a significant reduction in trading volume, which has declined by almost 50%, now at nearly $34 million.\u00a0<\/span><\/p>\n<h3><b>Notcoin (NOT)<\/b><\/h3>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/ambcrypto.com\/why-is-notcoin-dropping-examining-the-role-of-bitcoin-telegram\/\" target=\"_blank\" rel=\"noopener\">Notcoin<\/a> (NOT) represented a significant shift on the weekly gainers&#8217; chart, where it followed MultiversX as the next cryptocurrency in line but with single-digit gains initially.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Analysis of <a href=\"https:\/\/ambcrypto.com\/notcoin-buyers-is-this-the-perfect-time-to-go-long\/\" target=\"_blank\" rel=\"noopener\">NOT&#8217;s<\/a> price chart revealed that it started the week with a nearly 6% gain, trading at around $0.014. However, it faced a series of declines in subsequent trading sessions, culminating in a more than 9% drop by 5th July. At the end of that trading session, its price was about $0.010.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Despite these setbacks, a major rally towards the end of the week reversed its fortunes dramatically. NOT&#8217;s price surged by 28.61%, pushing it back into the winners&#8217; chart and closing the week at around $0.013.\u00a0<\/span><\/p>\n<figure id=\"attachment_405052\" aria-describedby=\"caption-attachment-405052\" style=\"width: 1793px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/NOTUSDT_2024-07-07_08-13-16.png\"><img decoding=\"async\" class=\"wp-image-405052 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/NOTUSDT_2024-07-07_08-13-16.png\" alt=\"Notcoin price trend\" width=\"1793\" height=\"739\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/NOTUSDT_2024-07-07_08-13-16.png 1793w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/NOTUSDT_2024-07-07_08-13-16-300x124.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/NOTUSDT_2024-07-07_08-13-16-1024x422.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/NOTUSDT_2024-07-07_08-13-16-768x317.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/NOTUSDT_2024-07-07_08-13-16-1536x633.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/NOTUSDT_2024-07-07_08-13-16-1200x495.png 1200w\" sizes=\"(max-width: 1793px) 100vw, 1793px\" \/><\/a><figcaption id=\"caption-attachment-405052\" class=\"wp-caption-text\">Source: TradingView<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">As of this writing, NOT was trading at around $0.014, marking an additional increase of over 15%. This rebound is accompanied by a significant uptick in trading activity, with its volume increasing by more than 150% in the last 24 hours to over 877 million. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Furthermore, its market cap has surged by over 44%, reaching over $1.5 billion. This made it the only asset among the top three gainers with a market cap in the $1 billion range.<\/span><\/p>\n<h2><b>Biggest losers<\/b><\/h2>\n<h3><b>ORDI (ORDI)<\/b><\/h3>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/ambcrypto.com\/ordis-30-hike-in-7-days-is-there-a-reason-behind-its-recent-rally\/\" target=\"_blank\" rel=\"noopener\">ORDI<\/a> (ORDI) experienced a significant downturn last week, leading the losers&#8217; chart with a 23.26% decline, according to <a href=\"https:\/\/coinmarketcap.com\/currencies\/ordi\/\" target=\"_blank\" rel=\"noopener\">CoinMarketCap<\/a>. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The data revealed that ORDI began the week trading around $38 but consistently trended downward from that point. The most dramatic drop occurred around 5th July, when its price plummeted from approximately $32 to about $27.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Despite a slight recovery later in the week, ORDI closed at around $30.7, which was insufficient to remove it from the losers&#8217; list. As of this writing, it continued to trade within the $30 range.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The market cap of <a href=\"https:\/\/ambcrypto.com\/ordi-how-did-bitcoins-halving-runes-launch-impact-this-altcoin\/\" target=\"_blank\" rel=\"noopener\">ORDI<\/a> has risen slightly by over 4% to more than $630 million, suggesting some level of buying interest despite the recent price drops. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, trading volume has decreased significantly by over 28% to around $124.3 million.<\/span><\/p>\n<h3><b>Pendle (PENDLE)<\/b><\/h3>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/ambcrypto.com\/crypto-markets-weekly-winners-and-losers-mog-kas-pendle-wld\/\" target=\"_blank\" rel=\"noopener\">Pendle<\/a> (PENDLE) continues to struggle in the market, marking its second consecutive week of significant losses. With a 22.45% decline, it was the second-biggest loser of the week. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The data indicates that PENDLE started the week at around $5 and initially attempted some slight gains.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, it soon succumbed to a downward trend and remained in decline throughout the week, ultimately closing at approximately $4.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As the new week begins, PENDLE&#8217;s price has decreased to around $3.8. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Despite this continued price decline, there has been a somewhat unexpected development in its market valuation; the market cap has risen slightly, now exceeding $592 million, showing an increase of over 1% in the last 24 hours.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Trading volume for PENDLE stands at around $65 million, which has decreased by almost 10%.\u00a0<\/span><\/p>\n<h2><b>Fantom (FTM)<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Analysis of <a href=\"https:\/\/ambcrypto.com\/fantom-outruns-bear-market-with-a-12-surge-next-stop-1\/\" target=\"_blank\" rel=\"noopener\">Fantom<\/a> (FTM) on a daily time frame indicated that it began positively during the past week. It traded at around $0.58, with an 8.80% increase. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, the asset faced significant setbacks on 3rd and 4th July, experiencing declines of 14.71% and 11.53%, respectively, which brought its price down to approximately $0.44.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Toward the end of the week, FTM managed a modest recovery with a 6.41% increase, pushing its price to around $0.45. However, more was needed to offset the earlier losses.<\/span><\/p>\n<figure id=\"attachment_405053\" aria-describedby=\"caption-attachment-405053\" style=\"width: 1793px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/FTMUSDT_2024-07-07_08-50-39.png\"><img decoding=\"async\" class=\"wp-image-405053 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/FTMUSDT_2024-07-07_08-50-39.png\" alt=\"Fantom price trend \" width=\"1793\" height=\"739\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/FTMUSDT_2024-07-07_08-50-39.png 1793w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/FTMUSDT_2024-07-07_08-50-39-300x124.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/FTMUSDT_2024-07-07_08-50-39-1024x422.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/FTMUSDT_2024-07-07_08-50-39-768x317.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/FTMUSDT_2024-07-07_08-50-39-1536x633.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/FTMUSDT_2024-07-07_08-50-39-1200x495.png 1200w\" sizes=\"(max-width: 1793px) 100vw, 1793px\" \/><\/a><figcaption id=\"caption-attachment-405053\" class=\"wp-caption-text\">Source: TradingView<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">According to CoinMarketCap, these movements resulted in Fantom ending the week as the third-biggest loser, with an overall decline of 20.95%. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Its market capitalization stood at around $1.2 billion, reflecting a downturn in value. Furthermore, the trading volume also decreased, totaling about $118.6 million, indicating reduced trading activity.\u00a0<\/span><\/p>\n<p>&nbsp;<\/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":405062,"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-405044","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 v28.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Crypto market&#039;s weekly winners and losers \u2013 NOT, MANTRA, FTM, PENDLE - 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