This week, WLD token from the Worldcoin project soared by 142.7% against the U.S. dollar, topping the chart as the week’s most significant gainer. Hot on its heels was the digital currency bitget token (BGB), which saw an increase of just over 58% in the past week. Conversely, Astar (ASTR) experienced a decline of 6.4%, marking the week’s most substantial loss.
The Week’s Biggest Crypto Gainers and Losers
Currently, the crypto market is valued at $1.96 trillion, with the last 24 hours witnessing $59.19 billion in transactions across both centralized and decentralized cryptocurrency exchanges. In terms of trading volume this week, aside from USDT, BTC, ETH, FDUSD, and USDC, other leading coins included SOL, BNB, and WLD.
Worldcoin (WLD) alone accounted for $688 million in trading volume over the past 24 hours, rising 142.7% this week against the U.S. dollar and climbing to the 91st spot in market capitalization rankings. Bitget token (BGB) enjoyed a 58.1% uplift, while siacoin (SC) increased by 54.2%. Vechain (VET) and the graph (GRT) also saw substantial gains of 51.9% and 45.4%, respectively, over the last week.
Other significant gainers included SEI, STX, AR, FET, RNDR, BLUR, and BEAM, with over 40 tokens registering double-digit increases. Notably, WLD was the lone token to achieve triple-digit growth, with both WLD and BGB reaching new all-time highs this week.
The week’s losses were minimal, with ASTR leading after a 6.4% drop. A total of nine distinct cryptocurrencies, including ASTR, TIA, BSV, BCH, LINK, LTC, OSMO, WEMIX, and KCS, recorded losses. Despite this, the surge in altcoins suggests an approaching Altcoin Season, as indicated by the Altcoin Season Index on blockchaincenter.com.
A fleeting altcoin season occurred in January, spanning from the 14th to the 29th. The index currently stands at 67, with a score of 75 required to officially declare an “altcoin season.” Nevertheless, BTC continues to command the $1.96 trillion market with a 52% share, while ETH’s market capitalization represents 17.4% of the total value of the crypto economy.
Source: Bitcoin
