The entire crypto market has shown a bullish trend for the past week, with the market cap increasing 16.55% to $3.03T. The total volume (7 days) reached $192.37B, an increase of 50.23%, and the Fear and Greed Index indicates extreme greed with a value of 84. This shows the market is greedy for profits and hopes to make huge profits during this bullish trend. Furthermore, Bitcoin’s dominance has reached 59.61%, while altcoin’s dominance is about 40.39%.
The top trending coin of this week is Floki (FLOKI), which increased by 80.45% over the last seven days and 11.5% in the past 24 hours. It reached a price of $0.0002504 at press time and has a market cap of $2.40B and a volume (24h) of $1.53B, a rise of 47.97%.
Among the trending coins, following just behind the top coin, is BOOK OF MEME (BOME), which has increased by 25.22% in the last week. The coin price has reached $0.0105 at the time of writing, and its volume has declined by 18.98%, reaching $595.43M.
Other trending coins include Neiro, ConstitutionDAO (PEOPLE), and Peanut the Squirrel (PNUT). NEIRO has surged by 103.19% over the past week, reaching $0.002227, while PEOPLE has risen by 7.05%, hitting $0.06524 at the time of writing. Lastly, PNUT has experienced a massive surge of over 2341% in the past week, reaching $1.86 at press time.
Top Meme Coin Gainers This Week: PNUT, PEPE, DOGE, and BRETT
Among the top gainers of this week, the first place goes to Peanut the Squirrel, which has risen by over 2380% in over a week. Following closely behind is PEPE, with an increase of 104%, reaching $0.00002185, and BRETT, whose price has increased by 93%, hitting $0.1735 at press time. The last two top gainers are Bonk and Dogecoin, which has risen by 90% and 83% in a span of seven days.
There are also coins that have declined in this bullish trend, such as Aave, Raydium, Helium, Monero, and Lido DAO. These coins have declined in price by 10% to 20% despite the broader market’s bullish momentum because of factors like reduced demand and project-related issues.
