While bitcoin is up 4.6% this past week and ethereum gained 5.2% over the seven day run, a large number of crypto assets saw double-digit weekly gains and some managed to capture triple-digit rises. The leaders of the pack this week included GOAT and APE which rose 191% to 102% respectively.
While Bitcoin Remained Steady, These Altcoins Exploded With Double and Triple-Digit Gains
This week around 16 coins saw double and triple digit gains and out of the group only two rose to the triple-digit range. The AI-crafted goatseus maximus (GOAT) rose 191% against the U.S. dollar and ape coin (APE) saw a 102% increase over the past week.
Following APE’s lead was GIGA which jumped 30.27% and the world’s oldest meme coin dogecoin (DOGE) jumped 26.24%. Other notable gainers this week included DYDX, MEW, METIS, SCR, and RAY rising between 16.94% to 25.54%.
The crypto economy today stands at $2.35 trillion and the top coins with the most volume this week (excluding BTC, ETH, and stablecoins) included SOL, DOGE, BNB, APE, XRP, PEPE, SUI, WIF, MEW, and SHIB. Not all coins saw decent gains this week and SAGA was the biggest loser shedding 16.29%.
Other notable losers include ROOT down 15.12%, NEIRO down 14.30%, TAO down 12.37% and W shed 11.67% this week. SPX, WIF, MKR, and SEI all saw losses between 9.89% to 11.18%.
The varied performance of crypto assets this week highlights the sector’s dynamic nature in recent times, with several altcoins experiencing substantial gains, while others faced steep declines.
GOAT and APE stood out, significantly outperforming the market, while coins like SAGA and ROOT struggled. These contrasts highlight the fluctuating fortunes within the broader crypto economy over the past few weeks.
