The cryptocurrency market has once again demonstrated its inherent volatility over the past week, with notable fluctuations among various assets. Helium (HNT), Pyth Network (PYTH), and Jupiter (JUP) emerged as the top gainers, showcasing impressive increases in their valuations. Conversely, Brett (BRETT), Lido DAO (LDO), and Notcoin (NOT) experienced significant declines. Here’s a comprehensive overview of the biggest winners and losers in the crypto space for the week.

Top Performers of the Week

Helium (HNT) – Leading the Charge

Helium (HNT) has been making waves in the cryptocurrency market with its remarkable performance this week. After beginning a positive trend around July 12, HNT’s price saw a substantial rise. The asset’s value increased by over 8% early in the week, climbing from about $4.50 to $4.80. Despite some short-term volatility and minor declines on a few days, Helium managed to close the week at approximately $5.50, marking an overall gain of 4.8%.

According to CoinMarketCap, Helium was the week’s top performer, achieving a total gain of 18.8%. At the time of writing, HNT is trading at around $5.30, experiencing a slight decrease of over 2% in the last 24 hours. Helium’s market capitalization has surpassed $860 million, with a trading volume of more than $17 million. The current Relative Strength Index (RSI) for HNT is above 70, suggesting a strong bullish trend but also indicating that the asset might be overbought.

Pyth Network (PYTH) – A Noteworthy Climb

Pyth Network (PYTH) also saw impressive gains this week, emerging as the second-largest gainer. Starting the week at approximately $0.36, PYTH faced several declines before experiencing a positive turnaround on July 26. By the end of the week, the price had risen to around $0.39 and continued to edge into the $0.40 range.

PYTH’s market capitalization stands at over $1.4 billion, reflecting a growth of over 3% in the past 24 hours. Despite a decrease in trading volume by about 18%, currently around $80 million, the upward price movement highlights strong investor interest and optimism surrounding Pyth Network.

Jupiter (JUP) – Recovering from Volatility

Jupiter (JUP) also had a notable week, showing resilience despite some initial volatility. The asset’s price began the week at around $1.00 but faced declines, dipping to about $0.90. However, Jupiter made a recovery, reaching a weekly high of $1.17 and closing the week at approximately $1.12.

CoinMarketCap reports that Jupiter was the third-largest gainer, with an over 8% increase. The trading volume for JUP exceeded $234 million, reflecting an impressive 80% rise in the last 24 hours. Jupiter’s market capitalization now exceeds $1.5 billion, marking a 4% increase over the same period. The positive performance underscores Jupiter’s strong position in the market.

Major Losers of the Week

Brett (BRETT) – Facing Declines

Brett (BRETT) had a challenging week, marked by a significant downturn in its price. The asset started the week at around $0.15 but saw a series of declines, ending the week with a price of approximately $0.12. According to CoinMarketCap, Brett experienced a substantial weekly decline of 18.14%, making it the biggest loser of the week.

Currently, BRETT’s price remains at $0.12 and continues to trend downward. The market capitalization stands at about $1.2 billion, showing a decrease of around 4% in the last 24 hours. Despite the price drop, the trading volume has increased by approximately 16%, reaching about $44 million.

Lido DAO (LDO) – Struggling to Maintain Momentum

Lido DAO (LDO) also encountered a rough week, experiencing a notable decline in its value. Starting at approximately $1.90, LDO followed a downward trend throughout the week, closing at around $1.60. Despite a minor recovery, Lido DAO’s price continues to hover around the $1.60 mark.

Lido DAO’s market capitalization is approximately $1.4 billion, and its trading volume has reached nearly $140 million, marking a 29% increase in the last 24 hours. However, the significant weekly decline of 17.41% highlights the challenges faced by LDO during this period.

Notcoin (NOT) – Persistent Downturn

Notcoin (NOT) experienced a predominantly downward trend over the past week. Beginning at around $0.016, the asset saw a brief uptick on July 26 before declining further, closing the week at approximately $0.014. According to CoinMarketCap, Notcoin’s price fell by over 14%, ranking it as the third-largest loser of the week.

Currently, NOT’s price has further decreased to about $0.013. The market capitalization has dropped by more than 3% in the last 24 hours, now standing at around $1.3 billion. Despite this, the trading volume has increased by over 17%, reaching over $158 million, reflecting some positive trading activity amidst the overall decline.

Conclusion

The cryptocurrency market remains a highly dynamic space, with significant fluctuations in asset values observed weekly. This past week has highlighted the sharp contrasts between winners and losers, with Helium, Pyth Network, and Jupiter demonstrating strong gains, while Brett, Lido DAO, and Notcoin faced notable declines. As always, investors are advised to stay informed and conduct thorough research before making any investment decisions.