Bitcoin, the largest digitalย currency, saw a 3.5 percent loss inย theย previous week and is asย ofย now currentlyย worth $26,328 dollars. ETH dropped to $1,786, marking a 1.3 percent loss on the week, reportsย by Coingecko.
Amid the top 50 digitalย currencies, the market saw manyย of movement inย theย previous 7 days, with severalย notable winners and some big losers.
The largest gainer of the week is Render (RNDR), which has seen an impressive 19.3 percent growth on the week. In the past day alone, it has climbed 13.6%โ asย ofย now currentlyย worth $2.82. The Render Network is a decentralized platform that enables users to contribute their unused GPU power to render motion graphics and VFX.
RNDR has been trending onย Twitterย platform thisย comingย week thanks to its recent partnership with Apple and its integration with Solanaย (SOL) The big green candle could likewise be fueled by Renderโs work on the new Pudgy Penguins toy line video. Pastย week, Pudgy Penguins CEO Luca Netz celebrated the projectโs toy line launch on Amazon, saying โI want Pudgy Penguins to be the face of NFTs.โ
The Sandbox game (SAND), a trending immersive Gamefi platform, commanded Second place inย theย previous 24 hours, gaining 5.4 percent and asย ofย now changing hands at $0.51. These profits come alongside recent partnerships announced by the team with BBC mainstays โTop Gearโ and โDoctor Who.โ
Not everything is green, onย theย otherย hand, with notable losses on both weekly and daily markers for other top 50 assets except Bitcoinย (BTC) and Ethereum.
Somewhat expected after the unsustainable rocket ship it had become, memeย cryptocurrency superstar $PEPE has seen a not so impressive week, losing 10.5 percent of itsย price inย theย previous 7 days. Onย theย otherย hand, in theย previousย day it saw a slight 3.3 percent jump, asย ofย now trading $0.00000143.
Onย theย otherย hand, Pepecoin isnโt alone in the red.
Not long after its official mainnet launch, Suiโs native SUI cryptoย token was one of the largest losers on the week with a 15.8 percent fall, currentlyย worth $0.98 cents. Ethereumย (ETH) growing solution Optimism (OP) likewise had a rough week, seeing a 12.6 percent red candle and swapping hands at $1.60. And decentralized application platform Algorand (ALGO) likewise saw double digit losses, currentlyย worth $0.15 after an 11 percent loss inย theย previous week.
