This Week’s Top Crypto Winners and Losers: A Recap
- The crypto market experienced positive sentiment.
- Solana (SOL), Ripple (XRP), and Dogwifhat (WIF) performed well.
- The upward trajectory of Minotaurus ($MTAUR) seems more scheduled.
The crypto market brims with positive sentiment. The asset to see the highest uptick over the past week was Bitcoin (BTC). Among altcoins, the trajectories differ. This piece highlights the week’s top performers and outsiders.
Top Performers
Solana (SOL): Institutional Interest Acquired
Solana (SOL) jumped 1.2% this past week. The major catalyst was the possibility of the approval of Solana ETFs. 21Shares and VanEck have recently filed their applications with the main regulator to list ETFs tied to Solana (SOL). The community and particularly institutions are eagerly awaiting the decision on this matter.
Minotaurus ($MTAUR): Predictable Growth During Presale
Listed altcoins are impacted by market forces — supply, demand, and external factors. Presales like Minotaurus ($MTAUR) are a whole different story.
During early token sale stages, $MTAUR is available at an up to 76% price cut. As of this writing, the token price is $0.0000482. For Minotaurus ($MTAUR) holders, referral and vesting bonuses are also in place. More details on the website.
Outsiders
Ripple (XRP): Waiting for the Positive Resolution
Ripple (XRP) went down by 1.5% over the past week. The main downward factor is the ongoing lawsuit. Still, the community is bullish on Ripple (XRP) and believes in positive resolution. The on-chain metrics signal increased activity. Greater transaction volumes speak of the demand for Ripple (XRP) among holders.
Dogwifhat (WIF): Driven by Solana (SOL) Hype
Dogwifhat (WIF) dropped by 15.05% over the last 7 days. It’s a mem coin on the Solana (SOL) blockchain. The Solana (SOL) network is in high demand today, and so are the tokens running on it. Since its inception, Dogwifhat (WIF) skyrocketed by 1.17K%.
Alex J. Carter
Alex is a blockchain enthusiast and fintech expert with over a decade of experience in the crypto industry. Alex has authored numerous articles and books demystifying complex crypto concepts for readers of all levels.
