Crypto Market Holds Strong Despite Monday Dip: MOODENG and ETHW Shine

CN
4 hours ago

Many crypto assets enjoyed notable gains, with meme token moo deng (MOODENG) leading the charge, climbing 400% in just seven days. Hot on its heels was ethereum pow (ETHW), the native token for the proof-of-work fork of Ethereum, which surged 82% against the U.S. dollar.

Crypto Market Holds Strong Despite Monday Dip: MOODENG and ETHW Shine

Not far behind, the meme crypto called dog go to the moon (DOG) hopped 59.79% higher. Over two dozen crypto coins saw double-digit gains this past week. Some strong contenders were ftx token (FTT), up 55.54%, and dogwifhat (WIF), rising 43.26%.

Crypto Market Holds Strong Despite Monday Dip: MOODENG and ETHW Shine

In terms of trading volume, excluding the big players like BTC, ETH, and stablecoins, XRP topped the charts. Close behind, in terms of volume, were SOL, BNB, PEPE, DOGE, SUI, WIF, and SHIB. Alongside the meme tokens, artificial intelligence (AI)-focused coins had their moment in the sun too.

Of course, not everyone had a stellar week. Hamster kombat (HMSTR) took a hit, losing 50.14%, while binaryx (BNX) slid by 19.89%. Tron’s sun token (SUN) dropped 13.73%, and monero (XMR) fell 12.86%.

Only five coins experienced double-digit losses, as the decline only kicked in on Monday, Sept. 30. Before that, the week was mostly positive, but Monday’s slump took a nice bite out of the earlier gains.

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