Triple-Digit Gains Propel GOAT and APE to the Top This Week, But Not All Coins Thrived

CN
9 hours ago

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.

Triple-Digit Gains Propel GOAT and APE to the Top This Week, But Not All Coins Thrived

GOAT/USDT on Oct. 21, 2024, via Mexc.

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%.

Triple-Digit Gains Propel GOAT and APE to the Top This Week, But Not All Coins Thrived

APE/USDT on Oct. 21, 2024, via Binance.

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%.

Triple-Digit Gains Propel GOAT and APE to the Top This Week, But Not All Coins Thrived

SAGA/USDT on Oct. 21, 2024, via Binance.

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.

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