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In this article, we will be looking at the top five gainers and losers of the week, providing a brief description of each cryptocurrency and its performance. All data is accurate as of May 5, 2023, on Coingecko.
The Big News:
- Gemini Kicks Off Derivatives Platform in PH, 29 Other Countries
- DICT Taps Coins.ph for Blockchain 101 Webinar
- GCrypto Now Available to All GCash Users
Top 5 Crypto Gainers of the Day
Pepe (PEPE)
What is it: A meme coin with no intrinsic value or expectation of financial return. There is no formal team or roadmap, and it is for entertainment purposes only.
- Current price: $0.00000352
- Price change in the past 7 days: +1193.2%
- Market cap: $1,595,158,103
- Trading volume: $1,065,313,333
Latest News: Binance To List Pepe Coin In Innovation Zone
ArbDoge AI (AIDOGE)
What is it: A deflationary token. It will be used by AIDOGE ecosystem applications. AIDOGE belongs to everyone in the Arbitrum community and is also a necessary key to unlocking the future chapters of the AIDOGE story.
- Current price: $0.000000000883
- Price change in the past 7 days: +227.7%
- Market cap: $158,275,335
- Trading volume: $178,104,506
Latest News: Trending AI Crypto Coin AiDoge Enters Stage Two of Token Presale
Radicle (RAD)
What is it: An ERC-20 token that powers Radicle, a project that describes itself as an “open-source, community-led, and self-sustaining network for software collaboration.”
- Current price: $3.95
- Price change in the past 7 days: +111.3%
- Market cap: $192,688,097
- Trading volume: $319,480,197
Latest News: Under-the-Radar ‘Code Collaboration’ Altcoin Rips 137% This Week Amid New Protocol Upgrade
UMA (UMA)
What is it: The native token of Universal Market Access (UMA), an Ethereum-powered protocol that tracks off-blockchain assets such as gold and tokenizes them into synthetic on-chain assets.
- Current price: $2.80
- Price change in the past 7 days: +46.7%
- Market cap: $193,370,377
- Trading volume: $219,014,099
FLOKI (FLOKI)
What is it: It is a multi-chain token, allowing it to be used on the Ethereum and Binance Smart Chain (BSC) platforms.
- Current price: $0.0000498
- Price change in the past 7 days: +36.1%
- Market cap: $503,907,677
- Trading volume: $185,362,097
Latest News: Breaking: Binance Confirms Floki Inu and PEPE Listing
Top 5 Crypto Losers of the Day
Blox (CDT)
What is it: The native token of Blox, a CDT powered portfolio tracker app that allows users to automatically integrate wallets and exchanges into one account.
- Current price: $0.249
- Price change in the past 7 days: -32.1%
- Market cap: $167,554,365
- Trading volume: $145,737
Latest News: Blox (CDT) has rebranded to SSV Network
e-Radix (EXRD)
What is it: The wrapped representation of XRD on Ethereum. It serves as a permanent link between the Radix and Ethereum networks.
- Current price: $0.0815
- Price change in the past 7 Days: -28.4%
- Market cap: $122,838,505
- Trading volume: $236,140
Latest News: DeFi Crypto Project Goes on Parabolic 200% Rally After Announcing New Network Upgrade
Radix (XRD)
What is it: The native token of the Radix network and is required for securing the network via staking, accessing DeFi, deploying smart contracts, and paying for transactions.
- Current price: $0.0822
- Price change in the past 7 Days: -27.8%
- Market cap: $836,404,296
- Trading volume: $3,866,857
Latest News: DeFi Crypto Project Goes on Parabolic 200% Rally After Announcing New Network Upgrade
SPACE ID (ID)
What is it: The native token of the Space ID protocol, a set of smart contracts that provide the core functionality of web3 domain registration, resolution, management, and governance.
- Current price: $0.5646
- Price change in the past 7 Days: -24.0%
- Market cap: $543,014,490
- Trading volume: $80,908,597
Latest News: SPACE ID Starts a DAO along with the Launch of a Buyback-and-Burn Mechanism for $ID
Bone ShibaSwap (BONE)
What is it: The governance token that allows users to vote on important proposals on the ShibaSwap protocol.
- Current price: $0.8366
- Price change in the past 7 Days: -20.9%
- Market cap: $195,002,200
- Trading volume: $8,732,568
Latest News: Shiba Inu’s BONE Gains Attention From OKX as Exchange Teases New Listing, Giveaway
This article is published on BitPinas: PEPE, AIDOGE | Crypto Gainers and Losers | May 5, 2023
Disclaimer: BitPinas articles and its external content are not financial advice. The team serves to deliver independent, unbiased news to provide information for Philippine-crypto and beyond.
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- Source: https://bitpinas.com/cryptocurrency/crypto-gainers-losers-5-6-2023/
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