Crypto’s Weekly Winners and Losers: RARE Soars, MOG Slumps

Crypto’s Weekly Winners and Losers: RARE Soars, MOG Slumps

On Monday, the crypto economy held steady at $2.06 trillion, though it dipped by 2.26% in value over the last 24 hours. Bitcoin experienced a 2.5% drop this past week, while ETH saw a decline of more than 4% during the same period. Despite the downturn, some digital currencies managed to stand out, with superrare (RARE) soaring 164% over the week.

Though the digital currency market has faced challenges, a few crypto assets posted gains this week, with the top five gainers seeing increases ranging from 17.65% to 164%. Leading the pack was RARE, followed by finschia (FNSA), which climbed 26.75% this week. Flux (FLUX) jumped 23.02%, and reserve rights (RSR) rose 21.17%. Rounding out the top five, thorchain (RUNE) added 17.65% in gains.

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