The cryptocurrency market has seen significant volatility over the past week, with some tokens recording impressive gains while others suffered significant declines.
Among the best performing cryptocurrencies, NEIRO on Ethereum became the currency with the largest increase, with an increase of more than 100%.
NEURO
The first Neiro [NEIRO] on Ethereum had an excellent week, becoming the biggest gainer among the 100 largest cryptocurrencies. NEIRO opened the week at $0.00096 before rising sharply to close at $0.002.
According to CoinMarketCap, NEIRO has risen by more than 112% in the past seven days, reaching a market value of nearly $840 million, ranking 76th among cryptocurrencies by market capitalization. However, NEIRO's trading volume has dropped by about 30% in the past 24 hours and currently stands at $583 million.
MY
Mog Coin [MOG] holds onto the second spot as the week’s gainer. The memecoin is up 33% over the past seven days.
It initially traded at $0.0000014 and experienced fluctuations during the week, first falling to $0.0000013 before recovering to $0.00000186 by the end of the seven days.
While trading volume fell by 5%, Mog Coin’s market cap rose by more than 3% to approximately $734 million with a trading volume of approximately $25.8 million.
ABOUT
SUI also made headlines as one of the top performers.
The token is up 29% over the past week, which is particularly noteworthy given its token unlock event on October 1, which released 64.19 million SUI tokens worth approximately $114.27 million.
At the beginning of the week, Sui Wenjing's price was $1.87, rising steadily to $2 before falling in the following days. However, the stock ended the week with a strong performance, with prices rising 12% and 9% in the past two days, respectively, to an all-time high of $2.24.
At the time of writing, the coin is in a strong bullish trend, with its relative strength index (RSI) at 72, indicating it is overbought. Sui’s market cap has increased by 10% to $6.15 billion, and its trading volume has increased by 18% to $1.1 billion.
