During the last week of November, the crypto market has had a chance for taking a major rebound as tables turned with the changing market trends that went from bearish to bullish for several days.
With the latest rebound, some new names appeared on the list of top trading currencies, while other cryptos could revisit the last week’s gains or cover at least a portion of losses with the last rebound in the market.
Unlike the dip that started out between November 14th and November 15th, the last week provided a positive momentum which enabled cryptos to go ahead for taking a surge towards collecting new gains.
Top Gainers of the Week: Olive (OLE) Top Trading Once Again, TRON (TRX) Top Trader among the Top 20 List
Olive is once again hosted on the weekly list of top gainers of the cryptocurrency market. This time with a major rebound, Olive was able to take enough positive momentum to score over 123% of gains in the course of a single week.
That way, OLE has once again become the top trading cryptocurrency of the week. OLE is actually an Ethereum based token, ERC20 type, and is said to be the first tokenized online broadcast system.
Olive (OLE) – weekly chart – Coinlib
Among the list of top 20 trading cryptocurrencies, TRON (TRX) is taking the title of the top trading currency this time. TRX was able to embrace the latest wave of positive market trends at its fullest, that way recording 25% of gains in the course of the last week.
TRON (TRX) – weekly chart – Coinlib
Despite the success TRX had within the mass rebound, the crypto is seen in a slight decline by less than -1% on the last day of the week, on December 2nd.
Top Losers of the Week: Provoco Token (VOCO) the Definite Loser of the Week, EOS (EOS) Dipping
The top twenty list of cryptocurrencies changes a bit since the November dips started with Ethereum and XRP switching places, Bitcoin SV (BSV) joining the top 10 list and having Bitcoin Gold ranked as the top 20th crypto in the market and even EOS (EOS) went up and down the market cap list.
However, this week, despite the rebound phase in the market, EOS is still marking a negative return on the weekly chart. EOS is the definite top loser of the crypto market among the list of the top 20 trading cryptocurrencies with dropping by -10% against the fiat in the last seven days.
EOS (EOS) – weekly chart – Coinlib
Even on the last day of the week, December 2nd, EOS is seen in a dip, although barely by -1%.
Moreover, the top losing currency of the entire crypto market for the week between November 26th and December 2nd is Provoco Token (VOCO).
Provoco Token deserved its status for the week by dropping by over -68% in the course of the last seven days.
Provoco Token (VOCO) – weekly chart – Coinlib
The results on the weekly return for VOCO is probably even more disappointing for investors as the crypto lost over half of its total value over the course of the week despite the rebound phase.
Image Credit: iholding.io