# Weekly Winners and Losers in the Cryptocurrency Space

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Now with the dark days seemingly behind in the cryptocurrency markets, bulls have been rushing to drive up assets that they have reason to believe will result in gains. Given the positive recovery trend in some of the biggest crypto-names, a number of digital currencies experienced impressive climbs throughout the week. As of the writing of this article, the following cryptocurrencies achieved the most spectacular rise since last week:

## Top Weekly Losers

Although the week has been positive for many cryptocurrencies, with confidence returning once again to the market, not all have basked in the glorious gains that many anticipated. Unfortunately for many, a number of cryptocurrencies fell hard in the last week, resulting in serious losses for those placing bets upon them. The following were the biggest losers of last week:

### DaoVerse

DaoVerse (DVRS) came in with one of the most substantial losses of the week, falling by almost 70%. DVRS was also listed amongst the top weekly losers in our last week’s update, indicating another disappointing week for its holders. The cryptocurrency is down to $0.000292, whereas a week ago it was up at$0.000987, and at $0.03124 on the week before that. The cryptocurrency has been on a constant free fall since mid-August, continuously dropping to new lows. Trade volume since last month has been consistent at close to the$1.5 million mark.

### Meta MVRS

Meta MVRS (MVRS) comes in as another big loser of the week despite some extraordinary moments. MVRS fell from $0.000000662 to$0.000000333, which was almost half the price of a week ago, spelling serious disappointment for all backing it. Despite this fall of almost 50%, MVRS did see two brief spikes this week, with the first on Sunday at $0.000000951, and the second on Monday at$0.000001777, which represented the highest point for MVRS throughout the entirety of 2022. These peaks both saw almost instantaneous correction, as the downward descent continued onwards.

### Vita Inu

Vita Inu (VINU), the canine-themed cryptocurrency has also been on a fall this week, dropping consistently in the last 7-days. VINU fell from $0.0000000378 down to$0.0000000211, translating to a fall of 44%. The cryptocurrency was in the spotlight due to its epic rise till late August, challenging similar assets such as DogeCoin. September however brought the downfall of VINU, with brief fightbacks which could not overcome the force of market bears.

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