Crypto

Weekly Crypto Recap: Top Gainers and Losers — VELVET, BEAT, WLD, XLM

Crypto markets remained under pressure this week as Bitcoin and Ethereum extended their weak performance. Meanwhile, VELVET surged 235% to lead weekly gainers, while MemeCore crashed 70% amid insider manipulation reports.

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Crypto markets continued to face headwinds this week, with no clear signs of recovery for major assets. Bitcoin and Ethereum both extended their sluggish performance as macroeconomic uncertainty kept investors cautious. Despite the broad market weakness, capital found its way into a select group of low-cap altcoins, driving triple-digit gains in certain tokens while profit-taking accelerated across large-cap positions.

**TOP PERFORMERS OF THE WEEK**

**Velvet (VELVET) — The Week's Standout Gainer**

VELVET dominated the leaderboard this week with an extraordinary 235% surge, pushing the token close to its all-time high of $1.80. Such a sharp move in a short period naturally raises the question of sustainability. The RSI has climbed deep into overbought territory, hinting that a period of consolidation or a brief pullback may be on the horizon.

However, history offers a more optimistic perspective. Following a 157% rally back in early June, VELVET continued its upward trajectory for three consecutive weeks — demonstrating that overbought signals alone aren't always enough to stop determined buyers. Adding to the bullish case, this week's breakout followed an extended consolidation phase near the $0.50 level after the token's previous run to $1.80. Base-building of that nature tends to give breakouts more staying power.

Both daily and weekly charts still favor buyers. A healthy pullback wouldn't be out of the ordinary, but if momentum holds, a push through the $1.80 all-time high could bring the $2.00 target into play.

**DeXe (DEXE) — Steady Bullish Continuation**

DEXE secured the second spot among weekly winners, posting a 60% gain. Perhaps more significant than the percentage move is the fact that DEXE reclaimed the $22 level for the first time since Q4 2021. This milestone means long-term holders who had been sitting on losses are finally back in the green — a development that typically increases sell pressure.

Yet the token's recent price behavior tells a different story. After three consecutive days of declining prices, DEXE bounced nearly 4% within 48 hours, signaling that buyers are actively stepping in to absorb any selling. This dip-buying dynamic keeps the uptrend intact. Should momentum continue building, a breakout above $25 could attract fresh capital and reduce willingness among existing holders to exit. In that scenario, $30 becomes the next key target.

**Audiera (BEAT) — Classic Short Squeeze Fuels 45% Rally**

Audiera rounded out the top three with a 45% weekly gain — a striking turnaround given that the token had crashed nearly 70% just one week prior. Reversals of this nature typically signal that buyers have returned forcefully after an oversold flush. The aggressive sell-off appears to have cleared out excess leverage and shaken out weaker market participants.

With the RSI now cooling toward neutral territory, BEAT has more technical room to extend its recovery. The $2.50 level stands as the immediate resistance to watch. A clean break above it could open the path toward $3.00. That said, a 3% intraday pullback signals sellers are defending that zone. If resistance holds, BEAT may need additional consolidation time before launching another breakout attempt.

**Other Notable Movers**

Beyond the top three, several other altcoins delivered eye-catching moves. Cortex (CX) led the pack with an astonishing +2,710% surge. Biconomy (BICO) followed with a +246% advance, while Synapse (SYN) added +186% to close out the week's biggest movers.

**WEEKLY LOSERS**

**MemeCore (M) — Insider Manipulation Reports Trigger 70% Collapse**

MemeCore suffered the steepest weekly decline, crashing 70% after reports of insider manipulation sparked panic selling across the token's holder base. The move eerily mirrors Audiera's 70% collapse from the previous week, drawing attention to a potential reversal setup worth monitoring.

From a technical standpoint, the damage is significant. MemeCore broke below the $1.00 support level and pulled back to the $0.60–$0.65 range, effectively wiping out its entire post-October rally. The RSI has dropped deep into oversold territory, suggesting that selling pressure may be approaching exhaustion.

On the silver lining side, the crash has also cleared excess leverage from the market. According to AMBCrypto, nearly $8 million in long positions were liquidated alongside a wave of short liquidations — a reset that can create healthier conditions for price stabilization rather than a continuation of leveraged selling.

MemeCore spent the past 48 hours trading around the $0.65 level, offering early signs that buyers are beginning to absorb available supply. Whether M can pull off a BEAT-style recovery remains to be seen, but the initial signals of stabilization are worth watching closely in the sessions ahead.

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