Virtual, Trump, Dexe, BGB: Weekly Performance in the Cryptocurrency Market
Crypto Market Chaos, Not Doomsday* Share this Trash* Get Trashy on Twitter
- Hot Stuff: Virtuals Protocol [VIRTUAL], Official Trump [TRUMP], and Brett [BASED].
- Cold Aisle: DeXe [DEXE], BitGet Token [BGB], and Unus Sed Leo [LEO].
This week, the cryptocurrency world is more than just a little lively - no need to fear another crash, though.
Instead, President Donald Trump is creating a stir with strategic moves such as Robert F. Kennedy, Jr.'s swearing-in as SEC Chairman and confusing whispers about tariff cuts with China.
But the real talking point? Trump's memecoin skyrocketing, landing one of the biggest weekly gains and edging closer to the top spot.
Winners of the Week
Virtuals Protocol [VIRTUAL] - AI Token Sparks FOMO with $1 Mark
Virtuals Protocol [VIRTUAL] stole the show with a 93% spike this week, claiming the top spot among the top 100 crypto assets.
It started slow, laying low in a stagnant phase at $0.58, but then a massive 21% boost on April 22nd catapulted it like a rocket.
In just four days, VIRTUAL surged past the $1 mark, a level not visited in over a month.
Fear of Missing Out (FOMO) is brewing, and for the first time in three months, the token's sentiment has flipped to the positive side.
It's not just tech-macro catalysts like Trump's 90-day tariff grip and hype around rate cuts in China fueling the flames. With tension rising, VIRTUAL could continue its upward trajectory. The likelihood of continued growth? Let's just say, "holding back" high.
Official Trump [TRUMP] - Memecoin Gains Strength with Strategic Moves
Official Trump [TRUMP] zoomed into the top three weekly gainers with an 80%+ hike, and it's no accident. This rally is all part of a clever scheme involving none other than the President himself.
With only a month to go before the top 220 holders of the TRUMP memecoin receive an exclusive invitation to dine with Trump, the race is on.
The competition to claim those once-in-a-lifetime spots is intensifying, and this incredible rally is just the beginning.
While the RSI is yelling 'overbought' with a reading above 80, and the MACD providing some bearish vibes, when the President's involved, anything can happen.
Source: TradingView (TRUMP/USDT)
While other cryptos are diving 40%+ in volume, TRUMP's dip has only sunk 10%. Yep, big money is still in play, scooping up the dips while retail traders cash in on the hype.
With the dinner nearing fast, don't be surprised to see TRUMP continuing to climb in the next few weeks.
Clearly, the race to the top is far from over - unless mounting concerns about Trump's manipulative tactics ignite an uproar and shake things up.
Brett [BASED] - Memecoin Shows 'High Risk, High Reward' Potential
Brett [BASED] is hot on TRUMP's heels, jumping 78% this week and inching closer to the second spot.
This week was a goldmine, not just for AI but specifically for memecoins, and BASED has truly stood out, dominating with 90%+ monthly gains.
And the memecoin isn't slowing down - it's now securely nestled in the 8th spot by market cap, moving past Dogwifhat [WIF] in the process.
While a minor pullback could be on the horizon, these key FOMO drivers might push BASED even higher in the coming days. A return to $0.10? That might be closer than you think.
Other Distinguished Gainers
Beyond the major players, the broader market was abuzz.
Housecoin [HOUSE] crushed it with a mind-blowing 970% surge, leaving even the top 1,000 tokens behind. Alpaca Finance [ALPACA] and MemeFi [MEMEFI] weren't far behind, raking in gains of 345% and 246%, respectively.
Losers of the Week
DeXe [DEXE] - DAO Facilitator Leads with Double-Digit Losses
DeXe [DEXE] heads the losers' list, dropping 13.77% this week.
It started with promise, launching with a 1.67% gain and even breaking $15. But then, the bears gatecrashed the party.
The day-long price action narrative reveals the bulls exhausted their energy, and long positions were squeezed left and right.
In short, what was supposed to be a continuation of the previous week's surge turned into a crash landing, and now DEXE is flirting dangerously with the $13 floor.
Source: TradingView (DEXE/USDT)
Historically, the $12.15 support has tried to cushion the fall. Additionally, with volume plummeting 50%, the bears are undoubtedly in charge.
Consequently, a retest of that support is looking likely before any recovery can take place. So, don't be shocked if DEXE continues its downward spiral throughout the coming week.
BitGet Token [BGB] - Utility Token Steadies its Losses
BitGet Token [BGB] is keeping its losses at a minimum, dropping just 2.15% this week.
It began with a dip to $4.50, but don't underestimate it yet - BGB has climbed back to $4.40, and even made a cheeky midweek surge to $4.46.
Clearly, the bulls are holding strong and have been successfully absorbing the pressure, making a significant drop improbable.
If they maintain momentum, a smooth recovery and consolidation could be on the horizon.
So it seems that BGB is aiming for a strong April finish.
Unus Sed Leo [LEO] - 6-year-old Utility Token Suggests Late Recovery
Unus Sed Leo [LEO] is following BGB's path, sliding 3.48% this week.
But just like BGB, the bulls are giving the bears a run for their money with some dramatic price swings.
The MACD is still resting comfortably in neutral territory, indicating that LEO's recent bounce to $9.40-$9.50 might be short-lived.
That's the tricky range where its April dips started, so traders are watching this spot like hawks.
Until the volume turns green, LEO could fall back to the $8.75 support before any real recovery can occur.
With all this uncertainty, don't be surprised if LEO drags out its weekly decline for a while longer.
Other Notable Losers
In the broader market, some tokens took a dip.
VICE [VICE] led the way with a steep 60% dive, while Aergo [AERGO] and Acet [ACT] stumbled with drops of 37% and 34%, respectively. This week, they're definitely feeling the pain.
Conclusion
Here's your weekly wrap-up of the top gainers and losers in the cryptocurrency world. Remember, volatility is king, and the crypto market is known for its swift and dynamic price swings.
As always, always make sure to do your own research (DYOR) before jumping into any investments!
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- The cryptocurrency market is experiencing a lively week, but fears of another crash are unwarranted.
- Virtuals Protocol [VIRTUAL], an AI token, has skyrocketed with a 93% spike, taking the top spot among the top 100 crypto assets.
- Official Trump [TRUMP], a memecoin, has seen an 80%+ hike, driven by strategic moves from President Donald Trump.
- Brett [BASED], another memecoin, has jumped 78%, inching closer to the second spot.
- DeXe [DEXE], a DAO facilitator, is leading among the losers, with a 13.77% drop this week.
