Crypto market’s weekly winners and losers – VELVET, BEAT, WLD, XLM

Crypto markets stayed under pressure this week.  Bitcoin [BTC] and Ethereum [ETH] extended their weak performance, with risk appetite remaining subdued amid persistent macro uncertainty.  While major cryptocurrencies struggled to gain traction, capital rotated into a handful of low-cap altcoins, fueling triple-digit rallies in select tokens even as broader market sentiment remained cautious and profit-taking accelerated across many large-cap assets.  Weekly winners Velvet [VELVET] – Emerging ecosystem topped the board with triple-digit gains Velvet [VELVET] emerged as the biggest weekly gainer, rallying 235%. With the token now closing in on its $1.80 all-time high, a short-term cooldown wouldn’t be surprising after such a sharp move. Backing this up, the RSI has pushed deep into overbought territory, suggesting profit-taking could kick in. That said, price history suggests the rally may not be over just yet. After a 157% rally in early June, VELVET continued pushing higher over the following three weeks, showing that buyers remained firmly in control despite overbought conditions. This week’s move also comes after a lengthy consolidation phase. Following its previous run to $1.80, VELVET spent weeks ranging around the $0.50 level before finally breaking out. That kind of base-building usually adds more strength to a breakout than a straight vertical move. In short, both the daily and weekly charts still favor the bulls. While a brief pullback or consolidation would be healthy, the broader trend remains intact. If buying pressure holds up, a break above the $1.80 all-time high looks increasingly likely, putting the $2 level firmly in focus. DeXe [DEXE] – Decentralized protocol reinforced steady bullish continuation DeXe [DEXE] came in as the second-biggest weekly gainer, climbing 60%. More importantly, the token has reclaimed the $22 level for the first time since Q4 2021, meaning a large portion of long-term holders who had been underwater are finally back in profit. Normally, that would increase the chances of profit-taking. However, DEXE’s recent price action suggests the bulls are still in control. After pulling back for three straight days, the token bounced nearly 4% in under 48 hours, showing buyers are quickly absorbing selling pressure. That dip-buying behavior keeps the broader uptrend intact. If the current momentum continues, a break above $25 could trigger another leg higher as fresh buyers pile in and existing holders become less willing to sell. In that scenario, the $30 level becomes the next logical upside target. Audiera [BEAT] – Entertainment token surged sharply on a classic short squeeze  Audiera [BEAT] rounded out this week’s top three gainers with a 45% rally. What’s more interesting is that this comes just one week after the token crashed nearly 70%. That kind of reversal is usually a sign that buyers have stepped back in aggressively after an oversold move. The sharp sell-off also appears to have flushed out excess leverage and shaken out weak hands. On top of that, the RSI has cooled back toward the neutral zone, giving BEAT more room to move higher. The next level to watch is $2.50, which now stands as the key resistance. A break above it could quickly open the door for a move back toward $3. But it won’t be easy, BEAT’s 3% intraday pullback shows sellers are still defending that area. If they do, BEAT could spend some more time consolidating before making another breakout attempt. Other notable winners Outside the majors, altcoin movers also stood out this week. Cortex [CX] led the action with a +2710% move, followed by Biconomy [BICO] surging +246%, while Synapse [SYN] climbed +186%, rounding out the list of biggest movers. Weekly losers MemeCore [M] – Meme token saw a massive crash this week MemeCore [M] ended the week as the biggest loser, crashing 70% after reports of insider manipulation triggered a wave of panic selling. The move almost perfectly mirrors Audiera’s 70% collapse from last week, setting up an interesting reversal setup to watch. Technically, the damage has been significant. M lost the $1 support and has now retraced back to the $0.60-$0.65 area, effectively erasing its post-October rally. The sharp decline has also pushed the RSI deep into oversold territory, showing sellers may be getting exhausted after such an aggressive flush. The positive is that the crash has also cleared out most of the excess leverage. As AMBCrypto reported, nearly $8 million in long positions were liquidated, alongside a wave of short liquidations. That kind of reset usually gives price a better chance to build a base instead of continuing a leveraged sell-off. The next question is whether M can pull off a BEAT-style rebound. So far, the chart is showing early signs of stabilization. MemeCore has spent the last 48 hours trading around the $0.65 level, suggesting buyers are starting to absorb the selling pressure. It’s still too early to call a bottom, but if this consolidation continu