Key takeaways
This week’s crypto saga resembles a Dostoevskian novella-full of despair, hope, and the peculiar optimism of fools. Altcoins danced wildly; some soared like madmen driven by unseen forces, while others crashed with all the cruelty of a Winter’s night in Petrograd. Aerodrome, Mantle, and Lido DAO rose over 45%, fueling dreams of riches, or perhaps madness. Meanwhile, Monero, Toncoin, and XDC Network preferred the cold embrace of defeat, as if in stark defiance of any rational hope.
Bitcoin, the presumed anchor, kept its head low-like a weary soul retreating into the shadows. Yet, the altcoin rabble roused themselves: Ethereum, XRP, Solana, and Cardano-these giants-made their boastful gains, doubles or triples, as if mocking the treacherous nature of fate itself. Beneath these giants, smaller tokens also fought their obscure, desperate battles-some rising, some falling, all caught in the same cruel web.
So brace yourselves-grab a drink, perhaps a heavy one-because the show must go on.
Weekly winners
Aerodrome Finance [AERO] – A 56% explosion, or a fool’s triumph?
Ah, Aerodrome! This token, once a mere whisper, surged with reckless abandon from under $0.80 to over $1.25, like a man driven by an obsession he cannot fully understand. It paused at $1.17, as if pondering its own grandeur. The RSI screamed “overbought” with a 70.9 reading-yet the momentum swaggered on, heedless of reason.
Despite a mild retreat, it remains above the critical EMAs-the support of the short-term lunatics. Perhaps the recent flurry is but a fleeting hysteria. But what matters more than the moon? Coinbase trading on the U.S. app-because what could be more inspiring than more people losing their shirts? As one wise (or perhaps just equally mad) X user mused,
“If you were paying attention, this isn’t news for you. If you weren’t, you still can.”
Mantle [MNT]: a rise amid chaos and divine intervention
Next, Mantle-rising 51.99%, perhaps buoyed by the divine hand of the Bybit top brass blessing its cause. From near $0.68 to over a dollar, then a slight slip-like the hopes of a man clutching at straws. The bulls still stampede, unyielding, as if in defiance of the inevitable decay. If they hold out, $1.15 might just be within reach, and the promise of new heights gleams like a distant star.
Lido DAO [LDO]: a 47% surge before the storm
Ah, LDO-what an intoxicating climb! From $0.87 to near $1.37-like a delirious man in a fevered dream. Profits are taken, yet enthusiasm persists. August 14th looms, the day of reckoning, with the promise of a call, a conference-the kind of event that keeps traders’ hearts pounding and hopes alive.
Other notable winners
Small tokens, darling of speculation-MYX Finance, soaring 1323.8%, a true testament to humanity’s relentless folly. Loan Protocol, SOON, rising with the fever-greed ever insatiable in this mad carnival of coins. The market hums with life-frenzy, despair, and the faint hope of someday hitting the jackpot or losing everything, equally.
Weekly losers
Monero [XMR]: the loner in the cold, slipping beneath the icy waters
Monero, that ghostly whisper of privacy, has been under a dark cloud. From $300 to $270, like an aging nobleman losing his strength. Support levels broken, prices tumbling-what hoped-for sanctuary remains? The fear that centralization’s shadow-Qubic’s pool-will claim Monero’s soul, has cast a pall of doubt. A “crypto beef,” as they say, with market confidence trembling at the stakes of this unseen struggle.
Toncoin [TON]: a brief bounce, then back to despair
Toncoin-once the darling of Telegram’s promises-fell 10.38%, hope fleeting like a shadow. From above $3.60 to around $3.32, bears took their pound of flesh. Telegram’s signals briefly sparked a flicker of life, but the darkness swiftly reclaimed it. The rally was but a fleeting illusion in an otherwise bleak landscape.
XDC Network-slipping into oblivion
XDC’s descent continues-over 5% lost, drifting down from $0.093 to $0.088. The bears are relentless-today’s drop of nearly 3% underscores their control. No clear reversal in sight, only the quiet resignation of the market, pondering whether this is merely the beginning of a long winter.
Other notable losers
Graphite Protocol plunges nearly 50%, a dramatic fall-perhaps an irony for those who once believed in its promise. IGT and Blackhole also slipping, their hopes dashed like unfulfilled dreams in the cold morning light.
Conclusion
This week’s market-an endless dance of despair and hope, chaos and order. Volatility reigns like a capricious deity. Hold tight, analyze carefully, and remember-fools rush where angels fear to tread. Until next week, keep your soul steady amidst the storm.
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2025-08-10 22:54