- Biggest Gainers: Mantra [OM], Kaspa [KAS], and Sonic [S].
- Biggest Losers: Bitget Token [BGB], Onyxcoin [XCN], and Ethena [ENA].
Ah, the cryptocurrency market, a veritable battlefield where fortunes are made and lost with the swiftness of a galloping horse. This week, as in weeks past, we witness the soaring of some tokens to celestial heights, while others plummet into the abyss of despair. Such is the nature of this digital realm, where hope and despair dance a waltz of volatility. 💃🕺
Let us delve into the chronicles of this week’s victors and vanquished, a tale of triumph and tragedy over the span of seven fleeting days.
Biggest winners
Mantra [OM]
Behold, the illustrious MANTRA [OM], which has ascended to the pinnacle of success for the third consecutive week, boasting a remarkable 26% gain, as its price soared from $5.90 to $7.54. Such a feat is akin to a peasant becoming a prince overnight! 👑
This token’s unwavering dominance is a testament to its exceptional market strength and the growing interest of the institutional elite. The week commenced with OM languishing around $5.90, a tranquil pond before the storm. But lo! On the 15th of February, the waters erupted, and prices surged past resistance levels, reaching a dizzying $7.65.
Trading volume surged to 549.34K OM, a cacophony of validation for this upward thrust.
From a technical perspective, OM remains a gallant knight, well above its 50-day [$5.38] and 200-day [$4.01] moving averages, maintaining a robust bullish structure. Yet, dear reader, caution is advised, for the heights may be perilous! 🏔️
As of this moment, OM stabilizes near $7.54, with a minor -0.57% adjustment, as traders digest their recent feasts. Its ability to reign supreme for three weeks is a rarity, akin to a unicorn sighting in the crypto forest. 🦄
Key support stands at $7.00, a solid foundation for any short-term retracements, lest it tumble into the abyss.
Kaspa [KAS]
Next, we have Kaspa [KAS], which has made a valiant recovery this week, rising 25.6% from $0.087 to $0.109. A phoenix rising from the ashes, indeed! 🔥
Finding initial support at $0.087, KAS embarked on a steady ascent. A surge on the 11th of February propelled prices to $0.105, establishing a new support zone. Despite mid-week volatility, buyers remained steadfast, maintaining their bullish momentum.
At this moment, it consolidates at $0.109, establishing higher lows, a sign of renewed market confidence. While some profit-taking is expected, the steady accumulation suggests the uptrend may persist, much like a stubborn mule refusing to budge. 🐴
Sonic [S]
Ah, Sonic [S], formerly known as FTM, has also joined the ranks of the victorious, posting a 25.3% gain, climbing from $0.41 to $0.51. A well-structured recovery, indeed, following the recent market turbulence.
The week began with Sonic meandering near $0.41, before a breakout on the 13th of February propelled it to $0.56 amid strong trading activity. Though profit-taking emerged, buyers maintained control, much like a cat with a mouse. 🐱
As of now, it hovers around $0.51, with support forming at higher levels, suggesting that Sonic’s momentum is sustainable. If buying interest continues, further upside potential remains, like a balloon ready to soar! 🎈
Top 1,000 gainers
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2025-02-16 22:20