Crypto market’s weekly winners and losers – DASH, IP, POL, NIGHT
The cryptocurrency market saw significant volatility this week, with Bitcoin and Ethereum posting gains of nearly 5% and 7%, respectively. However, altcoins delivered more dramatic moves. Dash (DASH) was the standout performer, surging 115% to trade around $80, driven by strong bullish momentum and heightened interest in privacy coins. Story (IP) also ended positively with a 20% gain, despite cooling from midweek highs. Pump.fun (PUMP) rose 17% following a platform upgrade but failed to sustain higher levels. Other notable winners included Monero (XMR), up 16%, Internet Computer (ICP), gaining 25%, and Chiliz (CHZ), climbing 24%.
On the losing side, Polygon (POL) fell nearly 14% due to profit-taking after a previous rally. Memecore (M) declined 11% amid reduced meme coin hype, while Midnight (NIGHT) dropped 12%, breaking key support levels. Additional losers included Bitcoin Cash (BCH), down 8%, XDC Network (XDC), falling 9%, and Virtuals Protocol (VIRTUAL), which saw the largest drop at 11%. The week highlighted the market's volatility, with rapid gains and pullbacks underscoring the importance of risk management.
ambcrypto01/18 19:02