Key Takeaways
Which crypto tokens were the highest gainers this week?
Zcash [ZEC], Memecore [M], Tether Gold [XAUt] led the week in gains.
Which crypto tokens lost the most this week?
DoubleZero [2Z], Pump.fun [PUMP], MYX Finance [MYX] saw significant declines.
Crypto was a rollercoaster this week.
Bitcoin [BTC] ripped past $126k before getting hit by a $19 billion market wipeout after Trump’s 100% China tariff sent traders scrambling. Still, institutions kept buying.
Crypto ETFs pulled in a record $5.9 billion, proving confidence isn’t dead. Meanwhile, ICE dropped $2 billion into Polymarket, S&P rolled out a new crypto index, and regulators stayed busy.
In short, volatility’s back. But amid the chaos, a few mid-caps quietly stole the spotlight.
Weekly winners
Zcash [ZEC] – Privacy coin proved resilient in the sell-off
Zcash [ZEC] topped this week’s gainers with a 66%+ jump, standing out while most of the market bled after the mid-week crash. The move showed clear internal strength, as AMBCrypto noted.
On the technical side, ZEC started the week with a 25% correction, which was expected after last week’s 170% rally to $180. But strong buy-side liquidity kicked in midweek.
It drove four straight green candles, confirming bullish continuation with solid bid support near the $120 zone. However, the RSI remained above 85 at press time, showing that ZEC was deep in the overbought zone.
Source: TradingView (ZEC/USDT)
In simple terms, momentum is overheated, and such setups often trigger short-term corrections as early buyers lock in profits near resistance zones. In fact, the 4.7% intraday pullback to $277 fits the classic cool-off phase.
However, ZEC’s bid depth remained strong on lower timeframes, hinting that buyers were defending support.
If this support holds, ZEC could regain momentum, making a break above the $300 level in the coming week.
Memecore [M] – Memecoin launchpad kept momentum alive
Memecore [M] was the second-biggest gainer this week. It climbed 5.58% from its $2.04 open after three consecutive weeks of drawdown that shaved nearly 20% off its $3 ATH. T
Despite the broader market chop, M clearly showed impressive relative strength, confirming that capital is rotating back into memecoins. Backing this, following the market crash, M bounced 11% intraday.
From a technical standpoint, M sat at a key inflection point at press time.
A clean breakout above $2.50 could spark fresh FOMO and trend continuation. In fact, the weekly sideways consolidation around $2.15 hinted at a potential accumulation phase forming beneath resistance.
Tether Gold [XAUt] – Stablecoin saw gains as investors moved toward safety
Tether Gold [XAUt] secured the third spot among this week’s gainers, rising 2.72% and breaking above $4K. This marks back-to-back weekly gains, confirming that XAUt is firmly in price discovery mode.
As a stablecoin backed by physical gold, its resilience isn’t surprising. With the U.S. economy facing the new China tariffs and the ongoing government shutdown, investors have been rotating into safe-haven assets.
This steady uptrend reinforces XAUt’s role as a macro hedge.
In fact, since the market crash, it has posted three consecutive green days, signaling strong bid support and renewed confidence in gold-backed tokens, making it a potential opportunity buy for those seeking stability.
Other notable winners
Outside the majors, altcoin rockets stole the spotlight this week.
ChainOperaAI [COAI] led the charge with a 1,990% surge, followed by AtomeOne [ATONE], which jumped 188%, and Giggle Fund [GIGGLE], rallying 140% to round out the leaderboard.
Weekly losers
DoubleZero [2Z] – Trading platform lost last week’s gains
DoubleZero [2Z] led this week’s losers with a 50% drop, reinforcing its bearish market structure. On-chain activity remained subdued, suggesting that dip-buying interest was minimal, as AMBCrypto noted.
Looking at the daily chart, a small green candle on the 6th of October reflected a minor 0.83% uptick, but the momentum quickly faded, giving way to four consecutive weekly lows.
In short, bulls failed to flip key levels into support, with the $0.50 zone holding as resistance. Until that trend reverses, expecting a meaningful rebound remains premature, especially in a choppy, risk-off market.
Source: TradingView (2Z/USDT)
In this context, a further downside correction in 2Z could escalate into a full-blown breakdown, testing key structural supports. The token remained highly vulnerable, making it unsuitable for retail exposure.
Consequently, market decisions are largely in the hands of smart money.
Pump.fun [PUMP] – Meme token had its worst week
Pump.fun [PUMP] posted a 41% pullback, emerging as the second-biggest weekly loser. In fact, this represented PUMP’s largest weekly decline to date, even surpassing the 30% drop seen in early Q3.
Unlike Memecore, PUMP failed to attract significant capital. On-chain and chart data showed massive outflows, with consecutive red daily candles pushing the token back toward its early July levels.
However, the week began with a 3.93% rebound around the $0.006 level, but the timing was poor. Momentum was already fragile, with PUMP down 14% before the midweek crash, signaling that bears are firmly in control.
MYX Finance [MYX] – DeFi yield aggregator failed to hold support
MYX Finance [MYX] emerged as the third-biggest loser this week, dropping 30.44%. This followed a 70% pullback last week, reinforcing a weak market structure and signaling that the decline isn’t solely market-driven.
Technically, MYX has entered Q4 with a clear bearish bias, a sharp reversal after an extremely bullish end to Q3, when the token rallied to a $20 all-time high with a massive 218% weekly gain in early September.
The aforementioned downturn reflected a cool-off phase, with bids largely absent. On the daily chart, MYX posted lower lows, the most recent at $1.25, leaving it vulnerable to further depreciation if buyers do not step in soon.
Other notable losers
In the broader market, downside volatility hit hard.
Anoma [XAN] led the losers with a 73% drop, followed by PunkStrategy [PNKSTR], down 63%, and DeAgentAI [AIA], which slipped 58% as momentum sharply cooled.
Conclusion
This week was a rollercoaster. Big pumps, sharp dips, and nonstop action. As always, stay sharp, do your own research, and trade smart.
