Crypto Weekly Wars: XCN, WIF, PI, OP & More! 🚀📉

Crypto Circus Continues: Who’s Up, Who’s Down & Who’s Just Horsing Around!

  • Top weekly movers: Four [FORM], Onyxcoin [XCN], and Dogwifhat [WIF] went on a rollercoaster ride that even a caffeine-fueled squirrel would envy. 🎢
  • Top weekly losers: Pi Network [PI], Optimism [OP], and Brett [BRETT] took a nosedive fast enough to make a skydiver jealous.

Markets threw a mixed bag this week, but somehow the giant piggy bank—aka the crypto market cap—waddled up a modest 2.5%, nudging to $3.43 trillion. Bitcoin [BTC], in its usual indifferent style, just sort of sauntered sideways (+0.73%), stuck in limbo like a dodgy politician, while Ethereum [ETH] decided to show off with a bullish 15.8% spike. 🍾

Whales went on a shopping spree—strategy whales snatched up 13,390 BTC worth a cool $1.34 billion at an average price of $99.8K, while Tether, the market’s version of a nervous poker player, bought 4,812 BTC for $459 million, probably whispering, “Don’t mind me, just casually building an empire.”

Meanwhile, the high- and mid-cap altcoins stole the show, grabbing liquidity like a cat with a mouse. Looks like rotation season might just be kicking off—grab your popcorn!

Weekly Winners: The Bright Side of the Crypto Circus

Four [FORM] – The All-in-One Ecosystem Rockets to Stardom

Four [FORM] shot up the leaderboard with a cheeky 18.32% jump—firing on all cylinders, or at least as many as a tired old jalopy. 🚗💨

The big bang was on May 12th when a colossal 80% surge in a single green candle set the stage. FORM soared 16.67% early in the week, reaching a shiny new high of $2.97, sounding the victory bell. 🔔

Profit takers then tried to spoil the party, pushing FORM down to around $2.60, but the bulls didn’t hang up their boxing gloves. Instead, they bounced back with a 7% rally to $2.86, boosting their confidence like a peacock in full display. The charts whisper bullish divergence—yep, it’s looking up! 📈

With technicals supporting the move, FORM is just waiting for the $3 mark to wave hello. Keep it on your radar—it might just be the darling of next week’s market dance.

Onyxcoin [XCN] – DAO Protocol Takes a Breather

XCN didn’t just stroll; it did a little jazzy dance, racking up some double-digit gains before a midweek rally caught traders off guard. 📯

The week started with the bears dominating at $0.0186, dragging the coin down for three consecutive days—like a sad clown with a broken balloon. Then, on May 15th, XCN did a surprise rocket of 20.97%, making shorts gulp and liquidity traps set a sweet trap. 🎣

But the party’s not over—bears are sharpening their claws, RSI points downward, and volume’s down 27.77% to $81.97 million, hinting that another squeeze might be around the corner. Watch those levels—XCN’s probably got a few tricks left up its sleeve. 🎩

dogwifhat [WIF] – The Dogecoin-esque Breakout That’s Quite a Lad

WIF pulled a proper Houdini this week, rallying 13% with a move so sharp even a cat on a hot tin roof would be impressed. 🐱🔥

After a slow start and rejection near $0.97, the bulls roared back on May 12 with a 26.39% candle, breaking overhead resistance and shooting through to $1.34 faster than you can say ‘FOMO’. 🚀

This flipped the script, turning resistance into a comfy support pillow—talk about a plot twist! But momentum fast got carried away, RSI overcooked and then cooled, leaving WIF trading at $1.01, even dropping as low as $0.92. 🥶

If WIF’s bulls want to keep the party going, they’ll need to defend the $0.90–$1.00 zone like a watchdog guarding a juicy bone. Otherwise, another fade’s on the menu.

Other Notable Winners – Altcoins Doing a Who’s Who

Outside the main event, altcoins were in a frenzy:

Launchcoin [LAUNCHCOIN] blasted off with a staggering +2002.2%—talk about riding a rocket to the moon! 🚀🌙

Maple [MPL] stood tall with +1761%, and Babyboomtoken [BBT] jumped +270%, both riding the speculative wave with the skill of a surfer on a giant swell.

Weekly Losers: The Crashes & Burnouts

Pi Network [PI] – The Utility Token’s Wild Ride Ends in a Whimper

Pi Network got smacked down with a hefty 29.65% correction after a week of fireworks that had last week’s rally erased quicker than you can say “pump and dump.” 🎇

It started with a bang—an intraday 43.72% explosion on May 13th, pushing PI past $1 to a two-month-high of $1.67. Bulls were partying like it was 1999. 🥳

But then reality hit hard—liquidity hunts ensued, and the rally turned into a classic bull trap, leaving late longs holding the bag. By week’s end, PI was back down to $0.69. Ouch. Volume’s down 42%; unless dip-buyers step in with a big ol’ helping hand, PI might just cling to the ground for a while longer.

Optimism [OP] – The L2 Heavyweight Takes a Dive

OP couldn’t hold onto its recent high, dropping 18.10% after a false breakout attempt near $0.9735—like a boxer missing a punch. 🥊

The RSI showed promise, but the bulls didn’t quite have the steam, and Bears pounced, causing a steep tumble to around $0.70. Now, reclaiming $0.68 is the priority—a tall order with volume dwindling. Keep an eye on it—it’s hanging on by a thread. 🧵

Brett [BRETT] – The Base Memecoin Takes a Hit but Bounces Back?

Brett slipped 11.35%, making it the third on the chopping block. After a promising rally past $0.09 to a four-month high, it turned tail, trimming its sails as short-term traders bailed faster than a ship in a storm. 💨

But hold your horses! At press time, BRETT had a quick intraday rollercoaster of 13.01%, hinting the game’s not over yet. If bulls can defend the $0.09 zone, it might just flip the charts again. 🔄

Other Market Collapse casualties:

Some poor coins couldn’t catch a break:

Housecoin [HOUSE] tumbled 58%, making it the weekly most-wasted effort.

Revox [REX] and Doodles [DOOD] slid down by 50% and 34.2%, respectively—must be the market’s version of musical chairs, with everyone looking for a seat.

Final Word: The Market’s a Wild Ride—Stay Sharp!

Volatility continues to keep everyone on their toes, with winners high above and losers in the mud. Ideal for traders with nerves of steel—or those with a good sense of humor. 🤡

Remember, darlings: DYOR, trade wisely, and don’t forget to enjoy the show—this market’s got more twists than a pretzel factory!

Read More

2025-05-18 22:26