The crypto market saw a broadly negative week, with Bitcoin falling 3% and altcoins declining 1.52%. Despite the slump, a handful of assets significantly outperformed. Bittensor (TAO) rallied up to 44.7%, while memecoins like Memecore and Siren boosted their sector. Other notable gainers included DeXe, Fetch.ai, and Chiliz. Meanwhile, Polkadot, Aave, and NEAR Protocol were among the week’s largest losers, with several AI and DeFi tokens also posting substantial declines.
The cryptocurrency market faced another week of declines, led by Bitcoin’s 3% drop. Data showed the altcoin market cap fell by 1.52%, meaning Bitcoin’s losses were greater than the broader altcoin sector’s. Many top 50 assets were in the red due to this correction and wider market fear. A few select tokens, however, managed to significantly outperform.
Bittensor (TAO) was a leading bull, with a rally reaching from $261.1 to $377.8. This represented a 44.7% move at its zenith before it receded to the 50% level. The memecoin sector was an outperformer, up 5.8% overall according to Glassnode data. Memecore’s strong 33% gains and Siren’s performance likely boosted the overall memecoin market cap.
Other weekly winners included DeXe (DEXE) and Artificial Superintelligence Alliance (FET), up 18.5% and 11.8% respectively. Chiliz rallied 11.9% over speculation of increased fan token activity for the upcoming FIFA World Cup 2026. Canton also saw a surprise surge, rallying 13.47% in 12 hours on Saturday.
On the losing side, Polkadot (DOT) sank back to its early February support near $1.25. The popular DeFi protocol Aave continued its six-month downtrend, notching a 10.7% weekly loss as its $100-$105 support zone was breached. NEAR Protocol shed 9.7%, falling below the $1.3 and $1.2 levels that had served as interim supports.
Other notable losers included Internet Computer (ICP), down 7.1%, highlighting the erratic performance of the crypto AI sector. Ethena (ENA) and Mantle (MNT) shed 6.5% and 7.2% respectively, while Worldcoin (WLD) dropped 12.5%. Bitcoin defended the $65,600 local lows, and Ethereum remained above $2,000, but this stability was noted as potentially fragile.
