Despite a muted week for market leaders Bitcoin and Ethereum, which fell 3.5% and 5% respectively, several altcoins posted significant gains. Stable surged 25%, Morpho climbed 23%, and Decred gained 10%, all supported by technical indicators. Meanwhile, Dogecoin dropped 12.5%, ZCash fell over 20%, and pippin cooled off after a prior explosive rally, highlighting a week of mixed sentiment across the cryptocurrency landscape.
Cryptocurrency markets presented a mixed picture this past week, with major assets struggling while select altcoins gained ground. Bitcoin (BTC) and Ethereum (ETH) saw declines of 3.5% and 5%, contributing to a less confident overall market mood.
The standout performer was Stable (STABLE), which posted a commanding 25% weekly gain. Its price rose from around $0.023 to $0.029 after a breakout, supported by rising volume and a change in buyer activity.
Morpho (MORPHO) saw a 23% gain, recovering from a brief pullback as bulls stepped back in. The project also ranks among the top liquid staking projects by developer activity over the past 30 days.
Decred (DCR) made a decent rebound, gaining around 10% after recovering from a brief dip. Other notable winners included Injective (INJ), World Liberty Financial (WLFI), and Memecore (M).
On the losing side, Dogecoin (DOGE) fell about 12.5%, with sellers maintaining the upper hand and price repeatedly failing to hold short-term recoveries. Network activity showed relatively modest usage demand with roughly 26,000 daily transactions.
pippin (PIPPIN) cooled off after last week’s explosive 280% surge, dropping nearly 10% in a classic post-rally cooldown. ZCash (ZEC) fell more than 20% after failing to hold onto its mid-month rally.
Other notable losers included Shiba Inu (SHIB), which fell 10%, Pepe (PEPE) dropping 17%, and Internet Computer (ICP) sliding 14%. Short-term moves rarely tell the full story in these volatile markets.
