Weekly Crypto Roundup: Top Performers and Biggest Drops — VELVET, BEAT, WLD, XLM

Crypto markets continued to face headwinds this week, with Bitcoin and Ethereum both struggling to recover momentum. Risk appetite remained muted as macroeconomic uncertainty persisted, keeping major assets under pressure. However, while blue-chip cryptocurrencies failed to attract sustained buying interest, capital quietly shifted into a select group of lower-cap tokens — igniting triple-digit surges in some corners of the market even as large-cap profit-taking picked up pace.

**WEEKLY WINNERS**

**Velvet (VELVET) — Ecosystem Token Dominates the Leaderboard**

VELVET claimed the top spot among weekly gainers, surging an impressive 235% over the course of the week. The token is now closing in on its all-time high of $1.80, and given the magnitude of the move, a short-term consolidation or pullback would not be out of the ordinary.

The RSI has entered deeply overbought territory, hinting that profit-taking pressure could build. That said, VELVET's price history offers a reason for bulls to remain confident. Back in early June, a 157% rally didn't mark the end of the uptrend — the token continued climbing for three additional weeks, demonstrating sustained buyer conviction even under overbought conditions.

Another factor supporting the bullish case is the extended consolidation that preceded this week's breakout. After its initial run toward $1.80, VELVET spent several weeks ranging around the $0.50 level before making its move. That type of base-building often produces more durable breakouts compared to straight vertical price action.

Both the daily and weekly timeframes still favor buyers. A brief cooldown would be considered healthy, but the primary trend remains bullish. If demand continues to hold, a push beyond the $1.80 all-time high looks plausible, with the $2.00 mark becoming the next key psychological target.

**DeXe (DEXE) — Decentralized Protocol Sustains Bullish Momentum**

DeXe secured the second spot on the weekly gainers list, posting a 60% advance. The token's return to the $22 level is particularly significant — it's the first time DEXE has traded there since Q4 2021, meaning a substantial cohort of long-term holders has finally moved back into profitability.

Historically, this kind of milestone tends to trigger increased selling from those looking to exit at breakeven. Yet DEXE's recent behavior tells a different story. Despite three consecutive days of retracement, the token bounced nearly 4% within 48 hours, indicating that buyers are actively stepping in to absorb sell pressure.

This dip-buying dynamic keeps the broader uptrend structurally intact. If the current bullish momentum is maintained, a clean break above $25 could attract fresh demand and encourage existing holders to stay positioned — potentially setting up a run toward the $30 area as the next major upside objective.

**Audiera (BEAT) — Entertainment Token Rebounds Sharply After Oversold Collapse**

Audiera rounded out the top three weekly gainers with a 45% rally. The timing is notable: just one week prior, BEAT had collapsed nearly 70%. Such a rapid reversal typically signals aggressive re-entry from buyers who viewed the selloff as an overextension.

The sharp decline appears to have flushed out excess leverage and shaken out weaker participants. Additionally, the RSI has cooled back toward neutral, providing BEAT with more technical room to move higher.

The critical level to monitor is $2.50, which currently represents key resistance. A decisive break above it could open the path toward $3.00. However, a 3% intraday pullback suggests sellers are still actively defending that zone. If resistance holds, BEAT may need to consolidate further before mounting another meaningful breakout attempt.

**Other Notable Gainers**

Beyond the top three, several altcoins posted eye-catching moves. Cortex (CX) led the broader market with a staggering +2,710% surge, followed by Biconomy (BICO) at +246% and Synapse (SYN) rounding things out with a +186% advance.

**WEEKLY LOSERS**

**MemeCore (M) — Meme Token Collapses Amid Insider Manipulation Reports**

MemeCore recorded the steepest decline of the week, crashing 70% after reports emerged suggesting insider manipulation. The resulting panic selling wiped out a significant portion of the token's recent gains, drawing direct comparisons to Audiera's collapse from the prior week — and potentially setting up a similar reversal scenario.

The technical damage was severe. MemeCore lost the $1.00 support level and retreated to the $0.60–$0.65 range, effectively erasing its entire post-October rally. The aggressive selloff has pushed the RSI deep into oversold territory, a sign that sellers may be nearing exhaustion.

One constructive outcome of the crash is the clearing of excess leverage. According to data reported by AMBCrypto, nearly $8 million in long positions were liquidated, accompanied by a wave of short liquidations as well. This kind of market reset tends to create more stable conditions for price to establish a base rather than continuing an uncontrolled leveraged decline.

Over the last 48 hours, MemeCore has been trading around the $0.65 level, showing early signs that buyers are beginning to absorb selling pressure. Whether M can replicate BEAT's style of sharp recovery remains to be seen, but the initial stabilization signals are worth watching closely in the sessions ahead.