Crypto Chaos: Dash’s Wild Ride & The Tragic Fall of DoubleZero – Here’s What You Missed!

by

Key Takeaways

Which crypto tokens were the highest gainers this week?

Well, look who’s back in the spotlight! Dash [DASH], Virtuals Protocol [VIRTUAL], and Zcash [ZEC] decided to grace us with some significant gains.

Which crypto tokens lost the most this week?

And on the flip side, DoubleZero [2Z], Aster [ASTER], and Ethena [ENA] somehow managed to get dragged through the mud, showing us the true meaning of “losses.”

The crypto market started off this week like a teenager entering a new school year-optimistic but unsure of the future. The Fed made sure not to upset the apple cart too much, keeping their updates “balanced,” which was basically code for: “Don’t get too excited.” So, Bitcoin [BTC] decided to chill around $110k and just not do much.

The real headline-grabber? Solana [SOL]. It pulled in a jaw-dropping $44 million in one day thanks to its shiny new ETFs. Oh, and just in case you missed it, utility coins-yes, actual useful ones-took a bow and stole the show. Imagine that! Real-world usage actually matters!

Weekly Winners

Dash [DASH] – Privacy Token Breaks Into Multi-Year High

Dash [DASH] stormed into the week like a caffeine-fueled squirrel, posting a mind-blowing 80% rally, reclaiming the kind of price levels we last saw in 2022. And let’s not forget that FOMO that followed like an eager puppy. DASH finally broke out of its slumber after months of sitting around doing nothing. There was some early drama, though-price action dipped 2.3% and almost gave everyone a heart attack. But don’t worry, the buyers came in like superheroes, pushing it back up and making everyone forget about that brief moment of panic.

Now, we’ve got a situation: the $100 barrier is looming large, ready to test Dash’s patience. It’s not all smooth sailing, though. DASH’s derivatives activity spiked 55%, which basically means that some traders are playing a risky game of leverage poker.

But here’s the catch-DASH is looking a bit overcooked on the chart with the RSI sitting at 90. That’s right, folks-deep in the “danger zone.” So, a profit-taking wave could come crashing down like a bad hair day. The $50 floor is the level to watch. If that breaks, expect some very awkward moments as the price could fall faster than a lead balloon.

But, if the bulls manage to keep the support strong, Dash might just keep on chugging toward that $100 breakout. But if not? Well, let’s just say you might want to brace for impact.

Virtuals Protocol [VIRTUAL] – AI Agent Shows Resilience Across the Board

Virtuals Protocol [VIRTUAL] wasn’t about to be outdone by Dash’s spotlight-hogging antics. It had its own 25%+ rally, proving that sometimes, slow and steady does win the race-just without the fireworks. VIRTUAL’s rise was more about solid fundamentals than any magic potion of hype. Mid-week, it got a solid bump thanks to its integration with Coinbase’s x402 payment protocol. The end-of-week spike at $1.9 made the whole thing look like a well-planned strategy rather than a fluke.

Zcash [ZEC] – Privacy Veteran Enters Price Discovery Mode

Then, of course, there’s Zcash [ZEC], which continued its victory lap from last week with a 20% gain. It’s like the cool, mysterious kid who never says much, but everyone’s too afraid to ignore. ZEC pushed through $400, setting a new all-time high. You can practically hear the privacy token enthusiasts cheering from here.

But let’s be real, it’s looking a little stretched. $450? Pffft, that’s yesterday’s news. The real question is whether ZEC can break $500 without taking a breather first. For now, the dips are more like buying opportunities-at least for those with nerves of steel.

Other Notable Winners

Let’s not forget the altcoin army. Virtuals Game [GAME] led the pack with a 110% jump, followed closely by SEDA [SEDA] at 95% and Railgun [RAIL] at 91%. These little rockets were like the underdogs of the crypto week, proving once again that you don’t need to be a household name to make waves.

Weekly Losers

DoubleZero [2Z] – Governance Token Sees Largest Weekly Sell-Off

And now, for the losers. DoubleZero [2Z] took the crown with a whopping 28.62% drop. That’s not exactly the kind of performance you write home about. After a brief moment of glory last week, 2Z decided to show everyone how to crash and burn. Early signs were ominous: a 7% drop to start, and then it was downhill from there. Panic set in, and sellers just couldn’t hit the brakes. By the end of the week, 2Z was staring at $0.17, a key level where things could either recover or get even uglier.

Will the bulls come to the rescue, or is this the beginning of the end for DoubleZero? Only time will tell, but if it drops further, we might see a race to the bottom.

Aster [ASTER] – DEX Token Sees Market-Wide Selling Spree

Aster [ASTER] had a pretty awful week too, dropping 18%. The catalyst? Binance founder CZ decided to unload 35 million tokens, and the market reacted like you’d expect-sharp and unforgiving. Despite attempts to find support at $0.9, the bears weren’t done yet. If the selling pressure keeps up, further downside is definitely on the table.

Ethena [ENA] – Synthetic Dollar Protocol Shows Weak Follow-Through

Ethena [ENA] was another token that decided to test gravity this week, dropping 15%. After a couple of weeks of gains, it couldn’t push past $0.50, and now it’s stuck in a loop of disappointment. The price action is just a sad little dance of lower lows, with no real signs of breaking free. Don’t expect a dramatic recovery unless $0.50 finally gets reclaimed, but at this point, it’s anyone’s guess.

Other Notable Losers

The broader market took a hit too. ChainOperaAI [COAI] plunged 80%, Giggle Fund [GIGGLE] dropped 61%, and Believe [BELIEVE] saw a 51% dip. Ouch. These tokens might want to reconsider their strategies or face a long road to redemption.

Conclusion

So, what did we learn this week? Well, if you’re in the crypto world, expect wild swings. Some tokens soared, others plummeted-classic crypto drama. But as always, remember: do your own research, don’t bet the farm on one token, and if you can’t handle the volatility, you might want to stick to something less stressful. Like knitting.

Read More

2025-11-02 22:43