Crypto Market’s Weekly Winners and Losers: XLM, MOG, JTO, SYRUP Surge and Plunge

Crypto market’s weekly winners and losers – <a href="https://usdaed.com/xlm-usd/">XLM</a>, MOG, JTO, SYRUP

Key Takeaways

This week, MemeCore, Stellar, and Mog Coin took the lead with noticeable price increases, while Jito, Tokenize Xchange, and Maple Finance experienced substantial drops.

This week marked some significant milestones in the cryptocurrency world. For the first time, Bitcoin surpassed its previous resistance at $111k and hit a record-breaking high. In response, other sectors of the market also experienced an influx of capital, mirroring this upward trend.

In contrast to the overall market, a brand new Layer 1 blockchain exclusively for meme coins surpassed expectations, recording remarkable growth in excess of 100% during the past week.

Weekly winners

MemeCore [M] — Meme-focused Layer 1 blockchain surged to a $1 valuation

This week, MemeCore [M] took the lead among top performers, experiencing an impressive jump of over 830% from its initial price of $0.09.

In essence, MemeCore is the inaugural Layer 1 blockchain designed explicitly for Meme 2.0 financial assets. The objective behind its creation is to reshape the concept of memecoins beyond being merely investment tokens.

As an analyst, I’ve observed that the market is aligning positively with M. To begin the week, M experienced a significant surge of approximately 71.59%, marking its most substantial daily increase since its debut on the 3rd of July.

In the course of my research, the anticipated moment arrived as Bitcoin surpassed the $110k resistance level. With this breakthrough, I observed a shift in capital towards meme stocks. Notably, M experienced a four-day streak of gains, amplifying its rally by an impressive 215% or more.

On the 11th of July, M’s run reached its peak as it surpassed the $1 mark. However, a significant decline occurred immediately after, erasing approximately 32% of the weekly growth.

According to AMBCrypto, it signals some clear risk-adjustment. The red candle was hard to miss.

A 11% daytime recovery has assisted symbol M in maintaining roughly $0.65, yet considering the 25% decrease in trading volume, the momentum seems to be slowing down. If no new bids emerge, it’s likely that M might find it challenging to reach a fresh peak in the short term.

Steller [XLM] — P2P blockchain posted a breakout rally

Wrapping up the week on a strong note, Stellar (XLM) saw an impressive 80% increase, securing its position as the second-highest gainer among the top performers.

During the rally, XLM followed the general market trends, but its subsequent reversal held more significance because throughout Q2, it mostly recorded lower lows and dropped to a minimum of $0.20.

To start off the week, it experienced a gentle decrease of 0.81% near the $0.25 resistance level. However, it swiftly reversed direction the following day, surging by 4.45%.

Five consecutive green candles were triggered, which propelled the price back towards the $0.45 range, a level not reached since late January.

This strong recovery of XLM is its most significant since the initial Q1 rally, possibly luring inactive or loss-making investors to regain profitable or break-even positions.

In simpler terms, RSI (Relative Strength Index) shows that the asset is heavily bought, moving towards an overbought state. However, MACD (Moving Average Convergence Divergence) indicates a bullish trend. The next move depends on broader market risks, but if momentum continues, it’s likely we could see a rise above $0.50.

Mog Coin [MOG] — Memecoin soared to a six-month high

Mog Coin [MOG] closed the week with a strong 78% rally, making it the third-best performer.

In simple terms, the overall value of meme coins increased by 22%, surpassing a total market capitalization of more than $60 billion. Yet, it was MOG that truly shone.

The initial trading day saw a decline of approximately 4.05%, with the price dropping to $0.0000010. However, this trend reversed rather swiftly, possibly as a result of a short squeeze, causing a substantial increase of around 10.10% the very next day.

After that point, MOG continued to run uninterrupted for five consecutive meetings, peaking at a six-month maximum of $0.0000017. However, a decrease by 50% in trading activity implies that a temporary cooling down might be occurring.

If the market continues to be optimistic (risk-on), there’s a possibility that more funds might flow into aggressive investments such as MOG. Under such circumstances, reaching the resistance level at $0.0000020 becomes quite likely.

Other notable winners

Outside the majors, altcoin rockets stole the spotlight this week.

In this scenario, Manyu took the front line with an impressive 543% increase, closely trailed by Kori that soared by 326%. Lastly, Hyperlane experienced a significant 318% rise, completing the top performers list.

Weekly losers

Jito [JTO] — Solana’s liquidity protocol posted a lower low

This week, JTO closed nearly 3% lower than its opening price of $1.90, standing as the sole clear weekly loss among the top 100 performers.

But despite the red close, this week might’ve marked a key turning point.

Over the last several days, JTO has been stabilizing within a narrow band of prices between approximately $1.70 and $1.95. This relatively small price movement is noticeably different from its decline during late Q2, which saw three consecutive weekly lower lows and established a bearish pattern.

This consolidation appears distinct, showing more control and less excitement compared to past cycles. It might signal the initial stage of amassing resources, potentially marking a genuine accumulation period.

Should bulls sustain this level and push beyond $2.00, it could potentially change the trend direction and pave the way for challenging the $2.50 resistance level.

In that case, JTO could be setting up for a cleaner Q3 reversal with strong upside potential.

Tokenize Xchange [TKX] — The trading platform token fell to a five-year low

Last week, TKX (Tokenize Xchange) ranked among the biggest losers, hitting a five-year low of $1 – the most significant daily loss since it first started trading.

After TKX experienced a breakdown at the end of May, the slide continued, breaking the crucial $25 support level. There’s been persistent downward pressure on the price.

However, despite RSI indicating severe overselling, TKX unexpectedly displayed a surge of resilience towards the end of the trading week, spiking by 6.49% in a single day and currently trading around $11.71 as we speak.

The asset experienced its longest period of continuous growth (green candle) in more than a month, indicating that investors might be buying at significantly low prices. If this upward trend persists, it could signal a potential recovery.

Nonetheless, achieving the $20 mark again won’t come without effort. The bulls would require several tries to reverse the overall sentiment in the long run.

Maple Finance [SYRUP] — The DeFi platform extended it bearish Q3 trend

Maple Finance’s SYRUP token ended up being the third-worst performer for the week, with its price decrease continuing following a peak of around $0.63 in late June, indicating an ongoing downward trend.

Despite a brief late-week rebound attempt last week, the bulls couldn’t keep the momentum alive.

This week, SYRUP started with a significant 7.59% decrease, falling beneath the $0.58 support level. Afterward, the price stabilized near $0.50, yet the recovery effort appears insufficient at this point.

Unless this range starts showing real accumulation, the odds of a breakout remain slim.

Other notable losers

In the broader market, downside volatility hit hard.

In this case, SpaceN took the lead among the struggling companies, experiencing a significant decrease of 47%. Following closely was Seraph, with a drop of 40%. Lastly, Bananas for Scale saw a decline of 39%, indicating a noticeable slowdown in momentum.

Conclusion

This week saw a rollercoaster ride for cryptocurrencies. With significant increases, sudden declines, and constant fluctuations, traders found themselves on tenterhooks. Remember to conduct thorough investigation, remain vigilant, and trade prudently as usual!

2025-07-13 23:09