The cryptocurrency market experienced a dynamic week, marked by a moderate rebound led by Bitcoin, which reclaimed the $111k level following favorable U.S. inflation data. Amidst this overall optimism, significant capital rotation occurred, creating both impressive rallies and notable declines across various altcoins as investors sought out utility assets and reacted to market catalysts.
Ascending Stars: This Week's Top Gainers
Leading the pack of gainers was Humanity Protocol [H], soaring an impressive 110% to a new All-Time High of $0.40. This surge was primarily fueled by a strategic partnership with Sui [SUI], aimed at massively scaling H's user base. While a 20% pullback due to a long squeeze was observed, the dip is viewed as a healthy cooldown, given the project's strong fundamentals. Virtuals Protocol [VIRTUAL] secured the second spot with a 50% rally, reclaiming the critical $1 mark. However, caution remains as on-chain data hints at a potential bull trap, requiring a sustained hold above $1.50 to confirm genuine strength. Rounding out the top three was Zcash [ZEC], extending its robust October momentum with a 30% push, reinforcing its bullish narrative and defending higher lows above the $280–$290 support zone. Beyond these, altcoins like Tokenbot, Ore, and EVAA Protocol also registered triple-digit gains, highlighting the diverse opportunities in the market.
Facing Headwinds: Weekly Losers
On the other side of the spectrum, PancakeSwap [CAKE] topped the list of weekly losers, sliding 7% and approaching a crucial $2.50 support level. This decline, following last week's dip, indicates a lack of bullish defense, with previous rebounds proving short-lived and unsustainable. To regain momentum, CAKE would need to break above $3. Story [IP] followed as the second-biggest loser, dropping 5% and marking its worst monthly performance with a 41% decline. Sellers continue to offload positions, leaving the token vulnerable as it struggles to defend the $3–$4 support zone. Mantle [MNT] also faced a 5% dip, exhibiting a clear bearish bias and limited accumulation. The token is nearing a key $1.50 support zone, a historical rebound point, but current momentum suggests a potential breakdown if this level fails to hold. Other significant declines were seen in BNB Attestation Service, Saros, and Lorenzo Protocol, reflecting broader downside volatility.
