Author：Encryption Jianghu
Key Takeaways
Which crypto tokens were the highest gainers this week?
Zcash [ZEC], Memecore [M], Tether Gold [XAUt] led the week in gains.
Which crypto tokens lost the most this week?
DoubleZero [2Z], Pump.fun [PUMP], MYX Finance [MYX] saw significant declines.
Crypto was a rollercoaster this week.
Bitcoin [BTC] ripped past $126k before getting hit by a $19 billion market wipeout after Trump’s 100% China tariff sent traders scrambling. Still, institutions kept buying.
Crypto ETFs pulled in a record $5.9 billion, proving confidence isn’t dead. Meanwhile, ICE dropped $2 billion into Polymarket, S&P rolled out a new crypto index, and regulators stayed busy.
In short, volatility’s back. But amid the chaos, a few mid-caps quietly stole the spotlight.
Weekly winners
Zcash [ZEC] – Privacy coin proved resilient in the sell-off
Zcash [ZEC] topped this week’s gainers with a 66%+ jump, standing out while most of the market bled after the mid-week crash. The move showed clear internal strength, as AMBCrypto noted.
On the technical side, ZEC started the week with a 25% correction, which was expected after last week’s 170% rally to $180. But strong buy-side liquidity kicked in midweek.
It drove four straight green candles, confirming bullish continuation with solid bid support near the $120 zone. However, the RSI remained above 85 at press time, showing that ZEC was deep in the overbought zone.
In simple terms, momentum is overheated, and such setups often trigger short-term corrections as early buyers lock in profits near resistance zones. In fact, the 4.7% intraday pullback to $277 fits the classic cool-off phase.
However, ZEC’s bid depth remained strong on lower timeframes, hinting that buyers were defending support.
If this support holds, ZEC could regain momentum, making a break above the $300 level in the coming week.
Memecore [M] – Memecoin launchpad kept momentum alive
Memecore [M] was the second-biggest gainer this week. It climbed 5.58% from its $2.04 open after three consecutive weeks of drawdown that shaved nearly 20% off its $3 ATH. T
Despite the broader market chop, M clearly showed impressive relative strength, confirming that capital is rotating back into memecoins. Backing this, following the market crash, M bounced 11% intraday.
From a technical standpoint, M sat at a key inflection point at press time.
A clean breakout above $2.50 could spark fresh FOMO and trend continuation. In fact, the weekly sideways consolidation around $2.15 hinted at a potential accumulation phase forming beneath resistance.
Tether Gold [XAUt] – Stablecoin saw gains as investors moved toward safety
Tether Gold [XAUt] secured the third spot among this week’s gainers, rising 2.72% and breaking above $4K. This marks back-to-back weekly gains, confirming that XAUt is firmly in price discovery mode.
As a stablecoin backed by physical gold, its resilience isn’t surprising. With the U.S. economy facing the new China tariffs and the ongoing government shutdown, investors have been rotating into safe-haven assets.
This steady uptrend reinforces XAUt’s role as a macro hedge.
In fact, since the market crash, it has posted three consecutive green days, signaling strong bid support and renewed confidence in gold-backed tokens, making it a potential opportunity buy for those seeking stability.
Other notable winners
Outside the majors, altcoin rockets stole the spotlight this week.
ChainOperaAI [COAI] led the charge with a 1,990% surge, followed by AtomeOne [ATONE], which jumped 188%, and Giggle Fund [GIGGLE], rallying 140% to round out the leaderboard.
Weekly losers
DoubleZero [2Z] – Trading platform lost last week’s gains
DoubleZero [2Z] led this week’s losers with a 50% drop, reinforcing its bearish market structure. On-chain activity remained subdued, suggesting that dip-buying interest was minimal, as AMBCrypto noted.
Looking at the daily chart, a small green candle on the 6th of October reflected a minor 0.83% uptick, but the momentum quickly faded, giving way to four consecutive weekly lows.
In short, bulls failed to flip key levels into support, with the $0.50 zone holding as resistance. Until that trend reverses, expecting a meaningful rebound remains premature, especially in a choppy, risk-off market.
In this context, a further downside correction in 2Z could escalate into a full-blown breakdown, testing key structural supports. The token remained highly vulnerable, making it unsuitable for retail exposure.
Consequently, market decisions are largely in the hands of smart money.
Pump.fun [PUMP] – Meme token had its worst week
Pump.fun [PUMP] posted a 41% pullback, emerging as the second-biggest weekly loser. In fact, this represented PUMP’s largest weekly decline to date, even surpassing the 30% drop seen in early Q3.
Unlike Memecore, PUMP failed to attract significant capital. On-chain and chart data showed massive outflows, with consecutive red daily candles pushing the token back toward its early July levels.
However, the week began with a 3.93% rebound around the $0.006 level, but the timing was poor. Momentum was already fragile, with PUMP down 14% before the midweek crash, signaling that bears are firmly in control.
MYX Finance [MYX] – DeFi yield aggregator failed to hold support
MYX Finance [MYX] emerged as the third-biggest loser this week, dropping 30.44%. This followed a 70% pullback last week, reinforcing a weak market structure and signaling that the decline isn’t solely market-driven.
Technically, MYX has entered Q4 with a clear bearish bias, a sharp reversal after an extremely bullish end to Q3, when the token rallied to a $20 all-time high with a massive 218% weekly gain in early September.
The aforementioned downturn reflected a cool-off phase, with bids largely absent. On the daily chart, MYX posted lower lows, the most recent at $1.25, leaving it vulnerable to further depreciation if buyers do not step in soon.
Other notable losers
In the broader market, downside volatility hit hard.
Anoma [XAN] led the losers with a 73% drop, followed by PunkStrategy [PNKSTR], down 63%, and DeAgentAI [AIA], which slipped 58% as momentum sharply cooled.
Conclusion
This week was a rollercoaster. Big pumps, sharp dips, and nonstop action. As always, stay sharp, do your own research, and trade smart.
