Key Takeaways
MemeCore [M], Four [FORM], and CONFLUX [CFX] turned the markets into a rollercoaster, soaring like they’d just discovered time travel. Meanwhile, Fartcoin [FARTCOIN], Bonk [BONK], and Virtuals Protocol [VIRTUAL] took a nice nap—or maybe a nosedive, depending on your mood.
This week, crypto did its best impression of a seesaw on a caffeine binge. Bitcoin [BTC] flirted with the $113,700 mark, Ethereum [ETH] slipped over 5%, probably because the US jobs data decided to be unhelpful, and fears of recession chewed the market’s ear off like a particularly persistent dog.
ETFs decided to vacate stage left, ending their “hot streak” faster than a sneeze in a hurricane. The US dropped a 160-page report on crypto, which is basically the financial equivalent of reading the terms and conditions and thinking “meh.” And amid all that chaos, memecoin mania proved that sometimes, the market is just a giant playground for high-stakes playground equipment.
Weekly Winners
Memecore [M] — Memecoin’s Surprise Party
Memecoin [M] decided to throw a sharp bullish party, jumping about 35% off its boring $0.32 baseline, after having been about as lively as a sleeping sloth for two weeks. It previously dumped over 50% from its $0.07 ICO point, proving that crypto’s version of “buy the rumor, sell the news” is alive and well.
The week kicked off with a classic retest of the $0.30 support—like checking if the floor is still there after a good stumble. Then, boisterous bulls showed up, and M surged a wild 42% in a single day, smashing through $0.45 resistance like it was a piñata at a toddler’s birthday party. Despite the fireworks, RSI stayed humble and didn’t get overexcited.

But then the party poopers arrived—supply rose near $0.70, causing sell pressure, and gains got trimmed before the week’s end. Still, M clawed back nearly all losses, giving a strong hint it might just stay bullish if it can stay above $0.45. Keep an eye—this one’s like a cat with a laser pointer of potential.
Four [FORM] — Up, Up, and Maybe Over the Rainbow
Four [FORM] wrapped the week as the second biggest gainer, popping a tidy 20% and daring to print a wick up to $4—because crypto loves a good wick. It’s now hanging around the $3.70 mark, not quite flying high but definitely not crashing either.
What’s interesting? It’s staying above $3.60—which was previously a tough nut to crack—meaning the buyers are defending that level like it’s the last piece of cake. If they keep holding that line, we might see a breakout on the horizon, possibly towards new highs. Talk about a potential rocket—just waiting for a little fuel (volume).
Conflux [CFX] — The Silent But Deadly
Conflux [CFX] is quick on its digital feet, bouncing 15% off its $0.18, and staking a claim in the winners’ circle for two weeks running. Last week’s star, CFX, took a small dive to nearly $0.15, as demand paused for breath.
This week looks more promising. Daily charts are flashing demand signals, and CFX is smashing through $0.20 resistance as I write this. Still, to truly break out, it needs to see $0.25—an inflection point where legs turn into jets. Watch this space—it’s coiling like a spring loaded for action.
Other Notable Winners
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Revisiting $0.75 looks likely—if demand doesn’t just give up entirely. Unless some brave bids appear, this could slip even lower, making FARTCOIN the poster child for volatility—fast and furious.
Bonk [BONK] — The Weekly Whoops
BONK, riding a wave of higher highs, took a 24.6% tumble, more than undoing its recent gains and breaking a five-week streak of promising upward movement. Now, it’s stuck around the $0.000025 area, doing its best impression of stable, which is crypto-speak for “holding ground, barely.”
Market risk-off sentiment is dragging Bonk down, but technically, it’s still intact. If volume revs up at support, it might rally again—like a dog with a new trick, or a meme coin with a comeback story.
Virtuals Protocol [VIRTUAL] — Support Turns into Disappointment
Virtuals Protocol had a bad week, dropping 24% from $1.60 to a more depressing $1.12. That break below the $1.70-$2.00 range is like stepping on a landmine—sudden, painful, and a clear sign sellers are taking control.
While it attempted a brief bounce, the price struggles to stay above $1.20, and the chart now screams “Bear Alert”—like a doomsday glitch in a sci-fi movie. The prior support is now just a memory, and the trend looks decidedly gloomy.
Other Notable Losers
The broader market plummeted more than a cat off a balcony. Radix [XRD] crashed 38%, Graphite Protocol [GP] dropped 36.7%, and Tokenize Xchange [TKZ] lost 36.6%. Basically, nobody was safe from the crash party this week.
Conclusion
This week felt like riding a rollercoaster with questionable safety standards: exhilarating, terrifying, and over way too fast. Stay sharp, keep your wits about you, and remember—sometimes the market’s just a giant game of “see who can scare you the most.” 🚀💥
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2025-08-03 22:22