The cryptocurrency market recorded another week of losses spurred by President Donald Trump's sweeping new tariff measures. However, some unconventional coins bucked the trend with healthy returns.
What happened: EOS, the native token of the open-source blockchain EOS Network, led the market with a 20% rally, extending its monthly gains to almost 30%.
The rally was spurred by the network's decision to rebrand to Vaulta, a network focusing on Web3 banking and real-world asset tokenization.
Cryptocurrency | Gains +/- | Price |
EOS (EOS) | +20.60% | $0.6965 |
Fartcoin (FARTCOIN) | +8.46% | $0.4453 |
OKB (OKB) | +7.00% | $51.43 |
As strange as it may sound, Fartcoin returned more than 8% to its holders during a week when cryptocurrency heavyweights capitulated. The Solana SOL/USD-based coin surged more than 70% over the last month.
OKB, a cryptocurrency exchange token, followed Fartcoin with an impressive 7% rally last week.
Elsewhere, the sentiment was grim. Blue-chip coins Bitcoin BTC/USD and Ethereum ETH/USD dropped 5.39% and 13.94%, respectively, largely attributed to Sunday's crash.
Large-cap altcoins such as XRP XRP/USD, Solana SOL/USD, and Cardano ADA/USD also felt the pinch, losing 13%, 17.51%, and 14.23%, respectively, in the last week.
Memecoin heavyweights Dogecoin DOGE/USD and Shiba Inu SHIB/USD slid 14% and 9.78%, respectively.
The total cryptocurrency market capitalization fell 8.5% to $2.45 trillion.
Photo by Avi Rozen on Shutterstock
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