Weekly Winners and Losers in the Crypto Sphere

The crypto market experienced wild fluctuations this week, with Aster (ASTER), DeXe (DEXE), and Story (IP) leading the pack in gains. On the flip side, Fartcoin (FARTCOIN), SPX, and Raydium (RAY) faced substantial losses.

The drama unfolded against the backdrop of the Federal Reserve's historic rate cut, which set the stage for a flurry of investor activity. On September 17th, the Fed slashed rates by 25 basis points—the first reduction of 2025. Interestingly, while Bitcoin (BTC) held relatively stable, Ethereum (ETH) and various altcoins rallied, although investors remained cautious.

Astounding Winners of the Week

1. Aster (ASTER): A Phenomenal Surge!

Aster (ASTER) took the crown with an astonishing surge of over 1,500%. The timing of its launch coincided perfectly with the Fed's rate cut, drawing significant capital into the token. In just hours, ASTER skyrocketed to $0.58, representing a staggering 500% increase. The market cap quickly approached $1 billion, thanks to a shoutout from Binance's founder, Changpeng Zhao (CZ). Momentum diminished slightly after hitting an intraday peak of $2, as early investors took profits. If the price stabilizes around $1.50, it may set the stage for another bullish leg.

2. DeXe (DEXE): Breaking Free from Consolidation

DeXe (DEXE) surged 67.17%, marking its first breakout of 2025 from a prolonged consolidation phase. After hitting a base at $7, DEXE managed to break through key resistance levels, thanks in part to increased buy-side pressure and its integration with TheOneTradeAI. This momentum could continue as long as it stays above the $9.50-$9.60 support zone.

3. Story (IP): Sustained Bullish Momentum

Story (IP) emerged as another winner with a 27% increase, bringing its price to $12.45. Unlike many of its competitors, this NFT project has enjoyed consistent weekly gains, signaling a strong bullish trend. If it breaks through the $14 mark, further gains could be on the horizon.

Other Notable Winners

This week, other altcoins also made impressive moves. APX soared by a massive 1,413%, while CreditLink Token (CDL) increased by 299%, and Hypurr Fun (HFUN) enjoyed a 180% rise.

Weekly Losers: The Decline Continues

1. Fartcoin (FARTCOIN): A Deepening Slide

Fartcoin (FARTCOIN) took the title of biggest loser, down 12.45% from $0.87. After a high of $1.69 in late July, FARTCOIN has struggled to halt its downward trend, facing resistance each time it attempts to break the $1 barrier.

2. SPX: Bears Regain Control

SPX6900 fell 10.46% to $1.20 as bullish momentum fizzled. Trapped below a $2 resistance, it seems poised for further dips unless aggressive buying returns.

3. Raydium (RAY): Testing Lower Support

Raydium (RAY) dropped 8.10% to close at $3.11, hitting its fourth consecutive lower weekly low. With the market looking shaky, the outlook is bleak unless it can regain some upward momentum.

Other Noteworthy Losers

In other market news, volatility was rampant, with Troll tumbling by 42.5%, followed by Collector Crypt down 41.6%, and Four slipping 38.9%.

Conclusion: A Wild Week Ahead in Crypto

This week proved to be tumultuous, filled with dramatic spikes and sharp declines. As always, approach the market with caution, do your due diligence, and trade smart!