Finance

Crypto Market Shocks: PEPE and WIF Star in Wild Week of Gains and Losses!

2025-05-11

Author: Ying

Big Winners Make Headlines!

The cryptocurrency landscape has been electrifying this past week, with Bitcoin bouncing back to a notable six-figure valuation, triggering an influx of capital that set off astonishing rallies across the altcoin spectrum.

But the week's main attraction? Memecoins. Yes, the high-risk, high-reward flavor of the crypto world was not to be overlooked.

Top Gainers of the Week

**Pepe [PEPE] – The Memecoin King Strikes Again!** Pepe [PEPE] emerged as the ultimate winner, skyrocketing an impressive 61.60% to touch a five-month high of $0.00001406! After a slow start hampered by previous bearish trends, PEPE received a little momentum boost from Bitcoin's resurgence, leading to a fascinating surge as it broke through four crucial resistance levels with ease.

However, warning signs are appearing as the Relative Strength Index (RSI) suggests PEPE may be overheating. Analysts from AMBCrypto stress that its next move heavily relies on Bitcoin's performance.

**dogwifhat [WIF] – A Stellar Comeback!** dogwifhat [WIF] closely followed PEPE, jumping 61% and breaking out of a tough trading range. Currently trading at $0.89, WIF's strong performance marks a 131.57% rise over the month! With bulls targeting the coveted $1 mark, WIF shows promise, though a correction could occur if market sentiment shifts.

**Pi [PI] – The Utility Token Unstoppable!** Striking fierce momentum, Pi [PI] rallied 60% this week, reaching $1.05. Unlike the memecoins, PI is powered by robust on-chain activity, showing a staggering 208% increase in trading volume. As excitement builds, the potential for PI to consolidate its position looms large.

Notable Other Gainers!

The wider market didn’t fall short either, with Moo Deng [MOODENG] topping the charts with an astounding 220.6% increase, while Purple Pepe [PURPE] and Titcoin [TITCOIN] also made their mark with gains of 203% and 191% respectively.

Weekly Losers: A Rocky Ride!

**UNUS SED LEO [LEO] – Bearish Pressure Takes Its Toll!** Unfortunately for LEO, it was the biggest loser this week with a 7.89% drop. A weak start to the week created a cascade of bearish activity, causing significant worry among investors.

**DeXe [DEXE] – A Bullish U-Turn Gone Wrong!** DeXe closed 3.35% down from its opening price this week. Following a brief rally, the price slipped back below $15 resistance, urging some caution among traders.

**SoLayer [LAYER] – A Struggle for Survival!** SoLayer extended its losses with a dramatic decline that shocked many, spiraling down by over 40% amidst a liquidity crisis, trading as low as $1.18. Without support in sight, it faces potential for a third consecutive week in the red.

Final Thoughts!

In what can only be described as one of the wildest weeks in cryptocurrency, the volatility remains high, leaving both hope and apprehension in the air. As always, remember to conduct your own research before making any investment moves! Stay vigilant, and happy trading!