,Last week, multiple top cryptocurrencies saw a second round of price upswings, continuing the recovery trend from the prior week.
As a result, the global cryptocurrency market capitalization grew by $140 billion, marking a 5.7% increase to $2.57 trillion.
Here are our picks for the top cryptocurrencies to watch this week, following notable movements recorded by these assets:
上周,多种顶级加密货币出现第二轮价格上涨,延续了前一周的复苏趋势。 全球加密货币市值因此增长了 1400 亿美元,增长 5.7%,达到 2.57 万亿美元。 以下是我们精选的本周值得关注的顶级加密货币,根据这些资产记录的显着走势:
PEPE, NOT and ONDO prices – May 26 | Source: Santiment
PEPE、NOT 和 ONDO 价格 – 5 月 26 日 |资料来源:Santiment
PEPE hits new ATH for second straight week
Pepe (PEPE) has been on a sustained uptrend since mid-April despite the instability witnessed across the broader market within this timeframe. Market data confirms that the meme coin sensation has recorded four consecutive intraday gains since April 20.
This trend occurred from April 20 to 23; from May 1 to 4; and from May 11 to 14.
Despite failing to engineer a similar streak this week, Pepe soared by 45.86% on May 21 and 22 while the rest of the market faced a pullback. Recall that the frog-themed meme coin hit a new all-time high of $0.00001161 two weeks back.
Pepe secured another all-time high last week when it rallied to $0.00001577 on May 25. This price upswing bucked the overall bearish trend in the market triggered by Bitcoin’s (BTC) retracement from the $71,000 high on May 20.
Pepe has surged 75.88% over the last seven days, making it the biggest gainer among the top 100 assets during this period. The meme coin is now in a price discovery phase, commanding a 24-hour volume of $1.946 billion at press time, the seventh-largest in the crypto market.
Pepe’s Accumulation/Distribution metric confirms that last week’s upsurge was triggered majorly by massive demand. The metric held a value of 615.79 trillion PEPE as of May 19, but spiked to 775.91 trillion tokens by the end of the week. PEPE now changes hands at $0.00001606, looking to secure its claim of this threshold.
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NOT collapses by another 10%
Notcoin began the week with a massive 16.1% slump on May 19.
The coin, first introduced in November 2023 as a closed beta within Telegram, was a victim of an intense selloff campaign shortly after its debut.
The token collapsed 55% after launch, as airdrop farmers trooped to cash in. Last week, this selloff campaign persisted.
Still, it gave up the opportunity to recover most of these losses on May 20, when Bitcoin and the rest of the crypto market saw an upsurge.
Notcoin only increased by a meager 2.57% and then continued its downward momentum in the days that followed.
The newcomer shed off another 10.63% from its value last week, closing the week below the $0.005 price territory.
A 10.01% recovery on May 25 was not enough to offset all the losses of last week. At its current value of $0.004964, NOT is down 86.76% from the peak of $0.0370 it clinched on Binance on the day of its debut.
ONDO clinches new ATH
Ondo (ONDO) was one of the best performers of the previous week. Like the broader market, the asset began the week on a bearish note, dropping 3.82% on May 19.
However, it rode on the market rebound effort to recover this loss, closing May 20 with an impressive 8.29% increase.
While the rest of the market retraced the gains that day, Ondo — the native token of the RWA tokenization platform Ondo Finance — saw a mild correction and then resumed its uptrend. It eventually clinched a new all-time high of $1.16 on May 24.
The asset has since surpassed this level, as it joins PEPE in price discovery mode. With a price of $1.28 at reporting time, ONDO is up 40.73% over the past seven days, making it the fifth-largest gainer within this timeframe.
The token has now recovered the 23% loss it suffered in April, up 71.88% this month.
However, Ondo’s position above the $1.28 level remains delicate, especially with a 77.29 RSI suggesting overbought levels.
The asset is due for a correction, but the bulls would need to find support at the 23.6% Fibonacci retracement level ($1.1873) to defend against any steep declines to the lower spectrum of the $1 threshold.
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PEPE 连续第二周创下新高 尽管这段时间内整个市场出现不稳定,但自 4 月中旬以来,PEPE (PEPE) 一直处于持续上升趋势。市场数据证实,迷因币自4月20日以来已经连续四个盘中上涨。这一趋势发生在4月20日至23日; 5月1日至4日; 5 月 11 日至 14 日。尽管本周未能实现类似的连续上涨,但佩佩在 5 月 21 日至 22 日飙升了 45.86%,而其他市场则面临回调。回想一下,两周前,以青蛙为主题的 meme 硬币创下了 0.00001161 美元的历史新高。Pepe 上周又创下了历史新高,5 月 25 日反弹至 0.00001577 美元。这次价格上涨与市场整体看跌趋势相反。受比特币(BTC)从 5 月 20 日 71,000 美元高点回撤引发的影响。佩佩在过去 7 天里飙升了 75.88%,成为这段时间前 100 名资产中涨幅最大的。这款 Meme 币目前正处于价格发现阶段,截至发稿时 24 小时成交量为 19.46 亿美元,在加密货币市场中排名第七。 佩佩的累积/分配指标证实,上周的上涨主要是由巨大的需求引发的。截至 5 月 19 日,该指标的 PEPE 价值为 615.79 万亿个,但到本周末飙升至 775.91 万亿个代币。 PEPE 现在以 0.00001606 美元易手,希望确保其对这一阈值的要求。您可能还喜欢: Phantom 钱包人气飙升,在 Google Play 上超越 Facebook 没有再暴跌 10% Notcoin 本周开始,5 月份暴跌 16.1% 19.该代币于 2023 年 11 月首次作为 Telegram 内测版推出,在首次亮相后不久就成为激烈抛售活动的受害者。随着空投农民蜂拥而至,该代币在推出后暴跌 55%。上周,该代币暴跌 55%。抛售活动仍在持续。尽管如此,它还是放弃了在 5 月 20 日比特币和其他加密货币市场出现上涨时挽回大部分损失的机会。Notcoin 仅上涨了微薄的 2.57%,然后在 2019 年继续保持下跌势头。接下来的日子里。新来者的价值较上周又下跌了 10.63%,本周收盘价低于 0.005 美元。5 月 25 日的 10.01% 反弹不足以抵消上周的所有损失。目前,NOT 的价值为 0.004964 美元,较其首次亮相当天在币安上创下的 0.0370 美元的峰值下跌了 86.76%。 ONDO 锁定新人 ATHOndo (ONDO) 是上周表现最好的选手之一。与大盘一样,该资产本周一开始就看跌,5 月 19 日下跌 3.82%。不过,它借助市场反弹的努力收复了这一损失,5 月 20 日收盘时涨幅高达 8.29%。当天市场回吐涨幅,RWA 代币化平台 Ondo Finance 的原生代币 Ondo 出现温和回调,然后恢复上涨趋势。它最终在 5 月 24 日创下了 1.16 美元的历史新高。该资产随后超越了这一水平,因为它加入了 PEPE 的价格发现模式。截至报告时,ONDO 的价格为 1.28 美元,过去 7 天上涨了 40.73%,成为该时间段内第五大涨幅。该代币现已收复 4 月份遭受的 23% 损失,本月上涨 71.88%然而,Ondo 在 1.28 美元上方的位置仍然脆弱,特别是 77.29 RSI 表明超买水平。该资产将进行修正,但多头需要在 23.6% 斐波那契回撤位(1.1873 美元)找到支撑来防御任何急剧下跌至 1 美元门槛下限的情况。阅读更多:专家:现货以太 ETF 并非业界认为的福音