Top coins with the biggest gains and losses in the past week: M, MYX, BNB, XMR

Last week marked a challenging period for the cryptocurrency market as red dominates across the board. The leading coins, Bitcoin (BTC) and Ethereum (ETH), both plummeted, recording declines of approximately 10% and 13% respectively over the week.

However, the market picture is not entirely bleak. While the “big players” struggle to find support, some names are going against the trend, making impressive breakthroughs and attracting investor attention.

Pour yourself a cup of coffee and review the most significant gainers and losers to better understand the contrasting colors of the cryptocurrency market over the past week.

The strongest gainers of the week

Memecore (M): A week of intense volatility

Memecore (M) just experienced a highly volatile trading week, with prices constantly fluctuating sharply but without forming a clear trend. After a sharp drop to a weekly low around $1.28, this token quickly rebounded about 23%, climbing to the $1.58 region. The recovery even pushed the price close to $1.9 before profit-taking pressure returned and sellers regained control.

Daily M/USDT chart | Source: TradingView At the time of writing, M is trading around $1.57, losing some of its previous gains and closing the most recent session with about a 15% daily decline. Nevertheless, the strong bounce from the bottom indicates that demand remains quite evident at lower levels, somewhat limiting further deep decline.

From a technical perspective, momentum remains cautious as the price oscillates around the recent mid-range, with indicators like RSI approaching the 50 mark. This behavior reflects a state of indecision, showing that both buyers and sellers have yet to gain enough control to dominate the market.

MYX Finance (MYX) maintains stability as the market regains balance

MYX Finance (MYX) experienced a relatively steady week compared to the overall market, maintaining a positive tone amid the recovery. MYX’s price increased from around $5.40 early in the week to nearly $6.44 at the time of writing, representing about an 18% rise from the short-term low. Previously, this token tested the $6.8–$7.0 zone before a slight correction.

Notably, MYX mostly stayed above the $6.5 level, indicating relatively stable support.

On a short-term basis, daily performance has not shown a breakout, with the latest increase being only about 1.4%. However, strength indicators remain positive, reflecting that MYX’s current price structure is still quite healthy — at least for now.

Midnight (NIGHT) tries to recover after a long slide

Midnight (NIGHT) went through a week of choppy trading, with a brief recovery enough to temporarily break the previous downtrend. The token hit a weekly low around $0.046, then saw buying pressure emerge, pushing the price up to the $0.054–$0.055 range, a roughly 17% rebound from the bottom.

However, the upward momentum quickly weakened and couldn’t be sustained.

At the time of writing, NIGHT trades around $0.0537, down about 2.2% in the latest session. For most of the week, the price mostly moved sideways after the rebound. Technical indicators reflect a balanced state, with RSI around 47. While NIGHT shows signs of stabilizing, the market overall still lacks enough momentum to establish a clear trend.

The biggest losers of the week

Binance Coin (BNB) plunges sharply

Binance Coin (BNB) experienced one of the most gloomy weeks, with sellers nearly completely dominating the market. From the $760–$770 range, BNB sharply declined to a weekly low near $600, representing a roughly 15% drop in the worst-case scenario.

Notably, this weakening coincided with a surge in trading volume, indicating strong selling pressure from investors.

Daily BNB/USDT chart | Source: TradingView As of now, BNB is trading around $643, significantly lower than at the start of the week. The price mostly moved sideways in the final sessions, suggesting selling pressure has eased somewhat, but market sentiment remains cautious with no clear signs of recovery.

From a technical standpoint, RSI dropped to around 26, indicating BNB is in oversold territory, while DMI continues to reinforce the bearish outlook with the downtrend still dominant.

Monero (XMR) continues to face prolonged selling pressure

Monero (XMR) recently experienced a sharp decline as selling pressure intensified, leaving little room for a clear rebound. The token’s price fell about 20%, from around $400 down to a weekly bottom near $290. Although there was a slight bounce afterward, the recovery remains weak and unconvincing.

At the time of writing, XMR trades around $325.7, down about 1.1% from the previous session. Market momentum remains weak, as reflected by RSI around 33. The recent deep drop appears to have shaken investor confidence in this privacy-focused coin significantly.

The downtrend of Zcash (ZEC) persists

Zcash (ZEC) continues to face a gloomy week. From the $290–$300 range, the token plunged close to $200, with a decline of over 30% at the most negative point. Bottom-fishing demand appeared around the lows, leading to a technical rebound, but the upward move remains cautious.

Currently, ZEC trades around $234, down about 2.7% in the day. However, buying strength is not enough to generate new momentum, and the price keeps facing resistance as it attempts to rise. RSI hovers around 32, indicating oversold conditions, while the flow of funds remains predominantly negative — reflecting that market sentiment has yet to improve significantly.

Summary

Some coins are fighting against the tide, others are crashing hard, and many projects remain stagnant as if the recent wave never happened. If a conclusion must be drawn, it’s this: the market remains extremely volatile, increasingly selective, and definitely not operating according to anyone’s expectations.

As usual, this is not a buy or sell recommendation list. Do your own research (DYOR), double-check the numbers, and don’t let a single green candle temporarily sweep you into euphoria — because it can turn around and fall just as fast.