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Crypto Weekly Rollercoaster: QNT Soars, FARTCOIN Flops—Same Old Story?

Crypto Weekly Rollercoaster: QNT Soars, FARTCOIN Flops—Same Old Story?

Author:
Ambcrypto
Published:
2025-06-01 19:00:33
19
3

Another week, another round of crypto whiplash. While Quant (QNT) and DeXe (DEXE) ride the bull wave, memecoin absurdity lingers—yes, WIF mooned while FARTCOIN lived up to its name. TradFi suits clutching their pearls? Priceless.

Winners: The Usual Suspects

QNT’s institutional-grade blockchain interoperability keeps it punching above its weight. Meanwhile, DeXe’s DAO tools are catnip for degens playing hedge fund. Both up double-digits—because nothing screams ’healthy market’ like relentless speculation.

Losers: Comedy Gold

Dogwifhat (WIF) defies gravity (and logic), but let’s talk about FARTCOIN’s -99% ’correction.’ A tokenomics masterpiece—if the goal was vaporizing liquidity. Even Wall Street’s worst pump-and-dump schemes blush at this efficiency.

Closing Thought: Crypto’s ’weekly winners’ narrative? Still just a fancy way to say ’gamblers place bets.’ The house always wins—especially when the house is a decentralized casino with zero accountability.

Weekly winners

DeXe [DEXE] – AI protocol leads with a massive single-day spike

DeXe [DEXE] secured the top spot on the weekly gainers list, posting a 15.15% rise from its $12.61 weekly open.

The week initially kicked off with a mild 0.97% decline, seemingly insignificant but crucial in setting the stage for a reversal. 

However, a strong bullish engulfing candle followed, and DEXE’s brief consolidation phase quickly gave way to a mid-week breakout.

But the catch is, the 15% intraday surge wasn’t just a random pump. It coincided with Nvidia’s blockbuster earnings report, highlighting a 12% QoQ and 69% YoY revenue jump.

Sure, some might call it a lucky pop. But the charts say otherwise. DeXe’s RSI is still sitting comfortably below overbought levels, and price is consolidating nicely right now.

If this momentum holds, that $15 level could be back in play sooner than people think.

Quant [QNT] – OS blockchain breaks through key resistance

Quant [QNT] nearly matched DeXe’s rally, ending the week with a solid 14.9% gain from its $94 weekly open. 

The bullish momentum peaked with a clean breakout above the $115 resistance, driven by three consecutive green candles that pushed QNT over 20% higher, hitting $120 on the 28th of May.

But as with any rally into overhead supply, bears seized the moment. With RSI flashing overbought levels, selling pressure kicked in, wiping out nearly half of QNT’s early-week gains.

Still, the bullish structure remains intact. The daily chart shows a firm base forming at the $102 zone, followed by a sharp 4% rebound. Catching short-sellers off guard.

QNT

Source: TradingView

The next key step? Turning this short squeeze into a sustained accumulation phase. For QNT to cleanly reclaim and hold above $120, rising volume will be crucial.

Watching for a pickup in spot buying and on-chain activity could signal whether bulls are ready to make that push stick.

SPX6900 [SPX] – Memecoin builds on last week’s rally

SPX6900 [SPX] surged 11.03% from its $0.90 open this week, landing it firmly in the top three performers.

The week kicked off with a sharp 6.73% dip, closing at $0.84, but bullish momentum quickly regained control.

Three consecutive green candles pushed SPX through the critical $1 psychological barrier, making its first close above that level in three months. In turn, signaling renewed buying interest.

However, the $1.22 level acted as strong resistance, triggering an 11.05% pullback. Despite this, the token is holding firm NEAR $0.96 at press time.

Technical indicators hint at a minor consolidation phase before the next leg up, making SPX a token to watch for potential breakout plays as bulls prepare to retake control.

Other notable winners

Outside the majors, altcoin rockets stole the spotlight this week.

Pocket Network [POKT] led the charge with a staggering 369% surge, easily dominating the leaderboard. Incrypt [INC] wasn’t far behind, posting a 200.5% jump, while Fuzzybear [FUZZY] rallied 125.2%.

Weekly losers

dogwifhat [WIF] – Dog-themed meme bleeds out on liquidity sweeps

dogwifhat [WIF] suffered the sharpest weekly decline, plunging 22.27% and claiming the worst performer spot.

After closing last week near strong resistance at $1.40, WIF entered a tight consolidation between $0.96 and $0.98 for three days, building tension.

On the 29th of May, a decisive 5.09% drop broke the balance, handing momentum to the bears.

This triggered aggressive liquidity sweeps, flushing out weak hands who were primed for a rebound off consolidation.

The selling intensified, pushing WIF below the critical $0.95 support level.

At press time, the token is lingering near $0.85, signaling sustained bearish control and a potential continuation of the downtrend unless buyers step in soon.

Pudgy Penguins [PENGU] – Bears waddled in and took control

Pudgy Penguins [PENGU] posted a 21.23% weekly decline, closely trailing the worst performers.

Unlike typical capitulations, PENGU’s drop appears to lack strong conviction, trapped in a tight speculative loop since early May.

The token has been consolidating between $0.010 and $0.017, with $0.010 proving to be a robust local support level, holding firm for the third time this month.

Despite this support, volume and accumulation metrics show no signs of aggressive buying, signaling muted demand.

Unless fresh momentum or “hype” re-enters the picture, PENGU risks extending its stagnant trading range, unable to build the bullish foundation necessary for a sustained breakout.

Fartcoin [FARTCOIN] – One bad wind wiped out all monthly gains

Fartcoin [FARTCOIN] took the third spot for weekly losses, plunging 20.98% from its $1.45 open.

The week began with a modest 4.5% dip, and given FARTCOIN’s steady resilience through similar retracements this month, a quick bounce back looked likely. Understandably, making a long position tempting.

However, bulls failed to defend momentum this time. The sharp 20%+ drop marks the token’s steepest correction of the month, pushing it back to test critical early May support near $1.05.

FARTCOIN

Source: TradingView (FARTCOIN/USDT)

This breach signals growing bearish pressure and puts the onus on buyers to hold the line.

Failure to defend this level could open the door to deeper losses, while a strong bounce here WOULD restore confidence in FARTCOIN’s floor.

Other notable losers

In the broader market, downside volatility hit hard.

Nobody Sausage [NOBODY] took the biggest hit with a sharp 46% drop, followed by Moonpig [MOONPIG] down 43.3%, and Launchcoin on Believe [LAUNCHCOIN] slipping 38.8% as momentum cooled.

Conclusion

Crypto brought chaos again this week – big gains, tough losses, and nonstop swings to keep traders guessing.

Remember: DYOR before jumping in. Stay sharp, trade smart, and ride the waves wisely!

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