Quant leads crypto altcoin rally with 170%+ weekly gain

  • Quant led weekly altcoin gains after rising more than 170%.
  • Rhea gained 314%, Aurora rose 245%, and Neon climbed 213%.
  • Akedo, MemeCore, and Rain were the leading weekly losers.

Crypto markets staged a sharp weekly rebound, with Bitcoin climbing toward $86,000 as nearly $1 billion flowed into spot ETFs and short liquidations accelerated. Solana reclaimed $120, while Quant led the altcoin advance with a gain of more than 170% after breaking above $160 and returning to levels last recorded in the fourth quarter of 2022. Quant’s weekly RSI entered extreme overbought territory, raising the risk of a shakeout even as renewed demand from long-term holders and new buyers could support the uptrend. Bitway rose 47% over seven consecutive weeks, broke above $1.30 into price discovery and put nearly 100% of holders in profit; $1.50 is the next resistance to watch. NEAR Protocol gained 30% after breaking $5, with $6.20 identified as its next barrier. Other major weekly winners included Rhea, Aurora and Neon, which rose 314%, 245% and 213%, respectively. On the downside, Akedo fell 40% after a rally of more than 250% the previous week, MemeCore declined 27% and Rain dropped 10% amid a broader weakening market structure. AutFun, GreenHood and Harmony recorded larger losses of 86%, 75% and 41%.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.