This Week's Crypto Market Recap: XLM Soars 190%, BONK and POPCAT See Red

This week has been eventful for the cryptocurrency market, with significant price movements shaping the dynamics of the top 100 digital assets by market capitalization.

Stellar Lumens (XLM) emerged as the biggest gainer among the top 100 cryptocurrencies last week, surging by over 190%, according to data from CoinGecko.

The token's price soared from around $0.19 at the beginning of the week to over $0.58 by the week's end, fueled by strong market sentiment and sustained buying activity.

A technical analysis of XLM's daily chart revealed a parabolic move, with the token breaking multiple resistance levels.

The 50-day and 200-day SMAs at $0.14 and $0.10 were decisively breached earlier in the week, triggering a golden cross.

The RSI stood at 94.98, deep into overbought territory, suggesting the possibility of a short-term correction as traders lock in profits.

Meanwhile, the Chaikin Money Flow (CMF) indicator remained positive at 0.40, reflecting robust inflows of capital into XLM, which could sustain its bullish trajectory in the near term.

Hedera Hashgraph (HBAR) also had a stellar performance last week, notching up a remarkable 76% price increase, to become the second-highest gainer in the crypto market.

Its price started the week at around $0.08, but a 60.19% spike on 18th November took its price to around $0.14.

It witnessed uptrends and downtrends during the week but ended the week at around $0.15.

HBAR was trading at $0.152 at press time, reflecting sustained bullish momentum.

However, its volume has declined by over 26% in the last 24 hours, with data showing it at $1.5 billion as of this writing. Its market capitalization was almost $5.8 billion as of this writing.

Rounding up the top gainers in this category is Tezos (XTZ), making it its second week as a top gainer.

According to data from CoinGecko, XTZ gained over 69% in the past week.

Its price trend showed it started the week with an over 8% decline at around $0.79. However, a spike of over 47% took its value to around $1.17 the next day.

Like HBAR, its price fluctuated subsequently but ended the week at around $1.15, after an over 2% increase.

As of this writing, it has seen another massive increase with an over 22% spike, and its price was at $1.4.

Its trading volume has spiked by over 63% in the last 24 hours and is now over $380 million. Its market capitalization is around $1.4 billion.

Outside the top 100, this week’s top gainer, Big Dog Fink (BINK), surged by over 690%.

The second and third-largest gainers were Dolos The Bully (BULLY) and We Love T*ts (TITS), with over 401% and over 258% increases, respectively.

Popcat (POPCAT) emerged as the biggest loser in the market last week, facing significant selling pressure with an over 18% drop in value, according to data from CoinGecko.

AMBCrypto’s analysis of its price trend showed it started the week positively with an over 9% increase, taking its price to around $1.9.

However, POPCAT saw sharp declines subsequently, ending the week at around $1.4. The price was trading at around $1.48 with a weak uptrend attempt, but it remained below critical price zones.

Its volume was around $128 million, with an over 26% decline in the last 24 hours. Also, its market capitalization was around $1.46 billion as of this writing.

Dogwifhat (WIF) encountered a turbulent week, recording a significant 14% decline over the past seven days, making it the second-largest loser in the market.

In the last seven days, WIF has failed to sustain above its critical psychological level of $3.50, triggering increased selling activity.

AMBCrypto’s look at its chart showed that its price was around $3.6 at the beginning of the week but had declined to around $3.2 by the week’s end.

Trading at $3.30, at the time of writing, the token struggled to maintain its foothold after a sharp correction from the recent high of $4.00 earlier in the month.

Also, The Choppiness Index [CHOP]