Important points
Which crypto token has gained the most value this week?
Immediately [SOON]internet computer [ICP]Filecoin [FIL] It led this week’s rate of increase.
Which crypto token lost the most money this week?
SPX6900 [SPX]virtual protocol [VIRTUAL]bitensor [TAO] A significant decrease was observed.
Cryptocurrency markets have been indecisive this week.
Bitcoin’s [BTC] The integration of 100,000 remained unstable. Ethereum [ETH] At low volumes, it drifted sideways.
Overall, it was a week of volatile price movements, light trading, and a strong wait-and-see mood.
Meanwhile, with Major League Baseball in limbo, traders were instead looking for faster wins with smaller, news-driven plays.
weekly winner
Immediately [SOON] – Promising Alternatives Soar with Triple-Digit Breakouts
Immediately [SOON] It topped this week’s gainer chart with an astounding 185% gain. A bullish structure was already in place, but this week’s market decline appears to have triggered a deeper allocation to altcoins.
The stock initially started the week 2.24% lower, marking a two-week period of price action below the $1 level. Movements in such a narrow range often indicate potential accumulation and can be a preparation for a breakout.
Then, on November 5th, SOON sparked a 119% rally to close at $1.60. This accounted for nearly 65% of the weekly gain.
Furthermore, with the RSI pushed deep into overbought territory, a selloff seemed very likely.
Source: TradingView (SOON/USDT)
Still, the bearish momentum proved short-lived.
By the end of the week, SOON had climbed another 70% or more, hitting all-time highs for the second time in a row. This move strengthened the bullish structure as the bulls aggressively defended key levels.
Looking ahead, if this trend continues, we could soon see the next test of the $2.50 resistance. On the other hand, the recent intraday drop of 10.85% to $2.15 could serve as a short-term cooldown and that level could turn into support.
internet computer [ICP] – Web projects recovered to Q1 levels
internet computer [ICP] has soared 70% this week, emerging as the second biggest winner. This rise followed the release of the company’s AI platform, Caffeine, which immediately sparked a market frenzy.
However, it is important to distinguish between hype and reality to see if ICP can sustain its bullish run. On the daily chart, it has fallen about 20% since breaking above $9, highlighting clear signs of capitulation.
At the same time, derivatives saw an inflow of $85 million on the caffeine news, severely squeezing longs. Unless the bidding happens again, ICP’s weekly rally appears to be driven more by hype than fundamentals.
file coin [FIL] – Storage Tokens Test Bullish Resilience After Solid Rise
file coin [FIL] This week it ranked third with an increase of 54%. Similar to ICP, the surge in FIL coincided with sector-wide momentum in the DePIN network ahead of DePIN Day on November 18th, sparking a frenzy.
As noted by AMBCrypto, derivatives activity surged, with volume up 819%, open interest up 115.8%, and 24-hour selling volume reaching $88 million, suggesting FIL could target $2.4-2.6.
However, the bulls will need to establish a solid support level as consecutive red candles erase more than 25% of the gains.
Otherwise, continued selling pressure could push FIL back towards $1.7, testing the resilience of recent buyers.
Other notable winners
Outside of the majors, the altcoin Rocket has been in the spotlight this week.
D-agent AI [AIA] Leading the way with a 568% jump, followed by Ore. [ORE] Jump rate 395%, Tomi [TOMI] He closed out the leaderboard with a 268% recovery.
weekly loser
SPX6900 [SPX] – Synthetic index token breaks through major support level
SPX6900 [SPX] fell 25% to top this week’s losers chart. Although this decline was part of a market-wide meme coin cooldown, SPX’s performance still stands out as the weakest among its peers.
Looking at the weekly chart, SPX has hit four consecutive lows, falling from $1.6 to $0.67 at the time of writing, reflecting a bearish structure that caused further selling as the bulls failed to defend key support.
This week, this decline took SPX below the $0.80 low and returned the memecoin to its mid-May levels. Spot buyers have intervened, but the impact will remain limited unless solid support forms.
Source: TradingView (SPX/USDT)
That said, the odds are not in the bulls’ favor.
Given that the overall market remains risk-off, meme coins are under pressure, and rotational flows are subdued, a break below $0.60 could trigger a deeper pullback and drag SPX to pre-April FUD levels.
virtual protocol [VIRTUAL] – AI projects intensify resistance at key levels
virtual protocol [VIRTUAL] It ranked 2nd on the weekly losers chart, down 20% from its opening price of $1.67. As an AI-focused coin, this performance in a risk-off market marks an important departure from the past two weekly gains.
Notably, after rising 100% over the past two weeks, this week’s 20% decline looks like a reset phase. However, AMBCrypto tracked a whale that released 26.42 million virtual tokens, which triggered the current decline.
So the focus clearly shifts to the bull.
This rotation looks like a strategic exit as VIRTUAL tests the $1.9 resistance for the second time in three weeks. If the bull fails to break through again, further bleeding may continue for the next two weeks.
bitensor [TAO] AI-focused blockchains saw mass exit of traders
bitensor [TAO] It took third place on the weekly losers chart, dropping 20% to $360. What is noteworthy is that this rebound erased about a month’s worth of gains, and prices returned to mid-October levels.
On the daily chart, a bearish structure is forming.
Earlier this week, an attempt at a mid-week rebound was crushed by sellers, causing an 8% decline on November 8th and failing to convert the $400 level into a solid bottom for the recovery.
Looking ahead, a breakout of the $360 floor could trigger further declines in the short term. Additionally, as traders realize profits from TAO’s $530 peak, bulls may struggle to absorb pressure, leaving the downside exposed.
Other notable losers
The broader market was hit hard by downside volatility.
wilder world [WILD] 87% drop leads losers, followed by SEDA [SEDA] 63% decrease in paparazzi tokens [PAPARAZZI]which fell 49% as momentum quickly cooled.
conclusion
This week has been a roller coaster. Big pumps, sharp dips, and non-stop action. As always, stay calm, do your own research, and trade wisely.