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January 20, 2025

Weekly Roundup: The Most Successful Crypto Traders

Weekly Roundup: The Most Successful Crypto Traders

It’s been a wild ride in the crypto world this week! Volatility has reigned supreme, but some digital assets have somehow managed to achieve impressive growth despite the turbulence. Let’s take a moment to spotlight the five cryptocurrencies that stood out, along with the reasons behind their price surges.

Brief Overview of the Week’s Market

When it comes to the cryptocurrency market, things can change in the blink of an eye. But this week, we saw some assets manage to carve out a niche for themselves, registering substantial gains that caught the eyes of traders and investors alike. Over the past week, these coins have experienced a remarkable upswing, fueled by community momentum, partnerships, and more. Here’s what you need to know.

Top 5 Gainers of the Week

Official Trump (TRUMP): A Memecoin Phenomenon

Leading the charge among the gainers this week is TRUMP, a memecoin that has seen its value skyrocket by over 734%. At the time of writing, TRUMP trades at over $55, boasting a market cap that eclipses $11.04 billion. The coin was launched on January 18 and hit an all-time high just one day later, quickly reaching a market cap above $15 million.

The TRUMP rocket ride can mostly be attributed to the coin’s listings on some major exchanges. It debuted on Solana, then caught the attention of Binance, and most recently, Robinhood added it to their roster. The momentum has been relentless.

Onyxcoin (XCN): Governance and Utility Token

Another standout has been Onyxcoin (XCN) with an increase of over 410% in the past week. Currently trading above $0.013, it holds a market cap of roughly $405 million. The coin began its ascent on January 16 and has increased steadily since.

XCN’s growth stems from its various uses — a 30% discount for payment in XCN for Chain products has attracted buyers. Moreover, it seems that there are over 950 unique stakers actively using XCN.

Onyx is a blockchain infrastructure for Web3, aiming to help organizations build better financial services.

Toshi (TOSHI): The Memecoin with a Story

The memecoin Toshi (TOSHI) has also been on a roll, increasing by over 217% in the last seven days. Starting on January 14 and reaching a market cap of $200 million, TOSHI is now valued at over $158 million.

It was listed on Bybit, Crypto.com, and recently on Coinbase’s roadmap. The coin is meant to represent Brian Armstrong’s cat, named after Satoshi Nakamoto.

Fartcoin (FARTCOIN): Community-Driven Success

Fartcoin (FARTCOIN), another memecoin, surged by over 197% in the last week. The coin gained traction beginning on January 13, and during that time peaked at $2.51 before dropping to its current price of over $2, with a market cap of over $2.06 billion.

It managed to flip WIF in market cap a few days ago and became the top token bought by smart money.

DeepBook Protocol (DEEP): Decentralized Liquidity Layer

DeepBook Protocol (DEEP) follows closely behind with a price surge of more than 151% in the last week, starting at $0.13 and reaching an ATH of almost $0.34. Currently trading above $0.31, with a market cap exceeding $869 million, DEEP’s price trajectory began on January 13.

The project aims to build a global liquidity layer on Sui.

Factors Driving Price Increases

The impressive price increases of these top gainers can be attributed to several factors:

  1. Exchange Listings: Major exchange listings often provide a vital boost to visibility and volume.

  2. Community Engagement: A strong and engaged community can drive viral marketing efforts.

  3. Utility: Real-world applications and partnerships can lend credibility to the asset.

  4. Innovative Technology: Unique solutions to existing problems can capture interest.

While the current market is exciting, it is essential to approach this landscape with caution. Cryptocurrencies are notoriously volatile, and thorough research remains crucial before investing. The substantial rises experienced by these coins this week depict the ongoing evolution of the crypto market. Keeping up with these trends is key to identifying potential future opportunities.

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Egor Romanov
About Author

Egor Romanov is an experienced crypto analyst, professional trader, and author of trading strategies and the Cryptorobotics blog, where he shares his knowledge about cryptocurrencies and financial markets.

Alina Tukaeva
About Proofreader

Alina Tukaeva is a leading expert in the field of cryptocurrencies and FinTech, with extensive experience in business development and project management. Alina is created a training course for beginners in cryptocurrency.

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