Crypto market’s weekly winners and losers – QNT, NEAR, AKE, RAIN

This week in crypto was marked by a sharp rebound.

Bitcoin [BTC] climbed toward $86k as nearly $1 billion flowed into spot ETFs and short liquidations accelerated. Altcoins also rallied, with Solana [SOL] reclaiming $120 and several major tokens posting strong gains.

However, a few selected altcoins stood out with triple-digit weekly rallies, showing just how aggressive the momentum has become across pockets of the market.

Weekly winners

Quant [QNT] leads the rally with triple-digit weekly gains

Quant [QNT] rocketed to the top this week, registering a massive 170%+ rally. More importantly, having broken above the $160 range, QNT pushed back to the levels previously recorded in Q4 2022, re-establishing long-term holders with profits from years of holding.

This does not come without FOMO. As the weekly chart shows, QNT’s RSI has entered the extreme overbought territory, and the price stayed up some 15% on the daily chart. That is both a measure of how aggressively the momentum has picked up, and the degree of divergence that has started to appear with it.

A weak shakeout after the triple-digit rally would not be surprising, but with FOMO starting to build up with long-term holders and fresh buyers, QNT could have enough demand on board to absorb the selling pressure. This would keep the uptrend intact.

If the current structure remains intact, a move toward $200 in early Q4 does not seem too far-fetched. In turn, QNT is one of the altcoins to watch out for as Q4 kicks off.

Bitway [BTW] reinforces bullish conviction

Bitway [BTW] was the second-largest winner on the week, rallying 47%. However, unlike the FOMO-driven surge from Quant, BTW’s rally seems to have more structure to it. The altcoin has been on a roll for seven straight weeks, and recently entered a price discovery phase.

On the weekly chart, BTW broke into a new all-time high this week, crossing the $1.30 level and putting almost 100% of holders in profit. Yet, with conviction levels still high, bulls are absorbing the selling pressure, with FOMO still fueling fresh buying.

With that said, BTW is still in a bullish position even with the increasingly stretched market conditions. If the momentum continues, the next level to watch for is the $1.50 resistance. However, with seven consecutive weeks of gains, a profit-taking or short cooldown before the next leg higher cannot be ruled out.

NEAR Protocol [NEAR] sees rising risks of a weak-hand shakeout 

NEAR Protocol [NEAR] was the third-largest winner on a weekly basis, rising by 30%. Notably, NEAR broke past the $5 resistance and is now close to the levels last seen at the beginning of Q2 2025.

The price of NEAR climbed more than 30% from the previous week’s lows following an 80% bounce from the previous week. This suggests that demand from buyers is still strong, although a sharp correction could be coming soon due to the overall overheated market. Nevertheless, bulls have shown strength so far, as the daily price action is positive on the upside.

Therefore, the level to watch is $6.20, which is a barrier that NEAR has not been able to clear since Q1 2025.

Other notable winners

Outside the majors, altcoin movers also stood out this week.

Rhea [RHEA] led the action with a 314% move, followed by Aurora [AURORA] gaining 245%, while Neon [NEON] climbed 213%, rounding out the list of biggest movers.

Weekly losers

Akedo [AKE]  shows a textbook cooldown phase 

Akedo [AKE] has turned out to be the biggest loser this week following a 40% correction after last week’s rally of over 250%. The sell-off this week looks like a classic cooldown after the leveraged rally as weak longs are flushed out.

The daily chart suggests that AKE has been trending lower for six consecutive days as the RSI retreats from extremely overbought territory to the neutral ground. It is a textbook profit-taking scenario with traders cashing out their gains after AKE’s record rally to $0.16.

However, bulls are ready to step in as AKE has been range-bound around the $0.03 for almost 72 hours with consolidation and potential accumulation on the cards. If this holds, the bears are likely to be napping as AKE is poised to spring higher and pull off a classic bear trap.

With the selling pressure cooling, RSI back to neutral, and FOMO still high after last week’s 250%+ rally, AKE could be about to launch another leg higher.

MemeCore [M] enters a KEY inflection point 

MemeCore [M] was the second-largest loser of the week with a sharp 27% correction. Interestingly enough, just like AKE, M’s pullback follows last week’s 30% rally, which sent it above the $1.50 ceiling before the bears jumped in and shook out weak holders.

Nevertheless, M is consolidating nicely within a tight range, suggesting a tug-of-war between the bulls and bears. As per technicals, RSI is rolling lower but has yet to hit oversold territory, implying that sellers still have some control.

Thus, if M can hold the range and RSI starts to roll higher, bulls may regain control and propel it back toward $1.50 resistance. Otherwise, a break below the range could pave the way for further losses, especially with RSI still lower.

Rain [RAIN] reinforces bearish control

Rain [RAIN] is the third weekly loser with a 10% correction. Compared to both AKE and M, however, RAIN is displaying the worst market structure with a clear bearish bias.

On the weekly chart, RAIN’s 10% fall comes on the back of two straight weeks of downside, with the total correction now over 25% in under 21 days. Moreover, this week’s action saw RAIN hit $0.01 once again for the first time since the late-May cycle, leaving many STHs underwater.

Therefore, this support level could see action. If RAIN holds $0.01, bulls could get a chance to build a base. Whereas, the break below would see the bearish structure accelerate with an opening to another leg lower.

Other notable losers

In the broader market, downside volatility hit hard.

AutFun [AUTFUN] led the losers with an 86% drop, followed by GreenHood [HOOD] falling 75%, and Harmony [ONE] slipping 41% as momentum sharply cooled.

Conclusion

This week was a rollercoaster. Big pumps, sharp dips, and nonstop action. As always, stay sharp, do your own research, and trade smart. 

Final Summary

• Quant [QNT], Bitway [BTW], and Near Protocol [NEAR] led the week in gains.
• Akedo [AKE], MemeCore [M], and Rain [RAIN] saw significant declines.