In the face of bearish situations, everywhere it’s the word of Fantom Ave that succeeded in uncertain market conditions. All but Bitcoin Gold, FTM, Loopring, and AAVE all staged a strong recovery. WAVES and HNT, on the other hand, keep falling and destroying fresh supports.

It was a bad week for Bitcoin and the crypto market as a whole last week. However, by the end of the week, a small portion of the market had begun to recover slightly. On Sunday, Bitcoin rebounded from Friday’s low of $28,000 to sit just above the $30,000 mark. Nevertheless, the newfound 30k support was short-lived, and at the time of this writing, the top crypto is still fluctuating between $29k and $30k.

Ethereum has also been in the red this week, trading primarily below the $2,000 mark for the majority of the time. Ethereum Classic, on the other hand, has seen a significant increase in value over the previous week, rising by more than 24%.

In contrast to Apecoin’s recent rise, metaverse coins have had a rough time in the last week. Mana (MANA) and Apecoin (APE) have lost more than 8% and 6%, respectively, in the last week. Approximately the course of May, the DeFi sector saw a decline from a high of $73.46 billion to $55.2 billion, a loss of over $0.4 billion from the TVL total.

Top Gainers: Bitcoin Gold and Loopring Set New Highs Despite Bitcoin bearishness, as Fantom and Ave succeeded.

Bitcoin Gold

Bitcoin Gold (BTG) did well despite the general crypto market’s recent gloomy emotions. In the past week, BTG has risen from a low of $20 to a high of just under $24. The price of Bitcoin Gold climbed to $34.50 on Monday, the most it had been since April 30. Robert Kiyosaki’s tweet that Bitcoin and Gold should be “saved” is likely responsible for BTG’s strong performance. Once again, it’s in the “top 100” thanks to the bullish rise that has boosted its market value to more than $417,000,00. Hard fork Bitcoin gained roughly 22% in a week prior to this article’s publication.

Loopring

Only a few cryptocurrencies, such as Loopring, have made a swift comeback since the market’s general downturn. GameStop’s self-custodial wallet, which makes use of the ZK-rollups technology pioneered by Loopring, was the catalyst for the uptick in sales that followed. This week’s weekly pin-bar pattern was followed by Loopring’s high of $0.667 on Monday.

Following a similar announcement by GameStop about NFT marketplace integration, the price of LRC increased by 50% earlier in March. Over the previous seven days, LRC has gained 21%, trading at roughly $0.59.

Fantom succeeded.

Fans were surprised to see Fantom perform so well despite market conditions Fantom flourish after a rough period, much to their amazement. In the previous seven days, the price of the popular blockchain’s native token has risen by more than 17%. Speculation about Andre Cronje’s return to the DeFi project was the driving force behind the change. Andre is a well-respected DeFi developer. This week’s weekly candlestick for Fantom was green because to rumors of Cronje’s return to the project and GitHub activity.

Fantom is currently trading at about $0.41, down 5% from its weekly high of $0.522 as of this writing.

Aave Ave succeeded.

Looking at the recent market conditions Fantom Aave Flourish It’s no surprise. But Aave is another top performer with double-digit gains. despite market conditions Aave Flourish and The AAVE has been trending up since the second week of May, despite the market’s bearish mood. The Lens Protocol, a decentralized social media site, was announced by the decentralized liquidity protocol a few days ago. It’s possible that the additional construction has raised the project’s resale value as well. Additionally, AAVE’s price has risen about 14 percent in the last week.

As of this writing, Aave’s market value was more than $1 billion, and it was trading at $100 per share.

Ethereum Classic

Unlike ex-sister Ethereum, Ethereum Classic (ETC) in the current market conditions, Fantom Aave Flourish has no doubt, but Ethereum Classic (ETC) has also shown renewed bullish strength. In the last seven days, the price of ETC has risen from around $21 to $23.66, representing more than a 13% increase. In addition, the token for the decentralized computing platform reached a high of $25.69 on May 25th. According According to a cryptocurrency journalist, an increase in miners could be one of the reasons for ETC’s increase. He adds that miners are currently moving away from Ethereum due to the upcoming merge phase of the blockchain.

Top Losers: Blockchain Protocols Waves, Kadena, Helium Dig Deeper as Fantom and Ave succeeded

Waves

In the “top losers” list, this multi-purpose blockchain platform is not a stranger. There has been a gradual fall in the value of the project’s tokens since March 31. In spite of many short-lived market rallies, WAVES failed to take advantage of the opening. Over the last week, WAVES has fallen by about 21%. WAVES was trading just below the $6 mark at the time of this writing.

Kadena

For a brief period in mid-May, Kadena showed some resistance to the recent decline. The proof-of-work blockchain network has recently established KDSwap, a decentralized exchange, so progress appears to be proceeding. But since its most recent high of $3.48 on Sunday, Kadena has been slipping. Although it’s been roughly 35 percent lower since then, KDA is still down significantly. KDA’s value has plummeted by roughly 21% in the past week. A break of $2.5 would be a catalyst for a resurgence in KDA, which is now trading at approximately $2.30.

Helium

The Helium blockchain was also severely affected by the recent market collapse. Helium (HNT), like WAVES, has been on a downward trend since April, with just a few tiny rebounds. It appears as if Helium’s native token, HNT, is aiming to break through the $7.28 support level. Furthermore, HNT’s share price has fallen by 15% in the last week to $7.57.

Algorand

The proof-of-stake (PoS) blockchain had another dismal week, plunging even further from its previous low. After reaching a high of $0.50 on Tuesday, the native token of the ALGO system dropped to $0.42. ALGO has dropped 13% in the last week and is now approaching its prior support level. Analysts have also forecasted that it could fall as low as $0.34 in the near future.

At the time of this writing, Algorand ALGO, which has a market cap of approximately $3 billion, is trading at $0.40.

Avalanche

Despite the Terra-inspired catastrophe, Avalanche boldly rose to a high of $37.07 on Sunday. When AVAX traded below $26.87 on Tuesday, it was the first time it had broken through its daily support level, which was set at $27.51.

This week, the PoS token was one of the largest losers with a drop of 14%. With a 4% increase in value in the last 24 hours, AVAX is currently trading at $28.

Making a right decision in the current market situation is difficult to predict which crypto will take its benchmark. As fear is the biggest problem with everyone, it’s good to understand the market and take your right decision and swap your tokens with SwapWolf as mentioned above Fantom and Ave succeeded

Disclaimer: NFTs and crypto goods are both unregulated, which means they carry a significant level of risk. If you lose money in these transactions, you may have no remedy from the government.