Fartcoin Returns Over 8% In A Week Marked By Dogecoin, Ethereum Bloodbath
The cryptocurrency market recorded another week of losses spurred by President Donald Trump's sweeping new tariff measures. However, some unconventional coins bucked the trend with healthy returns.
What happened: EOS, the native token of the open-source blockchain EOS Network, led the market with a 20% rally, extending its monthly gains to almost 30%.
The rally was spurred by the network's decision to rebrand to Vaulta, a network focusing on Web3 banking and real-world asset tokenization.
Cryptocurrency
Gains +/-
Price
EOS (EOS)
+20.60%
$0.6965
Fartcoin (FARTCOIN)
+8.46%
$0.4453
OKB (OKB)
+7.00%
$51.43
As strange as it may sound, Fartcoin returned more than 8% to its holders during a week when cryptocurrency heavyweights capitulated. The Solana (CRYPTO: SOL)-based coin surged more than 70% over the last month.
OKB, a cryptocurrency exchange token, followed Fartcoin with an impressive 7% rally last week.
Elsewhere, the sentiment was grim. Blue-chip coins Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) dropped 5.39% and 13.94%, respectively, largely attributed to Sunday's crash.
Large-cap altcoins such as XRP (CRYPTO: XRP), Solana (CRYPTO: SOL), and Cardano (CRYPTO: ADA) also felt the pinch, losing 13%, 17.51%, and 14.23%, respectively, in the last week.
Memecoin heavyweights Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) slid 14% and 9.78%, respectively.
The total cryptocurrency market capitalization fell 8.5% to $2.45 trillion.
Photo by Avi Rozen on Shutterstock
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