Bitcoin dropped to a seven-week low on Tuesday, falling 1.28% to $110,134, as markets reacted to President Trump’s unprecedented dismissal of Fed Governor Lisa Cook. The move raised fresh concerns over the central bank’s independence, triggering a broader risk-off sentiment. Bitcoin has now lost nearly 12% since its August peak above $124,000. Altcoins also saw sharp declines: Ethereum fell 3.92% to $4,422, XRP slipped 1.19%, Solana dropped 5.52%, and Cardano declined 3.74%.

Highlights Of The Week

Volatility in the crypto market often makes investment decisions challenging. However, seasoned traders know how to monitor and utilize the Top Weekly Gainers to boost their profits. With a mix of market insight and strategic planning, they manage risk effectively and seize new opportunities.

Leading the charge is Wayfinder (PROMPT), which surged by 126.17% over the past seven days, bringing its current price to $0.2736 with a trading volume of $273.78 million. The rise is largely attributed to its AI-powered platform that facilitates cross-chain trading and smart contract agents, driving significant momentum for the PROMPT token.

Close behind is FLock.io (FLOCK), which recorded a 124% increase this week, pushing its price to $0.4039 and maintaining a trading volume of $196.32 million. A recent partnership with HKGAI aimed at propelling decentralized AI innovation has played a key role in the token’s surge.

Another top gainer, ECOMI (OMI), saw its price jump by 145.57% to $0.0004568, backed by a trading volume of $28.98 million. ECOMI is gaining traction for its unique integration of blockchain technology with digital collectibles, using the OMI token as a backbone.

REVOX (REX) also had a strong showing, climbing 92.6% in the last 7 days to reach $0.06398, with a trading volume of $25.75 million. Its platform, REVOX.AI, is known for delivering a permissionless AI ecosystem tailored for decentralized Web3 applications.

Rounding out the top performers is Bio Protocol (BIO), which gained 49.87%, bringing its current price to $0.2022 and trading volume to a robust $461.01 million. The project empowers global communities to co-fund and co-own pharmaceutical developments through BioDAOs, a novel approach to decentralized drug innovation.

The crypto market frequently shifts between surges and setbacks, with the Top Weekly Losers underscoring the constant evolution of the space. These declines, whether sparked by regulatory moves or market sentiment, often serve as key moments for reflection and strategic recalibration.

YZY MONEY (YZY) took the hardest hit, dropping a significant 77.87% to a current price of $0.5691, with a trading volume of $39.15 million. Built on the Solana blockchain, YZY MONEY focuses on decentralized solutions for payments and digital commerce, but struggled to maintain investor confidence this week.

Codatta (XNY) also suffered a major setback, falling 45.03% over the past seven days. The token is now priced at $0.007825 and has a trading volume of $36.27 million. Codatta is a decentralized, multi-chain protocol that merges blockchain data with human and AI inputs.

The decline continued with Venice Token (VVV), which slipped 29.1% to land at $2.91. With a relatively modest volume of $5.54 million, Venice.ai offers a privacy-focused, censorship-resistant AI platform aimed at empowering creative work.

Privasea AI (PRAI), designed for confidential AI processing, also took a hit, dipping 30.39% to settle at $0.01498. With a volume of $2.91 million, the project emphasizes privacy in artificial intelligence applications, but it wasn’t enough to shield PRAI from this week's downturn.

Lastly, DMAIL Network (DMAIL) dropped by 26.42%, bringing its token price to $0.03412 and daily trading volume to $3.79 million. As a decentralized communication platform offering blockchain-based email and asset management, DMAIL has shown potential, but market sentiment was not in its favor this week.

Almanak is currently conducting its IDO on Legion, which began on August 21 and will conclude on August 28. The platform has already raised $9.45 million across four funding rounds. Almanak is a Web3 platform that leverages artificial intelligence to design and manage intelligent financial strategies, aiming to optimize decision-making in decentralized finance.

BNB Attestation Service (BAS) is participating in the Binance Wallet Booster Program, with its current funding round running from July 17 through August 28. So far, BAS has raised $200,000 across three rounds. The platform specializes in creating attestations that can either be published on-chain or kept off-chain with privacy controls governed by the user.

Boundless launched its fundraising round on Capital Launchpad on August 25, with the campaign set to close on September 1. The project is targeting a fundraising goal of $4 million. Boundless focuses on enabling verifiable computing across any blockchain and incentivizes users by rewarding useful computational work.

XorionChain is preparing for its IDO on Huostarter, scheduled to take place from August 27 to August 29. The project is aiming to raise $150,000. XorionChain is designed to bridge enterprise systems with Web3 technologies, integrating features like NPOS consensus, zk-SNARKs for privacy, and multi-virtual machine (multi-VM) support to enhance interoperability and scalability.

UOMI will launch its IDO on Spores between September 6 and September 9, with a fundraising goal of $150,000. Positioned as a Layer 1 blockchain, UOMI is tailored for AI agents, allowing them to autonomously manage digital assets and foster new on-chain economic models.

EarnPark is gearing up for its Token Sale Tier 3, which will commence on September 24. The project is seeking to raise $455,000. EarnPark is a crypto platform that provides interest-earning services, catering to investors looking to generate passive income from their digital assets.

OVERTAKE recently concluded its Binance Wallet Sale on August 25, raising $7 million across two funding rounds. Built on the Sui blockchain, OVERTAKE is a peer-to-peer marketplace designed to enable secure and efficient in-game trading for gamers.

Paradise Tycoon completed its IDO on Avalaunch on August 23, raising $2 million over the course of five funding rounds. The project offers a blockchain-based multiplayer experience where players can build, craft, and manage their own digital paradise.

RISE Chain wrapped up its Capital Launchpad sale on August 21, securing $7.2 million in three rounds. RISE is a Layer 2 platform focused on enhancing the scalability and performance of Ethereum rollups, aiming to provide faster and more cost-effective blockchain solutions.

Best Regards,
Crypto Recorder Team

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