The Few, the Proud, the 235%: A Velvet-Covered Week for Altcoin Rebels 🏆

Bitcoin [BTC] and Ethereum [ETH] extended their weak performance this week as persistent macro uncertainty kept risk appetite subdued across major cryptocurrency markets. While large-cap assets struggled to gain traction, capital rotated into select low-cap altcoins, producing triple-digit rallies in a handful of tokens even as broader sentiment remained cautious and profit-taking accelerated.

Velvet [VELVET] emerged as the week's biggest gainer with a 235% rally, closing in on its $1.80 all-time high. The token's RSI has pushed deep into overbought territory, a signal typically associated with potential profit-taking. However, price history shows that after a 157% rally in early June, VELVET continued advancing over the following three weeks, indicating buyers remained firmly in control. Following its prior run to $1.80, VELVET consolidated around the $0.50 level before breaking out. If buying pressure continues, a move above $1.80 puts the $2 level in focus.

DeXe [DEXE] ranked as the second-biggest weekly gainer at 60%, reclaiming the $22 level for the first time since Q4 2021 and returning a large portion of long-term holders to profit. After pulling back for three straight days, the token bounced nearly 4% in under 48 hours, with buyers absorbing selling pressure. A break above $25 could open a path toward $30.

Audiera [BEAT] rounded out the top three with a 45% rally, reversing a nearly 70% crash recorded the prior week. The sharp prior move flushed out excess leverage and reset the RSI toward neutral, giving the token additional room to advance. The $2.50 level now stands as the next key resistance to watch.