MYX Finance [MYX] has had a standout week, surging 77% at press time with attention on its upcoming V2 upgrade. Price went from the mid-$3 range to above $6 in a matter of days, with a strong candle early in the week.
Source: TradingView
RSI indicated heavy buying pressure, and MACD accelerated too; there’s a quick change in trend strength. While price pulled back from its intraday highs, the move so far looks caused by anticipation.
For now, it looks like traders are preparing ahead of the upgrade rather than reacting after it.
World Liberty Financial [WLFI] – In the momentum trade
World Liberty Financial [WLFI] posted strong gains coming into the new year! The token climbed roughly 22% over the period, breaking out of a tight range that had capped price action through late December.
RSI showed rising momentum, and OBV turned higher after weeks of decline. There’s a lot of fresh buying activity.
WLFI has cooled just slightly near recent highs. There seems to be more speculative interest than anything else, but only time (and announcements) will tell.
Pepe [PEPE] – Leading the memecoin pack!
Pepe [PEPE] has been a clear standout among memecoins this week. At the time of writing, it is the best-performing meme token on the market, posting gains of over 70%. The next closest contender, Bonk [BONK], was far behind with a 46% rise.
There’s been a clean breakout from consolidation, followed by strong follow-through. The RSI showed an aggressive pace, while OBV proved more sustained buying interest.
Unlike other short-lived pumps, Pepe’s move has been backed by rising volume across multiple sessions. This keeps it firmly ahead of the memecoin field.
Other notable winners
Beyond the week’s top performers, a few names also stood out. Toncoin [TON] rose around 12% over the week, moving higher alongside Telegram’s launch of its self-custodial wallet in the United States.
Canton [CC] gained 28% this week, extending a multi-week rally that began after its partnership with DTCC came into focus.
Dogecoin [DOGE] also joined the move, climbing 22% as interest across large-cap and memecoin names picked up again.
Weekly losers
Uniswap [UNI] – Fading pace
Uniswap [UNI] struggled this week, slipping back after failing to hold above the $6 level.
Price got rejected near a high-volume zone, with sellers stepping in quickly after the brief push higher. RSI was just above 50, so pace has cooled.
Source: TradingView
Meanwhile, CMF was negative, so capital was slowly leaking out. Price was trading near short-term support around $5.8, where buyers previously showed up.
Unless UNI can reclaim $6 with stronger volume, the move is highly likely to be a pause under resistance.
Hyperliquid [HYPE] – Moving against the market
While much of the top 20 finished the week in the green, Hyperliquid [HYPE] moved the other way. Price slipped back toward the $25 zone after failing to hold above recent highs.
There were repeated rejections near resistance, with each bounce getting sold into quickly.
RSI showed a weak pace. Importantly, the pullback comes after a prior run-up, so profit-taking is starting to dominate. At press time, HYPE was absorbing gains, even with risk appetite being strong everywhere else.
Monero [XMR] – Cooling post-rejection
Monero’s [XMR] price was rejected near the $450 zone, causing a pullback toward $420 before buyers stepped back in. There was aggressive selling, but demand hadn’t disappeared.
The MACD remained in bearish territory, but selling pressure was clearly easing. CMF nudged back above zero, so there were mild capital inflows after the dip.
XMR is consolidating after a failed breakout, with the market still seemingly undecided on the next move.
Other notable losers
Losses this week weren’t limited to high-beta tokens. Tokenized assets Tether Gold [XAUt] and PAX Gold [PAXG] both slipped nearly 5%, so demand for defensive, commodity-linked exposure rotated elsewhere.
There’s less interest in hedging, even during uncertainty. Meanwhile, Dash [DASH] fell 3%, continuing its slow grind lower.
Conclusion
As the year unfolds, excitement will come and go faster than most New Year’s resolutions. Keep your head firmly on your shoulders, don’t chase every green candle, and DYOR before jumping in.
Here’s wishing you a calm portfolio, good timing, and a happy New Year!
Final Thoughts
- Crypto opened 2026 with broad-based gains, as the CoinMarketCap Top 20 Index rose nearly 5%.
- Rallies in MYX, PEPE, and WLFI show momentum is back, but leadership remains selective.
Source: https://ambcrypto.com/crypto-market-weekly-review-5-january-2/
