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Top Performing Cryptocurrencies in Week 35

Trump Media's CRO DAT strategies, coupled with the U.S. Commerce Department's support for Pyth, led to a surge in altcoins, as Bitcoin took a slight dip.

Crypto Top Performers for Week 35 Unveiled
Crypto Top Performers for Week 35 Unveiled

Top Performing Cryptocurrencies in Week 35

In the world of cryptocurrencies, the past week has been marked by significant movements and gains. While Bitcoin has shown a pause in its momentum, other altcoins are stealing the spotlight.

Analysts have observed a bullish megaphone pattern (broadening wedge) in Bitcoin's charts, hinting at a potential breakout. If this occurs, Week 35's altcoin rally could be a preview of how the next leg higher might unfold.

The surge in altcoins is evident, with several digital assets experiencing substantial growth. Cronos, for instance, recorded a 113% increase, reaching $0.30. The main cause for this surge was the announcement of Trump Media Group's plans to launch a new digital asset platform (likely tied to content, community, or trading) called CRO DAT.

Cronos wasn't the only winner in this rally. Jito rose 16.8% to $2.05, while Conflux, KuCoin Token, and Jupiter each gained around 10%. Pyth Network saw a 97% increase, trading at $0.22, due to the U.S. Department of Commerce selecting the protocol to verify and distribute official economic data on-chain.

Smaller movers like Kaia and Gala also closed the week in the green, stacking on steady 6% and 5% gains respectively. Hyperliquid pushed just shy of that mark at 9.9%. Story Protocol, Cosmos, and VeChain followed in the mid-single digits.

Solana, on the other hand, demonstrated its staying power in these market rallies, climbing 18%, reaching $216.58. POL (formerly MATIC) and Avalanche each added over 8%. Raydium added 15.7% at $3.76.

Finally, Pump.fun added 21%, trading at $0.0034.

However, it's important to note that, as of now, there are no publicly available announcements in the last week about Trump Media Group planning to launch a new digital asset called CRO DAT focused on content, community, or commerce.

As always, it's crucial to approach investments with caution and do thorough research before making any decisions. The cryptocurrency market can be volatile, and it's essential to stay informed about the latest developments.

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