Caught up in the excitement of this Christmas week, the crypto market has swung between spectacular euphoria and painful drops. Performances to trace in the top & flop crypto of the week.
Top Crypto: the momentum recovery
PIPPIN dominates
PIPPIN has established itself as the undisputed star of the last seven days. With a progression of 38.74% over the week, this crypto has benefited from a series of favorable factors.
A short squeeze of $10,590,000 accelerated the rise, while around fifty wallets coordinated the purchase of $19,000,000 worth of tokens, reducing the available supply. Speculative interest has also been rekindled thanks to its association with BabyAGI, thereby enhancing the appeal for AI.
CC
Canton (CC) recorded a surge of 29% the previous week.
Announcements regarding the tokenization of Treasury bonds by DTCC have strengthened the project's credibility while its roadmap for 2026 rekindles enthusiasm. Among the key milestones are the launch of a pilot project worth 1 billion dollars in tokenized assets, the 'Fusion' update in the first quarter, and the deployment of quantum resilience, a guarantee of security and sustainable institutional adoption.
NIGHT
Midnight (NIGHT) completes this winning trio with a rise of 21.45% over the week. The project, backed by the Cardano ecosystem, benefits from the efforts of Charles Hoskinson, who is multiplying technical publications around his privacy technologies.
Rumors of a major stablecoin partnership and a technical rebound above moving averages strengthen investor optimism, who see NIGHT as a serious candidate for a broader market recovery.
Flop Crypto: tensions and disillusionments
AAVE
On the contrary, AAVE drops by 15% in seven days. An internal governance dispute and the estimated loss of 10 million dollars per year related to the integration of CowSwap have weakened confidence.
Adding to this is a context of widespread caution, and the selling pressure naturally intensifies on the decentralized lending giant.
IP
Story (IP) is also undergoing a complicated sequence: -10% weekly and -44% over a month.
On-chain activity remains low, daily revenues barely fluctuate between 17 and 45 dollars, and the prospect of unlocking 66% of the stock fuels fears of further dilution. The RSI, already in oversold territory, confirms a persistent bearish technical trend.
PUMP
Pump.fun (PUMP) sinks by -10% over the week after a massive sale of 3.8 billion tokens by a whale, resulting in a loss of 12 million dollars.
Uncertainty has increased with a legal procedure for misconduct, heavily weighing on investor morale. In a market dominated by Bitcoin, the most fragile altcoins are feeling the full impact of this loss of confidence.
The moral of the story: during Christmas week, no one sleeps except for the toad and crypto.
