Bitcoin experienced a 3% decline over the past week, continuing its downward trend from the previous week. Despite this, several altcoins outperformed the market. Bittensor (TAO) led the bullish altcoins with a 44.7% surge, reaching a high of $377.8 before stabilizing. Memecore also saw significant gains, rising 33% and boosting the overall memecoin market, which was up 5.8%.
Canton was another standout, rallying 13.47% in a short period, while DeXe and Artificial Superintelligence Alliance (FET) increased by 18.5% and 11.8%, respectively. Chiliz gained 11.9% amid speculation of increased fan token activity for the upcoming FIFA World Cup 2026.
On the downside, Polkadot (DOT) and Aave faced significant losses, with DOT testing early February support levels and Aave losing 10.7% as it continued its downtrend. NEAR Protocol and Worldcoin (WLD) also saw declines, with WLD dropping 12.5% over the week.
TAO and Memecore Lead Crypto Market Gains Amid Bitcoin Decline
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