Kaia [KAIA] Surges 17.6% in Volatile Crypto Market

This week, the crypto market experienced significant volatility, with several tokens making notable gains and losses. Leading the pack of winners was Kaia [KAIA], which saw a 17.6% increase from its base price of $0.15. The token's momentum shifted dramatically from the 18th to the 29th of June, with a sharp 23% rally triggering a short squeeze that propelled KAIA through the $0.20 resistance level. This move marked a five-month high for the token, signaling a potential trend reversal after a period of consolidation. However, sustaining this momentum has proven challenging, as KAIA shed nearly 10% in just two sessions, slipping below the $0.18 support zone. If bulls can reclaim and hold this level as a higher low, the structure remains constructive, and another test of the $0.20-$0.21 liquidity pocket could follow.

Sei [SEI], an L1 blockchain, also made significant gains this week, closing with a 15% increase to rank second among the top weekly performers. After weeks of sliding lower and touching a two-month low at $0.17, SEI found its footing early this week, kicking off a solid four-day rally that sent the token up by 24% and helped it reclaim the key $0.23 level. However, a quick 6.5% dip erased a chunk of those gains, showing that the market’s still on edge, likely reacting to broader macro jitters. Technicals aren’t looking overheated, and there’s still potential for a rebound if $0.21 holds. If the bulls can keep the pressure on, SEI might just take another shot at $0.25.

Bitcoin Cash [BCH], an alternative to Bitcoin, grabbed the third spot on this week’s gainer board with a solid 10% climb from its $462 open, continuing the upward momentum from last week. However, just as BCH poked above the $500 mark, a level it hadn’t touched in five months, macro fears kicked in and triggered a textbook long squeeze. The result was a sharp pullback that wiped out half the gains, dragging the price back to $460. Despite this, the bigger picture looks bullish. BCH has flipped key resistance levels, most recently the $420 zone, into support, a strong sign of buyer conviction. With some froth now shaken out, this reset might just set BCH up for another leg higher once the market steadies.

On the losing side, AB [AB] led the weekly losses, shedding nearly 30% from its $0.014 opening, flipping from last week’s biggest winner. The reversal wasn’t entirely unexpected, as last week’s explosive breakout pushed AB to a three-month high and left the RSI deep in overbought territory, flashing early warning signs. This week, the correction came swift and heavy: Four consecutive red candles, each printing a lower low, wiped out nearly 75% of the previous rally. Despite macro-driven capital rotation into utility tokens, AB’s case signals broad-based panic selling. Volume collapsed by 81%, indicating a lack of dip-buying interest and increasing the probability of further downside. With momentum firmly bearish and the $0.010 support hanging by a thread, a breakdown below this level seems increasingly likely unless bulls step in with conviction.

SPX6900 [SPX], a memecoin, is closing in on the top weekly loser spot, posting a 28.7% decline from its $1.48 open. The memecoin extended its downtrend from last week’s $1.70 peak, a critical resistance level last tested in late January. With momentum fading and RSI signaling exhaustion, profit-taking was inevitable. What’s more concerning is the sustained bid-side weakness. SPX broke below the $1 psychological support, triggering a sharp 25% intraday flush over four sessions and dragging the price to a new monthly low of $0.97 at press time. Without a strong bullish reaction soon, the door is open for a deeper correction, with $0.50 emerging as the next key support.

Fartcoin [FARTCOIN] posted a steep 26.77% weekly loss, breaking key support with no signs of buyer defense. After topping out at $1.50 last week, FARTCOIN opened this week at $1.20 but quickly extended losses, slicing through the $1 psychological barrier without triggering a relief bounce. It is a clear sign of weakening bullish momentum. In fact, the memecoin’s decline to $0.80 marks its third consecutive daily lower low, confirming a strong bearish structure. Even more concerning is the lack of liquidity around key support levels, hinting at poor demand absorption. If bulls don’t step in soon, the $0.50 zone becomes the next magnet, where liquidation clusters may begin to stack.

In the broader market, downside volatility hit hard. Polyhedra Network [ZKJ] led the losers with a steep 86% drop, followed by Siren [SIREN], down 66%, and LiquidLaunch [LIQD], which slipped 47.4% as momentum cooled. The market's volatility was driven by macro-induced uncertainty, with the Fed keeping rates steady and the U.S. Senate advancing the GENIUS Act, a key stablecoin bill. This uncertainty sparked strong runs in mid and low caps, even as memecoins led the week’s biggest losses.