Crypto market weekly: PIPPIN and ZEC soar, APT and MYX correct

PIPPIN and Zcash: Unexpected Performances

This week’s surprise clearly comes from PIPPIN, a token positioned at the crossroads of Meme and AI Agent narratives on the Solana ecosystem. Within just a few days, the project recorded a spectacular surge approaching +280%, driven by a massive wave of FOMO and an explosion in trading volumes. The technical breakout above $0.50 served as a trigger, paving the way for rapid acceleration toward the $0.72 zone, a new local high. This type of vertical movement illustrates the market’s persistent appetite for highly speculative segments.

Meanwhile, Zcash (ZEC) made a remarkable comeback with gains exceeding +30%, allowing it to reclaim the major psychological threshold of $300. This awakening comes in a particular context, marked by statements from Barry Silbert (Digital Currency Group) suggesting possible increased interest in privacy coins. This prospect of renewed institutional attention triggered a massive short squeeze, forcing short sellers to urgently buy back their positions.

Beyond simple price increases, these movements reflect a possible sector rotation toward specific narratives: artificial intelligence, hybrid memecoins, and privacy-focused currencies. However, the vertical nature of PIPPIN’s movement calls for caution: after such an impulse, a technical pullback remains a classic scenario to consolidate recent gains.

Aptos and MYX: Brutal Correction and Technical Pressure

On the opposite side, the situation is significantly more fragile for Aptos (APT). The token has lost its key support at $1.10, sliding below the psychological zone of one dollar, between $0.92 and $1.00. This technical weakness is accompanied by deteriorating market sentiment, accentuated by the rise of Sui, which seems to be capturing an increasing share of liquidity and investor attention. Indicators remain bearish, with RSI near oversold levels, but without a clear reversal signal.

The correction is even more pronounced for MYX Finance (MYX), which has suffered a retracement exceeding 40% from its recent highs. After a euphoric phase fueled by speculation, profit-taking by whales triggered a cascade of liquidations, highlighting the extreme volatility of lower-cap tokens. Without immediate fundamental catalysts, the market quickly punished what was deemed an excessive move.

This divergence between the relative strength of ZEC and PIPPIN and the weakness of APT and MYX highlights a fragmented market where sector selection becomes crucial. The next weekly close will be decisive in determining whether this marks the beginning of a targeted altseason or simply a speculative episode before a return of Bitcoin dominance.

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