Crypto
Top 5 Crypto This Week: USELESS Explodes by 155%, New Tokens Surge
USELESS exploded, new tokens surged, and major altcoins rallied—but the next moves depend on whether crucial support levels survive.
20h ago 4,280
BLOCKINSIDERLoadingUSELESS exploded, new tokens surged, and major altcoins rallied—but the next moves depend on whether crucial support levels survive.
Crypto’s biggest winners this week did not come from a single sector or narrative.
Memecoins, newly launched tokens, privacy-focused assets, and established infrastructure projects all posted explosive gains.
The coming sessions will reveal whether these moves mark sustainable breakouts or another wave of short-lived speculation.
Dash is showing a powerful uptrend running from roughly $41 in late August to a high near $78 this week, with the price now cooling off.
DASH has rallied from roughly $42 to a high above $72 over the last seven days, an approximate gain in the 60% range, before pulling back on the latest red candle.
Trading at $67.94, down 4.73% on the day. The rally is running inside an Auto Fib Extension, with the 2.0 level at $73.01 acting as immediate resistance and the 2.618 extension at $84.16 as the next stretch target if buyers regain control. A hold above $66.11 (the 1.618 level) keeps the structure bullish.
Nevertheless, if KAS were to close below $66, that opens the door to a deeper retracement toward the rising EMA near $38.This may flip the short-term trend bearish.
The daily KAS chart on MEXC shows a long grind lower from a $0.042 high in April to a $0.025 low in August, followed by a sharp reversal higher in the past week.
KAS marked a rise of roughly 32.79%, from about $0.0271 to the current level, as the price broke back above its EMA. The altcoin is sitting at $0.0359, up 11.46% intraday.
Confirming the breakout, KAS is testing the $0.0337 resistance zone with a descending trendline overhead near $0.0381 to $0.0403.
A clean break above that trendline would open a path back toward $0.040.
On the other hand, a drop back below the $0.0293 EMA support would signal the bounce has failed and put the recent low near $0.0252 back in play.
Pons is a non-custodial launchpad on Robinhood Chain that lets users launch and discover fixed-supply tokens, and its 3-day chart shows one of the sharpest launches on this list, rising roughly 101.72% in the past week, taking the token from about $0.41 to its recent high near $0.9724.
Changing hands at $0.8057, PONS is down 5.07% over the last 24 hours as the altcoin cools from its high.
Price is holding just under the 0.786 Fibonacci level at $0.765. A bounce from here keeps the 1.0 level at $0.972 in view as the next target.
However, a slide back below the 0.618 Fibonacci level at $0.602 would point to a deeper correction after such a fast run-up.
Useless Coin gained roughly 156.86%, climbing from about $0.09 to current levels. Despite the joke premise, the daily chart on MEXC showed one of the strongest short-term rallies among the group.
At the moment, USELESS is sitting at $0.2316, up 7.76% on the day, trading at $0.225422 at press time. The $0.2307 level, former resistance, is now acting as support. Holding above it keeps the door open for a retest of the recent high near $0.248.
A close below $0.1823 would break the recent structure and suggest the meme-driven surge has run out of steam.
ARB climbed from around $0.09 to a high of $0.1919 last week, displaying an approximate gain in the 70% to 90% range, before easing back.
Fundamentally, Robinhood Chain, built on Arbitrum's Orbit stack, has posted more than $2 million in 24-hour fees and over $1.4 billion in DEX volume, sharing roughly 10% of net protocol revenue back to the Arbitrum DAO treasury, a tailwind behind the recent move.
Trading at $0.1625, ARB is down 14.16% on the latest candle as the token pulls back from its high. The chart's measured move projects a target near the $0.1972 area (marked 88.85% on the chart) if the breakout resumes. The $0.1537 level (0.236 Fibonacci) is the first support to hold on any pullback.
A break below $0.1204 would undo the recent breakout structure. Traders should also watch for supply pressure. An unlock of approximately 92.6 million ARB tokens is scheduled for mid-September, which could weigh on the price into that date.
All five tokens are riding sharp short-term rallies rather than a gradual higher climb, which raises the stakes on both sides of the trade. Across the board, the supports listed above are lines in the sand. Holding them keeps the bullish case intact, whereas, losing them would confirm this week's strength was a blow-off rather than the start of a new trend.
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