DeFi Altcoins Dominate Weekend Rally

Last week, we identified eight promising altcoins across four sectors and hypothesized that as Bitcoin stabilizes and Ethereum catches up, capital may flow into high-elasticity altcoins.

The crypto market plunged straight into 'crazy weekend' mode with sharp spikes and rapid rallies. Among the eight coins, three DeFi-focused altcoins stood out for their magnitude and sustainability of their rallies.

The average peak gain among the eight altcoins was approximately 17.4%, but not all maintained their upward momentum. The DeFi sector led the pack in terms of performance.