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Crypto Weekly Winners and Losers: VET, RAIN, STABLE, ARB

Crypto Weekly Winners and Losers: VET, RAIN, STABLE, ARB

Crypto markets were generally range-bound during the week.

This comes after a strong rebound for Bitcoin during the last week of August, where the price was unable to break $80k while the rest of the market had mixed performance as traders took profits off the table.

On the other hand, funds continued to rotate among a few altcoins, which fueled the overall market value.

Weekly winners

Why VeChain [VET] still has space to run

VeChain [VET] is undeniably the clear winner this week with a 25% surge that saw it fly above $0.07, a level it last crossed back in mid-May. So, in terms of FOMO, there is a good chance for this rally to extend.

Interestingly, there are other signs in play too. On the technical front, VET has continued this week’s…

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