Donald Trump provoked a sharp rise in a little-known cryptocurrency

Last week, the cryptocurrency market in general suffered significant losses amid deteriorating macroeconomic conditions and growing tensions ahead of Donald Trump’s «Day of Liberation» — the planned introduction of new tariffs. The total market capitalization decreased by 6% to $ 2.64 trillion. But amid the overall decline, several tokens showed unexpected growth.

The largest gain for the week was recorded by the CRO token, an internal asset of the Crypto.com platform. Its price increased by almost 22%, making it the leader among all top cryptocurrencies. The main driver of growth was the news of a partnership with the Trump Media & Technology Group, owned by the former US president. The announcement of the completion of the SEC’s investigation into the exchange also had a positive impact.

Zcash (ZEC), a privacy-oriented cryptocurrency built on top of the Bitcoin code, was the second most profitable. It gained 21.86% over the week. In third place is the FORM token associated with the gamification project Four, which recently launched the meme coin platform Four.meme.

In contrast, the flagship assets suffered losses. Thus, Bitcoin BTC $85,180.48 Bitcoin 3.26% Market capitalization $1.69 trillion VOL. 24 hours $1.67 billion fell by more than 5%, Ethereum ETH $1,911.67 Bridged Ether (StarkGate) 4.74% Market capitalization $0.17 billion VOL. 24 hours $0.85 billion - by more than 10%. Other major altcoins, such as XRP $2.14 XRP 2.40% Market capitalization $124.47 billion VOL. 24 hours $0.45 billion and Solana SOL $126.45 Binance-Peg SOL 0.36% Market capitalization $0.14 billion VOL. 24 hours $0.48 billion , fell by 14.8% and 10%, respectively. Even such «meme assets» as Dogecoin DOGE $0.17 Binance-Peg Dogecoin 4.14% Market capitalization $0.44 billion VOL. 24 hours $0.12 billion and Shiba Inu SHIB $0.00001269 Shiba Inu 2.10% Market capitalization $7.47 billion VOL. 24 hours $19.95 million lost more than 5% each, although they avoided deeper sinks.

Investors are showing caution due to the threat of new trade barriers from the United States. As a result, there is less interest in risky assets, including cryptocurrencies. Against this backdrop, tokens associated with positive news or new partnerships have local advantages, but the overall market trend remains unstable.