What 3 cryptocurrencies are resisting better market fall?


  • Exchange OKX token is the clear winner, due to a new burning process.

  • Mantle and AB have an outstanding behavior at the weekly level.

The cryptocurrency market has had a week with generalized losses. The selling pressure affected both Bitcoin (BTC) and the main cryptocurrencies, in the middle of a scenario marked by liquidations and caution signs.

BTC retreated 8.55% in seven days, moving from its historical maximum of $ 124,000 to $ 114,025. Ethher (ETH), the cryptocurrency of the Ethereum Network, lost 8.76% in the same period, to quote at $ 4,300. While XRP, the Ripple Labs cryptocurrency, fell 10% and stood at 2.92 dollars.

The setback extended to most digital assets of great capitalization, confirming a wide correction that contrasted with the optimism of previous weeks.

In that context of falls, a small cryptocurrency group showed a different behavior. While the market in general backed down, Three cryptoactives advanced with force: OKB, of Exchange OKX; Mantle (MNT); and ab. These currencies resisted the bearish pressure with relevant increases in the same weekly period.

OKB rose 67.11% in seven days, for $ 173 at the close of this report. MNT appreciated 21% in the same period, reaching $ 1.37. And AB registered an increase of 17.3% to be 0.009600 dollars.

These variations contrast with the generalized market fall and respond to fundamental reasons behind each project. What are they?

A burning translated into impulse

In the case of OKB, the climb is related to the burning of 65.2 million tokens made by Exchange OKX. The process reduced OKB’s total supply to a maximum of 21 million, cryptootics reported.

The burning represented 50% of the accumulated supply in Treasury and from previous repurchases. The tokens were transferred to an address without the possibility of recovery, known as “black hole.”

The announcement produced a 150% increase in minutes and consolidated a trend that is still maintainedas can be seen in the following tradingView price graph.

OKB price weekly graph.OKB price weekly graph.
Exchange OKX cryptocurrency has risen explosively. Source: TrainingView.

It must be taken into account that OKX is the fifth largest exchange in the world by commerce volume and one of those that offers the greatest variety of services. Therefore, the cut in the offer generated an immediate adjustment in the market, which explains the sustained revaluation of OKB this week.

Institutional ads

As for MNT, the impulse came from several institutional ads. Coinbase, the largest cryptocurrency exchange in the United States, informed that it will add compatibility with perpetual futures of MNT. The MNT-PERP markets will be active since August 21 in Coinbase International Exchange and Coinbase Advanced. This movement opened the door to greater liquidity for retail and institutional traders.

Also, Bybit, the second largest exchange by volume of daily trade, contributed to the trend. That platform adjusted the MNT collateral ratio in its unified trading account, which increased the power of the Token as a guarantee in loans and investments. According to the Mantle project, This change improves capital efficiency and consolidates MNT as an on-chain reference asset.

Along with this, two additional use cases were announced for the Token in the Exchange Bybit. The first, Double Win in Bybit Earn, a structured product that allows users to capitalize volatility in both market addresses. The second, the Crypto Content Creator Campus, an ecosystem that enables MNT payments for tools and training oriented to content creators.

These factors joined the launch of LIQ, a liquid staking protocol that seeks to expand the usefulness of the token. The project allows greater performance and liquidity, Elements considered fundamental for the development of Mantle in the long term.

To all of the above, other intrinsic aspects are added, such as that the Amble network activity has been triggered for a month. According to Dune Analytics data, a 3,000% increase in the number of active daily users of that network in four weeks. In addition, the total blocked value of Mantle is at historical maximums, denoting an increase in the defi activity in that protocol.

All this has translated into a constant price increase this week, as can be seen in the following graph:

MNT price weekly graph.MNT price weekly graph.
Different fundamental factors promoted the price of MNT. Source: TrainingView

Listing in large exchanges

On the other hand, the Cryptocurrency AB showed a sustained increase driven by the start of operations in Kraken. Since August 7, the Exchange (one of the longest in the market), enabled deposits and orders limited with AB. The complete trading began on August 8 with the AB/USD and AB/EUR pairs, which facilitated direct purchases in dollars and euros.

Kraken is a veteran exchange, recognized for its safety and regulatory compliance in the United States, and currently prepares its Ias on Nasdaq. This integration gave AB access to a broader international audience and higher levels of liquiditythey say from the AB DAO organization, responsible for that cryptoactive.

Other initiatives were added to the quotes in Kraken. AB DAO launched a celebration event with raffles worth 2,000 USDT in tokens AB. In addition, he presented version 1.6 of Ab Wallet. The update included support for BTC, interoperability improvements with Walletconnect Deplink and optimization of backup copies in the iOS operating system. He also solved technical problems from previous versions. These elements reinforced confidence in the ecosystem and attracted new demand to Token.

As can be seen in the following graphic, these fundamental factors promoted AB price in a week:

AB price weekly graph.AB price weekly graph.
AB has had a sustained price increase since last week. Source: TrainingView

A countercurrent

The data show how, in the middle of a bearish scenario, some assets manage to sustain prices and even advance when there are solid foundations behind. Massive burnings, integrations with regulated exchanges and the development of new profits in staking and wallet protocols generate incentives for investors to remain active.

Indeed, these movements confirm that, beyond the general trend, each cryptocurrency responds to specific conditions of its ecosystem. The dynamic shows that, even in a red market, internal and fundamental catalysts They can alter the expected behavior and hold value in the middle of the fall.

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