Cryptocurrency prices have been largely dormant over the past few weeks as investors shifted back into equities and perceived safe havens such as short-term bonds and money market funds. Bitcoin remained range-bound between $25,000 and $30,000, while total market capitalization stayed above $1 trillion.
Loom Network and Liquity See Significant Gains
Not all cryptocurrencies were stuck in consolidation during the recent period. Loom Network’s price surged more than 500% in just a few days, making it the 92nd largest cryptocurrency by market capitalization. The rally followed Gate.io’s decision to list the token, bringing fresh liquidity and attention to the project.
Futures contracts for Loom Network were also introduced this week on major exchanges such as Binance and LBank. As these events unfolded, the token entered what technical analysts describe as the “markup” phase of the Wyckoff model, where demand typically outpaces supply.
Another notable mover was Liquity, the protocol behind the LUSD stablecoin. Liquity allows users to take out loans denominated in LUSD by locking up Ethereum as collateral. LQTY, the protocol’s governance token, climbed to $1.35, trading above last month’s lows.
Liquity’s price action was driven primarily by increased activity within its ecosystem. Recent data show that users who staked in the protocol earned roughly $625,000 over the past month, even as the broader crypto winter persisted.
Shiba Memu Token Sale Continues
Another standout over the last few weeks was Shiba Memu, which continued to attract capital during an extended fundraising phase. The project has raised over $3.8 million, placing it among the most successful token presales globally.
Shiba Memu is a meme token that aims to carve out a unique position in a space currently dominated by projects like Shiba Inu and Dogecoin. The team plans to differentiate the token by combining two of the most-discussed technologies in the market.
The first is artificial intelligence (AI), which has seen rapid development following the success of ChatGPT and other companies such as Anthropic. Analysts increasingly view AI as one of the most transformative sectors across industries.
Shiba Memu intends to incorporate key AI components—predictive modeling, data analytics, and image analysis—so that the token can evolve over time and potentially drive organic demand through adaptive features.
The second component is the meme token model itself, which typically thrives on social momentum and community-driven hype. In Shiba Memu’s case, the project’s roadmap emphasizes tangible utility as the network grows, aiming to move beyond pure speculation.
Some analysts argue that participating in Shiba Memu’s presale could offer substantial upside if the token secures listings on major exchanges and broad market adoption. The token was available for purchase during the presale period, and prospective buyers followed the project’s channels for details on how to participate.