Crypto market’s weekly winners and losers – PONS, ARB, PUMP, CC

Crypto kicked off September with a volatile week.

Bitcoin briefly reclaimed $80k before pulling back toward the $77k range. ETF flows remained key market drivers, while FUD around U.S. jobs data, inflation, and Fed policy kept volatility elevated.

Meanwhile, altcoins delivered a more mixed performance, with Ripple [XRP], Solana [SOL], and several smaller tokens showing strength. Robinhood Chain also became a major talking point after its activity and fee generation surged, fueling sharp rallies across tokens such as PONS and ARB.

Weekly winners

Pons [PONS] shows triple-digit price gains

Pons [PONS] headed this week’s gainers chart with a powerful 192% rally, driving its highest wick to $0.97 and a new all-time high. Interestingly, the chart itself shouts out the strong FOMO-driven momentum.

PONS’s rally this week follows last week’s record-breaking 400%+ surge, which highlights the bulls’ powerful presence and the confidence they have in the coin despite the token’s huge jump. Moreover, while PONS is clearly overheated, there are currently no signs of strong bearish control.

As the chart below highlights, PONS’s daily chart showcases back-to-back green candlesticks, with each session posting a new higher high, which suggests that buyers are dominating the market and the selling pressure has yet to disrupt the overall uptrend.