This week, the overall performance of the digital asset market was relatively stable, with the total market value shrinking slightly, down 0.11%, and finally settled at the level of US$1.94 trillion. Although the overall market atmosphere is slightly dull, some cryptocurrencies have shown strong upward momentum, especially the leaders in the "Meme coins" category. Among them, Mystiko Token (XZK) is particularly eye-catching, with an increase of 86.71% in the past 24 hours, becoming a bright spot in the market.

At the same time, GameStop’s cryptocurrency price also achieved significant growth, soaring more than 82% in 24 hours, and its market value subsequently expanded to $33.7 million. In addition, other Meme coins such as Ben the Dog also performed well, with an increase of 50.3%, further proving the activity and appeal of this category in the current market.

In addition to the outstanding performance of Meme coins, on-chain tokens such as LINK (Chain Link), TRX (Tron) and ADA (Cardano) also stand out among the top 20 market capitalization cryptocurrencies, showing their stability in the market status and investor confidence in its future development.

However, it is worth noting that despite the significant growth of some cryptocurrencies, the overall market sentiment is leaning towards the negative. As a bellwether for the market, Bitcoin's price has fallen below $55,000, which has had a certain impact on the overall market sentiment. Against this background, some assets such as DigiByte and OpenPlatform suffered relatively sharp declines, recording losses of 23.5% and 18.5% respectively, becoming the biggest losers in this week's market performance.