The third week of August 2024 has surprised the crypto market, with some of the biggest altcoin gainers being tokens that previously suffered significant losses. Notably, many altcoins within the top 100 by market capitalization are closing the week in the green.

Polygon (MATIC) saw a 32.50% surge, driven by increased whale accumulation and anticipation about the upcoming token migration to POL. A bullish falling wedge pattern and positive MACD confirmed this upward momentum.

Artificial Superintelligence Alliance (FET) increased by 26% following increased accumulation and the merger with the Alliance. The Money Flow Index (MFI) indicated strong buying volume supporting the price rise.

BitTorrent (BTT) also surged, tied to Justin Sun-related cryptos like TRX and meme coins on the Tron network. The coin saw a trading volume spike by over 200%, with the RSI touching overbought levels.