29 April 2025
Updated 30 April
Updated 30 April
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Crypto Market Sees 45% Meme Coin Market Cap Increase in Three Weeks
The meme coin market has rebounded significantly, recovering from a drop in total market cap from $116.6B to $40B over two months. It has gained 45% in the past three weeks. The broader crypto market is also performing well, with Bitcoin exceeding $95K, nearing its all-time high of $109K.
Key developments include:
- Bitcoin ETFs had record inflows of $3B last week.
- Standard Chartered forecasts Bitcoin may reach $120K by Q2 2025.
Highlighted investments:
1. OFFICIAL TRUMP ($TRUMP)
- Increased by over 50% in a week and over 32% in a month.
- Potential for growth as it previously peaked at around $72.
- Top holders invited to dinner with Donald Trump.
2. BTC Bull Token ($BTCBULL)
- Offers free Bitcoin airdrops tied to Bitcoin's price milestones.
- Developers plan a steady burn mechanism to reduce supply.
- Current presale price is $0.002485; raised over $5.1M.
3. Jelly-My-Jelly ($JELLYJELLY)
- Launched by co-founders of Venmo, gaining 200% in a week.
- Currently around $0.033, facing resistance at $0.40.
4. Solaxy ($SOLX)
- Creating a Layer 2 solution on Solana to improve scalability.
- Presale raised over $32.2M; each token priced at $0.001708.
5. ai16z ($AI16Z)
- The first decentralized venture capital firm using AI for decision-making.
- Up 97% in the last week, potential to reach $0.60 for nearly 200% gains.
Investors should note that while sentiment is currently positive, the crypto market can change rapidly. Caution is advised, and thorough research is essential before making investment decisions.