For the Love of the Game (Market Commentary) |
The crypto market is cooking, memecoins are starting to find their footing, and it’s starting to feel
like another magical run is loading up ahead of the summer. What’s so interesting about this moment is that Bitcoin is holding strong above $90K, and really, nobody outside of crypto cares. Interest in Bitcoin per Google Trends is currently at a score of 20, which is 80% down from its all-time high over the past 5 years (May 2021). With that in mind, remember just 2 things: people love to chase BTC when the price makes mainstream
news, and that crypto regulations are potentially coming within a few months.
Those factors are exactly why we’re seeing predictions for BTC to hit over $200K this year,
and $500K - $2.4M within 5 years. Now add to
that the major developments over the past week, like Pokémon coming to Web3, and a new pro-crypto Chairman of the SEC making his first public statements, and you see why it’s easy to bet big on the future right now. Pokemon - Catch Em All Onchain Pokemon HOME’s April update has the crypto crowd buzzing, and a massive gaming user base now with potential exposure to NFTs. - A new “Medals” feature arrived in Pokémon HOME, which is NFTs that are minted on the Sui Blockchain.
- Gamers can link their Nintendo accounts to Pokémon HOME to earn medals for collecting Pokémon.
- Pokemon NFTs are tradable, but cannot be sold on any secondary markets yet.
- Rumors alone sent SUI up roughly +70% in a week, jumping past $3.50 as DEX volume hit $577 million (+167%) and outpaced chains like AVAX and UNI.
$Trump Holders Eat Twice. Donald Trump’s massive token unlocked last week, but instead of the team dumping tokens, they announced utility and a longer lockup period.. - The Get Trump Memes X account posted a major update announcing that the top 220 $TRUMP token
holders will get a dinner with President Trump at the Trump National Club in Washington, DC.
- Holders need to register on the Trump memecoin website to be eligible to rank on the leaderboard. LPs and exchanges will not count as holders.
- As of Thursday, the #220 ranked holder held just $420 worth of $TRUMP coins.
- The Trump team also announced an additional 90 days of token lockup time, which gives traders
confidence to buy the coin.
New SEC Chair Paul Atkins gave his first public remarks since being sworn in as Chairman of the SEC, while big developments on the regulatory front continue to show where crypto is heading. - Atkins promised a “new day” for investors and a “firm foundation” for bitcoin and
crypto.
- The new SEC chair spoke at last Friday’s Crypto Task Force Roundtable, stating that participants in
crypto deserve clear regulatory rules of the road.
- The Federal Reserve has withdrawn its guidance for banks on crypto assets and stablecoin
activities.
- The Senate may vote on the STABLE Act as soon as next week, though rumors are surfacing that Coinbase
and other key players are pushing for a delay to combine the act with FIT21.
- The crypto AI market came roaring back to life, seeing+38% increase in the past 7d to $8.84B
- FARTCOIN reclaimed the $1B mark and is one of the most important leading indicators of both AI and memecoins
- OpenServe has integrated MCP, allowing their agents connectivity to
applications.
- Virtuals Hackathon has come to an end with Solace being declared the
winner
- Nous Research raises $50M in Series A led by Paradigm
- ElizaOS is live and has been made fully open source
- NVIDIA now excludes crypto startups from its inception program
- Billy Bets is rolling out personality updates, CLI, blockchain integration, and
dashboards
- TracyAI has expanded to the BNB blockchain.
- Virtuals revealed a new way to earn Virgin Points via tweet rewards
- Major NFT sales continue this week including Pudgy Penguin #6873 (200 ETH | $360K), CryptoPunk #2301 (134 ETH | $233K), XCOPY’s N ($173K USDT), Skull of Luci Saturnalia Pigmentation (90 ETH | $161K), Skull of Luci Unum (85 ETH | $152K), Beeple’s TIME The Future of Business (85 ETH | $152K), and a record breaking $9,900 USDT Telegram sticker sale of Not Cap #999
- Ethereum is the top blockchain by NFT sales volume with $26.64M in sales (+34.60%), followed by Bitcoin at $15.12M (+5.72%), Mythos Chain at $14.97M (+3.26%), Solana at $10.31M (+49.94%), and Polygon at $8.37M (-62.19%)
- The Claynosaurz revealed a new Achievements System v.01 for holder
rewards
- The Bored Ape Yacht Club celebrated the 4-year anniversary of their mint date on April 23 by
announcing that ApeFest 2025 will take place in Las Vegas on Oct 24
- RTFKT’s CloneX collection saw its artwork disappear after Cloudflare issues highlighted the
importance of on-chain art
- Pudgy Penguins community update reveals that SBTs are being distributed, and that they are
official US government advisors.
- Rekt Brands buys 1.8T $REKT for $104K, with more buys planned for the NFT holder-owned
brand
- CyberKongz V3 leak teases banana-token revamp, while their new Discord Trenchbot
sees adoption across alpha groups
- OpenSea is an official sponsor of NFTNYC 2025 and will mint NFT tickets
tomorrow
- Jack Butcher teases vv app update with AI discovery & exports
- FinalBoss NFT reveal schedule boosts boss odds for late holders
- NFT sales fell to their lowest level of 2025 with just $82.77M in sales.
- Wash sales climbed 120.25%, hitting their highest total in 9 weeks with $6.36M washed.
The CryptoSlam 500 NFT Index fell -6.17% this week, even with strength in Ethereum NFTs. There are plenty of reasons to be optimistic about the next few months for
NFTs, even though Q2 is typically a slowing-down period. Luca Netz, CEO of Pudgy Penguins, is getting ready to deploy his ETH into NFTs, and it’s likely that other NFT leaders will follow. Last year, Bored Ape founder Gordon Goner did the same, and inspired one of the most exciting times in the NFT market in years. ETH NFT Composite - 540.01 (+4.91%)
SOL NFT Composite - 508.44 (-0.06%)
POL NFT Composite - 2.73 (-27.59%)
CAR NFT Composite - 422.18 (-4.96%) Right on time, crypto is now seeing a major return to form after comments from the FED that they would step in when needed to stabilize markets. But it’s really the global M2 (money supply) and its correlation to BTC price that seems to be in
play. Traders were expecting this type of action right now, and here it is.
Top Gainers 7d IMX - $0.5866 (+24.2%)
SEI - $0.213 (+20.3%)
XMR - $255.43 (+19.0%)
POL - $0.2381 (+18.9%)
ALGO - $0.2299 (+18.7%)
Top Losers 7d
TKX - $31.10 (-5.2%)
PI - $0.6132 (-3.1%)
GT - $22.21 (-2.9%)
LEO - $8.98 (-1.7%)
BGB - $4.41 (-0.6%) |
Google’s coordination protocol, where autonomous AI agents talk directly to each other, sharing tasks, data, and feedback without a human in the loop. Picture a swarm of specialized bots: one scrapes on-chain stats, another prices NFTs, and a
third drafts the market recap. Through A2A messaging, they hand off work, critique results, and self-organize in real time, letting complex workflows run faster and with fewer glitches. For Web3 media hustlers, A2A means your research, trading, and content bots can sync up like a well-oiled newsroom, while you focus on the hot takes. Received this from a friend? Sign up for this CryptoSlam VIP newsletter. |
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