Daily Market Recap – April 29, 2025

The cryptocurrency market has been vibrant over the past 24 hours. Here’s a daily market recap of the key trends, price movements, and breaking news.

Market Recap and Price Movements

• Bitcoin (BTC):
  • BTC hovers around $94,000, with a slight uptick.
  • The Fear and Greed Index jumped from 37 to 61, reflecting a shift from fear to greed.
• Altcoins:
  • $ENJ surged 50%, followed by $KDA (+42%), $IMX (+39%), $EGLD (+37%), and $NOT (+33%), fueled by GameFi momentum.
  • $XRP rose 6.35% to $2.28, with trading volume up 53.58% ($3.92 billion), driven by ETF news.
• GameFi Sector: Market cap grew 25% to $12.8 billion, with 19 of the top 20 tokens posting gains.

Meme Coins Spotlight

• Meme Coin Highlights:
  • $JST is the native token of Just – a decentralized finance (DeFi) ecosystem built for the TRON, which was listed by Binance Futures yesterday.
• Top Meme Coin Gainers:
  • $TROLL, a meme coin based on humor and satire culture, gained 97,68%.
  • $EVAN, the boring accountant, Hobo turned gremlin god of meme addicts, up 91, 78%.
  • $TOKEN, a meme coin of TokenFi, the ultimate crypto and Real World Asset tokenization platform, gained
• Top Meme Coin Performance:
  • $DOGE climbed 8.2%, with trading volume up 15% (~$1.2 billion).
  • $SHIB gained 6.5%, boosted by increased staking activity after ShibaSwap’s new feature launch.
  • $PEPE jumped 12%, driven by “PEPE to the Moon” campaigns on X and Telegram.
  • $FLOKI rose 10%, supported by new GameFi partnerships.

Hot News

• Bitcoin Theft Shocks Market:
  • Blockchain researcher ZachXBT reported a 3,520 BTC theft (~$330 million), laundered through Monero, causing $XMR to spike 50%.

See more details at $330M Bitcoin Theft: Hackers Swap to Monero

• XRP Futures ETFs Approved:
  • The SEC greenlit ProShares’ $XRP Futures ETFs, set to launch on April 30, 2025, boosting XRP’s price and reinforcing its mainstream adoption.
• MicroStrategy’s Next Move:
  • Michael Saylor’s X post about MicroStrategy’s Bitcoin tracker hints at a potential new BTC purchase, fueling market optimism.
• Institutional Dominance:
  • Bitwise CEO Hunter Horsley noted that Bitcoin’s rally to ~$94,000 is driven by institutions, financial advisors, and corporations, not retail investors, with Google searches for “Bitcoin” at historic lows.
• Binance Airdrop:
  • Binance announced a $HAEDAL token airdrop, generating buzz in the crypto community.

The crypto market over the past 24 hours has been marked by institutional enthusiasm. Investors should stay vigilant, diversify, and track real-time developments to navigate this dynamic market.

Follow our blog to keep an eye on this vibrant crypto market.