The crypto market on May 14, 2025, remains vibrant, with Bitcoin nearing its all-time high, altcoins surging, and meme coins drawing heavy speculative interest. Here’s a market recap of key developments in the past 24 hours.
Market Overview
- Bitcoin (BTC): BTC trades around $104,113, close to its record high of $108,786. FOMO is rising, but failure to break resistance could trigger a pullback.
- Ethereum (ETH): ETH surpassed $2,700, outpacing BTC’s gains. Strong capital inflows into altcoins, driven by the Pectra upgrade, fuel optimism.
- Meme Coins: MOODENG (+65%) and PIPPIN (+94%) led gains, while Pepe (PEPE), Dogecoin (DOGE), and Shiba Inu (SHIB) attracted flows via platforms like Bonkdotfun.
Daily Market Recap – Meme coins highlights
- $DAZHUANG: A meme coin inspired by the Viral Chinese Monkey is making waves in the crypto community.
- $RUSTY: Rusty The Rat, a Matt Furie’s rat, rises from $RATO’s ashes
- $PETUNIA: Might be the next big meme coin with its TikTok narrative
- $IKUN: A Chinese meme coin originated from a singer’s fandom
Key Developments
- Altcoin Capital Surge: The total market cap hit $3.39 trillion, with significant inflows into altcoins. The Fear & Greed Index eased to 70, signaling slightly tempered “greed.”
- SEC’s Crypto-Friendly Shift: SEC Chair Paul Atkins announced a pro-crypto regulatory approach, heralding a “new era,” though stablecoin legislation faces delays due to political disputes.
- U.S.-UK Trade Deal: A new trade agreement boosted risk-on sentiment, pushing BTC above $100,000 for the first time since February.
- Short Liquidations: $642 million in short positions were liquidated, reinforcing BTC and altcoin momentum.
Don’t miss the latest, follow MevX for nonstop updates!
If you are new to meme coin trading, let’s check out MevX Demo Mode: A Safe Space for New Memecoin Traders, then trade happily on an all-in-one platform at:
- Web: https://mevx.io/@homepage
- Telegram: https://t.me/Mevx?start=homepage
