The crypto market on June 17, 2025, maintained relative stability with a total market capitalization of approximately $3.5 trillion, despite mixed price movements and regulatory developments.
Crypto Market Overview
The crypto market is navigating a complex landscape shaped by regulatory shifts and geopolitical developments:
- Bitcoin (BTC): Price stabilized at ~$105,000 after retreating from a peak of $111,980 earlier in the week.
- Ethereum (ETH): Dropped 10%, trading at $2,747, despite $240 million in daily inflows to spot Ethereum ETFs.
- XRP and Altcoins: XRP saw slight gains but faced resistance, with key support levels at $2.19 and $2.07.
- Stablecoin Growth:
- Market cap rose 0.63% to over $251.5 billion, reflecting stability in the sector.
- U.S. Senate’s vote on the GENIUS stablecoin bill could introduce new regulatory frameworks.
Trump Mobile Launch
On June 16, the Trump family launched Trump Mobile, a mobile virtual network operator (MVNO), and the T1 Phone, targeting conservative consumers with a “Made in USA” narrative.
See more at $T1 Meme Coin Surges with Trump Mobile Launch
Pumpdotfun Suspension
Pumpdotfun, a Solana-based memecoin platform, faced a significant setback as its operations were targeted by legal action, raising concerns about speculative crypto projects.
See more at Pump.fun and Founder @a1lon9 Suspended Amid SEC Scrutiny
Meme Coin Highlights
- $T1 (Trump Mobile): launched just minutes before the official Trump Mobile announcement, has fueled speculation and intrigue in the crypto community.
- $BANNEDGUY (Just a banned guy): A Solana meme coin following Alon and Pump.fun got banned
- $xavier (Xavier: Renegade Angel): A community of Xavier: Renegade Angel fans have taken over the project and are working to Make Xavier Great Again!
- $VIBE (VIBE CAT): a STATEMENT that says dogs will be, and always will be, better than cats
- $ZENAI (Zen AI): launched in June 2025 alongside the Zen AI platform, a decentralized Web3 project built on the Solana blockchain
- $STOPWAR (Stop War): created by people who believe that silence is no longer an option. Every part of this movement exists to remind the world: we are not powerless, and we will not pretend it’s okay.
On June 17, 2025, the crypto market showed Bitcoin stable and Ethereum under pressure. Trump Mobile’s launch marks a bold tech venture, while Pumpdotfun’s suspension underscores regulatory risks in memecoin markets. Investors should stay informed, verify sources, and exercise caution in this dynamic environment.
Visit MevX to uncover trending meme coins today!
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