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Latest Crypto News – May 23, 2025: Crypto Market Trends, Predictions, GameFi, DeFi & Web3


Latest Crypto News

Market Updates

  • Altcoin Market The CoinMarketCap 100 Index rose by 4.2% to $216.93, indicating growing interest in altcoins.

  • Bitcoin (BTC) experienced a slight dip, trading around $107,952, marking a 1.76% decrease over the past 24 hours. Despite this, the overall market sentiment remains optimistic, with BTC maintaining strong support levels.

  • The total cryptocurrency market capitalization stood at approximately $3.38 trillion, reflecting a 3.5% decline amid ongoing market volatility.


GameFi Highlights

  • Vameon’s dEmpire of Vampire launched, marking a significant comeback in the GameFi sector.

  • Ember Sword, a highly anticipated Web3 MMORPG, shut down after raising over $203 million, citing failed funding efforts amid a volatile GameFi market.

  • Boxcat (BOXCAT) debuted on Gate.io with a 285,714-token airdrop for GT holders, aiming to strengthen its ecosystem.

  • Guild of Guardians (GOG) emerged as a standout performer in the GameFi sector, recording a remarkable 286% gain over the week. Other notable gainers included Mask Network (MASK) and Open Loot (OL).

  • AurealOne (DLUME) is gaining attention as a promising GameFi project. Built on the Binance Smart Chain, it leverages zk-rollup technology to offer fast and affordable transactions, aiming to revolutionize blockchain gaming and metaverse experiences.

  • The Last Dwarfs (TLD) is a Telegram-native platform on the TON blockchain, integrating GameFi mechanics with DeFi incentives. Its gamified launchpad allows users to engage in mining, battles, and staking, offering a unique play-to-invest ecosystem.


DeFi Developments

  • Cetus Protocol, a decentralized exchange on the Sui blockchain, suffered a security breach resulting in a loss of approximately $223 million.

  • Vault-X was launched by SERC Capital, aiming to build the next-generation DeFi operating system.

  • Hyperliquid Protocols saw a surge in deposits, becoming a DeFi hotspot.

  • Ethereum’s DeFi Ecosystem is witnessing a resurgence, with decentralized exchange (DEX) trader activity surging by 73% this month. Notably, Aave's total value locked (TVL) has doubled to $12 billion, indicating renewed investor confidence.

  • Unstaked (UNSD) is an emerging DeFi project introducing AI-powered autonomous agents to manage community and support roles within Web3 environments. Operating on a "Proof of Intelligence" model, it rewards users based on on-chain performance.

  • Web3 ai (WAI) is developing AI-driven tools for DeFi traders, including real-time portfolio management and automated trading bots, aiming to enhance trading efficiency and security.

  • Cold Wallet (CWT): A privacy-centric, non-custodial wallet integrating zero-knowledge proof technology. In Stage 7 of its presale, priced at $0.00788, with plans for DAO governance and staking features.

  • The Last Dwarfs ($TLD): A Telegram-native platform on the TON blockchain, merging GameFi mechanics with DeFi incentives through a gamified launchpad.


NFT & Web3 Updates

  • NFT Market experienced a slight decline in transaction volumes by 0.05% to $129.8 million. However, participation increased, with buyers rising by 61.18% and sellers by 31.87%.

  • Alchemy acquired HeyMint, a no-code NFT launchpad, to enhance its Smart Wallets and simplify user onboarding in Web3.

  • Asphere collaborated with the Web3 Foundation to deliver no-code Polkadot rollup deployment, aiming for scalable Web3 innovation.

  • VanEck's PurposeBuilt Fund is set to launch on the Avalanche blockchain, focusing on investments in Web3 projects that prioritize long-term utility over hype. The fund aims to support developments in gaming, DeFi, AI, and tokenized assets.

  • Immutable (IMX) continues to lead in the NFT gaming space, with its market cap reaching approximately $1.16 billion. The platform has signed over 340 well-funded gaming titles and garnered five million Passport wallet signups, indicating robust growth in Web3 gaming.

  • Top NFT Projects: Collections like TreeNFT and Creepz are gaining traction, reflecting a resurgence in NFT interest.

  • VanEck's PurposeBuilt Fund: Set to launch in June 2025 on the Avalanche blockchain, this fund aims to support projects in gaming, DeFi, AI, and tokenized assets, focusing on real-world utility.


Top 10 Newly Launched Tokens (as of May 23, 2025)

  1. Gochujangcoin (GOCHU) – A new token with a market cap of $24.34 million.

  2. Launch Coin on Believe (LAUNCHCOIN) – Debuted with a market cap of $177.41 million.

  3. SOON (SOON) – Entered the market with a significant trading volume.

  4. Boxcat (BOXCAT) – GameFi token launched on Gate.io.

  5. AurealOne (DLUME) – A GameFi project focusing on metaverse infrastructure.

  6. DexBoss (DEBO) – A new DeFi token gaining attention.

  7. Dragoin (DDGN) – A meme coin with GameFi utility, currently in presale.

  8. MetaNova (MNV) – Combines gaming and DeFi, offering reward-based models.

  9. The Last Dwarfs (TLD) – A Telegram-native platform on the TON blockchain, merging GameFi mechanics with financial incentives.

  10. SKR Token – Debuted as the new native asset of Solana's mobile ecosystem.

  11. AurealOne (DLUME) – A GameFi and metaverse infrastructure project on Binance Smart Chain, emphasizing scalability and user empowerment.

  12. Unstaked (UNSD) – Integrates AI agents into Web3 platforms, enhancing automation and efficiency in decentralized environments.

  13. Web3 ai (WAI) – Offers AI-powered tools for DeFi traders, aiming to optimize trading strategies and risk management.

  14. The Last Dwarfs (TLD) – Combines GameFi mechanics with DeFi incentives on the TON blockchain, providing a gamified investment experience.

  15. BlockDAG (BDAG) – Aims to redefine blockchain infrastructure with a hybrid DAG and Proof-of-Work architecture, enhancing scalability and energy efficiency.

  16. Cold Wallet (CWT) – Focuses on building privacy-first wallet infrastructure using zero-knowledge proof technology for secure and anonymous transactions.

  17. Dragoin (DDGN) – A meme coin with GameFi utility, featuring a play-to-earn Telegram game and a multi-stage presale with token burns to drive scarcity.

  18. MetaNova (MNV) – Connects gaming and DeFi, allowing players to earn tokens through gameplay, fostering a reward-based ecosystem.

  19. Solaverse (SOLA) – A metaverse platform on Solana, offering digital land plots, NFT tools, and a strong creator economy, with plans for VR integration.

  20. SpacePay – Aims to disrupt traditional payment processors by offering lower transaction fees, providing a cost-effective solution for merchants globally.




🚀 Top Crypto Gainers (May 23, 2025)

  1. Flappymoonbird (FMB) +557.49% This meme-inspired token experienced a significant surge, capturing investor attention.

  2. Worldcoin (WLD) +24.08% Benefiting from AI-related hype and ecosystem growth, Worldcoin led the pack among top gainers.

  3. Hyperliquid (HYPE) +15.93% A meme coin with strong community support, Hyperliquid saw substantial gains.

  4. Zcash (ZEC) +12.38% Privacy-focused Zcash gained momentum amid increasing concerns over digital surveillance.

  5. Injective (INJ) +12.22% Injective's introduction of a new governance module contributed to its price increase.



Top Crypto Losers (May 23, 2025)

  1. pSTAKE Finance (PSTAKE) -24.65% This DeFi token faced a significant decline, reflecting decreased investor interest.

  2. Official Trump Token (TRUMP) -15% After a prior surge, the token saw a drop, possibly due to profit-taking and market reactions to tariff news.

  3. Walrus (WAL) -10.84% This token experienced a notable decrease, marking it as one of the day's top losers.

  4. Pi Coin (PI)

    • Loss: -6%

    • Context: Experienced a notable dip alongside other altcoins.

  5. Lido DAO (LDO)

    • Loss: -6%

    • Context: Faced downward pressure amid broader market movements.

  6. Sonic (S)

    • Loss: -5%

    • Context: Part of a general pullback in certain sectors of the crypto market.

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