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Weekly Crypto Update: Top Gainers and Losers (May 12 - May 17, 2025)


Weekly Crypto Update


Certainly! Here's a comprehensive overview of the cryptocurrency market from May 12 to May 17, 2025, focusing on Market Updates, GameFi, DeFi, NFTs & Web3, along with the top 10 newly launched GameFi, DeFi, and meme coins of the week.


Market Overview (May 12–17, 2025)


  • Bitcoin (BTC) continued its bullish trend, trading around $105,000, just 3% below its all-time high. Factors contributing to this surge include easing global tariffs, new US trade agreements, and anticipation of potential U.S. interest rate cuts.

  • Ethereum (ETH) experienced a slight pullback, trading below $2,500, as investors booked profits in anticipation of low weekend market volumes.

  • Altcoin Season: The Altcoin Season Index stood at 24, indicating that Bitcoin remains dominant. However, the foundations for a potential altcoin breakout are gradually forming.

  • Market Surge: Web3 gaming and GameFi tokens saw significant gains, with the Play-to-Earn (P2E) tokens' market cap reaching $7.15 billion, representing over half of GameFi’s market cap.

  • Investment Trends: Despite the surge, Web3 gaming investment fell 69% in April 2025, with only $21 million raised, marking the second-lowest since October 2024.

  • Real-World Asset (RWA) Tokenization: DeFi platforms are increasingly tokenizing physical assets like real estate and commodities, altering the way physical assets are owned, sold, and accessed.

  • Top DeFi Protocols by Total Value Locked (TVL):

    • AAVE: $17.936 billion

    • Lido: $14.586 billion

    • EigenLayer: $6.909 billion

    • Sky: $5.855 billion

    • Ethena: $4.856 billion


  • Blockchain Gaming: The gaming industry continues to embrace blockchain technology, merging entertainment with economic opportunity through play-to-earn (P2E) and metaverse platforms.

  • Web3 Events: Canada Crypto Week was held from May 11–17, 2025, in Toronto, bringing together industry leaders to discuss the latest trends in Web3, NFTs, and blockchain technology.


🚀 Top 10 Newly Launched Tokens (May 12–17, 2025)


🎮 GameFi Projects

  1. BlockDAG: Gained attention with its upcoming exchange reveal scheduled for June 13, 2025.

  2. Immutable (IMX): Announced a major partnership, leading to a surge in its token value.

  3. Karratcoin (KAT): Combines DeFi with gaming, offering staking and participation rewards.

  4. Illuvium (ILV): Offers an open-world RPG experience with intricate gameplay mechanics.

  5. Gala Games (GALA): A robust ecosystem for developers and gamers.

  6. Fantasy Pepe: A play-to-earn game combining meme culture with strategic gameplay.

  7. Harry Hippo: An engaging platformer with NFT integrations and community-driven events.

  8. Gunz: A first-person shooter offering token rewards and NFT-based weaponry.

  9. Pixels: A creative sandbox game on the Ronin sidechain, emphasizing user-generated content.

  10. Craft World: An idle game from Voya Games, introducing blockchain mechanics to casual gaming.


💸 DeFi Tokens

  1. HYPE: A high-risk, high-reward option in the DeFi sector.

  2. PENDLE: Another high-risk DeFi token with potential for significant returns.

  3. AVAX: A Layer 1 token labeled as medium-risk with good return potential.

  4. SUI: Another Layer 1 token considered medium-risk with promising returns.

  5. EigenLayer: A DeFi protocol with a TVL of $6.909 billion, indicating strong investor interest.


🎮 GameFi & Web3 Highlights

  • NOTCOIN (NOT): A viral sensation on The Open Network (TON), amassing over 30 million users since its debut.

  • Immutable (IMX): Gaining traction with its Layer 2 scaling solution, powering popular blockchain games like Gods Unchained and Illuvium.

  • Web3 Gaming Investment: Despite a 69% drop in April funding, the sector remains optimistic with several anticipated game releases.


💸 DeFi Developments

  • Chainlink (LINK): Leading in development activity, reinforcing its position as a top oracle solution.

  • DeepBook (DEEP): A rising star on the Sui network, focusing on decentralized order book solutions.

  • DeFiChain (DFI): Securing the third spot in development activity, emphasizing decentralized financial services.

  • Mutuum Finance: A hybrid lending platform offering both Peer-to-Contract and Peer-to-Peer capabilities.

  • DeepBook (DEEP): A decentralized order book protocol on the Sui network, enhancing trading efficiency.

  • DeFiChain (DFI): Focused on bringing decentralized financial services to the Bitcoin ecosystem.


🖼️ NFT & Web3 Ecosystem

  • NFT Market Cap: Surged 69% to $4.8 billion, signaling a robust recovery and growing investor interest.

  • Web3 Gaming: Anticipated to benefit from pro-crypto regulations in the U.S., with several high-profile game launches on the horizon.


Note: This is not financial advice. Always do your own research before investing.


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