đ Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! Ripple co-founder and
BitcoinWorld Memecoin Market Cap Explodes: A Phenomenal $17 Billion Surge This Month The world of digital assets is constantly evolving, and this month, one sector has truly stolen the spotlight: memecoins. What was once considered a niche, speculative corner of the cryptocurrency landscape has now demonstrated a truly astounding display of resilience and growth. Weâre witnessing a remarkable phenomenon as the overall memecoin market cap has soared by nearly $17 billion, reaching an impressive $72 billion. This isnât just a minor fluctuation; it represents a significant 29% increase from the $55 billion recorded at the end of June, according to data from CoinMarketCap, as reported by Cointelegraph. This explosive growth is captivating investors and enthusiasts alike, prompting many to ask: whatâs fueling this sudden and powerful rally? Whatâs Driving This Astounding Memecoin Market Cap Surge? The recent surge in the memecoin market cap isnât happening in a vacuum. Several factors appear to be converging, creating a perfect storm for these often-volatile assets. While memecoins are known for their community-driven nature and viral appeal, their recent performance suggests deeper market dynamics at play. One of the primary catalysts, as noted by Cointelegraph, is the price rallies observed in foundational cryptocurrencies like Ethereum (ETH) and Solana (SOL). When major cryptocurrencies experience upward momentum, it often creates a ripple effect across the broader altcoin market, with memecoins often benefiting disproportionately due to their high beta characteristics. Furthermore, increased trading volume across the board indicates a renewed interest and liquidity flowing into the sector. This isnât just about price appreciation; itâs about more participants entering the market, more trades being executed, and a general increase in activity. This heightened engagement suggests that investors are once again looking towards higher-risk, higher-reward assets, possibly in anticipation of a broader market uptrend or simply a desire to capitalize on the rapid gains memecoins can offer. Spotlight on Top Performers: Dogecoin, Shiba Inu, and Pepe Coin While the entire memecoin sector is experiencing a boom, certain key players are leading the charge. The titans of the memecoin world, Dogecoin (DOGE) and Shiba Inu (SHIB), have once again demonstrated their significant market presence. Both have shown substantial gains over the past week, reaffirming their status as investor favorites within this volatile asset class. But they arenât alone; Pepe Coin (PEPE), a relatively newer entrant that captured significant attention earlier this year, has also contributed meaningfully to the overall growth. Letâs take a closer look at some of the major memecoin movements: Memecoin Recent Performance (Past Week) Notes Dogecoin (DOGE) Significant Gains The original memecoin, strong community backing. Shiba Inu (SHIB) Significant Gains Known for its ecosystem development (Shibarium). Pepe Coin (PEPE) Significant Gains Recent viral sensation, no intrinsic value claims. These gains are not just about price; they are indicative of renewed investor confidence and speculative interest flowing back into these highly liquid assets. The sheer volume of trading suggests that both retail and potentially institutional players are re-engaging with the memecoin phenomenon. Beyond the Giants: The Remarkable Rise of Floki, Pudgy Penguins, and Bonk While Dogecoin , Shiba Inu , and Pepe Coin often grab the headlines, the recent market movements show that the momentum extends far beyond these established names. Smaller, yet highly influential, memecoins have also posted incredible gains in trading volume, signaling a broadening of interest across the sector. Floki (FLOKI), Pudgy Penguins (PENGU), and Bonk (BONK) have all witnessed staggering increases in trading volume, ranging between 45% and 72%. This suggests that the speculative fervor is not concentrated in just a few assets but is spreading to a wider array of memecoin projects. This expansion of interest is a crucial indicator. It points to a broader bullish sentiment for memecoins, where investors are willing to explore projects with smaller market caps but potentially higher growth ceilings. These tokens, often tied to specific communities or narratives, can experience rapid price swings fueled by social media trends and viral marketing. Navigating the Volatile Crypto Market: Benefits and Challenges of Memecoin Investing The recent surge in the crypto market growth , particularly within the memecoin sector, presents both exciting opportunities and significant challenges for investors. The primary benefit, undoubtedly, is the potential for exponential returns. As weâve seen with the $17 billion increase in memecoin market cap, these assets can deliver gains that are rarely seen in traditional markets. They offer accessibility to a wide range of investors, often at very low entry points per token, making them appealing for those looking for high-risk, high-reward plays. However, itâs crucial to acknowledge the inherent challenges. Memecoins are notoriously volatile. Their prices are often driven by sentiment, social media trends, and celebrity endorsements rather than fundamental utility or technology. This makes them highly susceptible to rapid price corrections. What goes up quickly can come down even faster. Liquidity can also be a concern for smaller memecoins, making it difficult to enter or exit positions without impacting the price. The lack of clear use cases for many memecoins also means their long-term viability is often questionable compared to projects with defined roadmaps and technological innovations. Key Considerations for Investors: High Volatility: Be prepared for significant price swings. Community-Driven: Understand that sentiment and social trends heavily influence price. Research is Key: Even for memecoins, understanding the projectâs community, development (if any), and overall market sentiment is vital. Risk Management: Never invest more than you can afford to lose. Diversify your portfolio. What Does This Memecoin Resurgence Mean for the Future of Crypto? The phenomenal surge in the memecoin market cap is more than just a passing trend; it reflects a broader sentiment within the cryptocurrency space. It indicates a renewed appetite for risk and speculative investments, often seen during periods of market optimism. This latest wave of growth, significantly boosted by the upward trajectory of major cryptocurrencies like Ethereum and Solana, highlights the interconnectedness of the crypto ecosystem. While memecoins may lack the fundamental utility of some other digital assets, their ability to capture public imagination and generate significant trading volume makes them an undeniable force in the market. This period of explosive growth could signal a broader resurgence for the entire crypto market, drawing new participants and capital. However, investors must proceed with caution, understanding that the very factors that drive memecoin prices sky-highâspeculation and hypeâcan also lead to swift and severe downturns. The future remains uncertain, but for now, memecoins are enjoying their moment in the sun, proving once again that in the world of crypto, anything is possible. To learn more about the latest crypto market trends, explore our article on key developments shaping cryptocurrency price action. This post Memecoin Market Cap Explodes: A Phenomenal $17 Billion Surge This Month first appeared on BitcoinWorld and is written by Editorial Team
Russian bank Sberbank plans to offer custody services for the countryâs crypto assets. With more foreign banks embracing crypto custody, Anatoly Pronin, the Executive Director of Sberbankâs Alternative Payment Solutions Department, said they presented a proposal to the central bank on domestic crypto asset regulation. Lately, Russiaâs central bank has been more open to pro-crypto policies. Last year, they permitted companies to trade in crypto to bypass Western sanctions implemented due to the Ukraine war. Russiaâs Sberbank says it wants to regulate digital assets like the funds in bank accounts At a crypto regulation discussion, Pronin explained that Sberbank would want to oversee crypto assets like it does customer deposits, to ensure token security . He added that their custody service would include mechanisms to freeze assets upon suspicion of illegal activity and promote secure, accessible user transactions. Russiaâs central bank disclosed it would allow financial institutions to provide crypto investment products in late May. It detailed that the new rules would cover instruments, including derivatives and tokenized instruments, tied to crypto value changes. However, investors can only engage in non-deliverable contracts, meaning they canât hold or receive cryptocurrencies. The bank also stated that financial institutions must follow a risk-averse assessment strategy before launching crypto instruments to avoid compromising financial stability. However, the CBR never specified whether it would allow crypto custody services. Sberbank came up with a workaround to bypass Western sanctions Sberbank has been trying to make transactions easier for its users. In June, the bank devised a workaround that routes wire transfers to European banks via intermediaries, avoiding Western sanctions and the SWIFT bans. The bankâs clients can now transfer rubles through its mobile app to European cardholders at Revolut or N26. However, on the recipientâs side, the transfers do not display Sberbankâs name; instead, they show the name of a individual, a regional city, or a payment processing entity. So far, about 500,000 rubles, roughly $6400, can be transferred per transaction to European banks, with a monthly threshold of 3 million rubles, worth about $38,200. However, both N26 and Revolut distanced themselves from the alleged transfer scheme, insisting they prohibit any transactions that contravene sanctions. N26 said it routinely conducts compliance assessments, and Revolut warned users that such activity could lead to account restrictions. Regardless, one of the bankâs staff remarked, âItâs not dangerous. The bank has always had transfers like that.â Sberbank moves to expand crypto access for elite Russian investors Just recently, Sberbank said it would become a market maker providing liquidity for regulated platforms that will give qualified Russian investors access to cryptocurrencies like Bitcoin, a high-ranking executive unveiled. In an interview with business news outlet RBC, the head of Sberbankâs Global Markets Department, Alexander Zozulya, praised the Bank of Russiaâs âimportant stepâ to announce the development of an experimental legal regime (ELR) for crypto transactions and emphasized: âWe expect the emergence of a legal âsandbox,â an analogue of a regulated crypto platform, where super-qualified investors will be allowed to operate directly with cryptocurrencies.â Zozulyaâs remarks followed recent comments by Central Bank of Russia (CBR) Governor Elvira Nabiullina, who acknowledged earlier this month that direct investment in crypto assets would necessitate regulatory reforms and the development of dedicated infrastructure. During her appearance at the âRussian Stock Marketâ2025â conference in mid-May, Nabiullina also clarified that such transactions should be carried out exclusively within the ELR framework and available only to âhighly qualifiedâ investors. In March, the Central Bank introduced the special regime and the â highly qualified investors â category. Under the ELR, Russian companies will be permitted to use and exchange cryptocurrencies in foreign trade, providing a way to sidestep restrictions linked to the war in Ukraine. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites
đ Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! XRP continues to
Bitcoin Standard Treasury Company (BSTR) will become a publicly traded company through a merger with special-purpose acquisition company Cantor Equity Partners I, Inc. (Nasdaq: CEPO), the companies announced on Thursday. Cantor SPAC Deal Values BSTR Bitcoin Treasury at $10/Share The combined company is expected to list on Nasdaq under the ticker symbol âBSTRâ in the
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The debate over XRPâs true all-time high (ATH) has resurfaced following a clarifying post by Dom (Bull/ish) of EasyA. Amid recent price surges and renewed market interest, Dom addressed growing confusion about XRPâs historical peak, quoting Rippleâs Chief Technology Officer, David Schwartz, to set the record straight. Clearing the Confusion: $3.36 vs $3.84 Many XRP followers have long believed that the tokenâs ATH was $3.84, a figure commonly displayed on several cryptocurrency tracking platforms. However, Dom revealed that the actual peak was $3.36, an insight grounded in a statement by Rippleâs CTO. In a post made on January 16, 2024, David Schwartz explained the discrepancy. âThat is often reported as the all-time high,â he said, referring to the $3.84 figure. âBut you could not actually sell XRP for $3.84, nor did you have to pay $3.84 to buy it. That number included inflated amounts due to the use of âofficialâ currency exchange rates for Korean exchange rates.â since many of you are rightly asking, ATH for $XRP is $3.36. (not $3.84 as some exchanges will show). https://t.co/CqsA5NYxgX â Dom (Bull/ish) | EasyA (@dom_kwok) July 17, 2025 Dom echoed this explanation in his recent X community post, stating, âSince many of you are rightly asking, ATH for XRP is $3.36. (Not $3.84 as some exchanges will show).â His comment highlights the importance of accurate, regionally-adjusted data in defining historical price benchmarks. The Role of the âKimchi Premiumâ The inflated $3.84 figure stems from a phenomenon known as the âKimchi premium,â which refers to unusually high prices for cryptocurrencies on South Korean exchanges during the 2017â2018 bull market. Due to capital controls and limited access to foreign exchanges, South Korean traders were often willing to pay a premium to acquire crypto assets, XRP included. Some price aggregators used âofficialâ exchange rates for the South Korean won (KRW), which led to misleading conversions and exaggerated global averages. These inflated figures, while technically recorded, did not reflect the real trading environment for the vast majority of XRP holders and investors. We are on twitter, follow us to connect with us :- @TimesTabloid1 â TimesTabloid (@TimesTabloid1) July 15, 2023 Why $3.36 Is the More Accurate All-Time High Unlike the distorted $3.84 number, the $3.36 price point was the highest price XRP reached on major U.S. exchanges with consistent global liquidity. It reflects what traders could actually buy or sell XRP for, excluding anomalies caused by regional price disparities. As Dom rightly pointed out, understanding the authentic ATH is crucial, especially now that XRP has once again crossed the $3 threshold. As of mid-July 2025, XRP is trading at $3.26, up more than 10% in the past 24 hours, sparking conversations about whether a new ATH is imminent. Importance of Data Accuracy Amid Market Resurgence With XRP back in the spotlight due to regulatory clarity and growing institutional adoption, the need for precision in market history has become more important than ever. Investors, analysts, and researchers rely on historical benchmarks to assess potential growth and identify resistance levels. Misleading ATH figures can create confusion, misalign expectations, and distort technical analysis. Thanks to clarifications from Ripple CTO David Schwartz and amplifications by trusted voices like Dom, the XRP community now has a clearer, more accurate understanding of the tokenâs historical peak. This renewed accuracy helps position XRP for a more informed and transparent journey toward its next major milestone. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the authorâs personal opinions and do not represent Times Tabloidâs opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Expert Reveals Actual XRP Price All-Time High, Quoting Ripple CTO appeared first on Times Tabloid .