Crypto Market Recap: Market Downturn, Key Gainers, and ICOs to Monitor

Dear Readers,

Bitcoin dropped on Tuesday, following modest gains in the previous session, as its lackluster performance continued. Traders remained cautious ahead of the U.S. Federal Reserve's policy meeting starting later that day. The leading cryptocurrency fell 0.20%, reaching $83,400. Most altcoins also saw losses, with Ethereum staying nearly flat at $1,895.36 and XRP dropping 1.53% to $2.30. The total global cryptocurrency market capitalization is now $2.72 trillion, down 0.34% from the previous day.

Highlights Of The Week

• Microsoft has discovered a new remote access trojan (RAT) targeting crypto in 20 cryptocurrency wallet extensions for Google Chrome.

• Canary Capital has filed its sixth proposed crypto exchange-traded fund (ETF) with US regulators, tracking the spot price of the crypto token Sui.

• Solana futures were traded for the first time on the Chicago Mercantile Exchange (CME) Group’s US derivatives exchange on March 17.

• Stablecoin developer Ethena Labs and tokenization company Securitize are launching a new blockchain for retail and institutional investors in DeFi and tokenization.

• Ripple Labs has filed a trademark application for "Ripple Custody," signaling potential expansion into the crypto custody space.

• Brazilian lawmakers are considering new legislation to authorize employers to pay salaries in cryptocurrencies like Bitcoin.

Top Weekly Gainers

The cryptocurrency market, with its rapid pace and unpredictable shifts, can be difficult to navigate. However, seasoned traders thrive in identifying the Top Weekly Gainers that promise high returns. By staying updated on market trends and price changes, investors can leverage these opportunities to sharpen their investment strategies for better outcomes.

X Empire (X) has experienced a significant surge of 112.27% in the last 7 days, bringing its current price to $0.00008741. Launched in July 2024 on Telegram, X Empire is a tap-to-earn game where players engage with an Elon Musk avatar to earn currency. This currency can then be used for upgrades and to generate passive income, which has contributed to its recent spike in value. The token's current trading volume stands at $284.62 million.

Similarly, GOHOME (GOHOME) has surged by 111.74%, with its price reaching $266.29. The token gained popularity following a viral incident on January 21, 2025, when the White House's "go home" button malfunctioned. This sparked the creation of the $GOHOME meme, which has since evolved into a community focused on humor and etiquette. Currently, the token has a trading volume of $1.02 million.

BinaryX (BNX) also saw impressive growth, increasing by 74.17% in the past week. The platform’s cryptocurrency now sits at a price of $1.77, with a trading volume of $397.21 million. BinaryX is the native token of the BinaryX ecosystem, which includes a DAO and various games and products utilizing $BNX, contributing to its rising value.

PancakeSwap (CAKE) has had a solid week, gaining 70.93% and bringing its price to $2.59. As a decentralized exchange on both the BNB Chain and Ethereum, PancakeSwap offers a range of services, including trading, staking, and yield farming. With a trading volume of $1.06 billion, it’s clear that the platform’s offerings have been in high demand.

Finally, Bounce Token (AUCTION) has increased by 53.87%, with its price now at $30.12. Bounce Token is the native cryptocurrency of Bounce Finance, a platform that utilizes blockchain for decentralized auctions. The growing adoption of the platform has resulted in a surge in the token’s value, with a trading volume of $259.12 million.

Top Weekly Losers

Constantly shifting, the cryptocurrency market brings with it weekly narratives of both victory and defeat. The Top Weekly Losers underscore the difficulties of navigating regulatory changes, market fluctuations, and public scrutiny. Nonetheless, this week offers a valuable moment for traders and investors to reflect on their tactics and strive for better results.

Vameon (VON) has experienced a sharp drop of 67.95% over the past 7 days, bringing its current price down to $0.00005340. VON is the ecosystem utility token for the dark fantasy universe of dEmpire of Vampire, a mobile game developed by the Vameon project. At present, the token’s trading volume stands at $3.15 million.

Swarm (BZZ) has also taken a hit, plummeting by 43.13%, with its price now at $0.1827. Swarm aims to provide scalable, self-sustaining infrastructure for a supply-chain economy of data. The current trading volume of the token is $1.04 million.

AI Rig Complex (ARC) has seen a decline of 37.91%, bringing its price down to $0.04833. The platform combines artificial intelligence and Web3 technology to enhance decentralized ecosystems, but it has faced challenges in the market, with a trading volume of $5.65 million.

Happy Cat (HAPPY) has dropped by 31.79% over the last 7 days, with its price now sitting at $0.0008260. The token gained initial traction due to its connection to a viral video of a cat jumping behind a glass door. Right now, the token is experiencing a trading volume of $6.26 million.

Finally, Epic Chain (EPIC) has decreased by 29.18%, with its price currently at $1.36. Epic Chain is the successor to Ethernity Chain (ERN), having emerged through a 97.1% community-approved transition. The token’s trading volume is currently at $26.53 million.

Hot ICOs To Watch

Active ICOs

Slingshot

Slingshot is currently in its round on GemPool on Kucoin. The sale for Slingshot started on March 14 and will end on March 20. So far, the project has fundraised $20.59M across 8 rounds. Slingshot is a Web app designed to fuel a high volume of game launches within the Roblox ecosystem, offering exciting prospects for developers and players alike.

Grafilab

Grafilab is running its IDO round on Huostarter, with the sale having started on March 17 and set to close on March 19. The fundraising goal for this round is $150K. Grafilab is a CeDePIN AI infrastructure, which powers all kinds of AI applications and agents with GPU and Data, providing a robust platform for AI development and deployment.

Pell Network

Pell Network is conducting its sale on Launchpool on Bybit, which began on March 13 and will conclude on March 20. The project has raised $6.5M across 4 rounds. Pell is focused on building an Omnichain Trust Network by restaking idle BTC LSD into DVS, enhancing cryptoeconomic security across multiple chains.

Upcoming ICOs

Eventflo

Eventflo has announced the date for its Token Generation Event (TGE), which is scheduled for March 19, 2025. The project has raised $20M across 4 rounds. Eventflo is an AI-powered platform designed to streamline ticketing, marketing, and event operations through blockchain technology, offering an innovative solution for managing events more efficiently.

Overlay

Overlay is set to launch its IDO round on Legion, with the sale beginning on March 20 and ending on March 30. The fundraising goal for this round is $1M. Overlay protocol enables users to trade scalar, non-manipulable, and unpredictable data streams, providing a unique approach to data trading with a focus on transparency and security.

RabitiAI

RabitiAI will begin its airdrop round on May 20. So far, the project has raised $335K in two previous rounds. RabitiAI is focused on bridging the power of advanced technology with the decentralized principles of blockchain, offering innovative solutions that combine AI and decentralized networks for next-generation applications.

Ended ICOs

iAgent

The iAgent sale ended on March 17, raising $3.05M across 4 rounds. iAgent Protocol is revolutionizing the gaming industry by allowing players to own and monetize their gameplay skills through AI agents, providing new opportunities for gamers to benefit from their expertise and achievements.

Functionland

Functionland's IDO round on Red Kite concluded on March 17, raising $50K. Functionland's Fula Platform is a pioneer in decentralized data storage, playing a crucial role in advancing AI development by providing secure and scalable storage solutions for AI applications.

Arcadia Finance

Arcadia Finance's public sale ended on March 15, raising $500K. Arcadia Finance is a DeFi platform powered by AI, focused on optimizing yield strategies and offering innovative financial solutions, enabling users to maximize their returns in the decentralized finance space.

Hottest Airdrops

PAWS

• The PAWS airdrop checker is now live.

• Head to the airdrop checker page.

• Verify your identity by using either your Telegram account or wallet address.

• Once verified, you'll be able to see how many tokens you qualify for.

UniversalX

• Visit the UniversalX platform.

• Click "Login" and connect your wallet.

• Check your "OG Trader Eligibility" if you’ve used UniversalX before.

• Review potential boosters from past activity.

• Connect additional wallets (e.g., The People’s Launchpad, Particle Pioneer, CAPYBARA NFTs/$ALLY).

• Confirm booster multipliers are applied.

• Start trading to earn Diamonds.

• Share your referral link to earn Diamonds (1 Diamond for every 4 Diamonds your referrals earn).

Best Regards,
Crypto Recorder Team

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