Crypto Market Snapshot: Biggest Winners, Hardest Hit, and ICO Highlights

Dear Readers,

Bitcoin saw a modest increase of 0.98% on Tuesday, reaching $88,445, following a quiet day of trading. This uptick came after U.S. President Donald Trump amps up pressure on the Fed to lower interest rates. Meanwhile, Ether lost -1.32%, settling to $1,624, and XRP dropped -1.66%, reaching $2.09. The global cryptocurrency market capitalization slipped by -0.30%, totaling $2.74 trillion.

Highlights Of The Week

• The governance token for the Reserve Protocol stablecoin surged 13.6% after Coinbase confirmed its listing and Paul Atkins was sworn in as SEC chairman.

• Coinbase launched futures contracts for the XRP token on its US derivatives exchange, adding to the growing list of crypto derivatives products available to investors.

• US District Judge Barbara Rothstein granted Binance’s motion to transfer a money laundering case to the Southern District of Florida due to similarities with an existing case.

• KuCoin's planned settlement with the US Commodity Futures Trading Commission may be delayed following a policy shift at the CFTC under the current administration.

• Crypto law firm Burwick Law warns Solana-based NFT platform Metaplex could face litigation if it proceeds with a plan to sweep unclaimed NFT value into its DAO treasury rather than return it to investors.

• Gibraltar’s Supreme Court reversed its decision to freeze 542 million PLAY tokens, citing insufficient evidence to continue the freeze in a dispute involving the PLAY Network platform.

• Indian crypto exchange WazirX, hacked for $234 million in July, is awaiting a May 13 court decision on its restructuring plan and user compensation to resume operations.

• Mantra’s founder, John Patrick Mullin, began unstaking and burning 150 million OM tokens to reduce the total supply and attempt to restore the token's value.

Top Weekly Gainers

The cryptocurrency market is known for its rapid changes and volatility, often posing challenges for investors. Yet, seasoned traders thrive in this environment by spotting the Top Weekly Gainers—cryptos showing strong upward momentum. By closely monitoring trends and price shifts, investors can capitalize on these opportunities and enhance their investment approaches for better returns.

Treasure (MAGIC) has seen a surge of 252.44%, bringing its current price to $0.2565 with a trading volume of $792.35 million. Founded in 2021, Treasure positions itself as the decentralized game console and serves as the base layer for next-generation games.

Lorenzo Protocol (BANK) is currently trading at $0.04696 after a price increase of 124.96%, supported by a trading volume of $14.76 million. Lorenzo is an institutional-grade asset management platform that specializes in issuing yield-bearing tokens backed by diverse investment strategies.

Fair and Free (FAIR3) has experienced a 76.80% increase in value, now priced at $0.03062 with a volume of $7.45 million. FAIR3 champions a Web3-based ecosystem designed to empower creators by enabling true ownership of their data and intellectual property.

Bittensor (TAO) is priced at $321.86 following a 35.67% rise, with a trading volume of $202.27 million. Bittensor is an open-source protocol that facilitates a decentralized, blockchain-based machine learning network.

Core (CORE)currently stands at $0.6551, marking a 28.95% increase, with a volume of $23.44 million. Core is a Layer 1 blockchain that offers full compatibility with the Ethereum Virtual Machine (EVM), enabling it to run Ethereum smart contracts and decentralized applications (dApps).

Top Weekly Losers

The ever-shifting landscape of the cryptocurrency market brings a mix of gains and losses. This week’s biggest decliners highlight the ongoing challenges posed by shifting regulations, unpredictable price swings, and fluctuating public interest. Still, these developments offer traders and investors a fresh opportunity to reevaluate their tactics and strive for better results moving forward.

Currently trading at $0.02496, Retard Finder Coin (RFC) has seen a weekly decline of -74.77%, with a daily trading volume of $31.39 million. Retard Finder Coin is a meme coin born purely for entertainment—offering no utility beyond laughs -- capturing the attention of over 660,000 followers on its main page.

Priced at $0.004807, Ghiblification (GHIBLI) has experienced a -55.63% drop in value, with a current trading volume of $15.7 million. GHIBLI is built on the Solana blockchain and draws its inspiration from the viral AI-generated art trend mimicking the iconic style of Studio Ghibli.

Trading at $0.01181, Luce (LUCE) is down -48.69%, though its trading volume stands strong at $60.91 million. A unique entrant in the crypto world, Luce is a mascot character developed by the Vatican and the Catholic Church on the Ethereum network. It represents a cultural initiative aimed at engaging younger generations by stepping into the realm of pop culture through blockchain innovation.

With a current price of $0.1861 and a -42.06% drop, KernelDAO (KERNEL) maintains a robust trading volume of $50.27 million. KernelDAO is a forward-thinking restaking protocol boasting over $2 billion in Total Value Locked (TVL). It operates a trio of products—Kernel, Kelp, and Gain—designed to redefine yield strategies and staking ecosystems in DeFi.

Currently priced at $1.80,Finanx AI (FNXAI)has dipped -25.08%, with a trading volume of $4.32 million. FNXAI is an AI-powered trading platform that leverages real-time data and smart algorithms to automate and optimize investment strategies. Its core appeal lies in using advanced machine learning to detect trading opportunities and execute them autonomously, offering a futuristic edge to crypto investing.

Hot ICOs To Watch

Active ICOs

Cryptaine (CRY) launched its IDO on KingdomStarter on April 22, 2025, aiming to raise $250K by April 23, 2025. As a blockchain-powered affiliate management platform, Cryptaine is tackling issues like fraud, delayed payments, and tracking inefficiencies by leveraging smart contracts and the Base blockchain for real-time, secure commission payouts.

Meanwhile, Zora (ZORA) has already concluded four funding rounds, raising a total of $60M ahead of its sale ending on April 23, 2025. Zora is a decentralized protocol that empowers users to permission lessly buy, sell, and create with an intuitive suite of tools designed for seamless onboarding.

Also in the spotlight is Initia (INIT), whose token sale began on April 18, 2025, and will conclude on April 24, 2025. With $24M raised across six rounds, Initia is building a network that merges Layer 1 capabilities with application-specific Layer 2 infrastructure, paving the way for scalable and interconnected blockchain ecosystems.

Upcoming ICOs

Blink Game AI (BLINK) will hold its IDO on KingdomStarter starting April 27, 2025, and concluding the next day, with a fundraising goal of $200,000. Blink Game introduces a unique play-to-earn platform where users can earn crypto simply by blinking.

Following that, FNT Crypto (FNTIO) will begin its sale on April 28, 2025, ending on April 29, targeting a $100,000 raise. Positioned at the intersection of DeFi, CeFi, and Game-Fi, FNTIO draws inspiration from daily financial habits to offer a new approach to digital finance.

Looking ahead, RabitiAI (RIAI) has already raised $339,000 across two rounds and is set to begin its next sale on May 20, 2025. RabitiAI blends cutting-edge AI tools with decentralized infrastructure, empowering creators, brands, and communities to build intelligent agents that engage audiences and ensure project authenticity through blockchain integration.

Ended ICOs

DoubleZero (2Z) wrapped up its sale on April 22, 2025, raising a total of $28 million across two funding rounds. The project is building a global fiber network tailored for high-performance distributed systems and blockchains, enabling users to contribute fiber links to a dynamic, high-speed infrastructure.

Lorenzo Protocol (BANK), which positions itself as the Bitcoin Liquidity Finance Layer, closed its Binance Wallet Sale on April 18, 2025, securing $200,000 in funding.

Meanwhile, Lucky Kat (KOBAN), an award-winning gaming studio known for over 250 million downloads and more than 1.5 million active wallets, successfully ended its token sale on April 17, 2025, raising $400,000 as it continues to pioneer the convergence of Web2 and Web3 gaming.

Hottest Airdrops

Toshi.bet

• Create a Toshi.Bet account by visiting Toshi.Bet and registering

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Rings

• Set up a compatible wallet such as MetaMask or any other EVM-compatible wallet

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• Bridge assets to Sonic using Rhino.fi if starting from Ethereum

• Mint scAssets by depositing tokens

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• Consider locking staked assets to gain up to a 3x multiplier

• Provide liquidity in pools with scAssets for an additional 1.5x multiplier

• Get a referral link from the Points page and share it with friends to earn a 5% Rings bonus

• Monitor points accumulation and follow Rings Protocol on social media for updates

Best Regards,
Crypto Recorder Team

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