The Daily Modern Market Snapshot: Wed 14 May
Majors: BTC 103k; ETH 2.6k; SOL 181
Headlines
- ETH up another 7% to $2.6K outperforming other majors; BTC steady at $103k; SOL +5% $181
- LAUNCHCOIN continues surge past $200M; ecosystem coins also up big
h/t @0x_ultra
- CryptoPunks IP sold by Yuga Labs to Infinite Node Foundation, a non profit for $20M
Notable PA
- MOODENG +30% in 24 hours; 700% on the week to 318M
- Launchcoin coins finding success: DUPE 53M; GOONCOIN 43M; BUDDY 14M; AURA 8M; GIGGLES 7M
Notable Sales
- CryptoPunk, Beanie - 148 ETH
- Web 3 reputation protocol Ethos drops 256 NFTs to top contributors: floor runs to 2.56 ETH
- Refik Anadol sells out 1000 Biome Lumina collection for $5k each raising $5M
Web 3 Round Up
- 21 Capital led by Jack Mallers and backed by Tether and Cantor buys $458M of BTC
- Robinhood acquires WonderFi for $180M, Canada's largest crypto platform
- VanEck launches VBILL, first tokenised treasury fund on SOL, AVAX, BNB and ETH
- London-based asset manager Abraxas Capital Management buys nearly $500 million worth of Ethereum in six days
- Donald Trump Jr denies Truth Social will drop a memecoin
More News
- Virtuals launches partnership with Kaito for new leaderboard to go live + Virgen points for Kaito stakers
- Fartcoin and SOL added by Unit to Hyperliquid so users can buy spot
- Perpl raises $9.25M for Monad perp DEX
- Luca Netz shares in interview Abstract token would make sense in Q4 2025
- Doodles announces Take Your Medicine, London based creative studio, launched last week
LIKE, COMMENT & RT if you found this helpful
25.82K
29
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.