Crypto Weekly: Melania Pumps, Trump Teases Wallet, Brown Bets on Bitcoin, Pipe Network Expands on Solana
Welcome to our exciting weekly recap in the dynamic world of cryptocurrencies! On Monday,
April 28th, 2025, at 9:00:05 AM EST (3:00:05 PM CET), we will analyze the prices of the top 10
cryptocurrencies according to Coin Market Cap and anticipate how the market could evolve
throughout the week. On Friday, May 2
nd, 2025, at 6:00:02 PM EST (12:00:02 PM CET), we will
compare these prices with the closing values to identify market trends and fluctuations
| CRYPTO | INITIAL | % CHANGE | FINAL |
|---|---|---|---|
| BTC | $95,386.97 | 2.29% | $97,572.66 |
| ETH | $1,808.00 | 2.49% | $1,853.04 |
| XRP | $2.26 | -2.21% | $2.21 |
| BNB | $607.34 | -1.13% | $600.46 |
| SOL | $150.87 | -0.32% | $150.38 |
| DOGE | $0.18 | 0.50% | $0.18 |
| ADA | $0.71 | -1.97% | $0.70 |
| TON | $3.28 | -3.78% | $3.16 |
| AVAX | $22.04 | -3.49% | $21.27 |
Melania Memecoin Pumps 21%, Team Sells $1.5M
Melania memecoin surged 21% this week, but the team sold $1.5M in tokens using a DCA strategy, raising concerns of more downside. Despite the pump, MELANIA remains 96% below its all-time high.
Bitcoin Hot Supply Nears $40B as Speculators Jump In
Bitcoin is seeing a surge in speculative capital, with “hot supply” — coins moved in the past week — doubling to $40B since March lows. Glassnode data shows short-term holders are re-entering as BTC flirts with $95K, signaling renewed market excitement. Despite the rally, active addresses haven’t yet hit classic bull market levels.
Trump’s Crypto Wallet Could Ignite Web3 — Is Best Wallet Token Next?
Trump plans to launch a Truth Social crypto wallet with a possible utility token, hinting at broader adoption of $TRUMP, $MELANIA, and more. Though vague, the move could trigger a Web3 boom, putting tokens like Best Wallet in the spotlight.
Pipe Network Launches Rewards for Decentralized Internet on Solana
At Token2049, Pipe Network unveiled PipeQuest, a rewards program for users who share bandwidth and run nodes. With over 200,000 active devices, the Solana-based network is gearing up for its mainnet launch in summer 2025.
Brown University Adds $4.9M in Bitcoin ETF to Its Portfolio
Brown University now holds $4.9 million in BlackRock’s Bitcoin ETF (IBIT), joining Emory and the University of Austin in backing Bitcoin. The position was revealed in a recent SEC filing, marking a growing trend of U.S. universities adding crypto to their endowments, signaling longterm confidence in Bitcoin’s institutional potential.
Sources
https://cointelegraph.com/news/melania-memecoin-team-sells-1-5m-tokens-price-pumps-21
https://cointelegraph.com/news/bitcoin-hot-supply-nears-40b-new-investors-flood-in-at-95k
https://bitcoinist.com/trump-crypto-wallet-launching-best-wallet-better-alternative/
https://crypto.news/solana-based-pipe-network-launches-rewards-for-its-decentralized-internet/
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