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
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