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Pengu Is Red-Hot with 61% Weekly Gains, Memecoin Market Surges, First Solana Staking ETF Gains $12M, and More…

by Bogdan Patru
July 3, 2025
in Cryptocurrency
Reading Time: 3 mins read
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Trusted Editorial content material, reviewed by main trade specialists and seasoned editors. Advert Disclosure

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First Solana staking ETF, REX-Osprey, Packs $12M in Inflows in Its Debut Day, Fueling Meme Cash Like Snorter Token

July 3, 2025 • 09:34 UTC

REX-Osprey, Solana’s first staking ETF, introduced in $12M in inflows in its very first buying and selling day.

The asset recorded a $33M buying and selling quantity as effectively, marking a profitable launch which brought about speedy reactions within the crypto market.

Crypto analyst, Erich Balchunas, posted the information on X, with the remark that, whereas smoking Solana and XRP futures ETFs, REX-Osprey continues to be beneath Bitcoin and Ether, which was to be anticipated.

Bloomberg analyst, James Seyffart, characterised REX-Osprey’s efficiency as a ‘wholesome begin,’ whereas noting that the asset recorded $8M in buying and selling in its first 20 minutes alone.

Nathan McCauley, co-founder of Digital Anchorage, additionally praised the efficiency, stating that:

‘The launch of crypto staking ETFs is a defining second for digital belongings and a big step ahead in full entry to the crypto ecosystem.’

REX-Osprey’s surprising numbers are prone to meme cash like Snorter Token ($SNORT), which provide each meme materials and on-chain utility.

The Snorter Bot is a good companion to opportunistic merchants, scanning the market and sniping scorching tokens that will fly beneath your radar.

Study extra about Snorter Token ($SNORT) on the presale web page.


Pengu Is Purple-Sizzling with 61% Features within the Final Week as Memecoin Market Surges: Is the Rally Coming, and Will Meme Cash Soar?

July 3, 2025 • 09:34 UTC

Meme cash are again, brother. The whole market cap is up 9% within the final day, and the quantity 65% to nearly $10B. Prime gainers like $HOSICO (+54%) and $MOODENG (+46%) are honest sport however Pudgy Penguins ($PENGU) has been inexperienced for over a month.

Pudgy Penguins monthly price performance on CoinMarketCap

The $PENGU NFT ETF submitting by Cboe was the primary hype driver right here, and for good cause. This might be the world’s first memecoin ETF, and it drove degens loopy as $PENGU surged 64% in every week.

Even now, group sentiment on CoinMarketCap is a wholesome 71%, and most are bullish on the token’s future. Even technical analysts are optimistic, invoking Bollinger bands to assist the bullish thesis.

Good cash is betting on meme cash this week and, if quantity holds these ranges, we may be rocket gasoline within the memecoin market.

If you wish to catch the subsequent prepare, listed below are the highest meme cash it’s best to look ahead to.


Editorial Course of for bitcoinist is centered on delivering completely researched, correct, and unbiased content material. We uphold strict sourcing requirements, and every web page undergoes diligent evaluation by our crew of prime know-how specialists and seasoned editors. This course of ensures the integrity, relevance, and worth of our content material for our readers.



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Tags: 12mETFgainsMarketMemecoinMore..PENGURedHotSolanaStakingsurgesweekly
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