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Cryptocurrency News Articles

Bitcoin Soared to an Unprecedented High of Over $110,000 Today

May 23, 2025 at 06:45 pm

As Bitcoin soared to an unprecedented high of over $110000 today, sending ripples of positive sentiment across the entire cryptocurrency market

Bitcoin price today hit a new high above $110,000, sending positive sentiment across the entire cryptocurrency market.

At HTX, we are proud to present the 5th installment of our Crypto Gem Hunt program. This program has consistently selected some of the best performing tokens, aiming to help users quickly identify and capitalize on the most profitable opportunities by responding swiftly to market shifts and selecting high-quality projects.

This round, eight tokens have demonstrated substantial wealth creation across various narratives.

As the chart shows, the top performer is MOODENG, a meme coin that surged up to 567% as of May 19.

This incredible price action is a testament to the platform’s belief in selecting high-quality projects and responding swiftly to market shifts.

Meme Coins Yet Again Dominate and Deliver Explosive Gains Across Chains

Meme coins remain the hottest narrative in crypto, showcasing standout returns regardless of their chain origin. Both legacy names and emerging narratives have posted significant breakouts, especially within the Solana ecosystem.

According to HTX data, top Solana meme coins like MOODENG and POPCAT soared by 567% and 447%, respectively. MOODENG in particular, shot up from 0.036 USDT to 0.24 USDT, showcasing remarkable narrative resilience.

Newly launched on HTX on April 27, HOUSE, a Solana meme coin, surged 179% shortly after listing, further validating the strength and capital flow into the Solana meme coin space.

On the Ethereum side, NEIROCTO—a meme coin initially listed on HTX on September 7, 2024—recently rallied 400%. Meanwhile, the AI meme coin DARK gained 246%, highlighting the strong appeal of combining AI with the meme coin narrative.

In essence, meme coins that blend strong narratives, engaged communities, and cultural virality continue to outshine the rest. As market sentiment recovers, meme coins are often the first to ignite retail enthusiasm, acting as the catalysts for broader market rallies.

A-Rated Infrastructure Projects Earn Their Spot: Restaking, L1, and Data Tools

Beyond meme coins, HTX’s 5th Crypto Gem list also includes high-quality projects StakeStone (STO), Initia (INIT), and Bubblemaps (BMT), representing the restaking, Layer 1, and data tool sectors, respectively. They were all awarded A ratings by HTX analysts, indicating high potential and broad market recognition.

StakeStone is quickly becoming a star in the restaking space. Unlike PoS staking or existing restaking protocols, StakeStone focuses on cross-chain liquidity infrastructure with efficient liquidity distribution and dynamic yield strategies for ETH, BTC, and stablecoins. Since listing on HTX on April 6, STO has performed exceptionally well, gaining 314% and outperforming most of its restaking peers.

Initia, one of 2025’s most anticipated Layer 1 launches, aims to provide production-grade modular blockchain services for developers and users. It boasts a robust Layer 1 chain and a flexible, interconnected Layer 2 ecosystem. INIT was listed on HTX on April 23 and has rallied 155% to date.

Bubblemaps offers next-gen data visualization tools that bring clarity to complex on-chain relationships. Its innovative data presentation and user-friendly design for DeFi users position it as a differentiated contender in the data infrastructure sector.

HTX Crypto Gem Hunt: High Standards for Project Selection

Since its launch, the HTX Crypto Gem Hunt program has focused on identifying tokens with strong upside potential, leveraging deep analysis across technology, narrative strength, and user experience.

The program has continually selected only the most promising opportunities for user wealth growth by zooming in on narratives like meme coins, public chains, restaking protocols, AI memes, data tooling, and the Solana ecosystem.

Across its five phases, the program has featured projects that delivered an average return of over 8 times, with seven “super cryptos” achieving more than 10x growth.

The program’s first two phases (phase 1 and phase 2) focused on the on-chain meme coin boom. Phase 3 targeted the AI meme coin sector, yielding excellent performance, and phase 4 expanded to sectors including meme coins, Layer 1, and AI-powered social media, achieving consistent results.

HTX empowers investors to unlock significant financial gains with its innovative Crypto Gem list. By tracking HTX’s latest asset listings, users gain early access to high-potential tokens before they surge. This proactive approach allows investors to strategically position themselves in undervalued opportunities, maximizing returns in the current market cycle.

The next list may include your prized assets. HTX’s rigorous project selection and market expertise ensure a continuous stream of lucrative investment opportunities for its valued users.

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Other articles published on Jun 07, 2025