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Your Weekend Crypto Roundup | May 2025 (Week 5)

Published 1 month ago3 minute read

Hello, crypto fam!

It’s the final weekend roundup for May—how time flies, even in a space that never sleeps. 

We hope May treated you well, and here’s wishing you even more wins in the weeks ahead. 

If you haven’t subscribed yet, now’s the perfect time to hit that subscribe button and stay in the loop with all the latest Web3 updates!

As always, here’s a quick recap of everything that went down this week. Enjoy!

Circle Freezes $58M in USDC Amid LIBRA Memecoin Scandal

Circle, issuer of the USDC stablecoin, has frozen nearly $58 million linked to the controversial LIBRA memecoin project. The freeze targeted two Solana wallets connected to LIBRA’s deployers, following a class-action lawsuit filed in New York where investors allege insider fraud. Blockchain firm Arkham confirmed Circle’s use of multisig authority to halt transactions, marking a major escalation in one of 2025’s most prominent crypto scandals.

LIBRA surged after Argentine President Javier Milei promoted it as a tool for small businesses, reaching over $5 and a $4 billion market cap within an hour. However, a massive insider dump crashed its value by 90%, resulting in $250 million in retail losses. The fallout has sparked political unrest in Argentina and may set new legal precedents in crypto accountability.

According to data from , these are the five biggest gainers of the week:

  • WalletConnect Token +94.71%, from $0.590721 to $1.15
  • NATIX Network +101.79%, from $0.00094523 to $0.00190804
  • Undeads Games +54.73%, from $0.695351 to $1.076

According to data from , the five biggest losers of the week are:

  • Efinity -15.36%, from $0.616844 to $0.522099
  • Hey Anon -18.65%, from $6.22 to $5.06
  • Based Fartcoin -31.02%, from $0.00043206 to $0.00029793
  • B3 -25.26%, from $0.00463979 to $0.00346849
  • Covalent X Token -19.45%, from $0.04228250 to $0.03405899

Project Spotlight

Gomble Games Launched GOMBLE BUILDERS: A Community-Powered Web3 Gaming Platform

Gomble Games, creators of the hit Web3 title EggDrop, has launched GOMBLE BUILDERS, a collaborative game development platform where communities, NFT holders, and developers co-create games and share in the rewards. Unlike most Web3 projects, these games are built for mainstream mobile users, blending user-generated content with wide accessibility. Through asset licensing, AI tools, and integrated IPs, contributors can influence gameplay and earn revenue from their creations.

Why It Matters:
GOMBLE BUILDERS bridges Web3 innovation with Web2-scale reach, offering a new model where ownership, creativity, and financial upside are shared. With support from major partners and powered by the $GM token, it’s redefining game development as a collaborative, inclusive economy for global players.

Disclaimer: This article is intended solely for informational purposes and should not be considered trading or investment advice. Nothing herein should be construed as financial, legal, or tax advice. Trading or investing in cryptocurrencies carries a considerable risk of financial loss. Always conduct due diligence. 

If you want to read more market analyses like this one, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

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