Daily Degen
June 3, 2025

From Whale Pumps to Dogface Rallies: The Crypto Week in Review

This week in crypto brought a hall-of-fame-worthy mix of meme coin momentum, AI-driven protocol hype, and some epic market faceplants. From WIF’s dogface meme surge to DEXE’s disastrous downgrade, we’re unpacking winners, losers, and the Twitter chatter that moved the needle.

KTA and BORG led this week's gainers with 25%+ pumps powered by whale activity and AI tease chatter. WIF and MOG revived the meme coin narrative while MKR rallied on real-world asset expansion plans. On the flip side, DEXE and ZBCN took massive hits amidst governance and liquidity FUD. Meanwhile, Twitter lit up with AI narratives and chatter about Solana’s liquidity migration.

Movers and Shakers

Today's Top Gainers:
Top 7-Day Gainers:
KTA (25.00%), BORG (22.85%), WIF (15.21%), MKR (12.08%), MOG (11.91%)
Today's Top Losers:
Top 7-Day Losers:
DEXE (-37.0%), ZBCN (-30.6%), LPT (-6.02%), SAROS (-4.41%), DCR (-4.14%)

When Memes Moon and DEXs Crash: A Weird, Wacky Crypto Week

If you blinked this week, you might’ve missed KTA rocketing 25%, or BORG making a bold leap of 22.85%—and no, we’re not talking about Star Trek collectibles. Crypto markets danced to the tune of meme coins, AI speculation, and whale activity, giving both degens and desk traders plenty to snack on.

Top Gainers and Losers: Who Flew, Who Flopped?

Leading the charge up was KTA with an eye-popping 25% surge. Speculation on Twitter suggests a mysterious liquidity injection from whale addresses, with on-chain sleuths tracing several six-figure buys to newly activated wallets. Just behind, BORG surged 22.85%, thanks to a rumored AI upgrade teaser dropped via a cryptic GitHub commit that’s since gone viral.

  • Top Gainers:
  • KTA (25.00%)
  • BORG (22.85%)
  • WIF (15.21%)
  • MKR (12.08%)
  • MOG (11.91%)

Meanwhile, one man’s breakout is another protocol’s breakdown. DEXE tanked a brutal 37% as its heavily hyped governance upgrade underwhelmed and questions around multisig transparency surfaced. ZBCN followed closely, down 30.6%, dragging sentiment around smaller-cap ecosystem tokens with it.

  • Top Losers:
  • DEXE (-37.0%)
  • ZBCN (-30.6%)
  • LPT (-6.02%)
  • SAROS (-4.41%)
  • DCR (-4.14%)

Twitter Chatter of the Gods

Crypto Twitter was ablaze this week with a frenetic mix of AI buzz, Solana supremacy takes, and the return of a dormant whale wallet from 2017. @punk6529 stirred the hive by announcing an AI-powered NFT metadata engine, drawing both applause and cries of vaporware. Meanwhile, Solana maxis were out in full force after @SolBigBrain hinted at “deep liquidity migration” coming to SOL DEXs—shortly after SAROS logged its 4.41% decline. Correlation? Maybe. Narrative? Absolutely.

The Dogface Effect: Meme Coins Are Not Dead

Don’t call it a comeback (but you probably should). WIF and MOG—two meme tokens affectionately dubbed the “dogface duo”—posted double-digit gains, signaling renewed appetite for virality over fundamentals. WIF’s 15.21% jump coincided with a viral TikTok trend featuring Shiba Inu montages edited to early 2000s love songs. This may seem frivolous, but welcome to the era when sentiment memes move more volume than whitepapers.

MakerDAO Inches Toward Real-World Asset Dominance

MKR’s 12.08% rise wasn't fueled by flash. Instead, it followed an internal proposal leak showing plans to onboard $500M in tokenized real estate over the next two quarters. The DeFi crowd cheered—though skeptics still wonder if RWA involvement strands DeFi in TradFi red tape.

What’s Driving the Market Psyche?

Despite headline losses from tokens like DEXE and ZBCN, many mid-cap tokens are experiencing orderly retracements after outsized rallies in May. Investors seem increasingly focused on projects with an AI hook or real-world value alignment—reflected in BORG’s and MKR’s outperformance. The market is risk-on for innovation, harsh on fluff.

The Bottom Line

We’re in a phase where whales are experimenting, and smaller investors are following meme momentum, not macro. While it’s tempting to chase pumps, deeper fundamentals like liquidity health, protocol transparency, and community traction are what will separate fly-by-night pumps from sustainable growth.

Three Things To Watch Next Week

  • Solana DEX migration rumors: Will SAROS catch a second wind?
  • Follow the Dogface memes: Can virality maintain market cap?
  • MakerDAO RWA narrative: Will TradFi money really flow in?

When Memes Moon and DEXs Crash: A Weird, Wacky Crypto Week

If you blinked this week, you might’ve missed KTA rocketing 25%, or BORG making a bold leap of 22.85%—and no, we’re not talking about Star Trek collectibles. Crypto markets danced to the tune of meme coins, AI speculation, and whale activity, giving both degens and desk traders plenty to snack on.

Top Gainers and Losers: Who Flew, Who Flopped?

Leading the charge up was KTA with an eye-popping 25% surge. Speculation on Twitter suggests a mysterious liquidity injection from whale addresses, with on-chain sleuths tracing several six-figure buys to newly activated wallets. Just behind, BORG surged 22.85%, thanks to a rumored AI upgrade teaser dropped via a cryptic GitHub commit that’s since gone viral.

  • Top Gainers:
  • KTA (25.00%)
  • BORG (22.85%)
  • WIF (15.21%)
  • MKR (12.08%)
  • MOG (11.91%)

Meanwhile, one man’s breakout is another protocol’s breakdown. DEXE tanked a brutal 37% as its heavily hyped governance upgrade underwhelmed and questions around multisig transparency surfaced. ZBCN followed closely, down 30.6%, dragging sentiment around smaller-cap ecosystem tokens with it.

  • Top Losers:
  • DEXE (-37.0%)
  • ZBCN (-30.6%)
  • LPT (-6.02%)
  • SAROS (-4.41%)
  • DCR (-4.14%)

Twitter Chatter of the Gods

Crypto Twitter was ablaze this week with a frenetic mix of AI buzz, Solana supremacy takes, and the return of a dormant whale wallet from 2017. @punk6529 stirred the hive by announcing an AI-powered NFT metadata engine, drawing both applause and cries of vaporware. Meanwhile, Solana maxis were out in full force after @SolBigBrain hinted at “deep liquidity migration” coming to SOL DEXs—shortly after SAROS logged its 4.41% decline. Correlation? Maybe. Narrative? Absolutely.

The Dogface Effect: Meme Coins Are Not Dead

Don’t call it a comeback (but you probably should). WIF and MOG—two meme tokens affectionately dubbed the “dogface duo”—posted double-digit gains, signaling renewed appetite for virality over fundamentals. WIF’s 15.21% jump coincided with a viral TikTok trend featuring Shiba Inu montages edited to early 2000s love songs. This may seem frivolous, but welcome to the era when sentiment memes move more volume than whitepapers.

MakerDAO Inches Toward Real-World Asset Dominance

MKR’s 12.08% rise wasn't fueled by flash. Instead, it followed an internal proposal leak showing plans to onboard $500M in tokenized real estate over the next two quarters. The DeFi crowd cheered—though skeptics still wonder if RWA involvement strands DeFi in TradFi red tape.

What’s Driving the Market Psyche?

Despite headline losses from tokens like DEXE and ZBCN, many mid-cap tokens are experiencing orderly retracements after outsized rallies in May. Investors seem increasingly focused on projects with an AI hook or real-world value alignment—reflected in BORG’s and MKR’s outperformance. The market is risk-on for innovation, harsh on fluff.

The Bottom Line

We’re in a phase where whales are experimenting, and smaller investors are following meme momentum, not macro. While it’s tempting to chase pumps, deeper fundamentals like liquidity health, protocol transparency, and community traction are what will separate fly-by-night pumps from sustainable growth.

Three Things To Watch Next Week

  • Solana DEX migration rumors: Will SAROS catch a second wind?
  • Follow the Dogface memes: Can virality maintain market cap?
  • MakerDAO RWA narrative: Will TradFi money really flow in?

Newsworthy

DEXE's 37% plunge grabbed attention—but more than a price drop, it surfaced questions about DAO-level transparency and the sustainability of decentralized governance when multisigs are murky.

Pro-Tip:

Track Telegram bots and on-chain alerts for fresh whale wallet activity—often the first sign of an incoming breakout. Tools like Arkham or Nansen can help identify non-random pattern accumulation on low-cap tokens.

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Disclaimer: The content of this article is for general market education and commentary and is not intended to serve as financial, investment, or any other type of advice.

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