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Top Movers June
June 2025 saw speculation around a PENGU ETF rallying some memecoins, including SPX6900 while bullish words from SEC Chair Paul Atkins rallied AAVE and UNI. Bitcoin consolidated above $100K. Discover the top movers and key market trends with Blockchain.com.
June 2025 delivered a contrasting month for crypto. Bitcoin (BTC) consolidated after its historic May rally, while select memecoins and other altcoins posted strong gains.
Let’s review June’s biggest market stories and token performances.
🐧 Memecoins Rally on ETF Speculation
Speculation around filing a Pudgy Penguins (PENGU) ETF surged the penguin memecoin by +42.7%. The news sparked significant buzz around the token on social media.
SPX6900 continued its impressive run with a +22.3% gain, likely benefiting from the broader memecoin ETF narrative.
🔥 Some Altcoins Show Strength
Aave (AAVE) and Uniswap (UNI) led DeFi gains, reflecting renewed focus on self-custody, a theme emphasized by SEC Chair Paul Atkins, who stated:
“The right to have self-custody of one’s private property is a foundational American value.”
This likely influenced UNI’s rise to +13.6%, while AAVE gained +10.6%. COMP added +6.2%, and TRX advanced +4%, showing stability during broader market consolidation.
🩵 Bitcoin Consolidates Above $100K
Bitcoin (BTC) declined -15.6% in June, consolidating just above the $100K level after May's rally to all-time highs. The pullback was unsurprising given the magnitude of its previous gains.
Ethereum (ETH) showed relative resilience, falling -2.8% compared to Bitcoin's sharper decline. The network maintained key support levels during the broader market consolidation, though it followed the general trend of the market pullback.
📊 Market Dynamics
While BTC faced natural corrections after explosive gains, ETF speculation drove memecoin interest, and select altcoins showed resilience during the broader pullback.
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*Past performance is not a guarantee of future performance
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