Japanese firm Metaplanet saw its stock price surge to three-month highs on Monday after announcing its latest Bitcoin (BTC) acquisition. The company added 1,004 BTC to its treasury, marking its third significant purchase this month.
A week earlier, it had acquired 1,241 BTC, surpassing El Salvador’s reserves. Previously, on May 7, Metaplanet made a comparatively smaller purchase of 555 BTC.
“From July 1, 2024, to September 30, 2024, the Company’s BTC Yield was 41.7%. From October 1, 2024, to December 31, 2024, the Company’s BTC Yield was 309.8%. From January 1, 2025, to March 31, 2025, the company achieved a BTC Yield of 95.6%. Quarter to Date, from April 1, 2025, to May 19, 2025, the Company’s BTC Yield is 47.8%,” the statement read.
The company now holds a total of 7,800 Bitcoin, with an aggregate investment of 105.38 billion yen, or roughly $712.5 million. The average historical purchase price across its Bitcoin holdings stands at 13.5 million yen per BTC, approximately $91,343 per coin.
Meanwhile, following the news, Metaplanet stock, 3350.T, appreciated by 12.6%, according to Yahoo Finance data. At press time, its trading price was 702 yen ($4.8), marking highs last seen on February 13.
Over the past month alone, 3350.T’s value has increased by 101.7%, greatly benefiting from Bitcoin’s latest rally. In fact, since adopting a Bitcoin reserve strategy, the stock prices have increased over 15-fold.
The firm’s financial performance further supports this upward trajectory. In its Q1 FY2025 earnings report, Metaplanet disclosed revenues of $6 million, with 88% derived from Bitcoin options trading.
This highlighted the important role BTC plays in its financial success. As the firm continues integrating Bitcoin into its economic strategy, it is setting a new benchmark for corporate crypto adoption in the region.
Virtuals Protocol (VIRTUAL) is down 15% in the last 24 hours after rallying an impressive 200% over the past 30 days. This pullback comes as the token tests a key resistance level around $1.53, while trend indicators show signs of weakening momentum.
At the same time, Smart Money wallets have increased their holdings by 14.4% in the last week and have held steady since May 2—suggesting confidence in the longer-term outlook. VIRTUAL stands at a technical and psychological crossroads. Traders are watching closely to see whether it can build toward a breakout above $2 or slide back to support at $1.19.
Smart Money Holds Steady as VIRTUAL Pulls Back 15%
The number of VIRTUAL tokens held by Smart Money wallets on Ethereum has increased by 14.4% over the past week, rising sharply from 16.49 million to 18.57 million on May 2, and remaining steady around 18.54 million since then.
Despite its recent price pullback, this growth signals that some of the most sophisticated on-chain participants have been accumulating exposure to VIRTUAL.
The sharp rise followed by stability suggests Smart Money wallets may be holding in anticipation of further upside, especially after the token posted a 209% gain in the last 30 days, making it one of the best-performing altcoins in the market.
The recent 15% dip in the last 24 hours hasn’t yet triggered widespread selling among these wallets, which may reflect patience rather than panic.
This holding pattern could signal confidence in continuing the broader uptrend or at least a strategic pause before reallocating.
While not guaranteeing future gains, steady Smart Money holdings in the face of short-term volatility are often a positive signal for longer-term momentum.
The BBTrend (Bollinger Band Trend) is a volatility-based indicator that measures the strength and direction of a trend by analyzing the expansion and contraction of Bollinger Bands.
Values above zero suggest a bullish trend, with higher readings indicating stronger momentum. Since April 24, VIRTUAL’s BBTrend has stayed in positive territory—signaling consistent bullish behavior for nearly two weeks.
The current reading of 6.76 still reflects a positive trend, but the steep drop shows that momentum is cooling off. While this doesn’t necessarily signal an imminent reversal, it suggests that the explosive pace seen in recent days is slowing.
Traders should watch whether the BBTrend continues to decline or stabilizes—either could shape whether VIRTUAL regains strength or dips further.
At a Crossroads: Will VIRTUAL Breakout Above $2 or Pull Back to $1.19?
VIRTUAL is currently trading just below a key resistance level around $1.53. If buying momentum returns—particularly with renewed interest in crypto AI agents—VIRTUAL could test $1.89 in the near term.
A successful breakout there would pave the way for a possible move above the $2 mark, a level it hasn’t reached since January 30.
HTX, a leading global cryptocurrency exchange, has announced the launch of the sixth phase of its Crypto Gem Hunt program. Amidst a crypto market characterized by persistent volatility, with Bitcoin fluctuating between $100,000 and $110,000, market sentiment remains largely influenced by macroeconomic policies, regulatory developments, and speculative behavior. Against this backdrop, HTX’s Crypto Gem Hunt leverages rigorous data analysis and a meticulous selection process to spotlight seven standout projects. These projects are strategically positioned for growth and demonstrate strong community engagement. The selected assets span some of today’s most dynamic sectors—including RWA/DeFi, AI, Meme, LSD, and SocialFi—and feature both promising new entrants and well-established projects that have recently outperformed broader market trends.
New Listings Shine Across a Well-Balanced Sector Mix
In May, HTX listed 23 new assets, including six stablecoins, an approach that underscores its commitment to staying at the forefront of the stablecoin trend and expanding its asset offerings. Notably, USD1 made its global debut on HTX. The token, issued by World Liberty Financial (a company backed by the Trump family), focuses on building a DeFi lending ecosystem in the United States. USD1 quickly gained traction as one of May’s most discussed projects on social media and received an S rating.
Besides USD1, two other new assets in Crypto Gem Hunt #6 have stood out:
SYRUP (Maple Finance), a key player in the RWA/DeFi sector, experienced an impressive 117.7% surge following its listing on May 8, earning an A rating. SYRUP is the native token of Maple, a decentralized lending protocol that allows users to deposit USDC, receive syrupUSDC, and earn yield. All loans are collateralized by digital assets, ensuring both strong security and sustainable returns.
KAITO, an innovator in the InfoFi/AI sector, recorded a remarkable 263.6% increase since its listing on HTX on February 23, securing an A rating. KAITO is building an AI-driven crypto information network that streamlines content distribution among creators, users, and capital. By empowering the content ecosystem, KAITO is positioning itself at the forefront of the convergence between crypto and AI.
Despite continuous shifts in market dynamics, a select group of earlier-launched projects are demonstrating remarkable resilience. Backed by strong product fundamentals and vibrant community support, they’ve recently returned to the spotlight with evolving narratives and renewed momentum, capturing the attention of both investors and users.
Two Meme projects from last September, MOODENG and NEIROCTO, serve as notable examples:
MOODENG, built on the Solana (SOL) chain, surged an incredible 961.5% and received an A rating. Inspired by the famous pygmy hippopotamus from Thailand, MOODENG’s unique design, strong community, and viral momentum propelled it to a nearly tenfold increase post-launch.
NEIROCTO (First Neiro On Ethereum) is community-driven and carries on the spirit of Doge. Since its launch on September 7, 2024, it has seen a peak increase of 235%. Through consistent operational efforts and content-driven initiatives, NEIROCTO has cultivated a highly engaged Meme community.
ETHFI (ether.fi), launched in March 2024, emerged during the boom of the LSD sector and has since recorded a 258.7% increase. With rising interest in LSD solutions within the Ethereum ecosystem, ETHFI shows strong growth potential and a solid track record.
MASK (Mask Network), launched in 2021, is a SocialFi project that recently gained 187.3%. Acting as a bridge between Web2 (traditional internet) and Web3 (decentralized internet), MASK integrates decentralized applications into mainstream social media via a browser plugin. Recent feature updates and community efforts have significantly contributed to its price recovery.
HTX Crypto Gem Hunt Empowers Users Across Market Cycles
To date, HTX has launched six rounds of its Crypto Gem Hunt program. The latest selection features not only high-growth new assets from emerging sectors but also established projects that have recently delivered strong performance. Together, these assets offer users a well-balanced portfolio—combining defensive stability with high-upside potential.
Looking ahead, HTX Crypto Gem Hunt will continue to empower users through professional, intuitive asset discovery supported by robust data and forward-looking analysis.
About HTX
Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.
As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.
On August 4, 2025, WEEX, a leading cryptocurrency exchange successfully completed its second-quarter burn of WEEX Token (WXT), in line with its token burn schedule. The total amount burned was 60,509,555 WXT, representing approximately 0.61% of the token’s total supply, valued around 2 million USD at the time of burning, reflecting the continued commitment of WEEX to its long-term growth and tokenomics structure.
The Burn Continues: WEEX’s Strategic Token Burn Schedule
WEEX conducted its first-ever token burn on January 31, 2025, burning a significant 4,000,000,000 WXT (40% of the total supply). Moving forward, the company plans to conduct quarterly burns, typically completed at the start of each quarter. WEEX will allocate 20% of its quarterly profits from trading fees, including futures and spot trading, listing charges, and other sources, to buy back and burn WXT tokens, reinforcing its commitment to creating a deflationary mechanism for the token.
Unlocking Value: The Benefits of Holding and Burning WXT
As the platform’s native token, WXT enhances user engagement and loyalty, driving WEEX’s growth and competitiveness by offering exclusive benefits, reducing trading fees, and incentivizing long-term holding. WXT holders will be eligible for periodic airdrops of new tokens, boosting their exposure to new profiting opportunities. The amount of WXT held will also influence a user’s VIP status, offering more exclusive privileges and lower trading fees. Additionally, trading agents who hold WXT tokens will receive higher profit-sharing rates, incentivizing active participation in the platform.
The WXT token burn mechanism serves as a key element of WEEX’s growth strategy, reducing the token supply to support long-term value appreciation. Since its launch at $0.01 in August 2023, the price of WXT has skyrocketed by 340%, reaching $0.034 at the time of writing, reflecting increasing market confidence. In alignment with platform revenues, a positive cycle is formed that not only rewards loyal users but also fosters sustainable growth for both the platform and the token’s value.
A Vision for the Future: WEEX’s Path to Global Market Leadership
WEEX has achieved significant milestones so far in 2025, including expanding its global team to over 500 members, establishing an international studio in Dubai, and securing a BSP license. Leveraging these strategic moves and its market leading futures liquidity, WEEX aims to reach over 10 million global users and exceed $10 billion in daily trading volume, positioning the platform for continued growth and success. The WXT burn program plays a vital role in this vision, creating a healthy ecosystem that benefits both the platform and its beloved users.
About WEEX
Founded in 2018, WEEX has quickly emerged as a global leader in cryptocurrency trading. With an extensive selection of trading pairs, cutting-edge features like WE-Launch, and partnerships with global icons like Michael Owen, WEEX continues to redefine the trading experience for millions worldwide.
