This past week was less about boring market trends and more about the kind of chaotic, hilarious, and sometimes terrifying antics that make the crypto world truly unique.
The charts weren’t the only things doing backflips this week; so did common sense. Strap in for the wildest whale-splashes, memecoin meltdowns, and rug-pull punchlines that kept crypto social platforms cackling.
Forget your charts and candlesticks for a moment; we’re diving headfirst into the viral sensations, the whale-sized mysteries, the meme coin madness, and the scams that kept us all on the edge of our seats and sometimes, our wallets.
Whales doing donuts
- A 14-year-old Bitcoin wallet finally woke up, yeeted 1,200 BTC onto an exchange, and immediately made every HODLer question their life choices. Two other crusty wallets followed with 20,000 BTC—because why dump one treasure chest when you can dump three?
- Alt-whales shoveled $50 million worth of PYUSD, PEPE, OKB, and other alphabet soup onto CEXes, turning price charts into ski slopes in real time.
Blockchain chain-mail: Mt. Gox OP_RETURN scam
Phishers got fancy this week, dust-bombing the legendary 1Feex wallet (≈ 80,000 BTC) with on-chain “legal notices” hidden in OP_RETURN data. The message basically said: “Click our sketchy website or forfeit your billions.” Nice try, scammers—ownership in Bitcoin ≠ email confirmation link.
Solana’s memecoin kennel goes feral
- BONK ripped 70% in seven days, out-yapping every dog in the yard, while rival launchpad lets BONK brag about “22,000+ token births in a day.”
- Meanwhile, Pump.fun locked in a pre-market listing on OKX, chasing a $4 billion FDV for a token literally named PUMP. Because nothing says “responsible investing” like buying “Pump” before the pump.
Topless coin loses its shirt—community grabs a towel
The dev of Solana’s Topless Coin rugged liquidity, deleted Telegram, and vanished. Instead of rage-quitting, holders staged a Community takeover, relaunching the project with the battle cry, “We’re not topless, we’re peer-to-peer!” Markets are still down 77%, but the memes are up infinity.
Kinto’s $K token: From keto diet to zero diet
A mint-contract exploit on Arbitrum let an attacker print $K like they were supermarket coupons, collapse the price -87 %, and borrow USDC against the fake collateral. Kinto swears it wasn’t a rug, just “off-network liquidity yoga.” Investors remain unconvinced (and unfunded).
Rowan Energy’s eco-friendly rug pull
Nothing says green like a billion ghost tokens and hardware miners that mine only tears. Researchers minted and burned a billion RWN just to prove the hidden mint function worked, leaving the project’s “carbon-neutral” narrative in literal ashes.
GMX V1 gets re-entranced
A reentrancy bug let a crafty trader yank ≈ $40 million from GMX’s GLP pool, proving once again that “audited” contracts are sometimes just fancy bug showcases. GMX offered a 10 % white-hat bounty; the hacker left them on read.
Crypto jokes: The laughter and Pain of the Market
What’s a crypto week without some relatable humor? Here’s a taste of the viral wisdom:
- How many Monero holders does it take to change a light bulb? None; they operate in the dark.
- I asked a hooker if she accepted Bitcoin. She told me no because it goes up and down more than she does.
- Why do bitcoin investors want a Lambo? Because they know Ferrari is owned by Fiat.
- I was trying to explain how a crypto investment works to my dad. Today, he removed my name from his will and transferred all his property under my name to his name. (Ouch.)
- This crash was worse than a divorce. I’ve lost half my portfolio, and I still have my wife. (Double ouch.)
- Why did the people not trust the butcher? He had no proof of steak. (Proof of Stake, get it?)
- Tesla will never accept ETH… because it requires gas. (Too real.)
Exit Meme-o
What a week, folks! July 7th-11th, 2025, was a masterclass in crypto chaos, proving once again that this market is anything but boring. From a mysterious $8.6 billion whale making a grand entrance after a 14-year slumber to the wild pre-launch drama of Pump.fun’s PUMP token, the viral energy was off the charts.
But amidst the pumps and the laughs, we also saw the stark reality of sophisticated scams, reminding us to stay vigilant and never trust a “helpful” Reddit user who tells you to give up your keys. And through it all, the memes kept coming, perfectly encapsulating the highs, the lows, and the sheer absurdity of navigating this wild, wonderful world.
So, as we close the book on this week’s crypto carnival, remember: Revoke those shady approvals, keep snacks by the keyboard, and remember, in 2025, DYOR stands for “Did You Out-Rug?”
(Nothing here is financial advice—unless your strategy is collecting memes, in which case, you’re already rich.)
