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Daily Brief

August's Most Chaotic Altcoins

Welcome back to the Citizen Daily Brief. It's been a wild month for tokens.
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Aug 21, 20253 min read
August's Most Chaotic Altcoins
Published on August 21, 2025
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NEED TO KNOW
Wallet Coins
  1. 🦊 MetaMask Confirms Stablecoin Plans. The wallet’s mUSD stablecoin will debut on Ethereum and Linea later this year.
  2. 👻 Aave Expands Beyond EVM With Aptos Launch. The DeFi giant’s first non-EVM deployment supports USDC, USDT, APT, and sUSDe on Aptos.
  3. 🤑 Kanye-Linked Memecoin YZY Money Takes Crypto Twitter by Storm. The Ye-linked Solana memecoin spiked, then crashed below $1.
📸
Daily Market Snapshot: Markets continued to slip Thursday as traders anxiously waited for monetary policy signal Friday from The Fed's annual economic symposium in Jackson Hole.
Prices as of 3pm ET 24hr 7d
Crypto $3.83T ↘ 0.9% ↘ 4.3%
BTC $112,646 ↘ 0.9% ↘ 4.7%
ETH $4,267 ↘ 0.7% ↘ 6.1%
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CHEAT SHEET
Fundamentals & Flows

Once a week, Citizens get access to the top Market Plays, Hot Reads, Farming Opps, and Airdrop Hunts that our analyst team is tracking! Don't miss out! 👇

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PLAY OF THE WEEK
August's Most Chaotic Altcoins
Bankless Analyst: Jack Inabinet

Crypto markets thrive on chaos, and this month has been no exception! July’s high-fliers became August’s rejects as new narratives flipped the script and traders rotated into fresher manias.

Whether you’re hunting the next moonshot or dodging the next rug, these five tokens that have defined August will be worth paying attention to in the month ahead. Today, we’re diving into the biggest winners, the hardest losers, and the wild catalysts behind this month’s most explosive altcoin stories. 👇

Pro tip: view analyst ratings for these tokens in the Bankless Token Hub!


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EARLY ACCESS
The Institutional Crypto Cycle

Eric Peters, CIO of Coinbase Asset Management, joins Ryan to chart how crypto matured to today’s institutional market with deep liquidity, ETF rails, and stablecoin clarity.

They unpack why Wall Street is leaning in, why the next wave is digitally native issuance of treasuries, bonds, and equities on Ethereum, and how macro tailwinds (fiscal dominance, Fed-Treasury convergence, AI-driven productivity) intersect with crypto’s reflexivity.

Risks and realities aren’t ignored—over-financialized “treasury companies,” security lapses, and policy whiplash—plus a 12–18 month roadmap of real on-chain use cases as pensions and sovereigns start arriving.

Listen to the full episode (early access for paying subscribers only!)👇

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.