Here's a recap from CoinGecko's Q1 2025 Crypto Industry Report:
š Total market cap plummets Dropped 18.6% to $2.8 trillion. Average daily trading volume fell 27.3% to $146.0 billion. š Bitcoin consolidates dominance Increased dominance to 59.1%, highest since Q1 2021. Bitcoin price fell 11.8% to $82,514. š Ethereum severely weakened Price fell from $3,336 to $1,805. Dominance drops to 7.9%, lowest since late 2019.
š Bitcoin performance vs. other assets Bitcoin down 11.8%, underperforming gold (up 18.0%).
NASDAQ down 10.3%, S&P 500 down 4.4%.
š„ The meme coin boom and bust Meme coin activity spikes with 72,000 tokens/day on Pump.fun.
After LIBRA rug pull, activity drops 56.3% to 31,000 tokens/day.
š Solana leads on-chain DEX trading Accounting for 39.6% of total DEX trading volume. Market share peaked at 52% in January. š Total value locked (TVL) in DeFi drops significantly Down 27.5% to $128.6 billion. Ethereum loses 35.4% of TVL, down to 56.6% dominance.
Conclusion: Q1 2025 is a bear market for the crypto market. Bitcoin is holding strong, while Ethereum and altcoins suffer heavy losses, meme coins plummet. Investors are turning to stablecoins and gold. šš°
$BTC Just started playing from the beginning of April. Except for a few slightly reckless moments in the first few days, I've started to get used to the pace of this game and feel somewhat satisfied with the results achieved. In my opinion, it's better to play slowly and steadily. $1 is money, $10 is money, $50 a day is also money. Greed leads to death.
Let's follow the journey of 20 days of self-discipline. Guys, stay tuned Goal 100$ daily target 2-4$ capital 5$ I can do it if I maintain self-discipline.
š¦ Which projects will benefit from the Stablecoin trend?
From this point on, one thing is clear: Stablecoins will grow exponentially.
šµ The majority of users will use stablecoins for two main purposes:
- Near-instant cross-border remittances at extremely low costs.
- Investing in attractive yield opportunities from DeFi and real assets (RWA).
So, who will be the biggest beneficiaries of this trend?
šEthena Finance: A protocol that issues its own stablecoin, currently offering yields of over 10% - attracting a strong flow of capital looking for passive income.
šLending protocols such as Aave, Fluid: Providing stablecoin depositors with a high level of transparency and security.
šCurve Finance: Contributes to increasing liquidity on DEX for stablecoins - an extremely important factor for stablecoins to operate effectively.
šOndo Finance: Issues stablecoins backed by US government bonds, attracting users who need stability and safety.
šMaple Finance: Connects stablecoins to the private credit market, opening up higher profit opportunities through corporate loans.
šEthereum: Blockchain provides an economic security layer and a settlement layer for stablecoin operations - playing the role of core infrastructure.
In short, stablecoins are not just "stable digital currencies", but are gradually becoming the central asset class of crypto, connecting global cash flows with DeFi, RWA and new financial models.
Raydium Launches LaunchLab ā Counterattack or Strategic Move?
I wonder if you guys still remember that at the end of February, Pump(.)fun quietly launched an AMM when the relationship with Raydium was no longer happy 𤣠Before, Pumpfun still relied on Raydium to provide liquidity for meme tokens on Solana But the project seemed to want to be "independent", when testing a separate AMM, wanting to gain control of liquidity. But checking onchain at that time, Raydium probably didn't need Pumpfun because only 1.4% of tokens from Pumpfun were transferred to Ray
This will be an article for those of you who have little capital in the crypto market, if you want to survive this difficult period, you should read...
- Let's be honest with each other that this season the market is extremely difficult to play, the recovery time is only a few months and the downtrend time is a whole year... altcoins are divided many times...
- The good news that we expected before is not enough to have an altcoin season such as: Bitcoin Halving, BTC ETF, ETH ETF, Donald Trump was elected president...
- Altcoins can only be pumped in a few like memes, AI and of course only a small part wins while most of the participants lose, technology coins after being listed on the exchange, developers compete to sell off...
- Now it's almost the end of Quarter I, and Quarter I is the quarter that the market expects to be the greenest, but mentioning it again only adds to the sadness...
- As for Quarter II, which will fall in April, May, June, according to history, it will be very difficult months for the market hard
- I still believe that altcoins will recover, but not now...
- If we are flexible, maybe it will be in Q3 when the market will be more stable... so for those with little capital, now is the time to preserve capital, the time to survive...
- It is not the time to make money, and it is not the time to go all-in or borrow money to invest in coins... that shows more impatience and loss of composure, and the consequences are even worse...
- Everyone hopes that the altcoin season will come, but the reality is that the market is very bad... those who are lucky enough to read it, if not, quietly ignore it.
To get rich from crypto, you must master 2 factors:
Source: @XtineFang - Managing Partner PSE Trading
Timing and Size
In the crypto market, making big profits is not simply about choosing the right project, but more importantly, it is about being at the right time (Timing) and betting with the right size (Size).
1. Timing ā If you enter the order too early, you are considered wrong
Investing too early is no different from investing wrongly, because the market may not be ready and you may lose money or have to wait a long time to make a profit. Some typical examples:
šZhu Su (3AC) was too optimistic too soon: Three Arrows Capital (3AC) collapsed in June 2022 after misjudging the momentum of the market cycle. They thought the market would continue to rise, but in reality it was a prolonged recession.
šStanley Druckenmiller bought tech stocks at the peak of the dotcom bubble: He was right about the long-term potential of the tech industry, but because of the wrong timing, he still lost money or underperformed.
2. Size ā If you bet right but too small, you still wonāt get rich
Even if you choose the right asset to invest in, if you bet too small, you still wonāt make a significant profit. Some real-life examples:
šThe CIO of a large crypto fund once shilled SOL at $15-$20, but the fund only returned 1.7x to LPs due to the small position size, while large order takers multiplied their accounts dozens of times.
šMany retail investors only put 1% of their assets into crypto in 2019: Even though they were right about the market trend, because their bets were too small, they missed out on huge profits in the 2021 bull run.
Have you mastered both of these factors in this cycle?
If you are only good at picking projects but not good at timing, you will lose money. If you are good at timing but bet too small, you will not make much money.
$2 is almost the peak, I don't know when it will return to the peak, yet I advise those young people to sell early and they still blame me for being ignorant š
Mai Oanh 999
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Before listing the exchange, many people were encouraged to sell Pi at a black market price of $2.5/pi Some people commented and called me stupid.
Pi will drop to a price of 0.2-0.5 It will go sideways for a while before it rises. In my personal opinion, don't get angry.
Current market perspective and how does the $PI event affect the market? There are 2 factors to confirm the bullish market: 1. Macroeconomic stability 2. New cash floww Regarding the first factor, in the next 1-2 months, I think the macro will be stable, even somewhat positive. - The important unknown is the financial policies when Trump is elected, especially taxes. When Trump announced the imposition of taxes on Canada and Mexico, both US stocks and cryptos dumped hard. - But now this factor h
At this time, KOLs are not Twitter guys, floor owners, fund owners, but all PRESIDENT.
It was thought that Trump would be bullish for crypto, but the bullishness has not been seen yet, so the decision to launch the meme has created a very bad precedent for the whole market, when prominent figures in international politics can completely take advantage of their influence to influence memes like this.
Crypto is already lawless and lawless, now it's even more chaotic. Other products (genuine memes, tech alt coins,...) will NOT have a chance to rise when every few days a president in some goddamn poor country takes over memes, draining market liquidity.
According to Wu blockchain, after OKX announced the listing of the PI token, which is controversial about the Ponzi model in China, on spot trading, Bybit's CEO publicly refused to list this token.
Ethereum is still quite bullish (in my opinion) 2 viral ETH FUD posts on X
1/ There are a lot of ETH Short positions, including Wall Street Hedge Funds, which has caused negative sentiment in the market.
2/ Andre Cronje FUD Base dumped ETH heavily from sequencing fees. Simply put, all sequencing fees from Base (except for the payment to Ethereum) will be transferred to Coinbase. However, after the financial audit, Coinbase's balance sheet increased very little ETH compared to Base's revenue.
In fact, the above 2 issues are not worth FUD
1/ The ETH Short position is due to these funds only being delta neutral, not a bearish signal. There are currently about 10,000 ETH long contracts on CME, each contract representing 50 ETH. This is equivalent to about $1 billion worth of ETH longs, accounting for about 1/10 of the total Open Interest (OI) of ETH on the market. The most shorted ETH was in November 2022 when the FTX exchange collapsed.
2/ Base is essentially a product without a token, so most of its revenue comes from sequencing fees with a margin of 90%. But to have a strong ecosystem, Base will also need money to pay for community and ecosystem building activities, as well as employee salaries. So selling ETH into USDC is quite normal.
Not only is it not bearish, but it is also bullish
1/ ETH ETF cash flow has increased continuously in the recent period, proving that buyers from the US have accepted to buy ETH at the current price. In the past three weeks, ETH has attracted more than $ 2 billion, including a record cash flow of $ 854 million in one week from Wall Street, the highest level ever.
2/ Trump's family continuously shills and buys ETH, before that, there was also FUD about World Liberty transferring ETH to the exchange, but the project also confirmed that it was only an operational activity.
3/ Vitalik has also committed to improving technology for ETH in the next phase.