The crypto market experienced a significant downturn on Monday, February 3rd. This downturn was triggered by aggressive trade tariffs, leading to widespread panic selling and the largest liquidation event of the year. The sell-off resulted in a substantial loss of $400 billion from the total crypto market capitalization. This triggered liquidations that were more severe than those seen during the COVID-19 crisis and the FTX collapse. Over $2.2 billion in leveraged positions were wiped out within hours, causing significant disruption and concern within the cryptocurrency industry.
Reason for Such aggressive policy?,š¤š¤
President Donald Trump says he will impose his tariffs over the weekend, gambling that taxing American companies for imported goods will ultimately punish the countries that make stuff Americans want ā and bring those nations to the negotiating table. But itās a risky bet that could easily backfire on American consumers and the economy.
In the United States, tariffs typically serve a limited but important purpose: They are intended to grow Americaās economy by incentivizing the purchase of made-in-the-USA goods. They accomplish that by effectively penalizing American companies that buy foreign goods with high taxes.
Economists largely believe that, in limited circumstances, tariffs can be effective tools for economic growth. But Trump believes that tariffs have an altogether different purpose. #Write2Earn #marketcrash #trump
3 Bullish Altcoins Predicted to Outshine Bitcoin (BTC) in February
1."TAO" Price Breaks Ou
The TAO price had fallen under a descending resistance trend line since October 2024. The trend line caused numerous rejections, the most recent in January 2025 (black icon). The rejection led to a low of āæ0.0034, briefly causing a breakdown below the āæ0.0037 horizontal support area, which has existed for over six months. However, the TAO price regained its footing shortly afterward (white icon) and reclaimed the support area. More importantly, it broke out from the resistance trend line, which had existed for 107 days at that point. bullish divergence in the Moving Average Convergence/Divergence (MACD) green preceded the breakout, increasing its legitimacy. If the upward movement continues, the next resistance will be at āæ0.0071, an increase of 65% from the current TAO price.
2."ONDO" Bounces at Support
Similarly to TAO, the ONDO price had fallen under a descending resistance trend line since Dec. 16, 2024. The downward movement led to a low of āæ0.000011, briefly causing a breakdown below the āæ0.000013 horizontal support area. However, the price showed resilience by bouncing (white icon) and reclaiming the horizontal area. Shortly afterward, ONDO broke out from the resistance trend line, confirming that the correction is over. The Relative Strength Index (RSI) and MACD legitimize this movement since the former crossed above 50, while the latter just moved above 0 after making a bullish cross. Both are considered positive signs. If the ONDO increase continues, the price can increase by another 20% and reach the āæ0.000018 horizontal resistance area
3."XMR" Creates Bullish Pattern
XMR price did not immediately begin an upward movement. Rather, it fell to its pre-breakout level and created a double bottom.which is considered a bullish pattern. If this is the case for XMR, the price can increase by 80% and possibly 170%, reaching the next closest resistances at āæ0.0038 and āæ0.0057.
The memecoin fund adds to Grayscaleās growing suite of single-asset crypto products Grayscale Investments has launched an investment fund for Dogecoin DOGE,$0.3166 the most popular memecoin by market cap, the asset manager said on Jan. 31. Grayscale Dogecoin Trust offers investors exposure to āthe native coin of the Dogecoin network, an open-source peer-to-peer digital currency originally derived from Litecoin, which itself originated from Bitcoin,ā Grayscale said. The trust is only available to institutional investors. Dogecoin operates on a proof-of-work (PoW) blockchain network similar to Bitcoinās but with less computationally intensive transaction verifications and no upper limit on the total DOGE supply āDogecoin has matured into a potentially powerful tool for promoting financial accessibility,ā Rayhaneh Sharif-Askary, Grayscaleās head of product and research, said in a statement.
"MIND of Pepe" ā The AI Agent Token to Keep You Informed
Youād agree that the crypto market can be overwhelming sometimes with so much information on new tokens, price falls, new trends, etc. As a result, many promising early token presales get lost in the information avalanche. Thankfully, MIND of Pepe addresses that as a newly released AI agent token.As an AI agent, MIND of Pepe will interact with influencers, platforms, and communities. These interactions will identify early, exclusive opportunities, drive emerging trends, and provide strategic investment insights. As a token holder, you can sit back and enjoy the foresight MIND of Pepe brings without getting overwhelmed with information you donāt need.
The $MIND token presale is up, and staking rewards are at an all-time high. You can buy $MIND directly in Best Wallet and stake them to participate in the staking rewards. If you want to buy from the presale website, simply connect your wallet to the site and make the purchase.
Your $MIND tokens will be available after the token generation event. However, you may view your balance from the buy widget when your wallet is connected to the MIND of Pepe website Token Symbol MIND Total Supply 100,000,101,001 Network Ethereum Payment Method ETH, BNB, and USDT #MindofPepe #Write2Earn #memecoinššš #ICO
Top 3 Digital Assets you Should own Moving Forward Into 2025
1.Aave Aave (AAVE), a leading money market protocol, is poised for recovery after sustaining almost sideways movement for most of 2024. From April to October, AAVE traded below $200. By November, the popular money market platform surged, eventually breaching the $300 mark The projectās 7-day price range found support at around $280, and market analysts are bullish on its short-term performance. Investorsā bullish sentiment on AAVE is backed by its RSI of 52, which indicates increased buying pr
DeepSeek is a Chinese AI company that has developed a series of large language models (LLMs). Two of their notable models are DeepSeek and DeepSeek R1. Here's a breakdown of their differences, types, and importance: DeepSeek: * Type: This is the foundation model, likely trained on a massive dataset of text and code. It serves as the base for other specialized models like DeepSeek R1. * Characteristics: While specific details may not be publicly available, it's expected to be a versatile LLM capable of various natural language processing tasks, including text generation, translation, and question answering. * Importance: It demonstrates DeepSeek's capabilities in developing large-scale AI models and provides a basis for further innovation in specialized models. DeepSeek R1: * Type: This is a specialized model built upon the DeepSeek foundation model. It's designed with a focus on reasoning capabilities. * Characteristics: DeepSeek R1 excels in tasks that require logical thinking, problem-solving, and step-by-step reasoning. It might be particularly good at tasks like mathematical reasoning, code generation, and complex question answering. * Importance: It showcases DeepSeek's approach to enhancing specific capabilities in LLMs, demonstrating that models can be tailored for particular domains or tasks. Key Differences: * Focus: DeepSeek is a general-purpose LLM, while DeepSeek R1 is specialized for reasoning#MicroStrategyAcquiresBTC tasks. * Performance: DeepSeek R1 is likely to outperform DeepSeek in tasks requiring strong reasoning abilities. * Applications: DeepSeek can be used for a wide range of NLP tasks, while DeepSeek R1 is more suitable for applications where logical thinking and problem-solving are crucial. Overall Importance: DeepSeek and DeepSeek R1 are important contributions to the field of LLMs. They highlight the following: * Advancements in AI: They demonstrate the rapid progress in developing large-scale AI models with increasing capabilities. #Write2Earn #Deepseek #DeepseekR1
5 Altcoins You Should Keep an Eye on in February 2025
1.Onyxcoin (XCN)
Onyxcoin has demonstrated impressive growth, surging from $0.002 to nearly $0.05 in recent monthsāa 20x increase. This momentum is attributed to partnerships with HTX Global and blockchain infrastructure platform Chain. Resolving a dispute with Tronās founder, Justin Sun, further bolstered market confidence. Additionally, the Onyx DAOās announcement of the Onyx XCN Ledger aims to enhance scalability, security, and efficiency. A community-driven token burn proposal could also impact supply dynamics.
2.Stacks (STX)
Stacks enable smart contracts and decentralized applications on the Bitcoin network. With Bitcoinās recent surge past $109,000, interest in Bitcoin Layer-2 solutions like Stacks is growing. Technically, STX is testing a critical support zone between $1.27 and $1.29. Integrating AI with Bitcoinās blockchain and introducing the Clarity programming language enhance its appeal.
3.Ondo (ONDO)
Ondo Finance has gained attention for its focus on tokenized real-world assets (RWAs). Key resistance levels lie at $1.77, $2.14, and beyond, with a potential move toward new highs. The RSI is rising and reflecting growing momentum but has not yet been overbought.
If ONDO holds above $1.50, it will likely continue toward $2.14 and higher. A breakdown below $1.36 would invalidate the bullish outlook, leading to a potential downside toward $1.17 or lower.
XRP Eyes $4 as Bullish Pennant Signals Major Breakout
XRP is ending January as the best-performing asset among the top 10 cryptos. In the last 30 days, its price has increased by nearly 50%, surpassing the gains Solana (SOL) registered within the same period.
Amid this performance, the altcoin attempted to mark a new all-time high. But it faced rejection as soon as it hit $3.29.
However, this rejection has led to the formation of a bullish pattern. Based on this analysis, XRPās price could hit multi-year highs if it breaks out of this pattern History Support XRP Incoming Surge On the daily chart, XRPās price has formed a bullish pennant. A bullish pennant is a pattern that indicates the continuation of a strong uptrend. It forms when the price surges higher, briefly consolidates within converging support and resistance and then resumes its rally.
As seen below, XRP formed this same pattern between Nov. 11, 2024, and Dec. 31.
The outcome of this pattern was a rally from a local low of $2.18 to $3.29 on Jan.20.
This price increase represents a 50% increase within one month. As of this writing, the token is consolidating between $3.01 and $3.28.
As the prices swing sideways, the Chaikin Money Flow (CMF) remains in positive territory, signaling strong accumulation.
The CMF tracks the capital flow into and out of an asset, helping to identify the level of accumulation and distribution. #Write2Earn #xrp
Solaxy Introducing A Faster Solana Layer 2 Solution
SolaxyĀ has taken the crypto industry by storm through its ingenious Solana Layer 2 blockchain.Ā The network boasts faster transaction speeds, more reliability against downtime, and even customizationsĀ for those who hope to develop on its chain. For improved accessibility, the token can be bought with ETH, USDT, or BNB on several wallets, including Best Wallet. The presale raised over $4 million in less than 2 weeks, making it one of the best crypto presales of 2025. Out of all the tokens sold within that period, over 1.2 billion found their way to the stake pool. The estimated annual rewards here were well over 1,000%, but that has decreased and will continue to decrease until the final token listing.
Speaking of listings, the $SOLX token will not only debut on centralized exchanges but will also be listed on decentralized exchanges. With listing and token claims done, the full deployment of Solaxy Layer 2 will come in phase three. Developers will then have the opportunity to start onboarding their dApps, including multi-chain integrations.
Solaxy isnāt just a token for crypto investors. It very much appeals to developers as well. Open a Best Wallet account today, and youāll be able to purchase $SOLX and many other tokens seamlessly. Token Symbol SOLX Total Supply 138,046,000,000 Network Solana #Write2Earn #solx #solaxy
WEPE is aĀ Wall Street PepeĀ meme coin on the Ethereum network that aims to create its own Wepe Army to avoid the dominance of whales in the cryptocurrency market. Additionally, users can join the strongĀ WEPE crypto community and start earning rewards for trading and staking.
š¤ TheĀ WEPE token holders can stake and tradeĀ $WEPEĀ not only to be part of the strong community, but also to get rewards. Find more details about token utilities in theĀ whitepaper.
The CoinLaunch team analyzedĀ WEPE cryptoĀ and identified some pros and cons to consider before participating in the project IDO:Ā
ā Ā WEPEĀ pros:Ā
Fancy website design; No tokens for a team and early backers, all to community; Has several Public Security Audit; Powerful PR performance; Growing Influencer Marketing Performance; Above the average SEO.
šĀ WEPEĀ cons:Ā High Initial Market CupĀ ($8.28M); High FDVĀ ($41.4M); Bad Growth Marketing; Weak Marketing Infrastructure and SMM;Ā Executive team is anonymous; Lack of reputable Tier 1 backers and partners #WEPE #ICO #memecoin
Panshibi (SHIBI): The Presale Launch That Can 100X Your Investment
The cryptocurrency market creates continuous new investment opportunities which draws astute investors who search for emerging big opportunities. Contrasting previous high-growth tokens,Ā Panshibi ($SHIBI)Ā has surfaced as a fresh leader seeking dominance within the altcoin market. The current ICO of $SHIBI presents investors with a revolutionary opportunity even as the platform brings cutting-edge capabilities and superior utility to the crypto sphere. $SHIBI stands beyond typical crypto as a disruptive token which simultaneously achieves scalability with real-world functionality. With next-gen status $SHIBI provides a decentralized system that allows blockchain technology to connect with real-world applications through its platform.
Practical utility remains $SHIBI's primary focus allowing its innovative ecosystem to stand out within the competitive market. The sustainable environmental design and profitability-focused base structure of Panshibi attracts investors who hunt for dependable expansion possibilities.
The blockchain-based platform of Panshibi motivates users to engage through reward systems that encourage active behavior which allows the ecosystem to achieve dynamic stability. The pre-release phase has quickly grown popular which confirms $SHIBI's place as a leading coin presale of 2025. #Shibi #Panshibi
Get Ready to Discover the Most Exciting Crypto ICOs!
We've got the scoop on the top 8 crypto ICOs that are making waves right now! Check them out:
1. Solaxy (SOLX): Revolutionizing Solana with a faster Layer 2 solution 2. MIND of Pepe (MIND): Your AI-powered token for staying informed 3. Best Wallet Token (BEST): Get exclusive early access to new presales 4. Meme Index (MEMEX): One token, multiple meme indexes at your fingertips 5. Wall Street Pepe (WEPE): Beat the market with expert trading insights and alpha calls 6. CatSlap (SLAP): A cat-tastic meme coin reaching for the stars 7. RoboCat (ROBOCAT): A standout meme coin with real-world launches and token rewards 8. MooShot (MOOSHOT): Stake, play, trade, and earn rewards in a whole new way!
DeepSeek is a Chinese AI company making waves with its efficient AI models. These models require less computing power, potentially democratizing AI access. DeepSeek's emergence challenges established tech giants and has wide-ranging applications in healthcare, finance, education, and manufacturing. While still early stage, DeepSeek's impact on the AI landscape is significant. Unfortunately, you cannot currently buy shares of DeepSeek. It is a privately held company, meaning its stock is not available on public exchanges. This is common for many startups, especially in their early growth phases. However, there are a few ways to potentially gain exposure to DeepSeek in the future: * Monitor for an IPO: Keep an eye on financial news for any announcements about DeepSeek going public (Initial Public Offering). If they do, you'll be able to buy shares on the stock exchange where they list. * Invest in related companies: Research companies that are involved in similar AI technology or that may partner with DeepSeek in the future. Investing in these companies could indirectly give you some exposure to DeepSeek's advancements. * Follow industry trends: Stay informed about the AI industry and DeepSeek's progress. This will help you understand the company's potential and make informed decisions if investment opportunities arise. Important Note: Investing in any company, including those related to AI, involves risks. Always do your own research and consider your investment goals and risk tolerance before making any investment decisions. #Deepseekimpact
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