News & Insights

Bitcoin’s major resistance is at $101.3K

Bitcoin’s major resistance is at $101.3K

Hot projects + Market overview

I. Mainstream exchange news

  • WOOFi has rolled out exclusive MNT token rewards for high-yield vaults on the Mantle Network, while WOO X has launched Test (TST) spot and perpetual contract trading.
  • OKX has launched IP (Story Protocol).
  • Coinbase International Station has launched IP (Story Protocol) on the pre-launch market.
  • Bybit will launch Story Protocol (IP) and DIAM/USDT spot trading pairs on February 12, while it has already introduced XDC/USDT and 10,000ELON/USDT perpetual contracts with up to 50x leverage.
  • Bitget has launched 10,000ELON/USDT perpetual contracts with up to 50x leverage and introduced Stool Prisondente (JAILSTOOL).
  • Modular blockchain Sophon has launched an AI Agency funding program, with a total scale of $5 million.
  • NYSE Arca, a subsidiary of the NYSE Group, has filed on behalf of crypto asset manager Grayscale to launch a spot Cardano exchange-traded fund (ETF). 
  • Sovereign L1 blockchain Story will launch its public mainnet on February 13, with IP claims and queries going live simultaneously.
  • Layer3 gaming network B3 has announced its tokenomics model: a total supply of 100 billion tokens, with 34.2% allocated to the community and ecosystem.
  • The Berachain Foundation has opened RFB and Social airdrop claims.
  • Ethereum co-founder Vitalik Buterin has transferred 70,000 USDC to the privacy protocol Railgun.
  • Decentralized AI model training platform FLock.io has launched the model interaction marketplace Moonbase.
  • According to the Financial Times, US endowment funds are increasing investment in cryptocurrencies.
  • The Free Republic of Liberland tweeted that LLD supports its blockchain and economy, including companies, stock markets, and a fully smart contract-based judiciary, with cross-chain integration with ETH, SOL, and upcoming support for TRON.

III. Funding news

  • Ethereum security platform Drosera has completed a $3.25 million funding round, led by Greenfield Capital.
  • Decentralized computing power monetization network NodeGo has completed a $8 million funding round, led by Hash Capital.
  • ZK digital identity project Holonym has spent $10 million to acquire Gitcoin Passport to expand its decentralized identity (DID) tools as part of the Human.tech suite.

IV. Regulatory news

  • Japan's Financial Services Agency is planning to lift the ban on Bitcoin on ETFs tracking crypto assets.
  • The State of North Carolina has proposed a strategic Bitcoin reserve bill.

Market overview 

Bitcoin oscillates around its 1-hour moving average (MA140) at $97,000. The key level to watch is whether it can break below this level. Major resistance lies at $101,300, corresponding to the 4-hour MA140.

As Bitcoin consolidates, several AI-related projects, having recently bottomed out, are beginning to show signs of recovery and warrant close attention.

Bitcoin's market dominance stands at 61.42%, with the TOTAL3 index, tracking altcoins, standing at $890 billion, indicating a rebound phase after recently hitting their lows.

HOOD: Robinhood concept

Inspired by the spirit of Robin Hood and the resilience of everyday people, the HOOD project envisions a decentralized future aimed at enabling financial independence for everyone, regardless of their livelihood or influence.

HOOD has a market cap of $35 million.

YNE: AI paper error correction

YesNoError is designed for large-scale auditing of scientific papers, detecting mathematical errors and data fabrication that threaten scientific integrity.

The YNE token enables users to request priority reviews of specific papers, crucial for maintaining the reliability of scientific research.

After a drop of over 70% from its peak, the token has quickly rebounded, with a current market cap of $38.54 million.

VERTAI: AI concept project

Vertical is a purpose-built ecosystem that allows everyone to participate in customizing AI models.

It is developing a set of tools that enable people of various skill levels to start customizing without needing extensive resources or coding expertise.

VERTAI has a market cap of $32.94 million.

REI: Base ecosystem AI project

Unit 00, an AI project built on Base, enhances the REI network with three innovative products: Oracle Bridge, ERCData, and Memory Systems.

These tools extend beyond the limitations of traditional blockchains while preserving their core properties.

The REI token represents access to the network's SDK/APIs and enables users to deploy their own agents in the future, with a market cap of $33.07 million.

KOMA: BSC ecosystem meme

Koma, a dog-themed memecoin within the BSC ecosystem claims to be the "son of SHIB".

With a total supply of one billion tokens, it has 41,800 holders and on-chain liquidity of $2.2 million.

Recently, the token has seen growth, bolstered by CZ's ongoing support of the BSC ecosystem, leading to a market cap of $32 million.

FLAY: Token launch platform

FLAY, or flaunch, is a platform for buying, selling, and launching memecoins, where 100% of transaction fees go towards creators and buybacks.

Supported by Uniswap V4, each token launched through flaunch allocates at least 20% of its revenues to the community, with the potential to reach up to 100%. These funds are used for automated price protection mechanisms.

The market cap of FLAY is $44 million.

On-chain daily

1. NEZHA

NEZHA is a memecoin on Solana, inspired by the movie "Nezha", which gained attention due to its historic box office performance.

2. BID

BID is an AI Agent token on BNB Chain, designed as an AI Agent Launchpad, and has partnered closely with TAO and io.net at the end of last year.

3. GFM

GFM is a memecoin on Solana, aiming to challenge Pump.Fun by distributing all platform fees to stakers. Currently, 3,900 addresses are participating in staking.

4. SSE

SSE is a platform that tracks social blockchain data, providing automated trading tools and insights, aimed at unifying user identities across platforms.

5. VVV

VVV is an AI Agent token on Base, enabling AI agents and developers to access private, uncensored inference keys through the Venice API, without paying per request. Stakers control inference capacity and earn profits through the API.

6. WOULD

WOULD is a memecoin on Solana, centered around the concept of gaining Elon Musk's favor, with two tweets mentioning it.

AI agent market overview

  • Number of listed tokens:  95  (2 new addition today)
  • Overall market cap change: The total market cap is $4.89 billion, with a daily decrease of -8%.
  • Overall trading volume change: 24-hour trading volume is $483 million, with a daily increase of +10%.

Top 3 tokens by AI Agent Mindshare

1. AIXBT: AIXBT is an AI memecoin on Base, issued by Virtuals Protocol. Its concept is an AI cryptocurrency investment advisor, claiming to be trained on data from over 400 KOLs. By simply entering the coin's tag "aixbt" on Twitter, it can answer questions about that coin.

  • Mindshare Share: 9.87%
  • Three-Day Mindshare Change: +14.6%
  • Current Price: $0.277
  • Market Cap: $277M
  • 24-Hour Change: +21%

2. FARTCOIN: FARTCOIN is an AI memecoin on Solana, considered the beta version of GOAT. This is because Truth Terminal's original mission was to tell fart jokes, making it a purer form of a memecoin.

  • Mindshare Share: 9.18%
  • Three-Day Mindshare Change: +43.7%
  • Current Price: $0.629
  • Market Cap: $629M
  • 24-Hour Change: +26%

3. BNKR: BNKR is an AI agent token on Base that uses natural language to easily buy, sell, exchange, place limit orders, and manage wallets. Interaction with BNKR can be done through Twitter, Farcaster, or the Bankr private terminal.

  • Mindshare Share: 3.83%
  • Current Price: $0.000167
  • Market Cap: $16.7M
  • 24-Hour Change: +15.8%

Data sourced from https://www.cookie.fun.

Top 3 tokens by 24-hour holder growth

1. NFTXBT: NFTXBT is an AI Agent token on Base, issued by Virtuals Protocols. It is the NFT version of AIXBT but developed by a different team.

2. AIXBT: AIXBT is an AI memecoin on Base, issued by Virtuals Protocol. It is designed as an AI cryptocurrency investment advisor, claiming to be trained on data from over 400 KOLs. Users can tag "aixbt" on X to receive answers about the token.

3. AI16Z: AI16Z is a decentralized AI trading fund built on Solana. It utilizes AI-driven analysis of on-chain and off-chain data for token trading.

Data sourced from: https://www.sentient.market/

Bitcoin ecosystem overview

BTC Mainnet Gas Fee Update: 

  • The current BTC transaction fee is 2 satoshis/byte. 
  • Gas fee performance remains weak.

Fractal Bitcoin Gas Fee Update: 

  • The transaction fee is 1 satoshi/byte. 
  • Gas fee performance remains weak.

Inscription, Rune, and Fractal Bitcoin Leading Token Tracking:

ORDI: 

  • Current price: $13.84
  • 24-hour change: +12.58%
  • Market cap: $292.23 million

DOG: 

  • Current price: $0.0031
  • 24-hour change: +0.52%
  • Market cap: $316.49 million

FB: 

  • Current price: $1.35
  • 24-hour change: +0.8%
  • Market cap: $16.61 million

Today's Popular Projects:

pizza: A project themed around Bitcoin Pizza Day. 

  • Market cap: $16.9M
  • 24-hour trading volume: $2.61K
  • 24-hour change: +8.77%
  • Number of holders: 81,023

DOGEFB: A Doge-based fractal Bitcoin inscription. 

  • Market cap: $150.88K
  • 24-hour trading volume: $8.33K
  • 24-hour change: +1.26%
  • Number of holders: 10,171,462

PUPS•WORLD•PEACE: A Bitcoin puppet, derived from O.P.I.U.M. 

  • Market cap: $43.71M
  • 24-hour trading volume: $41.98K
  • 24-hour change: +9.02%
  • Number of holders: 13,065

Performances of today's top three tracks

AI: Overall Daily Sector Change: +10.87%

1. AVA: An AI memecoin, representing digital parasites.

  • Current Price: $0.04996
  • Daily Increase: +65.04%
  • Market Cap: $49.95M
  • 24-Hour Trading Volume: $47.6M
  • Recent Updates: None

2. COOKIE: Building a MarketingFi platform.

  • Current Price: $0.2426
  • Daily Increase: +55.71%
  • Market Cap: $88.03M
  • 24-Hour Trading Volume: $212.29M
  • Recent Updates: None

3. SHOGGOTH: A Cthulhu-style octopus memecoin on Solana, inspired by a fictional creature in Cthulhu mythology. The community now interprets the image as a metaphor for the potential risks of AI.

  • Current Price: $0.01473
  • Daily Increase: +46.13%
  • Market Cap: $14.73M
  • 24-Hour Trading Volume: $4.58M
  • Recent Updates: None

DePIN: Overall Daily Sector Change: +8.80%

1. HNT: A decentralized wireless hotspot network providing public, remote wireless coverage for LoRaWAN-enabled IoT devices.

  • Current Price: $3.993
  • Daily Increase: +19.59%
  • Market Cap: $708.34M
  • 24-Hour Trading Volume: $8.24M
  • Recent Updates: None

2. TFUEL: The operational token of Theta Network, a blockchain protocol designed to decentralize video streaming by incentivizing network participants and improving transmission efficiency.

  • Current Price: $0.053
  • Daily Increase: +18.32%
  • Market Cap: $362.58M
  • 24-Hour Trading Volume: $38.23M
  • Recent Updates: Modified the fraud filter and relaunched.

3. STORJ: An open-source platform offering end-to-end encrypted cloud storage services via blockchain.

  • Current Price: $0.3554
  • Daily Increase: +44.69%
  • Market Cap: $51.1M
  • 24-Hour Trading Volume: $17.52M
  • Recent Updates: Sponsored the "Press Start AI Agent Ship-a-Thon" AI agent creation event.

DeFi: Overall Daily Sector Change: +8.20%

1. LISTA: Lista (LISTA) is the second project on the Binance Megadrop platform, offering early access before its official launch on Binance.

  • Current Price: $0.2728
  • Daily Increase: +59.25%
  • Market Cap: $47.12M
  • 24-Hour Trading Volume: $127.11M
  • Recent Updates: None

2. SWELL: A non-custodial Ethereum staking protocol.

  • Current Price: $0.0168
  • Daily Increase: +49.69%
  • Market Cap: $34.52M
  • 24-Hour Trading Volume: $68.67M
  • Recent Updates: Integrated into Gate.io

3. BUZZ: An innovative decentralized finance (DeFi) platform based on the Solana blockchain. It brings together network-specific agents that can collaborate to execute complex on-chain tasks.

  • Current Price: $0.0322
  • Daily Increase: +27.02%
  • Market Cap: $32.2M
  • 24-Hour Trading Volume: $30.09M
  • Recent Updates: None

Disclaimer

The development and market cap of stablecoins mentioned in the above content are speculative and based on market analysis at the time of writing and should not be interpreted as guaranteed outcomes. Market conditions can fluctuate widely and unpredictably due to numerous factors such as regulatory changes, market demand, and global economic developments. 

The information provided in this article is for general informational purposes only and does not constitute financial, investment, legal, or professional advice of any kind. While we have made every effort to ensure that the information contained herein is accurate and up-to-date, we make no guarantees as to its completeness or accuracy. The content is based on information available during writing and may be subject to change.

Please note that this article includes references to third-party websites and data provided solely for convenience and informational purposes. We do not endorse or assume any responsibility for the content, accuracy, or reliability of any information, products, or services offered by third parties.

Cryptocurrencies involve significant risk and are NOT suitable for the majority of investors. The value of digital currencies can be extremely volatile, and you should carefully consider your investment objectives, level of experience, and risk appetite before participating in any staking or investment activities.

We strongly recommend that you seek independent advice from a qualified professional before making any investment or financial decisions related to cryptocurrencies. We shall in NO case be liable for any loss or damage arising directly or indirectly from the use of or reliance on the information contained in this article.

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