BTC could retest low of $91K

BTC could retest low of $91K

Hot projects + Market overview

I. Mainstream exchange news

  • WOO X has listed the BERA/USDT perpetual contract with up to 20x leverage.
  • Coinbase International will list the PENGU/USDT, POPCAT/USDT, and HNT/USDT perpetual contracts on February 13.
  • Bitget has launched the BERA/USDT perpetual contract with up to 75x leverage, while Bitget Wallet has supported the Berachain mainnet, allowing users to claim airdrops for additional BERA rewards.
  • Bybit has registered with the Indian Financial Intelligence Unit (FIU-IND) and listed the BERA/USDT perpetual contract with up to 75x leverage and Avalon (AVL).
  • Binance has added Berachain (BERA) on Earn, Buy Crypto, Convert, Margin & Futures.
  • OKX has listed the Berachain (BERA) token for spot trading.

II. Mainstream projects and trending events

  • Asset management firm Franklin Templeton is seeking regulatory approval to launch a new cryptocurrency index ETF.
  • Stock exchange Cboe BZX Exchange has submitted a 19b-4 document on behalf of Bitwise, 21Shares, and Canary Capital to apply for the listing and trading of XRP spot ETFs.
  • Solana's staking platform Solayer has revealed tokenomics of its governance token LAYER, with 14% allocated for community activities and incentives.
  • Tornado Cash developer Alexey Pertsev tweeted that a Dutch court had agreed to suspend his pre-trial detention under electronic monitoring conditions. Ethereum co-founder Vitalik Buterin retweeted the news, expressing his support.
  • TON Foundation Chairman Manuel Stotz is planning to expand TON to the US to cater to Donald Trump's anticipated pro-crypto policies and promote retail user adoption.
  • Liquid staking solution Lido has launched its V3 version.
  • Grayscale Bitcoin Trust has reached $4 billion in assets under management.
  • Bloomberg Senior ETF Analyst Eric Balchunas has stated that Donald Trump will launch Bitcoin Plus ETF, becoming the first US president to issue an ETF.
  • Decentralized finance platform Ondo Finance has launched the L1 blockchain Ondo Chain.
  • Consumer-grade public chain Morph integrates OKX Wallet.
  • Donald Trump’s media company has registered TRUTH.FI trademark for Bitcoin-related investment products.
  • Cryptocurrency firm Tether has partnered with UAE real estate B2B platform Reelly Tech to promote USDT, while Tether CEO Paolo Ardoino dismissed rumors about the company launching its own blockchain.
  • Berachain, an EVM-compatible L1 blockchain, has launched its mainnet, with the Bera NFT airdrop now available for claim.
  • Business intelligence and analytics software firm Strategy's new convertible preferred stock Strike (STRK) has been listed on the Nasdaq.
  • Bitcoin application layer solution Rooch Network has launched a Swap feature, supporting the exchange of RGAS and GROW tokens. 
  • Decentralized AI model training platform FLock.io will collaborate with the AI data platform Pundi AI to conduct AI agent training.
  • Classic memecoin on Solana, BONK, has released a proposal from its community to destroy 20.25 trillion tokens to celebrate the BONKdragon event and the new year.
  • Lingkong Games has issued an official statement addressing rumors regarding Oneness Labs' acquisition of shares in the developer of "Showa American Story" and the launch of the SHOWA cryptocurrency. 

III. Funding news

  • Non-custodial Bitcoin trading platform Flashnet has completed a $4.5 million seed funding round participated in by Soma Capital.
  • Web3 infrastructure service provider Balance.Fun has announced that its Key Node program has accumulated sales of over $80 million, with a cumulative funding of $110 million.
  • Cryptocurrency payment company Alchemy Pay has invested in the South Korean electronic financial platform EZPG Co., Ltd., and has obtained the electronic financial business registration qualification regulated by the Financial Supervisory Service (FSS) of South Korea.
  • NEAR Foundation has launched the NEAR AI Agent Fund, an artificial intelligence agent fund that will deploy $20 million in liquid funds on-chain.

IV. Regulatory news

  • Satoshi Action Fund founder and CEO Dennis Porter has stated that the ‘Strategic Bitcoin Reserve’ bill has officially passed the House in the state of Utah.
  • Donald Trump's administration has agreed to temporarily limit the Department of Government Efficiency's access to the Treasury payment system.

V. Popular projects

​​Market overview

Bitcoin continues its weak oscillation around $97,000, with potential retesting of the recent low at $91,231. Resistance near $102,000 could lead to revisiting previous highs if stably surpassed.

Bitcoin's market dominance has risen to 61.83%, indicating ongoing weakness in altcoins as they lose ground to Bitcoin.

The TOTAL3 index, which tracks altcoin performance, has declined further to about $865.8 billion, with crucial support near $800 billion, marking the midpoint of the recent rise.

FPIBANK: Ton ecosystem meme

FPI BANK is a payment meme project built on Ton, characterized by its humorous and satirical presentation. It emphasizes its role as a meme-driven financial ecosystem.

The current market cap of the FPIBANK token is $41 million.

AVT: Recent token surge

Aventus Network is a private blockchain based on Substrate, offering scalable, secure, and cost-effective solutions for businesses, with Ethereum interoperability and Polkadot parachain integration features.

The token has a market cap of $27.36 million.

OSOL: AI concept project

The OSOL AI Index, pioneering in capturing the emerging AI ecosystem on Solana, offers a simplified way to engage with the sector by providing diversified exposure to Solana's top 100 AI-related digital assets.

This includes AI infrastructure, agent protocols, and AI memes. OSOL simplifies the complexities involved in purchasing, storing, and securing tokens.

OSOL has a market cap of $70 million.

LMT: AI automation task execution

Limitus is a voice-driven automation platform that simplifies managing financial operations, executing daily tasks, and retrieving real-time insights, all while ensuring data privacy and security.

It supports multiple blockchains with wallets like MetaMask, Phantom, and Solflare, enabling seamless cross-chain operations and automated transactions.

Limitus can autonomously perform tasks such as market analysis, report generation, notification delivery, and complex multi-step workflows, including booking flights and transferring assets, all through simple voice commands.

LMT has a market cap of $52.8 million.

MEOW: Solana ecosystem meme

MEOW, created by programmer Alex, aims to support animal welfare through token staking and charity collaborations, rewarding the community.

The memecoin features a kitten, which resonates well within the community, contributing to its market cap of $500 million.

On-chain daily

1. TST

TST is a memecoin on BNB Chain, originally created as an educational token for a four.meme tutorial video. Yesterday, CZ mentioned TST in a tweet, and notably, five minutes before his post, smart money purchased $35,000 worth of TST.

2. FRIC

FRIC is a memecoin on Solana, featuring a cute frog mascot created by South Korean illustrator Dric. The artist has 660K Instagram followers, and the token has already completed CTO.

3. TMC

TMC is an AI Agent token on Solana, initiated by @traviscline as a crowdfunded AI tool experiment. The token has been locked, and TMC is an AI engineer with 1,500 followers and 788 stars on GitHub.

4. NEUR

NEUR is an AI Agent token on Solana, designed as an open-source, full-stack application that integrates LLM models and blockchain technology. It enables seamless interaction with DeFi protocols, NFTs, and more.

5. HYPERSKIDS

HYPERSKIDS is a charity-focused memecoin on Solana, aiming to improve the lives of vulnerable children by providing food, education, and opportunities. Investors earn passive income through staking, while part of the funds directly support children in Uganda. The project has 6M Instagram followers.

6. AESOP

AESOP is an AI Agent token on Solana, designed as an operating system for AI developers. It aims to make AI smarter and more autonomous, equipping it with real-world task execution capabilities. The project was developed by OpenAI engineers.

AI agent market overview

  • Number of listed tokens:  93 
  • Overall market cap change: The total market cap is $53.3 billion, with a daily decrease of -18%.
  • Overall trading volume change: 24-hour trading volume is $439 million, with a daily increase of +1.5%.

Top 3 tokens by AI Agent Mindshare

1. 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: 8.43%
  • Three-Day Mindshare Change: -42.13%
  • Current Price: $0.463
  • Market Cap: $463M
  • 24-Hour Change: -9.6%

2. AIXBT: AIXBT is an AI memecoin on Base issued by Virtuals Protocol, designed as an AI cryptocurrency investment advisor. It claims to be trained on data from over 400 KOLs and can answer questions about the coin when the tag "aixbt" is used on X.

  • Mindshare Share: 7.44%
  • Three-Day Mindshare Change: -23.9%
  • Current Price: $0.26
  • Market Cap: $260M
  • 24-Hour Change: -14%

3. HENLO: Henlo is an AI agent launched by @onchaingaias. It currently features a kart racing mini-game on Telegram, with 97,000 monthly users. The token is built within the Base ecosystem.

  • Mindshare Share: 6.42%
  • Current Price: $0.00000018 (6 zeros)
  • Market Cap: $36M
  • 24-Hour Change: +16%

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

Top 3 tokens by 24-hour holder growth

1. REI: REI is an AI Agent token on Base that primarily explores the implementation of neural networks on-chain. Its architecture allows it to reconstruct complete market analyses from partial information and establish connections between different historical market events.

2. AIXBT: AIXBT is an AI memecoin on Base issued by Virtuals Protocol, designed as an AI cryptocurrency investment advisor. It claims to be trained on data from over 400 KOLs and can answer questions about the coin when the tag "aixbt" is used on X.

3. LUNA: LUNA is an AI memecoin on Base and the first AI agent robot created by Virtuals Protocol. Its persona is a virtual electronic girl (Vtuber) who can livestream and receive tipping donations.

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: $11.36
  • 24-Hour Change: -7.82%
  • Market Cap: $238.5 million

DOG

  • Current Price: $0.0029
  • 24-Hour Change: +2.58%
  • Market Cap: $291.03 million

FB

  • Current Price: $1.26
  • 24-Hour Change: -2.37%
  • Market Cap: $15.21 million

Today's Popular Projects:

𝛑: The leading project in symbol inscriptions.

  • Market Cap: $328.15 million
  • 24-Hour Trading Volume: $2.23 million
  • 24-Hour Change: +40.81%
  • Number of Holders: 98,528

DOGEFB: A Doge-based fractal Bitcoin inscription.

  • Market Cap: $79.54K
  • 24-Hour Trading Volume: $8.33K
  • 24-Hour Change: -1.26%
  • Number of Holders: 10,171,464

GIZMO•IMAGINARY•KITTEN: A kitten character from a puppet IP.

  • Market Cap: $14.89 million
  • 24-Hour Trading Volume: $15.42K
  • 24-Hour Change: +10.98%
  • Number of Holders: 8,483

Performances of today's top three tracks

RWA: Overall Daily Sector Change: +0.05%

1. PRO: Propy is a blockchain-based real estate platform that enables buying and selling homes using cryptocurrency and NFTs. With Propy’s suite, users can automate all transaction components, from electronic signatures to payments, in a secure and user-friendly solution.

  • Current Price: $0.968
  • Daily Increase: +2.86%
  • Market Cap: $56.04M
  • 24-Hour Trading Volume: $3.22M
  • Recent Updates: None

2. ONDO: A decentralized institutional-grade financial protocol focused on enhancing the security, efficiency, and accessibility of financial services through on-chain institutional-grade products.

  • Current Price: $1.3805
  • Daily Increase: +2.17%
  • Market Cap: $4.36B
  • 24-Hour Trading Volume: $516.02M
  • Recent Updates: None

3. PENDLE: Pendle Finance is a yield-trading protocol that allows users to tokenize and trade future yield by leveraging top yield-generating protocols like Aave, Compound, and Wonderland.

  • Current Price: $3.023
  • Daily Increase: +0.43%
  • Market Cap: $497.42M
  • 24-Hour Trading Volume: $111.53M
  • Recent Updates: None

CeFi: Overall Daily Sector Change: -0.12%

1. CHO: Choise.com is a MetaFi (CeFi/DeFi) ecosystem designed to simplify the use of DeFi products.

  • Current Price: $0.01248
  • Daily Increase: +10.15%
  • Market Cap: $1.37M
  • 24-Hour Trading Volume: $1.72M
  • Recent Updates: None

2. ASD: Launched in 2018, AscendEX is a full-stack cryptocurrency exchange built by Wall Street investors, providing investment, trading, and yield solutions to help users maximize portfolio returns.

  • Current Price: $0.03113
  • Daily Increase: +6.98%
  • Market Cap: $23.13M
  • 24-Hour Trading Volume: $1.31M
  • Recent Updates: None

3. BGB: Founded in 2018, Bitget is a cryptocurrency exchange and Web3 company.

  • Current Price: $6.69977
  • Daily Increase: +2.34%
  • Market Cap: $8.04B
  • 24-Hour Trading Volume: $294.3M
  • Recent Updates: None

SocialFi: Overall Daily Sector Change: -1.05%

1. MASK: Mask Network is a Web3 portal designed to connect Web2 users to Web3.

  • Current Price: $2.204
  • Daily Increase: +0.23%
  • Market Cap: $220.4M
  • 24-Hour Trading Volume: $65.22M
  • Recent Updates: None

2. TON: The Open Network (TON) is a fully decentralized Layer 1 blockchain designed by Telegram, known for its ultra-fast transactions, low fees, user-friendly applications, and eco-friendly approach.

  • Current Price: $3.793
  • Daily Change: -0.99%
  • Market Cap: $9.46B
  • 24-Hour Trading Volume: $80.88M
  • Recent Updates: None

3. CHEEL: Cheelee is a short video platform with a Watch-to-Earn mechanism, allowing all users to earn money while consuming content on social networks.

  • Current Price: $7.99
  • Daily Change: -2.32%
  • Market Cap: $453.76M
  • 24-Hour Trading Volume: $5.19M
  • Recent Updates: None

2025/02/07 DeFi weekly report

Overall DeFi TVL data:

  • TVL: $193.2 billion
  • 7-day change: -13%

Stablecoin yield farming opportunities this week (TVL at least $5M)

1. KiloEX

  • Blockchain: opBNB
  • Pool: USDT
  • Yield Source: Perp DEX Counterparty LP
  • TVL: $24M
  • APY: 39% (Estimated, including airdrop points)
  • Website: https://app.kiloex.io/trade/vault

2. Synthetix V3

  • Blockchain: Base
  • Pool: USDC
  • Yield Source: Perp DEX Counterparty LP
  • TVL: $5M
  • APY: 24%
  • Website: https://liquidity.synthetix.eth.limo/

3. Kai Finance

  • Blockchain: SUI
  • Pool: USDC
  • Yield Source: Interest paid by leveraged LP users
  • TVL: $9.32M
  • APY: 18.74%
  • Website: https://kai.finance/vaults/USDC

Top 5 DeFi protocols by TVL growth this week (selected protocols with a minimum TVL of $50M)

1. Royco Protocol: Royco is an infrastructure designed to enhance and incentivize liquidity. Recently, due to Berachain's deposit campaign, users from Boyco have utilized Royco, leading to a significant surge in TVL.

  • Current TVL: $2.939 billion
  • 7-Day TVL Growth: +34,480%

2. b14g: b14g is a Bitcoin restaking platform that allows BTC holders to earn additional yield without exposing their assets to risk. It operates on the CORE chain.

  • Current TVL: $53M
  • 7-Day TVL Growth: +341%

3. Dolomite: Dolomite is a margin trading and lending protocol that supports thousands of different assets as collateral. It serves Berachain, Arbitrum, Mantle, X Layer, and Polygon zkEVM. The recent surge in TVL is attributed to the launch of the Berachain mainnet.

  • Current TVL: $374M
  • 7-Day TVL Growth: +278%

4. Inception: Inception facilitates seamless ETH restaking across L1 and L2 networks. Built on EigenLayer, it enables users to restake assets like stETH, rETH, or cbETH effortlessly.

  • Current TVL: $99M
  • 7-Day TVL Growth: +209%

5. Tranchess: the Tranchess project is represented by the CHESS token and is designed to offer different risk/reward matrices from a single main fund that tracks specific underlying assets such as BTC, ETH, and BNB, or a basket of crypto assets.

  • Current TVL: $72M
  • 7-Day TVL Growth: +191%

Data sourced from: https://defillama.com/

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.

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