News & Insights

BTC eyes $90K for its next move

BTC eyes $90K for its next move

Hot projects + Market overview

I. Mainstream exchange news

  • Bitget Seed has announced the 11th batch of projects, including BIGBALLS and JAILSTOOL. Bitget has also launched the TST/USDT perpetual contracts with up to 75x leverage and listed the Test (TSTBSC) token in its Innovation and Meme Zone.
  • Binance has launched the TST/USDT perpetual contracts with up to 75x leverage and listed the Cheems (1000CHEEMS) and Test (TST) trading pairs.
  • Coinbase has added the MORPHO, PENGU, and POPCAT tokens to its listing roadmap.
  • Ethereum L2 chain Abstract Chain mainnet has integrated Bitget Wallet.
  • Bybit has listed Nillion (NIL) tokens and launched the IP/USDT perpetual contracts in its spot pre-market trading.
  • Blockchain explorer and analytics platform Etherscan has launched an on-chain address credit scoring feature.
  • Bitcoin network hash rate has reached 852 EH/s, surpassing the peak record of 840 EH/s.
  • According to the Berachain Foundation, Phase 2 of the airdrop will be available for claiming on February 11.
  • According to Whale Alert, the USDC Treasury has destroyed 50 million USDC on Ethereum.
  • US Senator Mike Lee has reintroduced the 'No CBDC Act,' a bill aimed at permanently preventing the Federal Reserve from supporting a central bank digital currency (CBDC). 
  • B3.fun, an extension platform based on Base, has launched its airdrop eligibility check.
  • PNC Bank, the eighth largest bank in the US, disclosed a $67M Bitcoin exposure.
  • Brazilian stock exchange B3 will launch BTC options, as well as ETH and SOL futures.
  • A16z-backed Story Protocol has allocated 58.4% of the IP tokens to the community.
  • Dolomite, a lending protocol, has launched on Berachain. 
  • Cryptocurrency wallet application MetaMask plugin has supported cross-chain token swaps.

III. Funding news

  • Video-sharing platform Rumble has completed a $775 million strategic investment from Tether.
  • DeFi investment platform Prodigy.Fi has raised $5 million in a seed round led by Quantstamp and Republic.
  • Safe Superintelligence (SSI), an AI startup co-founded by former OpenAI chief scientist Ilya Sutskever, is in talks to raise funds at a valuation of at least $20 billion.
  • Crypto payments firm INXY Payments has completed a $3 million in a new round led by Flashpoint VC.
  • Japanese multinational investment holding company SoftBank is planning a $40 billion investment in OpenAI, potentially replacing Microsoft as its largest investor.
  • On-chain yield protocol Prodigy.Fi has completed a $5 million seed funding round led by Republic and Quantstamp.
  • Gaming startup The Game Company has completed a $10 million funding round co-led by Telcoin CEO Paul Neuner, BullPerks, and Singularity DAO.
  • BNB ecosystem platform Four.meme will invest in Bananas31, supporting the BNB Meme ecosystem.

IV. Regulatory news

  • According to BlockBeats, Donald Trump has hinted at possible irregularities discovered by Elon Musk's government efficiency team while reviewing US Treasury data. 
  • US SEC has postponed its decision on BlackRock's Ethereum ETF options trading approval to April 9, 2025, extending the regulatory review period.
  • US Montana State has passed a new law authorizing up to $50M investment in Bitcoin.

​​Market overview

Bitcoin continues to exhibit weak oscillations, with decreasing trading volume and difficulty sustaining market momentum. Altcoins are generally underperforming during this downward trend.

Bitcoin's daily moving average (MA140) is gradually rising, now at $87,186. This suggests a potential turning point around $90,000—near the recent lows of $91,231 and $89,256, which bearish pressures have repeatedly tested.

TCC: BSC memecoin

TCC, a new memecoin on BSC, has gained attention from CZ. Backed by Floki, it currently has 13,000 holders.

TCC's liquidity pool stands at $2.2 million, with a market cap of $13.8 million.

TST: BSC memecoin

TST is a test token from the Four platform, initially part of the BNX gaming platform on BSC, which transformed into a token issuance platform similar to Pump.fun.

TST gained popularity after being mentioned by CZ and surged in value. Despite a rapid listing on Binance and a subsequent 60% pullback from its peak, TST currently has a market cap of $170 million.

CAR: First National memecoin

The Central African Republic Meme, introduced by President Faustin-Archange Touadéra, stands as the first national memecoin, gaining substantial attention.

The top ten addresses control 81.59% of its circulation, contributing to its limited market liquidity of only $4.3 million.

CAR has a market cap of $620 million.

JAISTOOL: Celebrity memecoin

JAILSTOOL is a memecoin created and promoted by David Portnoy, the founder of the sports media platform Barstool Sports.

Previously criticized by the community for allegedly profiting from dumping memecoins on his followers, David purchased 50 million JAILSTOOL tokens to improve his reputation.

The current market cap of JALSTOOL is $98 million.

WOMP: Test coin concept

During a meme experiment centered on the PPP (Player Pump Player) concept, Jupiter engineer Nicholas inadvertently revealed his wallet address, leading community members to suspect an airdrop test involving the token named WOMP.

The recent surge in popularity of TST has rapidly increased interest in WOMP, pushing its market cap to $3.1 million.

On-chain daily

1. CAR

CAR is a memecoin on Solana, claiming to be launched by the President of the Central African Republic (CAR) via an X announcement. 35% of the token supply is allocated for national development, while 9.3% is in circulation. However, the project's authenticity has been widely questioned. AI deepfake detection platform Deepware analyzed the president’s video announcement, with one model suggesting an 82% probability that the video was deepfake.

2. TEST

TEST is a memecoin on Solana, serving as the first test token on AIBOX, a memecoin issuance platform. AIBOX has claimed to have over 200,000 registered users. It functions similarly to Pump.Fun but with an added fiat on-ramp feature. The token has gained attention following TST’s market popularity.

3. SATOSHI

SATOSHI is a memecoin on Base, created as a tribute to Bitcoin’s founder, Satoshi Nakamoto.

4. GUD

GUD is an AI Agent token on Base, designed as a chatbox tool for real-time crypto insights. It provides token analytics, X KOL updates, and other market signals.

5. JAILSTOOL

JAILSTOOL is a memecoin on Solana, based on the satirical idea that American businessman Dave Portnoy will be jailed if his memecoin pumps too much. While intended as a joke, it still follows the celebrity-token trend.

6. WHISP

WHISP is an AI Agent token on Solana, categorized as a DeFAI project aiming to simplify crypto operations with a mobile-first experience. Recently, it introduced a feature that allows users to create wallets using Twitter. The project also received a retweet from Solana co-founder Toly.

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. The reason is that Truth Terminal's original mission was to tell fart jokes, making it a purer form of a memecoin.

  • Mindshare Share: 10.7%
  • Three-Day Mindshare Change: +5.91%
  • Current Price: $0.49
  • Market Cap: $490M
  • 24-Hour Change: -8%

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: 7.58%
  • Three-Day Mindshare Change: -13.9%
  • Current Price: $0.22
  • Market Cap: $224M
  • 24-Hour Change: -12%

3. VIRTUAL: VIRTUAL is an AI agent smart network built on Base, designed to create various AI characters for different virtual worlds (such as games or online spaces) that can respond through text, voice, and actions. It adjusts incentives for decentralized creation and monetization of virtual interactions (games, metaverse, online interactions, etc.).

  • Mindshare Share: 4.74%
  • Current Price: $1.08
  • Market Cap: $1.08B
  • 24-Hour Change: -11%

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

Top 3 tokens by 24-hour holder growth

1. VIRTUAL: VIRTUAL is an AI agent smart network built on the Base network, designed to create various AI characters for different virtual worlds (such as games or online spaces) that can respond through text, voice, and actions. It adjusts incentives for decentralized creation and monetization of virtual interactions (games, metaverse, online interactions, etc.).

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. AIMONICA: AIMONICA is an AI Agent token on Solana, created by the vvaifu platform, and is the first meme VC. It is also collaborating with Flock AI.

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 5 satoshis/byte.
  • Gas fee performance remains weak.

Inscription, Rune, and Fractal Bitcoin Leading Token Tracking:

ORDI:

  • Current Price: $11.73
  • 24-Hour Change: -2.6%
  • Market Cap: $246.63 million

DOG:

  • Current Price: $0.0031
  • 24-Hour Change: +2.58%
  • Market Cap: $315.55 million

FB:

  • Current Price: $1.22
  • 24-Hour Change: -1.1%
  • Market Cap: $15.05 million

Today's Popular Projects:

pizza: A project themed around Bitcoin Pizza Day.

  • Market Cap: $15.5M
  • 24-Hour Trading Volume: $2.89K
  • 24-Hour Change: +3.11%
  • Number of Holders: 81,070

babydogs: A Doge-based fractal Bitcoin inscription.

  • Market Cap: $92.71K
  • 24-Hour Change: +10.6%
  • Number of Holders: 914,504

PUPS•WORLD•PEACE: A rune project deployed by the $PUPS team, advocating world peace.

  • Market Cap: $40M
  • 24-Hour Trading Volume: $70.96K
  • 24-Hour Change: +10.66%
  • Number of Holders: 13,080

Performances of today's top three tracks

SocialFi: Overall Daily Sector Change: -0.79%

1. CBK: A community platform dedicated to cryptocurrency research.

  • Current Price: $0.7416
  • Daily Increase: +13.93%
  • Market Cap: $67.53M
  • 24-Hour Trading Volume: $1.62M
  • Recent Updates: Launched a special airdrop campaign.

2. MBL: A participant-centered movie ecosystem.

  • Current Price: $0.00267
  • Daily Increase: +1.56%
  • Market Cap: $48.76M
  • 24-Hour Trading Volume: $6.23M
  • Recent Updates: Launched MovieBloc short film competition repost campaign.

3. TON: An L1 blockchain designed by Telegram.

  • Current Price: $3.757
  • Daily Change: -0.21%
  • Market Cap: $9.37B
  • 24-Hour Trading Volume: $177.84M
  • Recent Updates: None.

Layer 1: Overall Daily Sector Change: -2.64%

1. CELL: A quantum-resistant L1 network focusing on cross-chain transfers.

  • Current Price: $0.4298
  • Daily Increase: +7.32%
  • Market Cap: $12.37M
  • 24-Hour Trading Volume: $1.07M
  • Recent Updates: Released a series of new articles, including platform development progress.

2. XRD: A L1 protocol built for DeFi services.

  • Current Price: $0.01001
  • Daily Increase: +5.44%
  • Market Cap: $106.79M
  • 24-Hour Trading Volume: $3.19M
  • Recent Updates: None.

3. ROOT: A decentralized blockchain network optimized for metaverse applications, gaming, and experiences.

  • Current Price: $0.01607
  • Daily Increase: +4.08%
  • Market Cap: $23.25M
  • 24-Hour Trading Volume: $3.12M
  • Recent Updates: None.

RWA: Overall Daily Sector Change: -3.07%

1. SOLO: A tokenized ecosystem that helps users invest, trade, and tokenize assets like stocks, ETFs, and fiat currencies on the XRP Ledger.

  • Current Price: $0.35437
  • Daily Increase: +9.64%
  • Market Cap: $141.46M
  • 24-Hour Trading Volume: $3.31M
  • Recent Updates: None.

2. PRO: A real estate platform that supports buying and selling houses with cryptocurrency and trading homes as NFTs.

  • Current Price: $0.975
  • Daily Increase: +3.61%
  • Market Cap: $56.45M
  • 24-Hour Trading Volume: $2.08M
  • Recent Updates: None.

3. MPL: An on-chain institutional capital market that provides under-collateralized loans to institutional borrowers and fixed-income opportunities for lenders.

  • Current Price: $10.98
  • Daily Increase: +2.14%
  • Market Cap: $43.26M
  • 24-Hour Trading Volume: $1.11M
  • Recent Updates: Initiated a space for market discussion.

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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