BTC drops to $100K on Trump’s crypto silence

BTC drops to $100K on Trump’s crypto silence

Hot projects + Market overview

I. Mainstream exchange news

  • WOO X has launched the New Year Wealth Carnival trading event. WOO X has also listed the Melania meme (MELANIA) token, the Top Hat (HAT) token for spot trading, and launched the MELANIA/USDT perpetual contracts.
  • Coinbase has listed the Official Trump (TRUMP) token.
  • Bybit Launchpool has launched SoSoValue staking mining with a prize pool of 4 million SOSO, while also listing the PLUME/USDT spot trading pair and the MELANIA/USDT perpetual contract with up to 50x leverage.
  • Bitget has launched the innovative yield management product HodlerYield, introduced the TRUMP coin leaderboard with lightning transaction support, launched the MELANIA/USDT perpetual contract with up to 20x leverage, and opened the LaunchX project Jambo (J) for subscription.

II. Mainstream projects and trending events

  • L1 intellectual property blockchain Story has launched its mainnet.
  • Solana's revenue has reached $17 million in the past 24 hours, surpassing Tether and Ethereum.
  • Donald Trump's inauguration day has ended without mentioning Bitcoin or strategic reserves.
  • Donald Trump has signed an executive order seeking to delay by 75 days the enforcement of a ban on the popular short-video app TikTok, which was supposed to be shut down on Jan 19.
  • World Liberty Financial, a DeFi platform affiliated with US President Donald Trump, has bought crypto assets including $47 million in ETH, $47 million in wBTC, $4.7 million in TRX, AAVE, and LINK to commemorate Trump’s presidency.
  • Billionaire entrepreneur and cryptocurrency advocate Mark Cuban is considering launching a memecoin, with proceeds going to the US Treasury.
  • Elon Musk’s DOGE was accused of violating transparency laws after Donald Trump’s inauguration.
  • Ethereum scaling solution Polygon has changed its X profile picture to a Donald Trump Non-Fungible Token (NFT).
  • Donald Trump's appointed politicians will be scrutinized for potential conflicts of interest with the crypto industry, and some have already promised to sell their holdings.
  • American telehealth company CureX has announced entry into the DeSci (Decentralized Science) field and collaborated with Chulalongkorn University in Thailand.
  • Bitcoin mining difficulty has increased by 0.61% to a record high of 110.45 T at block height 878,976.
  • Ethereum co-founder Vitalik Buterin has stated that the Ethereum Foundation is currently exploring ways to minimize the issue of the foundation's staking.
  • Donald Trump’s crypto project World Liberty Financial (WLFI) has purchased 4 ENS domains including trumpcoin.eth, worldliberty.eth, trumpcoin.eth, erictrump.eth, and barrontrump.eth.
  • a16z co-founder Marc Andreessen has clarified that the previously disclosed image is the organization's new logo, not a memecoin.
  • Full-chain interoperability protocol Analog has launched the  ANLOG token claim portal.
  • The pre-sale of the official token of the Trump family's encrypted project World Liberty Financial (WLFI) has ended.

III. Regulatory news

  • Chen Maobo, the Financial Secretary of Hong Kong, met with Circle co-founder Jeremy Allaire and stated that Hong Kong welcomes fiat-based stablecoin companies to operate in the region.

IV. Popular projects

Market overview

Bitcoin sharply dropped to $100,119 from a recent high following Donald Trump's inauguration, which made no mention of cryptocurrencies, but is now gradually recovering.

In the short term, the key level to watch is the 15-minute moving average (MA140) at $104,348. For the long term, maintaining above the critical threshold of $97,462 is essential.

Bitcoin's current market dominance is 58.98%, with the TOTAL3 index, which tracks altcoin performance, standing at $1.02 trillion.

PUPS: BTC ecosystem meme

Originally central to the Runes ecosystem and often highlighted by Ansem, PUPS transferred some liquidity to Solana, capturing considerable market interest.

Despite an over 80% drop from its peak, it has recently rebounded. The current market cap stands at $67.93 million.

SNAI: AI concept project

SwarmNode.ai deploys serverless AI agents in the cloud, coordinating agent collaboration via the SwarmNode Python SDK. This allows users to create and manage AI workflows without the need for server infrastructure.

SNAI's market cap stands at $38.39 million.

PURPE: Pepe-related meme derivative

PURPLE PEPE, built on the Solana ecosystem, features a unique purple Pepe.

It has an on-chain liquidity of $6 million and a market cap of $41.08 million, with over 48,000 token holders.

SHIRO: Cat-themed meme

Shiro Neko, which translates to 'white cat' in Japanese, is a memecoin built on Ethereum.

Launched in early December 2024, the token quickly achieved a market cap exceeding $400 million due to high community interest.

Since reaching its peak, it has seen a decline of over 80%, with the current market cap at $55.43 million. Today, the token experienced notable price volatility.

BDC Blockchain Meme Token

BILLION•DOLLAR•CAT (BDC) features a horizontally reversed BTC eye design. 

Users can upload their PFP on the official website to receive an NFT with "Billy glasses," making it popular in the community.

The token, formatted in Runes, is highly popular within the community and currently holds a market value of $38.32 million. 

On-chain daily

1. Qude

Qude is an AI Agent token on Solana tailored for developers. It offers a framework to create and manage blockchain-based intelligent agents directly from the terminal. Its QLLM technology quantifies large language models to optimize efficiency and resource usage while maintaining performance.

2. WHISP

WHISP is a DeFAI project focused on simplifying crypto operations, emphasizing mobile-first experiences. It recently introduced wallet creation through Twitter integration.

3. THE1

THE1 is a DeFAI project on Solana that tracks on-chain and X data to help users follow trending tokens and analyze key narratives. Recently, it launched a dashboard to display KOLs' purchases of TRUMP tokens.

4. CLUSTR

Clustr Labs is creating the first neural cluster with over 1M AI agents to model emergent behavior and accelerate the path to Artificial General Intelligence (AGI). The AIOS ecosystem supports agent creation, hosting, collaboration, and monetization.

5. MOBY

Supported by @assetdash, @whalewatchalert, and @griffaindotcom, MOBY is an AI agent helping users identify profitable trades, analyze portfolios, and track on-chain AI project funds in real time.

6. AIOS

AIOS is the world's first AI operating system, enabling intelligent agent deployment and operations on Solana. Recently, 66% of foundation-held tokens were burned.

AI agent market overview

  • Number of listed tokens: 91
  • Overall market cap change: The total market cap is $10.500007 billion, with a daily decrease of -2%.
  • Overall trading volume change: 24-hour trading volume is $1.82 billion, with a daily increase of +52%.

Top 3 tokens by 24-hour holder growth

1. REI: An AI Agent token on Base, primarily exploring the implementation of neural networks on the blockchain. The advantage of this architecture is that it can reconstruct complete market analysis from partial information and establish connections between different market events in history.

2. FARTCOIN: AI memecoin on Solana, considered the beta version of GOAT due to Truth Terminal's initial mission of telling fart jokes, making it a more purely meme-based project. 24-Hour Address Growth: +4,329 addresses (+5.19%)

3. AI16Z: ai16z is a decentralized AI trading fund built on Solana, utilizing AI to analyze both on-chain and off-chain data for token trading.

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

Top 3 tokens by community engagement and market cap (Last 24 hours)

1. AIRENE: AI Agent token on Base created by Virtuals Protocol, represented by Twitter KOL @Irenezhao_.

2. AIYP: AI Agent token on Base issued by Virtuals Protocol, used for AI Agent IP in games, bringing more vibrant NPCs to different games.

3. AIPUMP: AI Agent and AI trader deployed on Hyperliquid, Solana, and Base. Users can issue their own AI Agent tokens through Twitter, Telegram, Video, and Brain.

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

Bitcoin ecosystem overview

BTC Mainnet Gas Fee Update:

  • The current BTC transaction fee is 7 satoshis/byte.
  • Gas Fee performance continues to remain 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: $20.41
  •  24-Hour Change: -20.59%
  •  Market Cap: $423.28 million

DOG:

  •  Current Price: $0.0045
  •  24-Hour Change: +11.58%
  •  Market Cap: $493.734 million

FB:

  •  Current Price: $1.29
  •  24-Hour Change: -6.8%
  •  Market Cap: $13.88 million

Today's Popular Projects:

1. trac: A decentralized meta-protocol tracker based on the Bitcoin native chain.

  • Market Cap: $11.72 million
  • 24-Hour Trading Volume: $1.23K
  • 24-Hour Change: +14.8%
  • Number of Holders: 6,734

2. DOGEFB: A dog-themed fractal Bitcoin inscription.

  • Market Cap: $91.27K
  • 24-Hour Trading Volume: $10.35K
  • 24-Hour Change: -9.52%
  • Number of Holders: 6,100,087

3. PUPS•WORLD•PEACE: Bitcoin Puppets, a derivative work of O.P.I.U.M.

  • Market Cap: $80.46 million
  • 24-Hour Trading Volume: $390.19K
  • 24-Hour Change: +49.12%
  • Number of Holders: 12,907

Performances of today's top three tracks

PayFi: Overall Daily Sector Change: +1.91%

1. XRP: Ripple (also known as XRP) is a global cross-border payment network based on distributed ledger technology created by Ripple Labs.

  • Daily Increase: +2.36%
  • Current Price: $3.0913
  • Market Cap: $177.95B
  • 24-Hour Trading Volume: $16.9B
  • Recent Updates: None

2. VELO: Velo is a global settlement network for cross-border payments for individuals and businesses.

  • Daily Increase: +1.69%
  • Current Price: $0.02523
  • Market Cap: $186.44M
  • 24-Hour Trading Volume: $88.93M
  • Recent Updates: None

3. ACH: Alchemy Pay provides online and offline merchants with services to accept both fiat and cryptocurrency.

  • Daily Increase: +1.00%
  • Current Price: $0.0202
  • Market Cap: $99.86M
  • 24-Hour Trading Volume: $31.12M
  • Recent Updates: Partnered with Bitget Wallet to provide 0 Ramp Fee channels for TRUMP and SOL.

SocialFi: Overall Daily Sector Change: +1.76%

1. DESO: The native cryptocurrency supporting a decentralized social blockchain, designed to support various decentralized social media applications.

  • Daily Increase: +14.42%
  • Current Price: $11.442
  • Market Cap: $120.51M
  • 24-Hour Trading Volume: $1.06M
  • Recent Updates: Major projects are upcoming, including OpenFund v2 (a decentralized exchange with an on-chain order book).

2. ACS: Incubated by Binance Labs, ACS is a cryptocurrency wallet ecosystem.

  • Daily Increase: +7.00%
  • Current Price: $0.00308
  • Market Cap: $120.11M
  • 24-Hour Trading Volume: $3.41M
  • Recent Updates: None

3. MLK: Connects various service companies such as travel, leisure, and lifestyle, allowing their reward points to be integrated and traded.

  • Daily Increase: +5.44%
  • Current Price: $0.2539
  • Market Cap: $107.15M
  • 24-Hour Trading Volume: $7.59M
  • Recent Updates: None

DeFi: Overall Daily Sector Change: +1.15%

1. XCN: A decentralized platform integrating P2P lending protocols.

  • Daily Increase: +24.87%
  • Current Price: $0.0124
  • Market Cap: $394.56M
  • 24-Hour Trading Volume: $334.95M
  • Recent Updates: A new version of the whitepaper is coming soon.

2. FLUID: An Ethereum-based open-source platform focused on decentralized finance (DeFi) smart contract accounts (DSAs) and integrated wallet functionality.

  • Daily Increase: +20.94%
  • Current Price: $5.4134
  • Market Cap: $213.49M
  • 24-Hour Trading Volume: $3.24M
  • Recent Updates: Integrated USDL.

3. RAY: An automated market maker (AMM) and liquidity provider built for the Serum decentralized exchange (DEX) on the Solana blockchain.

  • Daily Increase: +21.54%
  • Current Price: $7.454
  • Market Cap: $2.17B
  • 24-Hour Trading Volume: $468.19M
  • Recent Updates: Referred to by AIXBT as the most powerful free engine on Solana.

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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