📊 JUST IN : Bitcoin hits $98,000

📊 JUST IN : Bitcoin hits $99,000

💰 $SOL Solana hits a major milestone, one full year without a network outage, its longest streak ever.

The majority of memecoins and Pumpdotfun tokens have failed, with many experiencing a retracement of 70-90% on average within just a few weeks, and most tokens dropping to almost zero.

According to our previous analysis, dominance was expected to top around 61%. However, the emergence of $TRUMP and $MELANIA, along with other overhyped, high-market-cap tokens, has negatively impacted existing altcoins, making them look even weaker for now. That said, with a massive 36.4 million tokens in the market, a dominance level of 62-64% is considered reasonable for rotation into altcoins, potentially reviving the crypto market.

Since spring and Q1 are often favorable periods, the local bottom should be forming soon, and we might see a bounce in mid February.

86% of all real world assets onchain are on Ethereum + Ethereum L2s

Once $ETH gains momentum, other altcoins tend to follow. However, L2 and RWA tokens are likely to benefit more and may outperform other sectors

#Bitcoin's move played out exactly as expected. It broke out of the wedge, got rejected at the $100,000 level, and has now retraced to the dynamic support line, which was previously the wedge's resistance.

We need to wait for further consolidation.

It was a shit show on Binance

💰 JUST IN: #Binance announces SOLayer ($LAYER) as the 8th project on its HODLer Airdrops Page.