The crypto trenches were lined with disappointment as Trump's tariffs nuked the charts. Can Dogecoin and other meme coins withstand a full-blown trade war?

While many cryptocurrencies struggle with price declines, DEXE has bucked the trend, emerging as the market's top gainer in the past 24 hours. The governance token has outperformed many leading assets, which have faced losses during the same period.

Bitcoin slipped to towards low 90s but recovered above 99k after tensions eased.

DEXE deviated from the bearish trend that was prevalent within the broader crypto market to post gains on Monday. The native token of DeXe Protocol rallied nearly 17.27% on Feb. 3 to hit an intraday high of $23.

The NFT market has pulled back alongside broader crypto weakness, with Bitcoin falling to $101,000 and Ethereum dropping to $3,200. Latest CoinMarketCap data shows that the overall crypto market cap has slipped to $3.5 trillion from last week's $3.

The altcoin market witnessed intense growth in January following Donald Trump's return to the White House. In January, the Official Trump meme coin gained significant spotlight as it recorded multiple ATHs in a few hours. As a result, January was a rocky month for the market.

The cryptocurrency market edged lower, with total market capitalization dropping 1.3% to $3.74 trillion amid continued volatility. As uncertainty grows, investors are increasingly turning to altcoins to diversify portfolios and capitalize on potential growth opportunities.

With just five days left in the claim period, time is running out. Those who haven't grabbed their share of the popular token need to act fast.

With Bitcoin (BTC) rebounding after the Federal Reserve's decision to hold interest rates steady, market sentiment has turned bullish once again following a broader sell-off. Amid this recovery, specific altcoins are showing strong upside potential.

CEO Luca Netz said that If it's not fun and viral, there's no reason to build on Abstract.

Smart buyers are looking at cheap tokens with much room to grow as the cryptocurrency market gets ready for its next big rise

During the first days of launch, Abstract, the layer-2 of Ethereum launched by Pudgy Penguins, is encountering difficulties in gathering liquidity.

Just $33 million worth of ether and stablecoins is currently deployed on Abstract.

The likely scenario for the Pudgy Penguin memecoin was a bounce to to collect liquidity before continuing its downtrend.

Ethereum price has been a major laggard in the crypto market this year as it remains in a technical bear market. While ETH typically rebounds in February, investing in quality Ethereum rivals may be a good option to generate strong returns and diversify a portfolio.

The crypto market's recovery has not benefited all altcoins, as some continue to face sharp declines. While Bitcoin holds steady at $102,200, several altcoins remain in a downtrend, struggling to regain momentum.

Jito surged over 8% on Wednesday as the network outpaced several blue-chip blockchain networks in fees. Jito (JTO), the largest liquid staking platform on Solana (SOL), has become the second most profitable entity in the crypto industry after Tether.

PENGU price has plunged nearly 26% in the last 24 hours, reaching its lowest levels ever. Once the biggest meme coin on Solana, it has now been overtaken by TRUMP, BONK, and DOGWIFHAT.

Igloo Inc. just launched its consumer-focused Ethereum layer-2 chain Abstract, but Pudgy Penguins assets are falling amid benefit gripes.

The crypto market managed to recover Monday's sharp losses, but the volatility left a lasting impact on several altcoins. Despite the broader market rebound, some tokens failed to recover fully, with the drawdown leaving them vulnerable.

Igloo Inc., the company behind Pudgy Penguins, has officially launched Abstract Chain. Abstract is an Ethereum (ETH) layer-2 blockchain built to simplify access to Web3 applications.

In an astounding development, Abstract Chain, an Ethereum Layer-2 network launched by Pudgy Penguins' parent company, Igloo Inc., has gone live on the mainnet. Reportedly, the Ethereum-based Layer 2 blockchain is designed to empower crypto communities and facilitate user-centric Web3 applications.

How the larger Igloo ecosystem benefited PENGU's price in the last 24 hours.

Bitcoin (BTC) witnessed a sudden slump late on Sunday as the price plummeted from around $105,000 to an intraday low of $100,905. The flagship cryptocurrency is struggling to recover and is trading around $101,400, having dropped over 3% over the past 24 hours.

A tale of two traders - How PENGU's retail and whale investors are shaping the token's destiny.

PENGU token breaks above $0.028 resistance level with $430.56 million in trading volume, showing technical strength despite recent weekly volatility.

PENGU's breakout above $0.028 sparks optimism as Funding Rates and trading volume surge.

After bottoming out earlier in the week, PENGU continued its recovery on Jan. 23 with a sharp rally, fueled by community anticipation of the Abstract mainnet launch and related speculation. The Pudgy Penguins (PENGU) token rose 8.

Pudgy Penguins (PENGU) has become the market's top gainer, rising 6% in the past 24 hours. At the time of writing, the meme coin is trading at $0.025.

Whale-driven activity sparks questions as PENGU rebounds, setting sights on key resistance levels.

The DeXe Protocol token has performed well this year as market participants anticipate major developments in the ecosystem and as its staking volume increases. DeXe (DEXE) price climbed to a high of $19.

Here is how some of your favorite assets concluded the week.

NFT market momentum was evident this week alongside broader crypto gains, as Bitcoin surpassed $103,000. Bitcoin (BTC) NFTs, meanwhile, fell 10.9% to $27.5 million, though buyer participation soared 174.98% to 23,827.

Oracle platform Switchboard becomes the first crypto startup to launch a Jito node consensus network. The on-chain oracle provider announced on Jan.16 that it was launching the first Jito (JTO) node consensus network on the Solana (SOL) mainnet.

Jito's new Chief Legal Officer Rebecca Rettig will help the firm navigate the changing legal and regulatory landscape.

Bitcoin (BTC) briefly reclaimed $100,000 after registering a jump of almost 3%, making a strong recovery after plunging below $90,000 a day prior. The increase can be attributed to fresh inflation data and regulatory developments considered bullish for the flagship cryptocurrency.

With approximately 70% of outstanding SOL staked, Solana restaking represents a $76 billion market opportunity.

The PENGU meme coin, currently in a tight race with Bonk (BONK), has crossed a $2 billion market cap, but its ADX and RSI indicators show mixed signals.

PENGU price has surged more than 9% in the last 24 hours, reclaiming the $2 billion market cap threshold. This rally solidifies its position as the second-largest meme coin on Solana, trailing BONK closely in a fierce competition for the top spot.

As Bitcoin (BTC) hits its lowest level since mid-November, major meme cryptocurrencies are on the list of the worst performers in the last 24 hours. Meanwhile, the liquidation tsunami erased over half a billion in crypto positions.

Jito, the biggest liquid staking project on Solana, is doing well as the total value locked (TVL) in its platform and its fees hit a record high. According to data on its website, Jito (JTO) has a TVL of 14.

PENGU price has dropped roughly 10% in the last 24 hours after becoming Solana's biggest meme coin. Despite its recent popularity, the asset's momentum has slowed, with technical indicators suggesting potential consolidation or further downside.

Pudgy Penguins assets are all rising in value ahead of the launch of Abstract, an Ethereum layer-2 network from the project's parent company.

PENGU's surge highlights the volatile nature of crypto markets and the potential impact of speculative partnerships on asset valuations. The post Pudgy Penguins' PENGU token soars 26%, flips OP in market cap appeared first on Crypto Briefing.

As Bitcoin (BTC) tries to recapture the $100k level, the cryptocurrency market led by Sui (SUI), Pudgy Penguins (PENGU), and Rai Reflex Index (RAI) has come into life once again ahead of the much-anticipated swearing-in of Donald Trump as the 47th president of the United States.

The first week of January 2025 has brought significant attention to three standout AI-focused coins: DeXe (DEXE), Virtuals Protocol (VIRTUAL), and Destra Network (DSYNC). DeXe surged 67% in the last seven days, reclaiming its highest levels since 2021 and reaching a $1 billion market cap.

Pudgy Penguins (PENGU), a Solana meme coin, has surged by 12%, reaching $0.40, fueled by a strong bullish trend in the broader crypto market.