Crypto Weekly Recap: Top Movers, Fear & Greed Index, ATH Coins & NFT Trends

Dear Readers,

The crypto market experienced a downturn as the optimism surrounding Donald Trump’s inauguration faded. The global market cap dropped by more than 2.5%, reaching $3.52 trillion. Bitcoin, the leading cryptocurrency, fell over 2.5%, dipping to $102K, while Ethereum also saw a 2.31% decline, continuing the weak trend from the previous week. Other major altcoins like XRP and Solana dropped between 2-5% in the last 24 hours. Meme coins Dogecoin and Shiba Inu were hit hard as large holders, or whales, sold off their holdings.

Highlights Of The Week

• Coinbase appeals to US appeals court to rule that crypto trades are not securities in its ongoing battle with the SEC over a lawsuit.

• North Dakota lawmakers debate a new bill that seeks to limit crypto ATM transactions and impose additional regulations to protect residents from scams.

• Democrat lawmaker calls for investigation into whether President Trump’s crypto ventures conflict with his presidential duties.

• Crypto exchange Kraken donates to Ross Ulbricht, the Silk Road founder, to support him after his release.

• Coinbase requests dismissal of a lawsuit filed by BiT Global over the exchange’s decision to delist wrapped BTC.

• Ramp Network partners with MetaMask to allow users to withdraw Ether from layer-2 networks directly into fiat currencies.

Crypto Fear & Greed Index

The Crypto Fear & Greed Index has dropped to "Greed" at 75, down from yesterday's "Extreme Greed" level of 84, following a market selloff. The dip was triggered by former President Trump's speech, where he failed to mention crypto or Bitcoin, which weakened sentiment. Additionally, the crypto community was awaiting news on an executive order about Bitcoin reserves or crypto policy. On a positive note, the US SEC announced the creation of a Crypto Task Force, led by Commissioner Hester Peirce, to establish a clear regulatory framework for crypto assets.

ATH Coins

An all-time high (ATH) marks the highest point of success for a cryptocurrency, reflecting increased market interest. However, even with such accomplishments, market volatility remains a key factor to consider. Conducting thorough research is essential before investing in coins at their ATH. Below are some of the most recent top performers that have hit ATH milestones.

Fasttoken (FTN) has reached an all-time high (ATH) of $3.88 today. As of now, the price is holding steady at $3.87, with a robust trading volume of $63.78 million. FTN serves as the native currency for the Bahamut blockchain, a public, EVM-compatible Layer 1 solution. This innovative blockchain utilizes a unique consensus mechanism known as Proof of Stake and Activity (PoSA), which ensures both security and efficiency within its ecosystem.

Today, Finanx AI (FNXAI) achieved a new ATH of $1.52. Presently, the price is at $1.49, accompanied by a trading volume of $3.5 million. Finanx AI is revolutionizing the investment landscape by harnessing the power of artificial intelligence. This AI-driven trading platform uses advanced algorithms to optimize trading strategies, providing automated solutions that enhance investment returns in real-time.

OneCoinBuy (OCB), launched in March 2023, marked its ATH of $0.0984 today. The current price is $0.0980, with a trading volume of $6.47 million. OneCoinBuy blends the world of cryptocurrency and e-commerce, offering a unique raffle-based trading system. This innovative approach brings a fresh dynamic to the digital asset space, combining entertainment with investment opportunities in an engaging way.

Camino Network (CAM) has reached an ATH of $0.1591 today. The token is now trading at $0.1449, with a trading volume of $590,040. Camino Network is an emerging Layer 1 blockchain designed to tackle the connectivity challenges in the travel industry. With its focus on Web3 adoption, Camino is positioning itself to become a key player in the multi-trillion-dollar travel sector, bringing decentralized solutions to a traditionally centralized industry.

GateToken (GT) hit its ATH of $23.33 just yesterday. Currently, it is priced at $22.90, with a trading volume of $32.97 million. GateToken is the native token of GateChain, a blockchain platform that plays a pivotal role in facilitating efficient transaction processing. It is used for transaction fee payments, staking for rewards, and securing the network, making it a vital asset in the GateChain ecosystem.

Top Movers (24H)

As the cryptocurrency market gains increasing credibility as a legitimate investment option, former skeptics are now embracing it, expanding their portfolios with various digital assets. Seasoned investors are also bolstering their positions, contributing to significant price surges in several cryptocurrencies over the last day. Let’s explore some notable cryptocurrencies that have experienced substantial price gains recently.

Tornado Cash (TORN) has seen an extraordinary surge of 82.07% over the past 24 hours, pushing its current price to $16.27. This price movement comes after a significant legal victory for the project, as the US Court of Appeals recently annulled the sanctions previously imposed on Tornado Cash by the US Treasury Department's Office of Foreign Assets Control (OFAC). The ruling has sparked renewed interest in the token, with its current trading volume reaching $10.41 million.

Decentralized Social (DESO), a new layer-1 blockchain designed to decentralize social media, has also experienced significant growth, with its price soaring by 59.26% in just 24 hours. The token now trades at $18.38, and its trading volume stands at $1.82 million. Built to support billions of users, DeSo’s approach to decentralizing the social media landscape has clearly captured the attention of the market, contributing to its recent surge in value.

Lybra Finance (LBR) is another notable mover, with the token seeing a 48.00% increase in price over the past 24 hours. Currently priced at $0.07801, Lybra Finance’s innovative decentralized protocol aims to bring stability to the often-volatile cryptocurrency market. Its rapid growth has been accompanied by a solid trading volume of $11 million, highlighting the project's rising popularity.

Cros (CROS), known as "The Gaming Coin," has gained 47.19% over the last day, bringing its price to $0.007508. With a trading volume of $2.92 million, Cros connects developers, brands, and the 3 billion gamers worldwide through the integration of AI, blockchain, and DePIN (Decentralized Physical Infrastructure Networks) technology.

Finally, Marlin (POND) has increased by 37.27% in the past 24 hours, with its price now sitting at $0.02269. Marlin offers high-performance programmable network infrastructure for DeFi and Web 3.0 applications, and its recent surge in value—along with a hefty trading volume of $103.35 million—underscores the growing demand for scalable solutions in the decentralized space.

Non-Fungible Tokens – Developments

• SOON (Solana Optimistic Network) raises $22 million through an NFT sale to launch its mainnet and invest in blockchain infrastructure.

• Telegram enters the digital art space with the launch of its first NFT art collection, marking a key milestone for the messaging app.

• GameGPT launches Genesis AI NFT Collection, an AI-driven game builder bridging AI, gaming, and blockchain technology.

NFTs To Watch (24H)

Azuki

Azuki has been making waves recently with a notable volume of 4,916 ETH and a massive 402% increase in volume in the last 24 hours. The collection, which consists of 10,000 avatars, offers membership to The Garden—a creative hub where artists, builders, and Web3 enthusiasts converge to shape a decentralized future. With a floor price of 10.09 ETH and 425 sales, Azuki remains a significant player in the NFT space, catching the attention of collectors and the broader Web3 community.

Milady Maker

Milady Maker, another NFT collection to keep an eye on, has seen a volume of 1,076 ETH, which marks a 192% change in volume in a day. This collection of 10,000 generative pfpNFTs is inspired by a neochibi aesthetic and street style tribes, gaining recognition for its unique artistic direction. With a floor price of 5.25 ETH and 202 sales, Milady Maker is quickly rising in prominence as a standout collection in the market.

BEANZ Official

BEANZ Official, with a volume of 661 ETH and a 202% change in volume in the past 24 hours, introduces a charming and quirky collection of small characters that sprout from the dirt in The Garden. While many BEANZ pair up with Azuki avatars, others prefer to stand alone, adding a fun and playful dynamic to the NFT world. The collection’s floor price is currently 0.5788 ETH, and it has seen 1,004 sales. As the BEANZ grow in popularity, they are sure to remain a collectible sidekick for many within the space.

Best Regards,
Crypto Recorder Team

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