Market dynamics on February 10: BTC continues to decline, altcoins generally slump; US stocks suffer a heavy blow, Trump escalates the tariff war
Market Dynamics
- BTC continues its downtrend, with altcoins broadly falling.
- U.S. stocks plummet as Trump escalates the tariff war.
Market Focus
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On the Solana chain, JAILSTOOL quickly reached a capitalization of $200 million, while CAR reached $500 million. JAILSTOOL is a celebrity-themed token. CAR, a token from a Central African nation, has 80% of its tokens locked. It appears that whenever Solana's transaction fees drop significantly, the official Solana support seems to prop up several major projects.
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The meme coin launch platform PUMP is about to issue tokens, potentially marking the last climax for the Solana chain.
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The AO mainnet is launching soon with an upcoming airdrop. AO is an AI blockchain developed by AR, but it has few developers in its ecosystem.
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The public chain BERA is set to unlock 13% of its tokens this week.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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