Market dynamics on February 10: BTC continues to decline, altcoins generally slump; US stocks suffer a heavy blow, Trump escalates the tariff war

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Bitget2025/02/10 01:59

Market Dynamics

BTC continues its downtrend, with altcoins broadly falling.
U.S. stocks plummet as Trump escalates the tariff war.

Market Focus

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.
The meme coin launch platform PUMP is about to issue tokens, potentially marking the last climax for the Solana chain.
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.
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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