It remains to be Bitcoin season with the CMC altcoin season index being at 35. Even so, altcoins like Dogecoin and Ripple have recorded significant gains amid heightened anticipation for ETFs.

Besides, iDEGEN remains on investors’ radar as it enters the last two weeks of its presale. Whether the speculations of a Binance listing materialize or not, the community-driven project has properly positioned itself in the AI crypto space.   

Dogecoin furthers its rebound as SEC acknowledges filing for DOGE ETF 

Bitcoin price has held steady above $97,000 as the market conditions improve. This aspect coupled with SEC’s acknowledgment of Grayscale’s 19b-4 filing for a DOGE ETF have fueled the ongoing rebound.

Dogecoin price was trading at at $0.2749. Further rebounding will likely break the resistance along the 25-day EMA at $0.2907 with the bulls eyeing the next target at $0.3102. However, a pullback below the current support zone of $0.2465 will invalidate this thesis.

Hints of a Binance listing further fuels iDEGEN’s investor interest

iDEGEN remains on investors’ radar as its presale nears its end. With less than two weeks left before its listing on 27th February, more crypto enthusiasts are rushing to amass some $IDGN tokens at the current price of $0.0259. They understand that based on its huge growth potential, this is the cheapest the token will be going forward. As a result, it has raised over $22.6 million with over 1.7 million tokens sold. 

In addition to its status as a community-driven AI crypto project, speculations on a Binance listing have further heightened investor interest. Notably, most coins that have gotten a spot on this popular crypto exchange have seen increased liquidity, immediate volatility, and significant surge in market cap. 

Besides, even if the Binance listing failed to materialize, iDEGEN has proved to be a revolutionary force and pace setter in the AI crypto space. As a “degen raised” project, it has garnered a loyal community that is determined to see it reach the highest possible level. This explains why the previous ban on X further fueled the momentum.

In the next two weeks, investor interest is expected to skyrocket. Already, the early adopters are sitting on hefty gains with returns of over 23,000%.  You can buy the iDEGEN token here.

XRP set to retest February’s highs as SEC acknowledges Grayscale’s filings

Ripple price topped the list of crypto majors with the highest 24-hour gains as the market reacted to SEC’s official acknowledgement of Grayscale’s 19b-4 filing to convert its XRP Trust into a sport XRP ETP. the resultant surge in investor interest and confidence had the altcoin rally by 6.04% over the past 24 hours. 

This sets it for a weekly gain after recording losses in the past two weeks. At its current level of $2.7137, the bulls are striving to break the resistance at $2.7450. Past that level, the next target will be at $2.8772. Even with the probable market volatility, the altcoin will likely remain steady above the support zone of $2.3357; below which this bullish thesis will be invalid. 

SafeMoon is pivoting to a new phase with plans to launch a meme coin on the Solana blockchain.

The upcoming token aims to improve liquidity, giving SFM holders the ability to exchange their holdings for the new asset once it is available.

SafeMoon Meme Coin on Solana

On February 14, SafeMoon announced a shift in direction, stating that the project is now fully controlled by its community.

As part of this transition, the team revealed its plans to introduce a Solana-based meme coin. The goal is to adopt a lighthearted, community-led approach with no predefined use case, focusing solely on engagement.

“This Valentine’s Day, we’re proving our love for the community in the best way possible—by handing SafeMoon over to you. No teams. No roadmaps. No false promises. Just pure, unfiltered, community-driven meme energy,” the team stated.

Many expected the contract to be released immediately. However, the team later clarified that they are keeping it private due to internal technical adjustments.

SafeMoon stated that the delay will streamline the automated swap process for SFM V2 holders. The team emphasized that this step is necessary for a smooth transition.

Also, they warned users not to buy any version of SafeMoon on Solana before the official contract is live to prevent scams.

“Let’s be crystal clear: the contract is NOT public yet. If you’re buying a ‘SafeMoon’ on Solana (or anywhere else) right now, you ARE getting scammed. Wait for us to drop the official contract address. Don’t get rekt,” SafeMoon warned.

After launching the meme coin, SafeMoon will allow existing SFM holders to swap their tokens through the VGX wallet. This move will inject liquidity into the ecosystem and create a new use case for the community.

SafeMoon Burns 2.2 Trillion Tokens

SafeMoon’s shift to Solana comes after the project burned 2.2 trillion SFM tokens across Ethereum, Polygon, and Binance Smart Chain.

Yesterday, the project announced that it had removed nearly all tokens on Ethereum and Polygon and about 60% from the Binance Smart Chain supply.

Meanwhile, these efforts follow a concerning history marked by fraud allegations and bankruptcy. Back in 2023, the project’s CEO and CTO were arrested by the US DOJ on allegations of using investor funds for personal expenses.

At its peak, SafeMoon’s market cap soared to over $1 billion, which has now dropped below $20 million.

US authorities accused SafeMoon’s leadership of misusing investor funds, alleging that over $200 million in locked funds were withdrawn to buy personal luxury cars and property. This led to the project’s bankruptcy filing in December.

Following these setbacks, the VGX Foundation acquired SafeMoon through a bankruptcy court ruling.

“The VGX Foundation purchased SafeMoon assets independently through bankruptcy courts – nothing happening right now is a revival by former actors. The VGX Foundation spent millions securing SafeMoon because they believe in the power of the community. They believe in the power of YOU,” VGX Foundation remarked.

The new strategy seeks to put past controversies behind us and place the project’s future entirely in the hands of the community.