
TL;DR Pi Network extended the KYC and mainnet migration deadline to Feb 28, 2025, fueling community frustration. Ripple (XRP) experienced a severe price decline at the start of the week, but some view this as a perfect “buy the dip” opportunity. Dogecoin (DOGE) dropped 22% weekly, with recent whale activity suggesting a further plunge. Another Deadline Extension Pi Network – the controversial cryptocurrency project that claims to allow people to mine digital assets directly on their smartphones – continues to trigger frustration across its community. Although it saw the light of day in 2019, its open mainnet and native token have yet to be launched. The team has previously maintained that major milestones like these depend on successful KYC verifications and migration to the mainnet. Users had until January 31 to complete the steps, but the deadline was recently moved to February 28. “The KYC and Mainnet migration deadlines for the Grace Period have been extended to February 28, 2025, ensuring Pioneers have additional time and opportunity to secure their Pi,” the developers explained. Constant delays and extensions have become a habit for Pi Network’s team, and unsurprisingly, some users have lost hope that they will ever see actual progress. Others have gone even further, describing the project as a scam. Meanwhile, the developers aim to launch the Open Network during the first quarter of the year . On that note, they made a disclaimer that the milestone might occur before or after the Grace Period ends. “Submit your KYC application and complete your Mainnet Checklist by February 28, 2025, to avoid any forfeiture,” they advised. XRP Forecasts Ripple’s native token is another highly intriguing topic in the cryptocurrency world. Its price experienced an impressive bull run in the last few months, rising from less than $0.55 at the start of November 2024 to almost a new all-time high of $3.39 in mid-January. However, February has not been so kind to XRP. Its valuation briefly tanked below $2 shortly after US President Donald Trump imposed hefty tariffs on China, Canada, and Mexico. Some of the charges were later suspended , which resulted in a revival of the cryptocurrency market. XRP’s price climbed to almost $2.80 before retracing again to its current $2.50 (per CoinGecko’s data). XRP Price, Source: CoinGecko Interestingly, the double-digit decline witnessed on February 3 did not scare some of the asset’s hardcore proponents. The analysts using the X monikers EGRAG CRYPTO and JackTheRippler are some examples. The former described the latest pullback as the perfect “buy the dip” opportunity, while the latter said they sold their house to increase their exposure to XRP. DOGE Price Outlook Last but not least , we will touch upon the leading meme coin, which also saw a substantial plunge at the start of the business week. Its price plummeted to $0.21 before reclaiming some ground to $0.26. The current level represents a whopping 22% decrease on a weekly scale, while some essential factors signal more pain for the bulls in the short term. DOGE Price, Source: CoinGecko According to Ali Martinez, whales sold 270 million DOGE in 24 hours, which could trigger downward pressure on the valuation. Additionally, the analyst noted that the meme coin experienced a bearish crossover between the Market Value to Realized Value (MVRV) ratio and its 30-day Simple Moving Average, which indicates “a steep price correction ahead.” The post Recent Pi Network Updates, Ripple (XRP) Price Predictions, and More: Bits Recap Feb 4 appeared first on CryptoPotato .
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Market Update: Recent Activity Lead to BTC, XRP and ETH Price to Crash! Why Was This New Coin Unaffected?

The post Market Update: Recent Activity Lead to BTC, XRP and ETH Price to Crash! Why Was This New Coin Unaffected? appeared first on Coinpedia Fintech News The cryptocurrency market has seen a decline, with substantial reductions in the values of BTC, XRP, and ETH. This sudden downturn has compelled investors to seek clarifications, heightening apprehension over possible outcomes. Amidst the turmoil faced by conventional entities, a budding project has shown resilience, remaining entirely unscathed. What’s behind this resilience? This crypto market news update will analyze why these established tokens are struggling, examine the underlying causes, and disclose why a specific new token persistently contradicts market trends. Rollblock defies the crypto crash with GambleFi innovation and a rock-solid economic model If you keenly follow crypto market news, you’ll have noticed that while most of the market is reeling from the latest downturn, one new project has remained completely unfazed. Rollblock, a rising GambleFi protocol, is proving that innovation and real-world use cases can shield tokens from broader market volatility. Rollblock merges decentralized and centralized gaming for transparency and trust. Its revenue-driven model ensures stability by buying back $RBLK tokens, maintaining value even in market downturns. With its unique approach and dedicated following, Rollblock is proving that crypto doesn’t have to be at the mercy of market crashes. While BTC, XRP, and ETH struggle, this rising GambleFi star continues to stand strong—offering a glimpse into the future of sustainable crypto projects. Bitcoin’s rollercoaster: why BTC price is dropping after $100K highs The value of Bitcoin has decreased from above $100,000 to about $96,000 in recent times. This market value drop stems from both market participant reactions and wider economic conditions. The impressive Bitcoin price rally, which surged past $100,000, has led several investors toward profit-taking, which in turn creates increased market sell orders. Market fatigue developing from fast price growth prompts traders to avoid buying at elevated price points. Crypto market news: XRP struggles as network activity drops and technical risks rise XRP is facing renewed pressure as technical signals point to potential downside risks. A recent 64-minute network outage, now resolved, has raised concerns about reliability, while active addresses have dropped nearly 50% since December. With a potential death cross forming on its EMA lines, XRP could test lower support levels unless fresh demand kicks in. As crypto market news unfolds, investors are watching key XRP indicators closely, with a rebound in network activity seen as crucial for restoring confidence and reversing the current trend. ETH price tumbles as key support levels crumble—is more pain ahead? ETH’s price has taken a significant hit, dropping over 20% and falling below key support levels at $2,800 and $2,650. The break below these critical zones has triggered a wave of liquidations, with ETH accounting for $531 million of the $2.04 billion wiped from the crypto market. The bearish trend intensified when ETH’s price slipped beneath $2,500, hitting a low of $2,127. While temporary support has formed above $2,300, the overall market sentiment remains negative. Technical indicators, including a deeply oversold RSI and a bearish MACD, suggest continued downside risk for ETH’s price. Conclusion Despite the market downturn, Rollblock’s GambleFi model has kept it resilient while BTC, XRP, and ETH prices continue to slide. With casino revenue fueling buybacks, $RBLK remains stable amid volatility. As Ethereum struggles below key levels, Rollblock stands strong—offering a glimpse into the future of sustainable crypto projects. Don’t miss out—Rollblock’s presale is live! Secure your stake today. Website: https://presale.Rollblock.io/ Socials: https://linktr.ee/Rollblockcasino Crypto Potato

Pi Network’s Transition Sparks Legal Concerns Amid Pyramid Scheme Warnings from Experts
Pi Network’s transition to an Open Network in February 2025 sparks legal concerns, with experts warning about its pyramid-like structure. Despite boasting over 19 million verified users, Pi Network faces Crypto Potato