On February 7, 2025, Nic Carter, a leading figure in the cryptocurrency industry, tweeted that same was subsidized by the USAID, which led to their current state of decline (Twitter, February 7, 2025 ). This declaration occurred following a significant drop in the market value of various same, with Dogecoin (Dogeco) lowering from $ 0.08 to $ 0.068 in the period of 24 hours ending at 10:00 am (Coinmarketcapp , February 7, 2025). Similarly, Shiba Inu (Shib) experienced a drop of $ 0.000012 to 0.0000093 on the same period (Coingecko, February 7, 2025). The commercial volume against DOGE on the main scholarships like Binance increased to 2.3 billion DOGE negotiated in the last 24 hours, against 1.8 billion the day before (Binance, February 7, 2025). For SHIB, the volume increased to 1.5 billion of sombrages from 1.2 Billion of Shib (Coinbase, February 7, 2025). The Relative Force Index (RSI) for DOGE was 35 years, indicating that it was approaching the territory of occurrence, while the SHIB RSI was 28 years old, clearly in occurrence conditions (TradingView, February 7, 2025) .
The commercial implications of this event are important. The sudden drop in the same values led to a rush to sales orders, causing a fall in price. The increase in trading volumes suggests that the sale of panic was widespread among retail investors. Channel metrics also supported this, the number of active Doge addresses falling from 10% from 120,000 to 108,000 in the same period of 24 hours (blockchain.com, February 7, 2025). For Shib, active addresses increased from 80,000 to 64,000 (Etherscan, February 7, 2025). The correlation between the same and the major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) was also obvious. BTC experienced a minor drop by $ 45,000 to $ 44,100, while the ETH dropped from $ 3,000 to $ 2,910 in the same period (Coinbase, February 7, 2025). Fear and uncertainty on the same market seemed to spread on the wider cryptography market, although to a lesser extent.
Technical indicators provide additional information on market conditions. The divergence of Mobile Average Convergence (MACD) for DOGE showed a lower crossing cross, the MacD line crossing the signal line at 10:30 am, indicating a downward potential (TradingView, February 7, 2025). For SHIB, the MACD also pointed out a downward momentum, the line crossing the signal line at 10:45 am HNE (TradingView, February 7, 2025). Bollinger’s bands for Doge widen, the price moving towards the lower strip, suggesting increased volatility and price drop potential (TradingView, February 7, 2025). The Bollinger de Shib bands also widen, the price already affecting the lower band, indicating extreme volatility (TradingView, February 7, 2025). The Trading Volumes for Both Doge and Shib Were significantly Higher Than Their 30-Day Moving Averages, With Doge’s Volume at 2.3 Billion Compared to A 30-Day Average Of 1.5 Billion, and Shib’s Volume at 1.5 Tillion Compared to A 30-Day Average of 1.1 Billion (Binance, February 7, 2025; Coinbase, February 7, 2025). These indicators suggest that the market was in a state of volatility and high uncertainty following news of the involvement of the USAID.
With regard to news related to AI, no direct development of AI was reported on February 7, 2025 which could have an impact on the same or the larger cryptography market (Coindesk, February 7, 2025). However, feeling in the cryptography market can be influenced by IA -oriented commercial algorithms, which may have contributed to the increase in trading and volatility volumes. AI trading robots often react to the news and feelings of the market, and their actions could have exacerbated the sale in the same. The correlation between the AI -focused trading volumes and the same market would require more in -depth analysis, but initial observations suggest that IA trading could have played a role in the rapid price movements observed. Monitoring trading volumes focused on AI and their impact on the feeling of the cryptography market remain crucial to understand the future potential negotiation opportunities in the IA-Crypto crossover.