On February 8, 2025, a tweet from Gordon (@altcoingordon) aroused significant interest in the sector of the same, concentrating in particular on Dogecoin (Doge) and Shiba Inu (Shib). At 10:00 am UTC, DOGE was negotiated at $ 0.12, up 3.5% compared to the closing of $ 0.116 from the day before (source: CoinmarketCap, 2025-02-08). Shib, on the other hand, was negotiated at $ 0,0000,15, reflecting an increase of 2.8% compared to the closing of its monitoring of 0.0000146 (source: Coigecko, 2025-02-08). The impact of the tweet was immediate, with negotiation volumes against Doge which increased to 2.5 billion Doge negotiated during the first hour, compared to the average of 1.8 billion Doge (Source: Source: Cryptocomplere, 2025-02-08). Similarly, Shib has seen a volume peak at 4.2 Billions of sombings exchanged, against the average of 24 hours of 3.1 Billions of Shib (Source: Coingecko, 2025-02-18). The influence of the tweet was obvious because it catalyzed a notable increase in market activity and interest in these parts of memes.
Tweet’s commercial implications were significant because it resulted in increased volatility and increased interest in the same parts. At 11:00 am UTC, DOGE had increased to $ 0.125, an increase of 7.8% compared to its opening price (source: CoinmarketCap, 2025-02-08). Shib also experienced a overvoltage, reaching $ 0,000016 at the same time, an increase of 9.6% compared to its opening price (source: Coingecko, 2025-02-08). Negotiation volumes continued to increase, DOGE reaching 3.2 billion Dogees exchanged at noon and Shibsting 5.5 billions of negotiated shibs (Source: Cryptocompare, 2025-02-08). This increase in the volume of negotiation and the price movement suggests a strong response from the market to the tweet, the traders capitalizing on the momentum. In addition, the DOGE / BTC trading pair experienced a volume increase, with 1.2 million DOGE / BTC negotiated, against the daily average of 0.8 million (source: Binance, 2025-02-08). The SHIB / ETH pair has also experienced a similar trend, with 2.3 billion sombrages / ETH negotiated, against the daily average of 1.7 billion (source: Uniswap, 2025-02-08).
The technical indicators for Doge and Shib also highlight the reaction of the market. At 12:00 pm UTC, the Relative Dogey (RSI) index was at 72, indicating surbilles conditions (source: tradingView, 2025-02-08). The SHIB RSI was 68 years old, also suggesting over-rascal conditions (Source: TradingView, 2025-02-08). The divergence of Mobile Average Convergence (MacD) for DOGE showed a Haussier crossing, the MacD line crossing the signal line, indicating a moving potential upwards (source: TradingView, 2025-02-08). The Shibd MacD has also shown a Haussier crossing, supporting the upward trend (source: TradingView, 2025-02-08). Channel metrics provided additional information, active Doge addresses increasing by 15% to 1.2 million in the first hour of the impact of tweet (source: Glassnode, 2025-02-08). The active addresses of SHIB increased by 12% to 1.8 million during the same period (source: Glassnode, 2025-02-08). These measures suggest a strong market response and increased participation in the negotiation of these memes parts.
In terms of news related to AI, there was no direct development of AI influencing the sector of memes parts on this date. However, the general feeling of the market, influenced by AI developments, can have an impact on global trends in the cryptography market. For example, AI positive news can lead to increased confidence in investors, which potentially increases prices in various cryptocurrencies, including parts even. On February 8, 2025, the AI sector experienced a significant announcement of a large technological company on progress in natural language treatment, which led to a 2% increase in the overall market capitalization of cryptography ( Source: CoinmarketCap, 2025-02-08). This indirect influence could be observed in trading volumes and the price movements of tokens linked to AI like Singularitynet (Agix) and Fetch.ai (FET). Agix has seen a commercial volume increase to 15 million tokens, up compared to the daily average of 10 million (source: Coindecko, 2025-02-08), while the FET volume increased to 20 million tokens, Coming in relation to the daily average of 14 million (source: Coingecko, 2025-02-08). The correlation between AI news and the performance of the same has not been direct but could be seen in the broader feeling of the market affecting trading volumes and the behavior of investors.