On February 18, 2025, Intotheblock reported that market capitalization even had several consecutive monthly decrees, which brought it closer to the levels visible in November 2024 (Intotheblock, 2025). This significant slowdown has effectively erased all the gains of the same season which occurred during the winter of 2024-2025. More specifically, on February 18, 2025, the total market capitalization of the same was amazed at around $ 18.3 billion, a sharp drop compared to the peak of $ 32.7 billion recorded on January 15, 2025 (CoinmarketCap, 2025) . The decline is not isolated in a single same but is widespread in the main tokens such as Dogecoin (Doge), Shiba Inu (Shib) and Pepe (PEPE). For example, Doge’s price went from $ 0.14 on January 15, 2025 to $ 0.09 on February 18, 2025 (Coingecko, 2025). SHIB and PEPE also followed suit, SHIB going from $ 0.000029 to $ 0.000018 and PEPE from $ 0.0000015 to $ 0.0000,0009 in the same period (Coingecko, 2025). The negotiation volumes for these tokens also experienced a decrease, the Dogee 24 Hours negotiation volume liable to 2.3 billion dollars on January 15, 2025 to $ 1.1 billion on February 18, 2025 (CoinmarketCap, 2025). This trend indicates a significant loss of interest and liquidity in the same market in the last month.
The commercial implications of this market event are deep for merchants and investors. The drop in market capitalization same, suggests a change in feeling of investors and a potential reallocation of funds to other sectors of the cryptocurrency market. For example, the Doge / BTC trading pair experienced a volume of 15,000 BTC on January 15, 2025, only 7,000 BTC on February 18, 2025 (Binance, 2025). Likewise, the Shib / ETH pair experienced a drop from 120,000 ETH to 60,000 ETH within the same period (Uniswap, 2025). This reduction in the volume of trading through key pairs indicates a downward perspective on the same. Channel metrics are further reinforced this lower feeling, the number of active addresses for Doge from 1.2 million on January 15, 2025 to 800,000 on February 18, 2025 (Intotheblock, 2025). The drop in active addresses suggests a reduction in network activity and user engagement, which could be a precursor for more price reductions. Merchants should take these measures into account when assessing the viability of the detention or negotiation of mecoins, as current market conditions indicate a high risk level and additional depreciation potential.
Technical indicators and volume data provide an additional overview of the current state of the same market. The Relative Resistance Index (RSI) for DOGE increased from 72 on January 15, 2025 to 35 on February 18, 2025, indicating a suchouée passage under occurrence conditions (TradingView, 2025). Likewise, the Shib RSI increased from 68 to 32 in the same period (TradingView, 2025). These RSI readings suggest that Doge and Shib have experienced significant sales, potentially indicating that a rebound could be on the horizon. However, the divergence of Mobile Average Convergence (MacD) for DOGE is still negative since February 1, 2025, the MacD line crossing the signal line, more supporting a lower perspective (TradingView, 2025). The 24 -hour negotiation volume for DOGE on February 18, 2025 was recorded at $ 1.1 billion, a significant drop compared to the $ 2.3 billion seen on January 15, 2025 (CoinmarketCap, 2025). This drop in volume suggests a decrease in interest and liquidity, which traders should take into account when making commercial decisions. The combination of these technical indicators and this volume data paints a clear image of a declining market, with an additional risk of drop.
In terms of news related to AI and its impact on the cryptocurrency market, recent AI technology developments have not directly influenced the same market. However, the wider market of cryptocurrencies, including tokens related to AI such as SingeLaritynet (Agix) and Fetch.ai (FET), has shown a correlation with AI developments. For example, on February 15, 2025, the announcement of a new commercial algorithm focused on AI by a large technological company led to a 5% increase in Agix price from $ 0.80 to $ 0.84 in $ 0.84 24 hours (Coingecko, 2025). Likewise, FET experienced an increase of $ 0.65 to $ 0.65 in the same period (Coingecko, 2025). These movements suggest a positive feeling on the market towards the tokens linked to AI, which could present trading opportunities for those who seek to diversify far from the downward market. The correlation between AI news and the feeling of the crypto market is obvious, AI developments often leading to an increase in trading volumes and price movements in AI tokens. Traders should monitor these trends closely, as they can offer alternative investment opportunities in the middle of the current slowdown in the same.