TL;DR

• Bullish signals suggest a Dogecoin revival, with a breakout above $0.29124 potentially pushing the price to $0.50-$0.60.

• However, concerns arise as DOGE’s network activity and futures trading volume plummet, with warnings of a potential crash to $0.06 if the valuation drops below $0.19.

Can the Bulls Retake Control?

The past few days have been devastating for the cryptocurrency market, with the prices of numerous leading digital assets crashing by double digits. One of the worst affected was Dogecoin (DOGE), whose valuation is down almost 20% on a weekly scale and currently trades at roughly $0.21.

Some analysts, though, believe the bearish trend might soon be over. The popular X user Ali Martinez claimed that the meme coin appears ready for a rebound as the TD Sequential indicator flashes a buy signal on the daily chart. 

Rose Premium Signals also outlined a bullish forecast. The industry participant assumed that DOGE approaches “a key reversal zone,” claiming that a breakout above $0.29124 could confirm a rally toward new peaks. The X user thinks the long-term targets sit at around $0.50-$0.60, with the potential for further upside. 

“If momentum continues, Dogecoin could reclaim its meme coin throne and push toward higher levels,” they concluded.

The Bearish Scenario

Contrary to his optimistic prediction, Martinez recently presented some worrying data involving the biggest meme coin in terms of market capitalization. He estimated that Dogecoin’s network activity has dwindled in the past few months, with new addresses dropping from almost 1.3 million in November 2024 to just 30,815 as of today (February 27).

Additionally, DOGE’s total futures trading volume has tumbled from $58.2 billion in November last year to just $992 million on February 26.

These developments typically signal reduced user engagement, which could be interpreted as bad news from investors and hamper interest in the meme coin. 

Earlier this week, Martinez saw a probability of a DOGE price crash to as low as $0.06. He believes this could happen if the price plunges below $0.19. As mentioned above, the valuation plummeted substantially in the past few days but did not go below the depicted mark. 

Bitcoin’s nosedive continued in the past 24 hours as the asset plunged to another multi-month low of just over $82,000 before it managed to recover some ground.

Ethereum is the top loser from the larger-cap alts today, while LTC and AVAX stand with minor gains after another massacre.

BTC Rebounds to $86K

A lot can change in the cryptocurrency markets in the span of a week, and sometimes even less. Just last Friday, the largest of the bunch was climbing confidently toward $100,000 after gaining more than five grand in a few days.

However, the Bybit hack stopped its ascent and pushed it south to $96,000 during the weekend. Trump’s tariffs and other controversial economic measures, as well as the growing concerns about rising inflation, pushed investors away from BTC and the ETFs, with massive outflows for several consecutive days now.

The primary cryptocurrency dropped to $94,000 on Monday, but the real pain was observed on Tuesday, with a slump to $86,000, and on Wednesday, with another decline to $82,100 (on Bitstamp). The latter became the new three-month low.

Although BTC has recovered some ground since then and now sits above $86,000, it’s still 3% down on the day. Its market cap has dropped to $1.7 trillion, and its dominance over the alts has decreased to 57.5% on CG.

ETH Down, LTC Up

Ethereum continues to dig new lows and dropped toward $2,200 yesterday. It now sits above $2,350, but it is still down by 5% since this time yesterday. XRP, BNB, DOGE, ADA, TRX, XLM, SUI, and TON are also in the red from the larger-cap alts.

In contrast, AVAX and LTC have marked gains of over 3% within the same timeframe. APT has stolen the show after recent speculations about an ETF tracking its performance and has soared by 7% to over $6.1.

The total crypto market cap, though, has shed another $70 billion since yesterday’s peak and is down to $2.970 trillion on CG.

[PRESS RELEASE – Santa Clara, California, February 27th, 2025]

CARV, the leading AI chain ecosystem for data sovereignty, is making a major leap forward in the decentralized AI movement. Today, they are open-sourcing the D.A.T.A. (Data Authentication, Trust, and Attestation) Framework is designed to provide AI agents verifiable access to on-chain and off-chain data.

The D.A.T.A. Framework is now fully available on GitHub: GitHub Repository

This move marks a significant milestone in CARV’s mission to democratize AI data access, enabling developers worldwide to build, refine, and scale AI agents with trustless, structured, and privacy-preserving data.

The Value of Open Source in AI Development

By open-sourcing D.A.T.A. Framework, CARV is empowering developers to build AI agents that don’t just react—they reason, adapt, and optimize interactions in real-time using on-chain and off-chain data. This marks the first open-source AI agent framework that:

• Brings DeepSeek’s Chain-of-Thought Processing into Web3 – allowing AI agents to perform multi-step logical reasoning before taking actions.
• Enables multi-stage verification of AI decisions – ensuring that AI agents validate their own conclusions before executing transactions.
• Empowers AI agents with economic self awareness – AI agents can now own wallets, execute trades, and participate in tokenized ecosystems autonomously.
• Fosters decentralized knowledge networks – AI agents share insights and learn collectively instead of working in silos.

This is more than a data framework; it serves as the foundation for decentralized intelligence, enabling AI agents to interact, transact, and evolve within an open ecosystem.

Key Features of the Open-Source D.A.T.A. Framework

Capabilities for AI Developers:

• Real-Time On-Chain & Off-Chain Data Access: AI agents can fetch and process wallet transactions, smart contract activities, and even off-chain behavioral insights in real time.
• Cross-Chain Verification & Identity Mapping: With CARV ID, AI agents can categorize users, verify token holdings, and personalize interactions based on decentralized credentials.
• Economic Self-Awareness & Monetization: D.A.T.A. enables AI agents to manage wallets, distribute tokens, and optimize their decision-making based on token-driven intelligence.
• Privacy-Preserving AI Computation with TEE: Ensures secure, verifiable, and private AI execution while preventing unauthorized access to sensitive data.

By making D.A.T.A. 2.0 open-source, CARV is inviting developers, researchers, and enterprises to contribute to the evolution of AI reasoning in Web3, leverage token-driven intelligence to create AI-driven economies and push the boundaries of privacy-preserving AI execution

This open-source release is not just a step toward decentralization—it’s a call to action for the AI, Web3, and data sovereignty communities to build the next-gen AI models that can think, reason, and interact with digital economies in a truly decentralized way.

Starting Building with D.A.T.A. Framework: GitHub Repo

Users can join the Developer Community: https://discord.com/invite/GdrdpvzHxB

About CARV

CARV is building an AI chain ecosystem to enable data sovereignty at scale. By empowering AI agents with secure, unified infrastructure, CARV enables intelligent, collaborative operations through its SVM Chain, offering trustless consensus, cryptographic proofs, and verifiable execution. With the D.A.T.A Framework, CARV enriches AI with high-quality, on-chain and off-chain data, allowing agents to learn, evolve, and collaborate dynamically. With over 15M users and 8M CARV IDs, CARV ensures privacy and data control while providing AI agents with powerful, cross-chain insights, creating a secure, innovative ecosystem for both AI and human collaboration.

Supported by $50M in funding from top-tier investors like Tribe Capital, HashKey Capital, and Animoca Brands, and backed by a team of veterans from Coinbase, Google, and Binance, CARV is committed to fostering a decentralized future where data is a valuable, user-owned asset.