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A widely followed crypto analyst says that one crypto asset linked to President Donald Trump could see a massive crash while updating his outlook on a handful of altcoins. In a new thread, crypto analyst Ali Martinez tells his 153,800 followers on X that World Liberty Financial (WLFI) – a decentralized finance (DeFi) protocol launched by Trump last year – could plunge all the way down to $0.10 after failing to hold support. “World Liberty Financial WLFI lost $0.20 as support! Now, $0.15 and $0.10 are in play.” Source: Ali Martinez/X WLFI is trading for $0.167 at time of writing, a 23.2% decrease on the day. A drop to Martinez’s price point would represent a 70% drop for WLFI from its all-time high price of $0.33. Moving on to the smart contract platform Cardano (ADA), Martinez says he expects the asset to dip to $0.80 before once again skyrocketing. “Cardano could see another dip to $0.80 before attempting a bullish breakout!” S...

Upcoming web3 shooter game Shrapnel is about to become available for early access on the Epic Games Store marketplace. A Call of Duty-style blockchain video game Shrapnel is set to become available for early access from Feb. 8 till Feb 10., between 1 pm and 9 pm PT. Dubbed Shrapnel Training Exercises One (STX1), the game’s initial build will enable players to experience one of the characters at their highest progression level. Players will have the opportunity to test three different firearms, a grenade, and a unique “Sigma ability.” Are you ready for @playSHRAPNEL #STX1 STX1 Specifics – Dates: Feb 8–10, 2024, 1PM – 9PM PST – Prize Pool: $100,000 in SHRAP – Mode: Solos, featuring Sigma Wave ability – Weapons: Pistol, AR, Shotgun, plus throwables & medipen – Max 12 players per map ️ pic.twitter.com/BgtiZprpX6 — Crypto Class (@AlexiosKonstan) February 3, 2024 Those interested in early access would have to buy an ...

AVAX price has been in a strong rally since the start of 2023, but a sustained uptick in its DeFi components is needed in order to sustain the current bullish momentum. Avalanche (AVAX) witnessed a meteoric start to 2023, gaining 98% in 30 days, and traders are now curious about whether the rally will extend throughout February. AVAX’s year-to-date gains for 2023 have outpaced those of Bitcoin (BTC) and Ether (ETH). Recent reasons for AVAX’s rally can be attributed to an Amazon partnership announcement on Jan. 11. The partnership is meant to easily deploy nodes on the Avalanche blockchain with Amazon Web Services (AWS). Ava Labs, which supports the Avalanche ecosystem, hopes the partnership increases blockchain usage for enterprises and governments. While AVAX price has benefited from the news, some analysts predict that the move could have been a bull trap. Let’s dig into the fundamentals to see if on-chain network activity supports the recent AVAX rally. AVAX fees from DeFi are up ...