Crypto majors crumbled during the early Monday session as financial markets reacted to President Donald Trump’s decision to impose hefty tariffs on its key trade partners.

While the risk-off mood pushed the digital assets to multi-month lows, savvy investors saw an opportunity to ‘buy the dip’. Subsequently, the likes of Ripple and Bitcoin have recorded impressive rebounds with the latter getting back above the psychologically crucial zone of $100,000.

Meanwhile, crypto projects in innovative subsectors are gaining from the positive market sentiment and appetite for revolutionary projects. Dogizen, a new kid on the block in GameFi sector, is set for explosive success as it leverages Telegram’s wide reach and the expected pro-crypto environment. 

With less than a week left before it hits the open market, DOGIZ tokens are on high demand. Crypto enthusiasts acknowledge that its current price may be the lowest the project ever reaches on its path to explosive growth.   

Ripple price impressive rebound as investors buy the dip

Earlier on Monday, Ripple’s price extended its losses from the previous session; plunging below the ascending trendline connecting several of its lows since mid-November 2024. It has dropped to a two-month low at $1.7610 before reversing some of those losses to trade at $2.6902 as at the time of writing.

Similar to most other cryptocurrencies, Ripple’s price was reacting to Trump’s decision to impose 25% tariffs on imports from its key trading partners: Canada and Mexico. He has also signed an order imposing a 10% duty on goods from China from February 4.   

Following the rebound, the altcoin has gone back to trading above the medium-term 50-day Exponential Moving Average (EMA) even as it remains below the short-term 20-day EMA.

At its current level, it will likely find support along the 50-day EMA at $2.6255 as the bulls gather enough momentum to break the resistance along the 20-day EMA at $2.9000. Notably, this thesis will hold for a long as Ripple’s price remains above the crucial zone of $2.5000. 

Dogizen enters the home stretch as a broad playing field awaits

Dogizen is on its home stretch with the presale slated to end on Friday, February 7. In a span of four months, the project has already raised $3.86 million.

With this trend, it will likely surpass its target as more savvy investors rush to amass some Dogiz tokens in time. With its apt timing and immense growth potential, its current price of $0.000085 may be the lowest it will ever get to. 

As a small-cap cryptocurrency, it has a wider room for growth and is set to secure its early adopters hefty profits upon hitting the open market. 

Besides, its listing comes at a time when cryptocurrencies are expected to benefit from Trump’s policies. In fact, less than a week after his inauguration, he ordered for the establishment of a task force mandated to propose regulations on digital assets and consider the creation of the country’s crypto stockpile. 

In addition to the pro-crypto environment, Dogizen is also set to benefit from its positioning in the Telegram gaming subsector. To start with, Telegram has over 950 million monthly active users. Couple this with the anticipated crypto bull run in 2025 and expected explosion of the GameFi sector and Dogizen is bound to reach new heights. 

What’s more, the project has insured itself against the wave of dumps that has impacted its rivals in the past. Unlike tokens like Catizen and Hamster Kombat, Dogizen embraced a well-organized presale as opposed to airdrops.

This strategy has created the desired fruits with its holders comprising of long-term loyal investors. Learn more about how to buy Dogizen here.

Ethereum price nears oversold territory as crypto majors crumble

During Monday’s session, Ethereum’s price plunged to a six-month low as the markets reacted to Trump’s decision on tariffs. It has since rebounded to $2,732.53 as at the time of writing. 

A look at its daily chart shows the altcoin approaching the oversold territory at a Relative Strength Index (RSI) of 32. Besides, the indicator is facing downwards, pointing to the continuation of the current selling pressure.

At its current level, it’s hovering around the previously steady support zone of $2,750. Further rebounding will have the bulls eyeing the next target at $2,926.18. On the flip side, further selling pressure may have Ethereum’s price retest the support level at $2,581.58.