The āLiquidity Machinesā
Solanaās strong lead in DEX volume and revenue continues to support its bullish momentum against Ethereum in the SOL-ETH ratio.
Hereās what we got for you today:

š OKX To List PI Token ā Finally?
The wait is over. Pi Networkās PI token is officially hitting OKX Spot on 8:00 AM on February 20 (UTC). Itās been 6 years in the makingābut now, itās happening. š„š

Confirmed Listings & Supply Details
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Circulating supply: 6.041B PI
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Total supply: 9.294B PI
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Max supply: 100B PI
OKX Global have confirmed the listing on X (Twitter), so no, this isnāt fake news. š¢
Why Now? Pi Networkās Open Network Is Coming
Pi Network has finally met all 3 conditions for the Open Network launchāset for the same day as the listing. Millions of KYC users will now be able to connect Pi to dApps, unlocking real use cases.
Pi Networkās Reach Is Insane
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Top 3 most-used crypto app in KoreaĀ
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1.34M Korean users, trailing only Upbit (4.36M) and Bithumb (2.24M)
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More downloads than Coinbase, Binance & Bybit in Korea
The Fun Part: PI vs. IP?
OKX just announced PIās listing right after confirming the IP token (Story Protocol).
The funny part? Their names are literally just reversed (PI – IP). Coincidence? š¤
In case you donāt know about PI, hereās some information for you ā
Mining crypto for free? Pi Network made it possible. Since 2019, itās been letting users mine PI tokens on their phonesāno fancy hardware, no big investment. Just tap and earn. š±š°
Making Crypto Easy for Everyone
Unlike Bitcoin or Ethereum, Pi Network removes the tech headaches. No need for expensive rigs or high electricity costs. Thatās why itās got 13M+ downloads across Google Play & App Store. š
š Market Makers: The āLiquidity Machinesā
Ever placed a trade and felt like the market was moving against you?
Like someone was watching your every move?
Itās not paranoia. Itās how the game works.
Behind every buy and sell order, thereās a force making sure trades happen.
Meet the Market Makers.
Theyāre not some secret society pulling the strings, but they do have the power to influence price action. Hereās how they operate and why it matters.
Market Makers arenāt villains lurking in the darkātheyāre the ones ensuring trades actually happen.
They buy when you sell. They sell when you buy. They keep markets moving.
Without them, you’d be waiting forever to match with another trader. But they donāt do it for free.
They profit from the spreadāthe tiny difference between buy and sell prices. Multiply that by thousands of trades per day, and it adds up fast.

They are the uncles walking around the New York Stock Exchange with their iPads.
Can Market Makers Manipulate Prices? ⦠Absolutely.
Market manipulation is real, but itās not unique to crypto.
Ever heard of gold price rigging? Stock market pump-and-dumps? Real estate price fixing?
Itās the same game. Crypto just gets a bad rap because regulations are still catching up.
The bigger issue? Less regulation = easier manipulation. And right now, crypto is like the Wild West.
Even Market Makers Lose the Game
Theyāre not invincible.
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Alameda Research ā Bankrupt
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Auros Global ā Heavy losses and on the brink of bankruptcy in 2022
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GSR Markets ā Not officially bankrupt but has significantly scaled back operations after suffering huge losses
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Wintermute ā A major market maker was hacked for $160 million but survived
They might move markets, but when things go wrong, they take massive hits too.
Is Bitcoin Following 2017ās Price Trend?
Some analysts think so.
Bitcoinās current trajectory looks eerily similar to 2017ās bull run. If history repeats, we could see a major move by the end of the year.

Will it actually happen? No guarantees. But the 4-year cycle theory says itās worth paying attention to.
The Market Moves in CyclesāAnd Patience Pays
Crypto has three moods:
š Prices pump ā Everyone’s euphoric
š Prices drop ā Everyone panics
ā³ Prices move sideways ā Everyone gets bored
Right now? Weāre in the “bored” phase. Bitcoin is not growing (sideways) for a long time (From Feb 2024 – Nov 2024).
But history shows thatās usually when smart money loads up.
Final Takeaway: Trade Smart, Store Smarter
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Donāt keep too much money on exchanges. Hacks happen.
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Avoid trading based on FOMO/FUD. Price manipulation is real.
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Long-term trends matter more than short-term noise.
Market Makers may play their gamesābut in the long run, supply and demand always win.
ā Top Highlight in Crypto Today
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š Base aims for 25M users, 25K developers, and $100B in assets this year. But Coinbaseās ETH sell-off could put pressure on Ethereum prices.
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āļø Binance and the SEC asked for a 60-day pause in their lawsuit, citing a new task force. Trumpās crypto-friendly stance is changing SEC priorities, sparking debate over enforcement. The SEC recently set up a crypto task force to create clearer rules for the industry. Its decisions could affect the lawsuit’s outcome.
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š Solana outpaces Ethereum. Solanaās DEXs hit $60M in trading volume, nearly double Ethereumās. It also earned more revenue ($25M vs. $16M), strengthening its bullish case against ETH. In January, it led with $258B vs. ETHās $86B. Despite low fees, Solana earned $25M revenue, fueled by memecoins
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š„ SEC Commissioner Hester Peirce said the Presidentās meme coin makes her job harder. The SEC reviews tokens case by case.
āļø TONCOIN: From Telegramās Blockchain To A Growing Crypto Ecosystem
The story of Toncoin? A mix of ambition, setbacks, and a major community comeback.
It started as a Telegram project. Got shut down by regulators. Then found new life thanks to developers who refused to let it die.
Now? Itās a thriving ecosystem with billions in market cap, deep Telegram integration, and some serious backing from major funds.

The Rise, Fall, and Revival of TON
Back in 2018, Telegram set out to build a blockchaināThe Open Network (TON).
The goal? A fast, scalable platform that could integrate seamlessly with Telegram.
Then came the SEC. By 2020, legal pressure forced Telegram to step away, refund investors, and abandon the project.
But the community wasnāt ready to give up. Developers took over, rebranded it as The Open Network (TON), and kept building.
Now, Toncoin is the networkās native currency, used for transaction fees, staking, and governance.
As ofĀ today, hereās whereĀ TON stand by (Data by CoinMarketCap)
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Price:Ā ~$3.89
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Market Cap:Ā ~$9.69B
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Circulating Supply:Ā ~2.49B TON
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All-Time High:Ā $8.24 (Jun 15, 2024)
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1-Year Growth:Ā 84.00%
Major Achievements in 2024 (Data by TON Ecosystem 2024 Year-End Report)
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TON became a top-10 blockchain, driven by mass adoption through Telegram.
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TON Mini Apps surpassed 200 million total users, making Web3 access seamless inside Telegram.
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TON DeFi exploded, with a 55x growth in Total Value Locked (TVL).
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USDt on TON launched in April 2024, becoming Tetherās fastest-growing asset.
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Telegram Stars & Gifts launched, allowing TON-based microtransactions inside Telegram.
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Over 36.2 million new on-chain wallets were created, a 55x increase from 2023.
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$60M earned by Mini App developers using Telegramās monetization tools.
The TON Ecosystem: More Than Just a Coin
TON isnāt just another blockchaināitās a full-stack ecosystem with real use cases.
Some of its key applications include:
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Toncoin: The networkās fuel, powering transactions, staking, and governance.
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TON DNS: A decentralized naming system that replaces long wallet addresses with human-readable names.
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TON Storage: A decentralized file storage solution that removes the need for centralized servers.
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TON Proxy: A privacy-focused network layer that shields users from censorship.
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TON Payments: A fast, low-cost payment system enabling micropayments within the ecosystem.
And it doesnāt stop there.
TON is now deeply integrated with Telegram, used for Telegram ads, creator rewards, and premium services.
Add decentralized exchanges, NFT platforms, and staking services to the mix, and youāve got a blockchain thatās actually being used.

Big Money Is Betting on TON
Crypto funds are pouring millions into TONās future.
Hereās a look at whoās backing the network:
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Pantera Capital: Their largest investment ever was in TON, followed by another $20M in December 2024.
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TONcoin.Fund: A $250M fund targeting infrastructure, DeFi, gaming, NFTs, DAOs, and SocialFi.
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TON Ventures: Launched in August 2024 with a $40M fund for early-stage consumer apps.
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TVM Ventures: A $100M fund focused on DeFi and payment finance (PayFi).
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Yolo Investments: Pledged $8M for TON startups like Tonstarter, Fanton, and PlayDeck.
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OKX Ventures: Invested $5M in TON Ventures to build Telegram-native apps.
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Bitget & Foresight Ventures: Announced a $30M investment in the TON blockchain.
Clearly, big investors see something in TON.
Latest Developments: Telegram Partnership & Bitcoin Integration
TON isnāt just attracting moneyāitās also making big moves.
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Telegramās Exclusive Partnership with TON
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TON is now the only blockchain officially supported by Telegram.
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By Feb 21, 2025, third-party crypto wallets must integrate with TON Connectāor get cut off.
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This has sparked debates on decentralization, but it also cements TONās position within Telegramās ecosystem.
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BTC holders can now use their Bitcoin within TONās DeFi ecosystem.
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That means new options for yield farming, collateral, and DeFi applicationsāall without leaving the TON network.
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New Wallet (W5) introduced gasless transactions and 25% lower fees.

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Tact smart contract language saw 4x growth, becoming the leading choice for TON developers.
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USDt on TON is taking off. Itās now one of the fastest-growing stablecoin ecosystems, backed by Binance, OKX, and Copper. In just months, it processed 26 million transactions across 3.5 million wallets, proving its real-world demand.
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Social games fueled massive growth. Games like Notcoin, DOGS, Catizen, and Hamster Kombat brought millions into TON. Notcoin surpassed 10M users in only 2 weeks since launch even became the worldās second most traded asset at one point. 28 million wallets were created through airdrops, making TON a leader in Web3 gaming. Notcoin also ranked in the top 5 biggest airdrops of 2024, distributing more than $2 billion in value

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Telegram fully integrated TON.Ā Ads, Stars, and in-app purchases now run on Toncoin, bringing crypto directly into 950 million Telegram usersā hands. Telegram Ads alone generated $85M in Toncoin revenue, and 160,000 users paid for Telegram Premium using Toncoin.
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Funfact: Telegram now forces all third-party wallets to use TON Connect by February 2025, meaning you either integrate with TON or get kicked out. Itās like Telegram saying, “My house, my rules!”Ā šŖ
The Bottom Line: TON is a blockchain that not only survived an SEC crackdown but has also thrived, securing billions in market cap and deep integration with one of the worldās biggest messaging platforms. With growing investment from top-tier funds and continuous ecosystem expansion, the question isnāt whether TON has a futureāitās how big that future will be.
𤔠Meme Of The Day

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