In a market driven by hype, innovation, and shifting liquidity, today’s biggest movers paint an interesting picture. Berachain stole the spotlight with an explosive 10x surge following its highly anticipated mainnet launch and $632M airdrop, while STPT continued its evolution into AWE Network, signaling growing interest in Autonomous Worlds.
Meanwhile, Miracle Play is gaining traction in blockchain gaming through strategic esports partnerships, and LUNA is bracing for its next big upgrade. However, not all coins are seeing bullish momentum - TRUMP has dropped sharply from its peak, reflecting shifting trader sentiment.
From rebrands and blockchain gaming to mainnet launches and network upgrades, today’s market trends provide insight into the sectors currently driving activity. Here’s a closer look at what’s making headlines.
Berachain (BERA)
Price Change (24H): +10.59% Current Price: $9.96
What happened today
Berachain saw an explosive debut as it launched its mainnet on February 6, accompanied by a massive $632 million token airdrop. The token was listed on major exchanges, including Binance, Bybit, Upbit, Bithumb, and OKX, contributing to a surge in trading volume. The price of BERA skyrocketed from just $1 to $10, reflecting the immense anticipation surrounding the project. Additionally, Berachain received further ecosystem support with Magic Eden, the largest NFT marketplace, announcing its upcoming integration with the network. This move enhances Berachain’s multi-chain appeal and positions it as a key player in the blockchain space.
Market Cap: $1.07B 24-Hour Trading Volume: $1.47B Circulating Supply: 107.48M BERA
STP (STPT)
Price Change (24H): +7.19% Current Price: $0.06865
What happened today
STPT is undergoing a major transformation as it rebrands to AWE Network, a shift that aligns with its vision of developing Autonomous Worlds. This transition follows the introduction of the Autonomous Worlds Engine (AWE), a modular framework designed to create self-sustaining digital environments where AI-driven agents can interact and evolve. The rebranding was met with overwhelming support, with 98% of community members voting in favor of converting STPT tokens to AWE. Additionally, STP’s Web3 gaming project, Eternal Legacy, has been gaining traction, reaching approximately 80,000 daily active users. The project also expanded its reach through partnerships, including a collaboration with Based India for an Autonomous Worlds track at the Base AI Hackathon in Bangalore.
Market Cap: $133.34M 24-Hour Trading Volume: $195.5M Circulating Supply: 1.94B STPT
Miracle Play (MPT)
Price Change (24H): +16.23% Current Price: $0.03587
What happened today
Miracle Play is making significant strides in the esports sector with its latest partnership with EsportsXO to expand into the MENA region. This collaboration strengthens Miracle Play’s presence in the competitive gaming industry, enabling it to leverage blockchain technology to host transparent and secure tournaments. With a rapidly growing user base of over 500,000 players, the platform has gained attention through major events like G-Festa. By integrating blockchain technology, Miracle Play ensures fair play and automated reward distribution, reinforcing its commitment to a decentralized and trustless esports ecosystem.
Market Cap: $29.63M 24-Hour Trading Volume: $3.18M Circulating Supply: 824.65M MPT
Official Trump (TRUMP)
Price Change (24H): -7.62% Current Price: $17.81
What happened today
After previously reaching an all-time high of $74.77, the TRUMP token has experienced a significant decline, now trading at around $17.81. A key factor influencing market sentiment today was the announcement of a liquidity migration on Meteora, shifting from a 1% base fee pool to a 0.10% base fee pool. This adjustment has raised concerns among traders about potential liquidity impacts. Furthermore, the token’s 24-hour trading volume fell by 10.05%, suggesting a decrease in market activity and investor confidence.
Market Cap: $3.56B 24-Hour Trading Volume: $2.15B Circulating Supply: 199.99M TRUMP
Terra (LUNA)
Price Change (24H): -8.63% Current Price: $0.2423
What happened today
LUNA faced a notable price decline as Binance announced its support for an upcoming network upgrade and hard fork scheduled for February 4, 2025. The upgrade will introduce adjustments to the Axelar Bridge Account, prompting Binance to temporarily suspend deposits and withdrawals for LUNA. While trading remains unaffected, uncertainty surrounding the update has led to increased volatility in LUNA’s price. Interestingly, despite the price drop, LUNA’s 24-hour trading volume surged by 194.82%, indicating heightened trading activity as investors react to the impending changes.
Market Cap: $172.03M 24-Hour Trading Volume: $142.33M Circulating Supply: 709.98M LUNA
Closing Thoughts
Today’s market action highlights two key trends: major network upgrades and the rising dominance of blockchain gaming and AI-driven worlds. Berachain’s dramatic price rally showcases the power of new Layer-1 launches with strong exchange support and community anticipation, while STP’s shift into the Autonomous Worlds sector underscores increasing participation in AI-driven ecosystems. Gaming tokens like Miracle Play are showing strong engagement, particularly in esports, where blockchain’s ability to provide transparency and automation is gaining recognition.
On the downside, TRUMP’s decline and LUNA’s sell-off suggest that investors are reallocating funds into newer, more promising projects, favoring emerging Layer-1s, AI-integrated ecosystems, and gaming over older, risk-heavy tokens. Market sentiment remains volatile, but coins with strong technical developments and adoption potential continue to attract the most attention.
Disclaimer: The information provided in this article is for educational purposes only and should not be considered financial or legal advice. Always conduct your own research or consult a professional when dealing with cryptocurrency assets.