Dogizen Prepares for Open Market as Major Cryptos Recover

Krypto majors fell at the start of Monday’s session as financial markets reacted to President Trump’s decision to impose hefty tariffs on his main trading partners. The resulting risk-off tone pushed digital assets to several-month lows, but savvy investors saw a buying opportunity. Since then, coins such as Ripple and Bitcoin have staged notable recoveries, with Bitcoin reclaiming the psychologically important $100,000 area.

At the same time, crypto projects in innovative subsectors are benefiting from improved market sentiment and renewed appetite for breakthrough ventures. Dogizen, a new entrant in the GameFi space, appears positioned for rapid growth as it leverages Telegram’s broad reach and an increasingly pro-crypto policy environment.

With less than a week until it hits the open market, DOGIZ tokens are in high demand. Crypto enthusiasts note that the current price may be the lowest the project reaches before a potential surge in adoption and value.

Ripple’s impressive rebound as investors buy the dip

Earlier on Monday, Ripple extended losses from the previous session, slipping below the rising trendline that connected several lows since mid-November 2024. The coin fell to a two-month low of $1.7610 before recovering some ground to trade around $2.6902 at the time of writing.

Like most other cryptocurrencies, Ripple reacted to President Trump’s tariff announcement—25% duties on imports from key trading partners Canada and Mexico—and an additional 10% tariff on goods from China effective February 4.

After the rebound, the altcoin returned to trading above the medium-term 50-day EMA, although it remains below the short-term 20-day EMA. At its current level, Ripple is likely to find support near the 50-day EMA at $2.6255 while bulls build momentum to challenge resistance at the 20-day EMA near $2.9000. Notably, this bullish case remains intact as long as Ripple stays above the critical $2.5000 zone.

Bitcoin price chart
Bitcoin price chart

Dogizen enters the final stretch as a wide playing field opens

Dogizen is in its final phase, with the presale scheduled to end on Friday, February 7. Over four months, the project has already raised $3.86 million.

Given the current momentum, Dogizen is likely to exceed its target as more experienced investors rush to secure tokens before the public listing. With favorable timing and significant growth potential, its current price of $0.000085 may represent the lowest point before broader market exposure.

As a small-cap crypto, Dogizen has greater upside potential and is positioned to deliver meaningful gains to early adopters once it reaches public markets.

Its listing also comes at a moment when the sector may benefit from President Trump’s policy moves. Less than a week after his inauguration, he ordered the establishment of a task force to propose digital asset regulations and to consider the creation of a national crypto depository.

Beyond a pro-crypto regulatory tilt, Dogizen stands to gain from its focus on Telegram’s gaming ecosystem. Telegram reports over 950 million monthly active users. Coupled with an expected crypto upcycle in 2025 and projected growth in GameFi, Dogizen could reach new heights.

The project has also sought to avoid the mass sell-offs that have hurt some rivals. Unlike tokens such as Catizen and Hamster Kombat, Dogizen pursued a structured presale rather than wide airdrops. That approach has resulted in a holder base made up of long-term, committed investors.

Read more about how to buy Dogizen here.

Ethereum nears oversold territory as crypto majors tumble

Ethereum Price

Ethereum price chart via TradingView

During Monday’s session, Ethereum dipped to a six-month low as markets reacted to the tariff announcement. It has since recovered to around $2,732.53 at the time of writing.

On the daily chart, the altcoin is approaching oversold territory with an RSI near 32, and the indicator is turning downward—signaling persistent selling pressure. At its current level, Ethereum hovers around the prior support zone at $2,750. Additional recovery would point bulls toward the next target at $2,926.18. Conversely, further selling could push the price to test support near $2,581.58.