Over the past few months, many people in the crypto world have been asking the same question — what’s the next 100x coin? While some believe the AI crypto sector is no longer exciting, the truth is that artificial intelligence (AI) projects, especially AI agents, might just be getting started again.
The Rise and Fall of AI Crypto
AI crypto projects saw massive growth toward the end of 2024, with the market value hitting $70 billion in December. But soon after, things took a turn. The AI crypto market dropped sharply to around $24 billion. This made many investors lose interest, especially as other crypto sectors also slowed down due to market uncertainty.
However, in the past week, there’s been a positive shift. The market cap for AI crypto has bounced back to around $31 billion. Although altcoins haven’t fully recovered yet, experts believe this could be a good time to start paying attention.
Why AI Agents Still Have Potential
AI agents — special crypto tools powered by artificial intelligence — were a huge part of the earlier AI craze. Even though many of these projects fell in value, some have continued developing behind the scenes. The idea is simple: in crypto, the best time to invest is usually when nobody else is talking about it.
For example, projects like Virtuals Protocol have started showing signs of life again. In just the past week, Virtuals’ price has jumped by over 60%. This project aims to make it easy to launch and monetize AI agents and connect them within its ecosystem. Although it once hit $4.50 in January, it’s now trading under $1, showing how far it’s fallen — and how much room it might have to grow again.
Other AI Coins to Watch
Two other AI-related coins catching attention are AIXBT and Tric:
AIXBT: Once a popular AI agent platform for crypto research and analysis, it’s recently gained around 70% in a week. While it’s still far from its all-time high, some believe it has the potential to recover as interest in AI agents returns.
TRAC: A similar platform on the Solana blockchain, TRAC had a massive run-up before crashing. It now sits at a very low market value of $3 million, compared to its previous $100 million peak. While risky, small market cap coins like this sometimes offer big returns — but also come with high risks.
Dogecoin price holds steady above $0.16, showing resilience amid Tesla’s $30B stock decline and broader market volatility this week.
Dogecoin Price Stabilizes as Tesla Loses $30 Billion Amid Trump’s Tariff Shock
Dogecoin (DOGE) has stabilized above the $0.16 level, showing notable resilience despite broader volatility in the crypto and equity markets.
After briefly dipping to $0.12 last Wednesday, following former President Donald Trump’s surprise announcement of sweeping tariffs, DOGE rebounded and currently trades 4% higher from that weekly low.
Dogecoin price action, April 6 | Source: CoinMarketCap
DOGE resilient price performance aligns with a broader trend: top cryptocurrencies increasingly decoupling from the volatility that plagues traditional equities and commodities.
Tesla Takes $30 Billion Hit as Elon Musk Faces Political Pressure
Tesla (TSLA) stock has emerged as one of the most heavily impacted assets in the wake of Trump’s trade announcement. U.S. equities suffered a dramatic selloff, with the Dow Jones Industrial Average plunging over 3,000 points and the S&P 500 falling by 8% within five trading sessions.
As expected, Tesla (TSLA) stock price took a major hit due to Elon Musk’s prominent role in the Trump administration’s newly-formed Department of Government Efficiency.
Tesla (TSLA) stock loses $30B after Trump’s tariff, April 6 2025 | Source: NASDAQ
With the electric vehicle giant thrust into political and economic crossfire, Tesla shares currently trade at $239, down 4% on the week and 10% over the past 30 days.
At a current market cap of $750 billion, over $30 billion in shareholder value has been erased since the tariffs were announced.
Is Dogecoin Price Finally Decoupling from Elon Musk’s Influence?
Against this backdrop, Dogecoin’s stability above $0.15 has raised questions: is DOGE beginning to decouple from Elon Musk’s influence?
1. Musk’s Influence on DOGE Is Fading
Elon Musk, long seen as a de facto mascot for the Dogecoin community, has historically had influence over DOGE price action.
In past years, events such as Tesla’s earnings calls, SpaceX launches, and even cryptic tweets from Musk often triggered short-term rallies in DOGE price.
But recent events suggest a shift in sentiment. In January 2025, DOGE price briefly tested yearly timeframe peaks above $0.40 after Musk’s government office teased a DOGE logo on its official site.
Speculation quickly spread that Dogecoin might be adopted for government-related transactions. However, Musk personally clarified last week that the administration has “no current intention” of adopting DOGE for official use—promptly quashing those rumors.
Another key factor behind Dogecoin’s decoupling from Elon Musk’s influence is Trump’s private crypto interests In March, the administration announced its “Crypto Strategic Reserve,” which conspicuously excluded Dogecoin. The move was seen by many as a sign that DOGE would not receive institutional or governmental support.
Adding to the sentiment, Trump launched his own memecoins—TRUMP and MELANIA—during his inauguration.
These tokens, alongside WLFI, a pro-Trump crypto PAC, have since dominated the altcoin narrative, effectively crowding out Dogecoin from the political meme coin arena.
This exclusionary stance diminishes the likelihood that Dogecoin will receive direct endorsements or adoption from the current administration, despite Musk’s presence within it.
3. Dogecoin Remains Insulated from Tesla’s Trade War Risk
Dogecoin’s price resilience also stems from its insulation from the economic risks now weighing on Tesla.
While Tesla faces serious exposure to retaliatory tariffs from major trade partners like China and Canada—threatening its supply chain and Q2 earnings—Dogecoin operates independently of such traditional business cycles.
The memecoin’s lack of ties to physical goods, manufacturing, or logistics shields it from geopolitical shocks that affect multinational corporations.
As a result, DOGE appears increasingly insulated from Tesla’s financial performance and the broader trade war fallout.
DOGE Price Forecast: $0.15 support cluster must Withstand Short-term Risks
Dogecoin’s stable price action this week, despite Tesla losing $30 billion in market value, signals a maturing market dynamic. Investors are beginning to view DOGE as an asset less exposed to Elon Musk’s influence and more driven by its own market fundamentals.
From a technical standpoint the current Dogecoin price forecast signals lean neutral-to-bearish.
After a brief 5.14% recovery over three sessions the two consecutive red candles that followed now put the immediate support at $0.15 at risk.
Since closing Friday at $0.16, Dogecoin struggles to hold above the 20-day EMA resistance at $0.17. This rejection at the moving average signals insufficient buying pressure to drive the next leg-up.
Dogecoin price
Beyond that, Dogecin trading volumes remains flat at 402.82 million DOGE, showing weak conviction from bulls.
The True Strength Index (TSI) also slipped to -0.82, a clear sign of continued bearish momentum. With TSI below the zero line, a downside continuation is likely if demand doesn’t resurface soon.
If bears push below $0.15, the next downside target lies at $0.142—where DOGE last found support on April 3. On the upside, bulls must reclaim the $0.17 level to target the stronger resistance cluster between at $0.20, near the 50-day EMA.
Cardano (ADA) has struggled to maintain $1 as support, facing resistance that led to a sharp 9% decline in the last 24 hours. Despite this downturn, traders appear increasingly bullish.
With ADA currently trading at $0.80, the recent price action has sparked optimism, opening the door for a potential recovery.
Cardano Enthusiasts Are Certain Of Recovery
Cardano’s funding rate is on the verge of turning positive after nearly a week in the negative zone. This shift indicates a potential change in trader sentiment.
When the funding rate is negative, short sellers dominate, showing bearish sentiment. However, as the rate moves toward positive territory, it suggests traders are now placing more long contracts than short, signaling confidence in a price rebound.
The shift in sentiment follows ADA’s price drop to $0.80, allowing traders to enter positions at lower levels. Many now anticipate an uptrend, believing the cryptocurrency’s recovery is imminent.
One key metric supporting Cardano’s potential recovery is the Market Value to Realized Value (MVRV) Long/Short Difference, currently at 23%. This metric assesses the profitability of long-term holders (LTHs) versus short-term traders.
A positive value indicates LTHs are sitting in profits, reinforcing market stability.
Long-term holders often act as the backbone of an asset, and their profitability supports overall market health. As these investors see their positions return to profit, they are less likely to sell, reducing downward pressure on ADA’s price.
Cardano’s price fell by 16.8% over the past 48 hours, struggling to breach the $0.99 resistance level. This sharp decline pushed ADA to its current trading price of $0.80, leaving traders assessing potential recovery scenarios.
Despite the drop, Cardano has maintained support above $0.77, suggesting a possible bounce. If the funding rate flips positive and macro momentum remains strong, ADA could reclaim $0.85 as support.
A successful flip would enable Cardano to retest $0.99 and potentially establish $1.00 as a new support level.
However, risks remain. If broader market conditions deteriorate, ADA could lose its footing above $0.77. A break below this level would invalidate the bullish outlook, exposing Cardano to a further decline towards $0.70.
The crypto landscape in India remains a grey area, with the Asian superpower yet to establish a comprehensive crypto regulation framework. However, recent developments indicate that India is moving toward stricter oversight of the cryptocurrency industry.
The Financial Intelligence Unit of India (FIU-IND) has ordered all crypto exchanges operating in the country to update their users’ Know Your Customer (KYC) details by June 30, 2025. This move is seen as part of India’s broader efforts to strengthen crypto regulation and ensure tax compliance.
Why the FIU Is Updating KYC Rules
According to reports, a Financial Intelligence Unit investigation revealed that several users and exchanges were not adhering to the 1% TDS (Tax Deducted at Source) rules applicable to crypto transactions. To address this, the FIU-IND mandated that all crypto exchanges must reverify and update user accounts to prevent violations of the Prevention of Money Laundering Act.
June 30 Deadline: What Crypto Users and Exchanges Need to Do
Crypto exchanges must now request users to reverify their KYC details, including submitting essential information such as their Permanent Account Number (PAN), before the June 30 deadline. Failure to comply may lead to regulatory action.
Crypto Industry’s Reaction
Leading global and local exchanges, including Binance, have already begun notifying users about the KYC re-verification process. Local blockchain advocacy group Bharat Web3 Association welcomed the FIU-IND’s directive, stating that it would enhance transparency and security in the sector.
Edul Patel, CEO of Mudrex, emphasized the importance of educating users about tax obligations alongside KYC compliance, highlighting a growing focus on responsible crypto usage.
India’s Broader Crypto Regulation Efforts
Despite the FIU’s action, India’s overall crypto regulation framework is still under development. The Reserve Bank of India is reportedly preparing a discussion paper that will outline the government’s approach toward regulating the crypto sector.
Industry leaders like Sudhakar Lakshmanaraja view the recent FIU move as a positive sign, suggesting that India is serious about creating a clear and structured crypto regulatory environment.
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The crypto landscape in India remains a grey area, with the Asian superpower yet to establish a comprehensive crypto regulation framework. However, recent developments indicate that India is moving toward stricter oversight of the cryptocurrency industry. The Financial Intelligence Unit of India (FIU-IND) has ordered all crypto exchanges operating in the country to update their …
