Aave Falls Below $200, Bittensor Struggles—Is Web3Bay the Safer Crypto Bet in 2025?

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Stability is elusive in crypto, where price swings define market sentiment. Aave (AAVE) has dipped below the crucial $200 mark, raising concerns about further losses, while Bittensor (TAO) struggles to break free from its persistent downtrend. These fluctuations highlight the risks of traditional DeFi and AI-driven assets, where volatility often overshadows utility. 

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Meanwhile, Web3Bay presents a different approach. By integrating blockchain-powered e-commerce with strong tokenomics, its 3BAY token offers more than speculation. With staking, governance, and marketplace utility, Web3Bay positions itself as a platform with lasting value, drawing attention from investors seeking sustainable growth in a fluctuating market.

Web3Bay’s Utility and Growth Potential

Web3Bay’s 3BAY token is central to its blockchain-powered marketplace, offering multiple use cases that extend beyond simple transactions. Currently, in Stage 5 of the presale, Web3Bay has raised $1.6 million, selling over 400 million tokens, with the latest batch priced at $0.00524 per token. Moreover, the token’s structured supply and allocation ensure long-term sustainability, balancing ecosystem growth with liquidity and investor incentives.

One key feature of 3BAY is its staking mechanism, allowing holders to lock up their tokens in exchange for passive rewards. As a result, this not only incentivizes long-term holding but also helps maintain market stability by reducing circulating supply. Additionally, staking plays a role in securing the network and ensuring efficient marketplace operations, reinforcing the token’s importance within the Web3Bay ecosystem.

Beyond staking, governance participation is another major utility of 3BAY. Through this mechanism, token holders can vote on key decisions, including platform upgrades, fee structures, and future integrations. This decentralized approach ensures that Web3Bay evolves in line with its community’s interests, fostering a user-driven marketplace with transparent decision-making. 

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Furthermore, with its peer-to-peer commerce model, Web3Bay aims to eliminate intermediaries, offering buyers and sellers a direct and secure platform for transactions. Taken together, the combination of staking rewards, governance power, and marketplace utility gives 3BAY a strong foundation for long-term growth. As the presale continues gaining traction, investors are closely watching how these tokenomics will shape Web3Bay’s adoption and future valuation.

Aave’s Descent Below $200: Key Support Levels to Monitor

Aave (AAVE), a notable entity in decentralized finance, has recently experienced a sharp 24.5% decline over the past week, dropping below the psychological $200 mark. This downturn comes after a remarkable 465% surge from July to December 2024, after which Aave entered a retracement phase as broader market sentiment deteriorated. Consequently, the token has breached key support zones at $235 and $284, raising concerns about further declines.

At this point, traders are now closely watching the $200 level; a failure to hold this support could lead to deeper retracements, with subsequent support levels identified at $177 and $141. Despite the bearish momentum, trading volume has remained muted, suggesting a period of consolidation or indecision in the market. In light of these conditions, short-term traders should monitor the $196, $171, and $155 levels for potential reversal opportunities. 

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Additionally, liquidity clusters around $192 and $216 may influence price movements, as markets often gravitate toward these areas. Given the current volatility, caution is advised, and patience is essential before making any market entries.

Bittensor (TAO) Faces Persistent Downtrend Amidst Bearish Indicators

Bittensor’s TAO token has experienced a 17% decline over the past week, with a slight rebound failing to break the prevailing bearish trend. Currently, the token remains confined within a descending channel, trading below both the 20-day and 50-day Exponential Moving Averages (EMAs), reinforcing the bearish outlook. Notably, the 50 EMA crossing above the 20 EMA on December 10 formed a ‘death cross,’ further validating the downtrend.

Meanwhile, the Relative Strength Index (RSI) has broken out of its downtrend but remains below the neutral line, indicating that bullish momentum is not yet established. Similarly, the Awesome Oscillator (AO) remains in the negative zone despite flashing green histogram bars, suggesting that bearish momentum persists. 

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Without increased buying pressure, TAO’s price may continue consolidating between $315 and $465, with no clear signs of stabilization or a sustained upward movement in sight.

Final Thoughts 

Market trends shift quickly, but long-term value remains key. Aave’s struggle below $200 and Bittensor’s continued downtrend reflect the uncertainty in traditional DeFi and AI-based tokens. These assets face challenges in sustaining momentum, often relying on market sentiment rather than real-world application. 

Web3Bay, however, offers a different perspective. With its structured tokenomics, staking rewards, and governance features, 3BAY is built around utility rather than speculation. As investors look for stability in an unpredictable environment, projects like Web3Bay stand out by providing a tangible use case that extends beyond short-term price movements, reinforcing their potential for long-term growth.

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Join Web3Bay Presale Now:

Presale: https://web3bay.io/buy

Website: https://web3bay.io/

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El Salvador gets its bitcoin from Bitfinex, raising control concerns

After tracing the bitcoin listed on El Salvador’s sovereign balance sheet, some researchers wonder if Bitfinex – rather than Nayib Bukele’s administration – controls these coins. According to a newspaper report today from Fabricio Altamirano’s El Diario de Hoy, reblogged on sister website ElSalvador.com, nearly 100% of El Salvador’s bitcoin reserves originate from Bitfinex.

The contentious print and web investigation cites a researcher, Mario Gómez, who further speculates that Bitfinex is aiding Bukele in faking ownership of bitcoin that is in fact donated, loaned, or otherwise controlled by Bitfinex.

Protos has been unable to independently verify these extraordinary claims.

Who controls El Salvador’s 6,114 bitcoin?

Bukele’s administration hosts an official website claiming that the government owns 6,114.18 bitcoin. That figure matches third-party estimates at Nayib Tracker.

These disclosure portals are limited in what they reveal, showing the balance in a specific address. Whether the coins are in the wallets is far less interesting than where they come from, whether they are encumbered, and who possesses their private keys.

Digging into the history of the coins that landed in that wallet, researchers claim that 80% of these bitcoin originated from Bitfinex-controlled wallets – and that the remaining 20% were transferred through Chivo Wallet yet ultimately derived from Bitfinex-controlled wallets. There was additionally a de minimis amount that seemed to come from Binance.

El Salvador’s close ties with Bitfinex, and Tether

As Protos previously reported, it is common knowledge that Bukele’s administration has numerous business and financial ties with Bitfinex and its sister stablecoin, Tether.

The government has used Bitfinex for its now-terminated bitcoin dollar cost averaging purchases, as well as for the lion’s share of the original purchases. Tether and Bitfinex entities have also received digital asset service provider licenses in El Salvador and have facilitated offerings like Bitcoin bonds, Volcano Energy financing, crypto derivatives, and tokenized securities.

Tether even moved its headquarters to El Salvador. Executives Paolo Ardoino, Claudia Lagorio, and Giancarlo Devasini have bought real estate in the country.

Today’s reporting suggests a larger than previously known number of El Salvador’s bitcoins came from Bitfinex. The International Monetary Fund (IMF) agreement recently signed by the Bukele administration may reveal any problems with the Salvadoran bitcoin.

Read more: IMF approves El Salvador’s $1.4B loan but imposes bitcoin restrictions

As part of a $1.4 billion deal with the IMF, Bukele has promised to provide extensive details about his bitcoin purchases. He has also revoked its status as legal currency and committed to curtailing further purchases. For now, investigative journalists can only speculate as to the encumbrances and funding sources for El Salvador’s 6,114.18 state bitcoin.

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