- The Crypto Fire
- Posts
- đ 782 Days of US-China Trade War
đ 782 Days of US-China Trade War
11M Tokens Are Preventing Altcoin Season?

TST memecoin is a rare case that went viral accidentally with zero cost. Do you want your memecoin to go viral like that? CZ from Binance gave a hint in his X post.
Hereâs what we got for you today:

đĽ The US-China Trade War: 782 Days of Market Chaos
The US-China trade war kicked off in July 2018, shaking global markets for over two years before a fragile truce was reached in August 2020.
It started with tariffs on billions in goods, escalated into a full-blown economic battle, and ended with the Phase One Deal - but not before rattling stocks, crypto, and supply chains worldwide.

Hereâs how it all played out. đ
2018: The Trade War Begins
July 6 â The US slaps 25% tariffs on $34B in Chinese imports. China fires back.
August 23 â Round two: another $16B in tariffs on both sides.
September 24 â The US expands tariffs to $200B worth of Chinese goods. China retaliates with $60B.
December 1 â A 90-day ceasefire is agreed at the G20 summit.
2019: Tariffs Keep Climbing
May 5 â US raises tariffs to 25% on $200B worth of Chinese goods.
August 23 â China counters with $75B in tariffs, prompting another US tariff hike.
October 11 â The Phase One Deal is announced, pausing some tariff increases.
December 13 â Both sides agree to reduce tariffsâfinally, some relief.
2020: A Fragile Truce?
January 15 â The Phase One Deal is officially signed, addressing trade, intellectual property, and currency issues.
August 25 â Both nations reaffirm their commitment to the agreement.
Market Impact: A Rollercoaster Ride
đ S&P 500 â Dropped 6.2% early on, then hit an all-time high in 2019 before crashing with COVID-19 in 2020.
âż Bitcoin â Started at $6,600, dropped to $3,400 in 2018âs crypto winter, then surged to $12K by mid-2019âignoring the chaos.

What Did We Learn?
đť The Bad â Market volatility, economic damage, and 782 days of uncertainty hit both countries hard. COVID-19 only made things worse.
đş The Good â Lessons were learned. Both sides may think twice before repeating history.
Will they? Thatâs another question.
đ Markets, Manipulation, and Hard Lessons
Imagine you just got into crypto.
You read a few Twitter threads, join a Telegram group, and boomâyouâre ready to trade.
Then the market drops 8% overnight.
And suddenly, youâre staring at your portfolio, wondering how the hell this happened.
Turns out, youâre not alone.
This market has been teaching lessons since day one. Some people learn. Others⌠well, letâs just say they keep âdonating.â
So hereâs what went down, whatâs really happening behind the scenes, and what you should take away from it all.
The Market Slapped Some Newbies (Again)
If youâve been here long enough, you know the drill:
Bitcoin drops 8% â Everyone freaks out.
Altcoins drop even more â Everyone REALLY freaks out.
Big players scoop up cheap assets â Retail panic sells at the bottom.
Rinse and repeat.
But letâs add some perspective.
An 8% drop is nothing compared to whatâs happened before (7 of the biggest bitcoin crashes in history)
đ¨ April 2011: -99.9% (Mt. Gox hack)
đ¨ April 2013: -83% (Mt. Gox crash)
đ¨ March 2020: -37% (COVID crash)
đ¨ May 2021: -30% in one day (China's top regulators ban crypto trading and mining)
So yeah, this wasnât even in the same ballpark. But for new traders? It felt like the world was ending.
We can also look at the digital assets space #1 which of course is Bitcoin. Imagine dropping 99%?!?! Well if you were around during the Mt. Gox hack then you know what this felt like. IMAGINE THAT!! You know what SOME of those people did? They bought more. Not everyone, but the⌠x.com/i/web/status/1âŚ
â Digital Asset News (@NewsAsset)
11:05 AM ⢠Feb 3, 2025
Binance, Coinbase, and The Big Bad Wolves
Hereâs where it gets spicy.
Some people think this wasnât just a normal drop. Theyâre pointing fingers at Binance, Coinbase, Scimitar Capital (a market maker) and Wintermute (a market maker).
The theory?
These big players sent large amounts of Bitcoin & ETH to Wintermute. Wintermute then dumped it on the market
Prices crashed â Liquidations kicked in â More people got wiped out
The exchanges & market makers profited while retail got wrecked
Are these accusations true? Maybe. Maybe not. But one thing is for sure:
The market is NOT a level playing field.
The whales move first. You move second.
Market Manipulation Isnât New
If you think crypto is the only market with shady moves, I have some bad news for you.
The gold market has been manipulated for decades.
Stock markets? Insider trading happens daily.
Real estate? Ever heard of price fixing and artificial supply constraints?
The difference? In crypto, the manipulation is just more obvious.
But hereâs the trick:
Short-term traders get played. Long-term investors donât.
If youâre trying to flip coins daily, good luck. The game is rigged.
But if youâre in it for years? The manipulators canât shake you out.
Bitcoin Dominance Spikes, Altcoins Get Smoked
Every time panic hits, the same thing happens:
Altcoin holders dump their bags â Move into Bitcoin â Bitcoin holds better
Bitcoin dominance goes up â Altcoins bleed harder
And yet, people still act surprised.
This time, Bitcoin dominance hit â 62%, meaning nearly two-thirds of all crypto value is now in BTC.

What does that tell us?
People are playing defense
Risk appetite is dropping
The market is still shaky
Until that shifts, donât expect altcoins to moon anytime soon.
What You Should Actually Do
Instead of panicking, take a step back.
Whatâs the lesson here?
Donât trade emotionally â The market feeds off your fear.
Understand market cycles â Bitcoin pumps first, then altcoins follow.
Stop keeping money on exchanges â Not your keys, not your coins.
Take profits when you can â If you donât, someone else will.
If you learn these lessons now, you wonât be one of the people crying next time.
And trust meâthere will be a next time.
The Final Take
Crypto is brutal.
Itâs designed to punish people who donât know the rules.
But if you study the patterns, avoid the traps, and play long-term?
Youâll be the one buying the dip instead of panic-selling at the bottom.
Your move.
â Top Highlight in Crypto Today
đ PREDICTION: Tetherâs CEO says quantum computers arenât a threat to Bitcoinâyet. Before it becomes a risk, Bitcoin will support quantum-proof addresses. But lost-key wallets (like Satoshiâs đ) could eventually be cracked and recirculated
đ Crypto market drowning in tokensâ11 million and counting. Memecoins on Solana fueled a token surge, overwhelming investors and diluting altcoin demand. Analysts warn too many tokens could prevent another altcoin season. Coinbase may revamp listings to adapt.
đ Hong Kong now accepts Bitcoin & Ethereum for investment immigration. Applicants can use BTC & ETH as proof of assets for residency. This move boosts Hong Kongâs pro-crypto stance, as APAC retail crypto activity surges past the US & Europe.
đ¤ TST memecoin from BNB Chain tutorial hits $35M before crashing. The TST token, created for a Four.Meme tutorial on BNB Chain, inreased to $35M market cap before dropping to $15M. CZ confirmed itâs not official. But TST was suddenly listed on Binance.
đ African President launches a token (CAR) after US aid cutsâgoes viral. This new memecoin hit $900M ATH in hours. Meanwhile, X is buzzing with a viral photo of the president alongside CZ.

đś Shiba Inu (SHIB) Started As a Meme, But It Didnât Stop There
Now? Itâs a multi-billion-dollar ecosystem, a top dog in crypto, and even catching the attention of institutional investors.
Hereâs everything you need to knowâwhere it started, why itâs unique, whatâs next, and why funds are suddenly throwing money at it.
Shiba Inuâs Wild Ride from Meme to Market Force
SHIB was created in August 2020 by an anonymous figure known as Ryoshi. Itâs built on Ethereum, inspired by Dogecoin, and has one of the most passionate communities in crypto.
It wasnât just hype. SHIB became a real payment method, accepted at hundreds of locations worldwide, either directly or through third-party services.

The real breakout moment?
May 2021: Vitalik Buterin donates 50 trillion SHIB to India's COVID-Crypto Relief Fund, putting SHIB in global headlines.
October 2021: SHIB's price surges 240% in a week, flipping Dogecoin (briefly).
2025: SHIB isnât just a memeâitâs a full-blown ecosystem with its own DEX, ShibaSwap, and an expanding use case.
As of today Feb 10, 2025, hereâs where SHIB stand by (Data by CoinMarketCap)
Price: ~$0.00001581
Market Cap: ~$9.31B
Circulating Supply: ~589.25T SHIB
All-Time High: $0.00008845 (Oct 28, 2021)
1-Year Growth: 67.50%
Why SHIB Isnât Just Another Token
Unlike other meme coins, SHIB wasnât designed to be controlled by a central team. Ryoshi walked away in 2021, leaving everything to the community.
That gamble paid off.
SHIB whales dominate: At its peak, SHIB made up 20% of all ERC-20 tokens held by Ethereum whalesâdwarfing competitors like CRO (5%).
Adoption skyrocketed: Over 500 merchants accepted SHIB, including Newegg, Samsung-backed wallets, and even a restaurant in Paris.
Robinhood took notice: Executive Christine Brown praised the SHIB community for how effectively it rallied behind the token.
And SHIB didnât stop at paymentsâit built a whole ecosystem.
The Shiba Inu Ecosystem: More Than Just SHIB
SHIB isnât alone. The ecosystem includes multiple tokens, platforms, and plans for its own stablecoin.
SHIB: The core currency of the ecosystem.
LEASH: Ultra-limited supply (only 107,646 tokens) with exclusive benefits.
BONE: 250 million supply, used for governance decisions.
TREAT: A governance and rewards token for future ecosystem development.
ShibaSwap: SHIBâs own DEX, originally forked from Sushiswap, with its own unique mechanics.
Shibarium: A layer-2 Ethereum scaling solution to cut fees and improve speed.
Shiboshis: A 10,000-piece NFT collection, each with distinct traits.
Shib - The Metaverse: A virtual world where users can buy land, earn rewards, and participate in the SHIB economy.
SHIB is even planning its own stablecoin (SHI), pegged to one cent instead of the traditional dollar, aiming for a global store of value for everyday people.

Institutional Investors Are Paying Attention
For years, SHIB was just a meme coin for retail traders. But now? Big money is moving in.
In 2024, institutional investments in meme coins, including SHIB, increased by over 300%, reaching nearly $300 million in April.
Venture capital is pouring in: In April 2024, SHIB raised $12 million from top crypto investment firms, including Animoca Brands, Mechanism Capital, and Polygon Ventures.
Major exchanges are backing it: In November 2024, EDX Markets (supported by Citadel Securities, Fidelity, and Charles Schwab) added SHIB to its trading platform.
This level of institutional backing would have been unthinkable for a meme coin a few years ago.
Recent Developments: SHIB Keeps Expanding
Itâs not just hypeâSHIB is making moves.
A whale just moved 3.36 trillion SHIB to an unknown blockchain wallet, sparking speculation.
August 2023: SHIB launched Shibarium, its Ethereum-based layer-2 solution.
February 2025: SHIB partners with the UAE Ministry of Energy, signaling real-world utility beyond crypto.
From a joke to a multi-billion-dollar network, SHIBâs journey is still unfolding.
The Bottom Line
SHIB isnât just survivingâitâs thriving.
The ecosystem is growing, adoption is rising, and even institutional investors are getting in.
So the question isnât whether SHIB will stick around.
Itâs how far it can go.
𤥠Meme Of The Day

We read your emails, comments, and poll replies daily
Rate us today!Your feedback helps us improve and deliver better content! |
Hit reply and say Hello â we'd love to hear from you!
Like what you're reading? Forward it to friends, and they can sign up here.
Cheers,
The Crypto Fire Team
Reply