XRP extended its decline, slipping under $1.60 and consolidating near a $1.50 low. On the hourly XRP/USD chart using Kraken data, a bearish trend line caps rebounds around $1.650, with the price still below the 100-hour Simple Moving Average. Failure to reclaim $1.60–$1.650 could keep pressure toward $1.540 and $1.50.

On February 2, 2026, XRP traded at $1.59–$1.61 after a 3–4% daily drop and a 12–16% weekly slide, with roughly $4 billion in 24‑hour volume. Bears are eyeing support near $1.55 and resistance at $1.65–$1.68, while RSI hovers around 30. XRP ETFs saw $16.79 million in net inflows on January 30.

BONK resumed its broader downtrend after an early-January breakout failed to hold, with the token dropping sharply over the past week. The memecoin sector also weakened, and key BONK levels near $0.00000755–$0.00000785 are in focus for a potential short-term retest before further downside.

On 2 February 2026, ZKP Crypto intensified market attention with a $5,000,000 utility-focused giveaway and daily on-chain presale auctions distributing 190 million tokens. Over the same period, Ethereum continued to trade near the $2,300–$2,400 resistance zone, while Hyperliquid drew notice after donating 10,000 HYPE, valued at about $254,000, to blockchain investigator ZachXBT.

On February 1 2026, Justin Sun's alleged ex-girlfriend Ten Ten posted a detailed statement on X accusing him of using 12 employees' identities to open Binance accounts and sell TRX. She listed names, job roles and data types she says document insider trading and a broader system designed to profit from retail traders through paid crypto influencers. Ten Ten also claimed some of these employees were later jailed in China after allegedly helping him cash out.

Story Protocol's token IP fell about 18% over the past 24 hours as derivatives flows turned decisively risk-off. Roughly $17 million exited IP perpetuals and open liquidity slid to $68.93 million, while total liquidations reached about $1.19 million and funding turned negative. Price is tracking a $1.7–$1.0 support band and hovering near the mid-range around $1.4, with the $1 low from February 2025 back in view.

On February 1, 2026 Vitalik Buterin argued that creator coins falter because they chase incentives instead of solving discovery, noting that token rewards inflate noise rather than surface talent. He praised curation-led models such as Substack and advocated for small DAOs that prioritize deliberate selection over speculation.

On 1 February 2026, Zero Knowledge Proof drew attention with a continuous presale model that issues 190 million ZKP tokens every 24 hours and runs a $5 million rewards program. At the same time, Cardano is engaged in governance and regulatory debates, while Uniswap trades around $3.90 after a sharp pullback despite solid on-chain activity. These contrasting approaches highlight how token distribution design, oversight discussions, and DeFi sentiment are shaping investor focus in the current market.