This One Coin Is Up 7,000% in 2024, Even as the Crypto Market Crashes

Crypto Market

Despite a strong start in 2024, the crypto market remains largely in bearish territory. Major players like Bitcoin and Ethereum are facing pressure due to recent macroeconomic shifts, including heavy tariffs imposed by Trump and other global uncertainties. Yet, one lesser-known token, AB, is defying the trend. While most digital assets are dipping, AB has skyrocketed by an incredible 7,000% since January. What’s driving this unexpected surge? Let’s dive in.

Crypto Market Update: AB Coin Skyrockets 7000% After Bold Rebrand

In a surprising twist amid a sluggish crypto landscape, AB Coin, a digital asset rooted in the legacy of Isaac Newton, has staged an explosive comeback. Originally launched nearly five years ago under the name Newton Project, the token had faded into obscurity after early momentum was lost during prolonged market downturns and volatility.

However, 2025 marked a major turning point. At the beginning of the year, the Newton Project officially rebranded itself as AB, adopting a new purpose within a decentralized autonomous organization (DAO) and taking on the role of its native gas token.

This strategic pivot ignited an astonishing rally. From trading at just $0.0001624 in January, AB soared to an all-time high of $0.01729 by March 21. This marked a mind-blowing gain of nearly 10,000%. While the price has slightly pulled back, the coin still holds an impressive 7,000% increase, currently valued at $0.01167 with a market cap exceeding $632 million.

The success story of AB Coin shows how purposeful rebranding and renewed utility can breathe new life into a struggling project, even in a bearish market.

Crypto Market Sheds $650 Billion in Q1 2025, Can Q2 Turn Things Around?

According to CoinGecko’s latest Q1 report, the crypto market has taken a major hit, losing approximately $650 billion in value after a sharp 18% decline during the first quarter of 2025. This downturn closely followed a significant political moment, the inauguration of U.S. President Donald Trump.

A mix of factors including Trump’s escalating trade war, fears of a looming recession, and broader economic uncertainty spooked investors and sent shockwaves through both traditional and digital markets.

While Q2 has shown some signs of stabilization, bearish sentiment still dominates the crypto space. So far, there’s little evidence of a strong bullish trigger that could signal a full recovery.

That said, several developments could shift momentum. A resolution to the trade war, interest rate cuts from the U.S. Federal Reserve, or a major event like a Bitcoin Reserve announcement could all spark renewed confidence. Until then, traders should prepare for continued market turbulence.

Disclaimer
The information provided in this article is for informational purposes only and reflects the author’s opinion. It should not be construed as financial, legal, or investment advice. The cryptocurrency market is volatile and carries risks. Please conduct your own research before making any decisions.

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