On February 13, 2025, Michaël Van De Poppe, a prominent encryption analyst, announced his participation in the TENEO protocol, a project in the decentralized physical infrastructure sector (DePin), through a tweet. This announcement highlighted the investment from MN Capital, which is the Investment Capital Company, to the TENEO protocol, which represents an important event for DePin Vertical (Source: Twitter, Cryptomichnl, February 13, 2025). After the announcement, the TENEO (ten) protocol symbol witnessed a noticeable increase in trading activity. Specifically, at 14:30 World time on February 13, 2025, the price of ten jumped from 0.85 dollars to $ 1.05 within 30 minutes, an increase of 23.5 %, which reflects the increased interest inves ). In addition, trading volumes increased from 1.2 million on average per hour to 4.5 million an hour during this period (Source: Coinmarketcap, February 13, 2025). This increase has been observed through multiple commercial pairs, especially ten/BTC and Ten/ETH, with an increase of sizes by 180 % and 220 %, respectively (Source: Binance, February 13, 2025). The scales on the series also indicated a significant increase in new addresses that interact with ten, rising from 500 to 2000 in the same window for 30 minutes (Source: ETHERSCAN, February 13, 2025). This event emphasizes the market’s response to prominent investments and investments in emerging sectors such as DePin.
Trading effects for Michaël Van De Poppe multi -faceted. Instant price increases in ten indicates confidence in the strong market in the DePin and TENEO protocol. Traders who rushed to act in this news could have made great gains; For example, those who bought ten at $ 0.85 and sold at a peak of $ 1.05 within the first post -implementation hour would achieve 23.5 % return (Source: Coingecko, February 13, 2025). However, the sustainability of this increase in prices is unconfirmed, as it is clear from a later decline to $ 0.98 by 16:00 UAE, by 6.7 % of the peak (Source: Coingecko, February 13, 2025). This volatility emphasizes the need to use traders to employ stopping orders to reduce risk. Increased trading volume via ten/BTC and Ten/Ten/ETH indicates a wider interest in TENEO until only the original code, which is likely to be driven by arbitration opportunities between these husbands (Source: Binance, February 13, 2025). Moreover, the increase in new addresses that interact with ten indicates an increased user base, which can be a positive indication in the long term for project adoption (Source: ETHERSCAN, February 13, 2025).
Technical indicators and size data provide more ideas about market dynamics after implementation. The RSI (RSI) index of ten, which was in 65 before the announcement, rose to 82 at the peak price, indicating excessive conditions at its peak and the possibility of correcting (Source: TradingView, February 13, 2025). The difference in moving average rapprochement (MACD) showed a bullish intersection immediately before the price increases, supporting the upward momentum (Source: TradingView, February 13, 2025). The volume is not confirmed from 1.2 million to 4.5 million per hour only the price movement, but also indicates a strong market participation (Source: Coinmarketcap, February 13, 2025). Bollinger domains widened dramatically during this period, indicating an increase in fluctuations and the possibility of continuous price fluctuations (Source: TradingView, February 13, 2025). Traders must closely monitor these indicators to measure the sustainability of price movement and determine the entry and exit points based on technical signals.
While this analysis focuses on the TENEO protocol, it should be noted that the developments of artificial intelligence can affect the morale of the broader encryption market, including the DePin sector. For example, developments in AI’s trading algorithms increase trading and liquidity sizes in distinctive symbols such as ten. However, no direct news related to this specific event, and therefore, any association will be speculative without further data (Source: Analysis based on the directions of the public market, February 13, 2025).
