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RIVER Crypto Jumped +500% in January: What is This Justin Sun-Backed Stablecoin Project?

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The RIVER crypto token reportedly surged more than +700% in January, even as the wider crypto market struggled to find direction. This new ‘chain-abstraction Stablecoin system’ briefly touched $87.73 on January 26, but following the market-wide crash on January 28, it is down around -80% from those highs.

Behind these volatile price swings sits real money. A $12M institutional investment from Arthur Hayes’ Maelstrom Fund and the Justin Sun-led Tron Foundation in early January 2026 added credibility and fuel for the insane run last month.

Market Cap

However, many investors are now left wondering whether RIVER crypto has run out of steam and will continue to decline as the rest of the market struggles.

The total crypto market cap has had its first green day since January 28, up +2.2% overnight and back over $2.75 trillion, with the Bitcoin price leading the way with a near +3% move that has taken it back above $78,500. Whether this momentum can be maintained is another question altogether.

RIVER Crypto Jumped +500% in January: What is This Justin Sun-Backed Stablecoin Project? - ExpertFX School

(SOURCE: CoinGecko)

Why Is RIVER Crypto Moving When the Market Feels Shaky?

RIVER crypto has spent the past five weeks running on pure hype and momentum. Labelled a ‘chain-abstraction Stablecoin system’, this project gained a $12M cash injection from Justin Sun’s Tron Foundation, Arthur Hayes’ Maelstrom Fund, and the Spartan Investment Group.

The recent excitement centers on new institutional backing and a push into cross-chain liquidity. Cross-chain means moving money smoothly between blockchains, like transferring cash between different banks without fees or delays.

The system River is building is reportedly the first of its kind and aims to connect liquidity across ecosystems and channels, creating new growth opportunities.

Powered by its satUSD stablecoin, River lets users collateralize assets on one chain and mint on another, enabling natively earned, leveraged, and scalable cross-network activity.

Institutional Demand Pushes the Narrative Forward, but Can it Rescue the RIVER Crypto Price?

The $12M raise from Justin Sun and Arthur Hayes gives RIVER crypto more than hype. It gives runway. That capital aims to expand liquidity across multiple blockchains, including a recent partnership with Sui that integrates the satUSD stablecoin onto its network.

While these advancements are great for the project, they have done little to protect the RIVER token from the market-wide crash on January 28.

RIVER crypto is down nearly 80% from its January high of $87.73 and is trading at $14.70 today after an -18% drop overnight. Worryingly, this drop for RIVER came as most of the crypto market posted its first green days of the month.

This could simply be an organic pullback after a month of ‘up-only’ as the RIVER token surged more than +700%, and the hope is that if the team continues to build and deliver, it will reach those January highs once more.

Talking of momentum, if the crypto market has truly found a bottom, no token stands to gain more than Maxi Doge (MAXI), one of the hottest and most in-demand meme coin plays in 2026.

BONUS: Maxi Doge (MAXI) Slams $4.5M in ICO Funding as Meme Coin Sentiment Picks Up

RIVER Crypto Jumped +500% in January: What is This Justin Sun-Backed Stablecoin Project? - ExpertFX School

(SOURCE: CoinGecko)

The total meme coin market cap jumped nearly +4% overnight, outperforming gains in many major utility tokens, leading many to ask whether a ‘meme coin szn’ in 2026 is on the cards.

Many notable names are up big today, with DOGE up +4.5%, PEPE and SHIB both climbing +3%, and Memecore (M) surging nearly +10%.

One meme coin project that could be up there with these aforementioned big boys by the end of 2026 is Maxi Doge (MAXI). Still in the presale phase, MAXI has secured $4.5M in funding to date, and with a rumored token launch in February, it could be perfect timing if the meme coin market continues to surge.

Due to its price stage presale model, there are just under 48 hours remaining to lock in instant profits before the Maxi Doge ICO moves on to its next price stage. It is currently selling for $0.0002802, but once the website timer hits zero, that price will be gone for good.

MAXI tokens purchased in the presale can also be staked instantly in Maxi Doge’s native protocol, earning a dynamic 68% APY. The project’s code is free of security vulnerabilities and is certified by full audits from both Coinsult and SOLIDProof.

Be part of the growing community and get all the latest updates by following Maxi Doge on X and Telegram.

Visit SNORT Here

DISCOVER: Top 20 Crypto to Buy in February 2026 

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The post RIVER Crypto Jumped +500% in January: What is This Justin Sun-Backed Stablecoin Project? appeared first on 99Bitcoins.

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