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TapSwap Daily Video Codes on November 11, 2024
TapSwap, the popular Telegram-based game, continues to captivate its nearly 7 million monthly active users with daily opportunities to earn real value. Players can unlock up to 1.6 million coins daily through secret video codes, boosting in-game earnings and preparing for the anticipated TapSwap airdrop and Token Generation Event (TGE) expected in Q4 2024. Quick Take Earn up to 1.6 million coins daily by completing video tasks. Use today’s video codes to maximize your rewards. TapSwap introduces a new skill-based gaming platform with TAPS token rewards, marking a shift from traditional tap-to-earn Telegram games. TapSwap’s long-term sustainability model emphasizes skill-based monetization, rewarding players for their abilities rather than chance. Today’s TapSwap Secret Video Codes for November 11 Unlock up to 1.6 million coins by using the following video codes in today’s TapSwap tasks: Business Ideas To LaunchAnswer: 4b5n2 High-Income NichesAnswer: 8t1r3 Teenagers InvestingAnswer: 4t8a Lucrative IT JobsAnswer: 4a1b7 Unlock Moonbeam’s Potential | Part 3 Answer: 2Vb&E Make $100,000 with Freelance Answer: 3y9wa How to Unlock 1.6M Coins with TapSwap Secret Video Codes Open the TapSwap Telegram bot. Go to the “Task” section and select “Cinema” to access the video tasks. Watch each video and enter the secret codes in the designated fields. Click “Finish Mission” to claim your rewards. TapSwap’s New Skill-Based Gaming Platform TapSwap has officially launched a Web3 gaming platform designed to reward players based on skill. This innovative platform upgrades the popular “tap-to-earn” model by offering a fairer approach to monetization through TapSwap’s native token, TAPS. Players can join skill-based games, competing to earn TAPS tokens—a significant departure from traditional gaming models that often rely on chance or pay-to-win mechanics. Gaming Features and Earning Opportunities TapSwap’s new platform includes a user-friendly dashboard with available games, leaderboards, and achievements. Players can join competitive games by paying a token entry fee, with TAPS token rewards distributed during an upcoming TGE event. Additionally, a training mode allows players to sharpen their skills without financial risk. “We want players to feel that their time and skill are valued. Earning should be based on abilities, not just participation,” says Naz Ventura, TapSwap’s founder. The platform’s launch phase focuses on proprietary games, with plans to welcome third-party developers by 2025, enhancing its game offerings and allowing for a consistent flow of new games. This phased rollout supports a sustainable model, creating long-term opportunities for both players and developers. Developer Integration and Revenue Sharing TapSwap’s model encourages external developers to join by 2025, offering a profit-sharing system. Games from third-party developers will share in the revenue generated, incentivizing quality content. This mutually beneficial setup aims to drive player engagement and distribute revenue fairly. TapSwap Expects 5M MAUs, $500M Revenue Inspired by Web2 gaming successes like Skillz, which has 3.2 million monthly users, TapSwap aims to reach 5 million monthly users and projects $500 million in revenue. Currently, TapSwap has over 6 million social media followers, indicating strong community interest ahead of its upcoming growth milestones. Ventura and his team have addressed the volatility that often affects tap-to-earn tokens, ensuring that TAPS token value remains stable. By focusing on skill-based monetization, TapSwap aims to build a loyal player base and achieve sustainable growth. Conclusion TapSwap’s Web3 platform is setting new standards in gaming by combining skill-based rewards with a developer-friendly ecosystem. Its innovative model promotes sustainable growth, ensuring players earn rewards that reflect their abilities. With the upcoming TGE and daily opportunities to earn coins through video codes, TapSwap is an exciting addition to the Web3 gaming landscape. Stay updated with the latest video codes and join the growing community to maximize your earnings! Read more: November 2024 Airdrops: Boost Your Crypto Earnings with This Complete Guide
NFTs Make a Comeback as Weekly Sales Jump 28% to $103 Million
The NFT market is back on the rise, with total sales reaching $103 million over the past week. This 28% increase marks the highest weekly volume since July 2024. Driving factors include the crypto market’s latest rally and renewed interest following Donald Trump’s re-election. Quick Take NFT market reverses a four-week downtrend with a 28% sales boost. Ethereum, Bitcoin, and Solana dominate top NFT blockchains. Top-selling NFTs include BRC-20 collections, DMarket, and CryptoPunks. U.S. political shifts spark renewed NFT interest and optimism for Q4. NFT Sales Surge 28% in a Week NFT sales over the past week | Source: NonFungible.com In a significant turnaround, NFT sales have spiked 28% this week, breaking a month-long downtrend. Data from CryptoSlam shows that the NFT market recorded $103 million in trading volume, led by interest in Ethereum-based NFTs. The increase was boosted by major developments in the U.S. political landscape, as Trump’s win against Kamala Harris brought renewed focus to blockchain and NFT sectors. Ethereum Leads with $34M in Sales, Bitcoin NFTs Gain Ground Top 3 blockchains for NFT sales (24h) | Source: CryptoSlam Ethereum remains the top choice for NFT trading, with collections on this blockchain generating $34 million in sales, up 30% from last week. Bitcoin follows closely, with Ordinals-based NFTs climbing to $30 million—an impressive 102% increase. Solana and Mythos Chain secured the third and fourth spots, while Polygon rounded out the top five. However, Solana and Polygon saw slight declines in volume, reflecting shifting preferences among traders. Read more: Top Solana NFT Projects to Keep an Eye On Top NFT Collections of the Week: BRC-20 Take the Lead Top 10 NFT collections (24h) | Source: CryptoSlam $?? BRC-20 Collection: Dominating with $12 million in sales, this Bitcoin-based collection surged by 423%, leading the NFT market. DMarket: Known for gaming assets, DMarket on Mythos Chain recorded $5.5 million in sales, despite a slight decline. CryptoPunks: This iconic Ethereum collection saw a resurgence, reaching $3.4 million in sales—a 186% increase. Bitcoin Puppets: Utilizing Bitcoin’s Ordinals protocol, Bitcoin Puppets generated $3 million in sales, up 53%. Guild of Guardians: A gaming NFT on Ethereum, Guild of Guardians recorded $2.9 million, with minor declines. Read more: Top NFT Projects in the Bitcoin Ecosystem to Watch in 2024 NFT Market Outlook for Q4 Analysts expect the NFT market to strengthen in Q4, especially as the U.S. embraces pro-crypto leadership. Regulatory changes are anticipated, with a focus on creating a framework for NFT marketplaces. With rising institutional interest and increased market adoption, NFTs are poised for a strong close to the year. The NFT market's upward trajectory and increasing interest among both casual collectors and institutional investors signal a promising future. Read more: Non-fungible Tokens (NFTs) vs. Semi-fungible Tokens (SFTs): Explained
Top Cryptos to Watch as Bitcoin Crosses $81,000 and Crypto Market Enters 'Extreme Greed' Zone
The cryptocurrency market is experiencing a resurgence in optimism, driven by a series of recent developments that have ignited investor enthusiasm. As Bitcoin (BTC) reaches a new all-time high of $81,697 at the time of writing, the Fear and Greed Index—an indicator of market sentiment—has surged to its highest level in seven months, landing firmly in “Extreme Greed.” With political shifts in the United States, regulatory changes on the horizon, and major altcoins joining the rally, here’s a look at the latest updates in the crypto market and the top assets to watch. Trump’s election win ignited enthusiasm, with the three major US stock indices hitting record highs on Friday, marking the best weekly performance in a year. Bitcoin continued its rally over the weekend, breaking through $81,000 to set a new all-time high. Capital is flowing rapidly into the crypto market, with Bitcoin spot ETFs seeing a net inflow of $1.615 billion and stablecoin market cap increasing by $4.75 billion. Quick Take Bitcoin surged to a record $81,697 on November 10, with the Crypto Fear and Greed Index reaching a seven-month high in the “Extreme Greed” zone, reflecting strong investor optimism fueled by pro-crypto sentiment in the U.S. political landscape. Ethereum reached $3,200, its highest since August, with a market cap exceeding that of Bank of America. Anticipation around potential options in spot ETH ETF and DeFi growth is driving institutional interest, positioning Ethereum for further gains. Solana hit $212, marking a 34% gain in one week, driven by strong DeFi and NFT activity on the network. The token’s performance has sparked speculation of a “banana zone” rally, with the possibility of Solana’s market cap challenging Ethereum’s. Dogecoin rose above $0.23, surpassing XRP in market cap, amid speculation of Elon Musk's involvement in the Trump administration. DOGE’s rally may continue if historical patterns hold, possibly revisiting its 2021 high. Cardano spiked to $0.60 following rumors that founder Charles Hoskinson may play a role in U.S. crypto policy under the Trump administration. The announcement of a Washington, D.C., policy office has fueled speculation, with ADA potentially aiming for the $1 level by 2025. Crypto Market Enters 'Extreme Greed' at 76 Crypto Fear and Greed Index | Source: Alternative.me The Crypto Fear and Greed Index, a measure of sentiment based on factors such as volatility, trading volume, and social media engagement, soared to a score of 78 on November 10, and dipping to 76 on Monday. This places the market in the “Extreme Greed” zone for the first time since April. The index's surge coincided with Bitcoin’s rally past $81,000, driven by recent U.S. political developments and investor expectations of more crypto-friendly regulations. Bitcoin’s ascent and the broader rally reflect increased interest in crypto as a hedge against inflation and as an investment in technological innovation. Following the reelection of pro-crypto U.S. President Donald Trump and gains by crypto-friendly politicians in Congress, expectations are high for a shift in regulatory attitudes, potentially paving the way for further institutional adoption. Bitcoin Records New ATH Above $81,000 Amid a Bright Outlook BTC/USDT price chart | Source: KuCoin Bitcoin has had an extraordinary week, rallying to a new all-time high of $81,697 on November 10, up around 6% for the day. This milestone highlights Bitcoin’s continued appeal as a digital asset, particularly in times of political uncertainty. After initially peaking, BTC has since stabilized above $81,000, yet many analysts anticipate further gains. According to James Van Straten, a senior analyst at CoinDesk, Bitcoin's recent breakout signals strong momentum that could push its price toward $100,000 by early 2025. Institutional investors have shown renewed interest, with record inflows into Bitcoin exchange-traded funds (ETFs) following Trump’s win. The broader implications of a favorable U.S. regulatory landscape, especially if the SEC revisits its stance on a spot Bitcoin ETF, could provide additional fuel for Bitcoin’s next leg up. Read more: Trump’s Win Sets BTC on Course for $100K, Solana Nears $200 and More: Nov 8 Ethereum Surpasses Key Level of $3,200, Eyes on ETF Options ETH/USDT price chart | Source: KuCoin Ethereum (ETH) surged to $3,200 on November 10, its highest level since August, driven by renewed market optimism and increasing institutional interest. With a market cap now around $383 billion, Ethereum has surpassed Bank of America in valuation, signaling a shift in financial dynamics as blockchain adoption accelerates. The U.S. SEC’s consideration of a spot ETH ETF options is further fueling investor demand, with parallels drawn to Bitcoin’s ETF-driven price surges, suggesting potential inflows could significantly boost ETH’s market position. Ethereum’s recent momentum goes beyond market optimism and regulatory potential. DeFi applications on Ethereum, such as Uniswap and Aave, have shown renewed traction, fueling demand as users continue to embrace decentralized alternatives to traditional finance. Additionally, data from Ultrasound.money shows that while Ethereum was previously deflationary, the issuance rate has recently surpassed its burn rate, resulting in an inflationary supply increase of 0.42% annually. This shift is attributed to an annual issuance rate of 957,000 ETH compared to the current burn rate of 452,000 ETH. In light of these developments, Ethereum’s co-founder Vitalik Buterin introduced a concept he calls “info finance,” a system that uses prediction markets to offer public insights into future events. This innovative approach to decentralized information gathering aligns with Ethereum’s broader push toward integrating finance and information through blockchain technology, signaling an era of heightened utility and adoption for the network. Market sentiment is largely bullish, with analysts and community members on X predicting that ETH could soon challenge the $4,000 mark, with some expecting even higher targets, particularly if the spot ETH ETF options receives SEC approval. As Ethereum continues to attract institutional and retail interest alike, the prospect of a new all-time high seems increasingly likely, setting the stage for a potential breakthrough in the DeFi sector and beyond. Read more: What Is The Surge Phase in Ethereum 2.0 Upgrade? Solana Surges to $212, Enjoys Strong On-Chain Activity SOL/USDT price chart | Source: KuCoin Solana (SOL) surged to $212 on Sunday, its highest level since the 2021 bull market, achieving a market cap of over $100 billion. This places Solana among the few cryptocurrencies with valuations in the nine-figure range, a testament to its robust DeFi and NFT ecosystem. The token’s recent performance marks a 34% increase in value over the past week, outpacing many other major assets. Analysts point to Solana’s rapid recovery since the FTX fallout as evidence of its resilience. Solana’s ecosystem has expanded significantly, attracting DeFi protocols and a growing memecoin community. The recent “flippening” speculation—where Solana’s market cap could potentially exceed Ethereum’s—highlights the excitement surrounding its ecosystem growth. SOL’s technical breakout above $185 signals what some traders describe as the beginning of a “banana zone” rally, where price movements become steep and accelerated. Read more: Can Solana (SOL) Surge Beyond $200 Amid Bullish Sentiment? Memecoin King Dogecoin Reclaims Its Crown, Crosses $0.23 DOGE/USDT price chart | Source: KuCoin Dogecoin (DOGE), the original memecoin, has returned to the spotlight, recently flipping XRP to become the seventh-largest cryptocurrency by market cap. DOGE has gained 30% over the past 24 hours, trading above $0.29, a level not seen since the 2021 crypto bull run. Its market cap has reached over $34 billion, with a possibility of surpassing USDC if current momentum persists. The recent surge in DOGE’s price is partly attributed to speculation that Elon Musk, a longtime Dogecoin advocate, could play a role in the Trump administration’s “Department of Government Efficiency” initiative, abbreviated as D.O.G.E. Open interest in Dogecoin futures has also increased by 33% over the past week, indicating heightened investor confidence. If historical patterns hold, DOGE could continue its rally in the weeks ahead, potentially challenging its previous all-time high of $0.73. Read more: Best Memecoins to Know in 2024 Cardano Sees 30% Spike on Hoskinson-Trump Policy Partnership Rumors ADA/USDT price chart | Source: KuCoin Cardano (ADA) has made headlines with a 30% price jump on November 10, fueled by rumors that founder Charles Hoskinson could collaborate with the Trump administration on crypto policy. ADA reached a high of $0.60, recapturing April levels and representing a reversal in sentiment after a challenging year. Cardano’s open interest in futures has surged, with trading volumes now in the billions, signaling strong investor appetite. Hoskinson recently announced plans to open a policy office in Washington, D.C., to advocate for the crypto industry. This move is seen as a strategic effort to position Cardano as a player in U.S. regulatory discussions. While speculation about a formal role in the Trump administration remains unconfirmed, Hoskinson’s initiative has already sparked renewed interest in ADA. Analysts are optimistic that Cardano’s price could continue to rise, with some predicting a return to the $1 level by 2025. Read more: Cardano Chang Hard Fork: All You Need to Know Conclusion The crypto market is currently on an upswing, with Bitcoin and major altcoins like Ethereum, Solana, Dogecoin, and Cardano reaching significant milestones. Pro-crypto sentiment is strong, bolstered by potential shifts in U.S. regulatory dynamics that may favor digital assets, and institutional interest is adding further momentum to this rally. While these factors position the market for possible continued growth, elevated "greed" levels and rapid price increases serve as a reminder for investors to approach with caution. Market volatility remains high, and sudden shifts can occur, emphasizing the importance of risk management in this speculative environment.
Can Solana (SOL) Surge Beyond $200 Amid Bullish Sentiment?
Solana (SOL) has seen an impressive rally this week, jumping over 25% to touch the $200 mark. This price surge aligns with broader crypto market gains following the U.S. election, which signaled a pro-crypto administration. Solana’s growth also comes alongside key ecosystem developments, including Coinbase’s launch of cbBTC on Solana, the debut of Eclipse, and a memecoin boom led by Pump.fun. Quick Take SOL’s price jumped 25% this week, fueled by demand and strong on-chain metrics.The $200 level is in focus, with potential to breach higher resistance at $210. Coinbase launched wrapped Bitcoin (cbBTC) on Solana, enhancing DeFi capabilities. Eclipse, the first Ethereum layer-2 network based on Solana, has gone live. Open interest for SOL futures hit record highs, indicating rising institutional interest. Staking deposits surged, reducing SOL’s tradeable supply and strengthening network stability. Record-High SOL Futures Open Interest at 21.1M SOL SOL OI-Weighted Fund Rate | Source: CoinGlass Solana’s open interest in futures markets has also hit record highs, reflecting strong institutional demand. Futures open interest reached 21.1 million SOL this week, a new high in nominal terms with $4 billion in value. This increase in leverage signals potential for volatility but also highlights SOL’s popularity among institutional investors. The current funding rate for SOL futures sits at a balanced 0.017%, showing a moderate bullish sentiment without excessive leverage. Such stability could allow SOL’s price to continue its upward trajectory if demand remains strong and liquidations are kept in check. Read more: How To Arbitrage From Funding Fees Futures/Spot Hedging SOL Staking Surge: Reducing Tradeable Supply Solana staking performance | Source: Staking Rewards Staking activity among SOL holders has surged, adding an additional $1.3 billion worth of SOL to staking contracts over the past week. This move reduces the tradeable supply of SOL on exchanges, a trend that tends to support price increases during periods of high demand. Over 397 million SOL are now staked, showing that key stakeholders remain committed to long-term growth and network security. Higher staking deposits also reinforce Solana’s blockchain, an important factor as the network has experienced stability issues in the past. With additional staked assets, Solana is better equipped to handle increased transaction volumes, which could be crucial in sustaining its growth momentum. Read more: How to Stake Solana with Phantom Wallet Memecoin Mania on Solana: Pump.fun’s Impact Pump.fun daily volume | Source: Dune Analytics The rise of Solana-based memecoins has become a significant driver of the SOL token’s recent performance, with platforms like Pump.fun leading the charge. Known as a launchpad for meme tokens, Pump.fun has issued over 3 million tokens, with cumulative token issuance growing by 36% since October. This influx of memecoins has bolstered activity on decentralized exchanges (DEXs) within the Solana ecosystem, including Raydium, which saw over $30 billion in trading volume in October alone. Goatseus Maximus (GOAT), the leading token on Pump.fun, now boasts a market cap of $835 million. Other top memecoins like Fwog (FWOG) and Moo Deng (MOODENG) also contribute to Solana’s DEX volume, drawing users and investors. Although Pump.fun recently dropped out of the top 10 DeFi protocols by fees, it remains influential within the memecoin sector, driving high transaction fees and contributing to Solana’s on-chain metrics. Coinbase Wrapped Bitcoin (cbBTC): Expanding Solana’s DeFi Reach In a significant move for Solana DeFi, Coinbase introduced wrapped Bitcoin (cbBTC) on the Solana blockchain. This new asset allows Solana users to access Bitcoin’s liquidity within Solana’s rapidly growing DeFi ecosystem. With cbBTC, Solana DeFi protocols can now support Bitcoin-backed transactions, lending, and other financial services, a critical function that previously required Ethereum bridging or other indirect methods. This addition also addresses a gap left by the collapse of soBTC, Solana’s previous wrapped Bitcoin token that failed during the FTX exchange crash. As Coinbase’s first native token on Solana, cbBTC provides a high-liquidity option for Bitcoin holders, already circulating with an initial $10 million supply. This development could further enhance SOL’s DeFi ecosystem, offering users more options and aligning with Solana’s broader strategy to expand on-chain utility. Eclipse Launch: Bridging Ethereum and Solana Another key event in Solana’s ecosystem is the launch of Eclipse, the first Ethereum layer-2 network based on Solana. Eclipse combines the strengths of both chains—Ethereum’s liquidity and decentralization with Solana’s speed and low transaction costs. By leveraging the Solana Virtual Machine (SVM), Eclipse allows users to transact on Ethereum more affordably while benefiting from Solana’s transaction speed. Eclipse’s launch marks a unique integration that bridges two of the largest blockchain ecosystems, unlocking opportunities for decentralized applications across DeFi, consumer apps, and gaming. The project’s successful $65 million in funding underscores industry interest in this hybrid model, which could play a pivotal role in future blockchain interoperability. Read more: Solana vs. Ethereum: Which Is Better in 2024? Solana Price Prediction: Will SOL Break Past Key Resistance at $200? SOL/USDT price chart | Source: KuCoin With SOL currently trading around $196, the $200 mark is within reach. This psychological level could attract more buying interest if breached, potentially setting up the token to test resistance at $210. A breakthrough here could pave the way for even higher gains, with targets around $225. However, if SOL encounters resistance, support is anticipated at its Volume Weighted Average Price (VWAP) of $189. A dip below could see SOL retreat to $171, but the recent influx of staking activity and strong open interest indicate that dips may be bought up quickly. Solana’s Growth Potential: What’s Next? The convergence of key developments in Solana’s ecosystem, from cbBTC’s launch to Eclipse’s debut and the booming memecoin market, indicates sustained growth potential. As Solana’s speed, low transaction costs, and expanding DeFi options attract more users, SOL’s bullish trajectory could continue, especially if market conditions remain favorable and network stability is maintained. With the $200 level within reach, Solana is positioned to capitalize on its recent gains, and the strong demand from institutional investors and the memecoin sector provides a robust foundation for future price increases. As SOL continues to integrate DeFi and memecoins, it stands to reinforce its role as a leading blockchain in the crypto ecosystem. Read more: Trump’s Win Sets BTC on Course for $100K, Solana Nears $200 and More: Nov 8
MemeFi Airdrop: Eligibility, Tokenomics, and Key Details Before Token Launch
MemeFi, a popular Telegram tap-to-earn game, has made a major announcement ahead of its highly anticipated token launch and airdrop. The developers have shifted their blockchain from Ethereum Layer-2 network Linea to the Sui network and are expected to announce the airdrop and token launch sometime in Q4 2024. This partnership with Mysten Labs, the team behind Sui, promises enhanced features, smooth gameplay, and exciting airdrop opportunities for the community. Here’s everything you need to know about the new airdrop criteria, tokenomics, and how to maximize your rewards before the final player snapshot. Quick Take The $MEMEFI token will launch on the Sui blockchain and list on leading centralized exchanges, including KuCoin. MemeFi token launch shifts from Linea (Ethereum Layer-2) to Sui, teaming up with Mysten Labs. As per the MemeFi tokenomics, 90% of the total $MEMEFI supply will be distributed to users via airdrops and other rewards. The eligibility criteria now focus on coins earned in the game, with multipliers and bonuses for interacting with multiple aspects of the ecosystem. KuCoin has launched pre-market trading for MEMEFi starting from October 25, 2024. What is MemeFi: A Rapidly Growing DeFi Game? MemeFi is a play-to-earn (P2E) game that merges meme culture with decentralized finance (DeFi). The platform has seen exponential growth, with over 45 million players joining since its launch. Players participate in meme-themed battles, earn in-game currency, and complete tasks like daily combos, video codes, and social media challenges to boost their earnings. Read more: What Is MemeFi Coin Telegram Miner Game, and How to Play? MemeFi Partners with Mysten Labs to Join the Sui Ecosystem The developers of MemeFi have announced a strategic partnership with Mysten Labs, marking their transition to the Sui blockchain. Sui offers fast and cheap transactions, with scalability suited for MemeFi’s growing user base. This shift also reflects MemeFi’s ambitions to integrate deeply with Web3 and Telegram, leveraging Sui’s tech for seamless in-app features and future marketing efforts. MemeFi’s Token Generation Event (TGE) and Airdrop is Now Set on Sui Network Source: MemeFi Telegram Following the MemeFi TGE, the $MEMEFI token will be listed on six top-tier centralized exchanges, with a seventh pending confirmation. MemeFi’s token distribution model remains the same, with 90% of the total supply allocated to community rewards, but the listing has been delayed to ensure the best launch environment. The team is focusing on ecosystem alignment and exchange partnerships to deliver the best possible outcome for users. The airdrop will occur on Sui, a layer-1 blockchain network with high scalability and low transaction fees Users will soon gain access to a public airdrop checker to verify their eligibility. $MEMEFI Airdrop: New Eligibility Criteria To qualify for the MEMEFI airdrop, users need to meet these updated requirements: Set up a MemeFi Wallet: Ensure secure storage of your tokens on the new Sui network. Participate in Game Activities: Complete tasks like daily combos, quests, and mystery spins to earn more coins. Join the MemeFi Community: Engage actively in Telegram discussions and stay involved with in-game events. Earn Coins in the Game: Focus on accumulating in-game currency, as coin totals will heavily influence airdrop allocations. Take Advantage of Ecosystem Multipliers: Bonuses will reward interactions across the ecosystem, including Testnet OG users. With bot detection measures in place, the distribution will reward genuine engagement, ensuring fair allocations. The airdrop model will be complex and non-linear to reward active participation across the ecosystem, with bot detection measures in place to ensure fair distribution. Detailed criteria will be revealed within the next 10 days, and the snapshot has not yet been taken, allowing users to continue playing and earning. MemeFi Tokenomics Source: MemeFi docs MemeFi’s tokenomics emphasize community engagement and project sustainability: Community Rewards (90%): A majority of the 10 billion $MEMEFI tokens are reserved for airdrops, play-to-earn incentives, and user rewards. Of this, 85% of the tokens are reserved for Telegram airdrop and the remaining 5% is for the Web3 airdrop. Liquidity and Listings (5.5%): Allocated for liquidity pools and centralized exchange (CEX) listings. Strategic Partners & Early Adopters (3%): Dedicated to partnerships and seed investors. Seed Investors (1.5%): Reserved for early supporters of the project. This well-structured token distribution ensures that the majority of rewards go back to the players and community, fostering long-term engagement. $MEMEFI Token Now Available for Pre-Market Trading on KuCoin MemeFi has partnered with KuCoin to launch pre-market trading for the $MEMEFI token starting from October 25, 2024 at 08:00 (UTC). This exclusive opportunity allows users to trade MEMEFI ahead of the official spot market launch. This early access empowers users to strategize their holdings before the full market launch on October 30. KuCoin is yet to announce the delivery schedule, so keep an eye on official updates to stay informed about latest developments and important announcements. Read more: MemeFi (MEMEFI) is on KuCoin Pre-Market: Strategize Before the Market Opens How to Boost Your MemeFi Airdrop Rewards To maximize your rewards, it’s essential to remain active in the MemeFi ecosystem. Here are some tips: Complete All Tasks: Finish assigned tasks such as interacting on Telegram, promoting the platform, and participating in the game. Earn More Coins: Focus on accumulating as many in-game coins as possible to boost your airdrop allocation. Hold Your Tokens: Consider holding your $MEMEFI tokens post-airdrop for potential future gains. MemeFi’s roadmap shows long-term growth potential. Participate in Giveaways: Spin the wheel, fill the Ether progress bar, and earn tickets for ETH rewards. Mystery Rewards and Daily Bonuses MemeFi continues to enhance the gaming experience with Mystery Rewards, offering coins, spins, and other exciting prizes. In Q4 2024, the Extreme Heat Season will reward players with triple bonuses on coins and spins, encouraging participation in the game’s referral program. Read more: How to Mine More Coins on MemeFi Coin Telegram Clicker Game MemeFi Roadmap: Key Milestones and Future Plans MemeFi’s roadmap outlines ambitious plans for expanding its ecosystem and enhancing user engagement: Governance System: Post-TGE, the MemeFi community will vote on game updates and ecosystem developments. New Gameplay Elements: Upcoming features include clan-based progression and character building to deepen engagement. MemeFi Ventures: The launch of Memes Lab, a Web3 incubator project, will introduce new meme-themed games and innovative gameplay mechanics. Conclusion MemeFi’s migration to the Sui network, alongside the token launch, marks an exciting new chapter for the project. With 90% of the token supply allocated to player rewards, MemeFi aims to incentivize active participation and reward loyal users. The transition to Sui provides players with faster, cheaper transactions and greater scalability, aligning with the project’s ambitious roadmap. Stay informed about the airdrop snapshot and take full advantage of the pre-market trading on KuCoin to strategize before the token launch. MemeFi’s evolution within the Sui ecosystem promises new gameplay features, governance, and long-term earning opportunities—making it one of the most trending projects in the Telegram GameFi space. While MemeFi offers exciting opportunities, the cryptocurrency market remains highly volatile. Token prices can fluctuate significantly, especially following new launches and airdrops. As with any blockchain-based project, there are risks associated with participation. Research thoroughly, manage your expectations, and only invest what you can afford to lose. Staying engaged with the community and monitoring project updates will also help you make more informed decisions.
Trump’s Win Sets BTC on Course for $100K, Solana Nears $200 and More: Nov 8
Bitcoin is currently priced at $75,865 showing a +0.38% increase, while Ethereum is at $2,895, up by +6.36% in the past 24 hours. The market's 24-hour long/short ratio in the futures market was almost balanced at 50.1% long versus 49.9% short positions. The Fear and Greed Index, which measures market sentiment, was at 77 yesterday and is now at Greed level at 70 today. With the U.S. presidential election outcome here and the 47th President of the United States announced, the crypto world is experiencing a surge in activity. From political memecoins tied to election outcomes today to major fund inflows driven by political hype, the intersection of politics and cryptocurrency has created a whirlwind of speculation and opportunity. Donald Trump ’s recent re-election is sending shockwaves through the crypto market as Bitcoin surges to new highs, Solana’s price nears $200, crypto stocks soar and Bitcoin ETFs hit record trading volumes. With a pro-crypto president now in office the market is buzzing with predictions that Bitcoin could reach $100,000 by Inauguration Day. What’s Trending in the Crypto Community? The Federal Reserve announced a rate cut of 25 basis points. Ripple’s CEO has called on Trump to swiftly reform U.S. cryptocurrency regulation after assuming office. The market cap of cbBTC has surpassed $1 billion, and Coinbase’s introduction of cbBTC to Solana is expected to encourage DeFi development on the platform. Crypto Fear & Greed Index | Source: Alternative.me Trending Tokens of the Day Top 24-Hour Performers Trading Pair 24H Change RAY/USDT +14.04% UNI/USDT - 4.64% SOL/USDT +3.85% Trade now on KuCoin Read More: Trump’s Win Fuels Crypto Hopes as Bitcoin Hits New Highs and Memecoin Platform Pump.Fun Soars $30.5 million: Nov 7 Bitcoin’s Potential to Rocket Towards $100,000 After Trump’s Win Bitcoin smashed through the $76,000 mark on November 6 hitting an all-time high just one day after Trump’s win. Over the past week Bitcoin has risen over six percent signaling strong momentum with Trump in office. Trump has pledged to make the United States the world’s top crypto hub and investors believe his policies could fuel even more gains. In January Bitcoin saw its first major push when the SEC approved the first US Bitcoin ETF pushing prices to $73,000. Now analysts are optimistic that Trump’s presidency could drive Bitcoin to hit $100,000 by January. A report from Copper Research predicts that ETFs could hold as much as 1.1 million Bitcoin by Inauguration Day if the momentum holds. Copper’s head of research Fadi Abualfa believes that the rally will continue with Trump’s pro-Bitcoin policies. Source: TradingView The 50-day Exponential Moving Average (EMA) at $70,290 supports Bitcoin’s bullish momentum. Investors will watch the $75,450 resistance closely, as clearing this level could solidify Bitcoin’s path toward $100,000. Crypto Stocks and Altcoins Surge Due to Election Outcome Trump’s victory also triggered a rally in US crypto stocks and altcoins. Coinbase’s stock price jumped by 31% while companies like Robinhood MARA Holdings and Riot Platforms saw double-digit gains. Even altcoins responded with tokens like Uniswap surging by 35 percent as Trump’s regulatory promises have fueled optimism in the market. With a lighter regulatory approach expected from the new administration crypto traders see a path for growth especially in decentralized finance projects. Solana Nears $200 as Open Interest and Institutional Demand Surge Solana futures aggregate open interest, SOL. Source: CoinGlass Solana (SOL) has captured significant attention following Donald Trump’s election win, reaching its highest value in seven months as demand surges among traders and institutions alike. Between November 5 and November 7, Solana’s price climbed by 22.5%, reflecting a larger rally in the altcoin market that has paralleled Bitcoin’s impressive gains. With SOL now inching toward $200, analysts are watching closely as on chain metrics and institutional interest continue to rise, potentially setting the stage for Solana to become one of the most attractive assets in the cryptocurrency market. The Republican victory, led by a pro-crypto Trump administration, has raised hopes for more favorable regulations, which could benefit platforms like Solana that offer rapid, low-cost transactions and a robust ecosystem for decentralized finance (DeFi) and NFT projects. Investors see Solana as well-positioned to capitalize on this shifting regulatory landscape, with high-speed processing and scalability that make it appealing for a wide range of applications. This optimism has driven up interest in Solana futures, reaching a record 21.1 million SOL on November 7—a total of $4 billion in nominal terms. Solana 8-hour average funding rate. Source: CoinGlass The current 8-hour SOL funding rate is 0.017%, which works out to around 1.5% monthly, showing a neutral-to-bullish outlook. During high market excitement, leverage costs for longs can climb to 2.1% or higher. This rate shows moderate optimism, indicating a chance for more upward movement. Read more: Top Solana Memecoins to Watch in 2024 Elon Musk Launches D.O.G.E Initiative for U.S. Government Efficiency Source: YouTube Elon Musk is also stepping into the spotlight with his Department of Government Efficiency (D.O.G.E) making a reference to his beloved DOGE coin, this is an initiative aimed at reducing U.S. government inefficiency. On the November 4th podcast with Joe Rogan, Musk discussed the issues of inefficiency and overreach within the federal government. Musk’s initiative aligns with Trump’s goals for a leaner government focused on economic growth. Musk warned of the growing national debt which he says now exceeds the Defense Department’s budget and could lead to economic troubles. His proposed strategy includes downsizing certain agencies and providing severance to affected employees. Musk’s approach could streamline operations in a way that impacts sectors like finance and tech with deregulation driving future growth. Source: Michele Zanini Study When it comes to finance issues, Musk didn’t hold back: “Interest payments on the national debt now exceed the Defense Department budget… we’re on a path to bankruptcy.” That’s a huge amount. The defense budget is already enormous, making this comparison even more striking. His experience navigating government regulations with Tesla and SpaceX lends credibility to this perspective. The Department of Government Efficiency (D.O.G.E.) initiative, proposed by Musk and supported by the Trump administration, aims to streamline federal operations. This initiative has the potential to influence various sectors beyond government, similar to the impact of Musk's ventures in cryptocurrency. As the D.O.G.E. initiative gains attention, significant changes in federal operations may be forthcoming, reflecting a broader shift towards efficiency and reduced bureaucratic constraints. BlackRock Bitcoin ETF Sees Record-Breaking Trading Day at $4.1 Billion BTC/USDT price chart | Source: KuCoin Trump’s win led to unprecedented trading activity for BlackRock’s Bitcoin ETF. On November 6 BlackRock’s iShares Bitcoin Trust recorded over 4.1 billion in trading volume. This was more volume than even major stocks like Netflix or Visa. Bloomberg’s Eric Balchunas called it the second-best trading day for IBIT since its launch. Other Bitcoin ETFs also saw increased activity signaling a strong investor response to the election outcome. Analysts see this as a bullish sign for Bitcoin ETFs which have dominated the ETF market this year. With Trump’s support for crypto in play analysts believe that demand for Bitcoin ETFs and other crypto assets could continue to rise. ETF Store president Nate Geraci noted that Bitcoin ETFs accounted for six of the top ten ETF launches in 2024. Many expect Trump’s pro-crypto policies to drive additional ETF applications including funds holding altcoins like Solana and XRP. Fadi Aboualfa of Copper.co projects that Bitcoin could reach $100,000 by January. With Trump’s support and rising demand for Bitcoin ETFs this prediction reflects growing confidence in the crypto market. Read More: $4 Billion Crypto Bets on Election Day, Bitcoin Reaches New High and More: Nov 6 Conclusion Trump’s re-election has fueled a Bitcoin rally crypto stocks have surged and ETFs have reached record highs. The potential for Bitcoin to hit $100,000 by Inauguration Day reflects investor optimism for a pro-crypto administration and also Solana nearing $200 paints a bright future for the token. With Trump in office the crypto industry anticipates significant growth and regulatory support. This moment could mark the start of a new era for Bitcoin and digital assets with lasting impacts on finance and government policy. Read more: Will Fed Rate Cuts Fuel the Next BTC Rally After Trump’s Win Takes Bitcoin Above $76K?
PAWS Telegram Mini-App Outshines Hamster Kombat with Over 25 Million Users in First 10 Days
PAWS Telegram mini-app skyrockets with 25 million users in just nine days, surpassing Hamster Kombat's growth and challenging its dominance. Discover how PAWS’ simple rewards model and community-focused approach have made it a top choice in the Telegram gaming space. Quick Take Rapid Growth: PAWS Telegram Mini-App gains over 25 million users within nine days of launch, challenging former top game Hamster Kombat. User Engagement Model: PAWS rewards based on account age and past airdrop participation, with options to earn extra tokens through simple tasks and referrals. Competitive Edge: As Hamster Kombat loses 86% of its users, PAWS becomes the new favorite, leveraging a smooth, low-effort engagement model. Community Anticipation: Users eagerly await potential token listings on popular exchanges. What Is PAWS Telegram Bot? PAWS is a Telegram mini-app that allows users to earn $PAWS tokens through simple, passive engagement without intense gameplay. Developed by the Notcoin team, PAWS rewards users based on their Telegram account age, participation in previous airdrops, and social engagement like following and inviting friends. Since its launch, PAWS has quickly attracted millions of users, positioning itself as a popular, low-effort alternative in the Telegram gaming ecosystem. How PAWS Rewards Work PAWS has a unique reward system. Rewards depend on: Account Age: Older Telegram accounts get higher rewards. Airdrop History: Prior participants in Notcoin, Dogs, and Hamster Kombat airdrops receive bonuses. Social Engagement: Users can earn additional tokens by following PAWS on social media or inviting friends. New players receive Paws points as a welcome bonus, and the game includes occasional special rewards to keep engagement high. This referral-based model has quickly built an extensive community. Read more: Top 7 Telegram Tap-to-Earn Crypto Games to Know in 2024 Why Is PAWS Trending Among Telegram Games? PAWS brings an effortless way for users to earn $PAWS tokens. Developed by the Notcoin team—who also created popular games like DOGS and Notcoin—PAWS focuses on rewarding users for simple actions rather than intensive tapping. To join the PAWS airdrop, all it takes is activating the bot, linking a Telegram account, and engaging with the app. In the first two days, PAWS gained 11 million users. By day eight, it surpassed 20 million, and it crossed 25 million by day nine, making it one of Telegram's fastest-growing games. This rapid rise challenges the previous popularity of animal-themed tokens on the platform. How to Participate in the PAWS Airdrop Activate the PAWS Bot: Start the bot on Telegram using the official link. Complete Registration: Engage with the introductory messages, and rewards will begin accumulating. Follow Social Channels: Get bonus rewards by following PAWS on social media. Invite Friends: Each referral boosts your earnings by 10% of the friend's rewards. PAWS vs. Hamster Kombat: Shifting Trends on Telegram Hamster Kombat, once a dominant force on Telegram, has seen a drastic drop in user engagement. Facing political backlash and regional bans, it lost 86% of its user base, dropping from 300 million active players in August to just 41 million in November. As the game struggles, PAWS has quickly filled the void, marking a sharp contrast. Comparison with Hamster Kombat’s Downfall HMSTR/USDT price chart | Source: KuCoin While PAWS surged, Hamster Kombat’s active addresses and token value took a hit. The $HMSTR token fell nearly 70% from its peak, driven by low engagement and user attrition. Although Hamster Kombat’s development team has announced future plans for NFTs and new games, the game’s decline remains steep. In contrast, PAWS has maintained stability and growth, attracting Telegram users who want simplicity and consistent rewards. This community-focused, low-effort model has proven effective, especially in a competitive Telegram ecosystem. Conclusion PAWS is reshaping the Telegram mini-game space with its user-friendly, community-centered design, providing an engaging alternative amid Hamster Kombat's recent decline. Backed by the Notcoin team and with millions of users, PAWS is emerging as a big player in Telegram’s tap-to-earn ecosystem. While PAWS offers appealing rewards and low-effort engagement, users should stay cautious, as with any new platform, and conduct thorough research before committing fully. Read more: November 2024 Airdrops: Boost Your Crypto Earnings with This Complete Guide
Will Fed Rate Cuts Fuel the Next BTC Rally After Trump’s Win Takes Bitcoin Above $76K?
Bitcoin surged to above $76,000 after Donald Trump’s election win, signaling strong optimism among crypto traders. Following a 6.6% increase within 24 hours, BTC has rallied over 21% in the past month, echoing what’s becoming known as the “Trump trade.” As the Federal Reserve moves towards another rate cut, many believe this trend could continue, with lower rates favoring Bitcoin as an alternative investment. Quick Take Bitcoin hits a new all-time high of $76,000 following Donald Trump’s election victory. Markets anticipate a 0.25% Federal Reserve rate cut, which could favor Bitcoin. Traders are cautious of Fed Chair Powell’s comments on Trump's policies. Analysts forecast a bullish momentum for BTC through 2025, targeting a “sweet spot” of $130,000–$150,000 by next year. The Fed’s Next Move: Can A Rate Cut See BTC Test New ATH? All eyes are on Fed Chair Jerome Powell’s comments. A “hawkish” stance could dampen market enthusiasm, but a “dovish” approach would likely signal further rate cuts. Analysts see Powell’s response to Trump’s economic policies as critical. While the rate cut itself is expected, traders are concerned about potential hawkish language that might signal limited future cuts, leading to short-term volatility in BTC. High probability for a 0.25% rate cut in Fed’s November meeting | Source: CME FedWatch This Thursday, the Fed is expected to announce a 0.25% rate cut, a move that traditionally bolsters risk assets like Bitcoin. A lower interest rate typically weakens the dollar, pushing investors towards assets perceived as stores of value. According to Polymarket and CME FedWatch, there’s a 97% chance of a quarter-point cut, giving BTC a strong tailwind. Read more: Trump’s Win Fuels Crypto Hopes as Bitcoin Hits New Highs and Memecoin Platform Pump.Fun Soars $30.5 million: Nov 7 Bitcoin’s “Sweet Spot” – Analyst Predictions for 2025 Bitcoin’s rally to $76,000 has generated significant excitement among investors, with some analysts forecasting a possible surge to $130,000 or even $150,000 by next year. Peter Brandt, a veteran trader, noted that BTC has entered a “sweet spot” within its four-year halving cycle, a period often associated with bullish price action. If historical patterns hold, Bitcoin’s upward trajectory could persist well into 2025, driven by increased scarcity and growing demand. Adding to this bullish outlook, CryptoQuant highlights Bitcoin’s Market Value to Realized Value (MVRV) ratio, which remains far from peak levels. This ratio, a key metric for gauging market sentiment, indicates that BTC is “not overheated,” suggesting room for further growth without immediate risk of a major pullback. Bitcoin’s Open Interest (OI) | Source: CoinGlass Furthermore, Bitcoin’s Open Interest (OI) in futures markets has surged to an all-time high of $45.4 billion, underscoring heightened investor interest. OI measures the total number of outstanding contracts, with a rise signaling that more traders are committing to the market, either by taking long positions to benefit from further gains or by shorting in anticipation of corrections. This growing OI reflects optimism and suggests that traders are confident in Bitcoin’s current “sweet spot” for continued gains. With Bitcoin’s current momentum and supportive macroeconomic factors, many see this period as potentially transformative. If the bullish cycle continues as anticipated, Bitcoin could reach new highs, marking 2025 as a potentially historic year for the world’s largest cryptocurrency. Bitcoin’s Allure Amid Inflation and Global Uncertainty With inflation concerns on the rise and the dollar facing pressure, Bitcoin’s appeal as a hedge continues to grow. BTC’s recent high has boosted Open Interest in Bitcoin futures to $45.4 billion, reflecting high investor confidence. Should Powell refrain from commenting on Trump’s policies, Bitcoin’s upward momentum may remain intact, with the market eyeing continued gains. Read more: Is Bitcoin a Strong Hedge Against Inflation? The Potential Global Impact of U.S. Policy on Bitcoin According to news reports on Reuters, Trump’s proposed tax cuts and tariffs could stir inflation, potentially keeping interest rates elevated. China, facing tariff pressure, is likely to respond with its own stimulus, adding complexity to global markets. This dynamic could impact Bitcoin’s stability, as currency shifts and increased liquidity drive crypto volatility. Conclusion Bitcoin’s record highs come amid historic economic shifts, with rate cuts, global trade dynamics, and evolving U.S. policies shaping the landscape. As BTC finds its stride in a complex macro environment, traders remain optimistic about its future, despite potential Fed headwinds. The market watches closely, anticipating the next moves from the Fed and the unfolding impact of Trump’s policies on both the dollar and Bitcoin. Read more: $4 Billion Crypto Bets on Election Day, Bitcoin Reaches New High and More: Nov 6
Trump’s Win Fuels Crypto Hopes as Bitcoin Hits New Highs and Memecoin Platform Pump.Fun Soars $30.5 million: Nov 7
Bitcoin is currently priced at $75,571 showing a +8.94% increase, while Ethereum is at $2,722, up by +12.38% in the past 24 hours. The market's 24-hour long/short ratio in the futures market was almost balanced at 50.6% long versus 49.4% short positions. The Fear and Greed Index, which measures market sentiment, was at 70 yesterday and increased to Extreme Greed level today at 77 today. With the U.S. presidential election outcome here and the 47th President of the United States announced, the crypto world is experiencing a surge in activity. From political memecoins tied to election outcomes today to major fund inflows driven by political hype, the intersection of politics and cryptocurrency has created a whirlwind of speculation and opportunity. Donald Trump’s recent victory in the U.S. presidential election is making waves in the crypto world, promising a future where digital assets may flourish. From Bitcoin’s record-breaking surge to the booming memecoin platform Pump.fun, the market’s reaction underscores a renewed optimism for crypto. What’s Trending in the Crypto Community? BTC breaks through $76,000, setting a new record high After Trump’s victory, Wall Street institutions like JPMorgan and Goldman Sachs seek potential IPO opportunities for crypto companies. Tether mints 2 billion USDT on Ethereum Crypto Fear & Greed Index | Source: Alternative.me Trending Tokens of the Day Top 24-Hour Performers Trading Pair 24H Change NEIRO/USDT +54.49% ENA/USDT +38.33% LDO/USDT +36.38% Trade now on KuCoin Read More: Crypto Market Braces for Election Volatility, November Token Unlocks, and Peanut Memecoins: Nov 4 Trump’s Pro-Crypto Win Signals a Shift for the U.S. Live 2024 US presidential election results. Source: Associated Press The U.S. crypto community is celebrating after Donald Trump declared victory on November 6. With a promise to usher in a "golden age" for America, Trump, now set to serve as the 47th and 45th president, has reignited hope for a crypto-friendly administration. Known for his support of Bitcoin and blockchain, Trump has repeatedly positioned himself as a “pro-crypto candidate,” pledging to end the regulatory "war on crypto" and transform the U.S. into the "crypto capital of the planet." One of Trump’s first moves, if he follows through on his campaign promises, could be to remove Gary Gensler, the current head of the U.S. Securities and Exchange Commission (SEC). Trump’s stance on crypto was evident when he took the stage at Bitcoin 2024 in Nashville, Tennessee, vowing to replace Gensler with SEC Commissioner Hester Peirce, a known crypto advocate. Trump has also hinted at launching a strategic Bitcoin reserve for the U.S. government, potentially acquiring 200,000 BTC seized from enforcement actions. This stance has ignited confidence in a pro-Bitcoin future, with figures like Dennis Porter, co-founder of the Satoshi Action Fund, declaring that the “anti-Bitcoin movement” in the U.S. is effectively “dead.” Bitcoin Surges Past $76K in Massive Rally, Liquidating Nearly $400M in Shorts and Boosting Crypto Stocks BTC/USDT price chart | Source: KuCoin The election buzz has translated into a price rally for Bitcoin, which hit a new all-time high of $76,000 on November 7. This surge brought widespread gains, including a 31% jump in Coinbase’s stock, positioning it among the top gainers in digital asset-related stocks. This new price for BTC surpassed its previous record of $73,800 as Trump took an early lead. Although the price dipped slightly, sitting around $73,871 at the time of publication, the market’s optimism is clear. Bitcoin’s price action has remained highly volatile as investors watch the election results unfold, with early Associated Press data showing Trump leading with 198 electoral votes compared to Kamala Harris’s 112. Analysts caution that volatility is likely to continue as the election outcome solidifies. Still, many see Trump’s pro-Bitcoin rhetoric as a driver for further gains. Trump has hinted at a more favorable regulatory environment for digital assets, which could catalyze future investment. The market’s positive response to his early lead demonstrates how deeply tied Bitcoin’s performance has become to U.S. political developments. The rally resulted in a total of $592 million in liquidations from leveraged trading positions, according to CoinGlass data. A significant portion, around $390 million, came from short positions—bets that Bitcoin’s price would fall—making it the largest short squeeze in over six months. This event has intensified interest in the crypto market, signaling renewed momentum and potential volatility ahead for both digital assets and associated stocks. Source: CoinGlass Pump.fun’s Revenue Surges to $30.5 Million Amid AI and Memecoin Hype Source: DefiLlama While Trump’s win boosted Bitcoin, the decentralized token creation platform Pump.fun has also hit record revenue. The platform reached $30.5 million in October, marking a 111% rise over the previous month. This surge broke a two-month downtrend, driven by a wave of viral memecoins and a fresh “AI meta” trend on social media. Memecoins based on popular internet memes surged on Pump.fun, led by tokens like MOODENG, which enjoyed significant price growth. However, the true standout was a new wave of AI-themed tokens, with many being “endorsed” by AI-driven Twitter accounts. Among these, the GOAT token, championed by AI agent @truth_terminal, hit a peak market cap of $920 million on October 24, becoming the highest-valued token to originate from Pump.fun. Other tokens, such as GNON, fartcoin, and ACT, achieved market caps in the eight- and seven-figure range. Though many of these tokens have since lost over 50% of their peak values, the platform remains a hub for memecoin trading. The recent success of tokens like PNUT, inspired by a viral story of a pet squirrel, shows how quickly social media-driven trends can fuel the memecoin market. Read more: Top Solana Memecoins to Watch in 2024 Conclusion With Trump’s pro-crypto stance now in power, the U.S. may be on the verge of a crypto renaissance. His victory has already sparked positive momentum, evident in Bitcoin’s all-time high and the continued growth of memecoin platforms like Pump.fun. As new policies emerge, and with promises of regulatory reform, the crypto market anticipates significant changes that could shape its future. From the White House to decentralized platforms, the next few years could bring unprecedented growth and innovation in the crypto landscape, with investors, traders, and enthusiasts eagerly watching the impact of Trump’s presidency on the market.
Top Altcoins to Watch on the US Election Day as Bitcoin Touches New High
Bitcoin is once again in the spotlight. With the U.S. presidential election heating up, Bitcoin hit an all-time high of above $75,000 on the election day, driven by heightened volatility and speculation around election outcomes. While Bitcoin grabs the headlines, several other altcoins are also experiencing surges, driven by election-related optimism and broader market interest. Let’s explore the top altcoins to keep an eye on today. Quick Take BTC reaches a new all-time high of above $75,000 before sliding lower, responding to early election results. Riding high on election-driven momentum, SOL's strong DEX volume has positioned it for a rally toward the $200 mark, supported by a robust technical setup and increased network activity. Surging 25% as Trump’s election odds rise, DOGE capitalizes on cultural ties and positive sentiment. Breaking key resistance levels, DOGE could reach new highs if the bullish momentum holds. Tracking the S&P 500, ETH shows potential for significant gains. Analysts speculate that ETH’s correlation with traditional markets could propel it toward new all-time highs, with whales accumulating in anticipation. With a 5% bounce at triangle support, SUI hints at a breakout above its symmetrical triangle. If it surpasses resistance, SUI could target a new high near $3, riding on a promising technical setup. Growing transaction volume across multiple industries reflects increased adoption. LTC’s technical signals indicate potential price targets between $72 and $108, with recent activity suggesting it’s becoming a go-to payment method for various sectors. Solana (SOL) SOL/USDT price chart | Source: KuCoin Solana continues to stand out in the crypto market, driven by impressive decentralized exchange (DEX) trading volumes. With its $2.00 level firmly established as support, SOL is targeting a rally toward the $200 mark. Why Is Solana Rallying? Record-Breaking DEX Volume: Solana’s DEX volume has surpassed $26 billion, underscoring its growth. Technical Momentum: With an RSI near 64, SOL shows room for further gains without entering overbought territory. Potential Target: If SOL can hold above $200, it could soon test its all-time high at $236. Solana’s consistent volume and activity suggest strong market interest, with election-driven volatility adding fuel to its bullish outlook. Read more: Solana vs. Ethereum: Which Is Better in 2024? Dogecoin (DOGE) DOGE/USDT price chart | Source: KuCoin Dogecoin is seeing a surge in interest as election results favoring Republican candidate Donald Trump come in. DOGE has risen over 25%, breaking the $0.20 level and outperforming many large-cap cryptos. Why Is Dogecoin Trending Today? Trump’s Election Odds: DOGE’s rally aligns with Trump’s rising odds, given the meme coin’s cultural ties to his campaign and support from figures like Elon Musk. Market Sentiment: Traders expect a sustained DOGE rally, with significant liquidations in the past 24 hours pointing to continued bullish momentum. Resistance Level: DOGE faces resistance near $0.1758; a successful breakout could push it to $0.21, marking a new yearly high. DOGE’s flipping XRP to become the seventh largest crypto by market cap today reflects both the ongoing memecoin frenzy and upbeat market sentiment linked to political developments. Read more: Best Memecoins to Know in 2024 Ethereum (ETH) ETH/USDT price chart | Source: KuCoin Ethereum is another altcoin benefiting from the election frenzy. ETH has shown a strong correlation with the S&P 500, hinting at a bullish future if traditional markets remain supportive. Can Ethereum Touch New Highs? S&P 500 Correlation: ETH’s price moves in tandem with major stock indices, suggesting it could reach new heights if markets rally. Potential to Triple: Analysts speculate that ETH could see a massive upside, with a possible push toward the $10,000 mark. Technical Support: ETH remains strong, with whales actively accumulating, which could drive prices higher post-election. Ethereum’s positioning as a leading Layer-1 blockchain and its ties to traditional finance make it a prime altcoin to watch. Read more: What Is The Surge Phase in Ethereum 2.0 Upgrade? Sui (SUI) SUI/USDT price chart | Source: KuCoin Sui is a relatively new player, but it has gained traction in recent months. The Layer-1 token has broken out above $2.00, spurred by significant DEX trading volumes and a strong community presence. Can Rising DeFi Activity Take SUI to a New ATH? DEX Milestone: SUI recently crossed $26 billion in DEX trading volume, signaling strong growth. Memecoin Craze: The recent surge in memecoins on Sui has fueled additional market activity, with the combined market cap of these tokens surpassing $171 million—an impressive 40% growth within 24 hours, drawing more traders and liquidity into the ecosystem. Technical Breakout: SUI’s breakout above resistance at $2.00 shows bullish strength, targeting $2.20 as the next resistance. Support Level: If SUI remains above $2.00, it could aim for ATH levels near $2.50. With high liquidity and support from active traders, SUI has the potential for further gains as the election drama unfolds. Read more: Top Projects in the Sui Network Ecosystem to Watch in 2024 Litecoin (LTC) LTC/USDT price chart | Source: KuCoin Litecoin has recently seen a notable increase in transaction volume, sparking discussions on its growing role as a digital payment method. This surge reflects a trend toward more practical applications across various sectors, from retail to iGaming. Why Is Litecoin Price Rising? Adoption Across Industries: Litecoin’s fast transaction speeds and low fees have made it popular in sectors like retail, hospitality, and travel. Many merchants are now integrating LTC for seamless payments, especially for international transactions. iGaming Popularity: The online gambling sector, particularly in Litecoin casinos, benefits from LTC's privacy and instant payouts, making it a preferred option for players valuing confidentiality. Transaction Volume Spike: Litecoin's recent transaction volume reached its highest level since May 2023, with 512 million LTC moved in just one week. Analysts view this as a signal of increasing utility rather than just trading, indicating a broader adoption of Litecoin for payments. Potential Price Movements: Increased activity could drive price volatility. Litecoin recently dipped slightly, possibly due to profit-taking, yet its strong network performance may contribute to upward momentum in the near future. Litecoin Price Prediction Litecoin’s consistent transaction growth and adoption position it as a viable option for digital cash in real-world applications. Analysts are optimistic, with potential price targets ranging from $72 to $108, though recent indicators show mixed signals. Read more: How to Mine Litecoins: The Ultimate Guide to Litecoin Mining MAGA (TRUMP) TRUMP price chart | Source: CoinMarketCap MAGA, a Trump-inspired memecoin, has gained significant traction in recent days, reflecting the broader interest in Trump-themed cryptos amid the ongoing U.S. election. Currently trading at $3.78, MAGA has seen a 14% increase over the past 24 hours, benefiting from both increased network usage and bullish sentiment tied to Trump’s election prospects. Can MAGA (TRUMP) Rally Higher? Rising Demand and Network Activity: MAGA’s daily active addresses have surged, with the metric climbing from 903 to 2,606 over the past few days. This increase in network activity reflects growing demand for MAGA and suggests an uptick in user engagement with the coin. Network Growth Surge: MAGA’s Network Growth, which measures new addresses created on the blockchain, has also hit new highs. Rising from 326 to 1,226, this metric indicates increased adoption and traction for the Trump-themed coin. Whale Accumulation: Supply distribution data reveals that whales holding between 1 million and 10 million MAGA tokens have increased their holdings significantly, while those with smaller wallets appear to have sold. This accumulation trend among large holders points to growing confidence in MAGA’s potential. The rise in MAGA’s on-chain metrics and whale activity, coupled with heightened interest in Trump-themed assets, suggests that MAGA may have further room to grow, though investors should remain cautious given the volatile nature of memecoins. Read more: Top PolitiFi and Trump-Themed Coins Amid US Elections 2024 Conclusion The U.S. election is contributing to heightened volatility across the cryptocurrency market, with Bitcoin’s record-breaking $75,000 high providing momentum for several altcoins. Each of these assets, from Solana’s strong DEX presence to Dogecoin’s meme-fueled rally and Ethereum’s alignment with traditional market trends, holds a unique position. While these altcoins show potential for gains, it’s essential to remember the inherent risks in volatile markets, especially during periods of significant global events. Market conditions can shift rapidly, and investors should consider their risk tolerance and conduct thorough research before making any decisions. Read more: $4 Billion Crypto Bets on Election Day, Bitcoin Reaches New High and More: Nov 6
$4 Billion Crypto Bets on Election Day, Bitcoin Reaches New High and More: Nov 6
Bitcoin is currently priced at $73, 901, showing a +6.55% increase, while Ethereum is at $2,589, up by +6.83% in the past 24 hours. The market's 24-hour long/short ratio in the futures market was almost balanced at 50.1% long versus 49.9% short positions. The Fear and Greed Index, which measures market sentiment, was at 70 yesterday and also stayed at the Greed level today at 70 today. As the U.S. presidential election outcome nears, the crypto world is experiencing a surge in activity. From political memecoins tied to election outcomes today to major fund inflows driven by political hype, the intersection of politics and cryptocurrency has created a whirlwind of speculation and opportunity. What’s Trending in the Crypto Community? The voting data from 7 swing states in the U.S. election will be announced by noon on November 6. Prediction market Kalshi tops the Apple App Store free apps chart, with Polymarket in second place. Polymarket is paying U.S. influencers to promote election betting services. Mt.Gox address transfers 2,000 BTC to an unknown wallet, worth $136 million. Crypto Fear & Greed Index | Source: Alternative.me Trending Tokens of the Day Top 24-Hour Performers Trading Pair 24H Change GOAT/USDT +52.57% TAO/USDT +29.94% MOG/USDT +20.70% Trade now on KuCoin Read More: Crypto Market Braces for Election Volatility, November Token Unlocks, and Peanut Memecoins: Nov 4 The convergence of political betting, artificial intelligence hardware, and augmented reality highlights the transformative potential of technology and finance across industries. With nearly $4 billion bet on the U.S. presidential race, new ventures in AI-driven consumer robotics, and Apple’s anticipated entry into AR, this dynamic interplay between finance, tech, and influence is shaping the future. The $4 Billion Election Day Betting Frenzy on PolyMarket Source: Polymarket The 2024 U.S. presidential race has led to an unprecedented spike in prediction market activity, drawing in nearly $4 billion in political bets. At the forefront is Web3-native Polymarket, which dominates with around $3.3 billion in trade volumes, even though it faces restrictions in the U.S. Polymarket's appeal reflects a growing interest in decentralized platforms that allow users to wager on real-world events. Its success has set the standard for political betting, establishing itself as the go-to platform for decentralized, blockchain-driven predictions. Following close behind are U.S.-based platforms like Kalshi, Robinhood, and Interactive Brokers, which collectively have attracted over $500 million in betting volumes. These platforms are gaining traction, especially after regulatory approval allowed them to host election betting for the first time. As betting odds on candidates fluctuate, Donald Trump holds a strong lead across prediction markets, with odds on Polymarket reaching nearly 82.5% and other platforms showing similar figures. This trend has captured the attention of a diverse range of investors who are eager to participate in high-stakes political events. Rising Competition in Prediction Markets Source: Kalshi Kalshi’s recent debut in election betting has sparked fierce competition among prediction platforms, paving the way for similar ventures in the U.S. market. Kalshi's approval to operate election markets came after a landmark court victory, allowing it to set a precedent for legally approved election betting in the U.S. This historic decision has encouraged other platforms to join, rapidly increasing competition and participation. Robinhood entered the prediction space with a bang, launching election contracts in October and trading over 200 million contracts related to the presidential race. Interactive Brokers has also stepped in, attracting $50 million in volume. In a bid to streamline user experience, Kalshi introduced deposits in USD Coin (USDC) and even added USDC deposits from Polygon, which allows blockchain-based transfers, simplifying the process for crypto-savvy bettors. Together, these companies are challenging the decentralized giant Polymarket, fostering a competitive environment that may redefine how Americans approach political betting. AI Hardware Expansion: OpenAI's Bold Move Source: X In the realm of artificial intelligence, OpenAI’s creation of a consumer hardware division reflects its ambition to bring AI-driven products directly into consumers’ lives. This division, led by Caitlin Kalinowski—a former Meta engineer who played a key role in the development of AR hardware like the Orion glasses—signals OpenAI's shift from purely software-based AI models to tangible, AI-powered devices. Kalinowski’s background in AR, combined with her experience in large-scale hardware projects at Meta and Apple, uniquely positions her to drive OpenAI's hardware ambitions. The move comes at a time when AI hardware is booming, driven by companies like Nvidia and TSMC. Although the industry has seen several attempts at integrating AI into consumer products, most, like Amazon’s smart speakers, have yet to achieve the mass market appeal of smartphones. OpenAI’s new approach may involve partnerships with major manufacturers rather than in-house production, allowing the company to focus on refining AI models while tapping into established supply chains. This strategy could fast-track AI hardware into the hands of everyday users and potentially create the long-awaited "iPhone moment" for AI-powered devices. Memecoins and the Election: Crypto Enthusiasts Weigh In Election Day has also brought excitement to the cryptocurrency market, with memecoins inspired by candidates Donald Trump and Kamala Harris experiencing dramatic trading activity. As Trump embraces the label of “crypto candidate,” Trump-themed memecoins, such as MAGA and TRUMP, have attracted significant attention despite recent drops in market value. These tokens, designed with no official political affiliation, are a popular choice among traders looking to make speculative bets on the election outcome. Tokens like MAGA and Super Trump (STRUMP) command large market caps, though they have seen declines of up to 30% in recent weeks. Still, the high volatility surrounding these tokens provides ample opportunity for traders seeking quick profits. Conversely, Harris-themed tokens, while fewer in number, are on the rise. The largest, “Kamala Horris” (KAMA), surged 40% over the past week, reflecting a counter-movement among traders aligning with her platform. The hype around these tokens is evident in the Ethereum and Solana blockchains, which have seen hundreds of new tokens referencing Trump and Harris. The crypto community’s interest in these political tokens underscores a cultural shift where digital assets are used not only as speculative instruments but as a form of political expression. Read More: Top PolitiFi and Trump-Themed Coins Amid US Elections 2024 Apple’s Expansion into Augmented Reality Source: Apple Apple’s potential entry into the augmented reality (AR) market could be a game-changer for the tech industry. Known for revolutionizing each category it enters, Apple’s foray into AR has the potential to shake up the market, directly challenging Meta's stronghold in the AR and Metaverse space. According to reports, Apple is working on smart glasses to rival Meta’s Orion, leveraging its reputation for user-friendly, high-quality design to attract consumers who may be hesitant about AR. Apple’s focus on expanding its product line aligns with its broader strategy to push boundaries in wearable technology, which includes iPhones, Apple Watches, and AirPods. The development of an AR product would not only place Apple in direct competition with Meta but could also stimulate innovation across the industry. As the AR space becomes more crowded, Apple’s entry could provide the breakthrough needed to bring AR into the mainstream. If successful, Apple’s AR venture could significantly contribute to its growth trajectory, potentially setting another market cap milestone for the company. Conclusion The surge in Election Day betting, the push for consumer-oriented AI hardware, and Apple’s bold AR ambitions highlight a rapidly changing landscape where politics, technology, and finance intertwine. Prediction markets reflect the public’s growing interest in speculative finance, while OpenAI’s hardware division and Apple’s AR aspirations showcase advancements that could redefine consumer technology. As these trends converge, the actions of major players like Polymarket, OpenAI, and Apple will shape how technology integrates into our daily lives, making the future of politics, AI, and AR both exciting and unpredictable. The race for dominance is on, and the leaders in these sectors are poised to drive the next wave of digital transformation.
Bitcoin Traders Brace for U.S. Election Volatility as CME Options Show Potential Market Jitters
Bitcoin traders are gearing up for a volatile week as the U.S. presidential election draws near. On the CME, data shows a surge in demand for put options, signaling that investors are protecting themselves against potential price drops. Quick Take Traders on the CME are hedging against potential Bitcoin price drops due to U.S. election volatility. A Trump victory could boost crypto markets, while a Harris win may dampen industry enthusiasm, according to reports on Cointelegraph. Bitcoin dominance surges to a new high of almost 60% before the US election outcome, overshadowing altcoins as traders prioritize BTC exposure. Bitcoin's implied volatility remains low, but experts anticipate post-election price swings. CME Data Reveals Downside Protection: Put Options Pricier Than Calls Bitcoin risk reversal | Source: CoinDesk Put options on the CME have become pricier relative to calls, especially those expiring within a week. This trend reflects traders’ caution, as many prepare for sharp price movements once election results come in. The 25-delta risk reversal—a key metric comparing the implied volatility of puts and calls—has turned negative. This shift reveals a market preference for downside protection. CF Benchmarks analysts noted, “Bitcoin options traders are clearly hedging against potential price swings due to the U.S. election.” Deribit Options Market Aligns with Broader Sentiment On Deribit, the sentiment is mixed but leans bullish for the month ahead. Data from Amberdata shows a largely neutral bias for short-term options, but with an increasingly positive outlook for later expiries. The absence of a strong bearish tilt suggests that traders are largely “waiting and watching.” In case you missed it, KuCoin has recently launched options trading on the mobile app for BTC and ETH. Learn more about how options trading on KuCoin works. In addition, ETFs tied to Bitcoin and Ethereum remain popular trading assets, viewed by some as “call options” on the election's outcome. A favorable regulatory environment could propel these funds forward, signaling confidence in digital assets. Can US Election Outcome Drive Bitcoin Price Action? The market’s response hinges largely on the election’s outcome. Polls indicate a close race, with crypto-friendly candidate Donald Trump trailing narrowly. Analysts suggest that a Trump victory could ignite a crypto rally, while a Harris win might result in stricter regulations, slowing the sector’s momentum. Matthew Sigel, Head of Digital Assets Research at VanEck, noted, “A year-end rally to $80,000 remains within sight if broader economic conditions align,” pointing to the November 29 options showing a call bias as a sign of longer-term market optimism. Read more: Election Fever Fuels $2.2 Billion in Crypto Markets: Memecoin Indexes, PolitiFi MemeCoin Craze, and more: Nov 5 Bitcoin Dominance Climbs as Altcoins Falter Bitcoin dominance crosses 57% | Source: CoinStats Bitcoin’s dominance has soared to a new cycle high, capturing over 57% of the crypto market. As traders focus on BTC, altcoins struggle to keep up, with several down by 10% or more from recent highs. Funding rates have stabilized, signaling limited speculative interest in altcoins. Analysts from Bitfinex warn that without a new catalyst, altcoins may continue to lag. They commented, “The speculative interest that once fueled altcoins has shifted to Bitcoin.” Election Week: “Calm Before the Storm” for Bitcoin With election day here, Bitcoin’s implied volatility remains unexpectedly low. Analysts at Bitfinex see this as a temporary lull, possibly preceding a sharp increase in volatility once results are finalized. This “calm before the storm” period may give way to significant price swings, especially if the election outcome surprises the market. As the race concludes, traders should prepare for a high-stakes week where unexpected moves in Bitcoin’s price may create opportunities—or risks—for those unprepared. Read more: Bitcoin Price Prediction Ahead of the 2024 US Election: Bullish or Bearish?
Election Fever Fuels $2.2 Billion in Crypto Markets: Memecoin Indexes, PolitiFi MemeCoin Craze, and more: Nov 5
At 8:00 AM UTC+8, Bitcoin was priced at $67,857, showing a -1.33% decrease, while Ethereum stood at $2,398, down by -2.41%. The market's 24-hour long/short ratio in the futures market was almost balanced at 49.2% long versus 50.8% short positions. The Fear and Greed Index, which measures market sentiment, was at 70 yesterday and also stayed at the Greed level today at 70 today. As the U.S. presidential election nears, the crypto world is experiencing a surge in activity. From political memecoins tied to election outcomes to major fund inflows driven by political hype, the intersection of politics and cryptocurrency has created a whirlwind of speculation and opportunity. What’s Trending in the Crypto Community? The Ethereum whitepaper has been available for 11 years. Solana’s on-chain DEX has achieved a weekly trading volume of $12.7 billion, ranking first for four consecutive weeks. Bitcoin mining difficulty rose by 6.24% this morning, reaching a new high of 101.65 T. OpenSea's CEO announced the platform has been completely rebuilt and will relaunch in December. Trump's winning probability on Polymarket has increased to 59.1%. Crypto Fear & Greed Index | Source: Alternative.me Trending Tokens of the Day Top 24-Hour Performers Trading Pair 24H Change DOGE/USDT +7.26% XMR/USDT +3.12% SHIB/USDT +2.64% Trade now on KuCoin Read More: Crypto Market Braces for Election Volatility, November Token Unlocks, and Peanut Memecoins: Nov 4 Hype Launches President Memecoin Index to Track Election Trends Hype, a new memecoin trading platform, launched the President Memecoin Index to help traders track and trade tokens tied to the upcoming U.S. election. Since the presidential debate in September, Trump-themed tokens have surged by 86.9%. Hype operates on Solana and Base and offers traders a way to track the biggest memecoins linked to the U.S. election. These tokens include Doland Tremp (TREMP), MAGA token (TRUMP), Donald Trump (TRUMP), Kamala Horris (KAMA), Krazy Kamala (KAMALA), and KAMALA HARRIS (HARRIS). Though not officially affiliated, these tokens reflect interest around the candidates. Ravi Bakhai, founder of Hype, explained that political memecoins often lack a single unifying token. For example, several tokens may be associated with a president, so the index helps capture broader interest around the trend. The index acts like betting platforms, offering insight into election sentiment by analyzing token performance. Political memecoins belong to a new trend called PoliFi, which combines politics and decentralized finance. For example, MAGA Memecoin now has nearly 100,000 holders across Ethereum, Solana, and Base, showing its appeal beyond the typical memecoin audience. Bakhai explained that people can buy a candidate’s token if they believe in their success. As attention grows for a candidate, their token's value rises, turning political interest into price gains. The index data shows the Trump-themed tokens up by 86.9% since mid-September. Tokens linked to Kamala Harris have increased by 48.9%. The trends mirror what prediction platforms like Polymarket and Kalshi are showing. Trump led by a wide margin, but Harris has been closing the gap. Source: Polymarket Polymarket puts Trump's chances of winning at around 57%, down from over 66% at the end of October. Bakhai highlighted the difference between token trading and prediction markets: memecoins have no limit to their price upside. Token prices may keep climbing long after the election results come out. Read More: Top PolitiFi and Trump-Themed Coins Amid US Elections 2024 Crypto Funds Surge to $2.2 Billion Amid Election Hype Flows by assets (in millions of US dollars). Source: CoinShares Crypto investment products saw $2.2 billion in inflows from October 26 to November 2. Year-to-date (YTD) inflows reached a record $29.2 billion, as reported by CoinShares. The four weeks of consecutive inflows totaled over $5.7 billion, representing 19% of all YTD inflows. The latest surge in crypto fund inflows pushed total assets under management to over $100 billion for only the second time in history. This matched levels previously seen in June, which stood at $102 billion. James Butterfill, CoinShares' head of research, attributed the inflows to excitement around the U.S. presidential election. Butterfill noted that euphoria about a possible Republican victory drove early inflows, but the shifting polls led to some outflows at the end of the week. He emphasized that Bitcoin remains particularly sensitive to U.S. election news. Last week, Bitcoin received most of the inflows, reaching $2.2 billion, as its price neared all-time highs. Investors also poured $8.9 million into short-Bitcoin products, positioning themselves to profit from potential price drops. Read More: Bitcoin Prediction to $100K, GRASS Airdrop Sets Records, and Robinhood's Crypto Surge: Oct 31 Ethereum: The Next Amazon? Leena ElDeeb, a research analyst at 21Shares, compared Ethereum to Amazon in the 1990s. She said Wall Street investors still underestimate Ethereum’s potential. According to ElDeeb, big inflows will come once people recognize Ethereum's value. Spot Ether exchange-traded funds (ETFs) launched in July but have seen modest inflows compared to Bitcoin ETFs. ElDeeb explained that, like Amazon, Ethereum started with a simple purpose—smart contracts—but it now supports over $140 billion in decentralized finance (DeFi) applications. Federico Brokate, vice president at 21Shares, noted that Amazon started as a bookstore before transforming into a digital powerhouse. He believes Ethereum’s development follows a similar path, from supporting basic applications to becoming a major force in decentralized finance. Source: X PolitiFi: Trump Supporters Promote the MAGA Memecoin (TRUMP) ahead of the Election Source: X As the U.S. election approaches, Trump supporters are rallying around a trending PolitiFi project called MAGA Memecoin (TRUMP). PolitiFi tokens blend politics, pop culture, and crypto. They create digital communities where supporters invest in a cause, a candidate, or a vision. PolitiFi tokens like MAGA Memecoin aim to keep political discussions alive while encouraging engagement. MAGA Memecoin is a tribute to Donald Trump and his "Make America Great Again" (MAGA) movement. The token’s creators said that Trump is "the most memetic human ever," and the memecoin captures this attention. MAGA Memecoin isn’t just about memes—it has a mission. The team distributed one million branded TRUMP napkins to bars and restaurants across the U.S. to spread awareness. Each napkin links to a platform where users can easily buy TRUMP using Apple Pay. MAGA Memecoin has lasted beyond the usual lifespan of most memecoins. The team has also donated over $2 million to nonprofits supporting veterans and fighting child trafficking. This charity-driven approach gives MAGA Memecoin a real-world purpose. Every week, MAGA supporters gather on platforms like X, featuring political guests like Roger Stone and Antonio Brown. The community also launched a video game called "Make Cats Safe Again," where a pixelated Trump must save cats to win the presidency. MAGA Memecoin now has nearly 100,000 holders across Ethereum, Solana, and Base, showing its appeal beyond the typical memecoin audience. Source: X Squirrel Memecoins Take Off with Peanut ($PNUT) on Pump.Fun Crypto traders are jumping on the Peanut the squirrel trend. Peanut’s story went viral, inspiring memecoins on the Solana-based Pump.fun platform. Two of the biggest squirrel tokens—PNUT and Nut In Profit (NIP)—now have over $37 million riding on them. Nut In Profit launched just six hours before the story broke. Pump.fun allows anyone to launch a token using a bonding curve mechanism that raises prices as demand increases. Once a token hits $69,000 in market cap, it automatically migrates to Solana’s decentralized exchange, Raydium. Elon Musk, also posted about Peanut on X, adding to the hype. Musk is known for boosting memecoin popularity, especially with Dogecoin. Conclusion The upcoming U.S. election has sparked a wave of hype, speculation, and creative projects in the crypto space. From Hype's President Memecoin Index, which tracks political tokens, to PolitiFi projects like the MAGA Memecoin and even squirrel-themed tokens inspired by Peanut, investors are using memecoins to speculate on political outcomes and leverage cultural moments to create digital assets. As election day approaches, crypto traders should be prepared for increased volatility and new opportunities. Read more: Bitcoin Price Prediction Ahead of the 2024 US Election: Bullish or Bearish?
Bitcoin Price Prediction Ahead of the 2024 US Election: Bullish or Bearish?
As the US presidential election draws near, Bitcoin (BTC) is showing significant price volatility. With the odds narrowing between the candidates, Bitcoin’s recent price action reflects both political and economic jitters among investors. This analysis explores how the election’s outcome could impact BTC’s trajectory, with expert insights suggesting a mix of possible highs and potential pullbacks. Quick Take Bitcoin’s price has experienced sharp swings, dipping below $69,000 and triggering nearly $350 million in liquidations ahead of the US election. A Trump win is seen as potentially bullish for Bitcoin, with projections of BTC reaching $100,000 or more due to his pro-crypto stance. In contrast, a Harris victory could introduce more regulation, potentially tempering Bitcoin's upward momentum. Amid economic concerns, Bitcoin remains attractive as a hedge against inflation and market instability, drawing interest from both retail and institutional investors. Recent SEC approvals of Bitcoin ETFs have boosted BTC’s stability and liquidity, with increasing institutional investments contributing to long-term growth potential. Key support around $66,200 and resistance at $73,800 are critical levels; breaking either could signal significant price movement as election day approaches. Bitcoin’s Pre-Election Price Swings: $73,000 to Under $69,000 BTC/USDT price chart | Source: KuCoin Over the past week, Bitcoin’s price has fluctuated considerably, nearing an all-time high before pulling back sharply. After a surge to almost $73,300, Bitcoin fell below $69,000 on November 3, triggering nearly $350 million in liquidations across both long and short positions, according to data from CoinGlass. As of now, BTC remains under this key level, trading around $68,500, but market conditions remain tense as election day approaches. Political Influence on BTC Sentiment: Trump vs. Harris Bitcoin price prediction for November on Polymarket | Source: Polymarket The Bitcoin market has been closely watching the election polls, particularly on Polymarket, where Trump initially held a lead but recently saw his odds dip from 67% to 56%. Trump’s pro-crypto stance includes pledges to reshape the regulatory environment by removing obstacles, which many believe could open doors for Bitcoin adoption and support a BTC price rally if he wins. In contrast, Harris has taken a more cautious approach, advocating for a framework focused on consumer protection and market transparency. This regulatory stance could temper Bitcoin’s upward momentum if she wins, as the market may brace for tighter oversight. Read more: Top PolitiFi and Trump-Themed Coins Amid US Elections 2024 Potential Market Scenarios Trump vs. Kamala: who’s the next US President | Source: Polymarket Trump Win: Market sentiment suggests Bitcoin could rally to $100,000 or beyond if Trump secures the presidency. His promise to make the US a “crypto capital” resonates with pro-crypto investors, who see his leadership as an opportunity to remove perceived regulatory hurdles. Harris Win: Analysts predict a more restrained Bitcoin response if Harris prevails. With a focus on consumer protection, her administration may prioritize regulatory clarity without the deregulatory zeal Trump has proposed. However, this approach could also support sustainable growth in the long term by establishing clearer rules for institutional involvement. Bitcoin Set for a $6,000–$8,000 Seesaw as US Election Nears: Analyst Insights According to Greg Magadini from Amberdata, BTC could experience a $6,000–$8,000 price swing post-election. The annualized forward volatility derived from options trading on platforms suggests a range of potential price movements, with a 1.5-sigma (standard deviation) scenario likely to drive BTC’s price by as much as $8,000. This projection is influenced by the tight race between Trump and Harris, which heightens market uncertainty. Magadini noted that options traders are preparing for possible price swings by buying call options at strikes of $70,000, $85,000, and $90,000, indicating bullish expectations. This trend is mirrored in the CME options market, where calls are pricing higher than puts, reflecting optimistic sentiment despite current spot price weakness. Joshua Lim, co-founder of Arbelos Markets, added that Bitcoin’s volatility curve points to an expected 7%-8% price movement around critical events, including the Fed’s interest rate decision and election results. These figures suggest heightened activity as investors gear up for post-election shifts. Read more: Top Hedging Strategies to Protect Your Portfolio in the Crypto Market in 2024-2025 Bitcoin Technical Analysis: Key Levels to Watch for BTC Source: Henrik Zeberg on X Bitcoin’s recent price action highlights critical support and resistance levels, with $66,200 identified by analysts as a local bottom. If BTC dips below this level, it may experience further downward pressure. On the upside, breaking resistance near $73,800 could indicate renewed bullish momentum. Technical indicators such as the Ichimoku cloud and Fibonacci retracement suggest that Bitcoin is at a pivotal juncture, with the potential for significant movement as election day approaches. Support Levels: The area around $66,200 has been identified as a “must-bounce zone” for Bitcoin. Failure to hold this support could signal a deeper correction. Resistance Levels: A breakthrough past $73,800 could set the stage for Bitcoin to test new highs, possibly reaching $78,000 or more in the short term. Beyond Elections: What’s Influencing BTC Price? In addition to the upcoming 2024 US elections, Bitcoin price faces considerable volatility due to other key factors, especially: Bitcoin as a Hedge in a Fragile Economic Environment The current economic backdrop, including soaring national debt and inflation concerns, has made Bitcoin an attractive hedge for investors. BTC’s decentralized nature and capped supply create an appeal as a safe-haven asset amid traditional market instability. Notably, experts like Henrik Zeberg predict that Bitcoin’s resilience could drive its price higher despite political uncertainties. In this light, BTC’s function as a financial hedge could persist, regardless of the election outcome. The Role of Regulatory Clarity and Spot ETFs in BTC Growth Bitcoin ETF inflows | Source: CoinGlass A significant driver of Bitcoin’s recent price movements has been the anticipation of regulatory clarity, particularly around spot Bitcoin ETFs. With the SEC’s approval of ETFs, Bitcoin has seen increased liquidity and stability. Institutional players like BlackRock are now able to offer Bitcoin exposure to traditional investors, creating a bridge between the crypto and financial markets. This dynamic has contributed to BTC’s recent price stability and positions it for potential long-term growth under a favorable regulatory framework. Conclusion: Can Bitcoin Price Touch $100,000 Post-Election? The 2024 US presidential election presents a unique inflection point for Bitcoin. While the election’s outcome will likely influence short-term market sentiment, Bitcoin’s broader trajectory remains supported by strong fundamentals. From regulatory clarity to its role as a hedge against economic instability, BTC’s appeal continues to grow. Experts like 10x Research and Henrik Zeberg forecast that Bitcoin could reach $100,000 or higher in the coming years, with institutional interest and economic factors driving demand. In the days ahead, heightened volatility is expected, but Bitcoin’s long-term potential remains intact. Whether fueled by Trump’s pro-crypto stance or Harris’s regulatory balance, Bitcoin’s march towards new highs seems inevitable. As the election unfolds, Bitcoin investors should keep an eye on key technical levels and consider the broader economic backdrop to navigate potential price movements. Read more: Crypto Market Braces for Election Volatility, November Token Unlocks, and Peanut Memecoins: Nov 4
PHIL Token Airdrop: Exclusive Rewards for Eligible SHIB Holders
Shiba Inu (SHIB) holders who have stored their tokens in a self-custody wallet, such as MetaMask or Trust Wallet, are now eligible for an exclusive PHIL Token airdrop. This community-driven token initiative rewards SHIB holders who meet specific eligibility criteria. Here’s a breakdown of the airdrop process and how to participate. Quick Take PHIL tokens are available only to SHIB holders with self-custody wallets. Users can submit SHIB wallet address to the designated page and follow social media steps to double rewards. Users are required to follow PHIL and SHIB on Twitter, retweet the announcement for a chance at bonus tokens in order to boost $PHIL Airdrop Rewards. PHIL was created by a mysterious Ethereum OG known as ZZ-410. PHIL plans to unite meme tokens for charity events and community impact. How to Claim Your PHIL Token Airdrop To be eligible for the PHIL airdrop, SHIB tokens must have been held in a self-custody wallet, such as MetaMask or Trust Wallet, on August 28, 2024 (block height 20,627,000). Tokens held on centralized exchanges do not qualify for this airdrop. Eligible SHIB holders can claim their airdrop by submitting their wallet address to the designated PHIL claim page. The airdrop is structured in a tiered system, where the first 10,000 entries are guaranteed a minimum of 500 PHIL tokens, with some wallets potentially receiving up to 500,000 PHIL. How to Boost Your $PHIL Airdrop Rewards To increase your chances of earning more PHIL tokens, you can complete additional steps to qualify for a higher reward and enter a special draw. Simply follow @PhilTokenETH and @Shibtoken on Twitter, then retweet the official airdrop announcement. By doing so, you’ll become eligible for a "Lucky Draw," which includes a grand prize of 250,000 PHIL tokens, offering participants an extra reward opportunity. How to Claim PHIL Token Airdrop on KuCoin Source: X KuCoin has launched a PHIL Token airdrop campaign, offering opportunities for both new users and existing KCS holders to earn PHIL tokens. The campaign runs from November 1, 2024, 10:00 UTC, to November 8, 2024, 10:00 UTC. Activity 1: New User Welcome Airdrop New users who complete the following steps during the campaign period will share a pool of 2,000,000 PHIL tokens: Register an Account: Sign up on KuCoin. Complete KYC Verification: Verify your identity through KuCoin's Know Your Customer (KYC) process. Deposit or Trade: Make a deposit or trade at least 100 PHIL on KuCoin. The first 4,000 eligible new users will each receive 500 PHIL tokens, distributed based on registration time. Activity 2: KCS Holder Airdrop Existing users holding at least 10 KCS in their KuCoin accounts during the campaign are eligible for a share of 3,000,000 PHIL tokens. The distribution is proportional to each user's KCS holdings, with a maximum reward of 5,000 PHIL per participant. For detailed information and updates, please refer to KuCoin's official announcement. Who Created PHIL Token? The PHIL token comes from a mysterious figure known as ZZ-410, a reputed Ethereum developer from the early days of crypto. Using an old Ethereum wallet filled with 2,000 ETH, ZZ-410 launched PHIL with a mission to promote decentralization, support communities, and inspire long-term growth. The Vision Behind PHIL: Uniting Memecoins for Good Source: X PHIL isn’t just another meme token. The project’s mission is to unite the top 50 meme coins, forming a collective of community-driven projects that will host charity events for various causes. Each new partnership triggers a philanthropic event, showing that even in the world of meme coins, there’s room for impact and goodwill. With a total supply of 1 billion tokens and an initial market cap of $100,000, PHIL is already gaining momentum in the crypto market. Its community-centric approach has captured the interest of SHIB holders and other meme token enthusiasts alike. The team has ambitious plans for PHIL, including further partnerships and events that will bring more visibility to the token. As the community grows, PHIL’s value and impact are expected to increase, making it a token to watch in the world of meme coins. Read more: Best Memecoins to Know in 2024 Final Thoughts The PHIL airdrop provides SHIB holders with an opportunity to engage in a new community-driven project focused on philanthropy and collaboration. With its unique mission, PHIL aims to differentiate itself within the meme coin space. SHIB holders with qualifying wallets may find this an appealing chance to claim free tokens. However, as with any airdrop or new token project, it's important to exercise caution, as the cryptocurrency market is inherently volatile. Always assess your own risk tolerance before participating. Read more: November 2024 Airdrops: Boost Your Crypto Earnings with This Complete Guide
Major Token Unlocks in November 2024: Everything You Need to Know
November 2024 will see $2.6 billion worth of crypto tokens unlocked across major blockchain projects, including Sui, Aptos, Arbitrum, and more. These releases will affect market liquidity and token values. A total of $2.6 billion worth of tokens will be unlocked this month. Investors must understand these events to navigate the market effectively. Below are the key unlocks and their potential impact. Immutable ($IMX) - November 1 On November 1, Immutable released 32.47 million IMX tokens. This unlock represented 1.98% of the total supply, valued at $45.5 million. Immutable led in NFT and blockchain gaming, offering a platform that scaled without gas fees. This token release added substantial supply to the market. More tokens drove prices down as some investors sold their newly available tokens. However, this unlock also presented opportunities for investors looking to enter at a lower price. The token’s future depended on how the gaming and NFT sectors performed. If the demand for NFTs grew, the increased supply could be absorbed faster. Read More: Top 7 Telegram Tap-to-Earn Crypto Games to Know in 2024 ZetaChain (ZETA) - November 1 On November 1, ZetaChain unlocked 53.89 million ZETA tokens. This accounted for 11.72% of the circulating supply, valued at $34.3 million. ZetaChain enabled seamless interaction between blockchains. The token unlock significantly increased supply. A larger supply often led to lower prices, especially in the short term. However, ZetaChain’s mission to unify isolated blockchain networks gave it an edge. Success depended on maintaining demand and expanding partnerships. If the project continued to build strong collaborations, the market impact could be minimized, and the added supply could find utility. Sui ($SUI) - November 3 On November 3, Sui released 81.91 million SUI tokens. This equals 2.97% of its total supply, valued at $128.4 million. Sui is a high-speed Layer 1 blockchain that uses the Move programming language. This large token unlock may lead to a dip in price. The added supply will test the market's ability to absorb new tokens. Sui’s value lies in its focus on speed and scalability. If the blockchain continues to attract developers and users, it can handle the increased supply. The market will look at new partnerships and projects on Sui as indicators of its potential growth. Read More: Top Sui Memecoins to Watch in 2024-25 Neon (NEON) - November 7 Neon will unlock 53.91 million NEON tokens on November 7. This represents a massive 93.43% of its total circulating supply, valued at $22.2 million. Neon builds Ethereum Virtual Machine (EVM) compatibility on Solana. This unlock will flood the market with almost the entire circulating supply. The potential for drastic price swings is high. Neon’s success depends on its ability to bridge the Ethereum and Solana ecosystems. If developers adopt Neon to bring dApps to Solana, the new supply could gain use. However, a lack of developer interest could lead to severe price drops. The project's growth hinges on increasing the number of applications and fostering developer trust. Aptos (APT) - November 12 On November 12, Aptos will release 11.31 million APT tokens. This unlock represents 2.18% of the circulating supply, valued at $114 million. Former Meta engineers developed Aptos with technology from the Diem blockchain. Aptos focuses on scalability and security through advanced consensus mechanisms. The increase in available tokens could push prices lower as more holders may decide to sell. However, Aptos’s strong technology foundation may support market stability. The project's success will depend on building a thriving ecosystem of users and developers. Investors will look for adoption metrics and ongoing partnerships to gauge Aptos’s potential resilience. The distribution of these tokens will be as follows: Foundation: 1.33 million APT ($11.84 million) Community: 3.21 million APT ($28.51 million) Core contributors: 3.96 million APT ($35.15 million) Investors: 2.81 million APT ($24.93 million) Starknet (STRK) - November 15 Starknet will release 64 million STRK tokens on November 15. This accounts for 3.3% of the circulating supply, valued at $24.8 million. Starknet is a Layer 2 scaling solution for Ethereum. It aims to improve Ethereum’s transaction speed and lower costs. According to their website , Starknet uses the power of STARK technology to ensure computational integrity. By validating off-chain transactions with advanced math and cryptography, Starknet overcomes Ethereum’s scalability limitations. Starknet is a Validity Rollup that provides unlimited scale while retaining Ethereum’s security and decentralization. The increased supply could lead to short-term selling pressure. However, Starknet’s value proposition as a scalability solution could help absorb this new supply. The project’s future relies on its ability to attract projects seeking cheaper and faster Ethereum transactions. The unlock will test Starknet’s adoption rate and whether users see it as a key component of Ethereum’s growth. Arbitrum ($ARB) - November 16 Arbitrum will unlock 92.65 million ARB tokens on November 16. This release represents 2.33% of its total circulating supply, valued at $49.5 million. Arbitrum is one of the leading Layer 2 solutions for Ethereum. It aims to provide cheaper and faster transactions while maintaining Ethereum's security. The added supply could impact ARB’s price negatively if many holders decide to sell. However, Arbitrum’s large user base and ecosystem strength could help stabilize the market. According to their website, the Arbitrum Nitro Stack is designed to boost throughput, lower transaction costs, and achieve compatibility with Ethereum, all while upholding Arbitrum’s security standards. Nitro exists in two different variants, Arbitrum Rollup and Arbitrum AnyTrust. The token’s performance will depend on ongoing user adoption and the number of projects using Arbitrum’s solutions. New partnerships and integration with dApps will be crucial to mitigating the impact of this unlock. Team, future team, and advisors: 56.13 million ARB ($29.43 million) Investors: 36.52 million ARB ($19.15 million) Polyhedra Network (ZKJ) - November 19 Polyhedra Network will unlock 17.22 million ZKJ tokens on November 19. This accounts for 28.52% of its circulating supply, valued at $19.8 million. Polyhedra focuses on privacy and security using zero-knowledge proof (ZKP) technology. According to their website, zkBridge uses zkSNARKs to enable a prover to efficiently convince the receiver chain that a certain state transition happened on the sender chain. zkBridge consists of a block header relay network and an updater contract. The result is that the updater contract maintains a light-client state. It automatically adds block headers of the sender chain once the associated proofs are verified, and updates the current main chain of the sender chain.This release will add a large number of tokens to the market. The increase could result in price drops as supply outpaces demand. Polyhedra’s success will depend on its ability to prove its worth in the privacy space. As privacy becomes more important to blockchain users, Polyhedra may see increased adoption. The market will watch for developments in its privacy solutions and partnerships with other blockchain projects. Token Unlocks’ Impact on the Crypto Market These token unlocks will collectively release $2.6 billion worth of assets into the market. The increased supply will lead to selling pressure and likely cause short-term price drops. Projects like Sui, Aptos, and Neon will see the most dramatic impacts due to the size of their unlocks. Investors must monitor how well these projects manage the new supply. Projects like Arbitrum and Starknet, with strong user bases, may handle the supply increase better than others. The overall market could see increased volatility throughout November. Token unlocks can also provide buying opportunities for investors looking for lower entry points. As supply increases, prices may dip, allowing for strategic accumulation. November will be a month of heightened activity in the crypto market. Investors should stay informed and adapt to the evolving conditions to manage risks effectively. ARB Unlock. Source: Tokenomist Conclusion November 2024 is a critical month for token unlocks. A total of $2.6 billion worth of crypto assets will enter the market. The influx of new tokens will increase supply and create downward price pressure, especially for IMX, NEON, and ARB. While this could cause temporary challenges, it also opens up opportunities for those ready to accumulate tokens at lower prices. Staying informed and prepared will be essential as the market reacts to these significant changes.
Hamster Kombat Mini Game Puzzle Solution, November 4, 2024
Hello, Hamster Kombat CEO! Did you withdraw your $HMSTR yesterday and trade it for profit? $HMSTR was finally launched on CEXs, including KuCoin, on September 26 after months of hype. $HMSTR is now trading at $0.002428 at the time of writing. Now the game is in its Interlude Season, and your efforts in solving daily challenges to maintain your edge as a Hamster Kombat player will pay off. Hamster Kombat’s mini-game puzzle offers a chance to earn valuable golden keys, with the mining phase ending on September 20, 2024. Quick Take Solve today's Hamster Kombat mini-game puzzle and claim your daily golden key for the day. The $HMSTR token airdrop and TGE event took place on September 26, 2024. $HMSTR token was listed on top centralized exchanges, including KuCoin, on the same day. Boost your earnings with the new Hexa Puzzle mini-game and exploring Playground games In this article, we provide the latest puzzle solutions and tips on how to secure your golden key, along with insights into the new Playground feature, which can boost your airdrop rewards. Read More: What Is Hamster Kombat Hexa Puzzle Mini Game and How to Play? Hamster Mini Game Puzzle Solution, November 4, 2024 The Hamster mini-game sliding puzzle mimics the fluctuations of a crypto price chart’s red and green candlestick indicators. Here’s how to solve it: Analyze the Layout: Examine the puzzle to spot the obstacles. Move Strategically: Focus on clearing the candles that block your path. Quick Swipes: Speed is crucial! Make sure your moves are fast and accurate to beat the timer. Monitor the Clock: Keep an eye on the countdown to avoid running out of time. Don’t worry if you fail! You can retry after a short 5-minute cooldown. Hamster Kombat ($HMSTR) is launched on KuCoin for spot and futures trading. You can deposit $HMSTR with 0 gas fees and start trading the token now! Hamster Kombat’s New Hexa Puzzle Mini-Game to Mine Diamonds In addition to the sliding puzzle, Hamster Kombat has introduced the Hexa Puzzle, a match-based game that allows you to stack tiles on a hexagonal grid and continuously earn Hamster diamonds. It’s a fantastic way to accumulate diamonds ahead of the token launch, with no restrictions. Earn More Diamonds From Games in the Playground The Playground feature offers opportunities to earn valuable diamonds by engaging with partner games. Each game provides up to four diamonds. Here’s how to participate: Select a Game: Choose from 17 available games, including Train Miner, Coin Masters, and Merge Away. Complete Tasks: Play and complete tasks to grab diamonds. Redeem in Hamster Kombat: Enter your key code in Hamster Kombat to boost your earnings in the game. These games are simple, free-to-play, and enhance your earning potential for the upcoming $HMSTR airdrop. Hamster Kombat TGE and Airdrop is Here The highly anticipated $HMSTR token airdrop finally took place yesterday, on September 26, 2024. Previously, the token was available for pre-market trading on platforms such as KuCoin. Yesterday, the token distribution occurred, and users have now received their tokens after months of waiting. Besides, players can now withdraw their tokens to selected CEXs including KuCoin from other TON-based wallets in Telegram. As the airdrop event took place, The Open Network (TON) faced challenges due to a heavy network load caused by the large number of minted tokens generated on the platform. Read more: Hamster Kombat Announces Token Airdrop and Launch on The Open Network for Hamster Kombat Airdrop Task 1 Goes Live: How to Link Your TON Wallet Hamster Kombat Adds Airdrop Allocation Points Feature Ahead of HMSTR Airdrop As per the Hamster Kombat whitepaper, sixty percent of the total token supply will be distributed to eligible players, while the rest will go toward market liquidity and ecosystem growth, ensuring long-term sustainability. Hamster Kombat Welcomes the Interlude Season before the Season 2 Starts The conclusion of Hamster Kombat Season 1 doesn’t mark the end of the game, as players now enter the Interlude Season. This warm-up phase will last a few weeks before the launch of Season 2. During this period, players can focus on farming diamonds, which will provide advantages in the upcoming season. The more diamonds you collect, the greater the benefits in Season 2. The Interlude Season offers a valuable opportunity for players to prepare and get ahead before new challenges and rewards are introduced. Read More: Hamster Kombat Welcomes the Interlude Season Before the Token Airdrop on Conclusion Now that the $HMSTR token has officially launched and the TGE has occurred, you can still stay active in Hamster Kombat’s daily puzzles and Playground games. Continue collecting keys to enhance your rewards and take advantage of ongoing opportunities as you wait for Season 2 to kick off. For more updates and details, bookmark this page and follow KuCoin News. Read more: How to Buy and Sell Hamster Kombat (HMSTR) Tokens: A Comprehensive Guide
Crypto Market Braces for Election Volatility, November Token Unlocks, and Peanut Memecoins: Nov 4
At 8:00 AM UTC+8, Bitcoin was priced at $69,203, showing a -0.86% decrease, while Ethereum stood at $2,476, down by -1.46%. The market's 24-hour long/short ratio in the futures market was almost balanced at 48.7% long versus 51.3% short positions. The Fear and Greed Index, which measures market sentiment, was at 74 yesterday, indicating Greed level and has decreased to 70 today, maintaining the crypto market at the Greed territory. What’s Trending in the Crypto Community? The U.S. will begin its 2024 presidential election on Tuesday, with major polls showing a close race between Trump and Harris. Tether's secured loans in reserves have reached a total of $6.72 billion, fully backed by liquid assets. Ethereum's net supply increased by 11,609 coins over the past seven days. On Polymarket, Trump's probability of being elected president dropped to 56.6%, while Harris's rose to 43.6%. U.S. Bitcoin spot ETFs saw a cumulative net inflow of $2.22 billion this week. Crypto Fear & Greed Index | Source: Alternative.me Trending Tokens of the Day Top 24-Hour Performers Trading Pair 24H Change GRASS/USDT +9.29% GOAT/USDT +24.84% SUI/USDT +2.59% Trade now on KuCoin Read More: Bitcoin Prediction to $100K, GRASS Airdrop Sets Records, and Robinhood's Crypto Surge: Oct 31 The crypto market is buzzing with major developments. Traders and investors are preparing for a mix of heightened BTC and ETH volatility as election results loom, substantial token unlocks this month, and a surge in Peanut-themed memecoins on Solana. Each of these events holds the potential to significantly impact the market, making it crucial to understand the details and what might come next. BTC and ETH Volatility Surge Ahead of Election Results BTC/USDT price chart | Source: KuCoin Bitcoin and Ethereum are currently experiencing a surge in volatility, largely driven by uncertainty surrounding upcoming election results. Nick Forster, founder of Derive.xyz, reported that Bitcoin's forward volatility has jumped to 80.3%, compared to its previous level of 72.2%. Ethereum, too, saw its volatility rise, moving from 75.4% to 82.9%. This sharp increase points to traders adjusting their positions and hedging against potential impacts. ETH/USDT price chart | Source: KuCoin The upcoming election brings an elevated chance of significant price swings. Forster suggests a two-thirds probability of substantial price movements on election night, with Bitcoin's expected price range falling between -9% and +9.9%. Ethereum, meanwhile, is expected to move within a slightly broader range of -9.3% to +10.2%. These anticipated fluctuations are signs of increased market risk, but they also suggest opportunities for those prepared to navigate the volatility. Despite the potential for rapid price changes, market sentiment appears to lean bullish. The total open interest for BTC call options stands at 1,179 contracts, compared to 885 contracts for put options. This implies that many traders are hopeful for a positive outcome once the election dust settles. The choices traders are making show confidence, at least for now, that any political outcomes may ultimately have a favorable influence on crypto. $2.6 Billion in Tokens Set to Unlock in November November is a crucial month for the release of locked crypto assets, with a staggering $2.68 billion in tokens set to be unlocked, as reported by Tokenomist. This includes over $900 million that will be released at once, often called a "cliff unlock," while around $1.7 billion will be gradually unlocked throughout the month. Unlock progress for the MEME token | Source: Tokenomist Token unlocks are significant because they can create substantial pressure on token prices, especially when large quantities hit the market. Notable projects releasing tokens this month include Memecoin (MEME), Aptos (APT), Arbitrum (ARB), and Avalanche (AVAX). Memecoin alone will see 3.45 billion tokens unlocked, with an estimated value of $37.8 million. These releases come in two forms: cliff unlocks and linear daily releases of over 10 million tokens, worth approximately $117,000 each day. This influx of supply could lead to price swings, especially as Memecoin's price remains 81% below its peak earlier this year. Arbitrum, a well-known Ethereum layer-2 solution, will also release a significant amount—92.65 million tokens worth $45 million. These tokens are allocated to early investors, team members, and advisors. This follows Arbitrum’s substantial release back in March, when they unlocked $2.32 billion worth of tokens. These kinds of releases can impact token price if supply exceeds current market demand, especially if early holders choose to cash out. The token unlocks could bring a ripple effect throughout the market. An increase in available supply may create downward pressure on prices, but it also provides an opportunity for those looking to accumulate tokens at a discount. Investors will need to monitor how these releases play out and whether new demand will be sufficient to offset the increased supply. Peanut Memecoins Stir Up Solana DeFi Markets Peanut the Squirrel memecoins on Solana. Source: Dexscreener The DeFi market, especially on Solana, has seen a new frenzy sparked by an unusual character—a squirrel named "Peanut." This viral sensation has inspired memecoin creators to flood the market with Peanut-themed tokens, resulting in eye-catching price action and notable market activity. Peanut's unexpected rise in popularity led to the creation of several Peanut-themed tokens on the Solana network. Among them, "Peanut the Squirrel" (PNUT) has made a particularly large impact, recording a trading volume of nearly $300 million and over 200,000 transactions. PNUT's market capitalization reached a peak of $120 million, though it has since corrected and currently stands at $100 million. The trading volume and rapid price changes indicate the appeal of these kinds of niche, culture-driven tokens that tend to gain popularity overnight. Another Peanut-themed token achieved a market cap of $80 million with trading volume surpassing $110 million. This shows that the trend is not limited to one blockchain and suggests that the appeal of memecoins remains strong, especially those tied to pop culture or viral stories. Adding to this memecoin frenzy, a raccoon-themed token—based on Peanut’s raccoon companion—also entered the scene. Named "First Convicted Raccoon" (FRED), the token recorded nearly 150,000 transactions and a trading volume of $83 million, though its market cap was only $8.2 million. Despite being smaller in scale, FRED’s rapid traction highlights how quickly meme-driven projects can capture the market’s attention, even if their long-term viability remains questionable. These memecoins are more than just hype—they provide a reflection of how quickly narratives can drive market action in the crypto world. While most of these tokens may not hold long-term value, they represent the speculative aspect of DeFi, where community, pop culture, and fun play significant roles. Read more: Top Solana Memecoins to Watch in 2024 Conclusion The crypto market is in a phase of high activity and uncertainty. Volatility is increasing for major assets like BTC and ETH due to upcoming election results, and billions in tokens are set to unlock throughout November, which could create both opportunities and risks for investors. Meanwhile, the rise of Peanut-themed memecoins on Solana shows that the speculative, culture-driven aspect of crypto remains alive and well. For traders and investors, staying on top of these dynamic developments is essential. Each event—the election, token unlocks, and the memecoin craze—has the potential to shift market conditions rapidly. As always in crypto, being prepared and informed is the key to navigating these unpredictable waters.
Hamster Kombat Mini Game Puzzle Solution, November 3, 2024
Hello, Hamster Kombat CEO! Did you withdraw your $HMSTR yesterday and trade it for profit? $HMSTR was finally launched on CEXs, including KuCoin, on September 26 after months of hype. $HMSTR is now trading at $0.002426 at the time of writing. Now the game is in its Interlude Season, and your efforts in solving daily challenges to maintain your edge as a Hamster Kombat player will pay off. Hamster Kombat’s mini-game puzzle offers a chance to earn valuable golden keys, with the mining phase ending on September 20, 2024. Quick Take Solve today's Hamster Kombat mini-game puzzle and claim your daily golden key for the day. The $HMSTR token airdrop and TGE event took place on September 26, 2024. $HMSTR token was listed on top centralized exchanges, including KuCoin, on the same day. Boost your earnings with the new Hexa Puzzle mini-game and exploring Playground games In this article, we provide the latest puzzle solutions and tips on how to secure your golden key, along with insights into the new Playground feature, which can boost your airdrop rewards. Read More: What Is Hamster Kombat Hexa Puzzle Mini Game and How to Play? Hamster Mini Game Puzzle Solution, November 3, 2024 The Hamster mini-game sliding puzzle mimics the fluctuations of a crypto price chart’s red and green candlestick indicators. Here’s how to solve it: Analyze the Layout: Examine the puzzle to spot the obstacles. Move Strategically: Focus on clearing the candles that block your path. Quick Swipes: Speed is crucial! Make sure your moves are fast and accurate to beat the timer. Monitor the Clock: Keep an eye on the countdown to avoid running out of time. Don’t worry if you fail! You can retry after a short 5-minute cooldown. Hamster Kombat ($HMSTR) is launched on KuCoin for spot and futures trading. You can deposit $HMSTR with 0 gas fees and start trading the token now! Hamster Kombat’s New Hexa Puzzle Mini-Game to Mine Diamonds In addition to the sliding puzzle, Hamster Kombat has introduced the Hexa Puzzle, a match-based game that allows you to stack tiles on a hexagonal grid and continuously earn Hamster diamonds. It’s a fantastic way to accumulate diamonds ahead of the token launch, with no restrictions. Earn More Diamonds From Games in the Playground The Playground feature offers opportunities to earn valuable diamonds by engaging with partner games. Each game provides up to four diamonds. Here’s how to participate: Select a Game: Choose from 17 available games, including Train Miner, Coin Masters, and Merge Away. Complete Tasks: Play and complete tasks to grab diamonds. Redeem in Hamster Kombat: Enter your key code in Hamster Kombat to boost your earnings in the game. These games are simple, free-to-play, and enhance your earning potential for the upcoming $HMSTR airdrop. Hamster Kombat TGE and Airdrop is Here The highly anticipated $HMSTR token airdrop finally took place yesterday, on September 26, 2024. Previously, the token was available for pre-market trading on platforms such as KuCoin. Yesterday, the token distribution occurred, and users have now received their tokens after months of waiting. Besides, players can now withdraw their tokens to selected CEXs including KuCoin from other TON-based wallets in Telegram. As the airdrop event took place, The Open Network (TON) faced challenges due to a heavy network load caused by the large number of minted tokens generated on the platform. Read more: Hamster Kombat Announces Token Airdrop and Launch on The Open Network for Hamster Kombat Airdrop Task 1 Goes Live: How to Link Your TON Wallet Hamster Kombat Adds Airdrop Allocation Points Feature Ahead of HMSTR Airdrop As per the Hamster Kombat whitepaper, sixty percent of the total token supply will be distributed to eligible players, while the rest will go toward market liquidity and ecosystem growth, ensuring long-term sustainability. Hamster Kombat Welcomes the Interlude Season before the Season 2 Starts The conclusion of Hamster Kombat Season 1 doesn’t mark the end of the game, as players now enter the Interlude Season. This warm-up phase will last a few weeks before the launch of Season 2. During this period, players can focus on farming diamonds, which will provide advantages in the upcoming season. The more diamonds you collect, the greater the benefits in Season 2. The Interlude Season offers a valuable opportunity for players to prepare and get ahead before new challenges and rewards are introduced. Read More: Hamster Kombat Welcomes the Interlude Season Before the Token Airdrop on Conclusion Now that the $HMSTR token has officially launched and the TGE has occurred, you can still stay active in Hamster Kombat’s daily puzzles and Playground games. Continue collecting keys to enhance your rewards and take advantage of ongoing opportunities as you wait for Season 2 to kick off. For more updates and details, bookmark this page and follow KuCoin News. Read more: How to Buy and Sell Hamster Kombat (HMSTR) Tokens: A Comprehensive Guide
Hamster Kombat Mini Game Puzzle Solution, November 2, 2024
Hello, Hamster Kombat CEO! Did you withdraw your $HMSTR yesterday and trade it for profit? $HMSTR was finally launched on CEXs, including KuCoin, on September 26 after months of hype. $HMSTR is now trading at $0.002629 at the time of writing. Now the game is in its Interlude Season, and your efforts in solving daily challenges to maintain your edge as a Hamster Kombat player will pay off. Hamster Kombat’s mini-game puzzle offers a chance to earn valuable golden keys, with the mining phase ending on September 20, 2024. Quick Take Solve today's Hamster Kombat mini-game puzzle and claim your daily golden key for the day. The $HMSTR token airdrop and TGE event took place on September 26, 2024. $HMSTR token was listed on top centralized exchanges, including KuCoin, on the same day. Boost your earnings with the new Hexa Puzzle mini-game and exploring Playground games In this article, we provide the latest puzzle solutions and tips on how to secure your golden key, along with insights into the new Playground feature, which can boost your airdrop rewards. Read More: What Is Hamster Kombat Hexa Puzzle Mini Game and How to Play? Hamster Mini Game Puzzle Solution, November 2, 2024 The Hamster mini-game sliding puzzle mimics the fluctuations of a crypto price chart’s red and green candlestick indicators. Here’s how to solve it: Analyze the Layout: Examine the puzzle to spot the obstacles. Move Strategically: Focus on clearing the candles that block your path. Quick Swipes: Speed is crucial! Make sure your moves are fast and accurate to beat the timer. Monitor the Clock: Keep an eye on the countdown to avoid running out of time. Don’t worry if you fail! You can retry after a short 5-minute cooldown. Hamster Kombat ($HMSTR) is launched on KuCoin for spot and futures trading. You can deposit $HMSTR with 0 gas fees and start trading the token now! Hamster Kombat’s New Hexa Puzzle Mini-Game to Mine Diamonds In addition to the sliding puzzle, Hamster Kombat has introduced the Hexa Puzzle, a match-based game that allows you to stack tiles on a hexagonal grid and continuously earn Hamster diamonds. It’s a fantastic way to accumulate diamonds ahead of the token launch, with no restrictions. Earn More Diamonds From Games in the Playground The Playground feature offers opportunities to earn valuable diamonds by engaging with partner games. Each game provides up to four diamonds. Here’s how to participate: Select a Game: Choose from 17 available games, including Train Miner, Coin Masters, and Merge Away. Complete Tasks: Play and complete tasks to grab diamonds. Redeem in Hamster Kombat: Enter your key code in Hamster Kombat to boost your earnings in the game. These games are simple, free-to-play, and enhance your earning potential for the upcoming $HMSTR airdrop. Hamster Kombat TGE and Airdrop is Here The highly anticipated $HMSTR token airdrop finally took place yesterday, on September 26, 2024. Previously, the token was available for pre-market trading on platforms such as KuCoin. Yesterday, the token distribution occurred, and users have now received their tokens after months of waiting. Besides, players can now withdraw their tokens to selected CEXs including KuCoin from other TON-based wallets in Telegram. As the airdrop event took place, The Open Network (TON) faced challenges due to a heavy network load caused by the large number of minted tokens generated on the platform. Read more: Hamster Kombat Announces Token Airdrop and Launch on The Open Network for Hamster Kombat Airdrop Task 1 Goes Live: How to Link Your TON Wallet Hamster Kombat Adds Airdrop Allocation Points Feature Ahead of HMSTR Airdrop As per the Hamster Kombat whitepaper, sixty percent of the total token supply will be distributed to eligible players, while the rest will go toward market liquidity and ecosystem growth, ensuring long-term sustainability. Hamster Kombat Welcomes the Interlude Season before the Season 2 Starts The conclusion of Hamster Kombat Season 1 doesn’t mark the end of the game, as players now enter the Interlude Season. This warm-up phase will last a few weeks before the launch of Season 2. During this period, players can focus on farming diamonds, which will provide advantages in the upcoming season. The more diamonds you collect, the greater the benefits in Season 2. The Interlude Season offers a valuable opportunity for players to prepare and get ahead before new challenges and rewards are introduced. Read More: Hamster Kombat Welcomes the Interlude Season Before the Token Airdrop on Conclusion Now that the $HMSTR token has officially launched and the TGE has occurred, you can still stay active in Hamster Kombat’s daily puzzles and Playground games. Continue collecting keys to enhance your rewards and take advantage of ongoing opportunities as you wait for Season 2 to kick off. For more updates and details, bookmark this page and follow KuCoin News. Read more: How to Buy and Sell Hamster Kombat (HMSTR) Tokens: A Comprehensive Guide