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Tron’s Memecoin Craze on SunPump Sets Revenue Records of Over $150M in Q3
Tron achieved record-breaking revenue in Q3, driven by a surge in activity from its memecoin launchpad, SunPump. According to Messari, the blockchain generated $151.2 million, marking a 30% increase from the previous quarter. Quick Take Tron’s SunPump launchpad generated 27% of its Q3 revenue, with over 89,000 tokens launching in two weeks. SunDog memecoin achieved a $217 million market cap. TRX remained deflationary with a net burn of 587.6 million tokens. Tron’s total value locked (TVL) slipped to $6.98 billion but still shows long-term potential. The memecoin frenzy on SunPump led to the launch of 89,000 tokens between August 12 and September 30. The platform generated significant fees during this period, contributing 27% of Tron’s quarterly revenue. SunPump token launches and transactions | Source: Dune Analytics SunDog Emerges as Top Memecoin in Tron Ecosystem SunPump also birthed successful tokens like SunDog (SUNDOG), which now boasts a $217 million market cap. Other memecoins, such as Tron Bull (TBULL) and Invest Zone (IVFUN), gained high trading volumes, further boosting Tron’s on-chain activity. Read more: Top TRON Memecoins to Watch in 2024 Following SunPump's Launch Record TRX Burn and Deflationary Boost Drives $42M Revenue Source: Messari Tron burned 270 million TRX between August 16 and 31, creating a $42 million revenue boost. August 21 saw the highest single-day TRX burn in the blockchain's history, demonstrating growing user activity. TRX maintained its deflationary trend by the end of Q3, with a net burn of 587.6 million tokens. This scarcity mechanism supported Tron’s tokenomics, increasing long-term value. Tron Network’s TVL Dips Under $7B, but Positive Market Trends Continue Tron’s TVL | Source: DefiLlama While Tron’s total value locked (TVL) in DeFi fell to $6.98 billion from a peak of $8.1 billion, it remains a major player in decentralized finance. Tron also increased its circulating market cap by 24%, reaching $13.5 billion in Q3. The platform’s average daily transactions rose 14.4% to 7.2 million, reflecting continued interest and adoption. Daily active addresses also grew by 6%, hitting 2.1 million users. Tron Dominates USDT Transfers Worth $59B USDT dominates in Tron blockchain | Source: DefiLlama Tron has solidified its position as a leader in stablecoin transfers, holding nearly $59 billion worth of Tether (USDT) on its network. The blockchain’s ability to offer low fees and fast transactions makes it attractive to stablecoin users. With increasing memecoin and DeFi activity, Tron is steadily gaining market share from rivals like Solana. The combination of new use cases, including the SunPump launchpad, enhances Tron’s long-term outlook. Read more: USDT vs. USDC: Differences and Similarities to Know in 2024 TRX Faces Key Resistance at $0.1635: Will It Rally? TRX/USDT price | Source: KuCoin TRX price movements reflect bullish pressure, currently trading near the $0.16 mark. However, it faces resistance at $0.1635. If TRX can break this level, the potential for a new all-time high increases significantly. Despite declining memecoin activity in October, SunPump's impact has set the stage for TRX’s next rally. A short squeeze could add to this momentum, especially as 57.5% of traders currently hold short positions, according to CoinGlass. Outlook for Tron: Memecoins and Beyond While SunPump’s initial hype has cooled, the groundwork laid in Q3 positions Tron for future growth. The deflationary nature of TRX, rising on-chain activity, and its dominance in USDT transfers make Tron a network to watch closely. If social sentiment shifts and memecoin interest reignites, TRX could see renewed bullish momentum. For now, traders are keeping a close eye on the $0.17 resistance level, which could unlock the next phase of Tron’s rally. Read more: Top TRON Ecosystem Projects to Watch in 2024
Ethereum’s Pectra Fork Introduces Dynamic Blob Fees for Better Scaling
Ethereum developers are gearing up to launch the Pectra fork, a crucial update designed to enhance Layer 2 scaling and network performance. Central to this upgrade is EIP-7742, which aims to optimize blob-carrying transactions by setting dynamic gas targets. These improvements will unlock cheaper transactions and better scalability for Ethereum’s expanding ecosystem. Quick Take EIP-7742, a new Ethereum Improvement Proposal (EIP), enables dynamic gas targeting for blob-carrying transactions. It allows the consensus layer to set flexible gas limits, improving the efficiency of Layer 2 transactions. Ethereum’s co-founder, Vitalik Buterin, envisions 100,000 transactions per second (TPS) by combining Layer 2 scaling solutions with Ethereum’s rollup-centric roadmap. Layer 2 networks are becoming dominant, with recent revenue reports showing a 10:90 split between Ethereum’s mainnet and its Layer 2s. This shift has raised concerns about Ethereum’s future revenue streams. In addition to EIP-7742, EIP-3074 will introduce social recovery mechanisms to safeguard users from lost private keys. New invoker contracts will allow users to delegate asset control and transaction fees. What Are Blobs, and Why Are They Important? Blobs, introduced through Ethereum’s Dencun upgrade in March 2024, are large, temporary chunks of data embedded in transactions. Their primary purpose is to make Layer 2 transactions more cost-efficient by offloading data storage from Ethereum’s main blockchain. Instead of permanently recording every transaction detail on Layer 1, blobs allow temporary storage of transaction data, reducing congestion and lowering fees. This approach supports Ethereum’s scaling strategy by enabling rollups and other Layer 2 solutions to process data off-chain while still securing transactions through the mainnet. However, the current blob limit has become a bottleneck. The number of blobs that can be processed simultaneously is approaching its maximum capacity, threatening Ethereum’s ability to scale efficiently. Without an update, this limitation could stall network performance and drive up gas fees, undermining the benefits of Layer 2 scaling solutions. To address this, Ethereum developers proposed EIP-7742, which introduces a new mechanism for managing blob gas targets. Under this proposal, the gas target and maximum limits for blobs will adjust dynamically based on network conditions. This flexibility prevents bottlenecks caused by rigid gas limits and ensures that Layer 2 transactions remain cost-effective, even as demand grows. By allowing the consensus layer to set these values dynamically, EIP-7742 paves the way for smoother network operation and future scalability improvements. This update is a crucial step in Ethereum’s long-term roadmap, as it enhances the platform’s ability to accommodate higher transaction volumes while keeping fees low for Layer 2 users. With dynamic blob fees in place, Ethereum can support the growing ecosystem of decentralized applications and maintain its competitiveness as a scalable blockchain network. Read more: Ethereum 2.0 Upgrade Pectra Fork Timeline and New Features The Pectra fork is expected to roll out in late 2024 or early 2025. In addition to EIP-7742, it will include EIP-3074, which introduces social recovery for Ethereum wallets. This feature will allow users to delegate control of their wallets to an invoker contract, which can perform transactions on their behalf. Another critical update involves reducing the maximum block size from 2.7MB to approximately 1MB, freeing up space for more blob transactions and aligning with Ethereum’s scalability goals. Buterin’s Vision: Layer 2 as the Future of Ethereum Vitalik Buterin emphasizes a rollup-centric approach to Ethereum’s scaling, where Layer 1 acts as a robust base layer and Layer 2 networks handle the heavy lifting. His ultimate goal is to create a unified Ethereum ecosystem, ensuring seamless interactions between Layer 2 networks without the feel of separate blockchains. Buterin warns that increasing Ethereum’s gas limits to achieve higher speeds would compromise decentralization, as only larger validators with costly hardware could participate. Instead, he advocates solutions like data compression and bytecode optimization to maintain scalability without sacrificing security. Ethereum’s Layer 2 Shift and Its Implications Ethereum’s increasing reliance on Layer 2 networks offers benefits like lower fees and faster transactions. However, it comes with a trade-off: the mainnet’s share of total network revenue has significantly dropped. VanEck’s latest analysis reveals that this trend may lower Ether's long-term value, potentially reducing their original price target by 67%. Read more: Top Ethereum Layer-2 Crypto Projects to Know in 2024 Conclusion The Pectra fork represents a significant milestone in Ethereum’s journey toward becoming a more scalable, efficient blockchain. With dynamic blob fees, social recovery features, and continued focus on Layer 2 networks, Ethereum aims to strike a balance between scalability and decentralization. If successful, these updates will bring Ethereum closer to achieving its ambitious goal of 100,000 TPS, solidifying its position as a leading blockchain for years to come.
94% of Asian Private Wealth Considers Crypto Investing, Vitalik Buterin's Vision for “The Surge”, FBI Arrests SEC’s X Hacker: Oct 18
On October 18, the crypto world saw significant developments. The FBI arrested a hacker responsible for breaching the SEC's X account in January. Aspen Digital reported that 94% of Asian private wealth is invested or considering crypto, highlighting growing interest. Additionally, Vitalik Buterin unveiled his ambitious plan for Ethereum called "The Surge." Meanwhile, Bitcoin's spot ETFs in the U.S. crossed $20 billion in net flows, demonstrating rising investor confidence. The crypto market remains in the greed territory today, with the Crypto Fear & Greed Index increasing from 71 to 73. Bitcoin (BTC) has shown some positive momentum, trading above $67,993.90 in the past 24 hours. Despite recent fluctuations, the overall market sentiment leans towards greed. Quick Market Updates Prices (UTC+8 8:00): BTC: $67,424, -0.29%, ETH: $2,605, -0.22% 24-hour Long/Short: 49.7%/50.3% Yesterday’s Fear and Greed Index: 73 (71 24 hours ago), level: Greed Crypto Fear & Greed Index | Source: Alternative.me Read More: Trump’s Crypto Platform Raising Only $12 Million (WLFI), Stripe in Talks to Acquire Bridge: Oct 17 Trending Tokens of the Day Top 24-Hour Performers Trading Pair 24H Change AIC/USDT -0.67% BTC/USDT +0.48% HACHI/USDT 728.22% Trade now on KuCoin Quick Take on the Highlights in the Crypto Space for Oct. 18 U.S. retail sales in September grew by 0.4%, surpassing expectations. The European Central Bank cut interest rates by 25 basis points. Aspen Digital reported that 76% of surveyed family offices and wealthy individuals in Asia are investing in digital assets; another 18% plan to join soon. Polymarket predicts a 64% chance of Bitcoin reaching $70,000 this month. The FBI arrested a man for posting fake Bitcoin ETF approval on the SEC's X account. FBI Arrests Hacker Behind SEC's X Account Breach On October 17, the FBI arrested Eric Council Jr. for hacking the SEC’s X account in January. He used a SIM swap attack to gain control of the SEC's social media, posting a fake announcement about a spot Bitcoin ETF approval. This event caused chaos which in turn caused Bitcoin’s price to spike, and investors scrambled. It was a stark reminder of how vulnerable even powerful institutions are to cyberattacks like SIM swapping. U.S. Attorney Matthew Graves highlighted the financial and personal damage such attacks can cause. Council now faces identity theft and fraud charges. The SEC acted quickly. Chair Gary Gensler stepped in 15 minutes after the post went live, clarifying that no ETF had been approved. But the next day, the SEC did approve 11 spot Bitcoin ETFs. These funds now hold a combined $63.5 billion, underscoring the growing institutional interest in Bitcoin despite the earlier chaos. Source: X 94% of Asian Private Wealth Investing or Considering Crypto A report from Aspen Digital shows that 94% of private wealth in Asia is either invested in or planning to invest in crypto. Interest has surged, up from 58% in 2022 to 76% already investing, with 18% more planning to. The survey, covering 80 family offices and high-net-worth individuals managing $10 million to $500 million, found most have less than 5% of their portfolios in digital assets. Interest is high in decentralized finance (DeFi), artificial intelligence, and decentralized infrastructure. Change in blockchain interest in Asia. Source: Aspen Digital Spot Bitcoin ETFs are also driving interest. 53% of respondents gain exposure through ETFs. This aligns with a global rise in crypto adoption driven by regulatory clarity and the launch of ETFs in the US and Asia. Bitcoin and Ether ETFs launched in Hong Kong in April, while the US started spot Bitcoin ETFs in January 2024. Many surveyed investors remain optimistic. 31% believe Bitcoin will hit $100,000 by year-end, showing strong bullish sentiment among Asia’s private wealth. U.S. Spot Bitcoin ETFs Cross $20 Billion in Net Flows On October 17, U.S. spot Bitcoin ETFs hit a milestone—crossing $20 billion in total net flows. This happened in just 10 months, which is incredibly fast compared to gold ETFs, which took five years to reach the same level. This rapid growth points to Bitcoin's increasing legitimacy as a store of value, comparable to traditional assets like gold. Eric Balchunas, a senior ETF analyst at Bloomberg, called the $20 billion mark the hardest metric to grow for ETFs. The past week alone saw $1.5 billion in inflows, signaling strong investor confidence, especially with improving regulatory clarity around these products. Data from Farside Investors showed that on October 16, Bitcoin ETFs added $458 million worth of BTC, showing continued strong demand. Source: Eric Balchunas This growth also reflects a shift in how investors want exposure to Bitcoin. More people want access through regulated financial products, overseen by established institutions. The surge in net flows signals Bitcoin’s growing acceptance among mainstream investors, a positive sign for its long-term prospects. Read more: Best Spot Bitcoin ETFs to Buy in 2024 Vitalik Buterin's Vision for “The Surge” in Ethereum's Roadmap Vitalik Buterin recently laid out an ambitious plan for Ethereum, called "The Surge." The goal? Scale Ethereum to handle over 100,000 transactions per second (TPS). To do that, Buterin wants to improve both Ethereum's main blockchain and its layer 2 solutions, like rollups. It's not just about speed; it’s about making Ethereum more efficient, accessible, and user-friendly. Buterin stressed that Layer 2 networks should feel like a unified part of Ethereum, not separate chains. Right now, different L2 solutions can feel fragmented, which can confuse users. Buterin envisions a seamless experience where using an L2 feels just like using the main Ethereum network. This would make it easier for both new users and developers, helping Ethereum grow into a more cohesive and approachable platform. The other big focus is on cost-cutting. Merging these will optimize computations on Ethereum to ensure a cheaper and highly scalable base layer, enabling the main chain to manage the demand that comes from L2 rollups.This would make the context in which developers have to work much easier, while users will pay lower fees and notice no difference at all. The goal of "The Surge" is to complete Ethereum’s rollup-centric roadmap while keeping decentralization and security intact. By focusing on scaling, improving user experience, and enhancing interoperability, Buterin wants to make Ethereum a more robust and easy-to-use platform. This is about laying the foundation for Ethereum to continue evolving as a key player in decentralized infrastructure globally. Read more: Ethereum 2.0 Upgrade Conclusion The top headlines today underscore the growing adoption of crypto assets and the steps regulators and industry leaders are taking to secure and scale the ecosystem. The arrest related to the SEC hack reminds us of ongoing cybersecurity challenges, while the increased interest in Bitcoin ETFs and Ethereum’s scaling plans reflect the sector's potential. Investors across Asia, coupled with new products like ETFs and technological improvements led by Vitalik Buterin, signal a promising outlook for digital assets in the evolving financial landscape.
Hamster Kombat Mini Game Puzzle Solution, October 18, 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 $0,003759 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. $HMSTR token was listed on top centralized exchanges, including KuCoin, on the same day. Boost your earnings with the new Hexa Puzzle mini-game and exploring Playground games In this article, we provide the latest puzzle solutions and tips on how to secure your golden key, along with insights into the new Playground feature, which can boost your airdrop rewards. Read More: What Is Hamster Kombat Hexa Puzzle Mini Game and How to Play? Hamster Mini Game Puzzle Solution, October 18, 2024 The Hamster mini-game sliding puzzle mimics the fluctuations of a crypto price chart’s red and green candlestick indicators. Here’s how to solve it: Analyze the Layout: Examine the puzzle to spot the obstacles. Move Strategically: Focus on clearing the candles that block your path. Quick Swipes: Speed is crucial! Make sure your moves are fast and accurate to beat the timer. Monitor the Clock: Keep an eye on the countdown to avoid running out of time. Don’t worry if you fail! You can retry after a short 5-minute cooldown. Hamster Kombat ($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
Today’s X Empire Daily Combo and Rebus of the Day, October 17, 2024
Get ready for the X Empire airdrop on October 24 by earning as many points as possible before the Chill Phase concludes today. X Empire ranks among the top five Telegram communities globally and has over 50 million active players. Maximize your in-game earnings by checking out today’s Daily Combo and Rebus of the Day solutions below. Stay competitive and accumulate more coins to enhance your rewards. Additionally, pre-market trading for X Empire (X) is now live on KuCoin, offering early access to $X tokens ahead of the spot market launch! Quick Take Top Investment Cards for today’s Daily Combo: Game Development, Real Estate in Nigeria, and Space Companies. Rebus of the Day: The answer is “Burn.” X Empire TGE and airdrop confirmed for October 24, 2024. X Empire ($X) now available for pre-market trading on KuCoin X Empire Daily Investment Combo, October 17, 2024 Today’s X Empire top Stock Exchange investment cards are: Game Development Real Estate in Nigeria Space Companies Read more: X Empire Airdrop Set for October 24: Listing Details to Know X Empire (X) is now available for pre-market trading on KuCoin, giving you early access to trade $X tokens ahead of its official spot market listing. Secure your position in the X Empire ecosystem and get a first look at $X prices before the broader market opens. Mine Coins with X Empire Daily Combo Cards Open the X Empire Telegram mini-app. Go to the "City" tab and select "Investments." Pick your daily stock cards and set your investment amount. Watch your in-game currency grow. Pro Tip: Stock picks refresh daily at 5 AM ET. Check them regularly to maximize your earnings. Strategic investments can greatly enhance your in-game wealth! Read more: What Is X Empire (Musk Empire) Telegram Game and How to Play? X Empire Rebus of the Day, October 17, 2024 The answer is “Burn.” To solve the Rebus of the Day challenge, navigate to the "Quests" section, enter the correct answer, and earning extra in-game cash. Read more: X Empire (X) Gets Listed on KuCoin! World Premiere! X Empire Chill Phase Ends Today, TGE and Listing on 24 October Source: X Empire on Telegram The X Empire airdrop, scheduled for October 24, 2024, will reward participants based on two sets of criteria: primary and additional. The primary criteria include performance metrics such as the number of referrals, hourly earnings, and completed tasks. The additional criteria factor in activities like wallet connections, TON transactions, and the use of Telegram Premium. During the Chill Phase, which ends today, players have the chance to earn an extra 5% of the token supply by completing new challenges. Participation in this phase is optional and will not impact the tokens already allocated during the earlier mining phase, ensuring that players retain their original rewards regardless of participation. Read more: X Empire Airdrop Criteria Revealed: Chill Phase Adds 5% to Token Supply After Season 1 Mining Final X Empire ($X) Tokenomics and Airdrop Allocation $X Airdrop Date: 24 October 2024 Total Supply: 690 billion $X tokens Miners and Vouchers: 517.5 billion $X (75%) allocated to the community, with no lockups or vesting periods. Chill Phase Allocation: An additional 5% of the supply, now available to players during this new phase. New Users and Future Phases: A total of 172.5 billion $X (25%) has been set aside for onboarding new users, future development, exchange listings, market makers, and team rewards. Additional details regarding the distribution of this portion will be shared at a later time. Conclusion Although the mining phase ended on September 30, players can continue accumulating in-game coins and boosting rewards during the ongoing Chill Phase. With 75% of the token supply still available, both new and returning players have a prime opportunity to enhance their earnings by solving riddles, completing tasks, and making strategic investments. Staying active during this phase can yield additional benefits ahead of the $X token launch on 24 October 2024. As always, it’s essential to remain cautious and informed about the risks involved with crypto projects while tracking X Empire’s latest updates. Keep checking back for daily updates and solutions to X Empire's Daily Combo and Rebus challenges as you prepare for the upcoming airdrop! Read more: X Empire Daily Combo and Rebus of the Day Solutions, October 15, 2024
X Empire ($X) Price Prediction: What to Expect After the Airdrop Listing on October 24, 2024
X Empire, a tap-to-earn mini-game on Telegram, will officially launch its $X token on October 24, 2024. Based on current pre-market price trends, the token could start with an initial price of $0.0002, giving it a fully diluted market cap of approximately $138 million. The project’s large-scale community airdrop, one of the most extensive in the ecosystem, aims to reward early participants and drive player engagement. Quick Take The X Empire token launch is scheduled for October 24, 2024. The total supply consists of 690 billion tokens, with 70% (483 billion tokens) allocated to miners and early adopters. In pre-market trading on KuCoin, the token’s price has ranged between $0.000256 and $0.000282 USDT. Although the initial listing is expected to attract significant interest, price predictions remain speculative. The $X token’s value will depend on factors such as community participation, liquidity, and future developments. Early volatility is likely as some participants may sell their airdrop rewards soon after the token launch. Read more: X Empire Airdrop Set for October 24: Listing Details to Know X Empire Price: Pre-Market Insights and Potential Price Movements Pre-market activity for the $X token has shown strong interest, with prices ranging between $0.000256 and $0.000282 USDT. The pre-market offers early price discovery, though it may diverge from real-time prices at launch due to factors like market sentiment, liquidity, and community consensus. While these initial figures are promising, short-term price volatility is expected post-listing. X Empire (X) is now available for pre-market trading on KuCoin, giving you early access to trade $X tokens ahead of its official spot market listing. Secure your position in the X Empire ecosystem and get a first look at $X prices before the broader market opens. Market Scenarios to Watch Given the speculative nature of new token launches, here are some possible scenarios: Bullish Case: If excitement continues post-launch, the token price could experience upward momentum beyond the initial listing price. Bearish Case: Early sell-offs could lead to a temporary price dip, stabilizing as the market absorbs the initial supply. Timeframe Price Prediction Range Key Factors Influencing Price Short-Term (Within a Month) $0.00015 - $0.0003 - Airdrop sell pressure from early adopters - Initial market excitement and speculation - Community engagement right after the launch Medium-Term (Next 3 Months) $0.0002 - $0.0005 - Introduction of new features or staking options - Market liquidity and exchange volume stability - Sustained adoption and user growth Long-Term (Next 1 Year) $0.0003 - $0.001 - Expansion through partnerships and platform updates - Broader market conditions and sentiment - Effective token supply management (e.g., burning mechanisms) This table outlines potential price movements over the short, medium, and long term. In the short term, volatility is expected as airdrop participants may sell their tokens, while the medium and long-term outlooks will depend heavily on the project’s ability to innovate and grow its community. Cryptocurrency investments are inherently volatile, especially with newly launched tokens. The price of $X may experience significant fluctuations due to market sentiment, airdrop-related sell-offs, or unexpected developments. Investors should approach with caution, conduct their own research, and consider both the potential rewards and risks before participating. X Empire ($X) Tokenomics The X Empire tokenomics focuses on incentivizing early participation while setting aside reserves for future development and user growth. Below is a breakdown of the key aspects of the token's supply and distribution: Total Supply: 690 billion $X tokens Airdrop Allocation: 70% (483 billion tokens) distributed to miners and early adopters through the airdrop. Reserve for New Users and Future Development: 30% (207 billion tokens) reserved for onboarding new users, platform expansion, and future growth phases. Key Factors That Could Influence $X Value After the Token Launch Several factors could influence the price of the X Empire ($X) token after its listing: Airdrop Sell Pressure: With 70% (483 billion) of the total supply of 690 billion tokens allocated to miners and early adopters, some participants may sell their tokens soon after receiving them, potentially causing downward pressure. Community Engagement: Sustained interest from players and the broader community will be crucial for maintaining demand and driving long-term value. Token Utility and Use Cases: The introduction of new gameplay features, staking opportunities, or other token utilities can increase demand for $X. Liquidity and Exchange Volume: Higher trading volume and sufficient liquidity will support stable price movements, reducing volatility. Marketing and Adoption: Promotional efforts and new partnerships could attract more users, increasing demand for the token. Broader Market Conditions: Trends in the overall crypto market, such as Bitcoin’s performance, could influence investor sentiment toward $X. Token Inflation and Supply Management: If additional token releases or inflationary events occur, the token price could be affected unless counterbalanced by strong demand or deflationary mechanisms like token burning. Competitor Activity: The launch of new play-to-earn games or similar projects could impact X Empire’s ability to attract and retain users, affecting token demand. These factors, collectively or individually, will determine how the $X token performs in the short and long term following its official listing. Conclusion The launch of the $X token on October 24, 2024, marks a significant milestone for X Empire. While early pre-market activity suggests strong interest, short-term volatility is likely as the market adjusts to the influx of airdrop tokens. X Empire’s success will hinge on community engagement and platform expansion in the coming months. Investors and players are encouraged to monitor the launch closely and stay informed on updates to make strategic decisions as the token enters the broader crypto market. Read more: KuCoin Launches Pre-Market Trading for X Empire Ahead of Token Airdrop on Oct. 24
Trump’s Crypto Platform Raising Only $12 Million (WLFI), Stripe in Talks to Acquire Bridge: Oct 17
The convergence of political dynamics, renewed interest in BTC ETFs, and macroeconomic factors like the debasement trade are all contributing to Bitcoin’s surge toward $68,000. Bitcoin ETFs are playing a pivotal role in this rally, attracting increased inflows and clearing key technical levels as investors seek exposure to Bitcoin in traditional financial markets. Payments processor Stripe is ‘engaged in exclusive negotiations’ regarding the acquisition of the stablecoin fintech platform Bridge and Trump’s WLFI token only raised $12.5 million by the time of writing – much less than his intended goal. The crypto market remains in the greed territory today, with the Crypto Fear & Greed Index decreasing from 73 to 71. Bitcoin (BTC) has shown positive momentum, trading above $68,000 in the past 24 hours. Despite recent fluctuations, the overall market sentiment leans towards greed. Quick Market Updates Prices (UTC+8 8:00): BTC: $67,618, +0.81%; ETH: $2,611, +0.14% 24-hour Long/Short: 50.7% / 49.3% Yesterday’s Fear and Greed Index: 71 (73 24 hours ago), level: Greed Crypto Fear & Greed Index | Source: Alternative.me Read More: Ethereum’s Future, Bitcoin's Price Surge, and Q3 Insights: Crypto Market Flatlines at $2.3 Trillion: Oct 15 Trending Tokens of the Day Top 24-Hour Performers Trading Pair 24H Change AIC/USDT +16.78% BTC/USDT +0.52% CRAI/USDT +7.84% Trade now on KuCoin Quick Take on the Highlights in the Crypto Space for Oct. 17 Trump’s probability of being elected president on Polymarket rose to 60.5%, a record high. Musk donated $75 million to support Trump. Trump’s family crypto project $WLFI updated token terms: non-transferable within one year, no plans to create a secondary market currently. Also, Trump’s son will attend the Bitcoin MENA Summit. Crypto exchange Kraken launched re-staking on the Ethereum-based protocol EigenLayer. Stripe is in advanced talks to acquire Bridge, a fintech company focused on stablecoins Stripe is in talks to acquire Bridge, a Fintech Company Focused on Stablecoins Payments processor Stripe is ‘engaged in exclusive negotiations’ regarding the acquisition of the stablecoin fintech platform Bridge – a move that could signify an even greater foray into the ever-expanding alternative payments technology market. Last month, Bridge completed a Series A funding round and raised $40M, where Sequoia Capital was the lead investor. The company has developed a platform that allows creation, custody and exchange of stablecoins including GUSD and USDC. With the increasing use of stablecoins as a means of payment, Stripe had also begun to execute stablecoin transfers. In the previous week, the company revealed that merchants in the USA would be able to process cryptocurrency payments for the USDC stablecoin, having not ventured into the digital tokens market for nearly six years. Italy Considers Raising Bitcoin Capital Gains Tax to 42% in 2025 The Italian government is contemplating a significant increase in the capital gains tax on Bitcoin, potentially raising it from 26% to a steep 42% by 2025. Deputy Economy Minister Maurizio Leo made the announcement during a press conference at Palazzo Chigi on October 16, where he discussed Italy’s new budget bill recently approved by the Council of Ministers. According to Leo, this proposal to raise the withholding tax on Bitcoin profits is part of the broader changes included in the budget bill. He also noted the removal of the minimum revenue threshold for Italy's "web tax" or Digital Services Tax (DST), which has applied to companies earning at least 750 million euros annually and 5.5 million euros from digital services in Italy. This potential tax hike follows Italy's decision in late 2022 to increase the capital gains tax on crypto trades exceeding 2,000 euros to 26%, a move made as part of the 2023 budget. Trump’s Crypto Platform Token Sale Misses Mark, Raising Only $10 Million World Liberty Financial’s website shows its WLFI token is far under the $300 million goal it set for public sale. Source: World Liberty Financial The Trump family’s new crypto platform, World Liberty Financial (WLFI), faced a rocky start with its token sale on October 15, raising only 3.4% of its $300 million goal on the first day. The WLFI token, priced at 1.5 cents each, had 20 billion tokens available for public sale, but only over 837 million, roughly $12.5 million worth, were sold at the time of writing. Despite the platform claiming to have 100,000 sign-ups before launch, Etherscan data revealed only 6,832 unique wallets holding the WLFI token. Compounding the disappointing sales, the platform’s website crashed due to overwhelming traffic, rendering it unavailable for several hours. Donald Trump, the project’s "Chief Crypto Advocate," took to social media on October 15 to promote the token sale, saying, “Crypto is the future, let’s embrace this incredible technology and lead the world in the digital economy.” His sons, Eric, Barron, and Donald Jr., are also listed as "Web3 Ambassadors" for the project. Bitcoin Reaches New Record: Market Attention Pushed the Price Up To $68,323. Is a Major Breakout Approaching? The most popular virtual currency in the world, Bitcoin (BTC), unusually increased to $68,323 on 16th October 2024. It has been 80 days since we saw a similar price level on June 7th. So, what’s behind this sudden surge? Most people point to a BlackRock’s Q3 earnings call that took place about 2 days earlier. As Bitcoin price approaches the $70,000 mark, for some experts it is no longer far fetched to consider the possibility of a major breakout soon. Within the past week, Bitcoin appeared to be on the longer path towards the piece of $68,323 last week it has reached in nearly 3 months. This increase is impressive because this is the first time that there has been such a strong confidence coming from the market given that earlier in the year the market had been a bit shaky. On October 16th, Bitcoin was in a very strong bullish trend mainly fueled by strong growing institutional demand, a healthy state of the economy, and positive structures in the charts. A majority of such rally appears to be tracing its roots to the BlackRock Q3 earnings report and the recent talk of their intentions to increase towards the crypto market. For quite a number of months, there has been a watchful eye on BlackRock, and their persistent foray into digital assets is ensuring that there is hope. Source: KuCoin BTC Price Last 24 Hrs Read More: Crypto Surpasses $67,000, Tesla Moves $770 Million BTC, Bitcoin ETFs Surge and More: Oct 16 Conclusion In summary, the convergence of political events, renewed interest in Bitcoin ETFs, and macroeconomic factors are fueling Bitcoin’s upward trend towards $68,000. Bitcoin ETFs are playing a central role in this rally, with significant inflows pushing prices higher as investors seek traditional market exposure to BTC. Meanwhile, Stripe’s acquisition talks with Bridge underscore the increasing mainstream adoption of crypto payment technologies. Additionally, Trump’s WLFI token sale fell short of expectations, and Italy considers a steep Bitcoin tax hike. These events illustrate the evolving landscape and growing institutional interest in digital assets.
Tokenized Real-World Assets (RWAs) Could Experience 50x Growth by 2030
The tokenization of real-world assets (RWAs) is rapidly gaining traction, offering new ways to invest, trade, and own everything from real estate to government bonds. Predictions in a Tren Finance report suggest that the RWA sector could experience explosive growth, increasing by 50x and reaching between $4 trillion and $30 trillion by 2030. This transformation is expected to redefine traditional financial markets, introducing faster, cheaper, and more transparent processes through blockchain technology. According to a Tren Finance report, “The integration of traditional finance with blockchain technology is not just a trend but a fundamental shift towards a more accessible, efficient, and dynamic financial ecosystem.” Quick Take Tren Finance projects that the RWA tokenization market could reach $10 trillion by 2030, representing a more than 54x increase from its current valuation of $185 billion. The report highlights how sectors like real estate, securities, and commodities are already leading this charge. Stablecoins continue to play a dominant role, accounting for over $170 billion of the total RWA market. In comparison, tokenized securities and treasuries are valued at just $2.2 billion, indicating vast growth potential in financial instruments. Blockchain-powered RWAs are attracting major financial players. Tokenized government bonds and private equity funds have already begun migrating on-chain, promising more accessible and liquid markets for traditional assets. RWAs eliminate the need for third-party intermediaries, speeding up transactions and reducing costs. With blockchain-enabled fractional ownership, investors can now buy shares in real estate properties or fine art for as little as $50. Current State of the RWA Sector: Nearly $200B in Value Source: Tren Finance The RWA tokenization movement is in its early stages but gaining momentum. Tren Finance reports that stablecoins dominate the current $185 billion market, while tokenized treasuries and securities lag behind with only $2.2 billion on-chain. The technology is already unlocking new markets. Government securities, which were previously limited to large institutions, are now accessible to smaller investors via tokenization. The BlackRock USD Institutional Digital Liquidity Fund (BUIDL), launched in March 2024, has accumulated $514 million in assets on the Ethereum blockchain. Read more: The Rise of Real World Asset Tokenization (RWA): Unlocking Asset Liquidity Fractional Ownership and Tokenized Markets Are Transforming Finance Source: Tren Finance RWAs bring unparalleled flexibility to investment. Tokenized assets allow fractional ownership, giving investors access to traditionally exclusive markets. For example, instead of needing millions to buy real estate, blockchain enables purchasing a fractional share of the property, making high-value investments more accessible. The Tren Finance report states, “The tokenization of real-world assets unlocks liquidity and transparency in traditionally illiquid markets. Investors can now trade fractional shares of fine art, commercial properties, and carbon credits across blockchain platforms.” Additionally, private credit markets are also joining the blockchain revolution. Tokenization makes traditionally illiquid loans more tradable and accessible to retail investors. Read more: Top 5 Crypto Projects Tokenizing Real-world Assets (RWAs) in 2024 Stablecoins and Treasuries are Leading RWA Adoption Source: Tren Finance Although tokenized government securities only account for $2.2 billion today, this is just the beginning. Projects like Ondo Finance and Franklin Templeton have issued tokenized U.S. Treasury-backed products. BlackRock’s BUIDL fund recently hit $514 million in assets, highlighting growing institutional interest. Source: Tren Finance Meanwhile, stablecoins continue to drive most of the RWA activity. With $170 billion worth of stablecoins circulating in 2024, they represent the most successful application of blockchain in traditional finance. The report highlights how RWAs are helping DeFi innovations thrive by enhancing capital efficiency, liquidity, and composability. Christian Santagata, Product Marketing Manager at re.al, notes, “DeFi innovations have already revolutionized finance, and when combined with RWA tokenization, the possibilities are endless.” Challenges and Future Outlook for Asset Tokenization Despite the rapid development, challenges remain. Adoption across financial markets is still in progress, and liquidity is limited in some tokenized sectors. Additionally, regulatory frameworks are evolving, posing obstacles for broader integration. However, as blockchain technology matures, experts predict faster onboarding and market liquidity. The Tren Finance report emphasizes that RWAs will become a "core component of the financial markets” by 2030, capturing a significant share of global markets. This shift will make investment opportunities more inclusive, efficient, and global. Conclusion The tokenization of real-world assets is transforming financial markets, unlocking new value and opportunities for both retail and institutional investors. With predictions suggesting that the market could grow 50x to $10 trillion or more by 2030, the Great Tokenization is well underway. Blockchain technology is enabling faster, more efficient transactions, fractional ownership, and enhanced liquidity, reshaping the way we think about investment and asset ownership. As major financial institutions and blockchain projects continue to push forward, RWAs are poised to become a cornerstone of the financial ecosystem in the years to come.
X Empire Daily Combo and Rebus of the Day for October 16, 2024
Get ready for the X Empire airdrop on October 24 by earning as many points as possible before the Chill Phase concludes on October 17. With over 50 million active users, X Empire ranks among the top five Telegram communities globally. Maximize your in-game earnings by checking out today’s Daily Combo and Rebus of the Day solutions below. Stay competitive and accumulate more coins to enhance your rewards. Additionally, pre-market trading for X Empire (X) is now live on KuCoin, offering early access to $X tokens ahead of the spot market launch! Quick Take Top Investment Cards for the Daily Combo: Blockchain Projects, Classic Cars, and Real Estate in Nigeria. Rebus of the Day: The answer is “Whale.” X Empire TGE and airdrop confirmed for October 24, 2024. The Chill Phase concludes on October 17, 2024. X Empire ($X) now available for pre-market trading on KuCoin X Empire Daily Investment Combo, October 16, 2024 Today’s X Empire top Stock Exchange investment cards are: Blockchain Projects Classic Cars Real Estate in Nigeria Read more: X Empire Airdrop Set for October 24: Listing Details to Know X Empire (X) is now available for pre-market trading on KuCoin, giving you early access to trade $X tokens ahead of its official spot market listing. Secure your position in the X Empire ecosystem and get a first look at $X prices before the broader market opens. Earn More Rewards with X Empire Daily Combo Cards Open the X Empire Telegram mini-app. Go to the "City" tab and select "Investments." Pick your daily stock cards and set your investment amount. Watch your in-game currency grow. Pro Tip: Stock picks refresh daily at 5 AM ET. Check them regularly to maximize your earnings. Strategic investments can greatly enhance your in-game wealth! Read more: What Is X Empire (Musk Empire) Telegram Game and How to Play? X Empire Rebus of the Day, October 16, 2024 The answer is “Whale.” To solve the Rebus of the Day challenge, navigate to the "Quests" section, enter the correct answer, and earning extra in-game cash. Read more: X Empire (X) Gets Listed on KuCoin! World Premiere! X Empire Chill Phase Ends on 17 October, TGE and Listing on 24 October Source: X Empire on Telegram The X Empire airdrop, scheduled for October 24, 2024, will reward participants based on two sets of criteria: primary and additional. The primary criteria include performance metrics such as the number of referrals, hourly earnings, and completed tasks. The additional criteria factor in activities like wallet connections, TON transactions, and the use of Telegram Premium. During the Chill Phase, which runs until October 17, 2024, players have the chance to earn an extra 5% of the token supply by completing new challenges. Participation in this phase is optional and will not impact the tokens already allocated during the earlier mining phase, ensuring that players retain their original rewards regardless of participation. Read more: X Empire Airdrop Criteria Revealed: Chill Phase Adds 5% to Token Supply After Season 1 Mining Final X Empire ($X) Tokenomics and Airdrop Allocation $X Airdrop Date: 24 October 2024 Total Supply: 690 billion $X tokens Miners and Vouchers: 517.5 billion $X (75%) allocated to the community, with no lockups or vesting periods. Chill Phase Allocation: An additional 5% of the supply, now available to players during this new phase. New Users and Future Phases: A total of 172.5 billion $X (25%) has been set aside for onboarding new users, future development, exchange listings, market makers, and team rewards. Additional details regarding the distribution of this portion will be shared at a later time. Conclusion Although the mining phase ended on September 30, players can continue accumulating in-game coins and boosting rewards during the ongoing Chill Phase. With 75% of the token supply still available, both new and returning players have a prime opportunity to enhance their earnings by solving riddles, completing tasks, and making strategic investments. Staying active during this phase can yield additional benefits ahead of the $X token launch in October 2024. As always, it’s essential to remain cautious and informed about the risks involved with crypto projects while tracking X Empire’s latest updates. Keep checking back for daily updates and solutions to X Empire's Daily Combo and Rebus challenges as you prepare for the upcoming airdrop! Read more: X Empire Daily Combo and Rebus of the Day Solutions, October 15, 2024
Crypto Surpasses $67,000, Tesla Moves $770 Million BTC, Bitcoin ETFs Surge and More: Oct 16
The status of the cryptocurrency market keeps changing very rapidly in October while BTC surpasses $67,000 today. Tesla decided to move $770 million BTC to multiple different wallets today. Milestones have been reached by Bitcoin ETFs, Ripple has ventured into stablecoins, there is increasing institutional demand, and mainstreaming is on the increase. The purpose of this article is to analyze the recent advances in Bitcoin exchange-traded funds, stablecoin initiatives of Ripple, and the growth of the cryptocurrency markets in general. The pace of change that these trends represent suggests adoption and assimilation of cryptocurrencies into mainstream finance. The crypto market remains in the greed territory today, with the Crypto Fear & Greed Index increasing from 65 to 73. Bitcoin (BTC) has shown positive momentum, trading above $67,000 in the past 24 hours. Despite recent fluctuations, the overall market sentiment leans towards greed. Quick Market Updates Prices (UTC+8 8:00): BTC: $67,071, +1.49%; ETH: $2,607, -0.85% 24-hour Long/Short: 50.1% / 49.9% Yesterday’s Fear and Greed Index: 73 (65 24 hours ago), level: Greed Crypto Fear & Greed Index | Source: Alternative.me Read More: Ethereum’s Future, Bitcoin's Price Surge, and Q3 Insights: Crypto Market Flatlines at $2.3 Trillion: Oct 15 Trending Tokens of the Day Top 24-Hour Performers Trading Pair 24H Change HOOK/USDT +2.81% SUI/USDT -7.31% AEVO/USDT +0.41% Trade now on KuCoin Industry Highlights Fed’s Bostic: Expected to cut rates by another 25 basis points this year, following the 50 basis points cut in September. Trump family’s crypto project WLFI latest sales: $9.66 million. Tesla transferred all its Bitcoin worth over $770 million to multiple new addresses. Paxos launched a stablecoin payment platform. Ripple announced the first batch of exchanges and platform partners for the RLUSD stablecoin. Tesla Moves $770 Million in BTC to Multiple New Addresses Today Tesla, the electric car manufacturer run by Elon Musk, moved 11509 bitcoins worth around $770 million dollars to new addresses, states onchain data provided by analytics group Arkham Research. This most likely is all that is left from the company’s bitcoin treasury. In the last hour, the firm which previously made a historical $1.5 billion into bitcoin halfway through February 2021 has transferred around $770 million in bitcoin to approximately 7 new wallets. These movements of tokens were the tracks of what appears to be six bogus transfers, making it the first direct movement from Tesla wallets since it offloaded most of its bitcoin holdings in 2022. As of Oct. 15, Bitcoin had a cumulative value of approximately 9,720 BTC valued at approximately 650 million dollars, a sharp downturn from the 43,000 BTC it previously held BTC-value. On the other hand, Arkham hive believes that there are up to 11,509 BTC within 68 different Bitcoin addresses worth 770 million at the rate today. Musk's space flight company is expected to have an extra 8,285 Bitcoin assets according to the estimates of BitcoinTreasuries. Among publicly traded BTC holders organizations, Tesla ranks third after MicroStrategy and MARA (formerly Marathon Digital). Models manufactured by the electric vehicle producer are paid for in bitcoins. Bitcoin ETFs: A Record-Breaking Surge The cryptocurrency market is evolving rapidly, marked by significant developments in Bitcoin exchange-traded funds (ETFs) and Ripple’s stablecoin initiatives. On October 14, US-based spot Bitcoin ETFs experienced a remarkable surge, recording net inflows of $555.9 million. This influx represents the largest single-day inflow since June, signaling increasing institutional interest in Bitcoin as a viable investment asset. Fidelity's ETF led the charge with $239.3 million in new capital, while Bitwise followed closely with over $100 million. Additionally, Franklin Templeton and Valkyrie reported their first inflows for October, along with the Grayscale Bitcoin Trust (GBTC) and its mini GBTC fund. According to ETF Store President Nate Geraci, this day was a "monster day" for Bitcoin ETFs, with total net inflows approaching $20 billion over the past ten months. This growth not only surpasses pre-launch demand estimates but also indicates a shift in investor behavior toward greater participation from financial advisors and institutional investors. Daily Bitcoin ETF inflows (green) on Oct. 14 were the highest since June. Source: CoinGlass Read More: MicroStrategy Eyes Trillion-Dollar Valuation, WLFI Token Sale Approaches, and Bitcoin Search Volume Drops to Yearly Low: Oct 14 Ripple’s RLUSD: The Future of Stablecoins In another significant development, Ripple announced partnerships with several prominent exchanges to facilitate the distribution of its upcoming RLUSD stablecoin. Partners include Uphold, Bitstamp, Bitso, MoonPay, Independent Reserve, CoinMENA, and Bullish. Ripple's CEO Brad Garlinghouse emphasized that there has been strong demand from customers for high-quality stablecoins like RLUSD to support various financial applications such as payments, asset tokenization, and decentralized finance (DeFi). Ripple CEO Brad Garlinghouse, who wrote in an Oct. 15 announcement: “Customers and partners have been asking for high-quality stablecoins like RLUSD to use across various financial use cases, such as payments, tokenization of real-world assets, and decentralized finance.” The RLUSD stablecoin is designed to be an enterprise-grade solution that will be overcollateralized, meaning each unit will be backed 1:1 by US dollar reserves or short-term cash equivalents. Ripple has already deployed RLUSD for testing on both the XRP Ledger and Ethereum mainnets since August 9. The company plans to leverage RLUSD alongside its existing XRP token to facilitate faster and more cost-effective cross-border payments. Conclusion Bitcoin ETFs have pulled in record inflows, Ripple’s RLUSD stable coin is on the rise, and the market continues to mature. Furthermore, Tesla moved 11509 bitcoins worth around $770 million dollars to new addresses. There is definitely rising institutional interest in the space, new innovations are coming forth, and digital assets are becoming embedded within the conventional economy. The situation of cryptocurrency seems favorable, with better chances for investments and greater acceptance in this circle. As always, investors should remain cautious in navigating both opportunities and risks in this dynamic market. Stay tuned to KuCoin news for the latest trends and updates.
Hamster Kombat Mini Game Puzzle Solution, October 16, 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 $0.004195 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. $HMSTR token was listed on top centralized exchanges, including KuCoin, on the same day. Boost your earnings with the new Hexa Puzzle mini-game and exploring Playground games In this article, we provide the latest puzzle solutions and tips on how to secure your golden key, along with insights into the new Playground feature, which can boost your airdrop rewards. Read More: What Is Hamster Kombat Hexa Puzzle Mini Game and How to Play? Hamster Mini Game Puzzle Solution, October 16, 2024 The Hamster mini-game sliding puzzle mimics the fluctuations of a crypto price chart’s red and green candlestick indicators. Here’s how to solve it: Analyze the Layout: Examine the puzzle to spot the obstacles. Move Strategically: Focus on clearing the candles that block your path. Quick Swipes: Speed is crucial! Make sure your moves are fast and accurate to beat the timer. Monitor the Clock: Keep an eye on the countdown to avoid running out of time. Don’t worry if you fail! You can retry after a short 5-minute cooldown. Hamster Kombat ($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 $HMSTR token has officially launched and the TGE has occurred, you can still stay active in Hamster Kombat’s daily puzzles and Playground games. Continue collecting keys to enhance your rewards and take advantage of ongoing opportunities as you wait for Season 2 to kick off. For more updates and details, bookmark this page and follow KuCoin News. Read more: How to Buy and Sell Hamster Kombat (HMSTR) Tokens: A Comprehensive Guide
X Empire Daily Combo and Rebus of the Day Answers, October 15, 2024
Prepare for the upcoming X Empire airdrop on October 24 and accumulate as many points as possible before the Chill Phase ends on October 17. With over 50 million active users, X Empire continues to rank among the top 5 Telegram communities globally. Check out today’s Daily Combo and Rebus of the Day solutions below to boost your coin earnings and stay ahead in the game! Remember, you can also trade X Empire (X) on KuCoin pre-market starting today! Quick Take Top Investment Cards for the Daily Combo: Artificial Intelligence, Space Companies, and Meme T-Shirts. Rebus of the Day: The answer is “Governance.” X Empire TGE and airdrop confirmed for October 24, 2024. The Chill Phase concludes on October 17, 2024. X Empire ($X) now available for pre-market trading on KuCoin X Empire Daily Investment Combo, October 15, 2024 Today’s X Empire top Stock Exchange investment cards are: Artificial Intelligence Space Companies Meme T-Shirts Read more: X Empire Airdrop Set for October 24: Listing Details to Know X Empire (X) is now available for pre-market trading on KuCoin, giving you early access to trade $X tokens ahead of its official spot market release. Secure your position in the X Empire ecosystem and get a first look at $X prices before the broader market opens. Earn More Rewards with X Empire Daily Combo Cards Open the X Empire Telegram mini-app. Go to the "City" tab and select "Investments." Pick your daily stock cards and set your investment amount. Watch your in-game currency grow. Pro Tip: Stock picks refresh daily at 5 AM ET. Check them regularly to maximize your earnings. Strategic investments can greatly enhance your in-game wealth! Read more: What Is X Empire (Musk Empire) Telegram Game and How to Play? X Empire Rebus of the Day, October 15, 2024 The answer is “Governance.” Solve this by navigating to the "Quests" section, entering the correct answer, and earning extra in-game cash. Read more: X Empire Launches Pre-Market Trading with NFT Vouchers Ahead of Token Airdrop X Empire Chill Phase Ends on 17 October, TGE and Listing Date: 24 October Source: X Empire on Telegram The X Empire airdrop on 24 October will reward participants based on two types of criteria: primary and additional. The primary criteria focus on factors like referrals, hourly earnings, and task completions, while the additional criteria include wallet connections, TON transactions, and use of Telegram Premium. During the Chill Phase, players can also earn an extra 5% of the token supply by completing new challenges until October 17, 2024. Participation in this phase is optional and does not affect tokens already allocated during the mining phase. Read more: X Empire Airdrop Criteria Revealed: Chill Phase Adds 5% to Token Supply After Season 1 Mining Final X Empire ($X) Tokenomics and Airdrop Breakdown $X Airdrop Date: 24 October 2024 Total Supply: 690 billion $X tokens Miners and Vouchers: 517.5 billion $X (75%) allocated to the community, with no lockups or vesting periods. Chill Phase Allocation: An additional 5% of the supply, now available to players during this new phase. New Users and Future Phases: A total of 172.5 billion $X (25%) has been set aside for onboarding new users, future development, exchange listings, market makers, and team rewards. Additional details regarding the distribution of this portion will be shared at a later time. Conclusion Although the mining phase concluded on September 30, players can continue earning in-game coins and enhancing their rewards during the Chill Phase. With 75% of the token supply still up for grabs, it's an ideal time for both new and seasoned players to boost their earnings. Stay engaged by solving riddles, completing tasks, and making smart investments. Keep track of X Empire’s updates as the $X token launch draws near in October 2024, and always remain mindful of the risks associated with crypto projects. Keep checking back for daily updates and solutions to X Empire's Daily Combo and Rebus challenges as you prepare for the upcoming airdrop! Read more: X Empire Daily Combo and Rebus of the Day Solutions, October 14, 2024
Solana TVL Surpasses $6 Billion Since 2022—What’s Next for $SOL?
Solana’s Total Value Locked (TVL) has hit a major milestone, surpassing $6 billion for the first time since January 2022. The impressive growth marks the revival of Solana’s decentralized finance (DeFi) ecosystem, signaling increasing confidence in the network’s potential. Let's take a closer look at what’s driving this surge. Quick Take Solana's TVL surpasses $6 billion for the first time since January 2022 with over 40.72 million $SOL locked in DeFi protocols. Raydium leads Solana's DEX resurgence, surpassing Kamino Finance. Solana now commands 31% of DEX volume across all blockchains. Solana’s TVL growth is driven by liquid staking tokens and restaking protocols like Jito and Solayer. DeFi Activity Boosts Solana’s TVL Solana DeFi TVL | Source: DefiLlama As of October 2024, Solana’s TVL reached $6 billion, up from previous lows seen earlier in the year. Over 40.72 million $SOL, or approximately 8.66% of its circulating supply, is now locked in DeFi protocols. This TVL growth isn't just the result of $SOL price appreciation but comes from increased activity in key DeFi protocols. Notably, this figure excludes SOL staked natively, emphasizing pure DeFi engagement. Solana Leads in DEX Volume Solana’s dominance in decentralized exchange (DEX) volume is also contributing to the network's DeFi growth. In the past few months, Solana flipped Ethereum and other blockchains in both 24-hour and 7-day DEX volume metrics. Solana now holds a 31% share in DEX volume across all blockchains, the highest it has seen in two months. This increasing volume signals accelerating on-chain activity, further solidifying Solana's position as a DeFi powerhouse. Read more: Solana vs. Ethereum: Which Is Better in 2024? Raydium Reclaims Its Throne One of the standout contributors to Solana's DeFi revival is Raydium, the blockchain’s largest decentralized exchange (DEX). Raydium has overtaken Kamino Finance, becoming the second-largest protocol by TVL on Solana. This resurgence highlights Solana’s renewed dominance in the DeFi sector. Raydium had been a key player during Solana’s DeFi boom in 2021 but saw its market position decline. Now, it’s back on top, thanks in part to the growing popularity of Solana-based meme coins. Platforms like Pump.fun have helped lock liquidity in Raydium, pushing its TVL higher. The total market cap of Solana-based meme coins recently surpassed $11 billion, further boosting the DeFi ecosystem. Read more: Top Decentralized Exchanges (DEXs) in the Solana Ecosystem Jito Crosses $2B TVL as Liquid Staking Tokens and Restaking Protocols Rise Jito TVL | Source: DefiLlama Another key driver behind Solana’s TVL growth is its thriving Liquid Staking Token (LST) ecosystem. Leading the charge is Jito, the largest liquid staking protocol on Solana, which has amassed over $2 billion in TVL. Jito’s rebranding as a restaking protocol has added to its appeal, especially with the rise of restaking in the Solana ecosystem. Solayer, another restaking protocol, has surpassed $204 million in TVL, further contributing to Solana’s DeFi growth. Some crypto exchanges have launched liquid staking tokens on Solana, driving more participation and attracting users to the network. The success of these liquid staking protocols shows the potential for restaking to become a major trend in Solana’s DeFi space. Read more: Restaking on Solana (2024): The Comprehensive Guide How High Can SOL Price Go? SOL/USDT price chart | Source: KuCoin Solana’s growth in DeFi has been mirrored by a price surge for its native token, $SOL. As of October 14, 2024, $SOL hit a peak of $160, up 20.43% over the past seven days. This price increase has also drawn attention to the network's growing DeFi ecosystem, attracting new users and capital. With the upcoming Federal Reserve meeting and positive macroeconomic conditions, the bullish sentiment surrounding Solana shows no signs of slowing down. Key stakeholders continue to lock their $SOL in staking contracts, with $2 billion worth of $SOL staked in recent weeks. Conclusion As Solana’s DeFi ecosystem expands, key players like Raydium, Jito, and Solayer will continue to drive TVL growth. The recent surge in meme coin market cap and Solana's leadership in DEX volume suggest that the network is poised for further success. The combination of rising liquid staking participation, increasing on-chain activity, and growing protocol engagement makes Solana one of the most promising blockchains in the DeFi sector. Solana's DeFi resurgence has lifted its TVL beyond the $6 billion mark for the first time since 2022, largely fueled by strong participation in DeFi protocols, liquid staking tokens, and rising on-chain activity. These developments have positioned Solana as a key player in the DeFi ecosystem. However, while the momentum is encouraging, it's important to remember that the crypto market is highly volatile, and external factors such as regulatory changes or broader market corrections could impact Solana's future growth. Investors should carefully assess the risks and stay informed before making any investment decisions. Read more: Solana Unveils the Seeker Smartphone: A New Era for Web3 Mobile Technology
KuCoin Launches Pre-Market Trading for X Empire Ahead of Token Airdrop on Oct. 24
KuCoin has announced the launch of X Empire (X) on its Pre-Market Trading platform, allowing users to trade $X tokens prior to their official listing on the spot market. Pre-market trading for X Empire began on October 15, 2024, at 10:00 UTC, offering early access to a token that is gaining attention in the GameFi and AI-powered blockchain sectors. This pre-market period gives traders the opportunity to engage with the token before its broader release, positioning themselves for potential price advantages ahead of the official market launch. What Is X Empire? X Empire is a revolutionary platform built on the TON blockchain, evolving from its origins as a popular Telegram Mini App Game into a comprehensive AI-powered ecosystem. The platform combines blockchain technology, AI, and gaming to offer users the ability to create and trade personalized NFT avatars. These avatars are not only collectible but also customizable, allowing players to reflect their unique identities in the virtual world. Since its launch, X Empire has gained immense popularity, boasting 23 million subscribers and 50 million players in its official Telegram community. The game has drawn attention for its seamless integration of play-to-earn mechanics with a real token economy, creating a platform where players can build virtual empires while earning real digital assets. When Is the X Empire Airdrop and Listing Date? Source: X Empire on Telegram The highly anticipated $X token airdrop is set for October 24, 2024. This airdrop will distribute 75% of the total supply of $X tokens to early adopters and active participants in the game. Players will receive tokens based on their engagement levels, including the number of completed tasks, friends invited, and profits earned within the game. Read more: X Empire Airdrop Set for October 24: Listing Details to Know $X Tokenomics Overview The $X token is the native cryptocurrency of the X Empire ecosystem and plays a vital role in driving the platform’s economy. A total of 690 billion $X tokens have been minted, with 75% reserved for distribution to players and community members through the airdrop and future rewards programs. 70% of tokens will be distributed as part of the initial token allocation during the airdrop. An additional 5% is up for grabs during the Chill Phase, which ends on October 17, 2024. Players can compete to earn these extra tokens, offering a chance for additional rewards before the airdrop. The remaining 25% of tokens will be reserved for future incentives, rewards, and ecosystem development. In addition to its role in trading, the $X token will be used within the X Empire ecosystem for: Game Center Access: Engage in over 200 mini-games. Trading Bots: Make strategic investments within the game. E-commerce Integration: Utilize $X for future purchases within the platform’s planned marketplace. Why Trade X Empire (X) in KuCoin Pre-Market? Pre-market trading offers users several strategic advantages: Early Access: Traders can access $X tokens before the broader market, allowing them to secure their position at a potentially favorable price. Price Discovery: Pre-market trading provides a sneak peek into how the market values $X before its official launch, enabling participants to gauge demand and make informed decisions. Community Participation: Engaging with the $X token early demonstrates a commitment to the X Empire ecosystem, potentially opening up further rewards and incentives as the platform evolves. How to Prepare for Pre-Market Trading To participate in X Empire Pre-Market Trading on KuCoin, follow these steps: Visit the Pre-Market Trading link: KuCoin Pre-Market Trading for X Empire. Monitor the delivery schedule: Stay updated with KuCoin’s announcements regarding the token’s delivery to ensure smooth transactions. Join the KuCoin Pre-Market Community: Keep track of updates via KuCoin’s Twitter and Telegram Channel to stay informed about potential trading opportunities and price trends. Participating in pre-market trading offers users the opportunity to engage with X Empire (X) tokens ahead of their official spot market listing on KuCoin. This period allows traders to explore price movements and strategize before the token becomes available to the broader market. Trading during this early phase provides a chance to position investments in advance of the wider release. Read more: X Empire (X) is on KuCoin Pre-Market: Strategize Before the Market Opens
Ethereum’s Future, Bitcoin's Price Surge, and Q3 Insights: Crypto Market Flatlines at $2.3 Trillion: Oct 15
The crypto market experienced an upswing today led by major tokens such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). The global market capitalization increased by 1.8%, reaching approximately $2.23 trillion. Bitcoin surged past $66,000, showing significant price momentum. Ethereum co-founder Vitalik Buterin also shared insights on Ethereum's progress after the Merge, discussing opportunities for further improvement. These developments reflect growing optimism and positive trends in the crypto market. The crypto market is in the greed territory today, with the Crypto Fear & Greed Index increasing from 48 to 65. Bitcoin (BTC) has shown positive momentum, trading above $66,000 in the past 24 hours. Despite recent fluctuations, the overall market sentiment leans towards greed. Quick Market Updates Prices (UTC+8 8:00): BTC: $66,087, +5.11%; ETH: $2,630, +6.53% 24-hour Long/Short: 52.1%/47.9% Today’s Fear and Greed Index: 65 (48 24 hours ago), level: Greed Crypto Fear & Greed Index | Source: Alternative.me Read More: MicroStrategy Eyes Trillion-Dollar Valuation, WLFI Token Sale Approaches, and Bitcoin Search Volume Drops to Yearly Low: Oct 14 Trending Tokens of the Day Top 24-Hour Performers Trading Pair 24H Change SUI/USDT +0.18% SOS/USDT +41.07% BTC/USDT +5.00% Trade now on KuCoin Industry Highlights Fed’s Kashkari suggests that additional “moderate” rate cuts are advisable. Tether is considering offering loans to companies in the commodity trading sector. Deutsche Bank will offer foreign exchange services to the crypto market maker Keyrock. Telegram plans to establish an office in Kazakhstan to enhance its regulatory compliance efforts. HashKey is set to launch a tokenization initiative next year. The Bitcoin staking platform Solv Protocol has secured $11 million in funding, with investors such as Laser Digital and Blockchain Capital, and is now valued at $200 million. Vitalik Buterin Reflects on Ethereum’s Post-Merge Future Vitalik Buterin shared thoughts on Ethereum’s potential upgrades in a blog post on Oct. 14. He focused on faster transaction speeds and better access for solo stakers. After the Merge, which moved Ethereum to proof-of-stake, the network still takes up to 15 minutes for transactions. This causes delays and congestion. Due to the current staking barriers, Buterin wants to reduce the staking requirement from 32 ETH to 1 ETH, which could help more people participate in securing the network. Bitcoin’s Price Surge and Market Movements On Oct. 14, Bitcoin jumped above $64,000, leading to more than $100 million in liquidations. Bitcoin hit a high of $64,173, its best level since late September. This price spike forced the liquidation of over $101.4 million in short positions, including $52.33 million in Bitcoin shorts. Overall, 54,649 traders were liquidated for $166 million. Bitcoin’s rise reflects growing positive market sentiment. It gained 2.1% in the last 24 hours and reclaimed the $64,000 range after weeks of trading lower. This movement pushed Bitcoin’s dominance back to over 58%, a level not seen since April 2021. Ethereum also saw a boost, hitting a two-week high of $2,540 after gaining 2.9%. Bitcoin short sellers made up over half of the short liquidations in the past 24 hours. Source: CoinGlass Coingecko Q3 2024 Report: Key Market Trends Coingecko’s Q3 2024 report showed that the global crypto market cap dropped 1%, losing $95.8 billion. However, decentralized finance (DeFi) and NFTs continued to grow. Prediction markets saw a 565.4% increase, led by Polymarket. Ethereum layer two (L2) networks also grew by 17.2%, with the Base network making up 42.5% of that activity. Memecoins are the top-performing digital asset sector in 2024, driven by new token creation on Solana, Tron, and most recently, Sui. The Sui memecoin space is among the most trending, following Solana memecoins and Tron memecoins in the crypto market lately. CoinGecko’s Q3 report emphasizes a market characterized by resilience and changes in dominance. The evolving landscape of exchanges reveals ongoing competition among key players, indicating that innovation and adaptability will shape the future of the cryptocurrency sector. Source: CoinGecko Coingecko’s COO and co-founder, Bobby Ong stated, “In the final quarter of 2024, we’ll closely monitor geopolitical and macroeconomic factors—particularly the U.S. Presidential Elections and Fed monetary policy decisions—unfold.” Read more: Memecoins Surge, Upbit Under Fire for Monopoly Concerns, and More: Oct 11 Conclusion: Bitcoin’s Volatility and Investment Considerations Bitcoin’s rise above $66,000 shows how quickly its price can change. While its performance is impressive, it remains highly volatile. If you plan to invest in Bitcoin, only put in money you’re comfortable losing. Diversifying your investments can help reduce the impact of Bitcoin’s fluctuations. As detailed in Coingecko's Q3 report, the broader market has faced fluctuations, with a slight decrease in market capitalization alongside notable growth in decentralized finance and NFTs. The changing dynamics within major exchanges also reflect the competitive nature of this space. In summary, the cryptocurrency landscape is marked by both opportunities and challenges. If you’re looking to invest, stay informed about market trends, and always prioritize risk management by diversifying your portfolio. As always, investors should remain cautious in navigating both opportunities and risks in this dynamic market. Stay tuned to KuCoin news for the latest trends and updates.
X Empire Daily Combo and Rebus of the Day Solutions, October 14, 2024
Prepare for the upcoming X Empire airdrop on October 24 and accumulate as many points as possible before the Chill Phase ends on October 17. With over 50 million active users, X Empire continues to rank among the top 5 Telegram communities globally. Be sure to check out today’s Daily Combo, Riddle, and Rebus of the Day solutions below to boost your coin earnings and stay ahead in the game! Quick Take Top Investment Cards for the Daily Combo: Game Development, Real Estate in Nigeria, and OnlyFans Models. Rebus of the Day: The answer is “Cap.” X Empire TGE and airdrop confirmed for October 24, 2024. The Chill Phase concludes on October 17, 2024. X Empire Daily Investment Combo, October 14, 2024 Today’s X Empire top Stock Exchange investment cards are: Game Development Real Estate in Nigeria OnlyFans Models Read more: X Empire Airdrop Set for October 24: Listing Details to Know Earn More Rewards with X Empire Daily Combo Cards Open the X Empire Telegram mini-app. Go to the "City" tab and select "Investments." Pick your daily stock cards and set your investment amount. Watch your in-game currency grow. Pro Tip: Stock picks refresh daily at 5 AM ET. Check them regularly to maximize your earnings. Strategic investments can greatly enhance your in-game wealth! Read more: What Is X Empire (Musk Empire) Telegram Game and How to Play? X Empire Rebus of the Day, October 14, 2024 The answer is “Cap.” Solve this by navigating to the "Quests" section, entering the correct answer, and earning extra in-game cash. Read more: X Empire Launches Pre-Market Trading with NFT Vouchers Ahead of Token Airdrop X Empire Chill Phase Ends on 17 October, TGE and Listing Date: 24 October The X Empire airdrop on 24 October will reward participants based on two types of criteria: primary and additional. The primary criteria focus on factors like referrals, hourly earnings, and task completions, while the additional criteria include wallet connections, TON transactions, and use of Telegram Premium. During the Chill Phase, players can also earn an extra 5% of the token supply by completing new challenges until October 17, 2024. Participation in this phase is optional and does not affect tokens already allocated during the mining phase. Read more: X Empire Airdrop Criteria Revealed: Chill Phase Adds 5% to Token Supply After Season 1 Mining Final X Empire ($X) Tokenomics and Airdrop Breakdown Source: X Empire on Telegram $X Airdrop Date: 24 October 2024 Total Supply: 690 billion $X tokens Miners and Vouchers: 517.5 billion $X (75%) allocated to the community, with no lockups or vesting periods. Chill Phase Allocation: An additional 5% of the supply, now available to players during this new phase. New Users and Future Phases: A total of 172.5 billion $X (25%) has been set aside for onboarding new users, future development, exchange listings, market makers, and team rewards. Additional details regarding the distribution of this portion will be shared at a later time. Conclusion Although the mining phase concluded on September 30, players can continue earning in-game coins and enhancing their rewards during the Chill Phase. With 75% of the token supply still up for grabs, it's an ideal time for both new and seasoned players to boost their earnings. Stay engaged by solving riddles, completing tasks, and making smart investments. Keep track of X Empire’s updates as the $X token launch draws near in October 2024, and always remain mindful of the risks associated with crypto projects. Keep checking back for daily updates and solutions to X Empire's Daily Combo, Riddle, and Rebus challenges as you prepare for the upcoming airdrop! Read more: X Empire Daily Combo and Rebus of the Day Solutions, October 13, 2024
X Empire Airdrop Criteria Revealed: Chill Phase Adds 5% to Token Supply After Season 1 Mining
X Empire, formerly known as Musk Empire, has just revealed its updated airdrop criteria and launched the Chill Phase following the end of its Season 1 Mining Phase. This airdrop distributes 70% of the total token supply to community members who have actively participated. Additionally, X Empire announced a Chill Phase, adding an extra 5% of tokens to further reward players, making the total airdrop allocation 75%. Here's a breakdown of everything you need to know about the airdrop, tokenomics, and how you can still participate in the Chill Phase. Quick Take X Empire has shared its primary and additional criteria for the Season 1 $X airdrop. The new Chill Phase offers an additional 5% of the token supply to players, without impacting previous allocations. The X Empire Token Generation Event (TGE) and airdrop are set for the second half of October on The Open Network (TON). X Empire, a community-driven project only three months old, has already achieved remarkable milestones. With 483 billion $X tokens mined and 1,164 trillion in-game coins burned, its rapid growth is undeniable. The game has seen 18 million wallets connected and 570,000 NFT vouchers minted during pre-market trading, showcasing its vibrant ecosystem. The community's dedication is evident with over 116 million Telegram Stars donated and an impressive 91% of players joining through friend referrals. Additionally, X Empire has gained 224 million views on YouTube videos, reflecting its growing popularity. X Empire's community has been the driving force behind these achievements, and the team expresses its gratitude for the ongoing support. They emphasize that this is only the beginning of X Empire’s journey, with many exciting developments ahead. Read more: X Empire Mining Phase Ends on September 30: $X Airdrop Coming Next? Final X Empire Tokenomics The total supply of $X tokens is 690 billion: 75% (517.5 billion $X): Allocated to the community through mining, vouchers, and the Chill Phase, with no lockups or vesting. 25% (172.5 billion $X): Reserved for new community members, future development, new projects, listings, liquidity, community incentives, market makers, and team rewards. Detailed distribution of this portion will be shared in a future announcement. No lockups or vesting for the community, ensuring tokens are freely accessible after distribution. X Empire Airdrop Criteria for Season 1: A Breakdown X Empire's airdrop criteria are divided into primary and additional categories to ensure a fair and transparent distribution: Primary Criteria Number and quality of referred friends Hourly in-game profit Number of completed quests The platform places significant emphasis on rewarding users who contribute to its growth by inviting engaged friends. Additionally, metrics like hourly income and completed tasks indicate the level of engagement and dedication to the project. Additional criteria include activities such as TON wallet connections, TON transactions, and using Telegram Premium to access X Empire. While donations and purchases on the TON blockchain contributed to the project's growth, they will not be a deciding factor for airdrop eligibility. This approach ensures that the community members who actively engage are the most rewarded. While purchases and donations within the game have contributed to the project's growth, they are not a deciding factor for airdrop eligibility. This approach ensures that the most active and engaged community members are the ones who receive the largest rewards. X Empire stated, “We distribute tokens very evenly so that every participant who contributed to the community is generously rewarded. The more value you bring, the more the community rewards you.” Read more: X Empire (Musk Empire) Airdrop Guide: How to Earn $XEMP Tokens X Empire’s Chill Phase: An Extra 5% for Players After closing the initial mining phase, X Empire introduced the Chill Phase, allocating an additional 5% of the token supply. This means a total of 34.5 billion $X tokens are now up for grabs in a new, short competition. Key Points of the Chill Phase: Total airdrop allocation increased to 75% for the community. The Chill Phase will last only two weeks, offering a dynamic competition. Previous character progress is reset, giving new players and veterans a level playing field. How to Participate in the X Empire Chill Phase Participation in the Chill Phase is optional. Players who opt-out will still receive their share of the 70% tokens from the initial mining phase. Importantly, progress in the Chill Phase will not affect previous allocations. This means you can try to grab an extra slice of the token supply with lower competition and a shorter timeframe. When Is the X Empire Token Generation Event (TGE) and Airdrop? The Token Generation Event (TGE) and airdrop are set for the second half of October 2024 on The Open Network (TON). The exact date will be announced soon, so keep an eye out for updates. Conclusion The X Empire airdrop and the newly introduced Chill Phase provide exciting opportunities for players to earn rewards. With 75% of the token supply allocated for the community, both new and existing players can maximize their earnings. However, as with all crypto projects, participating in airdrops carries risks, including market volatility. Stay informed and be prepared for the upcoming TGE on The Open Network (TON). X Empire Airdrop FAQs 1. When is the X Empire airdrop happening? The X Empire airdrop is expected to take place in the second half of October 2024. The exact date has not been announced yet, but it will coincide with the Token Generation Event (TGE) on The Open Network (TON). 2. How can I qualify for the X Empire airdrop? To qualify, you must meet specific criteria like referring new, active members, earning in-game coins, and completing tasks. Additional criteria include wallet connections, TON transactions, and using Telegram Premium. 3. What is the X Empire Chill Phase, and how does it affect the airdrop? The Chill Phase is a short, two-week competition offering an extra 5% of the token supply. Participation is optional and does not impact your allocation from the initial 70% distribution. 4. Will my previous progress in the game affect the airdrop? Yes, your progress, including referrals, hourly earnings, and completed tasks, will affect the airdrop. However, participation in the Chill Phase will not impact the allocation from the first phase. 5. Do I need to donate or make purchases in the game to qualify? No, donations and purchases are not mandatory for airdrop eligibility, although they have helped in the project's growth and expansion.
MicroStrategy Eyes Trillion-Dollar Valuation, WLFI Token Sale Approaches, and Bitcoin Search Volume Drops to Yearly Low: Oct 14
Last Friday, the U.S. Producer Price Index (PPI) for September remained flat compared to the previous month, easing concerns triggered by the Consumer Price Index (CPI). This relief sparked gains in both U.S. stocks and the crypto market over the weekend. As we move through this week, there are no significant macroeconomic data releases on the horizon. However, the market will closely watch earnings reports from tech giants TSMC and ASML, which could provide fresh insights into AI developments. In today’s roundup of crypto news, MicroStrategy sets its sights on a trillion-dollar valuation as part of its plan to become the world’s leading bitcoin bank. Paradigm invests $20 million in a Layer 2 blockchain project, while Arkham prepares for the launch of a crypto derivatives exchange. Bitcoin search volumes have hit their lowest point since the FTX collapse, reflecting waning retail interest, while World Liberty Financial (backed by the Trump family) gears up for its WLFI token sale. Additionally, a massive phishing attack results in a crypto whale losing $35 million, and China’s upcoming fiscal stimulus announcement could bring fresh volatility to the market. The crypto market remains in neutral territory today, with the Crypto Fear & Greed Index slightly decreasing from 50 to 48. Bitcoin (BTC) has shown positive momentum, trading above $63,800, up by over 2% in the past 24 hours. Despite recent fluctuations, the overall market sentiment remains steady. Quick Market Updates Prices (UTC+8 8:00): BTC: $64,359, +2.90%, ETH: $2,531, +3.16% 24-hour Long/Short Ratio: 57.775%/42.25.8% Today’s Fear and Greed Index: 48 (24 hours ago: 50), indicating neutral sentiment Crypto Fear & Greed Index | Source: Alternative.me Trending Tokens of the Day Top 24-Hour Performers Trading Pair 24H Change BRETT/USDT +13.80% WLD/USDT +9.58% ENA/USDT +6.64% Trade now on KuCoin Industry Highlights The probability of a 25-basis-point rate cut by the U.S. Federal Reserve in November is now at 95.6%, with just a 4.4% chance of no rate cut. On Polymarket, Donald Trump’s chances of winning the U.S. election have risen to 54.9%, 10 percentage points higher than Kamala Harris. Google searches for Bitcoin have dropped to their lowest levels since the FTX collapse, reflecting declining retail interest. SpaceX’s “Starship” successfully ignited and launched, marking a significant milestone for space exploration. MicroStrategy Targets Trillion-Dollar Valuation in Bitcoin Bank Endgame Michael Saylor, CEO of MicroStrategy, revealed his vision for the company to become the world’s leading bitcoin bank, projecting a potential trillion-dollar valuation. Saylor believes Bitcoin, currently making up just 0.1% of global financial capital, could rise to 7% by 2045, pushing its price to $13 million. Saylor also highlighted the firm’s strategy of leveraging capital markets to arbitrage between debt and Bitcoin, predicting that the cryptocurrency will grow at an average of 29% annually. MicroStrategy now holds 252,220 BTC, valued at over $15 billion. "We just keep buying more. Bitcoin is going to go to millions a coin, you know, and then we create a trillion-dollar company," Saylor remarked. Read more: MicroStrategy's Bitcoin Holdings and Purchase History: A Strategic Overview China’s Fiscal Stimulus Announcement Could Impact Bitcoin China is set to announce new fiscal stimulus measures this Saturday, which could have a ripple effect on global financial markets, including crypto. Analysts predict that the announcement could bring increased volatility in Bitcoin prices, especially if the stimulus is more aggressive than expected. "Easing monetary and fiscal conditions puts a bid under risk assets, and crypto is likely to benefit," said Alex Tapscott, Managing Director of Digital Asset Group. ‘Bitcoin’ Search Volume Drops to a Yearly Low, While ‘Memecoin’ Surges Search interest for Bitcoin drops | Source: Google Trends Google search volumes for the term “Bitcoin” reached a yearly low during the week of October 12, 2024, with interest dropping to 33 out of 100. Meanwhile, memecoins saw a surge in popularity, with a search volume of 77 out of 100 during the same period. According to CryptoQuant CEO Ki Young Ju, search volume for memecoins could reclaim its previous all-time high by the end of October as market interest in these assets remains high. Memecoins have been the top-performing digital asset sector in 2024, driven by new token creation on Solana, Tron, and most recently, Sui. The Sui memecoin space is among the most trending, following Solana memecoins and Tron memecoins in the crypto market lately. On October 9, nearly 20,000 new tokens were minted on the Solana network within 24 hours, many of which were memecoins. The memecoin craze on Solana has been fueled by platforms like Pump.Fun, which provide quick liquidity and low transaction fees on decentralized exchanges like Raydium. Read more: Memecoins Surge, Upbit Under Fire for Monopoly Concerns, and More: Oct 11 World Liberty Financial to Launch WLFI Token Public Sale Source: Donald Trump on X World Liberty Financial (WLF), a DeFi project backed by former President Donald Trump and his family, will launch the public sale of its WLFI tokens on October 15. The project, which opened its whitelist in late September, aims to raise $300 million by selling 20% of its token supply at a $1.5 billion valuation. WLF plans to launch a version of the DeFi lending platform Aave on Ethereum and Layer 2 network Scroll, allowing users to lend and borrow assets like Bitcoin, Ether, and stablecoins. The Trump family’s involvement has drawn both support and criticism from the crypto community. Read more: Top PolitiFi Coins to Watch in 2024 Uniswap’s New Layer 2 Blockchain Unichain Could Generate $468M Annually for UNI Holders UNI/USDT price chart | Source: KuCoin Uniswap Labs has launched its new Layer 2 blockchain, Unichain, which could bring in nearly $500 million annually for UNI token holders by redirecting fees that would have previously gone to Ethereum validators. The move allows Uniswap to capture $368 million in transaction fees and up to $100 million in Maximum Extractable Value (MEV), boosting the potential earnings of both tokenholders and liquidity providers through staking. However, Ethereum holders are expected to lose out due to fewer fees being burned on Ethereum, as Unichain redirects revenue to Uniswap’s ecosystem. Launched on October 10, Unichain aims to provide faster, cheaper transactions and improved interoperability across blockchain networks. While met with mixed reactions, the move is a significant step for Uniswap as it strengthens its position in the DeFi sector. Conclusion In conclusion, the crypto market continues to navigate a landscape marked by macroeconomic factors, shifting regulatory frameworks, and evolving technological advancements. MicroStrategy’s ambitious goal to become a trillion-dollar bitcoin bank underscores the growing institutional belief in Bitcoin’s potential, while World Liberty Financial’s upcoming token sale highlights the expanding influence of high-profile figures in the DeFi space. Despite the dip in Bitcoin search volume to a yearly low, the surge in memecoin interest shows that certain sectors of the crypto market remain highly active and speculative. As China’s fiscal stimulus announcement looms, market participants will be watching closely for any impact on Bitcoin and broader market volatility. As always, investors should remain cautious in navigating both opportunities and risks in this dynamic market.
Hamster Kombat Mini Game Puzzle Solution, October 14, 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 $0.004112 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. $HMSTR token was listed on top centralized exchanges, including KuCoin, on the same day. Boost your earnings with the new Hexa Puzzle mini-game and exploring Playground games In this article, we provide the latest puzzle solutions and tips on how to secure your golden key, along with insights into the new Playground feature, which can boost your airdrop rewards. Read More: What Is Hamster Kombat Hexa Puzzle Mini Game and How to Play? Hamster Mini Game Puzzle Solution, October 14, 2024 The Hamster mini-game sliding puzzle mimics the fluctuations of a crypto price chart’s red and green candlestick indicators. Here’s how to solve it: Analyze the Layout: Examine the puzzle to spot the obstacles. Move Strategically: Focus on clearing the candles that block your path. Quick Swipes: Speed is crucial! Make sure your moves are fast and accurate to beat the timer. Monitor the Clock: Keep an eye on the countdown to avoid running out of time. Don’t worry if you fail! You can retry after a short 5-minute cooldown. Hamster Kombat ($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
X Empire Daily Combo and Rebus of the Day on October 13, 2024
Get ready for the X Empire airdrop on October 24, and rack up as many points before the end of the Chill Phase on October 17. With over 50 million active users, X Empire remains one of the top 5 Telegram communities worldwide. Don’t miss today’s Daily Combo, Riddle, and Rebus of the Day solutions below to maximize your coin earnings and stay competitive in the game! Quick Take Top Investment Cards for the Daily Combo: Artificial intelligence, Gold Mining Tools, and Space Companies. Rebus of the Day: The answer is “Slippage.” X Empire TGE and airdrop confirmed for October 24, 2024. The Chill Phase concludes on October 17, 2024. X Empire Daily Investment Combo, October 13, 2024 Today’s X Empire top Stock Exchange investment cards are: Artificial intelligence Gold Mining Tools Space Companies Read more: X Empire Mining Phase Ends on September 30: $X Airdrop Coming Next? Earn More Rewards with X Empire Daily Combo Cards Open the X Empire Telegram mini-app. Go to the "City" tab and select "Investments." Pick your daily stock cards and set your investment amount. Watch your in-game currency grow. Pro Tip: Stock picks refresh daily at 5 AM ET. Check them regularly to maximize your earnings. Strategic investments can greatly enhance your in-game wealth! Read more: What Is Musk Empire Telegram Game and How to Play? X Empire Rebus of the Day, October 13, 2024 The answer is “Slippage.” Solve this by navigating to the "Quests" section, entering the correct answer, and earning extra in-game cash. Read more: X Empire Launches Pre-Market Trading with NFT Vouchers Ahead of Token Airdrop X Empire Chill Phase Ends on 17 October, TGE and Listing Date: 24 October The X Empire airdrop on 24 October will reward participants based on two types of criteria: primary and additional. The primary criteria focus on factors like referrals, hourly earnings, and task completions, while the additional criteria include wallet connections, TON transactions, and use of Telegram Premium. During the Chill Phase, players can also earn an extra 5% of the token supply by completing new challenges until October 17, 2024. Participation in this phase is optional and does not affect tokens already allocated during the mining phase. Read more: X Empire Airdrop Criteria Revealed: Chill Phase Adds 5% to Token Supply After Season 1 Mining Final $X Tokenomics and Airdrop Breakdown Source: X Empire on Telegram Chill Phase End Date: 17 October 2024 $X Airdrop Date: 24 October 2024 Total Supply: 690 billion $X tokens Miners and Vouchers: 517.5 billion $X (75%) allocated to the community, with no lockups or vesting periods. Chill Phase Allocation: An additional 5% of the supply, now available to players during this new phase. New Users and Future Phases: A total of 172.5 billion $X (25%) has been set aside for onboarding new users, future development, exchange listings, market makers, and team rewards. Additional details regarding the distribution of this portion will be shared at a later time. Related Guide: X Empire Airdrop Guide: How to Earn $X Tokens Conclusion Although the mining phase concluded on September 30, players can continue earning in-game coins and enhancing their rewards during the Chill Phase. With 75% of the token supply still up for grabs, it's an ideal time for both new and seasoned players to boost their earnings. Stay engaged by solving riddles, completing tasks, and making smart investments. Keep track of X Empire’s updates as the $X token launch draws near in October 2024, and always remain mindful of the risks associated with crypto projects. Keep checking back for daily updates and solutions to X Empire's Daily Combo, Riddle, and Rebus challenges as you prepare for the upcoming airdrop! Read more: X Empire Daily Combo, Riddle, and Rebus of the Day Solutions, October 12, 2024