BTC could target $84K

BTC could target $84K

Hot projects + Market overview

I. Mainstream exchange news

  • Bitget has launched the PUFFER token on Launchpool, allowing users to stake BGB or USDT to earn rewards. Additionally, it has listed MOODENGETH and introduced perpetual contracts for CATS/USDT and CARV/USDT with up to 20x leverage.
  • Binance has announced the official launch of its pre-market trading feature, allowing users to buy and sell before the token listing on Launchpool.
  • Bitget has partnered with Puffer to support gas-free PUFFER airdrop claims.
  • OKX has launched pre-market trading for the X/USDT delivery contract pair.
  • Bitget has launched its Telegram App & Bot Center, a curated platform featuring over 600 apps and bots built on the Telegram Open Network (TON).
  • WOO's Q3 report highlights a 14.2% increase in staked WOO tokens, reaching 315 million on WOOFi, with stakers earning $1.14 million in USDC rewards. The report also mentions product launches like Social Trading for WOO X, improved transparency, and expanded partnerships.
  • Singapore-based crypto exchange Fairdesk will officially close all services on November 30 over regulatory concerns.

II. Mainstream projects and trending events

  • Tomarket, a rapidly growing mini-app within the Telegram and TON ecosystems, has scheduled its TGE for October 31.
  • Grayscale has released a list of over 30 crypto assets, including KAS and APT, that it is considering adding to future investment products.
  • Modular DPoS network Elixir has released an image of a camera, potentially hinting at a completed airdrop snapshot.
  • According to X user @mztacat, who is known for sharing insights and guides on blockchain-related projects and airdrops, the official domain information of the Ethereum L2 network Zora Network includes the subdomain "claim.zora.co," which might serve as the token airdrop claim site.
  • Worldcoin has partnered with Dune to improve transparency ahead of the World Chain mainnet launch.
  • Arkham Intelligence, a blockchain data company backed by investors including OpenAI founder Sam Altman, will launch a cryptocurrency derivatives exchange in November.
  • Neiro ended its partnership with market maker Gotbit who was accused by the US prosecutors of market manipulation and fraud, and will collaborate with a new market maker.
  • Elon Musk has changed his X profile picture featuring "Starship Flight 5."
  • Grayscale has released a deep dive video exploring SUI, praising its innovation in the gaming sector.

III. Funding news

  • Paradigm has invested $20 million in Odyssey's development company, Ithaca.
  • On-chain venture platform Fission Labs has completed a $1.6 million pre-seed funding round led by SALT Fund and Kraynos Capital.
  • Web3 gaming company Infinitar has secured $9 million in a Series A round led by Lam Group and AccelByte.

IV. Regulatory news

  • South Korea’s Financial Services Commission is planning to establish a Virtual Asset Committee to discuss the approval of spot ETFs and allow corporate virtual accounts.

V. Popular projects 

Market overview 

BTC has successfully broken through the daily moving average (MA140) at $62,371, marking the sixth attempt since the March 14 pullback from $73,777.  

If BTC can hold above $66,000, it could signal the end of the 210-day correction, with an initial target of $84,000.  

However, a drop below $62,371 may lead to a return to the consolidation phase. 

GOAT is up 80% in a day 

The price of GOAT, short for Goatseus Maximus, has surged 80% in the last 24 hours. Created by the AI bot @truth_terminal, the name blends "goat" with Greek mythology, while "Maximus" means "greatest" in Latin. 

Launched on Pump.fun, the GOAT token has seen considerable growth, with $2.9 million in liquidity and a market cap of $110 million. 

LEMOW is up 36% in a day 

The price of LEMOW, an ETH-based memecoin variant of “lmao,” has surged 36% in the last 24 hours.  

Created in 2022, the LEMOW token has $1.6 million in liquidity and a market cap of $32.5 million. 

PENG is up 22% in a day 

The price of PENG, a memecoin featuring the combination of a penguin and PEPE, has surged 22% in the last 24 hours.  

Launched on Solana in March, PENG grew by 100-fold within a week.  

The PENG token now has $1.5 million in liquidity and a market cap of $25.52 million. 

WOJAK is up 23% in a day 

 

The price of WOJAK, a memecoin launched around the same time as PEPE, has surged 23% in the last 24 hours.   

The term "Wojak" is derived from the Polish word for "soldier," and the meme depicts a sad-faced bald man, often used to convey various emotions on the internet. 

Currently, WOJAK ranks 492nd by market cap, with a value of $86 million. 

 

Significant token unlocks this week 

This week, ARB, AXS, EIGEN, and STRK are set for major token unlocks, collectively releasing over $162 million in value.

Arbitrum (ARB) will unlock 92.65 million tokens (~$49.87M) on October 16, representing 2.56% of the supply.

Axie Infinity (AXS) will unlock 9.25 million tokens (~$44.04M) on October 14, representing 6.08% of the supply.

Eigenlayer (EIGEN) will unlock 11.22 million tokens (~$41.85M) on October 16, representing 6.01% of the supply.

Starknet (STRK) will unlock 64 million tokens (~$27.01M) on October 15, representing 3.3% of the supply.

On-chain daily

1. Flight5: A memecoin on Ethereum, featuring Elon Musk's new Twitter avatar "Starship Flight 5." The 5th test flight of the Starship aims to send humans to Mars, a project closely watched by NASA.

  • Current Price: $0.00026
  • Historical High: $0.00027
  • 24-Hour Increase: 1523%
  • Market Cap: $26K
  • Official Twitter: https://x.com/Flight5Erc

2. Conviction: Conviction is a memecoin on Solana featuring a cat meme symbolizing conviction.

  • Current Price: $0.0014
  • Historical High: $0.0020
  • 24-Hour Increase: 491%
  • Market Cap: $2.7M

3. MARIE: MARIE is a memecoin on Ethereum featuring SPX’s mascot, a girl with twin ponytails.

  • Current Price: $0.02996
  • Historical High: $0.04120
  • 24-Hour Increase: 94,292%
  • Market Cap: $2.9M
  • Official Twitter: https://x.com/marieethcto

4. GOAT: GOAT is a memecoin on Solana featuring the AI-generated goat Maximus, the first AI-driven memecoin. Even a16z's founder interacted with the bot and donated $50K in Bitcoin.

  • Current Price: $0.9202
  • Historical High: $0.9271
  • 24-Hour Increase: 5M%
  • Market Cap: $83.5M
  • Official Twitter: https://x.com/GOAT_SOLANA_

5. 🇺🇸: 🇺🇸 is a Solana-based memecoin promoting American patriotism. It was announced as a community takeover now.

  • Current Price: $0.0013
  • Historical High: $0.0014
  • 24-Hour Increase: 411%
  • Market Cap: $1.1M
  • Official Twitter: https://x.com/USAemojiSolana

6. Pingu: Pingu is a memecoin on Solana featuring a wild west penguin and soon to launch a mobile game.

  • Current Price: $0.00033
  • Historical High: $0.00053
  • 24-Hour Increase: 47.49%
  • Market Cap: $10.4M
  • Official Twitter: https://x.com/pingulandcto

Bitcoin Ecosystem Overview

BTC Mainnet Gas Fee Update:

- Current BTC transaction fee: 2 satoshis/byte.

- Transaction fees hitting a recent low.

Fractal Bitcoin Gas Fee Update:

- Current transaction fee: 114 satoshis/byte.

- Gas fees seeing a slight rebound but remaining low overall.

Inscription, Rune, and Fractal Bitcoin Leading Token Tracking

ORDI:

Current Price: $35.01

24-Hour Change: +0.9%

Market Cap: $735.13M

DOG:

Current Price: $0.0053

24-Hour Change: -0.19%

Market Cap: $538M

FB:

Current Price: $6.66

24-Hour Change: +0.82%

Market Cap: $23.97M

Today's Popular Projects

MoonCat: 

Type: Fractal Bitcoin Inscription

Market Cap: $1.89M

24-Hour Volume: $44.67K

24-Hour Change: +18.03%

Number of Addresses: 32,373

Wzrd:

Type: Inscription

Market Cap: $120.86M

24-Hour Volume: $63.06K

24-Hour Change: +13.15%

Number of Addresses: 8,213

GIZMO•IMAGINARY•KITTEN: 

Type: Rune

Market Cap: $13.76M

24-Hour Volume: $419.23K

24-Hour Change: +46.92%

Number of Addresses: 2,878

Performances of today's top three tracks

AI: Overall daily sector change -0.25%

  1. WLD: Worldcoin has developed a device called Orb, which captures an image of a person’s eye and converts it into a short digital code, allowing verification of whether the person is already registered.
  • Daily Increase: +9.3%
  • Current Price: $2.2
  • Current Market Cap: $1.17B
  • 24-Hour Trading Volume: $472M
  • Recent News: Announced a collaboration with Dune to enhance transparency ahead of the mainnet launch.

  1. AGIX: SingularityNET is a decentralized platform and marketplace for AI. Agents running on SingularityNET can flexibly outsource work to each other, exchange information, negotiate payments, and perform ratings that impact their reputation.
  • Daily Increase: +7%
  • Current Price: $0.61
  • Current Market Cap: $790M
  • 24-Hour Trading Volume: $46K
  • Recent News: Partnered with Defender Bot.

  1. OCEAN: Ocean is a toolkit for the Web3 data economy, providing developers with tools to create data marketplaces, manage data NFTs, and DeFi data tokens. Data owners and consumers can use the Ocean Market app to securely publish, explore, and use data.
  • Daily Increase: +6.8%
  • Current Price: $0.61
  • Current Market Cap: $397M
  • 24-Hour Trading Volume: $635K
  • Recent News: Launched a 5,000 FET reward-sharing event.

NFT: Overall daily sector change -0.48%

  1. EPIK: Epik is an NFT platform that collaborates with AAA gaming companies, entertainment IPs, and brands to create in-game NFT assets and marketplaces.
  • Daily Increase: +16%
  • Current Price: $0.0355
  • Current Market Cap: $37M
  • 24-Hour Trading Volume: $43K
  • Recent News: Null.

  1. LOOKS: LooksRare is a community-first NFT marketplace, committed to rewarding traders, collectors, and creators.
  • Daily Increase: +4.5%
  • Current Price: $0.042
  • Current Market Cap: $42M
  • 24-Hour Trading Volume: $1.6M
  • Recent News: Azuki raffle event.

  1. ERN: LOBO is a memecoin on the Bitcoin Rune protocol.
  • Daily Increase: +2.7%
  • Current Price: $2
  • Current Market Cap: $44M
  • 24-Hour Trading Volume: $3.58M
  • Recent News: Announced the imminent mainnet launch.

RWA: Overall daily sector change -0.5%

  1. ONDO: ONDO is a leading player in the RWA sector, offering tokenization services for US Treasury bonds.
  • Daily Increase: +2.2%
  • Current Price: $0.71
  • CurrentMarket Cap: $1.03B
  • 24-Hour Trading Volume: $73M
  • Recent News: Null

  1. PRO: PRO is a blockchain-based real estate platform that supports buying and selling properties using cryptocurrencies and NFTs.
  • Daily Increase: +2.08%
  • Current Price: $0.95
  • Current Market Cap: $55M
  • 24-Hour Trading Volume: $1.86M
  • Recent News: Will participate in the Web 3 Property Summit on November 7-8.

  1. TOKEN: TOKEN was launched by the Floki team, this project aims to provide everything users need to tokenize assets on a simple, all-in-one platform without writing any code.
  • Daily Increase: +3%
  • Current Price: $0.049
  • Current Market Cap: $86M
  • 24-Hour Trading Volume: $8.7M
  • Recent News: Null

Disclaimer

The development and market cap of stablecoins mentioned in the above content is speculative and based on market analysis at the time of writing and should not be interpreted as guaranteed outcomes. Market conditions can fluctuate widely and unpredictably due to numerous factors such as regulatory changes, market demand, and global economic developments. 

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