BTC's new all time high is near

BTC's new all time high is near

Hot projects + Market overview

I. Mainstream exchange news

  • WOOFi has announced that its WOOFi Pro has launched on the Sei network.
  • Coinbase has integrated Visa Direct, a real-time push payments platform provided by Visa Inc., enabling customers to deposit and withdraw funds into their Coinbase account in real time using eligible Visa debit cards.
  • Binance is planning to introduce Binance Wealth, the world’s first crypto exchange solution built to support wealth managers and their high net worth (HNW) clients interested in expanding their investments into digital assets. 
  • HashKey Global launched the SAFE/USDT perpetual contract on October 29.
  • Bitget has announced the appointment of Min Lin, who previously held the position of Regional Vice President, as its Chief Business Officer. 
  • Binance Futures added NEIRO/USDT and TURBO/USDT perpetual contracts on October 29.

II. Mainstream projects and trending events

  • Solayer, a Solana-based staking platform, launched sUSD, a synthetic stablecoin backed by real-world assets (RWA).
  • Optimism Foundation has agreed to provide Kraken with a grant of 25 million OP tokens.
  • Tesla CEO Elon Musk is planning to double the size of his AI startup, xAI, to include 200,000 Nvidia H100 and H200 chips.
  • Sui ecosystem lending platform Suilend has announced that it will distribute SEND airdrops to Rootlets, an NFT series launched by Suilend founder Rooter.
  • Sky, a blockchain-based platform, has announced that qualified users who earned boosted SKY rewards from the Sky Protocol's Early Bird.
  • Rage Trade, a platform that focuses on providing airdrop distributions and other crypto-related services, will conduct the $RAGE airdrop distribution on November 21.
  • Thunes, the Smart Superhighway to move money around the world, has partnered with Circle, the issuer of USDC and EURC, to enhance the management of stablecoin liquidity.
  • COOK, the governance token of the mETH protocol, is now open for claims.
  • Ethereum co-founder Vitalik Buterin has released his thoughts on the EVM upgrades, stating that the new idea is to combine EVM-MAX with Single Instruction Multiple Data (SIMD) capabilities.
  • DVY has been launched after a one-day delay due to wallet interruptions and Solana network congestion, said Divvy.Bet, a candidate project of Jupiter LFG.
  • Trump’s probability of winning the US election on Polymarket has risen to 66.1%, giving him a 32.1 percentage points lead over Harris, as President Biden casts an early vote in Delaware to show his support for Harris.
  • Circle, a leading financial technology company, has unveiled the Encrypted ERC-20 Framework to enhance blockchain privacy by shielding transaction amounts and balances from public view.
  • The X account for Truth Terminal developer Andy Ayrey appears to have been hacked to shill a spurious memecoin, with the attackers clearing over $600,000 from the endeavor. 
  • Aloe, a decentralized layer two (L2) platform on Solana, has opened its airdrop for claiming.

III. Funding news

  • Elon Musk's AI startup xAI is in talks with investors for a funding round that would value the company at around $40 billion.
  • KRNL Labs, the Web3 open software library, has completed a $1.7 million Pre-Seed round participated in by TRGC.
  • PumpBTC, a Bitcoin liquidity collateral platform, has completed a $10 million seed round  led by SevenX Ventures.

IV. Regulatory news

  • Hong Kong Virtual Asset Trading Platform (VATP) has currently issued 3 licenses and is processing another 14 applications with the expectation of issuing several more licenses by the end of the year.

V. Popular projects 

Market overview

BTC surged to $73,620, just $1,500 away from its historical high.

It must maintain above $71,243 to sustain its upward trajectory and set new highs.

SOL's exchange rate against ETH has hit a record of 0.071. Potential breakouts are closely monitored by the market.

LUCE: Holy Year 2025 Mascot

LUCE is the official mascot of the Vatican's Holy Year 2025. Cardinal Fisichella stated that it features the Church's desire to "survive even in the popular culture beloved by young people." 

With its religious connotations, the token has rapidly increased in value since its listing on pump.fun.

It currently has $2.2 million in on-chain liquidity and a market cap of $78 million, with daily on-chain transactions exceeding 94,000.

PIXEL: Farm-Style Game

PIXEL, a pixel-art farming game, engages players in planting, harvesting, and completing tasks to earn tokens or purchase Farm Land NFTs for additional rewards. 

It recently secured $4.8 million in funding from Animoca Brands and PKO Investments and was featured on Binance Launchpad. 

With BTC reaching new highs, PIXEL shows increased trading volume and sector movement, maintaining a market cap of $144 million.

BAN: Art Meme Heat

BAN draws inspiration from Italian artist Maurizio Cattelan's "Comedian," a banana taped to a wall that became a sensation at the 2019 Miami Art Fair, selling for $120,000.

This work, often viewed as a critique of the art market's absurdities, has been widely discussed and symbolized. The latest edition is heading to auction at Sotheby's with an expected $1-1.5 million valuation.

With Sotheby's Vice President Michael Bouhanna involved in its launch, the BAN token has significant market anticipation, currently holding $1.5 million in on-chain liquidity and a $26 million market cap despite a recent 60% drop from its peak.

ACT: Multi-AI Interaction

ACT, backed by Chapter II and AI developers Unikara and Polyverse, pioneers exploration in multi-AI interaction, aiming to understand and enhance AI collaboration.

 Functioning as an upgraded GOAT model, ACT analyzes emergent AI behaviors in controlled environments to anticipate real-world large-scale interactions. 

ACT holds a $30.81 million market cap with $2.3 million in on-chain liquidity, steadily trending upwards.

On-chain daily

1. Frank: Frank is a memecoin on the Solana blockchain, featuring a polar bear walking emoji, and has been taken over by the community.

  • On-Chain Token Holding Addresses: 2,868
  • Current Price: $0.002814
  • Market Cap: $2.8 million
  • Official Twitter: https://x.com/bearpolarfrank

2. VISTA: VISTA is a memecoin on the Ethereum blockchain, known as the first value compounding deflationary token, and is the native currency of EthervistaDEX. With Etherfun's launch, the proceeds will be used to buy and burn VISTA.

  • On-Chain Token Holding Addresses: 385
  • Current Price: $23.94
  • Market Cap: $23.1 million
  • Official Twitter: https://x.com/ethervista

3. bop: bop is a memecoin on the Solana blockchain, featuring a dancing cartoon cat emoji, and has been listed on Pump fun for 7 months.

  • On-Chain Token Holding Addresses: 2,408
  • Current Price: $0.002259
  • Market Cap: $2.2 million
  • Official Twitter: https://x.com/ogbopcat

4. YOUSIM: YOUSIM is a memecoin on the Solana blockchain, a large language model simulator where users can train AI.

  • On-Chain Token Holding Addresses: 3,551
  • Current Price: $0.01397
  • Market Cap: $13.9 million
  • Official Twitter: https://x.com/i/communities/1849610882394751306

5. SHIT: SHIT is a memecoin on the Solana blockchain, featuring the "junk coin."

  • On-Chain Token Holding Addresses: 82,752
  • Current Price: $0.005965
  • Market Cap: $5.9 million
  • Official Twitter: https://x.com/shitcoin

6. UPDOG: UPDOG is a memecoin on the Solana blockchain, featuring a Shiba Inu emoji. It was announced as a full community takeover.

  • On-Chain Token Holding Addresses: 13,967
  • Current Price: $0.005965
  • Market Cap: $1.4 million
  • Official Twitter: https://x.com/UpDogToken

Bitcoin Ecosystem Overview

BTC Mainnet Gas Fee Update:

  • Current BTC Transaction Fee: 4 satoshis/byte
  • Although Bitcoin prices have recently approached new highs, Gas Fees have not shown a significant increase, indicating that the Bitcoin ecosystem has not yet gained widespread favor.

Fractal Bitcoin Gas Fee Update:

  • Current Transaction Fee: 38 satoshis/byte
  • Gas fees have plummeted and remained low recently, reflecting a weak price trend.

Inscription, Rune, and Fractal Bitcoin Leading Token Tracking:

ORDI:

  • Current Price: $35.53
  • 24-Hour Change: +2%
  • Market Cap: $746.09M

DOG:

  • Current Price: $0.004867
  • 24-Hour Change: +0.36%
  • Market Cap: $486M

FB:

  • Current Price: $5.12
  • 24-Hour Change: +1.68%
  • Market Cap: $24.67M

Today's Popular Projects:

FBmainchain: FBmainchain is a fractal Bitcoin inscription concept, featuring the main chain of fractal Bitcoin.

  • Current Market Cap: $40M
  • 24-Hour Trading Volume: $5,679
  • 24-Hour Increase: +16%
  • Number of Holders: 6,262

fifa: fifa is an inscription token featuring a soccer concept.

  • Current Market Cap: $2.5M
  • 24-Hour Trading Volume: $41K
  • 24-Hour Increase: +32%
  • Number of Holders: 950

GIZMO•IMAGINARY•KITTEN: GIZMO•IMAGINARY•KITTEN is a Rune token featuring a new cat character 'Gizmo' released by Bitcoin Puppets artist @lepuppeteerfou on Twitter.

  • Current Market Cap: $26M
  • 24-Hour Trading Volume: $386K
  • 24-Hour Increase: +26%
  • Number of Holders: 4,246

Performances of today's top three tracks

Meme: Overall daily sector change: + 6.89%

1. DINO: DINO features a cartoon dinosaur as its mascot.

  • Daily Increase: 43.14%
  • Current Price: $0.00704
  • Current Market Cap: $2.2M
  • 24-Hour Trading Volume: $179.79K
  • Recent News: Null

2. RFD: REFUND (RFD) was quietly launched by Blurr on May 19, 2023. Blurr is a 2017 OG whale who made headlines in 2021 for liquidating punk #9998, earning 124k ETH.

  • Daily Increase: 20.73%
  • Current Price: $0.000004683
  • Current Market Cap: $4.68M
  • 24-Hour Trading Volume: $489.19K
  • Recent News: Null

3. MICHI: MICHI features a standing cat emoji and it was announced as a full community takeover on April 10, 2024.

  • Daily Increase: 19.65%
  • Current Price: $0.3483
  • Current Market Cap: $188.24M
  • 24-Hour Trading Volume: $18.13M
  • Recent News: Null

RWA: Overall daily sector change: + 6.33%

1. GFI: Goldfinch is a DeFi lending protocol that combines real-world assets.

  • Daily Increase: 32.37%
  • Current Price: $1.5585
  • Current Market Cap: $134.14M
  • 24-Hour Trading Volume: $7.35M
  • Recent News: Null

2. VSYS: V.SYSTEMS is a blockchain infrastructure provider focused on databases and cloud services.

  • Daily Increase: 18.97%
  • Current Price: $0.00155
  • Current Market Cap: $4.71M
  • 24-Hour Trading Volume: $969.87K
  • Recent News: Participated in Hong Kong FinTech Week 2024.

3. COOPL: Clearpool is a decentralized capital market protocol that allows whitelisted institutions to borrow unsecured liquidity from a decentralized lending network.

  • Daily Increase: 16.11%
  • Current Price: $0.23317
  • Current Market Cap: $164.09M
  • 24-Hour Trading Volume: $5.63M
  • Recent News: CPOOL L2 Ozean collaborates with ENA to launch USDe and sUSDe.

NFT: Overall daily sector change: + 4.45%

1. TNSR: TNSR is the native token of the Tensor NFT marketplace on Solana.

  • Daily Increase: 14.5%
  • Current Price: $0.477
  • Current Market Cap: $59.63M
  • 24-Hour Trading Volume: $76.02M
  • Recent News: Hosted a $150,000 coding competition on Cantina.

2. EPIK: EPIK Prime is an NFT platform that collaborates with gaming companies, major entertainment IPs, and brands to create in-game NFT merchandise and markets.

  • Daily Increase: 23.24%
  • Current Price: $0.02243
  • Current Market Cap: $23.62M
  • 24-Hour Trading Volume: $138.1K
  • Recent News: Launched a gaming character pack event.

3. OPUL: Opoulous provides musicians with music copyright NFTs and DeFi loans, attracting fan investments.

  • Daily Increase: 14.3%
  • Current Price: $0.06935
  • Current Market Cap: $34.67M
  • 24-Hour Trading Volume: $810.84K
  • Recent News: Upcoming MFT airdrop distribution.

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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