BTC remains bullish above $62.8K, with $66K as the next short-term target

BTC remains bullish above $62.8K, with $66K as the next short-term target

Hot projects + Market overview

I. Mainstream exchange news

  • Binance, WOO X, Bitget, and OKX have opened services for the Catizen (CATI) token.
  • Binance will list the FIO/USDT perpetual contract.
  • WOO X has listed the NEIRO/USDT perpetual contracts.
  • Bitget has launched pre-trading for the Scroll (SCR) token.
  • OKX has listed the TAO/USDT perpetual contract.
  • Hassan Ahmed, Coinbase's head for Southeast Asia, has announced plans to integrate its issued cbBTC token into the Solana ecosystem, aiming to facilitate the integration of Bitcoin with a high-performance public blockchain.
  • Crypto.com has secured a license in Bahrain to offer payment service provider solutions.

II. Mainstream projects and trending events

  • UniSat‘s decentralized trading platform, PizzaSwap, will launch on the Fractal mainnet on September 30.
  • Web3 mobile company Jambo announced the launch of the JamboPhone 2, integrated with Solana, priced at only $99. This new model supports shipping to 128 countries and regions.
  • Payment solution DePlan has launched DePlan 2.0 on Solana, supporting pay-later.
  • Pyth Network has introduced Oracle Integrity Staking (OIS) to boost data reliability and security in DeFi. OIS encourages participation from publishers and PYTH token holders through on-chain staking rewards and penalties, enhancing the safety of the Oracle network.
  • Solana’s validator client Firedancer is now live on the mainnet.
  • Stacks is integrating BTC into the Solana network.
  • The US SEC has approved BlackRock's spot Bitcoin ETF for Bitcoin options trading.
  • Eigenpie has announced the launch of EGP IDO on Magpie Launchpad. Users with Eigenpie Priority Access can now purchase EGP using USDT.
  • The cross-chain interoperability protocol deBridge will list its airdrop token, DBR, on October 17.
  • Australian energy company Powerledger will expand to the Solana mainnet. The POWR token will be available as a native SPL token in the Solana ecosystem while also remaining as an ERC-20 token on Ethereum.
  • Franklin Templeton has announced plans to launch a money market fund on Solana, aiming to become the first asset management company to issue a security on Solana under a public registration statement with the US SEC.

III. Funding news

  • Grass Network has completed its Series A funding round, led by Hack VC, reaching a valuation close to $1 billion.
  • Web3 video gaming platform Forge has completed a new round of funding led by Sui Network.
  • Jupiter, a DEX in the Solana ecosystem, has announced its acquisition of Cosmos-based aggregator Coinhall.
  • The Aptos Foundation has partnered with the Ignition AI Accelerator, backed by NVIDIA, Tribe, and DISG, to drive the growth of AI startups across the Asia-Pacific region.
  • Bitcoin cross-chain lending protocol Blend has completed a seed funding round, led by Mario Nawfal and IBC Group.
  • The fully homomorphic encryption (FHE) protocol startup octra has completed a $4 million Pre-Seed funding round, led by Finality Capital.
  • Bitcoin cross-chain lending protocol Blend has announced the completion of its seed funding round, led by Mario Nawfal and IBC Group. 

IV. Regulatory news

  • US presidential candidate Kamala Harris outlined her vision for an "opportunity economy," emphasizing collaboration between labor, businesses, and innovators to promote technologies like AI and digital assets while ensuring consumer and investor protection with transparent regulations.
  • The International Monetary Fund (IMF) has released a document titled "Central Bank Digital Currency Adoption: Inclusive Strategies for Intermediaries and Users," recommending a strategy that focuses on inclusivity for both intermediaries and end-users. It also introduces the REDI framework to aid in promoting CBDC adoption.

V. Popular projects 

Market overview

 

Bitcoin remains bullish as long as it stays above $62,800 on the daily chart.

 

This level serves as key support, and until it breaks below, the next short-term target is $66,000. From a daily perspective, the current upward trend appears to have just started.

NATI is up 70% in a day

The price of IlluminatiCoin, a memecoin originating from ancient symbols and esoteric knowledge that claims to be key to understanding wealth, has surged 70% in the last 24 hours. 

The NATI token has a total supply of 33 billion, with 92% sent to the liquidity pool, LP tokens burned, and the contract abandoned.

NATI has reached a market cap of $38.64 million, with on-chain liquidity of $2.09 million.

BOB is up 23% in a day

BOB, previously a X tool for simplifying tweets, has seen its token BOB rise 23% in the last 24 hours.

Elon Musk has frequently interacted with ExplainThisBob‘s tweets.

BOB currently ranks 929th by market cap, with a value of $25.64 million. Its 24-hour trading volume stands at $5 million.

HEHE is up 18% in a day

The price of HEHE, a Solana-based memecoin featuring a cat, has surged 18% in the last 24 hours.

"Hehe" mimics laughter, with the meme gaining traction on social media.

The HEHE token has reached a market cap of $29.65 million with liquidity of $924,000.

Significant token unlocks this week

This week, VENOM, YGG, and AGIX are set for unlocking, collectively releasing a total value exceeding $37 million.

Venom (VENOM) will unlock 235 million tokens on September 25, valued at approximately $25.55 million, representing 12.66% of the circulating supply.

Yield Guild Games (YGG) is set to unlock 14.08 million tokens on September 27, worth about $6.5 million, accounting for 3.65% of the circulating supply. 

SingularityNET (AGIX) will unlock 8.19 million tokens on September 28, valued at around $5.82 million, representing 1.63% of the circulating supply.

On-chain daily

1. Berry: Berry is an AI project that can be viewed as the crypto version of Perplexity, combining AI with a search engine. The project recently announced that the number of addresses holding the token has surpassed 3,000.

- Current Price: $0.159  

- Historical High: $0.23  

- 24-Hour Increase: 5.9%  

- Market Cap: $15.9M  

- Official Twitter: https://x.com/BERRYSTORE4  

2. Terminus: Terminus is a memecoin on Ethereum inspired by Elon Musk's Mars concept, primarily driven by Chinese communities.

- Current Price: $0.1567  

- Historical High: $0.19  

- 24-Hour Increase: 85.05%  

- Market Cap: $15.60M  

- Official Twitter: https://x.com/TERMINUS_CTO  

3. MOODENG: MOODENG is a memecoin on the Solana chain, based on the viral Thai celebrity hippo known as "Jumping Pig”.

- Current Price: $0.04487  

- Historical High: $0.05912  

- 24-Hour Increase: 16.23%  

- Market Cap: $44.4M  

- Official Twitter: https://x.com/MemeMooDeng  

4. DOGGO: DOGGO is a memecoin on Ethereum inspired by a Shiba Inu with Short Spine Syndrome. It is associated with Neiro, and rumors suggest the same group is behind DOGGO, Neiro, and Cate. The project is now community-owned.

- Current Price: $0.0000656  

- Historical High: $0.0000708  

- 24-Hour Increase: 246%  

- Market Cap: $27M  

- Official Twitter: https://x.com/ctodoggo  

5. Asteroid: Asteroid is an Ethereum-based memecoin, inspired by Elon Musk’s tweet about his Shiba Inu dog, Floki.

- Current Price: $0.058460  

- Historical High: $0.00001089  

- 24-Hour Increase: 497%  

- Market Cap: $3.7M  

- Official Twitter: https://x.com/ashiba_eth 

6. BLUB: BLUB is a memecoin on the Sui blockchain, featuring a fish with a Pepe face.

- Current Price: $0.061064  

- Historical High: $0.076559  

- 24-Hour Increase: 31.92%  

- Market Cap: $34.4M  

- Official Twitter: https://x.com/blubsui

Bitcoin Ecosystem Overview

Bitcoin Ecosystem Overview:

BTC Mainnet Gas Fee Changes:

- Current BTC Transaction Fee: 4 satoshis/byte  

  Despite market fluctuations, BTC transaction fees have remained persistently low for the past three months.

Fractal Bitcoin Gas Fee Changes:

- Current Transaction Fee: 968 satoshis/byte  

  The surge is attributed to the minting capabilities of the CAT 20 protocol on Fractal Bitcoin, causing a FOMO-driven spike.

Inscription, Rune, and Fractal Bitcoin Leading Token Tracking:

- ORDI:  

  - Current Price: $32.1  

  - 24-Hour Change: -0.23%  

  - Market Cap: $722M  

- DOG:  

  - Current Price: $0.00248  

  - 24-Hour Change: +2.5%  

  - Market Cap: $249.4M  

- FB:  

  - Current Price: $13.25  

  - 24-Hour Change: +0.69%  

  - Market Cap: $28.44M  

Today's Popular Projects:

- people (Fractal Bitcoin Inscription):  

  - Market Cap: $768K  

  - 24-Hour Trading Volume: $117,874  

  - 24-Hour Change: +130%  

  - Number of Holding Addresses: 13,604  

- aoas (Inscription):  

  - Market Cap: $5.1M  

  - 24-Hour Trading Volume: $17,588  

  - 24-Hour Change: +10%  

  - Number of Holding Addresses: 1,592  

- Bitcoin Puppets (BTC NFT):  

  - Market Cap: Not applicable  

  - 24-Hour Trading Volume: $53,942  

  - 24-Hour Change: +29%  

  - Number of Holding Addresses: 6,700  

Performances of today's top three tracks

AI: Overall Daily Increase 4.36%

1. SPEC: SPEC is an innovative project combining Web3 technology with machine learning (ML) and artificial intelligence (AI). The platform aims to democratize dApp development, allowing non-programmers to easily build decentralized applications.  

   - Daily Increase: 20%  

   - Current Price: $8.46  

   - Market Cap: $101.93M  

   - 24-Hour Trading Volume: $10.2M  

   - Latest News: Preparing to launch Syntax V2.

2. PAAL: PAAL is a chatbot that utilizes AI and machine learning to automate complex tasks that usually require human cognition, including natural language understanding, image recognition, and problem-solving. Token holders can accumulate more tokens through AI services, referrals, and community contributions.  

   - Daily Increase: 15.25%  

   - Current Price: $0.266  

   - Market Cap: $230M  

   - 24-Hour Trading Volume: $6.58M  

   - Latest News: Integration of FLUX.1 into MyPaalBot's “/image” feature.

3. CLORE: Clore is an innovative platform connecting individuals and businesses seeking high-performance GPU resources for tasks like AI training, video rendering, and crypto mining, offering competitive prices and flexible access to computing power.  

   - Daily Increase: 15.30%  

   - Current Price: $0.093  

   - Market Cap: $38.57M  

   - 24-Hour Trading Volume: $3.99M  

   - Latest News: Participated in Token2049 Singapore.

GameFi: Overall Daily Increase 2.37%

1. KARRA: A centralized gaming infrastructure project focused on supporting decentralized games (DGames). It provides a set of tools and services that allow developers to easily create and deploy blockchain-based games.  

   - Daily Increase: 48.85%  

   - Current Price: $0.4461  

   - Market Cap: $51.07M  

   - 24-Hour Trading Volume: $3.8M  

   - Latest News: No recent updates.

2. NAKA: NAKA is a P2E (Play-to-Earn) gaming platform.  

   - Daily Increase: 18.145%  

   - Current Price: $1.0783  

   - Market Cap: $70.09M  

   - 24-Hour Trading Volume: $44.67M  

   - Latest News: Completed all features of MonsterVille, marking the first Tap2Earn ecosystem.

3. IMX: IMX is a Layer 2 scaling solution on Ethereum designed for NFT platforms, offering gas-free transactions while ensuring the security of the Ethereum main network.  

   - Daily Increase: 11.3%  

   - Current Price: $1.79  

   - Market Cap: $70.73M  

   - 24-Hour Trading Volume: $2.88B  

   - Latest News: IMX will unlock 18.08 million tokens (worth approximately $12.22M) on November 4, 2023.

DeFi: Overall Daily Increase 2.28%

1. BOND: A cross-platform protocol for tokenizing risk. Its application allows users to select from opposing pools (batches) and take positions on risk factors such as interest rates or asset prices.  

   - Daily Increase: 44.43%  

   - Current Price: $2.15  

   - Market Cap: $20.86M  

   - 24-Hour Trading Volume: $2.59M  

   - Latest News: No recent updates.

2. VITE: VITE is the first DAG-based smart contract platform, adopting a snapshot chain structure to achieve zero-fee transactions, optimized for transaction speed, reliability, and security.  

   - Daily Increase: 13.54%  

   - Current Price: $0.02473  

   - Market Cap: $27.27M  

   - 24-Hour Trading Volume: $6.14M  

   - Latest News: Released the ninth mainnet upgrade “slashing” package.

3. AERO: Aerodrome Finance is a next-gen AMM designed to serve as the central liquidity hub for Base, combining a powerful liquidity incentive engine, vote-locked governance model, and user-friendly experience.  

   - Daily Increase: 12.42%  

   - Current Price: $0.9461  

   - Market Cap: $592.7M  

   - 24-Hour Trading Volume: $35.55M  

   - Latest News: Participated in the Block Zero event.

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