BTC's key resistance level is $66K

BTC's key resistance level is $66K

Hot projects + Market overview

I. Mainstream exchange news

  • WOO X and Coinbase launched DEGEN token trading.
  • Bitget has launched the PUFFER/USDT perpetual contract with up to 20x leverage, while OKX has introduced its margin perpetual contracts.
  • OKX will launch the GRASS/USDT pre-market trading.
  • Upbit will list the CARV token.
  • Coinbase Wallet has introduced an instant deposit feature.

II. Mainstream projects and trending events

  • dYdX has introduced a perpetual contract for predicting the 2024 Donald Trump election.
  • Uniswap Foundation has opened grant applications for Unichain developers.
  • Sui has denied allegations of insiders dumping $400M in tokens, stating that the movement was likely from infrastructure partners conducting normal operations.
  • Hyperliquida, a decentralized trading platform, has established a foundation and will launch the HYPE token.
  • The PUFFER claim window has gone live, and eligible users can claim their allocated tokens.
  • Wormhole, a cross-chain messaging protocol, has launched on the Unichain testnet, enabling users to transfer assets and data between chains securely.
  • Kakarot testnet, a development stage where developers and users can experiment and test the functionalities of Kakarot before a full mainnet release, has migrated to Starknet Sepolia.
  • Ore, a mining project on Solana, will offer staking multipliers (Boosts) for new tokens.
  • Doubler Pro was launched on Berachain v2 bArtio on October 14, supporting assets like WBERA.
  • Divvy.Bet, a decentralized sports betting platform that allows users to wager on various sports using cryptocurrency, will conduct its TGE on October 29.

III. Funding news

  • OKX Ventures has invested in the Bitcoin staking platform Solv Protocol, which recently completed an $11 million strategic round with participation from Laser Digital and Blockchain Capital, bringing its total funding to $25 million.

V. Popular projects 

Market overview

BTC surged past $66,000, reaching a peak of $66,500. As long as it remains above $64,474 in the short term, there is potential for further upward movement.

$66,000 serves as a significant resistance level and a key point for determining future trends. Stability above this level could indicate further gains toward the previous high of $73,777.

PAI is up 141% in a day

ParallelAI, an AI language platform designed to improve resource efficiency for businesses facing performance issues, has seen its token PAI surge 141% in the last 24 hours.

Using parallel processing technology, ParallelAI boosts efficiency, helping organizations complete more tasks while reducing the need for large infrastructures. 

The PAI token has reached $790,000 in on-chain liquidity and $30 million in market cap.

TROLL is up 60% in a day

The price of TROLL, a memecoin inspired by Elon Musk’s change to his X bio as "Chief Troll Officer" (CTO) on January 9, 2024, has surged 60% in the last 24 hours. 

In English, "troll" can refer to someone who posts provocative comments online to stir chaos or gain attention. The community sees Musk as a symbolic leader.

TROLL currently ranks 994th by market cap, with a value of $25.15 million.

CHEEMS is up 33% in a day 

The price of CHEEMS, a memecoin featuring a Shiba Inu, has surged 33% in the last 24 hours.

It first gained popularity in the zkSync ecosystem and has recently been launched on BSC, driving its recent gains. 

CHEEMS has reached a market cap of $43 million, with $2.8 million in liquidity.

TRUBO is up 32% in a day

The price of Turbo, a memecoin based on the first meme created using ChatGPT, has surged 32% in the last 24 hours. 

 Inspired by AI concepts, Turbo is benefiting from the recent success of GOAT.

The TURBO token has reached a market cap of $800 million, with an on-chain liquidity pool of $7.1 million and 39,800 holders.

DOGINME is up 27% in a day 

The price of DOGINME, a memecoin featuring the dog owned by decentralized social media Farcaster founder Dan Romero, has surged 27% in the last 24 hours.

This memecoin has gained symbolic status in the Base ecosystem and has reached a market cap of $25.48 million.

WHY is up 20% in a day

The price of WHY, a memecoin on BSC featuring an elephant, has surged 20% in the last 24 hours.

The project launched with a 100% fair start. The token allocation includes 50% for presale, 40% for liquidity, and 5% each for HEYI and CZ.

With $20 million in liquidity, WHY has risen over 29 times from its low point, reaching $13.56 million in 24-hour trading volume.

On-chain daily

  1. MEDUSA: MEDUSA is a memecoin on Solana, the first token deployed by AI LUNA on PF, featuring a goat. The AI mimics human posting behavior on X.
  • Current Price: $0.01381
  • Historical High: $0.01941
  • 24-Hour Increase: 22,889%
  • Market Cap: $13.7M
  • Official Twitter: https://x.com/BrokenEmoAI

  1. Keycat: Keycat is a memecoin on Ethereum, created to commemorate Fatso, a famous keyboard cat. The project is now taken over by the community.

  1. Terminal: Terminal is a memecoin on Solana, featuring a goat, where an AI mimics human behavior, mumbling and replying to comments on X.

  1. STONKS: STONKS is a memecoin on Ethereum, featuring the iconic Stonks meme, which humorously depicts profiting from seemingly bad investment decisions. The project is now taken over by the community.

  1. HONK: HONK is a memecoin on Solana, featuring the iconic goose meme from the game Untitled Goose Game.
  • Current Price: $0.005994
  • Historical High: $0.007626
  • 24-Hour Increase: 55.54%
  • Market Cap: $5.8M
  • Official Twitter: https://x.com/honk_sol

      6. KLAUS: KLAUS is a memecoin on Ethereum, derived from the PEPE meme, featuring a fish.

  • Current Price: $0.01910
  • Historical High: $0.02136
  • 24-Hour Increase: 207%
  • Market Cap: $19.1M
  • Official Twitter: https://x.com/KlausOnEth

Bitcoin Ecosystem Overview

BTC Mainnet Gas Fee Update:

- Current BTC transaction fee: 4 satoshis/byte.

- Daily average gas fee has slightly increased compared to last week, but the fee remains relatively low.

Fractal Bitcoin Gas Fee Update:

- Transaction fee: 114 satoshis/byte.

- Daily average gas fee has seen a small rebound compared to last week.

Inscription, Rune, and Fractal Bitcoin Leading Token Tracking

ORDI:

Current Price: $39.12

24-Hour Change: +11.27%

Market Cap: $821.25M

DOG:

Current Price: $0.005433

24-Hour Change: +1.24%

Market Cap: $543M

FB:

Current Price: $6.71

24-Hour Change: +0.21%

Market Cap: $24.72M

Today's Popular Projects:

Moonrats:

Type: Fractal Bitcoin Inscription

Market Cap: $650.45K

24-Hour Volume: $53.24K

24-Hour Change: +76.89%

Number of Addresses: 8,539

𐊶:

Type: Inscription

Market Cap: $120.86M

24-Hour Volume: $63.06K

24-Hour Change: +13.15%

Number of Addresses: 8,213

DOG•GO•TO•THE•MOON:

Type: Rune

Market Cap: $594.09M

24-Hour Volume: $469.74K

24-Hour Change: +9.15%

Number of Addresses: 91,817

Performances of today's top three tracks

Meme: Overall daily sector change +10%

  1. BOME: BOME is a memecoin of Solana, created by artist Darkfarms. It was originally issued via presale, pioneering a new model for meme coin launches. BOME also set the record for the fastest token to be listed on Binance post-launch.
  • 24-Hour Increase: 36%
  • Current Price: $0.0109
  • Market Cap: $752M
  • 24-Hour Volume: $1.2B
  • Recent Updates: Null

  1. MEME: MEME is Launched by 9GAG, a Hong Kong-based entertainment media company specializing in memes and jokes. The platform has been operating since 2008 and has a strong "meme gene" with a large base of traditional internet users.
  • 24-Hour Increase: 34%
  • Current Price: $0.0148
  • Market Cap: $422M
  • 24-Hour Volume: $358M
  • Recent Updates: Recently collaborated with Timberland to launch boots.

  1. TURBO: TURBO is the first memecoin generated using ChatGPT, including its code, name, and imagery.
  • 24-Hour Increase: 33%
  • Current Price: $0.116
  • Market Cap: $805M
  • 24-Hour Volume: $316M
  • Recent Updates: Null

GameFi: Overall daily sector change + 7%

  1. KARRAT: KARRAT is a part of the My Pet Hooligan (MPH) interactive NFT game project built with Unreal Engine 5.0.
  • 24-Hour Increase: 34%
  • Current Price: $0.62
  • Market Cap: $76M
  • 24-Hour Volume: $6.8M
  • Recent Updates: Null, but the project's Twitter is very active.

  1. SIDUS: SIDUS HEROES is a AAA-grade MMORPG game set in a space metaverse where technological advancements have reached a point of biological fusion with all species.
  • 24-Hour Increase: 17%
  • Current Price: $0.0042
  • Market Cap: $47M
  • 24-Hour Volume: $1M
  • Recent Updates: Recently aligning closely with the TON ecosystem.

  1. MAVIA: Heroes of Mavia is a play-to-earn MMO strategy game that draws fantasy elements from popular mobile strategy games like Clash of Clans. Players build and grow bases on Mavia Island, train armies, and battle other players.
  • 24-Hour Increase: 16%
  • Current Price: $1.63
  • Market Cap: $51M
  • 24-Hour Volume: $13M
  • Recent Updates: Integrating in-game land NFTs soon.

DeFi: Overall daily sector change + 5.7%

  1. BOND: BOND is a cross-platform protocol for risk tokenization. Its app allows users to select from opposing pools called batches and take positions on risk factors like interest rates or asset prices.
  • 24-Hour Increase: 44%
  • Current Price: $2.15
  • Market Cap: $20M
  • 24-Hour Volume: $704K
  • Recent Updates: Null

  1. SYN: SYN is a cross-chain bridge.
  • 24-Hour Increase: 18%
  • Current Price: $0.627
  • Market Cap: $137M
  • 24-Hour Volume: $33M
  • Recent Updates: Supporting security measures for Cortex L1.

  1. WELL: Moonwell Artemis is a lending protocol for Moonbeam parachain that allows users to borrow cryptocurrencies and receive over-collateralized loans. It has recently expanded to the Base chain.
  • 24-Hour Increase: 16%
  • Current Price: $0.055
  • Market Cap: $157M
  • 24-Hour Volume: $15M
  • Recent Updates: Proposal to add USDC rewards (MIP-B33).

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. 

The information provided in this article is for general informational purposes only and does not constitute financial, investment, legal, or professional advice of any kind. While we have made every effort to ensure that the information contained herein is accurate and up-to-date, we make no guarantees as to its completeness or accuracy. The content is based on information available during writing and may be subject to change.

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