Bitcoin, tracking the rise in stocks, must break $66K to trigger a bullish trend
Hot projects + Market overview
I. Mainstream exchange news
- Coinbase Pro has listed Hamster Kombat (HMSTR) perpetual contracts.
- Binance Financial Management, One-Click Coin Buying, Flash Exchange Trading Platform, Leverage, and Fixed Investment Platform have launched Hamster Kombat (HMSTR).
- Bitget Wallet has integrated the DEX aggregator Unizen into its Swap feature.
- WOO X will launch Phase 4 of its ORDER staking incentive program on September 28.
II. Mainstream projects and trending events
- In an interview with CNBC, SEC Chair Gary Gensler stated that Bitcoin is not considered a security.
- Through its subsidiary Guggenheim Treasury Services, financial services giant Guggenheim Partners has issued $20 million worth of tokenized commercial paper on the Ethereum blockchain via the Zeconomy platform.
- Eigenpie has received an EIGEN token allocation, which will be distributed to platform restakers and vlEGP holders.
- Ethena will collaborate with Securitize and BlackRock to launch the UStb stablecoin.
- Elon Musk has posted an image titled "We, Robot," possibly linked to the Robotaxi service.
III. Funding news
- The Avalanche Foundation has announced the launch of the Retro9000 incentive program, with a $40 million reward pool, incentivizing developers to build L1 blockchains and related tools on the Avalanche network.
- The DePIN network Mawari Network has completed a $10.8 million strategic financing round, led by Anfield LTD.
- Delphi Ventures has made its largest gaming investment to date, leading a $30 million funding round in Gunzilla Games.
- AminoChain, a Web3 biobank network empowering patients with data control, has completed a $5 million seed round financing, led by a16z.
IV. Regulatory news
- The US Department of Justice's lawsuit against the developer of Tornado Cash will enter the trial stage.
- South Korea's financial regulatory agency has warned that those who profit more than $4 million from crypto fraud may face life imprisonment.
- South Korean lawmakers have proposed amending the "Virtual Asset User Protection Act" to prioritize the return of user assets in case of a cryptocurrency exchange bankruptcy.
V. Popular projects
Market overview
BTC has rebounded to $65,839, continuing to follow the upward trend of US stocks. If BTC successfully breaks and holds above the $66,000 level, it may kick off a new bullish trend.
However, if it fails, the next critical support lies at $62,870. As long as this support holds, further upside movement is still possible.
WOLF is up 71% in a day
WOLF, featuring a half-human, half-wolf character from the "Boys' Club" comic by Matt Furie, has surged 71% in the last 24 hours.
The WOLF token's on-chain liquidity stands at $1.4 million, with a market cap of $29.85 million and a 24-hour trading volume of $10 million.
PUPS is up 70% in a day
PUPS, a core project in the Runes ecosystem hype, has seen its token rise by 70% in the last 24 hours after migrating part of its liquidity to Solana, gaining market attention.
PUPS had previously dropped over 80% from its high but has recently experienced a considerable rebound.
MOODENG is up 95% in a day
MOODENG, inspired by the Thai pygmy hippopotamus "Moo Deng," known for its cute, wide-mouthed expression, has surged 95% in the last 24 hours.
This character quickly gained popularity in global meme communities and was even featured in Time Magazine.
The MOODENG token's on-chain liquidity stands at $72 million, with a market cap of $206 million.
BILLION•DOLLAR•CAT is up 50% in a day
The price of BILLION•DOLLAR•CAT (BDC), a memecoin featuring a horizontally reversed BTC eye design, has surged 50% in the last 24 hours.
Users can upload their PFP on the official website to receive an NFT with "Billy glasses," making it popular in the community.
This BDC token follows the runes format and holds a market cap of $40.19 million.
PEIPEI is up 30% in a day
The price of PEIPEI, a memecoin featuring the Chinese nickname for PEPE, has seen a 30% daily increase following a strong rebound in the Chinese stock market, spurred by recent policy stimuli.
The PEIPEI token's on-chain liquidity stands at $2.8 million, with a market cap of $86.25 million.
DOG•GO•TO•THE•MOON is up 20% in a day
The price of DOG•GO•TO•THE•MOON (DOG), a memecoin related to the namesake runes on Bitcoin, has surged 20% in the last 24 hours.
Airdropped at Bitcoin block height 840,269, each runes holder received 889,806 tokens for every rune they held. With no presale or team allocation, the token was fully distributed to runes holders.
The DOG token has 89,000 holding addresses and a market cap of $385 million.
On-chain daily
1. omochi: omochi is a memecoin on the Solana chain, inspired by the popular little frog on TikTok.
- Current Price: $0.01941
- Historical High: $0.01981
- 24-Hour Increase: 30,8293%
- Market Cap: $19.2M
- Official Twitter: https://x.com/i/communities/1839144874517410222
2. ROODENG: ROODENG is a memecoin on the Solana chain, featuring Dubai's version of Moodeng, a white rhinoceros.
- Current Price: $0.0008996
- Historical High: $0.001185
- 24-Hour Increase: 1318%
- Market Cap: $899K
- Official Twitter: https://x.com/roodengsol
3. niko: niko is a memecoin on the Solana chain, featuring a little Japanese seal. It was announced as a community takeover on September 24, 2024.
- Current Price: $0.001740
- Historical High: $0.003418
- 24-Hour Increase: 258%
- Market Cap: $1.7M
- Official Twitter: https://x.com/niko_on_sol
4. HUAHUA: HUAHUA is a memecoin on the Solana chain, featuring the popular giant panda Huahua.
- Current Price: $0.002401
- Historical High: $0.005303
- 24-Hour Increase: 764%
- Market Cap: $2.3M
- Official Twitter: https://x.com/huahuaonx
5. CATE: CATE is a memecoin on Ethereum, featuring the cat Cate mentioned in ownthedoge's tweet. This cat was first photographed with Doge in 2010.
- Current Price: $0.1121
- Historical High: $0.01508
- 24-Hour Increase: 20.01%
- Market Cap: $11.2M
- Official Twitter: https://x.com/cateonethereum
6. Arang: Arang is a memecoin on the Solana chain featuring a smiling puppy.
- Current Price: $0.001991
- Historical High: $0.003141
- 24-Hour Increase: -2.99%
- Market Cap: $1.0M
- Official Twitter: https://x.com/arangsolana
Bitcoin Ecosystem Overview
BTC Mainnet Gas Fee Update:
- Current BTC Transaction Fee: 7 satoshis/byte
- Transaction fees have remained persistently low for the past 3 months, and today they have slightly rebounded, but on average, they are still below 10.
Fractal Bitcoin Gas Fee Update:
- Current Transaction Fee: 2251 satoshis/byte
- The surge in Gas fees is due to the minting capabilities of the CAT 20 and BRC 20 protocols on Fractal Bitcoin, with most activities being related to inscriptions.
Inscription, Rune, and Fractal Bitcoin Leading Token Tracking:
- ORDI:
- Current Price: $38.66
- 24-Hour Change: +9.25%
- Market Cap: $811M
- DOG:
- Current Price: $0.00382
- 24-Hour Change: +24%
- Market Cap: $383M
-FB:
- Current Price: $13.89
- 24-Hour Change: +7%
- Market Cap: $33.46M
Today's Popular Projects:
- MoonCats:
- Fractal Bitcoin Inscription
- Market Cap: $1.5M
- 24-Hour Trading Volume: $23,410
- 24-Hour Change: +12%
- Number of Holding Addresses: 13,274
- fifa:
- Inscription
- Market Cap: $1.95M
- 24-Hour Trading Volume: $48,955
- 24-Hour Change: +23%
- Number of Holding Addresses: 883
- BILLION•DOLLAR•CAT:
- Runes
- Market Cap: $42M
- 24-Hour Trading Volume: $132,527
- 24-Hour Change: +55%
Number of Holding Addresses: 8,531
Performances of today's top three tracks
Meme: Overall daily sector increase: 11.89%
- TRUMP: TRUMP is a memecoin based on Ethereum, launched by a team based in the United States on December 8, 2023. TRUMP imposes a 1% tax on buying and selling transactions and donates it to disabled veterans in the United States.
- Daily Increase: 44.92%
- Current Price: $2.884
- Current Market Cap: $131.24M
- 24-Hour Trading Volume: $9.54M
- Recent News: Affected by the shooting incident, the Trump-related memecoin TRUMP skyrocketed on July 14.
- LOBO: LOBO is a memecoin on the Bitcoin Rune protocol. When it was created at block 840,000, it immediately gained the acceptance of miners by using a high transaction fee, thus ensuring its status as one of the top ten runes (rune #9).
- Daily Increase: 42.14%
- Current Price: $0.00089
- Current Market Cap: $14.47M
- 24-Hour Trading Volume: $653.98K
- Recent News: Completed the airdrop on April 26.
- CATE: CATE is a catcoin on the Binance chain. CATECOIN is the first deflationary decentralized memecoin with its real usage platform.
- Daily Increase: 27.14%
- Current Price: $0.0000004
- Current Market Cap: $13.77M
- 24-Hour Trading Volume: $1.32M
- Recent News: Launched on PancakeSwap on September 17.
DeFi: Overall daily sector increase: 4.82%
- BOND: BOND is a cross-platform protocol for risk tokenization. Its application allows users to choose from opposing pools called batches and take positions on risk factors such as interest rates or asset prices.
- Daily Increase: 44.43%
- Current Price: $2.152
- Current Market Cap: $20.86M
- 24-Hour Trading Volume: $880.45K
- Recent News: Null
- zkLink: zkLink is a cross-chain liquidity protocol that uses zero-knowledge proof technology (zk-SNARKs) to achieve seamless interoperability of assets between different blockchains.
- Daily Increase: 29.39%
- Current Price: $0.1331
- Current Market Cap: $23.35M
- 24-Hour Trading Volume: $14.37M
- Recent News: ZKL (zkLink) was launched by HTX on September 25.
- ZERO: ZeroLend is an innovative decentralized lending protocol that mainly operates on various Layer 2 (L2) solutions.
- Daily Increase: 26.3%
- Current Price: $0.0006291
- Current Market Cap: $15.73M
- 24-Hour Trading Volume: $18.9M
- Recent News: Cooperated with Pendle and ether.fi and launched eBTC assets.
Layer2: Overall daily sector increase: 4.07%
- MNW: Morpheus.Network(MNW) is a full-service global automated supply chain platform serving the global trade industry and implemented using blockchain technology.
- Daily Increase: 20.12%
- Current Price: $0.4645
- Current Market Cap: $17.43M
- 24-Hour Trading Volume: $369.49K
- Recent News: Null
- CWEB: Coinweb(CWEB) aims to be a universal blockchain with practical uses associated with it. The industries where Coinweb (CWEB) is working and planning include e-commerce, supply chain, data protection, transportation, healthcare, and many other traditional fields to ensure that its platform provides true interoperability for traditional enterprises globally.
- Daily Increase: 0.00457
- Current Price: $14.76%
- Current Market Cap: $24.47
- 24-Hour Trading Volume: $159.5K
- Recent News: Null
- AVAIL: Avail is a Web3 infrastructure project that provides a modular execution layer to achieve scalable and interoperable blockchain applications in a trust-minimized way.
- Daily Increase: 13.11%
- Current Price: $0.1622
- Current Market Cap: $288.33M
- 24-Hour Trading Volume: $3.55M
- Recent News: Lens used Avail DA to build a scalable and resilient decentralized social network on September 18. A new version of Lens will be launched in the fourth quarter.
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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