BTC support level at $65.5K

Hot projects + Market overview

I. Mainstream exchange news

• Bitget has launched the Launchpool project CROS, with a total prize pool of 11,666,700 CROS. 
• OKX Wallet has upgraded the OKX Connect protocol to support Solana and Sui networks.
• WOOX has listed the Scroll (SCR) and HarryPotterObamaSonic10Inu (BITCOIN) tokens.
• WOO has announced a promotional APR of up to 13.75% on RWA Earn Vaults to celebrate their transition from fixed-term to flexible-term, in collaboration with OpenTrade and Avalanche.
• Binance has listed the 1000CAT/USDT perpetual contracts with up to 75x leverage.
• Upbit, one of South Korea’s largest crypto exchanges, has listed the MEW (Cat in a Dog’s World) token on the KRW trading market.

II. Mainstream projects and trending events

• Suilend, a decentralized lending platform operating on the Sui blockchain, is planning to launch its SEND token by December.
• Ripple co-founder Chris Larsen said that he has donated another $10 million in XRP to help boost Kamala Harris in the US election.
• Grass, a decentralized AI project, has opened airdrop claim access for early users, with 100 million GRASS tokens allocated.
• LayerZero CEO Bryan Pellegrino disclosed a critical flaw in Across Protocol's token contract, which mistakenly exposed a function meant to be private that could zero out any account balance and allowed unauthorized token withdrawals. To address this permanent vulnerability, Across DAO has proposed capping ACX token supply at 1 billion and transferring contract ownership to prevent future changes, with a vote concluding on October 29.
• Scroll’s first airdrop will distribute 7% of its SCR token supply to key contributors, including on-chain participants, ecosystem projects, and global community members.
• Jupiter's Active Staking Rewards (ASR) for the third quarter has opened for application. 
• Layer 1 blockchain Sui has launched a hub in Dubai to support blockchain developers and entrepreneurs.
• BakerySwap, a decentralized finance (DeFi) platform, has introduced a new launchpad featuring a mysterious memecoin with price protection mechanisms.
• Ethereum memecoin Cancy has gained a like from Vitalik Buterin on X. Cancy was issued through a free minting process, which also burns gas fees in a fair manner. Of the tokens minted, 5% were sent to Vitalik's wallet, and another 5% were donated to zoos in the name of charity.
• Stablecoin issuer JPYC and South Korean IT company ITCEN are planning to conduct stablecoin research cooperation. 
• Magic Eden, the leading EVM NFT marketplace, has announced support for a new blockchain platform ApeChain as the first launchpad and marketplace.
• Legal & General (L&G), a London-based pension and investment management firm managing $1.5 trillion in assets, is planning to enter the blockchain-based tokenization sector.

III. Funding news

• Komainu, a crypto custody firm backed by Nomura Holdings, has announced its acquisition of Singapore-based competitor Propine Holdings Pte Ltd.
• B² Network has completed a new funding round led by Spartan Groups.
• Bitcoin re-pledging platform Echo has completed its pre-seed funding round participated in by ABCDE Labs.

IV. Regulatory news

• The chair of the US Commodity Futures Trading Commission, Rostin Behnam, has highlighted the issue of Congress’s inaction around cryptocurrency regulations and predictive election betting. 

V. Popular projects 

Market overviewcrypto exchanges

BTC reached $69,519 before correcting down to a low of $66,571. The key support level is at $66,500. 

If BTC holds above $66,500, it could potentially move up to around $71,000. However, if it falls below $66,500, the next critical support level is at $64,174.

LUNA: Leading GOAT copycat on Base

LUNA, an AI-driven memecoin on Base, features a virtual figure that promotes the coin via continuous livestreams, and interacts with viewer comments through its AI agent, @luna_virtuals. 

The LUNA token currently has $2.6 million in on-chain liquidity and a market cap of $66.16 million.

GNON: Religion + AI meme sensation

GNON merges AI and religious concepts, riding the recent market sensation. Promoted by AI bot @lumpenspace, GNON symbolizes natural destiny or fate. 

The GNON token has $3.3 million in on-chain liquidity and a market cap of $90 million.

Additionally, the similar small-cap memecoin CCRU has also caught market attention, holding a market cap of $2 million.

KASPER: Top Memecoin on Kaspa

KASPER, a KRC-20 token on the Kaspa blockchain, uses the GHOSTDAG protocol by Havard postdoc Yonatan Sompolinsky.

The KASPER token is fully circulated with a fair launch and a market cap of $42.47 million.

FARTCOIN: Beta Version Meme of GOTA

FARTCOIN, mentioned in Truth Terminal discussions and accumulated by "Meme Godfather" Murad's wallet, is considered a beta version of the GOAT memecoin.

It has generated significant interest, with $1.2 million in on-chain liquidity and a market cap of $33.05 million.

On-chain daily

1. Virtual: Virtual is an AI + Meme LaunchPad on the Base blockchain, allowing creators to launch memecoins, create characters and avatars, and integrate with various platforms. 

• Current On-Chain Token Holding Addresses: 38,476
• Current Price: $0.1756
• Market Cap: $68 M
• Official Twitter: https://x.com/virtuals_io

2. Luna: Luna is an AI memecoin on Base and the first AI bot created through Virtual. Luna is depicted as a virtual electronic girl, similar to a Vtuber. 

• Current On-Chain Token Holding Addresses: 1,421
• Current Price: $0.0526
• Market Cap:$52.6 M
• Official Twitter: https://x.com/luna_virtuals

3. $Slop: $Slop is an AI memecoin on Solana that sets itself apart from Goat by focusing on AI-generated images rather than text. Recently it has been launched on Moonshot.

• Current On-Chain Token Holding Addresses: 11,655
• Current Price: $0.03
• Market Cap:$30 M
• Founder’s Twitter: https://x.com/fabianstelzer/status/1848013045965992209

4. Shoggoth: Shoggoth is an AI memecoin on Solana, which views AI development as dangerous. It symbolizes thoughts that differ entirely from human thinking, representing a conflict between the community and conspiracy groups (such as Wintermute). Recently it has been launched on Moonshot.

• Current On-Chain Token Holding Addresses: 4,309
• Current Price: $0.0293
• Market Cap:$29.3 M
• Official Twitter: https://x.com/Shoggoth_SOL

5. Fartcoin: Fartcoin is a Solana-based AI memecoin, regarded as the beta version of Goat, initially designed by Truth Terminal to tell fart jokes. It has been mentioned multiple times over the past two days with price reactions. 

• Current On-Chain Token Holding Addresses: 7,677
• Current Price: $0.036
• Market Cap:$36 M
• Official Twitter: https://x.com/FartCoinOfSOL

6. CAT:  CAT is a memecoin on the BNB Chain, based on the popular animated character Simon’s Cat. It is considered one of the top three meme coins on BNB Chain, alongside Why and Cheems. CAT was listed on Binance contracts on October 21. 

• Current On-Chain Token Holding Addresses: 231,989
• Current Price: $0.000038
• Market Cap: $257 M
• Official Twitter: https://x.com/SimonsCatMeme

Bitcoin Ecosystem Overview

BTC Mainnet Gas Fee Update:

• Current BTC Transaction Fee: 4 satoshis/byte
• Gas fees showed a slight recovery today, indicating a modest rebound in overall levels.

Fractal Bitcoin Gas Fee Update:

• Current Transaction Fee: 42 satoshis/byte
• Recent gas fees remained low, reflecting sluggish price movement, but have started to show signs of a rebound over the past two days.

Inscription, Rune, and Fractal Bitcoin Leading Token Tracking:

ORDI:

• Current Price: $35.77
• 24-Hour Change: -4.9%
• Market Cap: $751.22M

DOG:

• Current Price: $0.004942
• 24-Hour Change: -10.09%
• Market Cap: $497M

FB:

• Current Price: $6.25
• 24-Hour Change: -13.18%
• Market Cap: $26.53M

Today's Popular Projects:

PizzaCow:

• Type: Fractal Bitcoin Inscription
• Market Cap: $1.79M
• 24-Hour Trading Volume: $3.91K
• 24-Hour Increase: +33.18%
• Number of Holders: 2,611

piin:

• Type: Inscription
• Market Cap: $10.39M
• 24-Hour Trading Volume: $13.73K
• 24-Hour Increase: +6.14%
• Number of Holders: 21,038

BASED•ANGELS•RUNE:

• Type: Rune
• Market Cap: $8.06M
• 24-Hour Trading Volume: $81.06K
• 24-Hour Increase: +122.79%
• Number of Holders: 1,666

Performances of today's top three tracks

NFT: Overall Daily Sector Change: +1.52%

1. Eesee: Eesee is a one-stop liquidity solution designed for sellers, accelerating the sale of digital assets, enhancing market liquidity, and increasing trading volume. It empowers artists while reducing entry barriers for utilizing unique protocols in Web3 markets.

• Daily Increase: +37.64%
• Current Price: $0.01821
• Market Cap: $4.86M
• 24-Hour Trading Volume: $1.37M
• Recent News: Null

2. APE: ApeCoin, an ERC-20 token within the APE ecosystem, serves as a governance and utility token for the Bored Ape Yacht Club (BAYC) and related communities, fostering decentralized community building in Web3.

• Daily Increase: +8.27%
• Current Price: $1.585
• Market Cap: $1.14B
• 24-Hour Trading Volume: $2B
• Recent News:

ApeCoin recently launched ApeChain on Arbitrum Orbit, an Ethereum Layer 2 network.

A large token unlock event took place on September 16.

The official mainnet cross-chain bridge on ApeChain was launched on October 20.

Animoca Ventures and ApeCoin proposed and launched a new fund on August 1.

3. SUPER: SuperVerse builds Web3 products with next-generation NFT capabilities to serve native crypto users and attract Web2 users through immersive blockchain gaming experiences.

• Daily Increase: +1.76%
• Current Price: $1.3341
• Market Cap: $603.42M
• 24-Hour Trading Volume: $30.7M
• Recent News: Null

CeFi: Overall Daily Sector Change: -0.86%

1. Amp: Amp is a new digital collateral token that offers instant, verifiable assurances for any type of value transfer.

• Daily Increase: +3.75%
• Current Price: $0.00426
• Market Cap: $343.64M
• 24-Hour Trading Volume: $115.26M
• Recent News: Null

2. Zignaly: Zignaly is a social crypto investment platform that enables users to invest by following signals, copying expert trades, or using a fully delegated mode.

• Daily Increase: +2.98%
• Current Price: $0.1
• Market Cap: $144.46M
• 24-Hour Trading Volume: $1.26M
• Recent News: Null

3. AscendEx:AscendEx is a full-stack cryptocurrency trading platform built by Wall Street investors, offering investment, trading, and profit-maximization solutions.

• Daily Increase: +2.66%
• Current Price: $0.03436
• Market Cap: $25.53M
• 24-Hour Trading Volume: $1.23M
• Recent News: Null

Payment: Overall Daily Sector Change: -1.28%

1. PIP has added Web3 functionality to traditional social platforms with billions of users.

• Daily Increase: +151.32%
• Current Price: $0.0382
• Market Cap: $8.27M
• 24-Hour Trading Volume: $1.34M
• Recent News: PIP Labs completed an $80M Series B funding round led by a16z on August 21.

2. Safe is a smart contract wallet that manages digital assets and interacts with decentralized applications on Ethereum.

• Daily Increase: +16.65%
• Current Price: $1.1326
• Market Cap: $552.07M
• 24-Hour Trading Volume: $11.86M
• Recent News: SafeDAO proposed a licensing fee model for Safe Wallet integration on August 30.

3. MATH is a one-stop crypto solution platform offering MathWallet, MATH VPOS Pool, MathDEX, MATH dApp Store, MATH Staking, MATH Pay, and MATH Chain.

• Daily Increase: +5.39%
• Current Price: $0.616
• Market Cap: $110.12M
• 24-Hour Trading Volume: $7.96M
• 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. 

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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Cryptocurrencies involve significant risk and are NOT suitable for the majority of investors. The value of digital currencies can be extremely volatile, and you should carefully consider your investment objectives, level of experience, and risk appetite before participating in any staking or investment activities.

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