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EigenLayer Price Forecast: Whale activity hints at growth, Crypto All-Stars also expects growth. EIGEN price forecast - will it cross $5 soon? With the whales making moves, could EIGEN be poised for new gains? Let's take a look at the numbers. EIGEN is currently trading at around $3.73, which is a 7% increase from yesterday's low. Unfortunately, EIGEN is still slightly below its listing price of $3.89. But if you go back to last Sunday, the token is actually up 27% from its all-time low, showing that there is still strong demand - even as some rushed to write it off. Additionally, trading volumes look solid, totaling $234 million in the last 24 hours. And the total value of blocked EigenLayer (TVL) funds is holding steady at $10.7 billion. All signs point to further price gains.
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A crypto expert claims that Turbo and Memebet Token are the best meme cryptocurrencies to buy right now. The hype around meme coins is not going to subside anytime soon. And new projects are constantly popping up in an effort to attract attention. Recently, a prominent crypto expert highlighted two contenders, Turbo and Memebet Token, which he considers to be the best meme coins to buy now. Meme coin market faces volatility as Bitcoin drags the sector down It's been a wild week for meme coin traders. It started strong on Monday with a rally that got everyone excited. But the enthusiasm quickly faded when Tuesday saw a sharp decline, followed by a day of steady trading that left investors in a tizzy. Today, the situation deteriorated again. Trading volumes dropped 11% to $5.2 billion, and the total value of all meme coins fell to just over $47 billion. The market is in a sea of red numbers and most coins have suffered losses. Prominent names like SHIB and PEPE were down 3%, while MEW was down 7%.
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Will this new gaming token explode like Notcoin and Hamster Kombat? Memebet presale reaches a new stage There's always a new project gaining attention in the crypto-gaming space. And right now, Memebet (MEMEBET) is in the spotlight. Combining meme culture with online betting, this token is generating a lot of buzz. With its presale heating up, investors are starting to ask the question: Could the MEMEBET token follow in the footsteps of recent hits like Notcoin and Hamster Kombat? Memebet Casino is gaining momentum, following in the footsteps of Notcoin & Hamster Kombat The cryptocurrency market has witnessed many overnight sensations in 2024. Notcoin and Hamster Kombat have both created a sensation by attracting investors and gamers. Hamster Kombat, in particular, attracted attention with its Telegram-based mini-game on the TON blockchain. It even amassed 150 million users before the game's official launch.
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Mint ham ham @non07777.eth for free ✨ https://far.quest/contracts/degen/ham-ham---non07777-eth-2
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Polymarket Bettors Betting: Will HBO reveal Satoshi Nakamoto? Following the announcement that Satoshi Nakamoto's true identity could be revealed next week in an HBO documentary, punters on Polymarket are buzzing with excitement as they speculate who it could be. On Friday, with $190,533 in bets, Len Sassaman came out on top with a 49% probability. Len Sassaman leads Polymarket betting ahead of the release of HBO's mysterious bitcoin documentary HBO's upcoming documentary, “Money Electric,” claims to reveal the mysterious creator of bitcoin, Satoshi Nakamoto. Meanwhile, Polymarket has launched a betting market on who the documentary will recognize as Satoshi. According to the rules, “This market will resolve with a ‘Yes’ if the HBO documentary ‘Money Electric: The Bitcoin Enigma,’ scheduled to air on October 8, names Len Sassaman as the mastermind behind bitcoin. Otherwise, this market will resolve with a 'No.'”
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The world's first Vote-to-Earn Flockerz meme coin has reached $400K in a popular ICO A new meme cryptocurrency called Flockerz (FLOCK) is attracting a lot of attention in the cryptocurrency market. This project, which introduces a unique Vote-to-Earn (V2E) mechanism, has already raised $400,000 in the ICO stage. Flockerz stands out with Vote-to-Earn and DAO power Flockerz is different from other meme coins. While it has the lighthearted vibe that characterizes many joke tokens, Flockerz has much bigger plans. The creators aim to transfer power to the Flockerz community through a new Vote-to-Earn system. This system is a key feature of Flocktopia, Flockerz's DAO. In this DAO, FLOCK token holders make all decisions, from marketing moves to new features. The team is also ambitious and aims to turn Flockerz into one of the largest cryptocurrency DAO projects in the world. They seem to be making significant progress in this, as Flockerz's Twitter and Telegram channels have literally exploded in recent weeks.
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Mass liquidations affect more than 100,000 traders amid crypto market slump Bitcoin's price briefly fell to an intraday low of $59,860 shortly after 9 a.m. ET on October 3, 2024. As of 1 p.m., the cryptocurrency is trading above the $60,000 mark, though it continues to struggle to maintain that key psychological level. The collapse of the crypto market is prompting traders to switch to stablecoins As of 1 p.m. ET on Thursday, bitcoin (BTC) was hovering just above the $60,000 mark, reflecting a 2.8% drop over the past 24 hours. The broader cryptocurrency market is down 3.82% in the same time frame, with a total market value of $2.09 trillion. Over the past 24 hours, liquidations have been significant, with $295.34 million worth of positions wiped out. Of that, $246.78 million was made up of long positions, with $44.92 million of long positions wiped out on BTC alone. In the past 24 hours, 104,856 traders have been liquidated, according to coinglass.com.
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Is this the best meme coin to buy? The recently launched Flockerz has had a successful launch on presale Memcoin traders are getting excited as Flockerz (FLOCK)- https://flockerz.com/?clickId=fx_b120950_4904d4a32cee31f7d7aba6cd5f3632ed_1 bursts onto the scene. This Vote-to-Earn project is quickly gaining momentum - having already raised over $330,000 in the presale. Flockerz focuses on community with a unique DAO model So what exactly is Flockerz? It's a brand new meme that's taking a different path than its competitors. The team introduced DAO, which is short for “decentralized autonomous organization.” Simply put, it means that the community runs Flockerz, rather than one person or a small group making all the decisions. However, the team has gone further in this crypto-DAO project with the Vote-to-Earn system. It's exactly what it sounds like: you vote on important decisions that help shape the project.
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Bitcoin-ETFs lose $242 million, while Ethereum funds followed with losses of $48 million Fidelity and Grayscale topped the list for outflows of funds on Tuesday After a series of positive inflows, 12 U.S. bitcoin spot ETFs faced an obstacle on Tuesday. According to sosovalue.xyz, $242.53 million exited the funds, with the Fidelity FBTC fund topping the list with a loss of $144.67 million. ARKB followed with a loss of $84.35 million, BITB recorded an exit of $32.7 million, HODL lost $15.75 million, and the Grayscale GBTC fund registered a loss of $5.9 million. The bright spot was the Blackrock IBIT fund, which was able to raise $40.84 million, which helped offset some of the overall losses. The remaining six funds were not particularly active, ending the day with no gains or losses. Despite Tuesday's setbacks, the 12 funds still have a combined net inflow of $18.62 billion and together hold $57.36 billion in bitcoin reserves, representing 4.77% of bitcoin's market capitalization.
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Tether helps U.S. Department of Justice seize $6 million in assets linked to crypto fraud Stablecoin issuer Tether said it has worked with the U.S. Department of Justice to seize $6 million worth of digital assets stolen from victims of cryptocurrency fraud schemes. Tether has assisted law enforcement in multiple jurisdictions, blocking more than two billion dollars in USDT and recovering millions for victims. According to the stablecoin issuer, it has also redistributed funds to legitimate owners and blocked numerous wallets involved in illegal activities. Fighting the illegal use of cryptocurrency Recently, Tether, a stablecoin issuer, helped the U.S. Department of Justice (DOJ) seize $6 million in digital assets linked to cryptocurrency fraud schemes in Southeast Asia. The funds were stolen from individuals who were victims of fraudulent schemes that mimicked legitimate digital asset exchanges.
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Polymarket predicts 61% chance of Bitcoin reaching a new all-time high in 2024, 17% over $100K With bitcoin trading above $65K, crypto-enthusiasts are expecting significant price movements in October. Many still believe BTC will surpass its all-time high before the end of the year. At Polymarket, a blockchain-based prediction platform, current odds show a 61% chance that bitcoin will surpass the record set seven months ago. Polymarket bettors: Bitcoin's historic high is likely, $100K less likely As October approaches, the crypto community is looking forward to what many hope will be a profitable month for bitcoin. Jokingly dubbed “Uptober,” this month has historically produced high returns, with gains of 81.82% of the time since 2013. Enthusiasts are optimistic that this trend will continue, keeping the tradition alive. As of September 29, 2024, bitcoin is worth $65,707 per BTC, just 11% below its all-time high of $73,737 set on March 14, 2024.
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Phantom Wallet joins Dydx, simplifying access for 7 million users Dydx announced its integration with Phantom Wallet, the leading Solana-based non-custodial wallet, into its decentralized finance (defi) platform. This integration aims to simplify access for Phantom's more than 7 million users, in line with Dydx's goal of increasing participation in decentralized commerce. Phantom Wallet is now on Dydx, improving user access The new integration allows Phantom Wallet users to easily connect their wallets and start trading on Dydx's decentralized exchange (dex). The move is part of Dydx's broader strategy to improve user experience by supporting several non-costodial wallets, including Metamask and Coinbase Wallet. “After integrating the Solana-based Raydium marketplaces into Dydx, integrating Solana's flagship wallet, Phantom, was a logical next step,” said Charles D'Haussy, CEO of the Dydx Foundation. “This gives Phantom's 7 million users direct access to Dydx's professional defi trading protocol.”
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Citrea launches testnet for developing Bitcoin-based decentralized applications Citrea has launched a public testnet, creating a solution that allows Ethereum Virtual Machine (EVM) developers to access the Bitcoin blockchain. The team believes this testnet is a significant step towards using Bitcoin as a settlement layer for decentralized applications (apps). Citrea launches testnet to bring decentralized finance to Bitcoin Citrea testnet has launched on Bitcoin's Testnet4, providing a platform for developers to create decentralized applications (dapps) without sacrificing Bitcoin's sovereignty. The project introduces a minimum trust approach using BitVM and the Clementine bridge that will allow bitcoin (BTC) to be securely connected for use in decentralized finance (defi). By opening up the Bitcoin blockchain to EVM-compatible applications, Citrea aims to extend the utility of Bitcoin without relying on guardianship solutions. Citrea's infrastructure focuses on strengthening security and decentralization.
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'Worst Airdrop in History': Hamster Kombat Must Reach 131M Users on the Backdrop of Token Distribution Criticism Hamster Kombat, the sensational Telegram game, is on the verge of one of the largest token distributions in history. The Hamster Kombat team announced that the airdrop will reach 131 million users. However, players have criticized the distribution of these tokens, with many saying that their efforts have not been properly rewarded. Hamster Kombat's planned Airdrop will benefit 131 million users in an upcoming token generation event Hamster Kombat has revealed additional details about the distribution and number of users chosen to participate in the upcoming airdrop on September 26. The game, which has reached 300 million users since March, shared that its token generation event will benefit 131 million players, with 60% of its total market capitalization (60 billion HMSTER) to be distributed to users after the first season.
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More analysts predict gold prices could reach $3,000 by 2025 The recent surge in gold prices to record highs has led analysts to speculate that the precious metal could reach even higher levels over the course of this year and next. Some are even predicting that prices could reach the $3,000 mark, helped by even stronger demand from central banks and upcoming rate cuts.
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This Week in Cryptocurrency: Baby Doge Coin rises, Rocket Pool falls Over the past seven days, bitcoin (BTC) is up 3.6%, while ether (ETH) is down 1.9%. During this period, several other digital assets have performed both stronger and weaker than these two giants. The meme token baby doge coin (BABYDOGE) jumped 102%, while nervos network (CKB) rose 88.99%.
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The market for cryptocurrencies linked to fiat currencies expanded by $1.39 billion over the past week, led by USDT and USDC The stablecoin market has expanded by $1.39 billion in the last week. Taking the lead again was tether (USDT), whose issuance increased by $610 million USDT over the past seven days. The stablecoin market continues to grow Although the pace has slowed down, the stablecoin market continues to grow little by little each week. On Sept. 7, the fiat-backed cryptocurrency market was valued at $170.80 billion, and by Sunday, Sept. 15, it had grown to $172.19 billion. Of the $1.39 billion increase over the past week, USDT accounted for 43.96%. Meanwhile, Circle's USDC accounted for 24.46%, or $340 million, of this week's increase.
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AI giant Openai is reportedly seeking to raise $6.5 billion at a valuation of $150 billion Openai, the company at the center of the artificial intelligence (AI) revolution, is reportedly seeking to raise $6.5 billion from investors, reaching a valuation of $150 billion. According to Bloomberg, the funds would be used to support computing power needs and other expenses, according to a memo sent to employees last month. That valuation would be higher than the $86 billion reported when the company issued a tender offer to employees to sell stakes, and higher than the $100 billion reported in August. The investment round will be led by Thrive Capital with participation from Microsoft. Apple and Nvidia, two tech giants, are also in talks to participate.
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Hamster Kombat gets listed on Binance, updates HMSTR supply ahead of airdrop. Hamster Kombat, one of the most successful Web3 games in the world, has announced that Binance will list its HMSTR token and add the project to its Launchpool structure as its 58th initiative. The Hamster Kombat team also announced that the total HMSTR offering will be 100 billion tokens instead of the previously announced 10 billion, of which 3 billion will be distributed to the steaking participants on Binance.
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