Date: Sat, Oct 05, 2024, 03:09 AM GMT
In the cryptocurrency market today, Ethereum co-founder Vitalik Buterin offloaded significant amounts of several memecoins he had received for free. According to blockchain monitoring service Lookonchain, Vitalik.eth sold off tokens, netting 140.67 ETH (around $340,500) just 4 hours ago.
Here’s a breakdown of the sales:
Sold 11.76 billion MOODENG ($MOODENG) for 21.03 ETH ($50,900), leaving 50 billion $MOODENG worth around $1.4 million.Sold 70.72 million First Neiro on Ethereum ($NEIRO ) for 29.9 ETH ($72,400), leaving 70 million NEIRO valued at $72,300.Sold 7.8 million DEGEN ($DEGEN) for 25.11 ETH ($60,800), leaving 7.5 million $DEGEN worth $57,300.Sold all 16 billion KABOSU ($KABOSU) for 22.94 ETH ($55,500) and all 101,000 USDT for 41.69 ETH ($101,000).

Source: Lookonchain

Bullish or Bearish?
When Vitalik sells memecoins like these, many in the crypto community sit up and take notice. Historically, this type of activity tends to spark speculation. One notable example was with Shiba Inu (SHIB), when Vitalik sold the SHIB tokens he received for free and donated $1B worth of SHIB to charity.

Surprisingly, rather than crashing, the price of SHIB skyrocketed, gaining mainstream fame.
So, could the same happen with NEIRO, MOODENG, or DEGEN? It’s hard to say. While Vitalik’s sales can create volatility, memecoin projects often use this strategy to gain attention when he sells. While it remains uncertain if the same outcome will occur for these tokens, such events often stir up optimism in the market. Many believe that Vitalik's involvement can lend bullishness to the tokens.
As always, the crypto market is unpredictable, and whether Vitalik’s sales are bullish or bearish for these tokens remains to be seen.
Get more updates at :coinsprobe.com.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.
#Memecoins #VitalikButerin #NEIRO

Date: Sat, Oct 05, 2024, 10:44 AM GMT
Hamster Kombat (HMSTR), the recently launched Telegram-based mini-app token, is finally seeing some upside momentum after a rocky start. Since its listing on September 26, HMSTR’s price has been in a freefall, largely due to a continuous sell-off by airdrop holders who were unhappy with the low listing price and token allocation issues. Even now, HMSTR is still down by 53.7% from its all-time high (ATH) of $0.011.
However, today $HMSTR has shown signs of life, surging over 10% in value, which has sparked speculation about its future.

Source: Coinmarketcap
A Notcoin-Like Rally on the Horizon?
With HMSTR gaining some ground, many users on X (formerly Twitter) have started drawing comparisons to Notcoin (NOT), another Telegram-based token that had a similar rough beginning but later soared. Like HMSTR, Notcoin also plummeted by over 60% after its launch, but then made a stunning comeback, skyrocketing by over 500%—from $0.0046 to a high of $0.029 in just 15 days.

Looking at both charts, there are similarities. In the past 24 hours, HMSTR has made a strong recovery from its low of $0.0044 to the current price of $0.0050. But the burning question remains: Can HMSTR follow in Notcoin’s footsteps?
The Reality: Will HMSTR Rally Like Notcoin?
The short answer: Probably not. While Notcoin was the first project from the Telegram ecosystem, giving it a special edge, it also had a more favorable launch with better token allocation and continuous development. Hamster Kombat, on the other hand, has been plagued by issues like fewer tokens being allocated to users and a less-than-ideal listing price.
Despite these setbacks, today’s price bounce shows that HMSTR still has some fight left in it. While a Notcoin-like rally may not be on the cards, we could still see further upward momentum as the market stabilizes and more users buy in.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.
#HamsterKombat #HMTSR

Date: Sat, Oct 05, 2024, 08:13 AM GMT
In a promising turn for the cryptocurrency market, investors are finally witnessing an “Uptober” after a rocky start to the month caused by geopolitical tensions, which had pushed Bitcoin (BTC) down to the $60K level. However, in the last 48 hours, BTC has shown strong resilience, now trading at $62K, sparking rallies across the altcoin market—especially for AI-focused tokens like Bittensor (TAO), Near Protocol (NEAR), and Artificial Superintelligence Alliance (FET).Here's a closer look at how these top AI tokens are performing and what could be next.
1. Bittensor (TAO)
Bittensor (TAO) has been a leader in the AI token space, posting an incredible 132% gain over the last 30 days. This growth has drawn attention from major players, with Grayscale even adding $TAO to its top 20 tokens list for high potential in Q4.

Despite a sharp sell-off on October 1st that saw TAO drop from a high of $614, the token bounced back, finding support around $474. Now trading at $586, TAO looks poised for further gains, with a key resistance level at $638. Should it break this level, a continued rally could be on the horizon for TAO.
2. Artificial Superintelligence Alliance (FET)
Artificial Superintelligence Alliance (FET), now the fourth-largest AI token by market cap, has surged over 30% in the past month. Like TAO, $FET experienced a sell-off after hitting a high of $1.71 but found solid support at $1.34. The token has since rebounded to $1.45, showing potential for further growth.

FET’s next key resistance is again at $1.71, meaning a possible 17% upside from its current price if bullish momentum continues.
3. Near Protocol (NEAR)
Near Protocol (NEAR) has also joined the rally, posting 25% gains over the past week. Currently trading at $4.79 with a market cap of $5.81 billion, $NEAR is attracting a lot of attention.

The recent market correction brought NEAR down to $4.49, where it tested a critical breakout level. As of now, it’s hovering around $4.71. If NEAR can hold above this support level, we might see the token push toward its next resistance at $5.02.
What To Expect Next?
Bitcoin’s recovery from the $60K level has reignited optimism across the market. After a pullback from $66K on October 1st, BTC now finds strong support at $62K. If Bitcoin maintains this level, a market-wide recovery could follow, fueling more upside for altcoins and AI tokens like TAO, FET, and NEAR.

Conclusion:
In summary, AI tokens like TAO, FET, and NEAR are showing strong signs of recovery, backed by Bitcoin's rebound and renewed market optimism. With key support levels holding and potential for further gains, these tokens could continue their upward momentum in the coming weeks. However, as always, investors should stay cautious and do their own research before making any moves.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.
#AITokens

Date: Sat, Oct 05, 2024, 06:10 AM GMT
The cryptocurrency market is experiencing a much-anticipated "Uptober" following an initial sell-off at the start of October, driven by geopolitical tensions. Bitcoin (BTC), which had dipped to $60K, has now bounced back, trading at $62K. This resurgence in BTC has sparked a rally in altcoins, including memecoins, with Solana-based tokens showing significant gains. Memecoins like Popcat (POPCAT), Dogwifhat (WIF), and Bonk (BONK) are particularly standing out and could see further gains next week
Here’s a closer look at the top 3 Solana-based memecoins to watch:
1. Dogwifhat (WIF)
Dogwifhat (WIF) has emerged as a standout memecoin on the Solana network, posting impressive gains of 51% over the past 30 days. Despite facing a pullback from a high of $2.66 on October 1st due to panic selling, $WIF quickly recovered from a key support level at $1.97. It is currently trading at $2.37, signaling strong growth potential. With the next resistance level at $2.69, WIF could see an additional 12% upside from its current price in the coming days.

2. Popcat (POPCAT)
$POPCAT is currently the market favorite. Over the past 24 hours, POPCAT has surged by more than 20%, reaching a new all-time high of $1.25. This rally follows a long-awaited breakout from the $1.04–$1.07 resistance zone, a level that the token had struggled to breach for over 10 days. Today, it finally succeeded, igniting excitement among investors.

This breakout signals the possibility of further gains for POPCAT. With momentum building, a potential rally of another 15% is expected, although some profit-taking could occur. Historically, POPCAT has been one of the top-performing memecoins of 2024, surpassing Bitcoin and many other tokens in terms of gains, reinforcing investor confidence in its future performance.
3. Bonk (BONK)
Bonk (BONK), the second-largest memecoin by market cap on Solana, surged over 29% in the past week. Like WIF, BONK experienced a sharp decline after reaching a high of $0.00002609, but it managed to bounce back from support at $0.00001959. Now trading at $0.00002147, $BONK shows promise, with its next resistance level set at $0.00002609, offering a potential 32% upside from current levels.

Final Thoughts
While these Solana-based memecoins look set for potential gains, it's essential to monitor the broader market, especially Bitcoin’s price movements. BTC is currently holding above the $60K support level, but ongoing geopolitical tensions, particularly between Iran and Israel, could impact the market at any moment.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.
#Memecoins #NFA

Date: Fri, Oct 04, 2024, 10:50 AM GMT
In the cryptocurrency market, Bittensor TAO has made waves by overtaking Filecoin (FIL) and Render (RENDER) in Grayscale's Decentralized AI Fund. TAO, which started with a modest allocation when the fund launched, has now surged to a dominant 27.6% share, a dramatic increase from its initial 2.6%.

Grayscales ai fund data
This rise reflects growing interest in decentralized AI technologies, with Bittensor standing out for its unique approach to AI model training and deployment. Unlike traditional AI platforms, Bittensor uses blockchain technology to create a decentralized marketplace where developers and users can contribute to and benefit from AI development. This innovative model aims to democratize AI, increase efficiency, and enhance security by leveraging a distributed network.
The increased weighting of $TAO in Grayscale's fund can be attributed to a recent price rally. Over the past 30 days, TAO surged from a low of $525 to a high of $617, showcasing strong momentum in the market.

Currently, TAO is trading at $519, recovering from a key support level of $470. If Bitcoin (BTC), currently priced at $61,200, manages to bounce back, TAO could revisit its previous high of $617 in the near time
Bittensor’s rise in Grayscale’s fund may indicate broader trends at the intersection of AI and blockchain technology. Investors are increasingly eyeing technologies that not only facilitate financial transactions but also have the potential to revolutionize AI development and deployment
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.
#BittensorTAO

Date: Fri, Oct 04, 2024, 08:35 AM GMT
The crypto market has had a rocky start to October, as rising geopolitical tensions between Iran and Israel have caused widespread panic selling. Many top altcoins saw a sharp drop, but two have bucked the trend—Aptos (APT) and Mantra (OM). Despite the broader bearish pressure, these tokens have shown strong positive momentum, signaling that a major rally may be on the horizon.

Source: Coinmarketcap
Here’s a closer look at what’s happening with these standout coins.
Aptos (APT)
Aptos (APT) has been a top performer in the last 24 hours, surging an impressive 11.27% and up 7% over the past seven days. This bullish momentum comes on the heels of a major announcement—Aptos Foundation has partnered with global asset management giant Franklin Templeton. The collaboration will see the Franklin OnChain US Government Money Fund (FOBXX) integrated onto the Aptos blockchain, a significant milestone for both Aptos and the world of decentralized finance (DeFi).

At the time of writing, $APT is trading at $8.99, having successfully retested its breakout level at $7.27. With strong momentum, the next key resistance levels for Aptos are $9.27, $9.74, and $10.38. Should Aptos break through the $10.38 level, we could witness a massive rally in its price.
Mantra (OM)
Mantra (OM), a major player in the Real World Assets (RWA) narrative, has held up strongly during the recent sell-off. Over the last seven days, $OM has gained 3.51%, and over the past month, it’s up an impressive 30%.
The excitement around OM is largely due to its highly anticipated Mainnet launch this month. The launch of MANTRA Chain is expected to bring even more RWA partnerships into play, driving further demand for the OM token.

Currently, OM is trading at $1.26, having recently broken past a key resistance level at $1.18. Its next target is $1.41, which would mark its all-time high—just 10% away from its current price. With momentum building and major developments on the horizon, OM is well-positioned to potentially hit a new all-time high soon.
Bitcoin (BTC)
Amid the panic selling, Bitcoin dropped to a low of $60,000, but it has since shown signs of stabilizing, currently trading around $61,500. If Bitcoin can hold this support level, we could see a recovery in the coming days.
Final Thoughts
Both Aptos and Mantra are showing strong potential despite a turbulent market, driven by major partnerships and upcoming developments. Investors should keep a close eye on these tokens as they could be on the verge of a significant rally.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.
#Aptos #Mantra #NFA

Date: Fri, Oct 04, 2024, 06:29 AM GMT
October is usually a bullish month for crypto, but this year has been an exception. The escalating geopolitical tensions between Iran and Israel have sparked fear in the markets, triggering a panic sell-off. As a result, top altcoins like Sui (SUI), Kaspa (KAS), and Sei (SEI) have taken significant hits, but are now showing signs of stabilizing at key support levels.

Source: Coinmarketcap
Sui (SUI):
Sui has been one of the best-performing altcoins recently. However, the market's selling pressure has pushed $SUI down to its key support level around $1.60. Despite this drop, SUI has shown resilience, bouncing slightly and currently trading at $1.71. If it holds this level, SUI could see a potential rebound.

Kaspa (KAS)
Kaspa has been under pressure, with a 30% drop from its recent high of $0.21 to a low of $0.14. However, KAS seems to have found support at its trendline, suggesting the worst might be over. It’s now showing signs of recovery, trading at $0.15. A continued rise could mark the beginning of a rebound for Kaspa.

Sei (SEI):
Sei has had an impressive run, still up 57% over the last 30 days. However, the market correction has brought $SEI back to retest its breakout level at $0.3911. At present, it’s hovering slightly above this, trading at $0.3942. Holding above this support could indicate a continued upward trend.

What's Ahead?
Bitcoin has been making a recovery after facing rejection at the $66K level on October 1st. This has led to a series of bull traps, pushing BTC down to $60K. Despite the downturn, BTC is showing strong support at this level and currently trading at $61200. If it holds, we could see a market-wide recovery. However, failure to maintain $60K support may lead to another round of sell-offs.

Conclusion
While the recent downturn has rattled the market, key support levels are holding for top altcoins like SUI, SEI, and KAS. If these levels remain intact, a recovery could be on the horizon. However, caution is advised, as the market remains volatile due to external geopolitical factors.
Get more updates at: coinsrprobe.com.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.
#Altcoins #SUI🔥 #SEI

Date: Fri, Oct 04, 2024, 05:21 AM GMT
The cryptocurrency market is buzzing today as FTX Token (FTT), the native token of the defunct FTX exchange, experienced a remarkable surge. Over the past 24 hours, $FTT has jumped more than 13%, while its value has soared by over 60% in the last week.

Source: Coinmarketcap
What's Driving the Rally?
The recent spike in FTT’s price is being fueled by growing anticipation around FTX’s ongoing bankruptcy proceedings. Speculation is mounting that the bankruptcy estate could soon begin distributing funds to creditors and customers. This comes after the majority of creditors voted in favor of an updated reorganization plan.
The Hearing’s Significance
The key date everyone is watching is the upcoming October 7 hearing. This hearing could mark a major turning point, potentially kickstarting the actual repayments to FTX’s creditors. If approved, the plan would allow smaller claimants (those owed less than $50,000) to receive their payments by the end of 2024. Larger creditors, however, may have to wait until 2025 to see their claims settled, as reported by Cointelegraph.

Source: X (Twitter)
For FTT holders, the hearing’s outcome could make or break the token’s current rally. If the court approves the plan, FTT could see sustained growth, following the patterns of recovery seen in other cryptocurrencies. However, if the plan faces delays or rejections, FTT’s price may tumble just as quickly.
Technical Outlook
From a technical perspective, analysts like CryptoBull_360 are keeping a close eye on FTT's chart. Currently trading at $2.37, FTT is approaching a crucial resistance level. It is forming a symmetrical triangle, a pattern that often signals a potential breakout.

Credits: CryptoBull_360
A confirmed move above $2.44 could trigger further gains, with $3 being the next major resistance level to watch.
Conclusion
As the October 7 hearing looms, all eyes are on FTT and how the court's decision will impact its price. Whether the token continues its upward momentum or faces a sharp reversal depends heavily on the outcome of the bankruptcy proceedings.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.
#FTX #FTXRecovery #FTT

Date: Thu, Oct 03, 2024, 05:46 PM GMT
October has brought an unexpected twist to the crypto market. Historically a bullish month, it’s now proving quite the opposite, as Bitcoin struggles, dropping to $60K today. The rising geopolitical tensions between Iran and Israel have rattled markets, causing widespread panic selling. Amid this chaos, top memecoins like Pepe (PEPE), Dogwifhat (WIF), and Bonk (BONK) have all suffered double-digit losses, each tumbling over 10% in the past 24 hours.

Source: Coinmarketcap
TOTAL3 chart
Let's dive into the broader crypto market starting with the TOTAL3 chart, which tracks the total crypto marketcap excluding BTC and ETH. On September 19, TOTAL3 broke out of a 5-month downtrend, reaching a high of $591B, sparking hopes for a market-wide rally. However, the recent downturn has brought it back to test the resistance trendline at $575B.

This level is now critical. If TOTAL3 manages to hold support here, a market recovery could follow. But if it breaks below, a sharper decline in the value of altcoins, including memecoins, may be inevitable.
Bitcoin’s Struggles
Bitcoin (BTC) hasn’t been immune to the sell-off either. After being rejected from the $66K level on October 1st, BTC has consistently trapped bullish traders, leading to the current price of $60,600. Right now, Bitcoin is sitting on a strong support level at $60K.

Should it hold, we might see some recovery. However, failure to maintain this level could trigger another round of panic selling, dragging down the entire market, including PEPE, WIF, and BONK.
What To Expect Next?
The charts for both TOTAL3 and Bitcoin suggest we are at a crucial tipping point. If these support zones fail to hold, we could see a major dump across the market, putting more pressure on memecoins like $PEPE , $WIF , and $BONK . Traders should keep a close eye on these levels for any signs of recovery or further downside.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.
#Memecoins #pepe⚡

Date: Thu, Oct 03, 2024, 03:05 PM GMT
Q3 2024 has been a rollercoaster for the cryptocurrency market, with periods of growth offset by volatility. Bitcoin, the dominant cryptocurrency, saw a modest price increase of 0.76%, while Solana $SOL , one of the leading Layer-1 projects, recorded a gain of 3.98%, according to Cryptorank.

Source:, Cryptorank
As the quarter came to a close, CoinMarketCap, the most visited crypto tracking platform, released its highly anticipated Q3 research report. The report highlighted significant developments in Layer-1 (L1) tokens, with Solana taking the lead in a key metric: daily active users.
Solana Tops Daily Active Addresses
Despite challenging market conditions and a sluggish summer in Q3, daily active users across major Layer-1 networks saw a notable rise towards the end of the quarter. Among them, Solana stood out for its consistent uptrend in active users, overtaking Tron in late August to become the leading L1 in terms of daily active addresses.

Source: Coinmarketcap
Meanwhile, BNB Chain also saw a significant spike in activity, particularly on August 12. This boost was driven by its Meme Innovation Battle Round 3, as well as the growing popularity of platforms like Four.meme.
Daily Transactions on Top Layer-1 Networks
When it comes to daily transactions, however, Solana faced a 9.25% drop in Q3 but still remains at the top. The decline is largely attributed to reduced trading activity in meme coins as the overall market trended downward.

Source: Coinmarketcap
On the other hand, Ton Network experienced the highest surge in transactions, with a whopping 275% increase, from 1.2 million to 3.3 million transactions. This growth is driven by the growing popularity of Ton's mini-apps, although part of it may be linked to airdrop farming activities.
Solana-Based Memecoin Dominate
Interestingly, despite market challenges, meme coins remain the top-performing sector. Out of 42 tokens that outperformed Bitcoin in Q3, meme coins led the charge. Solana-based POPCAT is the standout performer, gaining an incredible 10,670% year-to-date (YTD).
Conclusion
Solana’s dominance in daily active users and steady presence in the Layer-1 space shows its resilience despite a volatile market. With the highly anticipated Firedancer upgrade on the horizon, Solana’s ecosystem continues to evolve, positioning it as a leading network in the crypto space.
Get more updates at: coinsprobe.com.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before making any investment decisions.
#Solana

Date: Thu, Oct 03, 2024, 09:12 AM GMT
Q3 2024 brought a mix of ups and downs for the cryptocurrency market. Despite some periods of growth, overall volatility persisted. Bitcoin, the leading cryptocurrency, posted a modest gain of 0.76%. Meanwhile, altcoins showed varied performances, with $SUI surging by an impressive 116%, and $SEI recording a solid 35% gain.

Source: CryptoRank
Top 10 Blockchains by TVL Growth in Q3 2024
According to data from CryptoRank, SEI, SUI, and CORE emerged as the top three fastest-growing blockchains by TVL growth in Q3 2024. Here’s a closer look at how they performed:

Source: CryptoRank

CORE topped the list with a staggering +396% growth in TVL.Neutron followed with +168%.SEI Network secured the third spot with a +166% increase in TVL, driven by its expanding ecosystem and adoption.SUI Network also showed strong performance, with a +72% growth in TVL, fueled by new decentralized applications (dApps) and its growing community.Other notable performers included Aptos (+78.1%), Map Protocol (+72.2%), and Scroll (+67.8%).
SEI and SUI Continue to Shine in Q4
As Q4 2024 kicks off, both SEI and SUI are maintaining their upward momentum. SUI has crossed a major milestone, surpassing $1 billion in TVL and currently standing at $1.05 billion. SEI, although smaller in comparison, boasts an impressive TVL of $185.89 million, continuing to grow as more projects launch on its network.
These figures highlight the increasing interest in Layer 1 blockchains, with SEI and SUI making significant inroads in the decentralized finance (DeFi) space. Both networks are attracting attention from developers and investors alike, thanks to their innovative platforms and scalability solutions.
As we move further into Q4, all eyes are on how these blockchains will continue to evolve and whether they can sustain their impressive growth rates.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.

Date: Thu, Oct 03, 2024, 06:56 AM GMT
Despite broader market challenges, including bearish pressure from ongoing geopolitical tensions, Aptos $APT has shown resilience in the cryptocurrency market. While Bitcoin (BTC) hovers around the $61K mark, Aptos has demonstrated a notable price surge, climbing 3.60% in the past 24 hours

Source: Coinmarketcap
Aptos partnered with Franklin Templeton:
This upward momentum follows a significant announcement: Aptos Foundation has partnered with global asset management giant Franklin Templeton as reported by Cointelegraph . The collaboration brings the Franklin OnChain US Government Money Fund (FOBXX) onto the Aptos blockchain, a major milestone for both parties.

Source: X

Aptos, powered by its unique Move programming language, is a layer-1 blockchain designed to handle transactions quickly and efficiently. Now, it will support the Treasury-backed Franklin fund, allowing for the integration of real-world assets on a non-Ethereum Virtual Machine (EVM) blockchain. The fund primarily invests in U.S. government securities, cash, and repurchase agreements backed by government assets
Since its inception in October 2022, Aptos has processed over 1.7 billion transactions. According to DeFiLlama, the platform currently holds $547 million in total value locked (TVL), solidifying its growing presence in the decentralized finance (DeFi) space.
Technical Analysis:

At the time of writing, Aptos (APT) is trading at $8.24, following a retest of its breakout level at $7.27. With strong momentum, Aptos faces its next resistance level at $9.27, indicating a potential 12% upside. However, traders should remain cautious and keep an eye on Bitcoin (BTC), as its price movements could impact Aptos in the coming days.
Get more updates ta: coinsprobe.com

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.

#Aptos

Date: Thu, Oct 03, 2024, 05:15 AM GMT
In the cryptocurrency market today, Arthur Hayes, co-founder of BitMEX, has suffered significant losses from his recent investments in the popular memecoins PEPE and MOG. October, which had been widely anticipated to be a bullish month for the cryptocurrency market, has instead turned into a challenging period, partly due to ongoing geopolitical tensions. As a result, the price of Bitcoin (BTC) has dropped to the $61,000 range, impacting many cryptocurrencies, including memecoins.
According to data from SpotOnChain, Hayes experienced a $47,000 loss from $PEPE and MOG just six days after buying the tokens. On September 27, Hayes publicly expressed his support for three memecoins—PEPE, MOG, and MOTHER—on Twitter.

Source: X (Spotonchain)
Following his tweets, he spent a whopping $500,000 on PEPE and MOG. However, just hours ago, he decided to cut his losses, depositing 24.39 billion PEPE (worth $230,000) and 167.5 billion MOG ($223,000) back to Binance and Bybit, marking an end to his short-lived memecoin venture.
The prices of these memecoins have taken a nosedive in the same period, with PEPE seeing a sharp 18% drop and MOG falling over 10%. Hayes' decision to exit his positions in these tokens reflects the volatility of the memecoin market, where rapid price changes can lead to significant gains or losses within a short period.

Source: Cryptorank

While memecoins continue to attract attention from traders looking for quick profits, the recent downturn in the market serves as a reminder of the inherent risks. Even prominent figures like Hayes are not immune to the unpredictable swings of the cryptocurrency space
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.
#Memecoins

Thu, Oct 03, 2024, 05:15 AM GMT
The cryptocurrency world was abuzz yesterday as Ripple (XRP) fans celebrated Bitwise's filing for a new XRP exchange-traded product (ETP). However, the excitement was short-lived as the U.S. Securities and Exchange Commission (SEC) launched an appeal against Ripple Labs, rekindling tensions in the long-standing legal battle.

Source: X

Ripple CEO Brad Garlinghouse Criticizes SEC's Appeal
Ripple’s CEO, Brad Garlinghouse, was quick to respond to the SEC's move, criticizing the agency for undermining its own credibility. Garlinghouse pointed out that the SEC's decision to appeal a court ruling that had largely favored Ripple only hurt the commission's reputation rather than protect investors, as it claimed.
The Ripple-SEC feud began when the SEC accused Ripple of illegally selling XRP as unregistered securities. After a prolonged legal battle, Judge Analisa Torres issued a ruling that reduced the penalties the SEC was seeking, marking a partial win for Ripple. Yet, instead of accepting this verdict, the SEC chose to appeal.

Source: X
Garlinghouse didn’t hold back in his criticism, suggesting that the SEC's appeal was driven by a desire to maintain control over the growing cryptocurrency market. “If the SEC was rational, they would have moved on from this case long ago,” Garlinghouse said, adding that the agency’s continued pursuit seemed to have little to do with protecting investors.
XRP Price Drops Following SEC Appeal
The market reacted swiftly to the news, with $XRP price dropping over 10% as investors grew concerned about further uncertainty. Many in the crypto community shared Garlinghouse's frustration, seeing the SEC’s actions as unnecessary and harmful to market confidence.

Source: Coinmarketcap
Ripple’s legal battle with the SEC remains a critical issue for the broader cryptocurrency industry, as the outcome could shape future regulatory frameworks for digital assets.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.
#RippleVsSEC #XRP

Date: Wed, Oct 02, 2024, 03:30 PM GMT
Injective (INJ), the leading decentralized finance (DeFi) platform, has announced that it has surpassed $1 billion in on-chain transactions. This achievement highlights the growing influence of Injective in the crypto space, known for its fast and low-cost transactions. As a layer-1 blockchain, Injective has proven its ability to handle massive transaction volumes, positioning itself as a key player in the digital finance.

Source: Injective
Introduction of INJ 3.0:
Alongside this record-breaking news, Injective is rolling out INJ 3.0, the latest upgrade to the platform. Starting this week, the first phase of this upgrade aims to reduce the overall supply of INJ tokens significantly. This move is designed to make INJ one of the most deflationary assets in the cryptocurrency world, potentially boosting its long-term value as supply decreases.

Source: Injective

Total Value Locked (TVL) Sees Steady Growth
This year, the platform’s Total Value Locked (TVL) has also seen continuous growth, standing at $39.1 million, reflecting the increasing trust and investment in the Injective ecosystem.

Source: Dunes
As of now, Injective $INJ is trading at $21.70 with a market cap of $2.11 billion, while in the past 30 days it has surged by over 28%, showing the platform’s strong market presence.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.
#Injective

Date: Wed, Oct 02, 2024, 02:28 PM GMT
In a significant milestone for the cryptocurrency world, TRON Network reported a record-breaking revenue of $577 million for the third quarter of 2024. This marks the highest revenue the network has achieved since its inception, with a 43% increase compared to the second quarter. The announcement was made by TRON founder Justin Sun on the X platform.

Source: X
The surge in revenue is primarily credited to the launch of SunPump, a memecoin generator that has rapidly gained popularity within the TRON ecosystem. This platform allows users to easily create and launch their own memecoins, tapping into the viral trend that has captured the attention of crypto enthusiasts worldwide. On a single day in August, TRON's daily revenue peaked at $5.33 million, surpassing even industry giants like Ethereum and Solana in terms of daily revenue generation.
TRON’s success with SunPump demonstrates the platform’s ability to innovate and engage its community. Since its introduction, over 89,000 memecoins have been created, showcasing the network’s capacity to handle large volumes of transactions while keeping fees minimal.

Source: DeFiLlama
However, despite the financial success, TRON’s native cryptocurrency, $TRX , saw a slight dip in price, trading at around $0.1543. This minor drop is attributed to broader market conditions, despite the network’s record activity.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.
#Tron

Date: Wed, Oct 02, 2024, 09:26 AM GMT

In todays market where many cryptocurrencies are facing significant declines, Wormhole (W) is making waves. The $W token has surged 19% in the past 24 hours, driven by an exciting listing announcement from Upbit, South Korea's largest crypto exchange.

Source: Coinmarketcap

Upbit has announced the listing of Wormhole (W), with trading pairs available in KRW, BTC, and USDT. The listing will go live in just 25 minutes from the time of writing, and this news has sparked a flurry of activity, pushing W's price to $0.3727, a key level for the token.
More Rally Ahead?
Currently, Wormhole is retesting its breakout level of $0.3716. If the token closes a one-hour candle above $0.3814, it could confirm a breakout, with the next target being the $0.4571 resistance level—an additional 23% upside from the current price.

Source: Coinmarketcap

While things are looking optimistic for Wormhole, it's essential to consider broader market factors. Geopolitical tensions and Bitcoin’s price movements could influence Wormhole’s ongoing rally. Keeping an eye on Bitcoin (BTC) could provide clues about how Wormhole will perform in the near future.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.
#Wormhole
#NFA✅

Date: Wed, Oct 02, 2024, 08:31 AM GMT
In a significant update for the token holders, Jupiter, the decentralized exchange (DEX) built on the Solana blockchain, has just concluded a major community vote regarding 215 million unclaimed $JUP tokens. The vote, which wrapped up on October 1, 2024, has decided to extend funding for the ASR plan (Automated Staking Rewards) for another year.
The tokens in question were initially part of the "Jupuary" airdrop earlier this year. However, due to various reasons—like unclaimed tokens or compromised wallets—215 million JUP tokens were left unallocated.
On September 27, 2024, Jupiter launched a community vote to determine the fate of these tokens. The voting options included:
Fund ASR for 1 more yearBurn the tokensReturn to Community Multisig

The voting results came in with a total of 307,483,434 votes:
69% (211,096,893 votes) supported funding the ASR program for another year.27% (82,035,682 votes) voted to burn the tokens.5% (14,350,755 votes) preferred returning the tokens to the community's multisig wallet.

Source: vote.jup.ag
With "Fund ASR for 1 more year" winning the majority, the ASR program will now continue until September 30, 2025. Additionally, 15 million JUP will be returned to the community multisig for future use.
This decision plays a crucial role in Jupiter’s roadmap and how the platform plans to reward its loyal community members over the next year. Jupiter's ability to engage its community in key decisions is a reminder of the decentralized nature of blockchain governance.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.
#Jupiter🪐

Date: Wed, Oct 02, 2024, 06:03 AM GMT
The much-anticipated month of October, often dubbed "Uptober" due to its historical market optimism, started with green candles across the cryptocurrency market. However, the mood quickly shifted to red yesterday as Bitcoin (BTC) and Ethereum (ETH) faced a sharp selloff. The downturn followed escalating geopolitical tensions between Iran and Israel, sparking widespread panic selling in the crypto market.
$524M Wiped Out In Liquidation
In the past 24 hours, $BTC saw a significant drop, falling by 3.49% to nearly $60,000. Meanwhile, $ETH took an even bigger hit, plummeting by over 6%. These losses triggered massive liquidations, particularly for traders holding long positions in anticipation of a strong October based on past market performance.

Source: Coinglass
A staggering $524 million was wiped out in liquidations over the last 24 hour as per CoinGlass. Of this, $452.35 million came from long positions, while $72.20 million was liquidated from short positions. Many traders betting on a bullish start to the month were caught off guard by the sudden market dip.
What’s Next?
While geopolitical tensions are not new to the market, the cryptocurrency space has shown resilience in the past. Bitcoin often recovers after an initial dip caused by global events, and a similar rebound could be on the horizon. With Bitcoin bouncing off from the $60,000 support level to current price of $61,536, we may see a quick recovery in the days ahead but investors must prepare for the volatility ahead.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.
#Bitcoin #liquidation

Date: Wed, Oct 02, 2024, 04:59 AM GMT
As October kicked off, the crypto market started strong, with prices turning green, but geopolitical tensions between Iran and Israel sparked panic selling. This sent Bitcoin sharply down to $61K, dragging most of the market with it into the red. However, one standout in the chaos is Mantra (OM), which is defying the broader bearish trend by trading in the green.
Mantra (OM) Surges Despite Market Dip
While most major altcoins have faced significant losses, Mantra (OM), a key player in the Real World Assets (RWA) narrative, has bucked the trend. Over the last 24 hours, $OM has held its ground and risen by 2.29%, and over the past 30 days, it has climbed an impressive 45%.

Source: Coinmarketcap

All-Time High Soon?
The growing excitement around OM is largely fueled by its highly anticipated Mainnet launch this month. The launch of MANTRA Chain is expected to bring even more RWA partnerships into play, driving further demand for the OM token.

Currently, OM is trading at $1.27, after breaking past its key resistance level of $1.18. The next target for OM is $1.41, which marks its all-time high—just 10% away from its current price. With momentum building and major developments on the horizon, OM could very well reach a new all-time high soon.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.
#MantaRWA