Raydium Surges Past Uniswap as Leading DEX for Meme Tokens
Raydium (RAY) has become the most active DEX in October, surpassing Uniswap due to a surge in meme token trading on Solana. The platform recorded over 90 million active wallets in 30 days, far exceeding Uniswap’s 13.9 million.
Meme Tokens Boost Raydium’s Popularity Fueled by platforms like Pump.fun, Raydium now handles 60% of Solana’s DEX activity, reflecting Solana's rising appeal for meme tokens and decentralized trading.
Solana’s Expanding DEX Market Solana now captures 43–48% of daily DEX traffic, with Raydium driving growth through meme tokens like WIF and POPCAT, recently securing $3.14 million in fees and locking in $1.4 billion in value.
RAY Token on the Rise This surge has pushed RAY to a one-year high, with open interest climbing to $5.69 million. As Raydium grows, it reinforce Solana’s position as a decentralized trading hub.
Notcoin Price May Rebound as Selling Pressure Eases
Telegram’s Notcoin (NOT) has dropped 20% in 30 days, with 71% of holders in the red. However, on-chain data hints that the decline may soon stabilize.
Key Indicators Signal Potential Rebound Selling pressure on Notcoin has eased, and holding times are up 30%, which could support a price recovery. The Money Flow Index (MFI) is also rising, indicating increased buying interest. Bullish Pattern Emerging Technically, Notcoin shows a falling wedge—a potential bullish reversal. Currently priced at $0.0068, a breakout above $0.0077 could spark a 70% rally to $0.012. However, a rejection may see support around $0.0062.
With easing selling pressure and bullish signs, Notcoin holders have reason for cautious optimism.
Antonio Juliano, founder of dYdX, recently announced a 35% workforce reduction to align with the platform’s new strategic direction. Despite the layoffs, dYdX’s token remains steady above $1, even rising 8% this week. Juliano shared that the company now has the right team for its vision.
Interestingly, dYdX’s token price has stayed stable, showing investor confidence as the platform continues to hire for key roles in engineering and design.
Cardano (ADA) Eyes Key Breakout as Buying Pressure Builds
Since the start of the month, Cardano (ADA) has traded within a set range, facing resistance at $0.36 and finding support near $0.31. However, recent signs of increased buying pressure suggest that market sentiment could be shifting in ADA’s favor. As the year ends, investors are keeping a close eye on ADA’s potential breakout above this critical resistance.
Cardano Gains Momentum with 10% Price Surge Currently trading at $0.35, Cardano has experienced a notable 10% price rise over the past four days. This rally has pushed ADA above the Leading Span B (marked by a red line) in the Ichimoku Cloud, a key indicator of market momentum and support/resistance zones.
Bullish Indicators Point to Potential Breakout Breaking above the Leading Span B signals that Cardano’s price has surpassed a key support level, often seen as a bullish sign. This move suggests that buyers are gaining control and could potentially drive ADA beyond its current resistance level. With investor sentiment appearing positive, ADA could be poised for further gains if this trend holds.
Solana-based Pump.fun just smashed through $200M in revenue (1M SOL)! ⚡️💥 In only 217 days, they've doubled up with SOL’s price rally and an active ecosystem. Market cap of Pump.fun tokens? $2.31B, with GOAT at $620M! Transactions have skyrocketed to 2.82M! 🚀🔥 #PumpFun #SolanaGrowth #CryptoMilestone #solonapumping #SOL #Solanaecosystem $SOL
Chainlink (LINK) Eyes $15 as Bullish Momentum Builds
CHAINLINK (LINK) EYES $15 AS BULLISH MOMENTUM BUILDS
Chainlink (LINK) is gaining momentum, showing strong bullish signs and forming an ascending triangle pattern, hinting at a possible breakout. Analysts have set $15 as a key target, with LINK approaching $12.10 and aiming to surpass $13 on its way up.
Bullish Indicators and Investor Optimism The MACD indicator supports further gains, with the MACD line crossing above the signal line—another bullish sign. Nearly 60% of LINK holders are "In the Money," indicating solid profitability and reinforcing LINK's potential rally. If LINK breaks through $15, it could confirm a strong uptrend, highlighting Chainlink’s potential for sustained growth.
Solana-based platform Pump.fun has hit a major milestone, surpassing $200 million in revenue—over 1 million SOL—making it the fastest crypto platform to reach $100 million in just 217 days since launching in January.
What’s Fueling Pump.fun’s Growth? The growth is driven by strong SOL holdings and Solana’s price rally, despite Pump.fun selling some assets. Its ecosystem has also expanded, with the market cap of Pump.fun’s tokens reaching $2.31 billion, led by Goatseus Maximus (GOAT) at $620 million.
Transaction Spike Shows Rising Interest Transactions surged recently, with total transactions now at 2.82 million, showing Pump.fun’s increasing popularity in the crypto space. As Solana’s influence grows, Pump.fun is positioned as a rising player in DeFi.
Bitcoin’s on fire, hitting $72,200 and just steps from a new all-time high! 📈💥 Exchange reserves are at record lows, showing strong demand as ETF inflows reach $3.9B since Oct. 11! October’s been bullish for BTC, and if it breaks $73,777, it could soar to new heights! #Bitcoin❗ #CryptoRally #btcupdates2024 #CryptoInvesting #BTCBreak71K #BTCETFDemandSurge $BTC
Bitcoin is trading around $72,200 and is close to a new all-time high by the end of October. The rally has pushed Bitcoin’s market cap above $1.45 trillion, with exchange reserves hitting record lows—signaling high buying demand.
Bitcoin ETFs have also seen strong inflows, reaching $3.9 billion since October 11, adding momentum to Bitcoin’s upward trend. October is historically a strong month for BTC, and this rise coincides with growing Polymarket odds for Donald Trump, whose pro-crypto stance is boosting investor optimism.
Key levels: BTC might test resistance at $73,777 soon, while support at $66,400 could provide a cushion if needed. With political and technical factors aligning, Bitcoin seems set for a record high.
Crypto Inflows Surge Amid Rising U.S. Election Tensions
Crypto inflows hit $901 million last week, showing a steady rise amid growing U.S. election tension. Bitcoin led with $920 million in inflows, signaling investor confidence.
According to CoinShares, political shifts in the U.S. are driving this trend, with October’s inflows reaching a record $27 billion for the year, almost tripling 2021’s previous high. Analyst James Butterfill links Bitcoin's surge to recent Republican polling gains, sparking optimism for potentially favorable crypto regulations.
Investors increasingly view Bitcoin as a hedge against economic uncertainty tied to the election, positioning it as a stable asset as they track political changes closely.
Can Toncoin (TON) Rebound After 17% Monthly Decline?
Toncoin (TON), Telegram’s cryptocurrency, recently dipped below $5 after a 17% drop, but signs point to a potential recovery. On-chain data shows a 142% increase in the holding time of TON, reflecting rising holder confidence.
Additionally, major holders, or "whales," are holding onto their TON tokens rather than sending them to exchanges, reducing selling pressure. The Money Flow Index (MFI) is also up, suggesting buying momentum that could drive TON’s price to $6.15. However, if short-term holders start selling, TON might fall back to around $4.46. For now, TON’s data hints at optimism for a recovery.
After recent dips due to geopolitical events, Raydium (RAY) has rebounded impressively. Following a low of $2.90, RAY surged to $12.83—an increase of over 550%. This strong recovery highlights market resilience and bullish momentum, with technical analysis showing continued upward potential.
Analysts attribute RAY’s rally to investor confidence and strong buy-in, sparking optimism for further gains. With RAY's resilience and positive trend, it’s a token worth watching for potential new highs in the near future.
October’s got Bitcoin on a wild rally! Currently pushing $71K and trading above its key EMAs, BTC could hit its all-time high of $73,808! 💰 Key signals like the descending wedge and RSI hint at more gains, but with the Fed and SEC decisions coming, will Bitcoin’s bull run continue? 👀 #BitcoinRally #CryptoNews🚀🔥 #btcupdates2024 #OctoberRally #BTC67KRebound #BTC500K #Bitcoin❗ $BTC
Major Token Unlocks Worth $1.5B: Key Dates and Impact
A major wave of token unlocks worth over $1.5 billion is set for October 28 to November 4, potentially impacting market prices. Leading this are Celestia (TIA) with 180 million tokens valued at $923 million—81.68% of its circulating supply—and Solana (SOL), unlocking 524,030 tokens worth $92 million.
Major Linear Unlocks Solana (SOL): 524K tokens, $92M Worldcoin (WLD): 37.23M tokens, $75M
These releases, significantly larger than last week’s $407 million, could add selling pressure on token prices. Holders may want to watch for potential price moves, as larger unlocks typically have a stronger impact on liquidity and valuation.
Bitcoin’s October rally has traders excited as it pushes toward $71,000. Currently trading above its 50- and 200-day EMAs, Bitcoin could reach $69,000 if it breaks $67,500, potentially climbing further to test the all-time high of $73,808.
Bullish Indicators A descending wedge pattern on the daily chart hints at more gains, and with an RSI at 57.34, Bitcoin has room to rally before overbought levels kick in.
Key Levels and Risks If Bitcoin dips below $66,500, support at $64,000 could come into play. External factors, like the Fed’s rate policies and upcoming SEC ETF decisions, may impact Bitcoin’s path.
For now, the bullish trend continues as Bitcoin eyes another push toward historic highs.
Microsoft is considering Bitcoin as a major asset for its balance sheet! 💸 This move could make it the first trillion-dollar company to invest in Bitcoin, following in MicroStrategy’s successful footsteps. With market leaders like Anthony Pompliano hyping the potential, could this spark a crypto domino effect for giants like Apple and Alphabet? 🚀 #MicrosoftBitcoin #CryptoInvestmentTips #BitcoinNews #BTC☀ #Microsoft #MSTR #BTC $BTC
Despite a slight market recovery, meme coin PEPE dropped 6.59% in the past 24 hours, now trading at $0.000009054. Over the week, PEPE has slid 15%, though metrics hint at a potential rebound.
Signs of a Rebound PEPE’s trading volume surged by 48% to $773 million, with large transactions up 51%, suggesting increased whale activity. This might indicate that PEPE is nearing a “price floor.”
Could PEPE Bounce Back? Analysts see a price floor around $0.0000086, possibly stabilizing PEPE. With its RSI at 43, selling pressure may soon ease, opening up a chance for bulls to accumulate and potentially drive mid-term growth.
Microsoft’s Bitcoin Investment Proposal: A Game-Changer?
Microsoft is reportedly preparing to propose a Bitcoin investment to shareholders, potentially becoming the first trillion-dollar company to hold Bitcoin on its balance sheet. Crypto advocates like Anthony Pompliano see this as a strategic move, viewing Bitcoin as a better long-term store of value amid inflation and dollar instability.
Why Bitcoin? Microsoft’s proposal suggests Bitcoin could offer companies a way to diversify and preserve value better than traditional assets. This sentiment echoes MicroStrategy’s approach, which led to a 1,500% stock price surge since adopting Bitcoin as a core asset.
A Chain Reaction? If Microsoft’s move succeeds, other tech giants like Apple and Alphabet might follow suit. This aligns with political shifts toward pro-crypto policies in the U.S., signaling a potentially massive wave of corporate Bitcoin adoption.
Conclusion If approved, Microsoft’s investment could reshape the corporate crypto landscape, driving Bitcoin’s value and encouraging other companies to follow its lead.
NEIRO Price Surges Amid Whale Interest and Rising Volume
While many meme coins struggle, First Neiro (NEIRO) on Ethereum has surged 11% in the past 24 hours, sparking investor curiosity.
What’s Driving NEIRO’s Price? NEIRO’s trading volume saw a sharp rise, jumping from under $300 million to over $512 million, signaling strong investor interest. Whale investors have also been accumulating NEIRO, with holdings rising from 318 billion to 322.72 billion tokens. This increased whale activity often boosts prices by creating buying pressure.
Bullish Signals for NEIRO Currently priced at $0.0016, NEIRO shows bullish technical indicators. The Chaikin Money Flow (CMF) has moved upward, suggesting strong buying pressure. If demand continues, NEIRO could rise to $0.0020; however, if selling pressure increases, a dip to $0.0011 is possible.