New Bitcoin price prediction has stunned crypto community
Bitcoin ($BTC
) is currently showing no momentum, and its sideways movement has continued. It seems that the largest cryptocurrency on the market is stuck in this consolidation range around $60,000 to $62,000. However, many in the community are still anticipating a massive price breakout. They still believe in the "Uptober" theory for the Bitcoin price.
Among them is notable crypto trader and analyst Jelle. Taking to X (formerly Twitter), he shared an insightful analysis of the current market situation and gave a massive #BTC☀ price prediction. The analyst explained that the consolidation phase in the summer bull market phases historically ends around the last 10 days of October.
New #Bitcoin❗ all-time high?
The analyst thinks that the "chop" phase, where BTC sees frequent price dips, may also end around this time period in 2024. According to Jelle, if history repeats itself and the same pattern is followed by Bitcoin, the market may see the start of a huge price breakout for the leading coin. The analyst predicted that the Bitcoin price may hit a new all-time high (#ATH. ) in the next two to three weeks.
Per his prediction, the Bitcoin chart looks ready to ignite this potential bull run. The current all-time high of BTC is around $73,780. The coin achieved this milestone in March of this year after the launch of #bitcoin☀️ Spot ETFs in January. Now, Jelle is expecting a new ATH by the end of October or the start of November.
As of press time, Bitcoin is trading around $61,788 after a drop of 1.75% in the last 24 hours. Bitcoin has been trading around this channel, and the "chop season," a term used by Jelle, seems to be continuing. However, Jelle’s analysis states that this phase is going to be over soon, and new highs are in the cards for Bitcoin.
#moonbix

Largest $TON
meme coin DOGS has just seen its supply reduced by whopping $4.8 billion coins
Dogs ($DOGS
) and #Notcoin👀🔥 (NOT), two major cryptocurrencies of The Open Network (TON) ecosystem, just finished their first joint token burn event. So far, it looks like the community remains unimpressed by the effects of the action, as both assets are losing value.
Dogs (DOGS), Notcoin ($NOT
) completed first token burn, billions of tokens destroyed
Today, Oct. 9, 2024, at 1:00 p.m. UTC, the teams of Dogs (DOGS) and Notcoin (#NOT🔥🔥🔥 ), TON-based cryptocurrencies, initiated inaugural token burn events. In total, over $4 million in DOGS, NOT equivalent were destroyed for good.
Aaaaand it's a wrap!
4,782,643,870 $DOGS  were just burned 🔥🔥🔥
It was fun, and we were thrilled to see so many of you with us! 🐶 pic.twitter.com/WU9VkL8FRZ
— Dogs Community 🦴 (@realDogsHouse) October 9, 2024
About half an hour ago, team representatives confirmed that both events were successfully completed. Dogs' (DOGS) supply was reduced by 4,782,643,870 coins, which is close to 0.8% of its aggregated circulating offering. 
The event was live-streamed for over 100,000 viewers, which likely makes this burn one of the most tracked crypto events.
For Dogs (DOGS), a TON competitor of #SHIB، and DOGE, this event is the final phase of a hotly anticipated airdrop. Once airdrop participants claimed their takes, the community decided to share the remaining liquidity between charity initiatives, further development funding and a token burn program.
A total of 6,067,155,960 DOGS were spent on charity, and 7,021,719,223 DOGS will be used for future development initiatives, while the rest of the remaining coins were transferred to a destroy address.
TON meme coins in red despite massive event
Despite the community being positive about the token burn events for TON and DOGS, both assets failed to get rid of a multi-week dropdown.
Dogs' (DOGS) price lost 3.16% today and dipped below the $0.0007 level, while Notcoin (NOT) is down by 5.92% in the last 24 hours.
Amid this drop, Notcoin (NOT) was replaced by Wormhole (W) as the 80th largest cryptocurrency by #marketcap , while DOGS is close to losing its place in the top 150.
The total capitalization of the cryptocurrency market is down by 0.41% today.
#moonbix

Coinbase welcomes new batch of Ethereum, for possible sale
With the broader digital currency #ECOSYSTEM facing capitulation and mild volatility, Ethereum's ($ETH
) recovery might hit a snag. This is due to recent activities spotted by crypto transaction tracker Whale Alert. Per the data shared, a whale has moved 13,406 Ethereum to the United States’ largest crypto #exchange , Coinbase.
Ethereum sell-off ahead?
Established digital currencies have a higher tendency to experience large whale transactions. While users, or ETH holders, can move funds for various reasons hardly reflected on-chain, movement into an exchange generally connotes a sell-off.
The 13,406 #ETH🔥🔥🔥🔥 sent to Coinbase is worth approximately 32.6 million. Though this lone transaction cannot impact the overall Ethereum market, a sell-off can dampen sentiment and force more related sell-offs in the short term. 
Over the past few weeks, Ethereum has sustained a sell-off. While most retail sell-offs are untracked, the activities of whale entities remain visible. The Ethereum Foundation (EF) is among the likely top sellers of ETH. 
As reported earlier by @WISE MOONBIX , ETF sent 2,500 Ether to Bitstamp on Tuesday in what many considered a liquidation attempt. Over the past few months, the Ethereum Foundation has conducted a series of related sell-offs.
In justifying the sell-offs, the organization hinted at the freeing up of funds to meet operational needs.
Pressure on ETH price
At the time of writing, the price of Ethereum has flattened out by 0.14% in terms of growth surge. With a value pegged at $2,437.74, the growth surge over the past week is also flat.
However, if bearish concerns grow in the short term, bears might take over the coin. Conversely, the coin’s Relative Strength Index (#RSI ) is pegged at the neutral mark of 51. This implies that the actions of bulls and bears have been canceled out in the short term.
Moving on, investors will keep an eye on Bitcoin whale and price trends and inflows into Ethereum ETF products to gauge the level of interest and risk exposure.
#moonbix

Activity from $SHIB
whales remains relatively low
Dog-themed cryptocurrency Shiba Inu (#SHIB، ) has seen 1.99 trillion SHIB in large transaction volume, according to data from #IntoTheBlock .
However, this massive figure represents a notable 35.41% drop in large transaction volume over the last 24 hours, signaling that the activity from SHIB whales or large holders remains relatively low.
The large transaction volume metric tracks large transactions, typically those valued at $100,000 or more, and serves as a barometer for whale activity on the market. 

Large #transactions Volume, Courtesy: IntoTheBlock
According to IntoTheBlock data, Shiba Inu's large transaction volume, which provides an idea of the total amount transacted by whales, came to $34.25 million in the past day, or 1.99 trillion SHIB in crypto terms.
While nearly two trillion SHIB representing large transaction volume in a single day is certainly eye-catching, the accompanying 35% decline points to a cooling in whale activity. This decline may suggest that large holders are staying on the sidelines or opting for smaller moves, even as the market awaits the next big move.
Why are SHIB whales staying put?
Several factors could explain the decline in SHIB whale activity over the last 24 hours. Whales might be taking a wait-and-see approach after a sell-off at the start of the week. As the market faces selling ahead of today's Fed release, whales may be choosing to hold their positions until clearer trends emerge.
Memecoins rose over the past weekend as social sentiment and risk-taking among crypto traders increased. Shiba Inu also climbed three days in a row, reaching a high of $0.00001884 on Oct. 6 before facing profit-taking.
At the time of writing, Shiba Inu was down 1.75% in the last 24 hours to $0.00001718 after briefly reaching highs of $0.000018 in today's trading session. If today closes in red, #ShibaInu: would mark its third day of losses since Sunday's high of $0.0000188.
The current market uncertainty might have prompted whales to stay put, hence a decline in large transaction volume.
#moonbix

The chart presents a reversal pattern— specifically an Inverse Head and Shoulders pattern, which is a bullish reversal #signals . The price has been trending #downward , but this pattern indicates a potential shift to the upside.

Key Support and Resistance Levels

$0.0001: This is the neckline of the inverse head and shoulders #Pattern . Below it, there’s major support at $0.000008 from recent lows.
$0.000142: This is the projected breakout target based on the height of the head-to-neckline distance. It represents a potential gain of approximately 43.78% from the breakout level.

After completing the right shoulder, the price rose up and broke above the neckline, indicating bullish momentum. If the price sustains above the neckline, it will confirm the breakout, triggering a significant bullish move higher.

A volume-confirmed breakout above the neckline suggests a potential long-term bullish reversal. However, if the $LUNC
price fails to sustain above the neckline, it could signal #CryptoMarkets weakness and could fall below 0.000008, the low of the right shoulder, invalidating the current bullish thesis.
#moonbix

The cryptocurrency market is buzzing with excitement, and once again, Bitcoin is in the spotlight. After consolidation, #Bitcoin❗ appears poised for a breakout, with analysts predicting explosive gains shortly. However, as many investors keep their eyes on Bitcoin, savvy DeFi altcoin traders are making strategic moves into other promising projects, betting on the next big breakout. One standout project gaining significant attention is FXGuys, a rising DeFi and PropFi space star.
Bitcoin’s Moment: Is a Rally Imminent?
Over the past several months, #bitcoin☀️ has experienced a series of ups and downs, creating uncertainty for both long-term investors and day traders. But recent indicators suggest that Bitcoin is gearing up for an explosive rally. Analysts have highlighted that growing institutional interest and renewed retail enthusiasm could propel Bitcoin to new heights. With regulatory clarity improving in several major markets, the path forward seems clearer than ever for the leading cryptocurrency.
Yet, despite the bullish sentiment surrounding Bitcoin, seasoned traders are increasingly diversifying their portfolios with DeFi altcoins, looking for projects that offer even higher potential returns. One such project that’s currently turning heads is FXGuys.
FXGuys: The Rising DeFi Star Traders Are Betting On
As Bitcoin looks set for a potential surge, FXGuys is emerging as one of the most talked-about DeFi altcoins of 2024. Built to revolutionize DeFi and TradFi, FXGuys is a broker-backed crypto prop firm seamlessly blending the world of decentralized finance with the stability of traditional finance, creating a unique platform that traders are flocking to. The platform’s native $FXG token plays a crucial role in its ecosystem, offering users access to trading capital, staking rewards, and a governance system that lets token holders have a say in the project’s future.
FXGuys truly stands out because of its innovative Trade2Earn model, which rewards traders for every trade they make, regardless of profitability. This feature ensures continuous activity on the platform, driving demand for the $FXG token while creating a self-sustaining ecosystem. Additionally, FXGuys offers a Trader Funding Program, providing access to up to $500,000 in trading capital, allowing skilled traders to maximize market opportunities without risking their own funds.
The presale phase of $FXG is generating significant interest. Currently priced at $0.03 in Stage 1, the token has sold 68,000,000 tokens and raised over $1 million. With projections of a 100x gain once the token hits exchanges, traders are positioning themselves early to capitalize on this potential.
Will Altcoins Continue to Outperform?
As Bitcoin looks poised for a breakout, the real question is whether DeFi altcoins like FXGuys will continue outperforming in 2024. Traders betting on altcoins believe that the innovative solutions offered by DeFi projects will only increase their value in the long run. In the case of FXGuys, its unique blend of PropFi and DeFi, coupled with features like the Trader Funding Program and no-buy-or-sell tax policy, makes it an attractive option for investors looking to diversify beyond Bitcoin.
Conclusion: A Critical Moment for Traders
With Bitcoin potentially on the verge of explosive gains, now is a critical moment for #traders . Those looking to capitalize on the next big thing in DeFi are turning to projects like FXGuys, where the opportunity for 100x returns is real. Whether you’re a seasoned trader or a newcomer, now could be the perfect time to explore what FXGuys offers and position yourself for the potential gains ahead.
Don’t miss out on the chance to secure $FXG #tokens during the presale phase. With DeFi and PropFi set to dominate in 2024, this is one opportunity you don’t want to miss!
Disclaimer and Risk Warning
This is a press release post. @WISE MOONBIX does not endorse or is responsible for any content, accuracy, quality, advertising, products, or other materials on this page. The image used in this article is for informational purposes only and is provided to us by a third party. @WISE MOONBIX should not be held responsible for image copyright issues. Contact us if you have any issues or concerns. Readers should do their research before taking any actions related to the company.
#moonbix

Yet another firm has filed for an $XRP
ETF
According to ETF analyst Eric Balchunas, Canary Capital, a Nashville-based firm launched by alternative asset manager Valkyrie, has jumped into the #xrpetf race with its own filing.
The firm wants to tap into the growing demand for alternative cryptocurrencies with the newly proposed product. It also told Fox Business that it was seeing some signs of a more favorable regulatory environment.  
Earlier this month, #Bitwise , the leading crypto index fund manager, caused a stir by announcing the very first XRP ETF filing. 
It came shortly before #Ripple💰 , the company associated with the XRP cryptocurrency, was slapped with an appeal by the U.S. Securities and #exchange Commission.      
The SEC is yet to reveal what exactly it is going to appeal. However, the prolonged legal battle will most likely complicate the approval process. 
As reported by @WISE MOONBIX , Ripple CEO Brad Garlinghouse has confidently predicted that an XRP ETF will be eventually launched, adding that such a scenario is "inevitable."     
#moonbix

The CEO of Tether says that there is nothing as safe as short-term T-bills
In a recent interview with Fox Business, Tether CEO #PaoloArdoino confirmed that the USDT #stablecoin is 104% backed. 
This means that the value of the collateral held by the company is significantly higher than the total supply of the stablecoin. 
Ardoino told Fox Business that ensuring the safety of the stablecoin product remains the company's "highest priority." 
According to data provided by CoinGecko, the market cap of USDT is currently approaching the $120 billion mark. 
Back in 2021, the company was slapped with a $41 million fine by the #CFTC for making misleading statements about its reserves. 
The company publishes attestations on a quarterly basis in order to shed light on its reserves. 
Last year, American financial services firm Cantor Fitzgerald confirmed that it was responsible for overseeing Tether's Treasury bills. As noted by Ardoino, Carntor is directly connected to the Fed, meaning that it would be able to pay out via that facility under any circumstances. The company holds a staggering $97 billion worth of government bonds. 
Earlier this year, #Ripple💰 CEO Brad Garlinghouse stirred up some controversy by suggesting that the US government was going after Tether. The statement, which came shortly after Ripple announced its own stablecoin, did not sit well with Ardoino. The latter slammed the Ripple boss for spreading FUD and highlighted his company's cooperation with law enforcement agencies around the globe.
#moonbix

One of the leading cat-themed #Memecoins🤑🤑 has been added to #Kraken
Kraken, one of the leading cryptocurrency exchanges, has listed the cat in a dogs world (MEW) meme coin, according to a Thursday announcement. 
Despite the #listing , the price of MEW has plunged by more than 15% over the past 24 hours, according to CoinGecko data.
Cats vs. dogs  
The Solana-based MEW token was launched back in March 2024 in order to challenge the dominance of canine meme coins. Like the overwhelming majority of other joke cryptocurrencies, it does not have any particular use cases. 
At press time, MEW is the worst-performing meme coin among those meme coins that have a market cap of more than $500 million. 
Notably, it is not the only cat-themed meme cryptocurrency that has recorded a double-digit price drop over the past 24 hours. Popcat (POPCAT) and Mog Coin (MOG) are both down 12.1% over the aforementioned period of time. 
For comparison, Dogecoin (DOGE), the leading canine meme coin, is down less than 5%. Shiba Inu ($SHIB
), the main DOGE rival, has slipped by 5.5%. In fact, not a single major canine meme coin has logged a double-digit drop. 
For now, it seems like the canine coins definitely have gained the upper paw. 
Kraken's recent listings 
Earlier this month, Kraken also added support for EigenLayer ($EIGEN
), the native token of the eponymous restaking protocol. 
MEW and Goldfinch (GFI) appeared on the list of available cryptocurrencies last month. 
In late August, the #exchange introduced new margin pairs for SOL and $DOGE
. 
#moonbix

#Ripple💰 has been recognized as the best cross-border payment platform
San Francisco-based blockchain firm Ripple has been named as a "platinum winner" in the "Best Cross-Border Payments Platform" by Juniper Research's Fintech & Payments Awards.
Meanwhile, $XRP
, the Ripple-affiliated cryptocurrency, remains in the red, currently trading at $0.53. 
This is not the first time that Ripple has been recognized by Juniper Research. Last year, the company was also recognized for its #cbdc innovation. 
The analyst house, which specializes in such areas as fintech, IoT markets, and so on, has determined various winners in the realm of banking innovation, fintech innovation, payment innovation as well as fraud and security innovation.
SAP Fioneer, which provides cloud-based software solutions for the financial industry, and Signifcat, a digital identity service provider, have been recognized as the key innovators in the banking-as-a-service and digital identity sectors. 
TreviPay, the global B2B payments and invoicing network, has been recognized as the banking innovation of the year. 
Paymentology, a card issuing and processing platform and YouLend, the global embedded finance provider have appeared in the fintech innovation sector alongside Napier AI, an anti-money laundering platform that is powered by #artificialintelligence .
Ripple was included in the payment innovation section alongside such names as Boku, Baked, Airbase,  EmTech, Huawei, Thales, and some other names. 
Finally, Visa and Fraud.net were named among some of the top innovators in the realm of fraud and security. 
#BinanceLaunchpoolSCR #moonbix

While digital gold made substantial return, things are still too complicated
Recently there was a significant surge in the price of #Bitcoin❗  bringing it very near to $65,000. Many participants on the market were taken aback by the sudden and swift action. But just as quickly as Bitcoin's value increased, selling pressure quickly followed, which caused a sharp decline in price. 
A classic illustration of how volatile Bitcoin can be, particularly when liquidity thins out, is this price knife on the chart. The price action that took place up until $65,000 looked encouraging, but the subsequent reversal shows that BTC is having difficulty keeping up its upward momentum. There was not enough follow-through to maintain the gains despite the initial excitement surrounding the sharp move, which begs the question of whether $BTC
will be able to reach this level of growth again soon. 

#BTC/USDT Chart by TradingView
As of right now, Bitcoin is trading at roughly $62,000, with resistance at $65,000. Stronger volume and buying pressure — something that was absent during the most recent spike — are required if Bitcoin is to stage another run at $65,000. Due to the erratic price action, traders and investors should exercise caution as there is no obvious indication that #BTC☀  will rise further in the absence of strong support. 
Furthermore, neutral conditions are suggested by technical indicators like the relative strength index, which indicates that while the market is not overheated, there is also not strong momentum to drive Bitcoin higher in the near future. If the crucial support level of $60,000 is not maintained, Bitcoin may revert to earlier values.
Solana's hidden pattern
At the moment, Solana is exhibiting indications of a broadening wedge reversal pattern. A narrow beginning point that widens over time, signifying increasing market volatility and indecision, is what distinguishes this pattern. 
Broadening wedge patterns typically result in either a breakout or a breakdown, and Solana is currently at a pivotal point where its next move will determine its course. According to Solana's chart the price is currently trading just above important support levels between $140 and $145. 
If $SOL
can gain sufficient momentum, the broadening wedge pattern indicates that a reversal may be possible. As a ceiling in recent weeks, the $150-$155 resistance zone needs to be broken for the asset to confirm a bullish reversal, according to Solana. The next target, which is in line with earlier highs from September, would be at or near $160 if Solana is able to break through this level with significant volume. 
To keep up its current upward momentum, Solana needs to hold support at about $140 on the downside. A breach of this barrier might render the broadening wedge pattern invalid, which might cause a decline toward $135 or even lower. Another crucial technical level to keep an eye on is the 50-day EMA, which is located around $145. If the price stays above this moving average, it will support a potential reversal even more.
Dogecoin misses its chance
Since it was rejected at a crucial stage, Dogecoin has missed its chance for a significant turnaround. The 100-day EMA, which was serving as resistance, turned out to be an impenetrable barrier for $DOGE
. The probability of a decline has increased as a result of this denial, and the coin is currently under more selling pressure. 
Dogecoin encountered resistance at the 100-day moving average (EMA) after attempting to break above $0.12. Since then, the price has begun to decline. If this level is not broken, it indicates that bulls are no longer in control of the market and that the momentum is now with the bears. 
This rejection is important because it represented the critical turning point where #doge⚡ had the opportunity to break its prior downward trend. Now that the 100-day EMA has been rejected, Dogecoin is vulnerable to more drops. The psychological barrier at $0.10, which has served as support in previous trading sessions, is the next level of support to keep an eye on. 
The next significant support is located around $0.09, and if DOGE breaks below this level, the downtrend may quicken. If DOGE wants to have any chance of a reversal, it must recover the $0.12 level. Dogecoin's short-term downward momentum may continue unless there is an abrupt surge in buying pressure based on the current price action. The asset appears ready for more losses, and traders should keep an eye on the important support levels up ahead in light of the unsuccessful breakout attempt at the 100-day EMA.
#moonbix

The #cryptocurrencymarket continues displaying a volatile price action by displaying price movements within a short period. Moreover, with Bitcoin failing to hold its price above the $63k mark, the #memecoin🚀🚀🚀 category has also taken a dip.
Top tokens such as Doegcoin (DOGE) continue hovering close to their important support/resistance levels, indicating a mixed-price action. Will #doge⚡ price make a comeback this Uptober? Read our article to uncover the price mysteries!
$DOGE
Meme Coin To Retest Its Support Trendline?
Amid increased price volatility, the Dogecoin crypto price has dropped ~4% in the past 24 hours with a trading volume of $775.71 million. Moreover, it has corrected 9.17% over the past week. However, it has formed a rising channel pattern and has continued trading within it since September.

Successively, it has surged 11.81% during the past 30 days and has a Year-to-Date (YTD) return of +19.91%. Furthermore, with a market capitalization of $15.692 billion, it has secured the 08th position in the market.
Dogecoin Technical Sentiments
The Simple Moving Average (SMA) is on the brink of registering a bullish convergence in the 1D time frame. This suggests that the DOGE memecoin could continue gaining value this week.
However, the #MACD indicator shows a constant red histogram in the Dogecoin price chart. This highlights a mixed-price sentiment for the largest meme coin.
Will DOGE Go Up In 2024?
If the memecoins regain momentum, this could result in the Doge coin price retesting its resistance level of $0.127. Moreover, if the bullish sentiment intensifies, this could result in it heading toward its upper resistance level of $0.155 in the coming time.
On the negative side, if the bears outrun the bulls, the Dogecoin price could retest its support level of $0.101. Further, if the bears dominate the crypto space, this could result in it plunging toward its crucial support level of $0.0780.
Curious about the memecoin leader’s long-term prospects? Read our Dogecoin (DOGE) Price Prediction 2024 – 2030
#BinanceLaunchpoolSCR

With the #BTC☀ price dropping below the psychological barrier of $63,000, top altcoins have experienced an increase in selling pressure. Moreover, the #memecoin🚀🚀🚀 category has recorded the highest loss with ~$1 billion liquidated within a day.
With this, questions like “Is this a crucial time to sell meme coins?” have recorded increased volume. Dive in as, in this article, we have covered the market analysis of the top 3 memecoins for this week.
#pepe⚡ ($PEPE
)
The PEPE price has dropped ~7% in the past 24 hours with a trading volume of $1.178 billion, a change of -1.78%. Moreover, it has lost ~15% over the past seven days. This highlights an increase in the bearish sentiment for the memecoin.

The EMA 50/200-day shows a constant neutral trend in the 1D time frame. Further, the MACD indicator displays a negative action. This suggests a negative outlook for the Pepe memecoin during the upcoming time.
If the bears continue gaining momentum, the Pepe crypto price could record a breakdown and retest its lower support level of $0.00000625. However, if the bulls gain power, it could head toward its resistance level of $0.00001150.
Dogwifhat ($WIF
)
Failing to hold the bullish momentum, the Dogwifhat price has plunged below the $2.5 mark with an intra-day correction of 5.39% and a trading volume of $731.63 million. Further, it has dropped 4.07% during the first week of October.

The Relative Strength Index (RSI) fails to breach its overbought range in the 1D time frame. Moreover, with its average trendline acting as a resistance, the WIF price may continue losing value in the coming time.
Suppose, a bullish reversal occurs, the Dogwifhat price could head toward its important resistance level of $3.050. On the flip side, if the bearish sentiment intensifies, this could result in it plunging toward its lower support of $1.240.
Wondering if the WIF price will hit $5? Our Dogwifhat Price Prediction answers that and much more!
Bonk ($BONK
)
The BONK price has continued hovering close to its resistance/support level of $0.00002125 for about a short period. However, with a correction of 17.93% over the past week, this memecoin is one of the top losers of the previous week.

The #MACD indicator shows a neutral price action with its averages recording a similar trend. Moreover, with the SMA acting as a resistance to the Bonk price chart, this memecoin experiences weak buying-over-selling pressure in the market.
Maintaining the price above its support level could prepare the Bonk memecoin to head toward its resistance level of $0.0000270. However, if the bears gain power, the Bonk coin price could retest its low of $0.0000150 this month.
#BinanceLaunchpoolSCR

As the crypto market remains volatile, the #memecoin🚀🚀🚀 segment has lost the $50 billion market cap. With a 30-day peak at $53.25 billion, the #Memecoins🤑🤑 have dropped down to $48.47 billion, with $7.38 billion in volume. 
While the majority of the meme coins remain bearish, the First Neiro on Ethereum reflects a bullish trend in motion. Will $NEIRO
continue the bull run for a new all-time high in the week ahead?
NEIRO on $ETH
Price Performance
With an 18.11% jump in the past 24 hours, the first Neiro on Ethereum token has surged by almost 50% in the past seven days. The bullish rally in the meme coin comes with its listing over the biggest crypto #exchange , Binance. 

Tradingview
Currently, the meme coin is trading at $0.0017, with an intraday gain of 3.79%. This marks the third consecutive daily bullish candle, creating a triple-white-soldier pattern. The bullish candlestick pattern accounts for a 76% surge. 
In the 4-hour chart, the first Neiro on Ethereum reveals a bullish trend continuation with a bullish pennant and a falling channel breakout. Currently, the falling channel breakout rally tests the 0.0018% resistance level, teasing a potential sideways shift. 
Technical Indicators:
#MACD Indicator: The MACD indicator shows the average lines maintaining a positive alignment with a surge in bullish histograms. 
EMA: The 50 and 200 EMA in the 4-hour chart maintain a positive trend, revealing a surge in bullish momentum. 
Will NEIRO Price Hit $0.0030?
Using the trend-based Fibonacci level, the bull run hits the 100% Fibonacci level and is taking support from the 78.60% level at $0.001572. Further, the trend-based Fibonacci level paints the next potential targets at 1.618 and 2.618 levels at $0.002393 and $0.003379. 
On the flip side, the crucial supports for the meme coin are present at $0.001572 and $0.001290.
Wondering if Shiba Inu can lead the bull run in meme coins? Find out now in @WISE MOONBIX ’s $SHIB
price prediction for 2024-2030.
#WeAreAllSatoshi

Launched on 01st October, its native token “#eigen ” is a universal intersubjective “work token” designed for EigenLayer. It enables security for various digital tasks that are not just limited to objectively verifiable but also socially referable.
Unlike traditional work tokens that are tied to one specific digital task or objective faults, EIGEN addresses a broader category of faults where multiple external observers agree on whether the task was performed correctly.
$EIGEN
Crypto Price Action:
The #EigenLayer price has jumped ~4% in the past 24 hours. Moreover, with a circulating supply of 186,582,000 EIGEN tokens and a #marketcap of $666.40 million, it has secured the 98th position in the crypto space. Further, it is currently trading at a discount of ~21% from its #ATH.

Notably, it expands the range of tasks that can be securely managed on a blockchain. The primary application of the EIGEN token is staking for social faults on its platform, performing validation tasks across various AVS, and incentivizing and penalizing operators performance-based.
Eigen Layer Technical Sentiments:
The SMA acts as a support to the EIGEN price chart in the 1H time frame. This indicates a strong bullish sentiment for the altcoin in the shorter time frame.
However, the RSI indicator shows a high possibility of a bearish convergence in the Eigen Layer price chart. This suggests uncertain price action for it this week.
Is EIGEN Price A Good Buy?
If the bulls regain momentum, the Eigen crypto will head toward its resistance level of $3.950 this week. Moreover, if the bulls continue gaining power, this could result in it preparing to retest its ATH in the coming time.
On the flip side, a bearish reversal could pull the price of Eigen toward its support level of $3.345. Furthermore, if the bears gain traction, this Ethereum-based crypto token would plunge toward its lower support level of $2.70.
Interested in the future price projections of the $ETH
token? Read our Ethereum Price Prediction to decode the same!
#WeAreAllSatoshi

With the United States Presidential election only 28 days away. The Political #Memecoins🤑🤑 have experienced a massive uptrend in their valuations. Moreover, some have surged over 2X within a week, highlighting the increasing intensity of these projects in the market.
In this article, we have covered the market sentiments, price action, and possible short-term price targets of the top 3 #political memecoins as the U.S. Presidential election for 2024 nears.
MAGA (TRUMP)
The MAGA price has jumped ~27% in the past 24 hours with a trading volume of $17.54 million. Moreover, it has jumped 54.52% over the past week and 1,036.46% this year.

The Relative Strength Index (#RSI ) has breached the overbought range in the 1D time frame. Further, with the SMA acting as a support, the TRUMP coin shows a positive outlook in the coming time.
If the market continues trading under a bullish influence, the MAGA coin price could prepare to test its upper resistance level of $9 during the upcoming weeks. Conversely, a setback could pull the memecoin toward its support level of $1.50.
Super Trump Coin (STRUMP)
The STRUMP price has soared ~50% over the past day and is on the verge of retesting its August high. Moreover, it has jumped 2,701.85% since its inception. This highlights a strong bullish sentiment for it in the market.

The technical indicators #MACD and SMA record an increase in the bullish sentiment in the 1D time frame. This indicates an increase in the buying-over-seeling pressure for the memecoin in the crypto market.
If the market continues favoring the bulls, this could result in the STRUMP price retesting its upper resistance level of $0.015160 this month. On the contrary, a bearish action could pull the Super Trump Coin price toward its low of $0.003625.
MAGA (MAGA)
The MAGA crypto price has breached its important resistance of $0.0001844 by adding ~105% to its valuation over the past week. Further, this memecoin has gained massive attention from the crypto space and has soared 2,200% within 5 months.

The Moving Average Convergence Divergence (MACD) shows a constant rise in the green histogram with its averages showing a bullish trend. This suggests that the MAGA coin price will continue gaining value in the coming time.
Maintaining the price above its resistance level of $0.000184 could set the stage for this meme coin to prepare to head toward its upper resistance level of $0.000488 this month. However, if the bulls regain power, the price could retest its low of $0.00011250.
#moonbix

According to the Binance official $LUNC
support page, the crypto #exchange has changed the Burning of #TerraLunaClassic (LUNC) trading fees. The changes aim to enhance burns “to contribute to the supply decrease of LUNC.” The monthly LUNC burns are scheduled to be completed by Wednesday, October 2, 2024, at the latest.

Binance LUNC burns have always been bullish catalysts for the LUNC price. Since May 13, 2022, the crypto exchange has burnt 64.47 billion LUNC and 4.38 million $USTC
.

Meanwhile, the community has been working on more ways to eliminate the humongous supply and repeg #USTC to $1. The most recently passed proposal of burning USTC tokens from wallets linked to the Mirror Protocol that have been inactive since the May 2022 crash.

Additionally, a correlation has emerged between the FTX token ($FTT
) and LUNC price action today, as there are rumors of FTX distributing $1.6 billion to creditors today. However, this is unconfirmed and pending court approval on October 7.

Analysts think that with #FTX's starting back again, there is a chance that USTC could repeg to $1, which will automatically influence the LUNC price to surge higher.
#moonbix