Everyone keeps saying Bitcoin's hitting $500K under Trump, but Mike Novogratz isn't buying it.$BTC $ETH $SOL
While crypto Twitter's going wild with price predictions, Galaxy Digital's CEO just gave a reality check that's got everyone talking.
His take? That whole "Bitcoin Strategic Reserve" idea everyone's banking on? Probably not happening.
And it's not just about politics - it's about those 36 trillion reasons (aka the national debt) that might make this dream a bit more complicated than anyone wants to admit.
But Novogratz isn't exactly bearish. He's just painting a different picture of how we get there.
So what's really going on behind these mixed signals? Let's make sense of it all! Here is a quick rundown of the top headlines from the past 24 hours:
Ethereum's Beam Chain promises a tech revolution, but why are we waiting until 2029? Is this another "soon™" situation? 🤔 Coinbase does a complete flip on meme coins - PEPE pumps 69% and WIF hits near ATH. What other meme coins are they eyeing? 🐸 Cardano's 52% surge hits pause as whales stop buying. Why did they suddenly lose interest when ADA was pumping? 📈 Coinbase's "Tap to Pay" aims to hit 50 countries by 2025. But how is this different from existing crypto payment solutions? 💳 Pro-crypto Senator John Thune becomes Senate Majority Leader after a close 29-24 vote. Could this finally push crypto-friendly bills through Congress? 🏛️ Let’s dive in after the market overview!
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Telegram Sees Surge In NFT Activity And Gaming Engagement
According to Cointelegraph, non-fungible tokens (NFTs) are experiencing significant growth on the Telegram messaging app platform. A report by Web3 data provider Helika revealed that NFT activity on Telegram surged by 400% in the third quarter of 2024. The “Q3 ‘24 Telegram Games Report” from Helika indicated that the number of unique wallets transferring NFTs daily on Telegram increased from under 200,000 in July to over one million in September.
Helika's data highlighted that Telegram gamers are highly active in purchasing, sending, and using NFTs within games. The company stated that gamers on Telegram are not just creating wallets but are also actively engaging with NFTs, suggesting a dynamic and vibrant level of interaction within the ecosystem. In September, three million active wallets were recorded across nine Telegram games.
In addition to the rise in NFT activity, Telegram gamers have been spending more time playing games. Helika reported that the average gaming session for a user increased from 2.8 minutes in August to 6.7 minutes at the start of October. The growth is attributed to more immersive experiences offered by the platform.
One of the most popular games on Telegram, Hamster Kombat, has also embraced NFTs. The game, which has surpassed 300 million users, announced plans to integrate NFTs on September 25. The Web3 clicker game will launch new games within its ecosystem and integrate NFTs as in-game assets. According to its roadmap for the remainder of 2024 and 2025, Hamster Kombat will integrate NFTs in its Season 2 in November. On October 17, the game released a trailer for its second season, teasing a new storyline where players can simulate becoming CEOs of their own companies.
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We’re currently calculating the tokens, and on October 18 at 18:00 UTC, we’ll open the claiming process.
The token will be listed on all the exchanges we've mentioned above on October 24 at 12:00 UTC.
Very soon, we'll share more about the future of the $X token — where you can use it and how it fits into our growing ecosystem.
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