Featured News
1. Rune stocks generally rose, DOG•GO•TO•THE•MOON rose more than 10% in 24 hours
2. Upbit will launch Injective (INJ) in KRW and USDT markets
3. deBridge governance token DBR is now open for airdrop
4. Animoca Brands plans to buy back more WATCoin from the open market
5. Top trader Eugene: Bitcoin's performance exceeded expectations, and altcoins are much more sensitive to election results than Bitcoin
Trending Topics
来源：Overheard on CT（tg：@overheardonct），Kaito
$XRP: Today’s discussion around XRP revolved around several major developments. Ripple announced the launch of its USD-pegged stablecoin RLUSD, and partnered with major exchanges such as Uphold, Bitstamp, and MoonPay, pending regulatory approval. Meanwhile, Grayscale’s application to convert its Digital Large Cap Fund (which includes XRP) into an ETF further increased market attention. Additionally, at Ripple’s Swell conference, Ripple’s strategic initiatives and multiple partnerships were highlighted, driving positive market sentiment for XRP.
$LTC: Today’s discussion about Litecoin (LTC) focuses on Canary Capital’s Litecoin ETF application with the U.S. Securities and Exchange Commission (SEC). The news sparked discussion on Twitter and sparked positive sentiment in the market. The filing follows Canary’s recent XRP ETF filing and is seen as a possible catalyst for rising institutional investor interest in Litecoin. After the news was released, LTC’s social interaction, trading volume and price performance all increased significantly, becoming one of the focuses of discussion in today’s cryptocurrency market.
Polymarket: Today's discussion about POLYMARKET has focused on the large amount of betting activity related to the upcoming US presidential election, especially the controversy over Donald Trump's odds of winning. An entity reportedly is placing large bets on Trump, sparking discussions about market manipulation and its impact on public opinion. In addition, the difference between POLYMARKET's odds and other prediction models has also sparked heated discussions, especially in terms of accuracy. At the same time, POLYMARKET's integration with Pyth Network and its role in the crypto ecosystem has also attracted much attention.
Threads & Tweets
1. Unichain: The continued axis of LP and Ethereum, and potential axis of other L2, @salveboccaccio
2. Interpretation of the crypto industry report released by a16z, @DarenMatsuoka
Featured Articles
1.(Memecoins + Utility Coins = Community Clusters)
@hmalviya9
What if we could merge the strengths of utility coins and meme coins? The idea is to create “community clusters” where one popular meme coin project forms partnerships with multiple utility coin projects, creating a system that generates passive income for community members.
2. (AUTISM 30 times a week, mentally retarded and autistic people dominate meme abstract culture | What memes are hyping today?)
BlockBeats
GOAT continues to fluctuate around 300 million US dollars, the AI coin issuance craze has temporarily subsided, and SYDNEY (Truth terminal's Girlfriend), which was launched today, reached a market value of 4 million US dollars within half an hour of its launch, and then quickly fell and collapsed. The cult and abstract cultural tokens previously promoted by Marud have ushered in a "harvest period" in the past two days.
3. (Bull market returns quickly? Can BTC break new highs in October? | Trader Observation)
BlockBeats
The macro environment does not seem to have changed significantly in the past few days. Traders have not significantly adjusted their pricing on whether the Federal Reserve will cut interest rates in November. The performance of US stocks and gold has also been relatively stable. What factors have led to the rise of BTC? With such a strong trend, is this an independent trend for BTC, or is the liquidity from the Fed's interest rate cuts gradually overflowing into the cryptocurrency market?
Biggest gainers & losers
Token volatility on October 17, sorted by trading volume
Top Gainer
1.$GOAT
2. $CHEEMS
3.$IQ
Top Loser
1.$REEF
2.$MOODENG
3.$RDNT
On-chain data
On-chain fund flows on October 17
