In this bull market, established public chains are gaining momentum, and the SOL and SUI chain ecosystems are becoming increasingly prosperous!
Who will be the next public chain with explosive potential? Personally, I am quite optimistic about Injective!
Previously, Injective actively built in several popular areas such as Defi, RWA, and stablecoins, achieving good results. And now, AI has arrived:
Yesterday, Injective officially announced the launch of a software development kit (SDK) called iAgent, which supports users in creating their own on-chain AI agents! There are many highlights:
🌟 Core highlights of iAgent: 1⃣ Powerful functional support: Easily access data on the Injective chain, enabling automatic ordering, fund management, and transfer operations, as well as market predictions through machine learning for automatic trading execution.
2⃣ No programming required, accessible to everyone: iAgent interacts with large language models like ChatGPT, allowing traders to quickly build their own exclusive agent robots using just everyday English, without needing to learn complex programming languages.
3⃣ Multi-role definitions, flexible configuration: Each iAgent can be set to different roles (such as data analyst, trader, or fund manager), with completely isolated functionalities, making operations safer and more flexible.
4⃣ Financial democratization accelerator: iAgent lowers the threshold for professional trading, freeing traders' hands while becoming smarter with iterations, promoting the future of financial inclusivity.
🔗 Quick start with iAgent: Those interested in iAgent can try it out, GitHub documentation
🟧 Attention index: 🌟🌟🌟🌟🌟 AI can be said to be the biggest hot concept in this bull market, and Injective's launch of the AI toolkit injects new impetus into its ecological development. It's important to know that iAgent is not just a tool; it is a booster for redefining financial innovation. For traders, developers, and institutions, the arrival of iAgent means more possibilities.
DePIN leader IoTeX on-chain DEX mimo, izumi open mining pools!!! Old public chain on-chain environment is safe, stable income, no pledge, no rug Orbiter small flying saucer selects IoTeX chain to easily cross-chain USDC operation is simple and even beginners can enter Hold 100 USDT to mine mimo mining pool with an annual yield of up to 700% and a daily yield of 2% Izumi mining pool with an annual yield of up to 900% and a daily yield of 2.5% mimo mining pool: https://mimo.exchange/farm Izumi mining pool: https://izumi.finance/farm/iZi/dynamic Small flying saucer cross-chain: https://www.orbiter.finance/?source=Arbitrum&dest=IoTeX&token=USDC #Depin赛道 #iotex
Large airdrop event in the Depin sector! Rewarding 10 million USD! Over 20+ Depin projects!
IoTeX is collaborating with OKX and Gate Wallet for the DePIN super ecological season, with attractive rewards available!
🟧 Event Introduction: This DePIN super ecological season has over 20 DePIN projects participating, with 10 DeFi protocols deployed on IoTeX Layer 1 making a collective appearance. Users can engage in dual mining or even 'triple mining' during the event, earning rewards from IoTeX, DeFi protocols, and DePIN protocols (many of which are about to have TGE, such as Network 3, Nubila, etc.), accumulating BinoBits (abbreviated as BB) points for profits.
$INJ breaks through 25 USD, rising by more than 56%+ in one week!
On the third anniversary of the Injective mainnet, INJ's performance is very impressive. Judging from the prosperous ecological performance, INJ is becoming a super public chain giant! In the past year, Injective has carried out comprehensive development in many fields including new chain upgrades, token destruction mechanism, MEME, INJ ETP, RWA, etc.! Just looking at the project dynamics in the past two weeks, we can see that the Injective team has been working on: 1⃣CEO Eric Chen attended the New York University blockchain seminar The seminar on "Challenges and Opportunities of Institutional Participation in Blockchain" held at New York University discussed the future of blockchain with leaders from BlackRock, JP Morgan and Franklin Templeton. This frequent high-level interaction also means that Injective's influence in the institutional capital market is constantly rising.
How Will the U.S. Elections Affect the Crypto Market? Let's See What Foreign Experts Say
Economist and renowned trader Alex Krüger shared bold predictions for the Bitcoin (BTC) market on the eve of the U.S. elections. He stated that if Trump wins, the price of Bitcoin could "skyrocket," while if Kamala Harris wins, BTC will gradually rise after a brief pullback.
Krüger presented his election night BTC trading strategy to his 185,000 followers on X platform:
Trump wins: The price of Bitcoin is expected to reach $90,000 by the end of the year, with a probability of 55%. Harris wins: The price of Bitcoin could reach $65,000 by the end of the year, with a probability of 45%. Weighted average: $79,000. Krüger stated that the market usually reacts quickly to such binary events, regardless of which side wins, volatility will be significant. "If Trump wins, BTC will immediately skyrocket; if Harris wins, it may pull back first and then rise." He emphasized that timing is crucial, and investors need to act promptly, whether using leverage or investing.
Additionally, Krüger specifically pointed out that if Trump wins, he will bet most of his capital on Bitcoin and Nvidia, and increase his holdings in Ethereum's biggest competitor, Solana (SOL). He stated, "Many may disagree, but that's the charm of the market." Currently, SOL's trading price is $165.
The market is once again in turmoil; this election is not only a political game in the U.S. but may also be a "grand play" for the crypto market such as Bitcoin.
What do you brothers think about the trends after the election? Feel free to follow and continue sharing more quality content.♥ $BTC
The Gas War is about to begin, will the Rune Golden Dog hit?
Rune Founder Casey has released the Rune New Project MEMENTO•MORI, which is expected to reach the block height for minting around 11 o'clock today. The gas will soar!
🟧MEMENTO•MORI Details: Single Card: 1000 pieces Total Supply: 100 million pieces (100,000 cards) Reserved: 50 million pieces (50,000 cards) Public Minting: 50 million pieces (50,000 cards) Minting Time: Block Height #868186
Currently, airdrops have been given to users subscribed to the Patreon website, and trading has already begun. The current market value is around 13.7 million USD, with very high popularity. Based on the corresponding minting cost, it is about 1200 sats.
It is recommended that those who want to MINT can decide whether to hit based on the current market value combined with the gas after it opens. If you want to mint in bulk, remember to split UTXO in advance.
Seed round financing of $10 million! Why is pumpBTC favored by so many star investment institutions?
From DeFi to CeDeFi, this may be the simplest and most efficient way to invest in Bitcoin with compound interest. This article will help you understand the charm of @Pumpbtcxyz. 🟧Strong financing background pumpBTC today officially announced the completion of a $10 million funding round, led by SevenX Ventures and Mirana Ventures, with participation from Mantle Ecosystem Fund, Seven Seas Capital, Istari Venture, Arcane Group, Coinsummer, Sharding Capital, 10k Ventures, and numerous angel investors. Among them are several heavyweight presences, first led by SevenX Ventures, a TVL provider for RENZO; Mirana Ventures is also notable as a TVL provider for the popular DeFi project ETHENA.
INJ——Perhaps one of the best long-term investment targets🔥
How great is the investment potential of INJ? Let’s look at a few "fun facts" that might make you reassess its uniqueness:
1⃣ 100% Unlocked INJ has been fully unlocked, with no lock-up pressure, which means every token in the market is genuinely circulating. This liquidity makes INJ more stable and less susceptible to sudden sell-offs or positive news. It is one of the few fully circulating tokens among L1 public chains.
2⃣ Weekly Token Burn INJ's unique mechanism uses a portion of the protocol's revenue directly to burn tokens. This "deflationary" mechanism means that over time, the total supply of INJ will gradually decrease, enhancing the token's scarcity and providing long-term support for its price.
3⃣ Staking Rate Up to 61% As one of the L1 projects with the highest staking rate in the crypto industry, INJ demonstrates stable community support and confidence from long-term holders. A high staking rate not only enhances network security but also means fewer tokens are circulating in the market, further increasing scarcity.
With INJ's advancements in decentralized finance and cross-chain protocols, it can be said that it is not just an ordinary L1 public chain project, but also an important infrastructure for future finance. Additionally, it is a leader in the hot RWA track. Whether for long-term holding or staking with a focus on returns, INJ has very high potential.
If you are optimistic about public chains, RWA, and the DEFI sector in the long term, INJ is a good choice. #比特币布林带收窄至低水平 #年底牛还熊? #inj $INJ
Focus on the key issues next week, be sure to plan ahead!
October 28th: Grass first round of airdrop begins The Grass Foundation will launch its first round of airdrops at 21:30 on October 28, claiming that this is the most widely distributed airdrop event in history, with the goal of promoting the construction of a user-owned Internet map.
Wayfinder starts alpha testing Wayfinder, an AI interaction protocol launched by blockchain game Parallel, announced that it will launch Alpha testing on October 28 and is now open for registration.
dYdX v3 Retirement dYdX will stop trading and oracle price updates at 20:05 on October 28. Users must close their positions and withdraw USDC in advance. v4 API will not be affected.
【Is the Black Swan Coming? The US Department of Justice's Investigation into Tether, Will the Crypto Market Crash?】
According to The Wall Street Journal, the US Department of Justice (DOJ) has launched an investigation into Tether, the issuer of the stablecoin USDT, concerning potential violations of anti-money laundering and sanctions laws. It is reported that the focus of the investigation is whether third parties have used USDT to finance illegal activities such as drug trafficking and terrorism or engage in money laundering. If confirmed, this could lead to sanctions against Tether, subsequently preventing US users from using USDT.
Tether responded quickly, criticizing the report as "baseless" and stating that it collaborates closely with law enforcement to combat illegal use. Nevertheless, FUD (fear, uncertainty, doubt) continues to spread in the market, leading to a brief decoupling of USDT from the dollar, which triggered turbulence in the overall crypto market, resulting in sell-offs and price fluctuations of mainstream cryptocurrencies like Bitcoin.
Different interpretations of this event exist in the market. Nick Carter, a partner at Castle Island Ventures, believes that the release of this news may be politically motivated. He stated that Tether CEO Howard Lutnick's political connections might make the company a target for certain governmental forces, and the report by The Wall Street Journal seems to aim at suppressing Tether and the crypto industry.
For the crypto industry, if Tether is sanctioned due to compliance issues, its impact will ripple through the entire market. As the largest stablecoin by market capitalization, USDT has a broad application base and is a primary trading pair for many exchanges and users. Therefore, if market confidence in it is damaged, it could trigger a wider risk of asset decoupling and capital flow issues, even shaking investors' sense of security, further leading to market fluctuations and sell-off sentiments.
Regardless of the true motives behind this investigation, Tether's compliance issues raise alarms for industry regulation once again. As a crucial cornerstone of the crypto industry, whether USDT and others can achieve greater transparency and compliance has become a core issue concerning the stability of the entire market. For investors, it is essential to be cautious and stay attentive during periods of market sentiment fluctuations, adjusting strategies at any time to cope with potential uncertainties in the future.
Personally, I feel that the Americans are short on cash, and USDT is a cash cow. What do you guys think? Click to follow and share at #Tether否认调查和制裁 .
Trump and Bitcoin: What His Victory Means for Bitcoin Investors?
As the U.S. election approaches, the market begins to bet on Trump's victory, particularly having a significant impact on the Bitcoin market.
Bitcoin Soars with the 'Trump Trade' Bitcoin prices surged to a three-month high before the election, closely linked to market expectations of Donald Trump's potential victory. On October 21, Bitcoin prices reached $68,496.98, up more than 6% in the past week and over 8% in the past month. This trend shows a strong momentum for the 'Trump trade,' as the market sees his victory as good news.
Trump's Lead and Its Relation to the Cryptocurrency Market According to Polymarket data, Trump's approval rating is 61.1%, leading Kamala Harris's 38.8%. This lead, combined with his relatively lenient policies on cryptocurrency regulation, is considered a driving force behind Bitcoin's rise. Trump's policies, such as tariffs, taxes, and immigration, are seen as inflationary measures that could further boost the dollar while uplifting the cryptocurrency market.
Expert Opinions Chris Weston, head of research at Australian brokerage Pepperstone, pointed out that as the U.S. election day approaches, investors are examining whether to start positioning for election trades. He mentioned that election risks could affect the market, especially regarding portfolio management costs related to dollar fluctuations.
Brad Bechtel, global head of forex at Jefferies, believes that rising real interest rates provide support for the dollar, particularly against the other three major currencies. He expects that if Trump wins, this trend may continue post-election.
What Trump's Victory Means for Bitcoin? Alex Thorn, head of research at Galaxy Digital, released a policy assessment comparing the two presidential candidates' positions on cryptocurrency issues. The results showed that Trump outperformed Harris on seven out of nine core indicators. This indicates that if Trump wins, the cryptocurrency market may see greater upside potential, while Harris's victory would pose relatively smaller downside risks.
As the election approaches, Trump's victory could bring significant benefits to the Bitcoin market. #BTC要挑战7W大关了吗? $APE
🔥Pump.fun has been upgraded. Will SOL chain MEME set off a new craze?
Pump.fun recently released the Pump Advanced trading terminal and announced that it will soon launch its exclusive token, aiming to enhance the crypto trading experience. Although the platform features seem attractive, its actual value still needs to be evaluated calmly.
What is Pump Advanced?
Pump Advanced is a terminal designed for traders that provides real-time market data, advanced charting tools, and automatic trading functions, suitable for both novice and experienced users. Although these features can improve trading efficiency, whether they have unique advantages over competitors remains to be verified.
Main features Real-time market data and advanced charting tools help users analyze market trends, but this is also a common feature on other platforms.
The automatic trading function provides convenience for users to set trading strategies, but the applicability varies from person to person.
Security and user interface emphasize ease of use and protection of user assets, and the actual effect needs to be further confirmed through user feedback.
Upcoming tokens Pump.fun plans to launch tokens to provide incentives such as discounted fees and community governance. However, whether the token can bring long-term value to users depends on its market demand and project execution.
Objective evaluation Pump Advanced provides some attractive tools, but its real advantages and user experience still need to be verified by the market. The upcoming token may attract some users, but its long-term value needs to be carefully considered. For traders who are interested in exploring new tools, Pump Advanced is worth paying attention to, but it is better to have rational expectations. $APE
Solana is ready to take off: Analysts predict price could reach $200!
Solana (SOL) has shown strong growth momentum as the crypto market regains strength. Currently trading at around $154.52, the market expects it to test the key resistance level of $180. The impetus for this rise comes from Bitcoin's dominance and an unexpected increase in memecoin activity, making Solana a key contender for the next round of growth in the crypto market. Solana’s Strong Rally: Solid Foundations Solana’s price has risen by 15% over the past month, attracting more and more retail and institutional investors. After a slight decline, SOL rose again by 5% last Friday, and market sentiment was high. One of the sources of this wave of optimism is the Firedancer validator developed by Jump Crypto, which aims to significantly improve Solana’s blockchain scalability.
From Upbit to Grayscale, why does Injective attract the attention of global investors?
We all know the importance of Defi in the crypto industry. Almost everyone will come into contact with or purchase Defi products. In this bull market, RWA began to rise, moving traditional financial assets to the blockchain through tokenization, and continuously bringing in fresh blood.
Defi is like the engine of the crypto industry, and RWA is like fuel, injecting key power into the development of WEB3. The best answer to the combination of the two is injectable.
By following the#Injectivebuzz of recent weeks, you can see why Injective is so popular:
◾INJ 3.0 Launch: Towards the Most Deflationary Crypto Asset
🔥BlackRock and Injective join forces to take crypto adoption beyond the internet revolution!
Last week, BlackRock took the stage at#DAC2024to discuss the global adoption trends of crypto assets in depth. Here are some key takeaways 👇
1⃣ Crypto adoption has surpassed the internet and mobile revolution Tokenization has become a core driver of blockchain network development. Injective has integrated yield assets such as $USDY and $USDM, which are stablecoins backed by US bonds, showing the important role of tokenization in driving the crypto space.
Injective has also launched groundbreaking innovations such as the tokenized $BUIDL index perpetual futures market, which lowers the barrier to entry for the BlackRock $BUIDL fund. These efforts demonstrate the strong momentum of crypto asset adoption and promote the integration of TradFi and blockchain technology.
2⃣ ETPs change the landscape of traditional finance Despite the fact that crypto assets have attracted hundreds of millions of investors, many financial professionals still isolate them from their core investment strategies, partly due to regulatory uncertainty. However, ETP products are breaking down this barrier. Products represented by $BTC and $ETH ETFs are rapidly emerging in the United States and the European Union, driving the popularity of digital assets.
Injective further promoted this trend by launching AINJ (Injective's Staking ETP), providing staking rewards and $INJ exposure to institutional investors.
3⃣ The maturity of digital asset infrastructure is key to the future BlackRock's investment director pointed out that the maturity of digital asset infrastructure is crucial to promoting the adoption of crypto assets. Injective has been focusing on this area, and its tokenized RWA module enables traditional assets such as commodities, foreign exchange and bonds to be seamlessly transferred to the blockchain while ensuring compliance.
Injective is currently one of the leading L1 networks, offering a wide range of tokenized products from euros and yen to treasury bills, further advancing the integration of TradFi with blockchain.
🌐🏛 This revolution has already happened, BlackRock and Injective are leading the trend, and global finance is accelerating towards the future of digital assets.
Crypto asset adoption is expanding at an unprecedented rate as tokenization, infrastructure, and regulation advance, and Injective is at the forefront of this shift.
Brothers, keep paying attention and keep an eye on INJ! #INJ $INJ
🔥Arbitrum unlocks $51 million worth of tokens this week, and market volatility is imminent!
One of the focuses of this week is token unlocking. Arbitrum (ARB) will release $51 million worth of tokens, leading the unlocking trend in the crypto market. According to TokenUnlocks, the cryptocurrency market will unlock tokens worth more than $498 million between October 14 and October 21.
Arbitrum leads the unlocking trend Arbitrum is expected to release 96 million ARB tokens, worth approximately $51 million, accounting for 2.65% of its circulating supply. This large-scale unlocking is likely to have a significant impact on the ARB market price, and investors should pay close attention to the market reaction.
Other important unlockings The second place is Axie Infinity (AXS), which unlocked 9.25 million tokens worth $43.4 million. Other projects such as EIGEN and STRK will also release tokens worth $40 million and $27.38 million, respectively. It is worth noting that the number of tokens unlocked varies as a percentage of the circulating supply of each project, with PIXEL unlocking the highest percentage at 7.05%.
Solana is closely followed by Solana (SOL) which will unlock 524,030 tokens worth $79.21 million this week, accounting for 0.11% of its circulating supply. Worldcoin (WLD) will lead in linear unlocking, releasing 37.23 million tokens worth $85.25 million, accounting for 7.00% of the circulating supply.
Potential impact of token unlocking on the market This week's large-scale token unlocking may cause some volatility in market prices, especially for projects with a high unlocking ratio. Although some projects such as ADA (Cardano) and DOGE (Dogecoin) have only unlocked a very small portion of the circulating supply, for some tokens, this unlocking may bring significant market pressure.
As the overall sentiment of the crypto market turns positive, whether token unlocking will become a catalyst for short-term market fluctuations is worth investors' close attention. #arb解锁 #Meme浪潮持续,你看好哪一个? #美国大选如何影响加密产业? #BTC能否站稳6W4 #
Sui surges and then shows overbought signal? Short-term correction may be inevitable, time to sell has come!
Sui Network (SUI) has attracted a lot of attention with its recent price surge, driven by continued demand. However, the relative strength index (RSI) on multiple time frames shows "overbought" conditions, accompanied by bearish divergences, and market sentiment is gradually shifting from bullish to concerns about a potential pullback.
Overbought signal sounds, is it time for whales to cash out?
SUI has gained 184% since the beginning of the year, including a staggering 118% in the past 30 days. However, with SUI showing overbought RSI on all timeframes except the 15-minute chart, it looks like whales and early investors are facing a perfect time to take profits.
The Fed's rate cut may trigger "hidden fees" for stablecoins, and users will face a surge in costs?
As expectations of a rate cut by the Federal Reserve increase, the stability of stablecoins such as Tether and USDC is facing severe challenges. Stablecoin issuers rely on interest income from U.S. Treasuries, but lower interest rates may force these companies to pass on costs and push up user fees.
Currently, Tether and USDC hold more than $120 billion in U.S. Treasuries, accounting for 70% and 21% of the market share respectively. However, once interest rates fall, these stablecoin issuers that rely on interest income from treasury bonds may fall into a profit dilemma and be forced to start charging users fees such as minting, destruction or transaction fees, which will weaken the low-cost advantage of stablecoins.
Companies are ready for change
While stablecoin issuers have begun to prepare for this change, their strategies vary. Circle CEO Jeremy Allaire believes that falling interest rates will drive investment and economic activity, thereby increasing demand for USDC, while Tether CEO Paolo Ardoino expects funds to flow into the crypto market and investors will seek higher returns.
At the same time, U.S. regulators have stepped up their crackdown on cryptocurrencies, collecting more than $19 billion in settlements, of which FTX and its affiliates accounted for $12.7 billion. In this environment, the future prospects of stablecoins are full of uncertainty. #多军的反击 #9月美国CPI实现6连降 #Meme浪潮持续,你看好哪一个?
Vitalik Buterin sold Meme coins to cash out $636,000, and V God's MEME experienced a huge pullback
Ethereum co-founder Vitalik Buterin recently sold multiple meme coins to cash out $636,000 (about 257.1 ETH), which once again sparked controversy about investor risks and low liquidity tokens.
According to data from blockchain tracking platform Lookonchain, the meme coins sold by Buterin included 330,000 MSTR (114.1 ETH, about $282,000), 14 million POPCAT (74.99 ETH, about $186,000) and 14 billion ITO (36.55 ETH, about $90,000), and other small transactions also involved tokens such as ETH6900, SATO, and Milo.
The sale sparked widespread discussion, with some investors expressing dissatisfaction with the way he made profits. One comment sarcastically said: "Vitalik can make millions just by breathing." However, Buterin stated earlier that the proceeds of these tokens will be donated to charities, and called on meme coin creators to donate directly to charity, or to manage community donations through DAO.
Many project parties want to take advantage of Vitalik's popularity in this way, but in fact, this way of playing is no longer effective. Those who followed the purchase have suffered a lot of losses. Although MEME is hot, the risks and fluctuations are huge, so be careful when operating
SUI has surged recently, what is the short-term trend? 🔥
Token name: SUI Current price: $2.22
📊 Market sentiment analysis Recent news shows that traders are bullish on SUI and expect a bullish breakout of $2. Since September 2024, SUI has grown by as much as 175%, indicating strong investor interest. Despite some negative news about SUI price falling below $2, the overall sentiment remains optimistic and a rebound is expected.
📈 Technical analysis The RSI is currently at 55.88, indicating a neutral position, but has recently fallen from overbought levels. The Bollinger Bands show that the price is close to the middle band, indicating that it could move in either direction. The pivot point shows that the current price is above the pivot point of $2.215, with resistance at $2.2254 and support at $2.1961. The DMI shows a strong trend, the ADX is 48.20, and the positive directional index (PDI) is significantly higher than the negative directional index (MDI), indicating bullish momentum. The MACD is slightly negative, and the histogram shows a slight bearish divergence. The KDJ indicator shows that the K value has recently declined, indicating a possible reversal or consolidation phase.
💡 Recommendations and Trading Strategies Given the positive market sentiment and strong DMI trend, consider going long, but be cautious of potential short-term volatility. For short-term trading, monitor price action around the pivot point and resistance level. A breakout above $2.2254 could signal further gains. Set the stop loss slightly below the support level of $2.1961 to manage risk. Given the mixed technical indicators and positive sentiment, the confidence in the analysis is moderate.
The technical analysis is based on the 1-hour candlestick chart indicator, and users who like short-term trading can refer to it.
Once again, the current market volatility is large, so do a good job of stop profit and stop loss. The analysis is for reference only, DYOR! $SUI #多军的反击 #9月美国CPI实现6连降 #SUI创新高