Today’s crypto market is buzzing with key events 🔥. A major highlight is the decommissioning of StormX's staking mechanism, which has shaken $STMX tokenomics and caused some market turbulence 📉. Additionally, $5 million worth of unlocked $MODE tokens are being released, potentially increasing volatility 💥. Meanwhile, Merge Madrid is underway, with projects like XRP, CHZ, and LINK in the spotlight, possibly influencing their prices 📈.
Moreover, all eyes are on the FOMC meeting minutes being released on October 9 🗓️, as it could affect macroeconomic conditions and the trajectory of Bitcoin and Ethereum 🔮.
For those investing, Solana (SOL), Polkadot (DOT), and Chainlink (LINK) are gaining momentum 🚀 due to their technical advancements and strong ecosystems 🌐, making them prime candidates for investment in October 2024 💼.