📌 Top 7 popular tokens today. CoinGecko has published the | TopCryptoNews on Binance Square

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📌 Top 7 popular tokens today.
CoinGecko has published the 7 most popular tokens today:

1️⃣ enqAI (ENQAI);
2️⃣ Sui (SUI);
3️⃣ Bittensor (TAO);
4️⃣ dogwifhat (WIF);
5️⃣ Hamster Kombat (HMSTR);
6️⃣ Moo Deng (MOODENG);
7️⃣ Bonk (BONK).

0 people tipped the creator.

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SUI

1,8557

+3.99%

BONK

0,00002539

+3.71%

HMSTR

0,005366

-9.60%

1.9k

0

Replies 0

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⭐️ Global liquidity surge points to an epic bull run on the horizon Global liquidity is surging. Central banks are injecting capital into economies worldwide, and this has massive implications. It’s big. Asset prices are inflating, and everyone with investments stands to gain. Savers though? Not so much. Their cash is eroding in value as more liquidity floods in. This liquidity wave will drive a bull run of epic proportions, and Bitcoin is primed to ride it. Over time, BTC has shown a strong relationship with global liquidity. When liquidity rises, Bitcoin tends to follow. The reverse is true when liquidity contracts, with prices falling alongside it. This has led people to call Bitcoin a “liquidity barometer.” 🔸 Central banks fuel the market Money printers are running nonstop. The Federal Reserve is as usual the main player in this, and their metrics are mixed right now. One thing is clear though. Daylight overdrafts are rising. Banks are pulling more funds than they have, a sign that reserves might be tight. This could be a warning that stress is building in the system, but Fed commentary has downplayed it. Another indicator is the Reverse Repo Facility. At the end of Q3, cash poured into the New York Fed’s reverse repo facility, reaching $2.5 trillion. That’s the highest level since June. What does this mean? Big institutions are nervous, and they’re parking their cash somewhere safe instead of risking it elsewhere. But even with all the fear, the liquidity is flowing. Meanwhile Federal Reserve chair Jerome Powell has hinted at the fact that the rest of his interest rate cuts this year will be significantly below the one he made earlier this month, which was 50bps. The bank’s committee is meeting on November 6-7 and again on December 17-18. “They’re not in a rush to cut rates,” Powell said. He mentioned that their decision will depend on two upcoming employment reports and a jobs report. He added that, “If the economy performs as expected, that would mean two more rate cuts this year, a total of 50 basis points more.”

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🔥 Shiba Inu Price Could Jump 200% To $0.00006 In October, Here’s Why Shiba Inu has been on an uptrend recently, after suffering losses for the better parts of the second and third quarters of the year. This recovery going into the new month plays into the high expectations for the meme coin, especially in Q4, when the altcoin’s price is expected to more than double. Using historical data, this report elaborates on why the expectations for the Shiba Inu price are high going into the last quarter of the year 2024. 🔸 The Most Bullish Month Of The Year For Shiba Inu According to historical performance, the end of September is about to usher in the most bullish quarter of the year 2024 for Shiba Inu. This is especially true for the month of October which has never ended in the red for the meme coin. If this trend holds, then the SHIB price could continue to rise from here. Data from the CryptoRank website shows that the Shiba Inu price has seen an average return of +283.4% in the month of October. This average return could mean that the Shiba Inu price could triple by the time the month of October is over. Such a rise would put the SHIB price around the $0.00006 level this month. Additionally, if the recovery continues through the end of the year as expected, then the meme coin’s price could be seeing a new all-time high price before the year is over. Also, the last time that SHIB ended the month of September in the green was 2021, and the month of October went on to see an 833% increase in the space of one month. Now, 2024 is about to be the first in three years when the SHIB price is ending in the green again. A repeat of the 2021 trend would also send SHIB toward a new all-time high.

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🆕 The Most Profitable Month of the Year Begins in 24 Hours A new week is starting on the crypto market and in the next 7 days we will see various economic events that will have a direct impact on Bitcoin. Today, the BTC price has already managed to adjust by 3%, but everything can change dramatically after important economic reports. Firstly, in just a few hours, Jerome Powell will speak, and then, starting from October 2, they will begin to publish data on the labor market, on which the Fed's further decision on the interest rate will depend, which in turn will affect BTC. #BTC $BTC

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📈 Is XRP Poised to Rise? As we can see from the chart, the current price of XRP has broken through a 3.5 year long downtrend. Also, the development of an upward momentum will help overcome the 8-year downward trend📈 Javon Marks also writes about a mega-positive scenario, but this is already in the realm of fantasy. The trader allows for growth to the $200 mark👀 #XRP

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⭐️ Top 3 altcoins to turn $100 into $1,000 in October 🔸 Cardano (#ADA ) After experiencing a period of decline and sideways trading following the March highs, Cardano (ADA) appears poised to take full advantage of the likely upward momentum in October. Indeed, after falling 32% in the last six months, ADA’s fortunes have reversed and the cryptocurrency is up 10.53% in the last 30 days to its press time price of $0.39. In terms of magnitude, the Cardano rally could see the token rocket toward $5, as its one-week Logarithmic Moving Average Convergence Divergence (1W LMACD) – a particularly decisive signal – has formed a bullish pattern already on September 24. 🔸 Uniswap (#UNI ) Like many other altcoins, Uniswap (UNI) has recently started positioning itself for the likely ‘Uptober’ rally. Indeed, after rising in the initial quarter of 2024 and then experiencing a 31.36% plunge in the last six months, UNI is nearly 30% up in the last 30 days and has climbed 13.72% in the latest seven days of trading to its press time price of $7.63. The current and likely future uptrend builds upon months of developments, including the July UniswapX upgrade that dramatically returned more Miner Extractable Value (MEV) while enhancing quoting speeds and trade execution, and the September ERC-7683 standard drive. 🔸 Shiba Inu (#SHIB ) So far, there has been no major crypto market rally or bull cycle that has not included meme coins, and Shiba Inu (SHIB), as one of the most prominent such cryptocurrencies, is well positioned to benefit from the October bullishness. Though newer and smaller meme coins could likely see greater upsides than established tokens like SHIB, they also carry far more risk. They don’t have a proven track record and are prone to insider trades and manipulation. Additionally, being well below its 2024 highs but also on a recent uptrend – an uptrend that saw a 32.89% 30-day rise to $0.00001847 – SHIB has significant momentum behind it and room for growth ahead.

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