As concerns grow over the recent Bitcoin price trend, many investors are shifting their focus to promising altcoins with greater growth potential. Experts predict a slowdown in Bitcoin price momentum, prompting savvy traders to spotlight FXGuys ($FXG), Artificial Superintelligence Alliance (FET), and Chainlink (LINK) as the best altcoins to deliver impressive returns.
But why are $FXG, FET, and LINK standing out as the best altcoin picks in the current market climate? Let’s dive into why these tokens are attracting the attention of investors eager to capitalize on new opportunities!

FET Surges 65.52% Over 34 Days as the Bitcoin Price Trend Worries Investors
Artificial Superintelligence Alliance’s recent bullish price movement has caught the attention of experts, quickly earning it a spot on their watchlist. FET traded between $0.87 and $0.88 on August 15, 2024, before beginning an 8-day rally, climbing to $1.21 by August 23—a gain of 39.08%.
The momentum didn’t stop there, as the Artificial Superintelligence Alliance token rose an additional 21.49% to reach $1.47 just four days later. However, a pullback of 15.65% saw the token end the month at $1.24.
September followed a similarly strong trend, with FET’s price surging from $1.12 to $1.44, marking a 28.57% increase in the first 18 days. Since August 15, FET has gained an impressive 65.52%, rising from $0.87 to $1.44.
This sustained upward trend is likely driven by a surge in large transactions, signaling growing interest and investment from prominent holders.
While experts are cautious about Bitcoin price movements, they remain optimistic about FET’s future. Despite its current price of $1.58, projections indicate that the Artificial Superintelligence Alliance token could reach $2.93 by the end of 2024, $3.36 in 2025, and $4.81 by 2026.
LINK’s 39.9% Price Surge Offers a Positive Outlook Amid Market Volatility
One of the best altcoins to garner attention from experts due to its recent bullish momentum is Chainlink’s LINK. On August 5, 2024, the price of LINK fell to $8.1376, but it quickly rebounded by 31.5% to reach $10.70 just five days later.
The upward trend continued, with Chainlink’s LINK gaining an additional 18.59% to hit $12.68 by August 26. However, it then experienced a decline of 11.7%, closing the month at $11.19.
Chainlink’s volatility persisted into September, as LINK dropped to $10.20 within the first eleven days. Nevertheless, the token rebounded again, rising by 11.69% to reach $11.39 on September 19.
Overall, from August 5 to September 19, Chainlink’s LINK has achieved a remarkable gain of 39.9%, moving from $8.1376 to $11.39, largely driven by strong buying pressure following the Federal Reserve’s rate cut.
This impressive price movement has led experts to adopt a bullish outlook for Chainlink’s future, with predictions suggesting LINK’s price could reach between $213.1 and $253.51 by 2030.
However, amidst these developments, investors are increasingly turning their attention to one of the best altcoins called FXGuys for potential returns, driven by concerns over Bitcoin price momentum.
Investors Turn to FXGuys for Innovative Trading Solutions and Promising Returns
Investors are increasingly turning to FXGuys, an innovative decentralized platform designed to simplify the trading of traditional assets. FXGuys offers users access to the world’s most active and liquid markets, complemented by advanced analytics, AI tools, and social trading features to enhance their success.
Traders also benefit from the unique Trade2Earn program that rewards them with $FXG tokens based on their trading activity. These tokens accumulate in their dashboard wallets and can be redeemed for exclusive rewards within the ecosystem.
With same-day payouts available in $FXG or fiat, getting started is easy and hassle-free, as there’s no KYC requirement. As demand for $FXG tokens rises alongside the platform’s growth and an influx of new traders, the value of $FXG is expected to increase.
Currently, $FXG is priced at just $0.03 during its presale, presenting investors with the potential for fat returns as its value is projected to reach $0.10 by the end of the presale.
$FXG: The Best Altcoin with a 10,000% Growth Potential!
As investors take notice of the impressive gains from FET and LINK amid Bitcoin price worries, attention is shifting to the $FXG token, which is expected to deliver substantial returns.
Analysts are optimistic about $FXG’s potential, considering it the best altcoin to lead the next market surge, with forecasts suggesting it could rise by as much as 10,000% once it becomes available on exchanges. Don’t miss out on this opportunity. Get your hands on this best altcoin today!
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Former US President Donald Trump has executed the inaugural acquisition of burgers utilizing Bitcoin, signifying a notable change in his perspective on crypto.
The transaction occurred at PubKey, a Bitcoin-accepting pub in Greenwich Village, New York, and was facilitated by the Strike app, a payment platform utilizing Bitcoin’s Layer-2 Lightning Network. Thomas Pacchia, co-owner of the bar, saw Trump’s acquisition as a “coming of age” moment for Bitcoin, underscoring its public endorsement.
Trump’s recent moves indicate a divergence from his prior position on Bitcoin and cryptocurrencies. During his presidency, he notably described Bitcoin as “based on thin air” and condemned its volatility.
In his 2024 campaign, Trump has adopted a more optimistic stance by accepting Bitcoin donations and initiating new projects inside the crypto sector. The initiation of World Liberty Financial (WLFI), a decentralized finance (DeFi) project spearheaded by Donald Trump Jr. and Eric Trump, is one such endeavor.
This action indicates an increasing interest from Trump in the cryptocurrency and DeFi sectors; nevertheless, some detractors question the authenticity of his engagement, arguing that it may be more focused on garnering political attention than on endorsing the technology.
Despite endorsements from notable individuals in the crypto domain, including the Winklevoss twins and economist Peter Schiff, doubt persists over Trump’s cryptocurrency initiatives.
Critics highlight the absence of transparency and clarity regarding Trump’s DeFi initiative, WLFI, which raises apprehensions about its feasibility and investment terms. Certain investors exhibit reluctance to invest in the project.

In 2024, the Open Network (TON) blockchain has experienced a substantial rise in on-chain indicators, including trade volume, total value locked, active users, and daily transactions.
Artemis data indicates a 760% year-to-date increase in the daily average trading volume on TON’s decentralized exchanges (DEX). The number of daily active addresses on TON increased from 26,274 in January to 902,737 in September, while daily transactions surged 12-fold from 232,286 in January to 2,823,801 in September.
Users’ faith in the network has increased, with the total value locked (TVL) rising eightfold to $741.3 million as of September. The increase in activity has affected the network’s revenue from transaction fees, with users expending approximately $75,000 daily, resulting in about $37,500 daily for TON blockchain validators.
TON has positioned itself as a premier network for on-chain gaming, recording an average of 177,000 unique active wallets daily in August.
The Commonwealth of Independent States region exhibits significant engagement in TON dApps, with Belarus, Uzbekistan, Ukraine, and Kazakhstan ranking among the top 10 nations for interactions with Notcoin.

Tether has allocated $1.5 million to Sorted Wallet, a crypto wallet technology designed to enhance crypto adoption in underdeveloped regions. The investment reflects Tether’s dedication to improving financial inclusion and economic empowerment in marginalized areas.
The platform seeks to incorporate individuals with basic mobile phones into the cryptocurrency domain, facilitating their integration into the digital asset ecosystem within the financial sector.
This is especially significant for the unbanked in emerging nations, who may gain from financial inclusion. Paolo Ardoino, CEO of Tether, articulated the objective of enabling universal access to secure crypto management and utilization, irrespective of geographical location or mobile device, thereby encouraging individuals to construct a more secure financial future and participate actively in the advancing digital economy.
The $1.5 million investment will facilitate Sorted Wallet’s expansion initiatives in Africa and Southeast Asia. Tether, the issuer of the preeminent stablecoin USDT, is essential in the crypto sector, broadening its stablecoin adoption worldwide and collaborating with platforms and organizations to promote blockchain and crypto via educational initiatives.

Bitcoin increased about 6% to surpass $61,000, concluding a three-day decline and recovering. The most valuable crypto globally is currently trading at $60,935, reflecting a 5.5% increase in the last 24 hours.
The broader crypto market saw signs of revival, increasing its total value by over $45 billion, with Bitcoin and Ethereum spearheading the resurgence. The performance of the top 10 crypto by market capitalization has been inconsistent, reflecting a cautious tone in the market.
Ethereum experienced a 3.5% increase in the past 24 hours, elevating its price to $2,369.38. BNB and Solana had increases of 2.43% and 1.45%, trading at $546 and $132.47, respectively. XRP and Dogecoin increased around 2% in the past 24 hours, trading at $0.5857 and $0.1014, respectively.
Avalanche (AVAX) increased by 3.43% and is trading at $24.20. Toncoin (TON) experienced a 1.38% boost, elevating its price to $5.50, while TRON (TRX) rose by 1.61% to $0.1507, and Cardano (ADA) increased by 1.87% to $0.3371.
Yields on US 10-year Treasury bonds declined to their lowest point in 15 months, indicating a heightened investor inclination towards riskier assets, such as crypto. The Fedwatch tool indicates an increasing probability of a 0.5% interest rate reduction by the Federal Reserve, with the possibility rising to almost 70%.

Tether’s USDT stablecoin now holds more than 75% of the stablecoin market, a considerable increase from 55% in 2022. This increase is attributed to the growing demand for USDT as a reliable middleman between fiat currencies and digital assets.
With a circulating supply of $118 billion, USDT has witnessed consistent adoption throughout crypto marketplaces, bolstered by its good financial performance. Tether earned $400 million in income over the last month, cementing its status as the biggest stablecoin issuer.
The stablecoin is important in the digital asset arena because it allows investors to protect against market volatility. Tether’s revenue-generating extends beyond stablecoin supply, with $5.2 billion in profits in Q1 2024, primarily from investments in assets such as Bitcoin and gold.
The company is also working on regulatory compliance and intends to increase its personnel by mid-2025. The USDT balance on crypto exchanges reached a new high of $20.3 billion in August, showing that investors are keeping USDT to hedge market risk or prepare for future trading opportunities

MicroStrategy Incorporated intends to privately issue $700 million in convertible senior notes maturing in 2028, contingent upon market conditions. The business anticipates granting an option to acquire an additional $105 million in notes to first purchasers within 13 days of the notes’ issuance.
The funds will be allocated to redeem its $500 million senior secured notes maturing in 2028 and may also be utilized to acquire further Bitcoin. The unsecured notes will mature on September 15, 2028, and will accrue semi-annual interest in March 2025.
MicroStrategy may redeem the notes for cash commencing in December 2027, subject to specific circumstances that restrict the redemption of outstanding notes.
The business released a redemption notice for its outstanding senior secured notes, intending to redeem them on September 26, 2024, subject to the conclusion of the transaction.
The notes will be available in a private sale, unregistered under US securities regulations, and accessible solely to qualified institutional buyers pursuant to Rule 144A.
This is a component of a comprehensive approach the corporation has implemented to fund its extensive Bitcoin acquisition. Since 2020, MicroStrategy has generated billions through analogous offers, employing a blend of debt and stock to finance its crypto acquisitions.

Stablecoin issuer Circle has faced criticism for freezing approximately $5 million associated with North Korea’s Lazarus Group. The hacker organization is accountable for several prominent Bitcoin breaches and the postponement of freezing these assets has elicited significant criticism.
On September 14, blockchain investigator ZachXBT disclosed that stablecoin issuers, including Tether, Circle, Paxos, and Techteryx, blacklisted two wallets associated with the Lazarus Group, which had around $4.96 million in assets.
Nonetheless, these wallets still hold $720,000 in DAI and $313,000 in Ethereum, which remain unencumbered. The Lazarus Group laundered more than $200 million from 25 crypto-related thefts from 2020 to 2023.
A cumulative total of $6.98 million has been frozen to date, with $1.65 million retained across various exchanges. ZachXBT chastised Circle for its sluggish reaction in freezing the Lazarus Group’s assets, contending that it revealed a deficiency in its dedication to safeguarding the bitcoin ecosystem from nefarious entities.
He alleged that Circle prioritized revenues over security and condemned the absence of an incident response team. The Lazarus Group has been associated with several major cryptocurrency thefts, including the recent $20 million breach of the Indodax exchange.

The 2024 US election is imminent, with crypto donations totaling $190 million, signifying an increasing connection between the crypto sector and politics.
This rise is substantial, as both Democratic and Republican candidates strive to gain the support of the crypto community, indicating a crucial juncture for incorporating digital assets into mainstream politics.
The surge of political contributions from the crypto business may induce significant transformations, perhaps facilitating more advantageous rules and streamlined expansion. Nonetheless, there is apprehension that the increasing prominence of digital currency in politics may result in more stringent laws.
A diverse array of political candidates is capitalizing on cryptocurrency donations, with some endorsing digital assets while others express skepticism.  Candidates supportive of crypto are perceived as progressive and innovative, attracting a significant segment of the population. The $190 million in donations primarily originates from the conviction that cryptocurrencies have the potential to revolutionize antiquated banking structures.
The future of cryptocurrency in politics is anticipated to expand, with the industry’s prosperity primarily reliant on the utilization of these funds and the efficacy of pro-cryptocurrency candidates.
A triumph for these candidates could establish a more advantageous regulatory framework, whilst a success for crypto adversaries may result in more stringent rules for the industry.

Arthur Hayes, co-founder of BitMEX, anticipates a bullish week for Bitcoin due to probable market developments that will help altcoins such as Sui (SUI). He believes that Bitcoin’s value may increase if market conditions continue to deteriorate.
Hayes has expressed unhappiness with the Federal Reserve’s policies, claiming that they have not done enough to reduce government expenditure, which is the primary source of inflation.
He expects Treasury Secretary Janet Yellen to intervene and inject cash into the market, as she did in 2023 when bond yields rose. If this scenario persists, it will have an impact on the stock market, jeopardize the health of smaller banks, and raise mortgage rates, allowing Bitcoin to benefit from the subsequent pandemonium.
More liquidity in the system benefits risky assets such as BTC, but if Yellen does not move soon, the scenario might worsen into a catastrophic crisis that could destabilize the US economy. If Yellen reacts swiftly, Bitcoin will begin to chop sideways, while altcoins may plummet even farther.
Bitcoin is currently valued at $60,190, up 10.94% in the last 7 days, and the price is consolidating with data and market sentiment, pointing to a good week for BTC.

Bitcoin ETFs saw a jump in net buying on Friday, totaling $263 million, the greatest single-day inflow since July 22. This performance was fueled by a 12% gain in Bitcoin’s value, with one day seeing it surpass $60,000.
Fidelity’s Bitcoin (FBTC) saw a $102 million inflow, boosting its weekly profits to almost $218 million. Other Bitcoin ETFs managed by Bitwise, Franklin Templeton, Valkyrie, VanEck, and Grayscale saw positive inflows.
ARK Invest/21Shares’ Bitcoin Fund (ARKB) followed with around $99 million in net capital. Other rival Bitcoin ETFs managed by Bitwise, Franklin Templeton, Valkyrie, VanEck, and Grayscale saw positive inflows.
BlackRock’s iShares Bitcoin Trust (IBIT), WisdomTree’s Bitcoin Fund (BTCW), and Grayscale’s Bitcoin Mini Trust (BTC) all had no inflows.
The US spot Bitcoin ETFs concluded the week with net inflows of more than $400 million. The overall crypto market had a favorable day, with Bitcoin (BTC) climbing from $54,300 to $60,600 and Ethereum (ETH) jumping 8% to $2,400 in a week.
According to ARK Invest, the average cost basis of US spot Bitcoin ETF investors was higher than the current market price as of late August, indicating that the majority of participants are currently losing money. However, Bitcoin’s fundamentals remain optimistic, and overall opinion toward Bitcoin is positive.

In the past week, there has been a significant influx of Ethereum holders selling their holdings, resulting in a total of 312,183 ETH being put into exchanges. This amount is valued at $751 million.
The increase in deposits made for exchanging currencies reflects a rise in investor concern, leading market observers to closely monitor any possible changes in attitude.
Moreover, the market performance of Ethereum has been closely examined, revealing a 4.5% decline in trade value over the past week.
Notable support levels for Ethereum are at $1,580, which has traditionally acted as a point of price rebound, and $1,500, where a decline below this level could indicate additional bearish movement. There are two resistance levels to consider for Ethereum.
The first is at $1,800, which has historically seen more sellers than buyers. The second is at $1,900, which Ethereum needs to surpass in order to indicate more buying activity.

The price of Bitcoin has experienced a substantial decrease, declining from $57,000 on September 5 to $55,711.26, resulting in a severe downturn in market mood.
The Crypto Dread & Greed Index has reentered the “extreme fear” zone, registering a score of 22, which is a notable decrease from the score of 29 recorded the previous day.
Arthur Hayes, one of the co-founders, forecasts a continued decrease in the price of Bitcoin, indicating that it may drop below $50,000 during the upcoming weekend. This occurs amid a more extensive decline in the market and increasing apprehensions regarding the US economy.
More than 36 million Bitcoin long bets have been liquidated, resulting in a loss of around $29.7 billion from Bitcoin’s market capitalization. Additionally, Ethereum (ETH) has had a decrease of 2.23%, Solana (SOL) has dropped by 2.82%, and Ripple (XRP) has experienced a 2.19% reduction.
As a result, there have been liquidations totaling more than $94.26 million in the last 24 hours, with Bitcoin and Ethereum long bets making up more than 50% of these liquidations.
The current volatility in the crypto market is caused by broader macroeconomic issues, specifically the recent underperformance of the US jobs data.

VanEck plans to terminate its Ethereum Strategy ETF (EFUT) by September 16, 2024, and expects to complete the liquidation process by September 23.
EFUT, which was introduced in October 2023, has faced challenges in terms of limited growth in assets and performance when compared to VanEck’s more prosperous spot Ethereum ETF (ETHV).
VanEck’s decision to liquidate EFUT is in line with its continuous evaluation of criteria such as performance, liquidity, and investor interest. EFUT shareholders will be given cash payments determined by the net asset value of their assets after the ETF is closed and liquidated.
The August 2024 Crypto Monthly Recap by VanEck identifies certain obstacles that have contributed to the recent difficulties in Ethereum’s price. The proportion of decentralized exchange trading volume accounted for by Ethereum has experienced a substantial decline, decreasing from 42% in 2022 to 29% in 2024.
This can be attributable to various factors, including a reduction in network revenue, intentional policy choices, and competition from blockchains with greater transaction processing capabilities, such as Solana, Sui, and Aptos.
In addition, the presence of other layer-2 networks has had a significant influence on the money generated by Ethereum’s layer-1 network. This has resulted in a drastic 99% decrease in network fees after the implementation of the Dencun upgrade in March 2024.
VanEck’s choice to terminate EFUT while maintaining its offering of other cryptocurrency-related products, such as the Digital Assets Mining ETF (DAM) and Bitcoin Strategy ETF (XBTF), highlights the firm’s continued involvement with digital assets despite the difficulties Ethereum is currently undergoing.

According to CoinGlass data, the crypto market encountered a significant price fluctuation that resulted in the liquidation of over $50 million worth of leveraged derivatives contracts across all crypto within one hour.
Following the release of the US jobs report on Friday, the rise swiftly reversed, causing Bitcoin (BTC), the biggest crypto, to reach its lowest point in a month. This means BTC dropped below $54k. The sudden price fluctuation took leveraged traders by surprise, particularly those who had placed bets on a continuous price increase.
The difference of over $3,000 between the highest and lowest points of the day was the largest since August 28th. The Nasdaq Composite Index declined by 2.5% and the S&P 500 Index dropped by 1.6% during their early trading sessions.
The US nonfarm payrolls report revealed that the greatest economy in the world gained 142,000 jobs in August, somewhat below what analysts had predicted.
Additionally, the unemployment rate decreased from 4.3% in July to 4.2%. Market analysts are evaluating the Federal Reserve’s anticipated plan to decrease interest rates, which is projected to occur later this month.
Some analysts think that a reduction of a lesser magnitude would be more advantageous for assets with risk exposure, as a 50 basis points decrease could indicate that the Federal Reserve is growing more apprehensive about the possibility of the US economy entering a recession.

The price of Cardano is currently seeing difficulties as a result of being overvalued and a lack of investor trust, indicating that it may require further time to recuperate from the recent Chang hard fork.
The Cardano Network Value to Transaction (NVT) ratio has recently achieved its highest level of the year at 6.43, suggesting the possibility of forthcoming difficulties. Overvaluation is generally considered a negative indicator, frequently resulting in corrections or delays in anticipated market upswings.
Prominent investors, such as large-scale crypto holders, have demonstrated minimal inclination to retain ADA, as they have divested a substantial percentage of their holdings, totaling more than $326 million, representing around 15% of the total supply.
This sell-off is in line with the ‘sell-the-news’ phenomena, which refers to investors taking advantage of the hype surrounding significant developments but then selling their investments once the event occurs. This typically results in market corrections.
Although the short-term prospects for Cardano’s price are unclear, there remains a possibility of a future rebound. The altcoin has been trapped in a descending wedge formation for more than four months, and it is uncertain when this pattern will terminate.
There is a possibility that the price of Cardano may decrease much more, potentially reaching a significant support level at approximately $0.31. This level has traditionally been an important point of price stability.
If the price of Cardano rebounds from this level of support, it has the potential to facilitate a breakout from its existing pattern, perhaps resulting in a substantial increase of 47%.
Nevertheless, in the absence of an improvement in overall market circumstances and investor sentiment, any additional decreases in value could undermine the optimistic-neutral perspective and prolong the postponement of Cardano’s anticipated surge.

Today, there was a significant decline in the value of cryptocurrencies. Bitcoin (BTC) had a 1.5% decrease, reaching $57,800, while Ethereum (ETH) dropped by 3% to $2,442, marking its lowest point since early February.
Simultaneously, there was a notable decrease in stock prices, with the Nasdaq experiencing a 2.4% dip and the S&P 500 falling by 1.5%. The August ISM Manufacturing PMI survey indicated a sustained decline, as new orders decreased to 44.6 and prices paid increased to 54.0.
Traders have raised the likelihood of a 50 basis point reduction in the Federal Reserve interest rate in September to 39%. However, the more favored option is still a 25 basis point decrease, with a probability of 61%.
The primary focal point for macroeconomic news in the United States is the August employment report, which is scheduled for release on Friday. Economists are predicting that job gains will recover and reach 160,000, compared to the 114,000 figure reported in July. The anticipated unemployment rate is projected to decrease from 4.3% to 4.2%.
Based on historical patterns, it is likely that selling will persist, as bitcoin has experienced a decline in seven out of the last ten Septembers. Nevertheless, the data set presents encouraging information, as historically October has been the most profitable month for Bitcoin, and the remaining months of autumn have generally yielded favorable returns.
Recently, Vitalik Buterin, the co-founder of Ethereum, has allegedly moved ETH worth around $800 million to a multi-signature wallet, generating curiosity among the cryptocurrency community.

Binance CEO Richard Teng has refuted accusations that the crypto exchange indiscriminately froze the funds of all Palestinian users, a situation that has raised alarm within the cryptocurrency community.
Ray Youssef, the CEO of Noones and co-founder of Paxful, alleged that Binance had confiscated Palestinian funds upon the request of the Israel Defense Forces (IDF), which led to the emergence of these accusations.
Youssef claimed that Binance impeded access to these funds and warned that customers in Syria and Lebanon may soon face similar restrictions. Teng additionally presented a document demonstrating that Israeli officials instructed Binance’s activities under anti-terrorism legislation.
Teng specified that only a limited number of accounts associated with illicit activity were restricted and highlighted that Binance adheres to international legislation against money laundering. He articulated a longing for tranquility in the area.
Although Teng has attempted to provide reassurances, distrust continues to exist among crypto community members. Some users remain concerned that Binance may selectively target users in different countries and doubt the impartiality of the criteria employed to identify blocked accounts.

OpenSea, the prominent NFT marketplace, has received a Wells notice from the SEC, suggesting that the agency suspects OpenSea of violating federal securities laws by facilitating the sale of NFTs that may qualify as securities.
This action has raised worries regarding the possibility of implementing more extensive controls inside the NFT business. Devin Finzer, the co-founder and CEO of OpenSea, openly responded to the SEC’s warning, expressing his surprise and strong disagreement with the agency’s stance.
Finzer contended that NFTs include unique characteristics that differentiate them from conventional securities. Moreover, Finzer expressed concern that the SEC’s expansive interpretation of securities laws has the potential to jeopardize the livelihoods of artists and impede innovation inside the digital realm.
The SEC measures against OpenSea have elicited diverse responses among the NFT community. Congressman Wiley Nickel, among others, condemned the SEC’s action as excessive, potentially impeding digital innovation in the United States.
Cameron Winklevoss, one of the founders of the Gemini crypto exchange, expressed his opinion that the steps taken by the SEC are part of a larger campaign against crypto. Jake Chervinsky, the Chief Legal Officer at Variant Fund, also expressed disapproval of the SEC’s approach, contending that the agency had gone beyond its jurisdiction.
Nevertheless, some do not support OpenSea. Certain individuals in the NFT industry have expressed approval of the SEC’s measures, perceiving them as an essential measure to tackle what they perceive as OpenSea’s dubious tactics.
The digital asset industry is closely monitoring the result of the case against OpenSea since it has the potential to significantly impact the NFT market and the broader digital economy.

Toncoin (TON) is in danger of being excluded from the top 10 crypto assets as a result of the increasing prominence of TRON (TRX).
During the previous three days, TON’s market capitalization has declined to less than $13 billion, while TRON’s has increased to almost $14 billion. TON’s price has experienced a decline of 18% over the past 30 days, hitting a minimum of $5.11 on Tuesday.
The price of TRON has experienced a 16% increase during the same time frame, primarily attributed to the launch of SunPump, a novel meme coin token generator developed by Justin Sun, the founder of Tron.
SunPump earned $567,000 after selling 7,531 memecoins last Wednesday, surpassing Pump.fun’s $368,000 from 6,941 tokens. According to data from IntoTheBlock, there has been a decline in the amount of Toncoin being acquired by large holders, indicating a cautious approach by significant investors.
Toncoin now holds the 10th position in terms of market capitalization, amounting to $13.5 billion as of August 28. It is closely trailed by Cardano, which has a market cap of over $13 billion.