Doubts exist regarding the potential for #ShibaInu: to reach $1, primarily due to its massive circulating supply. Nevertheless, enthusiasts believe that with strategic token burns, ongoing ecosystem development, and increased adoption, this possibility — though unlikely — could become more feasible over time.

For Shiba Inu to achieve a price of $1, more than 99% of its current supply would need to be removed. Given the existing supply of 589 trillion #tokens , reaching $1 would require a market capitalization of $589 trillion, a figure that is nearly impossible based on current market trends. While some investors are enthusiastic, there’s a concern among others that aiming for such high targets could create false hopes.
#BinanceBlockchainWeek

More and more experts are now predicting that the flagship crypto asset will continue to strengthen its position. The founder of Quantum Economics and crypto analyst Mati Greenspan noted that a bullish phase may soon start in the market. At the same time, it will be bitcoin that will be the key beneficiary. “#Bitcoin❗ $BTC
h
as been growing like a snowball since Taproot was introduced,” the researcher said. Taproot is a global update that was implemented in the bitcoin ecosystem at the end of 2021. It became a kind of foundation that allowed to increase the speed of transaction processing.

According to the specialist, this update opened new opportunities for DeFi and NFT in the network of the main digital coin. Mati Greenspan believes that bitcoin is able to reach the mark of $100 thousand. Especially about this we can talk confidently if the new President of the United States will be favorable to the segment of digital assets. On the other hand, the specialist is not so optimistic about the prospects of Ethereum.

The researcher motivated his opinion by the fact that the main altcoin has not yet fully solved the problems caused by its low bandwidth. In addition, there are many direct competitors on the market, which stand out more favorably in this aspect. It is also worth noting that in terms of capitalization bitcoin has surpassed ether by more than $1 trillion.

The specialist also noted his skepticism towards the meme-token segment. He emphasized that representatives of this asset class can actually demonstrate phenomenal growth dynamics in the short term. However, long-term investors are not inclined to take such arguments seriously. In conclusion, the expert noted that mem-#tokens are mostly the domain of speculative traders.
#USJoblessClaimsDip

The #cryptocurrencymarket remains stable, while bitcoin ($BTC
) is aiming for the psychological $70,000 mark. In the atmosphere of optimism, experienced investors are increasingly paying attention to airdrops, seeing them as an opportunity for additional earnings

For crypto enthusiasts, airdrops are a chance to get new #tokens for free and become part of active crypto communities. This week, four interesting giveaways are particularly worth paying attention to.

SupraOracles

The SupraOracles team made a snapshot of user accounts on October 21 and is now preparing to give away SUPRA tokens. The project has already raised $26.52 million from venture capital giants like Coinbase Ventures, HashKey Capital, Animoca Brands and HTX Ventures.

The criteria for participating in the SupraOracles Airdrop were quite simple. They included participating in various campaigns and completing tasks.

The developers of the project also opened access to the checker, so anyone can check how many coins they will get. In addition, participants of the SupraOracles airdrop can choose a plan to receive tokens. Those who don't, will get the coins automatically on a 30-month vesting plan.

The project also launched a program called Supra Starcade. SUPRA 250 million has been allocated for it. Participants will have to perform tasks in the testnet.

Scroll

This week will see the long-awaited airdrop of Scroll. The project, which raised an investment of $80 million, made a snapshot of user accounts at the end of last seven days, October 19.

Earlier, the largest cryptocurrency exchange Binance added the $SCR
token to its Launchpool platform. Users there have already started receiving rewards.

SCR trading on leading trading platforms will begin today, October 22. The project has already opened a page for branding coins. A total of 571,774 addresses were allowed to participate in the giveaway.

The total issue of SCR will amount to 1 billion tokens, of which 15% are intended for the community. Airdrop will be divided into two phases. Within the first, Sroll will distribute 7%, and during the second, it will distribute 8%.

The sentiment around the significant event for the platform remains tense. Users have expressed dissatisfaction regarding the SCR distribution strategy. In addition, concerns have also surfaced about insiders who may have unfairly accumulated a huge number of points.

"The Scroll team is so greedy! After allocating 23% to themselves, they in addition decided to make a sybil airdrop by allocating 1 million+ points to each team member,” wrote one crypto investor and trader on X (ex-Twitter).

Eclipse

Eclipse's first Level 2 (L2) solution, running on the Solana Virtual Machine (SVM), has raised a $65 million investment, with Polychain Capital, Delphi Ventures, Tribe Capital, Hack VC and Placeholder Ventures participating in the funding round.

The exact date of the airdrop remains unknown, but the crypto community is expecting an event as early as this week.

In order to participate in the Eclipse token giveaway, you will need to mine non-fungible tokens (NFTs) on the mainnet or through the project's official bridge as soon as they go live.

An important task - you need to add the Eclipse network to your wallet before mining NFTs.

Aptos

According to Aptos tokenomics, 51% of the project's total token supply is for the community. The airdrop date almost coincided with the second anniversary of the launch of the projects main network.

Earlier, the Aptos team raised $350 million. The funding round was led by #BinanceLabs , Andreessen Horowitz (a16z), DragonFly Capital, FTX Ventures and Jump Crypto. Coinbase Ventures, Circle and Multicoin Capital also participated.

Participation in the Aptos Airdrop involves #NFT​ minting. In honor of the anniversary, the developers introduced a limited edition of tokens.

"If you're here, it means you're here first to celebrate the second anniversary of the Aptos core network. We've released a commemorative NFT AptosTwo - tokens available for a limited time. Mint your AptosTwo tod
#ScrollOnBinance

Which tokens will be unlocked today...

DYDX / 150M $DYDX / ~$475.5M / 30 NOV ACALA / 27.43M $ACA / ~$1.68M / 30 NOV 1INCH / 98.74M $1INCH / ~$33.38M / 01 DEC Tornado Cash / 22.84K $TORN / ~$38.61K / 02 DEC

Thanks for reading, following and supporting guys! 🙏
#tokenunlocks #tokens #airdropking