The crypto market has grabbed quite a momentum in the last few days, moving parallel with Michael Saylor’s forecasts. However, today, the market had a break, where it faced a minor downtrend. As a result, the global market cap is down by 1.17%, currently at $2.37 Trillion, and the trading volume has declined 13.21% to $64.5 Billion. This drop’s impact is also visible in the altcoin, including XRP price, which had steady growth over the week but not anymore. However, this is quite common for this Ripple token, as it has disappointed the holder for seven years now.
However, the favorable situations are not far, as the new updates like the Grayscale beginning XRP Trust, Ripple Vs SEC lawsuit reaching an end, possible listing on the crypto exchanges, etc, are to bring heavy gains. Based on this and a few other factors, especially Michael Saylor’s claim, a crypto analyst has forecasted the Ripple price to hit $100.
Michael Saylor’s Predictions Indicate at XRP Price Rally
Michael Saylor is a prominent figure in the crypto industry due to his unwavering support for Bitcoin. This support is visible in his company, Microstrategy, which has been buying BTC for years. With this, it has become the largest corporate holder of crypto assets. Michael is also widely followed by crypto investors due to his constant predictions about the crypto market. That is why one crypto analyst, Rietveld, analyzed Michael Saylor forecast, where he claimed that Bitcoin would become 7% of the world economy.
Based on this forecast, the Bitcoin price will rise to $14 Million with an annual growth rate of 44%. Additionally, this will boost the entire growth market, making it worth $546 trillion. This prediction gained Rietveld attention, and he calculated the impact of this BTC price growth on the Ripple token.
As per Rietveld’s analysis, it will surge to $100 and even higher based on this 20,300% growth of BTC. More importantly, he highlighted that Bitcoin will achieve this $14M by 2045, but XRP rice will gain $118 by 2025.
Will XRP Really Hit $100 Mark?
The crypto market is full of ifs and buts, which could change the future of any crypto asset. In this series of ifs and buts, the crypto analysts are also divided on the XRP’s price performance. It is because the token has a successful history and is still in demand, where it is, one of the top cryptocurrencies. However, its charts state a different story, as XRP price is stuck at the average of $0.5, currently at $0.5871.
Based on demand, even with this poor performance, the Ripple- token has the potential to rise to new highs. Yet, in the ongoing crypto market conditions, the possibility of (XRP) hitting the $100 mark is almost zero. However, significant growth is possible in the long run, as this crypto analyst forecasted. If all the conditions turned in its favor, like the upcoming Bull Run and the end of the Ripple Vs SEC lawsuit, the (XRP) price might hit $100, but it is uncertain when that will happen. Interestingly, if the Michael Saylor forecast and Rietveld’s analysis came true, this would happen by the next year.

#Shiba Inu marketing lead Lucie’s recent comments on the SHI stablecoin have garnered noteworthy attention across the global crypto landscape. On Thursday, the marketing lead revealed how the stablecoin is a game-changer for Shibarium, staging as a developmental key for stability and utility for Layer 2. Although not launched yet, its introduction to the meme coin’s ecosystem is expected to be pivotal.
Shiba Inu Marketing Lead Spotlights SHI Stablecoin Launch
In an official X post dated September 26, Lucie revealed that the SHI stablecoin, initially unveiled in 2021 by Ryoshi, is currently in the works. She added, “The original idea for SHI is to peg it at $0.01, though the specific mechanism for achieving this peg has not been determined.” Meanwhile, ongoing community discussions continue to gauge potential options to bolster the peg seamlessly.
Meanwhile, Lucie added that Shiba Inu lead developers Shytoshi Kusama and Kaal Dhairya also stressed that SHI is currently in development and under rigorous testing. The dog-themed meme coin’s community continues to take an apprehensive approach to the stablecoin’s release to ensure seamless utility and stability within the SHIB ecosystem. Concerning this, Lucie revealed that the project constantly learns from “the challenges faced by other stablecoins to ensure that SHI will be a secure and sustainable option.”
SHI’s Significance On Shibarium
Shiba Inu marketing lead also shared vital insights into why the stablecoin is important for Shibarium, the Layer 2 blockchain. SHI remains poised to enhance price stability, utility, DeFI integration, adoption, liquidity provision, interoperability, and transaction security, among a stockpile -of other things.
“As development progresses, SHI is set to enhance the Shib ecosystem’s capabilities, providing a reliable framework for decentralized finance and contributing to a more resilient financial landscape,” Lucie concluded. These statements, in light of the looming SHIBACON event set to take place in November, have echoed a buzz among market enthusiasts.
Recently, the marketing lead also spotlighted another BONE-related development on Shibarium, garnering further attention to the meme-themed token across the broader market.
#SHIB Price Action Today.
Simultaneously, Shiba Inu price surged nearly 11% today, sparking speculations of hitting $1 on a 2021-like rally and SHI stablecoin launch. Shiba Inu’s intraday low and high were $0.00001475 and $0.00001652, respectively. The meme coin’s 24-hour trading volume surged by a whopping 131% to $520.52 million today. This rising action has caused a stir in the crypto community.
Coinglass data indicated a 22% surge in SHIB futures OI to $42.43 million. Further, the coin’s derivatives volume noted a staggering 192% uptick to $179.36 million. Coupled with today’s price upswing, (SHIB) currently seems to be on an uptrend. The SHIB stablecoin announcement adds. to the optimistic buzz surrounding the digital asset.

Moonriver Coin (MOVR) is the multifunctional native cryptocurrency of the Moonriver platform. MOVR facilitates the execution of several important functions, including governance, incentive mechanisms, and network transaction fees.
What is #Moonriver Coin (MOVR)?
Moonriver is an Ethereum $2,621-compatible smart parachain operating on Kusama. It aims to establish a network that works alongside Moonbeam, a permanently incentivized network provider. New code is sent to Moonriver for testing and verification under real economic conditions. Once proven, the same code is deployed to Moonbeam on Polkadot. This process includes full EVM implementation, a Web3-compatible API, and building bridges that connect Moonriver to existing Ethereum networks.
It allows developers to deploy their existing Solidity smart contracts and dApp front ends to Moonriver with minimal changes. As a decentralized smart contract platform, Moonriver requires a utility token to operate. MOVR is at the core of Moonriver’s design and is built to be irremovable without compromising fundamental functionality.
Moonriver token uses include:
Supporting the gas metering of smart contracts, incentivizing and powering a decentralized node infrastructure on which the platform can operate, facilitating on-chain governance mechanisms such as proposing, selecting members, and voting on governance issues, and paying for network transaction fees,
Where to Buy #MOVR ?
Moonriver Coin can be safely bought and sold on Binance, the world’s largest cryptocurrency exchange by trading volume. On the Binance platform, MOVR Coin is traded in MOVR/BTC, MOVR/BNB, MOVR/USDT, and MOVR/BUSD pairs.
To purchase Moonriver Coin, you first need to register on the Binance exchange. Once registration is complete, you need to transfer cryptocurrency or fiat currency to your Binance wallet. After completing the transfer, you can purchase MOVR Coin in any of the four pairs mentioned above. To buy from the MOVR/BUSD trading pair, navigate to the interface of this pair. In the limit tab, enter the amount you want to purchase. After specifying the amount, execute the purchase with the (Buy) MOVR order.

#ETHSofia Conference and Hackathon, the first-ever Ethereum and altcoins technology event in Bulgaria, fulfills the ambition of enlisting world-class speakers and partners.
The three-day hackathon and two-day conference kicking off on October 17th puts Bulgaria on the blockchain innovation map. Exactly one month before Sofia Tech Park welcomes crypto enthusiasts from Bulgaria and abroad, the ETHSofia team reveals another group of industry heavyweights joining and supporting the event.
#ETHSofia Attracts Top-Notch Partners,
Three massive crypto companies join the ETHSofia Conference as Platinum Partners. The world’s largest digital assets exchange Binance, the Layer-1 blockchain for Real-World Assets (RWAs) tokenization MANTRA, and the decentralized infrastructure for cross-chain settlement THORChain are taking ETHSofia to the next level with the CEO of Binance France David Prinçay, MANTRA’s CEO and co-founder John Patrick Mullin, and THORChain’s Founder JP Thor all landing in Sofia this October. Thus, ETHSofia became the first ETH community event in the region supported by Binance.
And that’s not all. Ethereum-based modular lending platform Euler, which just launched its v2, and distributed ETH re/staking network SSV are joining as partners to the event. Tech talent recruiter Remote IT World will be there too to scout for IT talent, while the international crypto ATM provider Bitomat is bringing a crypto ATM with 0-fee ETH purchase and withdrawals enabled.
THORChain and Euler also extend their support to the ETHSofia Hackathon, targeting Bulgaria’s next generation of blockchain innovators. The fast, secure, and affordable Layer-1 chain Sui, the world’s largest omnichain data network for AI Chainbase, and the Blockchain and DLT Standardization initiative Seeblocks are all looking forward to meeting Bulgaria’s tech talent for the first time ever.
The Speaker Line-Up of Every Degen’s Dreams,
ETHSofia’s inaugural edition will present some of the crypto space’s true key opinion leaders. The Bulgarian audience will have the unique chance to hear from Lyn Alden, Founder of Lyn Alden Investment Strategy and author of “Broken Money”, Michael Bentley, Co-Founder of Euler Labs, Luki Song, core contributor at Chainbase, Nexo’s Head of Communications Eleonor Genova, Director of Brand Marketing Dimitar Stalimirov, and VP of Engineering Nikolay Angelov. The list goes on with Grayson Ho, Senior Mobile Engineer at Zerion, Josip Vlah, co-founder of ICP HUB Bulgaria, Anthurine Xiang, Co-Founder and CMO of ETHStorage, TN Lee, CEO of Pendle, Koray Koska, CEO of ether.fi Cash, Zota’s CIO Alex Behar, Karpatkey’s Ivan Fartunov, Alex Lipton, BD at SSV Labs, Amplice, BD at Gearbox, Aron Soon, JS developer at Swarm, Dr. Jonathan Galea, partner at crypto regulatory consultancy BCAS, and Mark Cachia, CIO at Scytale Digital.
Finally, BeInCrypto’s Lejla Muratcaus Blagojevic, Ambire’s Ivan Manchev, and Input’s Stella Friaisse will assume the roles of ETHSofia Conference and Hackathon MCs.
Check out the previous( announcements) from the ETHSofia team here and here to get a sense of the event’s full scope.

#Hamster Kombat (HMSTR), a popular crypto game, is now listed on INDODAX and is available on The Open Network (TON). This unique game allows players to mine Hamster coins by running a virtual crypto exchange.
Since its launch in March 2024, Hamster Kombat has attracted over 300 million players, following the success of Notcoin. In Hamster Kombat, you take on the role of a hamster CEO, where your goal is to grow your exchange by investing in marketing, acquiring licenses, and launching new products.
The game combines fun and strategy, offering a dynamic gaming experience. A special airdrop is scheduled for September 26, 2024, which will distribute tokens to players.
To boost player engagement, the game features daily promotions where players can earn 5 million free Hamster coins by upgrading certain items. With 60% of the HMSTR token supply allocated for airdrops and collaborations with major players in the crypto and gaming sectors, Hamster Kombat provides a secure and decentralized gaming environment.
Kombat (HMSTR) offers a fun and engaging way to dive into the crypto world, appealing to both gamers and investors. Its rapid growth and innovative" gameplay make it a standout in the crypto gaming space.

XRP price is consolidating below the $0.600 barrier. The price could surge if it settles above $0.600 or start another major decline.
#XRP Price Eyes Key Upside Break
In the past two weeks, XRP price mostly saw positive moves. It started a decent increase from the $0.5043 low and climbed above the $0.5500 resistance zone. The bulls pushed the price above $0.5650 and the 50-day simple moving average (blue).
#XRP price tried to settle above $0.600, but it struggled near the 76.4% Fib retracement level of the key decline from the $0.6319 swing high to the $0.5043 low. There is also a major contracting triangle forming with resistance at $0.600 on the daily chart.
Recently, Ripple shared details of its annual flagship event ‘Swell 2024’. It draws the brightest minds and leaders across payments and financial services.
The current price action suggests that the price is consolidating below the $0.600 resistance and above the 50-day simple moving average (blue). It seems to be setting up for the next move in the coming days.
Immediate resistance is near the $0.600 level and the triangle’s trend line. A close above the triangle resistance could open the doors for a fresh surge.
The next key barrier sits near the $0.6320 level. A convincing move and close above the $0.6320 resistance zone could send the price toward the $0.6620 level. Any more gains might open the doors for a test of $0.700.
Another Drop?
Conversely, XRP price might fail to settle above $0.60 and react to the downside. Immediate support is near the $0.5680 level and 50-day simple moving average (blue). A downside break below the $0.5680 support might call for a drop toward the $0.5450 support or the triangle’s lower trend line.
The next major support is - seen near the $0.5050 level, below which the price could test $0.500 support. Any more losses might send the price toward the $0.4620 level or even $0.4330.
Overall, #XRP price is eyeing a key upside break above $0.600. If the bulls succeed, the price could surge 15%-20%. If not, it might trim gains and revisit $0.5050 in the coming weeks.

How many #hamster tokens did you get?

While the launch is just a week away, the HMSTR token price prediction has become a topic of speculation among players. Especially after the pre-market trading announcement by Bybit on July 8, 2024. Bybit offered traders early access to secure HMSTR tokens before the official listing.
According to Bybit’s data, pre-market trading prices fluctuated between $0.001 and $0.10 per token. This range reflects early market sentiment but Bybit also clarified that pre-market trading prices might not be an exact indicator of the token’s final listing price.
Considering this data, HMSTR’s launch price could settle within the $0.10 to $0.30 range, though this may vary based on market dynamics and how players and traders respond once the token is officially listed. If demand is high following the airdrop, there’s potential for a short-term surge in price. Besides this, it is also expected to have higher volatility due to involvement of millions of players worldwide.
Following are some factors that could influence the official listing price of HMSTR:
Market Demand: The interest in Hamster Kombat’s play-to-earn model is expected to drive early demand for the token. If trading volumes surge after the airdrop, we could see a price increase.
HMSTR Token Supply: The total supply of HMSTR tokens remains unknown, which could significantly impact the price depending on how many tokens are in circulation once the" airdrop is complete.
Pre-Market (Trading Impact): Although pre-market prices ranged from $0.001 to $0.10, analysts predict that the official listing price could settle within the $0.10 to $0.30 range, depending on market sentiment and early adoption.

(Fundamental Analysis)
Fundamental analysis is one of the true cornerstones of investing and it can be applied to all asset classes. It looks at what causes price to move up or down and uses this to anticipate and profit from future price moves. It can be used to analyze a national economy by examining areas like gross domestic product, employment, inflation and the monetary policy of a central bank. It can be used to analyze an individual company by examining its financial statements like assets, liabilities and earnings as well as its management and competition.
Fundamental analysis can also be applied to whole industries by examining the drivers of supply and demand. There are many different fundamental trading and investment strategies and most of them try to determine the fair value of an instrument by analyzing the underlying drivers "of price. If the current market price of an instrument differs significantly from this -fair value, it will eventually gravitate towards it, as long as none of the fundamental drivers change.

#Celo recorded a remarkable price spike within an hour after Ethereum’s Vitalik Buterin gave the project a positive endorsement.
Notably, in a post this morning, Buterin highlighted how Celo’s work aligns with Ethereum’s mission to improve access to financial services globally.
His comment came in response to a previous report from Artemis, which confirmed last week that Celo Celo

0.01%
Celo overtook Tron in stablecoin usage, specifically in daily active addresses.
This came after Tether announced plans to launch USDT on Celo six months back. Interestingly, the disclosure from Tether came after a similar announcement from Circle to introduce USDC on Celo in January.
Buterin’s latest support led to a spike in Celo’s price this morning, with a 19% surge within an hour pushing the token to a three-month high of $0.6552 before facing rejection. However, the hourly candle still closed with a 13% gain.
Celo is up 15% in the past 24 hours and is trading at $0.6119 at the time of writing. Its weekly gains currently stand at 34.45%, translating to a surge in market cap to $338.9 million. Celo’s daily trading volume has also skyrocketed by 511% to $99 million.
At the current position, Celo is trading above the Ichimoku Cloud, a classic signal of a bullish trend. In the Ichimoku Cloud, the conversion line (Tenkan-sen) stands at $0.5455, representing a key short-term support level.
Meanwhile, the baseline (Kijun-sen) has risen to $0.5225. The current price above these levels points to ongoing bullish momentum, especially as the lagging span A (Senkou Span A) at $0.5339 is also providing upward support.
However, the Williams % Range dropped to negative 19.24. While this confirms that the bulls have seized control, it suggests that the market is nearing overbought levels but has not quite reached an extreme.
Despite the bullish price action, the rejection from the $0.6552 high shows there is some selling pressure. The key levels to watch will be the support provided by the Ichimoku Cloud and the resistance around the recent peak.

IoTeX, Polygon Partner to Enhance DePIN Adoption with AggLayer
The integration will leverage AggLayer’s cross-chain communication and liquidity-sharing functions to allow IoTeX-based projects to issue rewards and to give users more choices to settle a transaction on their preferred blockchain.
The company is integrating with AggLayer to extend cross-chain capabilities, unlocking new liquidity and scaling opportunities for DePIN projects. This partnership provides the connecting layer across various ecosystems, empowering DePIN projects to thrive in a multichain environment.
AggLayer is an interoperability layer currently under development by Polygon Labs and others, offering unified liquidity and security across blockchains. Polygon was recently chosen as one of the top Ethereum L2 projects for 2024, known for its robust and scalable solutions for Ethereum transactions.
AggLayer uses zero-knowledge proofs so that problems in one chain do not bleed into the funds or operations of other chains. Zero-knowledge is the concept whereby a party can prove to another party that something is indeed the case without necessarily showing them the data behind that fact. This increases privacy and security for blockchain transactions.
The important thing to underline is that all the above-mentioned possible utilities depend upon community consensus. In every moment, Polygon ensured that this expansion of POL’s functionality, especially inside the AggLayer, is made according to the will and consent of the community.
In July, the company released an IoTeX 2.0 white paper, stating the tech stack would be composed of composable modules and a unified trust layer to take DePIN adoption one notch higher. Such a stack shall be underpinned by a token economy linking DePIN dApps, Layer 2 chains, and devices. Infrastructure shall allow developers to easily integrate with AggLayer, which will enable users to engage with DePIN applications built on different blockchains.
Fueling DePIN Growth
Polygon Labs announced the blockchain aggregation layer in January this year for aggregating several chains into one to offer aggregated liquidity across chains.
Among projects utilizing or set to utilize the Polygon Content Deployment Kit, generally known as the Polygon CDK, to build their Layer 2s and bridge into AggLayer, are OKX’s X Layer, Immutable, Astar, Canto, Palm Network, Aavegotchi, IDEX, Nubank, and Manta Network, in addition to Polygon’s own PoS chain.
In July, Movement became the first Move-based network to be admitted into AggLayer on its quest to fill the interoperability gap between the Move and( EVM) ecosystems.
Just last week alone, crypto hardware maker Fabric Cryptography announced a deal with Polygon Labs to bring its bespoke ZK chips into the AggLayer ecosystem.
A number of projects in the Polygon ecosystem have already been leveraging IoTeX’s infrastructure, such as the geospatial data network Geodnet, and vehicle data monetization platform Dimo.