🚀 Bull Market Countdown: 20 Days to Go! 🚀
According to recent analysis, the long-awaited bull market in the cryptocurrency world might be just around the corner, with predictions suggesting it could start in the next 20 days. This forecast is based on historical patterns observed in Bitcoin’s previous halving cycles.
Key Insights:
Historical Patterns: Crypto analyst Quinten François highlights a recurring pattern in Bitcoin’s cycles. Historically, Bitcoin’s bull markets tend to begin approximately 170 days after a halving event. Given that the latest halving occurred nearly 150 days ago, we might be on the brink of a significant market shift.
Price Levels to Watch: Key price levels identified by analysts include $62,000, $55,000, and $43,000. These levels are expected to act as future resistance and support zones for Bitcoin.
Expert Opinions: Renowned crypto expert Lark Davis emphasizes the impressive quarterly returns seen in the years following previous halvings (2016 and 2020). He suggests that if history repeats itself, Bitcoin could see substantial gains this year.
Market Sentiment: The sentiment in the crypto community is cautiously optimistic. Analysts believe that the upcoming bull market could bring unprecedented profits, potentially surpassing previous records.
Conclusion:
With the potential bull market just 20 days away, now might be the perfect time for investors to prepare. Keep an eye on the key price levels and stay informed about market trends to make the most of this anticipated market shift.
Stay tuned for more updates and happy investing! 🚀📈

Top 3 Cryptocurrencies with the Highest Growth Potential by the End of 2024
As we approach the end of 2024, the cryptocurrency market continues to evolve, presenting numerous opportunities for investors. Here are the top three cryptocurrencies with the highest growth potential:
1. Ethereum (ETH)
Ethereum remains a powerhouse in the crypto world, primarily due to its robust ecosystem and continuous innovation. The anticipated reduction in transaction costs and the growing popularity of decentralized applications (dApps) are key drivers for its potential growth. Ethereum’s recent upgrades aim to enhance scalability and efficiency, making it a preferred choice for developers and investors alike. Currently, Ethereum is valued at approximately $2,295.39, with predictions suggesting it could reach new heights by the end of the year.
2. Solana (SOL)
Solana has garnered significant attention for its high throughput and low transaction costs, making it a strong contender in the DeFi sector. Its ability to process thousands of transactions per second has attracted numerous projects and investors. Solana’s price has shown resilience, with bullish signals indicating a potential rally to $1623. As of now, Solana is trading around $129.54, with expectations of further growth as the ecosystem expands.
3. Polygon (MATIC)
Polygon continues to strengthen its position as a leading Layer 2 scaling solution for Ethereum. Its ability to offer faster and cheaper transactions has made it a popular choice for smart contracts and decentralized applications. The increasing adoption of Layer 2 solutions is expected to drive Polygon’s growth. Currently, Polygon is valued at around $0.72, with forecasts suggesting it could see significant appreciation in the coming months.
These cryptocurrencies are well-positioned to capitalize on the evolving market dynamics and technological advancements. Investors should keep an eye on these assets as they navigate the crypto landscape.

Top 5 Cryptocurrencies with the Largest Declines
The cryptocurrency market has experienced significant volatility over the past 24 hours. Here are the top 5 cryptocurrencies that have seen the largest declines:
Neiro on ETH (NEIRO): NEIRO has experienced a sharp decline of 21.3%. Currently, the price of NEIRO is $0.075631 with a 24-hour trading volume of $178.33M1. The market cap stands at $0.00, indicating a significant drop in investor confidence.
Fwog (FWOG): FWOG has fallen by 19.9%. The current price is $0.092595 with a 24-hour trading volume of $6.54M2. Despite the decline, FWOG remains a notable player in the market.
Apu Apustaja (APU): APU has decreased by 14.4%. The price is currently $0.0002036 with a 24-hour trading volume of $5.81M3. APU’s market cap is $66.21M, reflecting its substantial presence in the market.
Orderly Network (ORDER): ORDER has seen a decline of 12.5%. The current price is $0.197244. Orderly Network continues to be a significant player in the DeFi space despite the recent drop.
Smoking Chicken Fish (SCF): SCF has dropped by 13.1%. The price is $0.0712 with a 24-hour trading volume of $10.97M5. SCF’s market cap is currently $0.00, indicating a volatile market position.
These declines highlight the inherent volatility of the cryptocurrency market. Investors should stay informed and exercise caution when trading.

Top 5 Cryptocurrencies with the Highest Growth in the Last 24 Hours
Celestia (TIA)
Growth: 8.1%
Current Price: $4.19
Market Cap: $878.70M
Trading Volume: $85.85M
Circulating Supply: 209.87M TIA
Overview: Celestia is a modular data availability network that simplifies the process of launching blockchains, enhancing scalability, flexibility, and interoperability.
Origin Token (OGN)
Growth: 7.9%
Current Price: $0.08107
Market Cap: $49.41M
Trading Volume: $7.14M
Circulating Supply: 610.04M OGN
Overview: Origin Token is the governance and value-accrual token for Origin’s DeFi ecosystem, allowing users to stake OGN for rewards and participate in governance.
Fwog (FWOG)
Growth: 19.9%
Current Price: $0.06298
Market Cap: $60.84M
Trading Volume: $8.27M
Circulating Supply: 975.64M FWOG
Overview: Fwog is a meme coin on the Solana blockchain, known for its high volatility and community-driven growth.
Ekubo Protocol (EKUBO)
Growth: 17.6%
Current Price: $1.97
Market Cap: $19.74M
Trading Volume: $14.31K
Circulating Supply: 10M EKUBO
Overview: Ekubo Protocol is a DeFi platform that focuses on providing liquidity and staking solutions, with a significant amount of total value locked (TVL) in its ecosystem.
Neiro on ETH (NEIRO)
Growth: 21.3%
Current Price: $0.1321
Market Cap: $18.79M
Trading Volume: $84.03M
Circulating Supply: 420.69B NEIRO
Overview: Neiro on ETH is a play-to-earn token on the Ethereum blockchain, gaining popularity for its integration with gaming and NFT platforms.
These cryptocurrencies have shown impressive growth, reflecting the dynamic nature of the crypto market. Always do your own research before investing!

GPT
Exploring Binance Coin (BNB): A Comprehensive Overview
Introduction
Binance Coin (BNB) is the native cryptocurrency of Binance, one of the world’s largest crypto exchanges. Since its launch in 2017, BNB has expanded significantly in value and utility, playing a major role in the cryptocurrency ecosystem.
Launch and Initial Offering
BNB was introduced through an Initial Coin Offering (ICO) in 2017, raising around $15 million. It was originally offered at 1 ETH for 2,700 BNB or 1 BTC for 20,000 BNB. The funds helped establish the Binance platform.
Unique Features
Utility on Binance: Initially, BNB offered trading fee discounts on the exchange.Binance Smart Chain (BSC): Launched in 2020, BNB’s utility expanded to BSC, which supports decentralized applications (dApps) and smart contracts. BNB is used for transaction fees on BSC.Token Burns: Binance regularly burns portions of BNB, reducing its supply and creating a deflationary effect aimed at increasing value.
Price History
BNB has shown impressive growth:
2017-2018: From about $0.10 during the ICO, BNB reached $24 by early 2018.2021: BNB saw a massive spike, reaching over $600 in May 2021, driven by Binance Smart Chain’s success.2023-2024: Despite market fluctuations, BNB has stabilized around $300-$400, showing continued resilience.
Conclusion
Binance Coin has evolved from a utility token to a core element of the Binance ecosystem, with its role in BSC and token burns contributing to its sustained growth. BNB’s multi-purpose use ensures its prominence in the crypto world.

Investors Eye Breakthrough: BNB Could Reach $645.90
Recent analysis suggests that Binance Coin (BNB) is on the verge of a significant price surge. Despite a recent period of sideways movement, investors remain optimistic about BNB’s potential. The cryptocurrency has been consolidating between $546 and $560, with a bullish divergence forming on the Chaikin Money Flow (CMF) indicator, indicating increasing buying pressure.
The current sentiment among traders is bullish, with a positive long-to-short ratio of 1.04. This suggests that more traders are opening long positions, anticipating a price increase. If BNB can break out of its current range and surpass the $560 resistance level, the next target would be $598. Successfully breaching this level could propel BNB to a three-month high of $645.90.
However, if BNB fails to maintain its upward momentum, it risks falling back to the support level at $468.90, which would invalidate the bullish outlook. As of now, BNB is trading at around $546, having lost just over 2% in the past 24 hours but gained more than 8% over the past week.
Investors are closely watching BNB’s performance, hoping for a breakout that could lead to substantial gains. The positive market sentiment and technical indicators suggest that BNB has the potential to reach new heights, provided it can overcome the immediate resistance levels.
Stay tuned for more updates on BNB’s price movements and market trends.

Crypto Whales Accumulate TON, FET, and ETH
This week, the cryptocurrency market saw a modest growth of 3% in total market capitalization. Amid this optimism, large investors, known as whales, have been accumulating specific altcoins: Toncoin (TON), Ethereum (ETH), and Fetch.ai (FET).
Toncoin (TON): The price of Toncoin surged by 16% over the past week, reaching $5.55. This increase followed a statement from Telegram CEO Pavel Durov regarding his recent arrest in France. The number of addresses holding between 1,000 and 100,000 TON reached a 30-day high of 1,219, indicating significant whale activity.
Ethereum (ETH): Ethereum saw a 109% increase in net inflow from large holders, who own more than 0.1% of the circulating supply. Despite the lackluster price movement, whales continued to accumulate ETH, suggesting confidence in its long-term potential. If this trend continues, ETH could break through the $2,386 resistance level and aim for $2,783.
Fetch.ai (FET): FET’s price jumped by 25% this week, driven by news that OpenAI plans to raise $6.5 billion in funding. The number of addresses holding between 10,000 and 1,000,000 FET grew by 11%, reaching a record high of 763 wallets.
Overall, the accumulation of these altcoins by whales reflects a growing optimism in the market. As always, it’s essential to conduct thorough research before making any investment decisions.

Top 5 Cryptocurrencies with the Largest Decline in the Last 24 Hours
The cryptocurrency market is known for its volatility, and the past 24 hours have been particularly rough for several coins. Here are the top 5 cryptocurrencies that experienced the most significant drops:
Neiro on ETH (NEIRO):
Decline: 21.3%Market Cap: $192,010,15824-Hour Trading Volume: $82,707,530Circulating Supply: 1,000,000,000 NEIROOverview: Neiro on ETH is a meme coin on the Ethereum blockchain. Despite its recent popularity, it has seen a sharp decline, reflecting the unpredictable nature of meme coins1.
Fwog (FWOG):
Decline: 19.9%Market Cap: $60,840,98324-Hour Trading Volume: $8,266,829Circulating Supply: 975,635,328 FWOGOverview: Fwog is another meme coin, this time on the Solana blockchain. Its recent drop highlights the volatility often associated with meme coins2.
Apu Apustaja (APU):
Decline: 14.4%Market Cap: $66,206,89024-Hour Trading Volume: $5,814,300Circulating Supply: 330,000,000,000 APUOverview: Apu Apustaja, a meme coin on the Ethereum blockchain, has also faced a significant decline. Despite its large circulating supply, it has struggled to maintain its value3.
Orderly Network (ORDER):
Decline: 12.5%Market Cap: $27,755,56224-Hour Trading Volume: $23,847,914Circulating Supply: 174,000,000 ORDEROverview: Orderly Network is a decentralized finance (DeFi) project on the Ethereum blockchain. Its recent decline could be attributed to broader market trends affecting DeFi tokens4.
Smoking Chicken Fish (SCF):
Decline: 13.1%Market Cap: $33,787,78024-Hour Trading Volume: $2,606,636Circulating Supply: 999,915,531 SCFOverview: Smoking Chicken Fish is a meme coin on the Solana blockchain. Its significant drop reflects the high volatility and speculative nature of meme coins5.
These declines serve as a reminder of the inherent risks in the cryptocurrency market, especially with meme coins and newer projects. Investors should always conduct thorough research and consider the volatility before investing.

Top 5 Cryptocurrencies with the Highest Growth (September 14-15, 2024)
The cryptocurrency market has seen significant movements over the past few days. Here are the top five cryptocurrencies with the highest growth rates:
Celestia (TIA)
Growth: 8.1%Current Price: $4.19Market Cap: $878.70MOverview: Celestia is a Layer 1 blockchain platform focused on providing scalable and efficient smart contract solutions. Its recent price increase can be attributed to positive market sentiment and strategic developments within its ecosystem1.
Origin Token (OGN)
Growth: 7.9%Current Price: $0.08107Market Cap: $55.16MOverview: Origin Protocol aims to bring NFTs and DeFi to the masses. The recent growth in OGN’s price is likely due to increased interest in its NFT marketplace and DeFi products2.
Ekubo Protocol (EKUBO)
Growth: 17.6%Current Price: $1.97Market Cap: Not specifiedOverview: Ekubo Protocol is optimized for the Starknet network, offering low gas fees and high capital efficiency. Its significant price increase is driven by its unique value proposition and growing adoption3.
Fwog (FWOG)
Growth: 19.9%Current Price: $0.06298Market Cap: $60.84MOverview: Fwog is a meme coin on the Solana blockchain. Its recent surge in price is likely due to increased trading volume and community engagement4.
Neiro on ETH (NEIRO)
Growth: 21.3%Current Price: $0.192Market Cap: $192.01MOverview: Neiro is a meme coin based on Ethereum, gaining rapid popularity due to its strong community support and recent listings on major exchanges5.
These cryptocurrencies have shown impressive growth, reflecting the dynamic and ever-evolving nature of the crypto market. Investors should keep an eye on these assets as they continue to develop and potentially offer new opportunities.

Bitcoin has once again crossed the $60,000 mark, and according to crypto analyst Rajat Soni, this time is different. Soni highlights that institutional investors are now driving the market, ready to buy everything retail investors want to sell. This shift in market dynamics suggests a more stable and sustained growth for Bitcoin.
Historically, September has been a challenging month for Bitcoin, often marked by underperformance. However, this year, Bitcoin is defying the trend. The cryptocurrency has been consolidating above $50,000 for over six months, a level it struggled to maintain in the past when retail investors dominated the market.
Soni warns that those selling now might have to pay significantly more to buy back the same amount of Bitcoin later. This sentiment is echoed by other analysts who believe that Bitcoin’s current rally has more room to grow. The increasing interest from institutional investors is a strong indicator of this potential.
Bitcoin’s market dominance is also on the rise, currently standing at 57.80%. This dominance, coupled with the positive technical indicators, suggests that Bitcoin might close September in the green, a rare occurrence historically.
In summary, Bitcoin’s recent surge past $60,000 is driven by institutional interest, marking a significant shift from previous rallies. This change in market dynamics could lead to more sustained growth and stability for the cryptocurrency.

Catizen (CATI) Token Analysis and Price Forecast
Current Price: As of now, the price of the CATI token is approximately $0.5294.
Short-term Forecast (2024): The price is expected to fluctuate between $0.2752 and $0.6723, with an average price around $0.5294. This indicates that short-term investments might be risky, as there could be minor losses.
Mid-term Forecast (2025): By 2025, the price could range from $0.4987 to $0.6729, with an average price around $0.6008. This suggests moderate growth, making the token more attractive for mid-term investors.
Long-term Forecast (2030): By 2030, the price could reach $0.9534, representing significant growth from the current price. This makes CATI a promising asset for long-term investments.
Factors Influencing the Price
Game Popularity: An increase in the number of users and active players can positively impact the token’s price.
Partnerships and Listings: New partnerships and listings on major exchanges like Binance can drive price growth.
Updates and New Features: Introducing new game mechanics and features can attract more users and investors.
If you have any more questions or need additional information, feel free to ask!

Bitcoin Price Analysis: Last 7 Days
Over the past week, Bitcoin (BTC) has experienced notable volatility. Starting at around $57,988 on Thursday, the price saw a significant dip to $53,923 on Saturday1. This drop of approximately 3.9% within 24 hours was the largest movement observed during the week1.
Despite this fluctuation, Bitcoin managed to recover slightly, trading at around $58,224.74 by Monday2. The mid-week saw another dip, with prices hovering around $57,131.963. This period of instability reflects the broader market sentiment and ongoing regulatory discussions impacting the cryptocurrency market.
Overall, Bitcoin’s price movements this week highlight the inherent volatility of the cryptocurrency market, emphasizing the need for investors to stay informed and cautious.

Top 5 Cryptocurrencies with the Largest Drops in the Last 24 Hours
THORChain (RUNE): Decreased by 2.99%
Current Price: $3.55
Market Cap: $1.19B
24-Hour Trading Volume: $173.31M
About: THORChain is a decentralized liquidity protocol that allows users to swap assets across different blockchains without losing custody of their assets.
Optimism (OP): Decreased by 1.55%
Current Price: $1.41
Market Cap: $1.68B
24-Hour Trading Volume: $113.90M
About: Optimism is a layer 2 scaling solution for Ethereum, designed to improve transaction speed and reduce costs by processing transactions off the Ethereum mainnet.
Bitcoin SV (BSV): Decreased by 1.37%
Current Price: $45.47
Market Cap: $960.43M
24-Hour Trading Volume: $33.16M
About: Bitcoin SV aims to fulfill the original vision of Bitcoin as outlined by Satoshi Nakamoto, focusing on scalability and stability for enterprise-level applications.
Internet Computer (ICP): Decreased by 1.16%
Current Price: $7.78
Market Cap: $3.65B
24-Hour Trading Volume: $85.63M
About: Internet Computer is a blockchain platform designed to run at web speed with unlimited capacity, aiming to revolutionize the way internet services are built and operated.
Dogwifhat (WIF): Decreased by 1.11%
Current Price: $1.68
Market Cap: $1.68B
24-Hour Trading Volume: $402.73M
About: Dogwifhat is a meme coin that has gained popularity due to its unique branding and community support. It is known for its high volatility and speculative nature.

Top 5 Cryptocurrencies with the Highest Growth in the Last 24 Hours
Aleph.im (ALEPH)
Growth: 18.3%Overview: Aleph.im is a decentralized network focused on providing secure storage and computing services. It aims to offer a decentralized alternative to traditional cloud services, ensuring data privacy and security.
Clearpool (CPOOL)
Growth: 18.2%Overview: Clearpool is a decentralized capital markets ecosystem. It allows institutions to borrow unsecured liquidity directly from the DeFi ecosystem, providing a transparent and efficient way to access capital.
Cetus Protocol (CETUS)
Growth: 17.7%Overview: Cetus Protocol is a decentralized exchange (DEX) built on the Sui blockchain. It focuses on providing fast and secure trading with low fees, leveraging the unique features of the Sui network.
Sui (SUI)
Growth: 17.7%Overview: Sui is a high-performance blockchain designed for decentralized applications. It offers scalability and low latency, making it an attractive platform for developers looking to build efficient and scalable dApps.
KOALA AI (KOKO)
Growth: 17.1%Overview: KOALA AI is a blockchain-based AI platform that aims to democratize access to AI technology. It provides tools and resources for developers to create and deploy AI applications on the blockchain.
These cryptocurrencies have shown significant growth in the last 24 hours, reflecting their potential and the interest they are generating in the market. Keep an eye on these projects as they continue to develop and innovate in their respective fields.

Top 3 AI Tokens of the Week
This week has been remarkable for AI tokens, with three standout performers: NodeAI (GPU), Bittensor (TAO), and Aleph.im (ALEPH).
NodeAI (GPU): NodeAI, a decentralized platform providing access to AI and GPU resources, saw its token price surge by 26%. This growth was fueled by news of OpenAI’s plans to raise $6.5 billion, boosting its valuation to $150 billion. Despite a slight dip to $0.71, the token shows potential for further gains, possibly reaching $0.85 if the bullish momentum continues.
Bittensor (TAO): Bittensor, a decentralized machine learning protocol, experienced a 26% increase in its token price. Starting from a key support level of $231.24, TAO climbed to $288.97. With the Relative Strength Index (RSI) indicating a strong bullish trend, TAO could potentially rise to $312.17, provided the momentum is maintained.
Aleph.im (ALEPH): Aleph.im, focused on decentralized file storage and identification, saw its token price jump by 28%. Currently priced at $0.16, ALEPH benefits from strong bullish indicators and positive market sentiment. If the trend persists, ALEPH could reach $0.23, though a decrease in buyer interest might push it back to $0.13.
These tokens have shown significant growth due to positive developments and market trends, making them ones to watch in the AI crypto space.

Top 5 Cryptocurrencies with the Biggest Losses in the Last 24 Hours
In the ever-volatile world of cryptocurrencies, market fluctuations are a common occurrence. Over the past 24 hours, several cryptocurrencies have experienced notable declines. Here are the top five that have seen the most significant losses:
THORChain (RUNE) - 2.99% Decrease
Overview: THORChain is a decentralized liquidity protocol that allows users to swap assets across different blockchains without losing full custody of their assets. It aims to make cross-chain liquidity accessible and efficient.
Recent Performance: The recent dip in RUNE’s value can be attributed to broader market trends and potential shifts in investor sentiment.
Optimism (OP) - 1.55% Decrease
Overview: Optimism is a layer-2 scaling solution for Ethereum, designed to improve transaction speeds and reduce costs. It leverages optimistic rollups to achieve these goals.
Recent Performance: Despite its innovative technology, OP has faced a slight decline, possibly due to market corrections and profit-taking by investors.
Bitcoin SV (BSV) - 1.37% Decrease
Overview: Bitcoin SV (Satoshi Vision) is a hard fork of Bitcoin Cash, aiming to restore the original Bitcoin protocol and focus on scalability and transaction speed.
Internet Computer (ICP) - 1.16% Decrease
Overview: Internet Computer is a blockchain project by the DFINITY Foundation, aiming to extend the functionality of the public internet so it can host backend software, transforming it into a global computing platform.
Dogwifhat (WIF) - 1.11% Decrease
Overview: Dogwifhat is a lesser-known cryptocurrency that has recently gained attention. It is part of the meme coin trend, similar to Dogecoin and Shiba Inu.
These cryptocurrencies have shown the most significant losses in the past 24 hours, reflecting the dynamic and often unpredictable nature of the crypto market. Investors should stay informed and consider these fluctuations when making investment decisions.

Top 5 Cryptocurrencies with the Highest Growth in the Last 24 Hours
The cryptocurrency market is always full of surprises, and the last 24 hours have been no exception. Here are the top 5 cryptocurrencies that have shown the most significant growth:
Aleph.im (ALEPH) - 18.3% Increase Aleph.im is a decentralized network that provides secure data storage and computing services. Its recent surge can be attributed to increased interest in decentralized cloud solutions.
Clearpool (CPOOL) - 18.2% Increase Clearpool is a decentralized capital markets ecosystem. The recent price hike is likely due to growing interest in decentralized finance (DeFi) platforms that offer innovative financial products.
Cetus Protocol (CETUS) - 17.7% Increase Cetus Protocol is a decentralized exchange (DEX) that focuses on providing efficient and secure trading solutions. The rise in its value reflects the increasing demand for decentralized trading platforms.
Sui (SUI) - 17.7% Increase Sui is a blockchain platform designed for high-speed transactions and scalability. Its recent growth can be linked to advancements in its technology and increased adoption by developers.
KOALA AI (KOKO) - 17.1% Increase KOALA AI is a project that integrates artificial intelligence with blockchain technology. The recent price increase is likely due to the growing interest in AI-driven blockchain solutions.
These cryptocurrencies have shown remarkable growth, driven by investor interest and favorable market conditions. Keep an eye on these projects as they continue to develop and potentially reshape the crypto landscape.

Altcoin Market Needs a Bull Run to Sustain VC Funding, Analyst Says
The altcoin market is at a critical juncture, according to a recent analysis by Will Clemente, co-founder of Reflexivity Research. Clemente argues that a “substantial bull market” is essential to prevent a significant decline in venture capital (VC) funding for altcoin projects.
Over the past six months, the dominance of altcoins, excluding the top ten cryptocurrencies, has dropped by 23.10%. This decline has raised concerns among investors and analysts about the future of altcoin funding. Clemente points out that too much capital has been allocated to funds that are now underperforming, leading to a potential funding drought unless the market sees a significant rally.
Clemente is not optimistic about the chances of such a rally, citing the large supply of altcoins entering the market. He expects a dispersion of funds rather than a concentrated investment in high-performing altcoins. This sentiment is echoed by Glassnode’s lead analyst, James Check, who believes that new crypto traders are too quick to invest in speculative assets, which could hinder a sustained market rally.
However, not all analysts share this pessimistic view. Michael van de Poppe, founder of MN Trading, remains optimistic about the altcoin market’s potential. He believes that some altcoins are showing signs of momentum and that the market could gradually accelerate upward from its current state. Similarly, the pseudonymous trader Mister Crypto argues that altcoins are undervalued and present a buying opportunity.
Bitfinex analysts also note that altcoins have remained relatively strong despite Bitcoin’s recent downturn, suggesting a shift in investor behavior.
In summary, while the altcoin market faces significant challenges, there are varying opinions on its future. A substantial bull market could revive VC funding and boost valuations, but achieving this rally remains uncertain. Investors and analysts will be closely watching the market’s movements in the coming months.

Toncoin (TON) Sees Over 50% of Supply Turn Profitable
Toncoin (TON) has recently experienced a significant surge in profitability, with over 50% of its circulating supply now in the green. This positive shift comes as the cryptocurrency market shows increasing optimism towards TON.
In the past week, Toncoin’s price has risen by 16%, reaching a current trading value of $5.54. This upward trend has led to 53% of TON tokens becoming profitable, amounting to 6.13 million tokens. The rise in profitability began after a statement from Telegram founder Pavel Durov, which boosted investor confidence.
Market sentiment around Toncoin remains bullish, with many short-term holders opting to retain their tokens rather than sell for immediate profit. This behavior indicates a strong belief in the token’s future potential.
Technical indicators also support the bullish outlook. The Moving Average Convergence Divergence (MACD) indicator shows a positive trend, with the MACD line crossing above the signal line, suggesting continued upward momentum. If this trend persists, TON could test the resistance level at $6.8.
Overall, the increasing profitability and positive market sentiment suggest a promising future for Toncoin. Investors are advised to keep an eye on this cryptocurrency as it continues to show strong growth potential.

Ethereum co-founder Vitalik Buterin has issued a stark warning to certain Layer-2 (L2) networks, predicting their failure unless they achieve significant decentralization milestones by December 2024. Buterin’s ultimatum revolves around his “stage 1+” decentralization scale, which he uses to measure the maturity of L2 rollups.
L2 rollups are crucial for improving Ethereum’s scalability by offloading data processing tasks from the main blockchain. However, Buterin emphasizes that many of these networks are still in their infancy, relying heavily on centralized control, which he refers to as "full training wheels". To be considered viable, these networks must progress to at least “stage 1,” where smart contract governance is introduced, albeit with a Security Council to handle potential bugs.
Buterin’s framework outlines three stages of decentralization for L2 rollups:
Stage 0: Full control by operators, or “full training wheels.”
Stage 1: Introduction of smart contract governance with a Security Council, or “limited training wheels.”
Stage 2: Full governance by smart contracts with a permissionless fraud-proof system, achieving "zero training wheels".
Currently, several L2 networks like Arbitrum, OP Mainnet, dYdX v3, and Zksync Lite have reached Stage 11. However, others, including Base, Blast, Scroll, Zksync Era, Linea, and Starknet, remain at Stage 0 and risk obsolescence if they do not advance.
Buterin’s message is clear: the era of centralized L2 rollups is ending, and the future belongs to those that can achieve true decentralization. This shift is essential for maintaining the integrity and scalability of the Ethereum network as it continues to grow.
For those interested in the future of Ethereum and its scalability solutions, Buterin’s insights serve as a critical guidepost. The coming months will be pivotal for many L2 networks as they strive to meet these stringent decentralization standards.