Key market intelligence on October 29, how much did you miss?

CN
3 hours ago

Selected News

  1. Zhihu x Rhythm jointly hosted roundtable "Penetrating Stablecoins" launched today, with total views reaching 25 million

  2. MegaETH public sale fundraising amount has exceeded 700 million USD, with oversubscription of 14.2 times

  3. In the past 12 hours, the entire network has liquidated 376 million USD, mainly from long positions

  4. FLM briefly surged over 30% before retreating, with a market cap currently reported at 11 million USD

  5. Binance Alpha has at least 240 points, and users can claim 2688 BOS airdrop

Selected Articles

  1. Chillhouse, the sole leader in the rise, the past and present of "Web3 Fun People"

The long-silent Solana meme has not been this lively for a long time, and it has happened in a way we could hardly imagine—Jesse Pollak, head of the Base protocol, well-known crypto KOL Cobie, Solana founder Toly, and pump.fun founder alon are all "abstracting" around a Solana meme coin. Especially with the addition of the Base camp, it feels like "breaking the taboo," which is quite unexpected for players in the current competitive environment among various chains.

  1. Will the market be best in the last two months of this year? Should we rush in now or run?

As October comes to an end, the crypto market seems to show some upward trends. Over the past two months, the word "cautious" has almost become the main theme of the crypto market, especially after experiencing the major crash in October 2021. The impact of this crash is slowly fading, and market sentiment does not seem to continue deteriorating; instead, there is new hope. Starting from late October, some signs of an upward trend are gradually emerging: net inflow data turning positive, batch approvals for altcoin ETFs, and rising expectations for interest rate cuts.

On-chain Data

On-chain capital flow situation for the week of October 28

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