How much key market intelligence did you miss on October 8?

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Featured News

1. Binance will list Scroll (SCR) on Launchpool and pre-market trading

2. A-shares opened with the Shanghai Composite Index up 10.13% and the Shenzhen Component Index up 12.67%.

3. Len Sassaman’s widow denies the speculation that “Len Sassaman is Satoshi Nakamoto”

4. The Meme token AAA on the SUI chain rose by more than 26% in 24 hours, with a market value of 24.2 million US dollars

5. SNAP, a meme coin on the Ethereum chain, has risen by 146% in the past hour, and its market value has exceeded 3 million US dollars in a short period of time

Trending Topics

Source: Overheard on CT (tg: @overheardonct), Kaito

Polymarket : Polymarket has received a lot of attention today for its role in predicting political outcomes and the upcoming HBO documentary about Satoshi Nakamoto. Discussions highlighted the platform’s prediction of Donald Trump ahead of Kamala Harris, which some attributed to large bets from pro-Trump investors. The platform’s transparency and use of blockchain technology were praised, while others questioned the impact of the narrative and potential manipulation. Additionally, the HBO documentary sparked interest in Polymarket’s betting markets, with Nick Szabo emerging as the front-runner identified as Satoshi Nakamoto.


$SUI
: SUI has gained significant traction on Twitter, with discussions highlighting its potential to dominate the current bull run, similar to Solana in 2021. The token’s price has surged above $2 and is expected to grow further. Key factors driving this interest include its increasing liquidity, a strong developer ecosystem, and the rise of memecoins on the SUI network. Worthy of mention is Bybit’s introduction of SUI as its first native token pool, as well as the network’s impressive growth in daily active users and total value locked.


$FTT
: FTT has emerged as the biggest winner in today’s crypto discussion as a U.S. judge approved FTX’s bankruptcy plan, clearing the way for a $16 billion repayment to creditors. The decision sparked optimism in the crypto community, with many speculating that the repayments could lead to increased market liquidity. The plan includes repaying crypto customers in full in cash and interest, though some were disappointed that the repayments were not in crypto. The news caused FTT prices to surge, reflecting positive sentiment and anticipation of potential market impacts.

Threads & Tweets

1. Analysis of the current stage of the crypto market combined with macro data @BobEUnlimited

2. Analysis of Ethereum MOODENG, which was driven up by Vitalik’s selling. @Michael_Liu93

3. The views of the Chinese crypto community on Twitter on A-shares. @FC_0X0

Featured Articles

1.《 What's behind Trump\s surge in prediction markets?

@NateSilver538

2. Player vs Player

Arthur Hayes

Biggest gainers & losers

Token volatility on October 8, sorted by trading volume

Top Gainer

1. $MOODENG

2. $SPX

3. $WING

Top Loser

1. $POPCAT

2. $CVC

3. $EGP

On-chain data

On-chain fund flows on October 8

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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