Top News
1.Altcoin sector rallies, DOG•GO•TO•THE•MOON surges over 10% in 24 hours
2.Upbit to list Injective (INJ) in KRW, USDT markets
3.deBridge governance token DBR airdrop is now open for claiming
4.Animoca Brands plans to buy back more WATCoin from the open market
Trending Topics
Source: Overheard on CT (tg: @overheardonct), Kaito
$XRP: Today's XRP discussions mainly revolved around several major developments. Ripple announced the launch of its USD-pegged stablecoin RLUSD, and partnered with major exchanges like Uphold, Bitstamp and MoonPay, pending regulatory approval. Meanwhile, Grayscale filed an application to convert its Digital Large Cap Fund (which includes XRP) into an ETF, further boosting market attention. Additionally, Ripple's strategic initiatives and partnerships highlighted at the Swell conference also contributed to the positive market sentiment around XRP.
$LTC: Today's discussions around Litecoin (LTC) focused on Canary Capital's filing of a Litecoin ETF application with the US SEC. This news sparked heated discussions on Twitter and generated positive market sentiment. The application closely followed Canary's recent XRP ETF filing, seen as a potential catalyst for increased institutional interest in Litecoin. After the announcement, LTC's social engagement, trading volume and price performance all saw significant increases, making it a focal point in the crypto market today.
Polymarket: Today's discussions around POLYMARKET centered on the significant betting activity related to the upcoming US presidential election, particularly around the controversy over Donald Trump's winning chances. A reported entity is said to have placed a large bet on Trump, sparking discussions about market manipulation and its impact on public opinion. Additionally, the discrepancies between POLYMARKET's odds and other prediction models, especially in terms of accuracy, have also been hotly debated. Meanwhile, POLYMARKET's integration with Pyth Network and its role in the crypto ecosystem have also drawn attention.
Threads & Tweets
1.Unichain: The persistent axis between LPs and Ethereum, as well as the potential axes of other L2s,@salveboccaccio
2.Interpretation of the crypto industry report released by a16z,@DarenMatsuoka
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Top Gainers & Losers
Token price movements on October 17, filtered and ranked by trading volume
Top Gainer
1.$GOAT
2.$CHEEMS
3.$IQ
Top Loser
1.$REEF
2.$MOODENG
3.$RDNT
On-Chain Data
On-chain fund flow on October 17
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