How much key market intelligence did you miss on October 31?

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Selected News Highlights

1. ZEC breaks through $370, up over 6% in 24 hours.

2. ASTER shares briefly surged over 6%, pushing its market capitalization to $1.935 billion.

3. AI16Z briefly surged over 20% before retreating, with its market capitalization currently at $65.7 million.

4. KITE briefly fell over 14% in pre-market trading on Binance.

5. Binance Wallet MMT Exclusive Prime Sale Pre-TGE: 220 points required.

Trending topics

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

The following is a Chinese translation of the original text:

[MEGAETH]

MEGAETH garnered significant attention today after its initial coin offering (ICO) was a resounding success, oversubscribed 27.8 times and attracting 53,410 unique participants, raising $1.39 billion. The community is engaged in heated discussions surrounding the token distribution strategy, with many speculating on the potential impact of the 9.15% of participants choosing the 1-year lock-up option. The project is touted as a potential leading Layer 2 solution, with comparisons drawn to other L2 projects such as Base and Arbitrum. Market expectations for its Q4 2025 mainnet launch are high, and the community remains optimistic about the project's future impact on the Ethereum ecosystem.

[BINANCE]

Today's discussions surrounding Binance focused on several key topics. Binance founder CZ(CZ) responded to accusations of "selling BNB," stating that he has never sold BNB except for daily expenses. Binance Alpha will launch new airdrop events, including Kite (KITE) and Nubila Network (NB), which users can claim using Binance Alpha Points. In addition, Binance's participation in major events in the UAE and its strategic moves to integrate x402 with Pieverse also garnered attention. Meanwhile, the community also discussed Binance's trading volume and its market role, with some tweets mentioning topics related to market manipulation and market dynamics.

[MONAD]

Today's discussion about MONAD mainly revolves around the excitement and gratitude generated by the current airdrop and mystery box openings, which have significantly boosted user engagement. Many users have expressed appreciation for the unexpected economic gains and the potential of the MONAD ecosystem. The community is also speculating about the future utility of golden tickets and MONAD's impact on the entire cryptocurrency space. The community's enthusiasm and anticipation for the MONAD mainnet launch have made it one of the top projects in terms of increased attention.

[NOBLE]

NOBLE is attracting significant attention today as a financial pillar of the Cosmos ecosystem, enabling the transfer of stablecoins and real-world assets (RWAs) without the need for cross-chain bridges. Key highlights include integrating USDC through a partnership with Circle and developing its own stablecoin, USDN, for lending and staking within the Cosmos ecosystem. Furthermore, NOBLE supports tokenized real-world assets such as Hashnote's USYC and Ondo Finance's USDY. While still in its early stages, the project demonstrates strong potential.

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On-chain data

On-chain fund flows as of October 31st (last week)

Source
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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