How much key market intelligence did you miss on October 16?

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Top News

1.Neiro, an Ethereum ecosystem meme coin, will be launched on the Base network

2.pump.fun's daily active users and new addresses have reached historical highs

3.Small-cap L2 tokens see a general increase, with METIS rising over 10% in 24 hours

4.The Ethereum meme coin Terminus surged 200% in 3 hours, with a market cap of $7.59 million

5.The Storj project team transferred 5 million STORJ to the Binance deposit address of GSR 2 hours ago

Trending Topics

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

XRP: Today, Ripple announced the launch of the RLUSD stablecoin pegged to the US dollar, and established partnerships with major exchanges like Uphold, Bitstamp, and MoonPay, currently awaiting regulatory approval. Additionally, Grayscale has applied to convert its digital large-cap fund, which includes XRP, into an ETF, further fueling interest. The Ripple Swell event also highlighted Ripple's strategic initiatives and partnerships, bringing positive sentiment to XRP.

LTC: The main discussion around Litecoin (LTC) today centered on Canary Capital's filing of a Litecoin ETF application with the US Securities and Exchange Commission, which generated significant attention and positive sentiment on Twitter. This comes after Canary's recent XRP ETF application, and is seen as a potential catalyst to increase institutional interest in Litecoin. The news led to a surge in LTC's social engagement, trading volume, and price performance, making it one of the top-gaining cryptocurrencies in the discussions.

POLYMARKET: Today's discussions around POLYMARKET focused on the significant betting activity related to the upcoming US presidential election, particularly on Trump's odds. Reports indicate that an entity is placing large bets on Trump, raising concerns about market manipulation and its impact on public opinion. The community compared POLYMARKET's odds with other prediction models, highlighting the differences and sparking debates about its accuracy. Additionally, the integration of POLYMARKET with the Pyth Network and its role in the broader crypto ecosystem were also discussed.

Threads & Tweets

1. On the future of memes and liquidity, @0xKyle__

2. Thoughts on the MakerDAO brand update, @blockworksres

3. On selling a large MC memecoin, @0xSunNFT

Featured Articles

1.Vitalik's New Article: What Areas Can Ethereum's PoS Still Improve? How to Achieve It?

Vitalik Buterin

2.The Art of Liquidity: What Kind of Bitcoin Off-Chain Scaling Network Do We Need?

Ben, Discoco Labs founder

On-Chain Data

On-chain fund flow on October 16

Top Gainers & Losers

Token price movements on October 16, filtered and sorted by 24-hour trading volume

Top Gainers

1.$D.O.G.E (ETH)

2.$GOAT (Solana)

3.$DEEP (Sui)

Top Losers

1.$REEF

2.$MOODENG (Solana)

3.$PUFFER (ETH)

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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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