October 10, 2025 | Summary of notable news in the past 24 hours!

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1⃣ Bitcoin, Ethereum and Solana slightly correct as FOMO sentiment cools down

After the hot period, BTC , ETH and SOL all decreased slightly as the market gradually calmed down, and the FOMO psychology showed signs of cooling down.
Meanwhile, the US stock market closed in red last night, while crypto stocks fluctuated in opposite directions.
👉 A “breathing break” is XEM positive and necessary after a strong increase.


2⃣ MEME War on Binance Wallet

The MEME coin wave continues to be vibrant, especially in the Binance Wallet ecosystem.
👉 Notable new Token include:

  • #BNBHolder – Capital cap $37 million

  • #修仙 (Xiuxian / Cultivation)30 million USD

  • #memerush$9 million

Notably, “修仙” originated from a long post by He Yi , an influential figure in the Binance community, which helped this Token make a strong breakthrough.
However, money is flowing from old meme to new projects , causing “legendary” Token like #BinanceLife to be Dump heavily.
👉 Message: The MEME market now prioritizes newer – hotter – faster spreading .


3⃣ Anonymous coins rise strongly

Money is flowing into the privacy coin group.

  • $ ZEC (Zcash) has quadrupled in just 2 weeks , after prominent investor Naval Ravikant called it “insurance against Bitcoin” .

  • The blockchain privacy narrative is back in the spotlight, helping $DASH and some of its peers rally strongly .
    👉 This rise shows that investors are looking for safer and more private assets , amid increasing on-chain scrutiny.


4⃣ $CHEEMS Strong breakout – but has it reached the top?

The $CHEEMS Token has seen impressive gains thanks to three main factors:

  • The explosion of MEME trading on the BSC chain

  • Whale Christian announces 2-year Token Lockup , showing long-term confidence

  • In China, the community calls $CHEEMS “Binance Doge”

👉 However, after the hot surge, many people began to question whether the trend had peaked .


5⃣ $ZORA Up 50% After Being Listed on Robinhood

After appearing on Robinhood , the price of $ZORA skyrocketed 50% .
Although the Base ecosystem is still quite quiet in general, ZORA is becoming a rare bright spot , attracting cash flow and market attention.


6⃣ OKX Controversy: Star Founder Criticized for Being “Anti MEME”

OKX founder Star is facing criticism after expressing his opposition to Meme token .
His lengthy response on social media has sparked heated debate in the community.

On X Layer ( OKX Layer2 network) :

  • $ OKB is almost sideways around $209

  • Meme token Leads $XDOG to Drop Sharply

  • Project “OKX Life” ($欧意人生) has only 2 million USD Capital left

👉 Investors are advised to avoid low “hype” areas until the trend is clearer.


7⃣ Kerrisdale Capital targets BMNR – Du Jun strongly counterattacks

Prominent short-selling fund Kerrisdale Capital announced a bearish bet on BMNR , a stock with a large ETH holding.
In response, founder Du Jun commented:

“Shorting BMNR is fine, but shorting ETH is stupid.”
👉 This view shows strong belief in Ethereum 's long-term prospects.


8⃣ Q3 Report: Large Institutions Continue to Collect Bitcoin

According to the latest data, listed companies have added 190,000 BTC to their balance sheets, worth about $23.36 billion .
Notably, Deutsche Bank predicts that Bitcoin and gold could become core reserve assets for central banks by 2030 — a major milestone if realized.


9⃣ 🧠 Market psychology summary

  • BTC: Under short-term pressure, buyers and sellers are in a strong tug-of-war → the market may fluctuate within a narrow range.

  • ETH: Also facing a “tug of war” situation between the two sides, the short-term trend is a bit weak.

  • BNB: Vibrant ecosystem; AI Token $COAI enables cash flow between industry groups.

  • Overall: The market tends to be cautious , prioritizing short-term transactions - quick profit taking , no clear signal for long-term waves.

About BingX

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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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