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- 🤖 AI Agents Are Taking Over Crypto (And We Found a New One)
🤖 AI Agents Are Taking Over Crypto (And We Found a New One)
PLUS let`s chat about Bitcoin and some good old DOGE longs!
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GM, we`re at the inflection point.
Bitcoin’s getting a bit dull right now, with massive open interest spiking as yesterday’s longs piled in, betting on a quick and outsized move to the upside.
As usual, it wouldn’t be surprising to see these positions get flushed before the real move happens. So, we stay patient and—hopefully—not too overleveraged, right?
For now, BTC’s Uptober vibe remains intact as long as we stay solidly above $64,000.
Another case for a slight pullback here is the fact that we saw many consecutive days of strong BTC ETF inflows, but at the moment, it really seems we need to recharge before another attack to conquer $68K.
But fear not—Saylor’s back on TV, shilling BTC with a bold prediction: $13 million per coin over the next 21 years. Ladies and gentlemen, WAGMI.
If you haven’t already… hit the subscribe button and get the coolest welcome email in crypto!
DOGE USDT 3D Binance Log Chart
One reliable thing about this space is that DOGE pumps every cycle. The trick is to have a bag ready for when it happens. It looks like it’s starting now. Nothing explosive yet - we are at a little bit of resistance here and at 0.14c, but the 0.30c area is in the sights (green box uptrend line). This little pullback could be a good one for DCA.
RSI is reclaiming 50 with the Awesome Oscillator flipping bull - this is a good setup for those in the know. If you want to see something really nuts, check out the DOGE/BTC chart.
NFA as per usual, please always do your own research.
Come by the Lucky Luke Discord channel for comments, to roast my picks or to pump your own bags. All banter is welcome any time!
Smart-money movements of the day:
Source: ChainEdge
Top mindshare gainers of the day:
Source: Kaito
Current narratives:
Source: Kaito
AI Agent Networks
Studying #AICRYNODE launch.
A Web2 AI dev who is followed by @pmarca (who funded $GOAT), @m2jr and @pawell launched their AI project token via @pumpdotfun
The token is advertised as the key to access the AI network he's building.
What happens next?
— Graeme 🍅 (@gkisokay)
8:37 AM • Oct 17, 2024
Let`s have a cheeky degen corner today (read: VERY risky).
An interesting token just came out, capturing the current meta of AI agents. AI Crystal Node, ticker AICRYNODE, is currently pumping off the charts. Tread carefully—none of this is financial advice.
AI Crystal Node was created by Adam Kasprowicz, a developer followed by the likes of Marc Andreessen, who recently funded the AI agent behind the latest spectacle, GOAT.
The project claims to be an AI Agent Network, with multiple crystal nodes, each serving a unique purpose and acting as access keys to the entire AI network that Adam’s planning to build.
Is this just another pump-and-dump, or is there something real here? Do your own research—we’re deep in degen territory.
The important bits.
Core DAO (Bitcoin DeFi) - Fusion upgrade now live on testnet, enabling new BTC staking options
Nillion (First blind computer) - Publishes new episode of Builder Blind Dates
EOS (L1) - Join the weekly Telegram discussion here
Peapods Finance (DeFi) - Protocol TVL keeps increasing, signaling adoption
GenLayer (AI L1) - Explains how to make dApps safe and intelligent using GenLayer
Superseed (First debt repaying blockchain) - Listen to a new podcast with founder David on Superchain Eco
Sophon (Entertainment layer) - Partners with CARV module data layer for gaming
Radiant Capital (DeFi) - Hacked for $50 million, revoke these contracts now
Mode (L2) - Published guide for Season 3 DeFi point farm
Echo (Early stage crypto investing) - $20m funding via Echo reached
Even more important bits.
Trump`s project World LibertyFi raised only $12m, 4% of its $300m target
Can BTC breach its ATH before the November election?
DTCC launches Digital Asset Sandbox
Bojan explains why Liquity's forkanomics will rejuvenate L2s
The US is falling behind in global stablecoin adoption
Trump receives 75% of World Liberty Revenue, without an employee role
Bitfinex Hacker Deserves 5-Year Sentence for Laundering $8 Billion
Vitalik outlines future of Ethereum in new blog post
Price and statistics for the day.
Aave GHO supply continues to trend up, currently at ~$155m
COIN (Coinbase) chart showing potential for a reversal
Mentions of AI Agents rapidly increasing as AI hype increase
Monthly fees on TRON are at all-time highs ~$200m
Life gets busy so here’s what you’ve missed.
How Radix is Keeping Institutional Money Interested in DeFi
Podcast
Founder Series brings on Piers from Radix, a layer-one protocol.
He analyzes the relationship between retail, corporate, and government sectors and the role of institutions in driving the growth of DeFi.
AI AGENT TOKENS DEPLOY MEMECOINS - Shitcoin Church
— blocmates. (@blocmatesdotcom)
11:05 AM • Oct 17, 2024
Shitcoin Church: AI Agents Deploy Memecoins
Join us on a journey through shitcoin universe…
Tune in on YouTube →
To save you doom scrolling.
When you’re touching grass with the family but @MustStopMurad posts a new ticker
— blocmates. (@blocmatesdotcom)
5:16 AM • Oct 17, 2024
Opportunities, opportunities everywhere.
Whether it`s current dips on runes like PUPS, catching new movers as the aforementioned AI agent, or DCAing the strongest cults of all like MOG and others, hustling in NFTs, preparing for the Hyperliquid season, building longs on strong coins…. my friends, this is the greatest game on planet earth.
stay safe homies,
Hix0n 🫡
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