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- š§ Bull Market? Here`s Why We Haven`t Even Started Yet:
š§ Bull Market? Here`s Why We Haven`t Even Started Yet:
PLUS Sophon is the next-generation entertainment layer to watch!
MEMECOIN GIVEAWAY: WIN $$$ WORTH OF OUR TOP PICKS
Hereās how to get involvedā¦
Battle it out for a chance to win $500 of your favorite meme coin!
How to join?
Sign up for our newsletter and start referring your friends.
For every referral sign-up to the newsletter, you will get an entry into the raffle.
The more referrals, the more entries, and the chance to win $500 of your favourite meme coin.
Get your personal referral link here:
Oh, thereās more? Weāre leaving the winning meme coin to you!
Vote for which meme coin youād like to win. At the end of the two weeks, the meme coin with the most votes will be selected and sent to the winner.
All entries from each individual referral will be raffled, and the lucky winner will be contacted directly to receive the chosen meme coin.
Once you sign up, make sure to open the newsletter and check your spam. Fill in the survey to vote for your favorite meme coin (button below!).
Our top 5 memecoin picks:
MOG
POPCAT
SPX
GOAT
WIF
Duration: 2 weeks (30th October - 13th November)
GM, did you sell your BTC to the elites?
Because if you did, you might have fallen for one of the greatest psyops in history. These are the very same people whoāve spent millions to spread FUD about Bitcoin in mainstream media since day one. Crypto is for criminals, scammers, has no intrinsic value, blah, blah.
Yet, here we are, with Bitcoin ETFs seeing another almost $1 billion worth of net inflows. Meanwhile, our little retarded brother (Vitalik said it not me) Ethereum saw a measly $4.4M.
Will the tide turn once Bitcoin dominance finally starts to dip? Something to keep an eye on.
Solana, on the other hand, continues its winning streak and scores a new Solana ETF application by Canary Capital.
Overall, things are simply looking great. Even our late-comer retail friends are starting to show, as Robinhood reports a 112% increase in crypto trading volume.
I don`t know, but with Doge looking like it`s about to bust up to $0.5 next, with Elon shilling it again on the timeline, I have a feeling a massive surge in altcoins is right around the cornerā¦
But oh wait, we haven`t even started yet. Altcoins are literally at the bear bottom. Strap in.
If you havenāt alreadyā¦ hit the subscribe button and get the coolest welcome email in crypto!
TAO/USDT.P 1D Bybit
TAO is a buy down here for me or in the purple box if we can get it. We have quite a clean reaccumulation range from 630 down to 460 and a clean uptrend and funnel structure on the 1D RSI.
With AI memes having taken their first beating, it makes sense for the lows to be bought up here on the OG AI meme, getting ready for its next move up.
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
Big dropoff in AI mindshare today.
Source: Kaito
Sophon: The Dawn of Consumer-Centric Crypto
By now, itās becoming clear to many just how small the bubble is of crypto participants who truly care about the underlying technology, decentralization, you name it, actually is.
Thatās not to say these things arenāt crucialāthey are the core of everythingābut the next wave of breakthrough projects and applications will be user-centric and seamless, with users barely aware of which chain theyāre on.
Now, Sophon, as the brand new L2 focusing on creating a whole layer for onchain entertainment, actually uses very advanced tech. For a deeper dive into this side, make sure to read our Complete Sophon Guide by Emiri here.
By now, our readers know what Sophon is gunning for. Over the past few weeks, the Sophon team has rolled out multiple partnerships and ecosystem expansions, signaling just how ambitious this project truly is.
And yes, you can expect more partnerships such as these:
Sophon chooses Avail for its data availability layer - read more
OPEN, the leader in onchain ticketing with 7M+ tickets issued for 24K+ events globally - read more
Sophon partners with CARV, building the largest modular data layer for gaming & AI - read more
Sophon partners with Mirai Labs: next-gen mobile gaming and consumer products are coming to Sophon.- read more
Sophon partners with Azuro
Binance Labs invested in Sophon - read more
Lastly, if you want to see how the Sophon team thinks about the product philosophy themselves, look no further than their latest blog post here.
The important bits.
Even more important bits.
MicroStrategy to raise $42 billion to buy more Bitcoin
FTX insider Nishad Singh gets no jail time
DYDX lets go of 35% of its staff
What to expect from Celestia's upcoming $900 million unlock?
Charity backed by ai16zās Shawmakesmagic receives 500 million SL token donation
Kraken launches fully-customizable desktop trading application
CZ says the prison guards asked him which coins to buy
NYSE seeks to list the Grayscale crypto index ETF
US Treasury says stablecoin growth is increasing demand for T-bills
Charts and stats of the day.
Avalanche gas usage going through the roof
Altcoin season indicator says it`s not altseason yet
Bitcoin`s hashrate reached new ATHs
Life gets busy so hereās what youāve missed.
Core Dual Staking and Its Effect on the CORE Token
Research
Returning to our foray into BTC-Fi and the Core Dao ecosystem today, and looking into the upcoming dual staking product.
Coreās non-custodial BTC staking product is the first of its kind because firstly, all other BTC yield products require holders to relinquish custody of their BTC, which is a major no-go for most holders.
Theo (Global settlement network on Hyperliquid)
Variational (Variational is a peer-to-peer trading protocol for perpetuals and generalized derivatives)
Din (The First Modular AI-Native Data Pre-Processing Layer)
To save you doom scrolling.
Yea, these AI agents got nothing on us humans (yet).
Good morning
ā Fomocap (@fomocapdao)
1:45 PM ā¢ Oct 31, 2024
Stay bullish. If you`re not able to believe now, you won`t ever be.
stay safe homies,
Hix0n š«”
Reply