How much key market intelligence did you miss on October 8?

Featured News

1. Binance will list Scroll (SCR) on Launchpool and pre-market trading market

2. A shares opened with the Shanghai Composite Index up 10.13% and the Shenzhen Component Index up 12.67%

3. Len Sassaman's widow denied the speculation that "Len Sassaman is Satoshi Nakamoto"

4. SUI Chain Meme Token AAA rose more than 26% in 24 hours, with a market value of $24.2 million

5. The meme coin SNAP on the Ethereum chain rose by 146% in the past hour, and its short-term market value exceeded $3 million

Trending topic

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

Polymarket: Polymarket has received a lot of attention today for its role in predicting political outcomes and the upcoming HBO documentary about Satoshi Nakamoto. The discussion highlighted the platform's prediction of Donald Trump leading Kamala Harris, which some attributed to large bets by investors supporting Trump. The platform's transparency and use of blockchain technology have been praised, while others have questioned the impact of narratives and potential manipulation. Additionally, the HBO documentary sparked interest in the Polymarket betting market, with Nick Szabo emerging as the leading holder identified as Satoshi Nakamoto.

$SUI: SUI has gained significant traction on Twitter, with discussions highlighting its potential to dominate the current bull run, similar to Solana in 2021. The token’s price has surged above $2 and is expected to grow further. Key factors driving this interest include its increasing liquidity, strong developer ecosystem, and the rise of memecoins on the SUI network. Worthy of mention is Bybit’s introduction of SUI as its first native token pool, and the network’s impressive growth in daily active users and total value locked.

$FTT: FTT has become the biggest winner in today's cryptocurrency discussion as a U.S. judge approved FTX's bankruptcy plan, which clears the way for a $16 billion repayment to creditors. The decision sparked optimism in the crypto community, with many speculating that repayments could lead to increased market liquidity. The plan includes full repayments to cryptocurrency customers in cash and interest, although some were disappointed that repayments were not in the form of cryptocurrency. The news caused FTT prices to surge, reflecting positive sentiment and expectations of potential market impact.

Threads&Tweets

1. Analysis of the current stage of the crypto market combined with macro data @BobEUnlimited

2. Analysis of Ethereum MOODENG, which rose due to Vitalik's selling. @Michael_Liu93

3. The Chinese crypto community on Twitter’s views on A shares. @FC_0X0

Selected articles

1.《What's behind Trump\'s surge in prediction markets?》

@NateSilver538

Analysis of Trump’s election results based on the performance of the Polymarket platform.

2.《PvP》

Arthur Hayes

Arthur Hayes takes a deep dive into the current state of token listings in the crypto market, especially the impact of high CEX listing fees on project owners and investors. The article uses the case of Auki Labs to demonstrate the advantages of listing on a DEX and emphasizes the importance of focusing on product development and user growth. For those project owners who blindly pursue listing on a CEX, Hayes reminds them to focus on long-term value rather than short-term price fluctuations and market hype.

Biggest Gainers & Losers

Token volatility on October 8, sorted by trading volume

Top Gainers

1.$MOODENG

2.$SPX

3.$WING

Top Loser

1.$POPCAT

2.$CVC

3.$EGP

On-chain data

On-chain fund flow on October 8