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How much key market intelligence did you miss on October 10?

How much key market intelligence did you miss on October 10?

BlockBeatsBlockBeats2024/10/10 10:47
By:BlockBeats

1. Hot topics: $DOGDOG, Base, $UNI 2. On-chain capital flows: 51m net inflow to Ethereum, 103m net outflow to Ethereum 3. Biggest price fluctuations: $UNI, $MOODENG 4. Top news: CARV opens first season airdrop applications

Featured News


1.Puffer airdrop will be available on October 14

2.POPCAT made a profit of nearly $5 million. Whales increased their holdings of 6.56 million SPX at an average price of $0.56

3.CARV opens the first season airdrop application

4.Swell opens airdrop query, 7,500 5. Optimism opens airdrop claim for Season 5, distributes over 10 million OPs. Trending topics Source: Overheard on CT (tg: @overheardonct), Kaito $DOGDOG: Discussions about DOGDOG today have focused on its undervalued status and potential for huge gains, especially in the upcoming $DOG Dutch auction. Crypto influencers and enthusiasts are calling on others to invest, pointing to its unique position in the meme rune and its potential to be listed on major exchanges such as Coinbase. Enthusiasm has been further fueled by a video from a top crypto YouTuber and news of rune integration by platforms such as Coinbase.


Base:Today’s discussion on Base focused on the launch of SHILLR Media S3’s minting on BASE, the introduction of a fan-to-fan ticketing marketplace, and the continued growth of BASE’s transaction capacity. In addition, BASE’s integration with platforms like Ticketmaster and Coinbase Wallet, as well as its role in supporting various crypto projects and events, has also increased its visibility. The discussion also highlighted BASE’s potential in the crypto ecosystem, with particular mention of its efficiency and scalability compared to other chains.


$UNI: Discussions on UNI today focused on the community's expectations for Uniswap V4, which is expected to drive a lot of liquidity, and the impact of regulatory changes on Uniswap's fee switch, which could lead to large-scale buybacks and price surges. In addition, despite the challenges, Uniswap's trading volume and market share continue to grow, highlighting its resilience and future growth potential. Discussions also touched on Uniswap's integration with various platforms and its role in the DeFi ecosystem.


Threads&Tweets


1. Account abstraction is the future, burn all EOA, @armaniferrante


2. Token unlocking does not necessarily mean selling, demand side should be taken into consideration, @hmalviya9


Featured Articles


1. 《The popular "meme new leader" Murad Who is it? Meme holds over $24 million, and it took 20 minutes to get institutions on board

shushu, BlockBeats

The meme coin itself is just a social game of ups and downs, a new form of lottery, vaguely associated with the grasp of the spirit of the times. But meme coins still have a broader space. The current form of meme coins is still very rudimentary, because they do not focus on sustainability, but pursue rapid pull-ups and shipments, and price increases have become the most effective marketing tool. However, future meme coins can go beyond this, and price increases are only a means to achieve greater goals-meme coins are not only a carrier of culture, but also carry distribution functions, so that they do not just stay at the level of funny memes, but are closely integrated with lifestyle products to form a real cultural phenomenon.


2.《Will meme coins continue to dominate the market?

DeFi^2
Of course, the market has been tug-of-war in this game; solutions like Pump Fun have been created to reduce the possibility of secretly monopolizing supply, but this has instead spawned more sophisticated sniping and accumulation techniques, and the game continues. But in the end, most of the profits from meme coins fell into the hands of organized groups, while those rare natural lottery-style wins were used to attract ordinary retail investors to keep the game attractive.


3.《What is Alephium's trump card in the wave of competition in the public chain? |Dialogue with the front line

BlockBeats

Mainstream public chains such as Ethereum and Solana have established strong network effects. Without the introduction of real innovation, it is difficult for latecomers to compete with them. However, from a technical point of view, I think blockchain is still in a relatively early stage. Although some people say that the encryption industry is no longer in its early stages, I think there is still a lot of untapped potential from a technical perspective. If new technological breakthroughs can be brought about, it can still have considerable competitive advantages, similar to emerging technologies in the database field.


Biggest Gainers & Losers


Token volatility on October 10, sorted by trading volume


Top Gainers


1.$UNI


2.$PSG


3.$APU


Top Loser


1.$MOODENG


2.$SAGA


3.$EIGEN


On-chain data


On-chain fund flow on October 10


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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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