Polkadot (DOT) fell 2% to $1.84 over the last 24 hours. Trading volumes were 7.8% above the seven-day moving average at 7.76 million tokens, according to CoinDesk Research's technical analysis model. The model showed that the move in DOT occurred without clear fundamental catalysts as technical factors dominated price action. The token underperformed the broader crypto market. The CoinDesk 20 index was 0.6% lower at publication time. This modest divergence reflects sector rotation dynamics rather than ...

Key Points Shiba Inu is an Ethereum-based crypto token with a highly speculative investment community. Can the asset live up to its reputation for epic gains? 10 stocks we like better than Shiba Inu › You can do all the fundamental analysis you want, but sometimes winning in financial markets comes down to sheer luck and diamond hands. Don't believe me? Simply ask early investors in Shiba Inu (CRYPTO: SHIB). According to analysis from CoinMarketCap, the meme coin posted a total gain of 11,430,362%, ...

Core Insights - Fight Fight Fight LLC is negotiating to acquire Republic.com's US operations, potentially integrating the Trump-linked memecoin into startup crowdfunding [1][2] - The acquisition could facilitate transactions using the Trump token and support crypto startups in raising capital under a more favorable regulatory environment [1][4] Company Overview - Republic.com has facilitated over 3,000 fundraising campaigns and offers tokens that represent real-world assets, attracting major financial players like BlackRock [2] - The Trump memecoin's market value peaked at nearly $9 billion but has since declined to approximately $1.6 billion, reflecting a broader downturn in the memecoin market [3] Market Dynamics - The memecoin sector has experienced significant volatility, with the Trump token's value dropping sharply from its early 2025 peak [3] - Fight Fight Fight is actively working to enhance the functionality of the Trump memecoin, with several platforms already accepting it for payments [3] Strategic Developments - Under the proposed acquisition, Fight Fight Fight could issue grants in the Trump token and enable investors to fund startups using this cryptocurrency [4] - The timing of the acquisition discussions coincides with Trump Media's recent partnership with Crypto.com to introduce prediction markets on Truth Social [4][5]

Core Insights - The Shiba Inu (SHIB) token is facing significant challenges in recovering its price, attributed to fundamental structural issues rather than mere market volatility [1] - Analysts have declared that SHIB's ambition to reach the $0.0001 price level is unrealistic due to its core deficiencies [1][5] Structural Challenges - The Total Value Locked (TVL) on Shibarium has consistently remained below $1 million since early October, indicating a lack of ecosystem utility and adoption [2][4] - There is a mismatch between SHIB's massive circulating supply of approximately 589 trillion tokens and the slow pace of its deflationary mechanism [3][5] - The low TVL on Shibarium suggests that development efforts have not resulted in meaningful network activity or user adoption, with SHIB's market capitalization still in the billions [4] Utility Deficit and Market Trends - A significant factor in SHIB's struggles is the rotation of capital within the crypto market towards sectors that offer tangible utility [6] - As the Web3 trend shifts from "meme" projects to those providing real-world value, SHIB is losing ground to more utility-focused projects [7]

Core Viewpoint - A class action lawsuit has been filed against Meteora and its founder Benjamin Chow, alleging that they orchestrated a fraudulent scheme involving meme coins linked to public figures Melania Trump and Javier Milei, while absolving these figures of direct culpability [1][2]. Group 1: Allegations and Claims - The lawsuit claims that Chow and Meteora used the credibility of real-world figures to legitimize a coordinated liquidity trap, with the MELANIA and LIBRA tokens being central to the allegations [2]. - The MELANIA coin, promoted by Melania Trump, surged in value before crashing 99% as the team behind it sold off tokens [2]. - Similarly, the LIBRA token, endorsed by President Milei, experienced a rapid increase in value followed by a 90% drop, leading to Milei deleting his promotional posts [3]. Group 2: Evidence and Structure of the Alleged Fraud - On-chain analytics revealed a connection between the wallets used for launching the MELANIA and LIBRA tokens, supporting the claims in the class action lawsuit [3]. - The complaint asserts that Chow was the central figure in the fraudulent operation, which was distinct from Meteora's legitimate automated market maker business [3]. - Chow allegedly collaborated with a small group, including co-founder Ng Ming Yeow and the Davis family, to launch and market at least 15 tokens following a similar fraudulent blueprint [4].

Core Insights - The BNB meme coin season has officially begun, driven by a surge in trading activity and community engagement following a social media post by former Binance CEO CZ [1] - BNB Chain's daily DEX volume has exceeded $6 billion, with a significant portion attributed to meme coins [1] - Over 100,000 active traders are participating, with many already realizing profits [1] BNB Meme Coins - BROCCOLI, linked to CZ, has gained popularity and nearly doubled in price over the past week, becoming a top-performing BNB meme coin [2] - On-chain data indicates mixed activity among major holders, with whales selling 11.55% of their holdings while smart money addresses increased their balance by 45.55% [3] - The top 100 addresses collectively increased their holdings by 3.64%, adding approximately 32.6 million BROCCOLI, valued at $1.63 million [4] Technical Analysis - BROCCOLI has broken out of a symmetrical triangle on the daily chart, but the Relative Strength Index (RSI) shows bearish divergence, indicating potential weakening momentum [5] - A short-term dip towards $0.037 could provide an opportunity for BROCCOLI to reset before a potential rally, with a breakout above $0.063 signaling strong momentum [6] New Entrants - PALU has emerged as a notable new BNB meme coin, inspired by Binance's mascot and focusing on community engagement, distinguishing itself in the current meme coin season [7]

Core Insights - The current altcoin season has led to a concentration of flows into tokens with liquidity and catalysts, specifically DeXe, Ether.fi, and Aptos, each driven by unique factors [1][2] DeXe (DEXE) - DeXe is trading at approximately $12.2, reflecting a 33% increase in 24 hours, with a market cap around $1 billion and nearly 83 million tokens in circulation [3] - The project focuses on infrastructure for decentralized autonomous organizations and on-chain governance, utilizing AI-powered decision-making features [4] - Recent listings and upgrades have contributed to DeXe's rise, showcasing the potential for governance-focused tokens during altcoin season [4] Ether.fi (ETHFI) - Ether.fi is priced around $1.56, showing a 10% gain in 24 hours, with a market cap of approximately $780 million and daily trading volume exceeding $200 million [5] - The protocol allows Ethereum restaking, enabling users to earn yield while retaining custody of their ETH, supported by recent updates like buybacks and staking pool expansions [5][6] - The yield-bearing nature of Ether.fi has attracted traders looking for staking and DeFi opportunities during the altcoin season [6] Aptos (APT) - Aptos is trading at about $5.0, up 9% in 24 hours, with a market cap exceeding $2 billion and strong trading volume [7] - The price increase is linked to new ecosystem partnerships, including a collaboration with World Liberty Financial to support the USD1 stablecoin on its network [8] - Technical analysts noted a bounce from prior support zones, which has encouraged momentum buying [8]

Core Insights - The article discusses the rising interest in meme tokens, particularly TROLL and TOSHI, which are predicted to potentially reach a market cap of $1 billion due to various factors including community engagement and exchange listings [1]. Group 1: TROLL (TROLL) - TROLL is a meme token on the Solana blockchain with a current market cap of approximately $145 million, and it has been identified as a strong candidate for future listings on major exchanges like Coinbase and Binance [2]. - Whale accumulation of TROLL has increased significantly, with combined balances rising by over 18% in the past month, while exchange balances have decreased by 12.8% [2]. - The number of TROLL holders has more than doubled in the last quarter, increasing from 19,000 in July to nearly 49,000, indicating growing community interest [3]. Group 2: TOSHI (TOSHI) - TOSHI, a meme token associated with Coinbase, has a current market cap of about $337 million, having peaked above $400 million, and is expected to achieve greater milestones due to its ties with Coinbase [5]. - The TOSHI community is described as one of the largest and strongest in the web3 space, with a significant increase in social media discussions, as indicated by the rising Social Dominance metric [6][8]. - TOSHI's token distribution is healthy, with nearly all supply in circulation and the top 10 wallets holding less than 20% of the total supply, which reduces sell pressure [9].

Core Insights - The SUI token of the Sui network experienced a 3.3% decline in value, dropping from $3.32 to $3.21, indicating a confirmed downward momentum as it broke through the $3.26 support level [1] - The broader crypto market, as measured by the CoinDesk 20 Index, also saw a decline of approximately 2% in the same timeframe [1] Trading Activity - Transaction volumes significantly exceeded the daily average of 6.9 million, indicating coordinated selling by large holders [2] Token Unlock Events - SUI Corporation is initiating a $143.9 million token unlock, releasing 44 million tokens between September 29 and October 6, contributing to market pressure [3] - This token unlock is part of a larger trend, with over $773 million worth of cryptocurrency vesting events occurring in the same week, including significant unlocks from other projects like Ethena ($126.8 million), Eigen ($68.6 million), and Optimism ($21.3 million) [3] Market Sentiment - Traders are facing concerns regarding both technical weaknesses and the influx of new supply, which could further depress prices even if demand remains stable [4] - The critical test for SUI will be whether buyers can maintain the $3.20 support level amidst ongoing unlock cycles [4]

Core Insights - ETHFI, the native token of the Ethereum-based liquid restaking protocol ether.fi, has seen a price increase of 11% despite a general decline in the broader crypto market [2] - Technical indicators suggest that ETHFI has strong upside potential, driven by increasing demand among market participants [2][3] Price Action and Technical Indicators - The Super Trend indicator for ETHFI has established dynamic support below its current price, indicating a bullish sentiment among traders [3][4] - ETHFI's price trading above the Super Trend line confirms that the recent rally is supported by strong underlying momentum rather than short-term volatility [5] - The Accumulation/Distribution (A/D) line for ETHFI has risen to 109.84 million, reflecting a 59% increase since September 21, indicating growing buying pressure [5][6] Market Outlook - ETHFI's price could potentially break through the resistance at $1.779 and aim for the $2 level if buy-side momentum continues [7] - However, if the broader market downturn intensifies, ETHFI may struggle to maintain its gains, leading to possible consolidation around current levels or a decline below $1.435 [8]