How much key market intelligence did you miss on October 14?
1. Hot topics: WIF, ARB, AERO 2. On-chain capital flows: 28.8m inflows into Ethereum, 39.4m outflows from Ethereum 3. Biggest rises and falls: BOME; POPCAT 4. Top news: meme coin GOAT's market value exceeds $110 million, with a single-day increase of more than 130%
Featured News
2.Binance Earn Coin Launches Smart Arbitrage Function
3.Base Ecosystem Mainstream Tokens Generally Rise, WELL 24-Hour Increase Exceeds 27%
4.The total market value of stablecoins increased by 0.48% in the past week, continuing to hit a record high in May 2022. 5.SPX's top whale has sold 4.05 million tokens for $1.67 million
Trending topics
Source: Overheard on CT (tg: @overheardonct), Kaito
$WIF: Discussions about WIF today have focused on its entry into the top 30 in market capitalization, and its potential for a significant price increase. Some tweets have expressed optimism about WIF's growth, predicting that it could reach $20, while others have warned of the risks associated with meme coins. Overall, the sentiment around WIF is positive, with many users discussing its potential as a leading meme coin, alongside coins like POPCAT and SPX. The coin’s performance has been compared to previous memecoin cycles, and some users believe it could become a major player in the current market environment.
$ARB: Discussion around ARB today focused on the balance that Arbitrum needs to strike between technical development and meme culture to boost user sentiment, Arbitrum’s importance in Ethereum’s long-term success, and the potential impact of the upcoming token unlock. Concerns were also expressed about the transparency and missed deadlines of Arbitrum’s Gaming Catalyst Program, leading to calls for the recall of funds. Despite the challenges, Arbitrum’s ecosystem is seen as strong, and ongoing development is expected to boost its appeal.
$AERO: Discussions around AERO today focused on AERO’s role in driving stablecoin trading on Base, its growth potential, and its strategic importance in the DeFi ecosystem. Tweets highlighted opportunities to accumulate AERO, its outperformance among DeFi coins, and integration with other protocols like MorphexBMX. Sentiment around AERO was generally positive, with users discussing its potential as a long-term investment in the growing Base ecosystem.
Threads&Tweets
1. Discussing Binance pre-market, @YeruiZhang
2. meme coins are NFTs with better atmosphere and liquidity, @0xSisyphus
Featured articles
1. 《Lets Understand $EIGEN token in a Noob Way : Cricket Match Analogy》
Eigen acts as an inter-subjective work token by resolving off-chain subjective failures in decentralized systems, just like the third umpire in a cricket match resolves disputes on the field that cannot be decided due to a close match. By staking, validators provide external observation and resolution to these failures, ensuring that the system remains secure and trustworthy. By combining mechanisms such as slashing and forking, the Eigen token ecosystem can maintain its integrity even in the face of malicious actors.
2.《Possible futures of the Ethereum protocol, part 1: The Merge》
Vitalik
This post will focus on the “merge” part: where else can the technical design of proof of stake be improved, and what are the paths to achieving this goal? This is not an exhaustive list of things that proof of stake can do; rather, it is a list of ideas that are being actively considered.
The real return only comes from non-consensus, and the most difficult thing to build a community/project is always to be able to not be afraid of relatively imperfect conditions in the early stage, to have faith and high conviction, and to grow with the ecosystem. Just like Solana's core circle did not give up after the collapse of FTX, they jointly created today's prosperity.
Biggest Gainers & Losers
Token volatility on October 14, sorted by trading volume
Top Gainers
1.$BOME
2.$SAGA
3.$GOAT
Top Losers
1.$POPCAT
2.$SPX
3.$SUNDOG
On-chain data
On-chain fund flow on October 14
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.