Selected News
Global demand for safe-haven assets surges, stock indices in various countries fell on Friday
Tether freezes 13.4 million USDT across 22 addresses on Ethereum and Tron networks
Trending Topics
Source: Overheard on CT (tg: @overheardonct), Kaito
[NOBLE]
Noble has gained widespread attention on Twitter today due to its recent developments and strategic positioning in the crypto space. The project focuses on stablecoin issuance and the integration of real-world assets (RWA), having launched a leaderboard on Kaito and received support from major investment firms like Paradigm and Polychain. Noble is considered a Layer 1 blockchain built specifically for stablecoins and RWAs on Cosmos, planning to launch an EVM-compatible Rollup. The project has facilitated over $22 billion in transaction volume and has been recognized for its innovative approach to native DeFi applications for stablecoins.
[MET]
Discussions around MET mainly revolve around the excitement and positive sentiment generated by the Meteora airdrop and its innovative distribution mechanism. Users are thrilled about receiving substantial allocations, with some even stating that this airdrop could be life-changing. Converting airdrop shares into fee-generating LP NFTs is seen as a novel approach that reduces selling pressure while enhancing earning opportunities. The community is actively using airdrop query tools and discussing strategies to maximize allocations, creating an overall atmosphere of anticipation and optimism for the upcoming TGE (Token Generation Event).
[BWB]
Today's discussions about BWB primarily focus on the new initiatives from Bitget Wallet. Tweets highlight the new features of Bitget Wallet, including red envelopes for quick crypto transfers, the launch of the Bitget Wallet card in the Asia-Pacific region, and a $100,000 "Hold to Earn" event in collaboration with Theo Network and Arbitrum. These initiatives are viewed as strategic moves to enhance user engagement and promote the application of real-world assets in the crypto space.
[OPENSEA]
Discussions about OpenSea mainly center on the launch of its first wave of "Treasure Chest Rewards" program, with mixed reactions from the community. Many users expressed disappointment that the rewards did not meet expectations, feeling that the fees outweighed the benefits. Despite the criticism, improvements on the OpenSea platform are still recognized, and there is anticipation for the second wave of rewards. Additionally, the community is excited about the upcoming NFT series and airdrops, with OpenSea remaining a key platform for these activities.
[BGB]
Discussions about BGB mainly focus on Bitget's recent airdrop of 64,570 BGB tokens to VIP3 and above users to reward high-volume traders. This move is seen as a strategic means to enhance user loyalty and engagement. The discussion also emphasizes Bitget's unique approach to VIP services, combining incentive mechanisms, exclusive rights, and identity roles to set a new industry standard. The platform continues to promote the integration of BGB into its ecosystem, further enhancing its utility and value.
Featured Articles
The day before yesterday, Binance launched the "Rebirth Support" program and distributed the first batch of "Rebirth Support" airdrops yesterday, undoubtedly providing meme players on BSC with another good topic. However, a "diversion" incident sparked disputes among players.
So far this year, Bitcoin has fallen over 25% against gold. The author still believes that Bitcoin is not yet ready to become "digital gold." Although it shares many similarities with gold, it is gradually approaching gold each year (except for the unresolved quantum computing issue). However, if you try to buy gold, you'll find that the premium on physical gold is very high, making it more suitable for buying and holding long-term, which isn't very exciting. Therefore, I believe retail investors may choose to buy Bitcoin instead of gold, but the purchasing power of retail investors is relatively low compared to central banks.
On-chain Data
On-chain capital flow situation on October 17
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