🚀 Blast Ecosystem Token Distribution Protocol ZAP Announces Tokenomics
#BlastEcosystem #ZAP #TokenDistribution #Tokenomics #Crypto #Blockchain #IDO #Liquidity #CommunityTreasury #Investors
According to BlockBeats, on October 1, the Blast ecosystem token distribution protocol ZAP revealed its tokenomics. The total supply of ZAP tokens is set at 350,000,000. The distribution is allocated as follows: 25% to the community treasury, 20% for vault sales, 25% to the team and contributors, 15% to investors, 1% for the initial DEX offering (IDO), 9% for liquidity and market-making, and 5% to advisors.#BlastEcosystem #ZAP #TokenDistribution #Tokenomics #Crypto #Blockchain #IDO #Liquidity #CommunityTreasury #Investors
🚀 VanEck Predicts Solana Price Surge To $330
#Solana #Ethereum #VanEck #SOLBTC #cryptocurrency #priceprediction #marketanalysis #technicalanalysis
According to BlockBeats, VanEck has expressed optimism about Solana's potential, predicting in a report dated September 25 that Solana's price could reach $330, representing a surge to 50% of Ethereum's current market value.
Analysts noted that the SOL/BTC exchange rate has formed a symmetrical triangle, typically seen as a continuation pattern. Given that the price rose before the triangle formation, the likelihood of a breakout remains high. However, the flat 20-week exponential moving average (0.0023 BTC) and the relative strength index (RSI) near its midpoint do not provide a clear advantage to either bulls or bears. If bulls maintain the price above the 20-week moving average, the SOL/BTC exchange rate might attempt to break the resistance line, initiating the next upward phase to 0.0031 BTC and eventually reaching the target of 0.0039 BTC. Conversely, if the price falls and breaks below the triangle, this positive outlook will be invalidated in the short term, potentially driving the SOL/BTC exchange rate down to 0.0018 BTC and then to 0.0013 BTC.
Analysts further explained that within the triangle, the price typically oscillates between the support and resistance lines. The SOL/BTC exchange rate rebounded from the support line on September 18 and rose above the moving average on September 26. Buyers will attempt to push the price towards the resistance line, where sellers might intervene. If the price falls from the resistance line but rebounds from the 20-day moving average (0.0023 BTC), a triangle breakout could occur. On the other hand, if the price drops and breaks below the moving average, it indicates that the SOL/BTC exchange rate might extend its stay within the triangle. A break below the support line would favor the bears. Predicting the breakout direction is challenging, so it is advisable to wait for the breakout before making significant bets.#Solana #Ethereum #VanEck #SOLBTC #cryptocurrency #priceprediction #marketanalysis #technicalanalysis
🚀 Sui Bridge Launches On Mainnet Supporting ETH And WETH Transfers
#SuiBridge #Mainnet #ETH #WETH #Transfers #Blockchain #SuiNetwork #Ethereum #SUI
According to PANews, Sui Bridge has officially launched on the mainnet, enabling transfers between Sui and Ethereum networks. Currently, the bridge supports the transfer of ETH and WETH tokens. The transactions on Sui Bridge are secured by Sui's own network validators, utilizing the same infrastructure that supports and protects the Sui network itself.#SuiBridge #Mainnet #ETH #WETH #Transfers #Blockchain #SuiNetwork #Ethereum #SUI
🚀 Infinitar Secures Seed And Angel Funding, Launches Series A Round
#Infinitar #funding #seedfunding #angelround #SeriesA #blockchain #MOBA #GameFi #Web3 #gaming #investment #valuation #appdownloads
According to BlockBeats, on October 1, Web3's first MOBA blockchain game, INFINITAR, announced the completion of its seed and angel funding rounds. The rounds were led by Lam Group, with participation from AccelByte and Waterdrip Capital, raising a total of $2.9 million. The company has now initiated its Series A funding round, aiming to raise $9 million. This round is also led by Lam Group and AccelByte, with AC Capital, DEX Ventures, and Mason Labs participating. The post-investment valuation is projected to be $150 million. Several well-known investment institutions are currently in discussions to join the Series A round, with the full financing expected to be completed soon. INFINITAR is a AAA game focused on the GameFi sector and has garnered participation from hundreds of Web3 communities across more than twenty countries. The game has achieved thousands of downloads on both the Apple and Google app stores.#Infinitar #funding #seedfunding #angelround #SeriesA #blockchain #MOBA #GameFi #Web3 #gaming #investment #valuation #appdownloads
🚀 Bitcoin's October Performance Anticipated To Be Promising
#Bitcoin #OctoberPerformance #BullMarket #Cryptocurrency #Lookonchain #BTC
According to Odaily, Lookonchain shared on X that historically, Bitcoin's five bull markets have all commenced in October. This year, October's performance is highly anticipated.#Bitcoin #OctoberPerformance #BullMarket #Cryptocurrency #Lookonchain #BTC
🚀 Justin Sun Receives Over $21 Million Worth Of EIGEN Tokens
#JustinSun #EIGEN #blockchain #cryptocurrency #tokens #ForesightNews
According to Foresight News, blockchain analyst Yu Jin has reported that Justin Sun received 5,374,267 EIGEN tokens from six addresses last night (14 hours ago). At the current over-the-counter price of approximately $4 per token, the total value of these tokens is estimated to be around $21.49 million.#JustinSun #EIGEN #blockchain #cryptocurrency #tokens #ForesightNews
🚀 BlackRock Global Allocation Fund Increases IBIT Holdings by 362.50% in Q3
#BlackRock #GlobalAllocationFund #IBIT #BTC #investment #finance #Q3
According to BlockBeats, on October 1, monitoring by Trader T revealed that the BlackRock Global Allocation Fund now holds 198,000 IBITs, equivalent to 113 BTC, valued at approximately $7.19 million. This represents a significant increase of 362.50% in IBIT ownership compared to the second quarter.#BlackRock #GlobalAllocationFund #IBIT #BTC #investment #finance #Q3
🚀 100 Million XRP Unlocked From Unknown Wallet
#XRP #WhaleAlert #cryptocurrency #blockchain #crypto
According to Odaily, Whale Alert has detected the unlocking of 100 million XRP from an unknown wallet at approximately 11:00 AM UTC+8. The value of the unlocked XRP is estimated to be around $62.245 million.#XRP #WhaleAlert #cryptocurrency #blockchain #crypto
🚀 500 Million XRP Unlocked From Unknown Wallet
#XRP #cryptocurrency #WhaleAlert #unlock #blockchain #crypto
According to Odaily, Whale Alert monitoring detected the unlocking of 500 million XRP from an unknown wallet at approximately 10:53 AM UTC+8. The value of the unlocked XRP exceeds $310 million.#XRP #cryptocurrency #WhaleAlert #unlock #blockchain #crypto
🚀 Bitcoin Spot ETF Sees Continuous Inflows for Eight Days
#Bitcoin #SpotETF #NetInflows #Cryptocurrency #Finance #BTC
According to Odaily, the U.S. Bitcoin spot ETF experienced a net inflow of $61.51 million yesterday. This marks the eighth consecutive day of net inflows.#Bitcoin #SpotETF #NetInflows #Cryptocurrency #Finance #BTC
🚀 Suilend Increases Deposit Limit for Sui Ecosystem Meme Coin FUD
#Suilend #SuiEcosystem #MemeCoin #FUD #DepositLimit #CryptoNews
According to Odaily, Suilend has announced on X that it will raise the deposit limit for the Sui ecosystem meme coin FUD from 820 billion to 2 trillion tokens, equivalent to approximately $1 million.#Suilend #SuiEcosystem #MemeCoin #FUD #DepositLimit #CryptoNews
🚀 Eigen Token Transfers Set To Begin Today
#Eigen #TokenTransfers #Blockchain #MarketMaker #EIGEN #CryptoNews #TokenDistribution
According to Odaily, blockchain analyst @ai_9684xtpa has reported that EIGEN will enable token transfers starting today at 12:00 UTC+8. Currently, it appears that three market makers have been allocated a total of 6.48 million EIGEN tokens for market-making activities. The distribution of tokens among the market makers is as follows:
- Flow Traders: 3.45 million tokens
- Auros Global: 1.60 million tokens
- Unknown Market Maker: 1.43 million tokens#Eigen #TokenTransfers #Blockchain #MarketMaker #EIGEN #CryptoNews #TokenDistribution
🚀 EIGEN Token Transfers To Begin Today
#EIGEN #TokenTransfers #MarketMaking #Cryptocurrency #Blockchain
According to PANews, on-chain analyst @ai_9684xtpa has reported that EIGEN will open token transfers today. It appears that three market makers have been allocated a total of 6.48 million EIGEN tokens for market-making purposes. The distribution is as follows: Flow Traders received 3.45 million tokens, Auros Global received 1.6 million tokens, and an unidentified market maker received 1.43 million tokens.#EIGEN #TokenTransfers #MarketMaking #Cryptocurrency #Blockchain
🚀 EigenLayer Token Distribution Update: Stakedrop1 And Stakedrop2 Progress
#EigenLayer #EIGEN #TokenDistribution #Stakedrop1 #Stakedrop2 #Crypto #Blockchain #Staking #TokenClaim
According to BlockBeats, as of October 1, data from Dune Analytics reveals significant progress in the distribution of EigenLayer's EIGEN tokens. The first phase of the token distribution, Stakedrop1, has seen 95.74 million EIGEN tokens claimed. The second phase, Stakedrop2, is currently underway, with a claim rate of 27.1%, amounting to approximately 23.31 million EIGEN tokens so far.
At present, 69.25 million EIGEN tokens are staked and remain locked. The circulating supply of EIGEN tokens stands at around 49.80 million, which represents about 3% of the total supply. This ongoing distribution and staking activity highlights the active engagement of the community in the EigenLayer ecosystem.#EigenLayer #EIGEN #TokenDistribution #Stakedrop1 #Stakedrop2 #Crypto #Blockchain #Staking #TokenClaim
🚀 Cryptocurrency Founders Consider Geofencing Amid US Regulatory Crackdown
#Cryptocurrency #Geofencing #RegulatoryCompliance #KYC #USRegulations #CryptoFounders #VariantFund
According to Odaily, Variant Fund's Chief Legal Officer recently stated on X that as US regulatory bodies continue to intensify their scrutiny of the cryptocurrency sector, many crypto founders are contemplating geofencing as a compliance strategy. Geofencing involves creating virtual 'fences' around products to prevent access by individuals from specific geographic locations. This measure can serve as a fallback compliance strategy if companies are unable to meet regulatory requirements, such as providing disclosures and Know Your Customer (KYC) protocols. However, Chervinsky noted that this is a rather extreme solution to regulatory uncertainty—essentially abandoning the US market—but sometimes there is no other choice. He emphasized that geofencing is an extreme and costly measure to ensure compliance with US laws.#Cryptocurrency #Geofencing #RegulatoryCompliance #KYC #USRegulations #CryptoFounders #VariantFund
🚀 Eigen Foundation Unlocks EIGEN Token, Enhancing Flexibility and Innovation
#EigenFoundation #EIGEN #tokenunlock #flexibility #innovation #decentralizedservices #cryptoeconomics #ecosystem #collaboration #developers
According to Odaily, the Eigen Foundation has announced the unlocking of the EIGEN token, introducing several new possibilities for its ecosystem participants. The unlocked token can now be freely transferred, traded, or staked, providing greater flexibility for users within the ecosystem. This move is expected to foster a more dynamic and adaptable environment for all stakeholders involved.
The unlocking of EIGEN also paves the way for open innovation. By creating new decentralized services on its flexible cryptoeconomic security layer, the community and developers are empowered to actively shape the future of EigenLayer. This development allows the use of staked assets to secure the ecosystem, thereby expanding potential applications within it. The enhanced security and flexibility are anticipated to drive further advancements and integrations, benefiting the broader ecosystem.
Moreover, the transferability of EIGEN encourages collaboration among developers, builders, and early adopters. By enabling the use of EIGEN for various execution and verification tasks, the opportunities for cooperation and development are significantly increased. This collaborative approach is expected to lead to a more robust and innovative ecosystem, as participants leverage the token's new capabilities to explore and implement diverse solutions.#EigenFoundation #EIGEN #tokenunlock #flexibility #innovation #decentralizedservices #cryptoeconomics #ecosystem #collaboration #developers
🚀 Ethereum Network Gas Fees Surge Amid Token Transfer News
#Ethereum #GasFees #EIGEN #TokenTransfer #Blockchain
According to BlockBeats, on October 1, Etherscan data revealed a significant increase in Ethereum network gas fees, reaching 62.5 gwei. This surge is believed to be influenced by the news of the 'EIGEN token transfer' becoming available.#Ethereum #GasFees #EIGEN #TokenTransfer #Blockchain
🚀 Ethereum-Based EIGEN Token Reports Current Price And Market Cap
#Ethereum #EIGEN #token #cryptocurrency #marketcap #tradingvolume
According to BlockBeats, as of October 1, the EIGEN token on the Ethereum blockchain is currently priced at $3.93. The token's fully diluted market capitalization stands at $6.61 billion, with a trading volume of $6.1 million.#Ethereum #EIGEN #token #cryptocurrency #marketcap #tradingvolume
🚀 SUI Surges Over 11% in 24 Hours
#SUI #Cryptocurrency #PriceSurge #USDT #MarketUpdate
According to Odaily, the cryptocurrency SUI experienced a significant price increase, briefly surpassing 1.93 USDT. As of now, SUI is trading at 1.9283 USDT, marking a 24-hour gain of 11.47%.#SUI #Cryptocurrency #PriceSurge #USDT #MarketUpdate
🚀 DeGate Launches EIGEN Spot And Grid Trading With Liquidity Mining Incentives
#DeGate #EIGEN #SpotTrading #GridTrading #LiquidityMining #ZKRollup #DGToken #USDC
According to Foresight News, DeGate, a decentralized exchange (DEX) based on ZK Rollup technology, has introduced EIGEN (Eigen) spot trading and grid trading. Additionally, the platform will offer liquidity mining incentives for the EIGEN/USDC trading pair through DG Token rewards.#DeGate #EIGEN #SpotTrading #GridTrading #LiquidityMining #ZKRollup #DGToken #USDC
🚀 Smart Money Investment in Slime Token Yields Significant Returns
#SmartMoney #Investment #SlimeToken #Returns #ForesightNews #DecentralizedExchange #Tiptag #EVMBlink #Blockchain #Cryptocurrency
According to Foresight News, data from basescan reveals that an investor, referred to as 'smart money,' purchased 100 million Slime tokens approximately two weeks ago for $77. The current value of these tokens has now exceeded $20,000.
Slime is the first token from the social asset distribution protocol Tiptag to successfully launch on a decentralized exchange (DEX). The token's market capitalization is currently around $170,000. Additionally, Slime is the first token on the Base chain to support EVM Blink.#SmartMoney #Investment #SlimeToken #Returns #ForesightNews #DecentralizedExchange #Tiptag #EVMBlink #Blockchain #Cryptocurrency