Alexsandra (alexa21)

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💎 What’s Happening with Ethereum? ETH reacts more strongly to market downturns than other coins. At the moment, it is trading at $1,866, around the levels of November 2023. 📉 Many in the crypto community fear the risks of further decline. Some experts believe that the project has already peaked in its development and that ETH’s promotion has simply been abandoned. 🧐 Some analysts have blamed Ethereum’s issues on Vitalik Buterin, whose behavior often becomes a topic of discussion. Others are convinced that ETH’s weakness is nothing more than the beginning of the “extinction” of altcoins.

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🗼 The trending digital platform FOUR continues its rapid growth. This was stated by the analytics firm TK Research. The platform’s popularity surged after the BNB Chain team released a video tutorial showing how to create a memecoin in just a few clicks. 📊 Over the past 7 days, its revenue has increased by 11.4%, surpassing $463,000. During the same period, the price of FOUR skyrocketed by 200%, drawing investors’ attention to this ecosystem. 🏆 BNB Chain launched Four.Pump as a response to Pump.fun on Solana. It is a platform for the instant creation of memecoins. Over the past 30 days, the issuance of new digital assets in the ecosystem has grown by 24.63%. On one particular day, 1,360 tokens were launched—an astonishing 6,685% increase compared to the previous day.

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🏆 Top 3 Altcoins to Watch in the 2nd Half of October ⏺ENA. The token price has jumped by almost 51% over the past week, reaching $0.42. The ENA rally was triggered by the news that Ethena wants to include SOL as collateral for the USDe synthetic stablecoin. ⏺EIGEN. On October 15, the EigenLayer team unlocked 11 million EIGEN. After the latest unlock, the token price jumped by 20%. There is reason to believe that this time the asset will also respond with growth. ⏺AVAX. This week, the Avalanche fund announced the buyback of 1.97 million AVAX from Terraform Labs. In April of this year, the organization sold these tokens for $45.5 million. At the current rate, they are worth almost $60 million.

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Visa Goes into Crypto 1. A platform for tokenized assets on the Ethereum blockchain will be created – Visa Tokenized Asset Platform. 2. In 2025, a stablecoin will be released in partnership with the Spanish bank BBVA.

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📈Global central banks are cutting rates at the fastest pace since Covid-19 (2020) Over the past 3 months, central banks have cut interest rates 35 times. During the peak of the 2009 financial crisis, central banks cut interest rates 76 times. The recent stock market crash is unlikely to be the start of a new bear market.

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⚡ Long-term holders have accumulated over 262,000 BTC ($15.5 billion) in the last 30 days, now accounting for 75% of the total supply. Despite the unique market, long-term holders are still holding on to the supply)

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