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The top-performing altcoins in the fourth week of October 2024 include:
➡️ Goatseus Maximus (GOAT): Surged by 210%, reaching a new all-time high of $0.902. It currently holds above $0.640 support, but if this level fails, it may drop to $0.466.
➡️ Safe (SAFE): Increased by 58%, trading at $1.48 with the potential to flip $1.64 resistance into support. Failure to hold $1.30 could trigger a pullback to $1.10.
➡️ Raydium (RAY): Rose by 40%, trading at $3.01 and aiming to breach $3.33 resistance. A retracement to $2.71 could occur if resistance holds.
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Hong Kong Exchanges and Clearing Ltd. will launch its "HKEX Virtual Asset Index Series" on Nov. 15, offering a new bitcoin and ether price benchmark during the Asian time zone to support informed crypto investing in the region.
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Meld Gold Launches Gold and Silver-Backed Stablecoins on XRP Ledger
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Daily Recap: Curve Finance Founder Raises $5M, Libra Fallout Continues
â–» Curve Finance founder Michael Egorov raised $5M for his new project, Yield Basis, at a $50M valuation, aiming to optimize liquidity for BTC and ETH holders.
â–» Meteora co-founder Ben Chow resigned following backlash over his involvement with the LIBRA memecoin, while the platform launched an insider trading investigation.
▻ Argentina’s President Milei denied promoting LIBRA, claiming he only intended to "spread the word." The token collapsed 95%, and Milei now faces fraud charges.
â–» Hyperliquid launched HyperEVM on mainnet, introducing Ethereum-compatible smart contracts