Category: AI

PlatONNetworkhasrecentlyannouncedanexclusivecollaborationwithUXUYfortheUXUYTelegramWallet’sintegrationintotheTelegramecosystem.AsperPlatON,thepartnershippromisestoofferanadditionaleffectiveandseamlessexperienceforconsumersbyprovidingaseriesofcryptoandfiatservicesviaTelegram.TheplatformtooktoitsofficialXaccounttoprovidethedetailsofthisinitiative. 🎊Thrilledtoannounceanews!👏#PlatONhaspartneredwith@uxuycomtointegratethe#UXUYTelegramWallet,offeringtheTelegramecosystemcomprehensivefiatandcryptoservices.With@topos_networkclearingsystem,merchantsanduserscanenjoybetterexchangeratesandlower…https://t.co/RZVhWh1HSX —PlatON(@PlatON_Network)October19,2024 PlatONandUXUYJoinForcestoEnhanceUserExperienceonTelegramWhileLeveragingToposNetwork Initslatestpost,PlatONnotedthatitscollaborationwithUXUYfocusesonenhancingtheuserexperience.Thedigitalcurrenciesarewitnessinganincreaseintheiradoption.Hence,thisdevelopmentfulfillsdemandsforcost-efficientandsecurefinancialservicesinthecommunityoftheTelegramcommunity.Asincludedinthiscollaboration,theintegrationwillbenefitfromtheclearingsystemofToposNetwork.Thispermitsusersandmerchantstoleveragemoresuitableexchangeratesalongwithminimizedtransferfees.Thisfurtherimprovestheplatform’sappeal. TheToposNetworkoffersadvancedinfrastructureconcerningblockchainsettlements.Thisguaranteesthattransfersarecost-effectiveandrapidatthesametime.Thus,itaddressesaprimarychallengeinthecryptosectorthatdealswithhighfeesforfiat-cryptoandcross-borderexchanges.PlatON’sfocusonfinancialinfrastructureandprivacy-preservingcomputationcontributestothisendeavor. TheInitiativeIncreasesPlatON’sAccesswithintheTelegramNetwork Additionally,theintegrationwillpermitPlatONtoincreaseitsaccesswithintheTelegramnetwork.Itwillprovideitsresilientblockchainsolutionsforawideraudience.Thesynergyoftheprivacy-focusedarchitectureofPlatONandtheuser-friendlyinterfaceofUXUYrevolutionizestheoverallexperience.Asaresultofthis,Telegramconsumerscangetanintuitiveandsecureexperiencetotakepartincryptotransfersandservices.AccordingtoPlatON,thepartnershipalsosignifiesthecommitmentofUXUYtobroadeningitsecosystemwiththeadditionofadvanceddAppsandblockchains. blockchainreporter.net

ThecryptocurrencymarketsawseveraltokenspostimpressivegainsonOctober19,withsomeexperiencingdouble-digitincreases.LeadingthechargewasLUMIA($LUMIA),whichsurgedbyanoutstanding42.9%.AccordingtoPhoenix,awell-knowncryptomediaoutlet,therisesignalsgrowinginterestintheproject.Itseemstohavealotofpotentialwhichiswhyinvestorsseemtobeokwithitsfastrisingprice. DAILYGAINERS$LUMIA+42.9%$MATH+21.0%$SLP+18.7%$HEART+16.4%$BNX+14.6%$YGG+13.9%$WLD+12.4%$AXS+11.8%$TAI+11.6%$XRD+11.6%#dailygainerspic.twitter.com/Y36jgIbI5S —PHOENIX–CryptoNews&Analytics(@pnxgrp)October19,2024 MATHGains21.0%,FollowingLUMIAAtADistance AfterLUMIA’sgoodshowing,MATH($MATH)wasup21%.Suchanupwardmovementofthetokenprovesthesustainedfaithofinvestorsintheecosystemitrepresents.Moreover,SmoothLoveProtocol($SLP)surgedby18.7%asmorepeopleflockedtodecentralizedfinance(DeFi).Thefocusoftheprojecttomotivatetheusershascontributedtoitssustainabilityinthemarket. OthergainersincludedHumans.ai($HEART)itroseby16.4%ontheday.BeinganAI-basedblockchainproject,itfurtherkeepsondrawinginterestwithitsapproachtointegratingartificialintelligencewiththeblockchain.AnotheronewasBniaryx($BNX),whichroseby14.6%,asmorepeoplearegettingattractedtoitsplatform. CryptoMarketSeesStrongGainsAcrossMultipleTokens YieldGuildGames($YGG)roseby13.9%provingthattheplay-to-earngenreofgamesisgainingtraction.Withmoreplayerscomingtotheplatform,theneedforthetokenhasgoneup,thus,havingapositiveeffectonthetoken’svalue.Likewise,Worldcoin($WLD),whichwentupby12.4%,becausethesharingofdatafortokensmodeloftheprojectstillgeneratesinterestamongthecryptocommunity. Othertokensalsogaveothergoodresults.AxieInfinity($AXS)increaseby11.8%andremainsoneoftheleadingblockchaingamesavailableonthemarket.TarsProtocol($TAI)wasup11.6%,asthecommunityembracedthefirm’sdecentralizedservices.Radix($XRD)alsogained11.6%astheprojectcontinuestopushfurtherintotheDeFispace. Altogether,thesetokensgiveapositivesignalforthecryptomarketasmanyinvestorsarewillingtoinvestinnewprojects.Inthecurrenttradingsession,themarketappearstobeinthebullishtrend;itsdirectionoftradingwillbeworthwatchinginthenextfewdays. blockchainreporter.net

InthelegalbattlebetweenRippleandtheUnitedStatesSecuritiesandExchangeCommission,theSEChasfiledtheCivilAppealPre-ArgumentStatement(FormC)withattachmentsthisweek. Notably,thedocumentfiledbytheSECwasdatedOct.16,butthecourt\'sfilestampmarksthedocumentasreceivedOct.17,leadingtoquestionsaboutthesignificanceofthesedatesandtheappealdeadline. TheSEC\'sfilingoftheFormCcivilappealisacrucialstepinitseffortstocontesttheJulysummaryjudgmentrulinginfavorofRipple,viewedasalandmarkdecisionforthecryptoindustry. TheSECisappealingthesummaryjudgmentrulingon:Ripple\'sXRPsalesthroughexchanges,Ripple\'sdistributionofXRPtoemployeesandothersandRippleexecutivesBradGarlinghouseandChrisLarsen\'ssalesofXRPonexchanges.StuartAlderoty,Ripple\'schieflegalofficer,notedthattheSEC\'sFormCdoesnotappealtherulingthatXRPisnotasecurity. However,theSECappeal\'sexactfilingdatehasraisedquestions.WiththeSEC\'sdocumentdatedOct.16,butthecourt\'sofficialfilingdatebeingadaylater,speculationhasemergedaboutwhethertheSECmettheappropriatedeadlineforitsappeal. SECveteranweighsin FormerSECregionaldirectorMarcFagelhasweighedinonthematter,statingthatthediscrepancybetweenthedocument’sdateandthecourt’sfilestampremainsirrelevant. Ortoputitanotherway--ifalawyerfilessomethingearly,it\'snotlikealltheotherdeadlinesmoveupinresponse.Fileonday1orday14,theopposingbriefisstillduethesamedate;thehearingisthesamedate;etc.Nothingisdelayed&nobodyisprejudicedbywaiting. —MarcFagel(@Marc_Fagel)October19,2024 FagelwasrespondingtoanXpostbyXRPcommunitymemberJunglewhichcitedtheSECsayingthatthelatefilingwastimely,\"AnSECspokespersonclarifiedthattherecentfilinginquestionwasindeedsubmittedontime,despitediscrepanciesinthetimestamponFormC.PerMetaLawMan,sincethefilinghasn’tbeenrejectedyet,it’slikelythecourtwillacceptit.Now,alleyesareonRipplefortheirresponsenextweek,\"hispostread. Inresponse,Fagelhighlightsthatthismightbeirrelevant.\"YouseriouslyoverestimatehowmuchSECattorneyscareaboutwhatpeoplearesayingonCryptoTwitter.TheypulledtogetherthematerialsWednesdaymorning(astheevidenceshows);whyittooksolongforittoshowuponthedocketnobodyquiteunderstands,butit\'sirrelevant,\"hestated. Fagelfurtherstated:\"Ortoputitanotherway,ifalawyerfilessomethingearly,it\'snotlikealltheotherdeadlinesmoveupinresponse.Fileonday1orday14,theopposingbriefisstillduethesamedate;thehearingisthesamedate;etc.Nothingisdelayedandnobodyisprejudicedbywaiting.\" u.today

Almost70%ofinstitutionalinvestorsinEthereum(ETH)areparticipatinginETHstaking,with60.6%ofthemusingthird-partystakingplatforms. EthereumStakingLandscapeAtAGlance AccordingtoareportbyBlockworksResearch,69.2%ofinstitutionalinvestorsholdingEthereumareengagedinstakingtheplatform’snativeETHtoken.Ofthese,78.8%areinvestmentfirmsandassetmanagers. Notably,slightlymorethanoneoutoffiveinstitutionalinvestors–or22.6%–oftherespondentssaidthatETHoranETH-basedliquidstakingtoken(LST)constitutesmorethan60%oftheirtotalportfolioallocation. ThereportnotesaseismictransformationintheEthereumstakinglandscapesincethenetworktransitionedfromaproof-of-work(PoW)toproof-of-stake(PoS)consensusmechanismduringtheMergeupgrade. Atpresent,therearecloseto1.1millionon-chainvalidatorsstaking34.8millionETHonthenetwork.FollowingtheMerge,EthereumnetworkparticipantswereallowedtowithdrawtheirETHonlyaftertheShapellaupgradeinApril2023. AftertheinitialphaseofETHwithdrawals,thenetworkhasseensteadyinflows,indicatingstrongdemandforETHstaking.Atpresent,28.9%ofthetotalETHsupplyisstaked,makingitthenetworkwiththehighestdollarvalueofstakedassets,valuedatover$115billion. It’sworthnotingthattheannualizedyieldfromstakingETHisaround3%.AsmoreETHisstaked,theyielddecreasesproportionally.However,networkvalidatorscanalsoearnadditionalETHthroughprioritytransactionfeesduringperiodsofhighnetworkactivity. Third-PartyStakingOvershadowsSoloStaking AnyonecanparticipateinETHstaking,eitherasasolostakerorbydelegatingtheirETHtoathird-partystakingplatform.WhilesolostakinggivesthestakerfullcontrolovertheirETH,itcomeswithahighentrybarrierofstakingatleast32ETH–worthmorethan$83,000atcurrentmarketpriceof$2,616. Conversely,holderscanstakewithaslittleas0.1ETHthroughthird-partystakersbutmustgiveuponsomedegreeofcontrolovertheirassets.Recently,Ethereumco-founderVitalikButerinstressedtheneedtolowerentryrequirementsforETHsolostakerstoensuregreaternetworkdecentralization. Currently,about18.7%ofstakersaresolostakers.However,thetrendshowsthatsolostakingislosingpopularityduetothehighentrythresholdandtheinefficiencyoflockedcapital.Thereportexplains: Oncelockedinstaking,ETHcannolongerbeusedforotherfinancialactivitiesthroughouttheDeFiecosystem.ThismeansthatonecannolongerprovideliquiditytoavarietyofDeFiprimitives,orcollateralizeone’sETHtotakeoutloansagainstit.Thispresentsanopportunitycostforsolostakers,whomustalsoaccountforthedynamicnetworkrewardratesofstakedETHtoensuretheyaremaximizingtheirrisk-adjustedyieldpotential. Asaresult,third-partystakingsolutionsarebecomingmorepopularamongETHstakers.However,suchplatforms–dominatedbycentralizedexchangesandliquidstakingprotocols–raiseconcernsaboutnetworkcentralization. Closeto48.6%ofETHstakersleveragingthird-partystakingplatformsareusingjustoneintegratedplatformsuchasCoinbase,Binance,Kiln,andothers. Thereporthighlightskeyfactorsdrivinginstitutionalinvestorstousethird-partyplatforms,includingplatformreputation,supportednetworks,pricing,easeofonboarding,competitivecosts,andplatformexpertise. AlthoughtheEthereumstakingecosystemisevolving,thisgrowthhasnotyetbeenreflectedinETH’sprice.ETHhassignificantlyunderperformedagainstBTCforanextendedperiod,onlyrecentlygainingtractionaftertheUSFederalReserve’s(Fed)decisiontocutinterestrates. Nonetheless,somecryptoresearchfirmsremainoptimisticaboutETH’spotentialcomebackagainstBTClaterthisyear.Asofpresstime,ETHistradingat$2,616,up0.8%inthepast24hours. FeaturedimagefromUnsplash,ChartsfromBlockworksResearchandTradingview.com newsbtc.com

Awhalehasrecentlycausedastirinthecryptocurrencymarketswithsignificantbuyingactivityfocusedon$GOAT,thenativetokenoftheGoatseusMaximusecosystem.Thewhale’sactivity,startingroughly20hoursago,hasledtosubstantialmarketmovements,particularlyconcerningtheliquidityandpriceof$GOAT. Crazybuyingof$GOAT! 20hoursago,awhalewithdrew4M$USDCfrom#Binancetobuy$GOATvia2wallets! Sofar,thewhalehasspent3.07M$USDCtobuy10.09M$GOATat$0.3045,with0.93M$USDCleft. Thebuyingisstillgoingon.https://t.co/8WZ9baT3DM…pic.twitter.com/6TrEB500gx —Lookonchain(@lookonchain)October18,2024 Around20hoursago,awhalewithdrewaneye-catching4million$USDCfromBinanceandfunneleditintotwoseparatewallets.AccordingtotransactiondatacapturedfromSolscan,thismovementappearstohavebeensolelydedicatedtopurchasing$GOATtokens.Thewhale’swallets,identifiedaskeyplayersinthetransaction,havealreadyspentasignificantportionofthewithdrawnUSDCtoaccumulate$GOATtokensinlargequantities. AccordingtoLookonchain,sofar,thewhalehasexpendedapproximately3.07million$USDCinexchangefor10.09million$GOATtokensatanaveragepriceof$0.3045pertoken.Thewhale’saccumulationisongoing,with930,000$USDCstillremaining,hintingthatfurtherpurchasescouldsoonoccur.Thiscouldcontinuetobolster$GOAT’sliquidityandpossiblysustaintheupwardpricemomentum. PriceActionandMarketResponse Thewhale’sactivityseemstohavealreadyimpacted$GOAT’sprice,withthetoken’svaluefluctuatinginresponse.Thecurrentpricestandsat$0.3488,accordingtothecharts,whichsuggestsastrongupwardmovementfromthewhale’sentrypoint.Tradingvolumehasalsoseenasignificantuptick,witharound57,784transactionsbeingrecorded,indicatingthatthemarketiscloselywatchingthisdevelopment. Whilethebuyingfrenzyisstillongoing,itisyetunclearhowmuchmore$GOATthewhaleintendstopurchaseorwhetherthisispartofalonger-termstrategy.However,thisaccumulationhasdrawnattentionfromtradersandinvestorsacrossvariousplatforms,andthetoken’smarketdynamicscouldseefurthershiftsasthiswhalecontinuestomakemoves. PotentialMarketImpact The$GOATwhale’saggressivebuyinghasundoubtedlybroughtheightenedattentiontothetoken.Themarketcaphassurgedto$343.1million,and$GOATappearstobegainingmomentum.Whetherthisupwardtrendcontinueslargelydependsonthewhale’snextactionsandhowthebroadermarketreactsinthecominghoursanddays. Theongoingbuyingspreecouldsignalapotentialbullishtrendfor$GOAT,especiallyifotherlargeplayersfollowsuit.Tradersandinvestorswillbekeepingacloseeyeonfuturewalletmovementstoassesswhetherthisisashort-termplayoramoreextendedaccumulationphase. blockchainreporter.net

AccordingtoBloombergsourceswithknowledgeofthematter,KamalaHarris’stransitionteamisdebatingwhomtorecommendtotheWhiteHouseforthepositionofGaryGensler’sreplacement.

TheU.S.SecuritiesandExchangeCommission(SEC)approvedstockexchangerulechangesthatpermitthelistingofoptionstiedtospotbitcoinETFs,broadeningtheinvestmentecosystemaroundproductsthat\'vereceivedbillionsofdollarsofinflowsthisyear. AccordingtotwomemosfromtheSECpublishedFridayafternoon,NYSEwillbeallowedtolistandtradeoptionsontheGrayscaleBitcoinTrust(GBTC),theGrayscaleBitcoinMiniTrust(BTC)andtheBitwiseBitcoinETF(BITB).CboeGlobalMarketsgotapprovaltolistandtradeoptionsontheFidelityWiseOriginBitcoinFund(FBTC)andtheARK21SharesBitcoinETF(ARKB). TheapprovalcomesseveralweeksaftertheSECapprovedNasdaq\'sruleproposaltoallowthelistingandtradingofoptionsonBlackRock\'siSharesBitcoinTrust(IBIT). Optionsarederivativesthatallowthepurchaseorsaleofanunderlyingasset–inthiscase,bitcoinETFs–atapredeterminedpriceonorbeforeanagreedupondate.ManymarketparticipantsbelievethatoptionstradingonbitcoinETFswillincreaseinstitutionalinterestincryptoandincreaseoverallliquidity. InitsNYSEapproval,theSECwrotethatitbelievesoptionsonthebitcoinETFs\"wouldpermithedging,andallowformoreliquidity,betterpriceefficiency,andlessvolatilitywithrespecttotheunderlyingFunds,\"aswellas\"enhancethetransparencyandefficiencyofmarketsintheseandcorrelatedproducts.\" coindesk.com

AnIndiannationalhasbeensentencedtofiveyearsinprisonafterbeingconvictedofstealingmorethan$20millioninacryptofraudschemeinvolvingfakecryptowebsites. U.S.DistrictJudgeKennethD.BellsentencedChiragTomar,a31-year-oldIndiancitizen,to60monthsinprison,theU.S.JusticeDepartmentannounced.Tomarwillalsoservetwoyearsofsupervisedreleasefollowinghissentence. Hissentencingisthelatestconvictioninaseriesofsimilarfraudschemes. Cryptofraudviaspoofedwebsite AccordingtoDenaJ.King,U.S.AttorneyfortheWesternDistrictofNorthCarolina,Tomarstoleover$20millionfromhundredsofpeoplebydupingthemintousingfakeor“spoofed”websites.TheschemedatesbacktoJune2021. TheprosecutionstatedthatTomarandco-conspiratorstargetedvictimsacrosstheworldandintheUnitedStates,byspoofingU.S.-basedcryptoexchangeCoinbase. Spoofingisacybercrimewhereamaliciousactorusesdisguisetoconvincevictimsintothinkingtheyareusinganofficialortrusted–wheninfactit’safakeone.Inthiscase,TomarandothersusedafakeURLofCoinbase’scryptoexchangesite“Pro.Coinbase.Com”.TheyusedtheURLCoinbasePro.Com,completewithafraudulentwebsitethatunsuspectingvictimsunknowinglyallowedthecybercriminalstoaccesstheirauthenticationdetailsonCoinbase. Usingremotedesktopsoftware,thefraudstersstolefromvictims,withsomecasesinvolvingimpersonationofCoinbasecustomersupportstaff. CourtdocumentsrevealthataNorthCarolinacryptouserlostmorethan$240,000inFebruary2022. Tomar,whousedthestolenfundstobuyluxuryvehiclesandfinancelavishtripstoDubaiandotherlocations,wasarrestedinDecember2023.HepleadedguiltytochargesincludingwirefraudconspiracyinMay2024. Earlierthisweek,acourtintheU.S.sentenceda46-yearoldmanto20yearsinprisonovercryptofraud. Meanwhile,aGermanmanfacinga$150millioncryptofraudcaseinNewYorkisontherunafterskippingahearing. crypto.news

ThepriceactionofXRPhasbeenstrengtheningrecently,indicatingthatthedeathcrossthathasbeenapproachingforseveralmonthsisnotgoingtooccur.Whenashort-termmovingaveragecrossesbelowalong-termmovingaverage,itisknownasadeathcrossandusuallydenotesbearishmomentum.TheperformanceofXRPlately,though,pointstoapotentialreversal. The200-dayEMAisacrucialtechnicallevelthattradersfrequentlymonitor,anditiscurrentlywhereXRPisfindingresistance.Ascanbeseenfromtheattachedchart,XRPisbattlingthiscrucialresistancebycirclingaroundthe$0.55range.Theassetmightavoidthedeathcrossifthereisasuccessfulbreakabovethe200EMAandthestartofanewuptrend.AnothersignofadecisionpointistheconvergingEMAs. ShouldXRPbeabletomaintainitspositionabovethisbarrier,newbullishmomentummaybegenerated,whichwouldenablethetokentokeeprising.Conversely,ifXRPisunabletoovercometheresistance,itcouldbeforcedbackdownhill,whichwouldraisethepossibilitythatthedeathcrosswilloccur.XRP\'sfutureisnowlargelydependentonitsabilitytoovercomethissignificantresistancelevel. Theassetmaybeabletoavoidtheapproachingbearishsignalandstartalong-termuptrend,orthemarketmayexperienceadditionalsellingpressureinthecomingweeks.Thesedevelopmentswillbedeterminedbyfuturepricemovements.Formoreclarityastowhatdirectiontotake,observethevolumeandpricereactionsintheupcomingdays. Bitcoinfinallydoesit Bitcoinhasjustendedalong-termdecliningtrendlinethatstartedinMarch2024bybreakingthroughasignificantresistancelevelof$66,000.Thelong-awaited$70,000markcouldbewithinreachifthisbreakoutstartsalong-termpricerally.Butthereisabigworry:thebreakout\'slowvolumesuggeststhatbullsarenotinarushtoraisethepriceofBitcoin. Technically,itissignificanttobreakabove$66,000,butintheabsenceofsignificantbuyerinterest,itismeaningless.Thelowvolumeraisesthepossibilitythatbullsmaylackthemomentumnecessarytomaintainastronguptrend,endangeringthepossiblerally.ThisbuyerreluctancesuggeststhattheremaybeobstaclesinthewayofBitcoin\'spushtoward$70,000. Theamountof$65,900isthenextimmediatesupportlevel.ThebullishargumentforBitcoincouldbefurtherunderminedifthepricedropsbackintoaconsolidationphaseifitisunabletomaintainabovethislevel.ButifBitcoinisabletomaintainitspriceabove$66,000anddrawinmorebuyers,theremaystillbeapushforthepricetorise,perhapsreaching$70,000. Bitcoinisstillatacrucialpointrightnow.Theconfirmationthatbullsarepreparedtotakeoverandpushpriceshigherrequiresasignificantspikeinvolume.Ifnot,thisbreakthroughmightprovetobeafalseindication,makingBitcoinsusceptibletodownwardpressure. Dogecoinpushesforward Dogecoiniscreatingastirasitbreachesasignificantresistancelevel,suggestingthatthememecoinmaybeabouttoundergoachangeinmomentum.DOGEhasrecentlybeencaughtinadoubletop,adescendingpatternthatusuallyindicatesbearishpriceaction. ButnowthatDogecoinhassurpassedthecrucial$0.13threshold,thepatternisnolongervalid.Incontrasttorevertingtoitspreviousbearishcycle,breakingthroughthistopindicatesthatDogecoinmaybepreparingforalong-termuptrend.ThisbreakisimportantbecauseitallowsDOGEtoriseevenhigher,particularlyifbuyingpressurekeepsincreasing.Thenextsignificantobstaclemaybewellintohigherpricelevels,whichwouldgivebullsampleopportunitytodrivethepricehighernowthat$0.13haspassed. SinceDogecoinhasreversedthescriptbymovingabovethedoubletoppattern,whichnormallyindicatesweakness,invalidatingitisespeciallycrucial.ThismakesroomforamorehopefulscenarioinwhichDOGEkeepsgrowing.Althoughvolatilityshouldalwaysbetakenintoaccount,Dogecoin\'srecentperformancesuggeststhatalong-termbullrunmaybeinthecards. DOGEmaytargetevenhigherlevelsifbuyerskeepbuyinganddrivethepriceabovesignificantresistancelevels.Asthebreakoutcontinues,however,themovepast$0.13isencouragingforDogecoinfansforthetimebeing,andthereappearstobeagoodchanceforadditionalgains.Intheupcomingdays,monitorthemarket\'sresponsetodeterminewhetherthisrallyhasgenuineenduringstrength. u.today

Acryptowhaleislookingatamassivemulti-milliondollargainonaSolana(SOL)-basedmemecoinafterjustfivedays. Accordingtoon-chaindatatrackerLookonchain,adeep-pocketedinvestorturned$727worthofGoatseusMaximus(GOAT)into$2.44million. “Thisguysoldall15.15millionGOAT,turnedfiveSOL($727)into15,883SOL($2.44million)injustfivedays,a3,176xreturn!Interestingly,henamedhimself‘stupidmoney.sol’.” Lookonchainalsospottedanothersavvyinvestorwhoislookingat$2.8millioninprofitsafterbuyingmorethan10millionGOATonOctober11th. “Thissmartmoneymade$2.88million(+3,360%)onGOAT…Hespent603SOL($86,000)tobuy10.7millionGOAT($3.75millionatpeak)sixdaysagoandsold0.7millionGOATfor1,453SOL($222,000),leaving10millionGOAT($2.74million).” ThememecoinrecentlyearnedalistingonGate,Crypto.comandHTXexchanges. GOATistradingfor$0.2933attimeofwriting,up18.5%inthelast24hours.Withacurrentmarketcapof$291.7million,GOATisthe220thlargestcryptoproject. PseudonymousanalystAltcoinSherparecentlysaidthatthemarketcapofGoatseusMaximuscouldsoarmorethan71%itscurrentvalue. “GOAT:$500millionnextinmyopinion.Stillholdingabigbagofthisandwillconsidertakingabitofprofitthere.” GeneratedImage:Midjourney dailyhodl.com