Altcoin
Top TON Ecosystem Airdrops Happening This Fall
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Since the start of 2024, the metrics of The Open Network (TON) ecosystem have skyrocketed by hundreds or even thousands of percent. This unprecedented growth was driven by Telegram, specifically by mini-apps in the messenger that are built on TON.
Here are the most anticipated airdrops this fall in the TON network.
Catizen
- When: September 24
- Amount: 430 million CATI
Catizen is a project in the tap-to-earn segment, operating as a mini-app in Telegram. Since its launch, the game has attracted over 34 million users and generated $26 million in in-game purchases.
The Catizen team has planned the launch of the CATI token on September 24. It’s still unclear whether the airdrop will happen on the same day. Several cryptocurrency exchanges, including OKX, Bybit, Bitget, KuCoin, and HashKey Global, have already announced the listing of the CATI coin.
According to the project’s whitepaper, the total supply of CATI will be 1 billion tokens, with approximately 43% allocated for community rewards.
Hamster Kombat
- When: September 26
- Amount: 60% of the total (unknown) supply of HMSTR
One of the most anticipated events of recent months is the launch of the HMSTR token from Hamster Kombat. This extremely popular “tap game” has become a phenomenon, with over 150 million players.
The Hamster Kombat Token Generation Event (TGE) will take place on September 26. The total supply of HMSTR is still unknown, but 60% of it is reserved for the hamster community.
Read more: 3 Upcoming TON Blockchain Airdrops For The Month
The creators of this clicker game have previously outlined the conditions necessary to participate in the airdrop, which will also determine the size of the reward.
Cats
- When: Late September
- Amount: Unknown
Cats is a near-copy of the popular mini-app DOGS, which recently launched its token of the same name. Similar to the original, Cats awards points based on the user’s Telegram account age and their subscription to Telegram Premium.
CATS tokens can also be earned by completing various tasks, such as subscribing to the project’s social media or inviting friends. The Cats Telegram channel already has over 12 million subscribers.
In late August, Bitget opened the pre-market for CATS tokens. Meanwhile, OKX announced a joint initiative with Cats, distributing $30,000 among users who complete specific tasks.
The CATS listing is expected in the second half of the month.
Major of Telegram
- When: October 1
- Amount: 400 million MAJOR
Major is a Telegram game launched in early July of this year. The project is a competition for rankings—players must become “the best of the best.” Popularity in the app is measured by stars, which can be earned through Telegram Stars.
According to the developers, Major attracted 4.5 million players in just three days. The current number of users exceeds 30 million. The project is partnering with Catizen and BingX.
The MAJOR token is set to launch on October 1. The total supply will be 1 billion tokens, with 40% allocated to the community. The token’s pre-market is already open on Bitget.
TON Station
- When: October 6
- Amount: Unknown
TON Station is a platform that combines Web2 and Web3 functionalities. Users can earn passive income by completing daily tasks and participating in various game activities. The integration of the SOON token creates a unique economic model, allowing players to influence the platform’s development.
The project’s partners include Binance Smart Chain (BSC), Linea, Polygon, OKX, and Blum.
Read more: Best Upcoming Airdrops in 2024
Farming of SOON coins on the TON Station app will end on October 4, followed by the token’s listing on crypto exchanges. The tokenomics of the project have not yet been released.
MemeFi
- When: October 9
- Amount: 9 billion MEMEFI
MemeFi is a gaming platform on Telegram that offers users the opportunity to earn cryptocurrency. Digital assets can be earned by participating in battles and collecting memes. The game combines elements of a clicker and a collection game.
According to the developers, more than 45 million players have already joined MemeFi.
The launch of the MEMEFI token is scheduled for October 9. The project team has noted that the token will be listed on several major centralized exchanges (CEX), but specific names have not been disclosed.
According to the tokenomics of MemeFi, the total supply will be 10 billion tokens, with 90% allocated to the community. The remaining funds will be distributed among early investors and partners, as well as used for liquidity.
X Empire
- When: October 15
- Amount: Unknown
X Empire is a clicker game on Telegram similar in mechanics to Hamster Kombat. However, instead of a hamster, players “tap” Elon Musk to level him up and increase their hourly earnings.
In just two months, X Empire has attracted over 30 million players.
The mining phase of in-game coins will end on September 30, with the token listing of XEMP scheduled for October 15. The project has yet to share the tokenomics.
Disclaimer
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Altcoin
Litecoin Whales On Buying Spree Sack 930K Coins Amid LTC ETF Buzz, What’s Next?
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Litecoin whales have shaken the crypto market to its core on Saturday, embarking on a massive buying spree amid the latest ETF advancement. Renowned crypto analyst Ali Martinez revealed that these whales accumulated nearly 1 million tokens over the past two weeks. Investors are eyeing this as a highly bullish event, given that the market has also seen Canary Capital’s LTC ETF on the Depository Trust & Clearing Corporation (DTCC) recently.
Litecoin Whales Buy Heavily, Investors Bullish Amid ETF Development
According to an X post by Ali Martinez on February 22, Litecoin whales acquired 930,000 tokens in the past two weeks. This data reverberated substantial market optimism for the crypto, underscoring heightened buying pressure despite the broader market turbulence.
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Notably, crypto whales are large-scale investors with considerable trading experience in the market. Their trade maneuver to accumulate coins surfaces as bullish news, underlining market confidence in the token’s potential to gain on the back of recent developments.
Canary Capital’s ETF Emerges On DTCC
The latest ETF development for the token has solidified hopes of an approval ahead. CoinGape reported that Canary’s LTC ETF appeared on the DTCC platform under the ticker LTCC this week. This saga has solidified investor bullishness as an exchange-traded product backed by the crypto may be available soon.
Also, renowned ETF analyst Eric Balchunas further anticipated that there is a 90% chance of approval in 2025. The Litecoin whale accumulations amid this bullish event have further boosted the coin’s market sentiment, indicating potential gains ahead.
LTC Price Eyes Rally?
However, despite the massive buying, LTC price tanked over 5% on Saturday, closing in at $128.13. The coin hit a bottom and peak of $123.93 and $139.86 in the past 24 hours. The weekly chart for the token also illustrated a 3% drop. This waning action primarily falls in with the broader crypto market volatility.
Nevertheless, renowned crypto trader Carl Moon took to X, revealing that a $143 price target looms for the token. As per Carl, LTC is forming a bullish flag on lower timeframes, signaling an uptrend ahead. The significant buying pressure brought by Litecoin whales further supports this bullish prediction.
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Crypto market traders and investors thoroughly monitor the token, reflecting optimism amid recent ETF developments and strong whale support.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Altcoin
Lawyer Estimates Maximum Timeframe for Ripple vs SEC Case Dismissal
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Amidst the SEC’s positive approach to XRP exchange-traded funds (ETFs), anxiety is building around the potential resolution of the Ripple lawsuit. Notably, the recent settlement of the Coinbase case has fueled community optimism about a potential dismissal of the XRP lawsuit. According to legal expert Jeremy Hogan, a settlement in the Ripple vs. SEC case is possible as early as Q2 2025.
Will XRP Lawsuit be Settled by May 2025?
As the community awaits an imminent resolution in the XRP lawsuit, advocate Jeremy Hogan shared his insights. In an X post, Hogan stated that the Ripple vs. SEC case could witness a settlement by the first half of April or early May. However, he clarified that the prediction is merely his intuition and not based on any concrete evidence.
Hogan’s comments came in response to Good Morning Crypto host Johnny Krypto’s post. Addressing Hogan, Johnny Krypto shared a thread, seeking the lawyer’s opinion on the impending conclusion of the XRP lawsuit. The message read, “Do you think the XRP case can get dropped sooner than you originally thought or does May still feel right to you gut??
Coinbase Case Closure and XRP Lawsuit Settlement
In a surprising development, the US SEC agreed to drop the prolonged Coinbase lawsuit, marking a significant milestone in the crypto space. The move also highlights the SEC’s regulatory changes that visions the establishment of the US crypto environment.
Celebrating the significant development, Coinbase CEO Brian Armstrong posted on X that the platform reached an agreement with the SEC after “years of litigation, millions of your taxpayer dollars spent, and irreparable harm done to the country.”
Meanwhile, Jeremy Hogan sees the Coinbase suit dismissal with prejudice as a strong win, as it permanently closes the case. He means that there is no room for the SEC to refile the case.
Notably, as per Hogan’s words, the SEC’s bold move suggests they’re not waiting for Commissioner Atkins’ confirmation to take decisive action on crypto regulation. This implies the SEC might make more crypto-friendly moves even before Atkins takes office, potentially indicating an imminent XRP lawsuit settlement.
SEC’s XRP ETF Acknowledgements Spark Enthusiasm
Over the last few days, the SEC has taken significant steps towards potentially approving XRP ETFs. Particularly, the SEC acknowledged XRP ETF applications submitted by multiple asset managers including Grayscale, 21Shares, CoinShares, Bitwise, and Canary Capital.
This optimistic move, coupled with the SEC’s decision to drop the Coinbase case, has sparked speculations of an early XRP lawsuit settlement. Previously, Jeremy Hogan posited that the XRP lawsuit conclusion could be possible before the SEC’s approval of an XRP ETF.
Although the SEC’s ETF nod doesn’t assure approval, it has fueled community optimism about a potential ETF launch and lawsuit dismissal. As per wider speculations, with the SEC recognizing XRP ETF applications, a lawsuit dismissal is now within reach.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Altcoin
Will Pi Coin Surpass XRP Price After Binance Listing?
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The Pi coin finally launched on the mainnet today, which has already led to predictions on how high the crypto could rise following the launch. Now, crypto analyst Gem Hunter has provided a bullish outlook for the coin, suggesting that it could even surpass the XRP price after it gets listed on Binance.
Pi Coin Could Surpass XRP Price After Binance Listing
Gem Hunter recently suggested that the Pi coin price could surpass the XRP price after a potential Binance listing. In an X post, the analyst noted that Pi network’s chart doesn’t look bad at all and hinted that the current price was the bottom.
The analyst further remarked that the Pi coin had recorded almost $1 billion trading volume in eight hours despite listing on only a few centralized exchanges (CEXs). Gem Hunter stated that the real fun will start when Binance and other top crypto exchanges list Pi. As such, he urged market participants to buy the dip and hold.
The analyst’s accompanying chart showed that the Pi coin price could rally to as high as $2.8 when Binance and these top exchanges potentially list the coin. A rally to this price level could put Pi above the XRP price, which is currently trading at around $2.6.
It is worth mentioning that Binance is currently running a community poll on whether it should list Pi. Most community members have voted for the top crypto exchange to list the coin. As such, there is the possibility that Binance could list the crypto at some point, which would provide some bullish momentum for its price.
The Pi network mainnet officially launched today. Consequently, the Pi coin also went live on several exchanges, including OKX, and reached an all-time high (ATH) of $2.2 before witnessing a price correction.
XRP Price Could Surge Before Then
Crypto analyst Dark Defender recently predicted that the XRP price could surge to $3 soon enough, a move which would see the crypto surpass the projected $2.8 level for Pi coin. According to the analyst, XRP will see a break towards $2.77 first and then towards $3 “within hours.”
Meanwhile, in his analysis of XRP in the 12-hour time frame, crypto analyst Egrag Crypto noted that the coin has bounced off the low edge of the ascending triangle, showing bullish momentum. The analyst stated that targeting $2.83 is the next bullish milestone for XRP.
Egrag Crypto further remarked that a bullish signal will occur when XRP closes above the $2.90 and $3.10 range with confirmation. He claimed this would turn this range into strong support for a bullish continuation and a major milestone from a structural perspective.
The XRP price is already up today thanks to bullish fundamentals such as the SEC’s acknowledgment of the XRP ETFs and Hashdex’s XRP ETF, which is set to launch in Brazil.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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