Key Market Intelligence on October 24th, how much did you miss out on?
Top News
1. x402 Protocol Token PING Surpasses $32 Million Market Cap, 24-hour Surge of 802%
2. Base Ecosystem Tokens See Uptrend, PING, CLANKER, and VIRTUAL Lead in Popularity
3. Jupiter to Launch New ICO Platform, First Project to Start in November
4. Binance Alpha to List APRO(AT), Phase One Airdrop Threshold at 220 points
5. CLANKER Market Cap Exceeds $36 Million, Nearly 50% Surge in 24 hours
Trending Topics
Source: Overheard on CT (tg: @overheardonct), Kaito
Here is the Chinese-to-English translation of the original text:
[MET]
MET has rapidly become a market focus due to its listing and active trading. The token has now landed on multiple exchanges such as OKX, Bybit, KuCoin, with a market cap of approximately $6.7 billion. The community is generally optimistic about its innovative liquidity pool technology and active community support. However, some voices are also concerned about its founder facing a class-action lawsuit for alleged "pump and dump" activities. Despite the controversy, the overall market sentiment remains positive, with many users celebrating the airdrop and looking forward to the project's future development.
[HYPERLIQUID]
Decentralized exchange platform Hyperliquid (token $HYPE) sparked discussions by listing on Robinhood—Robinhood's move to list ahead of Coinbase and Binance is seen as a strategic action. In addition, Hyperliquid Strategies Inc. has submitted a $1 billion funding application, with the market speculating that it may be used to increase holdings of $HYPE, further boosting its popularity. The platform's innovative DeFi integration, as well as the dynamics of whales depositing USDC and leveraged shorting BTC, have also fueled discussion. The overall sentiment is positive, with the market having confidence in its long-term growth.
[MEGAETH]
MEGAETH has become a central topic of discussion due to its upcoming ICO and Token Generation Event (TGE). The market is paying attention to its innovative mechanisms such as "Sequencer Rotation" and "Proximity Markets," aiming to achieve low latency and value capture. Its token sale adopts an English auction format, with an estimated valuation of 50 billion USD (based on Hyperliquid's presale data). However, some people have raised concerns about its transparency and fundraising allocation. Nevertheless, many still see it as a potential project and compare it to Ethereum, discussing its potential impact on the crypto ecosystem.
[MONAD]
MONAD's mainnet is about to launch, accompanied by an airdrop, making it a hot topic today. Discussion focuses on the ecosystem deployment on the mainnet, comparison with MegaETH, and the development expectations of new DApps. The community is also watching its presale valuation and strategic partnerships, seen as essential drivers of future innovation and growth.
[BNB]
BNB's trading activity has significantly increased as CZ receives a pardon from Trump. The market widely views this as a significant positive for BNB and the broader crypto market. Additionally, BNB has been listed on Coinbase and Robinhood, further boosting capital inflows and sentiment. The BNB community is also looking forward to the ongoing hackathon and the launch of new trading features, believing that these initiatives will help expand BNB's global influence and utility.
Featured Articles
Stablecoins are undergoing a narrative transition from a medium of exchange in the crypto market to a core component of global payment infrastructure. Recently, BlockBeats had an in-depth conversation with Stable CEO Brian Mehler, discussing their technical architecture choices, ecosystem partnership strategies, their collaborative relationship with Tether, response to global regulatory trends, and the practical logic of stablecoin's enterprise-side applications, attempting to portray the true picture of this "underrated" stablecoin chain.
2. "Like the 30x Big Golden Dog of Inscriptions, what is the x402 Protocol?"
Yesterday, a special Gold Dog was born on Base, and it is $PING. Based on the cost of minting and the current coin price, a successful Mint results in approximately 18x gains. What sets $PING apart is that its minting process is reminiscent of the inscription from 2 years ago. The cost of minting $PING once is about $1, and if successful, you can receive 5000 $PING. The minting page for $PING is similar to the inscription from years past, lacking a fancy frontend and giving off a more hardcore vibe.
On-chain Data
On-chain fund movement on October 24th

You may also like

Best Crypto to Buy Now February 10 – XRP, Solana, Dogecoin
Key Takeaways XRP is set to revolutionize cross-border transactions, potentially reaching $5 by the end of Q2 with…

Kyle Samani Criticizes Hyperliquid in Explosive Post-Departure Market Commentary
Key Takeaways: Kyle Samani, former co-founder of Multicoin Capital, publicly criticizes Hyperliquid, labeling it a systemic risk. Samani’s…

Leading AI Claude Forecasts the Price of XRP, Cardano, and Ethereum by the End of 2026
Key Takeaways: XRP’s value is projected to reach $8 by 2026 due to major institutional adoption. Cardano (ADA)…

Bitcoin Price Prediction: Alarming New Research Cautions Millions in BTC at Risk of ‘Quantum Freeze’ – Are You Ready?
Key Takeaways Quantum Threat to Bitcoin: The rise of quantum computing presents a unique security challenge to Bitcoin,…

XRP Price Prediction: Could XRP Ultimately Surpass Bitcoin and Ethereum?
Key Takeaways XRP has maintained a strong position despite a recent 12% drop, suggesting potential for growth. Analyst…

Best Crypto to Buy Now February 6 – XRP, Solana, Bitcoin
Key Takeaways The cryptocurrency market is experiencing pressure due to a technology-sector selloff, affecting digital assets like Bitcoin.…

South Korea Broadens Crypto Market Investigation Following Bithumb’s $44 Billion Bitcoin Error
Key Takeaways South Korea intensifies scrutiny on cryptocurrency exchange operations after Bithumb’s significant Bitcoin transaction error. Regulatory bodies,…

Tom Lee-Supported Bitmine Dominates 3.6% of Ethereum Supply Post-Price Crash
Key Takeaways Bitmine Immersion Technologies now controls 3.6% of Ethereum’s total supply after strategic purchases during market downturns.…

XRP Yearly Returns Hit Record Low Since 2023
Key Takeaways XRP’s yearly returns are at their lowest since 2023, as the crypto market grapples with a…

BTC Traders Eye $50K as Potential Bottom: Key Metrics to Monitor This Week
Key Takeaways Traders are closely monitoring the potential bottom for Bitcoin at $50,000 as recent price movements suggest…

Fraudulent ‘XRP’ Issued Token Sparks Confusion on the XRP Ledger
Key Takeaways An imposter XRP token is causing bewilderment within the XRP community by being superficially identical to…

XRP Yearly Returns Reach Their Lowest Point Since 2023
Key Takeaways XRP’s weakest annual performance since 2023 highlights the ongoing struggles within the cryptocurrency market. Market dynamics…

Cardano ‘Midnight Fixes Everything’: Charles Hoskinson
Key Takeaways Cardano’s Midnight sidechain, launched in December 2025, is championed by Charles Hoskinson as a solution to…

SHIB Army Burns 3,564,772 SHIB, While Half Quadrillion Coins Remain in Circulation
Key Takeaways The Shiba Inu community has collectively burned nearly 3.5 million SHIB tokens recently, yet a substantial…

XRP Ledger Network Activity Decreases by 80% as Institutional Participation Wanes
Key Takeaways: Recent metrics indicate an 80% decline in XRP Ledger network activity, correlating with diminished institutional involvement.…

Michael Saylor Insists “We Will Not Be Selling” As Strategy (MSTR) Stock Breaks Out
Key Takeaways Strategy, formerly MicroStrategy, remains highly sensitive to Bitcoin’s volatile market, with its stock performance closely mirroring…

Brad Garlinghouse Adds Personal Touch to XRP Community Day with Exclusive Merch
Key Takeaways Brad Garlinghouse, CEO of Ripple, has personally signed exclusive merchandise for XRP Community Day, adding excitement…

PIPPIN Price Surge Signals Potential Breakout Despite Investor Selling
Key Takeaways PIPPIN has experienced a significant rally, with its price increasing by 159%, nearing its all-time high.…
Best Crypto to Buy Now February 10 – XRP, Solana, Dogecoin
Key Takeaways XRP is set to revolutionize cross-border transactions, potentially reaching $5 by the end of Q2 with…
Kyle Samani Criticizes Hyperliquid in Explosive Post-Departure Market Commentary
Key Takeaways: Kyle Samani, former co-founder of Multicoin Capital, publicly criticizes Hyperliquid, labeling it a systemic risk. Samani’s…
Leading AI Claude Forecasts the Price of XRP, Cardano, and Ethereum by the End of 2026
Key Takeaways: XRP’s value is projected to reach $8 by 2026 due to major institutional adoption. Cardano (ADA)…
Bitcoin Price Prediction: Alarming New Research Cautions Millions in BTC at Risk of ‘Quantum Freeze’ – Are You Ready?
Key Takeaways Quantum Threat to Bitcoin: The rise of quantum computing presents a unique security challenge to Bitcoin,…
XRP Price Prediction: Could XRP Ultimately Surpass Bitcoin and Ethereum?
Key Takeaways XRP has maintained a strong position despite a recent 12% drop, suggesting potential for growth. Analyst…
Best Crypto to Buy Now February 6 – XRP, Solana, Bitcoin
Key Takeaways The cryptocurrency market is experiencing pressure due to a technology-sector selloff, affecting digital assets like Bitcoin.…