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The FTX Token has experienced a recent surge in price, largely attributed to speculation that those who suffered losses during the FTX crisis might receive some compensation. The FTX Token bankruptcy proceedings have created an atmosphere of hope among investors, leading to a notable increase in trading activity. The token has jumped from around $1.40 to approximately $2.67 in just a few days, marking a remarkable 2X growth. This spike in value coincides with social media rumors suggesting that the bankruptcy estate of FTX Token could begin distributing funds to creditors and customers on September 30. However, it’s essential to note that the bankruptcy plan is still awaiting court approval, with a hearing scheduled for October 7. This has led to speculation rather than confirmed action, but the anticipation is fueling interest in the token. For a deeper insight into the current situation with the FTX Token, check out the video above and subscribe to his YouTube channel. Additional

As we move into October, the crypto market is primed for potential parabolic movements, particularly for Bitcoin and various altcoins. The previous September showed an unexpected positive performance, diverging from its typical trend of being a down month, and there is optimism that the upcoming quarter may bring bullish activity. Altcoins, in particular, are drawing attention as they often outperform during bullish market phases. With market sentiment improving and key economic factors aligning in favor of crypto, now could be an ideal time to consider new investments. Pulsechain (PLS) Pulsechain has recently been performing well, with notable improvements in both market cap and price action. Currently trading at $0.0000579, the price of PulseChain’s native token, $PLS, has increased by 78% over the past 30 days, signaling potential for continued growth. Once known for its massive trading volume in mid-2023, which at times reached millions of dollars, Pulsechain is starting to see

According to cryptocurrency Analysis firm LookOnChain, an Ethereum (ETH) investor withdrew 17,135 ETH, worth more than $40 million, from staking. The investor has deposited 16,750 ETH, worth roughly $39.75 million, to Kraken. LookOnChain said the ETH whale sold 5000 tokens worth $11.7 million on Oct. 3, 2024. Also Read: Urgent: USD Collapse, Jack Mallers & Elon Musk Warn of U.S. Bankruptcy! An $ETH withdrawer sold another 5,000 $ETH($11.74M) today! This whale has withdrawn 17,135 $ETH($39.75M) from staking and deposited 16,750 $ETH ($53.66M) into #Kraken since Mar 12.https://t.co/J3BEB35Zj2 pic.twitter.com/012Kq1pKaU — Lookonchain (@lookonchain) October 3, 2024 Ethereum Dips Amid Sell-Off The whale’s recent sale coincides with ETH’s current market dip. The asset has fallen 10.1% in the weekly charts, 6.3% in the 14-day charts, and 0.4% over the previous month. Despite the correction, ETH has gained 2.2% in the last 24 hours and 45.3% since October 2023. Source: CoinGecko Also Read

The EigenLayer price plunged 15% in the last 24 hours to trade at $3.47 as of 00:41 a.m. EST on trading volume that plunged 46% to $527 million. This comes as Tron founder Justin Sun offloaded all the 5.374 million EIGEN tokens received from the EigenLayer airdrop, garnering about $21.66 million. Justin Sun team withdrew 21.66 million USDT from Binance today, which means that the 5.374 million EIGEN airdrops that Justin Sun received yesterday have all been sold at an average price of $4.03. Previously, the six addresses belonging to Sun received 5.374 million EIGEN the… https://t.co/ES3HtBOf47 — Wu Blockchain (@WuBlockchain) October 2, 2024 The sale happened shortly after EIGEN token transfers became possible. EigenLayer Price Aims For A Bullish Trend Reversal The EigenLayer price has been on a sustained downtrend following the airdrop, according to data from GeckoTerminal . EIGEN is in a downward channel or falling wedge pattern, which is typically a bullish reversal pattern.

The Hamster Kombat price plunged 14% in the last 24 hours to trade at $0.004626 as of 5.15 a.m. EST on trading volume that dropped 2% to $155.1 million. The project’s price has slumped 53% since since it launched last week despite its viral popularity as a crypto-based clicker game. Last week, the project announced that it has distributed two-thirds of the airdrop between its players, and that it has over 30 million users who have started trading HMSTR. Dear CEOs, 💥 Hamster family is truly an unstoppable force! 🚀 Over two-thirds of the airdrop have already been distributed between our players. 🪙 30+ million users have already started trading $HMSTR, with more joining every second. 🚧 Due to overwhelming demand, you might… — Hamster Kombat (@hamster_kombat) September 26, 2024 It also that announced that Binance opened futures trading for HMSTR, trading with up to 75x leverage. 🐹 TAKE YOUR POSITION 🐹  🚀 @binance just opened futures trading for $HMSTR! 🔥 Trading with

Meme coins on the TRON network are making strong waves, with SUNDOG fueling the charge. Over the past 30 days, SUNDOG has been on an upward trend, jumping 35% to cross the $0.3 mark.  While the last seven days have been particularly bearish for SUNDOG, the atmosphere around the meme coin is still positive, with a 16% surge in its daily trading volume.  Can SUNDOG regain its bullish strength once the global crypto market recovers from its current downtrend? This article tries to predict the possible price movement of $SUNDOG for the remainder of the year.  What Is SUNDOG? Described as the biggest dog-based token on the TRON blockchain, SUNDOG made a grand entry into the market around August 2024, blending the viral meme culture with community spirit and functionality to lure the attention of investors.  While it was inspired by the successes of leading meme coins like Dogecoin and Shiba Inu, SUNDOG comes with an extra twist, offering a host of innovative tools, including S

Former Binance chief Changpeng Zhao’s four-month prison stay might have actually been a pretty lucrative career move. Indeed, from the moment he entered a California prison earlier this summer to his release last week, the Binance founder might well have made more money than most executives could hope to earn in their lifetime. Although his wealth is mostly derived from equity in privately held companies, Forbes’ calculations of CZ’s net worth indicate that he could have made billions of dollars personally while serving his prison sentence. In fact, according to one such estimate, he may have made $25 million for every day he was in prison . However, it’s important to note that another news agency with a more conservative methodology, Bloomberg, estimates that CZ actually lost money while in prison. Detailed commentary for these estimates appears below. Determining the dates of CZ’s prison term In November 2023, CZ pled guilty to wilful violations of the Bank Secrecy Act that ena

While most market assets were experiencing a slight downtrend, Ripple’s XRP was seen moving in a different direction. The altcoin witnessed a surge of nearly 5% over the past 24 hours. This comes after an eventful week. Throughout the last seven days, XRP increased by almost 10%. At press time, the asset was trading at $0.6486. Also Read: Vitalik Buterin’s New Metrics: A Game Changer for Ethereum? XRP’s Recent Performance And Future Predictions Source Relief For XRP Investors The latest spike comes as a relief to XRP investors, who have struggled to move past the $0.60 level. However, given that the SEC’s appeal deadline in the Ripple case is October 6, things may go differently. Community Sentiment Following this recent spike, several in the community turned bullish about the altcoin. CoinMarketCap’s data revealed that 86% out of 22454 individuals were feeling confident about XRP. A dainty 14% were bearish about the asset’s potential rise. Source Also Read: Shiba Inu (SHIB) Poised To