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Crypto Alpha - 5 October 2024
Daily Alpha on All Things Crypto, Web3 and Blockchain
TL;DR
Magic Eden has unveiled the roadmap for the $ME token launch via @MEFndn
EigenLayer ($EIGEN) is now tradable, currently hovering around $3.30
Binance CEO CZ is out of jail and has provided updates on his future plans
Bitcoin ($BTC) dropped below the $60K level this week
$MOODENG has hit a market cap of $300 million
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Alpha of the Day
Magic Edenās $ME Token Roadmap Takes Flight
Magic Eden just dropped some alpha for all you NFT enthusiasts out there: the $ME token roadmap has officially been revealed, and itās as spicy as we hoped. Itās like they packed a rocket with utility and strapped it to a moon-bound shuttle. Expect staking, governance, and more NFT marketplace magic than you can shake an ape at. If youāve been wondering when your NFTs could do more than just sit in your wallet, this roadmapās got you covered. Buckle up, because $ME is going full launch š, and if you blink, you might miss it!
EigenLayer Now Tradable, Hovering at $3.30
EigenLayer ($EIGEN) is finally out in the wild and trading around $3.30, which means it's time to see if this one will soar or fizzle. Early adopters are eyeing it like itās the next hot crypto snack, hoping for gains that taste as good as they look on the charts. As usual, the marketās divided: the diamond hands are holding on like itās the holy grail, while the paper hands are probably already flipping for short-term profits. But hey, if you missed the train, itās still hovering at a price that says, āYou might want to keep an eye on me.ā
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CZās Future Plans Post-Jail: Plotting the Crypto Comeback
Binanceās CZ is back, and yes, heās already planning the next chapter in his crypto journey. After his short stint behind bars, heās apparently as resilient as Bitcoin in a bear market. Rumor has it heās working on some seriously ambitious projects, and the ā#CZisFreeā hashtags are already flying around faster than a meme coin pump. Crypto Twitter is buzzing with speculationāwill he drop a bombshell partnership, a new Binance feature, or a meme coin of his own? Only time will tell, but you can bet CZ isnāt planning on sitting idle.
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Bitcoinās Sudden Slip Below $60K: What Happened?
Bitcoin, the OG crypto heavyweight, just dipped below $60K, and everyoneās wondering, āWhy the sudden drop?ā Maybe itās the marketās way of reminding us that the rollercoaster never stops. Whether itās whales selling off or FUD spreading faster than a TikTok trend, this dip has caught some traders off guard. But letās be realāif youāve been in the crypto game for more than five minutes, you know this is just another Tuesday. The diamond-handed hodlers are already preparing for the rebound, while the new kids are probably panic-selling like itās the end of the world. Spoiler: itās not.
MOODENG Hits $300M Market Cap: Hippo-Sized Gains
$MOODENG just hit a market cap of $300 million, and if youāre wondering what that meansāthink of it as a crypto hippo thatās ready to make a splash. While most people are still figuring out what exactly $MOODENG does, those in the know are celebrating like theyāve struck gold. The hippo emoji š¦ has never felt more appropriate, as this coinās slow but steady rise is gaining momentum. It might not have the buzz of a top-tier token (yet), but $MOODENG is quietly charging forward, proving that even under-the-radar coins can pack a punch.
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Daily #Crypto Alpha | October 5 2024
ā¢ Magic Eden hasā¦ x.com/i/web/status/1ā¦
ā WAGMI | Crypto, DeFi & Web3 News (@wagmiglobal_)
5:42 PM ā¢ Oct 5, 2024
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