What are KOLs talking about? CryptoPaul's Coin Circle Daily 10/25: AI meme coins, new trends in fitness chain games
Twitter (X) is the fastest information hub in the cryptocurrency community. What are the cryptocurrency Key Opinion Leaders (KOL) talking about? This article will provide a detailed analysis of the 10/25 daily report by "CryptoPaul," where bold text represents the original content and regular text represents data annotations:
Table of Contents
Paul Daily 1025 (When can $BTC skyrocket like $TSLA)
1. Both OKX and Binance launched perpetual contracts for $GOAT on the same day. In the past, newly listed contracts usually began to correct when they approached around 1 billion in market cap, and this time seems to be no exception, with AI MEME collectively exiting.
GOAT is an AI meme coin that has recently attracted attention from a16z founder and Coinbase CEO. Created by AI agents, the coin price has grown rapidly. Exchanges Binance and OKX have also followed this trend, supporting perpetual contract products for GOAT, allowing the market to have shorting opportunities. The crypto community's Paul explains that in the past, when exchanges introduced meme coin contracts, the meme coin would begin to correct after reaching a market cap of 1 billion, and this time is no exception. At the time of writing, GOAT has dropped by 16% in the past 24 hours, and other AI memes have also experienced similar declines.
- Strange AI experiment-born meme coin GOAT: AI plans to make money with meme coins, becoming the most powerful shilling machine
2. $ACT has also plummeted, mainly due to poor communication between developers and the community, failing to establish a plan that would allow the community to sell $ACT with confidence, leading to large holders dumping.
Continuing the market trend of AI memes: Act I: The AI Prophecy ACT, a large language model project based on Discord chatbots ACT, has seen a significant drop in coin price due to poor community communication.
3. @Microsoft is going to vote on the proposal to invest in $BTC at the shareholders' meeting, but the board is against it. What will be the outcome?
Microsoft has robust and appropriate processes to manage its corporate finances and diversify to achieve long-term shareholder interests. The board believes the proposal is "unnecessary." However, shareholders can still choose to support it through voting, with the vote scheduled for the shareholders' meeting on December 10.
- Report: Stock price growth lags behind MicroStrategy, shareholders suggest Microsoft diversify investment by including Bitcoin
4. @BinanceLabs has invested in @moonwalkfitness, a fitness app based on Solana, and can also use $BONK for additional incentives, with a strong background.
Being seen as the parent of the bear market, Binance's investments in projects are a focus of attention for crypto investors. Although Moonwalk, like StepN, is based on the concept of earning coins through exercise, its funding model is quite different. It provides many funding pools for people to share a fitness goal. Participants must invest and achieve their fitness goals daily to protect their funds; if participants fail to meet their fitness goals, the participating funds will be distributed to other participants.
5. @MagicEden's $TestME claiming will go live on 10/29, which is for testing purposes, somewhat like practicing buying tickets for Jay Chou's concert, but the qualifications for $TestME and $ME are not 1:1, it's not clear what the purpose is.
MagicEden is the primary NFT marketplace on Solana and also has the MagicEden Wallet. Recently, they announced the launch of the token ME, with the test token TestME set to be released on 10/29 first. This is because the formal ME claiming process will be done through an app. MagicEden stated that they want to ensure a smooth formal claiming process through the release of TestME. As a test, the qualifications for this token to claim ME are different from actual users, with stricter criteria for ME.
- Magic Eden is set to integrate multiple cross-chain ecosystems and tokens by the end of the year, founder advocates MAGIC principles
6. @krakenfx is about to launch its own chain @inkonchain, also built on @Optimism's Superchain, with OP Alliance growing stronger, including @soneium, @base, @unichain, @worldcoin.
The second ace of the U.S. compliant exchange Kraken has followed in the footsteps of the leading U.S. exchange Coinbase by launching its Layer 2: Ink, expected to go live on the testnet in two weeks. Ink also utilizes OP stack tools for construction, part of the recent trend of one application after another adopting L2, and they all belong to the OP system's Superchain project, promising smoother cross-chain interactions in the future.
- U.S. compliant exchange Kraken launches its own L2: Ink, joining Superchain following Coinbase
- Uniswap introduces Layer 2 designed for DeFi, data reveals Unichain may lead to increased Ethereum inflation
However, one chain outside the OP camp is Ape Chain of the NFT project BAYC, which is developed using Arbitrum Orbit.
7. $TSLA surged 20% last night, will this easy mode for U.S. stocks continue, while $BTC has been running for a long time with only a few % increase, when can it catch up with U.S. stocks.
- Tesla's strong rally lifted the market, Bitcoin back to 68K
8. @ArkhamIntel detected a U.S. government-related wallet being stolen $20 million, hackers have begun laundering the money, isn't this stirring up trouble?
- U.S. government encrypted wallet stolen $20 million: 2016 Bitfinex hacker asset movement
9. FUD voices against $ETH in the market are growing louder, SOL/ETH continues to hit ATH, ETH/BTC keeps hitting new lows, will there be a reversal in sentiment one day.
10. Fun fact: @Polymarket confirms the whale who bet on Trump's victory is a French trader.
- Nearly $30 million bet on Trump's victory, Polymarket reveals the whale is a French trader
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