📈Daily Market Review📉

🔸Daily Macro
🔹BTC Market: BTC continues its climb, breaking past $68K with $70K as the next target. $66K is now support.
🔹ETF Activity: BTC ETFs saw a net inflow of $473M, while ETH ETFs had a $24M inflow.

🔸Daily Focus
🔹ApeCoin DAO Streamlines Operations
🔎Reason: ApeCoin DAO voted to dissolve four inefficient working groups, cutting annual costs by $3M
📊Performance: $APE up 0.7%
👀Outlook: These changes may boost the project's efficiency, but investor caution remains

🔹Animoca Brands Buys More WATCoin
🔎Reason: Animoca's move to support the WatBird project is strengthening the TON ecosystem
📊Performance: $WATCoin surged 108%
👀Outlook: WATCoin’s role in the Web3 space is growing, with further ecosystem developments expected

🔸Next Focus:
🔹Worldcoin Rebrands to World Network
🔎Reason: Worldcoin rebrands and launches its Layer 2 blockchain, focusing on digital identity & AI
📊Performance: $WLD down 4.7%
👀Outlook: Monitor for future developments in identity verification & AI

CoinEx Lists $WAP

✅ Trading Pair: WAP/USDT
✅ Deposit & Withdrawal: Oct 18 at 08:00 UTC
✅ Trading: Oct 18 at 09:30 UTC
✅ Service support: AMM, Spot Grid, & Auto-Invest

CoinEx Will List REMILIA (Remilia) on Oct 18, 2024

CoinEx Lists $REMILIA

✅ Trading Pair: REMILIA/USDT
✅ Deposit & Withdrawal: Oct 18 at 08:00 UTC
✅ Trading: Oct 18 at 09:30 UTC
✅ Service support: AMM, Spot Grid, & Auto-Invest

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CoinEx Will List KONAN (Konan of Kaspa) on Oct 21, 2024

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🚀 CoinEx Lists $KONAN

✅ Trading Pair: #KONAN/USDT
✅ Deposit & Withdrawal: Oct 21 at 06:00 UTC
✅ Trading: Oct 21 at 11:30 UTC
✅ Service support: AMM, Spot Grid, & Auto-Invest

CoinEx Will Delist PYI

📈 Daily Market Review 📉

🔸 Macro
🔹 Bitcoin: Approaching $70,000, BTC is drawing attention. With 80% of ETF investors being direct, institutional capital inflow is accelerating.
🔹 ETF Activity: On Oct 18, BTC ETFs saw $274M inflow, ETH ETFs $18M.
🔹 Outlook: Fed rate cut expectations may be exaggerated, though investor focus remains on upcoming decisions.

🔸 Focus
🔹 ApeChain: Recent ApeCoin activity surged, with $APE up 49% in 24H. Enthusiasm is high, but long-term sustainability remains uncertain. Short-term volatility risks exist despite current gains.

🔸 Next Focus
🔹 dYdX: Rumors suggest a Meme Pump app launch, following the ongoing Meme token trend. If successful, $DYDX could see gains. Investors should monitor official announcements and remain cautious of high volatility in Meme markets to avoid FOMO.

CoinEx Will Support KLAY Token Name Change

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📈 Daily Macro Update 📉

🔸 Bitcoin Overview: BTC consolidates around $67,000 as buying and selling forces balance. Analysts suggest price may hold in this range, awaiting catalysts like macroeconomic data or regulatory changes.
🔹 ETF Activity: On Oct 21, BTC ETFs saw a $298M inflow, while ETH ETFs had a $25.8M outflow.
🔹 Fed Outlook: Market expectations for November/December rate cuts may be exaggerated, though investor focus remains on Fed decisions.

🔸 Focus: AI Meme Sector
🔹 Tokens: $GOAT (+85%), $SLOP (+72%), $FART (+146%)
🔹 AI meme projects like $GOAT, funded by Marc (a16z), hit a $400M market cap, drawing attention. Continued growth depends on AI-driven innovation but watch for volatility.

🔸 Next Focus: Scroll Ecosystem
🔹 Airdrop: 7% of SCR supply (55M tokens) will be distributed starting Oct 22. Participation may boost ecosystem liquidity and investor interest.

CoinEx Will List SCR (Scroll) on Oct 22, 2024

CoinEx Lists $SCR

✅ Trading Pair: SCR/USDT
✅ Deposit & Withdrawal: Oct 22 at 08:00 UTC
✅ Trading: Oct 22 at 09:10 UTC
✅ Service support: AMM, Spot Grid, & Auto-Invest