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Bitcoin Dips Below $61K, Optimism Rolls Out Fifth Airdrop, & More!

M6 Labs Alpha Bytes 🚨: 10th October

GM anon ☕🐺

In today’s Alpha Bytes👇

Coin Moves 🚀

  • $OP Optimism rolls out fifth airdrop, allocates 10.3M OP tokens to 54k Superchain users

  • $ABDS token receives top CertiK badge for KYC

  • $HIPPO SUI memecoin @hippo_cto has been listed on @kucoincom

  • $FAF FlashTrade reveals FAF token 

  • $FWOG Solana memecoin @solfwog traders are predicting a market cap exceeding $1B in the near future

  • $PUFFER - The future governance token for Puffer and UniFi

  • $sMONEY @defidotmoney releases sMONEY

  • $JOE Ethereum memecoin @joecoin_ sees record growth, surpasses 7,600 token holders

  • $PEPE Ethereum memecoin @pepecoineth traders are setting their sights on an impressive $100B market cap by the end of 2025

  • $SPX flips peer $MOG in market cap - it is up over 7,700% in the past 30 days

  • $JLP @JupiterExchange perpetual exchange distributes $137M to $JLP since January 1st

  • $GIGA Solana memecoin $GIGA surpasses $500M marketcap, a new all-time high

  • $CHZ Chiliz price shoots 13% after Binance airdrop support

  • $SOL Solana surpasses Ethereum in staking ratio, with 68% of SOL supply staked compared to Ethereum’s 28%

  • $TON Toncoin price eyes $6 comeback as stablecoin supply on TON surges 13x

  • $HMSTR Hamster Kombat offers bonus for Telegram players who stake airdrop tokens

  • $ETH  @MustStopMurad holding $24M in memecoins on Ethereum and Solana

  • $CARV is Officially listed on BybitSpot

  • $SCR will soon be available on Binance Launchpool 

  • $COTI unveils $500k Gitcoin grants to boost privacy development

  • $ZETA ZetaChain introduces instant rewards, moves beyond airdrops

  • $RON The Fight League: Fighters NFT Mint is LIVE!

  • $PEPE and $FLOKI - Crypto.com’s US exchange lists 4 memecoin derivatives

  • $DEEP Deepbook V3 and the DEEP token will launch on Sui on Monday, October 14th

  • $SPX memecoin @spx6900 breaks $600M market cap - is up over 7,500% in the past month

  • $PEPPER Welcome to the hottest fair launch coin - PEPPER!

  • $CIRCLE The first memecoin launched on the new art-focused L2 Shape

  • $BDC BILLION DOLLAR CAT is up 20% to $74M and about to flip RSIC

  • $sigma Sigma heads for $100M; $sigma -> $25.6M to $83.1M (3.24x from the low), pushed by @idrawline

  • $ligma -> hit $483k, ligma males, beta to $sigma

  • $mini Breaks $50M; $mini -> $24M to $59.85M (2.49x)

  • Rekt Coin hints at coin on X

News 📰

  • $BTC drop below $62k shows BTC price remains on ‘delicate ground’

  • $ETH price drops as Chinese govt. sells 7k ETH seized from plus token scam

  • $BTC, $ETH nurse losses as dollar strengthens ahead of U.S. Inflation report

  • $USDC @stripe payments with solana $USDC and $USDP stablecoins go live

  • $AAVE Trump crypto project submits proposal to Ethereum DeFi giant Aave

  • $BTC ETF options expected by Q1 2025

  • $ADA Cardano hosts first smart contract legally enforceable in Argentina

  • $AVAX Avalanche powers Littio’s new USD savings accounts in Latin America

  • Powell’s Half-Point Cut Is Hard to Repeat With FOMC in No Hurry

  • Germany expects economy to shrink in 2024 after cutting forecast

  • 47% of traditional hedge funds maintain crypto exposure

That's a wrap for today!

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