Runes, BTC, Memecoins, Airdrops, Sam Altman, Kamala Harris, Ripple, Unichain, MoonPay, BAYC, Murad

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👀WHAT’S THE META..👀

GM, GA, or GN wherever you may be.

Want to stay ahead of the curve? Don't worry we got you. The market has been brewing, here's what's currently happening:

🎉GIVEAWAY TIME🎉

Motorverse is a global ecosystem and community for racing games and motorsports, advancing digital vehicle ownership and interoperability in the open metaverse. Powered by the $REVV token and backed by Animoca Brands, its portfolio includes games like TorqueDrift 2 and Cosmic Royale , developed by in-house studios with 150M+ combined downloads. Partnering with top automotive and motorsport brands, Motorverse offers unique in-game, cross-game, and real-world experiences.

REQUIREMENTS:
FOLLOW: https://twitter.com/TheMotorverse 
RT/LIKE: https://x.com/TheMotorverse/status/1845792253664526589 
JOIN: https://discord.gg/themotorverse 

Don’t miss the chance to enter for you chance to win Allowlist spots.

Email [email protected] with your X id and EVM Wallet with email subject 'MOTORVERSE'. Winners will be drawn in 72 hours, and notified by X DM.

₿ BTC ORDINALS ₿

Runes Gain Momentum

Runes, a unique token protocol created by Casey Rodarmor, founder of ordinals, have carved out a distinctive place in the Bitcoin ecosystem. Built on Bitcoin’s UTXO model, runes enable decentralized trading while leveraging the robustness and security of the Bitcoin blockchain.

Runes, once thought to be “dead,” are making a powerful comeback. Since October 5th, daily transaction volumes have surged, reminiscent of their peak days back in late August. This renewed interest is not only reflected in the rising transaction volume but also in the performance of some of the top rune tokens.

Leading this resurgence are several key players, with the top 10 runes by trading volume on Magic Eden over the last 7 days showcasing the strongest performers.

An unexpected and surprising spike in momentum came from the launch of GIZMO•IMAGINARY•KITTEN, a new runes token that captured the attention of traders and quickly reached a market cap of almost $9 million as of writing. This launch and subsequent surge originated from a tweet from the founder of Bitcoin Puppets, a well-known figure due to the overall success of his ordinals collection. This token’s meteoric rise in just a few days speaks to the renewed excitement around runes.

The runes with highest trading volume of all time is Rune #3 DOG•GO•TO•THE•MOON which had slumped to almost its lowest points in mid September. It has now rebounded back up to 9 sats as of writing.

As the community watches the resurgence of runes, many are asking: is this a temporary spike, or the start of a long-term revival? One thing is certain—runes are not dead, and their impact on the market is far from over.

🪙CRYPTO DIGEST🪙

The $63K-$64K range proved to be a pivotal zone, causing a pullback that led Bitcoin to retest the Yellow band. BTC found support here and has since rallied back up to the Orange band on the FibMa, a level that has been a point of contention for Bitcoin the last four times it reached this area. Structurally, the key resistance Bitcoin needs to overcome remains $70K. Given the current market momentum, it's crucial to monitor these key areas for a true break of the multi-month downtrend. With Q4 just beginning, we can expect expansion during this period, and as mentioned last week, the primary question remains whether Bitcoin can break free from the price structure it has been confined within since Q1.

ETH/USD remains below the cycle mid-level of $2,874, which is the critical level to watch for reclaiming the prior trading range. As BTC moves towards its key resistance, we may see ETH make a similar push toward this level if market momentum persists. ETH/BTC continues to fluctuate between 0.04 and 0.03832, awaiting a decisive break in either direction. I believe that ETH/BTC below 0.04 represents a strong accumulation zone, even if there is potential for further downside.

The broader altcoin market, represented by Total3/BTC and Others/BTC, is in a similar situation, with valuations near cycle lows against BTC. Many tokens are presenting attractive accumulation opportunities, but it's essential to recognize the risks inherent in altcoins, which are significantly more volatile. A Dollar-Cost Averaging (DCA) or Dynamic DCA approach might be prudent here, ensuring there is cash available to lower your average entry should prices fall further.

Both the S&P and Gold have continued to perform well. The S&P is challenging new highs this week, while Gold is consolidating near its highs, building structure for potential future moves.

This week is relatively light in terms of economic data, with Sales and Initial Jobless Claims data coming in on Thursday. Should the data come in neutral or positive, we may see a continuation of the current market trends. However, any major misses could trigger a short-term pullback in valuations.

🐸MEMES🐸

It's a wonderful time to have exposure to memes right now. New launches are doing pretty well at the moment, with the zoo animal meta now changing over to multiple different metas, including the speculation on satoshi meta. With HBO claiming that they've discovered the identity of Satoshi Nakamoto, multiple coins have come out and been doing well based on the speculation ahead of the documentary release. Many of these are centred around Len Sassaman, however there are others to be born from this, such as coins about Len's pets and first interactions on crypto forums etc. From this meta, most coins are likely short term and will die after the documentary, so tread carefully if you're in any of these or plan to hold a position in any.

The higher time frames for many established coins are looking very strong, with coins we've mentioned in the past doing incredibly well in the past week, such as $GIGA (first mentioned at lower than $20m market cap, now $400m+) as well as $SCF and $MICHI. Other coins such as $FWOG have rocketed to almost $200m market cap after having strong weekly and monthly closes. Based on this, the next few coins that could run will also be strong on the higher time frames; $MICHI, $SELFIE and $ELGATOcome to mind especially.

The next few months are poised to be an incredible time to make money through memes, but you'll need to cut out the noise and avoid getting into every new launch. OG and older coins are also running, so you should also try to find older coins that look good based on the chart, before they hit a big move.

🤑AIRDROPS🤑

Airdrop Updates - Week of 6 Oct

100+ Airdrop Opportunities in my Notion Airdrop Tracker: https://bit.ly/droptime

SUI DeFi 101 - Guide to Yield and Airdrop Farming on SUI

SUI has been one of the best performers lately. In part 1 of the SUI DeFi 101 Series, we are going to explore what SUI is, its bull case and DeFi Strategies on one of the fastest Gen3 L1: https://x.com/cruzcontrol660/status/1841856050695393411

Last Week to mint your Solana ID Priority Pass

Solana ID is revolutioning identity tech and working with founders to reward real users and on-chain activity. Solana ID Priority Pass is your gateway to unlocking perks and other goodies on Solana, as well as an airdrop.

Mint yours here: https://t.co/2VaEPvjz93

Expecting Scroll (SCR) to Drop very soon

All signs pointing to Scroll airdropping soon, including setting up governance domain, tweets from core contributor as well as adding protocols to Scroll sessions.

Binance has also announced SCR Launchpool beginning 9 Oct and premarket trading on 11 Oct. Exact airdrop and spot listing date is yet to be announced, but pre-market trading on other platforms such as AEVO implies a $1.5B+ FDV.

The related tweets:
https://x.com/cruzcontrol660/status/1841386682891047240
https://x.com/cruzcontrol660/status/1843584094300750023

📜FOR THE CULTURE📜

Sam Altman’s crypto revolution: can Worldcoin bridge AI and Blockchain?

Sam Altman, best known as the CEO of OpenAI, has also made significant strides in the cryptocurrency world with his co-founding of Worldcoin, a project aimed at creating a global digital identity network.

Launched officially in 2023, Worldcoin combines biometric verification—through iris scanning technology—with a cryptocurrency token (WLD) built on the Ethereum blockchain. This project is designed to address the challenges of digital identity in an age where AI-generated content makes distinguishing humans from machines increasingly difficult. By assigning a "World ID" to each user, Altman envisions a future where global democratic processes and fair distribution of wealth, possibly through universal basic income (UBI), are enabled.

Altman's interest in cryptocurrency stems from his broader vision of technological inclusivity. He sees blockchain technology as a key tool in fostering economic equity on a global scale. With Worldcoin, he hopes to use the decentralized and secure nature of blockchain to empower people around the world, particularly in developing regions. The project's approach—granting free tokens to users who undergo biometric verification—is controversial but reflects Altman’s belief that technology can drive large-scale societal change.

While Worldcoin has amassed millions of users worldwide, it is not without criticism.

Many privacy advocates have raised concerns over the biometric data collection involved in the project. However, Altman and his team at Tools for Humanity, the organization behind Worldcoin, argue that the system is designed with privacy in mind. They emphasize that personal data is stored in a way that ensures users' anonymity while still providing a reliable means of human verification.

The relationship between Worldcoin and regulatory frameworks has been complicated, especially in the United States, where the WLD token is not yet available due to legal restrictions. Altman and his co-founders are working toward gaining regulatory approval, and they remain optimistic about the token’s potential to transform the way digital assets are used globally. The project's decentralized governance model, supported by the Worldcoin Foundation, aims to give users a voice in shaping its future.

Altman’s involvement in Worldcoin is also seen as an extension of his broader interests in AI and its societal impacts. His work with OpenAI has made him a key figure in discussions about the future of artificial intelligence, and Worldcoin represents his attempt to address some of the challenges that AI poses, particularly regarding identity verification in an increasingly digital world.

Despite the challenges Worldcoin faces, such as regulatory hurdles and privacy concerns, Altman remains committed to its mission. He has been vocal about the need for transparency and fairness in the use of technology, advocating for a balance between innovation and ethical considerations. This mindset has been a cornerstone of his work both at OpenAI and in the crypto space.