Daily Crypto NewsEDITION #1076, 21 October

Chill out, wait for the token, get ready for the pump

Today, in 1980, Kim Kardashian was born. What can we say?

We hope you don't waste too much time following people like her—there’s nothing real about them. Just a bunch of filters, fake glam, and makeup.

Unlike us, crypto folks, we don’t deceive each other. Probably.

Now, let’s cut to the important stuff, because we respect your time, and time is Moni.

What's up?

How’s the market doing: Crypto Twitter is in a frenzy:

- BTC is breaking $69k  

- AI coins are gathering more attention, especially $TAO and $GOAT

$70k+ before the elections seems like a super pessimistic scenario now.

I think if BTC ETF inflows this week are as strong as last week, we’re in for a new Bitcoin ATH.

Everyone's talking about: pump.fun making a token.

Recently on a stream on X (Twitter), the guys said they’re planning a token. Plus, they’re launching Pump.Fun Advanced:

- Optimized (top coin holders stats, mini charts, social activity, etc.)

- First month free

- Login via email

Of course, they made the token announcement right alongside the platform update. Gotta lure the degens to pump up the volumes (most likely, the token airdrop will be based on traded volume).

But don't get too excited.

Remember, trading memes ideally requires a good community or crazy luck. Out of 248,400 coins on pump.fun, only 3,255 made it to Raydium, and just 2 of those hit $100 million+ in market cap.

It's like a casino and lottery. But if you were in early, you could’ve made a profit. As always, the earlier in the narrative, the more cash you grind. Let’s look for the next one. 

Also important news:

- ApeCoin bridge launched yesterday (OGs, where you at?).

Already, more than 8 tokens have surpassed $1 million in market cap.

We kinda slept through it, but we’ll catch up.

- Scroll released data on the second season of their quests.

What’s clear? MARKS. They’ll definitely reward for them. No checker yet. So, we wait.

- Swell published a list of projects that will airdrop to everyone who deposited in Swell L2.

Ambient is among the known ones. Check it out.

- Are you a crypto founder? Want to build your own product? There’s an interesting thread with 20 tips for crypto founders.

Most of them apply to other fields too, not just crypto.