Crypto Market Fear Subsides Significantly, Today's Fear and Greed Index at 45

According to GMGN data, the Meme coin flybrain on the Robinhood Chain has rallied continuously, pushing its market cap past $45 million to an all-time high. It rose over 50% in the past hour, with trading volume hitting $24.3 million in its first 9 hours after launch. Earlier, Marc Andreessen, co-founder of a16z, followed the project's official X account. According to its introduction, the project claims to be the first Meme coin launched by researchers using a fruit fly's brain. It is not an "AI inspired by the brain" but the actual neural connectome of a fruit fly. The brain comprises 165,122 neurons and 10,228,000 synaptic connections, all sourced from a male fruit fly and traced individually via electron microscopy. BlockBeats reminds users that most Meme coins lack practical use cases, are highly volatile, and require cautious investment.

Per Lookonchain’s monitoring, Cumberland purchased an additional 2.7 million PONS tokens three hours ago, worth approximately $1.55 million. The firm now holds a total of 11.2 million PONS tokens, valued at around $6.76 million.

Bitget has now integrated the automated trading platform TV-Hub. Users can build trading strategies on TradingView and automatically send trading signals to their Bitget accounts for execution via TV-Hub. The integration supports Bitget’s USDT-margined contract trading, covering both crypto and TradFi perpetual contract markets, and enables strategies including stop-loss/take-profit, position management, dollar-cost averaging, and hedging. This integration further enhances Bitget’s automated trading ecosystem. Previously, Bitget had already integrated platforms such as WunderTrading and Hummingbot, continuously improving its strategy building, automated execution, and multi-market trading capabilities. To support this launch, TV-Hub will provide free access to all Bitget API connections until October 31.

Trader 0x8ADd opened a 4x long on 43,500 $CL ($4.34M) and is now sitting on a $421K unrealized profit.

According to GMGN market data, the BSC ecosystem meme coin "Niu Lai" has rebounded in market capitalization, briefly breaking through $120 million, and is currently trading at $115 million, with a 24-hour increase of over 48%. BlockBeats reminds users that most meme coins lack practical use cases, exhibit high price volatility, and require cautious investment.

According to GMGN data, the market cap of Solana-based meme coin RAYCAT has crossed $11 million, hitting an all-time high, currently standing at $11.34 million, with a 24-hour surge of 404%. BlockBeats reminds users that most meme coins lack real-world use cases, exhibit extreme price volatility, and investors should exercise caution.