Key Market Intelligence on October 13th, how much did you miss?

Featured News

1. BNB Continues to Rise, Breaking $1375, 24-hour Gain Expands to 17.2%

2. Binance Alpha to Launch Lab (LAB) Exclusive TGE on October 14

3. Monad to Open Airdrop Claim Portal Tomorrow

4. ZeroBase Releases ZBT Tokenomics: 8% Airdropped, Total Supply of 1 Billion

5. Opinion Labs, Supported by YZi Labs, Set to Launch Mainnet

Trending Topics

Source: Kaito

[BNB]

BNB has garnered significant attention on Twitter due to its strong performance and resilience in the market volatility. The core discussion revolves around its robust ecosystem, supported by the community and strategic actions taken by Binance and its affiliates to protect users. The infrastructure of BNB Chain and the launch of new projects like Aster have also driven its growth. Furthermore, compared to past market cycles, it shows further upside potential, positioning BNB as a secure and promising investment. Overall, market sentiment towards BNB is positive, with most users expressing confidence in its future outlook.

[MONAD]

Today's discussions about MONAD mainly focus on its upcoming mainnet launch and airdrop event scheduled for October 14. The community is both excited and cautious, reminding users to beware of scams. The ecosystem's development has sparked widespread interest, with over $100 million already raised by teams building on MONAD. The airdrop is a hot topic, with the market speculating on its impact on prices and the potential gains for MONAD card holders. Additionally, the discussions highlight the platform's Ethereum Virtual Machine (EVM) compatibility and the potential for high-speed, low-fee transactions. Market sentiment is generally positive, with most being optimistic about MONAD's future.

[ENA]

Today's discussion on ENA mainly revolves around the recent cryptocurrency market crash and its impact on Ethena's stablecoin USDe. Despite initial concerns about decoupling, subsequent clarifications have shown that the issue was specific to the Binance platform, stemming from its internal pricing flaw and not a mechanism failure of USDe itself. Ethena's stability mechanism has demonstrated strength, maintaining its peg to the dollar on major trading platforms like Curve. This event has highlighted the importance of a robust oracle system and market infrastructure, with Ethena being praised for its resilience and transparency during the crisis. The discussion also touches on the broader implications for Decentralized Finance (DeFi) and the need for enhanced risk management strategies.

[POLYMARKET]

Polymarket has garnered significant attention today, primarily due to Tom Brady mentioning the platform on a national TV show, sparking widespread discussions. The platform has been recognized for its cultural relevance and intuitive user experience, with comparisons being drawn to other prediction markets like Kalshi. Furthermore, the recent $2 billion investment in Polymarket by the New York Stock Exchange (NYSE) has elevated its industry standing, making its founder a billionaire. The platform's role in accurately predicting events such as Nobel Peace Prize winners has also been emphasized, showcasing its potential to replace traditional experts in multiple fields.

[TAO]

TAO emerged as the biggest winner in cryptocurrency discussions as Grayscale filed a Form 10 for its Bittensor Trust Fund, signaling a path for institutional investors to potentially gain access and paving the way for its Exchange-Traded Fund (ETF) approval. This news propelled TAO's price significantly, with many tweets highlighting its resilience and further growth potential. The discussion focuses on the bullish sentiment toward TAO, its recovery from a recent dip, and the upcoming halving event in 2026, which could further drive up its value.

Featured Articles

1.《How to Navigate Through So Many Prediction Markets?》

With the Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, announcing on October 7th its plan to invest $20 billion in the prediction market platform Polymarket at a valuation of about $90 billion, just three days later, another prediction market giant, Kalshi, also announced the completion of a $3 billion funding round, valuing it at $50 billion. Meanwhile, Polymarket founder Shayne Coplan had previously retweeted or liked posts about the platform potentially launching a token, and this time he listed a series of mainstream crypto asset symbols on social media followed by $POLY's ticker, which could be seen as an "indication" of token issuance. This series of news has sparked FOMO among community members. As the news continues to spread, the prediction market track has once again become a hot topic of discussion.

2.《Black Swan Operator? Who Is the Mysterious Whale Garrett Jin?》

The discussion about the 10/11 Black Swan flash crash event continues, with the community continuously questioning the identity of the whale who took a precise short position of over $1.1 billion in advance. On-chain detective analysis suggests that the address in question likely belongs to former BitForex CEO Garrett Jin. Earlier today, Garrett Jin posted three consecutive updates on his personal X to respond to market rumors for the first time, clarifying that he has no connection to the Trump family or "Little Trump," and emphasizing that his previous actions were not insider trading. He stated that the funds used were not personal but belonged to his clients.

On-Chain Data

On-chain fund movement on October 13th