In the latest episode of Token Insightly, we dive deep into the ever-shifting landscape of the cryptocurrency market. Host highlights the recent downturn of Bitcoin, which dipped by 0.78%, settling at $63,986, while Ethereum saw a slight uptick with a 0.40% increase. As we enter Q4—a historically bullish period for crypto—there’s a mix of excitement and caution in the air, with some wondering if a new crypto boom is imminent or if this is just another hype cycle.
Top gainers like WOO and PRIME have caught the attention of investors, with both experiencing impressive double-digit growth. Sui Network’s milestone of reaching $1 billion in Total Value Locked (TVL) has signaled strong user adoption in the decentralized finance (DeFi) space. However, the return of Three Arrows Capital (3AC) with its controversial meme fund and token launch is stirring up concerns in the crypto community. With 84% of the token supply controlled by insiders, questions around centralization and potential manipulation loom large.
