Crypto Whales are Buying These 3 Altcoins for October Gains

Over the past week, the market-wide flash crash on August 17 negatively impacted investor confidence. But, while global altcoin market capitalization dipped 11%, crypto whales are buying these three altcoins, presumably for October gains.

Timeline of Mark-space, Optimism-ethereum, Uniswap

Uniswap (UNI) price faces bearish headwinds as SEC lawsuit FUD surrounding Binance and Coinbase wanes and South K orean centralized exchanges emerge. The on-chain analysis examines how Uniswap price could react after a cohort of strategic whales were spotted buying the dip.

In the ever-evolving world of decentralized finance (DeFi), the recent announcement by LiFi, a multichain bridging protocol, has garnered significant attention. On August 17, Arjun Chand, the research lead at LiFi, unveiled a new multi-message aggregator tailored for decentralized autonomous organization (DAO) governance.

The strong selling pressure forced UNI to nosedive below the $6.2 and $6 levels. At the time of writing, UNI was trading at $5.84 and within a bullish order block on the daily timeframe

Uniswap (UNI) price dropped to a weekly low of $5.50 on Wednesday, bringing its August 2023 losses toward the 17% mark. As Uniswap flashes green signals, will it be sufficient to trigger an early price rebound?

Prominent decentralized exchange Uniswap has confirmed that it has fired a prominent developer over his involvement in a $25,000 memecoin rug pull. The developer in question, AzFlin, or Allen Lin, orchestrated a rug pull hours after initiating the deployment of the FrensTech meme coin.

The leading decentralized exchange, Uniswap found itself embroiled in a controversy that has rather surprised the crypto community. A developer associated with the exchange faced serious allegations of misconduct related to a memecoin project.

One factor that consistently mars the reputation of the crypto space is the act of "rug pulls." The latest to join the infamous list is the meme token FrensTech (FRENS), and its ties to a well-known name in the decentralized exchange world have left many in shock.

DeBank's “Asset Layer for Social” blockchain looks to tackle costly transaction fees and safeguard layer 1 assets on EVM-compatible chains. The DeFi aggregator said its chain would implement account abstraction at chain level to offer a web2-like experience for users.

Coinbase mainnet of Base is finally up and running, but there are some who have had a chance to use it for a few weeks already, among their investments are players such as Uniswap, USDT but also memecoins.

Although the crypto market on the whole witnessed some turbulence, the same couldn't be said about OP tokens. This was because OP emerged as a standout performer, gaining 42% in the past month.