Announcements Gate Research: AI Meme Tokens Remain Popular, Bitcoin Network Hash Rate Hits New All-Time High

Gate Research: AI Meme Tokens Remain Popular, Bitcoin Network Hash Rate Hits New All-Time High

2024-10-22 11:44:41 UTC 18406 Read

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**Gate Research Daily Report: October 22**—BTC price fell 2.40% over the past 24 hours to $67,376, facing support at $66,500. Investors should closely monitor market dynamics. Bitcoin network hash rate reached a new all-time high, surpassing 840 EH/s. Magic Eden surpassed OpenSea in user numbers over the past year. Gate Ventures and HackQuest co-hosted the Web3 Dev Huddle, fostering Web3 innovation in Southeast Asia. A Typo involving GOAT caused a brief panic-driven correction, but it did not dampen the ongoing popularity of AI Meme derivative tokens. The European Union launched the Trusted Investors Network to support deep tech innovation and enhance global competitiveness. The daily active users of the TON network dropped to around 1.58 million.

**Market Analysis**: BTC price fell by 2.40% in the past 24 hours, with the current support level at $66,500.
**Top Performers**: The top performing tokens in the past 24 hours are VIRTUAL, XCN, and SAFE.
**Data Highlights**: Bitcoin network hash rate has surpassed 840 EH/s, setting a new all-time high.
**Spotlight Analysis**: A typo involving "GOAT" led to a panic selloff, but it did not dampen the ongoing popularity of AI Meme derivative tokens.
**Market Opportunities**: Scroll announced its first airdrop event, distributing 55 million SCR tokens to reward community contributors.

Explore today's details   👉🏻 Gate Research: AI Meme Tokens Remain Popular, Bitcoin Network Hash Rate Hits New All-Time High

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Gate.io Team
Oct 22nd, 2024

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