OG, Ast arises as Bitcoin defends $ 112K

The cryptography market regained balance in the last 24 hours, with the Bitcoin market leader BTC$112,927.71 Support defense at $ 112,000. However, the leading cryptocurrency continued to operate below its simple mobile average of 50 days, hinting at short -term prices.

The widest market followed Bitcoin’s leadership, since the Coendesk 20 index increased more than 1%. OG AI Decentralized Operating System (Zero gravity) The Token OG increased more than 50% and Avax of Avalanche increased by 10%.

Other notable winners were MNT, Ast, Cro, Near and XLM.

Token talk

By Oliver Knight

• The 0g (Zero gravity) He issued his native token along with the deployment of Aristotle Mainnet on September 18, marking his test transition to a live and totally operational layer block chain centered on AI.
• 0G made the community reward an outstanding part of its launch strategy: early taxpayers, active participants in community campaigns, discord users, headlines of certain NFTS (for example, the collection of one severity)and other base actors were eligible for Airdrops.
• The modular architecture of the project, which combines the availability of data, storage, computation and a dedicated chain for AI inference, together with integrations and associations has reinforced the hype and has contributed to the 54% increase of 0g of the last 24 hours.
• It currently has a market capitalization of $ 1.23 billion with a daily negotiation volume that reaches $ 3.3 billion, according to Coinmarketcap.
• Tokenomic are structured to balance short and long term incentives. With a total supply of one billion tokens, with 21.3% it is immediately unlocked.
• 0G LabS raised more than $ 350 million before or during launch, including a seed round ($ 40 million) and a great commitment to buy tokens ($ 250 million)with additional capital of node sales.
• Key investors include Hack VC, OKX Ventures, Delphi Ventures, Samsung Next and Animoca Brands.
• Just after its launch, 0G achieved rapid listings in the main exchanges, including Kraken and Binance, helping to generate liquidity, visibility and negotiation volume at the beginning of its life cycle.

Derivative positioning

By Omkar Godbole

• Global Notional Futures Open Interest has reduced to $ 102 billion from the maximum of $ 110 billion last week, since the mass settlements on Monday were clearing about leverage bets.
• Avax, MNT, Near and XMR have reached the broader market trend with notable profits in open interest. The 25% increase of AVAX in open interest confirms the bullish impulse behind the cryptocurrency pricing rally.
• The open interest in Ast, the native token of the Hyperlichid Aster competitor, has increased to $ 12.63 million, the highest level since January. In recent months, hyperliquido has yielded the market share in perpetuals in the chain to the growing aster and lighter challengers.
• XRP, BNB, ADA, Link and perpetual future of 1000Shib, quoted in Binance, continue to see negative financing rates, indicating a domain of short short positions. It suggests reach for a higher “brief compression” in case the market shows a renewed resilience.
• The growth in the BTC Futures OI that is on the CME list has stagnated while the OI options increased to 52.84k BTC, the highest since April. In the case of Ether, both future and options question near records.
• In Delibit, BTC and ETH they put biases in short date and almost dated options, since merchants pursued BTC purchase options. In the OTC desktop paradigm, the block flows had BTC calendar and the writing of Solana sales options.