BTC OGs selling covered calls is the main culprit suppressing price: Analyst

PANews reported on October 6 that the NFT project Goblintown announced on the X platform that it will launch the GobStrategy deflation strategy at 12 noon Eastern Time. According to the announcement, the Goblintown team will use its entire 1% team allocation to purchase and destroy NFT Strategies goblins, which are placed at 1.2x the price. The project will directly destroy the purchased Goblintown NFTs, immediately entering a deflationary state for the entire NFT collection. In addition, each destroyed goblin NFT carries with it an allotment of 500,000 $GOB tokens, which will be distributed over the next two years and will also be destroyed.

PANews reported on September 17th that on-chain sleuth ZachXBT tweeted that OpenVPP ( $OVPP ) announced this week that it was collaborating with the US government to advance energy tokenization. SEC Commissioner Hester Peirce subsequently responded, stating that the company does not collaborate with or endorse any private crypto projects. The OpenVPP team subsequently hid the response. Several crypto influencers have participated in promoting the project, and the accounts involved have been questioned as typical influencer accounts.

The post Dogecoin Rally Sparks Meme Coin Frenzy appeared on BitcoinEthereumNews.com. The crypto market is once again buzzing with excitement as meme coins prepare for what could be another explosive rally. Meme coin market capitalization rose 7% in the past 24 hours, with trading volume up 50%, according to CoinMarketCap, as both whales and retail traders return. This surge of momentum has many calling it the beginning of a new “meme season.” Historically, when liquidity floods into meme coins, the strongest projects have delivered outsized gains. Today, one project in particular is drawing attention: Maxi Doge. Source – Crypto ZEUS YouTube Channel The Doge Narrative Remains Strong Much of the current excitement stems from Dogecoin’s performance. With a spot ETF under consideration, $DOGE has rallied roughly 34% and is approaching positive territory for the year. Technically, Dogecoin has been trending upward since late 2023, and maintaining levels above $0.29-$0.30 could pave the way to $0.35. In a strong bull market, even $2 remains possible. This momentum highlights why tokens associated with the Doge brand carry significant cultural and market influence. Projects such as Shiba Inu, Floki, Dogwifhat, Bonk, and Mog Coin have historically been first movers when meme coin cycles return, a trend also reflected in the recent price movements reported on CoinMarketCap. That is why traders are closely watching Maxi Doge, which brands itself as “Doge on steroids” with the goal of amplifying the meme coin narrative. Maxi Doge Presale Hints at 10x to 15x Growth Potential The presale for Maxi Doge is proving successful, having already raised over $2.3 million of its $2.5 million target. Once this phase ends, token prices reset higher, giving early participants an immediate advantage. This presale structure mirrors other meme coins that later performed strongly once listed. If Maxi Doge enters exchanges reflecting its roughly $2 million presale raise and follows the trajectory of…