Is speculative trading in cryptocurrencies a gamble? The rise of meme-driven coins, especially those like Shiba Inu (SHIB) and Chainlink (LINK), highlights the consequences of such trading strategies. The most pressing issue is volatility, stirring up market turbulence. Distorted asset value leads to bubbles that inevitably burst, causing significant investor losses. Furthermore, traders often succumb to psychological strain, resulting in trading compulsiveness and emotional decision-making, which trump rational investments. This vicious cycle can erode investor confidence, stalling cryptocurrencies’ long-term adoption.
Why are SHIB and LINK prime examples? Both cryptocurrencies thrive on hype and speculative trading. The community and social media buzz surround SHIB, though its price fluctuations hinge more on community sentiment than real-world utility. Despite initiatives like Shibarium designed to expand its ecosystem, the focus lies on speculative trades, not sustainable utility.
LINK’s surging whale activity also showcases hype-driven trading. Large holders have amassed impressive volumes, spiking prices, but external factors drive LINK’s momentum. The slow rollout of updates like staking features and cross-chain support raises questions about long-term viability. Both cases illustrate speculative trading’s perils, where excitement fades, leaving investors exposed to market corrections.
What makes BlockDAG different? BlockDAG diverges from the pack by centering on real-world utility and infrastructure. Unlike SHIB and LINK, which often flutter in the wind of market sentiment, BlockDAG builds a functioning ecosystem. Its Awakening Testnet is live, offering users access to decentralized applications (dApps) and tools for developers. This proactive approach has attracted nearly $420 million in presales, indicating a strong demand for its solutions.
The hybrid Directed Acyclic Graph (DAG) architecture fuels high transaction throughput and energy efficiency. This tech fosters a growing developer community, resulting in thousands of dApps in development. By emphasizing measurable progress and real-world applications, BlockDAG redefines the crypto investment landscape.
In what way does BlockDAG challenge traditional investment models? BlockDAG’s approach contrasts sharply with the conventional hype-driven model as it focuses on network functionality and developer interaction. Rather than relying on speculative marketing, BlockDAG creates usable tools and infrastructure pre-mainnet launch. This transition from speculation to sustainable growth is vital for cryptocurrencies’ future, as it encourages demonstrable utility and technological advancement.
The presale method is also noteworthy: it relies on tangible infrastructure progress over inflated promises. By syncing fundraising with development milestones, BlockDAG earns investor trust and sets a new standard for upcoming projects. This tactic not only lessens speculative trading risks but promotes a healthier crypto market.
What lies ahead for cryptocurrencies? The long-term implications of speculative trading for coins like SHIB and LINK are troubling. Without pivoting to real-world utility, these assets may remain volatile and unstable. The strain of speculative trading could amplify these concerns, triggering cycles of irrational decision-making.
In contrast, projects like BlockDAG focusing on usability and infrastructure development foster a sustainable cryptocurrency future. By showcasing real-world applications and building a developer-centric environment, BlockDAG sets a precedent for success in the space. This shift could enhance adoption and stabilize the market, as cryptocurrencies evolve from speculative assets into valuable everyday tools.
What does this all mean? The future of cryptocurrencies hinges on moving past hype and speculation. By emphasizing utility, technological innovation, and community engagement, BlockDAG is reshaping the landscape. As the industry matures, focusing on functional tools and infrastructure is paramount for bolstering investor confidence and stimulating long-term growth.

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Speculative trading in cryptocurrencies like SHIB and LINK leads to volatility and market instability. Discover how BlockDAG's approach promotes real utility.
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Few People Own a Full Bitcoin: What the Data Reveals About Cryptocurrency Ownership  Investopedia
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Home » Pi Network » Pi Network’s DeFi Beast Awakens: DEX & AMM Reinforce Pi Coin
Pi drops a dual update while shifting focus to utility, onboarding Pioneers to the open mainnet gracefully & safely.
During the Token2049 conference in Singapore this year, Pi Network’s Core team members unleashed quite a few fascinating updates for the Pioneer community. First of all, Dr. Chengdiao Fan, one of the co-founders, broke the great news of decentralized exchange (DEX) going live on Pi Network’s mainnet, which kicked off in February, 2025 & had been expanding since.
Further on, Pi Core developers are adding the automated market maker (AMM) liquidity pool, a key functionality in order to mint new coins that’s compatible with Pi Network (PI). Right now, both upgrades are available on Pi’s Testnet, so that developers & crypto aficionados can have an experiment with liquidity pools, building tools & token swaps before the mainnet launch.
The launch of Pi DEX, AMM, and liquidity pool features on Testnet gives developers and Pioneers a live environment to try out the mechanics of decentralized finance (DeFi) inside the Pi ecosystem.

Read the full announcement to learn more! https://t.co/JrTc7lbbp6
Earlier, Pi Network (PI) introduced a $100 million development fund to bolster the infrastructure on Pi’s mainnet. Promising to launch 100 decentralized applications (dApps) covering various fields like grocery ordering, Real World Asset (RWA) tokenization, blockchain gaming & more, this is supposed to double the size of the Pioneer community over time.
18M users have signed up for the mainnet so far, while over 60 million crypto enthusiasts are reported to have registered overall. Know Your Customer (KYC) verification is a key phase in getting the pre-mined coins transitioned to the mainnet. Depending on the geographical area,  Pi Network (PI) members can choose from Banxa or the latest direct-line Fast-Track KYC.
🔥Hot News! @PiCoreTeam @token2049
Cc: @Chengdiao @nkokkalis
– Utility and Innovation, Beyond Speculation
– AI and Crypto: Safeguarding Human Agency
– Achieving Mass Adoption

We are listening to Dr. Chengdiao talk about Blockchain and AI innovation. The Pi Revolution is just… pic.twitter.com/2lRiBUsmlZ
In the latest keynote speech at this year’s edition of Token2049 in Singapore, Dr. Fan discussed the progress of Pi’s ecosystem, highlighting the focus from liquidity to utility, which is something the Pioneers have longed for.
With the recent Pi Hackathon 2025 coming up with all sorts of ways to boost utility, it seems the idea of Pi’s eventual adoption to the same levels like BTC is perfectly streamlined across Pi Network’s community, despite the Pioneers often complaining about lack of major crypto exchange listings (CEXs).
Explore DailyCoin’s trending crypto currency news:
Coinbase Welcomes XPL While XRP’s Supply Squeeze Bites Hard
Polymarket Prepares U.S. Return After Securing CFTC Approval
Pi Network activates DEX for peer-to-peer token swaps and AMM for automated liquidity pools on its Testnet, plus token creation tools for developers.
Jump into the Pi Wallet app—link to Testnet to experiment with test tokens, swaps, and pools in a risk-free sandbox before it hits the Mainnet.
Testnet keeps things secure and educational: Developers refine DeFi apps without real risks, boosting Pi’s utility while prepping for full launch.
Pi hovers around $0.27 after a brief 3.5% bump from the news, but faces bearish pressure—watch for steady climbs if testnet hype builds momentum.
These DeFi tools amp up real-world use, sparking community buzz that might fuel gradual gains toward $1 over time, though markets stay unpredictable.
This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.
Tadas Klimaševskis is a DailyCoin Journalist, covering memecoins & latest developments. Tadas has moderate holdings in SHIB, HBAR, LTC, MATIC and a selection of low-cap meme currencies.
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Winning numbers drawn in Wednesday’s Illinois Pick 4 Evening  News-Times
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The CME Group (NASDAQ:CME) on Thursday announced that it will begin offering round-the-clock trading for cryptocurrency futures and options in early 2026, pending regulatory approval.
What Happened: Trading will run on CME Globex with a brief weekend maintenance window, according to a press release.
Trades executed from Friday evening through Sunday evening will carry the next business day's trade date, with clearing and reporting processed accordingly.
The move aims to meet growing demand from clients who want to manage risk continuously.
"While not all markets lend themselves to operating 24/7, client demand for around-the-clock cryptocurrency trading has grown as market participants need to manage their risk every day of the week," Tim McCourt, Global Head of Equities, FX and Alternative Products at CME Group commented.
Also Read: Bitcoin Hits 2-Month At $118,000 High, Ethereum, XRP, Dogecoin Rocket Higher
Why It Matters: CME's crypto derivatives have seen record activity in 2025, including $39 billion in notional open interest, 335,200 average daily contracts, and over 1,010 large open interest holders, highlighting strong institutional participation in the market.
It has recorded August ADV of 411,000 contracts, up 230% year on year and representing $14.9 billion notional.
Read Next:
Image: Shutterstock
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
A newsletter built for market enthusiasts by market enthusiasts. Top stories, top movers, and trade ideas delivered to your inbox every weekday before and after the market closes.

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1. Government agencies are blaming the shutdown on Democrats. Ethics experts say it could be against the law.  Politico
2. Federal agencies blast Democrats for the government shutdown. Are they violating the Hatch Act?  WTOP
3. Crockett on White House shutdown messaging: ‘How can this not be a violation of the Hatch Act?’  The Hill
4. Media bashes Trump Admin messaging for pinning shutdown on Dems, White House fires back  Fox News
5. Trump administration uses government websites, email messages to pin government shutdown on Democrats  NBC News

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Illinois Lottery has added a few more zeros to the Chicago’s original 312 area code in two new drawings.
For the first time ever, Chicagoans will have a chance to win $312 million in both the Mega Millions and Powerball jackpots.
Stream NBC 5 for free, 24/7, wherever you are.
All Illinois residents will also have the chance to win money with the Lotto worth over $5 million and Lucky Day Lotto worth $550,000.
The next drawing for both Powerball and Lucky Day Lotto will be Wednesday, then again on Saturday and next Monday. Mega Millions is played every Tuesday and Friday, with the next drawing Friday at 10 a.m.
Both Mega Millions and Powerball tickets are $2 each and players can add the Megaplier or Power Play for an additional $1 for a chance at non-jackpot prices.
So far in 2022, two Illinois residents have won prizes of $1 million or more in Powerball drawings, and four players have won prizes of at least $1 million with Mega Millions, according to Illinois Lottery.

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After poor performance for the majority of September, Ethereum entered a sharp recovery on October 1, reaching $4.3K, and sparking bullish predictions.
In addition to a new ETH ATH target, ETH inflows reached $674M inflows in two days due to restored institutional interest.
Positive Ethereum price movements generally indicate bullish sentiments for altcoins. As a result, alts are expected to soar in October, leading investors to debate which is the next crypto to explode.
Although established coins are likely to see heavy action, there’s also huge interest in presales such as DeepSnitch AI, which raised $286K in the first stage at the price of $0.01735.
In addition to sizable upside potential, DeepSnitch AI also stands out due to its trader-centric AI utility aimed at empowering retail traders with crypto analytics.
After days of weak momentum, Ethereum pumped by 4% in 24 hours, shooting past the $4.3K area, according to CoinMarketCap.

Analysts have identified a bull flag pattern on the weekly chart, which could help Ethereum break out, with the technical setup proposing a target of $10K. However, for the scenario to come to fruition, ETH must shoot past the $4.5K resistance first.
Although a $10K target might seem like wishful thinking, analysts believe that increasing network flows might actually happen.
This is happening amidst fears surrounding the ongoing government shutdown, which didn’t impact Ethereum’s short-term prospects.
In fact, the likely reason for the pump is the underwhelming labor market stats, which enhanced the possibilities of new Fed rate cuts in October. The FedWatch Tool reveals that a 0.25% interest rate might happen.
Ethereum’s prospects are also strengthened by the increase in capital flows into Ethereum ETFs. Following weeks of excessive outflows, ETH ETFs recorded $674 million in net inflows.
According to third-party data, ETFs and collective holdings of Ether grew by 250% since April, which rounds down to over $12M worth of Ethereum, which proves its potential as a long-term strategic reserve asset.
Bullish Ethereum performance generally correlates to altcoin season, which is why traders are looking to diversify their portfolios in order to profit from the Uptober pump.
DeepSnitch AI is an AI project created to bridge the gap between regular investors and whales, influencers, and insiders who dominate the market.
On the merits of this noble offering, DeepSnitch AI raised $286K in record time during the first stage at the price of only $0.01735.
The project is developing a sophisticated AI dashboard that compiles data sourced by five AI agents that specialize in sourcing and processing blockchain data. Traders can use the dashboard to view key analytics on whale wallets, new tokens, contract risk, and even gain access to alpha news.
Since whales often make large moves before the news hits, fast AI analytics might provide traders with a fighting chance in such a lopsided market. Thus, investors believe that this utility could help DeepSnitch AI reach mainstream acceptance, which is expected to drive the token’s value after launch.
Currently priced at an affordable $0.01735, DSNT has a strong upside potential due to its utility and position in the AI market.
For instance, if the token goes 100x (which is a conservative prediction), investing $500 could provide returns north of $50K.
In comparison, XPL may be new, but it also has a market cap of $1.7B, which might limit the ROI, even if it reaches $2 in the coming weeks.
DSNT’s potential is hard to ignore, which explains the ongoing hype and $286K raised in the first stage.

 
Cardano may be set up for a massive rally in the coming days. According to CoinMarketCap, ADA pumped by 6% in 24 hours, settling in the $0.8500 area on October 1.

In late September, analysts identified Cardano’s 20-day EMA at $0.83 as the key level for further growth. Considering that the price is steady, and ADA is on a noticeable upward trajectory, the coin is free to extend its path beyond $1.
According to experts, ETF approvals and technical indicators lean bullish, so the breakout toward $1 is likely to happen in October. Cardano holders will be happy about ADA’s end-of-the-year target of $4, which is also the new all-time high.
Even though Cardano may be a solid long-term hold, its upside potential may be limited, especially compared to presales like DeepSnitch AI.
While Cardano and other altcoins pump, XPL dipped by over 3% in 24 hours on October 1, according to CoinMarketCap.

Yet, analysts are still bullish on XPL and expect further upward price action once the correction period comes to a close, citing strong fundamentals.
Moreover, key indicators have started recovering, which may indicate a rally may materialize in the coming days.
Considering that the market is overwhelmingly bullish, there’s a possibility XPL will follow suit soon and race toward $2. Medium-term projections set the target at $4, with the end-of-the-year prediction set at $10.
While it may lack the moonshot potential of early-stage projects, XPL could rise even further in 2026.
While it’s too early to call the beginning of the altcoin season, Ethereum’s recent breakout is a solid sign that a massive market-wide rally may occur in October.
DeepSnitch AI could be the next crypto to explode in the Q4 bullish wave, especially considering the $286K raised in record time. Combine the winning AI utility and the affordable entry of $0.01735, and DeepSnitch AI has all the building blocks of a winning project that could easily pump 100x after listing.
DeepSnitch AI could be considered the next crypto to explode due to its AI-driven trading dashboard, affordable presale price, and potential for 100x gains after launch.
At the presale price of $0.01735, a $500 investment could grow to $50K if DeepSnitch AI reaches its projected 100x potential.
Quite contrary, even though Ethereum and Cardano have steady growth, early-stage presales like DeepSnitch AI often offer higher upside potential due to low entry prices.
Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

After rallying above $4,300, the Ethereum price prediction shows $10,000 is achievable by 2026. With…

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Fishermen in Mississippi pull off dramatic rescue of 38 dogs treading water  New York Post
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1. S&P 500 pulls back after hitting fresh record as U.S. government shutdown continues: Live updates  CNBC
2. As the US government hits pause, Trump’s economic chaos only accelerates  CNN
3. Why the Stock Market Could Care Less About a Shutdown—and Whether It Should  Barron’s
4. Investors are unfazed about the government shutdown. Here’s how stocks have fared during previous closures.  CBS News
5. Stock Market Today: Nasdaq Edges Higher Up as Government Shutdown Enters Second Day — Live Updates  The Wall Street Journal

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