Ethereum and LINK Hold Support — 5 Best Altcoins to Buy Before Q4 Rotation Kicks In

PANews reported on October 23rd that ZEROBASE announced it has completed a repurchase of 26.3 million ZBT to fund the institutional staking reward airdrop originally scheduled for November 17th. This portion of ZBT, representing 2.63% of the total supply, will be transferred to the team wallet for long-term holding after unlocking on November 17th. KOL airdrops, Booster referral rewards, community contribution rewards, and selected institutional staking rewards will also be distributed as planned on the same date.

PANews reported on October 23rd that decentralized exchange platform Aster announced the launch of a new product, "Rocket Launch." This program aims to provide liquidity support to early-stage projects while giving users early access to emerging on-chain opportunities. Each event features a prize pool comprised of both ASTER tokens and the project's own tokens. Participating projects must provide funds and tokens. Aster will use these funds to repurchase ASTER tokens, which will then be added to the prize pool and distributed to eligible participants. To win a prize, participants must meet the following criteria: achieve a required trading volume in designated spot or perpetual futures trading pairs; and maintain a minimum ASTER token balance in their spot and perpetual futures accounts during the event period. Rewards will be distributed proportionally based on participants' trading volume. Rocket Launch's inaugural project is APRO (AT), a professional oracle protocol focused on RWA, AI, and DeFi applications. The total prize pool is $200,000 USD worth of ASTER tokens, with an additional AT bonus pool as an additional reward. The event will take place from 12:00 UTC on October 24th to 23:59 UTC on November 6th.

PANews reported on October 23rd that according to on-chain analyst @ai_9684xtpa, the address 0xCEd...837b9 held a heavy position of $6.28 million worth of LINK at the peak before the 1011 flash crash. After holding the position for two weeks, it sold it at a loss, ultimately losing $1.096 million. He bought 293,000 LINK between 12:50 AM and 1:14 AM on October 11th at an average price of $21.4. Just four hours later, the price plummeted to $7.9, instantly reducing his assets by 63%. He still lost 18% when he sold his holdings two hours ago at an average price of $17.55.