“Should Have Bought” is a news podcast by the ForkLog editorial team covering the week’s main industry events and the hottest tokens.
Topics: Trump’s victory, Bitcoin hits a new ATH above $76,000, Polymarket faces scrutiny from French authorities, and Pavel Durov introduces new features for Telegram mini-apps.
Special guest: crypto investor and founder of the Telegram channel “24 Words,” Artem Tolkachev.
Participants: ForkLog authors Lena Jess and Alex K.
47th President of the USA
Donald Trump has become the 47th President of the United States, defeating Kamala Harris of the Democratic Party in the election. The inauguration is set for January 20, 2025, with Senator J.D. Vance as Vice President.
During his campaign, Trump expressed support for the crypto industry, promised to strengthen the US’s role as a “crypto capital,” and vowed to dismiss the head of the SEC, among other pledges.
Analysts note that his victory has boosted optimism in the digital asset market, predicting a potential rise in Bitcoin’s price to $80,000 by year’s end, contrasting with a potential price drop had Harris won.
To the Moon!
Amid the news from the US, the price of the leading cryptocurrency broke the $75,000 mark on November 6, setting a new all-time high. The price continued to climb, surpassing $76,000. Following Bitcoin, most other digital assets entered the “green zone.”
On November 7, the US Federal Reserve predictably lowered the key rate range by 25 basis points to 4.5-4.75% per annum. The cryptocurrency market reacted cautiously: digital gold held above $76,000, and many altcoins showed slight growth.
New Features for Mini-Apps
Telegram founder Pavel Durov announced 10 new features for the messenger’s mini-apps, including full-screen mode, shortcuts, access to geolocation, media sharing, and ad monetization.
The innovations aim to expand developers’ capabilities and enable the creation of dozens of new apps and games in the popular messenger. Some features are already active, with the rest promised to launch within a couple of weeks.
Additionally, TON Accelerator and Mantle announced a $5 million initiative to foster cross-chain innovations between TON and EVM networks, providing participants with development support and market entry strategies.
Is the “Hamster” Dead?
The Telegram clicker Hamster Kombat lost a significant portion of its active audience following what users deemed an unsuccessful airdrop. The number of players dropped from 300 million to 40.9 million, and the price of HMSTR plummeted from $0.011 to $0.002431 since listing, according to CoinGecko.
The community reacted negatively to the postponements of trading start dates on major exchanges and the exclusion of most players from the airdrop. Out of 300 million users, only 131 million received tokens; another 2.3 million accounts were blocked on suspicion of cheating.
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