{"id":49055,"date":"2025-09-23T13:16:49","date_gmt":"2025-09-23T13:16:49","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=49055"},"modified":"2025-09-23T13:16:49","modified_gmt":"2025-09-23T13:16:49","slug":"crypto-market-today-og-astr-surge-as-bitcoin-defends-112k","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=49055","title":{"rendered":"Crypto Market Today: OG, ASTR Surge as Bitcoin Defends $112K"},"content":{"rendered":"
\n

The crypto market regained poise in the past 24 hours, with market leader bitcoin (BTC) defending support at $112,000. The leading cryptocurrency, however, continued to trade below it’s 50-day simple moving average, hinting at near-term price weakness. <\/p>\n

The broader market followed bitcoin’s lead, as the CoinDesk 20 Index rose over 1%. Decentralized AI operating system Og AI’s (Zero Gravity) OG token rose over 50% and Avalanche’s AVAX rose 10%. <\/p>\n

Other notable winners were MNT, ASTR, CRO, NEAR and XLM. <\/p>\n

Token Talk<\/strong><\/h2>\n

By Oliver Knight<\/p>\n

    \n
  • The 0G (Zero Gravity) issued its native token alongside the rollout of the Aristotle mainnet on Sep. 18, marking its transition from testnet to a live, fully operational AI-focused layer-1 blockchain.<\/li>\n
  • 0G made community rewards a prominent part of its launch strategy: early contributors, active participants in community campaigns, Discord users, holders of certain NFTs (e.g. the One Gravity collection), and other grassroots actors were eligible for airdrops.<\/li>\n
  • The project\u2019s modular architecture, combining data availability, storage, compute, and a dedicated chain for AI inference, coupled with integrations & partnerships has bolstered hype and contributed to 0G’s 54% rise of the past 24 hours.<\/li>\n
  • It currently has a market cap of $1.23 billion with daily trading volume hitting $3.3 billion, according to CoinMarketCap.<\/li>\n
  • The tokenomics are structured to balance short- and long-term incentives. With a total supply of 1 billion tokens, with 21.3% is unlocked immediately.<\/li>\n
  • 0G Labs raised over $350 million before or during launch, including a seed round ($40 million) and a large token purchase commitment ($250 million), with additional capital from node sales. <\/li>\n
  • Key investors include Hack VC, OKX Ventures, Delphi Ventures, Samsung Next, and Animoca Brands.<\/li>\n
  • Right after its launch, 0G achieved rapid listings on major exchanges, including Kraken and Binance, helping generate liquidity, visibility, and trading volume early in its lifecycle.<\/li>\n<\/ul>\n

    Derivatives Positioning<\/strong><\/h2>\n

    by Omkar Godbole<\/p>\n

      \n
    • Global notional futures open interest has dropped to $102 billion from last week’s high of $110 billion, as Monday’s massive liquidations cleared over leveraged bets.<\/li>\n
    • AVAX, MNT, NEAR and XMR have bucked the broader market trend with notable gains in open interest. AVAX\u2019s 25% surge in open interest confirms the bullish momentum behind the cryptocurrency\u2019s price rally.<\/li>\n
    • Open interest in ASTR, the native token of Hyperliquid competitor Aster, has surged to $12.63 million\u2014the highest level since January. In recent months, Hyperliquid has ceded market share in on-chain perpetuals to rising challengers Aster and Lighter.<\/li>\n
    • XRP, BNB, ADA, LINK and Binance-listed 1000SHIB perpetual futures continue to see negative funding rates, indicating a dominance of bearish short positions. It suggests scope for a “short squeeze” higher in case the market shows renewed resilience.<\/li>\n
    • The growth in the CME-listed BTC futures OI has stalled while options OI increased to 52.84K BTC, the highest since April. In ether’s case, both futures and options OI hovers near record highs.<\/li>\n
    • On Deribit, BTC and ETH put skews in short-dated and near-dated options have eased as traders chased bullish BTC call options. On the OTC desk Paradigm, block flows featured BTC calendar spreads and writing of Solana put options.<\/li>\n<\/ul>\n

      <\/strong><\/h2>\n

      <\/em><\/p>\n<\/p>\n

      Token Talk<\/strong><\/h2>\n

      By Oliver Knight<\/p>\n

        \n
      • The 0G (Zero Gravity) issued its native token alongside the rollout of the Aristotle mainnet on Sep. 18, marking its transition from testnet to a live, fully operational AI-focused layer-1 blockchain.<\/li>\n
      • 0G made community rewards a prominent part of its launch strategy: early contributors, active participants in community campaigns, Discord users, holders of certain NFTs (e.g. the One Gravity collection), and other grassroots actors were eligible for airdrops.<\/li>\n
      • The project\u2019s modular architecture, combining data availability, storage, compute, and a dedicated chain for AI inference, coupled with integrations & partnerships has bolstered hype and contributed to 0G’s 54% rise of the past 24 hours.<\/li>\n
      • It currently has a market cap of $1.23 billion with daily trading volume hitting $3.3 billion, according to CoinMarketCap.<\/li>\n
      • The tokenomics are structured to balance short- and long-term incentives. With a total supply of 1 billion tokens, with 21.3% is unlocked immediately.<\/li>\n
      • 0G Labs raised over $350 million before or during launch, including a seed round ($40 million) and a large token purchase commitment ($250 million), with additional capital from node sales. <\/li>\n
      • Key investors include Hack VC, OKX Ventures, Delphi Ventures, Samsung Next, and Animoca Brands.<\/li>\n
      • Right after its launch, 0G achieved rapid listings on major exchanges, including Kraken and Binance, helping generate liquidity, visibility, and trading volume early in its lifecycle.<\/li>\n<\/ul>\n

        Derivatives Positioning<\/strong><\/h2>\n

        by Omkar Godbole<\/p>\n

          \n
        • Global notional futures open interest has dropped to $102 billion from last week’s high of $110 billion, as Monday’s massive liquidations cleared over leveraged bets.<\/li>\n
        • AVAX, MNT, NEAR and XMR have bucked the broader market trend with notable gains in open interest. AVAX\u2019s 25% surge in open interest confirms the bullish momentum behind the cryptocurrency\u2019s price rally.<\/li>\n
        • Open interest in ASTR, the native token of Hyperliquid competitor Aster, has surged to $12.63 million\u2014the highest level since January. In recent months, Hyperliquid has ceded market share in on-chain perpetuals to rising challengers Aster and Lighter.<\/li>\n
        • XRP, BNB, ADA, LINK and Binance-listed 1000SHIB perpetual futures continue to see negative funding rates, indicating a dominance of bearish short positions. It suggests scope for a “short squeeze” higher in case the market shows renewed resilience.<\/li>\n
        • The growth in the CME-listed BTC futures OI has stalled while options OI increased to 52.84K BTC, the highest since April. In ether’s case, both futures and options OI hovers near record highs.<\/li>\n
        • On Deribit, BTC and ETH put skews in short-dated and near-dated options have eased as traders chased bullish BTC call options. On the OTC desk Paradigm, block flows featured BTC calendar spreads and writing of Solana put options.<\/li>\n<\/ul>\n

          <\/strong><\/h2>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

          The crypto market regained poise in the past 24 hours, with market leader bitcoin (BTC) defending support at $112,000. The leading cryptocurrency, however, continued to trade below it’s 50-day simple moving average, hinting at near-term price weakness. The broader market followed bitcoin’s lead, as the CoinDesk 20 Index rose over 1%. Decentralized AI operating system […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-49055","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/49055","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=49055"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/49055\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49055"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49055"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49055"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}