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Bitcoin 2024 Recap and 2025 Predictions

The year 2024 will go down in history as a transformative period for Bitcoin and the broader cryptocurrency market. This was the year that Bitcoin crossed the $100,000 threshold, spot Bitcoin ETFs made their groundbreaking debut, and stablecoins solidified their role in the global financial system. As we move into 2025, the momentum built in 2024 provides a strong foundation for continued growth and adoption. This article takes a closer look at Bitcoin’s remarkable 2024 and what we can expect for the year ahead. 2024: The Year Bitcoin Proved Its Might The $100,000 Milestone Bitcoin, the pioneer of cryptocurrencies, achieved an unprecedented feat in 2024 by surpassing the $100,000 mark. This milestone wasn’t just a psychological barrier but also a testament to Bitcoin’s growing acceptance as a global asset. Institutional investments, fueled by the approval of spot Bitcoin ETFs, played a key role in this price surge. Bitcoin’s rise was further supported by increasing global adoption. From retail investors to institutions, the demand for Bitcoin surged as it continued to prove its utility as a store of value, especially in uncertain economic times. The limited supply of 21 million coins remained one of Bitcoin’s most compelling features, driving demand among those looking for an inflation-resistant asset. Bitcoin's $100K Milestone: A Season Of Growth And Optimism Bitcoin ATHs And A Festive Market: Bitget Has You Covered Institutional Predictions and Valuation Insights: $100K, $1M, $3M The Pro-Crypto Shift: Trump, Bitcoin, And Market Transformations The Launch of Spot Bitcoin ETFs The introduction of spot Bitcoin ETFs in 2024 was a watershed moment for the cryptocurrency market. These funds allow investors to gain exposure to Bitcoin without the need to directly purchase and store the cryptocurrency. With major financial institutions like BlackRock, Fidelity, and Ark Invest leading the charge, spot Bitcoin ETFs quickly became the most successful ETF launch in history, attracting over $108 billion in assets under management. The approval of these ETFs marked the culmination of years of effort to bring Bitcoin into the mainstream financial ecosystem. For retail and institutional investors alike, the ETFs offered a simple, secure, and regulated way to invest in Bitcoin, further legitimizing its role as a valuable asset class. DDD-Day: Bitcoin ETF Is Approved An Analysis of The Launch of Spot ETH ETFs in the US The Rise of Spot Bitcoin ETFs: One Month After SEC Approval Predictions for Bitcoin in 2025 As Bitcoin and the cryptocurrency market look ahead to 2025, several key trends and developments are likely to shape the next phase of growth. 1. Strategic Bitcoin Reserves One of the most intriguing possibilities for 2025 is the establishment of Strategic Bitcoin Reserves (SBR) by major nations. The U.S. has already floated the idea of creating a Bitcoin reserve, which could inspire other G7 or BRICS countries to follow suit. This potential move is driven by the understanding that Bitcoin’s limited supply and growing status as a store of value make it an attractive addition to national reserves. If a major country integrates Bitcoin into its reserve strategy, it would mark a significant shift in global finance. Such a decision would elevate Bitcoin’s role as a reserve asset, diversify national holdings, and reshape international power dynamics. 2. Bitcoin DeFi and Layer 2 Growth Bitcoin is evolving beyond its original purpose as a store of value. The emergence of Layer 2 networks like Stacks, BOB, and CoreDAO has unlocked the potential for DeFi applications built on Bitcoin. In 2024, the introduction of innovations like the Nakamoto Upgrade and trustless Bitcoin-pegged assets enabled users to lend, borrow, and stake Bitcoin securely within its ecosystem. In 2025, the total value locked in Bitcoin DeFi is projected to surpass the $24 billion currently represented by wrapped Bitcoin derivatives on other blockchains. This growth will further integrate Bitcoin into the DeFi space, allowing users to unlock its immense value more efficiently and securely. 3. Expansion of Crypto-Focused ETFs Following the success of Bitcoin and Ethereum ETFs, the market is poised to see the introduction of new crypto-focused ETFs in 2025. These could include staking-enabled Ethereum ETFs and diversified crypto index funds offering exposure to a mix of assets like Bitcoin, Ethereum, Solana, and other emerging protocols. The continued innovation in ETFs will make crypto investing more accessible and attractive to a wider audience, further driving capital into the ecosystem. 4. Corporate Adoption by Tech Giants The Financial Accounting Standards Board (FASB) introduced new rules for cryptocurrencies in 2024, enabling companies to report crypto holdings at fair market value. This regulatory shift could encourage major corporations, particularly in the tech sector, to allocate a portion of their cash reserves to Bitcoin. Companies like Apple, Microsoft, and Google, collectively holding over $600 billion in cash, are now better positioned to embrace Bitcoin as a hedge against inflation and a non-correlated asset. If one of these “Magnificent Seven” companies adds Bitcoin to its balance sheet, it would set a precedent for corporate treasuries worldwide. 5. Total Crypto Market Cap Surpassing $8 Trillion The cryptocurrency market is poised for explosive growth in 2025, with predictions indicating that the total market cap could exceed $8 trillion. This growth will be driven by a combination of factors, including the expansion of DeFi, stablecoins, and institutional adoption of crypto assets. As new use cases continue to emerge, the market will attract both retail and institutional investors seeking to capitalize on the innovation and opportunities within the crypto space. 6. Bitcoin’s Role in Global Finance Bitcoin’s growing acceptance as a reserve asset, combined with its integration into DeFi and its prominence in ETFs, positions it as a cornerstone of global finance. As adoption increases, Bitcoin will likely play a more significant role in international trade, remittances, and sovereign wealth management. Challenges Ahead Despite the optimism surrounding Bitcoin and the broader cryptocurrency market, challenges remain. Regulatory uncertainty continues to loom, particularly in jurisdictions that have yet to establish clear guidelines for crypto assets. Scalability and energy consumption are also ongoing concerns that could impact Bitcoin’s long-term viability. Additionally, market volatility remains a characteristic feature of cryptocurrencies. While Bitcoin’s price trajectory has been overwhelmingly positive, potential corrections could test investor confidence. Conclusion The year 2024 marked a turning point for Bitcoin, solidifying its position as a global asset and paving the way for broader adoption. As we look ahead to 2025, the prospects for Bitcoin and the cryptocurrency market are incredibly promising. From the establishment of Strategic Bitcoin Reserves to the continued growth of stablecoins and the expansion of Bitcoin DeFi, the next year is set to be transformative. While challenges remain, the resilience and adaptability of the crypto industry suggest that Bitcoin will continue to thrive. Whether it’s reaching new price milestones, expanding its role in global finance, or unlocking new use cases, Bitcoin’s journey is far from over. As the world watches, 2025 could be the year Bitcoin becomes an even more integral part of our financial future. Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading guidance. Qualified professionals should be consulted prior to making financial decisions.

Bitget Beginner's Guide — Introduction to Margin Mode

Overview - This article aims to introduce the definitions and concepts related to margin in futures trading, and how to effectively utilize margin to engage in the cryptocurrency market; - It also discusses and analyzes the risks associated with cryptocurrency margin trading; - The pros and cons of margin trading. When discussing futures trading in cryptocurrencies, the primary benefit is the amplification of an investor's purchasing power, fundamentally driven by the margin system. This system enables investors to trade with borrowed funds, often enabling them to acquire more assets than their cash accounts would permit. Because of the relatively high value of these trade positions, investors can achieve profits many times over their principal if they accurately predict market movements. Consequently, the introduction of margin trading has dramatically enhanced activity in cryptocurrency investments, making it one of the most sought-after products in the industry. What Is Margin Trading? Margin trading is undoubtedly one of the most significant innovations in the derivatives industry. Trading platforms rely on margin systems to ensure that both parties in a derivative futures can fulfill their obligations. So, how does this mechanism work? Requirements for margin can vary slightly across different trading platforms. For example, at Bitget, investors deposit a small portion of assets into their margin accounts and then have the opportunity to borrow funds, usually from the trading platform, which greatly enhances their purchasing power. Thus, margin is closely related to margin trading. For more details, refer to Bitget Coin-M Futures Leverage and Risk Management. Margin trading requires investors to re-evaluate their positions daily: those whose account balance falls below the required level must promptly top up their funds; otherwise, the trading platform will close their open positions until the account balance meets the minimum value. Additionally, investors can choose to exit positions they no longer wish to hold instead of depositing more funds. Having clarified these concepts, let us explore some of the terms and processes involved in margin trading to better understand its mechanisms. How Does Margin Trading Work? Initial Margin In cryptocurrency margin trading, investors must initially provide Bitget with a certain amount of margin, typically a small percentage of the cryptocurrency amount being traded, such as 10% or 20%—this is known as the initial margin. The initial margin represents the minimum amount required to execute the investor's requested positions. Essentially, the initial margin is directly related to the leverage of the position. For example, if you choose a leverage of 20x, your initial margin would need to be 5% of the total position amount. The larger the position, the lower the leverage and the higher the initial margin required. This arrangement allows investors to trade on a much larger scale than the actual quantity of cryptocurrencies they possess. For instance, if an investor wishes to engage in margin trading with 10 Bitcoins and selects a leverage of 10x, they would only need to provide 1 Bitcoin as margin to trade at the scale of 10 Bitcoins. This type of leveraged loan effectively magnifies the investor's capital, thereby enhancing their ability to capitalize on market fluctuations for profit. Maintenance Margin Maintenance margin is the total amount of funds required in an investor's account to maintain leveraged positions. It typically fluctuates based on the price differences of the relevant cryptocurrencies. Maintaining an adequate level of funds in the account is crucial for keeping positions open. Otherwise, investors will soon receive a notification from the trading platform, informing them that their leveraged positions may be at risk. This unwelcome message, known as margin call, signals that the investor's margin trading activities might soon be liquidated. At times, if the maintenance margin levels are not met, investors may be forced to liquidate their entire leveraged position. Maintenance margin for each position = maintenance margin rate × position value calculated at the current reasonable mark price. The transaction fees required to close a position (taker fees) are also included in the maintenance margin. This is the minimum margin necessary to maintain a position, and if the account balance falls below this threshold, the position will be liquidated. Details: Margin Overview Margin Mode In Futures Trading Now that we are familiar with the general aspects of margin trading, let's delve into the two most common margin modes in Bitget Futures Trading : cross margin and isolated margin. These two options are essentially two sides of the same coin, offering both conservative and high-risk strategies for investors. Isolated Margin Mode Isolated margin is a strategy that poses relatively lower risks without jeopardizing an investor's valuable assets. This approach allows investors to open a position that is completely isolated from other accounts. In an isolated margin position, whatever happens, will not affect the remainder of the investor's portfolio. A good isolated margin example is venturing into a new cryptocurrency or betting on a high-risk price variance in the market. In both scenarios, Bitget advises that it is wise not to put all your eggs in one basket. Using an isolated margin account gives investors the opportunity to take this risk and obtain the needed leverage without compromising any other funds. Thus, a trading failure becomes less of a concern, as experienced investors have a myriad of options to quickly mitigate risks. Having an independent isolated margin account allows investors to pursue distinctly different strategies without worrying about higher liquidation risks. Cross Margin Mode Conversely, we have a cross margin mode that flips the concept entirely. Imagine we already have a list of margin positions and are interested in obtaining one more. However, the margin requirements have become too high, nearly impossible to cover both the initial and maintenance margins assigned to the investor’s position. So, what would the correct approach for this scenario be? Should investors cease their trading efforts for the foreseeable future? No. With cross margin mode, investors can consolidate their positions with a unified margin balance. In simple terms, if an investor has ten different positions using the cross margin mode, they can share one margin balance. This option allows investors to add new portfolio positions without seeking significant liquidity. When it comes to high-risk plays in the cryptocurrency market, cross margin mode is less appealing. Under this strategy, the threat of margin calls remains across the investor’s entire margin portfolio. Imagine a profitable price movement opportunity that might enter the market in the coming weeks or months. With isolated margin, investors can luxuriously pursue this price movement without impacting their current positions. With cross margin trading, investors must consider this trade more carefully. After all, if the price movement does not succeed, investors might sacrifice months or even years of hard work. While cross margin does not accommodate opportunistic decisions, it gives traders a chance to develop a more prominent position package. Therefore, even if investors can no longer bet on attractive but risky market options, they can make it up in terms of trading volume. With enough initial margin, the cross margin mode will enable investors to accumulate a considerable margin balance, significantly multiplying their potential profits. In general, these two modes suit investors with different decision-making preferences. Isolated margin enhances the strategies of traders who like to pursue different strategies and limit their risk exposure to a single account. Conversely, cross margin trading allows you to build a vast portfolio but exposes your entire trading positions to general liquidation risks. There is no objective answer, but novice traders might be better suited to isolated margin, while each investor should decide for themselves—which strategy best fits their current situation and trading capabilities. Additionally, there are other margin concepts encountered in futures trading. Variation Margin Variation margin refers to the difference between the initial margin and the current (margin) balance, calculated when a margin call is issued. The amount of this margin varies because it must be determined individually based on different position scenarios. Available Margin The total amount of assets available each day to initiate new trades is known as the available margin. Bitget recommends that users engage in responsible trading with the aid of risk management tools. To facilitate this practice, when traders open positions in opposite directions using the same base and settlement currency, we only require margin for the position with the higher value. Consider this example: Bob wants to go long on 5 BTC on Bitget during favorable market conditions. However, due to high volatility, he also wants to go short on 2 BTC to offset the risk of the long position, so that if the price falls, he will not need to settle the entire 5 BTC. When Bob uses Bitget's Coin-M Futures or USDT-M Futures (note that these two positions must use the same settlement currency, such as USDT or BTC), his margin account will only be deducted for the margin required for the long position. This is a special design of the Bitget margin system, aimed at facilitating risk assessments and improving the efficiency of capital utilization. Risk Margin Risk margin is another type of margin requirement that determines the risk of each trader's account. From the example above, we know that Bob has mitigated his delivery obligations through hedging. The actual delivery obligation represents the maximum risk margin level, but it is updated in real time with changes in spot prices and futures values. We are proud to say that Bitget is the only cryptocurrency derivatives trading platform that uses this complex mechanism to better guard against liquidation risks. Conclusion Margin trading is more popular in less volatile markets, such as the international forex market. However, it is also applicable to cryptocurrency derivatives trading, helping more investors enter the cryptocurrency market. The essence of margin trading in cryptocurrency derivatives futures remains the same and has the following pros and cons: Pros: Traders can significantly enhance their profit levels with a small amount of investment capital. Bitget can offer up to 125x leverage, greatly magnifying potential returns. Ultimately, traders are able to open multiple positions at reasonable costs, achieving portfolio diversification. Pros: Margin trading is particularly suitable for experienced traders who spend considerable time in the market. Investors with good forecasting skills and a deep understanding of the cryptocurrency landscape can achieve considerable profits from margin trading. Margin trading does not allow you to own the cryptocurrency assets but allows you to gain from price differentials, whether profits or losses. Therefore, the main goal of this strategy is to benefit from price changes without actually bearing the risk of owning the assets. Cons: The biggest issue with margin trading is the increased trading risk, where the losses incurred can significantly exceed the trader's initial margin. In a highly volatile market like cryptocurrencies, traders must be aware that price fluctuations could lead to substantial losses. Related articles What Are Futures? How To Make Your First Futures Trade How to Avoid Liquidation A Comprehensive Introduction to USDT-M Futures, USDC-M Futures, and Coin-M Futures Key Futures Trading Terms and Their Application Scenarios Introduction to Futures Order Types

Understanding Spot Bitcoin ETFs: A Beginner's Guide

Spot Bitcoin Exchange-Traded Funds (ETFs) debuted in the US in January 2024 and have stirred conversations across the financial landscape since then, but how do these financial instruments operate? Here’s an easy-to-understand breakdown. What Makes Spot Bitcoin ETFs Unique? What sets the approval of spot Bitcoin ETFs apart is the tangible involvement of actual Bitcoin. The biggest difference between a futures Bitcoin ETF and a spot Bitcoin ETF is the ownership of assets: a spot ETF engages in the purchases and management activities of actual Bitcoin, while a futures ETF simply provides investors with exposure to Bitcoin futures contracts on CME. Each type has its pros and cons, and just like how spot and futures markets for all assets have and will still coexist for diversification and hedging purposes, we expect futures ETFs to be hanging around to satisfy different risk appetites as well as investment needs. Hence, the traditionally conservative institutional investors will now have a streamlined avenue to add Bitcoin exposure directly through spot ETFs. This shift may further legitimize Bitcoin as an asset class and enhance its acceptance among mainstream financial institutions. How Do Spot Bitcoin ETFs Operate? Seed Fund The journey of a Bitcoin ETF starts with a fixed amount of Bitcoin, known as a seed fund, which must be approved by the SEC (U.S. Securities and Exchange Commission). Bitcoin ETF Share Value A spot ETF holds Bitcoin directly, and its share value is directly linked to the spot price of Bitcoin, not the supply and demand of the shares. The ETF Provider, the Investor, and the Market Maker The three key parties in any ETF are the ETF provider, the investor, and the market maker. Currently, most spot bitcoin ETF trading occurs directly between investors. However, in situations where the market is unbalanced, market makers can either create new shares or buy them back to maintain market equilibrium, regardless of their immediate access to physical shares or funds. For instance, should Alice wish to acquire ten shares but face a shortage in supply, a market maker intervenes by generating ten shares for sale to Alice. Subsequently, when Bob decides to offload his ten shares, the market maker allocates Alice's payment to Bob, thus ensuring liquidity and aligning the ETF’s price with Bitcoin's market price through share adjustments. For the investors (Alice and Bob), the execution of their orders appears instantaneous. On the part of the ETF provider, it's crucial to maintain enough Bitcoin reserves to comply with SEC regulations. They have to purchase or sale of Bitcoin for their funds within 24-48 hours (T+1/T+2) post-receipt of the trading order. This process is known as the ETF flow, with inflows indicating investments into the fund and outflows indicating share redemptions or withdrawals. While the basics are covered above, it's important to note that the operation of these ETFs is affected by a wide range of factors, including market dynamics, regulatory frameworks, and risk management strategies. Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

Why You Need to Start Investing Early: A Guide for Beginners

TL;DR - Investing is making your money work for you and grow, while saving is parking your money in a safe and easily accessible place. - Investing early allows you to: + Combat against inflation + Enjoy greater benefits from compounding interests + Build a safety net and have less financial stress + Make more mistakes with less consequences When we are busy with the hustle and bustle of our daily lives, the concept of investing might seem like a distant realm reserved for financial experts in sharp suits. However, let's take a moment to picture this: imagine two friends, Alice and Bob, both navigating the winding road of adulthood. Now, let's fast forward a few decades. Alice, having wisely invested early in her life, is now savoring the simple joys of retirement, sipping her favorite brew on a beach. Not only does she have the financial independence to enjoy these moments, but she also finds joy in supporting her grandchildren as they go to college. On the flip side, there's Bob. Despite a life of hard work, he didn't start investing early. Now, as the years have gone by, he's still working even when most people his age are enjoying their retirement. For Bob, retirement age is just a number on paper; the idea of being financially independent feels like a dream that keeps slipping away. This scenario isn't just a narrative; it encapsulates a stark reality. The decision to start investing early can have a profound impact on one's financial well-being, especially later on. In this article, we discuss the significance of planting the seeds of investment in the fertile ground of youth and explore the tangible benefits that unfold over time. Understanding Investment What is Investing? Basically, investing is a strategic way to make your money work for you. It's not just about stashing cash under the mattress or keeping it in a savings account; it's about putting your money into vehicles that have the potential to grow over time. Think of it as planting seeds today to reap a more abundant harvest tomorrow. Saving vs. Investing Now, you might wonder: what is the difference between saving and investing? Saving is like tucking away money for a rainy day in a safe, easily accessible place. It's essential for short-term goals or emergencies. Meanwhile, investing is about seeking growth. In essence, saving is parking your money in one place, and investing is sending it on a mission to grow. Why You Need to Start Investing Early Inflation and the Need for Growth There's a silent force called inflation that can quietly erode the purchasing power of our hard-earned money. Picture it like this: the cost of your favorite cup of coffee today might not be the same a few years down the road. Inflation is the sneaky culprit responsible for this rise in prices over time. Now, let's talk about combating this financial nemesis. Enter investing, our trusty shield against the erosive effects of inflation. Unlike stashing cash under the mattress, investing allows your money to grow, aiming not just to keep pace with inflation but to outpace it. Sending your money to savings accounts usually does not help combat inflation as the interest rate is oftentimes lower than inflation rate. Thus, it can be said that investing helps your money stay ahead of the ever-increasing prices and preserve your purchasing power. The Power of Compounding / Compound Interest Compounding is like a financial snowball effect, where your money earns interest not just on the initial amount you put in but also on the interest it accumulates over time. It's the classic case of making money from your money's earnings. Picture it like this: you plant a small seed in your financial garden, and as it grows, it produces not just one, but a multitude of seeds. Imagine you invest $1,000, and it earns an annual interest rate of 5%. In the first year, you'd earn $50 in interest, bringing your total to $1,050. Now, here's where the magic happens. In the second year, you're not just earning 5% on your initial $1,000; you're earning 5% on the $1,050. This cycle continues, and with each passing year, the interest earns interest, compounding your returns. Now, here's the golden nugget: the earlier you start, the more time your money has to dance to the compounding tune. Let's compare two scenarios. If you start investing at 25 years old with $1000 as your initial investment, assuming an annual interest rate of 5%, your money has 40 years to compound before you turn 65. At 65, the $1000 would become approximately $3,869.68. If you wait until 35, you've got only 30 years. Let’s assume you also start with $1000 as your initial investment and the annual interest rate is 5%, you would only have roughly $2,427.56, less than two-thirds of the amount you would possess if you start investing at 25. As you can see, an extra decade makes a colossal difference. This example vividly demonstrates that the earlier you start, the more time your money has to benefit from compounding, which will ultimately result in a substantial difference in the value of your investments. It's a testament to the invaluable asset of time in compounding. Reducing Financial Stress and Building a Safety Net Life can throw unexpected curveballs our way, from a sudden car repair to unforeseen medical expenses. This is where the importance of building a financial safety net comes into play, and early investing is like constructing a sturdy fortress. By starting to invest early, you're laying the foundation for a robust financial safety net. It's not just about growing your money; it's about having a cushion to soften the blows of life's uncertainties. Imagine having the peace of mind that comes with knowing you have a financial safety net to fall back on when huge unexpected expenses arise. Moreover, investing early contributes to reducing financial stress. It's like having a reliable companion on your financial journey. Instead of worrying about every financial hiccup, you can navigate through life's twists and turns with greater confidence, knowing that your investments are there to support you. Learning Early and Taking More Risks Starting on the journey of investing early isn't just about numbers; it's a learning experience that shapes your ability to make good judgments regarding your finances. Think of it as learning to ride a bike—the earlier you start, the more falls you can afford to take, the better you become. Starting early allows for the luxury of learning from mistakes without dire consequences. It's a financial playground where taking risks is not just allowed; it's encouraged. Why? Because at a younger age, you have time on your side and less responsibilities to recover from any missteps. Taking risks now can pave the way for higher returns in the long run, turning financial lessons into valuable assets. Conclusion In this article, we've delved into the concept of investing and demystified its essence for beginners. We have also discussed four reasons why investing early is important to your financial well-being. Now you are ready to step into the practical "how" with our beginner-friendly guide on how to embark on your investment journey with ease and confidence. Read the full article for an easy introduction to investing. Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

Bitget Research: Hong Kong’s New Crypto Regulation Comes into Effect, Market Lacks Upward Momentum

the past 24 hours, there have been many new popular tokens and topics emerging in the market, and perhaps they could be the next market spotlight. In Summary: 1.Popular Tokens: ZBIT (Token) — ZBIT is the token of BTC MACHINE, which is building its own ecosystem around BTC including several NFT projects. It has a loyal fan base. Currently, the token has reached 8819 holders, ranking it amongst the top in the market. Over the past 24 hours, there have been 5931 transfers, an on-chain trading volume of US$40,000, and a market cap of US$2.22 million. FERC (Token) — FairERC20 can be viewed as a BRC-20 replica project on Ethereum, with a main selling point of performing fair launches on Ethereum in a fair manner. The token has 2773 holders, a 24-hour trading volume of US$5.97 million, and a market cap of US$2.2 million, indicating a good level of popularity. LOVE (Token) — A memecoin with a unique whitelist mechanism, innovative hype strategy, and extreme popularity. Promoted by influencer @M4573RCH, the whitelisting is secured by sending 0 ETH to his address. Non-airdrop users must have at least one LOVE token to engage in trading, requiring airdrop users to send LOVE tokens to non-airdrop users for trading to occur. Because its airdrop quantity was so high, it attracted many bonus hunters, continuously draining its market liquidity. Moreover, the large LP staking rewards have led the token price to spiral down after launch. Currently, the market cap of the token is US$10 million, with liquidity of US$2.57 million and a 24-hour trading volume of US$2.81 million. CHOW (Token) — A memecoin themed around the Chow Chow dog breed. Two days after the quiet launch, the project suddenly experienced a 14x surge in the early hours of today. The project team is focusing on creating a Chinese concept memecoin. The 24-hour trading volume is US$12 million, with a market cap of US$9.08 million. LOYAL (Token) — Loyalty Labs is a memecoin project which was launched with a large liquidity pool. After a quick pump at the start of its launch, it’s currently in a fluctuation phase with small price swings. On the first day of its launch, the market cap has already reached US$48.35 million, with the liquidity pool reaching US$9.01 million. RFD (Token) — A memecoin issued by Blurr, one of the top ten whales on Debank, with anti-rug pull meme characteristics. Despite the project’s token experiencing significant pullback recently, its Twitter operations maintain good continuity. The token currently has a 24-hour trading volume of US$12.61 million and a total market cap of US$21.74 million. ONLINE (Token) — Onlinebase is creating a money-making project on blockchain, featuring DeFi characteristics. The token currently has a market cap of US$4.22 million and a 24-hour trading volume of US$3.67 million. GETH (Token) — LayerZero has cross-chained Geth on the Georli testnet to the EVM ecosystem. Cross-chain swap transactions can be completed through the ETH Goerli Bridge. Holders of the Goerli testnet tokens can participate in interacting with testnet projects. Recent interactions with various testnets and airdrop expectations have led to an increase in demand for GETH. 2.Popular NFTs: Cobee.Combo (NFT) — This is a meme NFT with attributes. The project was launched in April and currently has 120,000 holders. The number of transactions has significantly increased in the past 24 hours, reaching 250 in one hour. Relation Medal Build Base (NFT) — This project aims to create a social network SBT for Web3 relationships, using every readable, understandable, and programmable SBT to represent proof of friendship, affiliation, membership qualifications, and commitment on the blockchain. The project has a high minting popularity, with 62,000 holders. VV — A Film by Zora (NFT) — A film NFT created by the famous NFT influencer Jack Butcher. The selling price on Zora is 0.0089 ETH, and over 13,000 users have participated in the Mint. Another NFT project of his has surged in the secondary market after the Free Mint, showing a solid wealth effect. The community has high expectations for the future performance of this project, which is currently receiving a lot of attention. Tabi Artifact Chest (NFT) — An NFT chest released by Tabi, containing treasures. Users can open the chest after completing the related tasks. Tabi is an NFT trading market on BSC, and the chests it released can be likened to a vampire attack. The chest is non-tradable. The current number of unique holders of the project is 114,816. 3.Popular DApps: Circle (DApp) — As of May 30, Circle has sold all the US Treasury bonds in its USDC reserve portfolio. According to the Circle Reserve Fund website, the US$24 billion assets managed by the fund are all held in the form of overnight repurchase agreements. Based on Circle’s monthly certification report, this is a significant change since the end of April when the fund held more than $30 billion in US Treasury bonds. The last US Treasury bond held by the fund, valued at $4 billion, matured on Tuesday. Tabi Artifact Chest NFT Mint Contract (DApp) — This project positions itself as an NFT trading platform built on BSC. It announced on May 11 that it has completed a US$10 million financing round, with investors including Animoca Brands, Binance Labs, Draper Dragon, Hashkey Capital, Infinity Crypto Ventures, and Youbi Capital. On May 29, it launched a community reward program where users can earn SBT and other rewards for completing tasks, leading to an increase in the activity level. Galxe (DApp) — A Web3 task platform, Galxe initiated new promotion tasks for the week, including a private fundraising event with Lend Finance, a limit order promotion with Open Ocean, the 7th-anniversary event of Imtoken, and a trading competition with Orbiter Finance. Thanks to the high quality of the collaborative projects, the UAW has seen an increase of more than 100%. Lens (DApp) — Lens Protocol Profile, a leading on-chain social platform, is rumored to launch its token and conduct an airdrop to users in June. However, this news has not been confirmed. As a result, there has been an increase in NFT trading activity on the platform. Users are advised to stay tuned for updates on its ecosystem projects such as Phaver, Lenster, and Orb. Layerswap (DApp) — This platform supports users in transferring assets across EVM chains such as Arbitrum, OP, Zksync, Starknet, and Polygon. It also enables transfers from CEX accounts to Polygon and provides compensation for Matic gas fees. The project boasts a high level of community interaction and a solid user base, making it an essential project to stay updated on. WOOFi (DApp) — A decentralized exchange launched by WOO X. It provides users with the best unilateral passive income and the most powerful cross-chain exchange function. Its main modules include Swap, Earn, Stake, and an order book-style decentralized exchange. The project’s most recent audit was in October 2022. According to DeFiLlama data, the current total TVL of WOOFi is US$20.33 million, mainly formed by the staking of WOO tokens. Blur (DApp) — On May 31, BLUR platform traded a total of 10,700 ETH, with OpenSea trading 2541 ETH and OpenSea Pro 431 ETH. The NFT market has recently maintained a relatively low trading volume, with a significant reduction in the Blur platform’s trading volume. The price of the BLUR token today is close to the previous low and is experiencing a weak rebound. Manifold (DApp) — A creator platform that allows artists to create NFTs using componentized product releases for smart contracts. It is also a platform for users to mint NFTs. The project has a strong partnership with the Foundation NFT platform. Manifold maintains high daily activity due to its NFT minting feature. Trader Joe (DApp) — After launching and implementing the concentrated liquidity feature on Arbitrum, the protocol’s popularity has increased, and the token price has risen from its bottom by up to 3x. Currently, the protocol’s total TVL has reached US$108 million, and Joe v2’s TVL is growing at a fast pace. Chronos (DApp) — A ve (3,3) model DEX on the Arbitrum chain, with a rapidly increasing TVL since launch, currently at US$99 million as the popularity has decreased. The main focus is on earning profits through mining. The platform’s token has a 24-hour trading volume of US$3.58 million. Splinterlands (DApp) — The project is a card game built on Hive and Wax, where players can trade, purchase or sell digital assets within the game to receive rewards. The project received $3.6 million in funding from investors such as Animoca, Blockchain Founders Fund, and Enjin on July 28, 2021. The game’s activity has consistently remained among the top ranks of various chains, with no remarkable promotions recently. World ID Multi Airdrop (DApp) — Earlier news reported that Tools for Humanity, the company behind the cryptocurrency project Worldcoin co-founded by OpenAI CEO Sam Altman, announced the completion of a US$115 million Series C financing round, led by Blockchain Capital. Informed sources understand that Worldcoin may complete its TGE in Q4 of this year or Q1 of next year, and it is currently in the personal information collection stage. At present, nearly 1.7 million users have registered on the World App, with over 6.3 million websites, mobile apps, and crypto DApp logins authenticated through World ID. It has facilitated over 690,000 transfer transactions and recently announced its move from Polygon to Optimism for further development. Gelato (DApp) — Gelato Network is a protocol focused on automating Ethereum smart contracts. Essentially, it’s an execution-layer infrastructure and a powerful tool for Web3 developers, aiming to build a large and perfect smart contract robot system. When certain preset conditions are triggered (both on-chain and off-chain), the system captures the signal and automatically executes the corresponding operations of the smart contract as required. The token GEL has shown no significant fluctuations recently. It is essential to observe this project. 4.Twitter Hot Topics: OP (Token) — In a Twitter post on May 15, the Optimism team announced that the network will upgrade to Bedrock on June 6, with a downtime of 2 to 4 hours. Bedrock reduces transaction costs by using optimized batch compression and Ethereum as a data availability layer and shortens the delay time for including L1 transactions in Rollup by handling L1 reorganizations more gracefully. Prior to the upgrade, over 386 million OP tokens are scheduled to unlock on May 31, more than twice the total circulating supply, which is expected to put pressure on the token price. EDU (DApp) — Open Campus will launch a free Genesis NFT mint on the BNB Chain, divided into Golden Backpacks and Silver Notebooks, with a total of 1333 Golden Backpacks and 5333 Silver Notebooks. The minting list will be closed on June 3, and unclaimed and undistributed NFTs will be kept in the treasury for future collaborations/gifts. 5.Regional Trending Searches: Hong Kong (Event) — The Securities and Futures Commission of Hong Kong (SFC) has issued a circular regarding new licensing arrangements designed specifically for virtual asset trading platforms. The transition arrangements aim to cater to those providing virtual asset services in Hong Kong before June 1, 2023. The Hong Kong Virtual Assets Consortium (HKVAC) has been officially established and will launch a virtual asset index and exchange ratings. The implementation of Hong Kong’s cryptocurrency policies is long-term positive news for the cryptocurrency market, but be aware that there may be short-term speculation risks in related sectors. Shiba (Token) — The token’s price has been fluctuating severely, leading to high levels of community discussion. Certik recently announced that Shiba’s security rating has returned to AAA, indicating a very positive development for Shiba. The Layer 2 network Shibarium is continually updating product developments, presenting potential hype opportunities at any moment. It is essential to stay updated on this token. Main Body Written by: Bitget Research Data collection time: June 1, 10:30 Data sources: Dune, DApps, Twitter, Google Note: 1) New active users: Refers to wallet addresses that were newly created on the chain in the past 24 hours and had interactions on the chain. 2) Existing active users: Refers to wallet addresses that were created on the chain 24 hours ago and had interactions on the chain in the past 24 hours. 3) DApp daily activity (UAW: unique active wallets) 4) TGE (Token Generation Event) 1.BTC Profile — BRC-20 ZBIT (Token) — ZBIT is the token of BTC MACHINE (https://twitter.com/btcordinal), which is building its own ecosystem around BTC including several NFT projects. It has a loyal fan base. Currently, the token has reached 8819 holders, ranking it amongst the top in the market. Over the past 24 hours, there have been 5931 transfers, an on-chain trading volume of US$40,000, and a market cap of US$2.22 million. 2.Blockchain Profile — ETH Chain 2.1 User Profile 2.1.1 Core Data Total active users of ETH: 434,875 New active users of ETH: 78,622, with a daily increase of 6.42% Existing active users of ETH: 356,253, with a daily decrease of 5.67% 2.1.2 New User Profile Core data: There were a total of 78,622 new active users on ETH yesterday, with a daily increase of 6.42% Popular Sectors Popular Projects Key Projects: Circle (DApp) — As of May 30, Circle has sold all the US Treasury bonds in its USDC reserve portfolio. According to the Circle Reserve Fund website, the US$24 billion assets managed by the fund are all held in the form of overnight repurchase agreements. Based on Circle’s monthly certification report, this is a significant change since the end of April when the fund held more than $30 billion in US Treasury bonds. The last US Treasury bond held by the fund, valued at $4 billion, matured on Tuesday. 2.1.3 Existing User Profile Core data: The number of ETH active existing users is 356,253, with a daily decrease of 5.67% Popular Sectors Popular Projects Key Projects: FERC (Token) — FairERC20 can be viewed as a BRC-20 replica project on Ethereum, with a main selling point of performing fair launches on Ethereum in a fair manner. The token has 2773 holders, a 24-hour trading volume of US$5.97 million, and a market cap of US$2.2 million, indicating a good level of popularity. https://www.erc20.cash/ LOVE (Token) — A memecoin with a unique whitelist mechanism, innovative hype strategy, and extreme popularity. Promoted by influencer @M4573RCH, the whitelisting is secured by sending 0 ETH to his address. Non-airdrop users must have at least one LOVE token to engage in trading, requiring airdrop users to send LOVE tokens to non-airdrop users for trading to occur. Because its airdrop quantity was so high, it attracted many bonus hunters, continuously draining its market liquidity. Moreover, the large LP staking rewards have led the token price to spiral down after launch. Currently, the market cap of the token is US$10 million, with liquidity of US$2.57 million and a 24-hour trading volume of US$2.81 million. 2.2 Popular Trading Pairs 2.2.1 Uniswap V2 CHOW (Token) — A memecoin themed around the Chow Chow dog breed. Two days after the quiet launch, the project suddenly experienced a 14x surge in the early hours of today. The project team is focusing on creating a Chinese concept memecoin. The 24-hour trading volume is US$12 million, with a market cap of US$9.08 million. https://www.dextools.io/app/en/ether/pair-explorer/0x0387e56b85e6dbac5586c74cfd089f03922cf3de 2.2.2 Uniswap V3 LOYAL (Token) — Loyalty Labs is a memecoin project which was launched with a large liquidity pool. After a quick pump at the start of its launch, it’s currently in a fluctuation phase with small price swings. On the first day of its launch, the market cap has already reached US$48.35 million, with the liquidity pool reaching US$9.01 million. RFD (Token) — A memecoin issued by Blurr, one of the top ten whales on Debank, with anti-rug pull meme characteristics. Despite the project’s token experiencing significant pullback recently, its Twitter operations maintain good continuity. The token currently has a 24-hour trading volume of US$12.61 million and a total market cap of US$21.74 million. 3.Blockchain Profile — BSC Chain 3.1 User Profile 3.1.1 Core Data Total active users on BSC: 1,560,531 New active users on BSC: 245,047, with a daily increase of 6.82% Existing active users on BSC: 1,315,484, with a daily increase of 2.14% 3.1.2 New User Profile Core data: There were a total of 245,047 new active users on BSC yesterday, with a daily increase of 6.82% Popular Sectors Popular Projects Key Projects: Tabi Artifact Chest NFT Mint Contract (DApp) — This project positions itself as an NFT trading platform built on BSC. It announced on May 11 that it has completed a US$10 million financing round, with investors including Animoca Brands, Binance Labs, Draper Dragon, Hashkey Capital, Infinity Crypto Ventures, and Youbi Capital. On May 29, it launched a community reward program where users can earn SBT and other rewards for completing tasks, leading to an increase in the activity level. Cobee.Combo (NFT) — This is a meme NFT with attributes. The project was launched in April and currently has 120,000 holders. The number of transactions has significantly increased in the past 24 hours, reaching 250 in one hour. https://opensea.io/collection/cobee-combo 3.1.3 Existing User Profile Core data: The number of BSC active existing users is 1,315,484, with a daily increase of 2.14% Popular Sectors Popular Projects Key Projects: Galxe (DApp) — A Web3 task platform, Galxe initiated new promotion tasks for the week, including a private fundraising event with Lend Finance, a limit order promotion with Open Ocean, the 7th-anniversary event of Imtoken, and a trading competition with Orbiter Finance. Thanks to the high quality of the collaborative projects, the UAW has seen an increase of more than 100%. 3.2 Popular Trading Pairs 3.2.1 PancakeSwap V2 ONLINE (Token) — Onlinebase is creating a money-making project on blockchain, featuring DeFi characteristics. The token currently has a market cap of US$4.22 million and a 24-hour trading volume of US$3.67 million. 4.Blockchain Profile — Polygon Chain 4.1 User Profile 4.1.1 Core Data Total active users on Polygon: 460,486 New active users on Polygon: 122,753, with a daily decrease of 6.45% Existing active users on Polygon: 337,733, with a daily decrease of 5.31% 4.1.2 New User Profile Core data: There were a total of 122,753 new active users on Polygon yesterday, with a daily decrease of 6.45% Popular Sectors Popular Projects Key Projects: Relation Medal Build Base (NFT) — This project (https://twitter.com/relationlabs) aims to create a social network SBT for Web3 relationships, using every readable, understandable, and programmable SBT to represent proof of friendship, affiliation, membership qualifications, and commitment on the blockchain. The project has a high minting popularity, with 62,000 holders. 4.1.3 Existing User Profile Core Data: The number of Polygon active existing users is 337,733, with a daily decrease of 5.31% Popular Sectors Popular Projects Key Projects: Lens (DApp) — Lens Protocol Profile, a leading on-chain social platform, is rumored to launch its token and conduct an airdrop to users in June. However, this news has not been confirmed. As a result, there has been an increase in NFT trading activity on the platform. Users are advised to stay tuned for updates on its ecosystem projects such as Phaver, Lenster, and Orb. 4.2 Popular Trading Pairs 4.2.1 Uniswap V3 The top trading pairs on Polygon continue to be dominated by MATIC, stablecoins, and mainstream tokens. 5.Blockchain Profile — Arbitrum Chain 5.1 User Profile 5.1.1 Core Data Arbitrum Active Users: 239,213 Arbitrum New Active Users: 62,957, with a daily decrease of 41.85% Arbitrum Existing Active Users: 176,256, with a daily decrease of 22.11% 5.1.2 New User Profile Core data: There were a total of 62,957 new active users on Arbitrum yesterday, with a daily decrease of 41.85% Popular Sectors Popular Projects Key Projects: Layerswap (DApp) — This platform supports users in transferring assets across EVM chains such as Arbitrum, OP, Zksync, Starknet, and Polygon. It also enables transfers from CEX accounts to Polygon and provides compensation for Matic gas fees. The project boasts a high level of community interaction and a solid user base, making it an essential project to stay updated on. 5.1.3 Existing User Profile Core data: The number of Arbitrum active existing users is 176,256, with a daily decrease of 22.11% Popular Sectors Popular Projects Key Projects: Layerzero (DApp) — A cross-chain protocol that allows DApps deployed on different chains to communicate with each other without the need for any intermediate chain or consensus mechanism. It has recently started collaborating closely with Canto. Projects in the Canto ecosystem can complete asset transfers to the EVM ecosystem, which is a significant benefit to the Canto ecosystem. 5.2 Popular Trading Pairs 5.2.1 Uniswap V3 GETH (Token) — LayerZero has cross-chained Geth on the Georli testnet to the EVM ecosystem. Cross-chain swap transactions can be completed through the ETH Goerli Bridge. Holders of the Goerli testnet tokens can participate in interacting with testnet projects. Recent interactions with various testnets and airdrop expectations have led to an increase in demand for GETH. 6.DApp Ecosystem — All Chains Sweat Economy (DApp) — This is a traditional Web2 project that has transitioned to a Web3 wallet and “Move to Earn” project. It recently announced a partnership with Near Protocol and will operate on Near. It will initially use FastAuth, a Web3 entry-level product developed by Near. On June 1, it announced significant updates regarding its tokenomics, stating that users who are inactive for more than 60 days will not receive SWEAT. WOOFi (DApp) — A decentralized exchange launched by WOO X. It provides users with the best unilateral passive income and the most powerful cross-chain exchange function. Its main modules include Swap, Earn, Stake, and an order book-style decentralized exchange. The project’s most recent audit was in October 2022. According to DeFiLlama data, the current total TVL of WOOFi is US$20.33 million, mainly formed by the staking of WOO tokens. 7.DApp Ecosystem — ETH Chain Blur (DApp) — On May 31, BLUR platform traded a total of 10,700 ETH, with OpenSea trading 2541 ETH and OpenSea Pro 431 ETH. The NFT market has recently maintained a relatively low trading volume, with a significant reduction in the Blur platform’s trading volume. The price of the BLUR token today is close to the previous low and is experiencing a weak rebound. Manifold (DApp) — A creator platform that allows artists to create NFTs using componentized product releases for smart contracts. It is also a platform for users to mint NFTs. The project has a strong partnership with the Foundation NFT platform. Manifold maintains high daily activity due to its NFT minting feature. 8.DApp Ecosystem — BSC Chain Trader Joe (DApp) — After launching and implementing the concentrated liquidity feature on Arbitrum, the protocol’s popularity has increased, and the token price has risen from its bottom by up to 3x. Currently, the protocol’s total TVL has reached US$108 million, and Joe v2’s TVL is growing at a fast pace. 9.DApp Ecosystem — Polygon Chain Philand (Token) — A social task platform based on ENS and on-chain/off-chain wallet activity, providing a visualization of on-chain identity. Today, it carries out Polygon Quests promotion, including cross-chain bridge, transactions, spending gas, and contract deployment. 10.DApp Ecosystem — WAX Chain Neftyblocks (DApp) — An NFT trading platform on the WAX blockchain. According to data from third-party data websites, the platform’s traffic ranks behind SuperRare and LooksRare in the NFT space, with more popularity in the European and American regions. 11.DApp Ecosystem — Solana Chain Chingari (DApp) — An Indian SocialFi project. Its original Web2 product was dubbed the “Indian TikTok”. Its token, GARI, went through a joint IEO during the TGE. It once had significant popularity in India, but the token price and popularity gradually decreased with the onset of the bear market. 12.DApp Ecosystem — Arbitrum Chain Chronos (DApp) — A ve (3,3) model DEX on the Arbitrum chain, with a rapidly increasing TVL since launch, currently at US$99 million as the popularity has decreased. The main focus is on earning profits through mining. The platform’s token has a 24-hour trading volume of US$3.58 million. 13.DApp Ecosystem — GameFi Sector Across All Chains Splinterlands (DApp) — The project is a card game built on Hive and Wax, where players can trade, purchase or sell digital assets within the game to receive rewards. The project received $3.6 million in funding from investors such as Animoca, Blockchain Founders Fund, and Enjin on July 28, 2021. The game’s activity has consistently remained among the top ranks of various chains, with no remarkable promotions recently. 14.Gas Fee Consumption — ETH Chain VV — A Film by Zora (NFT) — A film NFT created by the famous NFT influencer Jack Butcher. The selling price on Zora is 0.0089 ETH, and over 13,000 users have participated in the Mint. Another NFT project of his has surged in the secondary market after the Free Mint, showing a solid wealth effect. The community has high expectations for the future performance of this project, which is currently receiving a lot of attention. https://zora.co/collect/0x5ec5a9b979a7fd4835a7ce9bdf3090209ec0fc8a/1 15.Gas Fee Consumption — BSC Chain Tabi Artifact Chest (NFT) — An NFT chest released by Tabi, containing treasures. Users can open the chest after completing the related tasks. Tabi is an NFT trading market on BSC, and the chests it released can be likened to a vampire attack. The chest is non-tradable. The current number of unique holders of the project is 114,816. https://opensea.io/collection/tabi-artifact-chest 16.Gas Fee Consumption — Polygon Chain World ID Multi Airdrop (DApp) — Earlier news reported that Tools for Humanity, the company behind the cryptocurrency project Worldcoin co-founded by OpenAI CEO Sam Altman, announced the completion of a US$115 million Series C financing round, led by Blockchain Capital. Informed sources understand that Worldcoin may complete its TGE in Q4 of this year or Q1 of next year, and it is currently in the personal information collection stage. At present, nearly 1.7 million users have registered on the World App, with over 6.3 million websites, mobile apps, and crypto DApp logins authenticated through World ID. It has facilitated over 690,000 transfer transactions and recently announced its move from Polygon to Optimism for further development. Cointool (DApp) — A tool that can be used to batch mint XEN has seen a significant increase in usage lately due to the continuous promotions of XEN. The gas fees generated by the tool are primarily used for minting XEN. 17.Gas Fee Consumption — Arbitrum Chain Gelato (DApp) — Gelato Network is a protocol focused on automating Ethereum smart contracts. Essentially, it’s an execution-layer infrastructure and a powerful tool for Web3 developers, aiming to build a large and perfect smart contract robot system. When certain preset conditions are triggered (both on-chain and off-chain), the system captures the signal and automatically executes the corresponding operations of the smart contract as required. The token GEL has shown no significant fluctuations recently. It is essential to observe this project. 18.Twitter Trends Token Top 20 OP (Token) — In a Twitter post on May 15, the Optimism team announced that the network will upgrade to Bedrock on June 6, with a downtime of 2 to 4 hours. Bedrock reduces transaction costs by using optimized batch compression and Ethereum as a data availability layer and shortens the delay time for including L1 transactions in Rollup by handling L1 reorganizations more gracefully. Prior to the upgrade, over 386 million OP tokens are scheduled to unlock on May 31, more than twice the total circulating supply, which is expected to put pressure on the token price. EDU (DApp) — Open Campus will launch a free Genesis NFT mint on the BNB Chain, divided into Golden Backpacks and Silver Notebooks, with a total of 1333 Golden Backpacks and 5333 Silver Notebooks. The minting list will be closed on June 3, and unclaimed and undistributed NFTs will be kept in the treasury for future collaborations/gifts. 19.Google Trends — Global Hong Kong (Event) — The Securities and Futures Commission of Hong Kong (SFC) has issued a circular regarding new licensing arrangements designed specifically for virtual asset trading platforms. The transition arrangements aim to cater to those providing virtual asset services in Hong Kong before June 1, 2023. The Hong Kong Virtual Assets Consortium (HKVAC) has been officially established and will launch a virtual asset index and exchange ratings. The implementation of Hong Kong’s cryptocurrency policies is long-term positive news for the cryptocurrency market, but be aware that there may be short-term speculation risks in related sectors. Shiba (Token) — The token’s price has been fluctuating severely, leading to high levels of community discussion. Certik recently announced that Shiba’s security rating has returned to AAA, indicating a very positive development for Shiba. The Layer 2 network Shibarium is continually updating product developments, presenting potential hype opportunities at any moment. It is essential to stay updated on this token. 20.Google Trends Surge — East Asia, South Asia, Southeast Asia, Hong Kong, Macau, and Taiwan a) South Asia Region India Trending Tokens: BTC, BOB, MetaForce, GFAL Pakistan Trending Keywords: BTC, ETH b) Southeast Asia Region Indonesia Trending Keywords: BTC, Dompet Malaysia Trending Keywords: FTX, AVAX, CMC Vietnam Trending Keywords: Cryptonews, CryptoBubble Philippines Trending Tokens: Satoshi, UNI, OKB c) East Asia and Hong Kong, Macau, and Taiwan Trending Tokens: IVS 21.Google Trends Surge — English-speaking Countries, Europe, CIS Region a) CIS Region Trending Keywords: Luna, 1inch, Crypto News, Dune b) English-speaking Countries Australia Trending Tokens: BTC, OP, ETH, HEX UK Trending Tokens: ADA, HEX, CFX USA Trending Tokens: ONFO, MAGIC, GTA, Minswap Canada Trending Tokens: ETH, Phantom c) Europe Spain Trending Tokens: CFX, ADA, FTM, BTC, MATIC, HEX France Trending Tokens: BEN, YON, XMR, Worldcoin, Balancer Germany Trending Tokens: DOGE, AVAX, MICA, XRP Italy Trending Tokens: Nexus, Optimsim Poland Trending Tokens: Airdrop, SHIB, XRP, ATOM, UNI, HIS Switzerland Trending Tokens: Shib, XRP Turkey Trending Tokens and Keywords: ETH, GPT, AI, GPT, Fire 22.Google Trends Surge — Middle East, Latin America, Africa a) Africa Trending Keywords: Faucet, Shib, AVAX, VALR b) Middle East Trending Keywords: Pepe, Crypto Batter, Crypto Bubbles, Crypto Desk c) Latin America Brazil Trending Tokens: Wibx, Free Bitcoin, BOMB, Shiba, UNI Argentina Trending Keywords: Crypto Mexico Trending Keywords: Genesis Crypto

Bitget Research: Macro Uncertainty Leads to Market Downturn, BTC Tests $26,000 Support Level

the past 24 hours, there have been many new popular tokens and topics emerging in the market, and perhaps they could be the next market spotlight. In Summary: 1.Popular Tokens: SHANG (Token) — Named after Shanghai Inu, SHANG is a memecoin representing a futuristic cyborg hybrid dog. It possesses AI services, Liquid Staking, NFT, and P2E features. After experiencing a 5x increase yesterday, it is currently fluctuating at a high level. Its 24-hour trading volume is US$6 million, with a market cap of US$4 million. WAGMI (Token) — Originated from the phrase commonly seen on the internet, “we are gonna make it.” Vitalik Buterin was spotted wearing a T-shirt with this phrase at the Montenegro Conference not long ago. The token continued to fall after intense hype and has been consolidating at the bottom for several days. It experienced a rebound yesterday, doubling in value. Its 24-hour trading volume is US$5 million, with a market cap of US$8.3 million. BEN (Token) — A meme project initiated by Ben.eth, later acquired by the staking platform owner, Ben Armstrong. The token recently benefited from PSYOP’s pump, reaching an all-time high. Its market cap is nearing US$100 million, with a 24-hour trading volume of US$33 million. MRF (Token) — A memecoin related to the message “MR F WAS HERE” in the first block after the Ethereum Beacon Chain was launched in 2020. Created by MR F, the creator of the block, this token is known for its large initial liquidity pool. Upon launch, it experienced substantial hype, with a high market cap reaching US$45 million. Currently, the price has seen a significant decrease, with the market cap reduced to US$6.3 million and a 24-hour trading volume of US$23 million. AiONE (Token) — A platform for AI as a Service (AIaaS) that has raised US$3 million in private funding. Its financing information has been published on the U.today website and on Twitter. The website appears to be quite professionally done, and there’s already a usable product. The on-chain transactions in the past 24 hours have reached 34,900, with a trading volume of US$1.28 million. There are no apparent risks in the contract. AI PEPE KING (Token) — A PEPE replica on Polygon chain, launched through an airdrop, with a 24-hour trading volume of $4,900. Due to the airdrop on the Polygon network, the cost of interaction is relatively low. On-chain data indicate relatively high activity, but the actual popularity is moderate. SHAKA (DApp) — A new meme project on Arbi. The contract has trading pause and blacklist functions. The project was launched via an airdrop, and blue-chip token holders from ecosystems like Arb, Magic, and GMX can claim the airdrop. The price currently remains high with a 24-hour trading volume of US$1.14 million and a market cap of US$1.46 million. DMT (Token) — This newly launched NFT retro game is experiencing high market popularity. As a new project with no additional sell-off pressure, it has imposed a 25% sales tax. The token’s price increased substantially in the early stages of hype, but with the project team’s cancellation of the sell tax, significant price fluctuations have occurred. The 24-hour trading volume is US$1.46 million, with a market cap of US$13.39 million. GMD (Token) — This is a DeFi protocol on Arb. Its launchpad platform had two successful projects consecutively, with high price increases. One of them is the recently incubated project by the project team, Ghast, a leverage protocol. The token price shows a strong upward trend, bringing additional leveraged mining income to the protocol. As a result, the token’s value was discovered by the market, with the price increasing by 50% in the past two days, and a 24-hour trading volume of US$1.03 million. 2.Popular NFTs: RSTLSS (NFT) — A project team enabling wearable gear for the future, primarily involved in Web3, Gaming, and Social sectors. Today, they released a collaborative NFT with RSTLSS and Claire Silver, totaling 1470 items. Currently, there are 1000 unique holders, with a floor price of 0.162 ETH, and the total trading volume is 9 ETH. Draftkings (NFT) — A gaming and sports betting website. The US Golf PGA Tour has recently started, and users can purchase corresponding passes to enjoy corresponding benefits. The on-chain minting is very hot and the project previously created NFT passes for football. 3.Popular DApps: Coinbase (DApp) — The contract of the Coinbase wallet currently ranked among the top interactions for new users on the Ethereum network, indicating a significant number of on-chain active users. Recently, Coinbase’s subsidiary Layer2 network, Base, released its mainnet roadmap, signaling preparations for the launch of the mainnet. The release criteria include proving the stability of the testnet, successful upgrade of Bedrock, and completion of internal reviews and external audits. It’s important to note that Base does not plan to issue a token. After the generation of the genesis block of the mainnet, the Genesis Window will open for developers to deploy DApps on the Base mainnet. Given Coinbase’s exchange users, it is anticipated that Base L2 will attract a decent potential user base. Uniswap (DApp) — The contract of the Uniswap router stands at the forefront of all DEXs on Ethereum, far exceeding 1inch, Metamask, and 0X by several times. Due to the prevalence of MEV Bot, aggregator routes are prone to be targeted by MEV Bot for arbitrage. It’s easier for old users to avoid sandwich attacks by trading directly through Uniswap. TinyTap (DApp) — A decentralized education platform supported by Animoca Brands. Established in 2012, TinyTap is a tech startup based in Tel Aviv, Israel that focuses on user-generated content (UGC). It is among the top 10 highest-grossing children’s mobile apps on the App Store and Google Play. Yesterday, the project team initiated an AMA and is about to launch NFTs and other products. There is certain hype around EDU in the market, and it has risen against the trend by 7% in the past 24 hours, with a trading volume of US$120 million. Layerzero (DApp) — A cross-chain protocol that allows DApps deployed on different chains to communicate with each other without the need for any intermediate chain or consensus mechanism. Last week, the project announced a $15 million bug bounty program in collaboration with Immunefi. Recently, rumors in the community suggested that LayerZero had taken a snapshot for airdrop, but this was later denied by the official team. The daily on-chain interactions hit a historic high in May, with over 285,000 transfers in a single day, showing a high level of activity. Socket (DApp) — A multi-chain application. Its main product is the Bungee cross-chain aggregator, which has been activated in May to test the network. The project has been very well received by the market. Its user-friendly gas rebate has garnered positive feedback in the community. Lens (DApp) — Lens Protocol Profile, a leading on-chain social platform, is rumored to launch its token and conduct an airdrop to users in June. However, this news has not been confirmed. As a result, there has been an increase in NFT trading activity on the platform. Users are advised to stay tuned for updates on its ecosystem projects such as Phaver, Lenster, and Orb. WOOFi (DApp) — A decentralized exchange launched by WOO X. It provides users with the best unilateral passive income and the most powerful cross-chain exchange function. Its main modules include Swap, Earn, Stake, and an order book-style decentralized exchange. The project’s most recent audit was in October 2022. According to DeFiLlama data, the current total TVL of WOOFi is US$20.33 million, mainly formed by the staking of WOO tokens. MetaMask Swap (DApp) — The activity level of the DEX trading aggregator built into MetaMask continues to rise. Benefiting from a large user base, the number of unique addresses conducting transactions on MetaMask has reached 1.742 million, with a total of 15.75 million interactions. The estimated total revenue is US$207 million, with this week’s revenue at US$383,000. One World Nation (DApp) — This is a global gaming platform, notable for its flagship game, Crypto Fantasy. This fantasy crypto portfolio game allows players to earn stablecoin rewards using NFTs called Cryptonites, which are based on real-world cryptocurrencies like BTC, ETH, BNB, SOL, and others. Each token has a limited Genesis NFT collection, which players can breed to create additional NFTs. These NFTs can be freely traded on the platform’s market or loaned to other players for daily passive income. In Crypto Fantasy, players can create a five-person team, which includes power-boosting knights and guards. The game allows players to rank based on the performance of their fantasy crypto portfolio in real matches, thereby becoming masters of the volatile crypto market. The platform also offers other games such as predictions, lottery rewards, and slots, where players can win up to US$3500 in USDC daily. Gelato (DApp) — Gelato Network is a protocol focused on automating Ethereum smart contracts. Essentially, it’s an execution-layer infrastructure and a powerful tool for Web3 developers, aiming to build a large and perfect smart contract robot system. When certain preset conditions are triggered (both on-chain and off-chain), the system captures the signal and automatically executes the corresponding operations of the smart contract as required. The token GEL has shown no significant fluctuations recently. It is essential to observe this project. 4.Twitter Hot Topics: UMEE (Token) — UMEE is a protocol that prioritizes compilable and secure blockchain lending. The project’s token, UMEE, is currently promoting its Liquid Staking feature, and Stride has launched staking services for this token, offering a staking annual percentage yield (APY) of up to 17.5%. UMEE increased by 5.63% today, with a total market trading volume of $690,000, indicating moderate popularity. 5.Regional Trending Searches: ARPA (Token) — The project is in the phase of development. It recently completed the building of a random number generator. After the first phase of the testnet, it optimized the network, fixed bugs, and conducted tests on the second phase of the testnet. Currently, the ARPA BLS-TSS network interacts with Ethereum Sepolia 200,000 times a day. The mainnet will be launched soon. There is a strong willingness to speculate on the project, with the ARPA token rising 30% in 24 hours, and the total market trading volume reaching a staggering $680 million in 24 hours. The community’s enthusiasm for speculation is very high. ADA (Token) — ADA is currently promoting SPO-Poll’s launch on the mainnet, which can help ADA achieve more open and transparent community bid governance. The proposal has garnered significant attention from the ADA community and was retweeted by the Cardano Foundation, making it one of the most important recent events in the ADA ecosystem. Main Body Written by: Bitget Research Data collection time: May 25, 10:30 Data sources: Dune, DApps, Twitter, Google Note: 1) New active users: Refers to wallet addresses that were newly created on the chain in the past 24 hours and had interactions on the chain. 2) Existing active users: Refers to wallet addresses that were created on the chain 24 hours ago and had interactions on the chain in the past 24 hours. 3) DApp daily activity (UAW: unique active wallets) 4) TGE (Token Generation Event) 1.Blockchain Profile — ETH Chain 1.1 User Profile 1.1.1 Core Data Total active users of ETH: 394,346 New active users of ETH: 70,962, with a daily decrease of 3.74% Existing active users of ETH: 323,384, with a daily decrease of 0.40% 1.1.2 New User Profile Core data: There were a total of 70,962 new active users on ETH yesterday, with a daily decrease of 3.74% Popular Sectors Popular Projects Key Projects: Coinbase (DApp) — The contract of the Coinbase wallet currently ranked among the top interactions for new users on the Ethereum network, indicating a significant number of on-chain active users. Recently, Coinbase’s subsidiary Layer2 network, Base, released its mainnet roadmap, signaling preparations for the launch of the mainnet. The release criteria include proving the stability of the testnet, successful upgrade of Bedrock, and completion of internal reviews and external audits. It’s important to note that Base does not plan to issue a token. After the generation of the genesis block of the mainnet, the Genesis Window will open for developers to deploy DApps on the Base mainnet. Given Coinbase’s exchange users, it is anticipated that Base L2 will attract a decent potential user base. 1.1.3 Existing User Profile Core data: The number of ETH active existing users is 323,384, with a daily decrease of 0.40% Popular Sectors Popular Projects Key Projects: Uniswap (DApp) — The contract of the Uniswap router stands at the forefront of all DEXs on Ethereum, far exceeding 1inch, Metamask, and 0X by several times. Due to the prevalence of MEV Bot, aggregator routes are prone to be targeted by MEV Bot for arbitrage. It’s easier for old users to avoid sandwich attacks by trading directly through Uniswap. 1.2 Popular Trading Pairs 1.2.1 Uniswap V2 SHANG (Token) — Named after Shanghai Inu, SHANG is a memecoin representing a futuristic cyborg hybrid dog. It possesses AI services, Liquid Staking, NFT, and P2E features. After experiencing a 5x increase yesterday, it is currently fluctuating at a high level. Its 24-hour trading volume is US$6 million, with a market cap of US$4 million. https://www.dextools.io/app/en/ether/pair-explorer/0xf0d417fc9fb2f1b6efe51b39db7ed60117dcd2e6 SAMO (Token) — After SAMO in the Solana ecosystem exploded yesterday, many imitations with the same name appeared on other chains. These tokens carry high risks, and investors should be cautious. WAGMI (Token) — Originated from the phrase commonly seen on the internet, “we are gonna make it.” Vitalik Buterin was spotted wearing a T-shirt with this phrase at the Montenegro Conference not long ago. The token continued to fall after intense hype and has been consolidating at the bottom for several days. It experienced a rebound yesterday, doubling in value. Its 24-hour trading volume is US$5 million, with a market cap of US$8.3 million. https://www.dextools.io/app/en/ether/pair-explorer/0xd6c2af244dd56db3c9d276808eda8b5fb040007b 1.2.2 Uniswap V3 BEN (Token) — A meme project initiated by Ben.eth, later acquired by the staking platform owner, Ben Armstrong. The token recently benefited from PSYOP’s pump, reaching an all-time high. Its market cap is nearing US$100 million, with a 24-hour trading volume of US$33 million. https://www.dextools.io/app/en/ether/pair-explorer/0xdce93ed9ae7c53143e19cf799d156b72d1cc2777 MRF (Token) — A memecoin related to the message “MR F WAS HERE” in the first block after the Ethereum Beacon Chain was launched in 2020. Created by MR F, the creator of the block, this token is known for its large initial liquidity pool. Upon launch, it experienced substantial hype, with a high market cap reaching US$45 million. Currently, the price has seen a significant decrease, with the market cap reduced to US$6.3 million and a 24-hour trading volume of US$23 million. https://www.dextools.io/app/en/ether/pair-explorer/0xdb1d1c9a42e3d10717c415bd06853ea7ae818823 2.Blockchain Profile — BSC Chain 2.1 User Profile 2.1.1 Core Data Total active users on BSC: 1,416,857 New active users on BSC: 195,513, with a daily decrease of 5.18% Existing active users on BSC: 1,221,344, with a daily decrease of 3.42% 2.1.2 New User Profile Core data: There were a total of 195,513 new active users on BSC yesterday, with a daily decrease of 5.18% Popular Sectors Popular Projects Key Projects: TinyTap (DApp) — A decentralized education platform supported by Animoca Brands. Established in 2012, TinyTap is a tech startup based in Tel Aviv, Israel that focuses on user-generated content (UGC). It is among the top 10 highest-grossing children’s mobile apps on the App Store and Google Play. Yesterday, the project team initiated an AMA and is about to launch NFTs and other products. There is certain hype around EDU in the market, and it has risen against the trend by 7% in the past 24 hours, with a trading volume of US$120 million. 2.1.3 Existing User Profile Core data: The number of BSC active existing users is 1,221,344, with a daily decrease of 3.42% Popular Sectors Popular Projects Key Projects: Layerzero (DApp) — A cross-chain protocol that allows DApps deployed on different chains to communicate with each other without the need for any intermediate chain or consensus mechanism. Last week, the project announced a $15 million bug bounty program in collaboration with Immunefi. Recently, rumors in the community suggested that LayerZero had taken a snapshot for airdrop, but this was later denied by the official team. The daily on-chain interactions hit a historic high in May, with over 285,000 transfers in a single day, showing a high level of activity. 2.2 Popular Trading Pairs 2.2.1 PancakeSwap V2 AiONE (Token) — A platform for AI as a Service (AIaaS) that has raised US$3 million in private funding. Its financing information has been published on the U.today website and on Twitter. The website appears to be quite professionally done, and there’s already a usable product. The on-chain transactions in the past 24 hours have reached 34,900, with a trading volume of US$1.28 million. There are no apparent risks in the contract. On BSC, there are numerous fake tokens with identical names, posing a risk. These include popular ones like SAMO, PEPE, and NOMAD. Caution is advised. 3.Blockchain Profile — Polygon Chain 3.1 User Profile 3.1.1 Core Data Total active users on Polygon: 463,537 New active users on Polygon: 133,008, with a daily increase of 6.43% Existing active users on Polygon: 330,529, with a daily increase of 2.44% 3.1.2 New User Profile Core data: There were a total of 133,008 new active users on Polygon yesterday, with a daily increase of 6.43% Popular Sectors Popular Projects Key Projects: Socket (DApp) — A multi-chain application. Its main product is the Bungee cross-chain aggregator, which has been activated in May to test the network. The project has been very well received by the market. Its user-friendly gas rebate has garnered positive feedback in the community. AI PEPE KING (Token) — A PEPE replica on Polygon chain, launched through an airdrop, with a 24-hour trading volume of $4,900. Due to the airdrop on the Polygon network, the cost of interaction is relatively low. On-chain data indicate relatively high activity, but the actual popularity is moderate. 3.1.3 Existing User Profile Core Data: The number of Polygon active existing users is 330,529, with a daily increase of 2.44% Popular Sectors Popular Projects Key Projects: Lens (DApp) — Lens Protocol Profile, a leading on-chain social platform, is rumored to launch its token and conduct an airdrop to users in June. However, this news has not been confirmed. As a result, there has been an increase in NFT trading activity on the platform. Users are advised to stay tuned for updates on its ecosystem projects such as Phaver, Lenster, and Orb. 3.2 Popular Trading Pairs 3.2.1 Uniswap V3 The main trading volume of Uni V3 on the Polygon network is contributed by mainstream tokens, with virtually no altcoins. 4.Blockchain Profile — Arbitrum Chain 4.1 User Profile 4.1.1 Core Data Arbitrum Active Users: 223,095 Arbitrum New Active Users: 44,737, with a daily decrease of 4.04% Arbitrum Existing Active Users: 178,358, with a daily decrease of 4.99% 4.1.2 New User Profile Core data: There were a total of 44,737 new active users on Arbitrum yesterday, with a daily decrease of 4.04% Popular Sectors Popular Projects Key Projects: Dabidou (NFT) — This is a meme project on Arbitrum, and its NFTs have been removed from Opensea. Tokens can be acquired by interacting with virtual crypto giants within the project, but overall popularity is average. 4.1.3 Existing User Profile Core data: The number of Arbitrum active existing users is 178,358, with a daily decrease of 4.99% Popular Sectors Popular Projects Key Projects: SHAKA (DApp) — A new meme project on Arbi. The contract has trading pause and blacklist functions. The project was launched via an airdrop, and blue-chip token holders from ecosystems like Arb, Magic, and GMX can claim the airdrop. The price currently remains high with a 24-hour trading volume of US$1.14 million and a market cap of US$1.46 million. https://www.dextools.io/app/en/arbitrum/pair-explorer/0x765d9715986327422fb0308e6e75d06adfcc3b0f 4.2 Popular Trading Pairs 4.2.1 Uniswap V3 DMT (Token) — This newly launched NFT retro game is experiencing high market popularity. As a new project with no additional sell-off pressure, it has imposed a 25% sales tax. The token’s price increased substantially in the early stages of hype, but with the project team’s cancellation of the sell tax, significant price fluctuations have occurred. The 24-hour trading volume is US$1.46 million, with a market cap of US$13.39 million. GMD (Token) — This is a DeFi protocol on Arb. Its launchpad platform had two successful projects consecutively, with high price increases. One of them is the recently incubated project by the project team, Ghast, a leverage protocol. The token price shows a strong upward trend, bringing additional leveraged mining income to the protocol. As a result, the token’s value was discovered by the market, with the price increasing by 50% in the past two days, and a 24-hour trading volume of US$1.03 million. 5.DApp Ecosystem — All Chains SLM Games (DApp) — A crypto-based gambling platform that spans multiple chains, including BTC and ETH. There are currently six types of games, and the project has 513 followers on Twitter. SLM joined the OKX chain on April 18th. It had frequent promotions in May, but overall popularity is average. WOOFi (DApp) — A decentralized exchange launched by WOO X. It provides users with the best unilateral passive income and the most powerful cross-chain exchange function. Its main modules include Swap, Earn, Stake, and an order book-style decentralized exchange. The project’s most recent audit was in October 2022. According to DeFiLlama data, the current total TVL of WOOFi is US$20.33 million, mainly formed by the staking of WOO tokens. 6.DApp Ecosystem — ETH Chain MetaMask Swap (DApp) — The activity level of the DEX trading aggregator built into MetaMask continues to rise. Benefiting from a large user base, the number of unique addresses conducting transactions on MetaMask has reached 1.742 million, with a total of 15.75 million interactions. The estimated total revenue is US$207 million, with this week’s revenue at US$383,000. 7.DApp Ecosystem — BSC Chain Meta Merge (DApp) — This is a collectible-type AIGC game on BSC, closely related to UltiverseDAO. It has 60,000 followers on Twitter, including 26 influencers. The project is very active on Twitter with frequent promotions. 8.DApp Ecosystem — Polygon Chain One World Nation (DApp) — This is a global gaming platform, notable for its flagship game, Crypto Fantasy. This fantasy crypto portfolio game allows players to earn stablecoin rewards using NFTs called Cryptonites, which are based on real-world cryptocurrencies like BTC, ETH, BNB, SOL, and others. Each token has a limited Genesis NFT collection, which players can breed to create additional NFTs. These NFTs can be freely traded on the platform’s market or loaned to other players for daily passive income. In Crypto Fantasy, players can create a five-person team, which includes power-boosting knights and guards. The game allows players to rank based on the performance of their fantasy crypto portfolio in real matches, thereby becoming masters of the volatile crypto market. The platform also offers other games such as predictions, lottery rewards, and slots, where players can win up to US$3500 in USDC daily. 9.DApp Ecosystem — WAX Chain Alcor.exchange (DApp) — It provides the fastest and cheapest transactions for EOS, WAX, TELOS, and PROTON. The project launched the Alcor Swap V2 version on April 24th and has significant popularity in the EOS and WAX ecosystems. 10.DApp Ecosystem — Solana Chain Orca (DApp) — A decentralized exchange built on Solana. It launched a new product on May 5 and has been running promotions frequently. However, the overall UWA data is low. Its future development is highly linked with the Solana ecosystem. 11.DApp Ecosystem — Arbitrum Chain ODOS (DApp) — A DEX aggregator that supports one-click token swapping. Recently, it has been expanding rapidly on Arbitrum, and it has partnered with Camelot, as well as VE (3,3) Dex ChronosFi, and integrated with their platform. Odos has aggregated most of the DEX pools on Arbi to find the best prices, resulting in high activity on the Arbitrum chain. 12.DApp Ecosystem — GameFi Sector Across All Chains Pixels Game (DApp) — Pixels is a pixel-style, interactive Web3 farming game. In the game, players can use memecoins like PEPE to purchase fertilizer. Recently, several in-game parties were held in collaboration with other projects, stimulating daily activity. 13.Gas Fee Consumption — ETH Chain RSTLSS (NFT) — A project team enabling wearable gear for the future, primarily involved in Web3, Gaming, and Social sectors. Today, they released a collaborative NFT with RSTLSS and Claire Silver, totaling 1470 items. Currently, there are 1000 unique holders, with a floor price of 0.162 ETH, and the total trading volume is 9 ETH. https://opensea.io/collection/rstlss-claire-silver 14.Gas Fee Consumption — BSC Chain Link3 (DApp) — The protocol behind this product, CyberConnect, announced the launch of its native token CYBER. CyberConnect raised $5.4 million through its token sale on CoinList. A total of 532,000 users from 112 countries registered, and 11,540 participants participated in the token sale. Stargate (DApp) — Twitter user zhouzhou tweeted that there seems to be a bug in the Stargate cross-chain bridge, which a certain whale is exploiting to earn $1000 — $2000 with each cross-chain transaction. However, later on, smart contract developer 0xlittledevil tweeted that this user’s behavior is actually in line with the Stargate protocol and is helping with pool rebalancing. 15.Gas Fee Consumption — Polygon Chain Draftkings (NFT) — A gaming and sports betting website. The US Golf PGA Tour has recently started, and users can purchase corresponding passes to enjoy corresponding benefits. The on-chain minting is very hot and the project previously created NFT passes for football. https://opensea.io/collection/draftkings-2022-reignmakers-football-field-pass 16.Gas Fee Consumption — Arbitrum Chain Gelato (DApp) — Gelato Network is a protocol focused on automating Ethereum smart contracts. Essentially, it’s an execution-layer infrastructure and a powerful tool for Web3 developers, aiming to build a large and perfect smart contract robot system. When certain preset conditions are triggered (both on-chain and off-chain), the system captures the signal and automatically executes the corresponding operations of the smart contract as required. The token GEL has shown no significant fluctuations recently. It is essential to observe this project. 17.Twitter Trends Token Top 20 UMEE (Token) — UMEE is a protocol that prioritizes compilable and secure blockchain lending. The project’s token, UMEE, is currently promoting its Liquid Staking feature, and Stride has launched staking services for this token, offering a staking annual percentage yield (APY) of up to 17.5%. UMEE increased by 5.63% today, with a total market trading volume of $690,000, indicating moderate popularity. 18.Google Trends — Global ARPA (Token) — The project is in the phase of development. It recently completed the building of a random number generator. After the first phase of the testnet, it optimized the network, fixed bugs, and conducted tests on the second phase of the testnet. Currently, the ARPA BLS-TSS network interacts with Ethereum Sepolia 200,000 times a day. The mainnet will be launched soon. There is a strong willingness to speculate on the project, with the ARPA token rising 30% in 24 hours, and the total market trading volume reaching a staggering $680 million in 24 hours. The community’s enthusiasm for speculation is very high. https://www.bitget.com/en/spot/ARPAUSDT_SPBL?type=spot ADA (Token) — ADA is currently promoting SPO-Poll’s launch on the mainnet, which can help ADA achieve more open and transparent community bid governance. The proposal has garnered significant attention from the ADA community and was retweeted by the Cardano Foundation, making it one of the most important recent events in the ADA ecosystem. 19.Google Trends Surge — East Asia, South Asia, Southeast Asia, Hong Kong, Macau, and Taiwan a) South Asia Region India Trending Tokens: BOB, ARPA, ADA, BTC Pakistan Trending Keywords: FOMC, Airdrop, Coindesk b) Southeast Asia Region Indonesia Trending Keywords: Faucet, Bob, Dogecoin Malaysia Trending Keywords: CoinGecko Thailand Trending Keywords: Cryptonews Philippines Trending Tokens: Holy c) East Asia and Hong Kong, Macau, and Taiwan Trending Tokens: XDC, GPT 20.Google Trends Surge — English-speaking Countries, Europe, CIS Region a) CIS Region Trending Keywords: Xen, Dune, CryptoNews, CMC b) English-speaking Countries Canada Trending Tokens: Polygon, Sandbox, ORCA UK Trending Tokens: ADA, Gala, Ladys, SBF USA Trending Tokens: ARPA, Tenet, PYR Australia Trending Tokens: LHINU, ARPA, QNT, WAVES, DOGE, XEN, SAND, BONE c) Europe Spain Trending Tokens: ARPA, HEX, PI, BTC France Trending Tokens: FTM, ICP, ARPA, IOTA Germany Trending Keywords: Opensea, LHINU, Matic, ADA Italy Trending Tokens: ARPA, KAS Poland Trending Tokens: ARPA Switzerland Trending Tokens: Pepe Turkey Trending Tokens and Keywords: DXY, Free ETH, MONG, VBET crypto login 21.Google Trends Surge — Middle East, Latin America, Africa a) Africa Trending Keywords: Etoro, Juno, Valr, Uniswap, XRP b) Middle East Trending Keywords: Uniswap, Rain, CMC, Crypto News c) Latin America Brazil Trending Tokens: Free BTC, ARPA, RADIX, ETH Argentina Trending Keywords: CMC, TradingView Mexico Trending Keywords: Bitcoin

Bitget Research: Hong Kong Likely to Allow Retail Investors to Trade Cryptocurrencies, Boosting the Rise of Hong Kong-Related Tokens

the past 24 hours, there have been many new popular tokens and topics emerging in the market, and perhaps they could be the next market spotlight. In Summary: 1.Popular Tokens: Hong Kong-Related Tokens KEY, CFX, ACH, LINA, and HIGH See Notable Increases (Token) — According to Bloomberg, the Chinese Hong Kong Securities and Futures Commission will hold a press conference at 4:15 PM today regarding the consultation results on the regulatory requirements for virtual asset trading platform operators. Bloomberg anticipates that Hong Kong investors will be able to trade cryptocurrencies such as BTC and ETH under suitable protection measures starting in June. RFD (Token) — REFUND was created by the whale wallet blurr.eth. Several influencers including @Yourpop8 and @stekisteks promoted it on Twitter. Famous ENSs like pennismybitch. eth, 氷の王女.eth, and pepe-frog. eth have bought from the Uniswap pool and added positions in waves, resulting in a relatively distributed ownership. There are no apparent contract risks. Bitget has listed RFD. PSYOP (Token) — A highly popular yet controversial memecoin created by NFT influencer, Ben. 0xScope tweeted that the token distribution of the new memecoin project PSYOP launched by crypto influencer ben.eth is highly centralized, with 93.45% of the token supply held by Ben. Furthermore, Ben.eth may face a class-action lawsuit for alleged wire fraud. Caution is advised when considering engagement. BWLD (Token) — Beta WLD (i.e., Worldcoin beta token) has drawn attention due to the relationship between Worldcoin and OpenAI CEO Sam Altman. It remains high in popularity on the Polygon chain. 0xMT (Token) — Mineable Token uses Bitcoin’s value storage concept. It employs the proof-of-work mechanism, with the reward rate halving in each Reward Era. The aim is to have a fairly distributed token. This is accomplished through contracts on the Arbitrum blockchain. This token has not yet established a liquidity pool. PLOUTΩS (Token) — This is a memecoin with the concept of the ancient Greek god of wealth. Its on-chain data is excellent (14,604 on-chain transactions in the past 24 hours), but the activity level of the social media and community is low and does not match the on-chain trading activity. The deployer directly destroyed 50% of the tokens and 46% of the tokens were added to the locked liquidity pool. The contract shows no apparent risks. GOD (Token) — A memecoin that surged and then plummeted shortly after its TGE. It has fallen by over 80% in the past 24 hours. The token contract has a transaction cooldown function, preventing users from selling tokens within a certain time or number of blocks after purchase. AiONE (Token) — A platform for AI as a Service (AIaaS) that has raised US$3 million in private funding. Its financing information has been published on the U.today website and on Twitter. The website appears to be quite professionally done, and there’s already a usable product. The on-chain transactions in the past 24 hours have reached 32,157, with a trading volume of US$2.31 million. There are no apparent risks in the contract. PepeDubai (Token) — A memecoin derived from PEPE, this token carries a 0% buy tax and a 10% sell tax. There have been 17,387 on-chain transactions amounting to a trading volume of US$1.08M in the past 24 hours. The total liquidity is US$162,890, indicating a risk of dramatic price volatility. 2.Popular NFTs: Loyalty Program (NFT) — The NFTs minted on zkBridge Mainnet Alpha are part of the activity conducted by Polyhedra x Galxe. Users mint the NFT to earn points in anticipation of an airdrop, with over 70,000 people participating in the activity on Galxe. 3.Popular DApps: zkSync (DApp) — zkSync has recently been carrying out joint promotions with Galxe, involving projects and tokens such as XY Finance and Transit. Galxe’s on-chain activities can generally bring higher crypto community traffic to projects and their ecosystems, possibly leading to trading opportunities for the token. zkSync Era’s mainnet was launched a few months ago, and interacting with the DApp might lead to potential airdrop opportunities for zkSync tokens. It is essential to stay updated on this DApp. Pixels Game (DApp) — Pixels is a pixel-style, interactive Web3 farming game. In the game, players can use memecoins like PEPE to purchase fertilizer. Recently, several in-game parties were held in collaboration with other projects, stimulating daily activity. SLM Games (DApp) — This is a cross-chain crypto casino platform built around BTC, ETH, BSC, EOS, WAX, TELOS, ThunderCore, and Solana. By incorporating GameFi, it offers more diversified gameplay for the ecosystem. Gelato (DApp) — Gelato Network is a protocol focused on automating Ethereum smart contracts. Essentially, it’s an execution-layer infrastructure and a powerful tool for Web3 developers, aiming to build a large and perfect smart contract robot system. When certain preset conditions are triggered (both on-chain and off-chain), the system captures the signal and automatically executes the corresponding operations of the smart contract as required. The token GEL has shown no significant fluctuations recently. It is essential to observe this project. ISKRA (DApp) — A blockchain gaming platform built on Klaytn, bringing together gamers and game studios with a continuous increase in daily active users. The platform allows gamers to explore and enjoy high-quality blockchain games while creating their own communities. Yesterday, the announcement of Normain Metaland conducting an INO on the platform garnered significant community attention on social media. PlaybuxQuest (DApp) — Playbux is a metaverse project on the Binance Smart Chain that integrates real-world shops (shop-to-earn), DeFi, NFT, and virtual community promotions. Users can explore the blockchain world (such as PancakeSwap, 1inch, NFT marketplace, mini-games, etc.) within Playbux’s metaverse while also experiencing real-world shopping and getting rebates on the platform. The project is currently running an airdrop promotion, and recent on-chain interactions have been promising. 4.Twitter Hot Topics: OVR (Token) — Apple is set to hold an “Apple Park Special Event” on June 5, rumored to be a launch for new AR/VR products. Apple Reality Pro is expected to become one of the most powerful XR headphones. Capitalizing on Apple’s hotspot, the AR project OVR has launched an App Store Giveaway promotion that will take place between May 22 and June 9. The CEO will give a speech at Web3 Live London on June 1. OVR quickly climbed to first place on Coingecko’s Top Trending Cryptocurrencies list, with its price experiencing a more than 150% increase in the past week and a 50% increase in the past 24 hours. 5.Regional Trending Searches: Bitcoin (Token) — The price of Bitcoin remains stable at around $27,000. With the waning popularity of BRC20, Bitcoin lacks new narratives and price catalysts. Simultaneously, given the unstable external environment, traders are waiting for the latest developments on the US debt ceiling impasse. Bitcoin has been relatively stable recently. Main Body Written by: Bitget Research Data collection time: May 23, 10:30 Data sources: Dune, DApps, Twitter, Google Note: 1) New active users: Refers to wallet addresses that were newly created on the chain in the past 24 hours and had interactions on the chain. 2) Existing active users: Refers to wallet addresses that were created on the chain 24 hours ago and had interactions on the chain in the past 24 hours. 3) DApp daily activity (UAW: unique active wallets) 4) TGE (Token Generation Event) 1.Blockchain Profile — ETH Chain 1.1 User Profile 1.1.1 Core Data Total active users of ETH: 391,755 New active users of ETH: 71,547, with a daily decrease of 8.88% Existing active users of ETH: 320,208, with a daily decrease of 4.65% 1.1.2 New User Profile Core data: There were a total of 71,547 new active users on ETH yesterday, with a daily decrease of 8.88% Popular Sectors Popular Projects zkSync (DApp) — zkSync has recently been carrying out joint promotions with Galxe, involving projects and tokens such as XY Finance and Transit. Galxe’s on-chain activities can generally bring higher crypto community traffic to projects and their ecosystems, possibly leading to trading opportunities for the token. zkSync Era’s mainnet was launched a few months ago, and interacting with the DApp might lead to potential airdrop opportunities for zkSync tokens. It is essential to stay updated on this DApp. 1.1.3 Existing User Profile Core data: The number of ETH active existing users is 320,208, with a daily decrease of 4.65% Popular Sectors Popular Projects Following the decline in memecoins, there are still lingering effects. Uniswap maintains its dominance in daily activity on the Ethereum network. 1.2 Popular Trading Pairs 1.2.1 Uniswap V2 PLOUTΩS (Token) — This is a memecoin with the concept of the ancient Greek god of wealth. Its on-chain data is excellent (14,604 on-chain transactions in the past 24 hours), but the activity level of the social media and community is low and does not match the on-chain trading activity. The deployer directly destroyed 50% of the tokens and 46% of the tokens were added to the locked liquidity pool. The contract shows no apparent risks. https://www.dextools.io/app/en/ether/pair-explorer/0x1d4e66b826c8bf8e3c93574386a8dd723b3a912f GOD (Token) — A memecoin that surged and then plummeted shortly after its TGE. It has fallen by over 80% in the past 24 hours. The token contract has a transaction cooldown function, preventing users from selling tokens within a certain time or number of blocks after purchase. https://www.dextools.io/app/en/ether/pair-explorer/0xdb161bb5bea8917d41f858c0763dd27c0ebf7c2a 1.2.2 Uniswap V3 RFD (Token) — REFUND was created by the whale wallet blurr.eth. Several influencers including @Yourpop8 and @stekisteks promoted it on Twitter. Famous ENSs like pennismybitch. eth, 氷の王女.eth, and pepe-frog. eth have bought from the Uniswap pool and added positions in waves, resulting in a relatively distributed ownership. There are no apparent contract risks. Bitget has listed RFD. PSYOP (Token) — A highly popular yet controversial memecoin created by NFT influencer, Ben. 0xScope tweeted that the token distribution of the new memecoin project PSYOP launched by crypto influencer ben.eth is highly centralized, with 93.45% of the token supply held by Ben. Furthermore, Ben.eth may face a class-action lawsuit for alleged wire fraud. Caution is advised when considering engagement. 2.Blockchain Profile — BSC Chain 2.1 User Profile 2.1.1 Core Data Total active users on BSC: 1,542,187 New active users on BSC: 215,427, with a daily increase of 15.99% Existing active users on BSC: 1,326,760, with a daily decrease of 5.37% 2.1.2 New User Profile Core data: There were a total of 215,427 new active users on BSC yesterday, with a daily increase of 15.99% Popular Sectors Popular Projects Loyalty Program (NFT) — The NFTs minted on zkBridge Mainnet Alpha are part of the activity conducted by Polyhedra x Galxe. Users mint the NFT to earn points in anticipation of an airdrop, with over 70,000 people participating in the activity on Galxe. 2.1.3 Existing User Profile Core data: The number of BSC active existing users is 1,326,760, with a daily decrease of 5.37% Popular Sectors Popular Projects PlaybuxQuest (DApp) — Playbux is a metaverse project on the Binance Smart Chain that integrates real-world shops (shop-to-earn), DeFi, NFT, and virtual community promotions. Users can explore the blockchain world (such as PancakeSwap, 1inch, NFT marketplace, mini-games, etc.) within Playbux’s metaverse while also experiencing real-world shopping and getting rebates on the platform. The project is currently running an airdrop promotion, and recent on-chain interactions have been promising. 2.2 Popular Trading Pairs 2.2.1 PancakeSwap V2 AiONE (Token) — A platform for AI as a Service (AIaaS) that has raised US$3 million in private funding. Its financing information has been published on the U.today website and on Twitter. The website appears to be quite professionally done, and there’s already a usable product. The on-chain transactions in the past 24 hours have reached 32,157, with a trading volume of US$2.31 million. There are no apparent risks in the contract. https://www.dextools.io/app/en/bnb/pair-explorer/0x9019e812a436003ad2c515492cffb784937ab2aa PepeDubai (Token) — A memecoin derived from PEPE, this token carries a 0% buy tax and a 10% sell tax. There have been 17,387 on-chain transactions amounting to a trading volume of US$1.08M in the past 24 hours. The total liquidity is US$162,890, indicating a risk of dramatic price volatility. https://www.dextools.io/app/en/bnb/pair-explorer/0x94d84f41adae3972ce9c988c3c6f91b235d54849 3.Blockchain Profile — Polygon Chain 3.1 User Profile 3.1.1 Core Data Total active users on Polygon: 437,806 New active users on Polygon: 116,067, with a daily increase of 1.79% Existing active users on Polygon: 321,739, with a daily decrease of 0.62% 3.1.2 New User Profile Core data: There were a total of 116,067 new active users on Polygon yesterday, with a daily increase of 1.79% Popular Sectors Popular Projects Pixels Game (DApp) — Pixels is a pixel-style, interactive Web3 farming game. In the game, players can use memecoins like PEPE to purchase fertilizer. Recently, several in-game parties were held in collaboration with other projects, stimulating daily activity. 3.1.3 Existing User Profile Core Data: The number of Polygon active existing users is 321,739, with a daily decrease of 0.62% Popular Sectors Popular Projects Stargate (DApp) — Influenced by the expectation of Layerzero’s token issuance, Stargate’s interaction data remains at a high level. On May 1st, it announced that its protocol processed a total trading volume of US$2.3 billion in April, which indicates a significant growth in the protocol data. Most users continue to interact in anticipation of Layerzero’s future token issuance opportunity. Stargate continues to rank highly in terms of daily activity on Polygon. This is mainly due to airdrop hunters. During Layer0 cross-chain interaction processes, the gas costs in the “Polygon — Avalanche, Polygon — FTM, BNB — Polygon” cross-chains are relatively lower, boosting Stargate’s UAW data on Polygon. 3.2 Popular Trading Pairs 3.2.1 Uniswap V3 The top trading pairs on Polygon continue to be dominated by MATIC, stablecoins, and mainstream tokens. 4.Blockchain Profile — Arbitrum Chain 4.1 User Profile 4.1.1 Core Data Arbitrum Active Users: 196,383 Arbitrum New Active Users: 44,873, with a daily increase of 14.94% Arbitrum Existing Active Users: 151,510, with a daily increase of 6.10% 4.1.2 New User Profile Core data: There were a total of 44,873 new active users on Arbitrum yesterday, with a daily increase of 14.94% Popular Sectors Popular Projects 0xMT (Token) — Mineable Token uses Bitcoin’s value storage concept. It employs the proof-of-work mechanism, with the reward rate halving in each Reward Era. The aim is to have a fairly distributed token. This is accomplished through contracts on the Arbitrum blockchain. This token has not yet established a liquidity pool. https://0xmt.com/ 4.1.3 Existing User Profile Core data: The number of Arbitrum active existing users is 151,510, with a daily increase of 6.10% Popular Sectors Popular Projects ODOS (DApp) — A DEX aggregator that supports one-click token swapping. Recently, it has been expanding rapidly on Arbitrum, and it has partnered with Camelot, as well as VE (3,3) Dex ChronosFi, and integrated with their platform. Odos has aggregated most of the DEX pools on Arbi to find the best prices, resulting in high activity on the Arbitrum chain. 4.2 Popular Trading Pairs 4.2.1 Uniswap V3 GETH (Token) — LayerZero has cross-chained Geth on the Georli testnet to the EVM ecosystem. Cross-chain swap transactions can be completed through the ETH Goerli Bridge. Holders of the Goerli testnet tokens can participate in interacting with testnet projects. Recent interactions with various testnets and airdrop expectations have led to an increase in demand for GETH. 5.DApp Ecosystem — All Chains ISKRA (DApp) — A blockchain gaming platform built on Klaytn, bringing together gamers and game studios with a continuous increase in daily active users. The platform allows gamers to explore and enjoy high-quality blockchain games while creating their own communities. Yesterday, the announcement of Normain Metaland conducting an INO on the platform garnered significant community attention on social media. SLM Games (DApp) — This is a cross-chain crypto casino platform built around BTC, ETH, BSC, EOS, WAX, TELOS, ThunderCore, and Solana. By incorporating GameFi, it offers more diversified gameplay for the ecosystem. 6.DApp Ecosystem — ETH Chain The top DApps on the Ethereum network are mainly centered around on-chain trading, including Uniswap, MetaMask Swap, 1inch, and others. 7.DApp Ecosystem — BSC Chain TinyTap (DApp) — The first participant of the Open Campus (EDU) project, which will be launched on Binance Launchpad. It is a decentralized education platform supported by Animoca Brands. It has recently been promoting its operational roadmap and project status on social media, drawing some attention. The associated token is already available on Bitget. 8.DApp Ecosystem — Polygon Chain Pixels (DApp) was explained earlier in the report. 9.DApp Ecosystem — WAX Chain WAX chain’s UAW fluctuations are within the normal range. 10.DApp Ecosystem — Solana Chain GameTrade Market (DApp) — GameTradeMarket is a platform on the Solana chain dedicated to discovering and trading NFTs within games, with a focus on in-game asset trading. It provides game classification and asset trading functions for all categories of games. The platform currently has numerous ecosystem game collaborations and recently announced partnerships with twakegame, RadicalChess, PolkaFantasy, and other projects. 11.DApp Ecosystem — Arbitrum Chain Stargate (DApp) was explained earlier in the report. 12.DApp Ecosystem — GameFi Sector Across All Chains Iskra was explained earlier in the report. 13.Gas Fee Consumption — ETH Chain Metamask (DApp) — Metamask, which includes a built-in swap feature, remains the preferred choice for many users despite the 0.875% swap fee. This is due to its massive traffic and convenient operations, making it a popular option for cryptocurrency transactions. 14.Gas Fee Consumption — BSC Chain Tomcat Inu (Token) — A Tom and Jerry-themed memecoin, with a liquidity pool of US$110,000 and a daily trading volume of US$634,700. It has increased by 572.69% in the past 24 hours. The contract includes a 10% buy and sell tax. It is essential to stay updated on this token and exercise caution. https://www.dextools.io/app/cn/bnb/pair-explorer/0x83346ff56d8169b1a1dbfecef660921c14396fee 15.Gas Fee Consumption — Polygon Chain BWLD (Token) — Beta WLD (i.e., Worldcoin beta token) has drawn attention due to the relationship between Worldcoin and OpenAI CEO Sam Altman. It remains high in popularity on the Polygon chain. 16.Gas Fee Consumption — Arbitrum Chain Gelato Network (DApp) — An Ethereum robot network, capable of automatically executing any smart contracts for users on Ethereum and other blockchains. The Gelato Network is primarily focused on the automation of smart contracts and is generally used for executing limit orders. 17.Twitter Trends Token Top 20 OVR (Token) — Apple is set to hold an “Apple Park Special Event” on June 5, rumored to be a launch for new AR/VR products. Apple Reality Pro is expected to become one of the most powerful XR headphones. Capitalizing on Apple’s hotspot, the AR project OVR has launched an App Store Giveaway promotion that will take place between May 22 and June 9. The CEO will give a speech at Web3 Live London on June 1. OVR quickly climbed to first place on Coingecko’s Top Trending Cryptocurrencies list, with its price experiencing a more than 150% increase in the past week and a 50% increase in the past 24 hours. 18.Google Trends — Global Bitcoin (Token) — The price of Bitcoin remains stable at around $27,000. With the waning popularity of BRC20, Bitcoin lacks new narratives and price catalysts. Simultaneously, given the unstable external environment, traders are waiting for the latest developments on the US debt ceiling impasse. Bitcoin has been relatively stable recently. 19.Google Trends Surge — East Asia, South Asia, Southeast Asia, Hong Kong, Macau, and Taiwan a) South Asia Region India Trending Tokens: gmt Pakistan Trending Keywords: btc to usdt, top 10 crypto exchanges b) Southeast Asia Region Indonesia Trending Keywords: crypto news, poocoin, learn crypto Malaysia Trending Keywords: crypto exchange, bybit, huobi Thailand Trending Keywords: crypto bubbles Philippines Trending Keywords: pi, btc, okb c) East Asia and Hong Kong, Macau, and Taiwan Trending Keywords: crypto news 20.Google Trends Surge — English-speaking Countries, Europe, CIS Region a) CIS Region Trending Keywords: crypto pro, crypto bubbles, dune b) English-speaking Countries Canada Trending Tokens: dot, req, btc, pi, shib UK Trending Tokens: tonic, rndr USA Trending Tokens: jesus, arpa Australia Trending Tokens: floki, easy, ladys, neo, cfx c) Europe Poland Trending Keywords: zonda, ergo, shib, eth Germany Trending Keywords: bit global crypto leaders, crypto shards France Trending Tokens: trx, arpa, bob, ftm, fet Italy Trending Tokens: ada, cfx Turkey Trending Keywords: crypto royal, vbet crypto Spain Trending Tokens: polis, gmx, shib 21.Google Trends Surge — Middle East, Latin America, Africa a) Africa Trending Keywords: crypto market cap, binance, crypto bubbles, hotbit, cex meaning in crypto b) Middle East Trending Keywords: dmcc crypto, bitcoin, coinmarketcap c) Latin America Brazil Trending Tokens: bob, aave Argentina Trending Keywords: coinmarketcap, shiba inu Mexico Trending Keywords: render token crypto

Security and Privacy in Blockchain

In this article, we will learn the fundamental concepts of security and privacy in blockchain, with relatable examples, to facilitate a comprehensive understanding of these essential concepts. Encryption and Hashing: Safeguarding Data with Advanced Techniques Encryption and hashing are two advanced techniques used to maintain data security and integrity on the blockchain. While they often work together, they serve different purposes in protecting information. Encryption John writes a secret letter and puts it in a locked box. Only people with the right key can open the box and read his letter. This is the basic idea behind encryption. In other words, encryption is the process of converting readable data into unreadable format that can only be deciphered with the right key. Encryption safeguards sensitive information from unauthorized access. You can turn unreadable data back into its original form, readable data, in a process called decryption. Hashing To protect her information, Mary uses a unique fingerprint for each document; a slight change would produce a completely different fingerprint. Hashing works in the same way. This technique will take input data and generate a fixed-size string of bytes, or a hash. The hash is a digital fingerprint for the block's data, including transactions, the previous block's hash, and a nonce (a random number). If there is a minor change in the data, the hash will look totally different. Unlike encryption, you cannot turn a hash back into the original data. The information won't be changed or tampered with, so you can ensure its trustworthiness. Now let’s consider a simple example of hashing on the blockchain. There are three friends: Anna, Bob, and Chris. They share their expenses using a ledger. Bob pays Anna $5 for lunch, and this transaction is added to a block with a unique hash of ABC123. Later, Chris pays Bob $10 for a book, creating a new block that includes the previous block’s hash (ABC123) and generates its own unique hash, DEF456. If someone tries to alter the transaction in the ledger, it will change the hash and disrupt the chain. The blockchain network will detect and reject the change to ensure the integrity of the shared ledger. Public Keys vs. Private Keys: Your Key to Secure Transactions Public and private keys play an important role in transaction security and user privacy. These keys work together to create a trustless digital identity for users within the decentralized system. Public keys Everyone has a mailbox at home with a unique address to share with others to send letters or packages. A public key is similar to that mailbox. A public key is an alphanumeric string that you can share with anyone, and they can send you digital assets such as BTC, ETH, USDT, XRP, and DOGE in a secure and private manner. This key is generated through complex mathematical algorithms to encrypt data and verify digital signatures. Example: When you create a Metamask wallet, you are assigned a public key to receive funds from others. Private Keys A private key is a secret and unique alphanumeric string that is closely guarded. It is used as the password to grant access to your digital wallet. For example, to send funds to someone else, you need to sign the transaction using your private key. This action proves that you are the rightful owner of the funds and authorizes the transfer. Be aware that if someone gains access to your private key, they will control over your digital assets. Make sure to secure your private key and cryptocurrency assets. Check out our article if you want to keep your crypto safe on Bitget Wallet: The Future of Cryptocurrency: How to Safely Store Your Crypto: A Beginner's Guide to Bitget Wallet Smart Contracts: The Future of Decentralized Transactions Smart contracts are self-executing digital agreements with terms and conditions embedded directly into lines of code. In essence, smart contracts are stored on the blockchain to enable transparent, secure, and efficient transactions without the involvement of third parties. How do smart contracts work, you may ask? Smart contracts are created using specialized programming languages and deployed on a blockchain network (Solidity for Ethereum or Plutus for Cardano). Once deployed, the smart contract monitors the network for transactions that fulfill the predefined conditions. When these conditions are satisfied, the smart contract executes the specified actions, such as transferring funds. Let’s look at this simple example. Emily wants to rent an apartment. Instead of signing a paper contract, Emily and the landlord agree to use a smart contract on the blockchain. The smart contract contains terms such as the rental amount, rental deposit, and duration of the lease. Once they fulfill the contract's conditions (Emily pays a two-month rental deposit), the smart contract automatically transfers the apartment key to Emily. For more information about smart contracts, refer to What Is the Smart Contract? Will the Computer Code Replace the Law in the Future? Private Transactions: Ensuring Confidentiality and Anonymity In general, blockchains are transparent and open their data to the public. However, some networks offer the option of private transactions to ensure that sensitive details are only accessible to the parties involved. Private transactions use advanced cryptographic techniques to safeguard the details of a transaction. These techniques include zero-knowledge proofs, which enable a party to prove they possess specific information without revealing the information itself; confidential transactions, which encrypt transaction amounts so only the involved parties can view the values; and stealth addresses, which are one-time use addresses generated for each transaction. Some of the well-known platforms that provide private transactions to users are ZCash, Tornado Cash, and Mimblewimble. Example: Lara wants to send 1 BTC to Mark without anyone knowing. She decides to visit Tornado Cash, deposit 1 BTC, and create a secret Note. Lara shares the Note with Mark. He connects his wallet, enters the Note, and provides an address. After that, Mark can withdraw 1 BTC with ease, and their transaction remains secret. Final Thought Grasping the fundamentals of blockchain security and privacy enables a deeper appreciation of this technology's potential. As blockchain continues to evolve, we can expect even more advanced security and privacy features. Disclaimer: All products and projects listed in this article are not endorsements and are provided for informational purposes only.

Bitget Research: Weak Momentum in BTC’s Rise, Shanghai Upgrade Leads LSD to Outperform the Market

the past 24 hours, there have been many new popular tokens and topics emerging in the market, and perhaps they could be the next market spotlight. In Summary: 1.Popular Tokens: XEN (Token) — XEN has seen a 3x increase in price over the past week, currently experiencing a slight pullback with a 24-hour trading volume of $29 million. In an effort to promote deflation for $XEN, the XEN project team recently launched the DBXEN project, which can be obtained by burning XEN. Within just four days, 10.8 billion XEN tokens were burned on the Ethereum blockchain. SOV (Token) Shib Original Vision — SOV experienced significant growth one week after the contract was deployed, with prices remaining high. The liquidity pool is $3.85 million with a 24-hour trading volume of $5.85 million. $SOV represents the original vision of the Shiba Inu token, aiming to correct the corruption behind $SHIB by distributing $SOV fairly and transparently to the real members of the Shiba Inu token community. According to its tokenomics, 80% of the tokens will be airdropped to the Shiba community. Currently, airdrop claims are suspended and will be notified separately upon resumption. PILOT (Token) — PILOT is a decentralized liquidity management platform based on the UNI V3 folk concept. It has benefited from the hype surrounding the expiration of UNI V3’s April market license, seeing an 80% increase in value, with a 24-hour trading volume of $1.2 million. ZERO (Token) — A 0% interest borrowing and lending project designed for LSD. The product will be officially launched in April. Due to the upcoming Shanghai Upgrade, the token has experienced significant hype and has seen nearly a 4x increase from the bottom. It is currently experiencing some pullback, with a trading volume of $1.78 million in the past 24 hours. KAKI (Token) — This is a memecoin that experienced a significant increase in value before the launch of the Shib Layer2 testnet. It has a high level of on-chain trading activity and no significant contract risks. The project team has previously destroyed 90% of the tokens by sending them to a black hole address and has the ability to promote and hype the token. The project has gained significant attention, and the price briefly approached its historical high on April 4th and is currently fluctuating at a high level with a 24-hour trading volume of $1.8 million. SUIBG (Token) SUI Futures Bitget— BitKeep and Bitget jointly launched an airdrop of a futures token called SUIBG (SUIUSDT">SUI Futures Token), which will serve as a credential for the native token SUI after Sui Network mainnet is launched in the future. Users can participate in red packet airdrops, trading rewards, and other activities in their BitKeep wallet or join the SUIBG celebration on the Bitget trading platform to receive SUIBG. According to community users, SUI may hold a public offering on Coinlist on May 2nd. TXAU (Token) — A cryptocurrency backed by real-world gold on a 1:1 basis. According to reports, the market cap of cryptocurrency stablecoins backed by gold has reached $1 billion. Recently, the price of gold has been performing well due to the expectation of risks regarding traditional finance and interest rate pauses, resulting in extreme popularity in the market. ARB (Token) — After the Arbitrum AIP-1 proposal was rejected with a 76.67% opposition rate, the Arbitrum Foundation submitted two new proposals to expand ARB holders’ supervisory and governance powers. The first proposal is to place the remaining 700 million ARB of the foundation into “smart contract-controlled locking,” which will be unlocked within four years. The foundation will not be able to use the tokens until the community members approve the token allocation budget. The second proposal is to modify several governance parameters of the Arbitrum ecosystem. Currently, $ARB is oscillating at $1.1-$1.2 with no significant price fluctuations. PENDLE (Token) — Benefiting from the upcoming Shanghai Upgrade, as a strong performer in the LSDFi space, Pendle’s TVL has exceeded $50 million. In the past two days, KOLs on Twitter have recommended it and large holders have been buying, leading to a strong price trend. Its circulating market cap has reached $50 million and the 24-hour trading volume is $7.9 million. GMX (Token) — Recently, there has been frequent on-chain activity by big whales for GMX. On April 6th, a whale pool bought 60,958 GMX, using 2568 ETH, at an average price of 80 USDT for each token. On March 14th, the same address spent 1851 ETH to buy 41,362 GMX at an average price of 79.2 USDT and also bought 6324 GMX from the Binance exchange. Currently, the address holds 108,644 GMX, and the whale continues to open positions in GMX. It is essential to stay updated on this token. 2.Popular NFTs: Gemesis (NFT) — Gem has been renamed to OpenSea Pro and has airdropped NFTs to users. It is designed specifically for professional NFT users and has a total airdrop of 180,000 “Gemesis” NFTs. Due to a contract bug, the minting limit was reached when there were only 60,000 NFTs yesterday, causing the floor price to surge to 0.07 ETH. However, the developer fixed the issue, and the floor price is now 0.036 ETH. There have been over 75,000 NFTs minted, with a total trading volume of 2915 ETH and 44,167 holders. Tribuzz (NFT) — Tribuzz is an NFT issued by a service provider on Polygon, with an official Twitter account having 22,400 followers. It was recently launched, with a total of 7777 NFTs, a 24-hour trading volume of 95 ETH, and 3708 holders, indicating moderate popularity. Otherside Vessel (NFT) — Metaverse project by Yuga Labs, Otherside, has initiated Koda NFT split and Vessel claiming. Only Otherdeeds holders who own Koda can split the NFT, but all Otherdeeds holders can claim a Vessel NFT. In a short period, it has already seen over 600 ETH in trading volume, indicating high trading activity. 3.Popular DApps: Pancakeswap V3 (DApp) — On April 3, Pancake officially launched the V3 version on both Ethereum and BNB Chain. V3 will introduce four different trading fee levels: 0.01%, 0.05%, 0.25%, and 1%, and will also introduce a feature to improve capital efficiency by allowing liquidity providers to concentrate funds within smaller price ranges. The platform will also launch a “VIP” trading reward plan based on trading volume and a position management feature. The news was retweeted by Binance CEO CZ, and current data from the BSC chain shows that the user interaction is close to that of V2. Hooked (DApp) — Since February, Hooked has held 12 Todamoon events, attracting over 480,000 participants through gamified testing and learning, live streaming experiences, and AI technology. The platform will launch a new event this Friday, and interest remains high. ZED RUN (DApp) — A horse racing game that has already launched, with 67,600 followers on Twitter and 141,000 monthly visits according to Similarweb. The majority of visitors are from the United States (45.7%) and the United Kingdom (34.51%). The game is very popular within its community. Stargate Finance (DApp) — Stargate, developed by the LayerZero Labs team, is a fully composable liquidity transfer protocol that serves as the core of OmniChain DeFi. With Stargate, users and DApps can transfer native assets across 7 chains (with more to come in the future). Due to the Arbi airdrop and LayerZero’s financing, the platform has seen strong user demand, with a TVL of $410 million and a weekly increase of over 8%. Layerzero (DApp) — Recently, LayerZero completed a $120 million Series B funding round at a valuation of $3 billion, with participation from a16z and Sequoia Capital. According to on-chain data, LayerZero has accumulated over 770,000 holders, with active user interaction due to the anticipation of airdrops. OpenSea Pro (DApp) — OpenSea Pro, formerly known as Gem, was acquired by OpenSea in April 2022 and continues to operate as an independent product and brand. On April 5, 2023, OpenSea Pro announced that users who used Gem before March 31, 2023, are eligible to receive Gemesis NFTs, which can be directly minted on OpenSea. The announcement also revealed that Gem would officially be renamed as OpenSea Pro, leading the community to speculate that this is in preparation for future token issuance and signifies the intensification of competition between Blur and OpenSea. Blur (DApp) — On April 5, the Blur platform traded 12,600 ETH, while OpenSea traded 4799 ETH. NFT market trading volume has remained stable lately, but Blur’s performance relative to BTC has been average, with a current price of 0.57 USDT. The short-term price of BLUR continues to fluctuate. On March 29, Blur announced that it would extend the Season 2 bidding pool and double points for listing until May 1, causing dissatisfaction within the community. The release of new products, originally scheduled for April 1, will also be delayed. The future trend of BLUR depends largely on product innovation and community confidence, so it is essential to stay updated on the development of its products. SECONDLIVE (DApp) — SecondLive is a Web3 Metaverse project based on the BSC that focuses on building a virtual social network and supporting creator economy activities. On April 4, it collaborated with BNBChain to launch an Easter egg activity with a total reward of $30,000 BEAN. The user engagement is good, with 385,000 followers on Twitter and over 120 KOLs following the project. TaskON (DApp) — TaskON is a Web3-based task platform with 118,000 Twitter followers, including 80+ KOLs. The platform recently held events with other project teams, such as nuwaxyz, Guesslot, Web3Shot, and BinaryX. According to Similarweb, the official website has a monthly traffic volume of 295,000, with the majority coming from Nigeria, Indonesia, Vietnam, Turkey, and Ukraine. The project has received a good level of attention. GameTrade Market (DApp) — This project is a multi-chain NFT marketplace that focuses on trading in-game assets. On April 3rd, the project announced its participation in Crew3’s gaming guild marathon event, which received over 2500 interactions. They have 10,000 followers on Twitter, with 13 KOLs following. 4.Twitter Hot Topics: DOGE (Token) — The original logo in the top left corner of the Twitter website has been replaced with the Dogecoin logo, leading to expectations of future announcements from Twitter regarding Dogecoin’s empowerment. The surge in DOGE has brought attention to other memecoins in the same category, such as Floki, SHIB, BONK, and others. BONK (Token) — BONK is the first dog-themed token on the Solana chain. With the recent bullish trend of Dogecoin, the token has shown relatively strong performance, with a 20% increase before experiencing a slight pullback. The memecoin market has been quite volatile lately, with high levels of hype, so investors should be aware of the market risks. NOM (Token) Onomy Protocol — The project started its public token sale on December 6th via a joint curve, after completing a $10 million funding round with investors including Bitfinex, GSR, and AVA LABS. The token sale is conducted on the Ethereum chain, with applications deployed on Cosmos. Yesterday, a tweet from the project said “Tick-Tock, DEXs”, hinting that the product may be launching soon. It’s worth keeping an eye on. 5.Regional Trending Searches: XEN (Token) — XEN is a free-minting project launched in November last year. The token performed well last week, with its price increasing 3x in five days, resulting in good wealth effects. The token is available for trading on Bitget. KIN (Token) — KIN is a project by Kin Ecosystem that provides each user with a unique in-game identity, and users can use the DApp to reward other users and create new crypto product experiences. The community traffic is good, and the token has performed well recently. Today it rose 30% before falling back. It is currently available for trading on Bitget. Bob Lee (KOL) — Bob Lee was a former Google software engineer responsible for the development of the Android system’s core APIs. He later founded the well-known mobile payment software Cash App and served as Chief Product Officer of the cryptocurrency startup MobileCoin. Bob Lee was stabbed to death in San Francisco in the early hours of April 4, local time. Main Body Written by: Bitget Research Data collection time: April 6, 10:30 Data sources: Dune, DApps, Twitter, Google Note: 1) New active users: Refers to wallet addresses that were newly created on the chain in the past 24 hours and had interactions on the chain. 2) Existing active users: Refers to wallet addresses that were created on the chain 24 hours ago and had interactions on the chain in the past 24 hours. 3) DApp daily activity (UAW: unique active wallets) 4) TGE (Token Generation Event) 1. Blockchain Profile — ETH Chain 1.1 User Profile 1.1.1 Core Data Total active users of ETH: 470,142 New active users of ETH: 78,718, with a daily increase of 2.15% Existing active users of ETH: 391,424, with a daily increase of 6.88% 1.1.2 New User Profile Core data: There were a total of 78,718 new active users on ETH yesterday, with a daily increase of 2.15% Popular Sectors Popular Projects Key Projects: OpenSea Seaport 1.4 (DApp) — OpenSea’s NFT aggregator, Gem, has been rebranded as OpenSea Pro, designed specifically for professional NFT users. OpenSea is also airdropping a total of 180,000 “Gemesis” NFTs to users, with over 75,000 already minted and a total trading volume of 2915 ETH. OpenSea has also announced plans to reward its community users with NFTs in the future. 1.1.3 Existing User Profile Core data: The number of ETH active existing users is 391,424, with a daily increase of 6.88% Popular Sectors Popular Projects Key Projects: Gemesis (NFT) — Gem has been renamed to OpenSea Pro and has airdropped NFTs to users. It is designed specifically for professional NFT users and has a total airdrop of 180,000 “Gemesis” NFTs. Due to a contract bug, the minting limit was reached when there were only 60,000 NFTs yesterday, causing the floor price to surge to 0.07 ETH. However, the developer fixed the issue, and the floor price is now 0.036 ETH. There have been over 75,000 NFTs minted, with a total trading volume of 2915 ETH and 44,167 holders. https://opensea.io/collection/gemesis 1.2 Popular Trading Pairs 1.2.1 Uniswap V2 XEN (Token) — XEN has seen a 3x increase in price over the past week, currently experiencing a slight pullback with a 24-hour trading volume of $29 million. In an effort to promote deflation for $XEN, the XEN project team recently launched the DBXEN project, which can be obtained by burning XEN. Within just four days, 10.8 billion XEN tokens were burned on the Ethereum blockchain. MONKEYS (Token) — A memecoin with a community focus, and featured on Elon’s list. The price has been continuously declining over the past week, with a 24-hour trading volume of $1.3 million. It is essential to keep observing this project. https://www.dextools.io/app/en/ether/pair-explorer/0xc364ecf5a501983fe1deaa490d9d056397a0fbb0 KAIROS (Token) — A memecoin with only one tweet on its official Twitter account and low attention. The token price has seen a 7x increase in the past week and is currently experiencing significant fluctuations at a high level. The liquidity pool is $200,000, and the 24-hour trading volume is $910,000. It is essential to keep observing this project. https://www.dextools.io/app/en/ether/pair-explorer/0x4eb19b39376445aafd4896f8a752542a6cc6ee7a 1.2.2 Uniswap V3 SOV (Token) Shib Original Vision — SOV experienced significant growth one week after the contract was deployed, with prices remaining high. The liquidity pool is $3.85 million with a 24-hour trading volume of $5.85 million. $SOV represents the original vision of the Shiba Inu token, aiming to correct the corruption behind $SHIB by distributing $SOV fairly and transparently to the real members of the Shiba Inu token community. According to its tokenomics, 80% of the tokens will be airdropped to the Shiba community. Currently, airdrop claims are suspended and will be notified separately upon resumption. https://www.dextools.io/app/en/ether/pair-explorer/0x0318170609141bfdb38d20d1f1c5b5197670ecee PILOT (Token) — PILOT is a decentralized liquidity management platform based on the UNI V3 folk concept. It has benefited from the hype surrounding the expiration of UNI V3’s April market license, seeing an 80% increase in value, with a 24-hour trading volume of $1.2 million. https://www.dextools.io/app/en/ether/pair-explorer/0xb9abcf33069f2df034f3219b2ff10beca3321364 ZERO (Token) — A 0% interest borrowing and lending project designed for LSD. The product will be officially launched in April. Due to the upcoming Shanghai Upgrade, the token has experienced significant hype and has seen nearly a 4x increase from the bottom. It is currently experiencing some pullback, with a trading volume of $1.78 million in the past 24 hours. https://www.dextools.io/app/en/ether/pair-explorer/0xa80838d2bb3d6ebaed1978fa23b38f91775d8378 2.Blockchain Profile — BSC Chain 2.1 User Profile 2.1.1 Core Data Total active users on BSC: 1,297,737 New active users on BSC: 157,282, with a daily increase of 1.26% Existing active users on BSC: 1,140,455, with a daily decrease of 1.64% 2.1.2 New User Profile Core data: There were a total of 157,282 new active users on BSC yesterday, with a daily increase of 1.26% Popular Sectors Popular Projects Key Projects: Pancakeswap V3 (DApp) — On April 3, Pancake officially launched the V3 version on both Ethereum and BNB Chain. V3 will introduce four different trading fee levels: 0.01%, 0.05%, 0.25%, and 1%, and will also introduce a feature to improve capital efficiency by allowing liquidity providers to concentrate funds within smaller price ranges. The platform will also launch a “VIP” trading reward plan based on trading volume and a position management feature. The news was retweeted by Binance CEO CZ, and current data from the BSC chain shows that the user interaction is close to that of V2. 2.1.3 Existing User Profile Core data: The number of BSC active existing users is 1,140,455, with a daily decrease of 1.64% Popular Sectors Popular Projects Key Projects: Hooked (DApp) — Since February, Hooked has held 12 Todamoon events, attracting over 480,000 participants through gamified testing and learning, live streaming experiences, and AI technology. The platform will launch a new event this Friday, and interest remains high. 2.2 Popular Trading Pairs 2.2.1 PancakeSwap V2 KAKI (Token) — This is a memecoin that experienced a significant increase in value before the launch of the Shib Layer2 testnet. It has a high level of on-chain trading activity and no significant contract risks. The project team has previously destroyed 90% of the tokens by sending them to a black hole address and has the ability to promote and hype the token. The project has gained significant attention, and the price briefly approached its historical high on April 4th and is currently fluctuating at a high level with a 24-hour trading volume of $1.8 million. https://www.dextools.io/app/en/bnb/pair-explorer/0x380442ce44276554c22e8e17c3c922b38d614e39 3.Blockchain Profile — Polygon Chain 3.1 User Profile 3.1.1 Core Data Total active users on Polygon: 469,436 New active users on Polygon: 111,805, with a daily increase of 5.30% Existing active users on Polygon: 357,631, with a daily decrease of 2.89% 3.1.2 New User Profile Core data: There were a total of 111,805 new active users on Polygon yesterday, with a daily increase of 5.30% Popular Sectors Popular Projects Key Projects: SUIBG (Token) SUI Futures Bitget — BitKeep and Bitget jointly launched an airdrop of a futures token called SUIBG (SUI Futures Token), which will serve as a credential for the native token SUI after Sui Network mainnet is launched in the future. Users can participate in red packet airdrops, trading rewards, and other activities in their BitKeep wallet or join the SUIBG celebration on the Bitget trading platform to receive SUIBG. According to community users, SUI may hold a public offering on Coinlist on May 2nd. Tribuzz (NFT) — Tribuzz is an NFT issued by a service provider on Polygon, with an official Twitter account having 22,400 followers. It was recently launched, with a total of 7777 NFTs, a 24-hour trading volume of 95 ETH, and 3708 holders, indicating moderate popularity. https://opensea.io/collection/tribuzz 3.1.3 Existing User Profile Core Data: The number of Polygon active existing users is 357,631, with a daily decrease of 2.89% Popular Sectors Popular Projects Key Projects: ZED RUN (DApp) — A horse racing game that has already launched, with 67,600 followers on Twitter and 141,000 monthly visits according to Similarweb. The majority of visitors are from the United States (45.7%) and the United Kingdom (34.51%). The game is very popular within its community. https://zed.run/ Pix_NFT (NFT) — The Planetix series NFT represents a collection of all the assets in the game that have utility value. It has over 180,000 holders and a total trading volume of 591 ETH. https://opensea.io/collection/planet-ix-assets/activity 3.2 Popular Trading Pairs 3.2.1 Uniswap V3 TXAU (Token) — A cryptocurrency backed by real-world gold on a 1:1 basis. According to reports, the market cap of cryptocurrency stablecoins backed by gold has reached $1 billion. Recently, the price of gold has been performing well due to the expectation of risks regarding traditional finance and interest rate pauses, resulting in extreme popularity in the market. 4.Blockchain Profile — Arbitrum Chain 4.1 User Profile 4.1.1 Core Data Arbitrum Active Users: 211,215 Arbitrum New Active Users: 36,079, with a daily decrease of 6.66% Arbitrum Existing Active Users: 175,136, with a daily increase of 8.62% 4.1.2 New User Profile Core data: There were a total of 36,079 new active users on Arbitrum yesterday, with a daily decrease of 6.66% Popular Sectors Popular Projects Key Projects: Arb Egg (NFT) — An NFT from Arbswap. It has 62,696 holders and a total trading volume of 0.24 ETH. The trading activity is relatively low. https://opensea.io/collection/arb-egg-1 Stargate Finance (DApp) — Stargate, developed by the LayerZero Labs team, is a fully composable liquidity transfer protocol that serves as the core of OmniChain DeFi. With Stargate, users and DApps can transfer native assets across 7 chains (with more to come in the future). Due to the Arbi airdrop and LayerZero’s financing, the platform has seen strong user demand, with a TVL of $410 million and a weekly increase of over 8%. 4.1.3 Existing User Profile Core data: The number of Arbitrum active existing users is 175,136, with a daily increase of 8.62% Popular Sectors Popular Projects Key Projects: Layerzero (DApp) — Recently, LayerZero completed a $120 million Series B funding round at a valuation of $3 billion, with participation from a16z and Sequoia Capital. According to on-chain data, LayerZero has accumulated over 770,000 holders, with active user interaction due to the anticipation of airdrops. 4.2 Popular Trading Pairs 4.2.1 Uniswap V3 ARB (Token) — After the Arbitrum AIP-1 proposal was rejected with a 76.67% opposition rate, the Arbitrum Foundation submitted two new proposals to expand ARB holders’ supervisory and governance powers. The first proposal is to place the remaining 700 million ARB of the foundation into “smart contract-controlled locking,” which will be unlocked within four years. The foundation will not be able to use the tokens until the community members approve the token allocation budget. The second proposal is to modify several governance parameters of the Arbitrum ecosystem. Currently, $ARB is oscillating at $1.1-$1.2 with no significant price fluctuations. PENDLE (Token) — Benefiting from the upcoming Shanghai Upgrade, as a strong performer in the LSDFi space, Pendle’s TVL has exceeded $50 million. In the past two days, KOLs on Twitter have recommended it and large holders have been buying, leading to a strong price trend. Its circulating market cap has reached $50 million and the 24-hour trading volume is $7.9 million. 5.DApp Ecosystem — All Chains Iskra (DApp) — Iskra is a blockchain gaming platform primarily built on Klaytn, bringing together gamers and game studios. The platform allows gamers to explore and enjoy high-quality blockchain games and create their own communities. Users will have the opportunity to be the first to explore new gaming projects through the platform’s Launchpad. On April 4th, Iskra partnered with Zealy (formerly Crew3) to conduct an airdrop activity that will last until April 17th. Participating users have a chance to receive 5,500 USDT + 5,500 $ISK tokens. Stargate (DApp) — Stargate, developed by the LayerZero Labs team, is a fully composable liquidity transfer protocol that serves as the core of OmniChain DeFi. With Stargate, users and DApps can transfer native assets across 7 chains (with more to come in the future). Recently, due to the impact of Arbitrum airdrop, a large number of users are interested in obtaining Layerzero airdrop to participate in the use of Stargate. Gemesis (DApp) — OpenSea Pro, formerly known as Gem, was acquired by OpenSea in April 2022 and continues to operate as an independent product and brand. On April 5, 2023, OpenSea Pro announced that users who used Gem before March 31, 2023, are eligible to receive Gemesis NFTs, which can be directly minted on OpenSea. The announcement also revealed that Gem would officially be renamed as OpenSea Pro, leading the community to speculate that this is in preparation for future token issuance and signifies the intensification of competition between Blur and OpenSea. 6.DApp Ecosystem — ETH Chain Blur (DApp) — On April 5, the Blur platform traded 12,600 ETH, while OpenSea traded 4799 ETH. NFT market trading volume has remained stable lately, but Blur’s performance relative to BTC has been average, with a current price of 0.57 USDT. The short-term price of BLUR continues to fluctuate. On March 29, Blur announced that it would extend the Season 2 bidding pool and double points for listing until May 1, causing dissatisfaction within the community. The release of new products, originally scheduled for April 1, will also be delayed. The future trend of BLUR depends largely on product innovation and community confidence, so it is essential to stay updated on the development of its products. Bungee (DApp) — A cross-chain aggregator with high expectations for airdrops and overall operational popularity. The latest product was updated on March 9th, and the project has 64,300 followers on Twitter, with over 100 KOLs following. According to Similarweb, the platform receives 188,000 monthly visits, with the majority of visitors coming from Russia, the United States, Germany, Japan, and France. Recently, the project has seen increased user engagement due to the effect of the Arbitrum airdrop. 7.DApp Ecosystem — BSC Chain SECONDLIVE (DApp) — SecondLive is a Web3 Metaverse project based on the BSC that focuses on building a virtual social network and supporting creator economy activities. On April 4, it collaborated with BNBChain to launch an Easter egg activity with a total reward of $30,000 BEAN. The user engagement is good, with 385,000 followers on Twitter and over 120 KOLs following the project. Mobox (DApp): Mobox is a leading blockchain game project on the BSC chain that has introduced MODDragon NFT. The project uses AI technology for incubation and cultivation and has announced a major upcoming update through its official channels. Platform’s UAW activity continues to remain high. 8.DApp Ecosystem — Polygon Chain TaskON (DApp) — TaskON is a Web3-based task platform with 118,000 Twitter followers, including 80+ KOLs. The platform recently held events with other project teams, such as nuwaxyz, Guesslot, Web3Shot, and BinaryX. According to Similarweb, the official website has a monthly traffic volume of 295,000, with the majority coming from Nigeria, Indonesia, Vietnam, Turkey, and Ukraine. The project has received a good level of attention. 9.DApp Ecosystem — WAX Chain NeftyBlocks (DApp) is an NFT trading platform on the WAX blockchain. On March 28th, WAX conducted a blockchain update and released the Antelope tool, which provides a range of general tools, interfaces, APIs, and documentation resources to build Web3 games and other applications on WAX. Benefiting from the increased activity on WAX, the project has sustained UAW activity recently with no special events. 10.DApp Ecosystem — Solana Chain GameTrade Market (DApp) — This project is a multi-chain NFT marketplace that focuses on trading in-game assets. On April 3rd, the project announced its participation in Crew3’s gaming guild marathon event, which received over 2500 interactions. They have 10,000 followers on Twitter, with 13 KOLs following. 11.DApp Ecosystem — Arbitrum Chain GMX (Token) — Recently, there has been frequent on-chain activity by big whales for GMX. On April 6th, a whale pool bought 60,958 GMX, using 2568 ETH, at an average price of 80 USDT for each token. On March 14th, the same address spent 1851 ETH to buy 41,362 GMX at an average price of 79.2 USDT and also bought 6324 GMX from the Binance exchange. Currently, the address holds 108,644 GMX, and the whale continues to open positions in GMX. It is essential to stay updated on this token. 12.DApp Ecosystem — GameFi Sector Across All Chains Trickshot Blitz (DApp) — A billiards game built on Joyride, a blockchain gaming platform that offers high-quality mini-games for iOS and Android users. Currently, there are five games available on the platform, with six more games set to launch in the future. With its strong playability and simple interface, Joyride’s games have a high level of user engagement. According to Similarweb, the platform receives 54,800 monthly visits, with the majority of visitors coming from the Philippines. 13.Gas Fee Consumption — ETH Chain Otherside Vessel (NFT) — Metaverse project by Yuga Labs, Otherside, has initiated Koda NFT split and Vessel claiming. Only Otherdeeds holders who own Koda can split the NFT, but all Otherdeeds holders can claim a Vessel NFT. In a short period, it has already seen over 600 ETH in trading volume, indicating high trading activity. https://opensea.io/collection/otherside-vessels Gemesis (NFT) — Gem v2 has been renamed to OpenSea Pro, and users who have used Gem before March 31, 2023, will receive a “Gemesis” NFT airdrop. Users can claim this NFT for free until May 4th directly on the OpenSea official website. The current floor price is 0.0365 ETH. https://opensea.io/collection/gemesis 14.Gas Fee Consumption — BSC Chain Link3 (DApp) — Link3 is a Web3 social task network incubated by CyberConnect, where users can create their decentralized social network by completing on-chain and off-chain information. Recently, they have been involved in joint promotional activities with Zetachain, Xterio, and DODO, which have generated a lot of community engagement. It is essential to stay updated on this project. 15.Gas Fee Consumption — Polygon Chain TriBuzz (NFT) — A recently completed PFP project that has had a successful NFT sale, generating FOMO among the community. The trading activity is extremely high, with an average of 1–2 transactions per minute. The total trading volume has already reached 94 ETH. https://opensea.io/collection/tribuzz LFi NFT (NFT) — Based on blockchain data, the project is airdropping this NFT series, but there is no trading information available on the secondary market. Additionally, the NFT image information cannot be displayed, indicating that it has no practical use or value for participation. 16.Gas Fee Consumption — Arbitrum Chain Layer Zero (DApp) — A cross-chain protocol that allows DApps deployed on different chains to communicate with each other without any intermediate chains or consensus mechanisms. Currently, the project has not yet issued its own token, but due to the effect of the Arbitrum airdrop, user interaction has increased significantly, with daily reposts on the chain increasing tenfold from around 5,000 in the middle of the month. Recently, the project completed a financing round of $120 million, and the wealth effect of future airdrops may be promising, so it is important to start engaging with the project. 17.Twitter Trends Token Top 20 From the perspective of token popularity on Twitter trends: Tokens with significant increases in popularity: DOGE, MOB, USDC Newly listed tokens: FLOKI, APT, SHIB, BONK DOGE (Token) — The original logo in the top left corner of the Twitter website has been replaced with the Dogecoin logo, leading to expectations of future announcements from Twitter regarding Dogecoin’s empowerment. The surge in DOGE has brought attention to other memecoins in the same category, such as Floki, SHIB, BONK, and others. BONK (Token) — BONK is the first dog-themed token on the Solana chain. With the recent bullish trend of Dogecoin, the token has shown relatively strong performance, with a 20% increase before experiencing a slight pullback. The memecoin market has been quite volatile lately, with high levels of hype, so investors should be aware of the market risks. 18.Token Mentioned Frequency by KOLs on Twitter Super KOLs mentioned the following hot tokens: ARB, BTC, ETH, USDT, XRP Builders mentioned the following tokens: ARB, NGT, ETH KMA (DApp) — A project on Calamari Network that uses zk-proof to ensure privacy and security, and in the same sector as Manta Network. As a project in the zk sector, there may be some hype opportunities in the near future with the gradual launch of the zkevm Layer2 network on the mainnet. It is essential to stay updated on this project. 19.Token Mentioned Frequency by VCs on Twitter Based on the frequency of mentions by VC firms on Twitter: USDC, BNB, SIDUS, NOM, THOR NOM (Token) Onomy Protocol — The project started its public token sale on December 6th via a joint curve, after completing a $10 million funding round with investors including Bitfinex, GSR, and AVA LABS. The token sale is conducted on the Ethereum chain, with applications deployed on Cosmos. Yesterday, a tweet from the project said “Tick-Tock, DEXs”, hinting that the product may be launching soon. It’s worth keeping an eye on. 20.Google Trends — Global More frequently mentioned keywords in Google trending searches: XEN, KIN, AGIX, AVAX XEN (Token) — XEN is a free-minting project launched in November last year. The token performed well last week, with its price increasing 3x in five days, resulting in good wealth effects. The token is available for trading on Bitget. KIN (Token) — KIN is a project by Kin Ecosystem that provides each user with a unique in-game identity, and users can use the DApp to reward other users and create new crypto product experiences. The community traffic is good, and the token has performed well recently. Today it rose 30% before falling back. It is currently available for trading on Bitget. Bob Lee (KOL) — Bob Lee was a former Google software engineer responsible for the development of the Android system’s core APIs. He later founded the well-known mobile payment software Cash App and served as Chief Product Officer of the cryptocurrency startup MobileCoin. Bob Lee was stabbed to death in San Francisco in the early hours of April 4, local time. 21.Google Trends Surge — East Asia, South Asia, Southeast Asia, Hong Kong, Macau, and Taiwan a) South Asia Region India Trending Tokens: XEN, USDB, PIE Pakistan Trending Keywords: IDA, ETH b) Southeast Asia Region Philippines Trending Tokens: BTC, GRT, ETH, XEN, LINA, MATIC Indonesia Trending Tokens: KIN, MATIC Malaysia Trending Keywords: BTC price, Doge price, Xrp price Singapore Trending Keywords: Crypto prices c) East Asia and Hong Kong, Macau, and Taiwan Trending Tokens: QNT, WTK 22.Google Trends Surge — English-speaking Countries, Europe, CIS Region a) CIS Region Trending Keywords: Airdrop Crypto, CMC, Etherscan, CGC, XEN b) English-speaking Countries USA Trending Keywords: Crypto CEO Dead Canada Trending Tokens: AAVE, PENDLE, NEXUS Australia Trending Tokens: IMPT, ETH, DOGE, KIN, NGS UK Trending Tokens: ETH, DYDX, BNB, CSPR, NEXUS Trending Keywords: Yahoo Finance, Crypto Mining App c) Europe Poland Trending Tokens: XRP, HEX, BTC Italy Trending Tokens: Elrond, HEX, XEN, KIN, ADA; Spain Trending Tokens: AGIX, SHB, AXS, XEN, CFX, FLOKI, AMP, VET, KIN France Trending Tokens: MINA, MATIC, C98, BETH Germany Trending Tokens: QNT, BTC, ETC, BTC, XEN 23.Google Trends Surge — Middle East, Latin America, Africa a) Africa Nigeria Trending Keywords: Coingecko, Crypto Bubbles South Africa Trending Tokens: AVAX, XEN, ELON Morocco Trending Keywords: Crypto Royale b) Middle East Trending Keywords: Cryptonews, Crypto Currency, Crypto Desk c) Latin America Brazil Trending Tokens: CRO, AGIX, APT, ADA Mexico Trending Tokens: AVAX, Elrond

Bitget Research: Exchange Rate Between ETH and BTC Surges 3% in a Single Day, Altcoins Experience a General Rally

the past 24 hours, there have been many new popular tokens and topics emerging in the market, and perhaps they could be the next market spotlight. In Summary: 1.Popular Tokens: SUIBG (Token) — BitKeep and Bitget jointly launched an airdrop of a futures token called SUIBG (SUI Futures Token), which will serve as a credential for the native token SUI after Sui Network mainnet is launched in the future. Users can participate in red packet airdrops, trading rewards, and other activities in their BitKeep wallet or receive SUIBG in the SUIBG Carnival event on the Bitget trading platform. Currently, there are relevant trading pools on DEX, but the liquidity is poor and the depth is low. It is important to apply through the official channels of Bitget and Bitkeep. Blur (Token) — On March 28, Blur platform traded a total of 14,000 ETH, while OpenSea traded 5523 ETH. Overall, trading volume in the NFT market remained stable. BLUR has recently performed poorly compared to BTC, with a current price of 0.52 USDT. The short-term price of BLUR is expected to continue to fluctuate. On March 29, Blur announced that it would extend the Season 2 bidding pool and double points for listing until May 1, causing dissatisfaction within the community. The release of new products, originally scheduled for April 1, will also be delayed. The future trend of BLUR depends largely on product innovation and community confidence, so it is essential to keep track of the progress of subsequent products. ARB (Token) — The claiming rate for the Arbitrum airdrop has reached 87% over the past 5 days, and the selling pressure from the airdrop has basically ended. In the past two days, the TVL of the top ten chains has increased by 10% against the trend, with high retention of funds and activity. After suffering a significant sell-off following the airdrop, the ecosystem has been supported and rebounded. Large holders continue to buy in, including ARB, GMX, and GRAIL, with the largest increase in the past 24 hours being 13%, 20%, and 14%, respectively. SHOBBES (Token) — Positioned as Hobbes’ girlfriend, and Hobbes is Elon Musk’s pet dog. With these connections, the popularity of SHOBBES has increased, with a liquidity of $23,000 on the chain and a 24-hour trading volume of $557,000. Contract detection shows a 3% buying and selling tax and risk of the ability to pause trading. It is essential to stay updated on this token. LOVE (Token) — Positioned as the official memecoin of Pormchain, the token has only been listed for two days with on-chain liquidity of $100,000 and a 24-hour trading volume of $795,000. The token has seen a 51% decline in the past 24 hours, and there is a 10% sell tax and risk of the ability to pause trading. It is essential to observe this token. CODE (Token) — CODE is positioned as an AI meme concept, and the project has not made any tweets so far. The on-chain liquidity is $7300, with a 24-hour trading volume of $69,000. In a single day, the token has seen an 80% drop, and there is a 5% buy and sell tax with the risk of pausing trading. It has large price fluctuations, making it an essential token to be aware of. HOBBES (Token) — Hobbes is a MEME community formed by claiming to be Elon Musk’s dog. The token had a TGE on March 21 and started trading on DEX. The contract has no fatal issues, and the current token liquidity pool is $482,000 with a 24-hour on-chain trading volume of $1.75 million. It has performed well, making it an essential token to stay updated on. HEX (Token) — Designed and launched by Richard Heart on December 2, 2019, HEX claims to be a blockchain certificate of deposit. Recently, the market trading activity has been extremely high, with the trading volume of just the HEX/USDC pair reaching $6.58 million in the last 24 hours. It has received high attention from the community. PAW (Token) — This is a DEX built on Shibarium. The Twitter account is showing as banned. The token has been fluctuating significantly, with a 10x increase from the bottom before entering a correction phase. In the past 24 hours, the trading volume was $610,000, while trading activity has decreased. It is essential to stay updated on this token, especially after its adjustment is complete. Bitget has listed this token. SQUA (Token) — The project claims to be a payment token. It has a liquidity pool of $6.28 million and a daily trading volume of $1.99 million. It has good volume and a clean contract, making it an essential token to stay updated on. PEOPLE (Token) — PEOPLE is a token on BSC, with 28,923 holders and $76,000 in liquidity. The token had a 24-hour trading volume of $133,000. Contract analysis has revealed that there are proxy contracts. It is essential to stay updated on this token. TIME (Token) — The token plummeted by 96% today, with an on-chain pool of only $81,000, while the 24-hour trading volume has reached $5.38 million. The trading volume is growing rapidly. Contract analysis shows no issues. It is essential to stay updated on this token. AI (Token) — This is a token with a focus on the chat AI concept. It has an on-chain liquidity of $294,000, and a 24-hour trading volume of $607,000. The contract analysis shows no major risks. It is important to keep a close watch on this token. GMX (Token) — This is a leading derivative DEX on Arbitrum with a strong recent price performance. After a period of correction, it has quickly rebounded, with a 14.5% increase over the past two days. It is important to keep a close watch on this token in the future. 2.Popular NFTs: y00ts (NFT) — The well-known NFT project y00ts from the Solana ecosystem has opened migration to Polygon for NFT holders. Users who migrated within the last 24 hours have the chance to receive BTC DeGod and migration fee compensation. In addition, y00t listings on the Polygon market on Magic Eden within the first 24 hours will receive a 5 USDC reward, and there are no transaction fees for trading y00t within 30 days. To Ethereum, with Love (NFT) — This NFT is a commemorative NFT gift from Polygon Labs that marks the Beta launch of the Polygon zkEVM mainnet. These NFTs can be minted on platforms such as fair.xyz, and there are currently over 21,000 holders. BROZO (NFT) — A highly popular NFT recently sold out shortly after it was made available on Public Mint on Polygon. It trended as the top NFT on OpenSea and has seen significant trading volume on Magic Eden. Currently, there are 3,861 holders with a floor price of 78MATIC. 3.Popular DApps: zkSync Era, zkSync (DApp) — Due to the impact of Arbitrum’s airdrop, zkSync’s interaction activity has consistently been at the top on Ethereum in terms of new users. According to the latest data from Dune, the number of independent wallet addresses on zkSync Era’s mainnet has reached 145,000, with 29,400 ETH cross-chained to zkSync, and a total of 167,000 transfers. User activity continues to increase. Starknet: StarknetEthBridge (DApp) — Similarly benefiting from the airdrop expectations, Starknet’s user activity is also ranking high. The total number of transfers on the network has reached 303,000, with a total of 231,000 users. The peak of interaction was on March 25th, with 14,000 daily users and 15,400 transfers, an increase of 27x and 28x respectively compared to the bottom level in early March, indicating a very rapid growth rate. Chiliz (DApp) — On March 28th, Chiliz announced that it will launch the Chiliz Sports Blockchain on May 10th, which has gained a lot of attention from the community. The community believes that the launch of the mainnet can bring more empowerment to CHZ, strengthen the value of the entire network, and increase the on-chain activity. Link3 (DApp) — Link3 is a Web3 social task network incubated by CyberConnect, where users can create their own decentralized social network by completing their on-chain and off-chain information. The project was led by investments from Binance and RedCode Capital. As Space ID was listed on Binance IEO and distributed an airdrop, the market has similar expectations for this project and user activity continues to remain high. Starting from March 17th, Link3 will release a specific theme post every week for creators to write, and each post can be converted into an NFT at a fixed price of $1. Users can pay $1 and collect the corresponding post as an on-chain NFT. HOOK (DApp) — HOOK has been running an operation to create AI-generated comics. It shared some beautifully crafted technical works on Twitter to promote its project. With the recent popularity of AI, the spread effect on Twitter is good. On March 28th, it announced that it would be the only AIGC technology partner for the BNB Chain Easter Egg Hunt 2023, continuously strengthening the concept of AI+education in community operations and future product direction. AtomicAssets (DApp) — AtomicAssets is an NFT asset standard built on WAX\EOS, and AtomicHub is the NFT marketplace in the ecosystem. Currently, ZosWax’s Out of This World package for the zombie game is being sold, with a total of 2,000 available. Sweat Economy (DApp) — This is a traditional Web2 project that has transitioned to a Web3 wallet and “Move to Earn” project. The app has been downloaded over 1 million times on Google and recently held an event to distribute testing qualifications for the new version of Sweat Hero. The project falls under the category of traffic-based projects and has a high level of activity. Balancer * Philand (DApp) — Balancer is an OG DEX, and Philand is a social task platform based on ENS and on-chain/off-chain wallets, providing a visualization of on-chain identity. Balancer and Philand jointly launched a new interactive NFT Claime event yesterday, in which users can earn corresponding NFTs by trading, providing liquidity, and voting on Balancer. 4.Twitter Hot Topics: KMA (Token) — Calamari Network is a community-driven testnet for the privacy-focused Manta Network project in the Polkadot ecosystem. It is also a privacy-preserving parachain on Kusama, aimed at providing on-chain privacy services to the entire Kusama DeFi network. KMA has a daily trading volume of $140,000, with moderate attention. It is essential to stay updated on this token. XRP (Token) — According to a source familiar with the case, there may be an important ruling in the XRP lawsuit with the U.S. Securities and Exchange Commission (SEC) this week. The lawsuit has been ongoing for some time and the ruling will have a significant impact on the future direction of XRP. It is widely expected that if the ruling is favorable to XRP, its price may rise significantly. Conversely, if the ruling is unfavorable to XRP, its price may suffer a serious blow. Regardless of the outcome, investors should closely monitor the ruling and adjust their investment strategies accordingly. AAVE (Token) — A decentralized finance platform, Aave allows users to deposit their cryptocurrencies into smart contracts to earn interest and also allows them to borrow other crypto assets from the platform. Additionally, Aave has launched a flash loan product that allows users to borrow and return assets in an extremely short amount of time, providing an innovative solution for the decentralized finance sector. 5.Regional Trending Searches: Recently, XRP has frequently appeared on regional hot searches, and leading projects in various fields, such as the Hong Kong sector, Arbitrum ecology, zk EVM ecology, BTC layer-2, and LSD sector, are showing signs of activity. The exchange rate of ETH to BTC increased by 3.37% in a single day, and ETH achieved its first positive breakthrough after half a month of decline and volatility. ETH achieved its first bullish breakthrough with a long green candlestick. As a result, altcoins and popular leading coins have become active, and it is recommended to focus on the leading projects that were hyped up in January and February. Main Body Written by: Bitget Research Data collection time: March 29, 10:30 Data sources: Dune, DApps, Twitter, Google Note: 1) New active users: Refers to wallet addresses that were newly created on the chain in the past 24 hours and had interactions on the chain. 2) Existing active users: Refers to wallet addresses that were created on the chain 24 hours ago and had interactions on the chain in the past 24 hours. 3) DApp daily activity (UAW: unique active wallets) 4) TGE (Token Generation Event) 1.Blockchain Profile — ETH Chain 1.1 User Profile 1.1.1 Core Data Total active users of ETH: 497,981 New active users of ETH: 91,033, with a daily increase of 12.66% Existing active users of ETH: 406,948, with a daily increase of 11.02% 1.1.2 New User Profile Core data: There were a total of 91,033 new active users on ETH yesterday, with a daily increase of 12.66% Popular Sectors Popular Projects Key Projects: zkSync Era, zkSync (DApp) — Due to the impact of Arbitrum’s airdrop, zkSync’s interaction activity has consistently been at the top on Ethereum in terms of new users. According to the latest data from Dune, the number of independent wallet addresses on zkSync Era’s mainnet has reached 145,000, with 29,400 ETH cross-chained to zkSync, and a total of 167,000 transfers. User activity continues to increase. Starknet: StarknetEthBridge (DApp) — Similarly benefiting from the airdrop expectations, Starknet’s user activity is also ranking high. The total number of transfers on the network has reached 303,000, with a total of 231,000 users. The peak of interaction was on March 25th, with 14,000 daily users and 15,400 transfers, an increase of 27x and 28x respectively compared to the bottom level in early March, indicating a very rapid growth rate. 1.1.3 Existing User Profile Core data: The number of ETH active existing users is 406,948, with a daily increase of 11.02% Popular Sectors Popular Projects Key Projects: Chiliz (DApp) — On March 28th, Chiliz announced that it will launch the Chiliz Sports Blockchain on May 10th, which has gained a lot of attention from the community. The community believes that the launch of the mainnet can bring more empowerment to CHZ, strengthen the value of the entire network, and increase the on-chain activity. Blur (Token) — On March 28, Blur platform traded a total of 14,000 ETH, while OpenSea traded 5523 ETH. Overall, trading volume in the NFT market remained stable. BLUR has recently performed poorly compared to BTC, with a current price of 0.52 USDT. The short-term price of BLUR is expected to continue to fluctuate. On March 29, Blur announced that it would extend the Season 2 bidding pool and double points for listing until May 1, causing dissatisfaction within the community. The release of new products, originally scheduled for April 1, will also be delayed. The future trend of BLUR depends largely on product innovation and community confidence, so it is essential to keep track of the progress of subsequent products. 1.2 Popular Trading Pairs 1.2.1 Uniswap V2 SHOBBES (Token) — Positioned as Hobbes’ girlfriend, and Hobbes is Elon Musk’s pet dog. With these connections, the popularity of SHOBBES has increased, with a liquidity of $23,000 on the chain and a 24-hour trading volume of $557,000. Contract detection shows a 3% buying and selling tax and risk of the ability to pause trading. It is essential to stay updated on this token. https://www.dextools.io/app/en/ether/pair-explorer/0x1b66beec10a94a83b423064878e269e0894777a5 LOVE (Token) — Positioned as the official memecoin of Pormchain, the token has only been listed for two days with on-chain liquidity of $100,000 and a 24-hour trading volume of $795,000. The token has seen a 51% decline in the past 24 hours, and there is a 10% sell tax and risk of the ability to pause trading. It is essential to observe this token. https://www.dextools.io/app/en/ether/pair-explorer/0xc93e3851de03b0e45512aaabe2dc9619e0650eed CODE (Token) — CODE is positioned as an AI meme concept, and the project has not made any tweets so far. The on-chain liquidity is $7300, with a 24-hour trading volume of $69,000. In a single day, the token has seen an 80% drop, and there is a 5% buy and sell tax with the risk of pausing trading. It has large price fluctuations, making it an essential token to be aware of. https://www.dextools.io/app/en/ether/pair-explorer/0x625ae6416e5c8e5360448af89750f9990655591a HOBBES (Token) — Hobbes is a MEME community formed by claiming to be Elon Musk’s dog. The token had a TGE on March 21 and started trading on DEX. The contract has no fatal issues, and the current token liquidity pool is $482,000 with a 24-hour on-chain trading volume of $1.75 million. It has performed well, making it an essential token to stay updated on. https://www.dextools.io/app/en/ether/pair-explorer/0x6178081202165c521c80b95d2c7ef54893c7232c 1.2.2 Uniswap V3 HEX (Token) — Designed and launched by Richard Heart on December 2, 2019, HEX claims to be a blockchain certificate of deposit. Recently, the market trading activity has been extremely high, with the trading volume of just the HEX/USDC pair reaching $6.58 million in the last 24 hours. It has received high attention from the community. https://www.dextools.io/app/en/ether/pair-explorer/0x69d91b94f0aaf8e8a2586909fa77a5c2c89818d5 PAW (Token) — This is a DEX built on Shibarium. The Twitter account is showing as banned. The token has been fluctuating significantly, with a 10x increase from the bottom before entering a correction phase. In the past 24 hours, the trading volume was $610,000, while trading activity has decreased. It is essential to stay updated on this token, especially after its adjustment is complete. Bitget has listed this token. https://www.dextools.io/app/en/ether/pair-explorer/0x0dba3dfee43d9b6450c716c58fdae8d3be37fdc9 2.Blockchain Profile — BSC Chain 2.1 User Profile 2.1.1 Core Data Total active users on BSC: 1,655,508 New active users on BSC: 178,677, with a daily increase of 21.97% Existing active users on BSC: 1,476,831, with a daily increase of 25.46% 2.1.2 New User Profile Core data: There were a total of 178,677 new active users on BSC yesterday, with a daily increase of 21.97% Popular Sectors Popular Projects Key Projects: Link3 (DApp) — Link3 is a Web3 social task network incubated by CyberConnect, where users can create their own decentralized social network by completing their on-chain and off-chain information. The project was led by investments from Binance and RedCode Capital. As Space ID was listed on Binance IEO and distributed an airdrop, the market has similar expectations for this project and user activity continues to remain high. Starting from March 17th, Link3 will release a specific theme post every week for creators to write, and each post can be converted into an NFT at a fixed price of $1. Users can pay $1 and collect the corresponding post as an on-chain NFT. SQUA (Token) — The project claims to be a payment token. It has a liquidity pool of $6.28 million and a daily trading volume of $1.99 million. It has good volume and a clean contract, making it an essential token to stay updated on. https://www.dextools.io/app/cn/bnb/pair-explorer/0xc70734ef92893cf7ae131b13874f8c531584fc4e PEOPLE (Token) — PEOPLE is a token on BSC, with 28,923 holders and $76,000 in liquidity. The token had a 24-hour trading volume of $133,000. Contract analysis has revealed that there are proxy contracts. It is essential to stay updated on this token. https://www.dextools.io/app/en/bnb/pair-explorer/0x38ef44d5ec9849998499b057699f81f480e85e85 2.1.3 Existing User Profile Core data: The number of BSC active existing users is 1,476,831, with a daily increase of 25.46% Popular Sectors Popular Projects Business Opportunity HOOK (DApp) — HOOK has been running an operation to create AI-generated comics. It shared some beautifully crafted technical works on Twitter to promote its project. With the recent popularity of AI, the spread effect on Twitter is good. On March 28th, it announced that it would be the only AIGC technology partner for the BNB Chain Easter Egg Hunt 2023, continuously strengthening the concept of AI+education in community operations and future product direction. 2.2 Popular Trading Pairs 2.2.1 PancakeSwap V2 TIME (Token) — The token plummeted by 96% today, with an on-chain pool of only $81,000, while the 24-hour trading volume has reached $5.38 million. The trading volume is growing rapidly. Contract analysis shows no issues. It is essential to stay updated on this token. https://www.dextools.io/app/en/bnb/pair-explorer/0xad1fedfb04377c4b849cef6ef9627bca41955fa0 AI (Token) — This is a token with a focus on the chat AI concept. It has an on-chain liquidity of $294,000, and a 24-hour trading volume of $607,000. The contract analysis shows no major risks. It is important to keep a close watch on this token. https://www.dextools.io/app/en/bnb/pair-explorer/0xefed08a7e67a702fd1eee992da1ad028f47ddc7f 3.Blockchain Profile — Polygon Chain 3.1 User Profile 3.1.1 Core Data Total active users on Polygon: 488,554 New active users on Polygon: 110,185, with a daily increase of 29.22% Existing active users on Polygon: 378,369, with a daily increase of 9.76% 3.1.2 New User Profile Core data: There were a total of 110,185 new active users on Polygon yesterday, with a daily increase of 29.22% Popular Sectors Popular Projects Key Projects: SUIBG (Token) — BitKeep and Bitget jointly launched an airdrop of a futures token called SUIBG (SUI Futures Token), which will serve as a credential for the native token SUI after Sui Network mainnet is launched in the future. Users can participate in red packet airdrops, trading rewards, and other activities in their BitKeep wallet or receive SUIBG in the SUIBG Carnival event on the Bitget trading platform. Currently, there are relevant trading pools on DEX, but the liquidity is poor and the depth is low. It is important to apply through the official channels of Bitget and Bitkeep. y00ts (NFT) — The well-known NFT project y00ts from the Solana ecosystem has opened migration to Polygon for NFT holders. Users who migrated within the last 24 hours have the chance to receive BTC DeGod and migration fee compensation. In addition, y00t listings on the Polygon market on Magic Eden within the first 24 hours will receive a 5 USDC reward, and there are no transaction fees for trading y00t within 30 days. Rabbit Hole (DApp) — A blockchain-based task and learning platform where users can earn certification points by participating in contract operations of various DApps. The project has just been deployed on the Polygon network, which reduces transaction fees for users. The project has a large community following. It is essential to stay updated on this project. https://rabbithole.gg/ 3.1.3 Existing User Profile Core Data: The number of Polygon active existing users is 378,369, with a daily increase of 9.76% Popular Sectors Popular Projects Key Projects: Lens (DApp) — Lens Protocol Profiles, the username NFT for the Lens protocol, has doubled in floor price in the past week. The number of transactions has reached 3200, mainly due to the impact of the Arbitrum airdrop. Users can pay attention to its ecological projects such as Phaver, Lenster, and Orb. ZED RUN (DApp) — A horse racing game that has already launched, with 67,600 followers on Twitter and 141,000 monthly visits according to Similarweb. The majority of visitors are from the United States (45.7%) and the United Kingdom (34.51%). The game is very popular within its community. https://zed.run/ 3.2 Popular Trading Pairs 3.2.1 Uniswap V3 TXAU (Token) — TXAU is positioned as a Web3 precious metal market, with over 10,000 downloads on Google Play. The token has an on-chain liquidity of $43,000 and a 24-hour trading volume of $24,000. Contract analysis shows the presence of proxy contracts. It is essential to keep observing this token. https://www.dextools.io/app/en/polygon/pair-explorer/0x6488adfdbb85ce0302faa6ac72c8693eba81df83 BOB (Token) — BOB is a stablecoin with multi-chain and multi-collateral support, enhanced with optional privacy features. Once BOB is deposited into the zkBob application, pool participants can transfer BOB between them privately and securely. Currently, this token is stable at a 1:1 exchange rate with USDC. The token has a 24-hour on-chain trading volume of $816,000, a liquidity pool of $5.68 million, and 3094 holders. Decentralized stablecoins are currently hot in the market, so it is important to keep a close watch on this token. https://www.dextools.io/app/cn/polygon/pair-explorer/0x0a63d3910ffc1529190e80e10855c4216407cc45 4.Blockchain Profile — Arbitrum Chain 4.1 User Profile 4.1.1 Core Data Arbitrum Active Users: 220,807 Arbitrum New Active Users: 36,063, with a daily decrease of 12.31% Arbitrum Existing Active Users: 184,744, with a daily increase of 8.86% 4.1.2 New User Profile Core data: There were a total of 36,063 new active users on Arbitrum yesterday, with a daily decrease of 12.31% Popular Sectors Popular Projects Key Projects: Stargate (DApp) — Stargate, developed by the LayerZero Labs team, is a fully composable liquidity transfer protocol that serves as the core of Omnichain DeFi. With Stargate, users and DApps can transfer native assets across 7 chains (with more to come in the future). Recently, due to the impact of Arbitrum airdrop, a large number of users are interested in obtaining the Layerzero airdrop to participate in the use of Stargate. VELA (DApp) — Vela Exchange is a rebranded product of Dexpools ($DXP). Dexpools used to be a platform for peer-to-peer OTC trading of tokens and NFTs. Recently, Vela Exchange aims to create a trading platform similar to GMX. The current on-chain TVL is $50.7 million. 4.1.3 Existing User Profile Core data: The number of Arbitrum active existing users is 184,744, with a daily increase of 8.86% Popular Sectors Popular Projects Key Projects: MetaMask (DApp) — Recent hints at new token launches have led to a significant increase in trading volume for MetaMask. The number of user addresses that have interacted with MetaMask Swap, the DEX aggregator built into the MetaMask crypto wallet, has surpassed 1.6 million. In total, over 14.46 million swap transactions have been made, resulting in a cumulative trading volume of over $55.6 billion, bringing in $487 million in platform fees for MetaMask. GDX (Token) — This is an order book-based DEX on Arbitrum. After the token was distributed through an airdrop, the secondary market price saw a 10x increase. The on-chain liquidity is $204,000, and the trading volume is $21,000. Although the trading volume is relatively low, the frequency of trades is high. https://www.dextools.io/app/en/arbitrum/pair-explorer/0xa6e376c6c2b5739085671a8937eb233ea7f598ce 4.2 Popular Trading Pairs 4.2.1 Uniswap V3 ARB (Token) — The claiming rate for the Arbitrum airdrop has reached 87% over the past 5 days, and the selling pressure from the airdrop has basically ended. In the past two days, the TVL of the top ten chains has increased by 10% against the trend, with high retention of funds and activity. After suffering a significant sell-off following the airdrop, the ecosystem has been supported and rebounded. Large holders continue to buy in, including ARB, GMX, and GRAIL, with the largest increase in the past 24 hours being 13%, 20%, and 14%, respectively. GMX (Token) — This is a leading derivative DEX on Arbitrum with a strong recent price performance. After a period of correction, it has quickly rebounded, with a 14.5% increase over the past two days. It is important to keep a close watch on this token in the future. https://www.dextools.io/app/en/arbitrum/pair-explorer/0x913398d79438e8d709211cfc3dc8566f6c67e1a8 5.DApp Ecosystem — All Chains AtomicAssets (DApp) — AtomicAssets is an NFT asset standard built on WAX\EOS, and AtomicHub is the NFT marketplace in the ecosystem. Currently, ZosWax’s Out of This World package for the zombie game is being sold, with a total of 2,000 available. Galxe (DApp) — Galxe is an on-chain task platform and a top-tier DID application. Recently, a new identity verification method was launched allowing users to log in with a single click using their Ethereum address. Yesterday, they held an AMA in collaboration with PolygonGaming, and participants were able to receive Galxe OAT tokens. Iskra (DApp) — Iskra is a blockchain gaming platform primarily built on Klaytn, bringing together gamers and game studios. The platform allows gamers to explore and enjoy high-quality blockchain games and create their own communities. Users will have the opportunity to be the first to explore new gaming projects through the platform’s Launchpad. Currently, Iskra is in its second round of NFT tasks and will launch its third round after the end of the month. Platform’s UAW activity is extremely high. Sweat Economy (DApp) — This is a traditional Web2 project that has transitioned to a Web3 wallet and “Move to Earn” project. The app has been downloaded over 1 million times on Google and recently held an event to distribute testing qualifications for the new version of Sweat Hero. The project falls under the category of traffic-based projects and has a high level of activity. 6.DApp Ecosystem — ETH Chain Manifold (DApp) — This is a creator platform that allows artists to create NFTs using componentized product releases for smart contracts. It is also a platform for users to mint NFTs. The project has a strong partnership with the Foundation NFT platform and updated its functionality yesterday, allowing Manifold metadata to be automatically updated. The project maintains high daily activity due to its NFT minting feature. 7.DApp Ecosystem — BSC Chain TinyTap (DApp) — Tinytap is a decentralized education platform backed by Animoca Brands. The platform currently has over 200,000 educational games focused on early childhood learning and development, allowing teachers to earn revenue through blockchain technology. Mobox (DApp): Mobox is a leading blockchain game project on the BSC chain that has introduced MODDragon NFT. The project uses AI technology for incubation and cultivation and has announced a major upcoming update through its official channels. Platform’s UAW activity continues to remain high. 8.DApp Ecosystem — Polygon Chain Balancer * Philand (DApp) — Balancer is an OG DEX, and Philand is a social task platform based on ENS and on-chain/off-chain wallets, providing a visualization of on-chain identity. Balancer and Philand jointly launched a new interactive NFT Claime event yesterday, in which users can earn corresponding NFTs by trading, providing liquidity, and voting on Balancer. 9.DApp Ecosystem — WAX Chain AtomicAssets (DApp) — As mentioned earlier in the report, AtomicAssets is an NFT asset standard built on WAX\EOS, and AtomicHub is the NFT marketplace in the ecosystem. Currently, ZosWax’s Out of This World package for the zombie game is being sold, with a total of 2,000 available. NeftyBlocks (DApp) is an NFT trading platform on the WAX blockchain. On March 28th, WAX conducted a blockchain update and released the Antelope tool, which provides a range of general tools, interfaces, APIs, and documentation resources to build Web3 games and other applications on WAX. Benefiting from the increased activity on WAX, the project has sustained UAW activity recently with no special events. 10.DApp Ecosystem — Solana Chain Meanfi (DApp) — Meanfi is a permissionless, self-hosted bank on Solana, consisting of various modules including a payment system and an aggregated DEX. The project has been a top DEFI application on Solana for a long time and has many ecosystem collaborations. There have been no recent updates. 11.DApp Ecosystem — Arbitrum Chain Arbitrum’s ecosystem data was abnormal today, therefore no statistics were conducted. 12.DApp Ecosystem — GameFi Sector Across All Chains Iskra (DApp) — A blockchain game platform built on Klaytn, as previously described. Currently running its second round of NFT tasks and will launch its third round after the end of the month. Platform’s UAW activity is extremely high. 13.Gas Fee Consumption — ETH Chain To Ethereum, with Love (NFT) — This NFT is a commemorative NFT gift from Polygon Labs that marks the Beta launch of the Polygon zkEVM mainnet. These NFTs can be minted on platforms such as fair.xyz, and there are currently over 21,000 holders. https://opensea.io/collection/to-ethereum-with-love CHZ (Token) — Chiliz, a sports and entertainment blockchain solution, announced yesterday that it will launch a new blockchain focused on sports on May 10. CHZ has been active since March: (1) on March 1, Chiliz launched the $50 million incubator and accelerator program Chiliz Labs, supported by Jump Crypto; shortly thereafter, the sports NFT platform Blockasset received an equity investment from Chiliz and shifted from Solana to Chiliz Chain 2.0; (2) on March 16, Chiliz acquired a 20% stake in the athlete memorabilia platform MatchWornShirt. https://coinmarketcap.com/currencies/chiliz/ 14.Gas Fee Consumption — BSC Chain Link3 (DApp) — Link3 is a Web3 social task network incubated by CyberConnect, where users can create their own decentralized social network by completing their on-chain and off-chain information. The project was led by investments from Binance and RedCode Capital. As Space ID was listed on Binance IEO and distributed an airdrop, the market has similar expectations for this project and user activity continues to remain high. Starting from March 17th, Link3 will release a specific theme post every week for creators to write, and each post can be converted into an NFT at a fixed price of $1. Users can pay $1 and collect the corresponding post as an on-chain NFT. 15.Gas Fee Consumption — Polygon Chain BROZO (NFT) — A highly popular NFT recently sold out shortly after it was made available on Public Mint on Polygon. It trended as the top NFT on OpenSea and has seen significant trading volume on Magic Eden. Currently, there are 3,861 holders with a floor price of 78MATIC. https://opensea.io/collection/brozo y00ts (NFT) — The well-known NFT project y00ts from the Solana ecosystem has opened migration to Polygon for NFT holders. Users who migrated within the last 24 hours have the chance to receive BTC DeGod and migration fee compensation. In addition, y00t listings on the Polygon market on Magic Eden within the first 24 hours will receive a 5 USDC reward, and there are no transaction fees for trading y00t within 30 days. 16.Gas Fee Consumption — Arbitrum Chain cbridge (DApp), (cbridge.celer.network) — cbridge supports cross-chain bridges for multiple chains, with a front-end page that integrates more than 40 chains. The platform has stable traffic, with a monthly average of 150,000 total visits and 70,000 unique visitors. 17.Twitter Trends Token Top 20 From the perspective of token popularity on Twitter trends: Tokens with significant increases in popularity: ARB, APE Newly listed tokens: ARB 18.Token Mentioned Frequency by KOLs on Twitter Super KOLs mentioned the following hot tokens: ARB, BTC, ETH Builders mentioned the following tokens: ARB, KMA KMA (Token) — Calamari Network is a community-driven testnet for the privacy-focused Manta Network project in the Polkadot ecosystem. It is also a privacy-preserving parachain on Kusama, aimed at providing on-chain privacy services to the entire Kusama DeFi network. KMA has a daily trading volume of $140,000, with moderate attention. It is essential to stay updated on this token. 19.Token Mentioned Frequency by VCs on Twitter Based on the frequency of mentions by VC firms on Twitter: USDC, BNB, SIDUS, ZEUM 20.Google Trends — Global XRP (Token) — According to a source familiar with the case, there may be an important ruling in the XRP lawsuit with the U.S. Securities and Exchange Commission (SEC) this week. The lawsuit has been ongoing for some time and the ruling will have a significant impact on the future direction of XRP. It is widely expected that if the ruling is favorable to XRP, its price may rise significantly. Conversely, if the ruling is unfavorable to XRP, its price may suffer a serious blow. Regardless of the outcome, investors should closely monitor the ruling and adjust their investment strategies accordingly. AAVE (Token) — A decentralized finance platform, Aave allows users to deposit their cryptocurrencies into smart contracts to earn interest and also allows them to borrow other crypto assets from the platform. Additionally, Aave has launched a flash loan product that allows users to borrow and return assets in an extremely short amount of time, providing an innovative solution for the decentralized finance sector. 21.Google Trends Surge — East Asia, South Asia, Southeast Asia, Hong Kong, Macau, and Taiwan a) South Asia Region India Trending Tokens: AAVE, lovehateinu (LHINU) Pre-sale of a low quality memecoin has already raised $2 million in funding. Pakistan Trending Keywords: cointelegraph, coinglass, coindesk, kucoin Pakistani users are particularly interested in cryptocurrency news websites. b) Southeast Asia Region Philippines Trending Keywords: pancakeswap, fud meaning in crypto Indonesia Trending Keywords: cftc, trust wallet Malaysia Trending Keywords: XRP Singapore Trending Tokens: XRP, ETH c) East Asia and Hong Kong, Macau, and Taiwan Trending Keywords: South Korea — jump crypto 22.Google Trends Surge — English-speaking Countries, Europe, CIS Region a) CIS Region Trending Keywords: No related trending keywords b) English-speaking Countries USA Trending Tokens: FLR Canada Trending Tokens: CRO, TONIC, XDC, XEN Australia Trending Tokens: VRA, FLOKI, CRO, GMX, XRP UK Trending Tokens: XEN, LOOP, XLM, INJ, FET, GHOST c) Europe Spain Trending Tokens: ADAX, MTV, SOL, HNT Italy Trending Tokens: CFX, DOGE, POA, HEX, BNT, FLR; France Trending Tokens: MASSA, VET, OMI, DNX Germany Trending Tokens: AAVE, PI, UNI Poland Trending Tokens: SHIB, FLOKI, HEX, XEN, XRP 23.Google Trends Surge — Middle East, Latin America, Africa a) Africa Nigeria Trending Keywords: kraken, opensea South Africa Trending Keywords: elon musk crypto, altcointrader Morocco Trending Keywords: SHIB b) Middle East Trending Keywords: bitosis c) Latin America Brazil Trending Tokens: BTC, POOCOIN, GALA, ETH Mexico Trending Keywords: XRP