Leverage Protocol (LEVX) news

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 Bites (January 13, 2023)

The global market cap is standing at US$905 billion, showing a 1.69% increase from yesterday and the 24-hour volume also went up by 32.14% to US$58.26 billion. Our report on activities of the Spot Market and Futures Market are below: Spot Market Updates Bitcoin has been trading between US$18,989.18 and US$17,912.99 within the last 24 hours. As of 3:30 AM UTC, BTC price stands at US$18,830.22, which is a 3.40% increase compared to Ethereum's 0.56% increase. Altcoin prices are seeing green, with XRP (-0.02%) being the only altcoin in the Top 10 trading above the volume of US$1 billion. The highest price and lowest price levels of BGB in the last 24 hours were US$0.1901 and US$0.1826, respectively. The Top 3 Gainers of The Day are Gearbox (GEAR), Rally (RLY), and Tamadoge (TAMA): 1st Place GEARUSDT: Up by 18.03% Gearbox is a composable leverage protocol that improves capital efficiency within DeFi by enabling users access to leverage on essentially any protocol. GEAR is trading at a current market price of US$0.01191, having touched a high of US$0.01228 and a low of US$0.00894 in the past 24 hours. 2nd Place RLYUSDT: Up by 9.6% Rally is a social token-oriented protocol that allows creators to launch their own token and build a digital economy around their work. RLY is trading at a current market price of US$0.012404, having touched a high of US$0.014201 and a low of US$0.010661 in the past 24 hours. 3rd Place TAMAUSDT: Up by 9.26% Tamadoge is the gateway token of the Tamaverse. TAMA is trading at a current market price of US$0.015395, having touched a high of US$0.015999 and a low of US$0.0123 in the past 24 hours. Meanwhile, the Top 3 Losers include BONKUSDT (-31.53%), VRAUSDT (-15.31%), and KINUSDT (-8.50%). Futures Market Updates Future activities are heating up, with the Open Interest (OI) of all cryptocurrencies now recorded at US$4.50 billion, equivalent to a 4.45% 24-hour increase. The aggregated futures volume saw a 37.62% increase to US$790 billion. Bitcoin remained the most popular underlying asset for Futures traders and, obviously, the most liquid market: Bitcoin OI Dominance accounts for 64% of the total OI, now standing at US$2.92 billion, which shows a 4.95% increase from yesterday. The daily volume of Bitcoin contracts increased by 27.86% to US$286,778.53. Funding rate of the last cycle stands at 0.0000%. Bitcoin Long/Short Ratio reflects the market sentiment on this flagship coin, now bullish at 63.73%/36.27%. Most BTC long ETFs locked in a price increase yesterday, but that's not the case for the highly anticipated ProShares' BTCUSDT">BTCUSDT">Short Bitcoin Strategy ETF (BITI), which closed the day at US$34.09 from the opening price of US$36.09. Interesting Topics The Ultimate Guide to Bitget Spot Copy Trading Trading Strategy: Dead Cat Bounce Bull Bear: Animals in the Financial Markets Trending Events [Big Bomb!] Bitget Spot Copy Trading Feature is now Live: Come to Grab a Share of 10,000 USDT Sign Up Now! Share $200,000 Bonus Bitget x Jesse Promotion: Share $30,000 in Trading Bonuses! Join Bitget Global Telegram Group (New), Win 5500 USDT Join Bitget Hero Trader Awards 2022 AMA, Win BGB and Hero Trader NFTs Rewards Galore! Trading Bonuses 90,000 BGB! Bitget Will List Chrono.tech (TIME) in the Innovation Zone - Share $10,000 Worth of Rewards! Bitget Launchpool is LIVE: $50,000 in TIME Prize to Win Starred with Chrono.tech (TIME)! Bitget Will List Gains Network (GNS) in the Innovation Zone - Share $10,000 Worth of Rewards! VIP Earn Rewards for New Year: 3x APR, Free VIP Privileges! Anybody can be a Merchant on Bitget P2P and Earn 125$ in Weekly rewards! Bitget Elite Recruitment! Try out Spot Margin Trading and Get an Airdrop Broker’s Special - 100% Rebate for Limited Time Only! Get 3$ Free on your first P2P trade on Bitget P2P! Bitget Officially Launches New Phase of Shark Fin! [Bitget VIP] Free To Claim Your New Year Gifts Learn to Earn: Learn Copy Trading Take the Quiz to Get 20 BGB Hero Trader Awards 2022 is Live! Vote to Win Limited Edition NFTs! Bitget Partners with TealStreet; Plus, Register, trade for up to $8000 bonus！ Follow Us For More Insights: Twitter | Telegram | LinkedIn | Facebook | Instagram

Bitget Bites (December 28, 2022)

The global market cap is standing at US$802 billion, showing a 1.38% decrease from yesterday but the 24-hour volume went up by 27.12% to US$28.07 billion. Our report on activities of the Spot Market and Futures Market are below: Spot Market Updates Bitcoin has been trading between US$16,890.53 and US$16,576.09 within the last 24 hours. As of 3:30 AM UTC, BTC price stands at US$16,602.41, which is a 1.64% decrease compared to Ethereum's 2.37% decrease. Altcoin prices are seeing red, with no altcoin in the Top 10 trading above the volume of US$1 billion. The highes t price and lowest price levels of BGB in the last 24 hours were US$0.1814 and US$0.1781, respectively. The Top 3 Gainers of The Day are iExec (RLC), Gearbox (GEAR), and Tornado Cash (TORN): 1st Place RLCUSDT: Up by 5.88% iExec is the leading provider of blockchain-based decentralized computing. RLC is trading at a current market price of US$1.4261, having touched a high of US$1.4326 and a low of US$1.3053 in the past 24 hours. 2nd Place GEARUSDT: Up by 5.73% Gearbox is a composable leverage protocol that improves capital efficiency within DeFi by enabling users access to leverage on essentially any protocol. GEAR is trading at a current market price of US$0.01457, having touched a high of US$0.01545 and a low of US$0.01297 in the past 24 hours. 3rd Place TORNUSDT: Up by 5.73% Tornado Cash is a decentralized, non-custodial privacy solution built on Ethereum. TORN is trading at a current market price of US$4.076, having touched a high of US$4.345 and a low of US$3.637 in the past 24 hours. Meanwhile, the Top 3 Losers include MITHUSDT (-17.56%), MIRUSDT (-17.02%), and CYCLUBUSDT (-16.81%). Futures Market Updates Future activities are warming up, with the Open Interest (OI) of all cryptocurrencies now recorded at US$3.53 billion, equivalent to a 3.35% 24-hour decrease. The aggregated futures volume saw a 78.62% increase to US$514 billion. Bitcoin remained the most popular underlying asset for Futures traders and, obviously, the most liquid market: Bitcoin OI Dominance accounts for 66% of the total OI, now standing at US$2.35 billion, which shows a 4.82% decrease from yesterday. The daily volume of Bitcoin contracts increased by 30.54% to US$147,039.78. Funding rate of the last cycle stands at 0.0000%. Bitcoin Long/Short Ratio reflects the market sentiment on this flagship coin, now bearish at 36.33%/63.67%. Most BTC long ETFs locked in a price increase yesterday, same goes for the highly anticipated ProShares' Short Bitcoin Strategy ETF (BITI), which closed the day at US$40.06 from the opening price of US$39.59. Interesting Topics The Crypto Burrito (Volume I): Ethereum Merge Comprehensive Manual to Bitget MegaSwap Advantages of P2P Trading Simply create an account, and start exploring the incredible Bitget-Verse today!