Bitget Research: Pandora Leads the Surge in ERC404 Assets, Cancun Mainnet Upgrade Date to Be Announced Soon

In the past 24 hours, many new popular tokens and topics have emerged in the market, and perhaps they will be the next focus of the market.

In Summary:

1.Popular Tokens:

AINN (Token) - An AI memecoin based on the BRC-20, focusing on a Web3 community with an AI theme and exploring the impact of AI and memes. The project has a market cap of $21 million, 4976 holders, and a 24-hour on-chain trading volume of $150,000. It has been listed on multiple CEXs.

MAVIA (Token) - Developed by the Vietnamese studio Skrice Studios, Heroes of Mavia is an AAA MMO strategy game based on Ethereum. The gameplay is similar to Clash of Clans, enabling players to buy land, build bases, and battle with other players. The resource that everyone is fighting over in the game is $RUBY, serving as the main currency for earning within the Mavia ecosystem. 2.5% of MAVIA's total token supply was airdropped to 100,000 players, with on-chain claims being very popular.

DEFROGS (Token) - The first PFP picture-based ERC404 token after Pandora, currently ranked second in market cap among the concept tokens at $25 million, with a 24-hour trading volume of $25 million. The project enjoys high popularity, featuring a meme attribute that combines elements of DeGods and frogs.

CAPY (Token) - A memecoin themed around the Capybara, CAPY garnered attention after the community discovered an early post by Pandora's founder, Maybectrlfreak, supporting this memecoin, which led to rumors of them being the founder. Influenced by this, CAPY's market cap surged from $500,000 to a high of $2 million, with a 24-hour trading volume of $1.84 million.

RUG (Token) - Developed by engineers at Floor Protocol, this ERC404 token was inspired by Pandora and models its NFTs after the Flippies on Solana. The project's current market cap is $12.4 million, with a 24-hour trading volume of $9 million. The project is undergoing cross-chain development, having already established liquidity on Solana and planning to set up liquidity on the BNB chain soon.

PENDLE (Token) - Pendle's TVL skyrocketed after entering the LRT market, surpassing $900 million. The project's market cap has reached $280 million, with the total trading volume on the platform exceeding $1 billion, setting new records in all metrics and enjoying high popularity.

2.Popular NFTs:

Mavia Land (NFT) - The famous game Heroes of Mavia initiated a token airdrop on February 7, with its project NFTs providing eligibility for the airdrop, resulting in significant hype around the NFTs. The trading volume rapidly decreased after the airdrop claims phase ended.

Polyhedra 2024 (NFT) - Polyhedra Network released a new year commemorative NFT for 2024, featuring a dragon design. Each wallet address may claim one Polyhedra 2024 NFT on each of the following chains: BNB, opBNB, Arbitrum, Polygon, Optimism, and Ethereum. The community speculated about a potential airdrop, attracting significant interest from users.

3.Popular DApps:

Eigenlayer (DApp) - After removing its deposit cap on February 6, Eigenlayer's TVL surpassed $4.7 billion. EigenLayer is a middleware protocol based on Ethereum, introducing the concept of re-staking. This enables Ethereum nodes to re-stake their staked ETH or LSD tokens into other protocols or services requiring security or trust, thus earning double rewards and governance rights. It also extends the utility of the Ethereum consensus layer to various middleware, data availability layer, and sidechain protocols, enabling them to enjoy Ethereum-level security at lower costs.

LayerZero (DApp) - The cross-chain interoperability protocol LayerZero has announced the launch of its V2, with new features including universal message passing, modular security, permissionless execution, unified semantics, and V1 compatibility. It currently supports more than 20 chains, offering permissionless, censorship-resistant, and immutable interoperability.

Anichess (DApp) - Anichess is a blockchain-based international chess game developed by Animoca Brands and its subsidiary Lympo in collaboration with chess industry leader Play Magnus Group. This blockchain game features a betting and profit ecosystem. Orbs of Power, the first NFT collection in the Anichess Universe, currently has over 60,000 holders.

Wormhole (DApp) - Co-founder Robinson Burkey hinted at an imminent significant announcement for Wormhole through a post titled "Wormhole Wednesday" on the X platform. The project later revealed its tokenomics, with a total of 10 billion W governance tokens, 17% of which are allocated to the community. At the end of November 2023, Wormhole announced it had raised $225 million in funding, despite a previous theft of $326 million, attracting considerable market attention.

Stargate (DApp) - Stargate is a liquidity transfer protocol and the core project of the LayerZero ecosystem. Currently, the number of unique addresses staking its STG token has reached 1.1 million, with over 40 million STG tokens being staked. With Stargate, users and DApps can transfer native assets across multiple chains (with more to come in the future). With the launch of LayerZero V2 and an upcoming token launch, ecosystem projects are positively impacted.

Pixels (DApp) - Pixels is a blockchain-based, immersive, open-world MMO game. It leverages the power of Web3 to realize digital ownership for players and has created an engaging world where players can explore, complete tasks, and collaborate. Initially launched with core mechanics focused on farming, cooking, and questing, Pixels has gradually incorporated social features like trading, achievements, and leaderboards to foster interaction among players. Today, the project announced its launch on Binance Launchpool, along with plans for an airdrop, significantly boosting its popularity.

4.Twitter Hot Topics:

There is no data for this segment today due to anomalies in the data source.

5.Regional Trending Searches:

Wormhole (DApp) - As described in the DApp, co-founder Robinson Burkey hinted at an imminent significant announcement for Wormhole through a post titled "Wormhole Wednesday" on the X platform yesterday. The project later revealed its tokenomics, with a total of 10 billion W governance tokens, 17% of which are allocated to the community. At the end of November 2023, Wormhole announced it had raised $225 million in funding, despite a previous theft of $326 million, attracting considerable market attention.

Main Body

Written by: Bitget Research

Data collection time: February 8, 10:30 AM

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)

5) In this report, the term "Entity" refers to both Contract Account (CA) and Ethereum Original Account (EOA), and is not a result of the aggregation of actual entity addresses.

1.BTC Profile - BRC-20

AINN (Token) - An AI memecoin based on the BRC-20, focusing on a Web3 community with an AI theme and exploring the impact of AI and memes. The project has a market cap of $21 million, 4976 holders, and a 24-hour on-chain trading volume of $150,000. It has been listed on multiple CEXs.

2.Blockchain Profile - ETH Chain

2.1 User Profile

2.1.1 Core Data

Total active users on ETH: 446,936

New active users on ETH: 98,289, with a daily increase of 11.08%

Existing active users on ETH: 348,647, with a daily decrease of 2.47%

2.1.2 New User Profile

Core data: There were a total of 98,289 new active users on ETH yesterday, with a daily increase of 11.08%

Popular Sectors

Popular Projects

Key Projects:

MAVIA (Token) - Developed by the Vietnamese studio Skrice Studios, Heroes of Mavia is an AAA MMO strategy game based on Ethereum. The gameplay is similar to Clash of Clans, enabling players to buy land, build bases, and battle with other players. The resource that everyone is fighting over in the game is $RUBY, serving as the main currency for earning within the Mavia ecosystem. 2.5% of MAVIA's total token supply was airdropped to 100,000 players, with on-chain claims being very popular.

2.1.3 Existing User Profile

Core data: The number of ETH active existing users is 348,647, with a daily decrease of 2.47%

Popular Sectors

Popular Projects

Key Projects:

Eigenlayer (DApp) - After removing its deposit cap on February 6, Eigenlayer's TVL surpassed $4.7 billion. EigenLayer is a middleware protocol based on Ethereum, introducing the concept of re-staking. This enables Ethereum nodes to re-stake their staked ETH or LSD tokens into other protocols or services requiring security or trust, thus earning double rewards and governance rights. It also extends the utility of the Ethereum consensus layer to various middleware, data availability layer, and sidechain protocols, enabling them to enjoy Ethereum-level security at lower costs.

2.2 Popular Trading Pairs

2.2.1 Uniswap V2

DEFROGS (Token) - The first PFP picture-based ERC404 token after Pandora, currently ranked second in market cap among the concept tokens at $25 million, with a 24-hour trading volume of $25 million. The project enjoys high popularity, featuring a meme attribute that combines elements of DeGods and frogs.

CAPY (Token) - A memecoin themed around the Capybara, CAPY garnered attention after the community discovered an early post by Pandora's founder, Maybectrlfreak, supporting this memecoin, which led to rumors of them being the founder. Influenced by this, CAPY's market cap surged from $500,000 to a high of $2 million, with a 24-hour trading volume of $1.84 million.

2.2.2 Uniswap V3

RUG (Token) - Developed by engineers at Floor Protocol, this ERC404 token was inspired by Pandora and models its NFTs after the Flippies on Solana. The project's current market cap is $12.4 million, with a 24-hour trading volume of $9 million. The project is undergoing cross-chain development, having already established liquidity on Solana and planning to set up liquidity on the BNB chain soon.

2.3 Popular NFTs

2.3.1 Top NFT Collections

Mavia Land (NFT) - The famous game Heroes of Mavia initiated a token airdrop on February 7, with its project NFTs providing eligibility for the airdrop, resulting in significant hype around the NFTs. The trading volume rapidly decreased after the airdrop claims phase ended.

3.Blockchain Profile - BSC

3.1 User Profile

3.1.1 Core Data

Total active users on BSC: 1,327,756

New active users on BSC: 218,784, with a daily increase of 13.98%

Existing active users on BSC: 1,108,972, with a daily decrease of 2.42%

3.1.2 New User Profile

Core data: There were a total of 218,784 new active users on BSC yesterday, with a daily increase of 13.98%

Popular Sectors

Popular Projects

Key Projects:

TinyTap Game Events Contract (DApp) - TinyTap is a vast library of games created by educators. Now under the umbrella of Animoca Brands, the project is dedicated to forging an open, blockchain-driven educational ecosystem. Animoca Brands has announced plans to purchase additional EDU tokens from the open market. Binance Labs invested $3.15 million in the Web3 education protocol Open Campus, bringing significant traffic to the Web3 education sector.

3.1.3 Existing User Profile

Core data: The number of BSC active existing users is 1,108,972, with a daily decrease of 2.42%

Popular Sectors

Popular Projects

Key Projects:

QnA3.AI (DApp) - A Web3 knowledge-sharing platform based on AI, QnA3.AI has garnered widespread attention on the BNB Chain. The project has initiated a data mining mode, where users can join and use idle computing resources on their devices for tasks like data cleaning and scraping. Contributors of computing power are rewarded with points.

3.2 Popular Trading Pairs

3.2.1 PancakeSwap V2

PancakeSwap is predominantly filled with replica projects, posing significant risks that require caution.

4.Blockchain Profile - Polygon Chain

4.1 User Profile

4.1.1 Core Data

Total active users on Polygon: 745,698

New active users on Polygon: 157,655, with a daily increase of 1.99%

Existing active users on Polygon: 588,043, with a daily decrease of 2.08%

4.1.2 New User Profile

Core data: There were a total of 157,655 new active users on Polygon yesterday, with a daily increase of 1.99%

Popular Sectors

Popular Projects

Key Projects:

Smartcat (DApp) - An NFT project launched by Smart Layer, which has very high on-chain popularity. Users can interact with Smartcat NFTs by feeding and cleaning them, and the level of interaction is notably high.

4.1.3 Existing User Profile

Core Data: The number of Polygon active existing users is 588,043, with a daily decrease of 2.08%

Popular Sectors

Popular Projects

Key Projects:

Galxe (DApp) - Galxe supports a variety of data sources, including both on-chain and off-chain. For on-chain credentials, curators can contribute through subgraph queries or static snapshots. For off-chain credentials, Project Galaxy has integrated with platforms like Snapshot.org, Twitter, and Github. This support for diverse data sources enables Project Galaxy to more broadly collect and utilize data.

4.2 Popular Trading Pairs

4.2.1 Uniswap V3

There are no new popular assets on Polygon DEXs.

5.Blockchain Profile - Arbitrum Chain

5.1 User Profile

5.1.1 Core Data

Total Active Users on Arbitrum: 172,656

New Active Users on Arbitrum: 30,101, with a daily increase of 16.46%

Existing Active Users on Arbitrum: 142,555, with a daily increase of 5.16%

5.1.2 New User Profile

Core data: There were a total of 30,101 new active users on Arbitrum yesterday, with a daily increase of 16.46%

Popular Sectors

Popular Projects

Key Projects:

Polyhedra 2024 (NFT) - Polyhedra Network released a new year commemorative NFT for 2024, featuring a dragon design. Each wallet address may claim one Polyhedra 2024 NFT on each of the following chains: BNB, opBNB, Arbitrum, Polygon, Optimism, and Ethereum. The community speculated about a potential airdrop, attracting significant interest from users.

5.1.3 Existing User Profile

Core data: The number of Arbitrum active existing users is 142,555, with a daily increase of 5.16%

Popular Sectors

Popular Projects

Key Projects:

Woofi (DApp) - The cryptocurrency trading platform WOO X completed a $9 million financing round to improve liquidity. Investors include Wintermute, Time Research, Presto Labs, Pulsar, AlphaLab Capital, Efficient Frontier, Amber, and Riverside Hedge. Only market makers, rather than traditional venture capital funds, participated in this round, to boost WOO X's liquidity.

5.2 Popular Trading Pairs

5.2.1 Uniswap V3

PENDLE (Token) - Pendle's TVL skyrocketed after entering the LRT market, surpassing $900 million. The project's market cap has reached $280 million, with the total trading volume on the platform exceeding $1 billion, setting new records in all metrics and enjoying high popularity.

6.Blockchain Profile - Base Chain

6.1 User Profile

6.1.1 Core Data

Total Active Users on Base: 95,009

New Active Users on Base: 14,772, with a daily decrease of 35.77%

Existing Active Users on Base: 80,237, with a daily increase of 3.78%

6.1.2 New User Profile

Core data: There were a total of 14,772 new active users on Base yesterday, with a daily decrease of 35.77%

Popular Sectors

Popular Projects

Key Projects:

Layer3 CUBE (NFT) - Layer3 CUBE (Credentials to Unify Blockchain Events) is a multi-chain certification standard that authenticates digital experiences across DeFi, NFTs, gaming, and social domains. Designed for a wide range of applications, CUBE enables seamless integration and data analytics in the evolving crypto landscape.

6.1.3 Existing User Profile

Core data: The number of Base active existing users is 80,237, with a daily increase of 3.78%

Popular Sectors

Popular Projects

Key Projects:

LayerZero (DApp) - The cross-chain interoperability protocol LayerZero has announced the launch of its V2, with new features including universal message passing, modular security, permissionless execution, unified semantics, and V1 compatibility. It currently supports more than 20 chains, offering permissionless, censorship-resistant, and immutable interoperability.

7. DApp Ecosystem - All Chains

Yuliverse (DApp) - Yuliverse has established a new investment partnership with DWF Labs. Yuliverse is a free-to-play blockchain metaverse game that combines GameFi and SocialFi elements, utilizing NFTs and the cryptocurrencies ARG and ART. It enhances social interaction and engagement and allows players to explore the real world and build connections. Yuliverse's game mechanics include elements of earning potential, providing a unique gaming experience for players.

8.DApp Ecosystem - ETH Chain

Eigenlayer (DApp) - After removing its deposit cap on February 6, Eigenlayer's TVL surpassed $4.7 billion. EigenLayer is a middleware protocol based on Ethereum, introducing the concept of re-staking. This enables Ethereum nodes to re-stake their staked ETH or LSD tokens into other protocols or services requiring security or trust, thus earning double rewards and governance rights. It also extends the utility of the Ethereum consensus layer to various middleware, data availability layer, and sidechain protocols, enabling them to enjoy Ethereum-level security at lower costs.

9.DApp Ecosystem - BSC

Playbux (DApp) - Playbux is a project that combines e-commerce with a metaverse platform. It offers a store and profit system that allows users to shop from global merchants and earn cashback rewards. The platform aims to integrate existing exchanges, lending platforms, and NFTs so customers can access all services in one place. By leveraging mobile accessibility, Playbux positions itself as the most accessible metaverse where users can earn Playbux tokens by receiving cashback on any purchase.

10.DApp Ecosystem - Polygon Chain

Anichess (DApp) - Anichess is a blockchain-based international chess game developed by Animoca Brands and its subsidiary Lympo in collaboration with chess industry leader Play Magnus Group. This blockchain game features a betting and profit ecosystem. Orbs of Power, the first NFT collection in the Anichess Universe, currently has over 60,000 holders.

11.DApp Ecosystem - Solana Chain

Wormhole (DApp) - Co-founder Robinson Burkey hinted at an imminent significant announcement for Wormhole through a post titled "Wormhole Wednesday" on the X platform. The project later revealed its tokenomics, with a total of 10 billion W governance tokens, 17% of which are allocated to the community. At the end of November 2023, Wormhole announced it had raised $225 million in funding, despite a previous theft of $326 million, attracting considerable market attention.

12.DApp Ecosystem - Arbitrum Chain

RabbitHole (DApp) - RabbitHole has recently aggregated all tasks offered through the Quest Protocol, enabling users to earn tokens by engaging with crypto applications. The project is experiencing high levels of interaction, which may be related to a potential token launch, making it an attractive option for engagement.

13.DApp Ecosystem - Base Chain

Stargate (DApp) - Stargate is a liquidity transfer protocol and the core project of the LayerZero ecosystem. Currently, the number of unique addresses staking its STG token has reached 1.1 million, with over 40 million STG tokens being staked. With Stargate, users and DApps can transfer native assets across multiple chains (with more to come in the future). With the launch of LayerZero V2 and an upcoming token launch, ecosystem projects are positively impacted.

14.DApp Ecosystem - GameFi Sector Across All Chains

Pixels (DApp) - Pixels is a blockchain-based, immersive, open-world MMO game. It leverages the power of Web3 to realize digital ownership for players and has created an engaging world where players can explore, complete tasks, and collaborate. Initially launched with core mechanics focused on farming, cooking, and questing, Pixels has gradually incorporated social features like trading, achievements, and leaderboards to foster interaction among players. Today, the project announced its launch on Binance Launchpool, along with plans for an airdrop, significantly boosting its popularity.

15.Gas Fee Consumption - ETH Chain

Mavia Land (NFT) The famous game Heroes of Mavia initiated a token airdrop on February 7, with its project NFTs providing eligibility for the airdrop, resulting in significant hype around the NFTs.

16.Gas Fee Consumption - BSC

QnA3 (DApp) - A Web3 knowledge-sharing platform based on AI, QnA3.AI has garnered widespread attention on the BNB Chain. The project has initiated a data mining mode, where users can join and use idle computing resources on their devices for tasks like data cleaning and scraping. Contributors of computing power are rewarded with points.

17.Gas Fee Consumption - Polygon Chain

Smartcat (NFT) - An NFT project launched by Smart Layer, which has very high on-chain popularity. Users can interact with Smartcat NFTs by feeding and cleaning them, and the level of interaction is notably high.

18.Gas Fee Consumption - Arbitrum Chain

RabbitHole (DApp) - RabbitHole has recently aggregated all tasks offered through the Quest Protocol, enabling users to earn tokens by engaging with crypto applications. The project is experiencing high levels of interaction, which may be related to a potential token launch, making it an attractive option for engagement.

19.Gas Fee Consumption - Base Chain

There are currently no new popular projects with high gas fees on Base.

20.Top Trending Tokens on Twitter

There is no data for this segment today due to anomalies in the data source.

21.Google Trends - Global

Wormhole (DApp) - Co-founder Robinson Burkey hinted at an imminent significant announcement for Wormhole through a post titled "Wormhole Wednesday" on the X platform yesterday. The project later revealed its tokenomics, with a total of 10 billion W governance tokens, 17% of which are allocated to the community. At the end of November 2023, Wormhole announced it had raised $225 million in funding, despite a previous theft of $326 million, attracting considerable market attention.

22.Google Trends Surge - East Asia, South Asia, Southeast Asia, Hong Kong, Macau, and Taiwan

a) South Asia Region

India Trends: CMC, Polygon, Dymension, wormhole

Pakistan Trends: Crypto exchange, CGC, BTC

b) Southeast Asia Region

Vietnam Trends: crypto trading, crypto gaming, jump trading

Philippines Trends: cmc

Singapore Trends: Jupiter, OALS

Indonesia Trends: SOL, airdrop

c) East Asia

Trends: Crypto news, crypto bubble

23.Google Trends Surge - English-speaking Countries, Europe, CIS Region

a) CIS Region

Trends: airdrop, cmc, tradingview, dymension, blast

b) English-speaking Countries

Australia Trends: monad, tao, ens, icx, osmosis, luna, polygon

UK Trends: dym, xmr, kas, monero

USA Trends: xmr, dym, trump, acs, lisk, propy

Canada Trends: depin, kaspa, tao, monero, pendle

c) Europe

France Trends: xmr, dym, neutron, pork, chr

Poland Trends: dym, xen, mavia, xai, xmr, shib

Switzerland Trends: kaspa, link, tao, cmc, grt, trx

Türkiye Trends: monad

Germany Trends: ethereum, bitget, airdrop, celestia

Italy Trends: id, monero, xrp, pi, ondo, xmr

Belgium Trends: atom, ondo, xmr, xen, celestia

Spain Trends: ada, sui, dym, bonk, osmosis, airdrop

24.Google Trends Surge - Middle East, Latin America, Africa

a) Africa

South Africa Trends: Betting, simplex, cgc, stake

Nigeria Trends: icp, tesla

b) Middle East

Trends: crypto bubble, btc

c) Latin America

Brazil Trends: Monero, agix, pancake, dym, solana, xrp, trx, xmr

Argentina Trends: dym, optimism, aqua, id, nexo, solana

Mexico Trends: crypto news, solana

Reference Links

Dune On-Chain Data Dashboard - Blockchain Profile: https://dune.com/bitgetresearch/bitgetreseach-chains-overview

Dune On-Chain Data Dashboard - Gas Consumption: https://dune.com/bitgetresearch/gas-overview