Alien (ALIEN) news

Today's Hamster Kombat Daily Combo Cards for September 5, 2024

Only 20 days remaining! Seize the opportunity to accumulate extra coins with Daily Combo Cards. Let's check out the Today's Hamster Kombat Daily Combo Cards for September 5, 2024, along with the Flash Thursday deals on Bitget. But first, make sure to sign up on Bitget to claim our latest exclusive rewards today. Sign up now to claim a welcome pack of 6200 USDT! Key Takeaways Today's Hamster Kombat Daily Combo Cards for September 5, 2024: check out below. New Daily Reward: updated interface for counting down to the Airdrop Date. New Skin Available: Xenomorfy Hamster. Flash Thursday: Zero fees on crypto purchases with credit/debit card. How to Earn 5 Million Coins With Daily Combo Cards? Each day presents the chance to participate in the Daily Combo Card challenge. This involves picking the correct trio of cards from diverse categories such as PR Team, Legal, Web3, and Specials. Successfully selecting the right combination can fetch you up to 5 million Hamster Coins, crucial for enhancing your cryptocurrency exchange within the game. As specific card combinations vary daily, it's vital to check in regularly to stay updated. Today's Hamster Kombat Daily Combo Cards for September 5, 2024 Three Daily Combo Cards are: Partnership program, Margin trading x100, and Data Center Tokyo. Countdown to Airdrop: Introducing Enhanced Daily Rewards Interface Hamster Kombat is always introducing new and exciting features for its players. Today, when you log into the game, you'll immediately notice the Daily Reward table, which includes a countdown to the Airdrop Date. This new feature adds an extra layer of excitement, providing the chance to earn more rewards, keys, and skins without any missed opportunities. The original Daily Reward feature can be found in the "Earn" tab, but some players may have overlooked the daily logins, only receiving coins without any keys or skins. The new interface is a great way to keep track of rewards and anticipate the Airdrop date. Introducing the Xenomorfy Hamster Skin: Unveiling Hamster Latest Addition Interested in trying out the new skin? We'll be adding even more skins featuring a wide variety of themes from diverse universes. Today, they're introducing the Xenomorfy Hamster skin, a mysterious alien that science has yet to fully understand. Stay tuned for more exclusive and intriguing skins coming soon! Flash Thursday Special: Zero Fees for Crypto Purchases with Credit/Debit Card Today is Thursday! Bitget is offering zero-fee crypto purchases every Thursday using a credit or debit card with local fiat currency. The promotion period is every Thursday from 8:00 PM to Friday 8:00 PM (UTC+8). To participate, you need to sign up or log in to your Bitget account, select Credit/Debit Card as your payment method, complete identity verification, enter your card details, and complete your fiat-to-crypto transactions instantly. Sign up and enjoy our zero fees! Additionally, Bitget is offering a new savings campaign for new users from September 4, 2024 to September 21, 2024. The campaign applies to USDT with a 7-day term and a 50% APR, with a personal quota of 1,000 USDT. New users can also earn a 5 trading bonus by downloading the Bitget App and making a minimum deposit of 50 USDT. Additionally, the Fixed Savings subscription funds will automatically transfer to Flexible Savings products after maturity to continue earning interest. Users in South Asia who successfully subscribe to the product can participate, and redemptions are available at any time after the subscription. Further instructions can be found in the Beginner's Guide to Bitget Flexible Savings and the Introduction to Bitget Fixed Savings.

SpaceCatch (CATCH): The Next Generation of AR Gaming

What is SpaceCatch (CATCH)? SpaceCatch (CATCH) an AR GameFi developed by Pixelfield. SpaceCatch blends cutting-edge AR technology with complex AI to create an immersive gaming universe. Players take on the role of "Catchers," tasked with protecting the human Metaverse from alien invasions. Using their mobile devices, players immerse themselves in AR battles in their own backyards, strategically defeating aliens and earning rewards along the way. How SpaceCatch (CATCH) Works Augmented Reality One of the core aspects of SpaceCatch is its implementation of advanced AR technology, which transforms players' surroundings into immersive battlegrounds. Armed with their smartphones, players embark on a quest to capture aliens, utilizing real-world locations as their battlefield. This innovative approach not only enhances gameplay but also encourages players to explore their surroundings and stay physically active. AI Integration To further enhance player engagement, SpaceCatch employs custom-made quests powered by AI. These quests are tailored to individual player habits, offering personalized challenges and rewards. Additionally, an AI companion guides players through the game, providing assistance and keeping them immersed in the adventure. Move-to-Earn Mechanics Unlike traditional games, where progress is solely based on in-game achievements, SpaceCatch introduces a groundbreaking concept known as "move-to-earn." Players are rewarded for engaging in physical activities such as walking, running, or swimming, as these actions generate valuable NFT boosters essential for in-game progression. By incorporating real-world exercise into gameplay, SpaceCatch promotes a healthy and active lifestyle while providing players with tangible rewards. Earning Opportunities SpaceCatch offers various earning opportunities beyond traditional gameplay. Players can build and customize their avatars, sell or rent NFTs and boosters, and participate in mini-games to monetize their gaming experience. Whether through physical activity or strategic trading, players have the flexibility to choose their earning and playing strategies, adding depth and versatility to the game. Collaborative Gameplay In SpaceCatch, teamwork is key to success. Players can collaborate with friends to defend main hubs, participate in collaborative alien invasions, and exchange items for mutual benefit. This social aspect adds depth to the gaming experience, fostering a sense of community among players. Sustainable Gaming SpaceCatch prioritizes sustainability, both in terms of gameplay and economic models. NFT boosters, earned through physical activity, fuel the game's economy and drive player engagement. These boosters cannot be directly purchased, ensuring a fair and dynamic marketplace where players of all skill levels can participate. Additionally, the burning mechanism ensures a continuous demand for boosters, encouraging ongoing player activity and contributing to the game's long-term sustainability. CATCH Goes Live on Bitget With CATCH representing the success of the SpaceCatch game and serving as the primary token for all in-game transactions, its value is set to soar as the game attracts a larger user base. As the backbone of the SpaceCatch ecosystem, CATCH offers a multitude of utility functions, including immediate recovery of health/tools, participation in in-game lotteries, access to premium missions and NFT boxes, and engagement in auctions and events. Don't miss out on this chance to invest in the future of gaming with CATCH on Bitget as CATCH is officially listed on March 28. How to Trade CATCH on Bitget Step 1: Go to CATCHUSDT spot trading page Step 2: Enter the amount and the type of order, then click Buy/Sell. By incentivizing physical activity and fostering a sustainable gaming ecosystem, SpaceCatch redefines what it means to play and earn in the digital age. Whether you're a casual player looking for adventure or a seasoned gamer seeking new challenges, SpaceCatch offers an immersive and rewarding experience unlike any other. Trade CATCH on Bitget now! 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.

Top 5 Most Valuable Bitcoin Ordinals Collections That Are Leading the Market

The rise of Bitcoin Ordinals has sparked widespread interest and, consequently, resulted in a surge in usage, fees, and storage demands within the Bitcoin network. It presents a potential avenue for expanding the utility of Bitcoin beyond its role as a mere "store of value." Since its inception in January 2023, an impressive US$11.8 million inscriptions have been generated. In this article, we explore the five most valuable collections that have emerged, shedding light on their significance and contribution to the broader applications of this groundbreaking protocol. While the criteria for “valuable” may differ from one to another, here we decide to take into consideration such factors as total volume, price, and community recognition over time. Bitcoin Rocks The first collection we would like to present is Bitcoin Rocks. This project drew inspiration from the groundbreaking Ethereum NFT project called Ether Rocks. Created by the artist Rocktoshi21, Bitcoin Rocks consists of a series of unique digital rocks, with the very first rock minted at Inscription 71, paying homage to the inaugural rock of the Ether Rocks collection. With exclusivity at its core, Bitcoin Rocks comprises a limited collection of only 100 NFTs, each possessing its own distinctive features. The astonishing value of these digital gems is exemplified by their listings, with some commanding prices as high as 1,000 BTC, equating to a staggering value of over US$26 million at the time of writing. Even the lowest bid on Ordinals Wallet currently stands at an impressive 8 BTC, amounting to over US$208,000. All 100 Bitcoin Rocks (Source: odrocks) TwelveFold TwelveFold makes a name for itself right from the beginning because it is an ordinals collection created by the team behind the famous Bored Ape Yacht Club, Yuga Lab. Within the limited total supply of 300 inscriptions, a stunning amalgamation of generative abstract art unfolds with surreal-looking 3D features. The TwelveFold collection aspires to delve into the captivating interplay between time, mathematics, and the ever-evolving blockchain landscape. The concept draws inspiration from the fact that 144 blocks of Bitcoin are mined daily, so each piece within the collection takes form as a 12x12 grid, aptly earning its distinguished moniker, “TwelveFold”. The auction that unveiled this extraordinary collection unfolded over a 24-hour period, commencing on March 6, 2023. In this auction, 288 pieces were available for bidding, attracting 3,246 bids, with winning bidders investing substantial sums ranging from US$50,000 to over US$150,000 for a single piece. At the time of writing, a TwelveFold piece can cost up to 10 BTC, which is more than US$260,000. 3 inscriptions within the TwelveFold collection (Source: Ordiscan) Taproot Wizards Taproot Wizards is an ordinals collection conceived and crafted by the independent Web3 developer, Udi Wertheimer. Each wizard in this collection, starting from Inscription 652, has been hand-drawn by Udi himself, creating an unparalleled collection of digital artifacts. According to the manifesto, Taproot Wizards says that they are a passionate group of individuals who aim to reignite the spark that made Bitcoin truly magical by rebuilding the Wizard Village, a virtual community where Bitcoin enthusiasts can gather and immerse themselves in the enchanting world of Taproot Wizards. The collection consists of 2105 unique creations. All sales of NFTs in the collection are facilitated through Taproot Wizards Discord, where collectors and enthusiasts can gather, engage in discussions, and explore the project. Taproot Wizards collection (Source: Ordiscan) Since Taproot Wizards, a lot of copycat collections have been created, such as Taproot Punks, Taproot Cows, Taproot Shrooms, you name it. Bitcoin Punks CryptoPunks is a legendary NFT collection and it’s only natural that people want to recreate it on the Bitcoin blockchain once Ordinals allows NFT creation. Interestingly, two collections bearing the same name, Bitcoin Punks, have emerged, each offering a somewhat different interpretation of the original one. The first Bitcoin Punks, proudly announcing on its official Twitter as “the first 10k NFT collection on Ordinals”, presents a fresh perspective on the beloved CryptoPunks theme. Consisting of an impressive 10,000 Punks, these digital artworks feature a light orange background and a wider array of characters and expressions, offering a truly diverse ensemble. The entire collection has already been minted, and avid collectors have eagerly begun buying and selling these unique NFTs. Notably, a passionate collector recently acquired two alien Punks and six ape Punks for a noteworthy sum of 3.25 BTC (equivalent to US$84,500). As demand escalates, the bidding price for a Bitcoin Punks NFT can skyrocket, reaching remarkable figures such as 300 BTC (about US$7.8 million). Orange-themed Bitcoin Punks (Source: Bitcoin Punks Website) On the other hand, the second Bitcoin Punks collection, known as Bitcoin Punks i2, also is a 10,000-profile picture collection. The bidding price for a Bitcoin Punks i2 NFT can surge to impressive heights, reaching up to 50 BTC (approximately US$1.3 million). A Bitcoin Punks i2 can go up to 50 BTC per NFT (Source: Ordinal Wallets) Ordinals Punks Ordinal Punks is another collection that pays homage to the renowned CryptoPunks phenomenon. It is the most popular Ordinals collection, standing as an exclusive and highly sought-after collection comprising just 100 inscriptions. These unique NFTs were brought to life through a generative profile picture (PFP) collection, presenting captivating 192x192 pixel images. The mastermind behind this creation is none other than the Web3 creator, FlowStay, who employed an open-source algorithm to produce these pieces. Ordinal Punks is the biggest Ordinals collection (Source: CoinGecko) In order to accommodate the infrastructure requirements of Bitcoin, the management of bids and asks for these NFTs is facilitated through a Google Sheet. Acting as a trusted intermediary, the project's creator assumes the role of an escrow agent, ensuring secure transactions and providing peace of mind for participants within the Ordinal Punks community on Discord. The allure and scarcity of the Ordinal Punks have led to significant interest from collectors and enthusiasts alike. Presently, the lowest bid for an Ordinal Punk on Ordinals Wallet stands at an impressive 10 BTC (approximately US$260,000), underscoring the value attributed to these digital artifacts. On the other end of the spectrum, the most sought-after piece, Ordinal Punk 78, commands an astonishing asking price of 50 BTC (approximately US$1.3 million), reflecting the exceptional demand and desirability surrounding this particular artwork. Notably, a recent transaction involving a buyer named dingaling witnessed the acquisition of seven of these captivating Punks for a substantial sum of 15.2 BTC (approximately US$395,200), further solidifying their value and prominence within the marketplace. Bitget, with a whopping US$10 billion in daily trading volume and more than 20 million loyal users from 100 countries, we value users and strive to give you the most intuitive experience. We proudly introduce the Inscription price page, a one-stop resource with comprehensive data and analytics, enabling you to make well-informed decisions. Visit Bitget Inscription Price Page! 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: US Debt Ceiling Crisis Resolved, Cryptocurrencies Enter Phase of Recovery

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: Bitcoin (Token) — According to US media reports on May 28th, representatives of the White House and Republicans in the US have reached a preliminary agreement on the debt ceiling issue. Subsequently, Bitcoin (BTC) started to rise, moving from US$26,000 back to US$28,000 again. Ethereum (ETH) also followed the rise. Some altcoins, which experienced a significant drop earlier, had a strong rebound, such as ARB speculating on the Cancun concept, and EDU which recently released positive news regarding NFTs. It is essential to observe whether BTC can stabilize above US$27,500. If it can maintain this level, there is a chance that a more sustained rebound may occur in the market. BIAO (Token) — This is a memecoin that had its TGE just a day ago. Its contract has potential mint and blacklist functions. The 24-hour trading volume is currently at US$58.4 million, but almost US$30 million was completed by MEV Bot, and there are only 267 unique participants in the project. The total market cap of the project is currently at US$150 million, while the liquidity pool depth is at US$180,000. The token’s trend is highly controlled, indicating that participation comes with certain risks. MOGUTO (Token) — This is a memecoin from the Mushroom Head community. It launched on DEX after its TGE yesterday, and plummeted after a short pump, resulting in an unrealized loss for holders. The token contract is secure, with a fully diluted valuation of US$270,000, liquidity pool depth of US$52,000, and trading volume of US$5.8 million. It is essential to observe its performance and whether there is any capital inflow that could trigger a second upward price movement. 0xM (Token) — 0xmeme’s trend is relatively weak. It experienced a short pump after its TGE and then plummeted. Currently, its 24-hour trading volume is US$2.3 million. The token’s price decline is rather severe, requiring a capital inflow to create a second upward price movement. RFD (Token) — Refund Coin was launched by the CryptoPunk NFT billionaire blurr.eth. The blurr account holds assets worth more than US$20 million on-chain. The project’s current on-chain liquidity is US$13.1 million, and the trading volume in the last 24 hours is US$9 million, with 814 unique participants. The token has been listed on Bitget. AGB (Token) — Apes Go Bananas is a memecoin driven by BAYC and HAPE, with a potentially high ceiling. The token currently has a 24-hour trading volume of US$5.1 million, 837 unique participants, on-chain liquidity of US$800,000, and a fully diluted valuation of US$11.7 million. AGB just had its TGE 12 days ago and is currently experiencing positive momentum. It is essential to stay updated on this token. BTC.b (Token) — Issued by Layerzero, BTC.b is an multi-chain asset, pegged to Bitcoin, and currently released on the BSC chain. Trader Joe subsequently announced that it will provide trading liquidity for BTC.b. Layerzero’s multi-chain assets can better integrate Bitcoin assets into the EVM ecosystem, offering a wide range of use cases. It is essential to stay updated on this token. FIFA Claim Contract (Token) — Based on the on-chain interactions, users can apply to the project to obtain FIFA tokens, with the claim value currently around US$3–4. A large number of claims have resulted in a significant drop in the token’s value, with a 14% decrease in the last 24 hours. Participation in the project can yield corresponding rewards, making it an essential token to stay updated on. LOYAL (0x4d44, Token) — The contract has potential mint and blacklist functions, and the token’s TGE was two days ago. The current 24-hour trading volume is US$14.3 million, but there are only 311 unique participants. The project’s total market cap is US$1.29 billion, which is quite high. The liquidity pool is only US$229,000, making the token’s price easy to manipulate. 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 professionally designed, and the platform already has usable products. The token has performed well in the past few days, with a 24-hour trading volume of US$1.1 million. The total market cap of the project is US$80.8 million, indicating limited upward movement in the price. It is essential to stay updated on this token. LOVE (Token) — This project is promoted by influencer @M4573RCH. Whitelisting is secured by sending 0 ETH to his address, and the current number of potential whitelist participants exceeds 10,000. The project is confirmed to be issued on the Ethereum mainnet. On the other hand, Love token on the BSC does not have a clear endorsement from the project team. Even though the 24-hour trading volume is US$45 million, there are only 1516 participants, indicating the possibility of a fake trading volume. This token could be a rug pull scheme. Participation is not recommended. Pepemoon (Token) — A PEPE-related memecoin with a contract that has a blacklist function. The current 24-hour trading volume of the token is US$220,000, and the liquidity pool is US$290,000. However, the total market cap is US$ 10.1 million. Although the token’s rise seems favorable, its trend is mainly influenced by the project party’s trading, indicating a higher risk for participation. XEN (Token, DApp) — Currently, several XEN-related contract addresses appear in the top 10 on Polygon Gas consumption, including RobotXEN, Cointool, and MCTXenft tools that can batch mint XEN, resulting in higher gas usage. XEN has created its own mini-ecosystem, including XENFT, XEN Torrent, DBXEN, and Xenlon. Multiple projects in the XEN ecosystem revolve around the core interaction of “burning XEN.” 2.Popular NFTs: XANA (NFT) — This project is a Metaverse NFT AI partner. Currently being minted by the community, the entire series has 9999 items. The current number of holders is 3335, with no trading information at the moment. The UI display of the image is decent and leans more toward an anime style. It is essential to stay updated on this NFT. 3.Popular DApps: zkSync (DApp) — Recently, zkSync’s interaction activity has consistently been at the top on Ethereum in terms of new users. According to the latest data from Dune, there are 686,000 unique wallet addresses on the zkSync Era mainnet, with 277,000 ETH bridged to zkSync and a total of 827,000 transfers. Bovada (DApp) — A popular gambling website with Similarweb showing monthly visits of up to 30.5 million, with more than 99% of traffic coming from the United States. It is a casino that combines sports betting, poker, and slot machines. Gambling websites typically have large traffic, and some user demographics align with crypto users. Mev Bot (Other) — Memecoin hype is showing signs of recovery, and Mevbot has become a major contributor to Gas consumption on the ETH chain. Generally, the deeper the token liquidity pool, the lower the slippage when trading tokens, and the lower the probability of MEV attacks. The reverse is also true. When trading memecoins, it is essential that users set a good trading slippage to ensure successful token purchases and avoid attacks by MEV Bot. 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. OSEA Bridge (DApp) — Omnisea’s testnet cross-chain bridge is a project offering cross-chain services for NFT assets. Currently, the overall NFT sector lacks attention, leading to fewer use cases for the project and a lower user volume. However, this project continues to develop during the bear market, and its cross-chain functionality may have potential real-world applications in the future. It is essential to stay updated on this project. Guildxyz (DApp) — It has recently been conducting a promotion called “Pined” in the community, aiming to find the largest Web3 community. Currently, the project partners cooperating with Guildxyz include Stargate and Zetachain, helping their communities with joint publicity. 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. Stargate (DApp) — The project has recently completed a total of $10 billion in on-chain transfers and transactions. Stargate’s Farming pool provides single-token staking functionality for various stablecoins and mainstream tokens, providing a steady income. Its interaction data is in a leading position on Arbitrum. 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. Alien Worlds (DApp) — A space exploration game developed by Dacoco GmbH on the WAX chain. Alien Worlds provides players with land ownership, deployment tools, soldiers, and weapons, as well as customizing exclusive game characters. It is currently a multi-chain NFT DeFi metaverse game that supports Ethereum, WAX, and BSC. The project is active on Twitter, with a CEO-level AMA event yesterday with Dacoco.io, which garnered significant attention in the community. 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 523 followers on Twitter. It recently published an update regarding token empowerment, facilitating the transfer and access of user assets on the platform. It is essential to stay updated on this project. DexView (DApp) — A one-stop DEX token trading and market sentiment website, with 2580 members on Telegram (150+ online). Recently, the market sentiment for speculative memecoins is good, which may lead to an increase in the number of users for such websites, making it essential to stay updated on this project. CowSwap (DApp) — A DEX order match trading + yield aggregator. The project recently announced the CoW ecosystem rewards promotion. The first round will distribute more than US$100,000 to the CoW community, which has received good feedback. Additionally, CowSwap has completed the update for version 1.38.1 and has been open-sourced to the community. SeedX (DApp) — A decentralized trading platform with the vision of providing traders with a revolutionary trading experience. The project currently runs promotions but has only moderate attention. The content posted on the official Twitter account receives relatively little attention and engagement. However, the quality of its product is pretty good. It is essential to stay updated on SeedX. ParaSwap (DApp) — A decentralized exchange on Polygon. Recently, it has published two significant project updates: 1. The community proposal PSP-IP32 has been approved. The proposal aims to enhance the project’s gas efficiency and reduce usage costs; 2. ParaSwap has entered into a partnership with FlashFlow, as announced in its community. Saber (DApp) — Saber is a DeFi project on Solana. The progress of its ecosystem project is relatively slow. Although UAW rose by 21% yesterday, the base number was low with only 3315 users interacting. Overall, Solana’s ecosystem projects have relatively low interaction. It is essential to stay updated on this DApp. GMX (DApp) — GMX has recently completed the distribution of previous trading rewards, leading to a significant increase in the project’s UAW. Degis currently provides insurance support for GMX. The project continues to iterate. It is essential to stay updated on GMX. rhino.fi (DApp) — A cross-chain aggregator + DeFi project, currently running promotions. Through Rhino.fi, cross-chain transaction fees from ETH to the zKsync ecosystem are halved. The project also supports users in cross-chain asset operations from Arbitrum. Tap Fantasy (DApp) — The project has recently been promoting the new token $MC in the community, which operates on a P2E mechanism. In addition, the project is advertising MKT3DAO’s NFT sale activity in its community, which has drawn a significant level of attention. 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. 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: TENET (Token) — Tenet is an EVM Layer-1 network focused on DeFi, providing liquidity and earning opportunities for Liquidity Sensitive Deposits (LSDs). It has been recently listed on multiple CEXs, increasing user attention. Both the token’s price and trading volume have seen growth. ARB (Token) — On May 27, the EIP candidate for the Cancun upgrade was confirmed, which is a significant positive development for Layer 2. This includes ARB, OP, and top projects within the ecosystem, all of which have seen growth. 5.Regional Trending Searches: Bitcoin (Token) — According to US media reports on May 28th, representatives of the White House and Republicans in the US have reached a preliminary agreement on the debt ceiling issue. Subsequently, Bitcoin (BTC) started to rise, moving from US$26,000 back to US$28,000 again. Ethereum (ETH) also followed the rise. Some altcoins, which experienced a significant drop earlier, had a strong rebound, such as ARB speculating on the Cancun concept, and EDU which recently released positive news regarding NFTs. It is essential to observe whether BTC can stabilize above US$27,500. If it can maintain this level, there is a chance that a more sustained rebound may occur in the market. Main Body Written by: Bitget Research Data collection time: May 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: 359,830 New active users of ETH: 67,842, with a daily decrease of 9.43% Existing active users of ETH: 291,988, with a daily decrease of 10.30% 1.1.2 New User Profile Core data: There were a total of 67,842 new active users on ETH yesterday, with a daily decrease of 9.43% Popular Sectors Popular Projects Key Projects: zkSync (DApp) — Recently, zkSync’s interaction activity has consistently been at the top on Ethereum in terms of new users. According to the latest data from Dune, there are 686,000 unique wallet addresses on the zkSync Era mainnet, with 277,000 ETH bridged to zkSync and a total of 827,000 transfers. Bovada (DApp) — A popular gambling website with Similarweb showing monthly visits of up to 30.5 million, with more than 99% of traffic coming from the United States. It is a casino that combines sports betting, poker, and slot machines. Gambling websites typically have large traffic, and some user demographics align with crypto users. 1.1.3 Existing User Profile Core data: The number of ETH active existing users is 291,988, with a daily decrease of 10.30% Popular Sectors Popular Projects Key Projects: Mev Bot (Other) — Memecoin hype is showing signs of recovery, and Mevbot has become a major contributor to Gas consumption on the ETH chain. Generally, the deeper the token liquidity pool, the lower the slippage when trading tokens, and the lower the probability of MEV attacks. The reverse is also true. When trading memecoins, it is essential that users set a good trading slippage to ensure successful token purchases and avoid attacks by MEV Bot. XANA (NFT) — This project is a Metaverse NFT AI partner. Currently being minted by the community, the entire series has 9999 items. The current number of holders is 3335, with no trading information at the moment. The UI display of the image is decent and leans more toward an anime style. It is essential to stay updated on this NFT. https://opensea.io/collection/xana-genesis 1.2 Popular Trading Pairs 1.2.1 Uniswap V2 BIAO (Token) — This is a memecoin that had its TGE just a day ago. Its contract has potential mint and blacklist functions. The 24-hour trading volume is currently at US$58.4 million, but almost US$30 million was completed by MEV Bot, and there are only 267 unique participants in the project. The total market cap of the project is currently at US$150 million, while the liquidity pool depth is at US$180,000. The token’s trend is highly controlled, indicating that participation comes with certain risks. https://dexscreener.com/ethereum/0x61d3d506f67bee7917c222d0ce0b873f2a6c78f2 MOGUTO (Token) — This is a memecoin from the Mushroom Head community. It launched on DEX after its TGE yesterday, and plummeted after a short pump, resulting in an unrealized loss for holders. The token contract is secure, with a fully diluted valuation of US$270,000, liquidity pool depth of US$52,000, and trading volume of US$5.8 million. It is essential to observe its performance and whether there is any capital inflow that could trigger a second upward price movement. https://dexscreener.com/ethereum/0x2a683953b4db436e9290ad97a59e63178cca26fe 0xM (Token) — 0xmeme’s trend is relatively weak. It experienced a short pump after its TGE and then plummeted. Currently, its 24-hour trading volume is US$2.3 million. The token’s price decline is rather severe, requiring a capital inflow to create a second upward price movement. https://dexscreener.com/ethereum/0x0b264fb1404b691f1853d1cc1c03357916ab39bc 1.2.2 Uniswap V3 RFD (Token) — Refund Coin was launched by the CryptoPunk NFT billionaire blurr.eth. The blurr account holds assets worth more than US$20 million on-chain. The project’s current on-chain liquidity is US$13.1 million, and the trading volume in the last 24 hours is US$9 million, with 814 unique participants. The token has been listed on Bitget. https://www.bitget.com/en/spot/RFDUSDT_SPBL?type=spot AGB (Token) — Apes Go Bananas is a memecoin driven by BAYC and HAPE, with a potentially high ceiling. The token currently has a 24-hour trading volume of US$5.1 million, 837 unique participants, on-chain liquidity of US$800,000, and a fully diluted valuation of US$11.7 million. AGB just had its TGE 12 days ago and is currently experiencing positive momentum. It is essential to stay updated on this token. https://dexscreener.com/ethereum/0x4ec7d47cfd3f35e47b86f9eaa31cb9d3ee1e801a 2.Blockchain Profile — BSC Chain 2.1 User Profile 2.1.1 Core Data Total active users on BSC: 1,229,239 New active users on BSC: 175,917, with a daily increase of 4.69% Existing active users on BSC: 1,053,322, with a daily decrease of 4.73% 2.1.2 New User Profile Core data: There were a total of 175,917 new active users on BSC yesterday, with a daily increase of 4.69% Popular Sectors Popular Projects Key Projects: BTC.b (Token) — Issued by Layerzero, BTC.b is an multi-chain asset, pegged to Bitcoin, and currently released on the BSC chain. Trader Joe subsequently announced that it will provide trading liquidity for BTC.b. Layerzero’s multi-chain assets can better integrate Bitcoin assets into the EVM ecosystem, offering a wide range of use cases. It is essential to stay updated on this token. 2.1.3 Existing User Profile Core data: The number of BSC active existing users is 1,053,322, with a daily decrease of 4.73% Popular Sectors Popular Projects Key Projects: FIFA Claim Contract (Token) — Based on the on-chain interactions, users can apply to the project to obtain FIFA tokens, with the claim value currently around US$3–4. A large number of claims have resulted in a significant drop in the token’s value, with a 14% decrease in the last 24 hours. Participation in the project can yield corresponding rewards, making it an essential token to stay updated on. https://dexscreener.com/bsc/0xe39205c594f551c1ea0f6230c06cb34d10b1c46a 2.2 Popular Trading Pairs 2.2.1 PancakeSwap V2 LOYAL (0x4d44, Token) — The contract has potential mint and blacklist functions, and the token’s TGE was two days ago. The current 24-hour trading volume is US$14.3 million, but there are only 311 unique participants. The project’s total market cap is US$1.29 billion, which is quite high. The liquidity pool is only US$229,000, making the token’s price easy to manipulate. 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 professionally designed, and the platform already has usable products. The token has performed well in the past few days, with a 24-hour trading volume of US$1.1 million. The total market cap of the project is US$80.8 million, indicating limited upward movement in the price. It is essential to stay updated on this token. https://dexscreener.com/bsc/0x9019e812a436003ad2c515492cffb784937ab2aa LOVE (Token) — This project is promoted by influencer @M4573RCH. Whitelisting is secured by sending 0 ETH to his address, and the current number of potential whitelist participants exceeds 10,000. The project is confirmed to be issued on the Ethereum mainnet. On the other hand, Love token on the BSC does not have a clear endorsement from the project team. Even though the 24-hour trading volume is US$45 million, there are only 1516 participants, indicating the possibility of a fake trading volume. This token could be a rug pull scheme. Participation is not recommended. https://dexscreener.com/bsc/0xb8da5da98cab996eb5721f23147aa4c5421f08bf 3.Blockchain Profile — Polygon Chain 3.1 User Profile 3.1.1 Core Data Total active users on Polygon: 412,758 New active users on Polygon: 111,947, with a daily increase of 4.61% Existing active users on Polygon: 300,811, with a daily decrease of 13.35% 3.1.2 New User Profile Core data: There were a total of 111,947 new active users on Polygon yesterday, with a daily increase of 4.61% Popular Sectors Popular Projects Key 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. OSEA Bridge (DApp) — Omnisea’s testnet cross-chain bridge is a project offering cross-chain services for NFT assets. Currently, the overall NFT sector lacks attention, leading to fewer use cases for the project and a lower user volume. However, this project continues to develop during the bear market, and its cross-chain functionality may have potential real-world applications in the future. It is essential to stay updated on this project. 3.1.3 Existing User Profile Core Data: The number of Polygon active existing users is 300,811, with a daily decrease of 13.35% Popular Sectors Popular Projects Key Projects: Guildxyz (DApp) — It has recently been conducting a promotion called “Pined” in the community, aiming to find the largest Web3 community. Currently, the project partners cooperating with Guildxyz include Stargate and Zetachain, helping their communities with joint publicity. 3.2 Popular Trading Pairs 3.2.1 Uniswap V3 Duckies (Token) — The token has a liquidity pool of only US$17,000, basically unable to bear any funds from projects and users. The token’s price effectiveness is relatively low. It is not recommended to participate. 4.Blockchain Profile — Arbitrum Chain 4.1 User Profile 4.1.1 Core Data Arbitrum Active Users: 191,764 Arbitrum New Active Users: 44,019, with a daily decrease of 7.14% Arbitrum Existing Active Users: 147,745, with a daily decrease of 4.79% 4.1.2 New User Profile Core data: There were a total of 44,019 new active users on Arbitrum yesterday, with a daily decrease of 7.14% 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. Stargate (DApp) — The project has recently completed a total of $10 billion in on-chain transfers and transactions. Stargate’s Farming pool provides single-token staking functionality for various stablecoins and mainstream tokens, providing a steady income. Its interaction data is in a leading position on Arbitrum. 4.1.3 Existing User Profile Core data: The number of Arbitrum active existing users is 147,745, with a daily decrease of 4.79% 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. 4.2 Popular Trading Pairs 4.2.1 Uniswap V3 Pepemoon (Token) — A PEPE-related memecoin with a contract that has a blacklist function. The current 24-hour trading volume of the token is US$220,000, and the liquidity pool is US$290,000. However, the total market cap is US$ 10.1 million. Although the token’s rise seems favorable, its trend is mainly influenced by the project party’s trading, indicating a higher risk for participation. https://dexscreener.com/arbitrum/0xbdbd504666b0d80796d5d4a321683a9fbae45c2d 5.DApp Ecosystem — All Chains Alien Worlds (DApp) — A space exploration game developed by Dacoco GmbH on the WAX chain. Alien Worlds provides players with land ownership, deployment tools, soldiers, and weapons, as well as customizing exclusive game characters. It is currently a multi-chain NFT DeFi metaverse game that supports Ethereum, WAX, and BSC. The project is active on Twitter, with a CEO-level AMA event yesterday with Dacoco.io, which garnered significant attention in the community. 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 523 followers on Twitter. It recently published an update regarding token empowerment, facilitating the transfer and access of user assets on the platform. It is essential to stay updated on this project. 6.DApp Ecosystem — ETH Chain DexView (DApp) — A one-stop DEX token trading and market sentiment website, with 2580 members on Telegram (150+ online). Recently, the market sentiment for speculative memecoins is good, which may lead to an increase in the number of users for such websites, making it essential to stay updated on this project. CowSwap (DApp) — A DEX order match trading + yield aggregator. The project recently announced the CoW ecosystem rewards promotion. The first round will distribute more than US$100,000 to the CoW community, which has received good feedback. Additionally, CowSwap has completed the update for version 1.38.1 and has been open-sourced to the community. 7.DApp Ecosystem — BSC Chain SeedX (DApp) — A decentralized trading platform with the vision of providing traders with a revolutionary trading experience. The project currently runs promotions but has only moderate attention. The content posted on the official Twitter account receives relatively little attention and engagement. However, the quality of its product is pretty good. It is essential to stay updated on SeedX. 8.DApp Ecosystem — Polygon Chain ParaSwap (DApp) — A decentralized exchange on Polygon. Recently, it has published two significant project updates: 1. The community proposal PSP-IP32 has been approved. The proposal aims to enhance the project’s gas efficiency and reduce usage costs; 2. ParaSwap has entered into a partnership with FlashFlow, as announced in its community. 9.DApp Ecosystem — WAX Chain UAW of WAX ecosystem projects generally fluctuates within the normal range. 10.DApp Ecosystem — Solana Chain Saber (DApp) — Saber is a DeFi project on Solana. The progress of its ecosystem project is relatively slow. Although UAW rose by 21% yesterday, the base number was low with only 3315 users interacting. Overall, Solana’s ecosystem projects have relatively low interaction. It is essential to stay updated on this DApp. 11.DApp Ecosystem — Arbitrum Chain GMX (DApp) — GMX has recently completed the distribution of previous trading rewards, leading to a significant increase in the project’s UAW. Degis currently provides insurance support for GMX. The project continues to iterate. It is essential to stay updated on GMX. rhino.fi (DApp) — A cross-chain aggregator + DeFi project, currently running promotions. Through Rhino.fi, cross-chain transaction fees from ETH to the zKsync ecosystem are halved. The project also supports users in cross-chain asset operations from Arbitrum. 12.DApp Ecosystem — GameFi Sector Across All Chains Tap Fantasy (DApp) — The project has recently been promoting the new token $MC in the community, which operates on a P2E mechanism. In addition, the project is advertising MKT3DAO’s NFT sale activity in its community, which has drawn a significant level of attention. 13.Gas Fee Consumption — ETH Chain zkSync (DApp) — Recently, zkSync’s interaction activity has consistently been at the top on Ethereum in terms of new users. According to the latest data from Dune, there are 686,000 unique wallet addresses on the zkSync Era mainnet, with 277,000 ETH bridged to zkSync and a total of 827,000 transfers. 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. 15.Gas Fee Consumption — Polygon Chain XEN (Token, DApp) — Currently, several XEN-related contract addresses appear in the top 10 on Polygon Gas consumption, including RobotXEN, Cointool, and MCTXenft tools that can batch mint XEN, resulting in higher gas usage. XEN has created its own mini-ecosystem, including XENFT, XEN Torrent, DBXEN, and Xenlon. Multiple projects in the XEN ecosystem revolve around the core interaction of “burning XEN.” 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 TENET (Token) — Tenet is an EVM Layer-1 network focused on DeFi, providing liquidity and earning opportunities for Liquidity Sensitive Deposits (LSDs). It has been recently listed on multiple CEXs, increasing user attention. Both the token’s price and trading volume have seen growth. ARB (Token) — On May 27, the EIP candidate for the Cancun upgrade was confirmed, which is a significant positive development for Layer 2. This includes ARB, OP, and top projects within the ecosystem, all of which have seen growth. 18.Google Trends — Global Bitcoin (Token) — According to US media reports on May 28th, representatives of the White House and Republicans in the US have reached a preliminary agreement on the debt ceiling issue. Subsequently, Bitcoin (BTC) started to rise, moving from US$26,000 back to US$28,000 again. Ethereum (ETH) also followed the rise. Some altcoins, which experienced a significant drop earlier, had a strong rebound, such as ARB speculating on the Cancun concept, and EDU which recently released positive news regarding NFTs. It is essential to observe whether BTC can stabilize above US$27,500. If it can maintain this level, there is a chance that a more sustained rebound may occur in the market. 19.Google Trends Surge — East Asia, South Asia, Southeast Asia, Hong Kong, Macau, and Taiwan a) South Asia Region India Trending Tokens: XEN, COCOS, EGLD Pakistan Trending Tokens: BTC, DCA b) Southeast Asia Region Indonesia Trending Keywords: Crypto faucet, Crypto laws in Islam, learn crypto, bitcoin price Malaysia Trending Keywords: binance, what is crypto, coinmarketcap Thailand Trending Keywords: crypto bubble, crypto news Philippines Trending Tokens: ETH, XRP, LUNA c) East Asia and Hong Kong, Macau, and Taiwan Trending Keywords: crypto wallet, crypto news, crypto in Chinese, bitcoin price 20.Google Trends Surge — English-speaking Countries, Europe, CIS Region a) CIS Region Trending Keywords: Dune Crypto b) English-speaking Countries Canada Trending Tokens: XRP, ADA, LUNA UK Trending Tokens: CAKE, BTC, GALA, JASMY USA Trending Tokens: AIDOGE, SYLO Australia Trending Tokens: MATIC, VRA, SLO, ADA c) Europe Spain Trending Tokens: SPONGE, SOL, AIDOGE, ADA, MULTI France Trending Tokens: GST, BTC, XRP, WOJAK, MULTI, TOMO Germany Trending Tokens: SHIB, MATIC, SOL, BTC Italy Trending Tokens: ADA, AUTO, AVAX, MULTI, MASK, BNB Poland Trending Tokens: SHIB, PEPE Switzerland Trending Keywords: crypto news, coinmarketcap Turkey Trending Keywords: crypto kemal, tradingview, crypto market 21.Google Trends Surge — Middle East, Latin America, Africa a) Africa Trending Keywords: Crypto news, bomb crypto, bubble crypto Trending Tokens: BTC b) Middle East Trending Keywords: Coinbase, crypto news Trending Tokens: SHIB c) Latin America Brazil Trending Keywords: coinmarketcap, fireplace, crypto faucet, crypto reddit, binance Argentina Trending Keywords: crypto nexus, crypto shop Mexico Trending Tokens: LUNA

Bitget Research: BTC Tests $29,000 Resistance Level, ARB Shows Strong Performance After Sell-Off

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: ChiliZ (CHZ) — On March 28th, Chiliz announced that it will launch a new sports-focused blockchain called Chiliz Sports Blockchain on May 10th. It is a branch of the BNB Chain that uses the Proof of Stake Authority (PoSA) consensus mechanism and is compatible with EVM. Currently, CHZ 1.0 has 2 million wallet addresses and leads the hype of fan tokens. After the announcement, the token price saw a slight increase with minor fluctuations, with a 24-hour trading volume of $90 million. FLASH (Token) — An on-chain anonymous project providing yield locking for assets such as LSD, and GLP, with a TVL of $6.5 million and high market attention. The token saw a 3x increase yesterday due to increased capital influx but experienced a correction today, currently valued at $6.3 million with a 24-hour trading volume of $1.26 million. LDO (Token) — With the Ethereum Shanghai Upgrade approaching, multiple exchanges and projects have announced their support for the upgrade. The LSD sector hit the bottom and rebounded, and LDO has risen by 20% in the past two days. Currently, the on-chain Ethereum staking amount has reached 18 million, with a staking rate of 14.9%. It is important to keep a close watch on the changes in ETH staking amount after the upgrade is implemented. GAMMA (Token) — A decentralized liquidity provider, GAMMA’s TVL has surged to $67 million this month. It has collaborated with multiple DEXs and projects on Polygon, Arbitrum, and Optimistic to provide liquidity management for tokens. Its operating model is mainly based on fee management, and its token price has risen by 21% in the past 24 hours, with a trading volume of $3.39 million. SXP (Token) — Binance has supported the conversion function of new and old SXP tokens. SXP has upgraded its business and brand, shifting its narrative from payments to a Proof-of-Stake (POS) chain. It has also announced a token swap and its solar product has been updated, with the launch of a new blockchain explorer called solarscan. The token price has increased by 58% in the past 24 hours, with a trading volume of $130 million. C98 (Token) — Recently, multiple Vietnamese institutions and projects, including Coin98, have announced their participation in BASE L2. According to BASE, Vietnam has taken measures to create a supportive regulatory environment for blockchain and crypto startups. Vietnamese concept tokens have attracted funding attention, and C98’s token price has increased by 15% in the past 24 hours, with a trading volume of $157 million. SUIBG (Token) — 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 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. Radiant (RDNT) — A cross-chain lending protocol native to Arbitrum recently expanded to Binance Smart Chain (BSC), with TVL rapidly increasing to $24 million. Today, Binance announced the listing of Radiant, resulting in a short-term 30% increase in token price. 2.Popular NFTs: Nakamigos (NFT) — Positioned as a collection of 20,000 PFPs for cryptocurrency investors, Nakamigos is available on OpenSea and has already traded 8052 ETH, with a floor price of 0.344 ETH. There are 5529 holders, and it has received a good level of attention from the community. To Ethereum, With Love (NFT) — A commemorative token for SBT before the launch of Polygon zkEvm, it is currently being collected on Fair xyz at a price of 0.008 ETH. So far, 77,048 NFTs have been minted and users can participate to potentially receive airdrops from Polygon’s ecosystem projects. It is essential to participate in this project. Draftkings (NFT): It is a gaming and sports betting website. The US Golf PGA Tour started on March 1, 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: Secondlive (DApp) — This project is a metaverse platform on BSC incubated by Binance Labs, where players can explore different spaces and socialize. Currently, they are running a referral program activity with a prize pool of 500,000 $BEAN tokens, which have not yet been circulated. As it is a Binance-affiliated traffic project, there is an expectation for airdrops, and community engagement has increased recently. SunFlowerland (DApp) — This is an online farming game based on Polygon, where players can engage in farming, harvesting, cooking, animal husbandry, fishing, handicrafts, and trading activities. The project ranks highly in terms of users on Polygon and has a high level of activity. Layer Zero (DApp) — An interoperability protocol across all chains that allows applications deployed on different chains to communicate with each other without any intermediary chain or consensus mechanism. The project has not yet launched its token, but the user interactions have been boosted by the Arbitrum airdrop, with the daily reposts on the chain increasing tenfold from around 5,000 in the middle of the month. CyberConnect (DApp) — CyberConnect is a decentralized social network protocol that helps DApps harness network effects and builds personalized social experiences. The decentralized protocol allows users to own their social contacts while providing developers with a composable social data layer. CyberConnect describes data standards, storage infrastructure, identity, and permission management mechanisms as the foundation for a seamless and secure digital social experience in Web3. Recently, they have been continuously introducing award-winning projects from the Connected2023 hackathon, and the project is actively organizing promotions. Blur (Token) — On March 29, Blur platform traded a total of 14,900 ETH, while OpenSea traded 6315 ETH. Overall, trading volume in the NFT market remained stable. BLUR has recently performed poorly compared to BTC, with a current price of 0.51 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. TaskON (DApp) — TaskON is a Web3-based task platform with 108,000 Twitter followers, including 80+ KOLs. The platform recently held events with other project teams, such as Bit.Store, Tugan, MetaLine, and Element. 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 gained significant attention from the community. Oath of Peak (DApp) — Oath of Peak is an MMORPG game developed by Yeeha Games. The project has recently gained exposure through promotion by the official account of Polygon Gaming, resulting in a significant increase in user numbers. The development team has also completed the development of mobile applications for both iOS and Android platforms, indicating good product delivery capabilities. It is important to keep a close watch on this project. 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. Odos (DApp) — It is a DEX aggregator with a good userbase in terms of community, social media, and website traffic. It has seen significant growth in traffic recently, with a monthly visit of 17,900, according to Similarweb. The main visiting countries are Japan, Switzerland, Poland, Netherlands, and Russia. It is expected to have an airdrop in the future, and the user attention is good. PlayMining (DApp) — PlayMining is a Play to Earn NFT game platform where users can play various free games and earn DEAPcoin (DEP) tokens. According to Similarweb, the monthly visits have reached 1.1 million, with the main traffic sources being Indonesia, Japan, Philippines, etc. The community is very active, and there are many players involved in the platform. 4.Twitter Hot Topics: MOB (Token) — Mobile Coin is positioned as a daily tradable token with high privacy, fast transactions, and ease of use. The community traffic is moderate, and the content comprehension threshold is high. On Twitter, the content has approximately 3,000 views. The token’s performance is relatively stable, which makes it essential to stay updated on the project updates. NGT (Token) — Gosleep announced a Beta version airdrop of $NGT to the community yesterday. There were a total of 900+ winning addresses. The Beta version of Gosleep was also announced to be launched within two days. The tweet had nearly 20,000 views, indicating high community attention. 5.Regional Trending Searches: CFX (Token) — Yesterday, as the market experienced a correction, the Hong Kong sector rebounded first. In the current environment of tightening regulations, the market is paying attention to the adoption of crypto-friendly policies in Hong Kong. On June 1, Hong Kong may loosen regulations to allow retail investors to invest in large-cap tokens, which has triggered net inflows of funds due to regulatory arbitrage. Bitget has opened a relevant Hong Kong market section. LINA (Token) — Linear Finance had frequent promotional activities today, and was mentioned by BSC Daily in a tweet about the project with the highest weekly TVL growth. Its fundamentals are growing rapidly. The token rose by more than 30% yesterday, with high levels of community interest. Main Body Written by: Bitget Research Data collection time: March 30, 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: 516,140 New active users of ETH: 87,466, with a daily decrease of 3.92% Existing active users of ETH: 428,674, with a daily increase of 5.34% 1.1.2 New User Profile Core data: There were a total of 87,466 new active users on ETH yesterday, with a daily decrease of 3.92% Popular Sectors Popular Projects Key Projects: ChiliZ (CHZ) — On March 28th, Chiliz announced that it will launch a new sports-focused blockchain called Chiliz Sports Blockchain on May 10th. It is a branch of the BNB Chain that uses the Proof of Stake Authority (PoSA) consensus mechanism and is compatible with EVM. Currently, CHZ 1.0 has 2 million wallet addresses and leads the hype of fan tokens. After the announcement, the token price saw a slight increase with minor fluctuations, with a 24-hour trading volume of $90 million. 1.1.3 Existing User Profile Core data: The number of ETH active existing users is 428,674, with a daily increase of 5.34% Popular Sectors Popular Projects Key Projects: Delegatecash (NFT) — Delegate.Cash is a secure solution that allows web3 users to minimize their risks and protect their valuable assets from malicious actors and harmful links. Delegate.Cash enables users to set up proxy wallets or “authorizations” to act on behalf of others, rather than signing transactions with web3 wallets that contain valuable NFTs or cryptocurrencies. Currently, Delegate.Cash’s solution has been rapidly gaining popularity and enjoys a relatively high adoption rate. 1.2 Popular Trading Pairs 1.2.1 Uniswap V2 MONKEYS (Token) — A memecoin with a community focus, and featured on Elon’s list. The token has a liquidity pool of $360,000, a 24-hour trading volume of $9 million, and a market cap of $3.92 million. It has 713 Twitter followers, but the token contract carries some risk. It is essential to keep observing this project. https://twitter.com/elonmonkeys SFMC (Token) — The community-issued Safemoon Classic version token is a high-risk project. Yesterday, the defi protocol Safemoon on the BNB chain suffered a hack resulting in a loss of $8.9 million. In response, the community issued the Classic version of the token, which experienced short-term hype and subsequent price collapse. The liquidity pool now only has $29,000, and the 24-hour trading volume is $1.44 million. This is a high-risk project and caution is advised. https://www.dextools.io/app/en/ether/pair-explorer/0x1d9c713d1a7f8cbb869a46e529dbf292e64f78fa FLASH (Token) — An on-chain anonymous project providing yield locking for assets such as LSD, and GLP, with a TVL of $6.5 million and high market attention. The token saw a 3x increase yesterday due to increased capital influx but experienced a correction today, currently valued at $6.3 million with a 24-hour trading volume of $1.26 million. https://www.dextools.io/app/en/ether/pair-explorer/0xb1c33de7a914f4d9ba293a055822cbc6e662a698 1.2.2 Uniswap V3 LDO (Token) — With the Ethereum Shanghai Upgrade approaching, multiple exchanges and projects have announced their support for the upgrade. The LSD sector hit the bottom and rebounded, and LDO has risen by 20% in the past two days. Currently, the on-chain Ethereum staking amount has reached 18 million, with a staking rate of 14.9%. It is important to keep a close watch on the changes in ETH staking amount after the upgrade is implemented. GAMMA (Token) — A decentralized liquidity provider, GAMMA’s TVL has surged to $67 million this month. It has collaborated with multiple DEXs and projects on Polygon, Arbitrum, and Optimistic to provide liquidity management for tokens. Its operating model is mainly based on fee management, and its token price has risen by 21% in the past 24 hours, with a trading volume of $3.39 million. https://www.dextools.io/app/en/ether/pair-explorer/0xad5b1a6abc1c9598c044cea295488433a3499efc 2.Blockchain Profile — BSC Chain 2.1 User Profile 2.1.1 Core Data Total active users on BSC: 1,635,247 New active users on BSC: 225,254, with a daily increase of 26.07% Existing active users on BSC: 1,409,993, with a daily decrease of 4.53% 2.1.2 New User Profile Core data: There were a total of 225,254 new active users on BSC yesterday, with a daily increase of 26.07% Popular Sectors Popular Projects Key Projects: TTGameEvents (DApp) — A BSC-based mini-game DApp created on March 19th. It has a high level of on-chain activity, with over 140,000 interactions. The corresponding official Twitter account and the type of game have not been confirmed yet. 2.1.3 Existing User Profile Core data: The number of BSC active existing users is 1,409,993, with a daily decrease of 4.53% Popular Sectors Popular Projects Key Projects: Secondlive (DApp) — This project is a metaverse platform on BSC incubated by Binance Labs, where players can explore different spaces and socialize. Currently, they are running a referral program activity with a prize pool of 500,000 $BEAN tokens, which have not yet been circulated. As it is a Binance-affiliated traffic project, there is an expectation for airdrops, and community engagement has increased recently. 2.2 Popular Trading Pairs 2.2.1 PancakeSwap V2 SXP (Token) — Binance has supported the conversion function of new and old SXP tokens. SXP has upgraded its business and brand, shifting its narrative from payments to a Proof-of-Stake (POS) chain. It has also announced a token swap and its solar product has been updated, with the launch of a new blockchain explorer called solarscan. The token price has increased by 58% in the past 24 hours, with a trading volume of $130 million. C98 (Token) — Recently, multiple Vietnamese institutions and projects, including Coin98, have announced their participation in BASE L2. According to BASE, Vietnam has taken measures to create a supportive regulatory environment for blockchain and crypto startups. Vietnamese concept tokens have attracted funding attention, and C98’s token price has increased by 15% in the past 24 hours, with a trading volume of $157 million. 3.Blockchain Profile — Polygon Chain 3.1 User Profile 3.1.1 Core Data Total active users on Polygon: 463,438 New active users on Polygon: 106,280, with a daily decrease of 3.54% Existing active users on Polygon: 357,158, with a daily decrease of 5.61% 3.1.2 New User Profile Core data: There were a total of 106,280 new active users on Polygon yesterday, with a daily decrease of 3.54% 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. 3.1.3 Existing User Profile Core Data: The number of Polygon active existing users is 357,158, with a daily decrease of 5.61% Popular Sectors Popular Projects Key Projects: SunFlowerland (DApp) — This is an online farming game based on Polygon, where players can engage in farming, harvesting, cooking, animal husbandry, fishing, handicrafts, and trading activities. The project ranks highly in terms of users on Polygon and has a high level of activity. 3.2 Popular Trading Pairs 3.2.1 Uniswap V3 The UNI pool on Polygon is mainly focused on trading mainstream tokens and has virtually no altcoin projects. 4.Blockchain Profile — Arbitrum Chain 4.1 User Profile 4.1.1 Core Data Arbitrum Active Users: 196,670 Arbitrum New Active Users: 39,899, with a daily increase of 10.64% Arbitrum Existing Active Users: 156,771, with a daily decrease of 15.14% 4.1.2 New User Profile Core data: There were a total of 39,899 new active users on Arbitrum yesterday, with a daily increase of 10.64% Popular Sectors Popular Projects Key Projects: FUEL (Token) is a high-risk project (0x52..1c80) with no official website, Twitter, or community. The trading volume for the past 24 hours is $32 million. It is a project with a rug pull risk. Investors need to be aware of the potential risks. 4.1.3 Existing User Profile Core data: The number of Arbitrum active existing users is 156,771, with a daily decrease of 15.14% Popular Sectors Popular Projects Key Projects: Layer Zero (DApp) — An interoperability protocol across all chains that allows applications deployed on different chains to communicate with each other without any intermediary chain or consensus mechanism. The project has not yet launched its token, but the user interactions have been boosted by the Arbitrum airdrop, with the daily reposts on the chain increasing tenfold from around 5,000 in the middle of the month. 4.2 Popular Trading Pairs 4.2.1 Uniswap V3 Radiant (RDNT) — A cross-chain lending protocol native to Arbitrum recently expanded to Binance Smart Chain (BSC), with TVL rapidly increasing to $24 million. Today, Binance announced the listing of Radiant, resulting in a short-term 30% increase in token price. 5.DApp Ecosystem — All Chains Alien Worlds (DApp) — A space exploration game developed by Dacoco GmbH on the WAX chain. Alien Worlds provides players with land ownership, deployment tools, soldiers, and weapons, as well as customizing exclusive game characters. It is currently a multi-chain NFT DeFi metaverse game that supports Ethereum, WAX, and BSC. On March 22, it announced its participation in the 2023 Game Developers Conference (GDC 2023). On March 30, it announced that Alien Worlds was awarded the title of “Best Blockchain Game” of the year. CyberConnect (DApp) — CyberConnect is a decentralized social network protocol that helps DApps harness network effects and builds personalized social experiences. The decentralized protocol allows users to own their social contacts while providing developers with a composable social data layer. CyberConnect describes data standards, storage infrastructure, identity, and permission management mechanisms as the foundation for a seamless and secure digital social experience in Web3. Recently, they have been continuously introducing award-winning projects from the Connected2023 hackathon, and the project is actively organizing promotions. TinyTap (DApp) — Supported by Animoca Brands, the project’s vision is to use Web3 technology to create a decentralized education platform. A few days ago, the project held an offline meeting entitled “The Future of NFTs” and uploaded the record to YouTube, which caused a certain reaction in the community and led to a significant increase in UAW. Benji Bananas (DApp) — This is a free-to-play mobile blockchain game that was invested in by Animoca Brands. The project has frequent promotions, with 1–3 tweets daily on their official Twitter account to update on project progress. Recently, they launched the third Jungle Party adventure event, which has gained some popularity. It is essential to stay updated on this project. 6.DApp Ecosystem — ETH Chain Blur (Token) — On March 29, Blur platform traded a total of 14,900 ETH, while OpenSea traded 6315 ETH. Overall, trading volume in the NFT market remained stable. BLUR has recently performed poorly compared to BTC, with a current price of 0.51 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. Nakamigos (NFT) — Positioned as a collection of 20,000 PFPs for cryptocurrency investors, Nakamigos is available on OpenSea and has already traded 8052 ETH, with a floor price of 0.344 ETH. There are 5529 holders, and it has received a good level of attention from the community. https://opensea.io/collection/nakamigos Town Star (DApp) — Recently, they have been selling their Natural Energy Plant and hosting AMA events. Town Star is a town and farming game on Gala Games that gained popularity in July 2021 and has recently seen a sudden surge in interest. 7.DApp Ecosystem — BSC Chain 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. 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. TaskON (DApp) — TaskON is a Web3-based task platform with 108,000 Twitter followers, including 80+ KOLs. The platform recently held events with other project teams, such as Bit.Store, Tugan, MetaLine, and Element. 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 gained significant attention from the community. 8.DApp Ecosystem — Polygon Chain Oath of Peak (DApp) — Oath of Peak is an MMORPG game developed by Yeeha Games. The project has recently gained exposure through promotion by the official account of Polygon Gaming, resulting in a significant increase in user numbers. The development team has also completed the development of mobile applications for both iOS and Android platforms, indicating good product delivery capabilities. It is important to keep a close watch on this project. 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. 9.DApp Ecosystem — WAX Chain Atomic Assets (DApp) is an NFT marketplace on the WAX chain. It maintains high popularity on the WAX without any special activity. NFT Panda (DApp) — Positioned as an NFT game built on the WAX chain, NFT Panda held a mysterious auction on March 10th, but their Twitter account has not been updated since then. Currently, Twitter has 41,300 followers, including 11 KOLs. The project has been experiencing moderate activity recently. It is essential to stay updated on this project. 10.DApp Ecosystem — Solana Chain On Solana, the UAW of projects is still led by Magic Eden, and the top five remain unchanged. The user base of projects beyond the top five is very small. 11.DApp Ecosystem — Arbitrum Chain 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. Odos (DApp) — It is a DEX aggregator with a good userbase in terms of community, social media, and website traffic. It has seen significant growth in traffic recently, with a monthly visit of 17,900, according to Similarweb. The main visiting countries are Japan, Switzerland, Poland, Netherlands, and Russia. It is expected to have an airdrop in the future, and the user attention is good. 12.DApp Ecosystem — GameFi Sector Across All Chains PlayMining (DApp) — PlayMining is a Play to Earn NFT game platform where users can play various free games and earn DEAPcoin (DEP) tokens. According to Similarweb, the monthly visits have reached 1.1 million, with the main traffic sources being Indonesia, Japan, Philippines, etc. The community is very active, and there are many players involved in the platform. 13.Gas Fee Consumption — ETH Chain VOLTZ (NFT) is a project that is currently increasing its NFT supply and conducting a secondary sale. The gas fees for participation are relatively high, which has led to an increase in gas burn. However, trading activity and sale interest are relatively average. It is essential to stay updated on this project. https://opensea.io/collection/voltz-avatar-mint-vial To Ethereum, With Love (NFT) — A commemorative token for SBT before the launch of Polygon zkEvm, it is currently being collected on Fair xyz at a price of 0.008 ETH. So far, 77,048 NFTs have been minted and users can participate to potentially receive airdrops from Polygon’s ecosystem projects. It is essential to participate in this project. https://fair.xyz/collection/polygonZKEVM 14.Gas Fee Consumption — BSC Chain 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. 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. 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 Draftkings (NFT) — It is a gaming and sports betting website. The US Golf PGA Tour started on March 1, 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 SATIN (DApp) — Satin Exchange is a decentralized exchange that launched on Polygon yesterday. There were promotional activities such as an AMA in the community before its launch. The core of the product is to obtain profits within the project through designed allocation mechanisms. Product development seems to be in its early stages, and the community’s interest is also moderate. It is essential to stay updated on this project. 16.Gas Fee Consumption — Arbitrum Chain Lighter Router (DApp) — A DeFi router invested in by A16Z and Lightspeed, which stands out for its more affordable, faster, and cheaper routing prices. As a decentralized order book exchange, it has great potential as a recently launched platform. Layer Zero (DApp) is a highly anticipated project that has not yet launched its token. Due to the wealth effect of the ARB airdrop, Layer Zero is seeing a noticeable increase in user interaction. Users are highly interested in the project, in hopes of receiving potential airdrops. 17.Twitter Trends Token Top 20 From the perspective of token popularity on Twitter trends: Tokens with significant increases in popularity: BUSD, EGLD, USDT Newly listed tokens: MOB MOB (Token) — Mobile Coin is positioned as a daily tradable token with high privacy, fast transactions, and ease of use. The community traffic is moderate, and the content comprehension threshold is high. On Twitter, the content has approximately 3,000 views. The token’s performance is relatively stable, which makes it essential to stay updated on the project updates. 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, NGT NGT (Token) — Gosleep announced a Beta version airdrop of $NGT to the community yesterday. There were a total of 900+ winning addresses. The Beta version of Gosleep was also announced to be launched within two days. The tweet had nearly 20,000 views, indicating high community attention. https://gosleep.pro/index 19.Token Mentioned Frequency by VCs on Twitter Based on the frequency of mentions by VC firms on Twitter: USDC, BNB, SIDUS, ZEUM, RUNE, AVAX 20.Google Trends — Global BTC (Token) — Today the price of BTC broke through the $29,000 resistance and then fell sharply by 3%. The high leverage of both long and short positions poses a high risk. Currently, the market trend is not very clear, and it is important to control the leverage ratio and operate with caution. SXP (Token) — SXP has upgraded its business and brand, shifting its narrative from payments to a Proof-of-Stake (POS) chain. It has also announced a token swap and its solar product has been updated, with the launch of a new blockchain explorer called solarscan. https://www.bitget.com/en/spot/SXPUSDT_SPBL?type=spot CFX (Token) — Yesterday, as the market experienced a correction, the Hong Kong sector rebounded first. In the current environment of tightening regulations, the market is paying attention to the adoption of crypto-friendly policies in Hong Kong. On June 1, Hong Kong may loosen regulations to allow retail investors to invest in large-cap tokens, which has triggered net inflows of funds due to regulatory arbitrage. Bitget has opened a relevant Hong Kong market section. LINA (Token) — Linear Finance had frequent promotional activities today, and was mentioned by BSC Daily in a tweet about the project with the highest weekly TVL growth. Its fundamentals are growing rapidly. The token rose by more than 30% yesterday, with high levels of community interest. 21.Google Trends Surge — East Asia, South Asia, Southeast Asia, Hong Kong, Macau, and Taiwan a) South Asia Region India Trending Keywords: Phantom, Safemoon, On-ramp, Auto-invest, CFX Pakistan Trending Keywords: Best Crypto Wallet, Auto-invest, BNB, BTC b) Southeast Asia Region Philippines Trending Tokens: Lina, ATH, BTC, XRP, GALA, ADA, BLUR Indonesia Trending Tokens: BTC Malaysia Trending Tokens: BTC, XRP Singapore Trending Keywords: Cryptonews today, Crypto Currency c) East Asia and Hong Kong, Macau, and Taiwan Trending Keywords: WTK, Crypto Spells, QNT, Crypto Bubble 22.Google Trends Surge — English-speaking Countries, Europe, CIS Region a) CIS Region Trending Keywords: Crypto Bubbles, Airdrop Crypto, Watchlist Crypto b) English-speaking Countries USA Trending Tokens: CFX, BTT, SXP Canada Trending Tokens: FTM, XEN, HIS Australia Trending Tokens: SXP, AI, BTT, KDA, MASK UK Trending Tokens: VELO, LIDO, CFX, AMP, HELLO, HNT, POT c) Europe Spain Trending Tokens: MATIC, BTC, FTM, HNT, SXP, FLOKI, XLM France Trending Tokens: LINA, BXX, DCA, FLOKI Germany Trending Tokens: ARB, AXIE, TAX, SHIB, BTC Poland Trending Tokens: GPT, BTC, ETH, CELO, ETH Italy Trending Tokens: SXP, NXS, SLP, BTC, VELO 23.Google Trends Surge — Middle East, Latin America, Africa a) Africa Nigeria Trending Keywords: FUD, Coindesk, Auto-invest, AVAX South Africa Trending Tokens: AVAX Morocco Trending Keywords: Cryptonews b) Middle East Trending Tokens: BTC, ADA c) Latin America Argentina Trending Tokens: SOL, SXP, LUNA Brazil Trending Tokens: ARB, ETH, MASK, HNT, BTC, ICP Mexico Trending Tokens: AVAX

Bitget Research: Trading Activity of Major Blue-Chip Futures Tokens ARBK and SUIBG Continues to Rise, Market Awaits Fed Interest Rate Data Release on 23rd March

In 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), SUI Futures Token - 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 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. As of now, SUIBG has 13,470 holders, with 345,000 on-chain transfers. ARBK (Token) - Arbitru m Futures BitKeep, ARBK is the credential of the official Arbitrum token issued by BitKeep. By holding ARBK and completing corresponding tasks, users can qualify for a 100% exchange of the official Arbitrum token in the future, enabling them to anticipate the development of the Arbitrum ecosystem in advance. Yesterday's official launch of ARB strengthened the expectations for ARBK, resulting in increased traffic. ENS (Token) - Spaceid will be launched at 12:00 pm (UTC) today, bringing some DID projects such as ENS, LIT, etc., back into the public attention. There has been some degree of price feedback, but the DID sector has not yet formed a strong momentum, resulting in low overall profitability. However, on March 22, ENS announced that it will hold the ENS Town Hall on March 30, which includes multiple updates. ENS's product is in a continuous iteration process and is expected to occupy a leading position in the DID sector in the future. It is essential to stay updated on this token. Blur (Token) - On March 21, Blur's platform traded a total of 17,600 ETH, with OpenSea trading 5,563 ETH. Trading volume has remained stable recently, but BLUR's performance relative to BTC has been poor. Currently priced at 0.56 USDT, a short-term price rebound for BLUR can boost NFT trading. The second round of Blur's airdrop trading is currently underway, and the platform score for bidding and listing is doubled before April 1st. Users who interact more frequently during the last 10 days of the score-doubling period are expected to receive more airdrop rewards. HOBBES (Token) - Positioned as the token for Yorkshire Terrier that Elon has been raising for 15 years. On March 19th, Elon tweeted about the dog's name and other related information, and his mother also replied to the tweet expressing her love for Hobbes. Currently, the token has a 24-hour trading volume of $2.89 million, on-chain liquidity of $120,000, a market cap of $1.09 million, and contract analysis indicates no significant risks. It is essential to stay updated on this token. BARD (Token) - Positioned as the token for Google's AI chatbot Bard, the token has been mainly riding on the trend recently. However, it rose by 426% in a single day on March 21. The on-chain liquidity is $109,000, with a 24-hour trading volume of $873,000. Contract analysis indicates no significant risks. It is essential to stay updated on this token. BEAST (Token) - BEAST is a new memecoin project that announced the upcoming release of its whitepaper on March 22 and has been advertising on Facebook, Avedex, and dexscreener. However, there has been no update on the progress of the project. The 24-hour trading volume is $160,000, with only $15,000 in liquidity. Contract analysis indicates no significant risks. It is essential to stay updated on this token. GATSBY (Token) - The project is a memecoin based on Elon Musk's dog named Gatsby, which he introduced on Twitter on April 29th, 2019. The token has an on-chain liquidity of only $13,600 and a trading volume of $490,000 in the past 24 hours. Contract analysis indicates no significant risks. It is essential to stay updated on this token. GROOM (Token) - The project is positioned as a meme that takes care of the Shibarium community. The token has just been launched and has an on-chain liquidity of only $7900, with a trading volume of $120,000 in the past 24 hours. Contract analysis indicates no significant risks. It is essential to stay updated on this token. HEX (Token) - Designed and launched by Richard Heart on December 2, 2019, HEX claims to be a certificate of deposit on the blockchain. Recently, the market trading activity has been extremely high, with the trading volume of just the HEX/USDC pair reaching $8.15 million in the last 24 hours. It has appeared multiple times in the trending cryptocurrency rankings of various countries, and the token has increased by about 6x from the bottom in December 2022, which led to a high level of attention from the community. SQUA (Token) - SQUA is a payment-oriented token specifically developed for payment systems within GoFintech Group's ecosystem and its partners. It is automatically destroyed during payment transactions. In the past 24 hours, its trading volume reached $15.26 million, with on-chain liquidity of $7.36 million, indicating high trading activity. Contract analysis indicates no risks. It is important to keep a close watch on this token. ATH (Token) - The token has just been launched, with a pool of $72,000 on-chain. The 24-hour trading volume is $780,000, and the token plummeted by 72% today. Contract analysis indicates no major risks. It is essential to stay updated on this token. Onyx Dao (Token) - This is an experimental Arbitrum Defi protocol with current on-chain liquidity of $860,000, 24-hour trading volume of $4.77 million, and a total market cap of $1.8 million. After the token's launch, the secondary marke t price saw a nearly 5x increase, making the asset extremely hot in the market. ONYX can be staked in a pool to earn blue-chip tokens. 2.Popular NFTs: Credit DAO Proof V2 (NFT) - This NFT is the latest credential released by Credit DAO. It is already available on OpenSea, but has not generated any trading volume. Currently, there are 118,226 holders. While it is mainly used for collecting purposes at the moment, it is expected to provide benefits to its holders in the future. It is essential to stay updated on this NFT. Pix NFT Assets (NFT) - These are NFT assets related to Planet IX, one of the most popular games on Polygon. The game is consistently ranked at the top of the Polygon ecosystem rankings and has a very high level of popularity. 3.Popular DApps: BitKeep Swap (DApp) - After launching futures tokens for multiple blue-chip coins such as ARBK and SUIBG, Bitkeep's popularity has significantly increased, currently ranking in the top ten of all-chain DApps. It will continue to release futures tokens for more blue-chip coins to meet users' trading needs and provide more rewards. Zksync, Starknet (DApp) - Due to the effect of Arbitrum's airdrop, the interaction of other key projects that have not yet launched their tokens has increased rapidly. In the future, it is important to keep a close watch on projects with high interaction such as Zksync, Starknet, Scroll, Layerzero, and Lens. Stake.com (DApp)- Stake is a world-leading betting platform that has partnered with Alfa Romeo F1. The website is only open to users aged 18 and above from countries other than the US, Australia, and the UK. Users can place bets using cryptocurrency. The official Twitter account has 217,000 followers, with an average of over 20,000 views per tweet. Similarweb shows monthly traffic of 1.53 million, with the main traffic sources being Canada, Brazil, Argentina, the US, and Germany. The user base is large and widely distributed. Alien Worlds (DApp) - A space exploration game developed by Dacoco GmbH on the WAX chain. Alien Worlds provides players with land ownership, deployment tools, soldiers, and weapons, as well as customizing exclusive game characters. It is currently a multi-chain NFT DeFi metaverse game that supports Ethereum, WAX, and BSC. On March 22, it announced its participation in the 2023 Game Developers Conference (GDC 2023), and the project is actively organizing promotions. Element Market (DApp) - The Genesis Pass of the Element NFT trading platform has officially launched, with a 24-hour trading volume of 240 ETH, a total of 2,500 NFTs, and 1,322 holders. As the platform's user and community growth continue, Genesis Pass holders will benefit from it. Unltiverse (DApp) - This is a 3A-grade metaverse project invested in by Binance and Sequoia Capital. The first 2,500 users to collect all 8 CyberPink and WhiteDay badges will be eligible for a limited-edition skin. The activity ended in the early morning. Tiny World (DApp) - Tiny World is a P2E game on BSC that combines NFTs and DeFi. Players can collect hero NFTs to participate in PVP battles and earn rewards. The PVP Arena public beta version was launched in mid-March and is currently in the 53rd season of the leaderboard competition. MiningNetwork (DApp) - This is a mining game on WAX with a Windows 98 interface that is Free to Play and Play to Earn. The unique feature is the economic model in which game resources decrease as the number of participating users increases, reducing the output of ecological tokens, which increases the value of assets. Worldcoin (DApp) - Worldcoin, a cryptocurrency company founded by OpenAI CEO Sam Altman, plans to launch its mainnet in the first half of this year. Worldcoin aims to issue a global digital currency to every person in the world and build a unique personal identification code by scanning the iris through a spherical device it has developed, giving each person's digital currency a unique identity. The token is planned to launch in the first half of this year, and according to its website, the project has nearly 1.2 million registered users so far. 4.Twitter Hot Topics: EVMOS (Token) - EVMOS is an EVM network in the Cosmos ecosystem that aims to enable seamless interaction between chains through IBC with Ethereum mainnet, EVM-compatible environments, and other BFT chains. Recently, a YouTube channel dedicated to developers was created. DBX (Token) - DBX is a blockchain network with 30,000 Twitter followers, with a daily trading volume of $1,616,162. The price has fallen 99.8% from its peak, and the majority of trading volume is concentrated on the small exchange Probit. There are no on-chain liquidity pools, so it is essential to observe this token. JOE (Token) - JOE is the all-chain token of Trade Joe, which benefits from the popularity of the Arbitrum ecosystem. Despite competition from Uniswap V3's deployment to Avalanche, JOE's price has remained strong, doubling in value over the past seven days. 5.Regional Trending Searches: XRP (Token) - XRP has increased by over 20% in the last 24 hours. Despite external pressure from US regulatory agencies regarding the potential classification of XRP as a security, the XRPL aims to provide digital payment infrastructure for individuals and existing financial entities. Since February, the adoption of XRPL has significantly increased, and as more institutions and individuals use XRPL for cross-currency transactions and other use cases, this broader adoption could push up demand for XRP tokens. Main Body Written by: Bitget Research Data collection time: March 22, 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: 456,806 New active users of ETH: 85,218, with a daily decrease of 0.89% Existing active users of ETH: 371,588, with a daily decrease of 3.78% 1.1.2 New User Profile Core data: There were a total of 85,218 new active users on ETH yesterday, with a daily decrease of 0.89% Popular Sectors Popular Projects Key Projects: Zksync, Starknet (DApp) - Due to the effect of Arbitrum's airdrop, the interaction of other key projects that have not yet launched their tokens has increased rapidly. In the future, it is important to keep a close watch on projects with high interaction such as Zksync, Starknet, Scroll, Layerzero, and Lens. ENS (Token) - Spaceid will be launched at 12:00 pm (UTC) today, bringing some DID projects such as ENS, LIT, etc., back into the public attention. There has been some degree of price feedback, but the DID sector has not yet formed a strong momentum, resulting in low overall profitability. However, on March 22, ENS announced that it will hold the ENS Town Hall on March 30, which includes multiple updates. ENS's product is in a continuous iteration process and is expected to occupy a leading position in the DID sector in the future. It is essential to stay updated on this token. 1.1.3 Existing User Profile Core data: The number of ETH active existing users is 371,588, with a daily decrease of 3.78% Popular Sectors Popular Projects Key Projects: Stake.com (DApp)- Stake is a world-leading betting platform that has partnered with Alfa Romeo F1. The website is only open to users aged 18 and above from countries other than the US, Australia, and the UK. Users can place bets using cryptocurrency. The official Twitter account has 217,000 followers, with an average of over 20,000 views per tweet. Similarweb shows monthly traffic of 1.53 million, with the main traffic sources being Canada, Brazil, Argentina, the US, and Germany. The user base is large and widely distributed. Blur (Token) - On March 21, Blur's platform traded a total of 17,600 ETH, with OpenSea trading 5,563 ETH. Trading volume has remained stable recently, but BLUR's performance relative to BTC has been poor. Currently priced at 0.56 USDT, a short-term price rebound for BLUR can boost NFT trading. The second round of Blur's airdrop trading is currently underway, and the platform score for bidding and listing is doubled before April 1st. Users who interact more frequently during the last 10 days of the score-doubling period are expected to receive more airdrop rewards. 1.2 Popular Trading Pairs 1.2.1 Uniswap V2 HOBBES (Token) - Positioned as the token for Yorkshire Terrier that Elon has been raising for 15 years. On March 19th, Elon tweeted about the dog's name and other related information, and his mother also replied to the tweet expressing her love for Hobbes. Currently, the token has a 24-hour trading volume of $2.89 million, on-chain liquidity of $120,000, a market cap of $1.09 million, and contract analysis indicates no significant risks. It is essential to stay updated on this token. https://www.dextools.io/app/en/ether/pair-explorer/0x6178081202165c521c80b95d2c7ef54893c7232c BARD (Token) - Positioned as the token for Google's AI chatbot Bard, the token has been mainly riding on the trend recently. However, it rose by 426% in a single day on March 21. The on-chain liquidity is $109,000, with a 24-hour trading volume of $873,000. Contract analysis indicates no significant risks. It is essential to stay updated on this token. https://www.dextools.io/app/en/ether/pair-explorer/0x1c8a9844091d5136b50f5b04b30de9e564ce397b BEAST (Token) - BEAST is a new memecoin project that announced the upcoming release of its whitepaper on March 22 and has been advertising on Facebook, Avedex, and dexscreener. However, there has been no update on the progress of the project. The 24-hour trading volume is $160,000, with only $15,000 in liquidity. Contract analysis indicates no significant risks. It is essential to stay updated on this token. https://www.dextools.io/app/en/ether/pair-explorer/0x3448d508f0e93f85300c4b8aacb99ff7d9d4dc24 GATSBY (Token) - The project is a memecoin based on Elon Musk's dog named Gatsby, which he introduced on Twitter on April 29th, 2019. The token has an on-chain liquidity of only $13,600 and a trading volume of $490,000 in the past 24 hours. Contract analysis indicates no significant risks. It is essential to stay updated on this token. https://www.dextools.io/app/en/ether/pair-explorer/0xc37ecc839ba67a46847dc367252b057f8feae680 GROOM (Token) - The project is positioned as a meme that takes care of the Shibarium community. The token has just been launched and has an on-chain liquidity of only $7900, with a trading volume of $120,000 in the past 24 hours. Contract analysis indicates no significant risks. It is essential to stay updated on this token. https://www.dextools.io/app/en/ether/pair-explorer/0x2fc51f1201349266cee7e99c5c238bd90ce526e0 1.2.2 Uniswap V3 HEX (Token) - Designed and launched by Richard Heart on December 2, 2019, HEX claims to be a certificate of deposit on the blockchain. Recently, the market trading activity has been extremely high, with the trading volume of just the HEX/USDC pair reaching $8.15 million in the last 24 hours. It has appeared multiple times in the trending cryptocurrency rankings of various countries, and the token has increased by about 6x from the bottom in December 2022, which led to a high level of attention from the community. https://www.dextools.io/app/en/ether/pair-explorer/0x69d91b94f0aaf8e8a2586909fa77a5c2c89818d5 MATIC (Token) - On March 27, Polygon will officially launch the beta version of zkEVM, which has generated high expectations among users. https://www.bitget.com/en/spot/MATICUSDT_SPBL?type=spot GALA (Token) - The 2023 GDC will be held in San Francisco, USA from March 20th to 24th. This event usually determines the future direction of the gaming industry, and as a result, many gaming-related projects experienced some movement in response to this news. https://www.bitget.com/en/spot/ GALAUSDT_SPBL?type=spot 2.Blockchain Profile - BSC Chain 2.1 User Profile 2.1.1 Core Data Total active users on BSC: 1,263,076 New active users on BSC: 169,268, with a daily increase of 25.82% Existing active users on BSC: 1,093,808, with a daily increase of 4.06% 2.1.2 New User Profile Core data: There were a total of 169,268 new active users on BSC yesterday, with a daily increase of 25.82% Popular Sectors Popular Projects Key Projects: SpaceID (Token) - SpaceID is the 30th Launchpad project of Binance, and its token will begin trading around 12:00 pm (UTC) on March 22nd. The project has received a lot of attention from users, and Bitget will be one of the first to list the token. SQUA (Token) - SQUA is a payment-oriented token specifically developed for payment systems within GoFintech Group's ecosystem and its partners. It is automatically destroyed during payment transactions. In the past 24 hours, its trading volume reached $15.26 million, with on-chain liquidity of $7.36 million, indicating high trading activity. Contract analysis indicates no risks. It is important to keep a close watch on this token. https://www.dextools.io/app/en/bnb/pair-explorer/0xc70734ef92893cf7ae131b13874f8c531584fc4e Yesworld (Token) - This is a memecoin related to green energy and carbon reduction. It has $485,000 on-chain liquidity and $244,000 trading volume in the past 24 hours. The token's trend is highly controlled, and there is a risk of potential additional issuance based on contract evaluation. It is essential to stay updated on this token. https://www.dextools.io/app/en/bnb/pair-explorer/0x1391614b95634ec0e5e604a2520a32eff3a3d4d4 2.1.3 Existing User Profile Core data: The number of BSC active existing users is 1,093,808, with a daily increase of 4.06% Popular Sectors Popular Projects Business Opportunity 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. Many well-known project parties such as BNB Chain, SpaceID, and the recently popular ImageAI, will participate and hold events on Link3. According to SimilarWeb, the monthly visit is 762,000, and the main traffic sources are Japan, Poland, Turkey, the United States, and Russia. Koge (Token) - BNB48 Club is a DAO created by a group of investors who share a common passion for BNB. KOGE represents the open governance voting rights of 48 Club. Users who hold the token can enjoy the benefits provided by the club. The token has a 24-hour trading volume of $32,000 and a relatively frequent interaction, but low trading volume. It is essential to stay updated on this token. https://www.dextools.io/app/en/bnb/pair-explorer/0x26de6c26dd5560c181011907d8f70c202c2a29d6 2.2 Popular Trading Pairs 2.2.1 PancakeSwap V2 CBC (Token) - The token has just been listed and has a liquidity pool of $484,000. Its 24-hour trading volume is $440,000, with a market cap of $4.97 million. Contract analysis shows a 20% buy tax, which indicates a higher risk factor. https://www.dextools.io/app/en/bnb/pair-explorer/0x648a833ef370bdf299fbea7c0b42e312fcdf6d77 INTER (Token) - The token has just been listed and has a liquidity pool of $104,000. In the last 24 hours, the trading volume reached $2.22 million. However, the token has already broken its previous support level, and contract analysis shows that the owner can modify the balance, making it a high-risk asset. https://www.dextools.io/app/en/bnb/pair-explorer/0x142e708fcab726988d4ee5c3ce872da14934dbc5 ATH (Token) - The token has just been launched, with a pool of $72,000 on-chain. The 24-hour trading volume is $780,000, and the token plummeted by 72% today. Contract analysis indicates no major risks. It is essential to stay updated on this token. https://www.dextools.io/app/en/bnb/pair-explorer/0x64e19414b0264b1141562deec4fc87310e4216ed TTAI (Token) - The project is positioned as an AI trading platform. The token has just been listed on CMC and Coingecko. The on-chain liquidity pool has reached $80,000, with a trading volume of $635,000 in the past 24 hours. The token has risen by 20% today. Contract analysis indicates no risks. It is essential to stay updated on this token. https://www.dextools.io/app/en/bnb/pair-explorer/0xd800badd250f38028b89665805c0643016bf98ad 3.Blockchain Profile - Polygon Chain 3.1 User Profile 3.1.1 Core Data Total active users on Polygon: 414,441 New active users on Polygon: 86,614, with a daily decrease of 38.95% Existing active users on Polygon: 327,827, with a daily decrease of 3.30% 3.1.2 New User Profile Core data: There were a total of 86,614 new active users on Polygon yesterday, with a daily decrease of 38.95% Popular Sectors Popular Projects Key Projects: SUIBG (Token), SUI Futures 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. As of now, SUIBG has 13,470 holders, with 345,000 on-chain transfers. Credit DAO Proof V2 (NFT) - This NFT is the latest credential released by Credit DAO. It is already available on OpenSea, but has not generated any trading volume. Currently, there are 118,226 holders. While it is mainly used for collecting purposes at the moment, it is expected to provide benefits to its holders in the future. It is essential to stay updated on this NFT. https://opensea.io/collection/credit-dao-proof-v2 3.1.3 Existing User Profile Core Data: The number of Polygon active existing users is 327,827, with a daily decrease of 3.30% Popular Sectors Popular Projects Key Projects: Galxe (DApp) - Galxe is an on-chain task platform and a top-tier application of DID. With the issuance of Space ID, the focus of the cryptocurrency community has shifted to the DID track. Additionally, the recent Arbitrum token releases have led users to have high expectations for airdrops from various projects (many projects will use "participation in Galxe's activities and holding OAT tokens" as one of the criteria for airdrops). As a result, Galxe's daily activity has continued to rise. On March 22nd, the project announced its launch on Avalanche, and future multi-chain deployment will continue to increase Galxe's project reserves, making it a key bridge connecting users and projects. Pix NFT Assets (NFT) - These are NFT assets related to Planet IX, one of the most popular games on Polygon. The game is consistently ranked at the top of the Polygon ecosystem rankings and has a very high level of popularity. https://opensea.io/collection/planet-ix 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 a liquidity of $43,000 on-chain 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 Runy (Token) - This metaverse game is built on Polygon, with on-chain liquidity of $90,000 and a 24-hour trading volume of $110,000. It has 2,412 Twitter followers and is not yet very popular. The project already has a product, and recent price movements have been closely controlled. Contract analysis indicates the potential of additional issuance. It is essential to stay updated on this token. https://www.dextools.io/app/en/polygon/pair-explorer/0xfc704de88db4858419d5d0af080486a95343ba15 4.Blockchain Profile - Arbitrum Chain 4.1 User Profile 4.1.1 Core Data Arbitrum Active Users: 268,512 Arbitrum New Active Users: 121,644, with a daily increase of 133.16% Arbitrum Existing Active Users: 146,868, with a daily increase of 6.48% 4.1.2 New User Profile Core data: There were a total of 121,644 new active users on Arbitrum yesterday, with a daily increase of 133.16% Popular Sectors Popular Projects Key Projects: VELA (Token) - Vela Exchange is a rebranded product of Dexpools ($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 $49 million. Sushi (DApp) - On March 21st, Sushi DAO and its CEO, Jared Grey, received subpoenas from the US SEC. Jared proposed to establish a $3 million legal defense fund. Sushi's current development is not optimistic, as traditional DEXs such as Uniswap and Curve firmly hold market share, and emerging Ve+3,3 mode DEXs are gradually growing in size. It is essential to stay updated on Sushi's future development. 4.1.3 Existing User Profile Core data: The number of Arbitrum active existing users is 146,868, with a daily increase of 6.48% Popular Sectors Popular Projects Key Projects: Lighter Router (DApp) - A DeFi router invested in by A16Z and Lightspeed, which stands out for its more affordable, faster, and cheaper routing prices. As a decentralized order book exchange, it has great potential as a recently launched platform. LayerZero (DApp) - LayerZero is a cross-chain interoperability protocol that allows applications deployed on different chains to communicate with each other without the need for any intermediary chain or consensus mechanism. As an important foundation for information transmission, LayerZero has opened up a new dimension of cross-chain composability and functionality. Recently, with the launch of its token on Arbitrum, a large number of users have started using LayerZero for cross-chain operations, which has increased the project's activity. 4.2 Popular Trading Pairs 4.2.1 Uniswap V3 MAGIC (Token) - Magic has announced the launch of its new game, Zeeverse, in conjunction with the Game Developer Conference. The token has seen an 80% rebound from its bottom, with a trading volume of nearly $300 million in the past 24 hours. Since January, gaming projects have primarily focused on GALA and MAGIC, which are at the core of hype in this space. As the products become more mature, there is still room for growth and development in the gaming industry. https://www.bitget.com/en/spot/MAGICUSDT_SPBL?type=spot GDX (Token, DApp) - Gridex, an order book spot exchange in the Arbitrum ecosystem that has attracted more users through airdrops, has experienced a continuous increase in token price. Recently, they announced the start of Airdrop 3, and makers who trade ARB will receive GDX airdrop rewards. GDX is now available on Bitget, so feel free to head over and trade. RAM (Token) - Ramses Exchange is a ve(3,3) DEX in the Arbitrum ecosystem, with a rapidly increasing TVL reaching $68 million. 5.DApp Ecosystem - All Chains Alien Worlds (DApp) - A space exploration game developed by Dacoco GmbH on the WAX chain. Alien Worlds provides players with land ownership, deployment tools, soldiers, and weapons, as well as customizing exclusive game characters. It is currently a multi-chain NFT DeFi metaverse game that supports Ethereum, WAX, and BSC. On March 22, it announced its participation in the 2023 Game Developers Conference (GDC 2023), and the project is actively organizing promotions. BitKeep Swap (DApp) - After launching futures tokens for multiple blue-chip coins such as ARBK and SUIBG, Bitkeep's popularity has significantly increased, currently ranking in the top ten of all-chain DApps. It will continue to release futures tokens for more blue-chip coins to meet users' trading needs and provide more rewards. 6.DApp Ecosystem - ETH Chain Metamask swap (DApp) - Metamask has maintained a daily trading volume of around $15 million in the past week without any particular trend. However, on March 11th, it set a historical high of $174 million in trading volume, likely due to the impact of USDC FUD, and earned $1.5 million in fees. Element Market (DApp) - The Genesis Pass of the Element NFT trading platform has officially launched, with a 24-hour trading volume of 240 ETH, a total of 2,500 NFTs, and 1,322 holders. As the platform's user and community growth continue, Genesis Pass holders will benefit from it. https://element.market/collections/element-pass-genesis Galxe (DApp) - Galxe announced a partnership with Ava Labs, the developer of Avalanche, to launch proprietary on-chain achievement tokens (OAT) on AVAX, enabling Avalanche DApps to connect Web3 users through reward-based loyalty without the need for gas for minting. 7.DApp Ecosystem - BSC Chain Unltiverse (DApp) - This is a 3A-grade metaverse project invested in by Binance and Sequoia Capital. The first 2,500 users to collect all 8 CyberPink and WhiteDay badges will be eligible for a limited-edition skin. The activity ended in the early morning. Tiny World (DApp) - Tiny World is a P2E game on BSC that combines NFTs and DeFi. Players can collect hero NFTs to participate in PVP battles and earn rewards. The PVP Arena public beta version was launched in mid-March and is currently in the 53rd season of the leaderboard competition. 8.DApp Ecosystem - Polygon Chain Bomb Crypto 2.0 (Dapp) - A Play-To-Earn Game in which players manage a group of robotic bomb heroes who search for bombs and fight monsters in the game, with rankings based on battles. Currently ranked 8th in daily active users among Polygon's gaming DApps, it has a good level of activity. 9.DApp Ecosystem - WAX Chain Alien Worlds (DApp) - A space exploration game developed by Dacoco GmbH on the WAX chain, other details of which have been mentioned earlier in the report. On March 22, it announced its participation in the 2023 Game Developers Conference (GDC 2023), and the project is actively organizing promotions. MiningNetwork (DApp) - This is a mining game on WAX with a Windows 98 interface that is Free to Play and Play to Earn. The unique feature is the economic model in which game resources decrease as the number of participating users increases, reducing the output of ecological tokens, which increases the value of assets. 10.DApp Ecosystem - Solana Chain The UAW project on Solana continues to be led by Magic Eden, with the top five projects remaining largely unchanged. Projects beyond the top five are struggling with a very small user base. 11.DApp Ecosystem - Arbitrum Chain BitKeep Swap (DApp) - After launching futures tokens for multiple blue-chip coins such as ARBK and SUIBG, Bitkeep's popularity has significantly increased, currently ranking in the top ten of all-chain DApps. It has been a long-time leader in the Arbitrum ecosystem. The user activity is very high, and it provides various types of support for the latest DApps to help users seize opportunities in a timely manner. Uniswap (DApp) - After Arbitrum announced the airdrop, the trading volume of Arbi continued to increase and has reached one-third of that on the ETH mainnet, ranking second among all chains. The trading activity of various DEX products on the chain has increased significantly, and Uniswap also saw nearly a 20% increase in UAW today. Onyx Dao (Token) - This is an experimental Arbitrum Defi protocol with current on-chain liquidity of $860,000, 24-hour trading volume of $4.77 million, and a total market cap of $1.8 million. After the token's launch, the secondary market price saw a nearly 5x increase, making the asset extremely hot in the market. ONYX can be staked in a pool to earn blue-chip tokens. https://www.dextools.io/app/en/arbitrum/pair-explorer/0xb8fcc49ecc9206dabb48b28ecbcfd31d5c6346d1 12.DApp Ecosystem - GameFi Sector Across All Chains Alien Worlds, Ultiverse, and Tiny World have seen significant growth in their UAW, as previously mentioned. 13.Gas Fee Consumption - ETH Chain zkSync (DApp) - The ARB airdrop has sparked increased user interaction with other well-known Layer 2 projects, including zkSync. A clear example is the DEX ZigZag, which is based on zkSync Lite and tweeted yesterday that it processed nearly 100,000 transactions in 24 hours. 14.Gas Fee Consumption - BSC Chain Space ID (DApp, Token) - Space ID will launch its token, $ID, on Binance Launchpad. Space ID has released the airdrop details, with over 290,000 holders eligible to claim, and applications will be open starting March 22nd. 15.Gas Fee Consumption - Polygon Chain Worldcoin (DApp) - Worldcoin, a cryptocurrency company founded by OpenAI CEO Sam Altman, plans to launch its mainnet in the first half of this year. Worldcoin aims to issue a global digital currency to every person in the world and build a unique personal identification code by scanning the iris through a spherical device it has developed, giving each person's digital currency a unique identity. The token is planned to launch in the first half of this year, and according to its website, the project has nearly 1.2 million registered users so far. 16.Gas Fee Consumption - Arbitrum Chain D5 Exchange (DApp) - GDX (Gridex) is a DEX aggregator behind the Arbitrum ecosystem's order book spot exchange. It has attracted more attention from users through airdrops, resulting in a sustained increase in token price. Recently, it announced the start of Airdrop 3, where traders who place maker orders in the ARB will receive GDX airdrop rewards. GDX is now listed on the Bitget exchange and users are welcome to trade on the platform. ARBK (Token) - Arbitru m Futures BitKeep, ARBK is the credential of the official Arbitrum token issued by BitKeep. By holding ARBK and completing corresponding tasks, users can qualify for a 100% exchange of the official Arbitrum token in the future, enabling them to anticipate the development of the Arbitrum ecosystem in advance. Yesterday's official launch of ARB strengthened the expectations for ARBK, resulting in increased traffic. 17.Twitter Trends Token Top 20 From the perspective of token popularity on Twitter trends: Tokens with significant increases in popularity: EGLD, EVMOS, BNB, FIL Newly listed tokens: MAGIC, GMX (The Tier 1 projects in the Arbitrum ecosystem are being repeatedly mentioned and hyped due to the popularity of the ecosystem.) EVMOS (Token) - EVMOS is an EVM network in the Cosmos ecosystem that aims to enable seamless interaction between chains through IBC with Ethereum mainnet, EVM-compatible environments, and other BFT chains. Recently, a YouTube channel dedicated to developers was created. 18.Token Mentioned Frequency by KOLs on Twitter Super KOLs mentioned the following hot tokens: BTC, ARB, USDC, gDAI Builders mentioned the following tokens: DBX, DQUICK, USDC DBX (Token) - DBX is a blockchain network with 30,000 Twitter followers, with a daily trading volume of $1,616,162. The price has fallen 99.8% from its peak, and the majority of trading volume is concentrated on the small exchange Probit. There are no on-chain liquidity pools, so it is essential to observe this token. 19.Token Mentioned Frequency by VCs on Twitter Based on the frequency of mentions by VC firms on Twitter: USDC, BTC, SIDUS, NOM, THOR, ALGO, ARB, APE； 20.Google Trends - Global XRP (Token) - XRP has increased by over 20% in the last 24 hours. Despite external pressure from US regulatory agencies regarding the potential classification of XRP as a security, the XRPL aims to provide digital payment infrastructure for individuals and existing financial entities. Since February, the adoption of XRPL has significantly increased, and as more institutions and individuals use XRPL for cross-currency transactions and other use cases, this broader adoption could push up demand for XRP tokens. JOE (Token) - JOE is the all-chain token of Trade Joe, which benefits from the popularity of the Arbitrum ecosystem. Despite competition from Uniswap V3's deployment to Avalanche, JOE's price has remained strong, doubling in value over the past seven days. 21.Google Trends Surge - East Asia, South Asia, Southeast Asia, Hong Kong, Macau, and Taiwan a) South Asia Region India Trending Tokens: XRP, WAVE Pakistan Trending Tokens: XRP b) Southeast Asia Region Philippines Trending Tokens: XRP, ADA, BLUR Indonesia Trending Tokens: WAVES Vietnam Trending Tokens: BTC, GPT c) East Asia and Hong Kong, Macau, and Taiwan No important trending keywords. 22.Google Trends Surge - English-speaking Countries, Europe, CIS Region a) CIS Region Trending Keywords: "crypto casino" gains attention in Ukraine region. b) English-speaking Countries USA Trending Tokens: SOLO, XRP Canada Trending Tokens: ADA, FLOKI Australia Trending Tokens: OP, STX, JOE, GMX, XRP UK Trending Tokens: WTK, XRP, GALA c) Europe Spain Trending Tokens: T23, XRP,JOE,HEX,EGLD Italy Trending Tokens: FLOKI, XRP France Trending Tokens: HOOK, DAI, QTUM, MAGIC Germany Trending Tokens: XRP Poland Trending Tokens: XRP, HEX, SHIB,TRX 23.Google Trends Surge - Middle East, Latin America, Africa a) Africa Nigeria Trending Keywords: paxful, Kraken South Africa Trending Keywords: truth gpt crypto, VALR b) Middle East No important trending keywords. c) Latin America Brazil Trending Tokens: XRP, ADA, SDAO, JOE, Elrond Mexico Trending Tokens: SHIB, GRT Argentina Trending Tokens: SSHIB, CAKE

Bitget Bites (September 30, 2022)

The global market cap is standing at US$943.00 billion, showing a 0.14% increase from yesterday but the 24-hour volume went down by 14.89% to US$69.87 billion. Our report on activities of the Spot Market and Futures Market are below: Spot Market Updates Bitcoin has been trading between US$18,924.35 and US$19,632.98 within the last 24 hours. As of 3:30 AM UTC, BTC price stands at US$19,479.18 which is a 0.79% decrease compared to Ethereum’s 1.02% decrease. There has also been a significant decrease (-15.66%) in the volume of our spot market. There has been a significant increase in the volume and price of altcoins over the past 24 hours, with XRP (+8.46%) being the only 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$0.1965 and US$0.1909 respectively. The Top 3 Gainers of The Day are XDC network token (XDC), Trilium Token (TLM), and RSS3 Token (RSS3): 1st Place XDCUSDT: Up by 3.33% The XDC Network (formerly called XinFin Network) is an enterprise-grade, EVM-compatible blockchain equipped with interoperable smart contracts. With a 24-hour trading volume of US$13,511.23, touching a high of US$0.03200 and a low of US$0.02887 in the past 24 hours, XDC is trading at a current market price of US$0.03100. 2nd Place TLMUSDT: Up by 3.06% Alien Worlds (TLM) is a decentralized, non-fungible token (NFT) metaverse, where players compete for scarce resources, Trilium (TLM), in a stimulated economy centered around planetary worlds. With a 24-hour trading volume of US$569,514.45, touching a high of US$0.02423 and a low of US$0.02169 in the past 24 hours, TLM is trading at a current market price of US$0.02325. 3rd Place RSS3USDT: Up by 2.85% RSS3 is a next-generation feed protocol that powers decentralized social, content, and e-commerce applications. With a 24-hour trading volume of US$139,910.92, touching a high of US$0.1270 and a low of US$0.1224 in the past 24 hours, RSS3 is trading at a current market price of US$0.1260. Meanwhile, the Top 3 Losers include: PRIMEUSDT (-35.69%), EVMOSUSDT (-12.66%) and MOONEYUSDT (-11.56%). Futures Market Updates Activities on Futures markets are expanding, with the Open Interest (OI) of all cryptocurrencies now recorded at US$4.87 billion, equivalent to a 0.83% increase. And the aggregated futures volume saw a decrease of 10.26% to US$210 billion from yesterday. Bitcoin remained the most popular underlying asset for Futures traders and, obviously, the most liquid market: Bitcoin OI Dominance accounts for 69% of the total OI, now standing at US$3.38 billion, which is a 1.81% increase from yesterday. The daily volume of Bitcoin contracts increased by 10.52% to US$294,958.50. The last cycle of funding rate (+0.0068%) demonstrates a potential sell signal. Bitcoin Long/Short Ratio reflects the market sentiment on this flagship coin, bullish at 58.92%/41.08%. Most BTC long ETFs also locked in a price increase from yesterday, except for the highly anticipated ProShares’ Short Bitcoin Strategy ETF (BITI), which closed the day at US$38.44 from the opening price of US$38.67. Interesting Topics Decentralized Internet - Web1, Web2, and Web3 Understanding the Crypto Spot Market (Part 2) Tokenomics, Which Criteria to Study? Trending Events Earn up to 48% APY and Win BGB Airdrops Trade and Win Up to 250 USDT in Prizes! 0% Payment Fees, Buy Crypto With Bitget via Banxa Follow Us For More Insights: Twitter | Telegram | LinkedIn | Facebook | Instagram

Bitget Hot Takes (July 18 - July 24)

As your most credible source of crypto news and knowledge, Bitget Academy is proud to release Bitget Hot Takes - our weekly newsletter series, the 360-degree onboarding guide for all crypto enthusiasts. Central Themes BGB has the lowest price volatility in the last 7 days. Global market cap exceeded US$1 trillion again, Bitcoin briefly crossed US$24,000. Tesla sold 75% of its Bitcoin holdings. US$150 million was injected in crypto projects, but US$1.5 million was exploited by hackers. BGB Had The Lowest Volatility BGB cumulative return stayed positive for five out of seven days over the week, while the losses incurred on Tuesday and Wednesday were recorded at 0.06% and 0.02%, respectively. Bitget Token ended the week with a green. It should be noted as well that the BGB price didn’t see any radical changes with the 0.1905% weekly volatility. Global Market Regained US$1 Trillion Mark Most remarkable this week was when the global market capitalisation surpassed US$1 trillion, resulting from a mini bull run for Bitcoin and Ethereum. Data shows that Bitcoin funding rate has reached the highest level since May on July 19, meaning that long positions have been dominating. Source: Santiment Analysis Another indicator that signals the anticipation of Bitcoin’s new breakout was the Fear Greed Index, which rose to 31 of Fear. The market was constantly in a state of Extreme Fear over the last weeks. Source: alternative.me Crypto advocates are also looking for positive developments in the Ethereum network as well as its ecosystem with The Merge approaching. So far Ethereum has been leading the pack, showing a 7-day growth of 15% as traders speculate on the coin’s new highs. Stakers were also actively draining exchanges’ Ethereum reserve and deposit their holdings onto the Beacon Chain. Source: Glassnode Source: Dune Analytics Two things to watch out: (1) Bitcoin’s mining difficulty dropped by 5.01%, the highest in the last 12 months. Although the impact on Bitcoin is less significant, normally a drop in network difficulty can affect the coin’s price, and not in a positive way. (2) Tesla Q2 report reveals that the company has sold 75% of its Bitcoin holdings for approximately US$963 million, hurting the general sentiment. In and Out The NFT market suffered two hacks in the last 7 days. The NFT registration platform Premint was infiltrated by hackers; 320 NFTs were stolen and sold for more than US$400,000. On Saturday, the decentralised music streaming protocol Audius became the next victim, losing 18 million AUDIO tokens (US$1.1 million) by a malicious governance vote. Meanwhile, investors have injected nearly US$150 million into crypto projects in NFT, DeFi and blockchain security:- XLD Finance received US$13 million in a pre-Series A funding round led by Dragonfly Capital and Infinity Ventures Crypto. - Halborn raised US$90 million in a Series funding round led by Summit Partners. - Optic Nerve acquired US$11 million in a seed funding round led by Pantera Capital and Kleiner Perkins. - Hashflow raised US$25 million in a Series A funding round with participation from Dragonfly Capital, Coinbase Ventures, Kraken Ventures, Jump Crypto, Kronos Research, among other investors. - Cardinal raised US$4.4 million in a seed funding round led by Solana Ventures and Protagonist. New funds for crypto investments were also created to accelerate technological breakthroughs in the digital space. The prestigious art auction house Christine’s launched the Christine’s Ventures on July 18, which is meant to support companies that bring technology to art. Modular Capital, US$20 million hedge fund, was introduced later the same day with support from Multicoin and Ledger Prime. Asset manager Valkyrie is the latest to plan a crypto VC arm, aiming for US$30 million in investment. Other Sectors The impressive growth of GameFi and Metaverse has clearly captured the attention of the gaming industry, where big names see huge opportunities for expansion. Final Fantasy Maker Square Enix was the most engaging last week, announcing the plan to bring Final Fantasy NFTs to Polkadot and participating in the new investment round of the gaming startup Zebedee. However, Microsoft appeared to be less friendly towards the NFT trend as Minecraft banned NFTs and NFTs using in-game assets on all servers. A big player in Metaverse, Animoca Brands, has partnered with Alien Worlds, Dapper Labs, Decentraland, Star Atlas and The Sandbox to launch a DAO for information freedom and interoperability across metaverse platforms. Good news within the DeFi space was encouraging as well. Founder of Curve Finance hinted about a new, over-collateralised stablecoin at a Web3 Summit, making the protocol’s native token jump by 21% overnight. In addition, Aave DAO and Balancer Protocol completed a US$1 million swap between AAVE and BAL in order to strengthen their collaboration as well as reinforcing DeFi’s robustness. The Latest Bitget News Determined to bring our users the best crypto experience, Bitget constantly adds new trading pairs each week alongside the interesting, bountiful events. Don’t forget to register your Bitget account here to join the weekly, exclusive Live Trader AMA in our community group! New Listings FIUUSDT SLGUSDTSYSUSDT XETAUSDT DAOUSDT New Events US$120 Welcome Bonus For Futures New Traders Deposit To Earn 1,500 USDT Open Treasure Chest for $50 and 1,000 BGB Upgraded Bitget Referral Program Good Reads Bitget Semi-annual Report 2022 Five Reasons To Use Grid Trading Introduction to Origin Dollar Governance Follow us for the latest updates: Twitter | Telegram | LinkedIn | Facebook | Instagram

What is the Value of Blockchain?

Blockchain is often mentioned and has become a buzzword. In this article, you will understand the main use-cases and what is the value of blockchain. The blockchain technology allows the emergence of cryptocurrencies, also known as “cryptos”. It also enables the advent of Non Fungible Tokens, the “NFTs”. Some technical evolutions are also very useful and the main ones are “smart contracts”. Last but not least, all the buzz regarding this technology would not have been possible without Decentralized Autonomous Organizations (DAOs) and Decentralized Autonomous Companies (DACs). Cryptocurrency Transferring money digitally has always been a challenge. Bitcoin, the first cryptocurrency, has made this possible in a decentralized way without going through a third party. Long before the publication of the Bitcoin white paper, many researchers had been trying to find the solution to develop a digital currency. They had never succeeded in doing so in a secure and decentralized way. Since then, new researchers, mathematicians and engineers have invented new cryptocurrencies. Thanks to its new cryptocurrencies, the exchange of value related to money is now done at a lower cost thanks to the distributed register that is the blockchain. Cryptocurrency is the decentralized digital money. Its creation and management are controlled by cryptography. The underlying technology behind cryptocurrencies is Blockchain, which is a data storage technology that prevents anyone from changing the data stored on the Blockchain. There is no centralized server to manage the Blockchain. Instead, they are run by thousands of computers distributed around the world. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger. Digital Tokens and NFTs NFTs are one of the most famous types of digital tokens. A digital token is aimed for facilitating real-world transactions via decentralized technology. NFTs are derived from a feature born on Ethereum, the second most used blockchain after Bitcoin. NFTs can represent real-world items like artwork and real estate. The main advantage of NFTs is that they represent an underlying asset, which therefore exists in "real life", outside the "internet". This allows them to give a kind of digital identity to these objects. Here are some of the most famous NFT projects: - In EVERYDAYS: THE FIRST 5000 DAYS, Beeple has stitched together recurring themes and color schemes into an aesthetic whole. The individual pieces are organized in loose chronological order: zooming in reveals pictures by turn abstract, fantastical, grotesque or absurd, deeply personal or representative of current events. Recurring themes include society’s obsession with and fear of technology; the desire for and resentment of wealth; and America’s recent political turbulence. - Nothing signals one’s crypto cachet quite like owning a CryptoPunk. NYC’s Larva Labs gave away the 10,000 pixelated faces for free in 2017, years before they started selling for millions. The characters all have unique combinations of traits, like being an alien, wearing sunglasses, or smoking. - Founded in 2019 by Nicolas Julia and Adrien Montfort, Sorare is a fantasy football game start-up that set a historic record in French fundraising. Smart Contracts Smart Contracts are contracts that rely on Blockchain technology to make their terms and conditions of execution unforgeable. Think of smart contracts as a vending machine: you insert a coin, type in the number of the desired product and the product falls out for you to pick up. When you create a smart contract, you indicate the conditions of execution and if the conditions are fulfilled, then you get the desired consequence. The use of smart contracts makes it possible to keep records and automate actions via autonomous programs. The goal here is generally to : - Reduce the costs related to the presence of intermediary actors within a transaction process, while defining a new mode of governance considered more fair and ethical; - Secure transactions with a contract based on strict conditions: if these conditions are not met, the program does not run; - Improve network transparency by making information 100% accessible. Note that it is not essential to systematically use smart contracts to create decentralized applications. Some blockchains rely on a different way of working, based on side chains, which also make it very easy to deploy decentralized and secure applications. Whatever the technology used for a DApp (a Decentralized Application), it generally takes the form of a decentralized platform. Decentralized platforms put the participants of the network in direct contact with each other, thus functioning as a peer-to-peer network. They can concern a vast field of activity. Some case examples: - Content creation, by putting authors and artists in direct contact with readers/listeners/viewers. The choice of a blockchain architecture allows a better management of copyrights and a better remuneration of content creators. - Solar energy, for example by allowing the direct exchange of energy between producers and consumers through the development of smart grids. - Computing power, by allowing some players to allocate part of their computing power to avoid network users having to use very expensive servers. - Data storage, to allow some to rent their storage space to other users on a peer-to-peer basis. DAOs and DACs DAO, for "decentralized autonomous organization", is a smart contract deployed on the Ethereum blockchain that works like a decentralized venture capital fund. A DAO (Decentralized Autonomous Organization) is an entity powered by a computer program that provides automated governance rules to a community. The DAO is a smart, complex contract deployed on the Ethereum blockchain, and is similar to a decentralized venture capital fund. These rules are immutably and transparently written into a blockchain, a secure information storage and transmission technology that operates without a central controlling body. A DAO differs, in theory, from a traditional entity in three ways: it cannot be stopped or closed, no one or no organization can control it (and thus manipulate its numbers) and, finally, everything is transparent and auditable, all within a supranational framework. A DAO is based on computer code: its operating rules are public and it does not rely on any jurisdiction. A decentralized autonomous organization (DAO), sometimes called a decentralized autonomous corporation (DAC), is an organization constructed by rules encoded as a computer program that is often transparent, controlled by the organization's members and not influenced by a central government. 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.

Blockchain101: What is Play to Earn (P2E)?

Have you imagined making money while you are playing online games? It was definitely a myth ten years ago. But now, you don’t need to be a game developer. You don’t need to be a top e-sport player. Everyone like you and me is able to earn money as a gamer on Blockchain games like Axie Infinity, Decentraland, Alien Worlds, The Sandbox… That’s what we call Game-Fi and Play to Earn! In this article, we will walk you through what is Play to Earn (P2E) and the Blockchain games you can cash out. What is Play to Earn (P2E)? Play to Earn (P2E) is the new gaming model based on the Blockchain technology. The greatest feature of P2E is allowing users to earn crypto and non-fungible tokens (NFTs) that can be transacted on the bf59f56c-8e20-49f6-ab2f-0abe4dc60e84, so that they can make money while playing games. In a P2E game, gamers can make money through completing specific missions, holding and transacting in-game assets like virtual land, skins or weapons or contributing to the ecosystem of the game. The P2E game looks like a reality similar to our real life. It has created its own economic system and business models, like transaction system, NFTs, coins, marketing mechanism and governing. Gamers are able to earn an income in it. Three Popular Play-to-Earn ways in Blockchain games in 2022 1. Completing a specific task: Gamers can receive a financial reward when they complete an in-game task, usually crypto or tokens that can be exchanged on the market. In Axie Infinity, gamers will be rewarded AXS tokens for winning battles and tournaments, tending plots of land and breeding Axie. 2. Trading in-game assets: With the Blockchain technology, the ownership of digital assets is represented by NFTs. It allows gamers to carry out transactions of NFTs to make money. In Cryptovoxels, The Sandbox and Decentraland, gamers are able to buy and sell land ownership on markets. In CryptoKitties or Axie Infinity, players can breed their creatures and exchange their represented NFTs to earn tokens. 3. Leasing of the assets: Through adding value to the in-game assets, like developing your own virtual land in Sandbox, you can generate revenue through leasing it for different usages like virtual concerts, events, casinos or virtual shops. Three differences between Game-Fi and traditional online games Playing while earning is definitely a cool idea, especially to young men. Why do traditional online game companies not develop this P2E business model? Here is the reason why: Decentralized vs Centralized: P2E games: They are based on the Blockchain technology. The data on the Blockchain is immutable and distributed on the nodes around the globe, which reduces the risk of losing the data. The ownership of the in-game assets is completely protected as the details of ownership are stored on the Blockchain. That’s the reason why purchasing land in Sandbox has become a trend that so many traditional businesses like Gucci are involved in. Traditional online games: They are based on a central server. If your account is hacked or banned by the game’s admins, you will lose all your in-game assets as ownership is not completely protected in a traditional game, so transactions of in-game assets in a traditional game are not as popular as Game-Fi. Read more: Blockchain 101: Blockchain Basics, Blockchain 101: Blockchain History Transparency vs opaque: P2E games: The rules are completely transparent, the mechanism, trading system and reward system are clearly stated in the smart contract stored on the Blockchain, which is executed automatically and immutable. The play-to-earn game Axie Infinity is based on Ethereum, which players can collect, breed, raise, battle against and trade with other online users. Every gamer is able to access the rules. The game developers can’t change the rules to take advantage of gamers easily. Traditional online games: The rules are completely controlled by the games companies. The founder of Ethereum, Vitalik Buterin, has complained that the character he loves was banned in a traditional game. That raised his awareness of decentralization. Open vs Closed ecosystem: P2E games: Through holding the non-fungible tokens(NFT) issued by the game, gamers have the power of governance and the voting right to determine the future development of the game. They can create their own in-game assets like skins, weapons and virtual buildings and trade them on the market. It encourages gamers to create a more user-friendly ecosystem. Decentraland is a virtual reality platform that allows gamers to construct their own 3D world — from building a game to opening an online store. Traditional online games: All game settings are decided by game companies. Gamers almost have no say in the development and setting of the game. Five popular Game-Fi protocols Play-to-Earn games are usually developed based on the Blockchain platforms supporting smart contracts like Ethereum. With Play-to-Earn becoming more and more popular, the cost of running games on Ethereum becomes more expensive. It leads to the development of different platforms supporting the smart contract like: Solana: A decentralized computing platform that uses SOL to pay for transactions. Both a cryptocurrency and a flexible platform for running decentralized apps (D-apps). Polygon network: A decentralized Ethereum scaling platform that enables developers to build scalable user-friendly dApps with low transaction fees without ever sacrificing on security. Polkadot: An open source, Blockchain platform allows for cross-chain transfers of data or assets between different blockchains, and for cross-chain D-Apps to be built using the Polkadot Network. OKC: Providing a secure and programmable smart contract platform for Web3 applications. Wax: WAX is a purpose-built blockchain and protocol token designed to make transactions faster, easier, and safer for all participants. Disclaimer: All products and projects listed on this article are not endorsements, and are provided for informational purposes only.