Bitget Research: SUI Founder Confirms No Airdrop, SUIBG Becomes the Only Opportunity to Get Early SUI Tokens

In Summary:

1. Popular Tokens:

SUIBG (Token): Adeniyi Abiodun, the co-founder and chief product officer of the Sui development team Mysten Labs, said in response to a series of tweets published by a Twitter user about the airdrop: “Stop spreading nonsense. There is NO Sui Airdrop. Not planned or ever will be.” Sui token is only accessible through the SUIBG token issued by BitKeep for now. Users are recommended to participate in relevant BitKeep events to obtain SUIBG and swap it to $SUI after the token goes online.

AXL (Token): AXL is the native token of Axelar Network. At present, the crypto is available on Bitget. As the token from an important cross-chain infrastructure project, AXL has stable performance with little daily fluctuation. Long-term holding is recommended. Investors who want more control over market risk could consider it as an investment target.

XEN (Token): XEN recorded a 300% price hike in the past week and a mild pullback. Due to its profitability, the minting activities of XEN NFT are increasing again. The XEN project team launched XEN NFT to promote the deflation of $XEN. To swap one Xunicorn NFT, burning 100 billion $XEN is required, which adds to the deflation of XEN. DBXEN has just been launched, which can be obtained by burning $XEN. Within four days, 108 billion $XEN was burned on Ethereum, providing substantial support for its price.

ERN (Token): Yesterday, ERN token saw a sudden surge of over 200%, with no apparent contract issues detected. On-chain trading volume reached as high as $7.14 million within 24 hours, reflecting strong speculative interest within the community. However, the token has since experienced a slight pullback, and breaking past its previous high point will require significant positive news and higher trading volume support. It is recommended to keep a close watch on this token.

GEORGE (Token): A memecoin claiming to be an AI-related token supported by Elon, has completed TGE yesterday and was launched on DEX, with a total 24-hr transaction volume of more than 2 million US dollars, and the community’s trading enthusiasm is high. The token, following its launch on DEX, rose 4 times and then fell back. There is no significant risk in its contract, making it an essential token to stay updated on.

PARTY (Token): PARTY is the token of PoolParty, a project launched on DEX on April 8. The token surged 4 times shortly after its launch and then plummeted to lower than its issue price. Although the transaction volume of tokens is high, there are many trapped users, and it is suspected that the project team was selling tokens in the secondary market. The project looks risky for traders. It is essential to keep observing.

BITE (Token): A memecoin highly discussed in the community, has a 4% transaction fee rate for on-chain transactions. The number of independent trading addresses per week was up to 9,000 initially. As the price of tokens fell, the enthusiasm gradually faded. The price of tokens has rebounded slightly in recent days, but the market risk remains high. It is essential to keep observing.

DXN (Token): Short for DBXen Token, launched by XEN, DXN is generated through the burning of $XEN. With 108 billion $XEN burnt on Ethereum within 4 days, the token price is well supported. DXN performed well in the secondary market, too. Since TGE, the price has risen from $5 to $75. There is a risk of supply increase, and the token has certain opportunities for profitability.

SOV (Token): A memecoin on Ethereum, has a 24h transaction volume of 1.4 million US dollars on DEXs. It has a user base of moderate size, but there is huge FOMO among the community. The current market value of 18.76 million US dollars is too high to have too much room for growth.

XVS (Token): Venus Protocol, a borrowing and lending platform on BSC, is similar in product and function to AAVE. Recently, it has passed the VIP-105 community proposal, which plans to repurchase XVS tokens. This news has led to a surge of more than 50% in XVS’s price in the secondary market, although the token has since experienced a slight pullback. The proposal is likely to be approved by the community, which may lead to further positive price performance for the token. It is recommended to keep an eye on XVS.

SQUA (Token): The project claims to be a payment token. It has a liquidity pool of $6.42 million and a daily trading volume of $4.88 million. It has good volume and a clean contract, making it an essential token to stay updated on.

OG (Token): OG Fan Token imitation, OG is actually built on the Chiliz network. Currently, there are many OG Fan Token imitations on the BSC chain. Be aware of honeypot scams.

TXAG (Token): A precious metal-pegged token issued by Aurus, is equivalent to the price of 1 gram of silver. Precious metals have performed well recently, with gold and silver at a high level. With the further rise of the silver price, TXAG may have some wealth effect, making TXAG an essential token to stay updated on.

GETH (Token): Layerzero has cross-chained Geth from the Goerli testnet to the EVM ecosystem, enabling cross-chain swap transactions through the ETH Goerli Bridge. Users who hold Goerli testnet tokens can participate in testing the interaction of the testnet project and potentially gain early OG privileges in the future.

2. Popular NFTs:

Mr. Checkspeare (NFT): A new NFT series has just completed its initial sale and is now trading on Opensea. The series consists of 8,455 NFTs, held by a total of 3,783 unique addresses. Currently, the total transaction volume is 12 ETH, with strong secondary market trading activity. The NFTs have not been revealed yet, and it is expected that there will be a second wave of speculation based on their varying levels of rarity after the reveal.

Kubz (NFT): The project by well-known NFT artist Kol Keungz started minting in December of last year. Recently, there has been a noticeable increase in community hype, and the floor price has risen from around 0.63 ETH in mid-March to around 1.2 ETH currently. Trading frequency is high, and the project has a good level of activity.

Hunters by BoomLand (NFT): On the 8th, Hunters started its closed beta testing and the community’s interest in the project is good. The tweet about it has received 12.5k views and more than 70 likes and retweets, indicating that the community has some expectations for the project’s delivery. Its NFTs have been listed on Magic Eden and have a certain demand for trading.

LFi NFT (NFT): A free mint NFT project built on Polygon, currently with no other available information. The NFTs are listed on Opensea and there are 35,915 holders with a total supply of 413,816. The project has a high level of on-chain minting activity.

3. Popular DApps:

Sushiswap (Dapp): Sushiswap’s Router Process 2 contract seems to have an approve-related loophole, which caused Frog Nation’s former CFO 0xSifu to lose about 1,900 ETH (over $3.3 million). Please remove the permission ASAP through revoke.cash if you have approved the contract before.

TinyTap (Dapp): TinyTap, supported by Animoca Brands, is committed to building a decentralized education platform through Web3 technology. The project team has cooperated with Open Campus recently with the aim of becoming a community-driven platform connecting educators, publishers, and students. As a non-profiting project, it is getting positive feedback from the community.

SpaceID (Dapp): With SpaceID, you can purchase .eth, .bnb, and .arb domains and resolve them to the EOA addresses, i.e. the “name” of the address. The linked addresses can also be located with their names in the blockchain browser. SpaceID is launching the second round of the airdrop program, making it an essential token to stay updated on.

Hooked Pickaxe (DApp): Since February, Hooked has held 12 Todamoon events, attracting over 480,000 participants through gamified testing and learning, live streaming experiences, and AI technology. The platform will launch a new event this Friday, and interest remains high.

Stargate Finance (DApp): Stargate, developed by the LayerZero Labs team, is a fully composable liquidity transfer protocol that serves as the core of OmniChain DeFi. With Stargate, users and DApps can transfer native assets across 7 chains (with more to come in the future). Its TVL has risen rapidly recently.

Layerzero Aptos Token Bridge (Dapp): Layerzero develops a cross-chain bridge from Aptos to BSC. Users who interact with the Dapp now might get Layerzero airdrops in the future.

Iskra (Dapp): This is a Web3 gaming platform with a vision to provide better infrastructure for Web3 players and developers. The product quality is good, and they have recently engaged in deep cooperation with Dappradar and carried out promotional activities on Zealy, which has received some feedback from the community. There have been several marketing and promotional activities recently, and the development trend looks promising.

Monsterra Game (Dapp): Monsterra Game is the top Play2Earn NFT game platform on BSC. The Easter Eggs event from April 9th to 21st offers participants up to $1,200 in rewards and 100 Easter treasure boxes. The event received a good response in the community.

MOBOX (Dapp): A cross-chain Metaverse game platform that integrates Web3 elements such as NFT and DeFi to assist game development within the project. At present, its token $MBOX has been launched on Bitget, and Mobox users can trade tokens on Bitget.

QuestN (Dapp): The project formerly known as Quest3, a well-known blockchain-based task platform, recently announced on social media that its mobile app will be available on the App Store and Google Play Store. This will make it easier for users to collect rewards by completing tasks on the blockchain.

Odos (Dapp): An algorithm-driven DeFi protocol designed to find the best trading route to help DeFi Traders reduce trading friction, recently released its API interface. Users can directly conduct on-chain transactions through the API, which is convenient for them to operate and arbitrage. It also announced its partnership with Camelot today to enable Camelot’s Swap feature to directly use the Odos kernel. This product is worth staying updated on.

Link3 (DApp): Link3 is a Web3 social task network incubated by CyberConnect, where users can create their decentralized social network by completing on-chain and off-chain information. Recently, they have been involved in joint promotional activities with Zetachain, Xterio, and DODO, which have generated a lot of community engagement. It is essential to stay updated on this project.

Slingshot (DApp): Previously known as Dex.AG, Slingshot completed a $3.1 million financing round in October 2020 and has since raised a total of $18.1 million in financing from well-known VCs such as Ribbit Capital, Framework, IDEO, and Coinbase. The project is a Layer2-focused DEX that does not have its own token. According to Similarweb, its monthly visit count is 231,000, with main visitors coming from Russia, Taiwan (China), Austria, etc.

4. Twitter Hot Topics:

DOGE (token): DOGE has experienced a week of ups and downs and its price has returned to the sideways position before the rise. Musk’s recent logo change can be seen as a small attempt to empower DOGE. It is worth continuing to pay attention to whether there will be more empowerment in the future.

ZZ (token): ZigZag is a decentralized exchange that operates on the order book model and is deployed on zkSync and StarkNet. Due to the impact of Arbitrum’s airdrop of tokens, many users who participate in the zkSync and StarkNet ecosystems are actively engaging with ZigZag in the hope of receiving potential airdrops, leading to an increase in its activity.

OVR (token): OVR is an AR (Augmented Reality) platform where users are enabled to interact with customized augmented reality in the real world with mobile devices or smart glasses. The token OVR has a 24-hr transaction volume of nearly 1.19 million US dollars, and it has been listed on Bitget.

MOB (Token): MobileCoin is a privacy-focused payment protocol that focuses on providing secure, private, and minimalist crypto wallet services for mobile communication applications. It has already connected to Signal, and British users participated in its first tests. In the payment sector, affected by Twitter’s replacement of the logo with DOGE, MOB is also one of the crypto payment concepts that have been speculated about as a potential cryptocurrency payment option for Twitter.

FOX (Token): ShapeShift is an accountless cryptocurrency exchange platform that aims to provide a fast and reliable channel for various other coins to operate and grow more smoothly. Customers can exchange digital currencies without an account, email, password, or lengthy registration process. The FOX token had a trading volume of $77,000 in the last 24 hours, and the community’s interest in it is relatively average.

5. Regional Trending Searches:

ADA (token): According to U.today, there has been a significant change in the composition of Cardano (ADA) holders, with a majority (over 50%) of investors holding their assets for more than a year. This shift towards long-term holding indicates increased confidence in the project and its future growth potential. The token has recently maintained a steady climb, with its bottom range steadily increasing, making it a project to keep an eye on in the future.

Main Body

Written by: Bitget Research

Data collection time: April 10, 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: 382,385
New active users of ETH: 66,943, with a daily decrease of 4.40%
Existing active users of ETH: 315,442, with a daily decrease of 0.33%

1.1.2 New User Profile

Core data: There were a total of 66,943 new active users on ETH yesterday, with a daily decrease of 4.40%
Popular Sectors

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Popular Projects

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1.1.3 Existing User Profile

Core data: The number of ETH active existing users is 315,442, with a daily decrease of 0.33%
Popular Sectors

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Popular Projects

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1.2 Popular Trading Pairs

1.2.1 Uniswap V2

1.2.2 Uniswap V3

2. Blockchain Profile — BSC Chain

2.1 User Profile

2.1.1 Core Data

Total active users on BSC: 1,190,945
New active users on BSC: 135,771, with a daily decrease of 1.21%
Existing active users on BSC: 1,055,174, with a daily increase of 1.49%

2.1.2 New User Profile

Core data: There were a total of 135,771 new active users on BSC yesterday, with a daily decrease of 1.21%
Popular Sectors

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Popular Projects

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2.1.3 Existing User Profile

Core data: The number of BSC active existing users is 1,055,174, with a daily increase of 1.49%
Popular Sectors

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Popular Projects

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2.2 Popular Trading Pairs

2.2.1 PancakeSwap V2

OG (Token): OG Fan Token imitation, OG is actually built on the Chiliz network. Currently, there are many OG Fan Token imitations on the BSC chain. Be aware of honeypot scams.

3. Blockchain Profile — Polygon Chain

3.1 User Profile

3.1.1 Core Data

Total active users on Polygon: 411,866
New active users on Polygon: 76,130, with a daily decrease of 29.08%
Existing active users on Polygon: 335,736, with a daily increase of 0.55%

3.1.2 New User Profile

Core data: There were a total of 76,130 new active users on Polygon yesterday, with a daily decrease of 29.08%
Popular Sectors

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Popular Projects

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3.1.3 Existing User Profile

Core Data: The number of Polygon active existing users is 335,736, with a daily increase of 0.55%
Popular Sectors

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Popular Projects

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Thirdweb (Dapp): A Web3 project code data warehouse, helps Web3 developers build and deploy Web3 project code quickly and efficiently. The project launched cooperation with Shopify recently to promote future Web3 business projects. There are many promotional events lately, making it an essential token to stay updated on.

3.2 Popular Trading Pairs

3.2.1 Uniswap V3

4. Blockchain Profile — Arbitrum Chain

4.1 User Profile

4.1.1 Core Data

Arbitrum Active Users: 207,531
Arbitrum New Active Users: 38,362, with a daily increase of 1.94%
Arbitrum Existing Active Users: 169,169, with a daily increase of 16.18%

4.1.2 New User Profile

Core data: There were a total of 38,362 new active users on Arbitrum yesterday, with a daily increase of 1.94%
Popular Sectors

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Popular Projects

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LayerZero Aptos Token Bridge (Dapp): A cross-chain bridge from Aptos to BSC developed by LayerZero. Users who interact with the Dapp now might get LayerZero airdrops in the future. Some early-stage interactions might be beneficial. https://theaptosbridge.com/bridge

4.1.3 Existing User Profile

Core data: The number of Arbitrum active existing users is 169,169, with a daily increase of 16.18%
Popular Sectors

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Popular Projects

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LayerZero (DApp): A highly anticipated project that has not yet launched its token. Due to the wealth effect of the ARB airdrop, LayerZero is seeing a noticeable increase in user interaction. Users are highly interested in the project, in hopes of receiving potential airdrops. LayerZero has just completed a US$120 million financing which dramatically increased the wealth effect of airdrops.

4.2 Popular Trading Pairs

4.2.1 Uniswap V3

ROSX (Token), or Roseon, displays high market risks. Its price has plummeted after the TGE, and currently fluctuates near the floor price. It is not recommended to engage with it.

5. DApp Ecosystem — All Chains

Stargate Finance (DApp): LayerZero Lab completed a $120 million Series B funding round at a valuation of $3 billion. Stargate Finance uses the cross-chain asset protocol powered by LayerZero. Due to the successful financing, LayerZero is seeing a noticeable increase in user interaction in hopes of receiving potential airdrops. https://stargate.finance/

6. DApp Ecosystem — ETH Chain

7. DApp Ecosystem — BSC Chain

8. DApp Ecosystem — Polygon Chain

9. DApp Ecosystem — WAX Chain

WAX-based GameFi projects and others experience normal fluctuations in terms of DAU.

10. DApp Ecosystem — Solana Chain

Race Poker (Dapp) is a Texas Hold’em project on Solana. The community traffic on Twitter remains at a moderate level, with a limited number of followers. Recently, the project has launched operational activities such as the Poker tournament to increase engagement, but the attention around it is still moderate.

11. DApp Ecosystem — Arbitrum Chain

12. DApp Ecosystem — GameFi Sector Across All Chains

Iskra, MOBOX, and Monsterra have been introduced in earlier parts.

13. Gas Fee Consumption — ETH Chain

Blur (DApp): On April 9, Blur platform traded a total of 10,300 ETH, while OpenSea traded 3992 ETH. NFT market trading volume has remained stable lately, but Blur’s performance relative to BTC has gotten worse, with a current price of 0.55 USDT. The short-term price of BLUR fluctuates and drops. 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, is also delayed. The future trend of BLUR depends largely on product innovation and community confidence, so it is essential to stay updated on the development of its products.

zkSync (DApp): Due to the airdrop effect from Arbitrum, zkSync’s user activity has remained at the forefront of new Ethereum users. According to the latest data from Dune, zkSync Era has 352,000 independent wallet addresses on the mainnet, with 102,000 ETH transferred to zkSync, and a total of 423,000 transactions. The user activity continues to increase.

14. Gas Fee Consumption — BSC Chain

15. Gas Fee Consumption — Polygon 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. On April 5, they launched a new product feature named Galxe Mintlist, which can (1) build brand awareness at product launch; (2) increase followers and build early supporter communities on Twitter, Discord, and Telegram; (3) assign whitelists based on participation; and (4) gamify the pre and post-minting experience. The introduction of new features can further optimize the experience of project parties on Galxe.

16. Gas Fee Consumption — Arbitrum Chain

Sushiswap (Dapp): On April 9th, multiple blockchain security companies reported that the Sushiswap project had been attacked, resulting in a loss of approximately $3.34 million. However, some users’ funds were transferred beforehand by white-hat hackers, and as of April 10th, over 300 ETH assets had been recovered.

17. Twitter Trends Token Top 20

From the perspective of token popularity on Twitter trends:

Tokens with significant increases in popularity: DOGE

Newly listed tokens: ZZ, OVR, SUSHI, MINA, STETH, SFUND

18. Token Mentioned Frequency by KOLs on Twitter

Super KOLs mentioned the following hot tokens: ARB, BTC, ETH, DOGE
Builders mentioned the following tokens: ARB, MOB, FOX, ETH

19. Token Mentioned Frequency by VCs on Twitter

Based on the frequency of mentions by VC firms on Twitter: USDC, BNB, SIDUS, NOM, THOR

Tokens mentioned by VC firms have remained stable recently without much change;

20. Google Trends — Global

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More frequently mentioned keywords in Google trending searches: bitcoin, coinbase, cardano, news

21. Google Trends Surge — East Asia, South Asia, Southeast Asia, Hong Kong, Macau, and Taiwan

a) South Asia Region

India Trending Tokens: AMP, CGPT, NKN

Pakistan Trending Keywords: Crypto to pkr today, what is nft in crypto, trading view

b) Southeast Asia Region

Philippines Trending Keywords: Crypto bubbles, crypto whale, best crypto to invest 2023

Indonesia Trending Keywords: Crypto news, CMC, what is crypto transactions, latest crypto price

Malaysia Trending Keywords: Cryptocurrency

Singapore Trending Keywords: Best crypto exchange in Singapore

c) East Asia and Hong Kong, Macau, and Taiwan

Trending Keywords: Crypto news, crypto Hong Kong

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

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a) CIS Region

Trending Keywords: Crypto bubbles, cmc, bybit, crypto airdrop

Trending Tokens: none

b) English-speaking Countries

USA Trending Tokens: AGIX, ACH, BONE, ERN

Canada Trending Tokens: ONE, LTC, CSPR, CEL, ADA, GMX, ALPINE

Australia Trending Tokens: MATIC, ERN, XRP, SHIB, LUNA

UK Trending Tokens: ACH, MYRIA, CFX, AGIX

c) Europe

Poland Trending Tokens: XRP, BTC

Italy Trending Tokens: ADA, HBAR, ERN, ALPINE, TRX

Spain Trending Tokens: HEX, GALA, ERN, ALPINE

France Trending Tokens: MANA, STX, MERIA, XVS, ERGO, LOOP

Germany Trending Tokens: CSPR

23. Google Trends Surge — Middle East, Latin America, Africa

a) Africa

Nigeria Trending Token: GPT

South Africa Trending Keywords: berry crypto trading paltform, cmc, bitcoin price

Morocco Trending Keywords: cmc, cryptocurrency, crypto faucet

b) Middle East

Trending Keywords: Crypto news, best crypto exchange, cmc

c) Latin America

Brazil Trending Keywords: crypto news, bomb crypto

Trending Tokens: AAVE, RADIX, XLM

Mexico Trending Keywords: Crypto faucet, crypto arena