Bitget Research: CPI Data Lower Than Expected, Ethereum Shanghai Upgrade Boosts Market Sentiment

the past 24 hours, there have been many new popular tokens and topics emerging in the market, and perhaps they could be the next market spotlight.

In Summary:

1.Popular Tokens:

XEN (Token) — The XEN project team promotes the deflationary mechanism of $XEN by introducing XENNFT burning and the DBXEN project, accelerating XEN’s deflation and making Mint XEN profitable again. The total market cap of the XEN token is currently US$30.24 million, with a trading volume of US$5.8 million in the last 24 hours. It has been consistently appearing on trending searches across multiple platforms recently.

AGI (Token) — The platform token of the LSDFi project Agility, with a TVL of over US$70 million. The token has a relatively small circulating market cap of only US$1.84 million after being listed for 6 days. With the hype surrounding the Shanghai upgrade of ETH staking and withdrawal, the token’s total market value has already reached $230 million, with a 24-hour trading volume of $2.92 million.

CAW (Token) — An experimental decentralized social protocol, CAW can be used for generating NFT usernames, liking, following, reposting, and other activities, all of which require CAW as a cost. Its high degree of decentralization is developed and expanded by the community spontaneously. There is currently a social platform testnet, allowing only one post per day, with a product framework similar to Twitter. The project has recently surged in volume, with a trading volume of US$2.8 million in the last 24 hours and a market cap of US$97 million.

APE (Token) — APECOIN was listed on Upbit yesterday, and its APE/BTC trading pair skyrocketed by 10x, leading to arbitrage opportunities in the market. However, its price fluctuated significantly and the initial spike was followed by a drop in price after seven hours. Currently, token trading remains very active with a 24-hour trading volume of $350 million.

RPL (Token) — The platform token of decentralized LSD protocol Rocket Pool experienced a 10% drop in price before and after the Shanghai upgrade today, as the previous hype and short-term positive expectations were fulfilled.

FLOKICEO (Token) — A meme project inspired by Twitter’s CEO Elon Musk. FLOKICEO was one of the hottest tokens among several dog-themed CEO tokens that trended in BSC trading pairs yesterday, each of them seeing varying price increases. In the past 3 days, FLOKICEO has seen a 4x increase and is currently experiencing a pullback, with a liquidity pool of US$1.06 million and a trading volume of US$2.05 million in the past 24 hours.

LDO (Token) — The leading project of the LSD protocol, Lido, experienced lackluster price performance before and after the Shanghai upgrade today, due to short-term profit-taking after a period of speculative hype. Despite this, the protocol remains the largest in terms of Total Value Locked (TVL) among all LSD projects, with a TVL of $11.6 billion. At present, due to ongoing upgrades, ETH withdrawals are temporarily unavailable.

ARB (Token) — After the Arbitrum AIP-1 proposal failed to pass, with a 76.67% opposition rate, the Arbitrum Foundation submitted two new proposals to expand the supervision and governance rights of ARB holders. The recent FUD has passed, and the token still maintains one of the highest trading volumes on the Arbitrum chain, offering favorable returns.

RDNT (Token) — A cross-chain lending platform supported by Layerzero, with a total TVL of US$200 million across the network. Since it was listed on Binance, its price has been on an upward trend. It has 115,000 active users on Arbitrum in the last 7 days, second only to Stargate on the Arbitrum DApp. The token has pulled back by 40% since being listed on Binance. RDNT has a total market cap of US$310 million and a trading volume of US$16 million in the last 24 hours.

2.Popular NFTs:

Shapella (NFT) — A commemorative NFT for the Ethereum Shanghai/Capella upgrade launched by Consensys to celebrate this technical milestone on the Ethereum roadmap. The upgrade will simultaneously upgrade the blockchain’s execution and consensus layers, allowing for staked ETH withdrawals. Since its launch, there have been 45,000 addresses participating in minting.

Funpass (NFT) — Context.app’s flagship product rewards !fundrop points for users who have minted an NFT on Ethereum or used mint.fun. Currently, users can claim !fundrop NFTs and earn !fun points by connecting their wallet. The promotion will end on May 15th, and so far, 18,000 addresses have minted NFTs on the platform.

Ghost Child (NFT) — A new NFT launched on April 12, positioned as a pixel-style ghost avatar. It offers exclusive experiences and NFT drops to the holders. The total supply of the NFT is 3333, and it is available on OpenSea with a total trading volume of 955 ETH. There are 1317 holders, and the community is quite active. It is essential to stay updated on this NFT. https://opensea.io/collection/ghostchildbones

ghostNFT (NFT) — Positioned as an NFT 2.0, this project empowers NFT collectors and supporters through cross-chain NFT collateralization. It currently supports over 10,000 NFTs, over 100 tokens, and over 20 collaborative projects. Its popularity has recently increased, making it an essential NFT to stay updated on.

3.Popular DApps:

Pancakeswap V3 (DApp) — On April 3rd, Pancake officially launched its V3 version on both Ethereum and BNB Chain. V3 introduces four different transaction fee levels of 0.01%, 0.05%, 0.25%, and 1%. It also includes a feature that allows liquidity providers to concentrate funds within a smaller price range to increase capital efficiency. In addition, there will be a “VIP” trading reward program based on transaction volume and a position management feature. V3 has been running for almost 10 days now, with overall on-chain interaction data comparable to V2, and 24-hour trading volume has slightly surpassed V2.

Galaxy (DApp) — On-chain task platform, a top-tier application of the DID, has recently launched a new identity verification method that allows users to log in with their Ethereum address with just one click. On April 5th, the platform announced the launch of a new feature called Galxe Mintlist, which can achieve the following: 1. Build brand awareness when the product is released; 2. Increase social followers and early supporters on Twitter, Discord, and Telegram; 3. Distribute whitelists based on participation; 4. Gamify the pre and post-minting experience. The launch of the new feature further optimizes the project’s experience on Galxe.

Yeeha Games (DApp) — Yeeha Games is a GameFi platform that connects traditional gamers with Web3. They plan to release a series of high-quality games in 2023. Recently, they released a new fantasy MMORPG game called “Oath of Peak” which was promoted by Polygon Gaming’s official account, resulting in a significant increase in user numbers. The project has already completed the development of mobile applications for both iOS and Android systems, indicating good product delivery capabilities.

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. Recently, LayerZero completed a $120 million Series B funding round at a valuation of $3 billion, with participation from a16z and Sequoia Capital, among others. There have been rumors of a potential listing in the last two days, and related hype has been ongoing. It has remained among the top in terms of on-chain interaction, with the number of holders reaching 940,000.

WOOFi (DApp) — WOOFi is a DEX supported by WOO and has been integrated with Stargate, enabling WOOFi to become a cross-chain DEX. Currently, cross-chain trading can be done through Stargate. Recently, WOOFi held a limited edition NFT minting event on the Web3 task platform Layer3, where users could complete exchange tasks to qualify for minting NFTs. The project has a high level of activity.

Slingshot (DApp) — Previously known as Dex.AG, Slingshot completed a US$3.1 million financing round in October 2020 and has since raised a total of US$18.1 million in financing from well-known VCs such as Ribbit Capital, Framework, IDEO, and Coinbase. The project is a Layer 2-focused DEX that has not launched its own token. According to Similarweb, its monthly visit count is 252,000, with main visitors coming from USA, Canada, Indonesia, etc.

Unick (DApp) — Unick is a multi-chain NFT aggregator that provides big amounts of liquidity for NFTs by aggregating market information. The project has already launched its product and is one of the top 25 projects on the ETH chain. It is essential to stay updated on this project as there may be potential airdrop opportunities in the future.

Meta Apes (DApp) — This is a strategy-based MMO game that has recently gained exposure through Dappradar, leading to a noticeable increase in interaction data. The game has also launched an Easter campaign, where users can like and share pictures to have a chance to win PEEL tokens worth $100.

Solanart (DApp) — A zero-fee marketplace on the Solana chain, with 219,000 Twitter followers, including over 160 KOLs. Currently, community engagement is relatively low, but if FTX reopens in the future, there could be some potential for the entire Solana ecosystem. As the first exchange on Solana, it is essential to stay updated on this project.

Odos (DApp) — A DEX aggregator with a clear interface that supports one-click token swapping. Recently, it has partnered with Camelot and integrated with its platform. Odos has aggregated all the pools on Camelot to find the best prices and may have potential for a future airdrop.

LiFi (DApp) — A cross-chain bridge and DEX aggregator, LiFi automatically selects the best trading route, using the most liquid and cheapest fees to allocate assets at the lowest cost. The project raised US$5.5 million in funding in July 2022, with 1kx leading the round and other investors, including Dragonfly Capital and Lattice Capital. The project has not yet launched its own token. Due to the impact of the recent Arbitrum airdrop, its popularity has increased.

Splinterlands (DApp) — The project is a card game built on Hive and Wax, where players can trade, purchase or sell digital assets within the game to receive rewards. The project received $3.6 million in funding from investors such as Animoca, Blockchain Founders Fund, and Enjin on July 28, 2021. The game’s activity has consistently remained among the top ranks of various chains. On April 12th, it announced a social media challenge, which gained attention from the community.

Trickshot Blitz (DApp) — A billiards game built on Joyride, a blockchain gaming platform that offers high-quality mini-games for iOS and Android users. Currently, there are five games available on the platform, with six more games set to launch in the future. With its strong playability and simple interface, Joyride’s games have a high level of user engagement. According to Similarweb, the platform receives 54,800 monthly visits, with the majority of visitors coming from the Philippines.

4.Twitter Hot Topics:

VELA (Token), Vela Exchange — This is a decentralized derivatives platform for the Arbitrum ecosystem that supports forex trading. Due to some analytical issues, the project closed its beta testing and refunded all LPs to its users. Despite the setback, the project’s overall transparency is still good, and the token has a short-term downward trend. Bitget has listed Vela Exchange’s governance token $VELA.

TOMI (Token), TomiNet — The project aims to build a decentralized network entirely governed by the community, with the freedom of speech and unregulated information. It has a high level of community engagement and has just completed a website update, which resembles a themed forum. It is essential to stay updated on this token.

RON (DApp), Sky Mavis — Sky Mavis is a gaming project that has been designed with a token economy that allows players to earn money. It is a project incubated by Axie. Currently, the project has launched staking services with APYs ranging from 20–33%, which has caused a price increase in the token. The token is now listed for trading on Bitget.

5.Regional Trending Searches:

FTT (Token) — FTX’s creditors will convert their debt into equity in the reopened trading platform. The relaunch of the trading platform may occur in Q2. Currently, FTX has recovered approximately $7.3 billion in assets, which is higher than the $1.9 billion in January. As a result of this news, FTT trading volume has surged and the token price has increased by over 50% in the last 24 hours.

SOL (Token) — On April 13, Solana Mobile launched a product release event, preparing to accept pre-orders for its flagship smartphone Saga, and held a live broadcast on YouTube. Stimulated by the good news, Solana’s token $SOL has increased more than 20% for three consecutive days, and trading volume has more than doubled.

CPI (Data) — Yesterday, the US Bureau of Labor Statistics released data showing that the seasonally adjusted annual rate of CPI in the United States at the end of March was recorded at 5%, which was lower than the expected 5.2%, and a new low since May 2021. The lower-than-expected CPI data provided some support for the overall cryptocurrency market prices.

Main Body

Written by: Bitget Research

Data collection time: April 13, 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: 438,009
• New active users of ETH: 79,787, with a daily decrease of 4.62%
• Existing active users of ETH: 358,222, with a daily decrease of 7.52%

1.1.2 New User Profile

• Core data: There were a total of 79,787 new active users on ETH yesterday, with a daily decrease of 4.62%
• Popular Sectors

• Popular Projects

• Key Projects:

XEN (Token) — The XEN project team promotes the deflationary mechanism of $XEN by introducing XENNFT burning and the DBXEN project, accelerating XEN’s deflation and making Mint XEN profitable again. The total market cap of the XEN token is currently US$30.24 million, with a trading volume of US$5.8 million in the last 24 hours. It has been consistently appearing on trending searches across multiple platforms recently.

1.1.3 Existing User Profile

• Core data: The number of ETH active existing users is 358,222, with a daily decrease of 7.52%
• Popular Sectors

• Popular Projects

• Key Projects:

Shapella (NFT) — A commemorative NFT for the Ethereum Shanghai/Capella upgrade launched by Consensys to celebrate this technical milestone on the Ethereum roadmap. The upgrade will simultaneously upgrade the blockchain’s execution and consensus layers, allowing for staked ETH withdrawals. Since its launch, there have been 45,000 addresses participating in minting. https://opensea.io/collection/shanghai-capella

Funpass (NFT) — Context.app’s flagship product rewards !fundrop points for users who have minted an NFT on Ethereum or used mint.fun. Currently, users can claim !fundrop NFTs and earn !fun points by connecting their wallet. The promotion will end on May 15th, and so far, 18,000 addresses have minted NFTs on the platform. https://mint.fun/fundrop

1.2 Popular Trading Pairs

1.2.1 Uniswap V2

AGI (Token) — The platform token of the LSDFi project Agility, with a TVL of over US$70 million. The token has a relatively small circulating market cap of only US$1.84 million after being listed for 6 days. With the hype surrounding the Shanghai upgrade of ETH staking and withdrawal, the token’s total market value has already reached $230 million, with a 24-hour trading volume of $2.92 million.

CAW (Token) — An experimental decentralized social protocol, CAW can be used for generating NFT usernames, liking, following, reposting, and other activities, all of which require CAW as a cost. Its high degree of decentralization is developed and expanded by the community spontaneously. There is currently a social platform testnet, allowing only one post per day, with a product framework similar to Twitter. The project has recently surged in volume, with a trading volume of US$2.8 million in the last 24 hours and a market cap of US$97 million. https://caw.is/

1.2.2 Uniswap V3

APE (Token) — APECOIN was listed on Upbit yesterday, and its APE/BTC trading pair skyrocketed by 10x, leading to arbitrage opportunities in the market. However, its price fluctuated significantly and the initial spike was followed by a drop in price after seven hours. Currently, token trading remains very active with a 24-hour trading volume of $350 million.

RPL (Token) — The platform token of decentralized LSD protocol Rocket Pool experienced a 10% drop in price before and after the Shanghai upgrade today, as the previous hype and short-term positive expectations were fulfilled.

2.Blockchain Profile — BSC Chain

2.1 User Profile

2.1.1 Core Data

• Total active users on BSC: 1,241,320
• New active users on BSC: 142,993, with a daily decrease of 15.82%
• Existing active users on BSC: 1,098,327, with a daily decrease of 8.95%

2.1.2 New User Profile

• Core data: There were a total of 142,993 new active users on BSC yesterday, with a daily decrease of 15.82%
• Popular Sectors

• Popular Projects

• Key Projects:

Mainnet Alpha (NFT) — Proof of Alpha NFT cross-chain transfer on zkBridge mainnet, with 27,313 addresses currently holding assets on the chain.

2.1.3 Existing User Profile

• Core data: The number of BSC active existing users is 1,098,327, with a daily decrease of 8.95%
• Popular Sectors

• Popular Projects

• Key Projects:

STA Token (Token) — An anonymous project on BSC with only 900 Twitter followers. The market cap of the token is US$623 million, and the 24-hour trading volume is US$600,000. The risk is relatively high, and it is essential to observe. https://www.coingecko.com/en/coins/sta

Pancakeswap V3 (DApp) — On April 3rd, Pancake officially launched its V3 version on both Ethereum and BNB Chain. V3 introduces four different transaction fee levels of 0.01%, 0.05%, 0.25%, and 1%. It also includes a feature that allows liquidity providers to concentrate funds within a smaller price range to increase capital efficiency. In addition, there will be a “VIP” trading reward program based on transaction volume and a position management feature. V3 has been running for almost 10 days now, with overall on-chain interaction data comparable to V2, and 24-hour trading volume has slightly surpassed V2.

2.2 Popular Trading Pairs

2.2.1 PancakeSwap V2

FLOKICEO (Token) — A meme project inspired by Twitter’s CEO Elon Musk. FLOKICEO was one of the hottest tokens among several dog-themed CEO tokens that trended in BSC trading pairs yesterday, each of them seeing varying price increases. In the past 3 days, FLOKICEO has seen a 4x increase and is currently experiencing a pullback, with a liquidity pool of US$1.06 million and a trading volume of US$2.05 million in the past 24 hours. https://www.dextools.io/app/en/bnb/pair-explorer/0x7c03a98ffbe219dd4113a47a47601a0c26aebad3

3.Blockchain Profile — Polygon Chain

3.1 User Profile

3.1.1 Core Data

• Total active users on Polygon: 409,015
• New active users on Polygon: 74,315, with a daily decrease of 8.97%
• Existing active users on Polygon: 334,700, with a daily decrease of 2.71%

3.1.2 New User Profile

• Core data: There were a total of 74,315 new active users on Polygon yesterday, with a daily decrease of 8.97%
• Popular Sectors

• Popular Projects

• Key Projects:

Galaxy (DApp) — On-chain task platform, a top-tier application of the DID, has recently launched a new identity verification method that allows users to log in with their Ethereum address with just one click. On April 5th, the platform announced the launch of a new feature called Galxe Mintlist, which can achieve the following: 1. Build brand awareness when the product is released; 2. Increase social followers and early supporters on Twitter, Discord, and Telegram; 3. Distribute whitelists based on participation; 4. Gamify the pre and post-minting experience. The launch of the new feature further optimizes the project’s experience on Galxe.

Yeeha Games (DApp) — Yeeha Games is a GameFi platform that connects traditional gamers with Web3. They plan to release a series of high-quality games in 2023. Recently, they released a new fantasy MMORPG game called “Oath of Peak” which was promoted by Polygon Gaming’s official account, resulting in a significant increase in user numbers. The project has already completed the development of mobile applications for both iOS and Android systems, indicating good product delivery capabilities.

3.1.3 Existing User Profile

• Core Data: The number of Polygon active existing users is 334,700, with a daily decrease of 2.71%
• Popular Sectors

• Popular Projects

• Key Projects:

Lens (DApp) — A leading on-chain social platform that has yet to release its token, with expectations of an airdrop. The ecosystem currently includes a variety of projects and has become one of the most active ecosystems on the Polygon chain.

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. Recently, LayerZero completed a $120 million Series B funding round at a valuation of $3 billion, with participation from a16z and Sequoia Capital, among others. There have been rumors of a potential listing in the last two days, and related hype has been ongoing. It has remained among the top in terms of on-chain interaction, with the number of holders reaching 940,000.

3.2 Popular Trading Pairs

3.2.1 Uniswap V3

LDO (Token) — The leading project of the LSD protocol, Lido, experienced lackluster price performance before and after the Shanghai upgrade today, due to short-term profit-taking after a period of speculative hype. Despite this, the protocol remains the largest in terms of Total Value Locked (TVL) among all LSD projects, with a TVL of $11.6 billion. At present, due to ongoing upgrades, ETH withdrawals are temporarily unavailable.

4.Blockchain Profile — Arbitrum Chain

4.1 User Profile

4.1.1 Core Data

• Arbitrum Active Users: 188,806
• Arbitrum New Active Users: 42,695, with a daily decrease of 2.61%
• Arbitrum Existing Active Users: 146,111, with a daily decrease of 5.79%

4.1.2 New User Profile

• Core data: There were a total of 42,695 new active users on Arbitrum yesterday, with a daily decrease of 2.61%
• Popular Sectors

• Popular Projects

• Key Projects:

WOOFi (DApp) — WOOFi is a DEX supported by WOO and has been integrated with Stargate, enabling WOOFi to become a cross-chain DEX. Currently, cross-chain trading can be done through Stargate. Recently, WOOFi held a limited edition NFT minting event on the Web3 task platform Layer3, where users could complete exchange tasks to qualify for minting NFTs. The project has a high level of activity.

Slingshot (DApp) — Previously known as Dex.AG, Slingshot completed a US$3.1 million financing round in October 2020 and has since raised a total of US$18.1 million in financing from well-known VCs such as Ribbit Capital, Framework, IDEO, and Coinbase. The project is a Layer 2-focused DEX that has not launched its own token. According to Similarweb, its monthly visit count is 252,000, with main visitors coming from USA, Canada, Indonesia, etc.

4.1.3 Existing User Profile

• Core data: The number of Arbitrum active existing users is 146,111, with a daily decrease of 5.79%
• 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. Recently, LayerZero completed a $120 million Series B funding round at a valuation of $3 billion, with participation from a16z and Sequoia Capital, among others. There have been rumors of a potential listing in the last two days, and related hype has been ongoing. It has remained among the top in terms of on-chain interaction, with the number of holders reaching 940,000.

4.2 Popular Trading Pairs

4.2.1 Uniswap V3

ARB (Token) — After the Arbitrum AIP-1 proposal failed to pass, with a 76.67% opposition rate, the Arbitrum Foundation submitted two new proposals to expand the supervision and governance rights of ARB holders. The recent FUD has passed, and the token still maintains one of the highest trading volumes on the Arbitrum chain, offering favorable returns.

RDNT (Token) — A cross-chain lending platform supported by Layerzero, with a total TVL of US$200 million across the network. Since it was listed on Binance, its price has been on an upward trend. It has 115,000 active users on Arbitrum in the last 7 days, second only to Stargate on the Arbitrum DApp. The token has pulled back by 40% since being listed on Binance. RDNT has a total market cap of US$310 million and a trading volume of US$16 million in the last 24 hours.

5.DApp Ecosystem — All Chains

Iskra (DApp) — Iskra is a blockchain gaming platform primarily built on Klaytn, bringing together gamers and game studios. The platform allows gamers to explore and enjoy high-quality blockchain games and create their own communities. Users can access new game projects through the Launchpad on the platform. Currently, there are activities for Web3 Cooking Games and 3KM Multiverse on Twitter, and a task activity for 5000USDT+5500ISK is being conducted on zealy_io. The project frequently organizes activities.

WOOFi (DApp) — A DEX supported by WOO, WOOFi has integrated with Stargate to become a cross-chain DEX. Yesterday, an AMA event was held with Pudgy Penguins and other projects.

Sweat Economy (DApp) — This is a traditional Web2 project that has transitioned to a Web3 wallet and “Move to Earn” project. The app has been downloaded over 1 million times on Google Play. Recently, the project team has been looking for a rewards manager to update the current reward system in the game and enhance the value of the SWEAT token.

6.DApp Ecosystem — ETH Chain

Ghost Child (NFT) — A new NFT launched on April 12, positioned as a pixel-style ghost avatar. It offers exclusive experiences and NFT drops to the holders. The total supply of the NFT is 3333, and it is available on OpenSea with a total trading volume of 955 ETH. There are 1317 holders, and the community is quite active. It is essential to stay updated on this NFT. https://opensea.io/collection/ghostchildbones

Unick (DApp) — Unick is a multi-chain NFT aggregator that provides big amounts of liquidity for NFTs by aggregating market information. The project has already launched its product and is one of the top 25 projects on the ETH chain. It is essential to stay updated on this project as there may be potential airdrop opportunities in the future.

7.DApp Ecosystem — BSC Chain

Galaxy (DApp) — On-chain task platform, a top-tier application of the DID, has recently launched a new identity verification method that allows users to log in with their Ethereum address with just one click. On April 5th, the platform announced the launch of a new feature called Galxe Mintlist, which can achieve the following: 1. Build brand awareness when the product is released; 2. Increase social followers and early supporters on Twitter, Discord, and Telegram; 3. Distribute whitelists based on participation; 4. Gamify the pre and post-minting experience. The launch of the new feature further optimizes the project’s experience on Galxe.

Meta Apes (DApp) — This is a strategy-based MMO game that has recently gained exposure through Dappradar, leading to a noticeable increase in interaction data. The game has also launched an Easter campaign, where users can like and share pictures to have a chance to win PEEL tokens worth $100.

8.DApp Ecosystem — Polygon Chain

Arc8 by GAMEE (DApp) — GAMEE’s mini-game platform announced on their official Twitter that they will release a new Arc8 after March 31, featuring new games, aesthetics, competitive modes, etc. On April 12, they held an AMA with Animoca, and UAW remains highly active.

ghostNFT (NFT) — Positioned as an NFT 2.0, this project empowers NFT collectors and supporters through cross-chain NFT collateralization. It currently supports over 10,000 NFTs, over 100 tokens, and over 20 collaborative projects. Its popularity has recently increased, making it an essential NFT to stay updated on.

9.DApp Ecosystem — WAX Chain

NiftyKicks Factory (DApp) — Nifty Kicks is the first P2E game built on the Wax chain with a factory concept. It has 12,600 followers on Twitter, but the community posting frequency is relatively low. It is not recommended to pay special attention to this project for now.

10.DApp Ecosystem — Solana Chain

GameTrade Market (DApp) — The project is a multi-chain NFT marketplace primarily focused on in-game asset trading, offering a full range of game categories and game asset trading functions. Yesterday, it announced a partnership with BlockchainCutie.

Solanart (DApp) — A zero-fee marketplace on the Solana chain, with 219,000 Twitter followers, including over 160 KOLs. Currently, community engagement is relatively low, but if FTX reopens in the future, there could be some potential for the entire Solana ecosystem. As the first exchange on Solana, it is essential to stay updated on this project.

11.DApp Ecosystem — Arbitrum Chain

Odos (DApp) — A DEX aggregator with a clear interface that supports one-click token swapping. Recently, it has partnered with Camelot and integrated with its platform. Odos has aggregated all the pools on Camelot to find the best prices and may have potential for a future airdrop.

LiFi (DApp) — A cross-chain bridge and DEX aggregator, LiFi automatically selects the best trading route, using the most liquid and cheapest fees to allocate assets at the lowest cost. The project raised US$5.5 million in funding in July 2022, with 1kx leading the round and other investors, including Dragonfly Capital and Lattice Capital. The project has not yet launched its own token. Due to the impact of the recent Arbitrum airdrop, its popularity has increased.

12.DApp Ecosystem — GameFi Sector Across All Chains

Splinterlands (DApp) — The project is a card game built on Hive and Wax, where players can trade, purchase or sell digital assets within the game to receive rewards. The project received $3.6 million in funding from investors such as Animoca, Blockchain Founders Fund, and Enjin on July 28, 2021. The game’s activity has consistently remained among the top ranks of various chains. On April 12th, it announced a social media challenge, which gained attention from the community.

Trickshot Blitz (DApp) — A billiards game built on Joyride, a blockchain gaming platform that offers high-quality mini-games for iOS and Android users. Currently, there are five games available on the platform, with six more games set to launch in the future. With its strong playability and simple interface, Joyride’s games have a high level of user engagement. According to Similarweb, the platform receives 54,800 monthly visits, with the majority of visitors coming from the Philippines.

13.Gas Fee Consumption — ETH Chain

ShapellaUpgrade (NFT) — ShapellaUpgrade is a commemorative NFT issued by Consensys for the Shanghai Upgrade. Users can complete the minting process by only paying gas fees and can apply to receive future airdrops. The cost is relatively low. Those who are interested may consider participating. https://shanghai-capella.consensys-nft.com/

Funpass (NFT) — This is a non-transferable NFT issued by Mint.Fun. With the Pass, users can earn rewards in !fun tokens when they mint NFTs on the platform. Although the project has no trading significance, it has gained some popularity. Those who are interested may consider participating. https://opensea.io/collection/fundrop-pass

14.Gas Fee Consumption — BSC Chain

XEN (Token) — The recent trading volume has been good, and since the introduction of DXN, XEN has had a certain deflation mechanism, resulting in a price increase of over 3x in the past two weeks. The rise in price has made XEN Minter profitable again, and the increase in interaction has led to an increase in gas fees.

15.Gas Fee Consumption — Polygon Chain

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 rapidly increased recently.

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.

LayerZero (DApp) is a highly anticipated project that has yet to launch its token. With the wealth effect of the ARB airdrop, there has been a significant increase in user interaction on LayerZero. Users are enthusiastic about the potential for airdrop opportunities.

17.Twitter Trends Token Top 20

From the perspective of token popularity on Twitter trends:

Tokens with significant increases in popularity: None

Newly listed tokens: LVL, TOMI, VELA

VELA (Token), Vela Exchange — This is a decentralized derivatives platform for the Arbitrum ecosystem that supports forex trading. Due to some analytical issues, the project closed its beta testing and refunded all LPs to its users. Despite the setback, the project’s overall transparency is still good, and the token has a short-term downward trend. Bitget has listed Vela Exchange’s governance token $VELA.

TOMI (Token), TomiNet — The project aims to build a decentralized network entirely governed by the community, with the freedom of speech and unregulated information. It has a high level of community engagement and has just completed a website update, which resembles a themed forum. It is essential to stay updated on this token.

18.Token Mentioned Frequency by KOLs on Twitter

Based on the frequency of mentions by Super KOLs on Twitter: BTC, ETH, ARB, DOGE, RON was mentioned relatively more

RON (DApp), Sky Mavis — Sky Mavis is a gaming project that has been designed with a token economy that allows players to earn money. It is a project incubated by Axie. Currently, the project has launched staking services with APYs ranging from 20–33%, which has caused a price increase in the token. The token is now listed for trading on Bitget.

19.Token Mentioned Frequency by VCs on Twitter

Based on the frequency of mentions by VC firms on Twitter: USDC, BNB, SIDUS, NOM, THOR, No significant changes.

20.Google Trends — Global

FTT (Token) — FTX’s creditors will convert their debt into equity in the reopened trading platform. The relaunch of the trading platform may occur in Q2. Currently, FTX has recovered approximately $7.3 billion in assets, which is higher than the $1.9 billion in January. As a result of this news, FTT trading volume has surged and the token price has increased by over 50% in the last 24 hours.

SOL (Token) — On April 13, Solana Mobile launched a product release event, preparing to accept pre-orders for its flagship smartphone Saga, and held a live broadcast on YouTube. Stimulated by the good news, Solana’s token $SOL has increased more than 20% for three consecutive days, and trading volume has more than doubled.

CPI (Data) — Yesterday, the US Bureau of Labor Statistics released data showing that the seasonally adjusted annual rate of CPI in the United States at the end of March was recorded at 5%, which was lower than the expected 5.2%, and a new low since May 2021. The lower-than-expected CPI data provided some support for the overall cryptocurrency market prices.

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

a) South Asia Region

India Trending Tokens: HNT, BTC, NEBL; Trending Keywords: Satoshi, Elon Musk

Pakistan Trending Tokens: ETH, BTC; Trending Keywords: CPI, CMC

b) Southeast Asia Region

Philippines Trending Keywords: CPI, Faucet, Crypto Games, Crypto Bubbles

Indonesia Trending Keywords: Indodax, Crypto Price; Trending Tokens: XEN, Luna

Malaysia Trending Keywords: Crypto Moon, CMC, Crypto Bubble

Singapore Trending Keywords: crypto expo asia

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

Trending Keywords: for bank crypto, crypto news

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

a) CIS Region

Trending Keywords: Crypto Bubbles, Airdrop Crypto, Twitter, Crypto News, ChatGPT

b) English-speaking Countries

UK Trending Tokens: WTK, SRM

USA Trending Keywords: CPI Data, FTT Crypto, Sylo

Canada Trending Tokens: TRX, FTT, Casa, Casper

Australia Trending Tokens: SRM, OSMOSIS, FTT

c) Europe

Poland Trending Tokens: Luna, XEN, Sol, Uni;

Germany Trending Tokens: OSMOSIS, BTC, Floki, LoveHate Inu

Italy Trending Tokens: LUNC, Dogelon, FTT, CRO, ETH

France Trending Tokens: AGIX, Elrond, Stellar, Bonk, Morpho;

Spain Trending Tokens: FTT, ETH, CAW;

Turkey Trending Tokens: Vbet, Crypto GPT

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

a) Africa

Trending Keywords: BTC, AVAX, FTT

b) Middle East

Trending Keywords: Crypto Mining, FTT, CMC, Binance, Nasdaq

c) Latin America

Brazil Trending Tokens: Radix, Gala, AGIX, XEC, IDX

Mexico Trending Tokens: FTT, ROSE, ADA, SOL, ETH

Argentina Trending Tokens: Caw, XRP