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Bitget Research: Mainstream Assets Fluctuate Upward, Market Lacks Hot Sectors

Bitget Research
2023/06/19
Bitget Research: Mainstream Assets Fluctuate Upward, Market Lacks Hot Sectors
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:

Whee (Token) — A BRC-20 memecoin. Influencer @markjeffrey, who has 53,500 followers on Twitter, has recommended the token several times. Many users in Shenzhen have repeatedly promoted it in WeChat groups. The token is highly popular, and there are many active users in the community. It has a 24-hour on- chain trading volume of US$48,000, with 8936 transfers. It is essential to stay updated on this token.

MXRC (Token) — A BRC-20 project created by NFT OG influencer @atgoodm. It experienced an issue with its minting being hacked during the free mint stage, which also impacted some whitelist users who were unable to mint, leading to a significant degree of FUD. The project issued a token with the same name on the Ethereum chain. The project has a total market cap of US$70,000, liquidity of US$26,000 on the Ethereum chain, and a 24-hour trading volume of US$7.44K.

UNLEASH (Token) — The project’s Twitter account has just been set up. Woof Decentra (@woof_decentra), someone associated with $STARL, posted only one tweet, “Unleash all the memes”, marking it as the sole tweet from this account since 2022. The contract deployer “Shiba Inu: Deployer 1” has deployed LEASH, one part of the three-piece within the SHIB ecosystem. The token has a 24-hour trading volume of US$7.5 million, with 3585 transactions.

PPC (Token) — PEPE CLOW, a meme coin related to PEPE, primarily focuses on satirizing the decline of PEPE. After its TGE, it experienced an upward trend followed by a recent decline, indicating higher market risk. It has a 24-hour trading volume of US$4.17 million, DEX liquidity of US$210,000, and a total market cap of US$230,000. No obvious risks have been detected in the token’s contract. It is essential to stay updated on PPC.

DYAN (Token) — The token has contract issues such as adjustable tax rates and trading pauses. It has a 24-hour trading volume of US$2.81 million, with 4558 transactions. The token price has fallen after reaching a peak. Both market and contract risks of the token are quite high, requiring caution and observance.

OX (Token) — Open Exchange Token. The project is a platform for buying and selling the claims of bankrupted blockchain projects. The founder is Su Zhu, who also founded 3AC. By staking OX tokens in the project, users can enjoy a reduction in transaction fees. At present, 1.3 billion OX tokens have been staked within the project, with 1.3 billion OX in circulation. The token price has experienced a 15% increase over the last 24 hours. Due to factors such as its founder and sector, the project is gaining good attention from the community.

PEPEGrow (Token) — The token with the same name, PEPE GROW, has already reached zero value. There has been a noticeable increase in the popularity of meme coins related to Pepe, but they lack substantial community support. The token had a TGE less than a day ago, with a 24-hour trading volume of $2.2 million. However, the liquidity pool depth is only $100,000, and the total market capitalization of the token is $1.8 million. Currently, there are several rugs pull risks to consider, so caution is advised when interacting with the contract.

PLANET (Token) — An environment-friendly memecoin, the project promises to allocate a portion of its profits to pollution control efforts, contributing to the health of the earth’s ecosystem. The token has just been deployed on the BSC chain, with a 24-hour on-chain trading volume of US$4.4 million, and 4800 transactions. The community is actively trading and hyping the token, and its performance is rather positive.

LAND (Token) — There is currently no specific information available about the token. The 24-hour on-chain trading volume is US$50,000, with 707 transactions. Despite the token trading depth being US$50,000, its total market cap soars at a high US$11 million. Owing to the current ambiguity surrounding the token’s practical utility and product details, it is essential to observe its performance just temporarily.

Yuri (Token) — A game ecosystem protocol integrated with the ChatGPT API, aiming to enable users to profit more efficiently while being entertained through AI and gaming. The token has a 24-hour on-chain trading volume of US$80,000, with 560 transactions. The token’s performance is quite good, and its first game is about to be launched, making it an essential token to stay updated on.

FUC (Token) — The token of the Space Guild project, which has its gaming platform deployed on the Arbitrum chain. The token has undergone a round of hype, and it is currently rebounding at the bottom. The 24-hour trading volume is US$450,000, with 614 transactions. The token presents a significant hype opportunity during pullback. The risk lies in the high current total market cap of the token, which has already reached a level of US$135 million.

2.Popular NFTs:

EIGHTHAVEN (NFT) — This project has recently experienced a sudden increase in daily trading volume, with a high level of on-chain trading activity and a rapid turnover. EIGHTHAVEN is a Pixel Art PFP series with a total of 8888 items. It has an on-chain trading volume of 10 ETH, a floor price of 0.0011 ETH, and 2781 holders.

3.Popular DApps:

Zora (DApp) — Zora is a significant NFT release and a commemorative NFT Free Mint platform within the NFT market. The project has assisted numerous project owners and influencers with NFT releases and has a certain reputation within the community. The NFT designs are quite exquisite and attract many artists. The project recently assisted artist Elna Frederick in issuing the “Nursery” series of art NFTs. The series comprises a total of 100 items, with each one priced at 0.05 ETH. It is essential to stay updated on Zora.

TinyTap (DApp) — A decentralized education platform supported by Animoca Brands. Established in 2012, TinyTap is a tech startup based in Tel Aviv, Israel that focuses on user-generated content (UGC). As a specific technology in the trading sector, Tiny Tap will participate in the ISTE Live23 conference and has recently established a US$10 million Global Educators Fund, gaining considerable interest in the community.

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 11,540 participants from 112 countries participated in the token sale. Link3 has recently begun promoting SuperHero, a community that uses its platform to create Web3 content to gain a large number of fans and earn fees. Additionally, an increasing number of projects are conducting AMAs on Link3.

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. Projects like Scroll and Interport Finance have recently announced their integration with Layerzero services. Layerzero relies on lightweight nodes to verify cross-chain information, greatly reducing the cost of cross-chain verification and making the product a leader in the cross-chain sector.

Lens Protocol (DApp) — Lens Protocol has introduced a new governance model, namely the Lens Improvement Proposals (LIPs). Community members can suggest improvements to the protocol within this model. Currently, there are three live proposals under LIPs. The first proposal establishes an open governance model, while the second and third proposals are centered on open standards. These are respectively for encouraging the integration of third-party algorithms and machine learning (ML) services into the Lens Protocol, and for classifying, organizing, and tagging metadata within Lens.

Layerswap (DApp) — This platform supports users in transferring assets across EVM chains such as Arbitrum, OP, Zksync, Starknet, and Polygon. Zkswap and Rollup.finance have already integrated Layerswap and will use the relevant cross-chain services. The project makes cross-chain operations simple and secure. With a solid foundation, it is an essential project to stay updated on.

Lighter (DApp) — A DeFi router invested in by A16Z and Lightspeed, which stands out for its more affordable, faster, and cheaper routing prices. Lighter Router has great potential as a decentralized order book exchange. Its official Twitter posts receive around 5000 views, indicating a high level of community interest in the project.

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.

Manifold (DApp) — A creator platform that allows artists to create NFTs using componentized product releases for smart contracts. It is also a platform for users to mint NFTs. Manifold will expand its Creator toolset to L2, providing users with a lower transaction gas fee experience. Users can collect the “Manifold-Optimism Creator NFT” and receive an airdrop reward of US$6.9 in ETH from Manifold. The community’s participation level is impressive.

NFPrompt (DApp) — This is an NFT creation platform that allows users to leverage their creativity and AI technology to create NFTs. The project’s slogan, “Mint Your Imagination,” suggests a unique and innovative approach. The project has recently organized a robot-themed art competition in collaboration with BNB Chain. With a solid foundation, it is an essential project to stay updated on.

QuickSwap (DApp) — A leading DEX on Polygon. The recent fluctuation in the price of Matic has led to an increase in interactions. However, the severe drop in the price of Matic has weakened its ability to empower its ecosystem projects. It is crucial to continue monitoring the impact of the SEC lawsuit on the price of Matic.

Rarible (DApp) — A community-centric multi-chain NFT marketplace that consistently ranks in the top 5 for user interaction within the Solana ecosystem. Rarible conducts many promotions for its community, helping to promote the platform’s NFT projects, including Mocaverse, and Cash Labs, among others. The project has recently posted regarding a potential bullish market for NFTs on Twitter, gaining a significant level of attention.

Li.Fi (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 $5.5 million in funding in July 2022, led by 1kx. Recently, DeCommas and LiFi conducted a joint promotion on Zealy, with a total prize pool of 600 USDC, drawing considerable attention from the community.

Iskra (DApp) — A blockchain gaming platform built on Klaytn, bringing together gamers and game studios with a continuous increase in daily active users. The platform allows gamers to explore and enjoy high-quality blockchain games while creating their own communities. Iskra previously announced that Normain Metaland will conduct an IGO on the platform. The community’s interest in interaction has been low recently.

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 942,000 unique wallet addresses on the zkSync Era mainnet, with 452,000 ETH bridged to zkSync and a total of 1.139 million transfers. Additionally, users can use https://byfishh.github.io/zk-flow/ to check the interaction frequency of their wallet with zkSync. Combined with the data from Dune’s dashboard, they can create high-quality accounts.

Seg Finance (DApp) — The contract address of the CrazyShoes Mall. It is related to the BRC-20 standard token SEG (Shoe Elimination Game). This token has reached 19,658 holders, with 95% of the chips concentrated in one EOA address. It’s hard to determine what kind of DApp or whatever this contract address is, as detailed information is hard to find on social media and search engines.

L2BEAT (DApp) — L2BEAT is an analytical and research website dedicated to Ethereum Layer 2 (L2) scaling. It offers a comparison of various Ethereum L2 systems available at present. A key distinction of L2BEAT from similar websites is that it is committed to educating users and only lists projects that meet the strict definition of L2. The project team defines Layer 2 as a chain that derives its security entirely or partially from Ethereum’s Layer 1. This way, users do not have to rely on the honesty of the L2 validators to ensure the security of their funds. The activity level of the project has recently increased.

4.Twitter Hot Topics:

BOB (Token) — A meme-based community coin that has experienced significan t price volatility recently, attracting a high level of community attention. It has a liquidity of $1.15 million on-chain and a trading volume of $2.96 million in the past 24 hours. Contract checks reveal potential trading pauses, hence it is advisable to observe.

PEPE (Token) — The recent rebound in BTC has led to a bounce in the leading meme coin, PEPE. However, its sustainability has been weak, as it has experienced a 75% decline from its previous high. The relative decline has been significant. Whether it has formed a bottom or not requires continuous observation.

5.Regional Trending Searches:

Bitcoin (Token) — From the perspective of the U.S. stock market, the significant rise in AI and technology stocks has led to an increase in the Nasdaq index. In the future, it will be important to monitor the flow of funds into other sectors after a short-term correction in the U.S. stock market. Last week, the CPI data was lower than expected, but core inflation remained relatively steady. The Federal Reserve subsequently made hawkish remarks, indicating expectations of two more interest rate hikes in the second half of the year. However, these remarks were largely seen as managing market expectations. Additionally, the news of BlackRock’s application for a Bitcoin ETF started to gain attention on Friday. Bitcoin rebounded quickly after hitting US$24,800, reaching a high of $27,000. It will be crucial to closely monitor the support level at $25,500 and the key resistance level at $26,800 as they may significantly impact Bitcoin’s future upward potential.

Main Body

Written by: Bitget Research

Data collection time: June 19, 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.BTC Profile — BRC-20

Bitget Research: Mainstream Assets Fluctuate Upward, Market Lacks Hot Sectors image 0

Whee (Token) — A BRC-20 memecoin. Influencer @markjeffrey, who has 53,500 followers on Twitter, has recommended the token several times. Many users in Shenzhen have repeatedly promoted it in WeChat groups. The token is highly popular, and there are many active users in the community. It has a 24-hour on-chain trading volume of US$48,000, with 8936 transfers. It is essential to stay updated on this token.

MXRC (Token) — A BRC-20 project created by NFT OG influencer @atgoodm. It experienced an issue with its minting being hacked during the free mint stage, which also impacted some whitelist users who were unable to mint, leading to a significant degree of FUD. The project issued a token with the same name on the Ethereum chain. The project has a total market cap of US$70,000, liquidity of US$26,000 on the Ethereum chain, and a 24-hour trading volume of US$7.44K.

2.Blockchain Profile — ETH Chain

2.1 User Profile

2.1.1 Core Data

  • Total active users of ETH: 420,382
  • New active users of ETH: 68,827, with a daily decrease of 4.54%
  • Existing active users of ETH: 351,555, with a daily decrease of 2.09%

2.1.2 New User Profile

  • Core data: There were a total of 68,827 new active users on ETH yesterday, with a daily decrease of 4.54%
  • Popular Sectors

Bitget Research: Mainstream Assets Fluctuate Upward, Market Lacks Hot Sectors image 1

  • Popular Projects

Bitget Research: Mainstream Assets Fluctuate Upward, Market Lacks Hot Sectors image 2

  • Key Projects:

ZachXBT (Influencer) — Taiwanese singer Huang Licheng previously sued the on-chain analyst ZachXBT for defamation. ZachXBT has launched a fundraising campaign in the community, and Binance and SlowMist have already donated to the specified address. The community’s support for on-chain analyst ZachXBT is stronger, and Huang Licheng’s lawsuit might end in defeat.

2.1.3 Existing User Profile

  • Core data: The number of ETH active existing users is 351,555, with a daily decrease of 2.09%
  • Popular Sectors

Bitget Research: Mainstream Assets Fluctuate Upward, Market Lacks Hot Sectors image 3

  • Popular Projects

Bitget Research: Mainstream Assets Fluctuate Upward, Market Lacks Hot Sectors image 4

  • Key Projects:

Zora (DApp) — Zora is a significant NFT release and a commemorative NFT Free Mint platform within the NFT market. The project has assisted numerous project owners and influencers with NFT releases and has a certain reputation within the community. The NFT designs are quite exquisite and attract many artists. The project recently assisted artist Elna Frederick in issuing the “Nursery” series of art NFTs. The series comprises a total of 100 items, with each one priced at 0.05 ETH. It is essential to stay updated on Zora. https://zora.co/collect/eth:0x5b2e9cba2d165122e69ed1e529efbe0aa5e78a9b

2.2 Popular Trading Pairs

2.2.1 Uniswap V2

Bitget Research: Mainstream Assets Fluctuate Upward, Market Lacks Hot Sectors image 5

UNLEASH (Token) — The project’s Twitter account has just been set up. Woof Decentra (@woof_decentra), someone associated with $STARL, posted only one tweet, “Unleash all the memes”, marking it as the sole tweet from this account since 2022. The contract deployer “Shiba Inu: Deployer 1” has deployed LEASH, one part of the three-piece within the SHIB ecosystem. The token has a 24-hour trading volume of US$7.5 million, with 3585 transactions. https://dexscreener.com/ethereum/0xf64e49c1d1d2b1cfa570b1da6481dc8dc95cd093

PPC (Token) — PEPE CLOW, a meme coin related to PEPE, primarily focuses on satirizing the decline of PEPE. After its TGE, it experienced an upward trend followed by a recent decline, indicating higher market risk. It has a 24-hour trading volume of US$4.17 million, DEX liquidity of US$210,000, and a total market cap of US$230,000. No obvious risks have been detected in the token’s contract. It is essential to stay updated on PPC. https://dexscreener.com/ethereum/0xded5dd6eae725021f99dd690a9b341b35b702811

DYAN (Token) — The token has contract issues such as adjustable tax rates and trading pauses. It has a 24-hour trading volume of US$2.81 million, with 4558 transactions. The token price has fallen after reaching a peak. Both market and contract risks of the token are quite high, requiring caution and observance. https://dexscreener.com/ethereum/0x313dd887a796ca5910a5a7a4be9a676506ecd6d0

2.2.2 Uniswap V3

Bitget Research: Mainstream Assets Fluctuate Upward, Market Lacks Hot Sectors image 6

OX (Token) — Open Exchange Token. The project is a platform for buying and selling the claims of bankrupted blockchain projects. The founder is Su Zhu, who also founded 3AC. By staking OX tokens in the project, users can enjoy a reduction in transaction fees. At present, 1.3 billion OX tokens have been staked within the project, with 1.3 billion OX in circulation. The token price has experienced a 15% increase over the last 24 hours. Due to factors such as its founder and sector, the project is gaining good attention from the community. https://dexscreener.com/ethereum/0x2cad29e9640b9bcfb1d8d25cf3e4bd05f55cce70

3.Blockchain Profile — BSC Chain

3.1 User Profile

3.1.1 Core Data

  • Total active users on BSC: 1,206,037
  • New active users on BSC: 127,603, with a daily decrease of 22.03%
  • Existing active users on BSC: 1,078,434, with a daily decrease of 1.82%

3.1.2 New User Profile

  • Core data: There were a total of 127,603 new active users on BSC yesterday, with a daily decrease of 22.03%
  • Popular Sectors

Bitget Research: Mainstream Assets Fluctuate Upward, Market Lacks Hot Sectors image 7

  • Popular Projects

Bitget Research: Mainstream Assets Fluctuate Upward, Market Lacks Hot Sectors image 8

  • Key Projects:

TinyTap (DApp) — A decentralized education platform supported by Animoca Brands. Established in 2012, TinyTap is a tech startup based in Tel Aviv, Israel that focuses on user-generated content (UGC). As a specific technology in the trading sector, Tiny Tap will participate in the ISTE Live23 conference and has recently established a US$10 million Global Educators Fund, gaining considerable interest in the community.

3.1.3 Existing User Profile

  • Core data: The number of BSC active existing users is 1,078,434, with a daily decrease of 1.82%
  • Popular Sectors

Bitget Research: Mainstream Assets Fluctuate Upward, Market Lacks Hot Sectors image 9

  • Popular Projects

Bitget Research: Mainstream Assets Fluctuate Upward, Market Lacks Hot Sectors image 10

  • Key Projects:

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 11,540 participants from 112 countries participated in the token sale. Link3 has recently begun promoting SuperHero, a community that uses its platform to create Web3 content to gain a large number of fans and earn fees. Additionally, an increasing number of projects are conducting AMAs on Link3.

3.2 Popular Trading Pairs

3.2.1 PancakeSwap V2

Bitget Research: Mainstream Assets Fluctuate Upward, Market Lacks Hot Sectors image 11

PEPEGrow (Token) — The token with the same name, PEPE GROW, has already reached zero value. There has been a noticeable increase in the popularity of meme coins related to Pepe, but they lack substantial community support. The token had a TGE less than a day ago, with a 24-hour trading volume of $2.2 million. However, the liquidity pool depth is only $100,000, and the total market capitalization of the token is $1.8 million. Currently, there are several rugs pull risks to consider, so caution is advised when interacting with the contract. https://dexscreener.com/bsc/0x97d75379c5127fcf6013c6eacd7655058205c855

PLANET (Token) — An environment-friendly memecoin, the project promises to allocate a portion of its profits to pollution control efforts, contributing to the health of the earth’s ecosystem. The token has just been deployed on the BSC chain, with a 24-hour on-chain trading volume of US$4.4 million, and 4800 transactions. The community is actively trading and hyping the token, and its performance is rather positive. https://dexscreener.com/bsc/0x25e176672334daf9f2805ffb2be56573c6ab5ea3

4.Blockchain Profile — Polygon Chain

4.1 User Profile

4.1.1 Core Data

  • Total active users on Polygon: 357,815
  • New active users on Polygon: 71,913, with a daily decrease of 8.84%
  • Existing active users on Polygon: 285,902, with a daily decrease of 7.68%

4.1.2 New User Profile

  • Core data: There were a total of 71,913 new active users on Polygon yesterday, with a daily decrease of 8.84%
  • Popular Sectors

Bitget Research: Mainstream Assets Fluctuate Upward, Market Lacks Hot Sectors image 12

  • Popular Projects

Bitget Research: Mainstream Assets Fluctuate Upward, Market Lacks Hot Sectors image 13

  • 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. Projects like Scroll and Interport Finance have recently announced their integration with Layerzero services. Layerzero relies on lightweight nodes to verify cross-chain information, greatly reducing the cost of cross-chain verification and making the product a leader in the cross-chain sector.

4.1.3 Existing User Profile

  • Core Data: The number of Polygon active existing users is 285,902, with a daily decrease of 7.68%
  • Popular Sectors

Bitget Research: Mainstream Assets Fluctuate Upward, Market Lacks Hot Sectors image 14

  • Popular Projects

Bitget Research: Mainstream Assets Fluctuate Upward, Market Lacks Hot Sectors image 15

  • Key Projects:

Lens Protocol (DApp) — Lens Protocol has introduced a new governance model, namely the Lens Improvement Proposals (LIPs). Community members can suggest improvements to the protocol within this model. Currently, there are three live proposals under LIPs. The first proposal establishes an open governance model, while the second and third proposals are centered on open standards. These are respectively for encouraging the integration of third-party algorithms and machine learning (ML) services into the Lens Protocol, and for classifying, organizing, and tagging metadata within Lens.

4.2 Popular Trading Pairs

4.2.1 Uniswap V3

Bitget Research: Mainstream Assets Fluctuate Upward, Market Lacks Hot Sectors image 16

LAND (Token) — There is currently no specific information available about the token. The 24-hour on-chain trading volume is US$50,000, with 707 transactions. Despite the token trading depth being US$50,000, its total market cap soars at a high US$11 million. Owing to the current ambiguity surrounding the token’s practical utility and product details, it is essential to observe its performance just temporarily. https://dexscreener.com/polygon/0xc186c0fa933d3cca194d74322c6c98db167b58fb

5.Blockchain Profile — Arbitrum Chain

5.1 User Profile

5.1.1 Core Data

  • Arbitrum Active Users: 153,495
  • Arbitrum New Active Users: 30,058, with a daily decrease of 25.22%
  • Arbitrum Existing Active Users: 123,437, with a daily decrease of 12.88%

5.1.2 New User Profile

  • Core data: There were a total of 30,058 new active users on Arbitrum yesterday, with a daily decrease of 25.22%
  • Popular Sectors

Bitget Research: Mainstream Assets Fluctuate Upward, Market Lacks Hot Sectors image 17

  • Popular Projects

Bitget Research: Mainstream Assets Fluctuate Upward, Market Lacks Hot Sectors image 18

  • Key Projects:

Layerswap (DApp) — This platform supports users in transferring assets across EVM chains such as Arbitrum, OP, Zksync, Starknet, and Polygon. Zkswap and Rollup.finance have already integrated Layerswap and will use the relevant cross-chain services. The project makes cross-chain operations simple and secure. With a solid foundation, it is an essential project to stay updated on.

Yuri (Token) — A game ecosystem protocol integrated with the ChatGPT API, aiming to enable users to profit more efficiently while being entertained through AI and gaming. The token has a 24-hour on-chain trading volume of US$80,000, with 560 transactions. The token’s performance is quite good, and its first game is about to be launched, making it an essential token to stay updated on. https://dexscreener.com/arbitrum/0x5b1e98c610cbe05aada92571788c552ed932b8fa

5.1.3 Existing User Profile

  • Core data: The number of Arbitrum active existing users is 123,437, with a daily decrease of 12.88%
  • Popular Sectors

Bitget Research: Mainstream Assets Fluctuate Upward, Market Lacks Hot Sectors image 19

  • Popular Projects

Bitget Research: Mainstream Assets Fluctuate Upward, Market Lacks Hot Sectors image 20

  • Key Projects:

Lighter (DApp) — A DeFi router invested in by A16Z and Lightspeed, which stands out for its more affordable, faster, and cheaper routing prices. Lighter Router has great potential as a decentralized order book exchange. Its official Twitter posts receive around 5000 views, indicating a high level of community interest in the project.

5.2 Popular Trading Pairs

5.2.1 Uniswap V3

Bitget Research: Mainstream Assets Fluctuate Upward, Market Lacks Hot Sectors image 21

FUC (Token) — The token of the Space Guild project, which has its gaming platform deployed on the Arbitrum chain. The token has undergone a round of hype, and it is currently rebounding at the bottom. The 24-hour trading volume is US$450,000, with 614 transactions. The token presents a significant hype opportunity during pullback. The risk lies in the high current total market cap of the token, which has already reached a level of US$135 million. https://dexscreener.com/arbitrum/0x0b0e4187519e0597858a0026edc7300ff3a39a4c

6.DApp Ecosystem — All Chains

Bitget Research: Mainstream Assets Fluctuate Upward, Market Lacks Hot Sectors image 22

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.

Atomic Assets (DApp) — An NFT Marketplace on the WAX chain, with high activity. The project has no remarkable promotions.

7.DApp Ecosystem — ETH Chain

Bitget Research: Mainstream Assets Fluctuate Upward, Market Lacks Hot Sectors image 23

Manifold (DApp) — A creator platform that allows artists to create NFTs using componentized product releases for smart contracts. It is also a platform for users to mint NFTs. Manifold will expand its Creator toolset to L2, providing users with a lower transaction gas fee experience. Users can collect the “Manifold-Optimism Creator NFT” and receive an airdrop reward of US$6.9 in ETH from Manifold. The community’s participation level is impressive.

8.DApp Ecosystem — BSC Chain

Bitget Research: Mainstream Assets Fluctuate Upward, Market Lacks Hot Sectors image 24

NFPrompt (DApp) — This is an NFT creation platform that allows users to leverage their creativity and AI technology to create NFTs. The project’s slogan, “Mint Your Imagination,” suggests a unique and innovative approach. The project has recently organized a robot-themed art competition in collaboration with BNB Chain. With a solid foundation, it is an essential project to stay updated on.

9.DApp Ecosystem — Polygon Chain

Bitget Research: Mainstream Assets Fluctuate Upward, Market Lacks Hot Sectors image 25

QuickSwap (DApp) — A leading DEX on Polygon. The recent fluctuation in the price of Matic has led to an increase in interactions. However, the severe drop in the price of Matic has weakened its ability to empower its ecosystem projects. It is crucial to continue monitoring the impact of the SEC lawsuit on the price of Matic.

10.DApp Ecosystem — WAX Chain

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The changes regarding Atomic Assets have been explained earlier in the report. The UAW changes of other WAX ecosystem applications are within the normal range.

11.DApp Ecosystem — Solana Chain

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Rarible (DApp) — A community-centric multi-chain NFT marketplace that consistently ranks in the top 5 for user interaction within the Solana ecosystem. Rarible conducts many promotions for its community, helping to promote the platform’s NFT projects, including Mocaverse, and Cash Labs, among others. The project has recently posted regarding a potential bullish market for NFTs on Twitter, gaining a significant level of attention.

12.DApp Ecosystem — Arbitrum Chain

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The projects in the Arbitrum ecosystem have generally experienced a decline. However, the following application has shown a significant increase:

Li.Fi (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 $5.5 million in funding in July 2022, led by 1kx. Recently, DeCommas and LiFi conducted a joint promotion on Zealy, with a total prize pool of 600 USDC, drawing considerable attention from the community.

13.DApp Ecosystem — GameFi Sector Across All Chains

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Iskra (DApp) — A blockchain gaming platform built on Klaytn, bringing together gamers and game studios with a continuous increase in daily active users. The platform allows gamers to explore and enjoy high-quality blockchain games while creating their own communities. Iskra previously announced that Normain Metaland will conduct an IGO on the platform. The community’s interest in interaction has been low recently.

14.Gas Fee Consumption — ETH Chain

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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 942,000 unique wallet addresses on the zkSync Era mainnet, with 452,000 ETH bridged to zkSync and a total of 1.139 million transfers. Additionally, users can use https://byfishh.github.io/zk-flow/ to check the interaction frequency of their wallet with zkSync. Combined with the data from Dune’s dashboard, they can create high-quality accounts.

EIGHTHAVEN (NFT) — This project has recently experienced a sudden increase in daily trading volume, with a high level of on-chain trading activity and a rapid turnover. EIGHTHAVEN is a Pixel Art PFP series with a total of 8888 items. It has an on-chain trading volume of 10 ETH, a floor price of 0.0011 ETH, and 2781 holders. https://opensea.io/collection/eighthaven-official

15.Gas Fee Consumption — BSC Chain

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Seg Finance (DApp) — The contract address of the CrazyShoes Mall. It is related to the BRC-20 standard token SEG (Shoe Elimination Game). This token has reached 19,658 holders, with 95% of the chips concentrated in one EOA address. It’s hard to determine what kind of DApp or whatever this contract address is, as detailed information is hard to find on social media and search engines.

16.Gas Fee Consumption — Polygon Chain

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L2BEAT (DApp) — L2BEAT is an analytical and research website dedicated to Ethereum Layer 2 (L2) scaling. It offers a comparison of various Ethereum L2 systems available at present. A key distinction of L2BEAT from similar websites is that it is committed to educating users and only lists projects that meet the strict definition of L2. The project team defines Layer 2 as a chain that derives its security entirely or partially from Ethereum’s Layer 1. This way, users do not have to rely on the honesty of the L2 validators to ensure the security of their funds. The activity level of the project has recently increased.

17.Gas Fee Consumption — Arbitrum Chain

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Lighter Router (DApp) — A DeFi router invested in by A16Z and Lightspeed, which stands out for its more affordable, faster, and cheaper routing prices. Lighter Router has great potential as a decentralized order book exchange.

18.Twitter Trends Token Top 20

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BOB (Token) — A meme-based community coin that has experienced significant price volatility recently, attracting a high level of community attention. It has a liquidity of $1.15 million on-chain and a trading volume of $2.96 million in the past 24 hours. Contract checks reveal potential trading pauses, hence it is advisable to observe. https://www.dextools.io/app/en/ether/pair-explorer/0xbe8bc29765e11894f803906ee1055a344fdf2511

PEPE (Token) — The recent rebound in BTC has led to a bounce in the leading meme coin, PEPE. However, its sustainability has been weak, as it has experienced a 75% decline from its previous high. The relative decline has been significant. Whether it has formed a bottom or not requires continuous observation. https://www.dextools.io/app/en/ether/pair-explorer/0xa43fe16908251ee70ef74718545e4fe6c5ccec9f

19.Google Trends — Global

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Bitcoin (Token) — From the perspective of the U.S. stock market, the significant rise in AI and technology stocks has led to an increase in the Nasdaq index. In the future, it will be important to monitor the flow of funds into other sectors after a short-term correction in the U.S. stock market. Last week, the CPI data was lower than expected, but core inflation remained relatively steady. The Federal Reserve subsequently made hawkish remarks, indicating expectations of two more interest rate hikes in the second half of the year. However, these remarks were largely seen as managing market expectations. Additionally, the news of BlackRock’s application for a Bitcoin ETF started to gain attention on Friday. Bitcoin rebounded quickly after hitting US$24,800, reaching a high of $27,000. It will be crucial to closely monitor the support level at $25,500 and the key resistance level at $26,800 as they may significantly impact Bitcoin’s future upward potential.

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

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a) South Asia Region

India Trending Tokens: PI

Pakistan Trending Keywords: crypto flare, coinpayu, crypto ropa

b) Southeast Asia Region

Indonesia Trending Keywords: kraken, cmc, airdrop crypto, crypto faucet

Cambodia Trending Keywords: xrp news

Vietnam Trending Keywords: coinmarketcap

Philippines Trending Keywords and Tokens: coinbase, crypto trading meaning, crypto faucet, best crypto to invest 2023

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

Trending Keywords: Crypto, Crypto News

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

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a) CIS Region

Trending Keywords: airdrop crypto

b) English-speaking Countries

Australia Trending Tokens: BTC, XRP, ETH, PI

USA Trending Tokens: BOB

UK Trending Tokens: CRV, BOB, BTC, ETH

Canada Trending Tokens: AAVE, XRP, GLMR, ADA, BTC

c) Europe

Spain Trending Tokens: ADA, ROSE, VRA, BTC

France Trending Tokens: SHIB, GLMR, LTC, FLOKI

Germany Trending Tokens: QNT, AIDOGE, BTC, XRP

Italy Trending Tokens: INJ, BNB, ETH, SAND, SHIB, LUNA, ROSE

Poland Trending Tokens: XEN, LINA, XRP

Switzerland Trending Tokens: AIDOGE, SHIB

Turkey Trending Keywords: coinmarketcap, tradingview

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

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a) Africa

Trending Tokens and Keywords: Crypto prices, what is crypto trading

Nigeria Trending Tokens: JUNO

South Africa Trending Keywords: bitcoin price, best crypto trading platform

b) Middle East

Trending Keywords: Crypto news, coinbase, crypto prices, coinmarketcap

c) Latin America

Brazil Trending Tokens: ETH

Chile Trending Keywords: Crypto Market login

Mexico Trending Keywords: crypto bubbles, crypto arena

References

1. Dune Dashboard - Blockchain Profile: https://dune.com/bitgetresearch/bitgetreseach-chains-overview

2. Dune Dashboard - Gas Fee Consumption: https://dune.com/bitgetresearch/gas-overview