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Bitget Research: BTC Demonstrates Low Volatility, XRP-related Concept Tokens Show Strong Performance

Bitget Research
2023/07/19
Bitget Research: BTC Demonstrates Low Volatility, XRP-related Concept Tokens Show Strong Performance
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:

BILI (BRC-20) — A bilibili concept BRC-20 token initiated by the Chinese project bili_labs. The number of holders is currently 2580, indicating a slow increase. Its trading volume is US$32,000. It is essential to stay updated on BILI.

ARKM (Token) — Binance listed ARKM at 8 PM last night, while Bitget listed the token an hour earlier. Before the official listing on CEX, the project started airdrop claiming, leading to on-chain liquidity. Overall, the token’s increase was not as high as expected, and users who borrowed BNB just managed to break even. However, the project possesses a certain scarcity and top-level premium positioning, making it an essential token to follow.

PC (Token) — This token is positioned as an EVM-compatible Layer 2 chain, using PEPE as the gas token. Today it experienced a surge, with an on- XCNUSDT">chain trading volume of US$12 million over the past 24 hours. It has an on-chain liquidity of US$277,000 and a market cap of US$6.37 million. The number of holders reached 2540 in one day after the token was launched. Contract checks did not reveal any significant risks. There is a 2% buy and sell tax. It is important to keep a close watch on this token.

PUPE (Token) — This is a community-oriented project, presumably a replica of the PEPE concept. The token saw a sharp fall today, declining by 92%. It has an on-chain liquidity of US$21,000 and a 24-hour trading volume of US$350,000. Contract checks reveal potential blacklist mechanisms, which present increased risks. It is essential to observe its performance.

HOPPY (Token) — A meme with the “The frog before $PEPE” concept. Its image was created by the major influencer @Matt_Furie, but it is highly probable that it wasn’t deployed by him. The token has 3211 holders, indicating a high level of trading activity. The on-chain transaction tax is 1%. The speculative cycle of the token was relatively short, with TGE experiencing a significant increase on the first day followed by a substantial drop on the second day. It is essential to monitor its performance.

RLB (Token) — Rollbit Token (RLB) has been introduced as part of the online casino Rollbit’s lottery. On July 17, the founder of Three Arrows Capital, Zhu Su, shared on social media a list of altcoins worth paying attention to in this cycle, along with his reasons for recommending them. These tokens span the DeFi, DeFi/CeFi, and memecoin sectors, with RLB being one of his top picks. Currently, the tweet has received over 490,000 views, indicating high popularity.

PSYOP (Token) — A memecoin launched by Ben.eth. In the past, it saw a surge in interest following a tweet by Elon Musk, resulting in a 20x price increase within a day. However, the token continued to decline after the hype cooled down. It has experienced a significant surge in the past two days, with a more than 5x increase in a single day. It has 9730 holders, but nearly 98% of the tokens are in Ben.eth’s EOA address, leading to an inflated total market cap of US$1 billion.

RWT (Token) — Rumored to be a pyramid scheme token locally promoted by hopingclub. The token has skyrocketed, with a current market cap reaching up to US$98.8 billion and 446,000 holders. The tokens are overly concentrated, with the top 6 addresses holding 45%, 15%, 15%, 10%, 10%, and 4.3% of the tokens, accounting for more than 99%. The token price is strongly controlled by the pyramid scheme party.

BOB (Token) — BOB is a stablecoin with multi-chain and multi-collateral support, enhanced with optional privacy features. Once BOB is deposited into the zkBob application, pool participants can transfer BOB between them privately and securely. Currently, the token is stable at a 1:1 exchange rate with USDC.

ARB (Token) — Two days ago, a whale with an address starting with 0x6950 withdrew US$11.4 million worth of ARB from Binance. Today, the whale continued withdrawal from Binance with another US$5.84 million worth of ARB. With the arrival of the Cancun upgrade, the hype around the Layer 2 ecosystem is expected to increase, making it essential to keep an eye on the leading projects within this ecosystem.

2.Popular NFTs:

PUNKs2023 (NFT) — This newly launched Free Mint project is positioned as the 2023 version of Punks. It has a high level of on-chain trading activity, with the current floor price at 0.0185 ETH and already achieving a total of 11 ETH in transactions. There are currently 3,352 holders, making it worth tracking.

XTMT (NFT) — Positioned as a gaming platform, XTMT has recently been running a giveaway campaign. Users can participate by completing tasks such as following, retweeting, and liking on Twitter to earn a lottery ticket. The project offers rewards worth $70,000 in BNB and NFTs, with winners announced daily. This has led to a significant increase in user participation, and the number of holders has reached 47,000. It’s worth keeping an eye on.

Pandra: CodeConqueror (NFT) — Pandra is a series of fully on-chain NFTs built on LayerZero using zk Light Client technology. Pandra can cross different chains. The Polyhedra Network currently holds a promotion on Galxe, offering participants the opportunity to claim CodeConqueror NFT on the BNB chain. Due to anticipation of the airdrop, the promotion is experiencing high participation. Currently, this NFT has 48,000 holders on the BSC.

3.Popular DApps:

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 over 20,000 holders, with 95% of the chips concentrated in one EOA address. It’s hard to determine what kind of DApp or other application this contract address represents, as detailed information is hard to find on social media and search engines.

Zeroex (DApp)- Known as 0x Protocol, it is an infrastructure protocol that facilitates cross-chain transactions for ERC-20 tokens. The project has already launched its token, with a total market cap of US$250 million. Many DEXs use their services, and it is one of Layerzero’s competitors. With the upcoming launch of Layerzero, there may be more trading opportunities. ZRX can be traded on Bitget.

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.

Merkly (DApp, NFT) — Merkly is a multi-chain NFT cross-chain bridge that connects NFTs to various networks using LayerZero and zkSync. With the anticipation of airdrops on LayerZero and zkSync, Merkly has become a key component in the interaction between zk and Layer0, leading to high interaction data and a significant increase in minting activity for multi-chain NFTs.

Playbux (DApp) — A metaverse project on the Binance Smart Chain that integrates real-world shops (shop-to-earn), DeFi, NFT, and virtual community promotions. The project has announced a partnership with iQIYI, a global streaming company, to introduce a ‘Watch to Earn’ feature, aimed at enabling users around the world to enjoy quality and free content. Playbux has climbed to the forefront of on-chain rankings, attracting 190,000 users in the past 30 days, indicating a high level of engagement.

1inch Network (DApp) — The 1inch token recently experienced a substantial rally, with an increase of nearly 100% to US$0.56 from its bottom, followed by a significant pullback. According to Lookonchain, one of the seed investors of 1INCH Dragonfly Capital has just received 37.5 million 1INCH tokens (worth about US$14 million) from 1inch DAO Vesting and transferred them to the 0x340e address. Dragonfly Capital then deposited 37.5 million 1INCH tokens into Coinbase and OKX.

CoinTool: XEN Batch Minter (DApp) — XEN experienced a surge of over 35% in the past 24 hours. The relatively low gas prices on the Ethereum chain recently have resulted in lower costs for minting XEN, stimulating enthusiasm for batch minting of XEN on-chain.

4.Twitter Hot Topics:

MOON (Token) — The native token of the Reddit r/ CryptoCurrency community, Moons (MOON), has experienced a surge of over 400% in a single week. The spike in value is partly due to Reddit updating its terms of service, allowing for the trading of verified virtual goods and tokenized community points.

TON (Token) — Pavel Durov, the founder of Telegram, stated on his personal Telegram channel that Telegram’s monthly active users have exceeded 800 million, with over 2.5 million new registered users each day. He also mentioned that he holds some Bitcoin and Toncoin.

XRP (Token) — A few days ago, Ripple scored a victory in the U.S. District Court for the Southern District of New York. Judge Analisa Torres ruled in a case brought by the U.S. Securities and Exchange Commission, concluding that XRP is not a security. XRP experienced a significant surge in value, followed by a pullback. Yesterday, RippleX announced the 15 winners of the fifth round of XRPL grants, distributing over US$1.6 million in total. The price of XRP once again soared.

5.Regional Trending Searches:

ARKM (Token) — Binance listed ARKM at 8 PM last night, while Bitget listed the token an hour earlier. Before the official listing on CEX, the project started airdrop claiming, leading to on-chain liquidity. Overall, the token’s increase was not as high as expected, and users who borrowed BNB just managed to break even. However, the project possesses a certain scarcity and top-level premium positioning, making it an essential token to follow.

MOON (Token) — The native token of the Reddit r/CryptoCurrency community, Moons (MOON), has experienced a surge of over 400% in a single week. The spike in value is partly due to Reddit updating its terms of service, allowing for the trading of verified virtual goods and tokenized community points.

Main Body

Written by: Bitget Research

Data collection time: July 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: BTC Demonstrates Low Volatility, XRP-related Concept Tokens Show Strong Performance image 0

BILI (BRC-20) — A bilibili concept BRC-20 token initiated by the Chinese project bili_labs. The number of holders is currently 2580, indicating a slow increase. Its trading volume is US$32,000. It is essential to stay updated on BILI.

2.Blockchain Profile — ETH Chain

2.1 User Profile

2.1.1 Core Data

Total active users of ETH: 446,478

New active users of ETH: 96,385, with a daily increase of 31.39%

Existing active users of ETH: 350,093, with a daily increase of 21.79%

2.1.2 New User Profile

Core data: There were a total of 96,385 new active users on ETH yesterday, with a daily increase of 31.39%

Popular Sectors

Bitget Research: BTC Demonstrates Low Volatility, XRP-related Concept Tokens Show Strong Performance image 1

Popular Projects

Bitget Research: BTC Demonstrates Low Volatility, XRP-related Concept Tokens Show Strong Performance image 2

Key Projects:

ARKM (Token) — Binance listed ARKM at 8 PM last night, while Bitget listed the token an hour earlier. Before the official listing on CEX, the project started airdrop claiming, leading to on-chain liquidity. Overall, the token’s increase was not as high as expected, and users who borrowed BNB just managed to break even. However, the project possesses a certain scarcity and top-level premium positioning, making it an essential token to follow.

2.1.3 Existing User Profile

Core data: The number of ETH active existing users is 350,093, with a daily increase of 21.79%

Popular Sectors

Bitget Research: BTC Demonstrates Low Volatility, XRP-related Concept Tokens Show Strong Performance image 3

Popular Projects

Bitget Research: BTC Demonstrates Low Volatility, XRP-related Concept Tokens Show Strong Performance image 4

Key Projects:

PUNKs2023 (NFT) — This newly launched Free Mint project is positioned as the 2023 version of Punks. It has a high level of on-chain trading activity, with the current floor price at 0.0185 ETH and already achieving a total of 11 ETH in transactions. There are currently 3,352 holders, making it worth tracking. https://opensea.io/collection/ul-punks2023

2.2 Popular Trading Pairs

2.2.1 Uniswap V2

Bitget Research: BTC Demonstrates Low Volatility, XRP-related Concept Tokens Show Strong Performance image 5

PC (Token) — This token is positioned as an EVM-compatible Layer 2 chain, using PEPE as the gas token. Today it experienced a surge, with an on-chain trading volume of US$12 million over the past 24 hours. It has an on-chain liquidity of US$277,000 and a market cap of US$6.37 million. The number of holders reached 2540 in one day after the token was launched. Contract checks did not reveal any significant risks. There is a 2% buy and sell tax. It is important to keep a close watch on this token. https://www.dextools.io/app/en/ether/pair-explorer/0x9426a0e93344c3e787a19022b2dac08e9786b8a6

PUPE (Token) — This is a community-oriented project, presumably a replica of the PEPE concept. The token saw a sharp fall today, declining by 92%. It has an on-chain liquidity of US$21,000 and a 24-hour trading volume of US$350,000. Contract checks reveal potential blacklist mechanisms, which present increased risks. It is essential to observe its performance. https://www.dextools.io/app/en/ether/pair-explorer/0x04cf684036cc8030c64735594b8f5c566c3f74b1

HOPPY (Token) — A meme with the “The frog before $PEPE” concept. Its image was created by the major influencer @Matt_Furie, but it is highly probable that it wasn’t deployed by him. The token has 3211 holders, indicating a high level of trading activity. The on-chain transaction tax is 1%. The speculative cycle of the token was relatively short, with TGE experiencing a significant increase on the first day followed by a substantial drop on the second day. It is essential to monitor its performance.

2.2.2 Uniswap V3

Bitget Research: BTC Demonstrates Low Volatility, XRP-related Concept Tokens Show Strong Performance image 6

RLB (Token) — Rollbit Token (RLB) has been introduced as part of the online casino Rollbit’s lottery. On July 17, the founder of Three Arrows Capital, Zhu Su, shared on social media a list of altcoins worth paying attention to in this cycle, along with his reasons for recommending them. These tokens span the DeFi, DeFi/CeFi, and memecoin sectors, with RLB being one of his top picks. Currently, the tweet has received over 490,000 views, indicating high popularity.

PSYOP (Token) — A memecoin launched by Ben.eth. In the past, it saw a surge in interest following a tweet by Elon Musk, resulting in a 20x price increase within a day. However, the token continued to decline after the hype cooled down. It has experienced a significant surge in the past two days, with a more than 5x increase in a single day. It has 9730 holders, but nearly 98% of the tokens are in Ben.eth’s EOA address, leading to an inflated total market cap of US$1 billion.

3.Blockchain Profile — BSC Chain

3.1 User Profile

3.1.1 Core Data

Total active users on BSC: 1,454,035

New active users on BSC: 165,879, with a daily decrease of 12.16%

Existing active users on BSC: 1,288,156, with a daily increase of 7.24%

3.1.2 New User Profile

Core data: There were a total of 165,879 new active users on BSC yesterday, with a daily decrease of 12.16%

Popular Sectors

Bitget Research: BTC Demonstrates Low Volatility, XRP-related Concept Tokens Show Strong Performance image 7

Popular Projects

Bitget Research: BTC Demonstrates Low Volatility, XRP-related Concept Tokens Show Strong Performance image 8

Key Projects:

XTMT (NFT) — Positioned as a gaming platform, XTMT has recently been running a giveaway campaign. Users can participate by completing tasks such as following, retweeting, and liking on Twitter to earn a lottery ticket. The project offers rewards worth $70,000 in BNB and NFTs, with winners announced daily. This has led to a significant increase in user participation, and the number of holders has reached 47,000. It’s worth keeping an eye on. https://opensea.io/collection/xtmt

3.1.3 Existing User Profile

Core data: The number of BSC active existing users is 1,288,156, with a daily increase of 7.24%

Popular Sectors

Bitget Research: BTC Demonstrates Low Volatility, XRP-related Concept Tokens Show Strong Performance image 9

Popular Projects

Bitget Research: BTC Demonstrates Low Volatility, XRP-related Concept Tokens Show Strong Performance image 10

Key Projects:

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 over 20,000 holders, with 95% of the chips concentrated in one EOA address. It’s hard to determine what kind of DApp or other application this contract address represents, as detailed information is hard to find on social media and search engines.

3.2 Popular Trading Pairs

3.2.1 PancakeSwap V2

Bitget Research: BTC Demonstrates Low Volatility, XRP-related Concept Tokens Show Strong Performance image 11

RWT (Token) — Rumored to be a pyramid scheme token locally promoted by hopingclub. The token has skyrocketed, with a current market cap reaching up to US$98.8 billion and 446,000 holders. The tokens are overly concentrated, with the top 6 addresses holding 45%, 15%, 15%, 10%, 10%, and 4.3% of the tokens, accounting for more than 99%. The token price is strongly controlled by the pyramid scheme party.

4.Blockchain Profile — Polygon Chain

4.1 User Profile

4.1.1 Core Data

Total active users on Polygon: 449,497

New active users on Polygon: 84,254, with a daily decrease of 15.63%

Existing active users on Polygon: 365,243, with a daily decrease of 3.91%

4.1.2 New User Profile

Core data: There were a total of 84,254 new active users on Polygon yesterday, with a daily decrease of 15.63%

Popular Sectors

Bitget Research: BTC Demonstrates Low Volatility, XRP-related Concept Tokens Show Strong Performance image 12

Popular Projects

Bitget Research: BTC Demonstrates Low Volatility, XRP-related Concept Tokens Show Strong Performance image 13

Key Projects:

Zeroex (DApp)- Known as 0x Protocol, it is an infrastructure protocol that facilitates cross-chain transactions for ERC-20 tokens. The project has already launched its token, with a total market cap of US$250 million. Many DEXs use their services, and it is one of Layerzero’s competitors. With the upcoming launch of Layerzero, there may be more trading opportunities. ZRX can be traded on Bitget.

4.1.3 Existing User Profile

Core Data: The number of Polygon active existing users is 365,243, with a daily decrease of 3.91%

Popular Sectors

Bitget Research: BTC Demonstrates Low Volatility, XRP-related Concept Tokens Show Strong Performance image 14

Popular Projects

Bitget Research: BTC Demonstrates Low Volatility, XRP-related Concept Tokens Show Strong Performance image 15

Key Projects:

Pandra: CodeConqueror (NFT) — Pandra is a series of fully on-chain NFTs built on LayerZero using zk Light Client technology. Pandra can cross different chains. The Polyhedra Network currently holds a promotion on Galxe, offering participants the opportunity to claim CodeConqueror NFT on the BNB chain. Due to anticipation of the airdrop, the promotion is experiencing high participation. Currently, this NFT has 48,000 holders on the BSC.

4.2 Popular Trading Pairs

4.2.1 Uniswap V3

Bitget Research: BTC Demonstrates Low Volatility, XRP-related Concept Tokens Show Strong Performance image 16

BOB (Token) — BOB is a stablecoin with multi-chain and multi-collateral support, enhanced with optional privacy features. Once BOB is deposited into the zkBob application, pool participants can transfer BOB between them privately and securely. Currently, the token is stable at a 1:1 exchange rate with USDC.

5.Blockchain Profile — Arbitrum Chain

5.1 User Profile

5.1.1 Core Data

Arbitrum Active Users: 166,063

Arbitrum New Active Users: 30,073, with a daily decrease of 9.19%

Arbitrum Existing Active Users: 135,990, with a daily decrease of 4.63%

5.1.2 New User Profile

Core data: There were a total of 30,073 new active users on Arbitrum yesterday, with a daily decrease of 9.19%

Popular Sectors

Bitget Research: BTC Demonstrates Low Volatility, XRP-related Concept Tokens Show Strong Performance image 17

Popular Projects

Bitget Research: BTC Demonstrates Low Volatility, XRP-related Concept Tokens Show Strong Performance 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.

5.1.3 Existing User Profile

Core data: The number of Arbitrum active existing users is 135,990, with a daily decrease of 4.63%

Popular Sectors

Bitget Research: BTC Demonstrates Low Volatility, XRP-related Concept Tokens Show Strong Performance image 19

Popular Projects

Bitget Research: BTC Demonstrates Low Volatility, XRP-related Concept Tokens Show Strong Performance image 20

Key Projects:

Merkly (DApp, NFT) — Merkly is a multi-chain NFT cross-chain bridge that connects NFTs to various networks using LayerZero and zkSync. With the anticipation of airdrops on LayerZero and zkSync, Merkly has become a key component in the interaction between zk and Layer0, leading to high interaction data and a significant increase in minting activity for multi-chain NFTs.

5.2 Popular Trading Pairs

5.2.1 Uniswap V3

Bitget Research: BTC Demonstrates Low Volatility, XRP-related Concept Tokens Show Strong Performance image 21

ARB (Token) — Two days ago, a whale with an address starting with 0x6950 withdrew US$11.4 million worth of ARB from Binance. Today, the whale continued withdrawal from Binance with another US$5.84 million worth of ARB. With the arrival of the Cancun upgrade, the hype around the Layer 2 ecosystem is expected to increase, making it essential to keep an eye on the leading projects within this ecosystem.

6.DApp Ecosystem — All Chains

Bitget Research: BTC Demonstrates Low Volatility, XRP-related Concept Tokens Show Strong Performance image 22

Playbux (DApp) — A metaverse project on the Binance Smart Chain that integrates real-world shops (shop-to-earn), DeFi, NFT, and virtual community promotions. The project has announced a partnership with iQIYI, a global streaming company, to introduce a ‘Watch to Earn’ feature, aimed at enabling users around the world to enjoy quality and free content. Playbux has climbed to the forefront of on-chain rankings, attracting 190,000 users in the past 30 days, indicating a high level of engagement.

7.DApp Ecosystem — ETH Chain

Bitget Research: BTC Demonstrates Low Volatility, XRP-related Concept Tokens Show Strong Performance image 23

1inch Network (DApp) — The 1inch token recently experienced a substantial rally, with an increase of nearly 100% to US$0.56 from its bottom, followed by a significant pullback. According to Lookonchain, one of the seed investors of 1INCH Dragonfly Capital has just received 37.5 million 1INCH tokens (worth about US$14 million) from 1inch DAO Vesting and transferred them to the 0x340e address. Dragonfly Capital then deposited 37.5 million 1INCH tokens into Coinbase and OKX.

Rhino.fi (DApp) — Rhino.fi, a cross-chain aggregator and DeFi project, is currently carrying out promotions. The fees for cross-chain transactions from ETH to the zkSync ecosystem via Rhino.fi have been cut by half. The project also supports users to cross-chain their assets from Arbitrum. A cross-chain bridge to Linea has been launched, resulting in an increased level of interaction, as Rhino.fi is one of the few projects offering this support.

8.DApp Ecosystem — BSC Chain

Bitget Research: BTC Demonstrates Low Volatility, XRP-related Concept Tokens Show Strong Performance image 24

Galxe (DApp) — A famous on-chain task platform. Galxe is preparing to host community AMAs and promotions with several projects, including Taiko, QuickSwap, KyberSwap, and Holowallet (Kucoin’s wallet). In terms of product development, the project has introduced a newsletter subscription service to keep users updated on the latest news about Galxe product development.

9.DApp Ecosystem — Polygon Chain

Bitget Research: BTC Demonstrates Low Volatility, XRP-related Concept Tokens Show Strong Performance image 25

IMVU powered by Metajuice (DApp) — This social metaverse project on Polygon empowers the creator economy through NFTs and a dual-token model. The project is backed by Animoca, Bitkraft, Jump, Immutable, and others. IMVU is a social app that was built in 2014 and has seen 350 million users in its lifetime, indicating high popularity. This blockchain shift is aimed at exploring the Web3 space.

10.DApp Ecosystem — WAX Chain

Bitget Research: BTC Demonstrates Low Volatility, XRP-related Concept Tokens Show Strong Performance image 26

NiftyKicks Factory (DApp) — Nifty Kicks is the first P2E game built on the Wax chain with a factory concept. The project carried out a PFP sale at the beginning of the month. The overall user interest has fluctuated, and the project has not maintained a consistent presence in the rankings. UAW has recently seen an increase due to gaming promotions.

11.DApp Ecosystem — Solana Chain

Bitget Research: BTC Demonstrates Low Volatility, XRP-related Concept Tokens Show Strong Performance image 27

Genopets (DApp) — A Move to Earn project on Solana featuring pets as its theme. It combines social fitness incentives, free game mechanics, and player-controlled Web3 economics. The project’s investors include famous organizations like Pantera, Konvoy, and Solana. Its latest version 0.25 has made some functional updates to enhance user experience.

12.DApp Ecosystem — Arbitrum Chain

Bitget Research: BTC Demonstrates Low Volatility, XRP-related Concept Tokens Show Strong Performance image 28

Rhino.fi (DApp) — Rhino.fi, a cross-chain aggregator and DeFi project, is currently carrying out promotions. The fees for cross-chain transactions from ETH to the zkSync ecosystem via Rhino.fi have been cut by half. The project also supports users to cross-chain their assets from Arbitrum. A cross-chain bridge to Linea has been launched, resulting in an increased level of interaction, as Rhino.fi is one of the few projects offering this support.

13.DApp Ecosystem — GameFi Sector Across All Chains

Bitget Research: BTC Demonstrates Low Volatility, XRP-related Concept Tokens Show Strong Performance image 29

Secondlive (DApp) — Led by Binance Labs, Secondlive is a Metaverse live-streaming platform on the BSC. The project is yet to launch its own token, with airdrop expectations. It is deployed on multiple chains. Recently, it announced its expansion into the Scroll ecosystem and introduced a Scroll Uniform NFT minting promotion. SecondLive is also deployed on Arbitrum. Early content providers of the project can earn $LIVE rewards. It is essential to stay updated on this project.

14.Gas Fee Consumption — ETH Chain

Bitget Research: BTC Demonstrates Low Volatility, XRP-related Concept Tokens Show Strong Performance image 30

PUNKS2023 (NFT) — This is the first series by Unfungible Labs, featuring 10,000 pixel art NFTs that match the original CryptoPunks series. Currently, there are 3322 holders, and the floor price is 0.02 ETH. https://opensea.io/collection/ul-punks2023

15.Gas Fee Consumption — BSC Chain

Bitget Research: BTC Demonstrates Low Volatility, XRP-related Concept Tokens Show Strong Performance image 31

XTMT (NFT) was described earlier in the report.

16.Gas Fee Consumption — Polygon Chain

Bitget Research: BTC Demonstrates Low Volatility, XRP-related Concept Tokens Show Strong Performance image 32

CoinTool: XEN Batch Minter (DApp) — XEN experienced a surge of over 35% in the past 24 hours. The relatively low gas prices on the Ethereum chain recently have resulted in lower costs for minting XEN, stimulating enthusiasm for batch minting of XEN on-chain.

17.Gas Fee Consumption — Arbitrum Chain

Bitget Research: BTC Demonstrates Low Volatility, XRP-related Concept Tokens Show Strong Performance image 33

Merkly (DApp, NFT) — Merkly is a multi-chain NFT cross-chain bridge that connects NFTs to various networks using LayerZero and zkSync. With the anticipation of airdrops on LayerZero and zkSync, Merkly has become a key component in the interaction between zk and Layer0, leading to high interaction data and a significant increase in minting activity for multi-chain NFTs.

18.Twitter Trends Token Top 20

Bitget Research: BTC Demonstrates Low Volatility, XRP-related Concept Tokens Show Strong Performance image 34

MOON (Token) — The native token of the Reddit r/CryptoCurrency community, Moons (MOON), has experienced a surge of over 400% in a single week. The spike in value is partly due to Reddit updating its terms of service, allowing for the trading of verified virtual goods and tokenized community points.

XRP (Token) — A few days ago, Ripple scored a victory in the U.S. District Court for the Southern District of New York. Judge Analisa Torres ruled in a case brought by the U.S. Securities and Exchange Commission, concluding that XRP is not a security. XRP experienced a significant surge in value, followed by a pullback. Yesterday, RippleX announced the 15 winners of the fifth round of XRPL grants, distributing over US$1.6 million in total. The price of XRP once again soared.

TON (Token) — Pavel Durov, the founder of Telegram, stated on his personal Telegram channel that Telegram’s monthly active users have exceeded 800 million, with over 2.5 million new registered users each day. He also mentioned that he holds some Bitcoin and Toncoin.

19.Google Trends — Global

Bitget Research: BTC Demonstrates Low Volatility, XRP-related Concept Tokens Show Strong Performance image 35

Bitget Research: BTC Demonstrates Low Volatility, XRP-related Concept Tokens Show Strong Performance image 36

ARKM (Token) — Binance listed ARKM at 8 PM last night, while Bitget listed the token an hour earlier. Before the official listing on CEX, the project started airdrop claiming, leading to on-chain liquidity. Overall, the token’s increase was not as high as expected, and users who borrowed BNB just managed to break even. However, the project possesses a certain scarcity and top-level premium positioning, making it an essential token to follow.

MOON (Token) — The native token of the Reddit r/CryptoCurrency community, Moons (MOON), has experienced a surge of over 400% in a single week. The spike in value is partly due to Reddit updating its terms of service, allowing for the trading of verified virtual goods and tokenized community points.

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

Bitget Research: BTC Demonstrates Low Volatility, XRP-related Concept Tokens Show Strong Performance image 37

Bitget Research: BTC Demonstrates Low Volatility, XRP-related Concept Tokens Show Strong Performance image 38

a) South Asia Region

India Trending Tokens and Keywords: ARKM, XEN, chat crypto ai

b) Southeast Asia Region

Malaysia Trending Tokens: LUNA, FTT

Thailand Trending Tokens: RON, TRX

Philippines Trending Tokens: ARKM, ETH

Indonesia Trending Tokens and Keywords: ARKM, staking crypto

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

No significant trending keyword was found

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

Bitget Research: BTC Demonstrates Low Volatility, XRP-related Concept Tokens Show Strong Performance image 39

Bitget Research: BTC Demonstrates Low Volatility, XRP-related Concept Tokens Show Strong Performance image 40

a) CIS Region

Trending Tokens: ARKM

b) English-speaking Countries

Canada Trending Tokens: ARKM, XRP, LCX

USA Trending Tokens: ARKM, VRA, EOS, XEN, MOON

Australia Trending Tokens: MATIC, ARKM, MOON, XRP

UK Trending Tokens: FLUX, SYN

c) Europe

Spain Trending Tokens: MOON, ARKM, TRON, ALU, REN

Germany Trending Tokens: MOON, QNT, ARKM; Trending Keywords: crypto voucher paypal

France Trending Tokens: SAND, UCO, CRO, SOL, BTC2.0

Switzerland Trending Tokens: XRP, MOON

Turkey Trending Tokens and Keywords: ARKM, crypto kemal twitter, crypto ramço twitter

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

Bitget Research: BTC Demonstrates Low Volatility, XRP-related Concept Tokens Show Strong Performance image 41

Bitget Research: BTC Demonstrates Low Volatility, XRP-related Concept Tokens Show Strong Performance image 42

a) Africa

Nigeria Trending Tokens: XRP, JUNO

South Africa Trending Keywords: valr, coingecko

b) Middle East

No significant trending keyword was found

c) Latin America

Brazil Trending Tokens: ARKM, LUNA

Argentina Trending Tokens: ARKM

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