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Bitget Research: Crypto Market 24-hour Liquidation Volume Hits Yearly High, Bloomberg Reports SEC Will Approve Ether-Futures ETFs Listing
Bitget Research
2023/08/18
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:
FRAM (Token) - Recently, the FRAM token consistently ranks first in on- XCNUSDT">
chain trading volume. One distinctive aspect of this BRC-20 token project is that 98% of the tokens are controlled by the top 9 addresses, with two of them exhibiting obvious wash trading behavior. The current number of holders is 1476, with no significant changes.
FINN (Token) - A
memecoin themed around dogs with a 24-hour trading volume of US$2.15 million and 5832 transactions. It has a buy-sell tax rate of 1% and the contract has been renounced. The price has seen a significant surge, increasing by 1196% in the past 24 hours, making it an essential token to keep an eye on.
RLB (Token) - Rollbit Coin, a token associated with gambling, utilizes NFTs as infrastructure for a
cryptocurrency trading channel with 1000x leverage. The token's performance is promising; out of RLB's 5 billion tokens, 1.7 billion have been repurchased and burned. In the future, 10% of gambling income, 20% of lottery income, and 30% of contract income will be used for repurchasing and burning. The token has continued to rise by 6.9% today. Tokens related to the "Zhu Su" concept performed well today, showing an upward trend against the market.
RWT (Token) - RevaLink Wallet Token, rumored to be associated with a financial pyramid scheme promoted by hopingclub. It has on-chain liquidity of US$18.76 million and a 24-hour trading volume of US$36.87 million. The token price has experienced a continuous sharp decline after an initial rapid increase. There are 582,000 token holders on-chain, but the chips are overly concentrated, with the top 6 addresses holding 99% of the tokens. The risk is extremely high and participation is not recommended.
SEI (Token) - The launch of SEI's airdrop plan resulted in a good level of community discussion. Users who have completed cross-chain transfers can claim their SEI rewards on the designated official website. The airdrop has attracted a high level of interest from users. Each participating user's share isn't substantial, but the selling pressure and the market downturn have caused the SEI token to reach its peak and then retrace. Its curren t price is US$0.169.
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.
USDC (Token) - Stablecoin liquidity is steadily leaving the cryptocurrency trading market. In the past month, the market cap decreased from US$26.9 billion to US$26.3 billion. On August 16th, according to Lookonchain, an address starting with 0x74c and labeled as "Fund" deposited a total of 60 million USDC to Circle in the past 7 days. Out of this, 47.4 million USDC was withdrawn from Binance.
HMX (Token) - HMX is the next-generation decentralized perpetual exchange, offering cross-margin and multi-asset collateral support on Arbitrum. HMX is the native token of the project, with a 24-hour trading volume of $1.33 million, involving 799 transactions, and an on-chain trading pool of $2.25 million. The project has fundamental support and is worth continuous attention.
BUSD (Token) - Since coming under regulation, Binance has progressively delisted numerous BUSD
spot trading pairs, perpetual contracts, and leverages. Just in August, dozens of BUSD spot trading pairs were delisted. The market cap of BUSD has also plummeted from US$23 billion to a mere US$3.3 billion, a decline of 85%.
2.Popular NFTs:
Base Guardians (NFT) - "Base Guardians: Dawn of Defenders" NFT series. It has not started trading yet and has average popularity. It is not recommended to pay special attention.
Base Builder (NFT) - Coinbase's Ethereum Layer 2 network, Base, has introduced Base Builder Quest for smart contract developers. It enables developers to deploy smart contracts on Base to complete tasks and become early Base builders.
3.Popular DApps:
Starknet (DApp) - Recently, Starknet has experienced significant asset outflows. Within three days, its TVL decreased by 100 million, dropping from US$204 million on August 15th to US$108 million on August 17th.
BananaGun (DApp) - An Ethereum and Telegram sniper bot that has been mentioned by various early degens recently. It has assisted users in sniping the first block of tokens before they go live, allowing them to earn early profits. On August 16, the project released its own NFT. The project has not issued a token yet, making it important to keep a close watch on this DApp.
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 earlier established a US$10 million Global Educators Fund, gaining considerable interest in the community.
IMVU (DApp) - IMVU, a long-standing virtual world with a 19-year history rooted in Web2, is diving deeper into the Web3 realm with the assistance of Metajuice. Prior to the launch of VCOIN, the U.S. Securities and Exchange Commission (SEC) issued a "no-action letter", effectively granting IMVU permission to offer $VCOIN to its users. This represents one of the earliest regulatory attempts for cryptocurrencies within the metaverse.
Phi (DApp) - Philand is a social task platform based on ENS and on-chain/off-chain wallet activities, aiming to visualize on-chain identities. In mid-July, it collaborated with Gitcoin, where it also introduced new stamps, and on August 16th, it announced the launch of Ethereum Quests, which attracted some user attention.
Stargate (DApp) - Stargate is a liquidity transfer protocol and the core project of the LayerZero ecosystem. Currently, the number of unique addresses staking its STG token has reached 1.1 million, with over 40 million STG tokens being staked.
Wormhole (DApp) - The cross-chain protocol Wormhole announced the launch of an application chain cross-chain bridge within the Cosmos ecosystem last month. Yesterday, the SEI airdrop was made available for claiming, and users utilizing Wormhole for cross-chain rewards led to an increase in its UAW.
Mobox (DApp) - Mobox is a cross-chain metaverse gaming platform. Following the launch of MoDragon on Arbitrum, the platform's traffic has received a new boost. There have been no special promotional activities recently.
Pixels (DApp) - Pixels is a P2E
blockchain and an interoperable metaverse farming simulation game where players can earn as they engage in gameplay. The game raised US$2.4 million last year, led by Animoca Brands and PKO Investments, with participation from others like OpenSea. The recent news that the game will introduce its own $PIXEL token has further fueled its activity.
Aave (DApp) - With significant market fluctuations yesterday, users adjusting their positions caused a temporary increase in UAW.
MetaMask (DApp) - Cryptocurrency wallet MetaMask has partnered with the fintech company Banxa to introduce a new feature. Now, MetaMask users can utilize Apple Pay's "one-click purchase" to buy multiple cryptocurrencies, including ETH. According to data shared by CoinGecko, MetaMask has been downloaded over 22.66 million times to date, making it the most popular wallet.
QuickSwap (DApp) - As the leading DEX on the Polygon network, QuickSwap currently has a TVL of US$96 million, slightly higher than the second-ranked Uniswap with a TVL of US$20 million. This year, in collaboration with Gamma and DWF Labs, QuickSwap initiated on-chain market-making and also launched Quick Perpetual. However, the overall performance is average, limited by the development of the Polygon ecosystem.
Stargate (DApp) - Stargate has been actively integrating with various networks such as Base, Polygon zkEVM, and zkSync Era, enabling users on the Arbitrum network to perform cross-chain transactions across multiple chains supported by Stargate. The gas burning associated with STG transactions is among the top in the Arbitrum ecosystem.
Friendtech (DApp) - Friend.Tech is one of the most popular applications on Base. As a SocialFi sector DApp, it tokenizes individuals by enabling users to buy and sell "shares" of people. The value of these "shares" fluctuates based on supply and demand. Buying someone’s "shares" grants owners the ability to exchange private messages with them. Essentially, it's a bet on the individual's influence.
4.Twitter Hot Topics:
Unibot (DApp) - Unibot has announced the launch of Unibot X, a unified trading terminal that surpasses the boundaries of the current Telegram product. It decouples the Web application from Telegram, enabling independent access and integrating all functionalities into Unibot X and expanding them. Influenced by this development, the UNIBOT token hit a new high yesterday followed by a pullback with the broader market over the past two days. Nevertheless, the price remains at a high level, showing strong performance, with a tota l trading volume of US$11.49 million in the last 24 hours.
5.Regional Trending Searches:
Crypto crash (Event) - As reported by the Wall Street Journal, SpaceX has sold US$373 million worth of Bitcoin acquired between 2021-2022. The market witnessed a sharp plummet last night, with major cryptocurrencies dropping over 10%. Liquidations over 24 hours across the entire
crypto market exceeded US$1 billion, closely following the March 19th and May 19th crashes. This surpasses the US$300 million liquidation during the Silicon Valley bank crisis and even exceeds the US$800 million during the FTX crash, leading to intensified liquidity challenges in the market. Analysts believe the crash is tied to the emotional impact of Musk's
Bitcoin sell-off and the potential bad debts affecting Tether due to Evergrande's bankruptcy.
Evergrande (Event) - Evergrande (China Evergrande Group) applied for bankruptcy protection in New York on the 17th. This move aims to ensure that the group's U.S. assets remain untouched during the debt restructuring process. China Evergrande first defaulted on its debt in 2021. The group's stocks, listed in Hong Kong, have been suspended since late March 2022. According to the balance sheet, as of December 31, 2022, the group's total liabilities exceeded 2.43 trillion yuan. Previously, there were rumors that Tether held a minimal amount of Evergrande bonds.
Main Body
Written by: Bitget Research
Data collection time: August 18, 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
FRAM (Token) - Recently, the FRAM token consistently ranks first in on-chain trading volume. One distinctive aspect of this BRC-20 token project is that 98% of the tokens are controlled by the top 9 addresses, with two of them exhibiting obvious wash trading behavior. The current number of holders is 1476, with no significant changes.
2.Blockchain Profile - ETH Chain
2.1 User Profile
2.1.1 Core Data
Total active users of ETH: 392,961
New active users of ETH: 77,573, with a daily increase of 10.48%
Existing active users of ETH: 315,388, with a daily increase of 1.32%
2.1.2 New User Profile
Core data: There were a total of 77,573 new active users on ETH yesterday, with a daily increase of 10.48%
Popular Sectors
Popular Projects
Key Projects:
Starknet (DApp) - Recently, Starknet has experienced significant asset outflows. Within three days, its TVL decreased by 100 million, dropping from US$204 million on August 15th to US$108 million on August 17th.
2.1.3 Existing User Profile
Core data: The number of ETH active existing users is 315,388, with a daily increase of 1.32%
Popular Sectors
Popular Projects
Key Projects:
BananaGun (DApp) - An Ethereum and Telegram sniper bot that has been mentioned by various early degens recently. It has assisted users in sniping the first block of tokens before they go live, allowing them to earn early profits. On August 16, the project released its own NFT. The project has not issued a token yet, making it important to keep a close watch on this DApp.
2.2 Popular Trading Pairs
2.2.1 Uniswap V2
FINN (Token) - A memecoin themed around dogs with a 24-hour trading volume of US$2.15 million and 5832 transactions. It has a buy-sell tax rate of 1% and the contract has been renounced. The price has seen a significant surge, increasing by 1196% in the past 24 hours, making it an essential token to keep an eye on.
2.2.2 Uniswap V3
RLB (Token) - Rollbit Coin, a token associated with gambling, utilizes NFTs as infrastructure for a cryptocurrency trading channel with 1000x leverage. The token's performance is promising; out of RLB's 5 billion tokens, 1.7 billion have been repurchased and burned. In the future, 10% of gambling income, 20% of lottery income, and 30% of contract income will be used for repurchasing and burning. The token has continued to rise by 6.9% today. Tokens related to the "Zhu Su" concept performed well today, showing an upward trend against the market.
3.Blockchain Profile - BSC Chain
3.1 User Profile
3.1.1 Core Data
Total active users on BSC: 1,148,528
New active users on BSC: 178,091, with a daily decrease of 24.58%
Existing active users on BSC: 970,437, with a daily decrease of 1.82%
3.1.2 New User Profile
Core data: There were a total of 178,091 new active users on BSC yesterday, with a daily decrease of 24.58%
Popular Sectors
Popular Projects
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 earlier 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 970,437, with a daily decrease of 1.82%
Popular Sectors
Popular Projects
Key Projects:
RWT (Token) - RevaLink Wallet Token, rumored to be associated with a financial pyramid scheme promoted by hopingclub. It has on-chain liquidity of US$18.76 million and a 24-hour trading volume of US$36.87 million. The token price has experienced a continuous sharp decline after an initial rapid increase. There are 582,000 token holders on-chain, but the chips are overly concentrated, with the top 6 addresses holding 99% of the tokens. The risk is extremely high and participation is not recommended.
3.2 Popular Trading Pairs
3.2.1 PancakeSwap V2
SEI (Token) - The launch of SEI's airdrop plan resulted in a good level of community discussion. Users who have completed cross-chain transfers can claim their SEI rewards on the designated official website. The airdrop has attracted a high level of interest from users. Each participating user's share isn't substantial, but the selling pressure and the market downturn have caused the SEI token to reach its peak and then retrace. Its current price is US$0.169.
4.Blockchain Profile - Polygon Chain
4.1 User Profile
4.1.1 Core Data
Total active users on Polygon: 405,681
New active users on Polygon: 83,302, with a daily decrease of 8.37%
Existing active users on Polygon: 322,379, with a daily increase of 2.34%
4.1.2 New User Profile
Core data: There were a total of 83,302 new active users on Polygon yesterday, with a daily decrease of 8.37%
Popular Sectors
Popular Projects
Key Projects:
IMVU (DApp) - IMVU, a long-standing virtual world with a 19-year history rooted in Web2, is diving deeper into the Web3 realm with the assistance of Metajuice. Prior to the launch of VCOIN, the U.S. Securities and Exchange Commission (SEC) issued a "no-action letter", effectively granting IMVU permission to offer $VCOIN to its users. This represents one of the earliest regulatory attempts for cryptocurrencies within the metaverse.
4.1.3 Existing User Profile
Core Data: The number of Polygon active existing users is 322,379, with a daily increase of 2.34%
Popular Sectors
Popular Projects
Key Projects:
Phi (DApp) - Philand is a social task platform based on ENS and on-chain/off-chain wallet activities, aiming to visualize on-chain identities. In mid-July, it collaborated with Gitcoin, where it also introduced new stamps, and on August 16th, it announced the launch of Ethereum Quests, which attracted some user attention.
4.2 Popular Trading Pairs
4.2.1 Uniswap V3
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: 140,471
Arbitrum New Active Users: 21,598, with a daily decrease of 16.87%
Arbitrum Existing Active Users: 118,873, with a daily decrease of 3.64%
5.1.2 New User Profile
Core data: There were a total of 21,598 new active users on Arbitrum yesterday, with a daily decrease of 16.87%
Popular Sectors
Popular Projects
Key Projects:
Stargate (DApp) - Stargate is a liquidity transfer protocol and the core project of the LayerZero ecosystem. Currently, the number of unique addresses staking its STG token has reached 1.1 million, with over 40 million STG tokens being staked.
5.1.3 Existing User Profile
Core data: The number of Arbitrum active existing users is 118,873, with a daily decrease of 3.64%
Popular Sectors
Popular Projects
Key Projects:
USDC (Token) - Stablecoin liquidity is steadily leaving the cryptocurrency trading market. In the past month, the market cap decreased from US$26.9 billion to US$26.3 billion. On August 16th, according to Lookonchain, an address starting with 0x74c and labeled as "Fund" deposited a total of 60 million USDC to Circle in the past 7 days. Out of this, 47.4 million USDC was withdrawn from Binance.
5.2 Popular Trading Pairs
5.2.1 Uniswap V3
HMX (Token) - HMX is the next-generation decentralized perpetual exchange, offering cross-margin and multi-asset collateral support on Arbitrum. HMX is the native token of the project, with a 24-hour trading volume of $1.33 million, involving 799 transactions, and an on-chain trading pool of $2.25 million. The project has fundamental support and is worth continuous attention.
6.Blockchain Profile - Base Chain
6.1 User Profile
6.1.1 Core Data
Base Active Users: 81,891
Base New Active Users: 20,523, with a daily increase of 0.42%
Base Existing Active Users: 61,368, with a daily decrease of 3.09%
6.1.2 New User Profile
Core data: There were a total of 20,523 new active users on Base yesterday, with a daily increase of 0.42%
Popular Sectors
Popular Projects
Key Projects:
Base Guardians (NFT) - "Base Guardians: Dawn of Defenders" NFT series. It has not started trading yet and has average popularity. It is not recommended to pay special attention.
6.1.3 Existing User Profile
Core data: The number of Base active existing users is 61,368, with a daily decrease of 3.09%
Popular Sectors
Popular Projects
Key Projects:
Base Builder (NFT) - Coinbase's Ethereum Layer 2 network, Base, has introduced Base Builder Quest for smart contract developers. It enables developers to deploy smart contracts on Base to complete tasks and become early Base builders.
7. DApp Ecosystem - All Chains
The UAW fluctuations for all projects are within the normal range.
8.DApp Ecosystem - ETH Chain
Wormhole (DApp) - The cross-chain protocol Wormhole announced the launch of an application chain cross-chain bridge within the Cosmos ecosystem last month. Yesterday, the SEI airdrop was made available for claiming, and users utilizing Wormhole for cross-chain rewards led to an increase in its UAW.
9.DApp Ecosystem - BSC Chain
Mobox (DApp) - Mobox is a cross-chain metaverse gaming platform. Following the launch of MoDragon on Arbitrum, the platform's traffic has received a new boost. There have been no special promotional activities recently.
10.DApp Ecosystem - Polygon Chain
Pixels (DApp) - Pixels is a P2E blockchain and an interoperable metaverse farming simulation game where players can earn as they engage in gameplay. The game raised US$2.4 million last year, led by Animoca Brands and PKO Investments, with participation from others like OpenSea. The recent news that the game will introduce its own $PIXEL token has further fueled its activity.
11.DApp Ecosystem - WAX Chain
The UAW fluctuations for all projects are within the normal range.
12.DApp Ecosystem - Solana Chain
Divvy.bet's base number is too small, and the actual UAW fluctuation is not significant. The UAW fluctuation of other projects is within the normal range.
13.DApp Ecosystem - Arbitrum Chain
Aave (DApp) - With significant market fluctuations yesterday, users adjusting their positions caused a temporary increase in UAW.
14.DApp Ecosystem - GameFi Sector Across All Chains
Mobox was described earlier in the report. The UAW fluctuations of other projects are within the normal range.
15.Gas Fee Consumption - ETH Chain
MetaMask (DApp) - Cryptocurrency wallet MetaMask has partnered with the fintech company Banxa to introduce a new feature. Now, MetaMask users can utilize Apple Pay's "one-click purchase" to buy multiple cryptocurrencies, including ETH. According to data shared by CoinGecko, MetaMask has been downloaded over 22.66 million times to date, making it the most popular wallet.
16.Gas Fee Consumption - BSC Chain
BUSD (Token) - Since coming under regulation, Binance has progressively delisted numerous BUSD spot trading pairs, perpetual contracts, and leverages. Just in August, dozens of BUSD spot trading pairs were delisted. The market cap of BUSD has also plummeted from US$23 billion to a mere US$3.3 billion, a decline of 85%.
17.Gas Fee Consumption - Polygon Chain
QuickSwap (DApp) - As the leading DEX on the Polygon network, QuickSwap currently has a TVL of US$96 million, slightly higher than the second-ranked Uniswap with a TVL of US$20 million. This year, in collaboration with Gamma and DWF Labs, QuickSwap initiated on-chain market-making and also launched Quick Perpetual. However, the overall performance is average, limited by the development of the Polygon ecosystem.
18.Gas Fee Consumption - Arbitrum Chain
Stargate (DApp) - Stargate has been actively integrating with various networks such as Base, Polygon zkEVM, and zkSync Era, enabling users on the Arbitrum network to perform cross-chain transactions across multiple chains supported by Stargate. The gas burning associated with STG transactions is among the top in the Arbitrum ecosystem.
19.Gas Fee Consumption - Base Chain
Friendtech (DApp) - Friend.Tech is one of the most popular applications on Base. As a SocialFi sector DApp, it tokenizes individuals by enabling users to buy and sell "shares" of people. The value of these "shares" fluctuates based on supply and demand. Buying someone’s "shares" grants owners the ability to exchange private messages with them. Essentially, it's a bet on the individual's influence.
20.Twitter Trends Token Top Rank
Unibot (DApp) - Unibot has announced the launch of Unibot X, a unified trading terminal that surpasses the boundaries of the current Telegram product. It decouples the Web application from Telegram, enabling independent access and integrating all functionalities into Unibot X and expanding them. Influenced by this development, the UNIBOT token hit a new high yesterday followed by a pullback with the broader market over the past two days. Nevertheless, the price remains at a high level, showing strong performance, with a total trading volume of US$11.49 million in the last 24 hours.
21.Google Trends - Global
Crypto crash (Event) - As reported by the Wall Street Journal, SpaceX has sold US$373 million worth of Bitcoin acquired between 2021-2022. The market witnessed a sharp plummet last night, with major cryptocurrencies dropping over 10%. Liquidations over 24 hours across the entire crypto market exceeded US$1 billion, closely following the March 19th and May 19th crashes. This surpasses the US$300 million liquidation during the Silicon Valley bank crisis and even exceeds the US$800 million during the FTX crash, leading to intensified liquidity challenges in the market. Analysts believe the crash is tied to the emotional impact of Musk's Bitcoin sell-off and the potential bad debts affecting Tether due to Evergrande's bankruptcy.
Evergrande (Event) - Evergrande (China Evergrande Group) applied for bankruptcy protection in New York on the 17th. This move aims to ensure that the group's U.S. assets remain untouched during the debt restructuring process. China Evergrande first defaulted on its debt in 2021. The group's stocks, listed in Hong Kong, have been suspended since late March 2022. According to the balance sheet, as of December 31, 2022, the group's total liabilities exceeded 2.43 trillion yuan. Previously, there were rumors that Tether held a minimal amount of Evergrande bonds.
22.Google Trends Surge - East Asia, South Asia, Southeast Asia, Hong Kong, Macau, and Taiwan
a) South Asia Region
India Trending Tokens: Shibarium, PI, XXBT
Pakistan Trending Tokens and Keywords: Crypto crash, news, BTC
b) Southeast Asia Region
Philippines Trending Keywords and Tokens: halving, Faucet Crypto, why crypto is down today, Polygon, GALA
Indonesia Trending Tokens: BTC, Shibarium, NEO
Singapore Trending Tokens and Keywords: BTC,
crypto news, why crypto is down
Malaysia Trending Keywords: Coinbase, Crypto Bubble, why crypto market is down
c) East Asia and Hong Kong, Macau, and Taiwan
Trending Keywords: Crypto news
23.Google Trends Surge - English-speaking Countries, Europe, CIS Region
a) CIS Region
Trending Keywords and Tokens: Metamask, Crypto Bubbles, Arkham, Airdrop
b) English-speaking Countries
Canada Trending Tokens: XRP, BTC, XLM
USA Trending Keywords: why is crypto down today, Blockfi, Evergrand
Australia Trending Tokens: SHIB, BRA, XRP
UK Trending Keywords: Evergrand, Coinskid
c) Europe
Spain Trending Tokens: BTC, DOGE, DOT
Germany Trending Tokens: XRP20, BTC, ETH, LTC
France Trending Tokens: XEN, BFM
Turkey Trending Keywords: Free ETH, Fire Faucet, Coinmarketcap
24.Google Trends Surge - Middle East, Latin America, Africa
a) Africa
Nigeria Trending Keywords: why is crypto crashing, DCA Crypto, crypto news
South Africa Trending Tokens: XRP, BTC
b) Middle East
Trending Keywords: Crypto news, BTC
c) Latin America
Brazil Trending Tokens: FLOKI, AVAX, ETC
Argentina Trending Tokens: MATIC, XRP, BTC, DAI
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
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