Bitget Research: Sora Reignites AI Frenzy, ETH Surges to New Yearly High

In the past 24 hours, many new popular tokens and topics have emerged in the market, and perhaps they will be the next focus of the market.

In Summary:

1.Popular Tokens:

ROUP (Token) - A Bitcoin Layer 2 solution for BRC-20 asset cross-chain operations. ROUP is a community token that shares the platform's profits. The product has already launched, enabling cross-chain transactions for assets on the BTC network and MAP protocol, with fundamental support. The token's 24-hour trading volume is nearly $700,000, and its price trend has been relatively stable, making it worthy of ongoing attention.

Blur (Token) - Starknet is set to open airdrop claims, with market funds returning to the Ethereum ecosystem. Blur is the token of the leading NFT marketplace within the Ethereum ecosystem. It recently broke through the $0.8 mark, with a 24-hour increase of 12%. The token is gaining popularity and is worth keeping an eye on.

SORA (Token) - Arkham data reveals that OpenAI released an AI product yesterday capable of converting text to video, named Sora. Influenced by this news, a memecoin with the same name was launched on the Ethereum mainnet, with a current trading volume of $11.29 million and over 5300 holders. The contract includes a risk of anti-whale measures, but it has been renounced. The token is gaining attention and is worth keeping an eye on.

HGP (Token) - An ERC-404A liquidity layer DeFi project, HGP conducted an NFT IDO for its community on February 18. The project token, which is in ERC-404 format, briefly surged to $8000 after launch but has since fallen to around $2800. The project is community-based, and its token saw a 24-hour on-chain trading volume of $2.4 million. Given the associated contract risks and the fact that the contract has not been renounced, it is advisable to keep monitoring this project.

NMT (Token) - NetMind AI's project token. NetMind Power provides a decentralized solution to meet the growing demand for GPUs in AI training. This platform is a scalable, accessible, and democratic alternative to the centralized GPU leasing model led by major tech companies. The NMT token has a maximum supply of 10 billion. It plays multiple roles on the NetMind Power platform, acting as a medium for renting GPU services, rewarding GPU contributors, offering staking rewards, and implementing DAO proposals.

Metal (Token) - Issued by a team named Badmad Robots, this team-based shooter game is free to play and has a solid community base. The token has shown promising performance recently, rising from $0.006 to $0.023 within a week. With a positive trend and a strong user base, this project is worth keeping an eye on.

2.Popular NFTs:

Pudgy Penguins (NFT) - The NFT lending protocol Arcade announced an airdrop of ARCD tokens. Holders of selected NFT collections (Pudgy Penguins, Lil Pudgys, Sappy Seals, Bitcoin Puppets, NodeMonkes, Runecoin, Mad Lads, Tensor) have the opportunity to share 3 million ARCD tokens, which represents 3% of the total ARCD supply. As a result, the floor price of Pudgy Penguins has risen to 20.6 ETH, showing a significant recent increase.

Matr1x Pioneer Badge (NFT) - An NFT series issued by the Web3 entertainment platform MATR1X to celebrate the launch of the MAX Score promotion. Available for trading on OpenSea, the series features 204,600 NFTs, with a unique address number of 203,200. The trading activity for the project is relatively low, but it remains worth monitoring.

Layer3 CUBE (NFT) - Layer3 CUBE (Credentials to Unify Blockchain Events) is a multi-chain certification standard that authenticates digital experiences across DeFi, NFTs, gaming, and social domains. Designed for a wide range of applications, CUBE enables seamless integration and data analytics in the evolving crypto landscape.

3.Popular DApps:

zkSync (DApp) - According to L2BEAT data, the TVL in zkSync Era has rebounded to $617 million, with a 22.47% increase over the past seven days. Following Starknet’s token launch, many investors have renewed their interest in zkSync. It is currently unclear if a snapshot has been taken, but this activity indicates high market expectations for the zkSync’s token launch.

QnA3 (DApp) - A Web3 knowledge-sharing platform based on AI, QnA3.AI has garnered widespread attention on the BNB Chain. The project has initiated a data mining mode, where users can join and use idle computing resources on their devices for tasks like data cleaning and scraping. Contributors of computing power are rewarded with points. It recently announced an upcoming TGE, with the points earned by users to be converted into tokens, and more details to be revealed in the coming weeks.

PlaybuxQuest (DApp) - Playbux is a project that combines e-commerce with a metaverse platform. It offers a store and profit system that allows users to shop from global merchants and earn cashback rewards. The platform aims to integrate existing exchanges, lending platforms, and NFTs so customers can access all services in one place. By leveraging mobile accessibility, Playbux positions itself as the most accessible metaverse where users can earn Playbux tokens by receiving cashback on any purchase.

SmartCat (DApp) - An NFT project launched by Smart Layer, which has very high on-chain popularity. Users can interact with SmartCat NFTs by feeding and cleaning them, and the level of interaction is notably high. The market holds strong expectations for an airdrop from SmartLayer.

Rhinofi (DApp) - Since its launch in 2020, StarkEx has processed over 265 million transactions and minted more than 80 million NFTs. Applications or solutions powered by StarkEx include Immutable, Sorare, dYdX, Rhinofi, and Myria. Rhinofi users can claim the STRK token airdrop, with a reminder for those who have used the service to ensure they claim their rewards.

SushiSwap (DApp) - SushiSwap plans to launch Susa, a perpetual DEX based on Layer N. Susa will utilize Layer N's Nord engine, enabling the exchange to process over 100,000 transactions per second with a latency of less than 1 millisecond. By building on Layer N, Susa will leverage the StateNet architecture, allowing developers to build custom applications atop the exchange. Susa aims to be among the first exchanges to launch on Layer N's StateNet as a Rollup node, initially offering perpetual contracts, with plans to expand into spot and exotic markets.

NFPrompt (DApp) - NFPrompt (NFP) is an AI-driven platform for user-generated content, focusing on Web3 creators. It is one of the projects incubated in the sixth season of Binance Labs and was launched in June this year. The platform enables users to generate various types of content using AI tools (AI-generated content, AIGC). It also provides a marketplace for trading AIGC works and their associated command words (Prompt). With the recent surge in AI sector’s popularity, the project's token has shown a strong upward trend, rising 60% within a week.

Galxe (DApp) - A significant on-chain task platform, Galxe supports a variety of data sources, including both on-chain and off-chain. For on-chain credentials, curators can contribute through subgraph queries or static snapshots. For off-chain credentials, Project Galaxy has integrated with platforms like Snapshot.org, Twitter, and Github. This support for diverse data sources enables Project Galaxy to more broadly collect and utilize data. The Galxe token has recently seen a positive trend, increasing from approximately $2 to its current price of $3.4.

4.Twitter Hot Topics:

There is no data for this segment today due to anomalies in the data source.

5.Regional Trending Searches:

Worldcoin (Token) - Worldcoin is a crypto enterprise invested in by Sam Altman, co-founder of OpenAI. Influenced by the recent release of OpenAI's Sora product, the funds in the cryptocurrency sector have increasingly focused on the AI sector, leading to a continuous rise in Worldcoin's price.

Main Body

Written by: Bitget Research

Data collection time: February 19, 10:30 AM

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)

5) In this report, the term "Entity" refers to both Contract Account (CA) and Ethereum Original Account (EOA), and is not a result of the aggregation of actual entity addresses.

1.BTC Profile - BRC-20

ROUP (Token) - A Bitcoin Layer 2 solution for BRC-20 asset cross-chain operations. ROUP is a community token that shares the platform's profits. The product has already launched, enabling cross-chain transactions for assets on the BTC network and MAP protocol, with fundamental support. The token's 24-hour trading volume is nearly $700,000, and its price trend has been relatively stable, making it worthy of ongoing attention.

2.Blockchain Profile - ETH Chain

2.1 User Profile

2.1.1 Core Data

Total active users on ETH: 440,703

New active users on ETH: 89,467, with a daily increase of 1.89%

Existing active users on ETH: 351,236, with a daily increase of 0.36%

2.1.2 New User Profile

Core data: There were a total of 89,467 new active users on ETH yesterday, with a daily increase of 1.89%

Popular Sectors

Popular Projects

Key Projects:

zkSync (DApp) - According to L2BEAT data, the TVL in zkSync Era has rebounded to $617 million, with a 22.47% increase over the past seven days. Following Starknet’s token launch, many investors have renewed their interest in zkSync. It is currently unclear if a snapshot has been taken, but this activity indicates high market expectations for the zkSync’s token launch.

2.1.3 Existing User Profile

Core data: The number of ETH active existing users is 351,236, with a daily increase of 0.36%

Popular Sectors

Popular Projects

Key Projects:

Blur (Token) - Starknet is set to open airdrop claims, with market funds returning to the Ethereum ecosystem. Blur is the token of the leading NFT marketplace within the Ethereum ecosystem. It recently broke through the $0.8 mark, with a 24-hour increase of 12%. The token is gaining popularity and is worth keeping an eye on.

2.2 Popular Trading Pairs

2.2.1 Uniswap V2

SORA (Token) - Arkham data reveals that OpenAI released an AI product yesterday capable of converting text to video, named Sora. Influenced by this news, a memecoin with the same name was launched on the Ethereum mainnet, with a current trading volume of $11.29 million and over 5300 holders. The contract includes a risk of anti-whale measures, but it has been renounced. The token is gaining attention and is worth keeping an eye on.

2.2.2 Uniswap V3

HGP (Token) - An ERC-404A liquidity layer DeFi project, HGP conducted an NFT IDO for its community on February 18. The project token, which is in ERC-404 format, briefly surged to $8000 after launch but has since fallen to around $2800. The project is community-based, and its token saw a 24-hour on-chain trading volume of $2.4 million. Given the associated contract risks and the fact that the contract has not been renounced, it is advisable to keep monitoring this project.

2.3 Popular NFTs

2.3.1 Top NFT Collections

Pudgy Penguins (NFT) - The NFT lending protocol Arcade announced an airdrop of ARCD tokens. Holders of selected NFT collections (Pudgy Penguins, Lil Pudgys, Sappy Seals, Bitcoin Puppets, NodeMonkes, Runecoin, Mad Lads, Tensor) have the opportunity to share 3 million ARCD tokens, which represents 3% of the total ARCD supply. As a result, the floor price of Pudgy Penguins has risen to 20.6 ETH, showing a significant recent increase.

3.Blockchain Profile - BSC

3.1 User Profile

3.1.1 Core Data

Total active users on BSC: 1,334,962

New active users on BSC: 185,397, with a daily decrease of 2.48%

Existing active users on BSC: 1,149,565, with a daily decrease of 1.56%

3.1.2 New User Profile

Core data: There were a total of 185,397 new active users on BSC yesterday, with a daily decrease of 2.48%

Popular Sectors

Popular Projects

Key Projects:

QnA3 (DApp) - A Web3 knowledge-sharing platform based on AI, QnA3.AI has garnered widespread attention on the BNB Chain. The project has initiated a data mining mode, where users can join and use idle computing resources on their devices for tasks like data cleaning and scraping. Contributors of computing power are rewarded with points. It recently announced an upcoming TGE, with the points earned by users to be converted into tokens, and more details to be revealed in the coming weeks.

3.1.3 Existing User Profile

Core data: The number of BSC active existing users is 1,149,565, with a daily decrease of 1.56%

Popular Sectors

Popular Projects

Key Projects:

PlaybuxQuest (DApp) - Playbux is a project that combines e-commerce with a metaverse platform. It offers a store and profit system that allows users to shop from global merchants and earn cashback rewards. The platform aims to integrate existing exchanges, lending platforms, and NFTs so customers can access all services in one place. By leveraging mobile accessibility, Playbux positions itself as the most accessible metaverse where users can earn Playbux tokens by receiving cashback on any purchase.

3.2 Popular Trading Pairs

3.2.1 PancakeSwap V2

NMT (Token) - NetMind AI's project token. NetMind Power provides a decentralized solution to meet the growing demand for GPUs in AI training. This platform is a scalable, accessible, and democratic alternative to the centralized GPU leasing model led by major tech companies. The NMT token has a maximum supply of 10 billion. It plays multiple roles on the NetMind Power platform, acting as a medium for renting GPU services, rewarding GPU contributors, offering staking rewards, and implementing DAO proposals.

4.Blockchain Profile - Polygon Chain

4.1 User Profile

4.1.1 Core Data

Total active users on Polygon: 880,966

New active users on Polygon: 135,771, with a daily decrease of 3.94%

Existing active users on Polygon: 745,195, with a daily increase of 3.51%

4.1.2 New User Profile

Core data: There were a total of 135,771 new active users on Polygon yesterday, with a daily decrease of 3.94%

Popular Sectors

Popular Projects

Key Projects:

Matr1x Pioneer Badge (NFT) - An NFT series issued by the Web3 entertainment platform MATR1X to celebrate the launch of the MAX Score promotion. Available for trading on OpenSea, the series features 204,600 NFTs, with a unique address number of 203,200. The trading activity for the project is relatively low, but it remains worth monitoring.

4.1.3 Existing User Profile

Core Data: The number of Polygon active existing users is 745,195, with a daily increase of 3.51%

Popular Sectors

Popular Projects

Key Projects:

SmartCat (DApp) - An NFT project launched by Smart Layer, which has very high on-chain popularity. Users can interact with SmartCat NFTs by feeding and cleaning them, and the level of interaction is notably high. The market holds strong expectations for an airdrop from SmartLayer.

4.2 Popular Trading Pairs

4.2.1 Uniswap V3

Metal (Token) - Issued by a team named Badmad Robots, this team-based shooter game is free to play and has a solid community base. The token has shown promising performance recently, rising from $0.006 to $0.023 within a week. With a positive trend and a strong user base, this project is worth keeping an eye on.

5.Blockchain Profile - Arbitrum Chain

5.1 User Profile

5.1.1 Core Data

Total Active Users on Arbitrum: 186,694

New Active Users on Arbitrum: 29,080, with a daily decrease of 8.72%

Existing Active Users on Arbitrum: 157,614, with a daily increase of 3.46%

5.1.2 New User Profile

Core data: There were a total of 29,080 new active users on Arbitrum yesterday, with a daily decrease of 8.72%

Popular Sectors

Popular Projects

Key Projects:

Rhinofi (DApp) - Since its launch in 2020, StarkEx has processed over 265 million transactions and minted more than 80 million NFTs. Applications or solutions powered by StarkEx include Immutable, Sorare, dYdX, Rhinofi, and Myria. Rhinofi users can claim the STRK token airdrop, with a reminder for those who have used the service to ensure they claim their rewards.

5.1.3 Existing User Profile

Core data: The number of Arbitrum active existing users is 157,614, with a daily increase of 3.46%

Popular Sectors

Popular Projects

Key Projects:

SushiSwap (DApp) - SushiSwap plans to launch Susa, a perpetual DEX based on Layer N. Susa will utilize Layer N's Nord engine, enabling the exchange to process over 100,000 transactions per second with a latency of less than 1 millisecond. By building on Layer N, Susa will leverage the StateNet architecture, allowing developers to build custom applications atop the exchange. Susa aims to be among the first exchanges to launch on Layer N's StateNet as a Rollup node, initially offering perpetual contracts, with plans to expand into spot and exotic markets.

5.2 Popular Trading Pairs

5.2.1 Uniswap V3

PENDLE (Token) - Pendle's TVL skyrocketed after entering the LRT market, surpassing $900 million. The project's market cap has reached $280 million, with the total trading volume on the platform exceeding $1 billion, setting new records in all metrics and enjoying high popularity.

6.Blockchain Profile - Base Chain

6.1 User Profile

6.1.1 Core Data

Total Active Users on Base: 156,928

New Active Users on Base: 22,896, with a daily decrease of 17.41%

Existing Active Users on Base: 134,032, with a daily decrease of 22.69%

6.1.2 New User Profile

Core data: There were a total of 22,896 new active users on Base yesterday, with a daily decrease of 17.41%

Popular Sectors

Popular Projects

Key Projects:

Odos (DApp) - The Odos Protocol stands out as the first Dex aggregator that allows users to swap multiple tokens for a single asset in one atomic transaction. This system facilitates the exchange of a basket of input tokens for the desired output in one go, saving on gas fees and mitigating market volatility. The project has not yet launched its token, offering an opportunity to interact early for a potential airdrop.

6.1.3 Existing User Profile

Core data: The number of Base active existing users is 134,032, with a daily decrease of 22.69%

Popular Sectors

Popular Projects

Key Projects:

Layer3 CUBE (NFT) - Layer3 CUBE (Credentials to Unify Blockchain Events) is a multi-chain certification standard that authenticates digital experiences across DeFi, NFTs, gaming, and social domains. Designed for a wide range of applications, CUBE enables seamless integration and data analytics in the evolving crypto landscape.

7.DApp Ecosystem - All Chains

Pixels (DApp) - Pixels is a Play2Earn Web3 farming game allowing players to engage in familiar agricultural activities such as planting resources, preparing food, and trading goods. Players have the unique opportunity to own and develop individual farm plots. The project was launched on Binance Launchpool and today announced an airdrop for RON stakers, with the snapshot completed on February 8. 20 million PIXEL tokens were allocated for distribution in two phases: 10 million tokens to be distributed first, followed by the remaining 10 million tokens within a month.

8.DApp Ecosystem - ETH Chain

0x Protocol (DApp) - The 0x protocol is an open-source and decentralized trading protocol based on Ethereum, enabling users to trade Ethereum tokens (ERC-20) and non-fungible tokens (NFTs, i.e., ERC-721 tokens) quickly and securely across different decentralized exchanges. Its main role is to offer a standardized platform that enables developers to build efficient decentralized exchanges while optimizing trading efficiency by aggregating liquidity from multiple exchanges.

9.DApp Ecosystem - BSC

NFPrompt (DApp) - NFPrompt (NFP) is an AI-driven platform for user-generated content, focusing on Web3 creators. It is one of the projects incubated in the sixth season of Binance Labs and was launched in June this year. The platform enables users to generate various types of content using AI tools (AI-generated content, AIGC). It also provides a marketplace for trading AIGC works and their associated command words (Prompt). With the recent surge in AI sector’s popularity, the project's token has shown a strong upward trend, rising 60% within a week.

10.DApp Ecosystem - Polygon Chain

Galxe (DApp) - A significant on-chain task platform, Galxe supports a variety of data sources, including both on-chain and off-chain. For on-chain credentials, curators can contribute through subgraph queries or static snapshots. For off-chain credentials, Project Galaxy has integrated with platforms like Snapshot.org, Twitter, and Github. This support for diverse data sources enables Project Galaxy to more broadly collect and utilize data. The Galxe token has recently seen a positive trend, increasing from approximately $2 to its current price of $3.4.

11.DApp Ecosystem - Solana Chain

Wormhole (DApp) - Co-founder Robinson Burkey hinted at an imminent significant announcement for Wormhole through a post titled "Wormhole Wednesday" on the X platform. The project later revealed its tokenomics, with a total of 10 billion W governance tokens, 17% of which are allocated to the community. At the end of November 2023, Wormhole announced it had raised $225 million in funding, despite a previous theft of $326 million, attracting considerable market attention.

12.DApp Ecosystem - Arbitrum Chain

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. With Stargate, users and DApps can transfer native assets across multiple chains (with more to come in the future). With the launch of LayerZero V2 and an upcoming token launch, ecosystem projects are positively impacted.

13.DApp Ecosystem - Base Chain

Dmail (DApp) - Dmail is a mail application based on Web 3.0 and Dfinity technology, integrating NFT functionality and distributed storage, with each account itself being an NFT. This project aims to bridge the gap between traditional email systems and blockchain-based email systems, thereby lowering the barrier for users and developers to engage with the crypto world. The design philosophy of Dmail is to make the use of blockchain technology as simple and intuitive as using the internet. DMAIL has been listed on Bitget. It is essential to stay updated on this project.

14.DApp Ecosystem - GameFi Sector Across All Chains

StarryNift (DApp) - StarryNift is a co-creation metaverse platform where users can play, create, and socialize. The project aims to expand Metaverse Horizons through innovative and diverse use cases to accelerate the adoption of Web3. The project team announced its tokenomics last December and plans to issue its token.

15.Gas Fee Consumption - ETH Chain

zkSync Era (DApp) - According to L2BEAT data, the TVL in zkSync Era has rebounded to $617 million, with a 22.47% increase over the past seven days. Following Starknet’s token launch, many investors have renewed their interest in zkSync. It is currently unclear if a snapshot has been taken, but this activity indicates high market expectations for the zkSync’s token launch.

16.Gas Fee Consumption - BSC

QnA3.AI (DApp) - A Web3 knowledge-sharing platform based on AI, QnA3.AI has garnered widespread attention on the BNB Chain. The project has initiated a data mining mode, where users can join and use idle computing resources on their devices for tasks like data cleaning and scraping. Contributors of computing power are rewarded with points.

17.Gas Fee Consumption - Polygon Chain

CoinTool: Xen Batch Minter (DApp) - A renowned on-chain toolbox extensively utilized on the Polygon network. Its XEN Batch Minter feature assists users in batch-minting XEN tokens.

18.Gas Fee Consumption - Arbitrum Chain

RabbitHole: Quest Factory (DApp) - RabbitHole has recently aggregated all tasks offered through the Quest Protocol, enabling users to earn tokens by engaging with crypto applications. The project is experiencing high levels of interaction, which may be related to a potential token launch, making it an attractive option for engagement.

19.Gas Fee Consumption - Base Chain

Aerodrome (DApp) - Aerodrome is an emerging automated market maker (AMM) protocol aimed to become the central liquidity hub for Coinbase's Layer 2 chain, Base. The Velodrome V2 model inspires the aerodrome's design to incentivize liquidity on the protocol, with some team members coming from Velodrome. The project's token has been listed on Coinbase.

20.Top Trending Tokens on Twitter

There is no data for this segment today due to anomalies in the data source.

21.Google Trends - Global

Worldcoin (Token) - Worldcoin is a crypto enterprise invested in by Sam Altman, co-founder of OpenAI. Influenced by the recent release of OpenAI's Sora product, the funds in the cryptocurrency sector have increasingly focused on the AI sector, leading to a continuous rise in Worldcoin's price.

22.Google Trends Surge - East Asia, South Asia, Southeast Asia, Hong Kong, Macau, and Taiwan

a) South Asia Region

India Trends: The Graph, Kaspa, Ada, Myria

Pakistan Trends: Bybit, BTC, Coinpayu

b) Southeast Asia Region

Vietnam Trends: crypto bubble, AI

Philippines Trends: dca, pixel

Singapore Trends: trx, banana gun, fetch ai, grt, icp

Indonesia Trends: ondo, alt, berachain

c) East AsiaTrends: crypto news

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

a) CIS RegionTrends: Crypto Bubble, News

b) English-speaking Countries

Australia Trends: injective, grt, cardano, hbar, monad

UK Trends: vechain, xlm, fantom, fet, sei, cardano

USA Trends: wld, iotex, ocean

Canada Trends: wif, xai, cardano, fet, sei

c) Europe

France Trends: pandora, ckb, iotx, mana, rwa

Poland Trends: xai, sei

Switzerland Trends: arbitrum, sei, grt, dogecoin, alephium

Türkiye Trends: crypto troia, tradingview

Germany Trends: centra, hedera, casper, monad, eos

Italy Trends: manta, celestia, grt, ronin, pixels

Belgium Trends: manta, tron, link, mana

Spain Trends: arkham, beam

24. Google Trends Surge - Middle East, Latin America, Africa

a) Africa

South Africa Trends: cardano, kaspa, ethereum

Nigeria Trends: halving in crypto, crypto bubbles

b) Middle EastTrends: pixel, crypto bubbles

c) Latin America

Brazil Trends: alt, pixels, arkham, cro

Argentina Trends: shiba inu, pixel, arkham, tron

Mexico Trends: mana, injective, pixel, bitcoin, sei

Reference Links

Dune On-Chain Data Dashboard - Blockchain Profile: https://dune.com/bitgetresearch/bitgetreseach-chains-overview

Dune On-Chain Data Dashboard - Gas Consumption: https://dune.com/bitgetresearch/gas-overview