Bitget Research: Market Sentiment Recovers, with Strong Performance in the Overall Market
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:
GEN (token) — Generational Wealth, a memecoin representing the Chad elites. LP tokens have been destroyed, and the recent community popularity is high. It has risen dozens of folds since its launch, with a current market value of US$18 million and a 24-hour trading volume of US$14.83 million.
CLUB (token) — Crypto Penguin’s memecoin, a nostalgic penguin meme. It will launch a mini-game soon. Its current market value stands at US$1.18 million with a 24-hour trading volume of US$3.67 million, which means a high turnover rate.
WAGMI (token) — A trending memecoin recently, a phrase commonly seen on the internet “we are gonna make it”. Vitalik Buterin wore a T-shirt with these words at the Montenegro Conference not long ago. The token has a high popularity in the community, with a current market value of US$7.65 million, and a 24-hour trading volume of US$10.77 million, clearly in a rising trend.
Gala (Token) — On May 16, the Gala v2 snapshot ended, and all native GALA tokens will be exchangeable for GALA (v2). The team will also destroy 500 million GALA tokens each quarter in 2023. In addition, the team disclosed in a Medium post on May 16 that they are currently in the process of destroying an additional 3.96 billion GALA tokens, which represents the total income the team has received from GALA. The currency price of GALA has risen by 15% since the news came out, and it is currently consolidating at a high level, with a 24-hour trading volume of US$240 million.
TURBO (Token) — A memecoin with a contract written by AI, TURBO was created by digital artist Rhett Mankind. Beeple tweeted an image with the mention of “$TURBO,” and Elon Musk replied with a crying laughing emoji, sparking discussions. As the meme market witnessed a gradual decline in investor interest, NFT whale Pranksy liquidated their entire holding of TURBO. Yesterday, OKX conducted a vote for listing, including TURBO, which fueled speculation around the project. Currently, it has a market capitalization of $48 million and a 24-hour on-chain trading volume of $6.5 million.
$MONG (Token) — A memecoin that originated from a U.S. Congressman’s incoherent ramblings, in which he mentioned MONG COIN several times. It represents a degenerate meme culture and a positive community atmosphere. Affected by OKX’s Vote to List promotion, there has been hype again. The current market value of the token is US$100 million, and the 24-hour trading volume is US$15 million.
AiONE (Token) — This is an AI concept token, positioned as an AIaaS platform. Benefiting from the recent hype of AI, the liquidity on-chain is US$230,000, and its market value stands at US$49.64 million. The trading volume in the past 24 hours is only US$950,000 though.
CAPO (Token) — A memecoin themed around the Godfather movie, CAPO had its TGE last week. The current market value is US$16.5 million, and the 24-hour trading volume is US$5.52 million. It’s popular in the community and is listed on Bitget.
agEUR (token) — A Euro-pegged decentralized stablecoin supported by Aagel Protocol. The project has been deployed on multiple networks, and the cross-chain demand is strong. The current market value is US$18.9 million, and the 24-hour trading volume is US$1.67 million. Its share in the centralized stablecoin segment is still limited but it has the potential to grow.
ARB (token) — Arbitrum will kick off Delegation Week on May 22. Token holders and delegates will participate in the event to strengthen the democratization and fairness of the DAO. At present, Arbitrum is still the Layer 2 network with the largest TVL, and its trading volume is the 3rd largest on public networks. Projects within the ecosystem have rebounded with the market recently.
GMX (token) — The decentralized derivatives protocol GMX announced today that its V2 testnet is open to the public, and users can test it on the Avalanche Fuji testnet. The new features of the V2 testnet include market orders, limit orders, stop-profit and stop-loss orders, etc. In addition, V2 will implement a funding fee to balance the long-short ratio. The token price rebounded slightly, with a 24-hour trading volume of US$19.6 million.
RDNT (token): The multi-chain lending protocol Radiant Capital has passed the proposal of “RFP-18: Strategic Application of $ARB Allocation from Radiant DAO Treasury” with an approval rate of 89%. According to the proposal, 40% of the 3.348 million ARB tokens that the Arbitrum Foundation granted to the Radiant Treasury will be airdropped to the eligible dLP lockers, 30% will be distributed to the dLP lockers on Arbitrum, and the remaining 30% will be used as a strategic reserve for future DAO use.
Kappe (token) — A project that was open to claim and established a trading pool on PancakeSwap yesterday, it experienced a short-term pullback and then fell significantly. It is currently in the second wave of rising trends, but the strength is weak. The total size of the liquidity pool is US$36,000 with a 24-hour trading volume of US$110,000. A total of 1,223 transactions occurred, and 451 individuals participated. The popularity of the project is average. It’s recommended to stay updated.
2. Popular NFTs:
HV-MTL (NFT) — The Bored Ape Yacht Club has introduced a derivative NFT collection called HV-MTL (Heavy Metal), consisting of 30,000 mechs from eight different power sources. Starting from March 15, 2023, owners can burn eligible Sewer Passes to summon an energy source, which will display an Evo 1 mech. Evo 1 holders can participate in future mini-game sets using their Evo 1 to unlock additional evolution stages for HV-MTL. Currently, the total NFT trading volume is 27,699E, with a floor price of 1.05E. There are 10,100 holding addresses. It’s worth keeping an eye on this project.
Loyalty Program (NFT) — The NFTs minted on zkBridge Mainnet Alpha are part of the activity conducted by Polyhedra x Galxe. Users mint the NFT to earn points in anticipation of an airdrop, with over 70,000 people participating in the activity on Galxe.
3. Popular DApps:
Uniswap (DApp): The overall on-chain transaction volume has decreased compared to before, resulting in a decline in Ethereum gas fees. Recently, it was announced that a decentralized exchange will be developed on the Polkadot parachain Moonbeam. The proposal has been completed and approved through voting.
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). It is among the top 10 highest-grossing children’s mobile apps on the App Store and Google Play. Its community includes over 9.5 million families and 250,000 educators, offering 250,000 interactive lessons from around the world. Its token, EDU, was previously launched on Binance Launchpad. Driven by its token, the platform is top-ranked on the BSC chain in terms of activity.
Hooked Protocol (DApp) — A former Binance Launchpad project and a Web3 education concept, the project has released a test version of a kind of AI product called “Hooked Academy Sensei”. They have tweeted that they are working with OpenCampus to create a future learning experience. At present, its popularity is moderate, with a 24-hour trading volume of US$10 million, mainly used by users of its app.
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. The project announced a partnership with Immunefi to launch a US$15 M bug bounty program. With high on-chain interactions, LayerZero records 275,000 transfers in the last 24 hours, close to its historical record of 284,000.
Quadrant Protocol (DApp) — A blockchain-based protocol that allows access, creation, and distribution of data products and services that are centered on authenticity and provenance. Its token is eQUAD, which had its ICO in 2018. The current market cap is US$7.25 million, with only US$5,200 in trading volume.
Socket (DApp) — A multi-chain application. Its main product is the Bungee cross-chain aggregator, which has been activated in May to test the network. The project has been very well received by the market. Its user-friendly gas rebate has garnered positive feedback in the community.
Woo (DApp) — A DeFi product with built-in features of Woofi Swap and Woofi Earn. Through a multi-chain deployment with Stargate, the platform has a 24-hour trading volume of US$15.18 million. Currently, only a few coin pairs are supported, most of which are mainstream coins.
GameTradeMarket (DApp) — GameTradeMarket is a platform on the Solana chain dedicated to discovering and trading NFTs within games, with a focus on in-game asset trading. It provides game classification and asset trading functions for all categories of games. The platform currently has numerous ecosystem game collaborations and recently announced partnerships with twakegame, RadicalChess, PolkaFantasy, and other projects.
Chronos (DApp) — A ve (3,3) model DEX on the Arbitrum chain, with a rapidly increasing TVL since launch, currently at US$170 million as the heat has decreased. The main focus is on earning profits through mining. The platform’s token has a 24-hour trading volume of US$485,000.
Rocket Pool (DApp) — The LSD sector project has seen continuous growth in Total Value Locked (TVL) since the Shanghai upgrade. There is high enthusiasm among users for participating in staking, leading to a new TVL record. By staking ETH on the platform, users can earn 5% or 8% node rewards. You can participate in or stay updated on this opportunity. The token has been listed on Bitget.
Holograph (DApp) — The project team behind it was engaged in multi-chain native asset generation, cross-chain transfer, and other services. The quality of the project is good. A total of 300,000 people participated in its free mint promotion. The project boasts great UI/UX design. The built-in SDK, API, and other functions are friendly to developers. It’s advised to keep an eye on the project.
4. Twitter Hot Topics:
RNDR (Token) — The AI token in the market has experienced several days of continuous volatility, indicating a need for speculative catalysts to attract funds. RNDR, in recent times, has heavily promoted its AI rendering capabilities for images and animations on social media, indicating strong fundamentals. Today, RNDR has surged by 18%, with trading volume more than doubling compared to normal days, fueled by heightened speculation within the community.
5. Regional Trending Searches:
GALA (Token) — The Gala v2 snapshot has concluded, allowing all native GALA tokens to be exchanged for GALA (v2) in the future. The project commits to quarterly token burns of 500 million GALA, as stated in the 2023 Gems Vision Plan. Furthermore, the team revealed on May 16th via Medium that an additional burn of 3.96 billion GALA is currently underway, providing significant support to the token.
AXS (Token) — Apple has approved the listing of the Axie Infinity game on the App Store, which indicates a significant increase in traffic for Axie Infinity once it is available on the Apple Store. This development provides strong fundamental support to the project. Yesterday, the AXS token experienced a sudden surge of over 20%, making it worth continued attention.
Main Body
Written by: Bitget Research
Data collection time: May 18, 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)
1. Blockchain Profile — ETH Chain
1.1 User Profile
1.1.1 Core Data
Total active users of ETH: 391,262
New active users of ETH: 72,435, with a daily decrease of 2.50%
Existing active users of ETH: 318,827, with a daily decrease of 0.48%
1.1.2 New User Profile
Core data: There were a total of 72,435 new active users on ETH yesterday, with a daily decrease of 2.50%
Popular Sectors
Popular Projects
Key Projects:
Uniswap (DApp): The overall on-chain transaction volume has decreased compared to before, resulting in a decline in Ethereum gas fees. Recently, it was announced that a decentralized exchange will be developed on the Polkadot parachain Moonbeam. The proposal has been completed and approved through voting.
1.1.3 Existing User Profile
Core data: The number of ETH active existing users is 318,827, with a daily decrease of 0.48%
Popular Sectors
Popular Projects
Key Projects:
Gala (Token) — On May 16, the Gala v2 snapshot ended, and all native GALA tokens will be exchangeable for GALA (v2). The team will also destroy 500 million GALA tokens each quarter in 2023. In addition, the team disclosed in a Medium post on May 16 that they are currently in the process of destroying an additional 3.96 billion GALA tokens, which represents the total income the team has received from GALA. The currency price of GALA has risen by 15% since the news came out, and it is currently consolidating at a high level, with a 24-hour trading volume of US$240 million.
1.2 Popular Trading Pairs
1.2.1 Uniswap V2
GEN (token) — Generational Wealth, a memecoin representing the Chad elites. LP tokens have been destroyed, and the recent community popularity is high. It has risen dozens of folds since its launch, with a current market value of US$18 million and a 24-hour trading volume of US$14.83 million. https://www.dextools.io/app/en/ether/pair-explorer/0x1ca4713fc4a95f76fcb498b2a5fe8759c53df1a1
CLUB (token) — Crypto Penguin’s memecoin, a nostalgic penguin meme. It will launch a mini-game soon. Its current market value stands at US$1.18 million with a 24-hour trading volume of US$3.67 million, which means a high turnover rate. https://www.dextools.io/app/en/ether/pair-explorer/0xdf865a573173fbe05293460d8ea6c55dd71f779b
WAGMI (token) — A trending memecoin recently, a phrase commonly seen on the internet “we are gonna make it”. Vitalik Buterin wore a T-shirt with these words at the Montenegro Conference not long ago. The token has a high popularity in the community, with a current market value of US$7.65 million, and a 24-hour trading volume of US$10.77 million, clearly in a rising trend. https://www.dextools.io/app/en/ether/pair-explorer/0xd6c2af244dd56db3c9d276808eda8b5fb040007b
1.2.2 Uniswap V3
TURBO (Token) — A memecoin with a contract written by AI, TURBO was created by digital artist Rhett Mankind. Beeple tweeted an image with the mention of “$TURBO,” and Elon Musk replied with a crying laughing emoji, sparking discussions. As the meme market witnessed a gradual decline in investor interest, NFT whale Pranksy liquidated their entire holding of TURBO. Yesterday, OKX conducted a vote for listing, including TURBO, which fueled speculation around the project. Currently, it has a market capitalization of $48 million and a 24-hour on-chain trading volume of $6.5 million.
$MONG (Token) — A memecoin that originated from a U.S. Congressman’s incoherent ramblings, in which he mentioned MONG COIN several times. It represents a degenerate meme culture and a positive community atmosphere. Affected by OKX’s Vote to List promotion, there has been hype again. The current market value of the token is US$100 million, and the 24-hour trading volume is US$15 million.
2. Blockchain Profile — BSC Chain
2.1 User Profile
2.1.1 Core Data
Total active users on BSC: 2,031,265
New active users on BSC: 213,766, with a daily decrease of 6.11%
Existing active users on BSC: 1,817,499, with a daily increase of 1,817,499
2.1.2 New User Profile
Core data: There were a total of 213,766 new active users on BSC yesterday, with a daily decrease of 6.11%
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). It is among the top 10 highest-grossing children’s mobile apps on the App Store and Google Play. Its community includes over 9.5 million families and 250,000 educators, offering 250,000 interactive lessons from around the world. Its token, EDU, was previously launched on Binance Launchpad. Driven by its token, the platform is top-ranked on the BSC chain in terms of activity.
HOOK (DApp) — A former Binance Launchpad project and a Web3 education concept, the project has released a test version of a kind of AI product called “Hooked Academy Sensei”. They have tweeted that they are working with OpenCampus to create a future learning experience. At present, its popularity is moderate, with a 24-hour trading volume of US$10 million, mainly used by users of its app.
2.1.3 Existing User Profile
Core data: The number of BSC active existing users is 1,817,499, with a daily decrease of 42.56%
Popular Sectors
Popular Projects
Key Projects:
LayerZero (DApp) — A cross-chain protocol that allows DApps deployed on different chains to communicate with each other without the need for any intermediate chain or consensus mechanism. The project announced a partnership with Immunefi to launch a US$15 M bug bounty program. With high on-chain interactions, LayerZero records 275,000 transfers in the last 24 hours, close to its historical record of 284,000.
Loyalty Program (NFT) — The NFTs minted on zkBridge Mainnet Alpha are part of the activity conducted by Polyhedra x Galxe. Users mint the NFT to earn points in anticipation of an airdrop, with over 70,000 people participating in the activity on Galxe.
2.2 Popular Trading Pairs
2.2.1 PancakeSwap V2
AiONE (Token) — This is an AI concept token, positioned as an AIaaS platform. Benefiting from the recent hype of AI, the liquidity on-chain is US$230,000, and its market value stands at US$49.64 million. The trading volume in the past 24 hours is only US$950,000 though.
CAPO (Token) — A memecoin themed around the Godfather movie, CAPO had its TGE last week. The current market value is US$16.5 million, and the 24-hour trading volume is US$5.52 million. It’s popular in the community and is listed on Bitget.
3. Blockchain Profile — Polygon Chain
3.1 User Profile
3.1.1 Core Data
Total active users on Polygon: 451,726
New active users on Polygon: 94,973, with a daily decrease of 21.59%
Existing active users on Polygon: 356,753, with a daily increase of 5.16%
3.1.2 New User Profile
Core data: There were a total of 94,973 new active users on Polygon yesterday, with a daily decrease of 21.59%
Popular Sectors
Popular Projects
Key Projects:
agEUR (token) — A Euro-pegged decentralized stablecoin supported by Aagel Protocol. The project has been deployed on multiple networks, and the cross-chain demand is strong. The current market value is US$18.9 million, and the 24-hour trading volume is US$1.67 million. Its share in the centralized stablecoin segment is still limited but it has the potential to grow.
3.1.3 Existing User Profile
Core Data: The number of Polygon active existing users is 356,753, with a daily increase of 5.16%
Popular Sectors
Popular Projects
Key Projects:
Quadrant Protocol (DApp) — A blockchain-based protocol that allows access, creation, and distribution of data products and services that are centered on authenticity and provenance. Its token is eQUAD, which had its ICO in 2018. The current market cap is US$7.25 million, with only US$5,200 in trading volume.
3.2 Popular Trading Pairs
3.2.1 Uniswap V3
On Polygon, the top ten traded pairs on Uniswap among active users consist of mainstream coins such as ETH, BTC, and stablecoins.
4. Blockchain Profile — Arbitrum Chain
4.1 User Profile
4.1.1 Core Data
Arbitrum Active Users: 213,507
Arbitrum New Active Users: 44,121, with a daily decrease of 23.55%
Arbitrum Existing Active Users: 169,386, with a daily decrease of 11.47%
4.1.2 New User Profile
Core data: There were a total of 44,121 new active users on Arbitrum yesterday, with a daily decrease of 23.55%
Popular Sectors
Popular Projects
Key Projects:
Socket (DApp) — A multi-chain application. Its main product is the Bungee cross-chain aggregator, which has been activated in May to test the network. The project has been very well received by the market. Its user-friendly gas rebate has garnered positive feedback in the community.
Woo (DApp) — A DeFi product with built-in features of Woofi Swap and Woofi Earn. Through a multi-chain deployment with Stargate, the platform has a 24-hour trading volume of US$15.18 million. Currently, only a few coin pairs are supported, most of which are mainstream coins.
4.1.3 Existing User Profile
Core data: The number of Arbitrum active existing users is 169,386, with a daily decrease of 11.47%
Popular Sectors
Popular Projects
Key Projects:
Orbiter (DApp) — A cross-chain bridge that currently supports cross-chain transactions between 11 chains. When users interact with networks such as zkSync Era/Lite, the gas cost of using the official cross-chain bridge to cross-chain from the ETH mainnet to zkSync is relatively high. Many users choose to use Orbiter to cross-chain from the Arbitrum chain to the zkSync network.
4.2 Popular Trading Pairs
4.2.1 Uniswap V3
ARB (token) — Arbitrum will kick off Delegation Week on May 22. Token holders and delegates will participate in the event to strengthen the democratization and fairness of the DAO. At present, Arbitrum is still the Layer 2 network with the largest TVL, and its trading volume is the 3rd largest on public networks. Projects within the ecosystem have rebounded with the market recently.
GMX (token) — The decentralized derivatives protocol GMX announced today that its V2 testnet is open to the public, and users can test it on the Avalanche Fuji testnet. The new features of the V2 testnet include market orders, limit orders, stop-profit and stop-loss orders, etc. In addition, V2 will implement a funding fee to balance the long-short ratio. The token price rebounded slightly, with a 24-hour trading volume of US$19.6 million.
RDNT (token): The multi-chain lending protocol Radiant Capital has passed the proposal of “RFP-18: Strategic Application of $ARB Allocation from Radiant DAO Treasury” with an approval rate of 89%. According to the proposal, 40% of the 3.348 million ARB tokens that the Arbitrum Foundation granted to the Radiant Treasury will be airdropped to the eligible dLP lockers, 30% will be distributed to the dLP lockers on Arbitrum, and the remaining 30% will be used as a strategic reserve for future DAO use.
5. DApp Ecosystem — All Chains
GameTradeMarket (DApp) — GameTradeMarket is a platform on the Solana chain dedicated to discovering and trading NFTs within games, with a focus on in-game asset trading. It provides game classification and asset trading functions for all categories of games. The platform currently has numerous ecosystem game collaborations and recently announced partnerships with twakegame, RadicalChess, PolkaFantasy, and other projects.
Woofi (DApp) — A DeFi product on the ARB chain that includes Woofi Swap and Woofi Earn. It offers single-asset staking for $ARB. Its TVL has been steadily increasing over the past month, indicating a promising development trend. It is essential to stay updated on this project.
6. DApp Ecosystem — ETH Chain
Manifold (DApp) — This is 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. The project has a strong partnership with the Foundation NFT platform. Manifold maintains high daily activity due to its NFT minting feature.
HV-MTL (NFT) — The Bored Ape Yacht Club has introduced a derivative NFT collection called HV-MTL (Heavy Metal), consisting of 30,000 mechs from eight different power sources. Starting from March 15, 2023, owners can burn eligible Sewer Passes to summon an energy source, which will display an Evo 1 mech. Evo 1 holders can participate in future mini-game sets using their Evo 1 to unlock additional evolution stages for HV-MTL. Currently, the total NFT trading volume is 27,699E, with a floor price of 1.05E. There are 10,100 holding addresses. It’s worth keeping an eye on this project. https://opensea.io/collection/hv-mtl
7. DApp Ecosystem — BSC Chain
Galxe (DApp) — The on-chain task platform, a top-tier application of the DID, has recently launched a new identity verification method that allows users to log in with their Ethereum address with just one click. Its recent Linea Voyage promotions have attracted wide attention.
Yuliverse (DApp) is a parallel reality game metaverse inspired by Pokemon Go and Tinder. Combining the concepts of Move2Earn, GameFi, and Social, users can earn rewards and meet new friends in Yuliverse simply by walking around in the community. It has over 100,000 followers on Twitter, indicating good engagement on social media.
8. DApp Ecosystem — Polygon Chain
0x Protocol (DApp) — An infrastructure protocol that enables 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. The ZRX token is available for trading on Bitget.
9. DApp Ecosystem — WAX Chain
Mining Network (DApp) — This is an NFT mining game on the WAX blockchain. Shortly after its launch, Mining Network ranked in the top three on the DappRadar leaderboard and was once a popular top-tier project. However, it has now stagnated and suffered from severe user loss.
Taco (DApp) — Taco is a metaverse platform built on WAX, featuring modules such as a gaming platform, DEX, Dapp, NFT marketplace, and NFTs. It has shown steady activity on the WAX blockchain recently, making it worth continued attention in the future.
10. DApp Ecosystem — Solana Chain
MeanFi (DApp) — A permissionless, self-custodial bank on Solana, with main modules including a payment stream system, an aggregated DEX, etc. The project has been a top DeFi application on Solana for a long time, with many ecosystem collaborations. However, there is no recent significant update about the project.
11. DApp Ecosystem — Arbitrum Chain
Chronos (DApp) — A ve (3,3) model DEX on the Arbitrum chain, with a rapidly increasing TVL since launch, currently at US$170 million as the heat has decreased. The main focus is on earning profits through mining. The platform’s token has a 24-hour trading volume of US$485,000.
12. DApp Ecosystem — GameFi Sector Across All Chains
ISKRA (DApp) — Iskra is a blockchain gaming platform built on Klaytn, bringing together gamers and game studios. Its DAU is continuously increasing. The platform allows gamers to explore and enjoy high-quality blockchain games and create their own communities. Users can access new gaming projects via its Launchpad. It planned to hold an exclusive AMA on May 18 featuring Global Business Director Ben, a chance for users to get the latest updates on Iskra.
13. Gas Fee Consumption — ETH Chain
GALA (Token) — As promised in the 2023 Gems Vision Plan document, the team will destroy 500 million GALA tokens each quarter in 2023. In addition, the team disclosed in a Medium post on May 16 that they are currently in the process of destroying an additional 3.96 billion GALA tokens, which has effectively supported the token price.
Rocket Pool (DApp) — The LSD sector project has seen continuous growth in Total Value Locked (TVL) since the Shanghai upgrade. There is high enthusiasm among users for participating in staking, leading to a new TVL record. By staking ETH on the platform, users can earn 5% or 8% node rewards. You can participate in or stay updated on this opportunity. The token has been listed on Bitget. https://www.bitget.com/en/spot/RPLUSDT_SPBL?type=spot
14. Gas Fee Consumption — BSC Chain
Kappe (token) — A project that was open to claim and established a trading pool on PancakeSwap yesterday, it experienced a short-term pullback and then fell significantly. It is currently in the second wave of rising trends, but the strength is weak. The total size of the liquidity pool is US$36,000 with a 24-hour trading volume of US$110,000. A total of 1,223 transactions occurred, and 451 individuals participated. The popularity of the project is average. It’s recommended to stay updated. https://dexscreener.com/bsc/0x9c26a20fd515c67e5024f7a795f9f385fbc1dc6a
15. Gas Fee Consumption — Polygon Chain
LayerZero (DApp) — A cross-chain protocol that allows DApps deployed on different chains to communicate with each other without the need for any intermediate chain or consensus mechanism. Recently, LayerZero completed a US$120 million Series B funding round at a valuation of US$3 billion, with participation from a16z and Sequoia Capital, among others. LayerZero recently released its product development progress for April, which has garnered high community attention.
Holograph (DApp) — The project team behind it was engaged in multi-chain native asset generation, cross-chain transfer, and other services. The quality of the project is good. A total of 300,000 people participated in its free mint promotion. The project boasts great UI/UX design. The built-in SDK, API, and other functions are friendly to developers. It’s advised to keep an eye on the project. https://www.holograph.xyz/holograph-app
16. Gas Fee Consumption — Arbitrum Chain
Radiant (DApp) — It has adopted an ARB allocation proposal that will allocate approximately 2.33 million ARBs to new dLP locked-up users. The first snapshot was completed on May 18 at 2:00 AM. The second snapshot will be announced in the next 30–60 days and eligible dLPs must be locked on Arbitrum and BNB Chain for 6–12 months after the first snapshot and before the second snapshot.
17. Twitter Trends Token Top 20
RNDR (Token) — The AI token in the market has experienced several days of continuous volatility, indicating a need for speculative catalysts to attract funds. RNDR, in recent times, has heavily promoted its AI rendering capabilities for images and animations on social media, indicating strong fundamentals. Today, RNDR has surged by 18%, with trading volume more than doubling compared to normal days, fueled by heightened speculation within the community. https://www.bitget.com/en/spot/RNDRUSDT_SPBL?type=spot
18.Google Trends — Global
GALA (Token) — The Gala v2 snapshot has concluded, allowing all native GALA tokens to be exchanged for GALA (v2) in the future. The project commits to quarterly token burns of 500 million GALA, as stated in the 2023 Gems Vision Plan. Furthermore, the team revealed on May 16th via Medium that an additional burn of 3.96 billion GALA is currently underway, providing significant support to the token. The token is available at: https://www.bitget.com/en/spot/GALAUSDT_SPBL?type=spot
AXS (Token) — Apple has approved the listing of the Axie Infinity game on the App Store, which indicates a significant increase in traffic for Axie Infinity once it is available on the Apple Store. This development provides strong fundamental support to the project. Yesterday, the AXS token experienced a sudden surge of over 20%, making it worth continued attention. https://www.bitget.com/en/spot/AXSUSDT_SPBL?type=spot
19. Google Trends Surge — East Asia, South Asia, Southeast Asia, Hong Kong, Macau, and Taiwan
a) South Asia Region
India Trending Tokens: None
Trending Keywords: Funding Rate, Opensea
Pakistan Trending Keywords: CMC, Binance, Crypto Ban
b) Southeast Asia Region
Indonesia Trending Keywords: Mining, AA Miner, Pass Crypto
Malaysia Trending Keywords: Crypto Mining, Avax, CGC, CMC
Thailand Trending Keywords: Crypto Mining, Cloud Mining
Philippines Trending Tokens: Gala, Bat, Pity, SLP
c) East Asia and Hong Kong, Macau, and Taiwan
Taiwan Trending Keywords: crypto news
Trending Tokens: QNT, PLI, WTK
20. Google Trends Surge — English-speaking Countries, Europe, CIS Region
a) CIS Region Trending Keywords: Crypto Bubbles, Pepe, Gemini, Airdrop Crypto.
b) English-speaking Countries
Canada Trending Tokens: Kava, Xyo, Doge
UK Trending Tokens: CTSI, Cake, KAS, AI Coins
USA Trending Tokens: BEN, ETH, CTSI, ETH, AIDOGE, APT, AXS, JUNO
Australia Trending Tokens: XRP, Aidoge, RNDR, NGS, GPT
c) Europe
Poland Trending Tokens: Chia, BTC, Ape, Safe
Germany Trending Tokens: Gala, Taxes, CMC, Paypal, Bitbox
France Trending Tokens: GMT, Poocoin, Pi, CSPR, BETH, RXD, CAKE
Italy Trending Tokens: TRX, Turbo, Mana, BNB
Turkey Trending Tokens and keywords: Faucet, GPT, BTC
Spanish Trending Tokens: AAVE, AXS, ROSE, POOCOIN, Floki, ADA
21. Google Trends Surge — Middle East, Latin America, Africa
a) Africa
Trending Keywords: Etoro, Juno, Valr, Uniswap, XRP
b) Middle East
Trending Keywords: Uniswap, Rain, CMC, Crypto News；
c) Latin America
Brazil Trending Tokens: His, Worldcoin, Vector
Argentina Trending keywords: Luna, PVU
Mexico Trending keywords: Bitcoin, Pepe, Solana
