Bitget Research: Arbitrum Foundation’s Transparency Issues Raise Concerns in Crypto Community, Market Sentiment Remains Stagnant
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:
SUIBG (Token) — BitKeep and Bitget jointly launched an airdrop of a futures token called SUIBG (SUIUSDT">SUI Futures Token), which will serve as a credential for the native token SUI after Sui Network mainnet is launched in the future. Users can participate in red packet airdrops, trading rewards, and other activities in their BitKeep wallet or join the SUIBG Carnival on the Bitget trading platform to receive SUIBG. Currently, there are relevant trading pools on DEX, but the liquidity is poor and the depth is low. It is important to apply through the official channels of Bitget and Bitkeep.
Shakana (Token) — A memecoin that launched its TGE and established a trading pool just yesterday. After the token was launched, it increased by 30x and then plummeted by 90%. The liquidity of the pool is low, with only $16,000, and trading may result in high slippage. The token carries high risks of volatile price fluctuations, and its contract includes the risks of anti-whale and blacklist mechanisms. Caution is advised.
SFG (Token) — SafeGrow, a token that launched its TGE yesterday, has a 5% on-chain buy and sell tax rate. After being added to a DEX, its performance has been good and it has some potential for upward movement. Currently, the total size of the pool’s liquidity is $200,000, with a total market cap of $800,000 and a 24-hour trading volume of $680,000, indicating a certain level of community trading activity.
SOV (Token) — Shib Original Vision, a project that launched its TGE and established a trading pool on March 30. The pool depth has now reached $2.46 million, with a 24-hour on-chain trading volume of $2 million, indicating good trading activity. There are 2320 holders, indicating a certain community base. So far, the token’s price trend has been good, with no significant fluctuations.
DXN (Token) — DBXen Token has a stable price trend with no major issues in its contract. The current trading pool depth is $200,000, with a trading volume of $620,000 and a total market cap of only $2 million, indicating a relatively low total market cap. From a technical analysis perspective, the token’s price trend is stable and has been steadily rising since TGE, indicating some wealth effect.
ZERO (Token) — Zero Liquid, a project in the LSD sector with no token contract risks. The current trading pool depth is $2.27 million, with a total market cap of $5.21 million and on-chain trading volume of $910,000. The token may be hyped in the near future due to the recent Shanghai Upgrade, so it is essential to stay updated on it.
SEEDx (Token) — SEEDx token is a token airdropped by Seedx. Recently, the airdrop trading has started, and there are currently 365 addresses claiming the airdrop. The token has experienced a significant drop in value after TGE, and trading volume is average. It is essential to stay updated on this token.
SQUA (Token) — The contract has no obvious risks, Twitter followers are only above 1000. However, the number of daily on-chain swaps exceeds 5000 and the daily on-chain trading volume exceeds $1 million. The number of holders exceeds 73,000. The token’s price has fluctuated significantly in recent days, indicating that investors should be aware of market risks.
FIST (Token) — FistToken is a token that experienced a sudden price surge without any clear positive news on social media or from the community. The token’s 24-hour trading volume reached $7.58 million, and the total market cap is $5.53 million. The token’s hype seems to outweigh its fundamental support, so it is worth keeping an eye on.
MMIT (Token) — MangoMan Intelligent is an old project with the concept of “A DeFi coin for crypto beginners,” has seen an influx of funds recently and has been performing well. It has been recommended on CMC and DexTool, which has led to short-term hype. Over the past 24 hours, there have been 7188 on-chain transactions, resulting in a trading volume of $5.7 million.
PEPA (Token) — Pepa Inu is currently experiencing a hype cycle, with the token price surging 40x before falling back. Currently, it is in a trend range of falling and rebounding. The total liquidity on DEX is $310,000, with a 24-hour trading volume of $590,000, indicating a certain level of hype.
Circle: Arb Fiat Token (Token), USDC — As the issuer of USDC, Circle has created a native USDC contract in the Arbitrum ecosystem, indicating that USDC on Arbitrum is not a cross-chain asset but a Circle asset-backed USDC asset. This reduces the contract risk in the cross-chain process, making the use of USDC in the Arbitrum ecosystem safer.
PEOPLE (Token) — PEOPLE is a token on BSC, with 33,078 holders and on-chain liquidity of $77,600. The token had a 24-hour trading volume of $287,000. Contract analysis has revealed that there are proxy contracts. It is essential to stay updated on this token.
2.Popular NFTs:
To Ethereum, with Love (NFT) — A commemorative Polygon Zkevm NFT, available for minting on Fair.xyz. It can be claimed by completing the payment of the gas fee and other operations on Fair.xyz. In the future, Polygon zkEvm ecological projects may use this for user promotions, and there may be airdrop opportunities, so it is important to claim this NFT.
YootGods (NFT) — The PFP project that conducted an NFT sale the day before yesterday completed its minting process in a short time, and the community’s interest is high. Currently, there is a relatively high turnover on Opensea, and there is some trading activity. Although the floor price is only 0.003 ETH, the total trading volume has reached 33 ETH, indicating a certain level of hype within the community.
Nakamigos (NFT) — Nakamigos is a collection of avatar NFTs with 5571 holders. It has seen a steady increase in trading volume since trading opened on March 24th. The trading volume was 1,844 ETH yesterday, and the floor price rose from 0.04 to 0.55 ETH. Currently, there is a high level of interest and activity in the market.
3.Popular DApps:
ZkSync, Starknet (DApp) — Following the Arbitrum airdrop, the interaction volume of ZkSync and Starknet remains high. Users transfer their ETH assets through the relevant native cross-chain bridges and interact with the ecosystem to potentially receive future airdrop opportunities. The interaction volume of new wallets is relatively high, indicating that specialized Airdrop Farmers are conducting relevant on-chain interactions.
Credit Dao Proof (DApp) — Cresit Dao Proof is a project that has partnered with BK. Recently, users have been performing “Get Rewards” operations on the chain, and there have been frequent transfers and claims on the chain. With a claimed 130,000 daily active users, the project receives good traffic. It is essential to stay updated on this project.
Link3 (DApp) — Link3 is a Web3 social task network incubated by CyberConnect, where users can create their decentralized social network by completing on-chain and off-chain information. Starting from March 17th, Link3 will release a specific theme post for creators to write every week, and each post can be converted into an NFT at a fixed price of $1. Users can pay $1 and collect the corresponding post as an on-chain NFT.
Lens: LensHub (DApp) — LensHub is a leading on-chain social platform that hasn’t launched its token yet. Interactions with the project may result in airdrop opportunities. Recently, founder Stani Kulechov gave an offline talk at Harvard’s Blockchain Academy, which has received positive feedback. It is important to keep a close watch on the project’s token launch.
Gridex (DApp) — GDX is a DEX on Arbitrum that combines order book and grid trading. Yesterday, the price of GDX surged, and it is currently very popular to earn points through fake trading volume and receiving airdrops. Users can participate in the trading airdrop activity, and the $GDX token is available for trading on Bitget.
TT Prize (DApp) — TT is a gambling project. Although it has seen a significant increase, there are no corresponding operational or traffic activities, which is a normal phenomenon for the TT chain.
Pinksale (DApp) — A launchpad project on the BSC chain that ranked 6th in TVL on the BSC chain according to Defillama data. Yesterday, the launchpad had a project called Hobbes that had high short-term hype and reached its 160 BNB fundraising goal within one block.
Gamma Strategies (DApp) — Gamma is a protocol for active liquidity management and market-making strategies, offering non-custodial, automated, and active centralized liquidity management services. With the end of the Uniswap copyright protection period on April 1, the concept of Univ3-like automatic market makers has become more popular, and the project’s TVL has risen from $20 million to $70 million within two weeks.
Mining Network (DApp) — Mining Network is an NFT mining game built 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.
Galxe (DApp) — Galxe is an on-chain task platform and a top-tier DID application. Recently, a new identity verification method was launched allowing users to log in with a single click using their Ethereum address. The platform’s recent focus has been on “degen quest,” a joint event with Polygon.
Uniswap V3 (DApp) — According to a blog post by an employee earlier on Sunday, the Arbitrum Foundation began selling ARB tokens in stablecoin form before the community “approved” the organization’s nearly $1 billion budget. This led to a $300 million increase in ARB trading volume yesterday, with Uniswap trading volume rising as well.
Blur (Token) — On April 2, Blur platform traded a total of 24,000 ETH, while OpenSea traded 5211 ETH. NFT market trading volume has increased recently, but Blur’s performance relative to BTC has been average, with a current price of 0.59 USDT. The short-term price of BLUR is expected to continue to fluctuate. On March 29, Blur announced that it would extend the Season 2 bidding pool and double points for listing until May 1, causing dissatisfaction within the community. The release of new products, originally scheduled for April 1, will also be delayed. The future trend of BLUR depends largely on product innovation and community confidence, so it is essential to keep track of the development of its products.
Worldcoin (Token) — Worldcoin is a cryptocurrency company founded by OpenAI CEO Sam Altman, and plans to launch its mainnet in the first half of this year. Worldcoin aims to issue a global digital currency to every person in the world and build a unique personal identification code by scanning the iris through a spherical device it has developed, giving each person’s digital currency a unique identity. The project’s token is planned to launch in the first half of this year.
Biconomy (Token) — This is a multi-chain relayer that represents users in executing transactions. Users only need to state what they want, and the Biconomy decentralized protocol will handle the transaction on the desired target blockchain on their behalf. Recently, it has been a core hype target for account abstraction. The token BICO has a daily trading volume of $2.3 million and has experienced a significant decline in the past week. Bitget has already listed this token.
Layerzero (DApp) — Layerzero is a key project that has yet to launch its token. With the wealth effect of the ARB airdrop, there has been a noticeable increase in user interactions with LayerZero. Users are eager to interact with the project in hopes of getting potential airdrop opportunities.
Arbitrum Foundation (DApp) — There has been much controversy surrounding the Arbitrum Foundation recently, primarily due to a lack of transparency in its funding. Although 42.78% of the tokens were supposed to be transferred to the Arbitrum DAO treasury wallet, only 3.52 billion tokens were actually transferred. The Foundation has proposed the AIP-1 plan to introduce a decentralized autonomous organization, but the entity behind the proposal, Lemma, has also applied for 750 million ARB tokens for operations. These issues have led to TreasureDAO, the largest governance representative in the Arbitrum ecosystem, opposing the AIP-1 proposal, with the opposition now exceeding 80%.
Randmizer.ai (DApp) — This project is a tool built on Arbitrum that generates random numbers for smart contract agreements at a low cost. The Randomizer VRF was released on Arbitrum One on February 14 and currently supports projects such as Lotto and Vox Finance. With a large potential user base in the future, it has some space for potential partnerships.
4.Twitter Hot Topics:
SOON (Token) — SoonSwap started a voting campaign on Daomaker on March 19th to list their token. The campaign lasted for 7 days and a total of $30,000 worth of tokens were distributed to users who participated in the voting. SoonSwap is positioning itself as an NFT trading marketplace with both limit order and AMM functionalities. The beta version of their product is already live, and users can stay updated on the voting results by following the project.
XRP (Token) — According to a report by CryptoSlate on April 2nd, the SEC’s lawsuit against Ripple did not end on March 31st as previously expected. It is uncertain when the judge will make a decision, and it may take up to 30 or 60 days. If the SEC wins the case and classifies XRP as a security, it could bring many other digital assets and cryptocurrencies under its jurisdiction. Additionally, US legislators may authorize the Commodity Futures Trading Commission (CFTC) to regulate cryptocurrency derivatives and trading. Following this news, XRP experienced rapid growth and has since entered a period of volatility. It is important to continue monitoring the outcome of this case as it develops.
5.Regional Trending Searches:
Splinterlands (Token) — This project is a card game built on Hive and Wax, where players can trade, purchase or sell digital assets within the game to receive rewards. The project received $3.6 million in funding from investors such as Animoca, Blockchain Founders Fund, and Enjin on July 28, 2021. The game’s activity has consistently remained among the top ranks of various chains. On March 19th, they announced the start of the Soulkeep closed testing on March 21st, which has gained attention from the community.
Main Body
Written by: Bitget Research
Data collection time: April 3, 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. Blockchain Profile — ETH Chain
1.1 User Profile
1.1.1 Core Data
Total active users of ETH: 401,174
New active users of ETH: 71,366, with a daily decrease of 2.53%
Existing active users of ETH: 329,808, with a daily decrease of 6.98%
1.1.2 New User Profile
Core data: There were a total of 71,366 new active users on ETH yesterday, with a daily decrease of 2.53%
Popular Sectors
Popular Projects
ZkSync, Starknet (DApp) — Following the Arbitrum airdrop, the interaction volume of ZkSync and Starknet remains high. Users transfer their ETH assets through the relevant native cross-chain bridges and interact with the ecosystem to potentially receive future airdrop opportunities. The interaction volume of new wallets is relatively high, indicating that specialized Airdrop Farmers are conducting relevant on-chain interactions.
1.1.3 Existing User Profile
Core data: The number of ETH active existing users is 329,808, with a daily decrease of 6.98%
Popular Sectors
Popular Projects
To Ethereum, with Love (NFT) — A commemorative Polygon Zkevm NFT, available for minting on Fair.xyz. It can be claimed by completing the payment of the gas fee and other operations on Fair.xyz. In the future, Polygon zkEvm ecological projects may use this for user promotions, and there may be airdrop opportunities, so it is important to claim this NFT. https://fair.xyz/collection/polygonZKEVM
YootGods (NFT) — The PFP project that conducted an NFT sale the day before yesterday completed its minting process in a short time, and the community’s interest is high. Currently, there is a relatively high turnover on Opensea, and there is some trading activity. Although the floor price is only 0.003 ETH, the total trading volume has reached 33 ETH, indicating a certain level of hype within the community. https://opensea.io/collection/yootgods/activity
1.2 Popular Trading Pairs
1.2.1 Uniswap V2
cNotes (Token) — A community-based concept token, which was just launched with its TGE yesterday. The token increased rapidly yesterday and then suffered a sharp decrease, leading to a significant number of holders being trapped. The project team seems to have significant control over the token, and managing the market cap is prone to extreme fluctuations, creating significant uncertainty. Therefore, it is not recommended for users to participate in this project. https://www.dextools.io/app/en/ether/pair-explorer/0x21bbb91b60ef99bd38d1202c927502ea08af0d00
Shakana (Token) — A memecoin that launched its TGE and established a trading pool just yesterday. After the token was launched, it increased by 30x and then plummeted by 90%. The liquidity of the pool is low, with only $16,000, and trading may result in high slippage. The token carries high risks of volatile price fluctuations, and its contract includes the risks of anti-whale and blacklist mechanisms. Caution is advised. https://www.dextools.io/app/en/ether/pair-explorer/0x96b657b5f542cdfb9d0a4d5f2c6930ae93c0ed6d
SFG (Token) — SafeGrow, a token that launched its TGE yesterday, has a 5% on-chain buy and sell tax rate. After being added to a DEX, its performance has been good and it has some potential for upward movement. Currently, the total size of the pool’s liquidity is $200,000, with a total market cap of $800,000 and a 24-hour trading volume of $680,000, indicating a certain level of community trading activity. https://www.dextools.io/app/en/ether/pair-explorer/0x6a5015c449e345283ab9466d1d2fec0cbfce2697
TRUCK (Token) — TRUCK is Cybertruck’s project that capitalizes on Elon concept. The contract has trading limit risk. The liquidity pool is only worth $13,000, which could result in high slippage for those participating. The token has seen significant ups and downs in price, and the market risk is high. https://www.dextools.io/app/en/ether/pair-explorer/0x2fd7bddeefdeae3fdafa5acd77634bcc2ac4da6c
1.2.2 Uniswap V3
SOV (Token) — Shib Original Vision, a project that launched its TGE and established a trading pool on March 30. The pool depth has now reached $2.46 million, with a 24-hour on-chain trading volume of $2 million, indicating good trading activity. There are 2320 holders, indicating a certain community base. So far, the token’s price trend has been good, with no significant fluctuations. https://www.dextools.io/app/en/ether/pair-explorer/0x0318170609141bfdb38d20d1f1c5b5197670ecee
DXN (Token) — DBXen Token has a stable price trend with no major issues in its contract. The current trading pool depth is $200,000, with a trading volume of $620,000 and a total market cap of only $2 million, indicating a relatively low total market cap. From a technical analysis perspective, the token’s price trend is stable and has been steadily rising since TGE, indicating some wealth effect. https://www.dextools.io/app/en/ether/pair-explorer/0x7f808fd904ffa3eb6a6f259e6965fb1466a05372
ZERO (Token) — Zero Liquid, a project in the LSD sector with no token contract risks. The current trading pool depth is $2.27 million, with a total market cap of $5.21 million and on-chain trading volume of $910,000. The token may be hyped in the near future due to the recent Shanghai Upgrade, so it is essential to stay updated on it. https://www.dextools.io/app/en/ether/pair-explorer/0xa80838d2bb3d6ebaed1978fa23b38f91775d8378
2.Blockchain Profile — BSC Chain
2.1 User Profile
2.1.1 Core Data
Total active users on BSC: 1,206,094
New active users on BSC: 144,201, with a daily decrease of 9.33%
Existing active users on BSC: 1,061,893, with a daily decrease of 6.66%
2.1.2 New User Profile
Core data: There were a total of 144,201 new active users on BSC yesterday, with a daily decrease of 9.33%
Popular Sectors
Popular Projects
SEEDx (Token) — SEEDx token is a token airdropped by Seedx. Recently, the airdrop trading has started, and there are currently 365 addresses claiming the airdrop. The token has experienced a significant drop in value after TGE, and trading volume is average. It is essential to stay updated on this token.
SQUA (Token) — The contract has no obvious risks, Twitter followers are only above 1000. However, the number of daily on-chain swaps exceeds 5000 and the daily on-chain trading volume exceeds $1 million. The number of holders exceeds 73,000. The token’s price has fluctuated significantly in recent days, indicating that investors should be aware of market risks. https://www.dextools.io/app/en/bnb/pair-explorer/0xc70734ef92893cf7ae131b13874f8c531584fc4e
2.1.3 Existing User Profile
Core data: The number of BSC active existing users is 1,061,893, with a daily decrease of 6.66%
Popular Sectors
Popular Projects
Link3 (DApp) — Link3 is a Web3 social task network incubated by CyberConnect, where users can create their decentralized social network by completing on-chain and off-chain information. Starting from March 17th, Link3 will release a specific theme post for creators to write every week, and each post can be converted into an NFT at a fixed price of $1. Users can pay $1 and collect the corresponding post as an on-chain NFT.
2.2 Popular Trading Pairs
2.2.1 PancakeSwap V2
FIST (Token) — FistToken is a token that experienced a sudden price surge without any clear positive news on social media or from the community. The token’s 24-hour trading volume reached $7.58 million, and the total market cap is $5.53 million. The token’s hype seems to outweigh its fundamental support, so it is worth keeping an eye on. https://www.dextools.io/app/en/bnb/pair-explorer/0xb4ec801aed8c92f2e69589518aaa127afb37d8c9
MMIT (Token) — MangoMan Intelligent is an old project with the concept of “A DeFi coin for crypto beginners,” has seen an influx of funds recently and has been performing well. It has been recommended on CMC and DexTool, which has led to short-term hype. Over the past 24 hours, there have been 7188 on-chain transactions, resulting in a trading volume of $5.7 million. https://www.dextools.io/app/en/bnb/pair-explorer/0x7f36fded4229f37e409ddebf42e8860e5acf4b26
PEPA (Token) — Pepa Inu is currently experiencing a hype cycle, with the token price surging 40x before falling back. Currently, it is in a trend range of falling and rebounding. The total liquidity on DEX is $310,000, with a 24-hour trading volume of $590,000, indicating a certain level of hype. https://www.dextools.io/app/en/bnb/pair-explorer/0xb1626e681a2ad96c2909fc3d8c0f5f78d500f5a8
3.Blockchain Profile — Polygon Chain
3.1 User Profile
3.1.1 Core Data
Total active users on Polygon: 419,146
New active users on Polygon: 84,680, with a daily decrease of 22.63%
Existing active users on Polygon: 334,466, with a daily decrease of 5.65%
3.1.2 New User Profile
Core data: There were a total of 84,680 new active users on Polygon yesterday, with a daily decrease of 22.63%
Popular Sectors
Popular Projects
SUIBG (Token) — BitKeep and Bitget jointly launched an airdrop of a futures token called SUIBG (SUI Futures Token), which will serve as a credential for the native token SUI after Sui Network mainnet is launched in the future. Users can participate in red packet airdrops, trading rewards, and other activities in their BitKeep wallet or join the SUIBG Carnival on the Bitget trading platform to receive SUIBG. Currently, there are relevant trading pools on DEX, but the liquidity is poor and the depth is low. It is important to apply through the official channels of Bitget and Bitkeep.
Credit Dao Proof (DApp) — Cresit Dao Proof is a project that has partnered with BK. Recently, users have been performing “Get Rewards” operations on the chain, and there have been frequent transfers and claims on the chain. With a claimed 130,000 daily active users, the project receives good traffic. It is essential to stay updated on this project. https://creditdao.plus/
3.1.3 Existing User Profile
Core Data: The number of Polygon active existing users is 334,466, with a daily decrease of 5.65%
Popular Sectors
Popular Projects
Lens: LensHub (DApp) — LensHub is a leading on-chain social platform that hasn’t launched its token yet. Interactions with the project may result in airdrop opportunities. Recently, founder Stani Kulechov gave an offline talk at Harvard’s Blockchain Academy, which has received positive feedback. It is important to keep a close watch on the project’s token launch.
3.2 Popular Trading Pairs
3.2.1 Uniswap V3
TRADE (Token) — Polytrade has recently performed well, with a nearly 3x increase in the past three days and breaking its previous high. The token has a liquidity pool of $1 million on DEX, but its total market cap is as high as $7.2 billion, which may indicate a potential for the project to manipulate the price and sell off. It is not recommended to participate.
4.Blockchain Profile — Arbitrum Chain
4.1 User Profile
4.1.1 Core Data
Arbitrum Active Users: 166,347
Arbitrum New Active Users: 30,748, with a daily increase of 3.89%
Arbitrum Existing Active Users: 135,599, with a daily increase of 13.99%
4.1.2 New User Profile
Core data: There were a total of 30,748 new active users on Arbitrum yesterday, with a daily increase of 3.89%
Popular Sectors
Popular Projects
Circle: Arb Fiat Token (Token), USDC — As the issuer of USDC, Circle has created a native USDC contract in the Arbitrum ecosystem, indicating that USDC on Arbitrum is not a cross-chain asset but a Circle asset-backed USDC asset. This reduces the contract risk in the cross-chain process, making the use of USDC in the Arbitrum ecosystem safer.
4.1.3 Existing User Profile
Core data: The number of Arbitrum active existing users is 135,599, with a daily increase of 13.99%
Popular Sectors
Popular Projects
Gridex (DApp) — GDX is a DEX on Arbitrum that combines order book and grid trading. Yesterday, the price of GDX surged, and it is currently very popular to earn points through fake trading volume and receiving airdrops. Users can participate in the trading airdrop activity, and the $GDX token is available for trading on Bitget.
4.2 Popular Trading Pairs
4.2.1 Uniswap V3
BV3A (Token) — After its TGE on March 31st, the token has slowly increased by 10x and has shown stable performance. However, the token’s contract has not been verified, which poses a risk of rug pull from the project side. There are KOLs on Twitter promoting this token, but its contract security cannot be guaranteed. It is not recommended to participate. https://dexscreener.com/arbitrum/0x536a4a24bf31ab0d1cf0e5a11cacb319ecc9a33a
5.DApp Ecosystem — All Chains
TT Prize (DApp) — TT is a gambling project. Although it has seen a significant increase, there are no corresponding operational or traffic activities, which is a normal phenomenon for the TT chain.
6.DApp Ecosystem — ETH Chain
Nakamigos (NFT) — Nakamigos is a collection of avatar NFTs with 5571 holders. It has seen a steady increase in trading volume since trading opened on March 24th. The trading volume was 1,844 ETH yesterday, and the floor price rose from 0.04 to 0.55 ETH. Currently, there is a high level of interest and activity in the market. https://opensea.io/collection/nakamigos
7.DApp Ecosystem — BSC Chain
Pinksale (DApp) — A launchpad project on the BSC chain that ranked 6th in TVL on the BSC chain according to Defillama data. Yesterday, the launchpad had a project called Hobbes that had high short-term hype and reached its 160 BNB fundraising goal within one block.
8.DApp Ecosystem — Polygon Chain
Gamma Strategies (DApp) — Gamma is a protocol for active liquidity management and market-making strategies, offering non-custodial, automated, and active centralized liquidity management services. With the end of the Uniswap copyright protection period on April 1, the concept of Univ3-like automatic market makers has become more popular, and the project’s TVL has risen from $20 million to $70 million within two weeks.
9.DApp Ecosystem — WAX Chain
Mining Network (DApp) — Mining Network is an NFT mining game built 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.
10.DApp Ecosystem — Solana Chain
Solcasino.io (DApp) — This is a betting game on the Solana chain. Currently, there is a significant loss of traffic on the Solana chain, so it is not recommended to pay special attention to this DApp at the moment.
11.DApp Ecosystem — Arbitrum Chain
Galxe (DApp) — Galxe is an on-chain task platform and a top-tier DID application. Recently, a new identity verification method was launched allowing users to log in with a single click using their Ethereum address. The platform’s recent focus has been on “degen quest,” a joint event with Polygon.
Uniswap V3 (DApp) — According to a blog post by an employee earlier on Sunday, the Arbitrum Foundation began selling ARB tokens in stablecoin form before the community “approved” the organization’s nearly $1 billion budget. This led to a $300 million increase in ARB trading volume yesterday, with Uniswap trading volume rising as well.
12.DApp Ecosystem — GameFi Sector Across All Chains
Planetix (DApp) — This is a top GameFi project on Polygon. The daily active user count fluctuates significantly, but it has remained one of the most active projects on Polygon in terms of interactions over the long term. This level of fluctuation is normal for the project.
13.Gas Fee Consumption — ETH Chain
Blur (Token) — On April 2, Blur platform traded a total of 24,000 ETH, while OpenSea traded 5211 ETH. NFT market trading volume has increased recently, but Blur’s performance relative to BTC has been average, with a current price of 0.59 USDT. The short-term price of BLUR is expected to continue to fluctuate. On March 29, Blur announced that it would extend the Season 2 bidding pool and double points for listing until May 1, causing dissatisfaction within the community. The release of new products, originally scheduled for April 1, will also be delayed. The future trend of BLUR depends largely on product innovation and community confidence, so it is essential to keep track of the development of its products.
zkSync Era (DApp) — Due to the airdrop effect from Arbitrum, zkSync’s user activity has remained at the forefront of new Ethereum users. According to the latest data from Dune, zkSync Era has 246,000 independent wallet addresses on the mainnet, with 57,200 ETH transferred to zkSync, and a total of 289,000 transactions. The user activity continues to increase.
14.Gas Fee Consumption — BSC Chain
PEOPLE (Token) — PEOPLE is a token on BSC, with 33,078 holders and on-chain liquidity of $77,600. The token had a 24-hour trading volume of $287,000. Contract analysis has revealed that there are proxy contracts. It is essential to stay updated on this token.
Link3 (DApp) — Link3 is a Web3 social task network incubated by CyberConnect, where users can create their decentralized social network by completing on-chain and off-chain information. Starting from March 17th, Link3 will release a specific theme post for creators to write every week, and each post can be converted into an NFT at a fixed price of $1. Users can pay $1 and collect the corresponding post as an on-chain NFT.
15.Gas Fee Consumption — Polygon Chain
Worldcoin (Token) — Worldcoin is a cryptocurrency company founded by OpenAI CEO Sam Altman, and plans to launch its mainnet in the first half of this year. Worldcoin aims to issue a global digital currency to every person in the world and build a unique personal identification code by scanning the iris through a spherical device it has developed, giving each person’s digital currency a unique identity. The project’s token is planned to launch in the first half of this year.
Biconomy (Token) — This is a multi-chain relayer that represents users in executing transactions. Users only need to state what they want, and the Biconomy decentralized protocol will handle the transaction on the desired target blockchain on their behalf. Recently, it has been a core hype target for account abstraction. The token BICO has a daily trading volume of $2.3 million and has experienced a significant decline in the past week. Bitget has already listed this token.
16.Gas Fee Consumption — Arbitrum Chain
Layerzero (DApp) — Layerzero is a key project that has yet to launch its token. With the wealth effect of the ARB airdrop, there has been a noticeable increase in user interactions with LayerZero. Users are eager to interact with the project in hopes of getting potential airdrop opportunities.
Arbitrum Foundation (DApp) — There has been much controversy surrounding the Arbitrum Foundation recently, primarily due to a lack of transparency in its funding. Although 42.78% of the tokens were supposed to be transferred to the Arbitrum DAO treasury wallet, only 3.52 billion tokens were actually transferred. The Foundation has proposed the AIP-1 plan to introduce a decentralized autonomous organization, but the entity behind the proposal, Lemma, has also applied for 750 million ARB tokens for operations. These issues have led to TreasureDAO, the largest governance representative in the Arbitrum ecosystem, opposing the AIP-1 proposal, with the opposition now exceeding 80%.
Randmizer.ai (DApp) — This project is a tool built on Arbitrum that generates random numbers for smart contract agreements at a low cost. The Randomizer VRF was released on Arbitrum One on February 14 and currently supports projects such as Lotto and Vox Finance. With a large potential user base in the future, it has some space for potential partnerships.
17.Twitter Trends Token Top 20
From the perspective of token popularity on Twitter trends:
Tokens with significant increases in popularity: MOB, RON, SFUND, BNB
Newly listed tokens: PST, RON, SOON, DOGE
RON (Token) — Ronin is an Ethereum sidechain created for the Axie Infinity community. Recently, RON experienced a 4x increase from its bottom, and its trading volume has increased to over $3 million per day. As a formerly promising chain that suffered a theft incident and has been dormant for a long time, it is essential to stay updated on its future development.
SOON (Token) — SoonSwap began a voting campaign on DAOmaker on March 19th, which will last for 7 days. The campaign offers a token reward worth $30,000 that will be distributed among voters. The project aims to be an NFT trading market with limit orders and AMM functionality, and a testing version of the product is already online. It is essential to stay updated on the voting results.
18.Token Mentioned Frequency by KOLs on Twitter
Super KOLs mentioned the following hot tokens: ARB, BTC, ETH, USDT, XRP
Builders mentioned the following tokens: ARB, NGT, KMA, ETH
XRP (Token) — According to a report by CryptoSlate on April 2nd, the SEC’s lawsuit against Ripple did not end on March 31st as previously expected. It is uncertain when the judge will make a decision, and it may take up to 30 or 60 days. If the SEC wins the case and classifies XRP as a security, it could bring many other digital assets and cryptocurrencies under its jurisdiction. Additionally, US legislators may authorize the Commodity Futures Trading Commission (CFTC) to regulate cryptocurrency derivatives and trading. Following this news, XRP experienced rapid growth and has since entered a period of volatility. It is important to continue monitoring the outcome of this case as it develops.
19.Token Mentioned Frequency by VCs on Twitter
Based on the frequency of mentions by VC firms on Twitter: USDC, BNB, SIDUS, NOM, THOR
20.Google Trends — Global
More frequently mentioned keywords in Google trending searches: bitcoin, coingecko, binance, ethereum
Splinterlands (Token) — This project is a card game built on Hive and Wax, where players can trade, purchase or sell digital assets within the game to receive rewards. The project received $3.6 million in funding from investors such as Animoca, Blockchain Founders Fund, and Enjin on July 28, 2021. The game’s activity has consistently remained among the top ranks of various chains. On March 19th, they announced the start of the Soulkeep closed testing on March 21st, which has gained attention from the community.
21.Google Trends Surge — East Asia, South Asia, Southeast Asia, Hong Kong, Macau, and Taiwan
a) South Asia Region
India
Trending Tokens: KIBHO, WAVE, ETH,
Pakistan
Trending Keywords: crypto faucet, trust crypto and bitcoin wallet
b) Southeast Asia Region
Philippines
Trending Keywords: splinterlands, crypto mining app, btc to usd
Indonesia
Trending Keywords: coingecko, long term crypto investment, bitcoin price, crypto earning games
Malaysia
Trending Keyword: crypto calculator
Singapore
Trending Keyword: free and greed index crypto
c) East Asia and Hong Kong, Macau, and Taiwan
Trending Keyword: Crypto news
22.Google Trends Surge — English-speaking Countries, Europe, CIS Region
a) CIS Region
Trending Keywords: Crypto Bubbles, Crypto trading, Coinmarketcap
b) English-speaking Countries
USA
Trending Tokens: floki ceo crypto, XDC
Canada
Trending Tokens: GALA, CSPR, BNB, ADA
Australia
Trending Tokens: FLOKI, AI, DOGE, BRISE
UK
Trending Tokens: BONE, OSMO, GMX, AMP, FET
Trending Keywords: is crypto haram, crypto skin
c) Europe
Spain
Trending Tokens: TRIAS, VET, LUNA, BONE, SHBI, SXP
Italy
Trending Tokens: APT, LUNC;
France
Trending Tokens: KDA, FLOKI, SLP, DENT
Germany
Trending Tokens: PI, ARB, MATIC, TRX
Poland
Trending Tokens: ETH, USD
23.Google Trends Surge — Middle East, Latin America, Africa
a) Africa
Nigeria
Trending Keywords: Best crypto trading platform, crypto bubbles, best crypto wallet, airdrop crypto
South Africa
Trending Tokens: BTC
Morocco
Trending Keywords: crypto bubbles, coinmarketcap
b) Middle East
Trending Keywords: Crypto news, Crypto Market Cap
c) Latin America
Brazil
Trending Tokens: BTC, XRD, XRP, ETH, XLM
Mexico
Trending Tokens: AVAX
