TENET (TENET) news

Bitget Bites (June 16, 2023)

As of 3:30 AM (UTC), The Global Market Cap: US$1.04 Trillion (+1.08%) 24-hour Volume: US$36.18 Billion (+6.44%) Fear Greed Index: 47/Neutral (Up From 41/Fear) Spot Market Updates Major cryptocurrencies: Asset Current 24h High 24h Low Price Change Bitcoin (BTC) $25517.0 $25694.0 $24852.0 +1.86% Ethereum (ETH) $1663.66 $1676.14 $1628.71 +0.89% Bitget Token (BGB) $0.4704 $0.4746 $0.4672 -0.22% Top 3 Gainers: Symbol Current 24h High 24h Low Price Change Tags No. 1 BHATUSDT $0.0139 $0.022 $0.005 +178.00% Elrond, E-commerce No. 2 IGUUSDT $0.0857 $0.1526 $0.0428 +98.38% NFT, GameFi No. 3 BLUEUSDT $0.0002522 $0.00031 $0.00015 +68.13% Meme Sign up to start trading some of the hottest assets safely and frictionlessly at Bitget! Futures Market Updates As of 3:30 AM (UTC), Crypto Futures Open Interest: $3.18 Billion (-0.44%) Bitcoin Futures Market: BTC Futures Open Interest: $2.14 Billion (+0.36%) BTC Open Interest Dominance: 67.32% Bitcoin Volume (24H): $157,585.63 (-0.12%) Funding Rate: 0.0019% BTC Long/Short Ratio: 72.91%/27.09% Sign up to start following some of our profitable investors in Futures Copy Trading at Bitget! Interesting Topics Bitget One-Click Copy Trade Tutorial: Useful Tips For Followers BGB Sail: May Edition BullBear AI: The Future of Cryptocurrency Trading Trending Events Futures competition: win a Rolex and grab a share of 100,000 USDT! Early bird rewards and new user rewards are up for grabs! Good things come in twos! Share 100,000 USDT! Deposit or buy crypto in the mid-year jamboree! Enjoy perks in copy trading trial week! Become a Bitget strategist to share 20,000 USDT Unlock VIP Privileges, Limited Edition Merchandise, and up to 15% Cashback on Deposits! Assist2Earn is on! Split up to 30,000 USDT! 55 USDT trading bonus for new traders! Invite friends to Earn and get a 20% rebate! Bitget Will List Profit Blue (BLUE) in the Innovation Zone Ethos (3TH) Savings is UP, Subscribe Earn up to 100% APR! GPT Guru (GPTG) to be listed on Bitget — grab a share of 2,000,000 GPTG TENET (TENET) to be listed on Bitget — grab a share of 145,000 TENET Abyss World (AWT) Savings is UP, Subscribe Earn up to 200% APR! Bitget Will List BHNetwork (BHAT) in the Innovation Zone Bitget Will List Scallop (SCLP) in the Innovation Zone

BGB Sail: May Edition

Our BGB Sail Series provides an in-depth analysis of BGB performance, together with a recap of the 6c5a04f7-dfe1-4e05-b030-f061d590df34 situation at the end of each month. BGB Sail: April Edition can be found here. Market Summary May appears to be the extension of April's cooling-off period as the global market cap contracted by 2.6%, landing at US$1,179,097,406,821 on May 31, 2023 (0:00 AM UTC). The only three tokens with growing market cap are USDT (stablecoin), XRP (L1 token/altcoin) and STETH (liquid staking derivatives). This is also the first time that STETH is among the Top 10 biggest cryptocurrencies by market cap. The Month-over-Month change in ETH’s market cap is negative but almost negligible, whereas DOGE lost more than one-third of its value over the course of 30 days and as a result fell by two places in the ranking. Meanwhile, the difference between Top 4’s market cap and the rest is so large that it's most likely that Top 4 will continue to stay put for a long time. Let's take a look at the performance of the Top 10 in May. Please note that stablecoins (Tether and USD Coin) and LSD (liquid staking derivatives - STETH) are excluded because their value is supposed to remain ‘stable'. Except for XRP with an impressive 9.3% increase, all tokens in the Top 10 - BTC, ETH, BNB, XRP, ADA, DOGE and SOL - suffered from some small to heavy losses in May. Some possible explanations for the downward momentum include the regulatory uncertainties surrounding native U.S. crypto firms and crypto firms with an U.S. arm and the spreading panic over the U.S. debt limit. Read more about the debt ceiling deal and its implications on markets here: Debt Ceiling Is Lifted. Now What? Basically, we are seeing more securities regulators targeting crypto exchanges, indicating these areas' view of crypto as securities. Here is a summary of May's key headlines:• Bittrex U.S. filed for Chapter 11 bankruptcy; • Top market makers Jane Street and Jump Crypto decided to withdraw from the U.S. crypto exchange market; • Hotbit announced its shutdown; • The Securities Commission Malaysia ordered Huobi Global to stop its operations in the country for ‘illegally operating a digital asset exchange’ here; • The Philippines’ Securities and Exchange Commission charges Gemini for ‘offering and promoting unregistered securities products’; • Hong Kong's Securities and Futures Commission has published the finalised requirements for crypto trading platforms to provide retail crypto trading from June 01, 2023 and opened the registration for crypto exchange licensing; • Beijing released the Web3 Innovation and Development White Paper and committed to spending 100 million yuan each year until 2025 to turn Beijing into the global innovation hub for the digital economy; • Zhengzhou establishes a US$8.5 billion Metaverse fund; • The most recent PayPal report with the U.S. SEC shows that the payment giant's crypto holdings as of March 31, 2023 stand at US$943 million in Bitcoin, Ethereum, Bitcoin Cash and Litecoin, up by 56% from Q4 2022’s US$604 million. They also offer crypto transfers to 60 million users of Venmo. Data from The Block shows that there was a decline in the monthly volume of both spot and futures markets. While spot volume has fallen to the lowest level since November 2020, the volume of BTC futures on derivatives exchanges is still a tad higher than January's figure. Source: lars0x Source: lars0x BGB Performance in May In contrast to the majority of the market, BGB has had a great month. It outperformed all Top 10 tokens and belonged to the group of two only exchange tokens ending the month with a profit. BGB locked in a 14% rise MoM with its monthly high having increased by 6.7% to US$0.506853. According to CoinGecko, this surge in value of the token was accompanied by a 51.2% increase in 30D volume to US$482,744,291. When it comes to liquidity, BGB is undeniably the best exchange token. The volume-to-mcap ratio measures how easy it is for a token to change hands and thus can be used as a basic indicator of liquidity. Blockchain data platform Coinranking.com considers a token with a volume-to-mcap ratio of 0.001 or higher as ‘first tier’ tokens. Out of the eight exchange tokens, GT has the lowest average volume-to-mcap ratio for May at 0.001, barely made it to the first tier list; HT has the highest and BGB has the second-highest figure of 0.027 and 0.024, respectively. However, it doesn't necessarily mean that HT is a better investment than BGB. Going back to the MoM performance chart, the top gainer of the month is MX (+27.5%) and BGB (+14%). HT lost nearly 10% of its value in just 31 days. An analysis based on both values - price performance and liquidity - would suggest that BGB is the best option due to its steady price increment (high liquidity means prices are more stable). It's obvious, then, to see BGB moves up in the exchange token ranking, leaving HT and MX way behind. New to BGB and Bitget? Check this out: Bitget Token (BGB) Introduction. What are the reasons behind this success, you might wanna ask? First of all, owning BGB means you will benefit from the expansion of the ever-growing Bitget ecosystem. Bitget is the first exchange to launch a crypto copy trading product in 2020 - the first of many innovative rollouts throughout the past three years; the better we become, the more profitable it is to invest in BGB. Besides, BGB is the ticket to multiple activities on Bitget, including Bitget Launchpad (hold BGB to get exclusive access to highly anticipated IEOs), Bitget Launchpool (stake BGB to earn new, promising project tokens for free), Bitget Lottery (hold BGB to win prizes in BGB every day), BGB Earn (generate more BGB from your current holdings and/or secure the opportunity to buy BGB at discounted prices), Bitget VIP Program, GroupCoin (hold BGB to get the chance to purchase staple cryptocurrencies at special prices), Vote-To-List (hold BGB to decide whether the project will be listed on the exchange and get rewards for your participation). The IEO on Bitget Launchpad in May attracted 19,263 participants who altogether locked 123,037,455 BGB to get the opportunity to purchase Bitcoin Improvement Proposals 1 (BIP1) and gain the first-mover advantage/take up arbitrage opportunities since Bitget was the first exchange to open BIP1 trading. At its all-time high, BIP1 value is more than four times the IEO price, which translates to a ROI of over 300%. The most popular farming pool on Bitget Launchpool has 30,485,728 BGB (ca. US$12 million) staked. With all pools having an APY of 69% or higher, demand for BGB for sure has skyrocketed - no one wants to miss out on these opportunities! Since the beginning of June, we have completed three rounds of Bitget Launchpool, each having two pools (normal staking and refer-and-earn), and are currently holding two new rounds for 3TH and BHAT. The carefully selected reward tokens make farming more lucrative, thereby driving the demand for BGB further up. To sum things up, BGB has never failed to impress. See yourself how: BGB Sail: April 23 Edition BGB Sail: March 23 Edition BGB Sail: February 23 Edition BGB Sail: December 22 Edition BGB Sail: November 22 Edition BGB Sail: October 22 Edition Bitget-Verse The flourishing of Bitget is undeniably integral to BGB's victory. Public recognition and customer satisfaction motivate us to relentlessly work on product improvements and developments to bring about the best crypto experience to users worldwide. Spot Futures Activities Albeit the broader CEX sector struggled with declining volume in May, Bitget users have been showing uninterrupted resilience. The average daily number of outstanding contracts increased by 3.8%, with the daily average Bitcoin OI rising by 5.2%. Some notable changes to Bitget Futures in the single month of May include the leverage adjustment for XRPUSDT contracts (to 125X) and the addition of 21 new pairs: • BSVUSDT • KEYUSDT • IDEXUSDT • ORDIUSDT • PHBUSDT • TONUSDT • GTCUSDT • DENTUSDT • ZENUSDT • 10000LADYSUSDT • STMXUSDT • CTKUSDT • IOTXUSDT • UMAUSDT • AIDOGEUSDT • PEPEUSDT • SPELLUSDT • CELRUSDT • FLOKIUSDT • EDUUSDT • SUIUSDT The total volume of Bitget Spot Trading in May went up by 22.9% to US$5,370,388,809, mainly thanks to the initial listing of the most sought-after tokens: • DEG/USDT • SUI/USDT (5X) • OGGY/USDT • WSB/USDT • CLIPS/USDT • RIBBIT/USDT • BIP1/USDT • PROPC/USDT Earning With Bitget We have been continuously expanding the variety of investment products on Bitget, with Bitget Range Sniper being the latest introduction. The lowest APR on Bitget Range Sniper up until now is guaranteed at 20% despite your speculation of market sentiment, the highest is up to 500%, and that's why Bitget Range Sniper has become the new obsession of many investors. Bitget Range Sniper differentiates itself from other earning schemes on Bitget in that the asset to be paid out is flexible. In case the market moves in the opposite direction to your prediction, you'll get the payout in Bitcoin or Ethereum, which is perfect because you can hold them and lock in the profit once prices go up. If prices progress in line with your expectation, your profits will be realised immediately by the payout in USDT. You win, either way. Also allowing investors and technical analysts to ride with the waves is Bitget Smart Trend. Bitget Smart Trend is principal-protected, which means investors have the opportunity to place a bet on BTC/ETH prices of the next seven days without worrying about losses at settlement. You can subscribe to Bitget Smart Trend with Bitcoin or Ethereum or USDT, but the gains are distributed in the form of the asset you use to subscribe. High APR is also to be seen with Bitget Smart Trend; the most recent Bearish ETH investments offer up to 70% and 90% APR. Source: Bitget Smart Trend Bitget Dual Investment takes full advantage of the ‘buy low, sell high' strategy. It's designed to provide long-term investors with a 2-in-1 plan; that is, subscribers can buy a cryptocurrency (with stablecoin) and earn interest in that cryptocurrency if its price at the end of the subscription period is equal to lower than their expectations. If the price of that cryptocurrency is eventually higher than the expected price, purchase is not enabled and interests are calculated in stablecoins. That's the Buy Low scenario. On the other hand, Sell High subscribers will sell their crypto holdings at a favourable price in the future and earn interests in stablecoins. Should markets move against them at the end of the subscription period, no selling is allowed and interests are calculated in the cryptocurrency to be subscribed. In short, users will receive their original holdings plus interests even in disadvantageous conditions. Imagine planning your long-term crypto investments. You can either let your stables sit there until your limit order is filled or jump to Bitget Dual Investment to make some extra money on the idle funds. Now back to Bitget SharkFin, the original capital-guaranteed structured investment product. There are twelve rounds of SharkFin in May, each with full options of earning BTC from BTC deposit, earning BTC from USDT deposit, earning ETH from ETH deposit and earning ETH from USDT deposit. 100% of the cases ended up in the Shark Scenario, which is the scenario with much higher APR, hence subscribers turned out to be winners all the time. Source: Bitget SharkFin The charm of Bitget Earn is irresistible. In May only, the total fund subscribed to these four products amounted to US$10.5 million. Bitget SharkFin is the most popular one not only in terms of the total amount subscribed but also pertaining to the number of subscribers. The second best option for long-term investors is Bitget Dual Investment, whilst it's Bitget Smart Trend for farmers. Full guide to these products can be found here: Bitget Range Sniper | Bitget Shark Fin | Bitget Dual Investment | Bitget Smart Trend Learn Earn With Bitget Academy We believe in the power of crypto education. In 2023, so far we have released over 400 educational articles in 20 different languages on Bitget Academy, covering everything from in-depth guides and practical tips to market updates. To help users better gain a deeper understanding of the concepts, we regularly hold Learn Earn events on our social media channels. This is where you can test your knowledge and win amazing rewards! The ongoing rounds of Learn Earn can be found here: Bitget Academy Official Twitter | Bitget Academy Official Instagram Show us how much you have learned about crypto! Join us now on these bountiful events: Futures competition: win a Rolex and grab a share of 100,000 USDT! Early bird rewards and new user rewards are up for grabs! Lucky Wheels, Sunny Deals: Spin for a $10,000 Summer Island Trip Fund Split up to 30,000 USDT! 55 USDT trading bonus for new traders! Good things come in twos! Share 100,000 USDT! Deposit or buy crypto in the mid-year jamboree! Enjoy perks in copy trading trial week! New users only — enjoy loss protection from a 30,000 USDT safety pool for bot trading! Become a Bitget strategist to share 20,000 USDT Unlock VIP Privileges, Limited Edition Merchandise, and up to 15% Cashback on Deposits! Assist2Earn is on! Invite friends to Earn and get a 20% rebate! Bitget Will List BHNetwork (BHAT) in the Innovation Zone Bitget Will List Scallop (SCLP) in the Innovation Zone Ethos (3TH) Savings is UP, Subscribe Earn up to 100% APR! Sphere (SXS) to be listed on Bitget — grab a share of 800,000 SXS GPT Guru (GPTG) to be listed on Bitget — grab a share of 2,000,000 GPTG TENET (TENET) to be listed on Bitget — grab a share of 145,000 TENET Abyss World (AWT) Savings is UP, Subscribe Earn up to 200% APR! Simply create an account, and start exploring the incredible Bitget-Verse today!

Bitget Bites (June 15, 2023)

As of 3:30 AM (UTC), The Global Market Cap: US$1.02 Trillion (-3.27%) 24-hour Volume: US$33.99 Billion (+6.38%) Fear Greed Index: 41/Fear (Down From 46/Fear) Spot Market Updates Major cryptocurrencies: Asset Current 24h High 24h Low Price Change Bitcoin (BTC) $25051.0 $26016.0 $24880.0 -3.61% Ethereum (ETH) $1648.83 $1749.65 $1641.27 -5.49% Bitget Token (BGB) $0.4714 $0.4773 $0.4660 +0.47% Top 3 Gainers: Symbol Current 24h High 24h Low Price Change Tags No. 1 POGAIUSDT $0.000016772 $0.000028281 $0.000009337 +76.64% Meme, Arbitrum No. 2 HAHAUSDT $0.000007409 $0.000010856 $0.000004958 +49.13% AI, Meme No. 3 VOLTUSDT $0.00000055 $0.0000011555 $0.00000038 +44.74% NFT, Meme Sign up to start trading some of the hottest assets safely and frictionlessly at Bitget! Futures Market Updates As of 3:30 AM (UTC), Crypto Futures Open Interest: $3.19 Billion (-4.09%) Bitcoin Futures Market: BTC Futures Open Interest: $2.13 Billion (-5.05%) BTC Open Interest Dominance: 66.78% Bitcoin Volume (24H): $157,780.11 (+8.21%) Funding Rate: 0.0017% BTC Long/Short Ratio: 84.74%/15.26% Sign up to start following some of our profitable investors in Futures Copy Trading at Bitget! Interesting Topics Bitget One-Click Copy Trade Tutorial: Useful Tips For Followers Gather Your Friends, Assemble Your Rewards BullBear AI: The Future of Cryptocurrency Trading Trending Events Futures competition: win a Rolex and grab a share of 100,000 USDT! Early bird rewards and new user rewards are up for grabs! Lucky Wheels, Sunny Deals: Spin for a $10,000 Summer Island Trip Fund Split up to 30,000 USDT! 55 USDT trading bonus for new traders! Good things come in twos! Share 100,000 USDT! Deposit or buy crypto in the mid-year jamboree! Enjoy perks in copy trading trial week! New users only — enjoy loss protection from a 30,000 USDT safety pool for bot trading! Become a Bitget strategist to share 20,000 USDT Unlock VIP Privileges, Limited Edition Merchandise, and up to 15% Cashback on Deposits! Assist2Earn is on! Invite friends to Earn and get a 20% rebate! Bitget Will List BHNetwork (BHAT) in the Innovation Zone Bitget Will List Scallop (SCLP) in the Innovation Zone Ethos (3TH) Savings is UP, Subscribe Earn up to 100% APR! Sphere (SXS) to be listed on Bitget — grab a share of 800,000 SXS GPT Guru (GPTG) to be listed on Bitget — grab a share of 2,000,000 GPTG TENET (TENET) to be listed on Bitget — grab a share of 145,000 TENET Abyss World (AWT) Savings is UP, Subscribe Earn up to 200% APR!

Bitget Bites (June 14, 2023)

As of 3:30 AM (UTC), The Global Market Cap: US$1.06 Trillion (-0.15%) 24-hour Volume: US$31.96 Billion (+9.96%) Fear Greed Index: 46/Fear (Up From 45/Fear) Spot Market Updates Major cryptocurrencies: Asset Current 24h High 24h Low Price Change Bitcoin (BTC) $25989.0 $26354.0 $25739.0 -0.46% Ethereum (ETH) $1744.62 $1759.15 $1726.59 -0.30% Bitget Token (BGB) $0.4692 $0.4784 $0.4642 +0.55% Top 3 Gainers: Symbol Current 24h High 24h Low Price Change Tags No. 1 LAIUSDT $0.00852 $0.008577 $0.004 +113.00% AI, Big Data, ZK No. 2 IGUUSDT $0.056 $0.255 $0.0362 +35.27% NFT, GameFi No. 3 SKEBUSDT $0.0008821 $0.001094 $0.0006785 +27.09% Platform, Fans Sign up to start trading some of the hottest assets safely and frictionlessly at Bitget! Futures Market Updates As of 3:30 AM (UTC), Crypto Futures Open Interest: $3.33 Billion (+10.82%) Bitcoin Futures Market: BTC Futures Open Interest: $2.24 Billion (+10.37%) BTC Open Interest Dominance: 67.46% Bitcoin Volume (24H): $145,804.76 (+14.63%) Funding Rate: 0.0015% BTC Long/Short Ratio: 27.48%/72.52% Sign up to start following some of our profitable investors in Futures Copy Trading at Bitget! Interesting Topics Bitget One-Click Copy Trade Tutorial: Useful Tips For Followers Gather Your Friends, Assemble Your Rewards BullBear AI: The Future of Cryptocurrency Trading Trending Events Futures competition: win a Rolex and grab a share of 100,000 USDT! Early bird rewards and new user rewards are up for grabs! Become a Bitget Affiliate! Share 100,000 USDT and 50,000 BGB! Assist2Earn is on! Unlock VIP Privileges, Limited Edition Merchandise, and up to 15% Cashback on Deposits! Lucky Wheels, Sunny Deals: Spin for a $10,000 Summer Island Trip Fund Good things come in twos! Share 100,000 USDT! Deposit or buy crypto in the mid-year jamboree! Enjoy perks in copy trading trial week! Try out Martingale bots and grab a share of 5 billion PEPE New users only — enjoy loss protection from a 30,000 USDT safety pool for bot trading! Become a Bitget strategist to share 20,000 USDT Invite friends to Earn and get a 20% rebate! Abyss World (AWT) Savings is UP, Subscribe Earn up to 200% APR! Ethos (3TH) Savings is UP, Subscribe Earn up to 100% APR! Sphere (SXS) to be listed on Bitget — grab a share of 800,000 SXS GPT Guru (GPTG) to be listed on Bitget — grab a share of 2,000,000 GPTG TENET (TENET) to be listed on Bitget — grab a share of 145,000 TENET GPT Guru (GPTG) Savings is UP, Subscribe Earn up to 200% APR! TENET (TENET) Savings is UP, Subscribe Earn up to 200% APR!

Bitget Bites (June 13, 2023)

As of 3:30 AM (UTC), The Global Market Cap: US$1.06 Trillion (+1.26%) 24-hour Volume: US$29.07 Billion (+8.90%) Fear Greed Index: 45/Fear (Down From 47/Neutral) Spot Market Updates Major cryptocurrencies: Asset Current 24h High 24h Low Price Change Bitcoin (BTC) $26107.0 $26131.0 $25750.0 +1.16% Ethereum (ETH) $1749.73 $1755.94 $1727.32 +0.84% Bitget Token (BGB) $0.4667 $0.4800 $0.4629 -1.03% Top 3 Gainers: Symbol Current 24h High 24h Low Price Change Tags No. 1 PEPE1USDT $0.0839 $0.1302 $0.0354 +119.06% BRC, Meme No. 2 BBOUSDT $0.9 $1.689 $0.5117 +46.63% GameFi, Arbitrum No. 3 IGUUSDT $0.0414 $0.045 $0.02 +46.29% NFT, GameFi Sign up to start trading some of the hottest assets safely and frictionlessly at Bitget! Futures Market Updates As of 3:30 AM (UTC), Crypto Futures Open Interest: $3.00 Billion (+7.03%) Bitcoin Futures Market: BTC Futures Open Interest: $2.03 Billion (+8.92%) BTC Open Interest Dominance: 67.74% Bitcoin Volume (24H): $127,200.84 (+2.59%) Funding Rate: 0.0100% BTC Long/Short Ratio: 36.72%/63.28% Sign up to start following some of our profitable investors in Futures Copy Trading at Bitget! Interesting Topics Bitget One-Click Copy Trade Tutorial: Useful Tips For Followers Bitget Hot Takes (June 05 - June 11) BullBear AI: The Future of Cryptocurrency Trading Trending Events Futures competition: win a Rolex and grab a share of 100,000 USDT! Early bird rewards and new user rewards are up for grabs! Become a Bitget Affiliate! Share 100,000 USDT and 50,000 BGB! Lucky Wheels, Sunny Deals: Spin for a $10,000 Summer Island Trip Fund Good things come in twos! Share 100,000 USDT! Deposit or buy crypto in the mid-year jamboree! Enjoy perks in copy trading trial week! Try out Martingale bots and grab a share of 5 billion PEPE New users only — enjoy loss protection from a 30,000 USDT safety pool for bot trading! Become a Bitget strategist to share 20,000 USDT Invite friends to Earn and get a 20% rebate! ETHOS (3TH) will be listed on Bitget — grab a share of 800,000 3TH from Launchpool! BullBear AI（AIBB）listed on Bitget, deposit and trade to share 23 trillion AIBB! Sphere (SXS) to be listed on Bitget — grab a share of 800,000 SXS Abyss world (AWT) will be listed on Bitget — grab a share of 3,750,000 AWT from Launchpool! GPT Guru (GPTG) to be listed on Bitget — grab a share of 2,000,000 GPTG TENET (TENET) to be listed on Bitget — grab a share of 145,000 TENET GPT Guru (GPTG) Savings is UP, Subscribe Earn up to 200% APR! TENET (TENET) Savings is UP, Subscribe Earn up to 200% APR!

Bitget Hot Takes (June 05 - June 11)

Bitget Hot Takes is the exclusive weekly newsletter series by Bitget Academy, the 360-degree onboarding guide for all crypto enthusiasts. The latest Bitget Hot Takes can be found here. Central Themes • BGB rose to a new high of US$0.513378, which is right below its all-time high. • The SEC sues Binance, Binance.US and Coinbase for ‘unregistered securities offering’. • The CFTC won the lawsuit against Ooki DAO. BGB Breached US$0.51 - Again Last week we talked about how indicators suggested that BGB was inching towards a new local high and here it is. On June 06, 2023, BGB price rose to US$0.513378, which is equivalent to a 6.9% increase from last week’s high and a 7.7% increase from the week’s opening price. Learn about technical indicators here: Trading 101: Technical Analysis Explained The last time BGB prices hit as high as US$0.51 was in Q1 this year; BGB’s ATH is recorded at US$0.51620 on February 16. This breakout was followed by the increasing 7-day volume from US$112 million (May 29 - June 04) to US$135 million. If we are to calculate the volume-to-market cap ratio, a simple measurement of liquidity, it’s clear that BGB maintained a real stable liquidity throughout the seven days; the only exchange token in the Top 3 saw an upsurge towards the end of the week following the lawsuit of the SEC against Binance, whereas the fact that ETH is not considered a security made its volume and liquidity level jump up. Check out the summary of the working week from June 05 to June 09 for BGB below… … and dive deep into our BGB Sail Series to see how impressive BGB monthly performance is: BGB Sail: April Edition BGB Sail: March Edition BGB Sail: February Edition BGB Sail: December Edition BGB Sail: November Edition BGB Sail: October Edition BGB Sail: September Edition BGB Sail: August Edition BGB Sail: July Edition BGB Sail: June Edition BGB Sail: May Edition The Latest Crypto Crackdown On June 05, the SEC announced 13 charges against Binance, Binance.US and CZ, which includes the ‘unregistered offer and sale of crypto asset securities’, ‘unregistered broker’, ‘failure to restrict U.S. investors from accessing Binance.com’ and ‘misleading investors’. Worth mentioning is that the agency has referred to 12 cryptocurrencies as securities in their court filing: BNB, BUSD, SOL, ADA, MATIC, FIL, ATOM, SAND, MANA, ALGO, AXS and COTI. One day later, they announced their lawsuit against Coinbase. Defined as ‘securities’ in this lawsuit are SOL, ADA, MATIC, FIL, SAND, AXS, CHZ, FLOW, ICP, NEAR, VGX, DASH and NEXO. During his talk with CNBC on the same day, SEC Chair Gary Gensler said that ‘We don’t need more digital currency. We already have digital currency. It’s called the U.S. dollar. It’s called euro. It’s called the yen. They’re all digital now.’ So basically he meant that the SEC has decided to go all-in against crypto. After the new ‘security’ definition, Robinhood announced that they will delist SOL, ADA and MATIC on June 27. Binance.US will disable the trading of 8 BTC pairs and 2 BUSD pairs in their OTC market, Crypto.com will ‘suspend the institutional offering in the U.S.’, but Coinbase has no plan of delisting the tokens mentioned in the filings. SEC is not the only one to tighten its grip on the U.S. crypto industry. The Commodity Futures and Trading Commission (CFTC) has received the final ruling on June 09 that ‘Ooki DAO is a ‘person’ and thus can be held liable’. This is bad news for the whole space, especially for DAOs, because it set the precedent for future cases. Coinbase needs to keep fighting the SEC, otherwise it could become an informal precedent and affects the entire crypto landscape. All eyes are on the upcoming U.S. CPI release on June 13 and the FOMC meeting on June 13-14. See why we need to pay attention to the macroeconomic conditions here: Debt Ceiling Is Lifted. Now What? and Macroeconomic Factors That Can Affect Crypto Prices The Latest Bitget News The best performer of the week must be INUUSDT, whose closing price on June 06 is 3.75 times higher than its opening price. In second and third places are SXSUSDT and GPTGUSDT, who locked in 27.9% and 20.5% gains, respectively, in just 24 hours. However, top trendy tokens are RIBBITUSDT (three times in the list of top daily gainers), INUUSDT (twice) and PRIMEUSDT (twice). Of course the listings of new sought-after tokens are accompanied by new vaults in the Bitget Flexible Savings! The highest APR for TENET and GPTG is 200%, while it’s 150% for SXS. Subscribe before the slots are sold out! Bitget Rewards Center has been upgraded! New users can now get up to 5,027 USDT for free and earn additional bonus when you log in to your account daily. Sign up immediately to get the most out of our promotion campaign! Bitget Academy was established with the mission of bringing expert knowledge to the masses. In Q1 2023 only, we have released over 200 educational articles in 20 different languages, covering everything from in-depth guides and practical tips to market updates. In order to further assist beginners on their crypto journey, we have created the Blockchain Fundamentals Course with three digestible modules - you will receive a certificate after passing each module! New Events Futures competition: win a Rolex and grab a share of 100,000 USDT! Early bird rewards and new user rewards are up for grabs! Become a Bitget Affiliate! Share 100,000 USDT and 50,000 BGB! Lucky Wheels, Sunny Deals: Spin for a $10,000 Summer Island Trip Fund Good things come in twos! Share 100,000 USDT! Deposit or buy crypto in the mid-year jamboree! Enjoy perks in copy trading trial week! Join Bitget x AIBB Community Campaign Now to Claim Your Special $5,000 AIBB Rewards! Try out Martingale bots and grab a share of 5 billion PEPE New users only — enjoy loss protection from a 30,000 USDT safety pool for bot trading! Become a Bitget strategist to share 20,000 USDT Invite friends to Earn and get a 20% rebate! TENET (TENET) Savings is UP, Subscribe Earn up to 200% APR! GPT Guru (GPTG) Savings is UP, Subscribe Earn up to 200% APR! Bitget Will List Ethos (3TH) in the Innovation Zone Bitget Will List FairERC20 (FERC) in the Meme Zone! BullBear AI（AIBB）listed on Bitget, deposit and trade to share 23 trillion AIBB! Sphere (SXS) to be listed on Bitget — grab a share of 800,000 SXS Abyss world (AWT) will be listed on Bitget — grab a share of 3,750,000 AWT from Launchpool! GPT Guru (GPTG) to be listed on Bitget — grab a share of 2,000,000 GPTG TENET (TENET) to be listed on Bitget — grab a share of 145,000 TENET Good Reads Bitget x CoinBureau: The Nexus Of Knowledge And Trading A New Twist On Tuesdays With Bitget's Flash Promotion Crypto Wallets In 2023: Unlocking New Possibilities The Potential Of Cryptocurrency For Crowdfunding Debt Ceiling Is Lifted. Now What? Simply create an account, and start exploring the incredible Bitget-Verse today!

Bitget Bites (June 12, 2023)

As of 3:30 AM (UTC), The Global Market Cap: US$1.05 Trillion (-0.36%) 24-hour Volume: US$26.68 Billion (-49.23%) Fear Greed Index: 47/Neutral (Stable) Spot Market Updates Major cryptocurrencies: Asset Current 24h High 24h Low Price Change Bitcoin (BTC) $25809.0 $26164.0 $25681.0 +0.19% Ethereum (ETH) $1735.93 $1773.05 $1723.49 -0.85% Bitget Token (BGB) $0.4714 $0.4924 $0.4713 -4.11% Top 3 Gainers: Symbol Current 24h High 24h Low Price Change Tags No. 1 PRIMEUSDT $0.0277 $0.0277 $0.0175 +47.34% VC, DAO No. 2 LINAUSDT $0.013256 $0.013543 $0.010435 +23.83% DeFi, Farming No. 3 LINABTC ฿0.000000513 ฿0.000000527 ฿0.000000403 +23.32% DeFi, Farming Sign up to start trading some of the hottest assets safely and frictionlessly at Bitget! Futures Market Updates As of 3:30 AM (UTC), Crypto Futures Open Interest: $2.80 Billion (+0.10%) Bitcoin Futures Market: BTC Futures Open Interest: $1.87 Billion (-1.36%) BTC Open Interest Dominance: 66.56% Bitcoin Volume (24H): $123,987.09 (-34.20%) Funding Rate: 0.0087% BTC Long/Short Ratio: 41.92%/58.08% Sign up to start following some of our profitable investors in Futures Copy Trading at Bitget! Interesting Topics The Impact of Cryptocurrency on Renewable Energy Debt Ceiling Is Lifted. Now What? Crypto and Agriculture: Revolutionizing the Industry with Blockchain Technology Trending Events Futures competition: win a Rolex and grab a share of 100,000 USDT! Early bird rewards and new user rewards are up for grabs! Become a Bitget Affiliate! Share 100,000 USDT and 50,000 BGB! Lucky Wheels, Sunny Deals: Spin for a $10,000 Summer Island Trip Fund Good things come in twos! Share 100,000 USDT! Deposit or buy crypto in the mid-year jamboree! Enjoy perks in copy trading trial week! Join Bitget x AIBB Community Campaign Now to Claim Your Special $5,000 AIBB Rewards! Try out Martingale bots and grab a share of 5 billion PEPE New users only — enjoy loss protection from a 30,000 USDT safety pool for bot trading! Become a Bitget strategist to share 20,000 USDT Invite friends to Earn and get a 20% rebate! TENET (TENET) Savings is UP, Subscribe Earn up to 200% APR! GPT Guru (GPTG) Savings is UP, Subscribe Earn up to 200% APR! Bitget Will List Ethos (3TH) in the Innovation Zone Bitget Will List FairERC20 (FERC) in the Meme Zone! BullBear AI（AIBB）listed on Bitget, deposit and trade to share 23 trillion AIBB! Sphere (SXS) to be listed on Bitget — grab a share of 800,000 SXS Abyss world (AWT) will be listed on Bitget — grab a share of 3,750,000 AWT from Launchpool! GPT Guru (GPTG) to be listed on Bitget — grab a share of 2,000,000 GPTG TENET (TENET) to be listed on Bitget — grab a share of 145,000 TENET

Bitget Bites (June 9, 2023)

As of 3:30 AM (UTC), The Global Market Cap: US$1.10 Trillion (+0.49%) 24-hour Volume: US$26.41 Billion (-30.74%) Fear Greed Index: 50/Neutral (Stable) Spot Market Updates Major cryptocurrencies: Asset Current 24h High 24h Low Price Change Bitcoin (BTC) $26467.0 $26754.0 $26252.0 +0.81% Ethereum (ETH) $1834.56 $1861.09 $1830.26 +0.15% Bitget Token (BGB) $0.4912 $0.4985 $0.4778 +2.58% Top 3 Gainers: Symbol Current 24h High 24h Low Price Change Tags No. 1 SXSUSDT $0.06836 $0.12 $0.03 +127.87% Crowdfunding No. 2 PRIMEUSDT $0.0217 $0.0217 $0.014 +55.00% VC, DAO No. 3 RIBBITUSDT $0.0000000082 $0.000000010322 $0.000000005418 +50.10% Meme Sign up to start trading some of the hottest assets safely and frictionlessly at Bitget! Futures Market Updates As of 3:30 AM (UTC), Crypto Futures Open Interest: $2.87 Billion (+3.29%) Bitcoin Futures Market: BTC Futures Open Interest: $1.93 Billion (+2.93%) BTC Open Interest Dominance: 67.29% Bitcoin Volume (24H): $146,224.82 (-21.82%) Funding Rate: 0.0064% BTC Long/Short Ratio: 46.58%/53.42% Sign up to start following some of our profitable investors in Futures Copy Trading at Bitget! Interesting Topics Crypto and Travel: How Blockchain Technology is Improving the Industry Bitcoin Volatility Within a Confined Area as Investors Turn to Stablecoins Amidst Regulatory Scrutiny The Potential of Cryptocurrency for Supply Chain Management Trending Events Futures competition: win a Rolex and grab a share of 100,000 USDT! Early bird rewards and new user rewards are up for grabs! Become a Bitget Affiliate! Share 100,000 USDT and 50,000 BGB! Become a Bitget strategist to share 20,000 USDT Lucky Wheels, Sunny Deals: Spin for a $10,000 Summer Island Trip Fund New users only — enjoy loss protection from a 30,000 USDT safety pool for bot trading! Good things come in twos! Share 100,000 USDT! Engage in spot margin trading to win 3000 USDT! Bitget Indonesia Exclusive! Trade to Win 2 VIP Argentina Indonesia Match Tickets and Up to $4000 Bonus! Deposit or buy crypto in the mid-year jamboree! Enjoy perks in copy trading trial week! Join Bitget x AIBB Community Campaign Now to Claim Your Special $5,000 AIBB Rewards! Try out Martingale bots and grab a share of 5 billion PEPE Invite friends to Earn and get a 20% rebate! GPT Guru (GPTG) to be listed on Bitget — grab a share of 2,000,000 GPTG TENET (TENET) to be listed on Bitget — grab a share of 145,000 TENET Bitget Will List Ethos (3TH) in the Innovation Zone BullBear AI（AIBB）listed on Bitget, deposit and trade to share 23 trillion AIBB! Sphere (SXS) to be listed on Bitget — grab a share of 800,000 SXS Abyss world (AWT) will be listed on Bitget — grab a share of 3,750,000 AWT from Launchpool!

Bitget Research: US Debt Ceiling Crisis Resolved, Cryptocurrencies Enter Phase of Recovery

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: Bitcoin (Token) — According to US media reports on May 28th, representatives of the White House and Republicans in the US have reached a preliminary agreement on the debt ceiling issue. Subsequently, Bitcoin (BTC) started to rise, moving from US$26,000 back to US$28,000 again. Ethereum (ETH) also followed the rise. Some altcoins, which experienced a significant drop earlier, had a strong rebound, such as ARB speculating on the Cancun concept, and EDU which recently released positive news regarding NFTs. It is essential to observe whether BTC can stabilize above US$27,500. If it can maintain this level, there is a chance that a more sustained rebound may occur in the market. BIAO (Token) — This is a memecoin that had its TGE just a day ago. Its contract has potential mint and blacklist functions. The 24-hour trading volume is currently at US$58.4 million, but almost US$30 million was completed by MEV Bot, and there are only 267 unique participants in the project. The total market cap of the project is currently at US$150 million, while the liquidity pool depth is at US$180,000. The token’s trend is highly controlled, indicating that participation comes with certain risks. MOGUTO (Token) — This is a memecoin from the Mushroom Head community. It launched on DEX after its TGE yesterday, and plummeted after a short pump, resulting in an unrealized loss for holders. The token contract is secure, with a fully diluted valuation of US$270,000, liquidity pool depth of US$52,000, and trading volume of US$5.8 million. It is essential to observe its performance and whether there is any capital inflow that could trigger a second upward price movement. 0xM (Token) — 0xmeme’s trend is relatively weak. It experienced a short pump after its TGE and then plummeted. Currently, its 24-hour trading volume is US$2.3 million. The token’s price decline is rather severe, requiring a capital inflow to create a second upward price movement. RFD (Token) — Refund Coin was launched by the CryptoPunk NFT billionaire blurr.eth. The blurr account holds assets worth more than US$20 million on-chain. The project’s current on-chain liquidity is US$13.1 million, and the trading volume in the last 24 hours is US$9 million, with 814 unique participants. The token has been listed on Bitget. AGB (Token) — Apes Go Bananas is a memecoin driven by BAYC and HAPE, with a potentially high ceiling. The token currently has a 24-hour trading volume of US$5.1 million, 837 unique participants, on-chain liquidity of US$800,000, and a fully diluted valuation of US$11.7 million. AGB just had its TGE 12 days ago and is currently experiencing positive momentum. It is essential to stay updated on this token. BTC.b (Token) — Issued by Layerzero, BTC.b is an multi-chain asset, pegged to Bitcoin, and currently released on the BSC chain. Trader Joe subsequently announced that it will provide trading liquidity for BTC.b. Layerzero’s multi-chain assets can better integrate Bitcoin assets into the EVM ecosystem, offering a wide range of use cases. It is essential to stay updated on this token. FIFA Claim Contract (Token) — Based on the on-chain interactions, users can apply to the project to obtain FIFA tokens, with the claim value currently around US$3–4. A large number of claims have resulted in a significant drop in the token’s value, with a 14% decrease in the last 24 hours. Participation in the project can yield corresponding rewards, making it an essential token to stay updated on. LOYAL (0x4d44, Token) — The contract has potential mint and blacklist functions, and the token’s TGE was two days ago. The current 24-hour trading volume is US$14.3 million, but there are only 311 unique participants. The project’s total market cap is US$1.29 billion, which is quite high. The liquidity pool is only US$229,000, making the token’s price easy to manipulate. AiONE (Token) — A platform for AI as a Service (AIaaS) that has raised US$3 million in private funding. Its financing information has been published on the U.today website and on Twitter. The website appears to be professionally designed, and the platform already has usable products. The token has performed well in the past few days, with a 24-hour trading volume of US$1.1 million. The total market cap of the project is US$80.8 million, indicating limited upward movement in the price. It is essential to stay updated on this token. LOVE (Token) — This project is promoted by influencer @M4573RCH. Whitelisting is secured by sending 0 ETH to his address, and the current number of potential whitelist participants exceeds 10,000. The project is confirmed to be issued on the Ethereum mainnet. On the other hand, Love token on the BSC does not have a clear endorsement from the project team. Even though the 24-hour trading volume is US$45 million, there are only 1516 participants, indicating the possibility of a fake trading volume. This token could be a rug pull scheme. Participation is not recommended. Pepemoon (Token) — A PEPE-related memecoin with a contract that has a blacklist function. The current 24-hour trading volume of the token is US$220,000, and the liquidity pool is US$290,000. However, the total market cap is US$ 10.1 million. Although the token’s rise seems favorable, its trend is mainly influenced by the project party’s trading, indicating a higher risk for participation. XEN (Token, DApp) — Currently, several XEN-related contract addresses appear in the top 10 on Polygon Gas consumption, including RobotXEN, Cointool, and MCTXenft tools that can batch mint XEN, resulting in higher gas usage. XEN has created its own mini-ecosystem, including XENFT, XEN Torrent, DBXEN, and Xenlon. Multiple projects in the XEN ecosystem revolve around the core interaction of “burning XEN.” 2.Popular NFTs: XANA (NFT) — This project is a Metaverse NFT AI partner. Currently being minted by the community, the entire series has 9999 items. The current number of holders is 3335, with no trading information at the moment. The UI display of the image is decent and leans more toward an anime style. It is essential to stay updated on this NFT. 3.Popular DApps: zkSync (DApp) — Recently, zkSync’s interaction activity has consistently been at the top on Ethereum in terms of new users. According to the latest data from Dune, there are 686,000 unique wallet addresses on the zkSync Era mainnet, with 277,000 ETH bridged to zkSync and a total of 827,000 transfers. Bovada (DApp) — A popular gambling website with Similarweb showing monthly visits of up to 30.5 million, with more than 99% of traffic coming from the United States. It is a casino that combines sports betting, poker, and slot machines. Gambling websites typically have large traffic, and some user demographics align with crypto users. Mev Bot (Other) — Memecoin hype is showing signs of recovery, and Mevbot has become a major contributor to Gas consumption on the ETH chain. Generally, the deeper the token liquidity pool, the lower the slippage when trading tokens, and the lower the probability of MEV attacks. The reverse is also true. When trading memecoins, it is essential that users set a good trading slippage to ensure successful token purchases and avoid attacks by MEV Bot. Pixels Game (DApp) — Pixels is a pixel-style, interactive Web3 farming game. In the game, players can use memecoins like PEPE to purchase fertilizer. Recently, several in-game parties were held in collaboration with other projects, stimulating daily activity. OSEA Bridge (DApp) — Omnisea’s testnet cross-chain bridge is a project offering cross-chain services for NFT assets. Currently, the overall NFT sector lacks attention, leading to fewer use cases for the project and a lower user volume. However, this project continues to develop during the bear market, and its cross-chain functionality may have potential real-world applications in the future. It is essential to stay updated on this project. Guildxyz (DApp) — It has recently been conducting a promotion called “Pined” in the community, aiming to find the largest Web3 community. Currently, the project partners cooperating with Guildxyz include Stargate and Zetachain, helping their communities with joint publicity. Layerswap (DApp) — This platform supports users in transferring assets across EVM chains such as Arbitrum, OP, Zksync, Starknet, and Polygon. It also enables transfers from CEX accounts to Polygon and provides compensation for Matic gas fees. The project boasts a high level of community interaction and a solid user base, making it an essential project to stay updated on. Stargate (DApp) — The project has recently completed a total of $10 billion in on-chain transfers and transactions. Stargate’s Farming pool provides single-token staking functionality for various stablecoins and mainstream tokens, providing a steady income. Its interaction data is in a leading position on Arbitrum. 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. It has recently started collaborating closely with Canto. Projects in the Canto ecosystem can complete asset transfers to the EVM ecosystem, which is a significant benefit to the Canto ecosystem. Alien Worlds (DApp) — A space exploration game developed by Dacoco GmbH on the WAX chain. Alien Worlds provides players with land ownership, deployment tools, soldiers, and weapons, as well as customizing exclusive game characters. It is currently a multi-chain NFT DeFi metaverse game that supports Ethereum, WAX, and BSC. The project is active on Twitter, with a CEO-level AMA event yesterday with Dacoco.io, which garnered significant attention in the community. SLM Games (DApp) — A crypto-based gambling platform that spans multiple chains, including BTC and ETH. There are currently six types of games, and the project has 523 followers on Twitter. It recently published an update regarding token empowerment, facilitating the transfer and access of user assets on the platform. It is essential to stay updated on this project. DexView (DApp) — A one-stop DEX token trading and market sentiment website, with 2580 members on Telegram (150+ online). Recently, the market sentiment for speculative memecoins is good, which may lead to an increase in the number of users for such websites, making it essential to stay updated on this project. CowSwap (DApp) — A DEX order match trading + yield aggregator. The project recently announced the CoW ecosystem rewards promotion. The first round will distribute more than US$100,000 to the CoW community, which has received good feedback. Additionally, CowSwap has completed the update for version 1.38.1 and has been open-sourced to the community. SeedX (DApp) — A decentralized trading platform with the vision of providing traders with a revolutionary trading experience. The project currently runs promotions but has only moderate attention. The content posted on the official Twitter account receives relatively little attention and engagement. However, the quality of its product is pretty good. It is essential to stay updated on SeedX. ParaSwap (DApp) — A decentralized exchange on Polygon. Recently, it has published two significant project updates: 1. The community proposal PSP-IP32 has been approved. The proposal aims to enhance the project’s gas efficiency and reduce usage costs; 2. ParaSwap has entered into a partnership with FlashFlow, as announced in its community. Saber (DApp) — Saber is a DeFi project on Solana. The progress of its ecosystem project is relatively slow. Although UAW rose by 21% yesterday, the base number was low with only 3315 users interacting. Overall, Solana’s ecosystem projects have relatively low interaction. It is essential to stay updated on this DApp. GMX (DApp) — GMX has recently completed the distribution of previous trading rewards, leading to a significant increase in the project’s UAW. Degis currently provides insurance support for GMX. The project continues to iterate. It is essential to stay updated on GMX. rhino.fi (DApp) — A cross-chain aggregator + DeFi project, currently running promotions. Through Rhino.fi, cross-chain transaction fees from ETH to the zKsync ecosystem are halved. The project also supports users in cross-chain asset operations from Arbitrum. Tap Fantasy (DApp) — The project has recently been promoting the new token $MC in the community, which operates on a P2E mechanism. In addition, the project is advertising MKT3DAO’s NFT sale activity in its community, which has drawn a significant level of attention. Link3 (DApp) — The protocol behind this product, CyberConnect, announced the launch of its native token CYBER. CyberConnect raised $5.4 million through its token sale on CoinList. A total of 532,000 users from 112 countries registered, and 11,540 participants participated in the token sale. Gelato (DApp) — Gelato Network is a protocol focused on automating Ethereum smart contracts. Essentially, it’s an execution-layer infrastructure and a powerful tool for Web3 developers, aiming to build a large and perfect smart contract robot system. When certain preset conditions are triggered (both on-chain and off-chain), the system captures the signal and automatically executes the corresponding operations of the smart contract as required. The token GEL has shown no significant fluctuations recently. It is essential to observe this project. 4.Twitter Hot Topics: TENET (Token) — Tenet is an EVM Layer-1 network focused on DeFi, providing liquidity and earning opportunities for Liquidity Sensitive Deposits (LSDs). It has been recently listed on multiple CEXs, increasing user attention. Both the token’s price and trading volume have seen growth. ARB (Token) — On May 27, the EIP candidate for the Cancun upgrade was confirmed, which is a significant positive development for Layer 2. This includes ARB, OP, and top projects within the ecosystem, all of which have seen growth. 5.Regional Trending Searches: Bitcoin (Token) — According to US media reports on May 28th, representatives of the White House and Republicans in the US have reached a preliminary agreement on the debt ceiling issue. Subsequently, Bitcoin (BTC) started to rise, moving from US$26,000 back to US$28,000 again. Ethereum (ETH) also followed the rise. Some altcoins, which experienced a significant drop earlier, had a strong rebound, such as ARB speculating on the Cancun concept, and EDU which recently released positive news regarding NFTs. It is essential to observe whether BTC can stabilize above US$27,500. If it can maintain this level, there is a chance that a more sustained rebound may occur in the market. Main Body Written by: Bitget Research Data collection time: May 29, 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: 359,830 New active users of ETH: 67,842, with a daily decrease of 9.43% Existing active users of ETH: 291,988, with a daily decrease of 10.30% 1.1.2 New User Profile Core data: There were a total of 67,842 new active users on ETH yesterday, with a daily decrease of 9.43% Popular Sectors Popular Projects Key Projects: zkSync (DApp) — Recently, zkSync’s interaction activity has consistently been at the top on Ethereum in terms of new users. According to the latest data from Dune, there are 686,000 unique wallet addresses on the zkSync Era mainnet, with 277,000 ETH bridged to zkSync and a total of 827,000 transfers. Bovada (DApp) — A popular gambling website with Similarweb showing monthly visits of up to 30.5 million, with more than 99% of traffic coming from the United States. It is a casino that combines sports betting, poker, and slot machines. Gambling websites typically have large traffic, and some user demographics align with crypto users. 1.1.3 Existing User Profile Core data: The number of ETH active existing users is 291,988, with a daily decrease of 10.30% Popular Sectors Popular Projects Key Projects: Mev Bot (Other) — Memecoin hype is showing signs of recovery, and Mevbot has become a major contributor to Gas consumption on the ETH chain. Generally, the deeper the token liquidity pool, the lower the slippage when trading tokens, and the lower the probability of MEV attacks. The reverse is also true. When trading memecoins, it is essential that users set a good trading slippage to ensure successful token purchases and avoid attacks by MEV Bot. XANA (NFT) — This project is a Metaverse NFT AI partner. Currently being minted by the community, the entire series has 9999 items. The current number of holders is 3335, with no trading information at the moment. The UI display of the image is decent and leans more toward an anime style. It is essential to stay updated on this NFT. https://opensea.io/collection/xana-genesis 1.2 Popular Trading Pairs 1.2.1 Uniswap V2 BIAO (Token) — This is a memecoin that had its TGE just a day ago. Its contract has potential mint and blacklist functions. The 24-hour trading volume is currently at US$58.4 million, but almost US$30 million was completed by MEV Bot, and there are only 267 unique participants in the project. The total market cap of the project is currently at US$150 million, while the liquidity pool depth is at US$180,000. The token’s trend is highly controlled, indicating that participation comes with certain risks. https://dexscreener.com/ethereum/0x61d3d506f67bee7917c222d0ce0b873f2a6c78f2 MOGUTO (Token) — This is a memecoin from the Mushroom Head community. It launched on DEX after its TGE yesterday, and plummeted after a short pump, resulting in an unrealized loss for holders. The token contract is secure, with a fully diluted valuation of US$270,000, liquidity pool depth of US$52,000, and trading volume of US$5.8 million. It is essential to observe its performance and whether there is any capital inflow that could trigger a second upward price movement. https://dexscreener.com/ethereum/0x2a683953b4db436e9290ad97a59e63178cca26fe 0xM (Token) — 0xmeme’s trend is relatively weak. It experienced a short pump after its TGE and then plummeted. Currently, its 24-hour trading volume is US$2.3 million. The token’s price decline is rather severe, requiring a capital inflow to create a second upward price movement. https://dexscreener.com/ethereum/0x0b264fb1404b691f1853d1cc1c03357916ab39bc 1.2.2 Uniswap V3 RFD (Token) — Refund Coin was launched by the CryptoPunk NFT billionaire blurr.eth. The blurr account holds assets worth more than US$20 million on-chain. The project’s current on-chain liquidity is US$13.1 million, and the trading volume in the last 24 hours is US$9 million, with 814 unique participants. The token has been listed on Bitget. https://www.bitget.com/en/spot/RFDUSDT_SPBL?type=spot AGB (Token) — Apes Go Bananas is a memecoin driven by BAYC and HAPE, with a potentially high ceiling. The token currently has a 24-hour trading volume of US$5.1 million, 837 unique participants, on-chain liquidity of US$800,000, and a fully diluted valuation of US$11.7 million. AGB just had its TGE 12 days ago and is currently experiencing positive momentum. It is essential to stay updated on this token. https://dexscreener.com/ethereum/0x4ec7d47cfd3f35e47b86f9eaa31cb9d3ee1e801a 2.Blockchain Profile — BSC Chain 2.1 User Profile 2.1.1 Core Data Total active users on BSC: 1,229,239 New active users on BSC: 175,917, with a daily increase of 4.69% Existing active users on BSC: 1,053,322, with a daily decrease of 4.73% 2.1.2 New User Profile Core data: There were a total of 175,917 new active users on BSC yesterday, with a daily increase of 4.69% Popular Sectors Popular Projects Key Projects: BTC.b (Token) — Issued by Layerzero, BTC.b is an multi-chain asset, pegged to Bitcoin, and currently released on the BSC chain. Trader Joe subsequently announced that it will provide trading liquidity for BTC.b. Layerzero’s multi-chain assets can better integrate Bitcoin assets into the EVM ecosystem, offering a wide range of use cases. It is essential to stay updated on this token. 2.1.3 Existing User Profile Core data: The number of BSC active existing users is 1,053,322, with a daily decrease of 4.73% Popular Sectors Popular Projects Key Projects: FIFA Claim Contract (Token) — Based on the on-chain interactions, users can apply to the project to obtain FIFA tokens, with the claim value currently around US$3–4. A large number of claims have resulted in a significant drop in the token’s value, with a 14% decrease in the last 24 hours. Participation in the project can yield corresponding rewards, making it an essential token to stay updated on. https://dexscreener.com/bsc/0xe39205c594f551c1ea0f6230c06cb34d10b1c46a 2.2 Popular Trading Pairs 2.2.1 PancakeSwap V2 LOYAL (0x4d44, Token) — The contract has potential mint and blacklist functions, and the token’s TGE was two days ago. The current 24-hour trading volume is US$14.3 million, but there are only 311 unique participants. The project’s total market cap is US$1.29 billion, which is quite high. The liquidity pool is only US$229,000, making the token’s price easy to manipulate. AiONE (Token) — A platform for AI as a Service (AIaaS) that has raised US$3 million in private funding. Its financing information has been published on the U.today website and on Twitter. The website appears to be professionally designed, and the platform already has usable products. The token has performed well in the past few days, with a 24-hour trading volume of US$1.1 million. The total market cap of the project is US$80.8 million, indicating limited upward movement in the price. It is essential to stay updated on this token. https://dexscreener.com/bsc/0x9019e812a436003ad2c515492cffb784937ab2aa LOVE (Token) — This project is promoted by influencer @M4573RCH. Whitelisting is secured by sending 0 ETH to his address, and the current number of potential whitelist participants exceeds 10,000. The project is confirmed to be issued on the Ethereum mainnet. On the other hand, Love token on the BSC does not have a clear endorsement from the project team. Even though the 24-hour trading volume is US$45 million, there are only 1516 participants, indicating the possibility of a fake trading volume. This token could be a rug pull scheme. Participation is not recommended. https://dexscreener.com/bsc/0xb8da5da98cab996eb5721f23147aa4c5421f08bf 3.Blockchain Profile — Polygon Chain 3.1 User Profile 3.1.1 Core Data Total active users on Polygon: 412,758 New active users on Polygon: 111,947, with a daily increase of 4.61% Existing active users on Polygon: 300,811, with a daily decrease of 13.35% 3.1.2 New User Profile Core data: There were a total of 111,947 new active users on Polygon yesterday, with a daily increase of 4.61% Popular Sectors Popular Projects Key Projects: Pixels Game (DApp) — Pixels is a pixel-style, interactive Web3 farming game. In the game, players can use memecoins like PEPE to purchase fertilizer. Recently, several in-game parties were held in collaboration with other projects, stimulating daily activity. OSEA Bridge (DApp) — Omnisea’s testnet cross-chain bridge is a project offering cross-chain services for NFT assets. Currently, the overall NFT sector lacks attention, leading to fewer use cases for the project and a lower user volume. However, this project continues to develop during the bear market, and its cross-chain functionality may have potential real-world applications in the future. It is essential to stay updated on this project. 3.1.3 Existing User Profile Core Data: The number of Polygon active existing users is 300,811, with a daily decrease of 13.35% Popular Sectors Popular Projects Key Projects: Guildxyz (DApp) — It has recently been conducting a promotion called “Pined” in the community, aiming to find the largest Web3 community. Currently, the project partners cooperating with Guildxyz include Stargate and Zetachain, helping their communities with joint publicity. 3.2 Popular Trading Pairs 3.2.1 Uniswap V3 Duckies (Token) — The token has a liquidity pool of only US$17,000, basically unable to bear any funds from projects and users. The token’s price effectiveness is relatively low. It is not recommended to participate. 4.Blockchain Profile — Arbitrum Chain 4.1 User Profile 4.1.1 Core Data Arbitrum Active Users: 191,764 Arbitrum New Active Users: 44,019, with a daily decrease of 7.14% Arbitrum Existing Active Users: 147,745, with a daily decrease of 4.79% 4.1.2 New User Profile Core data: There were a total of 44,019 new active users on Arbitrum yesterday, with a daily decrease of 7.14% Popular Sectors Popular Projects Key Projects: Layerswap (DApp) — This platform supports users in transferring assets across EVM chains such as Arbitrum, OP, Zksync, Starknet, and Polygon. It also enables transfers from CEX accounts to Polygon and provides compensation for Matic gas fees. The project boasts a high level of community interaction and a solid user base, making it an essential project to stay updated on. Stargate (DApp) — The project has recently completed a total of $10 billion in on-chain transfers and transactions. Stargate’s Farming pool provides single-token staking functionality for various stablecoins and mainstream tokens, providing a steady income. Its interaction data is in a leading position on Arbitrum. 4.1.3 Existing User Profile Core data: The number of Arbitrum active existing users is 147,745, with a daily decrease of 4.79% 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. It has recently started collaborating closely with Canto. Projects in the Canto ecosystem can complete asset transfers to the EVM ecosystem, which is a significant benefit to the Canto ecosystem. 4.2 Popular Trading Pairs 4.2.1 Uniswap V3 Pepemoon (Token) — A PEPE-related memecoin with a contract that has a blacklist function. The current 24-hour trading volume of the token is US$220,000, and the liquidity pool is US$290,000. However, the total market cap is US$ 10.1 million. Although the token’s rise seems favorable, its trend is mainly influenced by the project party’s trading, indicating a higher risk for participation. https://dexscreener.com/arbitrum/0xbdbd504666b0d80796d5d4a321683a9fbae45c2d 5.DApp Ecosystem — All Chains Alien Worlds (DApp) — A space exploration game developed by Dacoco GmbH on the WAX chain. Alien Worlds provides players with land ownership, deployment tools, soldiers, and weapons, as well as customizing exclusive game characters. It is currently a multi-chain NFT DeFi metaverse game that supports Ethereum, WAX, and BSC. The project is active on Twitter, with a CEO-level AMA event yesterday with Dacoco.io, which garnered significant attention in the community. SLM Games (DApp) — A crypto-based gambling platform that spans multiple chains, including BTC and ETH. There are currently six types of games, and the project has 523 followers on Twitter. It recently published an update regarding token empowerment, facilitating the transfer and access of user assets on the platform. It is essential to stay updated on this project. 6.DApp Ecosystem — ETH Chain DexView (DApp) — A one-stop DEX token trading and market sentiment website, with 2580 members on Telegram (150+ online). Recently, the market sentiment for speculative memecoins is good, which may lead to an increase in the number of users for such websites, making it essential to stay updated on this project. CowSwap (DApp) — A DEX order match trading + yield aggregator. The project recently announced the CoW ecosystem rewards promotion. The first round will distribute more than US$100,000 to the CoW community, which has received good feedback. Additionally, CowSwap has completed the update for version 1.38.1 and has been open-sourced to the community. 7.DApp Ecosystem — BSC Chain SeedX (DApp) — A decentralized trading platform with the vision of providing traders with a revolutionary trading experience. The project currently runs promotions but has only moderate attention. The content posted on the official Twitter account receives relatively little attention and engagement. However, the quality of its product is pretty good. It is essential to stay updated on SeedX. 8.DApp Ecosystem — Polygon Chain ParaSwap (DApp) — A decentralized exchange on Polygon. Recently, it has published two significant project updates: 1. The community proposal PSP-IP32 has been approved. The proposal aims to enhance the project’s gas efficiency and reduce usage costs; 2. ParaSwap has entered into a partnership with FlashFlow, as announced in its community. 9.DApp Ecosystem — WAX Chain UAW of WAX ecosystem projects generally fluctuates within the normal range. 10.DApp Ecosystem — Solana Chain Saber (DApp) — Saber is a DeFi project on Solana. The progress of its ecosystem project is relatively slow. Although UAW rose by 21% yesterday, the base number was low with only 3315 users interacting. Overall, Solana’s ecosystem projects have relatively low interaction. It is essential to stay updated on this DApp. 11.DApp Ecosystem — Arbitrum Chain GMX (DApp) — GMX has recently completed the distribution of previous trading rewards, leading to a significant increase in the project’s UAW. Degis currently provides insurance support for GMX. The project continues to iterate. It is essential to stay updated on GMX. rhino.fi (DApp) — A cross-chain aggregator + DeFi project, currently running promotions. Through Rhino.fi, cross-chain transaction fees from ETH to the zKsync ecosystem are halved. The project also supports users in cross-chain asset operations from Arbitrum. 12.DApp Ecosystem — GameFi Sector Across All Chains Tap Fantasy (DApp) — The project has recently been promoting the new token $MC in the community, which operates on a P2E mechanism. In addition, the project is advertising MKT3DAO’s NFT sale activity in its community, which has drawn a significant level of attention. 13.Gas Fee Consumption — ETH Chain zkSync (DApp) — Recently, zkSync’s interaction activity has consistently been at the top on Ethereum in terms of new users. According to the latest data from Dune, there are 686,000 unique wallet addresses on the zkSync Era mainnet, with 277,000 ETH bridged to zkSync and a total of 827,000 transfers. 14.Gas Fee Consumption — BSC Chain Link3 (DApp) — The protocol behind this product, CyberConnect, announced the launch of its native token CYBER. CyberConnect raised $5.4 million through its token sale on CoinList. A total of 532,000 users from 112 countries registered, and 11,540 participants participated in the token sale. 15.Gas Fee Consumption — Polygon Chain XEN (Token, DApp) — Currently, several XEN-related contract addresses appear in the top 10 on Polygon Gas consumption, including RobotXEN, Cointool, and MCTXenft tools that can batch mint XEN, resulting in higher gas usage. XEN has created its own mini-ecosystem, including XENFT, XEN Torrent, DBXEN, and Xenlon. Multiple projects in the XEN ecosystem revolve around the core interaction of “burning XEN.” 16.Gas Fee Consumption — Arbitrum Chain Gelato (DApp) — Gelato Network is a protocol focused on automating Ethereum smart contracts. Essentially, it’s an execution-layer infrastructure and a powerful tool for Web3 developers, aiming to build a large and perfect smart contract robot system. When certain preset conditions are triggered (both on-chain and off-chain), the system captures the signal and automatically executes the corresponding operations of the smart contract as required. The token GEL has shown no significant fluctuations recently. It is essential to observe this project. 17.Twitter Trends Token Top 20 TENET (Token) — Tenet is an EVM Layer-1 network focused on DeFi, providing liquidity and earning opportunities for Liquidity Sensitive Deposits (LSDs). It has been recently listed on multiple CEXs, increasing user attention. Both the token’s price and trading volume have seen growth. ARB (Token) — On May 27, the EIP candidate for the Cancun upgrade was confirmed, which is a significant positive development for Layer 2. This includes ARB, OP, and top projects within the ecosystem, all of which have seen growth. 18.Google Trends — Global Bitcoin (Token) — According to US media reports on May 28th, representatives of the White House and Republicans in the US have reached a preliminary agreement on the debt ceiling issue. Subsequently, Bitcoin (BTC) started to rise, moving from US$26,000 back to US$28,000 again. Ethereum (ETH) also followed the rise. Some altcoins, which experienced a significant drop earlier, had a strong rebound, such as ARB speculating on the Cancun concept, and EDU which recently released positive news regarding NFTs. It is essential to observe whether BTC can stabilize above US$27,500. If it can maintain this level, there is a chance that a more sustained rebound may occur in the market. 19.Google Trends Surge — East Asia, South Asia, Southeast Asia, Hong Kong, Macau, and Taiwan a) South Asia Region India Trending Tokens: XEN, COCOS, EGLD Pakistan Trending Tokens: BTC, DCA b) Southeast Asia Region Indonesia Trending Keywords: Crypto faucet, Crypto laws in Islam, learn crypto, bitcoin price Malaysia Trending Keywords: binance, what is crypto, coinmarketcap Thailand Trending Keywords: crypto bubble, crypto news Philippines Trending Tokens: ETH, XRP, LUNA c) East Asia and Hong Kong, Macau, and Taiwan Trending Keywords: crypto wallet, crypto news, crypto in Chinese, bitcoin price 20.Google Trends Surge — English-speaking Countries, Europe, CIS Region a) CIS Region Trending Keywords: Dune Crypto b) English-speaking Countries Canada Trending Tokens: XRP, ADA, LUNA UK Trending Tokens: CAKE, BTC, GALA, JASMY USA Trending Tokens: AIDOGE, SYLO Australia Trending Tokens: MATIC, VRA, SLO, ADA c) Europe Spain Trending Tokens: SPONGE, SOL, AIDOGE, ADA, MULTI France Trending Tokens: GST, BTC, XRP, WOJAK, MULTI, TOMO Germany Trending Tokens: SHIB, MATIC, SOL, BTC Italy Trending Tokens: ADA, AUTO, AVAX, MULTI, MASK, BNB Poland Trending Tokens: SHIB, PEPE Switzerland Trending Keywords: crypto news, coinmarketcap Turkey Trending Keywords: crypto kemal, tradingview, crypto market 21.Google Trends Surge — Middle East, Latin America, Africa a) Africa Trending Keywords: Crypto news, bomb crypto, bubble crypto Trending Tokens: BTC b) Middle East Trending Keywords: Coinbase, crypto news Trending Tokens: SHIB c) Latin America Brazil Trending Keywords: coinmarketcap, fireplace, crypto faucet, crypto reddit, binance Argentina Trending Keywords: crypto nexus, crypto shop Mexico Trending Tokens: LUNA

Bitget Research: Macro Uncertainty Leads to Market Downturn, BTC Tests $26,000 Support Level

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: SHANG (Token) — Named after Shanghai Inu, SHANG is a memecoin representing a futuristic cyborg hybrid dog. It possesses AI services, Liquid Staking, NFT, and P2E features. After experiencing a 5x increase yesterday, it is currently fluctuating at a high level. Its 24-hour trading volume is US$6 million, with a market cap of US$4 million. WAGMI (Token) — Originated from the phrase commonly seen on the internet, “we are gonna make it.” Vitalik Buterin was spotted wearing a T-shirt with this phrase at the Montenegro Conference not long ago. The token continued to fall after intense hype and has been consolidating at the bottom for several days. It experienced a rebound yesterday, doubling in value. Its 24-hour trading volume is US$5 million, with a market cap of US$8.3 million. BEN (Token) — A meme project initiated by Ben.eth, later acquired by the staking platform owner, Ben Armstrong. The token recently benefited from PSYOP’s pump, reaching an all-time high. Its market cap is nearing US$100 million, with a 24-hour trading volume of US$33 million. MRF (Token) — A memecoin related to the message “MR F WAS HERE” in the first block after the Ethereum Beacon Chain was launched in 2020. Created by MR F, the creator of the block, this token is known for its large initial liquidity pool. Upon launch, it experienced substantial hype, with a high market cap reaching US$45 million. Currently, the price has seen a significant decrease, with the market cap reduced to US$6.3 million and a 24-hour trading volume of US$23 million. AiONE (Token) — A platform for AI as a Service (AIaaS) that has raised US$3 million in private funding. Its financing information has been published on the U.today website and on Twitter. The website appears to be quite professionally done, and there’s already a usable product. The on-chain transactions in the past 24 hours have reached 34,900, with a trading volume of US$1.28 million. There are no apparent risks in the contract. AI PEPE KING (Token) — A PEPE replica on Polygon chain, launched through an airdrop, with a 24-hour trading volume of $4,900. Due to the airdrop on the Polygon network, the cost of interaction is relatively low. On-chain data indicate relatively high activity, but the actual popularity is moderate. SHAKA (DApp) — A new meme project on Arbi. The contract has trading pause and blacklist functions. The project was launched via an airdrop, and blue-chip token holders from ecosystems like Arb, Magic, and GMX can claim the airdrop. The price currently remains high with a 24-hour trading volume of US$1.14 million and a market cap of US$1.46 million. DMT (Token) — This newly launched NFT retro game is experiencing high market popularity. As a new project with no additional sell-off pressure, it has imposed a 25% sales tax. The token’s price increased substantially in the early stages of hype, but with the project team’s cancellation of the sell tax, significant price fluctuations have occurred. The 24-hour trading volume is US$1.46 million, with a market cap of US$13.39 million. GMD (Token) — This is a DeFi protocol on Arb. Its launchpad platform had two successful projects consecutively, with high price increases. One of them is the recently incubated project by the project team, Ghast, a leverage protocol. The token price shows a strong upward trend, bringing additional leveraged mining income to the protocol. As a result, the token’s value was discovered by the market, with the price increasing by 50% in the past two days, and a 24-hour trading volume of US$1.03 million. 2.Popular NFTs: RSTLSS (NFT) — A project team enabling wearable gear for the future, primarily involved in Web3, Gaming, and Social sectors. Today, they released a collaborative NFT with RSTLSS and Claire Silver, totaling 1470 items. Currently, there are 1000 unique holders, with a floor price of 0.162 ETH, and the total trading volume is 9 ETH. Draftkings (NFT) — A gaming and sports betting website. The US Golf PGA Tour has recently started, and users can purchase corresponding passes to enjoy corresponding benefits. The on-chain minting is very hot and the project previously created NFT passes for football. 3.Popular DApps: Coinbase (DApp) — The contract of the Coinbase wallet currently ranked among the top interactions for new users on the Ethereum network, indicating a significant number of on-chain active users. Recently, Coinbase’s subsidiary Layer2 network, Base, released its mainnet roadmap, signaling preparations for the launch of the mainnet. The release criteria include proving the stability of the testnet, successful upgrade of Bedrock, and completion of internal reviews and external audits. It’s important to note that Base does not plan to issue a token. After the generation of the genesis block of the mainnet, the Genesis Window will open for developers to deploy DApps on the Base mainnet. Given Coinbase’s exchange users, it is anticipated that Base L2 will attract a decent potential user base. Uniswap (DApp) — The contract of the Uniswap router stands at the forefront of all DEXs on Ethereum, far exceeding 1inch, Metamask, and 0X by several times. Due to the prevalence of MEV Bot, aggregator routes are prone to be targeted by MEV Bot for arbitrage. It’s easier for old users to avoid sandwich attacks by trading directly through Uniswap. 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. Yesterday, the project team initiated an AMA and is about to launch NFTs and other products. There is certain hype around EDU in the market, and it has risen against the trend by 7% in the past 24 hours, with a trading volume of US$120 million. 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. Last week, the project announced a $15 million bug bounty program in collaboration with Immunefi. Recently, rumors in the community suggested that LayerZero had taken a snapshot for airdrop, but this was later denied by the official team. The daily on-chain interactions hit a historic high in May, with over 285,000 transfers in a single day, showing a high level of activity. 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. Lens (DApp) — Lens Protocol Profile, a leading on-chain social platform, is rumored to launch its token and conduct an airdrop to users in June. However, this news has not been confirmed. As a result, there has been an increase in NFT trading activity on the platform. Users are advised to stay tuned for updates on its ecosystem projects such as Phaver, Lenster, and Orb. WOOFi (DApp) — A decentralized exchange launched by WOO X. It provides users with the best unilateral passive income and the most powerful cross-chain exchange function. Its main modules include Swap, Earn, Stake, and an order book-style decentralized exchange. The project’s most recent audit was in October 2022. According to DeFiLlama data, the current total TVL of WOOFi is US$20.33 million, mainly formed by the staking of WOO tokens. MetaMask Swap (DApp) — The activity level of the DEX trading aggregator built into MetaMask continues to rise. Benefiting from a large user base, the number of unique addresses conducting transactions on MetaMask has reached 1.742 million, with a total of 15.75 million interactions. The estimated total revenue is US$207 million, with this week’s revenue at US$383,000. One World Nation (DApp) — This is a global gaming platform, notable for its flagship game, Crypto Fantasy. This fantasy crypto portfolio game allows players to earn stablecoin rewards using NFTs called Cryptonites, which are based on real-world cryptocurrencies like BTC, ETH, BNB, SOL, and others. Each token has a limited Genesis NFT collection, which players can breed to create additional NFTs. These NFTs can be freely traded on the platform’s market or loaned to other players for daily passive income. In Crypto Fantasy, players can create a five-person team, which includes power-boosting knights and guards. The game allows players to rank based on the performance of their fantasy crypto portfolio in real matches, thereby becoming masters of the volatile crypto market. The platform also offers other games such as predictions, lottery rewards, and slots, where players can win up to US$3500 in USDC daily. Gelato (DApp) — Gelato Network is a protocol focused on automating Ethereum smart contracts. Essentially, it’s an execution-layer infrastructure and a powerful tool for Web3 developers, aiming to build a large and perfect smart contract robot system. When certain preset conditions are triggered (both on-chain and off-chain), the system captures the signal and automatically executes the corresponding operations of the smart contract as required. The token GEL has shown no significant fluctuations recently. It is essential to observe this project. 4.Twitter Hot Topics: UMEE (Token) — UMEE is a protocol that prioritizes compilable and secure blockchain lending. The project’s token, UMEE, is currently promoting its Liquid Staking feature, and Stride has launched staking services for this token, offering a staking annual percentage yield (APY) of up to 17.5%. UMEE increased by 5.63% today, with a total market trading volume of $690,000, indicating moderate popularity. 5.Regional Trending Searches: ARPA (Token) — The project is in the phase of development. It recently completed the building of a random number generator. After the first phase of the testnet, it optimized the network, fixed bugs, and conducted tests on the second phase of the testnet. Currently, the ARPA BLS-TSS network interacts with Ethereum Sepolia 200,000 times a day. The mainnet will be launched soon. There is a strong willingness to speculate on the project, with the ARPA token rising 30% in 24 hours, and the total market trading volume reaching a staggering $680 million in 24 hours. The community’s enthusiasm for speculation is very high. ADA (Token) — ADA is currently promoting SPO-Poll’s launch on the mainnet, which can help ADA achieve more open and transparent community bid governance. The proposal has garnered significant attention from the ADA community and was retweeted by the Cardano Foundation, making it one of the most important recent events in the ADA ecosystem. Main Body Written by: Bitget Research Data collection time: May 25, 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: 394,346 New active users of ETH: 70,962, with a daily decrease of 3.74% Existing active users of ETH: 323,384, with a daily decrease of 0.40% 1.1.2 New User Profile Core data: There were a total of 70,962 new active users on ETH yesterday, with a daily decrease of 3.74% Popular Sectors Popular Projects Key Projects: Coinbase (DApp) — The contract of the Coinbase wallet currently ranked among the top interactions for new users on the Ethereum network, indicating a significant number of on-chain active users. Recently, Coinbase’s subsidiary Layer2 network, Base, released its mainnet roadmap, signaling preparations for the launch of the mainnet. The release criteria include proving the stability of the testnet, successful upgrade of Bedrock, and completion of internal reviews and external audits. It’s important to note that Base does not plan to issue a token. After the generation of the genesis block of the mainnet, the Genesis Window will open for developers to deploy DApps on the Base mainnet. Given Coinbase’s exchange users, it is anticipated that Base L2 will attract a decent potential user base. 1.1.3 Existing User Profile Core data: The number of ETH active existing users is 323,384, with a daily decrease of 0.40% Popular Sectors Popular Projects Key Projects: Uniswap (DApp) — The contract of the Uniswap router stands at the forefront of all DEXs on Ethereum, far exceeding 1inch, Metamask, and 0X by several times. Due to the prevalence of MEV Bot, aggregator routes are prone to be targeted by MEV Bot for arbitrage. It’s easier for old users to avoid sandwich attacks by trading directly through Uniswap. 1.2 Popular Trading Pairs 1.2.1 Uniswap V2 SHANG (Token) — Named after Shanghai Inu, SHANG is a memecoin representing a futuristic cyborg hybrid dog. It possesses AI services, Liquid Staking, NFT, and P2E features. After experiencing a 5x increase yesterday, it is currently fluctuating at a high level. Its 24-hour trading volume is US$6 million, with a market cap of US$4 million. https://www.dextools.io/app/en/ether/pair-explorer/0xf0d417fc9fb2f1b6efe51b39db7ed60117dcd2e6 SAMO (Token) — After SAMO in the Solana ecosystem exploded yesterday, many imitations with the same name appeared on other chains. These tokens carry high risks, and investors should be cautious. WAGMI (Token) — Originated from the phrase commonly seen on the internet, “we are gonna make it.” Vitalik Buterin was spotted wearing a T-shirt with this phrase at the Montenegro Conference not long ago. The token continued to fall after intense hype and has been consolidating at the bottom for several days. It experienced a rebound yesterday, doubling in value. Its 24-hour trading volume is US$5 million, with a market cap of US$8.3 million. https://www.dextools.io/app/en/ether/pair-explorer/0xd6c2af244dd56db3c9d276808eda8b5fb040007b 1.2.2 Uniswap V3 BEN (Token) — A meme project initiated by Ben.eth, later acquired by the staking platform owner, Ben Armstrong. The token recently benefited from PSYOP’s pump, reaching an all-time high. Its market cap is nearing US$100 million, with a 24-hour trading volume of US$33 million. https://www.dextools.io/app/en/ether/pair-explorer/0xdce93ed9ae7c53143e19cf799d156b72d1cc2777 MRF (Token) — A memecoin related to the message “MR F WAS HERE” in the first block after the Ethereum Beacon Chain was launched in 2020. Created by MR F, the creator of the block, this token is known for its large initial liquidity pool. Upon launch, it experienced substantial hype, with a high market cap reaching US$45 million. Currently, the price has seen a significant decrease, with the market cap reduced to US$6.3 million and a 24-hour trading volume of US$23 million. https://www.dextools.io/app/en/ether/pair-explorer/0xdb1d1c9a42e3d10717c415bd06853ea7ae818823 2.Blockchain Profile — BSC Chain 2.1 User Profile 2.1.1 Core Data Total active users on BSC: 1,416,857 New active users on BSC: 195,513, with a daily decrease of 5.18% Existing active users on BSC: 1,221,344, with a daily decrease of 3.42% 2.1.2 New User Profile Core data: There were a total of 195,513 new active users on BSC yesterday, with a daily decrease of 5.18% 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. Yesterday, the project team initiated an AMA and is about to launch NFTs and other products. There is certain hype around EDU in the market, and it has risen against the trend by 7% in the past 24 hours, with a trading volume of US$120 million. 2.1.3 Existing User Profile Core data: The number of BSC active existing users is 1,221,344, with a daily decrease of 3.42% 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. Last week, the project announced a $15 million bug bounty program in collaboration with Immunefi. Recently, rumors in the community suggested that LayerZero had taken a snapshot for airdrop, but this was later denied by the official team. The daily on-chain interactions hit a historic high in May, with over 285,000 transfers in a single day, showing a high level of activity. 2.2 Popular Trading Pairs 2.2.1 PancakeSwap V2 AiONE (Token) — A platform for AI as a Service (AIaaS) that has raised US$3 million in private funding. Its financing information has been published on the U.today website and on Twitter. The website appears to be quite professionally done, and there’s already a usable product. The on-chain transactions in the past 24 hours have reached 34,900, with a trading volume of US$1.28 million. There are no apparent risks in the contract. On BSC, there are numerous fake tokens with identical names, posing a risk. These include popular ones like SAMO, PEPE, and NOMAD. Caution is advised. 3.Blockchain Profile — Polygon Chain 3.1 User Profile 3.1.1 Core Data Total active users on Polygon: 463,537 New active users on Polygon: 133,008, with a daily increase of 6.43% Existing active users on Polygon: 330,529, with a daily increase of 2.44% 3.1.2 New User Profile Core data: There were a total of 133,008 new active users on Polygon yesterday, with a daily increase of 6.43% 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. AI PEPE KING (Token) — A PEPE replica on Polygon chain, launched through an airdrop, with a 24-hour trading volume of $4,900. Due to the airdrop on the Polygon network, the cost of interaction is relatively low. On-chain data indicate relatively high activity, but the actual popularity is moderate. 3.1.3 Existing User Profile Core Data: The number of Polygon active existing users is 330,529, with a daily increase of 2.44% Popular Sectors Popular Projects Key Projects: Lens (DApp) — Lens Protocol Profile, a leading on-chain social platform, is rumored to launch its token and conduct an airdrop to users in June. However, this news has not been confirmed. As a result, there has been an increase in NFT trading activity on the platform. Users are advised to stay tuned for updates on its ecosystem projects such as Phaver, Lenster, and Orb. 3.2 Popular Trading Pairs 3.2.1 Uniswap V3 The main trading volume of Uni V3 on the Polygon network is contributed by mainstream tokens, with virtually no altcoins. 4.Blockchain Profile — Arbitrum Chain 4.1 User Profile 4.1.1 Core Data Arbitrum Active Users: 223,095 Arbitrum New Active Users: 44,737, with a daily decrease of 4.04% Arbitrum Existing Active Users: 178,358, with a daily decrease of 4.99% 4.1.2 New User Profile Core data: There were a total of 44,737 new active users on Arbitrum yesterday, with a daily decrease of 4.04% Popular Sectors Popular Projects Key Projects: Dabidou (NFT) — This is a meme project on Arbitrum, and its NFTs have been removed from Opensea. Tokens can be acquired by interacting with virtual crypto giants within the project, but overall popularity is average. 4.1.3 Existing User Profile Core data: The number of Arbitrum active existing users is 178,358, with a daily decrease of 4.99% Popular Sectors Popular Projects Key Projects: SHAKA (DApp) — A new meme project on Arbi. The contract has trading pause and blacklist functions. The project was launched via an airdrop, and blue-chip token holders from ecosystems like Arb, Magic, and GMX can claim the airdrop. The price currently remains high with a 24-hour trading volume of US$1.14 million and a market cap of US$1.46 million. https://www.dextools.io/app/en/arbitrum/pair-explorer/0x765d9715986327422fb0308e6e75d06adfcc3b0f 4.2 Popular Trading Pairs 4.2.1 Uniswap V3 DMT (Token) — This newly launched NFT retro game is experiencing high market popularity. As a new project with no additional sell-off pressure, it has imposed a 25% sales tax. The token’s price increased substantially in the early stages of hype, but with the project team’s cancellation of the sell tax, significant price fluctuations have occurred. The 24-hour trading volume is US$1.46 million, with a market cap of US$13.39 million. GMD (Token) — This is a DeFi protocol on Arb. Its launchpad platform had two successful projects consecutively, with high price increases. One of them is the recently incubated project by the project team, Ghast, a leverage protocol. The token price shows a strong upward trend, bringing additional leveraged mining income to the protocol. As a result, the token’s value was discovered by the market, with the price increasing by 50% in the past two days, and a 24-hour trading volume of US$1.03 million. 5.DApp Ecosystem — All Chains SLM Games (DApp) — A crypto-based gambling platform that spans multiple chains, including BTC and ETH. There are currently six types of games, and the project has 513 followers on Twitter. SLM joined the OKX chain on April 18th. It had frequent promotions in May, but overall popularity is average. WOOFi (DApp) — A decentralized exchange launched by WOO X. It provides users with the best unilateral passive income and the most powerful cross-chain exchange function. Its main modules include Swap, Earn, Stake, and an order book-style decentralized exchange. The project’s most recent audit was in October 2022. According to DeFiLlama data, the current total TVL of WOOFi is US$20.33 million, mainly formed by the staking of WOO tokens. 6.DApp Ecosystem — ETH Chain MetaMask Swap (DApp) — The activity level of the DEX trading aggregator built into MetaMask continues to rise. Benefiting from a large user base, the number of unique addresses conducting transactions on MetaMask has reached 1.742 million, with a total of 15.75 million interactions. The estimated total revenue is US$207 million, with this week’s revenue at US$383,000. 7.DApp Ecosystem — BSC Chain Meta Merge (DApp) — This is a collectible-type AIGC game on BSC, closely related to UltiverseDAO. It has 60,000 followers on Twitter, including 26 influencers. The project is very active on Twitter with frequent promotions. 8.DApp Ecosystem — Polygon Chain One World Nation (DApp) — This is a global gaming platform, notable for its flagship game, Crypto Fantasy. This fantasy crypto portfolio game allows players to earn stablecoin rewards using NFTs called Cryptonites, which are based on real-world cryptocurrencies like BTC, ETH, BNB, SOL, and others. Each token has a limited Genesis NFT collection, which players can breed to create additional NFTs. These NFTs can be freely traded on the platform’s market or loaned to other players for daily passive income. In Crypto Fantasy, players can create a five-person team, which includes power-boosting knights and guards. The game allows players to rank based on the performance of their fantasy crypto portfolio in real matches, thereby becoming masters of the volatile crypto market. The platform also offers other games such as predictions, lottery rewards, and slots, where players can win up to US$3500 in USDC daily. 9.DApp Ecosystem — WAX Chain Alcor.exchange (DApp) — It provides the fastest and cheapest transactions for EOS, WAX, TELOS, and PROTON. The project launched the Alcor Swap V2 version on April 24th and has significant popularity in the EOS and WAX ecosystems. 10.DApp Ecosystem — Solana Chain Orca (DApp) — A decentralized exchange built on Solana. It launched a new product on May 5 and has been running promotions frequently. However, the overall UWA data is low. Its future development is highly linked with the Solana ecosystem. 11.DApp Ecosystem — Arbitrum Chain ODOS (DApp) — A DEX aggregator that supports one-click token swapping. Recently, it has been expanding rapidly on Arbitrum, and it has partnered with Camelot, as well as VE (3,3) Dex ChronosFi, and integrated with their platform. Odos has aggregated most of the DEX pools on Arbi to find the best prices, resulting in high activity on the Arbitrum chain. 12.DApp Ecosystem — GameFi Sector Across All Chains Pixels Game (DApp) — Pixels is a pixel-style, interactive Web3 farming game. In the game, players can use memecoins like PEPE to purchase fertilizer. Recently, several in-game parties were held in collaboration with other projects, stimulating daily activity. 13.Gas Fee Consumption — ETH Chain RSTLSS (NFT) — A project team enabling wearable gear for the future, primarily involved in Web3, Gaming, and Social sectors. Today, they released a collaborative NFT with RSTLSS and Claire Silver, totaling 1470 items. Currently, there are 1000 unique holders, with a floor price of 0.162 ETH, and the total trading volume is 9 ETH. https://opensea.io/collection/rstlss-claire-silver 14.Gas Fee Consumption — BSC Chain Link3 (DApp) — The protocol behind this product, CyberConnect, announced the launch of its native token CYBER. CyberConnect raised $5.4 million through its token sale on CoinList. A total of 532,000 users from 112 countries registered, and 11,540 participants participated in the token sale. Stargate (DApp) — Twitter user zhouzhou tweeted that there seems to be a bug in the Stargate cross-chain bridge, which a certain whale is exploiting to earn $1000 — $2000 with each cross-chain transaction. However, later on, smart contract developer 0xlittledevil tweeted that this user’s behavior is actually in line with the Stargate protocol and is helping with pool rebalancing. 15.Gas Fee Consumption — Polygon Chain Draftkings (NFT) — A gaming and sports betting website. The US Golf PGA Tour has recently started, and users can purchase corresponding passes to enjoy corresponding benefits. The on-chain minting is very hot and the project previously created NFT passes for football. https://opensea.io/collection/draftkings-2022-reignmakers-football-field-pass 16.Gas Fee Consumption — Arbitrum Chain Gelato (DApp) — Gelato Network is a protocol focused on automating Ethereum smart contracts. Essentially, it’s an execution-layer infrastructure and a powerful tool for Web3 developers, aiming to build a large and perfect smart contract robot system. When certain preset conditions are triggered (both on-chain and off-chain), the system captures the signal and automatically executes the corresponding operations of the smart contract as required. The token GEL has shown no significant fluctuations recently. It is essential to observe this project. 17.Twitter Trends Token Top 20 UMEE (Token) — UMEE is a protocol that prioritizes compilable and secure blockchain lending. The project’s token, UMEE, is currently promoting its Liquid Staking feature, and Stride has launched staking services for this token, offering a staking annual percentage yield (APY) of up to 17.5%. UMEE increased by 5.63% today, with a total market trading volume of $690,000, indicating moderate popularity. 18.Google Trends — Global ARPA (Token) — The project is in the phase of development. It recently completed the building of a random number generator. After the first phase of the testnet, it optimized the network, fixed bugs, and conducted tests on the second phase of the testnet. Currently, the ARPA BLS-TSS network interacts with Ethereum Sepolia 200,000 times a day. The mainnet will be launched soon. There is a strong willingness to speculate on the project, with the ARPA token rising 30% in 24 hours, and the total market trading volume reaching a staggering $680 million in 24 hours. The community’s enthusiasm for speculation is very high. https://www.bitget.com/en/spot/ARPAUSDT_SPBL?type=spot ADA (Token) — ADA is currently promoting SPO-Poll’s launch on the mainnet, which can help ADA achieve more open and transparent community bid governance. The proposal has garnered significant attention from the ADA community and was retweeted by the Cardano Foundation, making it one of the most important recent events in the ADA ecosystem. 19.Google Trends Surge — East Asia, South Asia, Southeast Asia, Hong Kong, Macau, and Taiwan a) South Asia Region India Trending Tokens: BOB, ARPA, ADA, BTC Pakistan Trending Keywords: FOMC, Airdrop, Coindesk b) Southeast Asia Region Indonesia Trending Keywords: Faucet, Bob, Dogecoin Malaysia Trending Keywords: CoinGecko Thailand Trending Keywords: Cryptonews Philippines Trending Tokens: Holy c) East Asia and Hong Kong, Macau, and Taiwan Trending Tokens: XDC, GPT 20.Google Trends Surge — English-speaking Countries, Europe, CIS Region a) CIS Region Trending Keywords: Xen, Dune, CryptoNews, CMC b) English-speaking Countries Canada Trending Tokens: Polygon, Sandbox, ORCA UK Trending Tokens: ADA, Gala, Ladys, SBF USA Trending Tokens: ARPA, Tenet, PYR Australia Trending Tokens: LHINU, ARPA, QNT, WAVES, DOGE, XEN, SAND, BONE c) Europe Spain Trending Tokens: ARPA, HEX, PI, BTC France Trending Tokens: FTM, ICP, ARPA, IOTA Germany Trending Keywords: Opensea, LHINU, Matic, ADA Italy Trending Tokens: ARPA, KAS Poland Trending Tokens: ARPA Switzerland Trending Tokens: Pepe Turkey Trending Tokens and Keywords: DXY, Free ETH, MONG, VBET crypto login 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: Free BTC, ARPA, RADIX, ETH Argentina Trending Keywords: CMC, TradingView Mexico Trending Keywords: Bitcoin