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Pump.fun (PUMP): The Ultimate Platform for Creating and Trading Meme Coins on Solana

The rise of meme coins like Dogecoin and Shiba Inu has transformed the cryptocurrency world, showing that humor and community can drive incredible financial success. However, launching a successful meme coin has traditionally been a complex process, often requiring technical expertise and significant resources. Enter Pump.fun (PUMP) — a Solana-based platform designed to make meme coin creation accessible, fast, and fun for everyone, whether you're a seasoned crypto enthusiast or a complete beginner. The Problem: Complexity in Meme Coin Creation Before Pump.fun, creating a cryptocurrency required coding knowledge, financial resources for liquidity, and navigating the often-confusing world of decentralized finance (DeFi). The barrier to entry was high, limiting participation to a small group of tech-savvy individuals and larger projects. As meme coins gained popularity, many potential creators were left behind, unable to capitalize on the viral nature of these assets due to technical and financial obstacles. Additionally, the explosion of meme coins has led to market saturation, where many tokens fail to differentiate themselves, and scams like rug pulls have harmed trust in the space. Pump.fun was launched to address these challenges, creating a user-friendly platform where anyone can launch their own meme coin in minutes without technical expertise or large upfront costs. What Is Pump.fun (PUMP)? Pump.fun is a Solana-based platform that allows users to create and trade their own meme coins. Launched in January 2024, Pump.fun democratizes meme coin creation by simplifying the process and offering tools that make it easy for anyone to bring their meme-based asset ideas to life. Whether it's a meme coin inspired by a viral trend, a joke with friends, or a pop culture reference, Pump.fun allows users to launch their tokens in just a few clicks. The platform has gained immense popularity due to its simplicity, speed, and the unique bonding curve model it uses to manage token prices dynamically. Additionally, it eliminates the need for large liquidity pools, making it accessible to users without deep pockets or extensive technical backgrounds. Top meme coins on Pump.fun include Billy (BILLY), Mother Iggy (MOTHER), Shark Cat (SC), and more. How Pump.fun Works Using Pump.fun is simple and efficient, with a few key steps involved in creating and trading meme coins: 1. Connect Your Wallet: Users begin by connecting a Solana-compatible wallet to the Pump.fun platform. This wallet is used to interact with the platform, create tokens, and trade existing meme coins. 2. Create a Meme coin: The token creation process on Pump.fun requires minimal input. Users can define their token by choosing a name, ticker symbol, and image for their token. For a small fee (0.02 SOL), the token is minted and added to the Pump.fun marketplace, instantly making it available for trading. 3. Bonding Curve Pricing Model: Pump.fun uses a bonding curve mechanism to adjust token prices based on supply and demand. As more users buy a token, the price increases along a predefined curve, rewarding early buyers and ensuring price stability. Once a token’s market cap reaches $69,000, it is automatically migrated to Raydium, a leading decentralized exchange on Solana, where it gains even greater visibility and liquidity. 4. Trading Meme coins: Meme coins on Pump.fun can be traded within the platform, where users buy and sell based on the bonding curve model. Tokens that reach $69,000 in market cap gain added liquidity on Raydium, opening up further trading opportunities. The King of the Hill (KOTH) feature highlights high-performing tokens, attracting new buyers and potentially increasing token value. How to Make a Coin on Pump.fun Are you interested in learning how to make a coin on Pump.fun? The platform simplifies the process, allowing anyone, even those without any coding experience, to create and launch their own meme coin on the Solana blockchain. Creating your own meme coin on Pump.fun is straightforward and can be accomplished in a few simple steps: 1. Set Up a Solana-Compatible Wallet: Before you begin, ensure you have a Solana-compatible wallet such as Bitget Wallet. These wallets will allow you to interact with the Pump.fun platform. 2. Fund Your Wallet with SOL: Acquire some SOL tokens to cover the creation fee and any subsequent transactions. The token creation fee on Pump.fun is approximately 0.02 SOL. 3. Connect Your Wallet to Pump.fun: Navigate to the Pump.fun website and connect your Solana wallet by clicking on the "Connect Wallet" button. 4. Initiate the Token Creation Process: Click on the "Create Token" option on the platform. You'll be prompted to enter the following details: ● Token Name: Choose a unique and catchy name for your meme coin. ● Ticker Symbol: Select a short, memorable ticker symbol (e.g., "FUNFUN"). ● Token Image: Upload an image or logo that represents your meme coin. 5. Review and Confirm: Double-check all the information you've entered to ensure accuracy. Once satisfied, proceed to pay the creation fee of 0.02 SOL. ● Token Deployment: After confirming the payment, Pump.fun will handle the technical aspects of deploying your token on the Solana blockchain. Your meme coin will be minted and immediately available for trading on the Pump.fun marketplace. By following these steps on how to make a coin on Pump.fun, you can launch your own meme coin and participate in the vibrant ecosystem of community-driven tokens. PUMP Token Airdrop: What You Need to Know The PUMP token is the native cryptocurrency of the Pump.fun platform, designed to support the creation and trading of meme coins within its rapidly growing ecosystem. Serving as a utility token, PUMP is expected to be used for governance, covering transaction fees, and incentivizing creators and traders on the platform. With Pump.fun facilitating over 2.5 million tokens on the Solana blockchain since its launch in January 2024, the introduction of the PUMP token further enhances user participation and value creation. One of the most highly anticipated developments around the PUMP token is the upcoming airdrop, first teased by co-founder Sapijiju in October 2024. This airdrop is expected to be "more lucrative" than others in the crypto space, signaling a potentially significant reward for existing users. Although no specific date has been announced, the airdrop will likely benefit users who have actively engaged with the platform by creating or trading meme coins. To stay updated on the airdrop and ensure eligibility, users should: ● Engage with the Platform: Actively create and trade meme coins on Pump.fun to increase your chances of qualifying for the airdrop. ● Follow Official Channels: Regularly check Pump.fun's official social media accounts and website for announcements regarding the airdrop. ● Secure Your Wallet: Ensure that your Solana wallet is secure and that you have access to the private keys, as the airdropped tokens will be distributed to eligible wallets. Is Pump.fun Safe? Safety is an important consideration for users of Pump.fun, especially given the volatility and risks inherent in the meme coin market. Pump.fun has implemented several features to enhance security and ensure a fair token creation process. Its fair launch mechanism, which eliminates presales and team allocations, helps reduce the risk of insider trading and rug pulls. Additionally, the platform’s bonding curve model adjusts token prices based on supply and demand, helping prevent price manipulation and fostering a transparent market environment. The absence of liquidity requirements further protects users from common crypto scams like liquidity removal. However, despite these safeguards, users should remain cautious. Meme coins are notoriously volatile, driven by community hype and trends that can cause sharp price swings. While Pump.fun has made significant efforts to improve platform security—especially following a $2 million exploit in May 2024—the decentralized nature of the platform means risks like rug pulls and scams are still possible. To minimize risks, users should conduct thorough research, use secure Solana-compatible wallets, and stay updated on platform developments to ensure a safer experience. Conclusion With Pump.fun, the world of meme coins has become more accessible than ever. By removing financial and technical barriers, the platform enables anyone to create, launch, and trade tokens with ease. Its integration with the Solana blockchain ensures fast, affordable transactions, making it ideal for both newcomers and experienced users. As Pump.fun continues to grow and drive the meme coin revolution, it offers exciting opportunities for creativity and community-driven success. However, as with any crypto investment, investors should remain cautious, conduct research, and engage responsibly to fully enjoy the platform’s potential. Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading guidance. Qualified professionals should be consulted prior to making financial decisions.

Retard Finder Coin (RFC): No Presale. Zero Tax. Full Chaos. Just Memes

What is Retard Finder Coin (RFC)? Retard Finder Coin (RFC) is a meme coin on the Solana network, inspired by the “I Find Retards” community on X. RFC keeps things simple: it’s a community-driven project, born out of internet culture, meant for entertainment, trading, and fun. Its main strength lies in its viral marketing, strong X (Twitter) presence, and transparent tokenomics. Who Created Retard Finder Coin (RFC)? RFC was launched by a popular X (Twitter) user known as @IfindRetards. This account had over 700,000 followers at the time of the coin’s launch and was known for calling out “silly” or “irrational” trading behavior online, often in a humorous or sarcastic way. This strong social media presence gave RFC instant visibility. The creator did not rely on a presale, venture capital funding, or insider deals. Instead, RFC was launched fairly and publicly on Pump.fun, a Solana-based platform where anyone can launch a token quickly and easily. What VCs Back Retard Finder Coin (RFC)? RFC was not funded by venture capital. How Retard Finder Coin (RFC) Works Retard Finder Coin is purely a meme coin. There is no complex staking, yield farming, or utility mechanism at this point. RFC’s primary “function” is just being a meme coin—a digital object of shared community value and culture. 1. Fair Launch RFC was launched on Pump.fun with no presale, no airdrops, and no team allocations apart from a small 4% portion for the dev wallet. This means that 96% of the total supply was available to the public right from the start. There were no early investors or hidden deals. 2. Fixed Supply RFC has a total supply of 1 billion tokens. This number is fixed, which helps reduce inflation and gives clarity to traders and holders. 3. 0% Tax Many meme coins include buy or sell taxes, which can eat into profits and discourage trading. RFC has a 0% tax policy, making it more attractive for those who like to actively trade or accumulate over time. 4. Transparent Smart Contract RFC's smart contract is verified and public. The official contract address is only shared through the @IfindRetards account, helping users avoid scams and fake copies. 5. Community-Driven Growth RFC’s biggest strength is its community. From memes and viral posts to grassroots marketing campaigns, the RFC army spreads the word without any corporate backing. The energy of the community gives the token momentum that many utility-based projects struggle to match. The tone is unapologetically raw, humorous, and aggressive, which appeals to a certain segment of the crypto world, especially younger traders and meme enthusiasts. While the branding might seem risky, it has resonated deeply with its target audience. This community-first approach has led to fast adoption and organic growth across social media and crypto forums. RFC Goes Live on Bitget You might wonder: if it’s “just a joke,” why would anyone spend money on it? The truth is that meme coins are about more than price. They create culture, community, and even identity in the world of crypto. For many holders, buying RFC isn’t just an investment. It’s a way to join a tribe, support a creator they like, or make a statement. And sometimes, meme coins that start as jokes become surprisingly valuable. Just look at what happened with DOGE or Shiba Inu. With a fair launch, strong community, and growing list of exchange listings, RFC is proving that sometimes, internet humor can turn into real-world momentum. While its name may raise eyebrows, the coin represents something deeper: a desire for fairness, transparency, and fun in a crypto world often filled with overhyped promises and hidden deals. In a space where community is king, RFC is letting the crowd take charge and people are loving it. If you’re curious, remember to research carefully, only buy from trusted sources like Bitget, and join the conversation online. How to Trade RFC on Bitget Listing time: April 8, 2025 Step 1: Go to RFCUSDT spot trading page Step 2: Enter the amount and the type of order, then click Buy/Sell For detailed instructions on how to spot trade in Bitget, please read The Uncensored Guide To Bitget Spot Trading Trade RFC on Bitget now! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading guidance. Qualified professionals should be consulted prior to making financial decisions.

Crash Course on Position Grids

1. What are position grids? Position grids automatically buy low and sell high within a specific wide price range, with price levels determined by the system. Simply put, position grids use Bitget's grid trading bot technology to intelligently recommend parameters based on current asset prices. As long as the coin price oscillates within the position grid's price range, the bot will profit from the grid on a 24/7 basis. You may also withdraw the position grid's profits to make flexible use of your assets. 2. Position grid features Position grids are suited for range-bound fluctuating markets and fluctuating bull markets but may lead to losses in fluctuating bear markets. Position grids allow for a larger price range than traditional grids and have no TP/SL. They ideal for mid-/long-term investment. At present, Bitget supports the use of forward/reverse spot and futures position grids in geometric/arithmetic mode. Position grids are designed to address the needs of users in all trading scenarios and help them stay one step ahead in the market. 3. What are the benefits of position grids? • Invest in quality assets: If you're looking to run a grid bot with USDT or are unsure which trading pairs to use, position grids are your answer. • No more emotional entries: Grid bots automatically buy low and sell high without human intervention, taking emotions out of the equation and ensuring that you don't blindly chase profit without proper research. • No need to monitor market trends: Position grids run 24 hours a day, 7 days a week, selling high and buying low to secure your profit at all times. • Extended investment cycle: Position grids support the withdrawal of profits, meaning that you can take profit to meet urgent liquidity needs without suffering any losses. • Lower barrier to entry: As position grids have a longer investment cycle, you can time your entries flexibly. The bot will secure your profits when prices rise and lower your position costs when prices drop. • Low investment risks: As position grids buy low and sell high in the spot market, you'll never have to worry about losing your principal. The key advantage of position grids is the continuous arbitrage of fluctuations in the market. Position grids also earn you profit when prices rise, making them suitable for all kinds of traders. 4. Position grid parameters explained • Total profit = grid profit + unrealized PnL. • Grid profit = arbitrage profits earned by the bot buying low and selling high during market fluctuations. • Unrealized PnL = (current asset price – position entry cost) × amount held by the bot. • Grid APR = ((grid profit ÷ investment) ÷ (running time ÷ 365)) × 100%. • Total APR = ((total profit ÷ investment) ÷ (running time ÷ 365)) × 100%. 5. Position grid FAQ Q: What happens when the bot takes on losses? A: When you start running a position grid bot, it uses a portion of its allocated funds to buy assets on the spot market and place sell orders based on the grid parameters. As the bot holds spot positions, price fluctuations may cause floating losses in the orders. However, as long as you keep the bot running for an extended period of time, the losses will eventually turn into profits. Q: Do position grids have low fund utilization? A: Position grid bots always hold a portion of their allocated funds to buy the dip. This reserved portion is rarely used up and will also serve as a safety net for risk control purposes, allowing you to enter and exit the market freely. When prices fall, the bot will gradually buy the dip. Q: Could the price of assets held by position grids fall to zero? A: BTC is the world's most popular cryptocurrency and has proven long-term value, while Ethereum is the king of all public chains, making ETH a good option for long-term investment. If you believe in the future of the blockchain industry, you don't have to worry about your investment being lost. 6. Notes Configuration: The annualized grid return backtest is based on historical data and is not a guarantee of future returns. The system recommends geometric mode for grid bots. The grid interval and the number of grids are based on a uniform price percentage difference between orders. Abnormal risk warning: Grid bots will automatically be stopped if an asset experiences an unpredictable or unusual event, such as suspension or delisting. It is recommended that you make informed decisions after carefully reading the description of the Bitget grid bot product in full and making a reasonable assessment of your risk appetite.

Gear Up For Glory: Bitget's KCGI 2024 Is Happening

Welcome, digital daredevils and financial wizards! Bitget is rolling out the red carpet for an event that's not just big — it’s monumental! Buckle up, dear traders, for our first King’s Cup Global Invitational (KCGI) of the year 2024, where ambition meets action, and every click can turn the wheels of fortune. So, grab your digital gear and let’s delve deep into the thrilling world of Bitget's KCGI 2024 — the trading spectacle you certainly don’t want to miss. Join KCGI 2024 today! Why All The Excitement? This isn't just any contest; it’s a festival of finance, a carnival of cryptocurrency that beckons the brave and rewards the resolute. Whether you're a seasoned trader ready to throw down the gauntlet or a fresh face eager to test the waters, this invitational is your battlefield: one brimming with opportunities to carve your name in the digital stone of crypto history and to pot a pool of prizes that could make Croesus blush. Let's peel back the curtain and delve into the intricate specifics that make Bitget's KCGI 2024 a trading spectacle unlike any other. The Prize Extravaganza The stakes are sky-high at Bitget's KCGI 2024, with a prize pool that grows with the gathering. Yes, you heard right—the more participants, the bigger the prizes. Starting from a cozy 100,000 USDT for 8,000 participants and swelling to a whopping 5,000,000 USDT for 200,000+ traders, this is where fortunes are forged! Below are your guidelines for participating in this grand gala. Recruitment master award: The team captain will receive a crypto voucher as a reward if their teams meet the required number of team members. Newcomer recruitment award: The team captain will receive a crypto voucher as a reward if the team's membership meets the required number of new users. Early bird reward: The first 3 team members (excluding the team captain) to join one of the first 200 teams formed during the early bird period (May 24-May 25) will get 10 USDT. Task completion award: All users who register within the specified period, hold at least 100 USDT in their futures account during the official competition period, and successfully form a team will receive 1 USDT futures trading bonus. Messi tribute prizes And there’s a cherry on top! Participate in the Messi tribute prizes. Just imagine—trading your way to not only monetary mastery but also potentially winning a Ferrari or a Messi signed jersey among other fabulous prizes. Users who successfully register for KCGI 2024 and reach a cumulative futures trading volume of 60,000 USDT during the competition period will be eligible to participate in the lucky draw. These special rewards will be unveiled in a glittering livestream the day after the competition ends. So, stock up, sign up, and set the stage for success. Be the captain of your ship or join as a crew; either way, you’re setting sail towards potential treasures! The Competitive Arenas Team Battle The Team Battle is where synergy and strategy come alive! Teams vie against each other, with their combined profit and loss (PnL) and trading volume determining their standings. This intense competition not only tests your team's market acumen but also their ability to work under pressure. The top teams can carve up 60% of the total prize pool, making every trade and transaction count. Individual Competition For the lone wolves and solo flyers, the Individual Competition provides a stage to shine independently. Here, traders can demonstrate their personal trading skills, with the top 100 traders by individual PnL and trading volume sharing 30% of the overall prize pool. It's your chance to prove that sometimes, one can indeed make a difference! Newcomer Challenge New to Bitget? No problem! The Newcomer Challenge is specially designed for traders who have joined Bitget during the promotion period. This segment offers a welcoming platform to compete, learn, and gain. Newcomers can show off their trading prowess, with the top performers by PnL and trading volume sharing 10% of the total prize pool. It’s a fantastic way to start your trading journey! Daily Rewards From May 24 to June 27, participants have the unique opportunity to engage in the first-ever daily competitions that extend beyond traditional trading. Each day, traders can earn up to three chances to open a Mystery Box, which comes in three variants: bronze, silver, and gold, each containing different potential rewards. These daily tasks are designed to add an extra layer of excitement to the competition, with rewards structured to incentivise performance and active engagement. The top trader each day earns the Top Performer’s Trophy that is accompanied by 100 BGB and a Certificate of Honour. Those ranking second to fifth are awarded 50 BGB each, while those who finish sixth to tenth will each receive 20 BGB. These rewards drive traders to increase their volume and refine their strategies to climb the daily leaderboards. Remember that completing tasks not only opens opportunities for these rewards but also boosts your trading skills and hands-on experience. The Important Dates - Mark Your Calendars! Set your reminders and prepare your planners for below are the crucial dates that chart the course of Bitget's KCGI 2024. From registration kick-offs to the final clash, each moment is a pivotal step in your trading journey! Warm-up period: May 15 - May 16 Kick things off with the warm-up period. It's like stretching before the marathon — essential to get your trading muscles limber and ready for the grand spectacle ahead. Use this time to strategise and synergise with your team. Captain’s call to arms: May 17 - June 06 Team captains, assemble! Registration for captains starts bright and early on May 17. Being early has its perks, including more time to recruit the best, strategise, and maybe snag some of those early bird rewards. Team member registration: May 24 - June 06 All hands on deck! Team member registration begins on May 24. Make sure your team is locked and loaded with all members on board to navigate the tumultuous seas of the crypto market together. Last call: June 07 - June 12 Some extra time for those who find out about the party too late! Even if you can assemble your dream team just in time, you still have two weeks left to unleash your unparalleled trading prowess. Official Competition: June 07 - June 27 The main event! From June 07 to June 27, the trading arena will be abuzz with action. This is your time to shine, to trade with the tenacity of a tiger and the wisdom of a sage. How To Shine In Bitget's KCGI 2024? Eager to make your mark in Bitget's KCGI 2024? Here are some top tips to help you sparkle and dominate the trading arena: Early birds get the bonus Don’t dilly-dally—registering early not only ensures your spot but also positions you advantageously in the planning phase. Get a jump on the competition and set the pace. Strategy is King This isn’t a mere battle of bankrolls. Strategy, skill, and a bit of savvy speculation set the winners apart from the crowd. Whether it’s reading the markets like an open book or making moves at the most opportune moments, your tactics will define your triumphs. Stay informed and interact Knowledge is power! Stay updated with market trends, and don’t forget to engage with your team. After all, every captain needs a crew that’s clued up and keyed in. Plus, the camaraderie could just make the whole experience a lot more fun! Beyond Trading Beyond the bustling trade floors, Bitget's KCGI 2024 offers a kaleidoscope of additional delights as follows: Language is no barrier With extensive language support from English to Español and 日本語 to Русский, Bitget's KCGI 2024 invites you to be part of this financial fiesta, no matter where you are in the world. Messi magic And there’s a cherry on top! Participate in the Messi tribute prizes. Just imagine—trading your way to not only monetary mastery but also potentially winning a Ferrari or a Messi-signed jersey among other fabulous prizes. Ready to roll? As we gear up for this spectacular event, remember that Bitget's KCGI 2024 is more than just a competition. It’s a celebration of strategy, a testament to tenacity, and a gathering of global traders each eager to claim their slice of victory. So why just read about legends when you can become one? Sign up, strategise, and let the games begin! Ready, set, trade !

ivendPay (IVPAY): Crypto Payments Simplified For All

What is ivendPay (IVPAY)? ivendPay (IVPAY) is a versatile platform designed to facilitate cryptocurrency payments for merchants and customers alike. With its array of user-friendly tools and services, ivendPay empowers businesses to seamlessly integrate crypto transactions into their operations, opening doors to new opportunities and markets. How ivendPay (IVPAY) Works ivendPay offers comprehensive solutions for embracing the future of finance, from Crypto POS Machines to Mobile Apps and Vending Machine Integration, etc. 1. Crypto POS Machine Imagine having everything you need to accept crypto payments right at your fingertips. With ivendPay's Crypto POS Machine, this becomes a reality. This all-in-one solution allows merchants to effortlessly accept crypto payments in-store with just a few clicks. Featuring a built-in printer for transaction receipts and support for 4G wireless networks, the Crypto POS Machine ensures a smooth and hassle-free experience for both merchants and customers. 2. Mobile App For businesses on the go, ivendPay offers a convenient Mobile App that transforms any smartphone into a portable crypto POS machine. With support for over 40 cryptocurrencies and the ability to connect to Bluetooth printers for receipt printing, the Mobile App empowers merchants to accept payments anytime, anywhere, revolutionizing the way they engage with their customers. 3. Vending Machine In a world where convenience is king, ivendPay introduces a groundbreaking solution for vending machines. By integrating with the most popular vending machine companies worldwide, ivendPay enables over 100 million individuals to use crypto assets for their daily purchases seamlessly. This innovative approach not only enhances the customer experience but also opens up new avenues for businesses to capitalize on the growing crypto market. 4. API Integration For businesses seeking a customized solution, ivendPay offers API integration tailored to their specific needs. Whether it's integrating with mobile apps, implementing custom payment flows, or enhancing existing SaaS services, the ivendPay API provides the flexibility and versatility businesses need to stay ahead in today's digital economy. 5. E-commerce Integration For online retail, ivendPay provides effortless integration of crypto payment options into e-commerce platforms. With plugins and payment gateways for popular platforms like WooCommerce, PrestaShop, OpenCart, and Shopify, ivendPay simplifies the process of accepting crypto payments online, allowing businesses to tap into a global market with ease. IVPAY Goes Live on Bitget With its intuitive platform, diverse lineup of products, and unwavering commitment to simplicity and accessibility, ivendPay is empowering businesses and customers alike to embrace the future of payments with confidence. As the native token of ivendPay, IVPAY holds immense potential for investors seeking to diversify their portfolios and capitalize on the crypto market. Now, with the opportunity to trade IVPAY tokens on Bitget, a reputable crypto exchange renowned for its top-notch security, user experience, and customer service, investors can confidently navigate the world of digital assets with peace of mind. Don't miss out on this opportunity to be part of the future of finance - trade IVPAY tokens on Bitget today and unlock the potential for growth and prosperity in the digital age. How to Trade IVPAY on Bitget Step 1: Go to IVPAYUSDT spot trading page Step 2: Enter the amount and the type of order, then click Buy/Sell. In conclusion, ivendPay stands as an innovative force in cryptocurrency adoption, bridging the gap between traditional commerce and the digital frontier. With its suite of innovative tools and services, ivendPay is not just facilitating transactions; it's revolutionizing the way we perceive and interact with digital currencies. Trade IVPAY on Bitget now! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

Getting Started with Investing: A Beginner's Guide

TL;DR - This article introduces different investment options: Traditional Options: Stocks and Bonds Precious Metals: Gold and Silver Modern Marvel: Cryptocurrency - Then it gives tips on: Beginner-friendly platforms and strategies How to have long-term success Even though you know that the earlier you invest, the better it is for your wallet, the thought of diving into the world of investing might seem like a daunting task with millions of advice and billions of investment options out there. But fear not; we're here to simplify the process and guide you through the beginner-friendly path of starting your investment journey. Understanding Your Investment Options Before taking the plunge, let's familiarize ourselves with the investment tools in our toolkit. Think of it like choosing the right tool for a task—you wouldn't use a hammer for a screw, right? Traditional Options: Stocks and Bonds Stocks offer ownership in a company, akin to having a share of the business. It's like becoming a partner in the journey of a company's success. - Pros: + Potential for high returns: Stocks have the potential for significant returns, making them attractive for those seeking growth in their investments. + Ownership in companies: Buying stocks means owning a piece of the company. As the company succeeds, so does your investment. + Liquidity: Stocks are generally liquid assets, meaning you can buy and sell them relatively easily on the stock market. - Cons: + Volatility: Stock prices can be highly volatile, especially in times of wars or economic upheavals, leading to rapid and unpredictable changes in value. + Risk of loss: Unlike bonds, stocks don't offer a guaranteed return. There's a risk of losing money, especially in the short term. + Requires research: Successful stock investing often requires research and a good understanding of the companies you're investing in, as well as constant vigilance of the current state of the aadb5469-9b40-4156-aade-dda8c403a789. On the flip side, bonds provide a steadier path, offering regular interest payments—think of it as lending money with a guaranteed return. - Pros: + Stability and income: Bonds are generally considered safer than stocks, providing a stable income through regular interest payments. + Fixed returns: Unlike stocks, bonds offer predictable returns. You know how much interest you'll receive and when. + Preservation of capital: In most cases, when you hold a bond until maturity, you're likely to receive your initial investment back. - Cons: + Lower returns: While bonds offer stability, they typically provide lower returns compared to stocks. + Interest rate risk: Bond prices can be affected by changes in interest rates. If rates rise, the value of existing bonds may decrease. + Inflation risk: The fixed interest payments from bonds may not keep pace with inflation, potentially eroding purchasing power over time. For newbie investors, a balanced approach that includes both stocks and bonds can help manage risk while aiming for reasonable returns. It's crucial to align your investment choices with your financial goals, risk tolerance, and timing. Those who are more risk-averse can opt for bonds rather than stocks. Precious Metals: Gold and Silver Precious metals such as gold and silver are timeless additions to your investment portfolio. Like ancient treasures, these metals have a history of preserving value over time. Consider them as a hedge against economic uncertainties, adding a touch of stability to your investment mix. Gold, often revered as the "king of precious metals," has long captivated investors as a timeless store of value. - Pros: + Safe haven asset: Gold is often considered a safe-haven asset, especially during times of economic uncertainty. Investors turn to gold as a store of value when traditional markets are volatile. + Hedge against inflation: Gold has historically served as a hedge against inflation. As the general price level rises, the value of gold tends to increase, preserving purchasing power. + Portfolio diversification: Including gold in a diversified investment portfolio can help reduce overall risk. Gold's performance may not always align with stocks or bonds, providing a level of independence. + Long-term store of value: Gold has been a store of value for centuries. It doesn't corrode or tarnish, and its intrinsic value has stood the test of time. - Cons: + No income generation: Gold does not generate income like dividends or interest. Its value is primarily based on market demand and sentiment. + Storage costs: If you physically own gold, storage costs can be a consideration. Storing large amounts of gold securely may involve additional expenses. Silver offers investors a unique opportunity beyond its lustrous appearance. More affordable than its golden counterpart, silver's industrial applications and potential for substantial returns make it an intriguing addition to the investor's toolkit. - Pros: + Industrial demand: Unlike gold, silver has significant industrial applications. It is used in electronics, solar panels, and various technologies, contributing to its demand beyond investment purposes. + Affordability: Silver is more affordable than gold, making it accessible to a broader range of investors. This affordability allows for smaller transactions and portfolio diversification. + Potential for high returns: Due to its lower price, silver has the potential for higher percentage returns compared to gold. It can be more responsive to changes in market conditions. - Cons: + Volatility: Silver prices can be more volatile than gold, which might be attributed to its smaller market size. While silver is considered a precious metal, it may not be as universally recognized as a store of value compared to gold. This volatility can present both opportunities and risks for investors. + Industrial dependency: Silver's price can be influenced by industrial demand, which may lead to fluctuations based on economic conditions and technological developments. Modern Marvel: Cryptocurrency In recent years, cryptocurrency has emerged as a dynamic and innovative investment option, drawing the attention of investors worldwide. Unlike traditional assets, cryptocurrencies operate on decentralized technology, typically blockchain, offering a novel approach to financial transactions and investments. - Pros: + High potential returns: Cryptocurrencies have shown the potential for high returns, with some experiencing exponential growth over short periods. This potential has attracted investors seeking substantial gains. + Decentralization and accessibility: Cryptocurrencies operate on decentralized networks, providing access to financial services without reliance on traditional banking systems and without high entry barriers like most traditional financial institutions. This accessibility appeals to individuals from all walks of life and partly contributes to the rising popularity of cryptocurrencies in recent years. + Reduced frictions: The fact that cryptocurrencies are on decentralized platforms minimizes the need for intermediaries like banks or brokerage firms. This reduction in institutional involvement translates to fewer bureaucratic hurdles and lower transaction costs. Beginners can navigate the crypto landscape with greater ease, free from the complexities often associated with traditional financial institutions. + Low entry barrier: One of the key advantages for beginners in the crypto realm is the lack of stringent initial investment requirements. Traditional investments often demand a substantial upfront sum, which can be a barrier for those just starting. In contrast, cryptocurrencies allow investors to buy fractional shares, enabling them to enter the market with an amount they are comfortable with. This flexibility fosters inclusivity, making crypto an attractive option for those with limited capital. + Innovation and technological advancement: The underlying technology of cryptocurrencies, blockchain, is praised for its transparency, security, and efficiency. Investing in cryptocurrencies aligns with the broader trend of technological innovation in the financial sector. + Learning as you go: The crypto space provides a hands-on learning experience for beginners. Interacting with blockchain technology and digital assets offers insights into the future of finance. With various cryptocurrencies to explore, each with its unique features and applications, beginners can gradually build their understanding of the market dynamics, technology, and the factors influencing cryptocurrency values. + Diversification: Including cryptocurrencies in a diversified investment portfolio can offer a hedge against traditional market fluctuations. Their performance may not always correlate with traditional assets like stocks and bonds. - Cons: + Volatility: Cryptocurrency markets are known for their high volatility. Prices can experience significant fluctuations in short periods, presenting both opportunities and risks for investors. + Security risks: Cryptocurrencies are susceptible to cybersecurity threats as they operate on networks. Investors need to exercise caution, adopt secure practices, as well as choose trust-worthy platforms to interact with in order to safeguard their digital assets. For novice investors dipping their toes into investments, cryptocurrency stands out as an accessible and educational choice. Unlike traditional investments, crypto offers a low entry barrier, allowing beginners to start with minimal initial investment. This affordability, coupled with a user-friendly landscape, makes it an excellent space for learning and experimenting. That being said, it's crucial for investors to approach the crypto space with a cautious and informed mindset. Choosing Beginner-Friendly Platforms and Strategies Now that you know your options, let's talk about tools. Just as a chef needs the right utensils, you need the right platforms for your investments. User-Friendly Investment Platforms Platforms like Charles Schwab or Bitget act as your financial compass. They offer user-friendly interfaces, great security, educational resources, and the convenience of managing your investments on the go. It's like having a financial advisor in your pocket. Start Small, Learn Big No need to start with a hefty investment. It's like learning to swim—you start in the shallow end. Begin with small amounts, test the waters, and gradually increase as you gain confidence. The goal is to ease into the process without overwhelming yourself. “Buy and Hold” Strategy: A Beginner's Friend For those just stepping into the investment arena, the "buy and hold" strategy aligns perfectly, especially for gold or beginner-friendly cryptocurrencies (e.g., Bitcoin - the one often called “digital gold”). This approach involves purchasing assets and holding onto them for an extended period, irrespective of short-term market fluctuations. This strategy is suitable for beginner because of the following reasons: - Simplicity: The "buy and hold" strategy is straightforward. Beginners can focus on selecting promising cryptocurrencies with real potentials, making an initial investment, and then observing the market over time. - Long-Term perspective: The markets are known for their volatility, but the "buy and hold" strategy encourages a long-term perspective. Beginners can avoid the stress of following the market on a regular basis and can allow their investments the opportunity to grow over time. - Minimized emotional decision-making: Constantly reacting to short-term market movements can be emotionally taxing for beginners. The "buy and hold" strategy promotes a patient approach, reducing the likelihood of making impulsive decisions based on market fluctuations. Potential for compounding: By holding onto investments over an extended period, beginners may benefit from the compounding effect, where returns on the initial investment generate additional returns over time. Tips for Long-Term Success Now that you're equipped with the basics, let's talk about the roadmap to long-term success in the investment game. Adopting a Long-Term Perspective Investing is not a get-rich-quick scheme; it's a marathon. Picture it like planting a tree—the longer it grows, the more it flourishes. Adopt a patient mindset, resist the urge to make impulsive decisions, and focus on the big picture. Consistency Is Your Superpower Regular contributions, no matter how small, are the building blocks of your financial empire. It's like putting money into a piggy bank regularly, ensuring a steady stream of growth. Consistency is your secret weapon against the unpredictable nature of the market. Stay Informed, Stay Empowered Lastly, stay informed about market trends. It's like having a roadmap for your journey. Knowledge is power, and staying aware of financial news and trends helps you make informed decisions. Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

Top 10 Cryptocurrencies by Market Cap: A Comprehensive Look

As the cryptocurrency market continues to evolve, the list of top players also sees frequent reshuffling. Whether you're a seasoned investor looking to diversify your portfolio or a newcomer trying to understand where to start, a look at the leading cryptocurrencies by market capitalization can offer valuable insights. Assembled with data fresh from the trusted vaults of CoinGecko and updated as of August 31, 2023, this comprehensive guide aims to serve as your navigator through the complex maze of digital assets. We’ll explore the features, history, and technology behind the top 10 cryptocurrencies dominating the market today. The rankings mentioned in this article are based on data from CoinGecko as of August 31, 2023, and might change over time. Bitcoin (BTC): The King of Crypto Overview Market Capitalization is US$530,079,527,201 and is ranked #1. Tokenomics: Capped at 21 million coins Advantage: Often viewed as 'digital gold,' it’s seen as a hedge against inflation. All-time high (ATH) and all-time low (ATL): US$69,044 (Nov 2021) and US$67.81 (Jul 2013). Bitcoin (BTC) is the world's first cryptocurrency. It was introduced to the world by an anonymous developer under the pseudonym 'Satoshi Nakamoto.' Bitcoin runs on a decentralized ledger system based on cryptography - a blockchain. Thus, Bitcoin is not controlled by a central bank or authority of any kind. Anyone can be a part of this blockchain and be rewarded with Bitcoin by participating in its "mining" process. In recent years, Bitcoin has outperformed major stock indices like the SP 500 and the Dow Jones Industrial Average. While stock markets have shown steady growth, Bitcoin's price appreciation has been far more significant. During the third month of 2023, Bitcoin outperformed 97% of all SP500 companies. Learn more about Bitcoin (BTC) Bitcoin Halving | Pizza Day | PriceValue | Bitcoin Trading guides | FAQs | Key Concepts | Bitcoin NFT | Block Size War | What are Bitcoin ETFs? How to get Bitcoin Buy/ Sell Bitcoin with Fiat currencies Bitcoin has also become a financial asset that people can invest in or even speculate on. You can buy and sell Bitcoin with your local fiat currencies, including via third-party payment providers, the P2P market, and your credit/ debit cards on Bitget on a 24/7 basis. Bitget currently supports 140+ currencies and 70+ payment methods, including Mastercard, Visa, SEPA, SWIFT, and other local payment methods. Please log in to your Bitget account, from the homepage, click ‘Buy Crypto’, and select payment methods available to your country/region. Trade Bitcoin on Bitget Spot Futures markets Spot Trading Bitcoin Spot Trading: BTCUSDT Bitcoin Spot Margin Trading: BTCUSDT Bitcoin Spot Grid Trading: BTCUSDT Bitcoin Spot Martingale: BTCUSDT Bitcoin Spot Auto-invest: BTCUSDT Futures Trading Bitcoin Coin-Ⓜ Futures: BTCUSD Bitcoin USDT-Ⓜ Futures: BTCUSDT Bitcoin USDC-Ⓜ Futures: BTCPERP Bitcoin Futures Grid Trading: BTCUSDT Ethereum (ETH): The Smart Contract Pioneer Overview Market Capitalization is US$204,844,559,374 and is ranked #2. Tokenomics: No fixed supply cap. Advantage: Supports decentralized applications, smart contracts, and the majority of the DeFi and NFT space. All-time high (ATH) and all-time low (ATL): US$4,878.26 (Nov 2021) and US$0.432979 (Oct 2015) Ethereum is a decentralized Blockchain platform introduced by Vitalik Buterin, a Russian Programmer. Ethereum is not managed by a centralized server or organization. Instead, it is run by thousands of computers distributed around the world. Beyond just a currency, Ethereum introduced the world to the power of smart contracts. It provides a platform for decentralized applications (DApps) and has catalyzed the majority of the DeFi and NFT sectors. Ethereum market share has taken off since the start of 2023, though it doesn't seem to be shown in the level of Google interest. If Bitcoin dominance averages 42.5% year-to-date, Ethereum has no trouble maintaining its second place with 18.1%, which is way ahead of the third-largest cryptocurrency Tether (USDT) at 6.7%. Mind you that Tether is a stablecoin, thus often considered a safe option to onboard crypto by newbies. Learn more about Ethereum (ETH) What is Ethereum | The Merge | Birthday | PriceValue Part 1 Part2 How to get ETH Buy/ Sell ETH with Fiat currencies You can buy and sell ETH with your local fiat currencies, including via third-party service providers, our P2P market, and your credit/ debit cards on Bitget on a 24/7 basis. Trade ETH on Bitget Spot Futures markets Spot Trading ETH Spot Trading: ETHUSDT ETH Spot Margin Trading: ETHUSDT ETH Spot Grid Trading: ETHUSDT ETH Spot Martingale: ETHUSDT ETH Spot Auto-invest: ETHUSDT Futures Trading ETH Coin-Ⓜ Futures: ETHUSD ETH USDT-Ⓜ Futures: ETHUSDT ETH USDC-Ⓜ Futures: ETHPERP ETH Futures Grid Trading: ETHUSDT Tether (USDT): The Stablecoin Titan Overview Market Capitalization is US$82,857,760,603 and is ranked #3. Tokenomics: USDT does not have a maximum total supply because the amount of USDT issued is dependent on the total value of assets in the Tether's reserve. Advantage: Tether offers stability within the volatile cryptocurrency market. All-time high (ATH) and all-time low (ATL): US$1.32 (Jul 2018) and US$0.57 (Mar 2015). Tether (USDT) is the third largest cryptocurrency (after Bitcoin and Ether) and the largest stablecoin by market capitalization. Tether is a USD-pegged stablecoin, meaning that 1 Tether can be exchanged to USD at an approximate 1:1 ratio. The coin was created in 2014 with the original name of "RealCoin", but was rebranded to Tether later that year. On June 15, 2023, the stability of Tether's USDT, a widely used stablecoin pegged to the USD, experienced a slight deviation from its usual value of US$1.00. Even though the price dropped to as low as US$0.996 at that time, the USDT price recovered to US$0.999 later in the day. However, since USDT is the most popular stablecoin, its slight depeg led to widespread FUD and speculation among the crypto community. Learn more about Tether (USDT) What is Tether (USDT)? | The Tether Depeg in Summer 2023: What Happened to USDT? How to get USDT At the "Buy Crypto" main page, you will find many options to buy USDT: - Debit/ Credit cards: we support 140+ fiat currencies and 70+ payment methods, including Mastercard, Visa, SEPA, SWIFT, etc. - P2P Trading: you can purchase USDT with your local payment methods at your preferred prices. - Third-Party Payment: you can also buy USDT with multiple fiats via our third-party providers like Simplex, Banxa, Mercuryo, etc. BNB (BNB): The Exchange Trailblazer Overview Market Capitalization is US$34,306,930,411 and is ranked #4. Tokenomics: Its total supply is 200,000,000. Advantage: BNB serves as the native cryptocurrency of the Binance exchange. It offers fee discounts, and ecosystem access for traders. All-time high (ATH) and all-time low (ATL): US$686.31 (May 2021) and US$0.0398 (Oct 2017) Originating as the native token for Binance – the world's largest crypto exchange – BNB offers trading fee reductions on the Binance platform and has been integral to the growth of the Binance Smart Chain. The BNB token was originally released as an ERC-20 token to raise funds for the Binance exchange in 2017. How to get BNB Trade BNB on Bitget Spot Futures markets Futures market BNBUSDT Spot market BNBUSDT BNBUSDC Ripple (XRP): The Cross-Border Specialist Overview Market Capitalization is US$27,764,349,639 and is ranked #5. Tokenomics: The total supply of XRP is 100 billion. Advantage: XRP aims to facilitate fast and low-cost cross-border transactions. All-time high (ATH) and all-time low (ATL): US$3.40 (Jan 2018) and US$0.0026 (May 2014). Ripple can be both considered as a cryptocurrency and a digital payment transaction network. It was launched in 2012 and was co-founded by Chris Larsen and Jed McCaleb. For both banks and financial institutions, Ripple is a transaction system for international money and security transfers. Ripple is the name of the company and the financial network, and XRP is the platform token. XRP is the exchange mechanism between two currencies or networks. It plays the role of a temporary settlement between two currencies. How to get XRP Buy/ Sell XRP with Fiat currencies Bitget supports a variety of cryptocurrencies that can be purchased through debit/ credit cards and third-party platforms like AlchemyPay, Simplex, and Banxa. Joining the ranks of Tether (USDT), Bitcoin (BTC), and others, Ripple (XRP) is the latest addition to Bitget's diverse offerings. This means you now can buy XRP with 140+ currencies like US Dollar (USD), Euro (EUR), British Pound (GBP), and Australian Dollar (AUD) on Bitget! Related: How to purchase Ripple (XRP) with Fiat Trade XRP on Bitget Spot Futures markets Futures market XRPUSDT Spot market XRP/USDT XRP/USDC USD Coin (USDC): A Stablecoin Contender Overview Market Capitalization is US$26,105,544,669 and is ranked #6. Tokenomics: USDC is a stablecoin, pegged 1:1 to the US dollar, with regular attestations of its reserves. Advantage: Similar to USDT, USDC offers stability and crypto-fiat conversion. All-time high (ATH) and all-time low (ATL): US$1.17 (May 2019) and US$0.877 (Mar 2023) USD Coin (USDC) is a USD stablecoin issued by CENTRE, a consortium created by Coinbase exchange and a fintech company called Circle. Its value is pegged to the US dollar by fiat currencies and commodities at a 1:1 ratio, which means that 1 USDC is equal to 1 USD. USDC was first launched as an ERC-20 token in 2018 and has since expanded to other major platforms. 2021 was a big year for the stablecoin as Visa started to accept payments made with USDC. How to get USDC On Bitget’s homepage, select “Buy Crypto” and quickly proceed to buy and sell USDC with your local fiat currencies, including via third-party payment providers, P2P market, and your credit/ debit cards on a 24/7 basis. Related: How to purchase USDC with Fiat Lido Staked Ether (STETH): Ethereum's Staking Solution Overview Market Capitalization is US$14,532,706,519 and is ranked #7. Tokenomics: STETH does not have a total supply. Advantage: STETH allows holders to participate in staking without the need to manage the technical aspects themselves. All-time high (ATH) and all-time low (ATL): US$4,829.57 (Nov 2021) and US$482.90 (Dec 2020). Lido is a platform that enables users to earn interest on their digital assets by staking them while keeping them liquid for use in other DeFi applications. It was initially launched on Ethereum in 2020, allowing users to stake ETH to receive STETH, a token that represents staked ETH in Lido. STETH is not only where the value of the initial deposit and staking rewards are combined, but also can be used to maximize yield through collateralization, lending, yield farming, and other DeFi protocols. Consider investing in Lido Staked Ether (STETH)? It only takes 2 minutes to create an account on Bitget and start trading STETH today! Dogecoin (DOGE): The Meme that Became a Mainstay Overview Market Capitalization is US$9,291,669,070 and is ranked #8. Tokenomics: no maximum supply limit. Advantage: Active community, low fees, tipping charitable donations usages. All-time high (ATH) and all-time low (ATL): US$0.731 (May 2021) and US$0.0000869 (May 2015). Dogecoin (DOGE) is a public cryptocurrency that was created as a lighthearted joke poking fun at the crypto speculation by software engineers Billy Marcus and Jackson Palmer. Launched in 2013, it is considered the first "meme coin" in the world. Despite the fun-loving origin, Dogecoin, ironically, has a lot more use cases than the majority of crypto. Besides being accepted as a method of payment in places around the world, it is predominantly used as tips for online content creators and as donations for charities. Dogecoin gained notable increases in popularity and value after Elon Musk repeatedly tweeted about the coin on his personal account and had plans to use DOGE to pay for a mission of SpaceX. Learn more about Dogecoin (DOGE) What is Dogecoin (DOGE)? | What is Dogeday? How to get Dogecoin (DOGE) Consider investing in Dogecoin (DOGE)? One of the first steps you can take is to purchase crypto. There are various ways to do so, such as instantly buying crypto with credit/debit cards, via bank transfer, via peer-to-peer transactions, or even in-person purchases. Once you have cryptos, you can start trading DOGE on Bitget! Futures Market DOGEUSDT Spot Market DOGEUSDT DOGEUSDC DOGEBTC Cardano (ADA): The Peer-Reviewed Blockchain Overview Market Capitalization is US$9,212,030,431 and is ranked #9. Tokenomics: Fixed supply of 45 billion ADA. Advantage: Cardano aims to provide a more sustainable and scalable platform for smart contracts and DApps. All-time high (ATH) and all-time low (ATL): US$3.09 (Sep 2021) and US$0.01925 (Mar 2020) Cardano is a third-generation blockchain that utilizes the Proof-of-Stake (PoS) consensus mechanism. It was conceived in 2015 by Charles Hoskinson, co-founder of Ethereum, who departed his former project with the intention to improve upon Ethereum’s shortcomings and create a more complete decentralized network. Two years after a highly successful ICO in 2015, Cardano mainnet was released. As of now, Cardano supports multiple use cases and applications such as smart contracts, DeFi, Internet of Things, NFT, etc. How to get ADA Consider investing in Cardano (ADA)? It only takes 2 minutes to create an account on Bitget and start trading ADA. Futures market ADAUSDT Spot market ADAUSDT ADAUSDC Solana (SOL): The Speedster of the Pack Overview Market Capitalization is US$8,314,995,031 and is ranked #10. Tokenomics: Solana has a circulating supply with no hard cap mentioned in its whitepaper. Advantage: High throughput, fast transactions for DeFi and DApps. All-time high (ATH) and all-time low (ATL): US$259.96 (Nov 2021) and US$0.5008 (May 2020). Solana is a rising blockchain that debuted in 2017 and had its mainnet launched in 2020 with the aim to rival Ethereum. It boasts scalability with open source, fast speed, and low cost. Phantom, the most popular Solana wallet, experienced a six-fold increase in the number of active users from 200,000 in August 2021 to 1.2 million in October 2021. Even more impressive is the rise in TVL: from USD 135.61 million in April 2021 to USD 10.14 billion in October 2021. After only 1 year, Solana climbed to the top 6 biggest blockchains in the world in terms of total value lock (TVL). It could gain such incredible milestones because the unique Proof of History (PoH) mechanism invented by its founder Anatoly Yakovenko allows for efficient throughput without the need for additional scaling solutions. How to get Solana (SOL) Consider investing in Solana (SOL)? It only takes 2 minutes to create an account on Bitget and start trading SOL. Futures market SOLUSDT Spot market SOL/USDT SOL/USDC In conclusion, while these cryptocurrencies have solidified their standing by market cap, the dynamic nature of the digital asset space means positions can change rapidly. Bitget always encourages our users to research thoroughly before investing and to stay updated with the latest market trends. Crypto FAQs What are cryptocurrencies? A cryptocurrency, sometimes crypto for short, is a digital currency based on cryptography. Most cryptocurrencies are decentralized, that is, without any central authority for issuance or transaction verification. Thus, they offer a huge improvement in privacy and save on transaction costs. Crypto Tokens vs. Coins - What's the Difference? Like everything else, cryptocurrencies can be divided into different types and groups by a wide array of standards. The two most prevalent categories are coins and tokens. A crypto coin is the native currency to its own blockchain. For instance, BTC is native to the Bitcoin blockchain, just like ETH is native to the Ethereum blockchain. These coins can be transferred and used like traditional currencies, but the most important function they have is paying gas fees. These coins are generated by miners or validators during their mining or validation process and are not controlled by any central authority. Crypto tokens are similar to coins but are built on top of blockchains and are functionally more versatile. They can be: - Stablecoins, like USDT/USDC, that are pegged to real-world assets; - Utility tokens, like ARB, that provide access or powers to their holders; - or even non-fungible tokens (NFTs), like BAYCs, that spread your prominence over the entire social network. Simply create an account, and start exploring the incredible Bitget-Verse today! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions. The rankings mentioned in this article are based on data from CoinGecko as of August 31, 2023, and might change over time.

What Are the Top 10 Cryptocurrency Predictions for 2023–2025?

Cryptocurrency has become a hot topic in the financial world, generating much discussion in recent years. Investors have experienced a wild ride, with the market witnessing significant gains and losses within short periods. However, despite its volatility, cryptocurrency has steadily gained popularity, attracting an increasing number of investors. As we step into 2023, the cryptocurrency market is poised to continue its growth and evolution. This article delves into the top 10 cryptocurrency predictions for 2023. Bitcoin's Dominance Continues Since its inception in 2009, Bitcoin has reigned as the king of cryptocurrencies. It has consistently dominated the market, accounting for over 40% of the total market capitalization of all cryptocurrencies. In 2023, Bitcoin is expected to maintain its stronghold due to its first-mover advantage, network effect, and scarcity. If you're keen to understand more about the factors influencing Bitcoin's value and price, check out our article Bitcoin 101: Bitcoin Value and Price. Consider investing in Bitcoin (BTC)? It only takes 2 minutes to create an account on Bitget and start trading Bitcoin! Ethereum's Popularity Surges As the second-largest cryptocurrency by market capitalization, Ethereum has been steadily gaining popularity, primarily owing to its smart contract capabilities. The Shanghai Upgrade introduced a more energy-efficient proof-of-stake consensus mechanism to make the blockchain more scalable, secure, and sustainable. In 2023, we anticipate Ethereum's popularity to continue its upward trajectory as more developers build decentralized applications on its blockchain. Explore the Shanghai Upgrade and discover new Ethereum opportunities here. The Rise of Stablecoins Stablecoins, which are cryptocurrencies pegged to stable assets like the US dollar, aim to minimize volatility and offer a stable store of value. In 2023, the popularity of stablecoins is expected to soar as more individuals seek a stable alternative to traditional cryptocurrencies. Unlock the potential of stablecoins in the cryptocurrency industry with our article Crypto 101: The Role of Stablecoins in the Cryptocurrency Industry. Widened Adoption of Blockchain Technology Blockchain technology, the foundation underlying cryptocurrencies, holds numerous use cases beyond digital assets. In 2023, we anticipate blockchain technology to witness increased adoption across various industries such as healthcare, supply chain management, and finance. Discover the power of blockchain technology with Bitget Academy's Blockchain4Youth Initiative! Join our free Blockchain Fundamentals Course and gain the skills you need to shape the future More Nations Embrace Digital Currencies Several countries, such as China and Sweden, have already taken the leap and introduced their own digital currencies. As we progress through 2023, more countries are expected to follow suit, recognizing the benefits of digitizing their economies and reducing reliance on cash. The Soaring Growth of Decentralized Finance (DeFi) Decentralized finance (DeFi) has emerged as a dynamic ecosystem of financial applications built on blockchain technology. Its appeal lies in offering individuals decentralized alternatives to traditional financial services. In 2023, the growth trajectory of DeFi is projected to continue as more people explore and adopt these innovative financial solutions. Discover the real-world potential of blockchain and crypto in various industries. Dive into our comprehensive article, exploring practical use cases, success stories, and be part of the digital revolution in Part 1 | Part 2. Enhanced Regulatory Measures Given the predominantly unregulated nature of cryptocurrencies, concerns regarding fraud and money laundering have loomed large. As we look ahead to 2023, we expect to witness a surge in regulatory measures as governments worldwide endeavor to safeguard investors' interests and mitigate financial crimes. Institutional Investors Join the Fray Institutional investors, including hedge funds and asset managers, have been somewhat cautious about delving into the cryptocurrency market due to its volatility and lack of regulation. However, in 2023, we anticipate a notable increase in institutional investors' participation as they seek fresh investment opportunities in this evolving landscape. Heightened Focus on Environmental Sustainability The energy-intensive nature of cryptocurrency mining has raised valid concerns regarding its environmental impact. In the year 2023, we predict a heightened focus on environmental sustainability within the industry, as efforts intensify to reduce the carbon footprint associated with cryptocurrency operations. The Advent of New Cryptocurrencies Lastly, 2023 is likely to witness the emergence of new cryptocurrencies, each offering distinct features and unique use cases. These novel digital assets have the potential to disrupt the market and challenge the existing dominance of established cryptocurrencies. In summary, the cryptocurrency market is poised for continued growth and transformation in the year 2023. While Bitcoin retains its dominance, Ethereum and stablecoins will experience increased popularity. The adoption of blockchain technology will extend to diverse industries, and more nations will embrace digital currencies. Decentralized finance (DeFi) will flourish, accompanied by a rise in regulatory measures and a heightened focus on environmental sustainability. Finally, the arrival of new cryptocurrencies has the potential to reshape the market landscape, creating fresh opportunities and introducing new dynamics. For those passionate about expanding their knowledge of cryptocurrency trading and investing, Bitget Academy serves as a vital learning resource. With courses ranging from technical analysis to risk management, Bitget Academy equips learners with the necessary skills and knowledge to navigate the crypto market successfully. Begin your crypto journey by visiting Bitget Academy's website today! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

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

From Jokes to Jackpots: A New Era of Meme Coins on Bitget

In the realm of cryptocurrencies, nothing is static; trends ebb and flow like the tides of a digital sea. After the biting frost of a crypto winter, which saw many digital currencies plunge in value, the landscape seemed barren and desolate. Yet now, as the digital world begins to thaw, an unexpected trend is making an astonishing comeback: meme coins. When Digital Humor Turned Profit These aren't your grandpa's blue-chip cryptocurrencies like Bitcoin or Ethereum. These are tokens inspired by internet culture, quirky humor, and the collective spirit of the online community. Is it like a joke, you may ask? Absolutely not. Meme coins are attracting serious investment and attention, stirring a feeling of déjà vu among long-time observers of the cryptocurrency space. Back in 2021, when Dogecoin, the first meme coin created as a joke, skyrocketed in value and became a household name, largely thanks to high-profile endorsements from the likes of Elon Musk. The Dogecoin phenomenon was a moment of peak meme coin mania, with a peak price of $0.739, representing an increase of over 20,000%. Dogecoin Price Chart Source: TradingView Now, the spark seems to come back. Over the past few weeks, crypto enthusiasts have been pouring money into meme coins. According to Dune Analytics, the trading volume of meme coins in the crypto market saw a massive increase of six times last week, reaching $2.3 billion, which is the highest it has been since May 2021. This is a significant surge from the preceding week's trading volume of $387 million. Weekly volume in meme coins Source: Dune Analytics Are you curious about which meme coins are fueling the current market frenzy on Bitget? Let’s find out. Pepe (PEPE) - The Audacious Challenger Aiming to Dethrone Dogecoin Could a frog dethrone the king of meme coin? In the realm of digital finance, where internet memes can turn into billion-dollar assets overnight, the ascent of Pepe (PEPE), an audacious newcomer, is challenging the supremacy of Dogecoin. Pepe is a meme coin launched on 17 April 2023, with the inspiration of the “Pepe the Frog” meme by Matt Furie. The creators of Pepecoin have cheekily positioned it as "the most memeable meme coin in existence" on its official Twitter feed. Unafraid of stepping on toes, Pepecoin frequently makes veiled digs at Dogecoin and even crafts its own Pepe memes featuring the frog triumphing over other meme coins. Pepe Market Cap reached $1.65 billion on May 06, 2023. Source: CoinmarketCap Its whimsical origins and approach have not hindered its growth, as it quickly climbed the ranks to be one of the top 50 cryptocurrencies being traded according to CoinMarketCap as of May 09. Since its launch, the coin has risen an impressive 7378.89% with the market cap reaching a high of $1.65 billion at one point. Consider investing in Pepe (PEPE)? It only takes 2 minutes to create an account on Bitget and start trading PEPE. Dejitaru Tsuka (TSUKA) - The Enigmatic Brainchild of SHIB's Founder Dejitaru Tsuka (TSUKA) is a truly decentralized project created by the elusive founder of SHIB, RyoshiResearch. With no whitepaper, token sale, dev wallet, or tax on transactions, this project is fully distributed and entirely run by the community. TSUKA was first listed on a major exchange in September 2022 by Bitget, and even though it is shrouded in mystery and ciphers, what it has achieved is nothing short of legendary. SHIB's founder changed his profile photo to Milarepa The beginning of Dejitaru Tsuka was cryptic, with the founder of SHIB deleting all posts on social media and changing his profile picture to a picture of the highly-regarded Tibetan figure named Milarepa. Around the same time, a token with the ticker TSUKA was launched on Ethereum, and its developer left cryptic messages on the blockchain And the community noticed it! Despite having nothing on its official website, the official Twitter has reached 30,000 followers, and the market cap went up 47,740 times, from $3,000 to $143.22 million on February 15, 2023. This exponential growth is a testament to the power of the community-driven approach. For more information on Dejitaru Tsuka, refer to Dejitaru Tsuka (TSUKA) Inspires Decentralization with Tibetan Buddhism. Consider investing in Dejitaru Tsuka (TSUKA)? It only takes 2 minutes to create an account on Bitget and start trading TSUKA. ArbDoge AI (AIDOGE) - Fusing AI and Memes for Crypto Dominance ArbDoge AI (AIDOGE)is an exciting new project within the Arbitrum ecosystem that merges AI and memes to create a unique crypto experience. The AIDOGE is the backbone of the ArbDoge AI community, and it is distributed solely to community members. This deflationary token has a supply of 210,000,000,000,000,000, and whenever you purchase AIDOGE, you'll get a Lucky Drop ticket that gives you a chance to win ARB, Arbitrum’s main token. Impressive Statistics of ArbDoge AI as of May 10, 2023 Source: ArbDoge A website ArbDoge AI is not just another meme coin! It was created by a large group of AI organisms with a passion for the Arbitrum platform. They aim to develop a product line that fuses web3 and AI, with the ultimate goal of expanding Arbitrum's functionality for the benefit of the community. AICODE is another token that the team is producing as part of their ArbCity project, which is a virtual destination for community members to spend time. Consider investing in ArbDoge AI (AIDOGE)? It only takes 2 minutes to create an account on Bitget and start trading AIDOGE. Floki Inu (FLOKI): From Meme Coin to 'The People's Crypto' In June 2021, a tweet from tech mogul Elon Musk ignited a new wave in the already turbulent seas of cryptocurrency. He announced that he would name his pet Shiba Inu "Floki," leading to the birth of the Floki Inu coin. Initially conceived as a dog-themed meme coin, much like Dogecoin, Floki Inu, now simply known as Floki, has since evolved into something far more substantial. Elon Musk's tweet made FLOKI go viral. FLOKI is an ERC-20 and BEP-20 compliant token. This dual compatibility means that it operates on both the Ethereum and Binance Smart Chain (BSC) blockchains. The multi-chain nature of the token provides flexibility, allowing users to easily perform a 1:1 FLOKI swap on the ETH-BSC bridge via atomic swaps. Floki has received recognition from NASDAQ as one of the best metaverse currencies to buy in 2022. The creators of Floki envisage it as a movement, not just a meme coin. Their vision to construct schools in underdeveloped countries is a testament to the project's commitment to social betterment. Floki's evolution, growth, and future plans serve as an example of how cryptocurrencies can create a tangible impact in the real world, far beyond the digital realms they inhabit. Consider investing in Floki Inu (FLOKI)? It only takes 2 minutes to create an account on Bitget and start trading FLOKI. Disclaimer: All investment strategies and investments are subject to the risk of loss. Nothing contained in this article should be construed as investment advice. Users are strongly advised to do their due diligence and invest at your own risk.