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- Bitget Research: Crypto Market Volatility Remains Low, YGG Drives GameFi Sector Rally
Bitget Research: Crypto Market Volatility Remains Low, YGG Drives GameFi Sector Rally
Bitget Research
2023/08/07
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:
PNDC (Token) - A meme token issued by Pauly, a prominent PEPE holder. Its initial launch caused a GasWar on the
blockchain, but the project eventually failed due to issues during the sale. The current PNDC tokens are obtained through the exchange of tokens from the previous sale. There is currently US$20.6 million in token trading volume, with 6,572 transactions and 3,462 unique participating addresses, indicating a high level of speculation.
SOLANA (Token) - BarbieCrashBandicootRFK888Inu, has sparked a certain level of attention on social media and demonstrated high holder stickiness, and a strong CX ability in the long term. The project has adopted the same operation and marketing approach as BITCOIN and MOG and gained popularity due to widespread word-of-mouth promotion from existing supporters of BITCOIN and MOG. Last week, the token had a total of 13,523 on-chain transactions, with a daily on- XCNUSDT">
chain trading volume ranging from US$1.5 million to US$4 million USD；
科太币 (Token) - A
memecoin that aims to be a phenomenal homegrown coin from China. The token has a 24-hour trading volume of US$2.58 million, with 3595 transactions taking place. The token price has increased sevenfold, resulting in a current market capitalization of US$3.54 million. The project has generated significant wealth effects and is worth continued attention.
RLB (Token) - A gambling-related token leveraging NFT infrastructure and offering 1000x leverage in
cryptocurrency trading. Showing promising growth with a 24-hour trading volume of $5.32 million, though participation remains relatively low.
ETHK (Token) - A token that experienced a rapid surge followed by a significant sell-off, resulting in almost reaching zero value. A high-risk project with a 24-hour on-chain trading volume of $1.5 million, involving 2,873 unique addresses and 9,281 transactions.
IndiCoin (Token) - A token undergoing a Mint airdrop. Currently, 6.3 million ICs have already been minted and there are 63,000 independently held addresses on the chain. The token contract was created 37 days ago and the project is growing fast with some community attention.
VOXEL (Token) - A free-to-play, 3D turn-based RPG on-chain game with a primary narrative and gameplay approach similar to traditional RPGs. The tokens are on the GameFi track and are doing well due to the YGG pull-up over the weekend. The 24-hour on-chain volume was US$400,000 with 900 unique transactions.
HMX (Token) - The platform token for HMX, the next-generation decentralized perpetual exchange that offers cross-margin and multi-asset collateral support on Arbitrum. The coin has a 24-hour trading volume of US$875,000, and 559 transactions. It has an on-chain trading pool of US$1.1 million. The project has sound fundamentals and is worth continued attention.
Tether USD (Token) - According to The Block's report on August 5th, Tether, a stablecoin issuer, has become the 11th largest holder of Bitcoin globally, with operating profits from April to June exceeding US$1 billion. With the overall decrease in the issuance of USDC and the stable growth of Tether's profit margin, it is worth paying attention to whether Tether will be involved in the Real World Asset (RWA) sector in the future. If they enter this field, it is expected to significantly accelerate the tokenization process of traditional assets, leading to a substantial increase in the usage of USDT.
2. Popular NFTs:
MEDAL (NFT) - The SecondLive 2nd-anniversary commemorative NFT project has seen a considerable number of claim actions on-chain. However, it's important to note that these NFTs hold no trading significance, with 51,000 holders on-chain and no trading volume on Opensea. Participating in SecondLive's anniversary event can reward users with corresponding tokens and NFTs.
Pandra (NFT) - Pandra series NFTs issued by Polyhedra Network are undergoing cross-chain interactions through zkBridge and LayerZero. The deadline for the task is August 20th, and the NFT's transactions have been inflated by airdrop enthusiasts.
3. Popular DApps:
Zora (DApp) - Zora is a significant NFT release and a commemorative NFT Free Mint platform within the NFT market. The project has assisted numerous project owners and influencers with NFT releases and has a certain reputation within the community. The NFT designs are quite exquisite and have caught the attention of many artists. Recently the project introduced Protocol Rewards sharing program where creators and NFT developers can earn on-chain rewards at Zora.
Base (Dapp) - Base, the Coinbase Layer2 network mainnet will be publicly released for full public access on August 9th. Coinbase has launched Ethernet Bridges ahead of schedule, and Base's bridging feature is now live. A number of top projects have announced support for the Base network, including Opensea, Sushiswap, Moonwell, Stargate, and others. Base's TVL has now surpassed US$100 million, with an increase of over 90% in the past 7 days.
Trait Sniper.com (DApp) - Trait Sniper initiated an airdrop promotion for TS on the weekend, shortly after reaching 80,000 site visits due to significant community attention. Currently, the token has 110,000 unique holders, indicating a large user base. It has not been listed on any centralized exchange yet, making it an essential project to stay updated on.
Plexus (DApp) - Plexus is a cross-chain liquidity aggregator and a middleware infrastructure. On July 28, Plexus announced that it will conduct an IDO on Seedify, attracting significant attention from the community. A significant amount of progress has been made in product development in July, including the integration with Paraswap DEX, and bridge integrations with Connect, XYfinance, Symbiosis, and more. The fundamentals of the project have been improving, making it worth continued attention.
Layerswap (DApp) - This platform supports users in transferring assets across EVM chains such as Arbitrum, OP, Zksync, Starknet, and Polygon. Zkswap and Rollup.finance have already integrated Layerswap and will use the relevant cross-chain services. The project makes cross-chain operations simple and secure. With a solid foundation, it is an essential project to stay updated on.
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. LayerZero has passed more than 50 million messages between various chains, according to the latest official data. It continues to be the DApp that consumes the most gas on Arbitrum, mainly because core applications such as Stargate and Radiant use its cross-chain services. The project is an important cross-chain communication infrastructure.
SLG Games (Dapp) - the on-chain gambling platform that claims to be the best crypto casino in Web3 and relies on NFT technology for its infrastructure. The project has been deployed on public chains such as ETH, BSC, SOL, EOS, WAS, etc. Judging from the community, the project is not very well received and only known among a small number of users.
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). Tiny Tap will participate in the ISTE Live23 conference and has recently established a US$10 million Global Educators Fund, gaining considerable interest in the community.
DexView (DApp) - A one-stop DEX token trading and market sentiment website, with 3029 members on Telegram (150+ online). Recently, the market sentiment for speculative memecoins is good, which may lead to an increase in the number of users for such websites, making it essential to stay updated on this project.
ApeStake (Dapp) - Apecoin's official staking platform. It has recently seen its APE tokens fall along with the top NFT projects, as the entire NFT market entering cold winter. Yesterday, the GameFi sector saw an increase in value, and APE also had a short-term upward trend, which led to an increase in user adoption rate.
Playbux (DApp) - Playbux is a metaverse project on the BNB Chain that integrates real-world shops (shop-to-earn), DeFi, NFT, and virtual community promotions. The project has announced a partnership with iQIYI, a global streaming company, to introduce a 'Watch to Earn' feature, aimed at enabling users around the world to enjoy quality and free content. Recently, there have been rumors in the community about a token distribution plan, making it essential to stay updated on PlaybuxQuest.
Jump Trade (DApp) - Claiming to be Asia's largest NFT market, Jump Trade released its P2E cricket game NFT collection, Meta Cricket League NFTs. 55,000 NFTs were sold out within 9 minutes. Elangovan Kamesh, COO of the project, will be sharing his industry experience at the upcoming Web3 Startup conference in India.
Helio (DApp) - A Web3 payment platform, unrelated to the decentralized stablecoin project on BSC. The project has raised US$3.3 million in financing led by Solana Ventures. Today, it added a fiat payment channel for the BTC NFT market, which has been well received.
Galxe (DApp) - As on-chain task platforms and top DID apps become more and more important mediums for various project owners to attract traffic, interact with users and act as a credential for users to receive airdrops, Galxe continues to launch its weekly activities. It has co-hosted promotions with Base where users can receive ETH as rewards for answering questions and minting NFTs. The project has gained a lot of attention from the community.
Secondlive (DApp) - Led by Binance Labs, Secondlive is a Metaverse live-streaming platform on the BSC. The project is yet to launch its own token, with airdrop expectations. With multi-chain deployment, the project announced an expansion to the Scoll ecosystem and the launch of the Scroll Uniform NFT minting promotion. An event has recently been launched to mark its 2nd anniversary. Participants can receive commemorative 2nd Anniversary NFTs and tokens.
Linea (DApp) - An Ethereum Layer 2 solution launched by ConsenSys. Currently, Linea mainnet has bridged 21,945 ETH, and the number of unique users has reached 142,000. Two weeks ago, LayerZero was listed on the Linea mainnet. Applications can now be integrated with the new zkEVM rollup via LayerZero.
Seg Finance (DApp) - The contract address of the CrazyShoes Mall. It is related to the BRC-20 standard token SEG (Shoe Elimination Game). This token has over 20,000 holders, with 95% of the chips concentrated in one EOA address.
L2BEAT (DApp) - 2BEAT is an analytical and research website dedicated to Ethereum Layer 2 (L2) scaling. It offers a comparison of various Ethereum L2 systems available at present. A key distinction of L2BEAT from similar websites is that it is committed to educating users and only lists projects that meet the strict definition of L2. The project team defines Layer 2 as a chain that derives its security entirely or partially from Ethereum's Layer 1. This way, users do not have to rely on the honesty of the L2 validators to ensure the security of their funds. The activity level of the project has recently increased.
4. Twitter Hot Topics:
YGG (Token) - Recently, YGG has surged by 250% in the last 7 days, triggering a market-wide movement in the GameFi sector. Over the past 4 days, Wintermute has deposited 11.1 million YGG into exchanges, leading to significant improvements in YGG liquidity. It's worth keeping an eye on other GameFi tokens like GALA and MAGIC in the same sector.
DNX (Token) - KAS and DNX, the leading projects in the Proof-of-Work (Pow) sector, have reached new highs, making it one of the best-performing sectors this year. This is mainly due to the massive computational vacuum left by Ethereum's transition to Proof-of-Stake (POS), prompting the market to actively seek mining alternatives. KAS, with its strong community and quality background, has seen continuous price surges. Following KAS, DNX also rose after breaking through ETC, and given its low market value, it holds significant potential for growth.
5. Regional Trending Searches:
bitcoin (Token) - BTC continues to exhibit around $200 fluctuations over the weekend, with mainstream coins showing subdued performance. A key event to watch is August 13th, when the SEC will announce the result of the first BTC spot ETF application. Although a delay is likely, it could significantly impact BTC's potential volatility.
guild (Token) - With YGG's strong rally, tokens related to gaming guild concepts have also surged. The entire sector is currently lingering at its bottom. If there's a favorable market environment in the future, there might be a trend similar to July 2021, with YGG's launch and Axie Infinity's breakout driving an upward trend in the GameFi sector. It's essential to focus on GameFi projects for signs of breakthroughs to gauge the sustainability of the gaming sector's rally.
Main Body
Written by: Bitget Research
Data collection time: August 7, 10:30 AM
Data sources: Dune, DApps, Twitter, Google
Note:
1) New active users: Refers to wallet addresses that were newly created on the chain in the past 24 hours and had interactions on the chain.
2) Existing active users: Refers to wallet addresses that were created on the chain 24 hours ago and had interactions on the chain in the past 24 hours.
3) DApp daily activity (UAW: unique active wallets)
4) TGE (Token Generation Event)
1. BTC Profile - BRC-20
The BEC20 sector currently lacks any assets that show significant popularity. There is a noticeable decline in overall asse t prices, with the leading asset ORDI maintaining a continuous downward trend. Overall, the sector's popularity is moderate.
2. Blockchain Profile - ETH Chain
2.1 User Profile
2.1.1 Core Data
Total active users of ETH: 351,472
New active users of ETH: 66,732, with a daily decrease of 0.66%
Existing active users of ETH: 284,740, with a daily decrease of 4.68%
2.1.2 New User Profile
Core data: There were a total of 66,732 new active users on ETH yesterday, with a daily decrease of 0.66%
Popular Sectors
Popular Projects
Key Projects:
Zora (DApp) - Zora is a significant NFT release and a commemorative NFT Free Mint platform within the NFT market. The project has assisted numerous project owners and influencers with NFT releases and has a certain reputation within the community. The NFT designs are quite exquisite and have caught the attention of many artists. Recently the project introduced Protocol Rewards sharing program where creators and NFT developers can earn on-chain rewards at Zora.
2.1.3 Existing User Profile
Core data: The number of ETH active existing users is 284,740, with a daily decrease of 4.68%
Popular Sectors
Popular Projects
Key Projects:
Base (Dapp) - Base, the Coinbase Layer2 network mainnet will be publicly released for full public access on August 9th. Coinbase has launched Ethernet Bridges ahead of schedule, and Base's bridging feature is now live. A number of top projects have announced support for the Base network, including Opensea, Sushiswap, Moonwell, Stargate, and others. Base's TVL has now surpassed US$100 million, with an increase of over 90% in the past 7 days.
2.2 Popular Trading Pairs
2.2.1 Uniswap V2
PNDC (Token) - a meme token issued by Pauly, a prominent PEPE holder. Its initial launch caused a GasWar on the blockchain, but the project eventually failed due to issues during the sale. The current PNDC tokens are obtained through the exchange of tokens from the previous sale. There is currently US$20.6 million in token trading volume, with 6,572 transactions and 3,462 unique participating addresses, indicating a high level of speculation. https://dexscreener.com/ethereum/0xc64350c0eab6faed8f17cc2cdff0761c53fb4152
SOLANA (Token) - BarbieCrashBandicootRFK888Inu, has sparked a certain level of attention on social media and demonstrated high holder stickiness, and a strong CX ability in the long term. The project has adopted the same operation and marketing approach as BITCOIN and MOG and gained popularity due to widespread word-of-mouth promotion from existing supporters of BITCOIN and MOG. Last week, there are 13,523 transactions taking place on the chain, with 24h on-chain trading volume ranging from US$1.5M to US$4M; https://dexscreener.com/ethereum/0x41f50f520f5095fc8403df083285232b822611c3
科太币 (Token) - a memecoin that aims to be a phenomenal homegrown coin from China. The token has a 24-hour trading volume of US$2.58 million, with 3595 transactions taking place. The token price has increased sevenfold, resulting in a current market capitalization of US$3.54 million. The project has generated significant wealth effects and is worth continued attention. https://www.dextools.io/app/en/ether/pair-explorer/0x4be346cc45646bafc94b7d1bc9262ee0e9acb932
2.2.2 Uniswap V3
RLB (Token) - A gambling-related token leveraging NFT infrastructure and offering 1000x leverage in
cryptocurrency trading. Showing promising growth with a 24-hour trading volume of $5.32 million, though participation remains relatively low. https://www.dextools.io/app/en/ether/pair-explorer/0x510100d5143e011db24e2aa38abe85d73d5b2177
3. Blockchain Profile - BSC Chain
3.1 User Profile
3.1.1 Core Data
Total active users on BSC: 1,177,106
New active users on BSC: 164,752, with a daily decrease of 0.80%
Existing active users on BSC: 1,012,354, with a daily increase of 4.12%
3.1.2 New User Profile
Core data: There were a total of 164,752 new active users on BSC yesterday, with a daily decrease of 0.80%
Popular Sectors
Popular Projects
Key Projects:
Trait Sniper.com (DApp) - Trait Sniper initiated an airdrop promotion for TS on the weekend, shortly after reaching 80,000 site visits due to significant community attention. Currently, the token has 110,000 unique holders, indicating a large user base. It has not been listed on any centralized exchange yet, making it an essential project to stay updated on.
Apache NFT SalesRoom (NFT) - According to HashDit's report, the project is associated with a high risk of being used for rug pulls. The on-chain interactions within this project are considered risky. Therefore, it is not recommended to pay attention to this project.
3.1.3 Existing User Profile
Core data: The number of BSC active existing users is 1,012,354, with a daily increase of 4.12%
Popular Sectors
Popular Projects
Key Projects:
MEDAL (NFT) - The SecondLive 2nd-anniversary commemorative NFT project has seen a considerable number of claim actions on-chain. However, it's important to note that these NFTs hold no trading significance, with 51,000 holders on-chain and no trading volume on Opensea. Participating in SecondLive's anniversary event can reward users with corresponding tokens and NFTs. https://opensea.io/collection/medal-anniversary
3.2 Popular Trading Pairs
3.2.1 PancakeSwap V2
ASN (Token) - According to HashDit's report, the Apache NFT SalesRoom (NFT) project is involved in rug pull. The on-chain interactions within this project are considered risky. Therefore, it is not recommended to pay attention to this project.
ETHK (Token) - A token that experienced a rapid surge followed by a significant sell-off, resulting in almost reaching zero value. A high-risk project with a 24-hour on-chain trading volume of $1.5 million, involving 2,873 unique addresses and 9,281 transactions. https://dexscreener.com/bsc/0xb2b9ddab117757af3c6bec58e9339f1347972086
4. Blockchain Profile - Polygon Chain
4.1 User Profile
4.1.1 Core Data
Total active users on Polygon: 433,223
New active users on Polygon: 84,911, with a daily increase of 3.06%
Existing active users on Polygon: 348,312, with a daily decrease of 4.59%
4.1.2 New User Profile
Core data: There were a total of 84,911 new active users on Polygon yesterday, with a daily increase of 3.06%
Popular Sectors
Popular Projects
Key Projects:
Plexus (DApp) - Plexus is a cross-chain liquidity aggregator and a middleware infrastructure. On July 28, Plexus announced that it will conduct an IDO on Seedify, attracting significant attention from the community. A significant amount of progress has been made in product development in July, including the integration with Paraswap DEX, and bridge integrations with Connect, XYfinance, Symbiosis, and more. The fundamentals of the project have been improving, making it worth continued attention.
IndiCoin (Token) - A token undergoing a Mint airdrop. Currently, 6.3 million ICs have already been minted and there are 63,000 independently held addresses on the chain. The token contract was created 37 days ago and the project is growing fast with some community attention.
4.1.3 Existing User Profile
Core Data: The number of Polygon active existing users is 348,312, with a daily decrease of 4.59%
Popular Sectors
Popular Projects
Key Projects:
Pandra (NFT) - Pandra series NFTs issued by Polyhedra Network are undergoing cross-chain interactions through zkBridge and LayerZero. The deadline for the task is August 20th, and the NFT's transactions have been inflated by airdrop enthusiasts.
4.2 Popular Trading Pairs
4.2.1 Uniswap V3
VOXEL (Token) - A free-to-play, 3D turn-based RPG on-chain game with a primary narrative and gameplay approach similar to traditional RPGs. The tokens are on the GameFi track and are doing well due to the YGG pull-up over the weekend. The 24-hour on-chain volume was US$400,000 with 900 unique transactions.
5. Blockchain Profile - Arbitrum Chain
5.1 User Profile
5.1.1 Core Data
Arbitrum Active Users: 149,229
Arbitrum New Active Users: 20,132, with a daily decrease of 9.52%
Arbitrum Existing Active Users: 129,097, with a daily decrease of 3.17%
5.1.2 New User Profile
Core data: There were a total of 20,132 new active users on Arbitrum yesterday, with a daily decrease of 9.52%
Popular Sectors
Popular Projects
Key Projects:
Layerswap (DApp) - This platform supports users in transferring assets across EVM chains such as Arbitrum, OP, Zksync, Starknet, and Polygon. Zkswap and Rollup.finance have already integrated Layerswap and will use the relevant cross-chain services. The project makes cross-chain operations simple and secure. With a solid foundation, it is an essential project to stay updated on.
5.1.3 Existing User Profile
Core data: The number of Arbitrum active existing users is 129,097, with a daily decrease of 3.17%
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. LayerZero has passed more than 50 million messages between various chains, according to the latest official data. It continues to be the DApp that consumes the most gas on Arbitrum, mainly because core applications such as Stargate and Radiant use its cross-chain services. The project is an important cross-chain communication infrastructure.
5.2 Popular Trading Pairs
5.2.1 Uniswap V3
HMX (Token) - the platform token for HMX, the next-generation decentralized perpetual exchange that offers cross-margin and multi-asset collateral support on Arbitrum. The coin has a 24-hour trading volume of US$875,000, and 559 transactions. It has an on-chain trading pool of US$1.1 million. The project has sound fundamentals and is worth continued attention. https://dexscreener.com/arbitrum/0x05bbaaa020ff6bea107a9a1e06d2feb7bfd79ed2
6. DApp Ecosystem - All Chains
SLG Games (Dapp) - the on-chain gambling platform that claims to be the best crypto casino in Web3 and relies on NFT technology for its infrastructure. The project has been deployed on public chains such as ETH, BSC, SOL, EOS, WAS, etc. Judging from the community, the project is not very well received and only known among a small number of users.
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). Tiny Tap will participate in the ISTE Live23 conference and has recently established a US$10 million Global Educators Fund, gaining considerable interest in the community.
7. DApp Ecosystem - ETH Chain
DexView (DApp) - A one-stop DEX token trading and market sentiment website, with 2580 members on Telegram (150+ online). Recently, the market sentiment for speculative memecoins is good, which may lead to an increase in the number of users for such websites, making it essential to stay updated on this project.
ApeStake (Dapp) - Apecoin's official staking platform. It has recently seen its APE tokens fall along with the top NFT projects, as the entire NFT market entering cold winter. Yesterday, the GameFi sector saw an increase in value, and APE also had a short-term upward trend, which led to an increase in user adoption rate.
8. DApp Ecosystem - BSC Chain
Playbux (DApp) - Playbux is a metaverse project on the BNB Chain that integrates real-world shops (shop-to-earn), DeFi, NFT, and virtual community promotions. The project has announced a partnership with iQIYI, a global streaming company, to introduce a 'Watch to Earn' feature, aimed at enabling users around the world to enjoy quality and free content. Recently, there have been rumors in the community about a token distribution plan, making it essential to stay updated on PlaybuxQuest.
9. DApp Ecosystem - Polygon Chain
Jump Trade (DApp) - Claiming to be Asia's largest NFT market, Jump Trade released its P2E cricket game NFT collection, Meta Cricket League NFTs. 55,000 NFTs were sold out within 9 minutes. Elangovan Kamesh, COO of the project, will be sharing his industry experience at the upcoming Web3 Startup conference in India.
10. DApp Ecosystem - WAX Chain
The UAW (User-Active Wallets) metric for projects on the WAX chain has not shown significant changes.
11. DApp Ecosystem - Solana Chain
Helio (DApp) - A Web3 payment platform, unrelated to the decentralized stablecoin project on BSC. The project has raised US$3.3 million in financing led by Solana Ventures. Today, it added a fiat payment channel for the BTC NFT market, which has been well received.
12. DApp Ecosystem - Arbitrum Chain
Galxe (DApp) - As on-chain task platforms and top DID apps become more and more important mediums for various project owners to attract traffic, interact with users and act as a credential for users to receive airdrops, Galxe continues to launch its weekly activities. It has co-hosted promotions with Base where users can receive ETH as rewards for answering questions and minting NFTs. The project has gained a lot of attention from the community. https://twitter.com/Galxe/status/1687090816286642176
13. DApp Ecosystem - GameFi Sector Across All Chains
Secondlive (DApp) - Led by Binance Labs, Secondlive is a Metaverse live-streaming platform on the BSC. The project is yet to launch its own token, with airdrop expectations. With multi-chain deployment, the project announced an expansion to the Scoll ecosystem and the launch of the Scroll Uniform NFT minting promotion. An event has recently been launched to mark its 2nd anniversary. Participants can receive commemorative 2nd Anniversary NFTs and tokens.
14. Gas Fee Consumption - ETH Chain
Linea (DApp) - An Ethereum Layer 2 solution launched by ConsenSys. Currently, Linea mainnet has bridged 21,945 ETH, and the number of unique users has reached 142,000. Two weeks ago, LayerZero was listed on the Linea mainnet. Applications can now be integrated with the new zkEVM rollup via LayerZero.
15. Gas Fee Consumption - BSC Chain
Seg Finance (DApp) - The contract address of the CrazyShoes Mall. It is related to the BRC-20 standard token SEG (Shoe Elimination Game). This token has over 20,000 holders, with 95% of the chips concentrated in one EOA address.
16. Gas Fee Consumption - Polygon Chain
L2BEAT (DApp) - 2BEAT is an analytical and research website dedicated to Ethereum Layer 2 (L2) scaling. It offers a comparison of various Ethereum L2 systems available at present. A key distinction of L2BEAT from similar websites is that it is committed to educating users and only lists projects that meet the strict definition of L2. The project team defines Layer 2 as a chain that derives its security entirely or partially from Ethereum's Layer 1. This way, users do not have to rely on the honesty of the L2 validators to ensure the security of their funds. The activity level of the project has recently increased.
17. Gas Fee Consumption - Arbitrum Chain
Tether USD (Token) - According to The Block's report on August 5th, Tether, a stablecoin issuer, has become the 11th largest holder of Bitcoin globally, with operating profits from April to June exceeding US$1 billion. With the overall decrease in the issuance of USDC and the stable growth of Tether's profit margin, it is worth paying attention to whether Tether will be involved in the Real World Asset (RWA) sector in the future. If they enter this field, it is expected to significantly accelerate the tokenization process of traditional assets, leading to a substantial increase in the usage of USDT.
18.Twitter Trends Token Top 20
YGG (Token) - Recently, YGG has surged by 250% in the last 7 days, triggering a market-wide movement in the GameFi sector. Over the past 4 days, Wintermute has deposited 11.1 million YGG into exchanges, leading to significant improvements in YGG liquidity. It's worth keeping an eye on other GameFi tokens like GALA and MAGIC in the same sector.
DNX (Token) - KAS and DNX, the leading projects in the Proof-of-Work (Pow) sector, have reached new highs, making it one of the best-performing sectors this year. This is mainly due to the massive computational vacuum left by Ethereum's transition to Proof-of-Stake (POS), prompting the market to actively seek mining alternatives. KAS, with its strong community and quality background, has seen continuous price surges. Following KAS, DNX also rose after breaking through ETC, and given its low market value, it holds significant potential for growth.
19. Google Trends - Global
bitcoin (Token) - BTC continues to exhibit around $200 fluctuations over the weekend, with mainstream coins showing subdued performance. A key event to watch is August 13th, when the SEC will announce the result of the first BTC spot ETF application. Although a delay is likely, it could significantly impact BTC's potential volatility.
guild (Token) - With YGG's strong rally, tokens related to gaming guild concepts have also surged. The entire sector is currently lingering at its bottom. If there's a favorable market environment in the future, there might be a trend similar to July 2021, with YGG's launch and Axie Infinity's breakout driving an upward trend in the GameFi sector. It's essential to focus on GameFi projects for signs of breakthroughs to gauge the sustainability of the gaming sector's rally.
20. Google Trends Surge - East Asia, South Asia, Southeast Asia, Hong Kong, Macau, and Taiwan
a) South Asia Region
India Trending Keywords and Tokens: YGG, GTC, PI, Crypto bubble, etherscan
Pakistan Trending Keywords and Tokens: Crypto calculator, SHIB, Coinbase, MATIC, Airdrop crypto
b) Southeast Asia Region
Malaysia Trending Token: XRP
Philippines Trending Keywords: Coingecko, YGG,
bitcoin price
Indonesia Trending Keywords: Crypto Faucet, Crypto Price now, How to play crypto, how Crypto works;
c) East Asia and Hong Kong, Macau, and Taiwan Trending Tokens: no data available
21. Google Trends Surge - English-speaking Countries, Europe, CIS Region
a) CIS Region Trending Keywords: Airdrop, Dune, Crypto Bubbles, Crypto Wallet
b) English-speaking Countries
Canada Trending Tokens: SHIB, CEL, BTC, API3, PI
US Trending Tokens: OXT, API3, JOE
Australia Trending Tokens: BTC, XRP, SHIB, CEL
UK Trending Tokens: API3, KODA, GALA, UNIBOT, CEL
c) Europe
Spain Trending Tokens: UNI, SOL, YGG, XLM, XRP, ETH
Germany Trending Tokens: DOGE, TRX, GALA, BNT
France Trending Tokens: MAGIC, VENOM, KAS, GTC
Switzerland Trending Keywords: HEX
Turkey Trending Keywords: Binance, Selcoin
22. Google Trends Surge - Middle East, Latin America, Africa
a) Africa
Nigeria Trending Token: XRP
South Africa Trending Token: SHIB
b) Middle East Trending Keywords: Binance, Crypto News, Crypto bubbles
c) Latin America
Brazil Trending Tokens: API3, AXS, YGG
Argentina Trending Tokens: SHIB, TRX
Mexico Trending Token: SHIB
References
1. Dune Dashboard - Blockchain Profile: https://dune.com/bitgetresearch/bitgetreseach-chains-overview
2. Dune Dashboard - Gas Fee Consumption: https://dune.com/bitgetresearch/gas-overview
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