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Monad (MON) ICO: Complete Guide to the Upcoming Public Token Sale on Coinbase

Monad, a next-generation Layer-1 blockchain, is preparing for the highly anticipated launch of its native MON token, with a public sale taking place on Coinbase’s newly launched Token Sales platform. Backed by prominent investors and built by Category Labs, Monad is positioning itself as a high-performance, Ethereum Virtual Machine (EVM)-compatible network that combines scalability with true decentralization. This article provides a detailed, step-by-step guide for prospective investors and crypto enthusiasts seeking to participate in the MON token ICO and to understand Monad’s tokenomics, mainnet roadmap, and ecosystem outlook. Overview: What Is Monad? Monad is a high-throughput, EVM-compatible blockchain designed to deliver over 10,000 transactions per second (TPS) with low transaction fees and rapid finality of around 0.8 seconds. The project’s mission is to tackle the scalability challenges seen in leading networks like Ethereum while ensuring decentralization and providing widespread access for both users and developers. Since its founding in 2022, Monad, operated by Category Labs, has raised $225 million from notable backers such as Paradigm, Dragonfly Capital, Electric Capital, and Castle Island Ventures. The network is set to launch with 200 globally distributed validators running on consumer-grade hardware to further lower the barriers to entry. Public MON Token Sale: Key Dates and Details Token Sale Dates: Start: November 17, 2025 End: November 22, 2025 Platform: Coinbase Token Sales Token Generation Event and Mainnet Launch: November 24, 2025 (9:00 AM ET | 14:00 UTC) Offering: 7.5 billion MON (7.5% of the total MAX supply of 100 billion) Fixed price: $0.025 per MON token Minimum investment: $100 Maximum investment: $100,000 Available in over 80 countries, including the USA Public Sale Methodology:To ensure fair access and minimize dominance by ‘whales,’ Monad and Coinbase will employ an algorithm that prioritizes smaller requests and retail participants. This prevents single entities from cornering large portions of the allocation at the expense of smaller buyers. Participation Eligibility and Registration Process To join the MON token sale on Coinbase, you MUST complete the following: 1. Coinbase Account Creation & Verification Register for a Coinbase account using a valid email address. Complete Know-Your-Customer (KYC) by uploading a government-issued photo ID. Pass all of Coinbase’s compliance and anti-money laundering (AML) checks. Verify your phone number with an SMS code. 2. Security Setup Enable two-factor authentication (2FA) to secure your account. Only verified users who pass all compliance steps and identity checks will be eligible. Participants should act early to ensure compliance well before the sale window. MON Tokenomics: Supply, Allocation, and Vesting Monad’s tokenomics are designed to foster long-term ecosystem growth, reward stakeholders, and ensure robust security. Total Supply: 100,000,000,000 (100 billion) MON tokens Initial Unlock at Launch: ~10.8 billion MON (10.8%) expected immediately tradable (mainly from public sale and airdrop allocations) Distribution Breakdown: PURPOSE ALLOCATION (%) NOTES Ecosystem Development 38.50% For network incentives, devs, partnerships Team 27% With extended vesting schedules Investors 19.70% VC & strategic backers, subject to lock-up and vesting Public Sale 7.50% Sale on Coinbase Category Labs Treasury 4% Treasury management Airdrop 3.30% To stimulate early user participation Token Locking and Staking More than 50% of MON’s supply will be locked at launch, including all team, investor, and treasury allocations. No staking rewards will be granted on locked tokens—staking will only be available for actively participating validators. This addresses common concerns about insiders earning passive yield on locked or unvested tokens and reinforces the integrity of Monad’s distribution. As other projects have faced criticism for “double-dipping” (staking then locked allocations), Monad’s decision to ban staking for these tokens at launch sets a new transparency and fairness standard for major token launches. Mainnet Launch and Future Roadmap Monad’s mainnet is officially scheduled to launch on November 24, 2025. At genesis, the network will feature 200 globally distributed validators, each running on standard consumer-grade hardware. This approach is specifically designed to make participation accessible, enhance decentralization, and strengthen the security and resilience of the network from inception. For the initial token distribution, 3.3% of the MON total supply has been allocated to airdrop participants, with these tokens being distributed at the moment of mainnet launch. Both airdrop tokens and MON acquired through the public sale will be instantly unlocked and freely tradable, ensuring immediate liquidity and involvement from early community members. In contrast, other allocations—such as those designated for the Monad team, early investors, and the project’s treasury—will be subject to phased, long-term unlock schedules. This measured approach supports sustainable ecosystem growth and protects against sudden market fluctuations that could arise from large-scale token releases. Regarding the overall supply, MON tokens are expected to see slight inflation over time due to validator rewards, which serve as incentives for network participation and security. However, Monad incorporates deflationary mechanisms, including potential token burns, that may counterbalance inflation and help maintain long-term value stability for the MON token. Market Price & Trading Pre-market trading on major exchanges has reported volatile prices, with some speculative spikes from $0.53 upwards, even briefly as high as $39 and $155. MON has seen significant short interest on some decentralized exchanges, indicating anticipation of price action or volatility immediately following launch. Prospective buyers should exercise caution and consider volatility risk, especially given the history of recent high-profile launches that saw post-listing corrections. Final Thoughts The Monad ICO on Coinbase represents a rare opportunity for retail investors to participate in a major layer-1 blockchain at genesis. Its strict anti-whale measures, transparent tokenomics, and high-performance technical architecture differentiate it from prior launches. However, potential investors must conduct their own research and assess their risk tolerance—crypto markets remain volatile, especially for token launches with strong pre-market speculation. 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.

Solana Saga Ends: What’s Next for Crypto Phones? Full Guide to Solana Seeker & Trump Phone

In a move that has made ripples across the crypto and tech communities, Solana Mobile has officially announced the end-of-life for its flagship blockchain smartphone, the Saga. Less than two years after its 2023 release, software and security updates have been discontinued. Users are now cautioned about security risks and potential application failures, as compatibility with future services is no longer guaranteed. The phone’s discontinuation marks a dramatic turning point in the evolution of crypto-focused mobile devices—and places the entire concept under the microscope as new players, including Solana’s own Seeker and the high-profile Trump phone, vie for market attention. What Was the Solana Saga Phone, and How Did It Emerge in the Market? The Solana Saga burst onto the scene in May 2023, championed as the first smartphone designed from the ground up with Web3 integration at its core. A bold collaboration between blockchain powerhouse Solana and hardware design firm OSOM, Saga was built to serve as a “crypto-native” smartphone for the Solana ecosystem. Originally priced at $1,000, the Saga struggled to capture the mass market, forcing a later price cut to $599. Only about 20,000 units were sold—an underwhelming figure given the anticipation surrounding its launch. The device, running an Android OS with a dedicated Solana dApp Store, boasted several features aimed at crypto enthusiasts, including the integrated Seed Vault (a biometric-secured hardware wallet), and a promise of exclusive airdrops and NFT access. From Sales Failure to “Printing Machine”: The BONK Airdrop Phenomenon For most of 2023, Saga was considered an outright commercial flop. Users were largely indifferent, even as prices fell. However, the market dynamic shifted dramatically due to a phenomenon unique to the crypto world: the “airdrop.” In late 2023, every Saga owner became eligible to claim 30 million BONK, a meme coin native to Solana’s ecosystem. Initially worth almost nothing, BONK’s value exploded amidst a broader meme coin bull run, turning this airdrop into a windfall worth more than the phone’s retail price—sometimes well in excess of $1,000. Airdrop to Solana Saga Holders The result was a reversal of fortune. Saga phones sold out almost overnight as word spread across social media. Devices became hot commodities on secondary markets, trading at multiple times their original price. The smartphone was suddenly more than a communication device—it was a direct ticket into the unfolding digital asset economy, an “entry pass” to exclusive financial upside within Solana’s ecosystem. This case illustrated a potentially disruptive new business model: using hardware as a distribution channel for digital assets. Solana Saga’s Successor: Enter the Solana Seeker Learning from both the hardware missteps and the viral success of the BONK airdrop, Solana Mobile released the Seeker on August 4, 2025. The new model departs from the lofty specs (and price) of the Saga in favor of a more medium-range device, targeting a wider user base at just $500. Hardware and Usability Processor and Memory: The Seeker features a MediaTek Dimensity 7300 chipset, 8GB of RAM, and 128GB internal storage. Though a step down from the Saga’s 12GB RAM and Snapdragon 8 Gen 1 chip, real-world use remains smooth for most non-AAA gaming and everyday blockchain tasks. Camera: Photography receives a substantial upgrade, moving to a 108MP main camera with optical image stabilization and a 32MP front camera—substantially better on paper, though still only “mid-range” by enthusiast standards. Battery & Display: With a robust battery that lasts up to two days, wireless charging, and a slightly higher-resolution AMOLED display, the Seeker is well-equipped for daily usage. Design: The device is lighter, smaller, and thus more user-friendly for mainstream adoption. Security and Web3 Integration Seed Vault Hardware Wallet: Carrying forward its predecessor’s strongest innovation, the Seeker’s Seed Vault remains one of the only truly hardware-based crypto wallets in the smartphone sector, isolated via a "Trusted Execution Environment." This means private keys never leave secure hardware, keeping on-phone assets significantly more secure. Biometric authentication (fingerprint scanner) allows seamless, practical access for transactions. Genesis Token and Seeker Wallet: On first setup, every Seeker assigns a unique, soulbound NFT—the Seeker Genesis Token—linking user and device, and unlocking future rewards within the Solana ecosystem. It also creates a personalized wallet identity (e.g., Anatoly.skr). Solana dApp Store: A Work in Progress One of the main selling points, the Solana dApp Store, is still finding its stride. With over 140 dApps across DeFi, gaming, NFTs, and more, functionality is inconsistent. Many apps don’t support the native Seeker Wallet and require email sign-ups instead. A considerable number have slow update cycles, and only a subset are fully Web3-native. While the platform is positioned to eventually rival app stores like Google Play or Apple’s App Store without the substantial developer fees, it clearly needs refinement for mass trust and adoption. Solana Seeker Dapp Ecosystem The Trump Phone: Crypto, Patriotism, and Market Positioning In a parallel but ideologically distinct move, the Trump family launched the “Trump Phone” and the “47 Plan” mobile service package—named for the ambition of Donald J. Trump returning as the 47th President. Centered on a golden “T1” smartphone, the Trump Phone plays heavily on “America First” branding, with the promise it is “Designed and Manufactured in the USA.” Analyzing the “Made in America” Claim Given the realities of global hardware supply chains (processors from Qualcomm or MediaTek, OLED screens from Samsung or BOE, batteries from LG or CATL), producing a phone fully in America is nearly impossible under US Federal Trade Commission (FTC) definitions. In practice, the Trump phone is almost certainly assembled in the US from internationally sourced components—leveraging the legal gray area between "manufactured" and "assembled." This patriotic messaging is a strategic play to capture a demographic motivated by American nationalism. Positioning and Market Appeal The Trump phone is paired with a $47.45/month "47 Plan," which includes not just mobile service but also extras like roadside assistance and telemedicine—catering directly to conservative, older, rural, or tradition-minded consumers. While not price-competitive with other MVNOs like Mint Mobile or Visible, the true product here is the bundled sense of political identity and preparedness. The Trump phone, thus, is less a hardware innovation and more a symbol of community, ideology, and loyalty, timed for maximum visibility during Trump’s new presidential campaign. Conclusion: Crypto Phones and Future Directions The discontinuation of the Solana Saga is emblematic of both the rampant experimentation and volatility within the intersection of blockchain and consumer electronics. While the Saga’s hardware-centric approach failed to gain lasting traction, it revealed the immense potential of coupling digital asset distribution with physical device sales. The viral “airdrop” effect underscores a new paradigm where hardware can serve as a gateway to exclusive financial opportunities. The next-generation Solana Seeker is a more refined, affordable, and user-centric response, but its true success will rest on the continued evolution and reliability of decentralized apps and Web3 services—areas where the crypto phone market remains nascent. Meanwhile, the Trump Phone illustrates how mobile devices can be transformed into vehicles for political and ideological identity, using hardware and service bundling to create a sense of belonging and mutual interest beyond mere functionality. As the crypto phone market continues to evolve, it will be shaped not only by technology and security features, but also by the ecosystems, incentives, and brand values that devices bring to their users. Both the Solana and Trump phone sagas suggest that the next great leap in the smartphone market could be as much about community and digital ownership as about processors and screens.

Charlie Kirk: His Legacy, The Tragic Shooting, and the Wild World of Charlie Kirk Crypto Tokens

On September 10, 2025, the world was stunned when Charlie Kirk, a 31-year-old conservative activist and prominent public speaker, was shot and killed while addressing a crowd at Utah Valley University. Kirk’s story took an unexpected turn not only in American political history but also within the fast-moving world of cryptocurrency. In the hours following his tragic death, the crypto market exploded with dozens of tokens themed around “Charlie Kirk,” as speculative and commemorative trading turned his legacy into a digital commodity. In this article, we explore who Charlie Kirk was, his rise to national prominence and crypto advocacy, the story behind the eruptive “Charlie Kirk crypto” phenomenon, and what these meme coins teach us about ethics and speculation in the digital asset world. Who Was Charlie Kirk? Charlie Kirk rose from suburban Illinois to become a defining figure of American conservative youth activism. Born in 1993, Kirk’s journey began in earnest at just 18 years old, when he co-founded Turning Point USA (TPUSA) alongside Bill Montgomery. The group’s focus on promoting conservative viewpoints on U.S. college campuses turned it into a national movement. By 2024, TPUSA spread across more than 3,000 U.S. high schools and colleges, amassing over 650,000 lifetime student members. Kirk was well-known for hosting raucous campus debates under the banner "Prove Me Wrong," where he directly challenged students and critics on issues ranging from free speech to economic policy. His online presence was immense, with millions of followers on Instagram, X (formerly Twitter), and TikTok, and he hosted the popular Charlie Kirk Show podcast. Through Turning Point USA and his own media, “Charlie Kirk” became synonymous with the culture war debates of a generation, blending political organizing and adept social media use to galvanize conservative youth. Charlie’s Road to the White House Charlie Kirk’s influence extended far beyond college lecture halls and social media. In 2019, he founded Turning Point Action, a direct political advocacy group supporting conservative candidates, most notably Donald Trump. After the disputed 2020 election, Kirk and his network vocally supported Trump’s cause, helping rally young voters for the 2024 presidential campaign. Kirk’s social media megaphone was pivotal in this youth mobilization, with his commentary frequently cited as instrumental in energizing the conservative base. By March 2025, his profile had risen so high that President Trump appointed him to the United States Air Force Academy Board of Visitors, a prestigious recognition of Kirk’s impact on Republican politics. Sadly, Kirk’s journey ended abruptly. During “The American Comeback Tour” at UVU, Kirk was shot while fielding questions about America’s mass shooting crisis—ironically becoming its latest high-profile casualty. The incident shocked the nation, drawing bipartisan condemnation and tributes, with figures like Barack Obama and Robert F. Kennedy Jr. recognizing “Charlie Kirk” as a crusader for free speech and youth activism. Charlie Kirk as the Best Bitcoin Advocate If “Charlie Kirk” was a flashpoint in conservative politics, he was equally remarkable in his stance on cryptocurrency. Among political figures, Charlie Kirk stood out as one of the strongest advocates for Bitcoin and digital financial sovereignty. Beginning in 2023 and throughout the 2024 election cycle, Kirk integrated crypto education directly into his activism. On his popular podcast and at multiple campus appearances, he often told his young audience: “Bitcoin is freedom money. It’s outside the reach of central banks, and that’s exactly why young people need to own some.” He warned of the dangers of unchecked Federal Reserve money printing, regularly arguing: “If the Fed can print at will, your savings are never safe. Bitcoin is the alternative they can’t control.” What set Charlie Kirk apart as a crypto advocate was connecting Bitcoin to themes of individual liberty and generational justice. He taught students and followers that Bitcoin’s hard cap of 21 million coins provided a critical hedge against inflation and loss of purchasing power—pressures felt keenly by the debt-burdened younger generation. By the 2024 election season, his message went further, aligning Bitcoin and crypto ownership with a broader narrative of resistance to government overreach and centralized economic control. Kirk’s ability to simplify complex financial ideas and embed them in the fight for freedom made his “Charlie Kirk crypto” message uniquely resonant. Charlie Kirk Crypto: A Deep Dive The intersection of public tragedy and the crypto market became painfully obvious after Kirk’s assassination. In the hours after news of his death, the crypto sphere was flooded with “Charlie Kirk crypto” tokens—meme and tribute coins launched on various blockchains, particularly Solana and Ethereum-compatible platforms. What Happened with the Charlie Kirk Crypto Tokens? Almost instantly after headlines broke, anonymous developers rolled out new tokens with names like “Charlie Cartman,” “RIP CHARLIE KIRK,” and “Justice For Charlie.” Data from DexScreener and industry reporters highlight the scale of this speculative frenzy: The “Charlie Cartman” token soared to a $74.9 million market cap in just four hours, with more than 23,000 trades and over $2.4 million in volume. “Justice for Charlie” racked up $12.4 million in market cap and saw more than 114,000 trades in 13 hours. “RIP CHARLIE KIRK” posted $28.1 million in trading volume before the inevitable crash began. Other Charlie Kirk crypto tokens, such as “KIRK,” experienced extreme volatility—some dropping by 85% before rebounding over 2,000% in a 24-hour period, only to decline again as profits were taken and speculative hype faded. While some traders framed these coins as digital tributes, many in the crypto community criticized the launches as opportunistic profiteering prompted by tragedy. This rapid-fire cycle is a recognizable pattern among meme tokens springing from celebrity deaths and major news events. Where to Buy Charlie Kirk Crypto Tokens If you are interested in buying Charlie Kirk crypto tokens, most such meme tokens are available on decentralized exchanges (DEXs) like pump.fun for Solana, and platforms such as Uniswap and PancakeSwap for Ethereum.To purchase: Connect a compatible wallet (such as MetaMask, Phantom, or Trust Wallet) to the selected DEX. Search for the specific Charlie Kirk crypto token’s contract address (always verify via reputable sources to avoid copycat scams). Swap your existing crypto (SOL, ETH, or BNB) for the Charlie Kirk-themed token. Warning: These tokens are generally highly volatile, very risky, and often have no underlying value or development roadmaps. What Other Commemoration Token Stories Tell Us The “Charlie Kirk crypto” explosion is only the newest example of event-driven meme coin mania. Tragically, this pattern is nothing new in the cryptocurrency market: In August 2025, the Justice for Iryna (IRYNA) token launched after Iryna Zarutska’s murder, shooting from $0.000055 to $0.25 before collapsing back and wiping out almost all gains. Earlier cases such as Ozzy Osbourne and Hulk Hogan-themed coins echoed this meteoric rise-and-fall pattern. Most such tokens lack transparency, utility, or any development teams. The lessons are clear: most event-driven and “remembrance” tokens experience a short-lived pump—driven by hype, social sharing, and emotional reactions—before rapidly collapsing as speculative attention moves on. Conclusion For those interested in “Charlie Kirk” both as a political figure and as an influencer in the crypto world, his legacy is a reminder of how digital finance and social movements can merge. Yet the speculative surge in Charlie Kirk crypto coins also highlights the risks for retail investors: most of these tokens are driven purely by hype, emotion, and headlines—and typically end with dramatic losses for most traders. Before engaging in any Charlie Kirk crypto or meme tokens, always conduct thorough research, use reputable platforms, and understand the volatile nature of these speculative markets.

How Much Will Pi Be Worth in 2030? Is Now the Time to Buy?

The rise of Pi Network has sparked curiosity and debate across the cryptocurrency community. Launched as an accessible alternative to traditional crypto mining, Pi Network has attracted millions of users globally. Yet, one of the most common questions remains unanswered: How much will Pi Coin be worth in 2030? For many investors, Pi Coin represents an opportunity to participate in a digital currency revolution. But can this mobile-first cryptocurrency fulfill its promise, and what is its future value likely to be? As the project moves beyond its early development phase and towards broader adoption, now may be a pivotal time to consider the prospects for Pi Coin. In this article, we examine expert predictions, explore the factors influencing Pi Coin’s value, and assess whether now is the right time to buy. What Is Pi Network? Pi Network is a blockchain-based platform founded in 2019 by a team of Stanford graduates, Nicolas Kokkalis and Chengdiao Fan. Its goal is to make cryptocurrency mining accessible to everyone. Unlike Bitcoin or other traditional cryptocurrencies that rely on energy-intensive mining rigs, Pi Network enables users to mine Pi Coin directly from their smartphones through the Pi app. This energy-efficient approach has made Pi mining far more inclusive. As a result, the Pi Network community, made up of "Pioneers," has grown to over 60 million users across 230 countries. Users validate transactions and secure the network through a mobile meritocracy system, which eliminates the need for advanced technical knowledge or expensive equipment. Pi Network also supports an expanding ecosystem that includes the Pi Wallet, used to store and transfer Pi Coin, and the Pi Browser, which facilitates access to decentralized applications (dApps) built within the Pi ecosystem. Is Pi Network Legit? With its growing popularity, many prospective users and investors ask, "Is Pi Network legit?" and "Is Pi Network safe?" Since its launch, Pi Network has steadily progressed through its roadmap, culminating in the Open Mainnet launch on February 20, 2025. The project has implemented a Know Your Customer (KYC) verification system to ensure user authenticity and prevent fraudulent accounts. Furthermore, Pi Coin is now listed on many cryptocurrency exchanges, marking its first appearance on a global exchange. These milestones have bolstered Pi Network's credibility and reassured many in the cryptocurrency space about its legitimacy. When Will Pi Coin Launch? Many potential investors continue to ask, "How to buy Pi in India?" and "When will Pi Coin launch on global exchanges?" The answer is clear: Pi Coin officially entered its Open Mainnet phase in early 2025. Shortly after, Pi Coin was listed on Bitget, offering users in India, the USA, Vietnam, and worldwide their first opportunity to trade the cryptocurrency beyond the internal Pi Network platform. This listing represents a significant step forward for Pi Network and suggests the project is ready for broader adoption and integration into the global cryptocurrency market. What Is Pi Coin? Pi Coin is the native digital currency of the Pi Network ecosystem. It is designed to act as a medium of exchange within the Pi Network and is intended for use in transactions, decentralized applications, and services within the network. Many individuals searching what is Pi Coin and what is Pi cryptocurrency want to understand its role. Pi Coin differs from traditional cryptocurrencies by offering an environmentally friendly mining solution that only requires a smartphone. As Pi Network expands, Pi Coin's use cases are expected to grow, enhancing its value proposition within the decentralized economy. Current Market Overview of Pi As of March 2025, Pi Coin (PI) is trading at approximately $1.65. Its market capitalization exceeds $19 billion, with a 24-hour trading volume averaging $500 million to $600 million. Since its initial listing on Bitget following the Open Mainnet launch in early 2025, Pi Coin has demonstrated a consistent ability to maintain support above the $1.50 mark, despite broader market volatility. Pi Coin’s all-time high (ATH) of $330.65, recorded in December 2022 during its closed network trading, represents a significant benchmark. However, post-Open Mainnet valuations have recalibrated closer to its current price range, reflecting a shift towards more transparent market mechanisms. How Much Will Pi Be Worth in 2030? Forecasting the future price of Pi Coin requires a thorough understanding of both the project’s fundamentals and the broader cryptocurrency market. Expert predictions vary, but several factors—including adoption rates, ecosystem development, and market conditions—will shape Pi Coin’s value by 2030. Conservative Price Predictions In conservative scenarios, Pi Coin may reach a price between $48 and $85 by 2030. This outcome assumes steady network growth, user adoption, and the successful development of Pi Network’s core applications. Moderate Price Predictions Moderate forecasts suggest that Pi Coin could rise to between $200 and $500 by 2030. These projections rely on Pi Coin being widely accepted as a medium of exchange, an increase in decentralized applications, and further trading activity on Bitget and other platforms. Bullish Price Predictions In bullish scenarios, Pi Coin may reach values between $1,000 and $1,150 by 2030. This level of appreciation would require mass adoption, significant partnerships, and Pi Coin's integration into mainstream financial systems. A supportive regulatory environment and the continued expansion of Pi Network's ecosystem would also be essential. Factors That Could Influence Pi Coin’s Value by 2030 Several key factors will play a crucial role in determining the future value of Pi Coin over the next five years. As Pi Network continues to develop its ecosystem, these elements are expected to shape its long-term price potential. User Adoption The size and engagement of Pi Network’s user base remain fundamental to Pi Coin’s success. With over 60 million users, continued growth will support demand and enhance the coin’s utility. Ecosystem Development The expansion of decentralized applications (dApps), the Pi Wallet, and the Pi Browser will directly influence Pi Coin’s real-world use cases. A thriving ecosystem could encourage broader participation and drive transaction volume. Exchange Liquidity Wider availability on cryptocurrency exchanges would improve Pi Coin’s liquidity and facilitate greater market access. Increased liquidity typically leads to more stable price discovery and can attract institutional interest. Market Sentiment As with any digital asset, market sentiment will have a significant impact. Positive developments in the blockchain space, along with rising interest in mobile-first digital currencies, could strengthen Pi Coin’s position. Regulatory Clarity While regulation remains an evolving aspect of the cryptocurrency market, clearer global guidelines may enhance trust and support Pi Coin’s adoption as a legitimate medium of exchange. Is Now the Time to Buy Pi Coin? With Pi Coin available on Bitget and Pi Network’s Open Mainnet now live, some investors believe this is an opportune moment to consider buying Pi Coin. The project has achieved several major milestones, including its transition to a public blockchain and the introduction of tradeable Pi Coin. For those who believe in Pi Network’s vision of an accessible, mobile-first digital economy, buying Pi Coin now could offer potential long-term benefits. However, as with any investment, it is important to conduct thorough research, understand the risks, and make informed decisions. Conclusion Pi Network has captured the imagination of millions by offering something different from traditional cryptocurrencies. Its mobile-first approach, combined with an inclusive mining model, has made it one of the most talked-about projects in the crypto space. As the network grows and more applications are built on its platform, the big question remains: will Pi Coin live up to the hype? Some believe it has the potential to become a widely used digital currency, while others are taking a wait-and-see approach. Either way, Pi’s journey is far from over—and that’s what makes it so intriguing. By 2030, Pi Coin could be worth anywhere from modest figures to eye-catching valuations, depending on how the project evolves. If Pi Network delivers on its vision and attracts real-world use, its value could rise far beyond today’s expectations. But like any investment in cryptocurrency, there’s uncertainty. For those thinking about buying Pi Coin now, it’s about weighing the possibilities against the risks. One thing is certain: Pi Network is a project to watch in the years ahead. Feeling ready? Register now and trade Pi Network (PI) on Bitget! 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.

How to Buy Bitcoin with a Debit Card: A Comprehensive Guide for Investors

Introduction Bitcoin (BTC) has become one of the most well-known digital assets, and buying it is now easier than ever. For those looking for a quick and convenient way to invest, you can use a debit card as one of the fastest payment options. Whether you want to buy Bitcoin in the USA, Europe, or other regions, this guide will walk you through the process. As of March 2025, Bitcoin continues to experience strong demand and price fluctuations. Following recent developments, including institutional adoption and regulatory clarity, Bitcoin price is trading around $84,000. With market volatility in play, investors are increasingly looking for fast and secure ways to enter the market, and buying Bitcoin with a debit card on Bitget provides an efficient solution. Why Buy Bitcoin with a Debit Card? Buying Bitcoin with a debit card is one of the fastest and easiest ways to invest in cryptocurrency. Unlike bank transfers, which can take days to process, debit card transactions are almost instant. With just a few clicks, it allows you to buy Bitcoin and take advantage of market opportunities without unnecessary delays. Why use a debit card to buy Bitcoin? ● Instant transactions – No more waiting for bank transfers. Your Bitcoin arrives in your account within minutes. ● Simple and familiar – If you've ever shopped online, you already know how to use a debit card to buy Bitcoin. ● Accepted worldwide – Major exchanges like Bitget support debit card payments, so you can buy Bitcoin no matter where you are. ● Secure payments – Transactions are protected with bank-level encryption and 3D Secure authentication to reduce fraud risks. ● No credit card debt – Unlike credit cards, a debit card only lets you spend what you have, helping you manage your money responsibly. Where Can You Buy Bitcoin with a Debit Card? If you want to buy Bitcoin quickly and easily, using a debit card is one of the best options. But with so many platforms available, how do you know where to go? Choosing the right platform depends on security, fees, and transaction speed. Whether you're looking for the best Bitcoin exchange, a way to buy Bitcoin instantly, or a secure Bitcoin wallet, here are the top options. 1. Cryptocurrency exchanges The safest and most convenient way to buy Bitcoin with a debit card is through trusted exchanges like Bitget. Cryptocurrency exchanges offer: ● Instant Bitcoin purchases – Get Bitcoin in your wallet within minutes. ● Secure transactions – Protected with bank-level encryption and 3D Secure authentication. ● Lower fees – More affordable than Bitcoin ATMs and some P2P platforms. ● Built-in Bitcoin wallets – Store Bitcoin securely or transfer it to a hardware wallet. 2. Peer-to-peer (P2P) marketplaces P2P platforms like Paxful and LocalBitcoins allow users to buy Bitcoin directly from sellers using a debit card. While this offers more control, it comes with risks. To stay safe, check seller reviews, use escrow services, and transfer Bitcoin to a secure wallet immediately. 3. Bitcoin ATMs Some Bitcoin ATMs accept debit cards, offering quick in-person purchases. However, they often come with high transaction fees and may not be widely available. You’ll also need a Bitcoin wallet ready to receive your BTC. Which option is best? For the fastest, safest, and most cost-effective way to buy Bitcoin with a debit card, Bitget is the best choice. With instant transactions, strong security, and lower fees, it’s the go-to platform for both beginners and experienced investors. Ready to get started? Sign up on Bitget today and buy Bitcoin in just a few clicks! How to Buy Bitcoin with a Debit Card on Bitget For Web Users Step 1: Access the Buy Crypto Page Click “Buy Crypto” and select the fiat currency you want to use. Then proceed to the Credit/Debit Card page. Step 2: Enter the Amount Input the amount of fiat currency you wish to spend. The estimated amount of cryptocurrency you will receive will be displayed automatically. Step 3: Add a New Card If you haven’t linked a card yet, you will be prompted to add a new credit or debit card. Step 4: Enter Card Details Provide your card number, expiry date, and CVV (ensure you have the physical card with you). Step 5: Confirm Purchase After entering the amount, review the transaction details and confirm the exchange rate. Step 6: Complete 3D Secure (3DS) Authentication Follow the 3DS authentication process (you have only three attempts to complete it). Step 7: Payment Processing After successful authentication, you will receive a "Payment Pending" notification. Wait a few minutes for the transaction to complete. Do not refresh or exit the page to avoid discrepancies. For App Users Step 1: Open the Bitget App Log in to your Bitget account and tap “Add Funds”. Choose “Credit/Debit Card” as your payment method. Step 2: Select Fiat Currency and Crypto Choose the fiat currency you want to use. Enter the amount you want to spend, and the system will calculate the estimated cryptocurrency amount. Step 3: Add a New Card If you haven’t linked a card yet, tap “Add New Card” and enter your card details. Step 4: Confirm the Transaction Review the purchase details and confirm the transaction. Step 5: Complete 3D Secure (3DS) Authentication Follow the secure authentication process to authorize the payment. Step 6: Payment Processing You will receive a “Payment Pending” notification. The transaction may take a few minutes to reflect in your Bitget account. Where to Store Your Bitcoin After Buying with a Debit Card So, you’ve just bought Bitcoin with your debit card—what’s next? Storing your Bitcoin safely is just as important as buying it. Since Bitcoin operates on a decentralized network, there’s no "bank" to protect your funds, meaning security is in your hands. Choosing the right storage option depends on whether you plan to hold long-term, trade frequently, or use your Bitcoin for transactions. ● Exchange Wallets: If you trade often on a Bitcoin trading platform like Bitget, keeping your Bitcoin in an exchange wallet is the most convenient option. It allows instant access to buying and selling cryptocurrency in 2025. ● Hardware Wallets: If you’re thinking about Bitcoin investment strategies for 2025, a hardware wallet like Ledger is the best choice. It keeps your Bitcoin offline, protecting it from hacks and cyber threats. While highly secure, it’s less convenient if you need frequent access. ● Software Wallets: If you use Bitcoin for daily transactions, a software wallet offers a balance between security and accessibility. It gives you full control over your private keys, but you need extra security measures like two-factor authentication (2FA) to keep your funds safe. Regardless of where you store your Bitcoin, always enable strong security features, back up your Bitcoin wallet, and keep your private keys protected. How Much Does It Cost to Buy Bitcoin with a Debit Card on Bitget? Buying Bitcoin with a debit card is one of the fastest ways to invest, but what about the fees? On Bitget, transactions are designed to be affordable and transparent, with competitive rates. But here’s the best part—you can buy Bitcoin with zero fees every Monday! Flash Monday – Buy Bitcoin with Zero Fees! Every Monday, Bitget waives all debit card fees when you buy Bitcoin using Visa, Mastercard, Google Pay, or Apple Pay with your local fiat currency. Promotion Period: Every Monday, 8:00 PM – Tuesday, 8:00 PM (UTC+8) With this limited-time offer, Bitget is one of the best Bitcoin exchanges for users looking to buy Bitcoin instantly and save on fees. Sign up on Bitget and buy Bitcoin instantly with no extra costs! 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.

How to Mine Bitcoin: A Beginner's Guide to BTC Mining

Introduction If you’ve ever wondered how new Bitcoins are created, the answer is Bitcoin mining. It’s the process that keeps the Bitcoin network running, confirming transactions and adding new blocks to the blockchain. And as a reward for their work, miners earn fresh BTC. Sounds simple, right? Well, not exactly. In Bitcoin’s early days, you could mine with just a regular computer. But mining Bitcoin in 2025 has become highly competitive, requiring specialized hardware, cheap electricity, and technical know-how to be profitable. So, is Bitcoin mining still worth it in 2025? How does it work? What do you need to get started? And most importantly—can you actually make money from it? In this guide, we’ll break everything down in a beginner-friendly way. Whether you’re curious about BTC mining, thinking of setting up your own rig, or just want to understand the process better, you’re in the right place. What Is Bitcoin Mining? Bitcoin mining is the process of validating transactions and securing the Bitcoin network. It ensures that no one can spend the same Bitcoin twice and that new BTC enters circulation in a controlled way. Miners also play a key role in creating new Bitcoin, but this isn’t like printing money—the process follows strict rules coded into Bitcoin’s system. At its core, Bitcoin mining is about solving complex mathematical puzzles using powerful computers. Miners compete to find the right solution, and the first one to do so gets to add a new block to the blockchain. In return, they get rewarded with new Bitcoin and transaction fees. Think of it like a massive lottery where miners keep guessing numbers as fast as they can. The more computing power a miner has, the better their chances of winning. But unlike a lottery, mining serves a real purpose—it secures the network and ensures transactions are legitimate. How Many Bitcoins Can Be Mined? A total of 21 million Bitcoins can ever be mined—that's the hard cap set by Bitcoin’s code. As of now, around 19.83 million BTC have already been mined, leaving fewer than 1.17 million BTC left to be created. With Bitcoin’s halving events reducing mining rewards every four years, the last Bitcoin is expected to be mined around 2140. Why Does Bitcoin Mining Matter? Mining isn’t just about making money. It’s a crucial part of Bitcoin’s system for a few reasons: Transaction verification: Every Bitcoin transaction needs to be checked before it’s added to the blockchain. Miners do this by bundling transactions into blocks and confirming their legitimacy. Network security: The more miners there are, the harder it is for anyone to attack the network. An attacker would need to control more than 50% of the total mining power to manipulate transactions, which is nearly impossible at today’s scale. Bitcoin supply control: Unlike traditional currencies, Bitcoin has a fixed supply of 21 million coins. Mining is the only way new Bitcoin enters circulation, following a predictable issuance schedule. Decentralization: Since anyone can participate in mining, Bitcoin remains an open and censorship-resistant network. Bitcoin Mining by the Numbers Bitcoin mining has grown from a niche hobby to a massive global industry. In the early days, anyone with a regular computer could mine Bitcoin. Today, mining is dominated by large-scale operations using specialized hardware and massive amounts of electricity. Here are some key statistics to give you an idea of how big Bitcoin mining is in 2025: Mining reward: Each time a miner successfully adds a block to the blockchain, they receive 3.125 BTC (as of the Bitcoin 2024 halving). This amount gets cut in half every four years. The average cost to mine one Bitcoin: As of January 2025, it costs around $27,000 for large-scale miners to produce a single Bitcoin, though the exact amount depends on electricity prices and mining efficiency. Electricity consumption: The Bitcoin network consumes approximately 169.70 terawatt-hours (TWh) annually, surpassing the total energy consumption of countries like Poland. Mining difficulty: The difficulty of mining adjusts every 2,016 blocks (roughly every two weeks) to ensure that blocks are mined approximately every 10 minutes. Global mining power (hashrate): The Bitcoin network’s total mining power is now in the hundreds of exahashes per second (EH/s), meaning miners collectively perform quintillions of calculations per second. Biggest mining countries: The top Bitcoin mining locations include the United States, China, Kazakhstan, Russia, and Canada. Factors like energy costs and regulations affect where mining is most profitable. Largest mining pools: Mining is often done in pools, where miners combine their resources to increase their chances of earning rewards. The largest pools, such as Foundry USA and Antpool, control over 50% of the network’s hashrate. These numbers highlight just how competitive Bitcoin mining has become. But how does the mining process actually work? Let’s break it down step by step. How the Bitcoin Mining Process Works Bitcoin mining is often described as solving complex math problems, but what’s really happening under the hood? Miners compete to add new blocks to the Bitcoin blockchain by using powerful computers to perform trillions of calculations per second. The process follows a strict set of rules to ensure fairness, security, and decentralization. 1. Proof-of-Work (PoW) – The Foundation of Mining Bitcoin mining is based on a system called Proof-of-Work (PoW). This means miners must perform computational work to validate transactions and add them to the blockchain. PoW ensures that: Miners must spend energy to find a valid block, making Bitcoin resistant to spam and fraud. The network remains secure since an attacker would need massive computing power to manipulate transactions. Transactions are decentralized, meaning no single entity controls Bitcoin. 2. The Hash Target – Finding the Winning Number Miners are essentially playing a guessing game. Their goal is to find a valid hash—a unique 64-character string that meets Bitcoin’s difficulty requirements. The Bitcoin network sets a target hash, and miners must generate a hash that is lower than or equal to the target to win the block reward. Think of it like rolling dice: The lower the number you roll, the better. But instead of rolling once, miners are rolling trillions of times per second using specialized hardware. 3. The Nonce – The Key to Finding a Valid Hash A nonce (number only used once) is a random number that miners change repeatedly to generate a new hash. They start with nonce = 0, compute a hash, check if it’s below the target, and if not, increase the nonce and try again. Example: Input: "Bitcoin Block 100000 + Nonce 1" → Hash = X (too high, try again) Input: "Bitcoin Block 100000 + Nonce 2" → Hash = Y (too high, try again) Input: "Bitcoin Block 100000 + Nonce 3,758,192" → Hash = Valid! Block is mined! 4. The Winning Miner Adds a New Block Once a miner finds a valid hash, they: Broadcast the new block to the network. Receive the block reward (3.125 BTC as of 2025) + transaction fees. Restart the process for the next block. This entire process repeats roughly every 10 minutes, ensuring that new Bitcoin enters circulation at a predictable rate. 5. Example: The Mining of Block 830,175 Source: blockchain.com Block #830,175 was mined on February 13, 2024, at 1:15 AM by Braiins, one of the leading Bitcoin mining pools. This block successfully confirmed thousands of transactions and contributed to securing the Bitcoin network. Let’s take a closer look at what happened when this block was created. The nonce that generated the winning hash was 4,097,493,836. In Bitcoin mining, the nonce starts at zero and increases with every attempt until a valid hash is found. Given the difficulty level, this means trillions of guesses were made before Braiins successfully mined this block. This block confirmed 3,126 transactions, moving a total of 7,304.47 BTC ($364,047,343) across the network. The average transaction size was 2.3367 BTC ($116,458), while the median transaction size was 0.0058 BTC. How to Start Mining Bitcoin Step 1: Choose Your Mining Approach Before you begin, decide which mining method suits you best: Solo Mining – You mine Bitcoin independently, keeping all the rewards. However, due to the high difficulty level, solo miners rarely succeed unless they have an immense amount of computing power. Pool Mining – You join a mining pool where multiple miners combine their computing power to increase their chances of earning Bitcoin. The rewards are split among members based on their contributions. Most miners opt for this method due to its consistent payouts. Cloud Mining – Instead of buying and maintaining hardware, you rent mining power from a company that owns mining farms. This is the easiest way to get involved, but be cautious—many cloud mining services are scams or offer minimal returns. Step 2: Get the Right Mining Hardware Bitcoin mining is no longer profitable with regular computers or GPUs. Instead, miners use ASIC (Application-Specific Integrated Circuit) miners, which are designed specifically for Bitcoin mining. Some of the top ASIC miners in 2025 include: Antminer S21 Pro – 234 TH/s, 3,510W WhatsMiner M66S – 298 TH/s, 5,513W Avalon A1566 – 150 TH/s, 3,225W When choosing a mining device, consider hashrate (TH/s), power consumption (W), and energy efficiency (J/TH) to balance performance and electricity costs. Step 3: Set Up a Bitcoin Wallet You’ll need a Bitcoin wallet to receive your mining rewards. There are different types to choose: hardware wallets, software wallets, and exchange wallets. One of the best options is Bitget Wallet, which offers secure storage, easy transactions, and seamless integration with the Bitcoin network. Make sure to keep your wallet credentials safe, as losing access to your wallet means losing your Bitcoin permanently. Download Bitget Wallet Step 4: Install and Configure Mining Software Mining software connects your hardware to the Bitcoin network or your chosen mining pool. Some of the most popular options include: CGMiner – Open-source, supports ASIC miners, command-line interface. BFGMiner – Similar to CGMiner but allows for better customization. NiceHash – User-friendly, great for beginners. Braiiins OS+ – Optimized for power efficiency and performance. Once installed, you'll need to configure the software with your mining pool’s settings, including server address, worker ID, and wallet address. Step 5: Join a Mining Pool (Optional but Recommended) If you're not mining solo, you’ll need to join a mining pool. Some of the largest pools include: Foundry USA – One of the biggest pools, based in the U.S. Antpool – Operated by Bitmain, one of the top mining companies. F2Pool – Long-standing mining pool with global reach. Joining a pool improves your chances of earning Bitcoin regularly, as rewards are distributed based on contributed hash power. Step 6: Start Mining and Monitor Performance Once everything is set up, start your mining operation! Monitor your hashrate, power consumption, and profitability using your mining software or pool dashboard. Since mining is energy-intensive, make sure your setup is in a well-ventilated area to prevent overheating. Some miners use external cooling solutions or immersion cooling to improve efficiency. How to Calculate Bitcoin Mining Profitability Mining Bitcoin can be profitable, but it depends on a few key factors. Before jumping in, it’s important to figure out whether mining will actually make you money. What Affects Mining Profitability? Electricity Costs – Mining uses a lot of power, and electricity rates vary depending on where you live. Cheaper electricity means higher profits. Mining Hardware Efficiency – The more energy-efficient your miner is (measured in joules per terahash, J/TH), the lower your operating costs. Mining Difficulty – Bitcoin adjusts its mining difficulty about every two weeks, making it harder or easier to mine based on competition. The higher the difficulty, the harder it is to earn rewards. Block Rewards & Fees – As of 2025, miners earn 3.125 BTC per block plus transaction fees, but this reward gets cut in half every four years. Bitcoin Price – Since miners get paid in BTC, the price of Bitcoin directly affects how much their earnings are worth in dollars. If Bitcoin’s price drops, profits shrink. You don’t need to do the math yourself—there are Bitcoin mining calculators that help you estimate your earnings based on your setup. Some good ones include: NiceHash Mining Calculator, CryptoCompare Profitability Calculator, and WhatToMine Calculator. Bitcoin Mining Regulations: What You Need to Know Before you start mining Bitcoin, it’s important to know the legal rules in your country. While mining is legal in many places, some governments restrict or ban it due to energy concerns or financial regulations. Where Is Bitcoin Mining Legal? Bitcoin mining is legal in countries like the U.S., Canada, Germany, and more, though rules vary. Some areas offer incentives, while others impose taxes or require registration. Where Is Bitcoin Mining Banned? China, Nepal – Fully banned due to concerns over energy consumption and government control of financial systems. Algeria, Morocco, Egypt, Angola – Prohibited due to financial regulations and the strain mining puts on national power grids. Before mining, make sure to check local laws, keep track of your earnings for taxes, and look into renewable energy options to stay ahead of any future regulations. The Hidden Costs of Bitcoin Mining Bitcoin mining can be profitable, but it comes with challenges. Here are the biggest risks miners face: 1. High Electricity Costs Mining uses a massive amount of power, and electricity prices vary depending on where you live. If energy costs are too high, mining may not be worth it—especially for smaller setups. 2. Expensive and Constantly Evolving Hardware ASIC miners aren’t cheap, and newer, more efficient models are released regularly. To stay competitive, miners often have to reinvest in better hardware, which adds to overall costs. 3. Bitcoin Price Volatility Miners get paid in Bitcoin, so when the price drops, profits can take a hit. If Bitcoin’s value falls below mining costs, operations can quickly become unprofitable. 4. Increasing Mining Difficulty Bitcoin’s mining difficulty adjusts every two weeks. The more miners competing for rewards, the harder it gets to mine a block. This means lower rewards over time unless you upgrade your equipment. 5. Changing Regulations Some governments encourage Bitcoin mining, while others ban or heavily regulate it. Keeping up with legal changes is crucial to avoid fines or unexpected shutdowns. 6. Heat and Equipment Maintenance Mining rigs generate a ton of heat, which means proper cooling is essential. Without good ventilation or cooling systems, hardware can overheat and break down, leading to downtime and repair costs. 7. Mining Pool Risks Joining a mining pool helps miners earn more consistent rewards, but pools charge fees and can become centralized. If a single pool controls too much hash power, it could pose a risk to Bitcoin’s network security. 8. Security and Fraud Mining setups can be targeted by cyberattacks, hardware scams, and Ponzi schemes. Using trusted suppliers, securing your mining operation, and being cautious with online offers can help prevent losses. Conclusion Bitcoin mining in 2025 is no longer the simple, low-cost process it once was. With rising electricity prices, tougher competition, and constantly evolving hardware, successful mining requires more than just plugging in a machine. Miners today must focus on efficiency, cost management, and staying ahead of network difficulty adjustments to remain profitable. So, is Bitcoin mining still profitable? For those who plan wisely, invest in the right equipment, and adapt to industry changes, the answer is yes. While the landscape has become more complex, the opportunity is still there for those who understand the challenges and are willing to navigate them. The key to success in 2025 is not just mining—but mining smart. Frequently Asked Questions (FAQs) Q1: How long does it take to mine 1 Bitcoin? With a high-powered ASIC miner, it can take several months. Most miners earn smaller fractions daily through mining pools. Q2: Can I mine Bitcoin for free? No, mining requires electricity and hardware, both of which cost money. "Free" mining services are often scams or offer minimal rewards. Q3: How do I start mining Bitcoin? You'll need ASIC mining hardware, a Bitcoin wallet, mining software, a mining pool (optional), and cheap electricity to stay profitable. Q4: Is Bitcoin mining legal? It depends on your country. Mining is legal in many places, but some, like China and Morocco, have banned it. Always check local laws. Q5: Can I mine Bitcoin at home? Yes, but it requires powerful hardware, cheap electricity, and cooling systems. Most home miners join mining pools for better payouts. 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.

Why are BlackRock and Fidelity’s Bitcoin ETFs Significant to the Crypto Market?

TL;DR - A Bitcoin ETF is an investment fund traded on stock exchanges that mirrors the price movements of Bitcoin. It offers investors a convenient way to participate in Bitcoin's price fluctuations without directly owning the cryptocurrency. - The pursuit of a Bitcoin ETF has faced regulatory hurdles for 10 years, but BlackRock's application for a Bitcoin ETF in June 2023 has sparked optimism for a potential breakthrough in the US market. Other crypto firms like Fidelity were encouraged by BlackRock to apply or reapply for spot Bitcoin ETF. - If BlackRock and Fidelity's spot Bitcoin ETFs receive regulatory clearance in the US, they are expected to have a significant impact on the cryptocurrency ecosystem, offering increased accessibility, market validation, efficiency, portfolio diversification, and potential market growth. However, concerns arise regarding their potentially influencing Bitcoin's direction and the concentration of power with financial giants. What are Bitcoin ETFs? Exchange-traded funds, or ETFs, are investment funds that trade on stock exchanges, mirroring the performance of a specific asset or a group of assets. They provide investors with an opportunity to gain exposure to an asset's price movements without directly owning it. ETFs have gained immense popularity due to their liquidity, diversification benefits, and ease of trading. To learn more about ETFs and crypto ETFs, click here. A Bitcoin ETF is an investment fund traded on stock exchanges that mirrors the price movements of Bitcoin. It offers investors a convenient way to participate in Bitcoin's price fluctuations without directly owning the cryptocurrency. There are three main types of Bitcoin ETFs: physically-backed, synthetic-backed, and crypto-adjacent. Physically-backed ETFs hold real Bitcoin, while synthetic-backed ETFs hold Bitcoin derivatives contracts, and crypto-adjacent ETFs hold stocks of companies involved in Bitcoin. All types strive to provide investors with returns that closely follow Bitcoin's price. What Bitcoin ETFs are Available Now? Since Bitcoin gradually gained traction throughout the years, there has been a relentless pursuit to establish a Bitcoin ETF. The potential of such an investment product to bring digital assets into mainstream finance has been a driving force for proponents. However, the road to regulatory approval has been arduous and marked by multiple rejections and delays. The Winklevoss twins filed for the first Bitcoin ETF in 2013. Yet, it was not until 2021 that a significant breakthrough occurred in the form of the world's first Bitcoin ETF approval. Canada took the lead with the introduction of the Purpose Bitcoin ETF (BTCC), providing public access to this innovative investment vehicle. While several ETFs have gained approval globally, the United States has seen limited progress, with only synthetic-backed and crypto-adjacent ETFs receiving regulatory clearance thus far. Since the Winklevoss twins' initial application for a spot Bitcoin ETF in 2013, the SEC has consistently rejected all subsequent attempts. The prolonged struggle seemed disheartening until June 2023 when BlackRock submitted an application for a Bitcoin ETF. This development has sparked a flicker of optimism within the industry, raising hopes that a spot Bitcoin ETF may soon become accessible to US investors. Some of the top Bitcoin ETFs in the world are: USA - ProShares Bitcoin Strategy ETF (BITO) - ProShares Short Bitcoin ETF (BITI) - VanEck Bitcoin Strategy ETF (XBTF) - Valkyrie Bitcoin Strategy ETF (BTF) - Simplify Bitcoin Strategy PLUS Inc ETF (MAXI) - Global X Blockchain Bitcoin Strategy ETF (BITS) - Bitwise Crypto Industry Innovators ETF (BITQ) Australia - Cosmos Purpose Bitcoin Access ETF (CBTC) - 21Shares Bitcoin ETF (EBTC) Canada - Purpose Bitcoin ETF (BTCC) - Bitcoin ETF (EBIT) - 3iQ Bitcoin ETF (BTCQ) German - Purpose Bitcoin ETF (9F31, 9F32, 9F33) Brazil - QR Capital’s Bitcoin ETF (QBTC11) What is Happening with BlackRock and Fidelity’s Bitcoin ETF Applications? Over the past decade, the SEC has consistently rejected spot Bitcoin ETF applications, citing concerns about fraud prevention, market manipulation, and investor protection. Recent events, including the downfall of FTX in late 2022, further tightened regulations around crypto firms. Despite all this, on June 15, 2023, BlackRock, the world's largest asset management firm, submitted an application for a spot Bitcoin ETF. The filing appeared promising, as BlackRock addressed the SEC's concerns in past applications and proposed measures of resolution. For example, to meet the SEC's requirement of implementing effective surveillance measures in order to prevent market manipulation, BlackRock planned to establish a surveillance-sharing agreement with a reputable United States-based spot trading platform for Bitcoin and listed Coinbase as the custodian for the proposed ETF, ensuring secure management of the Bitcoin holdings. BlackRock's impressive near-perfect track record adds to the prevailing optimism. With 575 filings approved by the SEC and just a single rejection, the asset manager's success rate is remarkable. Both Paul Grewal, Coinbase’s Chief Legal Officer, and Eric Balchunas, a senior ETF analyst at Bloomberg Intelligence, highlight this significant achievement, underscoring BlackRock's expertise and credibility in navigating the regulatory landscape. BlackRock’s move encouraged eight financial firms like Fidelity, Invesco, VanEck, Cathie Wood's Ark Investment Management, WisdomTree, and more, to follow suit. These firms recognized the importance of addressing the SEC's concerns, just as BlackRock did, in their own applications, and thus resubmitted accordingly. Most cited Coinbase as the one providing custody services for their ETFs as well. Unfortunately, on June 30, the SEC stated that the filings from BlackRock, Fidelity, and other players lacked clarity and comprehensiveness, signaling further challenges in the pursuit of a spot Bitcoin ETF. Undaunted, BlackRock resubmitted its filings a few days later. There have not been any further updates regarding the resubmission of applications by other crypto firms. Nonetheless, the SEC's request was seen as a positive sign of progress. While there may be long-winding exchanges and discussions, the fact that the applications were not outright rejected, as seen in the past, provides hope for potential approval in the future. To get daily updates about Bitcoin ETFs, you can read Bitget Bites here. The Significance of BlackRock and Fidelity’s Bitcoin ETFs to the Crypto Market BlackRock and Fidelity’s spot Bitcoin ETFs, if received regulatory clearance in the US, are expected to play a big role in the cryptocurrency ecosystem. In such case, several advantages and opportunities may arise: - Increased Accessibility: Spot Bitcoin ETFs would provide a straightforward and regulated avenue for traditional investors to gain exposure to Bitcoin's price movements. This accessibility could attract a broader range of investors, including institutional players, who may have been hesitant to enter the cryptocurrency market directly. - Market Validation: Regulatory approval of spot Bitcoin ETFs from trusted financial giants like BlackRock and Fidelity would serve as a significant validation for the cryptocurrency industry. It would lend credibility and legitimacy to Bitcoin as an investment asset class, potentially attracting more mainstream acceptance and adoption. - Market Efficiency: The introduction of spot Bitcoin ETFs could enhance market efficiency by allowing investors to trade Bitcoin through a familiar and regulated exchange environment. This increased liquidity and ease of trading could contribute to smoother price discovery and improved overall market functioning. - Portfolio Diversification: Spot Bitcoin ETFs could offer an opportunity for investors to diversify their portfolios by including exposure to Bitcoin alongside traditional asset classes. This diversification potential may help reduce risk and enhance overall portfolio performance. - Market Growth: The introduction of BlackRock and Fidelity's spot Bitcoin ETFs could potentially stimulate further growth in the overall cryptocurrency market. It could attract more capital, spur innovation, and drive broader acceptance of digital assets within the financial industry. Furthermore, the potential approval of ETFs by the SEC is anticipated to have a profoundly bullish impact on the market. The mere act of BlackRock filing for a Bitcoin ETF already resulted in BTC reaching a 13-month high, surpassing the US$30,000 threshold. This achievement hints at the huge wave of positive sentiment that may prevail if the application is successfully granted, and vice versa. However, a closer look at BlackRock Bitcoin ETF's filing raises concerns. A provision within the filing gives BlackRock the power to determine the appropriate network on behalf of the ETF’s investors in the event of a hard fork, potentially influencing Bitcoin's direction and institutional allocations due to the firm's sheer scale and influence. The dominance of financial giants like BlackRock and Fidelity in the spot Bitcoin ETF market could also result in concentration of power and influence. Depending heavily on these institutions for exposure to Bitcoin may limit the decentralization and democratization ideals associated with cryptocurrencies. While spot Bitcoin ETFs may undeniably grant people more exposure and accessibility to a new form of digital finance that many may not be familiar with, simply focusing on price exposure without actual ownership overlooks the potential of BTC as a transformative financial system. Indeed we welcome broader Bitcoin adoption, but it's also important to remain cautious and not be swayed solely by the hype of established and highly influential financial giants taking part in a decentralized market. 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: Mainstream Assets Fluctuate Downwards, Certain Memecoins and New ERC Protocols Offer Some Hype Opportunities

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: OXBT (Token) — A BRC-20 token issued by influencer @BitGod, distributed through multiple communities, influencer whitelist + public free mint methods. After launch, the number of holders quickly topped the list of BRC-20 tokens, reaching 19,756, but it has slightly decreased since then. The project’s token price has been listed on Binance Pricing and has increased by 7% in the last 24 hours. ORDI (Token) — As the first token of BRC-20, ORDI represents innovations or institutional layouts in the current BRC-20 sector. It has long maintained the highest trading volume in the BRC-20 ecosystem. The trading volume in the past 24 hours approached US$200 million with 363 transfers. The token has been listed on Bitget. INU (Token) — A meme project with only an official website stating the slogan, “Many have tried, but few have succeeded. I am here to usher in a new era of decentralized currency.” The project had its TGE one day ago. The 24-hour on-chain trading volume is US$13 million, with MEV transactions accounting for US$2.2 million. The number of holders is 1713, with more than 200 interactions per hour. The token’s trading volume is impressive, making it an essential one to stay updated on. BERC (Token) — BERC20’s protocol token, its vision aligns with FERC, aiming for fair distribution of ERC-20 tokens. The token is gaining popularity, with a 24-hour trading volume of US$7.9 million. The total market cap is only US$1.2 million. The token has experienced a rise, and no obvious issues were found in the token contract. The number of unique holders in the last 24 hours is 1574, with a total of 5485 transactions. It is essential to stay updated on this project. Rick & Morty (Token) — This is an American science fiction sitcom animation aired on Adult Swim, revolving around the crazy scientist Rick Sanchez, who is cynical about the world, and his easily frustrated grandson Morty Smith as they navigate through their own life and other space-time adventures. There is no clear connection between the token and the project. The crypto community is currently interested in trading anime memecoins, and both Morty and Rick experience high trading activity. The trading volume of Morty has reached US$6.6 million, while Rick’s trading volume is at US$6.1 million. FERC (Token) — The first token of the FERC-20 protocol, replicating the BRC-20’s fair distribution model on EVM, FERC aims for fairer token distribution. The token contract is not open-source. Despite the tokens being produced in batches through the platform, the contract code’s non-open-source nature always carries potential unknown risks. The project has a 24-hour trading volume of US$8 million, a 55% increase in the last 24 hours, 4186 transactions, and 2117 unique holders. The project showcases some technical innovation and has sparked interest in speculation. It is essential to stay updated on this token. Fair (Token) — A FERC-20 token, Fair’s contract is not public, and its popularity is noticeably weaker than that of FERC. Its 24-hour trading volume is US$ 3.5 million, with only 200 participants. The project may have artificially created the trading activity, but as a token of a new contract standard, it is essential to stay updated on Fair. Pepe (Token) — The token fell 6.5% yesterday, with trading volume increasing to US$6.2 million. As a phenomenal meme, there is still room for speculation. Currently, the price is relatively low and its popularity within the crypto circle is high. It is essential to stay updated on Pepe. The token has been listed on Bitget. SGO (Token) — SafuuGo, a community-driven DeFi project, had its TGE two days ago. The contract has vulnerabilities such as blacklist and trading pause. The current 24-hour DEX trading volume is US$4.7 million, with 16,641 transactions and 5985 unique addresses. The community is well engaged in trading. The token’s value increased by over 50% in the last 24 hours, with a total market cap rising to US$11.9 million. The project has garnered significant attention. LOL (Token) — This is a memecoin with a “Rage Comic” style. It has 1649 members on Telegram. There is no apparent issue with the project’s token. The token price suddenly experienced a 20x increase within 24 hours, followed by a sharp drop. The 24-hour trading volume of the token is US$1.3 million, with 1445 unique addresses. The token carries high market risk, resulting in an unrealized loss for many holders. Xen (Token) — Founder of Xen Crypto and an OG in the crypto circle, Jack Levin announced on social media over the weekend that two significant upgrades will be announced this coming Friday, which could impact Xen’s valuation logic. In addition, a technical update is under iteration, with Xen continuously updating. The XEN token briefly surged by nearly 20% and is currently available for trading on Bitget. LUMP (Token) — The project’s token has contract vulnerabilities related to adjustable tax rates and potential mint functions. There is currently US$170,000 in the DEX liquidity pool. The 24-hour trading volume is US$50,000, with 436 transactions and 333 addresses. Among these, 321 are sell addresses, and only 12 are buy addresses. The number of users leaving the project exceeds first-time investors, indicating a decrease in the project’s popularity. War (Token) — This is a token on Arbitrum without any related project description. The token might be related to the trends in the Russo-Ukrainian war. Its current trading volume is US$3 million on Arbitrum, with 1277 transactions and 398 unique addresses participating in the trade. The token’s liquidity on SushiSwap is US$500,000. Its performance is promising, making it an essential token to stay updated on. 2.Popular NFTs: Tabi Artifact Chest (NFT) — Tabi’s NFT treasure chests contain valuable items and are waiting for users to complete related tasks in order to open them. Tabi is an NFT trading marketplace on the Binance Smart Chain (BSC). The issued treasure chests can be considered vampire attacks on other competitive NFT Marketplaces. Currently, no trading records exist, and the project has 191,309 unique addresses holding treasure chests. Mainnet Alpha (NFT) — There is not much introduction about the project on OpenSea. The total number of NFTs is 3613, with 3546 unique holders. The total trading volume on OpenSea is 0.0263 ETH at present, and the floor price has reached 15 Matic. It is essential to stay updated on this NFT. 3.Popular DApps: zkSync (DApp) — Recently, zkSync’s interaction activity has consistently been at the top on Ethereum in terms of new users. According to the latest data from Dune, there are 763,000 unique wallet addresses on the zkSync Era mainnet, with 333,000 ETH bridged to zkSync and a total of 921,000 transfers. Additionally, users can use https://byfishh.github.io/zk-flow/ to check the interaction frequency of their wallet with zkSync. Combined with the data from Dune’s dashboard, they can create high-quality accounts and get potential airdrop quotas in the future. Starknet (DApp) — Starknet is about to launch Starknet Alpha v0.12.0, focusing on improving network throughput to improve scalability and transaction latency. To achieve this goal, a new Rust implementation has been introduced for the sequencer. Starknet is often criticized for its poor user experience and transaction failures, necessitating ongoing technical updates. MEV Bot (DApp) — As the hype around memecoins begins to cool down, Mevbot has become a major contributor to Gas consumption on the ETH chain. Generally, the deeper the token liquidity pool, the lower the slippage when trading tokens, and the lower the probability of MEV attacks. Conversely, it is essential that users set a good trading slippage when trading memecoins to ensure successful token purchases and avoid attacks by MEV Bot. FIFA Claim (DApp) — Based on the on-chain interactions, users can apply to the project to obtain FIFA tokens, with the claim value currently around US$3–4. A large number of claims have resulted in a significant drop in the token’s value, with a 5% decrease in the last 24 hours. Participation in the project can yield corresponding rewards, making it an essential token to stay updated on. Circle (DApp) — On June 1st, Arbitrum and Circle publicly announced that Circle will launch native USDC on Arbitrum. Users and DeFi projects can convert cross-chain USDC assets into Circle’s native USDC assets. LayerSwap (DApp) — This platform supports users in transferring assets across EVM chains such as Arbitrum, OP, Zksync, Starknet, and Polygon. By depositing funds into the Argent and Starknet ecosystems via LayerSwap, users can get future NFT airdrop rewards. The promotion will end on June 6th, and the DApp is currently experiencing high usage among new users. It is essential to stay updated on LayerSwap. ISKRA (DApp) — A blockchain gaming platform built on Klaytn, bringing together gamers and game studios with a continuous increase in daily active users. The platform allows gamers to explore and enjoy high-quality blockchain games while creating their own communities. ISKRA recently announced the launch of World of WIN, generating a significant buzz in the community. Trader Joe (DApp) — A DeFi protocol on Avalanche, Arbitrum, and BNB. On June 1, it announced that its automatic pool function had been launched. This function offers more efficient liquidity market-making solutions, gaining the attention of DeFi users. Stargate (DApp) — The project has recently completed a total of $10 billion in on-chain transfers and transactions. Stargate’s Farming pool provides single-token staking functionality for various stablecoins and mainstream tokens, providing a steady income. Its interaction data is in a leading position on Arbitrum. After a security incident on Multichain, Stargate first revoked the USDC pool, then continued to provide cross-chain operations for STG, WOO, and other tokens’ Fantom assets. It is currently one of the main outlets for Fantom assets. Trade Signal (DApp) — A provider of cryptocurrency trade signals and gambling games. It offers the latest news, analysis, and overview of the crypto market, occasionally introducing high-potential, high-risk shitcoins. There is a referral program, where one can earn a 10% registration fee from the smart contract by referring a new user. Additionally, their gambling product awards 1 BNB to a lucky winner every day. Pinksale (DApp) — Pinksale, a community-oriented IDO platform, recently promoted funding for several meme projects. As memecoins are traffic-oriented, Pinksale has gained good exposure in the process of promoting these projects. Some recent projects that conducted IDOs on the platform include Hongkong Doge, X Project, BiaoToken, ACE Team, and Froggo In Love. 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. SuperWalk (DApp) — A Move to Earn project backed by the South Korean gaming giant WeMade. It recently garnered significant attention through an NFT shoes giveaway event on Twitter. The project has strong ties to the Korean market, with a user base primarily composed of Koreans. Defi Kingdoms (DApp) — A cross-chain MMORPG that allows players to earn money through gaming, featuring a DEX, liquidity pool opportunities, and a rare, utility-driven NFT marketplace. The project token has experienced a significant drop from its all-time high, with a current daily trading volume of around $100,000. The recent rise in UAW is primarily influenced by giveaways of related in-game items on Twitter. Layer zero (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. On June 2, it announced a partnership with Level Finance. The on-chain interactions hit a new record in May, exceeding 285,000 transfers in a single day, indicating extremely high activity. Galxe (DApp) — A Web3 task platform, Galxe initiated new promotion tasks for the week, including a private fundraising event with Lend Finance, a limit order promotion with Open Ocean, the 7th-anniversary event of Imtoken, and a trading competition with Orbiter Finance. Thanks to the high quality of the collaborative projects, the UAW has seen an increase of more than 100%. 4.Twitter Hot Topics: Data Source Anomaly, No Data Available at the Moment. 5.Regional Trending Searches: BTC (Token) — BTC has been sluggish since breaking below US$27,500, with a significant reduction in market liquidity. The volatility over the weekend was only US$200, reverting back to the fluctuation range of US$26,000-US$27,000. At present, the probability of no interest rate hike on June 15 is increasing. However, there is a growing market view that an additional hike might occur in July to curb the high inflation in the US. In general, it’s difficult for BTC to break away from the market trends at the moment, as it is affected by the liquidity and bond crisis in the US. Most investors are watching the next moves of the Federal Reserve, leading to a further downturn in the crypto market. Luna (Token) — Terra Classic (LUNC) L1 team released an upgrade proposal for v2.1.0, aiming to enhance its performance and security. This upgrade is planned to be launched in the coming weeks. The proposal will be voted on around June 7 and is scheduled to be upgraded on June 14. In addition, D.K.’s bail by the court has a certain stimulating effect on both LUNA and LUNC. VR Sector (Token) — As Apple is about to launch MR devices, metaverse tokens such as SAND, MANA, and APE have seen a rise in value. There is an increased interest in tokens related to the VR sector. However, as market expectations are about to be met, the space for speculation is relatively limited for the tokens in this sector. It is essential to stay updated on leading products like RNDR. Main Body Written by: Bitget Research Data collection time: June 5, 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.BTC Profile — BRC-20 OXBT (Token) — A BRC-20 token issued by influencer @BitGod, distributed through multiple communities, influencer whitelist + public free mint methods. After launch, the number of holders quickly topped the list of BRC-20 tokens, reaching 19,756, but it has slightly decreased since then. The project’s token price has been listed on Binance Pricing and has increased by 7% in the last 24 hours. For reference, see https://www.binance.com/en/price/oxbt ORDI (Token) — As the first token of BRC-20, ORDI represents innovations or institutional layouts in the current BRC-20 sector. It has long maintained the highest trading volume in the BRC-20 ecosystem. The trading volume in the past 24 hours approached US$200 million with 363 transfers. The token has been listed on Bitget. https://www.bitget.com/en/spot/ORDIUSDT_SPBL?type=spot 2.Blockchain Profile — ETH Chain 2.1 User Profile 2.1.1 Core Data Total active users of ETH: 385,816 New active users of ETH: 71,716, with a daily decrease of 5.19% Existing active users of ETH: 314,100, with a daily decrease of 6.07% 2.1.2 New User Profile Core data: There were a total of 71,716 new active users on ETH yesterday, with a daily decrease of 5.19% Popular Sectors Popular Projects Key Projects: zkSync (DApp) — Recently, zkSync’s interaction activity has consistently been at the top on Ethereum in terms of new users. According to the latest data from Dune, there are 763,000 unique wallet addresses on the zkSync Era mainnet, with 333,000 ETH bridged to zkSync and a total of 921,000 transfers. Additionally, users can use https://byfishh.github.io/zk-flow/ to check the interaction frequency of their wallet with zkSync. Combined with the data from Dune’s dashboard, they can create high-quality accounts and get potential airdrop quotas in the future. Starknet (DApp) — Starknet is about to launch Starknet Alpha v0.12.0, focusing on improving network throughput to improve scalability and transaction latency. To achieve this goal, a new Rust implementation has been introduced for the sequencer. Starknet is often criticized for its poor user experience and transaction failures, necessitating ongoing technical updates. 2.1.3 Existing User Profile Core data: The number of ETH active existing users is 314,100, with a daily decrease of 6.07% Popular Sectors Popular Projects Key Projects: MEV Bot (DApp) — As the hype around memecoins begins to cool down, Mevbot has become a major contributor to Gas consumption on the ETH chain. Generally, the deeper the token liquidity pool, the lower the slippage when trading tokens, and the lower the probability of MEV attacks. Conversely, it is essential that users set a good trading slippage when trading memecoins to ensure successful token purchases and avoid attacks by MEV Bot. 2.2 Popular Trading Pairs 2.2.1 Uniswap V2 INU (Token) — A meme project with only an official website stating the slogan, “Many have tried, but few have succeeded. I am here to usher in a new era of decentralized currency.” The project had its TGE one day ago. The 24-hour on-chain trading volume is US$13 million, with MEV transactions accounting for US$2.2 million. The number of holders is 1713, with more than 200 interactions per hour. The token’s trading volume is impressive, making it an essential one to stay updated on. https://dexscreener.com/ethereum/0x1e065a652c48c8e33f63ee97a2de17375ce5fb8d BERC (Token) — BERC20’s protocol token, its vision aligns with FERC, aiming for fair distribution of ERC-20 tokens. The token is gaining popularity, with a 24-hour trading volume of US$7.9 million. The total market cap is only US$1.2 million. The token has experienced a rise, and no obvious issues were found in the token contract. The number of unique holders in the last 24 hours is 1574, with a total of 5485 transactions. It is essential to stay updated on this project. https://dexscreener.com/ethereum/0xcb4e7a3db6526f5738b9076098b190b87e81a976 Rick & Morty (Token) — This is an American science fiction sitcom animation aired on Adult Swim, revolving around the crazy scientist Rick Sanchez, who is cynical about the world, and his easily frustrated grandson Morty Smith as they navigate through their own life and other space-time adventures. There is no clear connection between the token and the project. The crypto community is currently interested in trading anime memecoins, and both Morty and Rick experience high trading activity. The trading volume of Morty has reached US$6.6 million, while Rick’s trading volume is at US$6.1 million. https://dexscreener.com/ethereum/0x0eddb3da7e77ab4f5f1f636f711b320e6225c46d https://dexscreener.com/ethereum/0xea639dfb59d652ab056a2194ff3d9d7ad9744d07 2.2.2 Uniswap V3 FERC (Token) — The first token of the FERC-20 protocol, replicating the BRC-20’s fair distribution model on EVM, FERC aims for fairer token distribution. The token contract is not open-source. Despite the tokens being produced in batches through the platform, the contract code’s non-open-source nature always carries potential unknown risks. The project has a 24-hour trading volume of US$8 million, a 55% increase in the last 24 hours, 4186 transactions, and 2117 unique holders. The project showcases some technical innovation and has sparked interest in speculation. It is essential to stay updated on this token. https://dexscreener.com/ethereum/0x253c06b22d4b67b675ea7d2fd48422e62c394d7e Fair (Token) — A FERC-20 token, Fair’s contract is not public, and its popularity is noticeably weaker than that of FERC. Its 24-hour trading volume is US$ 3.5 million, with only 200 participants. The project may have artificially created the trading activity, but as a token of a new contract standard, it is essential to stay updated on Fair. https://dexscreener.com/ethereum/0x5bdf7de69833ac2197828047455a6512d6c21d1d Pepe (Token) — The token fell 6.5% yesterday, with trading volume increasing to US$6.2 million. As a phenomenal meme, there is still room for speculation. Currently, the price is relatively low and its popularity within the crypto circle is high. It is essential to stay updated on Pepe. The token has been listed on Bitget. https://www.bitget.com/en/spot/PEPEUSDT_SPBL?type=spot 3.Blockchain Profile — BSC Chain 3.1 User Profile 3.1.1 Core Data Total active users on BSC: 1,222,303 New active users on BSC: 182,173, with a daily decrease of 9.80% Existing active users on BSC: 1,040,130, with a daily decrease of 10.52% 3.1.2 New User Profile Core data: There were a total of 182,173 new active users on BSC yesterday, with a daily decrease of 9.80% Popular Sectors Popular Projects Key Projects: Tabi Artifact Chest (NFT) — Tabi’s NFT treasure chests contain valuable items and are waiting for users to complete related tasks in order to open them. Tabi is an NFT trading marketplace on the Binance Smart Chain (BSC). The issued treasure chests can be considered vampire attacks on other competitive NFT Marketplaces. Currently, no trading records exist, and the project has 191,309 unique addresses holding treasure chests. https://opensea.io/collection/tabi-artifact-chest 3.1.3 Existing User Profile Core data: The number of BSC active existing users is 1,040,130, with a daily decrease of 10.52% Popular Sectors Popular Projects Key Projects: FIFA Claim (DApp) — Based on the on-chain interactions, users can apply to the project to obtain FIFA tokens, with the claim value currently around US$3–4. A large number of claims have resulted in a significant drop in the token’s value, with a 5% decrease in the last 24 hours. Participation in the project can yield corresponding rewards, making it an essential token to stay updated on. 3.2 Popular Trading Pairs 3.2.1 PancakeSwap V2 SGO (Token) — SafuuGo, a community-driven DeFi project, had its TGE two days ago. The contract has vulnerabilities such as blacklist and trading pause. The current 24-hour DEX trading volume is US$4.7 million, with 16,641 transactions and 5985 unique addresses. The community is well engaged in trading. The token’s value increased by over 50% in the last 24 hours, with a total market cap rising to US$11.9 million. The project has garnered significant attention. https://dexscreener.com/bsc/0x2fb44657dcffa8de2b0fd6f07bb2e4796e4b7680 LOL (Token) — This is a memecoin with a “Rage Comic” style. It has 1649 members on Telegram. There is no apparent issue with the project’s token. The token price suddenly experienced a 20x increase within 24 hours, followed by a sharp drop. The 24-hour trading volume of the token is US$1.3 million, with 1445 unique addresses. The token carries high market risk, resulting in an unrealized loss for many holders. https://dexscreener.com/bsc/0x90d3aaa53493704723472a461994195971b2b753 4.Blockchain Profile — Polygon Chain 4.1 User Profile 4.1.1 Core Data Total active users on Polygon: 442,894 New active users on Polygon: 152,985, with a daily increase of 21.85% Existing active users on Polygon: 289,909, with a daily decrease of 0.87% 4.1.2 New User Profile Core data: There were a total of 152,985 new active users on Polygon yesterday, with a daily increase of 21.85% Popular Sectors Popular Projects Key Projects: Xen (Token) — Founder of Xen Crypto and an OG in the crypto circle, Jack Levin announced on social media over the weekend that two significant upgrades will be announced this coming Friday, which could impact Xen’s valuation logic. In addition, a technical update is under iteration, with Xen continuously updating. The XEN token briefly surged by nearly 20% and is currently available for trading on Bitget. https://www.bitget.com/en/spot/XENUSDT_SPBL?type=spot 4.1.3 Existing User Profile Core Data: The number of Polygon active existing users is 289,909, with a daily decrease of 0.87% Popular Sectors Popular Projects Key Projects: Mainnet Alpha (NFT) — There is not much introduction about the project on OpenSea. The total number of NFTs is 3613, with 3546 unique holders. The total trading volume on OpenSea is 0.0263 ETH at present, and the floor price has reached 15 Matic. It is essential to stay updated on this NFT. https://opensea.io/collection/mainnet-alpha-10 4.2 Popular Trading Pairs 4.2.1 Uniswap V3 LUMP (Token) — The project’s token has contract vulnerabilities related to adjustable tax rates and potential mint functions. There is currently US$170,000 in the DEX liquidity pool. The 24-hour trading volume is US$50,000, with 436 transactions and 333 addresses. Among these, 321 are sell addresses, and only 12 are buy addresses. The number of users leaving the project exceeds first-time investors, indicating a decrease in the project’s popularity. 5.Blockchain Profile — Arbitrum Chain 5.1 User Profile 5.1.1 Core Data Arbitrum Active Users: 212,070 Arbitrum New Active Users: 49,976, with a daily increase of 8.85% Arbitrum Existing Active Users: 162,094, with a daily increase of 2.84% 5.1.2 New User Profile Core data: There were a total of 49,976 new active users on Arbitrum yesterday, with a daily increase of 8.85% 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. By depositing funds into the Argent and Starknet ecosystems via LayerSwap, users can get future NFT airdrop rewards. The promotion will end on June 6th, and the DApp is currently experiencing high usage among new users. It is essential to stay updated on LayerSwap. 5.1.3 Existing User Profile Core data: The number of Arbitrum active existing users is 162,094, with a daily increase of 2.84% Popular Sectors Popular Projects Key Projects: OERC Doge Token (Token) — The liquidity pool of the token is only US$4000, and the current total market cap is only US$24,000. It has a 24-hour trading volume of US$36,000, with 624 transactions. Its scale and popularity are average. It is essential to stay updated on this token. Circle (DApp) — On June 1st, Arbitrum and Circle publicly announced that Circle will launch native USDC on Arbitrum. Users and DeFi projects can convert cross-chain USDC assets into Circle’s native USDC assets. Related information can be found here: https://arbitrumfoundation.medium.com/usdc-to-come-natively-to-arbitrum-f751a30e3d83 5.2 Popular Trading Pairs 5.2.1 Uniswap V3 War (Token) — This is a token on Arbitrum without any related project description. The token might be related to the trends in the Russo-Ukrainian war. Its current trading volume is US$3 million on Arbitrum, with 1277 transactions and 398 unique addresses participating in the trade. The token’s liquidity on SushiSwap is US$500,000. Its performance is promising, making it an essential token to stay updated on. https://dexscreener.com/arbitrum/0x025471b2b9e2289b2e4d66073e17684a5e08b605 6.DApp Ecosystem — All Chains ISKRA (DApp) — A blockchain gaming platform built on Klaytn, bringing together gamers and game studios with a continuous increase in daily active users. The platform allows gamers to explore and enjoy high-quality blockchain games while creating their own communities. ISKRA recently announced the launch of World of WIN, generating a significant buzz in the community. Trader Joe (DApp) — A DeFi protocol on Avalanche, Arbitrum, and BNB. On June 1, it announced that its automatic pool function had been launched. This function offers more efficient liquidity market-making solutions, gaining the attention of DeFi users. 7.DApp Ecosystem — ETH Chain Stargate (DApp) — The project has recently completed a total of $10 billion in on-chain transfers and transactions. Stargate’s Farming pool provides single-token staking functionality for various stablecoins and mainstream tokens, providing a steady income. Its interaction data is in a leading position on Arbitrum. After a security incident on Multichain, Stargate first revoked the USDC pool, then continued to provide cross-chain operations for STG, WOO, and other tokens’ Fantom assets. It is currently one of the main outlets for Fantom assets. 8.DApp Ecosystem — BSC Chain Trade Signal (DApp) — A provider of cryptocurrency trade signals and gambling games. It offers the latest news, analysis, and overview of the crypto market, occasionally introducing high-potential, high-risk shitcoins. There is a referral program, where one can earn a 10% registration fee from the smart contract by referring a new user. Additionally, their gambling product awards 1 BNB to a lucky winner every day. Pinksale (DApp) — Pinksale, a community-oriented IDO platform, recently promoted funding for several meme projects. As memecoins are traffic-oriented, Pinksale has gained good exposure in the process of promoting these projects. Some recent projects that conducted IDOs on the platform include Hongkong Doge, X Project, BiaoToken, ACE Team, and Froggo In Love. 9.DApp Ecosystem — Polygon Chain 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. 10.DApp Ecosystem — WAX Chain In the WAX ecosystem, apart from the top three projects whose UAW is at a high level, the popularity of other projects is just average. The UAW of the overall chain ecosystem projects is within the normal fluctuation range. 11.DApp Ecosystem — Solana Chain Larix (DApp) — A project on Solana with a zero-lending rate. The progress of product updates is relatively slow. The increase in UAW yesterday is likely due to the decent performance of SOL’s price. The total UAW is low, necessitating continued observation. 12.DApp Ecosystem — Arbitrum Chain The DApps with high UAW in the Arbitrum ecosystem are still DeFi projects. With low interaction costs, Arbitrum provides an excellent Layer 2 for DeFi project deployment. 13.DApp Ecosystem — GameFi Sector Across All Chains SuperWalk (DApp) — A Move to Earn project backed by the South Korean gaming giant WeMade. It recently garnered significant attention through an NFT shoes giveaway event on Twitter. The project has strong ties to the Korean market, with a user base primarily composed of Koreans. Defi Kingdoms (DApp) — A cross-chain MMORPG that allows players to earn money through gaming, featuring a DEX, liquidity pool opportunities, and a rare, utility-driven NFT marketplace. The project token has experienced a significant drop from its all-time high, with a current daily trading volume of around $100,000. The recent rise in UAW is primarily influenced by giveaways of related in-game items on Twitter. 14.Gas Fee Consumption — ETH Chain zkSync (DApp) — Recently, zkSync’s interaction activity has consistently been at the top on Ethereum in terms of new users. According to the latest data from Dune, there are 763,000 unique wallet addresses on the zkSync Era mainnet, with 333,000 ETH bridged to zkSync and a total of 921,000 transfers. Additionally, users can use https://byfishh.github.io/zk-flow/ to check the interaction frequency of their wallet with zkSync. Combined with the data from Dune’s dashboard, they can create high-quality accounts. 15.Gas Fee Consumption — BSC Chain Layer zero (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. On June 2, it announced a partnership with Level Finance. The on-chain interactions hit a new record in May, exceeding 285,000 transfers in a single day, indicating extremely high activity. 16.Gas Fee Consumption — Polygon Chain XEN (Token) — Currently, several XEN-related contract addresses appear in the top 10 on Polygon Gas consumption, including RobotXEN, Cointool, and MCTXenft tools that can batch mint XEN, resulting in higher gas usage. XEN has created its own mini-ecosystem, including XENFT, XEN Torrent, DBXEN, and Xenlon. Multiple projects in the XEN ecosystem revolve around the core interaction of “burning XEN.” 17.Gas Fee Consumption — Arbitrum Chain Galxe (DApp) — A Web3 task platform, Galxe initiated new promotion tasks for the week, including a private fundraising event with Lend Finance, a limit order promotion with Open Ocean, the 7th-anniversary event of Imtoken, and a trading competition with Orbiter Finance. Thanks to the high quality of the collaborative projects, the UAW has seen an increase of more than 100%. 18.Twitter Trends Token Top 20 Data Source Anomaly, No Data Available at the Moment. 19.Google Trends — Global BTC (Token) — BTC has been sluggish since breaking below US$27,500, with a significant reduction in market liquidity. The volatility over the weekend was only US$200, reverting back to the fluctuation range of US$26,000-US$27,000. At present, the probability of no interest rate hike on June 15 is increasing. However, there is a growing market view that an additional hike might occur in July to curb the high inflation in the US. In general, it’s difficult for BTC to break away from the market trends at the moment, as it is affected by the liquidity and bond crisis in the US. Most investors are watching the next moves of the Federal Reserve, leading to a further downturn in the crypto market. Luna (Token) — Terra Classic (LUNC) L1 team released an upgrade proposal for v2.1.0, aiming to enhance its performance and security. This upgrade is planned to be launched in the coming weeks. The proposal will be voted on around June 7 and is scheduled to be upgraded on June 14. In addition, D.K.’s bail by the court has a certain stimulating effect on both LUNA and LUNC. VR Sector (Token) — As Apple is about to launch MR devices, metaverse tokens such as SAND, MANA, and APE have seen a rise in value. There is an increased interest in tokens related to the VR sector. However, as market expectations are about to be met, the space for speculation is relatively limited for the tokens in this sector. It is essential to stay updated on leading products like RNDR. 20.Google Trends Surge — East Asia, South Asia, Southeast Asia, Hong Kong, Macau, and Taiwan a) South Asia Region India Trending Tokens: XRP, LUNA, LUNC Pakistan Trending Keywords: crypto meaning in urdu, fear and greed index, crypto profit calculator b) Southeast Asia Region Indonesia Trending Keywords: mining crypto gratis, crypto bubble, crypto business Malaysia Trending Keywords: Luna crypto, away from the crypto Vietnam Trending Keywords: crypto invest stretch to earn, crypto news Philippines Trending Tokens: TRX c) East Asia and Hong Kong, Macau, and Taiwan Trending Keywords: crypto meaning, crypto currency, crypto news, crypto in Chinese 21.Google Trends Surge — English-speaking Countries, Europe, CIS Region a) CIS Region Trending Keywords: dune crypto, airdrop crypto, crypto casino b) English-speaking Countries Australia Trending Tokens: NGS, XRP, LUNA, XEN, QNT, SOL UK Trending Tokens: CFX, RNDR, XRP, LUNA USA Trending Tokens: FET, SAND Canada Trending Tokens: LUNA, SAND c) Europe Spain Trending Tokens: LUNA, SOL, LINA, XLM, LUNC France Trending Tokens: LUNC, USTC, MANA, OP Germany Trending Tokens: XRP, BTC Italy Trending Tokens: SLP, SOL, GRT, SHIB, MATIC, XLM Poland Trending Tokens: PEPE, XEN, BTC Switzerland Trending Keywords: Crypto news, coinmarketcap Turkey Trending Tokens: GPT; Trending Keywords: crypto ramco twitter, crypto marketcap, crypto fund trader 22.Google Trends Surge — Middle East, Latin America, Africa a) Africa Trending Keywords: Crypto bot, What is crypto, crypto mining, bomb crypto, crypto news today; Trending Tokens: XRP, JUNO b) Middle East Trending Keywords: crypto news, crypto exchange dubai, coinmarketcap c) Latin America Brazil Trending Tokens: LUNA Argentina Trending Tokens: DAI, PEPE, LUNA

Bitget Research: Hong Kong’s New Crypto Regulation Comes into Effect, Market Lacks Upward Momentum

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: ZBIT (Token) — ZBIT is the token of BTC MACHINE, which is building its own ecosystem around BTC including several NFT projects. It has a loyal fan base. Currently, the token has reached 8819 holders, ranking it amongst the top in the market. Over the past 24 hours, there have been 5931 transfers, an on-chain trading volume of US$40,000, and a market cap of US$2.22 million. FERC (Token) — FairERC20 can be viewed as a BRC-20 replica project on Ethereum, with a main selling point of performing fair launches on Ethereum in a fair manner. The token has 2773 holders, a 24-hour trading volume of US$5.97 million, and a market cap of US$2.2 million, indicating a good level of popularity. LOVE (Token) — A memecoin with a unique whitelist mechanism, innovative hype strategy, and extreme popularity. Promoted by influencer @M4573RCH, the whitelisting is secured by sending 0 ETH to his address. Non-airdrop users must have at least one LOVE token to engage in trading, requiring airdrop users to send LOVE tokens to non-airdrop users for trading to occur. Because its airdrop quantity was so high, it attracted many bonus hunters, continuously draining its market liquidity. Moreover, the large LP staking rewards have led the token price to spiral down after launch. Currently, the market cap of the token is US$10 million, with liquidity of US$2.57 million and a 24-hour trading volume of US$2.81 million. CHOW (Token) — A memecoin themed around the Chow Chow dog breed. Two days after the quiet launch, the project suddenly experienced a 14x surge in the early hours of today. The project team is focusing on creating a Chinese concept memecoin. The 24-hour trading volume is US$12 million, with a market cap of US$9.08 million. LOYAL (Token) — Loyalty Labs is a memecoin project which was launched with a large liquidity pool. After a quick pump at the start of its launch, it’s currently in a fluctuation phase with small price swings. On the first day of its launch, the market cap has already reached US$48.35 million, with the liquidity pool reaching US$9.01 million. RFD (Token) — A memecoin issued by Blurr, one of the top ten whales on Debank, with anti-rug pull meme characteristics. Despite the project’s token experiencing significant pullback recently, its Twitter operations maintain good continuity. The token currently has a 24-hour trading volume of US$12.61 million and a total market cap of US$21.74 million. ONLINE (Token) — Onlinebase is creating a money-making project on blockchain, featuring DeFi characteristics. The token currently has a market cap of US$4.22 million and a 24-hour trading volume of US$3.67 million. GETH (Token) — LayerZero has cross-chained Geth on the Georli testnet to the EVM ecosystem. Cross-chain swap transactions can be completed through the ETH Goerli Bridge. Holders of the Goerli testnet tokens can participate in interacting with testnet projects. Recent interactions with various testnets and airdrop expectations have led to an increase in demand for GETH. 2.Popular NFTs: Cobee.Combo (NFT) — This is a meme NFT with attributes. The project was launched in April and currently has 120,000 holders. The number of transactions has significantly increased in the past 24 hours, reaching 250 in one hour. Relation Medal Build Base (NFT) — This project aims to create a social network SBT for Web3 relationships, using every readable, understandable, and programmable SBT to represent proof of friendship, affiliation, membership qualifications, and commitment on the blockchain. The project has a high minting popularity, with 62,000 holders. VV — A Film by Zora (NFT) — A film NFT created by the famous NFT influencer Jack Butcher. The selling price on Zora is 0.0089 ETH, and over 13,000 users have participated in the Mint. Another NFT project of his has surged in the secondary market after the Free Mint, showing a solid wealth effect. The community has high expectations for the future performance of this project, which is currently receiving a lot of attention. Tabi Artifact Chest (NFT) — An NFT chest released by Tabi, containing treasures. Users can open the chest after completing the related tasks. Tabi is an NFT trading market on BSC, and the chests it released can be likened to a vampire attack. The chest is non-tradable. The current number of unique holders of the project is 114,816. 3.Popular DApps: Circle (DApp) — As of May 30, Circle has sold all the US Treasury bonds in its USDC reserve portfolio. According to the Circle Reserve Fund website, the US$24 billion assets managed by the fund are all held in the form of overnight repurchase agreements. Based on Circle’s monthly certification report, this is a significant change since the end of April when the fund held more than $30 billion in US Treasury bonds. The last US Treasury bond held by the fund, valued at $4 billion, matured on Tuesday. Tabi Artifact Chest NFT Mint Contract (DApp) — This project positions itself as an NFT trading platform built on BSC. It announced on May 11 that it has completed a US$10 million financing round, with investors including Animoca Brands, Binance Labs, Draper Dragon, Hashkey Capital, Infinity Crypto Ventures, and Youbi Capital. On May 29, it launched a community reward program where users can earn SBT and other rewards for completing tasks, leading to an increase in the activity level. Galxe (DApp) — A Web3 task platform, Galxe initiated new promotion tasks for the week, including a private fundraising event with Lend Finance, a limit order promotion with Open Ocean, the 7th-anniversary event of Imtoken, and a trading competition with Orbiter Finance. Thanks to the high quality of the collaborative projects, the UAW has seen an increase of more than 100%. 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. Layerswap (DApp) — This platform supports users in transferring assets across EVM chains such as Arbitrum, OP, Zksync, Starknet, and Polygon. It also enables transfers from CEX accounts to Polygon and provides compensation for Matic gas fees. The project boasts a high level of community interaction and a solid user base, making it an essential project to stay updated on. 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. Blur (DApp) — On May 31, BLUR platform traded a total of 10,700 ETH, with OpenSea trading 2541 ETH and OpenSea Pro 431 ETH. The NFT market has recently maintained a relatively low trading volume, with a significant reduction in the Blur platform’s trading volume. The price of the BLUR token today is close to the previous low and is experiencing a weak rebound. Manifold (DApp) — A creator platform that allows artists to create NFTs using componentized product releases for smart contracts. It is also a platform for users to mint NFTs. The project has a strong partnership with the Foundation NFT platform. Manifold maintains high daily activity due to its NFT minting feature. Trader Joe (DApp) — After launching and implementing the concentrated liquidity feature on Arbitrum, the protocol’s popularity has increased, and the token price has risen from its bottom by up to 3x. Currently, the protocol’s total TVL has reached US$108 million, and Joe v2’s TVL is growing at a fast pace. Chronos (DApp) — A ve (3,3) model DEX on the Arbitrum chain, with a rapidly increasing TVL since launch, currently at US$99 million as the popularity has decreased. The main focus is on earning profits through mining. The platform’s token has a 24-hour trading volume of US$3.58 million. Splinterlands (DApp) — The project is a card game built on Hive and Wax, where players can trade, purchase or sell digital assets within the game to receive rewards. The project received $3.6 million in funding from investors such as Animoca, Blockchain Founders Fund, and Enjin on July 28, 2021. The game’s activity has consistently remained among the top ranks of various chains, with no remarkable promotions recently. World ID Multi Airdrop (DApp) — Earlier news reported that Tools for Humanity, the company behind the cryptocurrency project Worldcoin co-founded by OpenAI CEO Sam Altman, announced the completion of a US$115 million Series C financing round, led by Blockchain Capital. Informed sources understand that Worldcoin may complete its TGE in Q4 of this year or Q1 of next year, and it is currently in the personal information collection stage. At present, nearly 1.7 million users have registered on the World App, with over 6.3 million websites, mobile apps, and crypto DApp logins authenticated through World ID. It has facilitated over 690,000 transfer transactions and recently announced its move from Polygon to Optimism for further development. 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: OP (Token) — In a Twitter post on May 15, the Optimism team announced that the network will upgrade to Bedrock on June 6, with a downtime of 2 to 4 hours. Bedrock reduces transaction costs by using optimized batch compression and Ethereum as a data availability layer and shortens the delay time for including L1 transactions in Rollup by handling L1 reorganizations more gracefully. Prior to the upgrade, over 386 million OP tokens are scheduled to unlock on May 31, more than twice the total circulating supply, which is expected to put pressure on the token price. EDU (DApp) — Open Campus will launch a free Genesis NFT mint on the BNB Chain, divided into Golden Backpacks and Silver Notebooks, with a total of 1333 Golden Backpacks and 5333 Silver Notebooks. The minting list will be closed on June 3, and unclaimed and undistributed NFTs will be kept in the treasury for future collaborations/gifts. 5.Regional Trending Searches: Hong Kong (Event) — The Securities and Futures Commission of Hong Kong (SFC) has issued a circular regarding new licensing arrangements designed specifically for virtual asset trading platforms. The transition arrangements aim to cater to those providing virtual asset services in Hong Kong before June 1, 2023. The Hong Kong Virtual Assets Consortium (HKVAC) has been officially established and will launch a virtual asset index and exchange ratings. The implementation of Hong Kong’s cryptocurrency policies is long-term positive news for the cryptocurrency market, but be aware that there may be short-term speculation risks in related sectors. Shiba (Token) — The token’s price has been fluctuating severely, leading to high levels of community discussion. Certik recently announced that Shiba’s security rating has returned to AAA, indicating a very positive development for Shiba. The Layer 2 network Shibarium is continually updating product developments, presenting potential hype opportunities at any moment. It is essential to stay updated on this token. Main Body Written by: Bitget Research Data collection time: June 1, 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.BTC Profile — BRC-20 ZBIT (Token) — ZBIT is the token of BTC MACHINE (https://twitter.com/btcordinal), which is building its own ecosystem around BTC including several NFT projects. It has a loyal fan base. Currently, the token has reached 8819 holders, ranking it amongst the top in the market. Over the past 24 hours, there have been 5931 transfers, an on-chain trading volume of US$40,000, and a market cap of US$2.22 million. 2.Blockchain Profile — ETH Chain 2.1 User Profile 2.1.1 Core Data Total active users of ETH: 434,875 New active users of ETH: 78,622, with a daily increase of 6.42% Existing active users of ETH: 356,253, with a daily decrease of 5.67% 2.1.2 New User Profile Core data: There were a total of 78,622 new active users on ETH yesterday, with a daily increase of 6.42% Popular Sectors Popular Projects Key Projects: Circle (DApp) — As of May 30, Circle has sold all the US Treasury bonds in its USDC reserve portfolio. According to the Circle Reserve Fund website, the US$24 billion assets managed by the fund are all held in the form of overnight repurchase agreements. Based on Circle’s monthly certification report, this is a significant change since the end of April when the fund held more than $30 billion in US Treasury bonds. The last US Treasury bond held by the fund, valued at $4 billion, matured on Tuesday. 2.1.3 Existing User Profile Core data: The number of ETH active existing users is 356,253, with a daily decrease of 5.67% Popular Sectors Popular Projects Key Projects: FERC (Token) — FairERC20 can be viewed as a BRC-20 replica project on Ethereum, with a main selling point of performing fair launches on Ethereum in a fair manner. The token has 2773 holders, a 24-hour trading volume of US$5.97 million, and a market cap of US$2.2 million, indicating a good level of popularity. https://www.erc20.cash/ LOVE (Token) — A memecoin with a unique whitelist mechanism, innovative hype strategy, and extreme popularity. Promoted by influencer @M4573RCH, the whitelisting is secured by sending 0 ETH to his address. Non-airdrop users must have at least one LOVE token to engage in trading, requiring airdrop users to send LOVE tokens to non-airdrop users for trading to occur. Because its airdrop quantity was so high, it attracted many bonus hunters, continuously draining its market liquidity. Moreover, the large LP staking rewards have led the token price to spiral down after launch. Currently, the market cap of the token is US$10 million, with liquidity of US$2.57 million and a 24-hour trading volume of US$2.81 million. 2.2 Popular Trading Pairs 2.2.1 Uniswap V2 CHOW (Token) — A memecoin themed around the Chow Chow dog breed. Two days after the quiet launch, the project suddenly experienced a 14x surge in the early hours of today. The project team is focusing on creating a Chinese concept memecoin. The 24-hour trading volume is US$12 million, with a market cap of US$9.08 million. https://www.dextools.io/app/en/ether/pair-explorer/0x0387e56b85e6dbac5586c74cfd089f03922cf3de 2.2.2 Uniswap V3 LOYAL (Token) — Loyalty Labs is a memecoin project which was launched with a large liquidity pool. After a quick pump at the start of its launch, it’s currently in a fluctuation phase with small price swings. On the first day of its launch, the market cap has already reached US$48.35 million, with the liquidity pool reaching US$9.01 million. RFD (Token) — A memecoin issued by Blurr, one of the top ten whales on Debank, with anti-rug pull meme characteristics. Despite the project’s token experiencing significant pullback recently, its Twitter operations maintain good continuity. The token currently has a 24-hour trading volume of US$12.61 million and a total market cap of US$21.74 million. 3.Blockchain Profile — BSC Chain 3.1 User Profile 3.1.1 Core Data Total active users on BSC: 1,560,531 New active users on BSC: 245,047, with a daily increase of 6.82% Existing active users on BSC: 1,315,484, with a daily increase of 2.14% 3.1.2 New User Profile Core data: There were a total of 245,047 new active users on BSC yesterday, with a daily increase of 6.82% Popular Sectors Popular Projects Key Projects: Tabi Artifact Chest NFT Mint Contract (DApp) — This project positions itself as an NFT trading platform built on BSC. It announced on May 11 that it has completed a US$10 million financing round, with investors including Animoca Brands, Binance Labs, Draper Dragon, Hashkey Capital, Infinity Crypto Ventures, and Youbi Capital. On May 29, it launched a community reward program where users can earn SBT and other rewards for completing tasks, leading to an increase in the activity level. Cobee.Combo (NFT) — This is a meme NFT with attributes. The project was launched in April and currently has 120,000 holders. The number of transactions has significantly increased in the past 24 hours, reaching 250 in one hour. https://opensea.io/collection/cobee-combo 3.1.3 Existing User Profile Core data: The number of BSC active existing users is 1,315,484, with a daily increase of 2.14% Popular Sectors Popular Projects Key Projects: Galxe (DApp) — A Web3 task platform, Galxe initiated new promotion tasks for the week, including a private fundraising event with Lend Finance, a limit order promotion with Open Ocean, the 7th-anniversary event of Imtoken, and a trading competition with Orbiter Finance. Thanks to the high quality of the collaborative projects, the UAW has seen an increase of more than 100%. 3.2 Popular Trading Pairs 3.2.1 PancakeSwap V2 ONLINE (Token) — Onlinebase is creating a money-making project on blockchain, featuring DeFi characteristics. The token currently has a market cap of US$4.22 million and a 24-hour trading volume of US$3.67 million. 4.Blockchain Profile — Polygon Chain 4.1 User Profile 4.1.1 Core Data Total active users on Polygon: 460,486 New active users on Polygon: 122,753, with a daily decrease of 6.45% Existing active users on Polygon: 337,733, with a daily decrease of 5.31% 4.1.2 New User Profile Core data: There were a total of 122,753 new active users on Polygon yesterday, with a daily decrease of 6.45% Popular Sectors Popular Projects Key Projects: Relation Medal Build Base (NFT) — This project (https://twitter.com/relationlabs) aims to create a social network SBT for Web3 relationships, using every readable, understandable, and programmable SBT to represent proof of friendship, affiliation, membership qualifications, and commitment on the blockchain. The project has a high minting popularity, with 62,000 holders. 4.1.3 Existing User Profile Core Data: The number of Polygon active existing users is 337,733, with a daily decrease of 5.31% 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. 4.2 Popular Trading Pairs 4.2.1 Uniswap V3 The top trading pairs on Polygon continue to be dominated by MATIC, stablecoins, and mainstream tokens. 5.Blockchain Profile — Arbitrum Chain 5.1 User Profile 5.1.1 Core Data Arbitrum Active Users: 239,213 Arbitrum New Active Users: 62,957, with a daily decrease of 41.85% Arbitrum Existing Active Users: 176,256, with a daily decrease of 22.11% 5.1.2 New User Profile Core data: There were a total of 62,957 new active users on Arbitrum yesterday, with a daily decrease of 41.85% Popular Sectors Popular Projects Key Projects: Layerswap (DApp) — This platform supports users in transferring assets across EVM chains such as Arbitrum, OP, Zksync, Starknet, and Polygon. It also enables transfers from CEX accounts to Polygon and provides compensation for Matic gas fees. The project boasts a high level of community interaction and a solid user base, making it an essential project to stay updated on. 5.1.3 Existing User Profile Core data: The number of Arbitrum active existing users is 176,256, with a daily decrease of 22.11% Popular Sectors Popular Projects Key Projects: Layerzero (DApp) — A cross-chain protocol that allows DApps deployed on different chains to communicate with each other without the need for any intermediate chain or consensus mechanism. It has recently started collaborating closely with Canto. Projects in the Canto ecosystem can complete asset transfers to the EVM ecosystem, which is a significant benefit to the Canto ecosystem. 5.2 Popular Trading Pairs 5.2.1 Uniswap V3 GETH (Token) — LayerZero has cross-chained Geth on the Georli testnet to the EVM ecosystem. Cross-chain swap transactions can be completed through the ETH Goerli Bridge. Holders of the Goerli testnet tokens can participate in interacting with testnet projects. Recent interactions with various testnets and airdrop expectations have led to an increase in demand for GETH. 6.DApp Ecosystem — All Chains Sweat Economy (DApp) — This is a traditional Web2 project that has transitioned to a Web3 wallet and “Move to Earn” project. It recently announced a partnership with Near Protocol and will operate on Near. It will initially use FastAuth, a Web3 entry-level product developed by Near. On June 1, it announced significant updates regarding its tokenomics, stating that users who are inactive for more than 60 days will not receive SWEAT. 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. 7.DApp Ecosystem — ETH Chain Blur (DApp) — On May 31, BLUR platform traded a total of 10,700 ETH, with OpenSea trading 2541 ETH and OpenSea Pro 431 ETH. The NFT market has recently maintained a relatively low trading volume, with a significant reduction in the Blur platform’s trading volume. The price of the BLUR token today is close to the previous low and is experiencing a weak rebound. Manifold (DApp) — A creator platform that allows artists to create NFTs using componentized product releases for smart contracts. It is also a platform for users to mint NFTs. The project has a strong partnership with the Foundation NFT platform. Manifold maintains high daily activity due to its NFT minting feature. 8.DApp Ecosystem — BSC Chain Trader Joe (DApp) — After launching and implementing the concentrated liquidity feature on Arbitrum, the protocol’s popularity has increased, and the token price has risen from its bottom by up to 3x. Currently, the protocol’s total TVL has reached US$108 million, and Joe v2’s TVL is growing at a fast pace. 9.DApp Ecosystem — Polygon Chain Philand (Token) — A social task platform based on ENS and on-chain/off-chain wallet activity, providing a visualization of on-chain identity. Today, it carries out Polygon Quests promotion, including cross-chain bridge, transactions, spending gas, and contract deployment. 10.DApp Ecosystem — WAX Chain Neftyblocks (DApp) — An NFT trading platform on the WAX blockchain. According to data from third-party data websites, the platform’s traffic ranks behind SuperRare and LooksRare in the NFT space, with more popularity in the European and American regions. 11.DApp Ecosystem — Solana Chain Chingari (DApp) — An Indian SocialFi project. Its original Web2 product was dubbed the “Indian TikTok”. Its token, GARI, went through a joint IEO during the TGE. It once had significant popularity in India, but the token price and popularity gradually decreased with the onset of the bear market. 12.DApp Ecosystem — Arbitrum Chain Chronos (DApp) — A ve (3,3) model DEX on the Arbitrum chain, with a rapidly increasing TVL since launch, currently at US$99 million as the popularity has decreased. The main focus is on earning profits through mining. The platform’s token has a 24-hour trading volume of US$3.58 million. 13.DApp Ecosystem — GameFi Sector Across All Chains Splinterlands (DApp) — The project is a card game built on Hive and Wax, where players can trade, purchase or sell digital assets within the game to receive rewards. The project received $3.6 million in funding from investors such as Animoca, Blockchain Founders Fund, and Enjin on July 28, 2021. The game’s activity has consistently remained among the top ranks of various chains, with no remarkable promotions recently. 14.Gas Fee Consumption — ETH Chain VV — A Film by Zora (NFT) — A film NFT created by the famous NFT influencer Jack Butcher. The selling price on Zora is 0.0089 ETH, and over 13,000 users have participated in the Mint. Another NFT project of his has surged in the secondary market after the Free Mint, showing a solid wealth effect. The community has high expectations for the future performance of this project, which is currently receiving a lot of attention. https://zora.co/collect/0x5ec5a9b979a7fd4835a7ce9bdf3090209ec0fc8a/1 15.Gas Fee Consumption — BSC Chain Tabi Artifact Chest (NFT) — An NFT chest released by Tabi, containing treasures. Users can open the chest after completing the related tasks. Tabi is an NFT trading market on BSC, and the chests it released can be likened to a vampire attack. The chest is non-tradable. The current number of unique holders of the project is 114,816. https://opensea.io/collection/tabi-artifact-chest 16.Gas Fee Consumption — Polygon Chain World ID Multi Airdrop (DApp) — Earlier news reported that Tools for Humanity, the company behind the cryptocurrency project Worldcoin co-founded by OpenAI CEO Sam Altman, announced the completion of a US$115 million Series C financing round, led by Blockchain Capital. Informed sources understand that Worldcoin may complete its TGE in Q4 of this year or Q1 of next year, and it is currently in the personal information collection stage. At present, nearly 1.7 million users have registered on the World App, with over 6.3 million websites, mobile apps, and crypto DApp logins authenticated through World ID. It has facilitated over 690,000 transfer transactions and recently announced its move from Polygon to Optimism for further development. Cointool (DApp) — A tool that can be used to batch mint XEN has seen a significant increase in usage lately due to the continuous promotions of XEN. The gas fees generated by the tool are primarily used for minting XEN. 17.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. 18.Twitter Trends Token Top 20 OP (Token) — In a Twitter post on May 15, the Optimism team announced that the network will upgrade to Bedrock on June 6, with a downtime of 2 to 4 hours. Bedrock reduces transaction costs by using optimized batch compression and Ethereum as a data availability layer and shortens the delay time for including L1 transactions in Rollup by handling L1 reorganizations more gracefully. Prior to the upgrade, over 386 million OP tokens are scheduled to unlock on May 31, more than twice the total circulating supply, which is expected to put pressure on the token price. EDU (DApp) — Open Campus will launch a free Genesis NFT mint on the BNB Chain, divided into Golden Backpacks and Silver Notebooks, with a total of 1333 Golden Backpacks and 5333 Silver Notebooks. The minting list will be closed on June 3, and unclaimed and undistributed NFTs will be kept in the treasury for future collaborations/gifts. 19.Google Trends — Global Hong Kong (Event) — The Securities and Futures Commission of Hong Kong (SFC) has issued a circular regarding new licensing arrangements designed specifically for virtual asset trading platforms. The transition arrangements aim to cater to those providing virtual asset services in Hong Kong before June 1, 2023. The Hong Kong Virtual Assets Consortium (HKVAC) has been officially established and will launch a virtual asset index and exchange ratings. The implementation of Hong Kong’s cryptocurrency policies is long-term positive news for the cryptocurrency market, but be aware that there may be short-term speculation risks in related sectors. Shiba (Token) — The token’s price has been fluctuating severely, leading to high levels of community discussion. Certik recently announced that Shiba’s security rating has returned to AAA, indicating a very positive development for Shiba. The Layer 2 network Shibarium is continually updating product developments, presenting potential hype opportunities at any moment. It is essential to stay updated on this token. 20.Google Trends Surge — East Asia, South Asia, Southeast Asia, Hong Kong, Macau, and Taiwan a) South Asia Region India Trending Tokens: BTC, BOB, MetaForce, GFAL Pakistan Trending Keywords: BTC, ETH b) Southeast Asia Region Indonesia Trending Keywords: BTC, Dompet Malaysia Trending Keywords: FTX, AVAX, CMC Vietnam Trending Keywords: Cryptonews, CryptoBubble Philippines Trending Tokens: Satoshi, UNI, OKB c) East Asia and Hong Kong, Macau, and Taiwan Trending Tokens: IVS 21.Google Trends Surge — English-speaking Countries, Europe, CIS Region a) CIS Region Trending Keywords: Luna, 1inch, Crypto News, Dune b) English-speaking Countries Australia Trending Tokens: BTC, OP, ETH, HEX UK Trending Tokens: ADA, HEX, CFX USA Trending Tokens: ONFO, MAGIC, GTA, Minswap Canada Trending Tokens: ETH, Phantom c) Europe Spain Trending Tokens: CFX, ADA, FTM, BTC, MATIC, HEX France Trending Tokens: BEN, YON, XMR, Worldcoin, Balancer Germany Trending Tokens: DOGE, AVAX, MICA, XRP Italy Trending Tokens: Nexus, Optimsim Poland Trending Tokens: Airdrop, SHIB, XRP, ATOM, UNI, HIS Switzerland Trending Tokens: Shib, XRP Turkey Trending Tokens and Keywords: ETH, GPT, AI, GPT, Fire 22.Google Trends Surge — Middle East, Latin America, Africa a) Africa Trending Keywords: Faucet, Shib, AVAX, VALR b) Middle East Trending Keywords: Pepe, Crypto Batter, Crypto Bubbles, Crypto Desk c) Latin America Brazil Trending Tokens: Wibx, Free Bitcoin, BOMB, Shiba, UNI Argentina Trending Keywords: Crypto Mexico Trending Keywords: Genesis Crypto

Bitget Research: The Lifespan of Memecoins Continues to Shorten, BTC Struggles to Surge and Breaks Below Key Support Level of US$27,500

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: LOVE (Token) — A memecoin with a unique whitelist mechanism, innovative hype strategy, and extreme popularity, but saw a large drop close to zero after its TGE. Promoted by influencer @M4573RCH, the whitelisting is secured by sending 0 ETH to his address. Non-airdrop users must have at least one LOVE token to engage in trading, requiring airdrop users to send LOVE tokens to non-airdrop users for trading to occur. Currently, there are 32,962 holders, on-chain liquidity of US$2.33 million, and a trading volume of US$9.89 million in the last 24 hours. The token is very volatile, making it essential to observe its performance. DIP (Token) — The IP is derived from “buy the dip”. It has 1194 followers on Twitter, with some influencers recommending it. Currently, the on-chain liquidity is US$165,000, and the trading volume in the last 24 hours is US$8.51 million. The token is very volatile, with a drop of 95% today. No major risks have been detected in the contract. It is essential to observe its performance. Tuzki (Token) — The IP is derived from the Tuzki meme. It has 640 followers on Twitter. The token was launched two days ago, with on-chain liquidity of US$165,000, and a trading volume of US$9.83 million in the last 24 hours. The token has 1486 holders. Contract inspection reveals transaction cooldown and anti-whale measures. It is essential to observe its performance. SIM (Token) — This memecoin is created by the founder of hotcafe, who has more than 970,000 followers on Instagram. The on-chain liquidity of the token is US$136,000, with a 24-hour trading volume of US$8 million. The token was launched through pre-sale, yielding more than 10x profit for early participants. However, the token is highly volatile, with a drop of 39% today, and there’s a risk that it breaks its previous support level. BIAO (Token) — This is a meme in the Chinese-speaking region, with its name deriving from a Chinese character. The token has on-chain liquidity of US$12,400, a 24-hour trading volume of US$20.8 million, and 3750 holders. The price saw a drastic drop of 61% yesterday. Contract checks reveal the risk of external calls. It is essential to observe its performance. RFD (Token) — Refund Coin was launched by the CryptoPunk NFT billionaire blurr.eth. The project’s current on-chain liquidity is US$8.98 million, and the trading volume in the last 24 hours is US$17.34 million, with 9529 holders. The token has been listed on Bitget. WOMBAT (Token) — According to feedback from community users, it is a meme created by an NFT whale, with RFD’s developer helping the whale add liquidity on Uniswap V3. Numerous users have reported noticing several large buy orders after it was introduced. Currently, the token’s on-chain liquidity is US$692,000, with a 24-hour trading volume of US$12 million. The token has experienced a 69% drop in the last 24 hours. The contract has shown no issues. It is essential to observe its performance. OMAX (Token) — Positioned as a POS chain, the project released its 2023 roadmap on May 29th. Stimulated by the news, the token started to rebound, but the on-chain trading volume in the last 24 hours was only US$8740, with liquidity of US$482,000. It is essential to observe its performance. MOJAK (Token) — This token seems to be WOJAK’s replica. It has on-chain liquidity of US$147,000, a trading volume of US$5.12 million in the last 24 hours, and 859 holders. The contract has shown no issues. It is essential to stay updated on this token. RIA (Token) — Positioned as a card battle game, it updated a new game mode on May 25th with PVP set to launch. Additionally, the beginner game characters have also been successfully designed. Stimulated by this news, the token has increased by 28% in the last 24 hours, but the trading volume is only US$32,000. It is essential to observe the project’s performance. PEPER (Token) — A replica of PEPE on Arbitrum. The current on-chain liquidity is US$494,000, and the trading volume in the last 24 hours is US$1.09 million. Contract checks reveal issues such as potential mint and blacklist functions. It is essential to observe its performance. BenTen Inu (Token) — A memecoin with a daily trading volume of US$464,900. 28% of the tokens were pre-sold, leading to a surge in the number of interactions with its contract due to users claiming pre-sold tokens. The project has a buy/sell tax of 10%, with no other apparent risks. It currently has 1244 token holders, with moderate popularity. It is essential to observe its performance. NALS (Token) — Merged with Ordi to form Ordinals, currently the second in terms of trading volume on the entire network. It has a good consensus associated with ORDI. In the past 24 hours, the trading volume is nearly US$930,000, with 154 transfers. The token has been listed on Bitget. WHEE (Token) — A BRC-20 memecoin. Influencer @markjeffrey, who has 53,500 followers on Twitter, has recommended the token several times. Many users in Shenzhen have repeatedly promoted it in WeChat groups. The token is highly popular, and there are many active users in the community. The 24-hour trading volume is US$180,000, with 1405 transfers. It is essential to stay updated on this token. 2.Popular NFTs: Relation Medal-related NFT (NFT) — The project positions itself as the semantic layer of Ethereum, constructing a multi-chain social network through the relationships between addresses. Currently, the number of social nodes has reached 4.27 million, with 438,000 semantic SBT generated. App developers can use Relation to precisely target users, expanding their user base while helping Relation establish more relationship networks. The project’s product is very meaningful and has a fast development iteration. The team is currently based in Hong Kong. Mainnet Alpha (NFT) — An NFT in the zkBridge Loyalty Program (the zkBridge Loyalty Program allows users to earn loyalty points by participating in zkBridge’s cross-chain products, interacting with social media, and participating in the community. These loyalty points serve as proof of participation in the ecosystem and can be used to obtain future rewards and exclusive benefits). Currently, there are 42,000 holders. Nakamigos (NFT) — CryptoPunks-style PFPs NFT, a highly popular NFT with over 30 influencers following. Currently, it has 5983 holders, a floor price of 0.6 ETH, and over 6000 transactions that occurred in the past seven days, doubling the floor price and quadrupling the trading volume. 3.Popular DApps: Tabi Artifact Chest NFT Mint Contract (DApp) — This project positions itself as an NFT trading platform built on BSC. It announced on May 11 that it has completed a US$10 million financing round, with investors including Animoca Brands, Binance Labs, Draper Dragon, Hashkey Capital, Infinity Crypto Ventures, and Youbi Capital. On May 29, it launched a community reward program where users can earn SBT and other rewards for completing tasks, leading to an increase in the activity level. zkSync (DApp) — Recently, zkSync’s interaction activity has consistently been at the top on Ethereum in terms of new users. According to the latest data from Dune, there are 702,000 unique wallet addresses on the zkSync Era mainnet, with 290,000 ETH bridged to zkSync and a total of 846,000 transfers. PlaybuxQuest (DApp) — Playbux is a metaverse project on the Binance Smart Chain that integrates real-world shops (shop-to-earn), DeFi, NFT, and virtual community promotions. Users can explore the blockchain world (such as PancakeSwap, 1inch, NFT marketplace, mini-games, etc.) within Playbux’s metaverse while also experiencing real-world shopping and getting rebates on the platform. The project is currently running an airdrop promotion, and recent on-chain interactions have been promising. Hippo Dash by Gameta (DApp) — Gameta is a multi-chain gaming platform, that provides users and projects with a comprehensive infrastructure through its DID, asset management, IDO, NFT marketplace, DeFi, and Social features. In its first phase, it will operate on the BSC. The official statement mentioned that governance tokens will only be issued when daily active users exceed one million. Gameta has received investment from Binance Labs. Chingari (DApp) — An Indian SocialFi project. Its original Web2 product was dubbed the “Indian TikTok”. Its token, GARI, went through a joint IEO during the TGE. It once had significant popularity in India, but the token price and popularity gradually decreased with the onset of the bear market. 4.Twitter Hot Topics: 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. 5.Regional Trending Searches: LINA (Token) — Linear Finance is the first cross-chain compatible decentralized Delta-One asset protocol, enabling the creation, trading, and management of synthetic assets (Liquid). Compared to other synthetic asset protocols, Linear Finance is faster, more cost-effective, secure, and user-friendly. Linear Finance has an excellent founding team and investors based in Hong Kong. Linear Finance was founded by Drey Ng, a former vice president at Goldman Sachs, and Kevin Tai, a former executive director at Morgan Stanley. It is headquartered in Hong Kong and is considered one of the Hong Kong-related tokens. Due to the recent hype about the new policy for virtual assets in Hong Kong on June 1st that allows retail investors to trade digital currencies, the price and the popularity of LINA have risen rapidly. Cocos (Token) — COCOS is the native token of Cocos-BCX, an open platform catering to gaming and digital asset sectors. It supports various programming languages and underlying blockchain infrastructures. Cocos-BCX aims to create a complete gaming ecosystem, including a gaming engine, development tools, DApp Store, digital asset exchange, etc., to provide game developers and players with innovative, efficient, convenient, and secure gaming experiences. Cocos-BCX has deep roots and influence in Hong Kong and was founded by the renowned Hong Kong game engine company Cocos. It is headquartered in Hong Kong and is considered one of the Hong Kong-related tokens. Due to the recent hype about the new policy for virtual assets in Hong Kong on June 1st that allows retail investors to trade digital currencies, the price and the popularity of COCOS have risen rapidly. Main Body Written by: Bitget Research Data collection time: May 31, 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.BTC Profile — BRC-20 NALS (Token) — Merged with Ordi to form Ordinals, currently the second in terms of trading volume on the entire network. It has a good consensus associated with ORDI. In the past 24 hours, the trading volume is nearly US$930,000, with 154 transfers. The token has been listed on Bitget. WHEE (Token) — A BRC-20 memecoin. Influencer @markjeffrey, who has 53,500 followers on Twitter, has recommended the token several times. Many users in Shenzhen have repeatedly promoted it in WeChat groups. The token is highly popular, and there are many active users in the community. The 24-hour trading volume is US$180,000, with 1405 transfers. It is essential to stay updated on this token. 2.Blockchain Profile — ETH Chain 2.1 User Profile 2.1.1 Core Data Total active users of ETH: 451,524 New active users of ETH: 73,877, with a daily increase of 0.38% Existing active users of ETH: 377,647, with a daily increase of 14.86% 2.1.2 New User Profile Core data: There were a total of 73,877 new active users on ETH yesterday, with a daily increase of 0.38% Popular Sectors Popular Projects Key Projects: zkSync (DApp) — Recently, zkSync’s interaction activity has consistently been at the top on Ethereum in terms of new users. According to the latest data from Dune, there are 702,000 unique wallet addresses on the zkSync Era mainnet, with 290,000 ETH bridged to zkSync and a total of 846,000 transfers. 2.1.3 Existing User Profile Core data: The number of ETH active existing users is 377,647, with a daily increase of 14.86% Popular Sectors Popular Projects Key Projects: LOVE (Token) — A memecoin with a unique whitelist mechanism, innovative hype strategy, and extreme popularity, but saw a large drop close to zero after its TGE. Promoted by influencer @M4573RCH, the whitelisting is secured by sending 0 ETH to his address. Non-airdrop users must have at least one LOVE token to engage in trading, requiring airdrop users to send LOVE tokens to non-airdrop users for trading to occur. Currently, there are 32,962 holders, on-chain liquidity of US$2.33 million, and a trading volume of US$9.89 million in the last 24 hours. The token is very volatile, making it essential to observe its performance. 2.2 Popular Trading Pairs 2.2.1 Uniswap V2 DIP (Token) — The IP is derived from “buy the dip”. It has 1194 followers on Twitter, with some influencers recommending it. Currently, the on-chain liquidity is US$165,000, and the trading volume in the last 24 hours is US$8.51 million. The token is very volatile, with a drop of 95% today. No major risks have been detected in the contract. It is essential to observe its performance. https://www.dextools.io/app/en/ether/pair-explorer/0x391f7bbaad479f5fdd2faaebe6faf0b6501ba305 Tuzki (Token) — The IP is derived from the Tuzki meme. It has 640 followers on Twitter. The token was launched two days ago, with on-chain liquidity of US$165,000, and a trading volume of US$9.83 million in the last 24 hours. The token has 1486 holders. Contract inspection reveals transaction cooldown and anti-whale measures. It is essential to observe its performance. https://www.dextools.io/app/en/ether/pair-explorer/0x6155c81db52a4c6628c559be0af10f6d87bb7d2e SIM (Token) — This memecoin is created by the founder of hotcafe, who has more than 970,000 followers on Instagram. The on-chain liquidity of the token is US$136,000, with a 24-hour trading volume of US$8 million. The token was launched through pre-sale, yielding more than 10x profit for early participants. However, the token is highly volatile, with a drop of 39% today, and there’s a risk that it breaks its previous support level. https://www.dextools.io/app/en/ether/pair-explorer/0xfca56538aae326af3ba0b0f28e9ad6c1afbfb7ec BIAO (Token) — This is a meme in the Chinese-speaking region, with its name deriving from a Chinese character. The token has on-chain liquidity of US$12,400, a 24-hour trading volume of US$20.8 million, and 3750 holders. The price saw a drastic drop of 61% yesterday. Contract checks reveal the risk of external calls. It is essential to observe its performance. https://www.dextools.io/app/en/ether/pair-explorer/0x8296d84e911e0c1f827e1e7d4b50c2568e807b36 2.2.2 Uniswap V3 RFD (Token) — Refund Coin was launched by the CryptoPunk NFT billionaire blurr.eth. The project’s current on-chain liquidity is US$8.98 million, and the trading volume in the last 24 hours is US$17.34 million, with 9529 holders. The token has been listed on Bitget. WOMBAT (Token) — According to feedback from community users, it is a meme created by an NFT whale, with RFD’s developer helping the whale add liquidity on Uniswap V3. Numerous users have reported noticing several large buy orders after it was introduced. Currently, the token’s on-chain liquidity is US$692,000, with a 24-hour trading volume of US$12 million. The token has experienced a 69% drop in the last 24 hours. The contract has shown no issues. It is essential to observe its performance. https://www.dextools.io/app/en/ether/pair-explorer/0xf522c0f04dbb5b07610d7b2f67f018dab4a28df5 3.Blockchain Profile — BSC Chain 3.1 User Profile 3.1.1 Core Data Total active users on BSC: 1,517,348 New active users on BSC: 229,409, with a daily increase of 17.34% Existing active users on BSC: 1,287,939, with a daily increase of 11.11% 3.1.2 New User Profile Core data: There were a total of 229,409 new active users on BSC yesterday, with a daily increase of 17.34% Popular Sectors Popular Projects Key Projects: Tabi Artifact Chest NFT Mint Contract (DApp) — This project positions itself as an NFT trading platform built on BSC. It announced on May 11 that it has completed a US$10 million financing round, with investors including Animoca Brands, Binance Labs, Draper Dragon, Hashkey Capital, Infinity Crypto Ventures, and Youbi Capital. On May 29, it launched a community reward program where users can earn SBT and other rewards for completing tasks, leading to an increase in the activity level. 3.1.3 Existing User Profile Core data: The number of BSC active existing users is 1,287,939, with a daily increase of 11.11% Popular Sectors Popular Projects Key Projects: PlaybuxQuest (DApp) — Playbux is a metaverse project on the Binance Smart Chain that integrates real-world shops (shop-to-earn), DeFi, NFT, and virtual community promotions. Users can explore the blockchain world (such as PancakeSwap, 1inch, NFT marketplace, mini-games, etc.) within Playbux’s metaverse while also experiencing real-world shopping and getting rebates on the platform. The project is currently running an airdrop promotion, and recent on-chain interactions have been promising. 3.2 Popular Trading Pairs 3.2.1 PancakeSwap V2 OMAX (Token) — Positioned as a POS chain, the project released its 2023 roadmap on May 29th. Stimulated by the news, the token started to rebound, but the on-chain trading volume in the last 24 hours was only US$8740, with liquidity of US$482,000. It is essential to observe its performance. MOJAK (Token) — This token seems to be WOJAK’s replica. It has on-chain liquidity of US$147,000, a trading volume of US$5.12 million in the last 24 hours, and 859 holders. The contract has shown no issues. It is essential to stay updated on this token. https://www.dextools.io/app/en/bnb/pair-explorer/0x62b6a2ad9852681abb6cd3fdc43c9b35bf25ea20 4.Blockchain Profile — Polygon Chain 4.1 User Profile 4.1.1 Core Data Total active users on Polygon: 487,901 New active users on Polygon: 131,222, with a daily increase of 14.60% Existing active users on Polygon: 356,679, with a daily increase of 0.54% 4.1.2 New User Profile Core data: There were a total of 131,222 new active users on Polygon yesterday, with a daily increase of 14.60% Popular Sectors Popular Projects Key Projects: Relation Medal-related NFT (NFT) — The project positions itself as the semantic layer of Ethereum, constructing a multi-chain social network through the relationships between addresses. Currently, the number of social nodes has reached 4.27 million, with 438,000 semantic SBT generated. App developers can use Relation to precisely target users, expanding their user base while helping Relation establish more relationship networks. The project’s product is very meaningful and has a fast development iteration. The team is currently based in Hong Kong. 4.1.3 Existing User Profile Core Data: The number of Polygon active existing users is 356,679, with a daily increase of 0.54% Popular Sectors Popular Projects Key Projects: Mainnet Alpha (NFT) — An NFT in the zkBridge Loyalty Program (the zkBridge Loyalty Program allows users to earn loyalty points by participating in zkBridge’s cross-chain products, interacting with social media, and participating in the community. These loyalty points serve as proof of participation in the ecosystem and can be used to obtain future rewards and exclusive benefits). Currently, there are 42,000 holders. 4.2 Popular Trading Pairs 4.2.1 Uniswap V3 RIA (Token) — Positioned as a card battle game, it updated a new game mode on May 25th with PVP set to launch. Additionally, the beginner game characters have also been successfully designed. Stimulated by this news, the token has increased by 28% in the last 24 hours, but the trading volume is only US$32,000. It is essential to observe the project’s performance. https://www.dextools.io/app/en/polygon/pair-explorer/0x78a750ca5f8dd1ef1c87e29e8a267ff4c8d12b38 5.Blockchain Profile — Arbitrum Chain 5.1 User Profile 5.1.1 Core Data Arbitrum Active Users: 334,553 Arbitrum New Active Users: 108,259, with a daily increase of 124.93% Arbitrum Existing Active Users: 226,294, with a daily increase of 42.86% 5.1.2 New User Profile Core data: There were a total of 108,259 new active users on Arbitrum yesterday, with a daily increase of 124.93% 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. 5.1.3 Existing User Profile Core data: The number of Arbitrum active existing users is 226,294, with a daily increase of 42.86% Popular Sectors Popular Projects Key Projects: Layerzero (DApp) — A cross-chain protocol that allows DApps deployed on different chains to communicate with each other without the need for any intermediate chain or consensus mechanism. It has recently started collaborating closely with Canto. Projects in the Canto ecosystem can complete asset transfers to the EVM ecosystem, which is a significant benefit to the Canto ecosystem. 5.2 Popular Trading Pairs 5.2.1 Uniswap V3 GETH (Token) — LayerZero has cross-chained Geth on the Georli testnet to the EVM ecosystem. Cross-chain swap transactions can be completed through the ETH Goerli Bridge. Holders of the Goerli testnet tokens can participate in interacting with testnet projects. Recent interactions with various testnets and airdrop expectations have led to an increase in demand for GETH. PEPER (Token) — A replica of PEPE on Arbitrum. The current on-chain liquidity is US$494,000, and the trading volume in the last 24 hours is US$1.09 million. Contract checks reveal issues such as potential mint and blacklist functions. It is essential to observe its performance. https://www.dextools.io/app/en/arbitrum/pair-explorer/0x5bc9415d3a5acb558dd56942ab8b74d1e1a0fb3b 6.DApp Ecosystem — All Chains Tinytap (DApp) — The platform’s EDU token unlock on the 28th of each month, including for marketing, liquidity, early contributors, and the ecosystem fund, unlocking 21.19 million EDU per month. According to on-chain data, yesterday 4,166,667 EDU (worth about US$5.12 million) were transferred to Binance. The community reacted negatively to this, after which the official response was that the 4.16 million EDU transferred to Binance will be used to provide liquidity. Nevertheless, the token price has fallen 17% within the past 24 hours. Sweat Economy (DApp) — This is a traditional Web2 project that has transitioned to a Web3 wallet and “Move to Earn” project. It recently announced a partnership with Near Protocol and will operate on Near. It will initially use FastAuth, a Web3 entry-level product developed by Near. The UAW has significantly increased today. It is essential to stay updated on the developments regarding the Near ecosystem. 7.DApp Ecosystem — ETH Chain Uniswap (DApp) — The market sentiment remains unfavorable. Apart from Uniswap, which continues to grow, other Ethereum-based DApps have experienced varying degrees of decline in UAW. 8.DApp Ecosystem — BSC Chain Galxe (DApp) — A Web3 task platform, Galxe released today new promotion tasks for the week, including a private fundraising event with Lend Finance, a limit order promotion with Open Ocean, the 7th-anniversary event of Imtoken, and a trading competition with Orbiter Finance. Thanks to the high quality of the collaborative projects, the UAW has seen an increase of more than 100%. QuestN (DApp) — Today, QuestN will host multiple Twitter Space events with Zksync ecosystem projects, including Goal3, KaratDAO, Star, Blade, and Izumi, among others. It will also jointly conduct the Pandora’s World promotion to provide opportunities to win future airdrops. 9.DApp Ecosystem — Polygon Chain Philand (DApp) — A social task platform based on ENS and on-chain/off-chain wallet activity, providing a visualization of on-chain identity. Today, it carries out Polygon Quests promotion, including cross-chain bridge, transactions, spending gas, and contract deployment. 10.DApp Ecosystem — WAX Chain Farmers World (DApp) — A farming mining game built on WAX. The project updated its functionality today for depositing FarmerCoins, allowing the transfer of staked tokens to other farmers, and reducing consumption. The UAW has shown a prominent increase in the gaming sector. 11.DApp Ecosystem — Solana Chain Genopets (DApp) — A Move to Earn project on Solana featuring pets as its theme. It combines social fitness incentives, free game mechanics, and player-controlled Web3 economics. The project’s investors include well-known organizations like Pantera, Konvoy, and Solana. Its latest version 0.25 has made some functional updates to enhance user experience. 12.DApp Ecosystem — Arbitrum Chain Bungee (DApp) — A cross-chain aggregator with high airdrop expectations and overall project operation popularity. It offers a cross-chain aggregation product called Socket, which launched its incentivized testnet in May. Its gas refund feature provides a very user-friendly experience and has received positive feedback in the community. 13.DApp Ecosystem — GameFi Sector Across All Chains Farmers World (DApp) — A farming mining game built on WAX. The project updated its functionality today for depositing FarmerCoins, allowing the transfer of staked tokens to other farmers, and reducing consumption. Defi Kingdoms (DApp) — A cross-chain MMORPG that allows players to earn money through gaming, featuring a DEX, liquidity pool opportunities, and a rare, utility-driven NFT marketplace. The project token has experienced a significant drop from its all-time high, with a current daily trading volume of $60,000. The recent rise in UAW is primarily influenced by giveaways of related in-game items on Twitter. 14.Gas Fee Consumption — ETH Chain LOVE (Token) — The whitelist-free airdrop, innovative mechanism, and significant price drop have attracted attention. The Love claim contract and the gas consumption of the LOVE token are both listed. Detailed information about $LOVE has been explained earlier in the report. 15.Gas Fee Consumption — BSC Chain Tabi Artifact Chest NFT Mint Contract (DApp) — This project positions itself as an NFT trading platform built on BSC. It announced on May 11 that it has completed a US$10 million financing round, with investors including Animoca Brands, Binance Labs, Draper Dragon, Hashkey Capital, Infinity Crypto Ventures, and Youbi Capital. On May 29, it launched a community reward program where users can earn SBT and other rewards for completing tasks, leading to an increase in the activity level. 16.Gas Fee Consumption — Polygon Chain Holograph (DApp) — An all-chain NFT protocol. Its solution allows NFTs to seamlessly transfer between blockchains without needing to be wrapped. LayerZero will support Holograph as a cross-chain messaging solution. Holograph comprises three initial products: Bridge, Core, and Mint. The bridge allows NFTs to transfer between EVM blockchains. The collaboration with renowned artist Eric Elms (artist for NIKE and Stussy) on the creation of KilroyPunk has sparked attention. https://app.holograph.xyz/ 17.Gas Fee Consumption — Arbitrum Chain ARB (Token) — With the upcoming upgrade in Cancun, the implementation of EIP-4844 is set to significantly reduce Layer2 gas fees, providing substantial benefits for Layer2 projects. The ARB Token is expected to generate sustained attention in light of this development. 18.Twitter Trends Token Top 20 ARB, OP (Token) — (1) The upcoming Cancun upgrade, featuring EIP-4844, is set to effectively reduce the Layer 2 gas fee, providing substantial benefits for Layer 2 projects. Both ARB and OP will continue to garner attention; (2) OP tokens worth US$580 million will be unlocked on May 31, representing 9% of the total supply. 19.Google Trends — Global LINA (Token) — As of June 1, the Hong Kong Securities and Futures Commission will implement regulations for virtual assets. As June 1 approaches, some Hong Kong-related assets continue their optimistic upward trend (LINA, KEY, etc.). On May 30, the official website of the Hong Kong Monetary Authority announced that at a bilateral meeting held in Abu Dhabi, the Hong Kong Monetary Authority and the Central Bank of the UAE agreed to strengthen cooperation in areas such as virtual asset regulation and development. 20.Google Trends Surge — East Asia, South Asia, Southeast Asia, Hong Kong, Macau, and Taiwan a) South Asia Region India Trending Tokens: SOL, HIGH, PI Pakistan Trending Keywords: trust crypto and bitcoin wallet, fancy crypto, scamadviser b) Southeast Asia Region Indonesia Trending Tokens: XEN Malaysia Trending Keywords: LINA Thailand Trending Keywords: RAN Philippines Trending Tokens: GALA, DOGE, SHIB, CRO, PEPE, LINA c) East Asia and Hong Kong, Macau, and Taiwan South Korea Trending Tokens: JUMP Japan Trending Keywords: dextools 21.Google Trends Surge — English-speaking Countries, Europe, CIS Region a) CIS Region Trending Keywords: dollar exchange rate Privatbank, airdrop crypto b) English-speaking Countries Canada Trending Tokens: SAND, PEPE, PI, HNT UK Trending Tokens: JASMY, JOE USA Trending Tokens: OSMO, PIKA Australia Trending Tokens: AGIX, AIDOGE, SHIB c) Europe Spain Trending Tokens: XRP, LINA, DOGE, ADA, WOJAK France Trending Tokens: FLOKI, KDA, OSMO, FET Germany Trending Tokens: OSMO, XRP, PARADOX, DOGE Italy Trending Tokens: BONK, NEO, SLP Poland Trending Tokens: XRP Switzerland Trending Keywords: GRT, XRP, AIDOGE Turkey Trending Tokens and Keywords: CGPT, EDU, AI-related tokens 22.Google Trends Surge — Middle East, Latin America, Africa a) Africa Nigeria Trending Tokens: XEN, PEPE South Africa Trending Tokens: AVAX, TRON b) Middle East Trending Keywords: israel crypto conference c) Latin America Brazil Trending Tokens: SAND, CGPT Argentina Trending Tokens: LINA Mexico Trending Tokens: BTC, SOL