Bitget Research Institute: Bitcoin price gradually stabilizes, Blast test network officially launched

In the past 24 hours, many new popular currencies and topics have emerged in the market. Perhaps they will be the next market focus.

Written by: Bitget Research Institute

In conclusion

**1. Popular currencies: **

ligo (Token): Mint’s Bitcoin Layer 2 expansion project has just been completed recently. The BRC20 token LIGO has performed well in the secondary market. The subsequent trend requires the development progress of the government-owned project.

Tether (Token): According to data from The Block, USDT issuer Tether’s share of the global stablecoin supply will grow from 50% to 71% in 2023.

ZUZALU (Token): A memecoin posted by V God on a tweet. In March, TGE rose sharply for a short time and then fell silent. Two days ago, it suddenly pulled up 40 times in 24 hours. After a correction, it rose sharply to a new high, and the currency price of TROLL The rhythm is similar. The 24h Dex trading volume reached 27M US dollars, and the number of 24h transactions reached 9655.

TROLL (Token): Troll was created in April 2023. Musk changed his profile to chief troll officer, which aroused market hype for the meme coin - TROLL. The currency price continued to rise sharply, and the 24h transaction volume on the chain was 24M. The U.S. dollar doubled from last week’s single-day figure of 12M U.S. dollars, the number of transactions was 7,647, and the number of currency holders on the chain increased from the previous 2,000 to 8,706.

LINK (Token): There has been a lot of activity on the LINK whale chain recently. The whale address starting at 0x54f withdrew 218,049 LINK (approximately US$3.23 million) from Coinbase. At the same time, some whale addresses are selling LINK at a loss to repay their debt on Aave. It is reported that the whale address bought 237,054 LINK (approximately $3.55 million) at a price of $14.96 between November 10 and December 2, and then sold 165,083 LINK at a price of $14.15 in the past 4 hours. (approximately $2.33 million). There are currently 71,979 LINKs left (approximately $1.02 million), and the total loss is approximately $190,000.

Pendle (Token): Pendle has recently added LRT asset components, allowing users to obtain more LRT-related benefits. The product has been continuously iterated and has been well received by the community. The price of Pendle has reached a record high, and its product capabilities and iteration speed have also been recognized by hype funds.

**2. Popular NFT aspects: **

Gas Hero (NFT): Gas Hero is a Web3 social and strategy game developed by the former StepN team. Unlike traditional games, Gas Hero places a strong emphasis on game theory, providing players with richer strategies, and utilizes a decentralized trading platform to maximize the transparency of on-chain data. The game has just been launched, and NFT transactions in the game are quite popular.

**3. Popular DAPP aspects: **

Maverick Protocol (Dapp): Binance Wallet recently announced an airdrop incentive for wallets that provide LP on Maverick Protocol, causing widespread participation from players on the chain.

QnA3.AI (Dapp): Web3 knowledge sharing platform based on AI, which has received widespread attention from players on the BNB chain. The project currently has a data mining mode. Users can join and use the idle computing resources on their devices to perform data cleaning and data capture on large models, and provide point rewards for users who contribute computing power.

Smartcat (Dapp): The NFT project launched by Smart Layer is very popular on the chain. Users can interact with SmartCat NFT such as Feed and Clean, and the interaction is extremely active.

Turnup (Dapp): Web3 Social Gaming Eco, the transaction data on the chain continues to increase, and it ranks among the top daily active users of Polygon Dapp. The project team promised on Twitter that when it reaches the top 1 daily active, it will conduct an AMA with Polygon Founder - Sandeep Nailwal.

Odos Router (Dapp): Odos Protocol is the first Dex aggregator that allows users to exchange multiple tokens into one asset in a single atomic transaction. It can easily exchange a basket of input tokens into the desired one-time output, thus saving gas fees and limiting market volatility.

Gains Network (Dapp): On-chain derivatives protocol, the gDAI collateral excess reserve on the platform has reached 5 million US dollars, an increase of approximately 25% in the past half month, reaching a new high in a year.

Blur (Dapp): The Blast test network was officially launched, driving the rise of BLUR tokens. At the same time, according to monitoring by on-chain analyst Ember, 49.46 million BLUR (32.29 million US dollars) were unlocked and transferred from the unlocking contract to the 0x0A0 multi-signature address half an hour ago. , and then transferred to Coinbase Prime via the 0x0A0 multi-signature address. A large number of tokens will be unlocked this month, which will push up the price.

TinyTap (Dapp): TinyTap is a large library of teacher-created games. The project became part of Animoca Brands and aims to build an open education system based on the blockchain. Animoca Brands claimed that it intends to purchase additional EDU tokens from the open market, and Binance Labs invested US$3.15 million in the Web3 education protocol Open Campus, bringing a certain amount of traffic to the web3 education sector.

WOOFi (Dapp): The defi project launched by the crypto exchange WOO has gained popularity in a short time due to the impact of its plan to repurchase its shares and tokens previously acquired by the hedge fund Three Arrows Capital to “eliminate uncertainty”. to a positive impact.

Magic Eden (Dapp): Magic Eden is a user-friendly platform known for its fast processing times, solid security, and a variety of compelling features that make buying and selling easy. For example, Magic Eden works closely with creators through its Launchpad to help them create, mint, market, and successfully launch their projects. Magic Eden is a Solana-based peer-to-peer marketplace designed for trading non-fungible tokens (NFTs).

Aerodrome finance (Dapp): Aerodrome is an emerging automated market maker (AMM) protocol that aims to become the central liquidity hub for Coinbase’s Layer 2 chain Base. Aerodrome’s design draws from the Velodrome V2 model to incentivize liquidity on the protocol. Aerodrome operates independently of Velodrome, although the two have collaborated. Aerodrome’s AERO is a utility and governance token that allows holders to lock the token and receive veAERO NFTs, as well as voting rights based on the lock time.

4.Twitter Hot Discussions:

Due to anomalies in the data source, there is no data in this section today.

**5. Regional hot searches: **

CHZ (Token): The fan token sector has undergone unusual changes. Tokens such as ARG and SANTOS have surged. CHZ, as a fan token issuance and trading platform and the leader in the field, has increased by +20% in a single day, which is suspected to be pre-hype before the European Cup.

MANTA (Token): Manta Network stated on the X platform that the Into the Blue airdrop will be open for collection on January 18. Previously, on January 5, Manta Network announced the launch of the Into the Blue airdrop program, which currently supports users to check their airdrop qualifications based on their contributions to the ecosystem in the past three years. Into the Blue rewards 50 million MANTA, accounting for 5% of the total supply.

Text

Written by: Bitget Research Institute

Data statistics time: January 17, 10:30

Data source: Dune, Dapps, Twitter, Google

illustrate:

1) Newly added active users: refers to the wallet addresses newly generated in the public chain in the past 24 hours and having interactive behaviors on the chain

2) Existing active users: refers to wallet addresses that were generated on the public chain 24 hours ago but have interacted with the chain in the past 24 hours

3）Dapp Nikkatsu (UAW: unique active wallets)

4）TGE (Token Generation Event)

5) Entity in the report is the collective name for contract accounts (CA) and Ethereum original accounts (EOA), and is not the result of aggregation of entity addresses

1.BTC Image - BRC20

ligo (Token): Mint’s Bitcoin Layer 2 expansion project has just been completed recently. The BRC20 token LIGO has performed well in the secondary market. The subsequent trend requires the development progress of the government-owned project.

2. Public chain portrait-ETH public chain

2.1 User portrait

2.1.1 Core Data

Total number of active ETH users: 411,396

Number of new active users of ETH: 91,679 Increase or decrease compared to yesterday: -3.19%

Number of active ETH users: 319,717 Increase or decrease compared to yesterday: -4.33%

2.1.2 Add user portrait

Core data: ETH added 91,679 new active users yesterday, -3.19% compared to yesterday

Popular track conditions

Popular project status

Key projects:

Tether (Token): According to data from The Block, USDT issuer Tether’s share of the global stablecoin supply will grow from 50% to 71% in 2023. Recently, the number of USDT stablecoins in circulation has exceeded 95 billion, which is greater than the GDP of countries such as Guatemala and Bulgaria.

2.1.3 Existing user portraits

Core data: There are 319,717 active ETH users, -4.33% compared to yesterday

Popular track conditions

Popular project status

Key projects:

Memecoin (Token): Farming’s reward certification activity has recently been launched. Users need to deposit at least 69 $MEME tokens in participating wallets to pass real-person verification. Therefore, there is more transfer information on the chain, and community users are more willing to participate in Farming reward claims.

2.2 Popular currency pairs

2.2.1 Uniswap V2

ZUZALU (Token): A memecoin posted by V God on a tweet. In March, TGE rose sharply for a short time and then fell silent. Two days ago, it suddenly pulled up 40 times in 24 hours. After a correction, it rose sharply to a new high, and the currency price of TROLL The rhythm is similar. The 24h Dex trading volume reached 27M US dollars, and the number of 24h transactions reached 9655.

2.2.2 Uniswap V3

TROLL (Token): Troll was created in April 2023. Musk changed his profile to chief troll officer, which aroused market hype for the meme coin - TROLL. The currency price continued to rise sharply, and the 24h transaction volume on the chain was 24M. The U.S. dollar doubled from last week’s single-day figure of 12M U.S. dollars, the number of transactions was 7647, and the number of currency holders on the chain increased from the previous 2000 to 8706.

2.3 Popular NFT

2.3.1 Top NFT Collection

Gas Hero (NFT): Gas Hero is a Web3 social and strategy game developed by the former StepN team. Unlike traditional games, Gas Hero places a strong emphasis on game theory, providing players with richer strategies, and utilizes a decentralized trading platform to maximize the transparency of on-chain data. The game has just been launched, and NFT transactions in the game are quite popular.

3. Public chain portrait-BSC public chain

3.1 User portrait

3.1.1 Core Data

Total BSC active users: 1,328,201

Number of new active users of BSC: 192,145 Increase or decrease compared to yesterday: -0.87%

Number of active BSC users: 1,136,056 Increase or decrease compared to yesterday: -1.15%

3.1.2 Add user portrait

Core data: BSC added 192,145 new active users yesterday, -0.87% compared to yesterday

Popular track conditions

Popular project status

Key projects:

Maverick Protocol (Dapp): Binance Wallet recently announced an airdrop incentive for wallets that provide LP on Maverick Protocol, causing widespread participation from players on the chain.

3.1.3 Existing user portraits

Core data: BSC has 1,136,056 existing active users, -1.15% compared to yesterday

Popular track conditions

Popular project status

Key projects:

QnA3.AI (Dapp): Web3 knowledge sharing platform based on AI, which has received widespread attention from players on the BNB chain. The project currently has a data mining mode. Users can join and use the idle computing resources on their devices to perform data cleaning and data capture on large models, and provide point rewards for users who contribute computing power.

3.2 Popular currency pairs

3.2.1 PancakeSwap V2

MANTA (Token): Recently, the Manta public chain announced its token plan, and fake tokens imitating its name appeared on BSC. Users need to screen to avoid being deceived.

4. Public chain portrait-Polygon public chain

4.1 User portrait

4.1.1 Core Data

Total Polygon active users: 585,176

Number of new active users of Polygon: 112,435 Increase/decrease compared to yesterday: -6.43%

Number of existing active Polygon users: 472,741 Increase or decrease compared to yesterday: -1.67%

4.1.2 Add user portrait

Core data: Polygon added 112,435 new active users yesterday, -6.43% compared to yesterday

Popular track conditions

Popular project status

Key projects:

Smartcat (Dapp): The NFT project launched by Smart Layer is very popular on the chain. Users can interact with SmartCat NFT such as Feed and Clean, and the interaction is extremely active.

4.1.3 Existing user portraits

Core data: Polygon has 472,741 active users, -1.67% compared to yesterday

Popular track conditions

Popular project status

Key projects:

Turnup (Dapp): Web3 Social Gaming Eco, the transaction data on the chain continues to increase, and it ranks among the top daily active users of Polygon Dapp. The project team promised on Twitter that when it reaches the top 1 daily active, it will conduct an AMA with Polygon Founder - Sandeep Nailwal.

4.2 Popular currency pairs

4.2.1 Uniswap V3

LINK (Token): There has been a lot of activity on the LINK whale chain recently. The whale address starting at 0x54f withdrew 218,049 LINK (approximately US$3.23 million) from Coinbase. At the same time, some whale addresses are selling LINK at a loss to repay their debt on Aave. It is reported that the whale address bought 237,054 LINK (approximately $3.55 million) at a price of $14.96 between November 10 and December 2, and then sold 165,083 LINK at a price of $14.15 in the past 4 hours. (approximately $2.33 million). There are currently 71,979 LINK left (approximately $1.02 million), and the total loss is approximately $190,000.

5. Public chain portrait - Arbitrum public chain

5.1 User portrait

5.1.1 Core Data

Total Arbitrum active users: 144,974

Number of new active users in Arbitrum: 27,396 Increase/decrease compared to yesterday: -16.57%

Number of existing active users of Arbitrum: 117,578 Increase or decrease compared to yesterday: -8.68%

5.1.2 Add user portrait

Core data: Arbitrum added 27,396 new active users yesterday, -16.57% compared to yesterday

Popular track conditions

Popular project status

Key projects:

Orbiter Finance (Dapp): On January 11, the cross-chain bridge project Orbiter Finance stated on the X platform that in order to thank its loyal community, it will launch a native token this year and will gradually announce the token economy and distribution plan to ensure a fair process. The O-Points program will play a vital role in shaping the rules for airdrops.

5.1.3 Existing user portraits

Core data: Arbitrum has 117,578 active users, -8.68% compared to yesterday

Popular track conditions

Popular project status

Key projects:

XAI (Dapp): Users can participate in protocol verification and assertion-related challenges by creating Xai Sentary Node, and obtain corresponding rewards through Sentry’s state license ID, the subsequent state root and the number of fully determined subsequent state roots.

5.2 Popular currency pairs

5.2.1 Uniswap V3

Pendle (Token): Pendle has recently added LRT asset components, allowing users to obtain more LRT-related benefits. The product has been continuously iterated and has been well received by the community. The price of Pendle has reached a record high, and its product capabilities and iteration speed have also been recognized by hype funds.

6. Public chain portrait - Base public chain

6.1 User portrait

6.1.1 Core Data

Base total active users: 70,703

Number of new active users in Base: 11,199 Increase or decrease compared to yesterday: +5.84%

Number of existing active users in Base: 59,504 Increase or decrease compared to yesterday: -10.98%

6.1.2 Add user portrait

Core data: Base added 11,199 new active users yesterday, +5.84% compared to yesterday

Popular track conditions

Popular project status

Key projects:

Odos Router (Dapp): Odos Protocol is the first Dex aggregator that allows users to exchange multiple tokens into one asset in a single atomic transaction. It can easily exchange a basket of input tokens into the desired one-time output, thus saving gas fees and limiting market volatility.

6.1.3 Existing user portraits

Core data: Base has 59,504 active users, -10.98% compared to yesterday

Popular track conditions

Popular project status

Key projects:

Dmail (Dapp): Dmail is an email application based on Web3.0 and Dfinity technology. It integrates NFT functionality and distributed storage. Each account itself is an NFT. This project aims to eliminate the differences between traditional email systems and blockchain-based email systems, thereby lowering the barriers for users and developers to participate in the crypto world. Dmail is designed to make using blockchain technology as easy and intuitive as the Internet.

7.DAPP Ecosystem-All Public Chains

KAI-CHING (Dapp): Shopping platform on the NEAR blockchain, pay with KAIC at hundreds of stores and stores, enjoy discounts, five smartphone providers have integrated KAIKAINOW into their devices.

8.DAPP Ecology-ETH Public Chain

Blur (Dapp): The Blast test network was officially launched, driving the rise of BLUR tokens. At the same time, according to monitoring by on-chain analyst Ember, 49.46 million BLUR (32.29 million US dollars) were unlocked and transferred from the unlocking contract to the 0x0A0 multi-signature address half an hour ago. , and then transferred to Coinbase Prime via the 0x0A0 multi-signature address. A large number of tokens will be unlocked this month, which will push up the price.

9.DAPP Ecology-BSC Public Chain

TinyTap (Dapp): TinyTap is a large library of teacher-created games. The project became part of Animoca Brands and aims to build an open education system based on the blockchain. Animoca Brands claimed that it intends to purchase additional EDU tokens from the open market, and Binance Labs invested US$3.15 million in the Web3 education protocol Open Campus, bringing a certain amount of traffic to the web3 education sector.

10.DAPP Ecology-Polygon Public Chain

Galxe (Dapp): Galxe supports multiple data sources, including on-chain and off-chain data. For on-chain credentials, curators can contribute via subgraph queries or static snapshots; for off-chain credentials, Project Galaxy has integrated with platforms such as Snapshot.org, Twitter, and Github. This support of multiple data sources enables Project Galaxy to collect and utilize data more broadly.

11.DAPP Ecosystem-Solana Public Chain

Magic Eden (Dapp): Magic Eden is a user-friendly platform known for its fast processing times, solid security, and a variety of compelling features that make buying and selling easy. For example, Magic Eden works closely with creators through its Launchpad to help them create, mint, market, and successfully launch their projects. Magic Eden is a Solana-based peer-to-peer marketplace designed for trading non-fungible tokens (NFTs).

12.DAPP Ecosystem-Arbitrum Public Chain

WOOFi (Dapp): The defi project launched by the crypto exchange WOO has gained popularity in a short time due to the impact of its plan to repurchase its shares and tokens previously acquired by the hedge fund Three Arrows Capital to “eliminate uncertainty”. to a positive impact.

13.DAPP Ecology-Base Public Chain

Odos (Dapp): Odos Protocol is the first Dex aggregator that allows users to exchange multiple tokens into one asset in a single atomic transaction, which can easily convert a basket of input tokens into the desired output in one go , thus saving gas costs and limiting market volatility.

14.DAPP Ecology-Full Public Chain GameFi Section

Pixels (Dapp): Pixels is an immersive open-world massively multiplayer online (MMO) game based on blockchain that leverages the power of web3 to achieve digital ownership of players and creates a Pixels game where players can explore, complete tasks, and collaborate It was first launched with planting, cooking and quests as the core mechanisms, and social features such as transactions, achievements and leaderboards were gradually added to promote interaction between players.

15. Gas fee consumption-ETH public chain

Memecoin/MemeLand has been explained above.

16.Gas consumption situation - BSC public chain

QnA3 has been clarified above.

17.Gas consumption-Polygon public chain

CoinTool (Dapp): A well-known on-chain tool product, currently widely used on Polygon. XEN Batch Minter helps users mint XEN tokens in batches.

18.Gas consumption-Arbitrum public chain

Gains Network (Dapp): On-chain derivatives protocol, the gDAI collateral excess reserve on the platform has reached 5 million US dollars, an increase of approximately 25% in the past half month, reaching a new high in a year.

19.Gas consumption-Base public chain

Aerodrome finance (Dapp): Aerodrome is an emerging automated market maker (AMM) protocol that aims to become the central liquidity hub for Coinbase’s Layer 2 chain Base. Aerodrome’s design draws from the Velodrome V2 model to incentivize liquidity on the protocol. Aerodrome operates independently of Velodrome, although the two have collaborated. Aerodrome’s AERO is a utility and governance token that allows holders to lock the token and receive veAERO NFTs, as well as voting rights based on the lock time.

20.Twitter Trends Token Top Rank

Due to anomalies in the data source, there is no data in this section today.

21.Google hot search word cloud-all regions

CHZ (Token): The fan token sector has undergone unusual changes. Tokens such as ARG and SANTOS have surged. CHZ, as a fan token issuance and trading platform and the leader in the field, has increased by +20% in a single day, which is suspected to be pre-hype before the European Cup.

MANTA (Token): Manta Network stated on the X platform that the Into the Blue airdrop will be open for collection on January 18. Previously, on January 5, Manta Network announced the launch of the Into the Blue airdrop program, which currently supports users to check their airdrop qualifications based on their contributions to the ecosystem in the past three years. Into the Blue rewards 50 million MANTA, accounting for 5% of the total supply.

22. Google search hot words soared - East Asia, South Asia, Southeast Asia, Hong Kong, Macao and Taiwan

【South Asia】

“India” hot searches: PI, MYRO, OSMO, BLUR

“Pakistan” hot searches: LTC, MANTA, ADA, ICE

【Southeast Asia】

“Malaysia” hot searches: AVAX, LUNO, TRX, PI

“Philippines” hot searches: ICE, XRP, DOGE, MAV

“Singapore” hot searches: VELO, CRO, XRP, FIL, SEI, BONK

“Indonesia” hot search: TITAN

“Vietnam” hot search: XAI

[East Asia] Hot searches:

“Mainland China” hot searches: SANTOS, TUSD

“Hong Kong” hot searches: EOS, XAI, LTC, MANTA

“Taiwan” hot search: COMP

“Korea” hot searches: OKX, Bitget

23. Google search hot words soared - English area, Europe, CIS area

[CIS Area] Hot searches: MAGIC, ARKM, bungee, whitebit

【English area】

“United States” hot searches: HONEY, AUCTION

“Australia” hot searches: DOT, XRP, FLOW

“Canada” hot searches: KAS, CHZ, ARKM, BLUR, QNT

“UK” hot searches: LTC, PENDLE, CHZ

【European Area】

“Poland” hot searches: ARKM, CHZ, KAS

“France” hot searches: SANTOS, CHZ, monad, MAV

“Switzerland” hot searches: XRP, RAY, revolut, LUNA, CRO, SHIB, BLUR, MANTA

“Türkiye” hot searches: selcoin, uniswap, bingx, coinbase

“Italy” hot searches: MAV, CHZ, MAV, INJ, FTT, KUJI

“Spain” hot searches: METIS, KAS, CHZ

24. Google search hot words soared - Middle East, Latin America, Africa

【African Region】

“South Africa” hot searches: ICP, LUNA, ADA, SOL

“Nigeria” hot search: VET

【Middle East Region】

“UAE” hot searches: TWT, XRP, SOL

“Saudi Arabia” hot search: IOTA, XRP

【Latin America】

“Brazil” hot searches: DASH, CHZ, MUBI, AMP, MANTA

“Argentina” hot searches: MANTA, NEXO, GALA, BONK

“Mexico” hot search: MANTA

“Chile” hot searches: AI, SAND

Reference link

Dune on-chain data dashboard—public chain portrait:

Dune on-chain data dashboard—Gas consumption: