Bitget Research Weekly News: Bitget Launchpad launches group mode for the first time, Celestia confirms airdrop at the end of the month
In the past week (10.23-10.27), many new popular currencies and topics have appeared in the market.
1.Market Trends
This week (10.23-10.27) the most focused topics in the market are:
Bitget Launchpad launches group pooling mode for the first time, Ethereum Layer 2 TVL rises to $11.9 billion
BTC trades sideways at high levels, altcoins continue to rise, and the fear and greed index returns to bull market levels
Crypto market volatility continues to rise, Memeland currency is about to be released
Crypto markets rally across the board as BlackRock’s proposed Bitcoin spot ETF files with DTCC
BTC price stabilizes at 30,000 US dollars, Celestia confirms airdrop at the end of the month
2.Popular Projects
The most popular projects this week (10.23-10.27) are:
T2T2（Token）：Bitget announced the launch of a new Launchpad project T 2 T 2. The participation methods are divided into investment mode and the first group-building mode. After the event starts, all users can join the group freely. Users must complete KYC and hold ≥ 50 BGB to participate. Three people form a group. Old users can only initiate group bookings, while newly registered users can either initiate group bookings or join group bookings. Users who have not formed a group can invest up to the average BGB position during the statistical period; users who have formed a group can invest up to twice the average position.
LINK（Token）：There has been very active activity on the LINK token chain recently. The FTX/Alameda associated address transferred 253,862 LINK (approximately $2.67 million) and 1.59 million AGLD (approximately $1.34 million) to Coinbase this morning. According to Nansen 2 data, LINK ranks second in Smart Moneys 24-hour Ethereum network fund inflow tracking list, with approximately US$3.9 million.
MEMELAND（Token）：The MEME token community pre-sale for the NFT project Memeland has ended. On-chain data shows that the MEME token community pre-sale raised a total of 8,737 ETH, worth approximately US$15.67 million; MEMELAND is an NFT series launched by the Internet Meme platform 9 GAG. The NFT series launched by the Internet Meme platform 9 GAG is extremely popular.
Pudgy Penguins（NFT）：Launched in July 2021, Pudgy Penguins is a collection of avatars composed of 8888 randomly generated penguins with unique attributes. The initial mint price was 0.03 ETH and all sold out within a week. In August of the same year, an explosive article by New York Times reporter Kevin Roose brought huge traffic to Pudgy Penguins, helping the project’s floor price quickly exceed 3 ETH. The average floor price of this project is 5.05 ETH, and the daily trading volume is 440 ETH.
Maestro（Dapp）：Maestro is a suite of cryptocurrency-related tools designed for Telegram users to provide users with a one-stop cryptocurrency trading and management solution. The project provides features such as multi-chain Sniper Bot, wallet tracking, automatic purchasing, and various trading strategies, and is loved by players on the chain. Regarding the recent theft incident, the official stated that it has done its best to refund every user affected by the vulnerability exploitation incident: for the 9 affected tokens, it has chosen to purchase the tokens and refund them instead of simply sending ETH ; For the other two tokens (JOE and LMI), there is no longer enough liquidity to repurchase the lost tokens, so it was decided to compensate affected users with the equivalent amount of ETH and an additional 20%.
Uniswap（Dapp）：The official platform issued a statement stating that the governance community has approved providing $46.2 million to the Uniswap Foundation to support its work in the next two years. Recently, the chain showed that the Uniswap Foundation transferred 6.8 million UNIs to a new address and FalconX. In addition, the Uniswap Foundation associated address transferred 3 million UNI to Wintermutes Kraken recharge address.
Friend.tech（Dapp）：Friend.techs daily activity has dropped significantly recently, and FT imitation disks have appeared frequently recently, such as PostTech and Cipher on Arbitrum, Friend 3 V1 on BSC, and Tomo on Linea. The user experience and smoothness are better than FT, attracting Some of the traffic was lost; recently, the former No. 1 Vombatus sold 176 of its own Keys for 852 ETH, and the arbitrage behavior affected market confidence.
3. Hot Searches
The most popular topics this week (10.23-10.27) are:
BTC（Token）：The BlackRock iShares Bitcoin Spot ETF (ticker: IBTC) reappears on the DTCC website after being briefly removed, but the Create/Redeem item has changed from the earliest Y to N. Affected by the news, the market fluctuated at high levels.
PEPE（Token）：Recently, according to data on the chain, 6.9 trillion PEPE were transferred to the black hole address and destroyed by the PEPE team, which is equivalent to approximately US$6.55 million. As the market rebounded, PEPE used the destruction action to surge by more than 100% in the past three days, leading the gains. MEME section.
AAVE（Token）：(1) The Aave community’s proposal to “purchase GHO from the secondary market to meet DAO’s short-term capital needs” has been approved and will soon purchase approximately 1.6 million GHO from the secondary market to support Aave DAO’s short-term capital needs, such as subsidies and event sponsorships. etc.; (2) The Aave community launched a new proposal to introduce aTOKEN to grant voting rights to protocol users, that is, users who use AAVE also have governance rights.
Bitget Research Institute focuses on focusing on on-chain data and mining value assets. Through real-time monitoring of on-chain data and regional hot searches, it explores cutting-edge value investments and provides institutional-level insights for crypto world enthusiasts. So far, it has provided Bitget global users with early value assets in many popular sectors such as [Arbitrum Ecosystem], [AI Ecosystem], and [SHIB Ecosystem], and created better wealth for Bitget global users through in-depth data-driven research. effect.
[Disclaimer] There are risks in the market, so investment needs to be cautious. This article does not constitute investment advice and users should consider whether any opinions, views or conclusions contained in this article are appropriate for their particular circumstances. Invest accordingly and do so at your own risk.
