Bitget Research Institute: ORDI’s listing on Binance triggered a general rise in the BRC20 sector, and the recovery of the NFT track led to a surge in BLUR volume

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

1. Popular currencies

BLUR（Token）：Nansen shows: NFT trading volume has grown steadily over the past five weeks, reaching $129 million last week. Judging from the share of NFT transaction volume, the NFT market Blur has occupied the absolute top spot in the past 30 days. The price of BLUR currency has been rising recently, and the trading volume on Upbit has been large, with the 24-hour trading volume approaching $200M. Up +49% in the past week and +110% in the past month;

ORDI（Token）：Binance listed Ordinals (ORDI) and added a seed tag to it, which triggered a surge in transaction volume across the network, a short-term surge in ORDI, and a general rise in BRC-20 ecological tokens. Previously, UniSat Wallets BRC-20 Swap was launched, and the first batch supports 14 Bitcoin inscription assets (sats, ordi, trac, oshi, btcs, oxbt, texo, cncl, meme, honk, .bit, vmpx, pepe, mxrc) .

sats（Token）：BRC 20 token, a currency with the concept of satoshi, the smallest unit of Bitcoin, has a total of 21 million. As Unisat officially proposed it as a gas fee consumption token for BRC-20 DEX, with Unisats BRC-20 Swap officially launched , the transaction volume of SATS tokens increased, and the currency price continued to rise sharply.

LINK（Token）：Recently, smart money has been intensively buying LINK tokens. According to Ember Monitor, a whale bought LINK worth US$3.8 million at an average price of US$12.17. The whale had previously made a profit of US$1.83 million by buying RLB, with a profit margin of 380%. According to Nansen 2 data, Smart Money is on the Ethereum network capital inflow tracking list in 24 hours, and LINK Smart Money has an inflow of approximately US$5.87 million;

BEG（Token）：The project posted by KOL Ben.eth (@eth_ben) with 100k fans on Twitter currently has LIQUIDITY = $1.15M on the chain, and the 24-hour transaction volume of the entire network is $4.77M. There is a 2% transaction tax, and the contract authority has been given up. Previously, in June, BitBoy Crypto’s Ben Armstrong withdrew from cooperation with Ben.eth. BitBoy Crypto also emphasized that Ben.eth no longer holds any BEN tokens to dispel the relationship between the two.

IO（Token）：meme currency, 24 h transaction volume = $ 6.26 M, 24 h on-chain transactions = 4191, social media popularity is high, a single tweet can get 5 k+ views within 24 hours, the contract has no obvious risks, 90% token circulation , LP token is locked until January 5, 24.

GROK（Token）：Musk’s xAI model GROK theme meme, (on November 5, Musk said on Twitter that xAI’s AI model Grok system has been released, and the topic is full), the enthusiasm for on-chain transactions is high, and TGE’s on-chain sales exceeded $12 on the first day M trading volume, the currency price fell by -20% today, and there is still a 24-hour trading volume of more than $5M.

2. Popular NFTs

Springfield Punks（NFT）：Animated The Simpsons Halloween Special Satirizes NFT, The Simpsons author Rino Russo released and opened for free minting the Simpsons themed NFT series Springfield Punks experienced a roller coaster ride of FOMO. Its floor price rose to a maximum of 0.45 ETH and then fell rapidly, and has now fallen below 0.1 ETH.

Base on Paragraph(BLOG)（NFT）：For Free Mint NFT on MintFun, the current number of currency holding addresses on the chain has reached 66, 326;

3. Popular DAPPs

Arbitrum（Dapp）：The Arbitrum community passed the proposal to activate ARB staking with 100 million ARB (accounting for 1% of the total ARB supply) with a support rate of 66.76%. Proceeds will be funded by the treasury and distributed via smart contracts over a 12-month period.

RhinoFi（Dapp）：RhinoFi is a cross-chain bridge and multi-chain DEX aggregator that supports a large number of public chains (Arbitrum Nova, Arbitrum One, BNB Smart Chain, Base, Ethereum, Linea, Manta Pacific, Optimism, Polygon, Polygon zkEVM, Scroll, opBNB, zkSync Era) . I am currently working on Scroll ecological activities, and the traffic is good.

Pancakeswap（Dapp）：PancakeSwap will soon launch Butter Finance, a decentralized meta-governance and revenue improvement platform based on the veCAKE model. Through veCAKE, governors can obtain proposal voting rights, fee claims, CAKE release control, and up to 3x rewards when providing liquidity on PancakeSwap.

4.Twitter hot discussion

LINK（Token）：Recently, smart money has been intensively buying LINK tokens. According to Ember Monitor, a whale bought LINK worth US$3.8 million at an average price of US$12.17. The whale had previously made a profit of US$1.83 million by buying RLB, with a profit margin of 380%. According to Nansen 2 data, Smart Money is on the Ethereum network capital inflow tracking list in 24 hours, and LINK Smart Money has an inflow of approximately US$5.87 million;

5. Regional hot searches

XRP（Token）：Following Ripple’s victory in its lawsuit with the SEC, business progress has accelerated. Georgia’s central bank has partnered with blockchain payments company Ripple to launch the country’s central bank digital currency (CBDC) pilot project. At the same time, according to an official announcement, the Dubai Financial Services Authority (DFSA) announced in accordance with its rule manual GEN Rule 3A.3.4 that Toncoin (TON) and Ripple (XRP) have been recognized by the agency, taking their compliance to a higher level.

BLUR（Token）：Nansen shows: NFT trading volume has grown steadily over the past five weeks, reaching $129 million last week. Judging from the share of NFT transaction volume, the NFT market Blur has occupied the absolute top spot in the past 30 days. The price of BLUR currency has been rising recently, and the trading volume on Upbit has been large, with the 24-hour trading volume approaching $200M. Up +49% in the past week and +110% in the past month;

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.