Bitget Research Institute: Bitcoin exceeded $36,000, SEC Chairman revealed that FTX may restart

1. Popular currencies

RATS（Token）：The BRC-20 track represents a meme-type token of a mouse. Affected by the recent influx of track funds, the tokens current transaction volume on the chain has increased sharply. The transaction volume in 7 days is 226 BTC (approximately 8.13 million US dollars), and the price is After the correction, the current market value is 33 BTC.

MAPO（Token）：The tokens deployed by MapProtocol on BRC-20 are designed to create a Layer 2 protocol for BTC rollups. Yesterday, ROUP, the first cross-chain project in the ecosystem, was publicly mint. A total of 21 million tokens have been sold. The current market value is 3 million US dollars.

GROK（Token）：With Musks artificial intelligence startup xAI launching its first artificial intelligence model Grok, the on-chain meme token GROK has been sought after by speculation funds. Currently, the token has accumulated a large number of currency holders and transaction volume, and its price is at a high level. Fluctuating, 24 H trading volume is US$6 million per month.

LINK（Token）：Chainlink, the leader in the oracle machine track, continues to maintain its upward momentum. Today it once again broke through the previous high, with the currency price exceeding 14 US dollars. The 24-hour transaction volume of the entire network was 1.16 billion US dollars. The market value reached the 12th place in the cryptocurrency rankings, with strong growth.

MATIC（Token）：The NEAR Foundation and Polygon Labs announced a strategic cooperation to jointly develop zkWASM, a zero-knowledge (ZK) prover for the WASM blockchain. The zkWASM prover is scheduled to go live next year. The price of MATIC has rebounded 60% from the bottom this time, and the trend is relatively good.

ARB（Token）：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. And recently announced the launch of donation programs, namely: the first round of Arbitrum Citizens Retrofunding, Matching Fest on Gitcoin, and Allo Hackaton. At the same time, Arbitrum DAO initiated a vote on the “Provide Financial Support for STIP Proposal” proposal and planned to increase the budget to 71.4 million ARB.

2. Popular NFTs

Crypto Punks（NFT）：Affected by the popularity of the Token market, NFT whales have recently returned, with addresses purchasing zombie Punks worth over 100 ETH, and the overall NFT market popularity has picked up.

3. Popular DAPPs

Opensea Seaport（Dapp）：OpenSea has recently cut about 50% of its workforce and will reposition the team around OpenSea 2.0 in the future. New York hedge risk fund Coatue has cut the value of its OpenSea shares by 90% to $13 million, which may indicate that OpenSeas current valuation is only $1.4 billion.

Ethscription（Dapp）：The project was developed by Tom Lehman, co-founder and former CEO of Genius.com, a protocol that inscribes on Ethereum, allowing the creation and sharing of digital objects on Ethereum using call data. The current mint price of the protocol project ETHS is 1 u, the current price exceeds 3,000 u, a huge increase.

RhinoFi Bridge（Dapp）：rhino.fi is a multi-chain decentralized finance (DeFi) aggregator that provides a frictionless cross-chain experience, allowing users to access the best DeFi opportunities in one safe and secure place. As a Layer 2 solution, rhino.fi aims to provide users with easy multi-chain token transfer capabilities, achieving the ultimate experience of cross-chain operations and allowing users to seamlessly switch between different blockchains without complexity. bridging or network switching.

Oneinch（Dapp）：Binance officially launched the Binance Web3 wallet, which is a self-hosted cryptocurrency wallet built into the Binance App. Users can exchange tokens across multiple networks through a simplified process. The bottom layer of Dex uses 1Inch routing, which affected 1inch and once rose by more than 10%.

Friend.Tech（Dapp）：The popularity of Friend.Tech, a social protocol on Base, has declined during this token bull market. The overall TVL has remained stable at around US$43 million. The daily cost of the protocol has dropped by 60%. It is now a good time to gain points through interaction.

TagDotTech（Dapp)：TagDotTech, a social protocol incubated by Kol Machibigbrother, was released on Base and TGE on Balancer yesterday. The token price once increased more than ten times. The current total market value is US$300 million and the 24-hour trading volume is US$1.8 million.

Raydium（Dapp）：Raydium is a DEX based on Solana. The chairman of the SEC revealed that FTX may restart under new leadership. The RAY token maintains a strong new high trend, with a 24-hour price increase of 10%, a trading volume of 20 million US dollars, and a market value of 160 million US dollars;

4.Twitter hot discussion

Gala（Token）：Recently, the game track on the market chain has been generally rising. As a popular game track asset in the last cycle, Gala has received the focus of market speculation funds. The currency price has rebounded by more than 80% in the past half month, and the search volume on Twitter is high. It is recommended to stay tuned. . Assets such as RACA and GMT in the same sector are also worthy of attention.

ARB（Token）：On November 7, Arbitrum announced that it will launch donation donation programs, namely: the first round of Arbitrum Citizens Retrofunding, Matching Fest on Gitcoin, and Allo Hackaton. On November 8, Arbitrum DAO launched a vote on the “Provide Financial Support for STIP Proposal” proposal, planning to increase the budget to 71.4 million ARB.

5. Regional hot searches

BTC（Token）：BTC broke through the integer mark of US$36,000 today. After the breakthrough, short positions of US$31 million were liquidated in the market. BTC jumped to only about US$37,000 in a short period of time, and is currently fluctuating around 36,500. After the Federal Reserve’s interest rate meeting in November, Chairman Powell’s speech after the meeting opened up the risk-on mode of the capital market and risk asset returns.

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.