Bitget Research Institute: Bitcoin’s V-shaped rebound is close to 38,000, and the probability that the Federal Reserve’s interest rates will remain unchanged in December rises to 94.5%

1. Popular currencies

RATS (Token): The BRC-20 track represents a meme type token of rat. Affected by the recent influx of track funds, the transaction volume of this token on the chain has increased sharply, with a 24-hour transaction volume of 96BTC(approximately US$1.56 million), becoming the second largest traded token on the BRC 20 track chain, with a market value of US$49 million.

GROK (Token): GROK is a MEME token of the same name based on the artificial intelligence model GROK launched by Elon Musk’s company The price of the token, which is worth nearly 3 million US dollars, has rebounded significantly in the past two days, once rebounding 60%, and the current market value is 90 million US dollars.

MUBI (Token): A relatively popular project recently. The project mainly focuses on the cross-chain of BRC 20 and ERC 20 tokens. The project conducted an IDO on Bounce and received official comments from DWF Labs. Since the BRC 20 token is currently relatively popular, the entry point for this project is more precise. At present, the project contract has been open sourced. The transaction volume in the past 24 hours has been approximately US$5 million, with a market value of US$9 million. The price has increased by 88% in the past 24 hours. It is recommended to stay tuned.

MATIC (Token): The centralized exchange OKX announced the use of PolygonSDK to build a Layer 2 network. In conjunction with the strategic cooperation announced by the NEAR Foundation and Polygon Labs earlier this month, they will jointly develop the zero-knowledge (ZK) prover zkWASM for the WASM blockchain, Polygon Network We are making great efforts to build a large network. MATIC has performed well during this round of crypto market gains, with gains of approximately 90% from its lows.

GMX (Token): The decentralized derivatives protocol GMX officially stated that trading incentives have been enabled for all V2 markets. The initiative aims to reduce transaction fees on decentralized perpetual trading platforms to an average of 0.02%, which will put Defi’s fees in direct competition with Cefi’s.

2. Popular NFTs

The Captainz (NFT): Memeland’s NFT has seen a surge in trading volume as the price of the $MEME coin has increased. Memeland stated on social platforms that Memeland has never had a roadmap, but has been constantly improving and updating its strategic direction. The following five goals represent the focus of the next phase of development: products, events, NFT, integration and SWAG.

3. Popular DAPPs

Banana Gun (Dapp): The project is a TG Bot to help users trade on DEX. Officially announced that the total transaction volume of the agreement has reached 388 million US dollars, growing to second place in the BOT track. At the same time, the single-day trading volume on the token chain has exceeded history. The new high reached $8.65 million, bringing in 28ETHhandling fees. The recent price increase of BANANA token has been strong, with a maximum increase of more than 60% in the past three days, with a market value of US$37.4 million.

Maestro (Dapp): As a well-known on-chain bot, Maestro is deeply loved by users in the crypto community. Maestro has a first-mover advantage and a good user base. At present, Maestros daily handling fees have increased to the previous high, reaching 150,000-200,000 US dollars, maintaining the top position in the BOT track.

Circle (Dapp): Circle has begun discussions with advisors to consider an IPO early next year. Due to its main product USDCStablecoinThe market share continues to shrink, and the market share dropped to less than 19%, which is far lower than the level when the company withdrew its public listing in December last year, and is facing great challenges for IPO. Today we announced a strategic investment in Sei Network to support the launch of native USDC on the network.

Compound (Dapp): The new proposal plans to add rETH as collateral and allocate 7,770 COMP for growth plans; at the same time, the founder of Compound’s new company Superstate completed US$14 million in financing, led by CoinFund and Distributed Global, and the new company focuses on using Public blockchain to develop regulated, compliant investment vehicles accessible to U.S. investors.

Treasure (Dapp): TreasureDAO is a Dapp based onEthereumA decentralized NFT ecosystem project by second-layer network Arbitrum. It started as a spin-off of Project Loot, launching its first batch of 10,000 project items in August 2021. TreasureDAO emphasizes that no purchase is required to obtain valuable items in its game, unlike many NFTs or gaming items. The project supports its ecosystem through MAGIC tokens and DAOs (Decentralized Autonomous Organizations), aiming to create a modular and open NFT and gaming integration platform.

QuickSwap (Dapp): QuickSwap is based on the Polygon networkDecentralized exchange(DEX), inspired by and cloned from Uniswap v2, a popular DEX on Ethereum. It allows users to exchange tokens with virtually no delays and extremely low transaction fees. QuickSwap uses Polygons second-layer expansion solution to achieve faster transaction confirmation speeds and lower network fees, aiming to solve the problems of Ethereum network congestion and high transaction costs. By using liquidity pools, users can also become liquidity providers to earn trading fees, increasing the possibility for participants to earn income.

4.Twitter hot discussion

BONK (Token): The leading meme coin of the Solana ecosystem. With the resurgence of the Solana ecosystem and the general rise of well-known projects in the ecosystem, it has increased 4 times in the past month, and has increased by more than 40% in the past 24 hours. It is very popular on social media. high.

5. Regional hot searches

Bitcoin (Token): Market strength. BTC hit a new high after the adjustment, and risk appetite gradually turned to altcoin speculation. November spot ETFs may be delayed. U.S. stocks fluctuated upward and the U.S. dollar index fell. Ppi fell sharply in October, supporting falling inflation. However, be wary that Buffett has begun to significantly reduce his holdings in U.S. stocks.

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], [SHIB Ecosystem], etc., 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.