Bitget Research Institute: The price of Inscription Track tokens generally fell, and Bitget platform currency BGB hit a record high
1. Popular currencies
BNSX (Token): Bitcoin Name Service System, the project aims to revolutionize the Bitcoin L2 decentralized identity solution. Yesterdays current 24-hour trading volume was 7.2 M, Holder 4960, market value 14.2 M, and number of transactions 2144 times. The cost of burning: supply 21, 000, 000, Limit per mint 100, which means mint 210,000 times. If the average transaction fee of mint is calculated (about 20 u), mint will burn at least 4.2 million US dollars in total.
MUBI (Token): MUBI is the native protocol token of the BRC 20-ERC 20 cross-chain bridge project Multibit. With the popularity of the BRC 20 ecology, the corresponding hype has also expanded to Ethereum. Multibit allows users to convert BRC 20 from Bitcoin The currency network cross-chains to the Ethereum network to enjoy the corresponding Defi ecology, because this unique function has been sought after and hyped by market funds. Bitget is now online.
agEUR (Token): Behind agEUR is the capital-efficient, decentralized, over-collateralized stablecoin protocol Angle Protocol; the recent product launch of Angle Transmuter will be voted on in Snapshot. After the vote is passed, the price of agEUR will have nothing to do with the trading price of EURUSD. You can Avoid any market risks caused by USDT/USDC de-anchoring.
ARB (Token): Arbitrum’s native token. Previously, in order to develop ecological projects, the Arbitrum Foundation airdropped more token support to the Arbitrum ecological project. As a result, the recent performance of the ARB token has been average. However, Arbitrum’s fundamentals are good and there will still be good prospects in the future. Trading opportunities.
Pussy (Token): A token deployed 2 years ago. It surged yesterday due to the influx of token hot money, and then continued to fall. The 24-hour trading volume was US$5.5 million. The risk of the project participating in the transaction is relatively high, and the contract risk of the token itself is controllable, so you can continue to pay attention.
2. Popular NFTs
Bitcoin Frogs (NFT): This project is a popular NFT series under Ordinals. As the overall market of BRC 20 tokens rebounded yesterday, NFT prices were also subject to speculation, and trading volume was relatively active. The NFT floor price has been rising continuously recently, and the current floor price of each NFT is 0.4 BTC.
Avive Profile NFT (NFT): Avive is a Social Fi project that recently announced a partnership with OKX and the token will be listed on December 19th. Avive Profile is the identification of user NFT, which can be minted on Avive Hub.
SmartCat (NFT): The NFT project recently launched by SmartLayer is very popular on the chain, and the number of Holders currently reaches 880,000.
3. Popular DAPPs
Ethscription (Dapp): This project is a protocol for inscribing on Ethereum developed by Tom Lehman, co-founder and former CEO of Genius.com, allowing the creation and sharing of digital objects on Ethereum using call data. The project has reached The BRC-20 asset popularity of the ordinals protocol on BTC has performed well recently.
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.
TinyTap (Dapp): TinyTap is a large library of teacher-created games, and the project became part of Animoca Brands, which 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.
Hooked (Dapp): Web3 social network Hooked Protocol announced a cooperation with Google Cloud on the universe.
Port 3 _aggregator (Dapp): The Port 3 project is a blockchain project designed to become a Web3 social data gateway, which provides open data services by aggregating Web2 and Web3 data. The design of Port 3 includes three core modules: data collection, data reading and data application to support the aggregation of community dynamics, social media trends and on-chain transaction data.
PancakeSwap (Dapp): Recently, it has significantly increased its trading volume and doubled its market share by launching the V3 version. PancakeSwap V3 introduces a number of improvements, including improving capital efficiency, reducing trader fees, increasing liquidity provider revenue and improving user experience. It has also branched into blockchain gaming, introducing fiat on-ramp and expanding its Yield Farming.
Orbiter (Dapp): The well-known cross-chain bridge project zk technology accelerates cross-chain operations and has technical advantages. The cost of cross-chain has a comparative advantage compared to other cross-chain bridge projects. At the same time, the project is also an important on-chain analysis tool. Data on the fundamentals of some Dapps and Layer 2 can be found on its official website. The project has not issued coins yet, so you can continue to pay attention.
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 leverage data more broadly.
Bounce Token (Dapp): Recently, as the Bounce Finance auction project on the Bitcoin ecological auction platform has a strong wealth creation effect, the new BDID project has also received widespread attention from the community, causing a surge in interactive gas.
bloXroute (Dapp): bloXroute is a blockchain project designed to solve a key challenge in the blockchain and cryptocurrency ecosystem - network throughput. It acts as a network abstraction layer, creating a neutral infrastructure that works across various blockchains. The main function of bloXroute is to solve the bottleneck of network throughput in blockchain. In a blockchain system, processing transactions and mining blocks can be completed quickly once all transactions are available locally. However, the challenge often lies in efficiently collecting these transactions to put into transaction pools and sharing mined blocks with the rest of the network.
Vertex (Dapp): Vertex is a decentralized exchange (DEX) protocol based on Arbitrum that provides cross-margin trading services. It integrates spot, perpetual contracts and currency market applications into one, and has become the most active derivatives platform on Arbitrum.
Wormhole Relayer (Dapp): On December 6, the cross-chain infrastructure Wormhole announced the launch of Wormhole Queries, a cross-chain instant data retrieval service, allowing application developers to extract any on-chain data on demand. Wormhole said that compared to the push model, Queries provides a latency of less than 1 second and can reduce gas fees by 84%.
4.Twitter hot discussion
ICP (Token): Internet Computer (ICP) is a decentralized blockchain network developed by the DFINITY Foundation. It aims to provide an unlimited operating environment for smart contracts and decentralized applications (dApps), running at network speeds, potentially solving the scaling problems of other blockchain networks such as Ethereum. The remarkable resurgence of the ICP community, with developer numbers and activity growing steadily over the past three years, demonstrates growing interest in and commitment to ICP projects.
5. Regional hot searches
Bitcoin (Token): Bitcoin has recently entered a high and volatile range, with the currency price operating in the 41,000-44,000 range. With Christmas approaching, trading enthusiasm has gradually declined, and the market is waiting for news on ETFs in January.
[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.
