Bitget Research Institute: Bitcoin Cats caused FOMO on the chain, Bitget platform currency BGB continues to reach new highs

1. Popular currencies

BNSX (Token): BRC 20 Token, Bitcoin name service system, the project aims to revolutionize the Bitcoin L2 decentralized identity solution. The token has continued to surge after Mint Out. The transaction volume on the chain in the past 24 hours has been close to 100 BTC (over 4 million US dollars). The current number of currency holding addresses on the BTC chain = 4600.

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.

DIMO (Token): DIMO is using blockchain technology to empower car owners by monetizing vehicle data, while also supporting developers to create innovative mobility solutions. This approach has the potential to significantly transform the automotive and insurance industries through decentralized data ownership and usage. As the concept of DePin began to be hyped, DIMOs currency price performance was relatively outstanding.

MAGIC (Token): Treasure is a decentralized NFT ecosystem on Arbitrum. $MAGIC is the ecosystem’s native governance and utility token. Treasure’s own metaspace and NFT projects, as well as community projects and metaspace, all use $MAGIC as the default medium of exchange. For example, Treasure has built a native NFT market that allows users to trade NFT assets from the ecosystem in one place, and $MAGIC is the payment method for these NFTs. The price briefly broke above $1, and trading interest increased.

Avive (Token): Avive is a social protocol based on geographical information. Through the Proof of Networking consensus mechanism, millions of users from more than 130 countries are gathered on Avive L2. The project performed well when it was launched on the exchange yesterday.

2. Popular NFTs

Pudgy Penguins (NFT): As the best-performing NFT project in the NFT bear market last year, Pudgy Penguins is well-deserved No. 1. Most of the holders of PP are Defi OG or related practitioners in the encryption industry. The overall holder community is relatively high-quality, and the project is also continuing to develop and promote marketing.

3. Popular DAPPs

Bitcoin Cats IDO (Dapp): Bitcoin Cats is a game project released on the Bitcoin network. The IDO conducted on BakeySwap yesterday caused FOMO on the chain. The subscription amount was exceeded by 150 times. Token trading will be opened at 15:00 on the 20th. .

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.

DEFY Analytics (Dapp): DEFY is a P2E NFT mobile game built on the Polygon Layer 2 platform. The game immerses players in a metaverse that connects the virtual and real worlds, blending casual hacking gameplay, learn-to-earn elements, real-world exploration, and AR adventures.

Xai_contract (Dapp): The XAI node has been performing relatively well since December 4, and has received high attention and interaction from players on the chain. The official announced on social media that the Season 1 reward airdrop will begin soon.

Stargate (Dapp): Liquidity transfer protocol, the core project of the LayerZero ecosystem. Currently, the number of independent pledge addresses for its token STG has reached 1.1 million, and the number of pledged STG has reached more than 40 million. Using Stargate, users and Dapps can transfer native assets across multiple chains (more will be supported in the future).

Dmail (Dapp): Dmail is an email application based on Web3.0 and Dfinity technology. It integrates NFT functions and distributed storage. Each account itself is an NFT. This project aims to eliminate the differences between traditional email systems and blockchain-based email systems, thereby lowering the barriers for users and developers to participate in the crypto world. Dmail is designed to make using blockchain technology as easy and intuitive as the Internet.

Jupiter Exchange (Dapp): Solana ecological trading derivatives exchange Jupiter Exchange has announced the details of the JUP community airdrop. The total amount of JUP is 10 billion, 40% will be allocated to the community through 4 rounds of airdrops, and 10% will be allocated in this round ( 1 billion), 955,000 wallets that directly interact with Jupiter before November 2 are eligible for airdrops, and there will be airdrops for new users in the future.

NFPrompt (Dapp): NFPrompt is the first AI-driven art creation and NFT trading platform that allows users to generate works of art through text prompts and mint them into NFTs, thus giving each user the ability to become an artist and own the work on the chain. ability. The project was recently announced to be airdropped.

Wormhole (Dapp): 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

SEI (Token): The V2 version released by SEI in early December focuses on transaction functions and solves the scalability problem of L1 and L2 infrastructure. The parallel EVM of the V2 version can bring huge application scenarios and user levels. Recently, with Inscription generating a large amount of Txn and spam messages, many public chains have experienced problems of varying degrees such as downtime, and SEIs parallel EVM concept has begun to be hyped.

ALEX (Token): STX and ALEX of the BTC ecosystem have surged due to the impact of Stacks’ announcement that it will launch the Nakamoto testnet at the end of the year. ALEX is the protocol with the highest TVL on Stacks.

5. Regional hot searches

SEI (Token): The V2 version released by SEI in early December focuses on transaction functions and solves the scalability problem of L1 and L2 infrastructure. The parallel EVM of the V2 version can bring huge application scenarios and user levels. Recently, with Inscription generating a large amount of Txn and spam messages, many public chains have experienced problems of varying degrees such as downtime, and SEIs parallel EVM concept has begun to be hyped.

DATA (Token): The token of the blockchain data platform Streamr Network. After the DePIN concept of Mobile was hyped, overflow funds began to shift to mid- and long-tail DePIN-related projects, and DATA surged in a short period of time.

INJ (Token): Yesterday, Injective inscription INJS announced that it would launch the first inscription market in the Injective ecosystem. However, before the start of casting, Injective issued a warning on its official Twitter, urging users not to participate in INJS inscription. Injective noted that the INJS team was not forthcoming, charging fees during the minting process and depositing these fees into unverified wallets.

[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.