In the past week (8/21-8/25), many new popular currencies and topics appeared in the market.

1.Market Trends

This week (08.21-08.25) the focus topic that the market pays most attention to is:

• Team shipments caused PEPE to plummet, and the U.S. dollar index reached a new high

• The market is in the recovery period after the decline, Tornado Lianchuang was arrested

• EigenLayer’s opening of the third phase of purchase triggers a surge in gas on the chain, and the Balancer V2 fund pool vulnerability affects multiple protocols

• Market volatility is extremely low, and NFT continues to weaken, putting a large number of blue chips at risk of being liquidated

• Friend.tech Receives Investment from Paradigm, Base Ecosystem Continues to Be Active

2.Popular Projects

The most popular projects this week (08.21-08.25) are:

SHIA（Token）：Project founder Carlos is the founder and CEO of the well-known e-sports club G2 Esports. G2 has a huge influence in the industry, and Carlos himself also has a very strong appeal. The project is about to release a series of remastered Sega classic games, such as Temple Escape and Candy. Legend, Fruit Ninja, Pac-Man, etc. have all been replaced by SHIBA characters and PE gameplay has been added. The current liquidity on the token chain is 3.16 million US dollars, and the transaction volume in the past 24 hours is 20 million US dollars;

USDC（Token）：Coinbase announced that it will invest in Circle. With the support of Coinbase, USDC will be launched on 6 new chains through the Noble network, namely Polygon PoS, Base, Polkadot, NEAR, Optimism and Cosmos; this is also its future stable currency. Cross-chain services provide the foundation;

PENDLE（Token）：Binance Labs announced its investment in Pendle Finance, the DeFi yield protocol. The PENDLE token briefly shot up 20% and then fell back. In the previous week, the Pendle Ecological Fund transferred 5.02 million PENDLE to Binance, which was approximately US$2.98 million;

WHEE（Token）：For the meme token of brc 20, KOL @markjeffrey, a 53,500 Twitter fan, called for orders and bought them many times, with a transaction volume of 11,000 US dollars; the EVM cross-chain bridge Multibit Bridge was recently launched, and the first batch supports ORDI, OXBT, and WHEE cross-chain. It has a certain heat-increasing effect;

DMX（NFT）：A free RPG game based on the Dimension

Eigenworlds（NFT）：The latest NFT series released by Eigenlayer may be used as Eigenlayers core operating identity certificate in the future. Because the project is Free Mints NFT, users only need to pay the Gas Fee to obtain the corresponding NFT. Eigenlayer is a potential dark horse project of LSDFi in the future. It is recommended to participate. .

Coinbase（Dapp）：Based on recent reviews, Coinbase will delist BarnBridge (BOND), DerivaDAO (DDX), Jupiter (JUP), Multichain (MULTI), Ooki (Ooki) and Voyager (VGX) at approximately 16:00 on September 6, 2023, some Altcoins with poor operating conditions and trading volume will face greater risks in a bear market;

Friendtech（Dapp）：Today, friend.tech platform user account Keys price ranks in the top five: platform founder Racer ranks first with a price of 2.65225 ETH; crypto trader L ranks second with a price of 1.93600 ETH; crypto KOL Hsaka ranks third with a price of 1.66056 ETH; Crypto KOL Cobie temporarily ranks fourth with a price of 1.62006 ETH; NDV Lianchuang Christian 2022.mid ranks fifth with a price of 1.50156 ETH;

Base（Dapp）：On August 15, Bases 7-day moving average daily trading volume reached 610,000 transactions, surpassing Optimism and Arbitrum (Optimism was 597,000 transactions and Arbitrum was 576,000 transactions);

3. Hot Searches

The most popular topics this week (08.21-08.25) are:

Shib（Token）：Since the traffic after the launch of Shibarium exceeded expectations, the network entered fail-safe mode and stopped operating to ensure the safety of funds. SHIB tokens were expected to materialize and fall. We will pay attention to the normal opening hours of the ecosystem and the outbreak of hot projects in the ecosystem. Shib ecological tokens SHIB, BONE, LEASH and other tokens are open for trading in the Bitget Shibarium zone.

PYUSD（Token）：On August 19, the issuance of PYUSD, the US dollar stable currency launched by PayPal, exceeded 30 million; Kraken launched the US dollar and euro trading pairs of PYUSD on August 22;

ARKM（Token）：Recently, blockchain security incidents have occurred frequently. As an on-chain data analysis tool, Arkham can reveal some potential risks and the whereabouts of funds at the first time, gaining greater exposure. For example, on August 20, Arkham tweeted that: BNB Bridge attackers still have more than $124 million in debt, and BNB can be liquidated again when it falls to $211;

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 [Arbitrum Ecology], [AI Ecology], [SHIB Ecology] and other early value assets of many popular sectors, and created better wealth for Bitget global users through in-depth research driven by data effect.

[Disclaimer] There are risks in the market, and investment needs to be cautious. This article does not constitute investment advice, and users should consider whether any opinions, views or conclusions in this article are suitable for their particular situation. Invest accordingly and do so at your own risk.