Over the past week (09.04-09.08 ), the market has seen a number of new popular currencies and topics.
1. Market Trends
The most focused topics in the market this week (09.11-09.15) are:
BANANA GUN continues to rise after reissuing its currency, FTX opposes BlockFi's bankruptcy plan
FTX receives court approval for liquidation of crypto assets, higher-than-expected US CPI in August sustains interest rate hike expectations
Traditional financial giant Franklin applies for spot BTC ETF, the market temporarily stops declining due to positive news
BTC briefly falls below $25,000, Banana Gun will reopen after the incident during token sale
FTX or sell assets to repay user funds, shitcoins break down
2. Popular Projects
The most popular projects this week (09.11-09.15) are:
ORDI (Token): At the recent Singapore token 2049 conference, Domo announced the establishment of the Layer 1 Foundation, aiming to promote decentralized indexing and governance. Unisat wallet has released brc 20-swap details, which will combine the inscription virtual machine and the Lightning Network. As the head project of BRC 20, ORDI has rebounded more than 15% in the past 3 days, with a 24-hour trading volume of $11 million;
шайлушай (Token): In Russian, the token is called Real Smurf Cat, and in English it is called Shailushai. It is a blue creature that looks like a mix of a cat, Smurf, and mushroom. It has high popularity in the English community and is suspected to be arranged by Pepedev. Its current market value has reached $3 million with a 24-hour trading volume of $7.76 million;
RICKY (Token): Ricky Morty's meme coin. Ricky Morty is an American adult animated science fiction sitcom created for nighttime programming. The project has gained high popularity after its launch, with a market value of $1 million and a 24-hour trading volume of $1.8 million;
OSMO (Token): A new Telegram Bot project with a total market value under $2 million. It currently has features such as Bridge Swap, Token Creation, and Mev Blocker. The user base of this bot exceeded 9k over the weekend and continues to grow. The recent Banana Gun token issuance event caused the price of OSMO to rise. Telegram Bot has received significant attention in the race track;
Sugartown Oras (NFT): The first Sugartown series from Zynga Web3 Gaming, Oras is a collection of 9,999 unique creatures from another dimension. Oras creatures enter Sugartown through cracks in the space-time continuum, accidentally created by three farm friends during game development; The NFT is currently ranking first on the Opensea new project list, with a 24-hour trading volume of 667 ETH and 2,929 holding addresses;
Avive Profile NFT (NFT): The purpose of the Avive world project is to create a metaverse social network. Holding this profile NFT can receive vv token airdrops. It has just completed the NFT Free Mint Event and currently has over 95,000 holding addresses on the chain, with over 700K Twitter followers;
Friend.Tech (Dapp): There are rumors in the community that Friend.Tech's financing has been closed and VCs are no longer able to invest. It is believed that obtaining future tokens can only be done through protocol interaction. Recent data shows a significant increase, with TVL surpassing $30 million, ranking third in protocol fees in the past 24 hours, second only to Ethereum and Lido, with total fees exceeding 5,000 ETH;
Banana Gun Router (Dapp): Yesterday, Banana Gun completed the distribution of 740 ETH, and the project is expected to go online with a new token soon. The project has a strong intention to operate and has a high level of community attention. There may be a good wealth effect after the new token goes online, worth continuous attention;
The Graph (Dapp): The Graph is a decentralized data indexing and query platform that expanded to Arbitrum in February of this year. On Thursday, September 14, at 1 pm Eastern time, members of The Graph community will live stream their story of expanding to Layer 2 at X Space."Scaling The Graph on L2";
3. Hot Searches
This week's (09.11-09.15) most popular topics are:
JPEX (CEX): On September 13th, the Hong Kong Securities and Futures Commission issued a warning that JPEX cryptocurrency exchange may face criminal liability for not being registered and marketing to the Hong Kong public. It was also pointed out that JPEX charges up to 20% for its services, suggesting significant risks. After receiving the warning from the Hong Kong Securities and Futures Commission, JPEX cryptocurrency exchange started increasing withdrawal fees, up to a maximum of 980 USDT, with a withdrawal limit of 1000 U. The Hong Kong Securities and Futures Commission stated that they have referred the case to the police for further investigation in response to media inquiries;
GALA (Token): Gala Games has been reported to have two co-founders suing each other, involving a dispute over GALA assets worth over 700 million USD. On the other hand, Gala announced that it will fully migrate the Gala platform to GalaChain by the end of the year and simplify the user experience and development tools to provide comprehensive self-service for external teams before the end of the year. The price is currently in a consolidation phase at a low level after hitting a recent all-time low;
APE (Token): Over the past few days, ApeCoin DAO has initiated the fourth batch of staking rewards for the first year. From September 12, 2023, to December 10, 2023, ApeCoin DAO will distribute 1500 APE tokens to stakers. The continuous inflation will lead to token price dilution. An early whale who obtained 5 million APE tokens from Apecoin Treasury transferred 2.6 million APE tokens to OKX, suspected of selling;
Polygon (Dapp): Polygon Labs recently released three proposals regarding the upgrade to Polygon 2.0 and the migration of POL tokens. PIP-17 "Phase 0" ensures that end users and developers do not need to take any actions regarding the existing Polygon PoS and Polygon zkEVM chains during the upgrade. PIP-18 proposes the implementation of POL tokens to replace the existing.MATIC token serves as the native gas and staking asset for the Polygon ecosystem. PIP-19 requires upgrading the native Gas token on Polygon PoS from MATIC to POL to ensure maximum backward compatibility. TWT (Token): On September 11th, it was reported that when asked which exchanges CZ likes besides Binance, CZ replied, "I only use Binance or PancakeSwap. In fact, I'm not sure what backend TrustWallet uses. I also use TrustWallet." The price of TWT experienced a brief surge followed by a drop. [Disclaimer]: The market carries risks, and investments should be made with caution. This article does not constitute investment advice, and users should consider whether any opinions, views, or conclusions in this article align with their specific circumstances. Investing based on this information is done at one's own responsibility.


