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Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72

Bitget Research
2023/11/06
Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72

the past 24 hours, there have been many new popular tokens and topics emerging in the market, and perhaps they could be the next market spotlight.

In Summary:

1.Popular Tokens:

SATS (Token) - SATS token is a BR-20 token conceptually based on the smallest unit of Bitcoin, Satoshi, with a total supply of 21 million. Unisat officially proposed using it as the gas fee consumption token on the BRC-20 DEX. With the official launch of Unisat's BRC-20 Swap, the trading volume for SATS has increased, and the market cap has surpassed US$100 million.
ETHS (Token) - This project is a new protocol for inscribing images on Ethereum, developed by Tom Lehman, co-founder and former CEO of Genius.com. It allows the creation and sharing of digital objects on Ethereum using callable data. These objects are referred to as "Ethscriptions", a tribute to "Inscriptions".
GROK (Token) - On November 5, Elon Musk announced on Twitter that xAI's AI model Grok has been released, generating high interest. A regular tweet from the token's Twitter account garnered over 5000 views within an hour. Accounts like PEPE Army also rushed to Musk's tweet to recommend buying $GROK, indicating extreme popularity.
IO (Token) - This memecoin has surged over 2600% since its launch 9 hours ago. Its trading volume has reached US$8.5 million, with 1150 holders. The liquidity pool has surpassed US$280,000, and the contract is risk-free. 90% of the tokens are in circulation, with the LP tokens locked until January 5, 2024.
DORK (Token) - A token project launched by the NFT influencer SrPetersETH, which has garnered significant community interest. The project’s Twitter Space event saw participation from over 2000 users, and its official tweets have been retweeted by Dextools. The token currently has a 24-hour trading volume of US$5.3 million, with a market cap of US$10.71 million.
XVS (Token) - The token of the DeFi project Venus. Curve founder Michael Egorov has initiated a proposal in the Venus Protocol community on the BNB Chain to deploy the Venus Protocol on the Ethereum mainnet. The proposal suggests deploying Venus Protocol to the Ethereum mainnet, using Curve tokens crvUSD and CRV as collateral and borrowable assets. Curve will incentivize the protocol with 500,000 CRV tokens and has requested Venus to match this mining incentive with XVS, effectively doubling the rewards with an annual interest rate of 10%.
agEUR (Token) - agEUR is a stablecoin protocol by Angle Protocol that emphasizes capital efficiency, decentralization, and over-collateralization. Recently, the Angle Transmuter product underwent voting on Snapshot. If approved, agEUR's price will no longer be tied to the EURUSD exchange rate, potentially mitigating market risks associated with USDT/USDC unpegging.
ARB (Token) - The platform token of Arbitrum. According to data by Dune, the total number of transactions on the Arbitrum chain has exceeded 400 million, with over 11 million accounts created on-chain and approximately 3.75 million contracts deployed. Previously, the total number of transactions on the Arbitrum chain surpassed 200 million in mid-April of this year, marking a growth of 100% in the past six months.

2.Popular NFTs:

Winds of Yawanawa (NFT) - An NFT series co-created by the indigenous Yawanawa community of Brazil and media artist Refik Anadol. 1000 NFT paintings showcase the rich cultural style of the Yawanawa community. The project has a very high trading volume on the secondary market, with a current trading volume of 7337 ETH. The floor price is 7 ETH, with 614 unique holders.

3.Popular DApps:

Banana Gun (DApp) - The project is a Telegram Bot designed to help users trade on DEXs. It has introduced a commission feature, allowing token holders to claim respective holding rewards on its official website. Recently, it completed a token burn valued at US$200,000. The BANANA token has seen high trading activity since its issuance, and Bitget has listed the token on the spot market.
Seg Finance (DApp) - A Play2Earn project on the BSC, where users can stake their shoe NFTs or provide liquidity to earn passive BNB profits. The project is now open source, and its contract on the BSC is transparent. It has over 1500 followers on Twitter and is an essential project to stay updated on.
SecondLive (DApp) - The metaverse project SecondLive, based on BSC, is a Web3 project specifically designed for fostering virtual social networks and bolstering the creator economy. It introduces a multifaceted 3D virtual environment where participants can embody their preferred virtual avatars and indulge in various real-world activities, including virtual exhibitions, singing, dancing, and shopping. Users can also leverage the SecondLive Avatar to create content and profit from it.
TheGraph (DApp) - At the end of August, The Graph community decided to expand through Arbitrum, aiming to enhance The Graph's accessibility within the Web3 ecosystem and reduce Gas costs. With the release of new L2 transfer tools, The Graph's core development team has entered the third phase of the Arbitrum expansion. The project team recently attended an offline blockchain event in India. The project is infrastructure-focused, and it continues to develop despite the ongoing bear market. The project's token, GRT, has been listed on Bitget.
Post.Tech (DApp) - Post.Tech is an emerging SocialFi and DeFi platform based on the Arbitrum network, which is renowned for its Layer 2 scaling solutions. This platform presents a unique fusion of social media and finance, allowing users to tokenize their profiles and posts. Post.Tech also has an airdrop event, which rewards users through various activities on the platform, fostering a community-centric environment.
RAI Finance (DApp) - A DeFi project recently active on the Base chain. The protocol currently has a TVL of US$961K, a trading volume of US$1.1 million, and 50,000 users. The platform offers token exchanges, NFT trading, and sociaL trading. Users can create portfolios or effortlessly follow others' portfolios.
Odos (DApp) - The Odos Protocol stands out as the first Dex aggregator that allows users to swap multiple tokens for a single asset in one atomic transaction. This system facilitates the exchange of a basket of input tokens for the desired output in one go, saving on gas fees and mitigating market volatility.
Dmail (DApp) - Dmail is the next-generation Web3-based collaboration platform, integrating messaging, assets, storage, and workspace functionalities. The project aims to radically transform traditional email services through blockchain technology. Dmail has successfully completed its Pre-A financing round, attracting the attention of prominent investors. The funds raised will be used to advance technical development and global expansion, supporting its mission to build a decentralized email platform. Dmail seeks to bridge the gap between traditional internet users and the blockchain realm. It is an emerging decentralized email and collaboration platform developed on Dfinity.
ParaSwap (DApp) - ParaSwap is a multi-chain decentralized exchange (DEX) aggregator operating on the Ethereum blockchain, dedicated to enhancing user experience when navigating various decentralized finance (DeFi) protocols. Its ultimate goal is to facilitate liquidity flow in the decentralized market. ParaSwap's mission is to elevate DeFi participation to new heights by offering secure, intelligent, and optimized trading solutions for both individual and institutional traders, enabling them to seamlessly tap into decentralized liquidity pools.
Rhino.fi (DApp) - RhinoFi is a cross-chain bridge and multi-chain DEX aggregator that supports numerous chains, including Arbitrum Nova, Arbitrum One, BNB Smart Chain, Base, Ethereum, Linea, Manta Pacific, Optimism, Polygon, Polygon zkEVM, Scroll, opBNB, and zkSync Era. The project is currently engaged in a promotion for the Scroll ecosystem, with commendable traffic.
PancakeSwap (DApp) - PancakeSwap is set to launch Butter Finance, a decentralized meta-governance and yield enhancement platform based on the veCAKE model. The introduction of veCAKE will allow governance participants to gain proposal voting rights, fee claims, CAKE release control, and up to 3 times reward enhancement when providing liquidity on PancakeSwap.
Vertex: Endpoint (DApp) - The derivatives protocol on the Arbitrum chain, Vertex, recently announced on social media their upcoming ARB trading incentives, the protocol's native token emission plan, and an LBA token sale. According to data shared by DeFiLlama, Vertex Protocol has recently increased its TVL to US$16.08 million, with a trading volume of approximately US$13.15 million in the past 24 hours.
Dip Exchange (DApp) - Dip Exchange, a decentralized derivatives exchange, has been notably active on the Base chain recently. The project, drawing inspiration from similar derivatives exchanges like GMX, has launched its native token DIP and offers features such as staking, forming LP to provide liquidity, and a DIP Trading Pool. Currently, the project has a low volume of counterparty capital, presenting significant risks. It is advisable to keep it under observation.

4.Twitter Hot Topics:

ETH (Token) - Recently, as the overall cryptocurrency market has shown a positive trend, ETH has taken the baton from BTC. After its price peaked above US$1900 yesterday, it retraced and is currently stable within the US$1860 to US$1900 range.
ARB (Token) - As the most popular L2 project at the moment, Arbitrum's token plays a crucial role within its ecosystem. With further developments from Arbitrum on the horizon, such as the launch of Arbitrum Orbit, many Layer 2 or Layer 3 solutions based on Arbitrum can emerge in the future.

5.Regional Trending Searches:

EGLD (Token) - EGLD is the native token of the Elrond network. It achieves high throughput via a unique secure sharding mechanism, which significantly enhances network capacity and speed without sacrificing decentralization or security. With the resurgence of Solana, high-throughput Layer 1 networks have caught the attention of speculative capital, with EGLD seeing a peak increase of approximately 120% over the past seven days.

Main Body

Written by: Bitget Research
Data collection time: November 6, 10:30
Data sources: Dune, DApps, Twitter, Google
Note:
1) New active users: Refers to wallet addresses that were newly created on the chain in the past 24 hours and had interactions on the chain.
2) Existing active users: Refers to wallet addresses that were created on the chain 24 hours ago and had interactions on the chain in the past 24 hours.
3) DApp daily activity (UAW: unique active wallets)
4) TGE (Token Generation Event)

1.BTC Profile - BRC-20

Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 0
SATS (Token) - SATS token is a BR-20 token conceptually based on the smallest unit of Bitcoin, Satoshi, with a total supply of 21 million. Unisat officially proposed using it as the gas fee consumption token on the BRC-20 DEX. With the official launch of Unisat's BRC-20 Swap, the trading volume for SATS has increased, and the market cap has surpassed US$100 million.

2.Blockchain Profile - ETH Chain

2.1 User Profile

2.1.1 Core Data
Total active users on ETH: 357,740
New active users on ETH: 63,547, with a daily decrease of 2.88%
Existing active users on ETH: 294,193, with a daily increase of 0.88%
2.1.2 New User Profile
Core data: There were a total of 63,547 new active users on ETH yesterday, with a daily decrease of 2.88%
Popular Sectors
Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 1
Popular Projects
Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 2
Key Projects:
ETHS (Token) - This project is a new protocol for inscribing images on Ethereum, developed by Tom Lehman, co-founder and former CEO of Genius.com. It allows the creation and sharing of digital objects on Ethereum using callable data. These objects are referred to as "Ethscriptions", a tribute to "Inscriptions".
2.1.3 Existing User Profile
Core data: The number of ETH active existing users is 294,193, with a daily increase of 0.88%
Popular Sectors
Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 3
Popular Projects
Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 4
Key Projects:
Banana Gun (DApp) - The project is a Telegram Bot designed to help users trade on DEXs. It has introduced a commission feature, allowing token holders to claim respective holding rewards on its official website. Recently, it completed a token burn valued at US$200,000. The BANANA token has seen high trading activity since its issuance, and Bitget has listed the token on the spot market.

2.2 Popular Trading Pairs

2.2.1 Uniswap V2
Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 5
GROK (Token) - On November 5, Elon Musk announced on Twitter that xAI's AI model Grok has been released, generating high interest. A regular tweet from the token's Twitter account garnered over 5000 views within an hour. Accounts like PEPE Army also rushed to Musk's tweet to recommend buying $GROK, indicating extreme popularity. https://www.dextools.io/app/en/ether/pair-explorer/0x69c66beafb06674db41b22cfc50c34a93b8d82a2
IO (Token) - This memecoin has surged over 2600% since its launch 9 hours ago. Its trading volume has reached US$8.5 million, with 1150 holders. The liquidity pool has surpassed US$280,000, and the contract is risk-free. 90% of the tokens are in circulation, with the LP tokens locked until January 5, 2024. https://www.dextools.io/app/en/ether/pair-explorer/0x0da5b1c827c85889deac80e652e17592b865295c
2.2.2 Uniswap V3
Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 6
DORK (Token) - A token project launched by the NFT influencer SrPetersETH, which has garnered significant community interest. The project’s Twitter Space event saw participation from over 2000 users, and its official tweets have been retweeted by Dextools. The token currently has a 24-hour trading volume of US$5.3 million, with a market cap of US$10.71 million. https://www.dextools.io/app/en/ether/pair-explorer/0x537b8afa3d302e5c873922de7014d714f050af51

2.3 Popular NFTs

2.3.1 Top NFT Collections
Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 7
Winds of Yawanawa (NFT) - An NFT series co-created by the indigenous Yawanawa community of Brazil and media artist Refik Anadol. 1000 NFT paintings showcase the rich cultural style of the Yawanawa community. The project has a very high trading volume on the secondary market, with a current trading volume of 7337 ETH. The floor price is 7 ETH, with 614 unique holders. https://blur.io/collection/winds-of-yawanawa

3.Blockchain Profile - BSC

3.1 User Profile

3.1.1 Core Data
Total active users on BSC: 968,334
New active users on BSC: 116,111, with a daily increase of 12.13%
Existing active users on BSC: 852,223, with a daily increase of 3.96%
3.1.2 New User Profile
Core data: There were a total of 116,111 new active users on BSC yesterday, with a daily increase of 12.13%
Popular Sectors
Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 8
Popular Projects
Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 9
Key Projects:
Seg Finance (DApp) - A Play2Earn project on the BSC, where users can stake their shoe NFTs or provide liquidity to earn passive BNB profits. The project is now open source, and its contract on the BSC is transparent. It has over 1500 followers on Twitter and is an essential project to stay updated on.
3.1.3 Existing User Profile
Core data: The number of BSC active existing users is 852,223, with a daily increase of 3.96%
Popular Sectors
Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 10
Popular Projects
Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 11
Key Projects:
SecondLive (DApp) - The metaverse project SecondLive, based on BSC, is a Web3 project specifically designed for fostering virtual social networks and bolstering the creator economy. It introduces a multifaceted 3D virtual environment where participants can embody their preferred virtual avatars and indulge in various real-world activities, including virtual exhibitions, singing, dancing, and shopping. Users can also leverage the SecondLive Avatar to create content and profit from it.

3.2 Popular Trading Pairs

3.2.1 PancakeSwap V2
Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 12
XVS (Token) - The token of the DeFi project Venus. Curve founder Michael Egorov has initiated a proposal in the Venus Protocol community on the BNB Chain to deploy the Venus Protocol on the Ethereum mainnet. The proposal suggests deploying Venus Protocol to the Ethereum mainnet, using Curve tokens crvUSD and CRV as collateral and borrowable assets. Curve will incentivize the protocol with 500,000 CRV tokens and has requested Venus to match this mining incentive with XVS, effectively doubling the rewards with an annual interest rate of 10%.

4.Blockchain Profile - Polygon Chain

4.1 User Profile

4.1.1 Core Data
Total active users on Polygon: 364,074
New active users on Polygon: 58,849, with a daily decrease of 22.48%
Existing active users on Polygon: 305,225, with a daily decrease of 2.07%
4.1.2 New User Profile
Core data: There were a total of 58,849 new active users on Polygon yesterday, with a daily decrease of 22.48%
Popular Sectors
Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 13
Popular Projects
Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 14
Key Projects:
KCASH (Token) - Yesterday, there was a substantial number of distribution transfers on Polygon, with the current number of holders reaching 178,000 addresses. However, liquidity has not yet been deployed on the chain, making it impossible to confirm which project the token belongs to for the time being.
4.1.3 Existing User Profile
Core Data: The number of Polygon active existing users is 305,225, with a daily decrease of 2.07%
Popular Sectors
Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 15
Popular Projects
Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 16
Key Projects:
LayerZero (DApp) - LayerZero is a cross-chain protocol that facilitates communication between DApps deployed on different blockchains without the need for any intermediary chains or consensus mechanisms. LayerZero has added "ZRO withdrawal" support to its 18 existing chains.

4.2 Popular Trading Pairs

4.2.1 Uniswap V3
Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 17
agEUR (Token) - agEUR is a stablecoin protocol by Angle Protocol that emphasizes capital efficiency, decentralization, and over-collateralization. Recently, the Angle Transmuter product underwent voting on Snapshot. If approved, agEUR's price will no longer be tied to the EURUSD exchange rate, potentially mitigating market risks associated with USDT/USDC unpegging.

5.Blockchain Profile - Arbitrum Chain

5.1 User Profile

5.1.1 Core Data
Total Active Users on Arbitrum: 150,680
New Active Users on Arbitrum: 22,702, with a daily increase of 1.02%
Existing Active Users on Arbitrum: 127,978, with a daily decrease of 13.32%
5.1.2 New User Profile
Core data: There were a total of 22,702 new active users on Arbitrum yesterday, with a daily increase of 1.02%
Popular Sectors
Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 18
Popular Projects
Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 19
Key Projects:
TheGraph (DApp) - At the end of August, The Graph community decided to expand through Arbitrum, aiming to enhance The Graph's accessibility within the Web3 ecosystem and reduce Gas costs. With the release of new L2 transfer tools, The Graph's core development team has entered the third phase of the Arbitrum expansion. The project team recently attended an offline blockchain event in India. The project is infrastructure-focused, and it continues to develop despite the ongoing bear market. The project's token, GRT, has been listed on Bitget.
5.1.3 Existing User Profile
Core data: The number of Arbitrum active existing users is 127,978, with a daily decrease of 13.32%
Popular Sectors
Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 20
Popular Projects
Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 21
Key Projects:
Post.Tech (DApp) - Post.Tech is an emerging SocialFi and DeFi platform based on the Arbitrum network, which is renowned for its Layer 2 scaling solutions. This platform presents a unique fusion of social media and finance, allowing users to tokenize their profiles and posts. Post.Tech also has an airdrop event, which rewards users through various activities on the platform, fostering a community-centric environment.

5.2 Popular Trading Pairs

5.2.1 Uniswap V3
Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 22
ARB (Token) - The platform token of Arbitrum. According to data by Dune, the total number of transactions on the Arbitrum chain has exceeded 400 million, with over 11 million accounts created on-chain and approximately 3.75 million contracts deployed. Previously, the total number of transactions on the Arbitrum chain surpassed 200 million in mid-April of this year, marking a growth of 100% in the past six months.

6.Blockchain Profile - Base Chain

6.1 User Profile

6.1.1 Core Data
Total Active Users on Base: 76,588
New Active Users on Base: 19,070, with a daily increase of 84.55%
Existing Active Users on Base: 57,518, with a daily decrease of 1.48%
6.1.2 New User Profile
Core data: There were a total of 19,070 new active users on Base yesterday, with a daily increase of 84.55%
Popular Sectors
Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 23
Popular Projects
Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 24
Key Projects:
RAI Finance (DApp) - A DeFi project recently active on the Base chain. The protocol currently has a TVL of US$961K, a trading volume of US$1.1 million, and 50,000 users. The platform offers token exchanges, NFT trading, and social trading. Users can create portfolios or effortlessly follow others' portfolios.
6.1.3 Existing User Profile
Core data: The number of Base active existing users is 57,518, with a daily decrease of 1.48%
Popular Sectors
Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 25
Popular Projects
Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 26
Key Projects:
Odos (DApp) - The Odos Protocol stands out as the first Dex aggregator that allows users to swap multiple tokens for a single asset in one atomic transaction. This system facilitates the exchange of a basket of input tokens for the desired output in one go, saving on gas fees and mitigating market volatility.

7. DApp Ecosystem - All Chains

Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 27
Dmail (DApp) - Dmail is the next-generation Web3-based collaboration platform, integrating messaging, assets, storage, and workspace functionalities. The project aims to radically transform traditional email services through blockchain technology. Dmail has successfully completed its Pre-A financing round, attracting the attention of prominent investors. The funds raised will be used to advance technical development and global expansion, supporting its mission to build a decentralized email platform. Dmail seeks to bridge the gap between traditional internet users and the blockchain realm. It is an emerging decentralized email and collaboration platform developed on Dfinity.

8.DApp Ecosystem - ETH Chain

Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 28
ParaSwap (DApp) - ParaSwap is a multi-chain decentralized exchange (DEX) aggregator operating on the Ethereum blockchain, dedicated to enhancing user experience when navigating various decentralized finance (DeFi) protocols. Its ultimate goal is to facilitate liquidity flow in the decentralized market. ParaSwap's mission is to elevate DeFi participation to new heights by offering secure, intelligent, and optimized trading solutions for both individual and institutional traders, enabling them to seamlessly tap into decentralized liquidity pools.

9.DApp Ecosystem - BSC

Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 29
Nine Chronicles (DApp) - A decentralized MMORPG based on Norse mythology. Binance Labs strategically invested in this project in 2022. It has since closely collaborated with the Binance ecosystem, establishing an asset bridge to BSC and offering exclusive in-game NFT skins for the BinanceNFT market. Today, it has distributed its weekly rewards on BSC, leading to an increase in UAW.

10.DApp Ecosystem - Polygon Chain

Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 30
Planet IX (DApp) - A Web3 NFT-based GameFi game that is currently one of the most popular games on Polygon. It consistently tops the Polygon ecosystem rankings, indicating a very high level of user activity.

11.DApp Ecosystem - WAX Chain

Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 31
The WAX ecosystem shows no significant changes, with top projects clearly dominating.

12.DApp Ecosystem - Solana Chain

Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 32
The UAW fluctuations for all projects are within the normal range.

13.DApp Ecosystem - Arbitrum Chain

Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 33
WooFi (DApp) - Launched by the cryptocurrency exchange WOO as a DeFi project, it recently gained positive attention in a short period due to its plans to buy back the shares and tokens previously acquired by the hedge fund Three Arrows Capital. This move is aimed at "eliminating uncertainties."

14.DApp Ecosystem - Base Chain

Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 34
Rhino.fi (DApp) - RhinoFi is a cross-chain bridge and multi-chain DEX aggregator that supports numerous chains, including Arbitrum Nova, Arbitrum One, BNB Smart Chain, Base, Ethereum, Linea, Manta Pacific, Optimism, Polygon, Polygon zkEVM, Scroll, opBNB, and zkSync Era. The project is currently engaged in a promotion for the Scroll ecosystem, with commendable traffic.

15.DApp Ecosystem - GameFi Sector Across All Chains

Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 35
BLCR (DApp) - This card battle game consists mainly of 53 playing cards. It combines blockchain, artificial intelligence, and card battle games. Periodic battle rankings and rewards are featured in the game.

16.Gas Fee Consumption - ETH Chain

Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 36
Seaport 1.5 (DApp) - Devin Finzer, co-founder and CEO of OpenSea, recently stated that the team is repositioning around "OpenSea 2.0," a major upgrade to the product that includes foundational technology, reliability, speed, quality, and user experience.

17.Gas Fee Consumption - BSC

Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 37
PancakeSwap (DApp) - PancakeSwap is set to launch Butter Finance, a decentralized meta-governance and yield enhancement platform based on the veCAKE model. The introduction of veCAKE will allow governance participants to gain proposal voting rights, fee claims, CAKE release control, and up to 3 times reward enhancement when providing liquidity on PancakeSwap.

18.Gas Fee Consumption - Polygon Chain

Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 38
QuickSwap: Router V2 (DApp) - QuickSwap is a decentralized exchange (DEX) based on the Polygon network, inspired by and cloned from the popular Uniswap v2 on Ethereum. It allows users to swap tokens with minimal delay and at very low transaction costs. Leveraging Polygon's Layer 2 scaling solutions, QuickSwap has achieved faster transaction confirmation times and reduced network fees, aiming to address Ethereum network congestion and high transaction costs. By using liquidity pools, users can also become liquidity providers to earn transaction fees, increasing the possibility for participants to earn profits.

19.Gas Fee Consumption - Arbitrum Chain

Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 39
Vertex: Endpoint (DApp) - The derivatives protocol on the Arbitrum chain, Vertex, recently announced on social media their upcoming ARB trading incentives, the protocol's native token emission plan, and an LBA token sale. According to data shared by DeFiLlama, Vertex Protocol has recently increased its TVL to US$16.08 million, with a trading volume of approximately US$13.15 million in the past 24 hours.

20.Gas Fee Consumption - Base Chain

Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 40
Dip Exchange (DApp) - Dip Exchange, a decentralized derivatives exchange, has been notably active on the Base chain recently. The project, drawing inspiration from similar derivatives exchanges like GMX, has launched its native token DIP and offers features such as staking, forming LP to provide liquidity, and a DIP Trading Pool. Currently, the project has a low volume of counterparty capital, presenting significant risks. It is advisable to keep it under observation.

21.Twitter Trends Token Top Rank

Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 41
ETH (Token) - Recently, as the overall cryptocurrency market has shown a positive trend, ETH has taken the baton from BTC. After its price peaked above US$1900 yesterday, it retraced and is currently stable within the US$1860 to US$1900 range.
ARB (Token) - As the most popular L2 project at the moment, Arbitrum's token plays a crucial role within its ecosystem. With further developments from Arbitrum on the horizon, such as the launch of Arbitrum Orbit, many Layer 2 or Layer 3 solutions based on Arbitrum can emerge in the future.

22.Google Trends - Global

Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 42
Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 43
EGLD (Token) - EGLD is the native token of the Elrond network. It achieves high throughput via a unique secure sharding mechanism, which significantly enhances network capacity and speed without sacrificing decentralization or security. With the resurgence of Solana, high-throughput Layer 1 networks have caught the attention of speculative capital, with EGLD seeing a peak increase of approximately 120% over the past seven days.

23.Google Trends Surge - East Asia, South Asia, Southeast Asia, Hong Kong, Macau, and Taiwan

Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 44
Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 45
a) South Asia Region
India Trends: SUI, TON, QNT, XRP
Pakistan Trends: crypto boy, crypto batter, crypto calculator
b) Southeast Asia Region
Malaysia Trends: matic, xrp, bitcoin
Vietnam Trends: crypto bubbles, coinmarketcap, kingfun
c) East Asia and Hong Kong, Macau, and Taiwan
Trends: Crypto News, Crypto bubbles

24.Google Trends Surge - English-speaking Countries, Europe, CIS Region

Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 46
Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 47
a) CIS Region
Trends: Crypto Bubbles, Bybit, Crypto Exchange
b) English-speaking Countries
Australia Trends: elrond crypto, brisbane bom radar, cardano news
UK Trends: egld, avalanche, glmr, eth
USA Trends: egld, inj, osmosis
c) Europe
France Trends: multiversx, xvs, wall street memes crypto, galeon
Belgium Trends: ada, hex, neo, egld
Poland Trends: kursy walut , uniswap, crypto.com, dino
Switzerland Trends: crypto boy, binance, link, egld
Spain Trends: trias crypto, polkadot, egld

25.Google Trends Surge - Middle East, Latin America, Africa

Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 48
Bitget Research: Altcoins Surge in Value, Greed Index Climbs to New Annual High of 72 image 49
a) Africa
Nigeria Trends: crypto arbitrage, crypto tab, blockchain explorer
b) Middle East
Trends: crypto bubbles, crypto news, best crypto to invest
c) Latin America
Brazil Trends: polygon, eos, aave, radix
Argentina Trends: tradingview, xrp, icp, bitcoin

References

1. Dune Dashboard - Blockchain Profile: https://dune.com/bitgetresearch/bitgetreseach-chains-overview
2. Dune Dashboard - Gas Fee Consumption: https://dune.com/bitgetresearch/gas-overview