Bitget Research: Bitcoin Falls Below US$41,000, Crypto Market Awaits FOMC Interest Rate Decision

In the past 24 hours, many new popular tokens and topics have emerged in the d4b2a5cc-ed67-4390-bc12-6f4a6c4c8caa, and perhaps they will be the next focus of the market.

In Summary:

1.Popular Tokens:

SATS (Token) - Influenced by the Binance listing, SATS experienced a notable short-term surge, peaking at an increase of 127%, with its on-chain 24-hour trading volume reaching US$21.85 million. Concurrently, Unisat announced that it would use SATS as the functional token for brc20-swap, making it the first functional token in the BRC-20 sector.

PoWERC20 (Token) - The project, which distributes ERC-20 tokens through PoW mining, initiated trading with on-chain liquidity deployment yesterday. Given the relatively low liquidity, cautious participation is recommended for users.

MUBI (Token) - MUBI is the native protocol token of the Multibit, a BRC20-ERC20 cross-chain bridge project. With the growing popularity of the BRC-20 ecosystem, the hype has also spread to Ethereum. Multibit enables users to cross-chain BRC-20 tokens from the Bitcoin Network to the Ethereum Network to engage in the corresponding DeFi ecosystem. This distinctive functionality has garnered considerable market attention and speculation.

BEAM (Token) - $BEAM serves as the native cryptocurrency of the Beam Network, a gaming network authorized by the Merit Circle DAO. Following a brand upgrade, the token price has shown a sustained increase. The project has introduced its network recently and plans to expand its ecosystem, focusing on gaming in the near future.

ARB (Token) - ARB is the native token of the Arbitrum Network. With the upcoming Cancun upgrade of the Ethereum Network, significant investment has flowed into the hype surrounding Layer 2 tokens. As a leading Layer 2 token, Arbitrum is considered a key player in this hype.

2.Popular NFTs:

Bitcoin Frogs (NFT) - This project is a popular Ordinals NFT series. Yesterday, with the pullback in the BRC-20 tokens, the price of these NFTs was also hyped, resulting in notably active trading volumes.

Smart Cats (NFT) - Recently launched by SmartLayer, this NFT project has gained considerable on-chain popularity. Currently, it has 880,000 holders.

MATR1X KUKU (NFT) - MATR1X FIRE is a metaverse mobile shooting game with a Cyberpunk art style. KUKU is the NFT of the MATR1X platform. KUKU holders can enjoy profit-sharing and other benefits of the Matr1x creators' ecosystem. There are 1893 holders of this NFT, with a floor price of 2.57 ETH.

3.Popular DApps:

Linea - ZkEvmV2 (DApp) - According to Dune Analytics, the Linea mainnet has bridged 262,996 ETH, with transaction counts reaching 722,144 and the number of interacting addresses totaling 392,345.

Port3_aggregator (DApp) - Port3 is a blockchain project designed to become a Web3 social data gateway. It provides open data services by aggregating Web2 and Web3 data. Port3 is structured around three fundamental modules: data collection, data reading, and data application. These modules are integral in aggregating various types of information, including community dynamics, social media trends, and on-chain transaction data. It aggregates data through DAO tools and displays the results on its SoGraph.xyz page, including community trends and market movements. The Port3 protocol forms the basis of its open and collaborative data layer, allowing data providers to control their data, earn rewards for providing data, and protect their privacy. Port3 facilitates the rapid migration of Web2 users and data to Web3 and is committed to achieving secure and efficient social data aggregation.

Trader Joe (DApp) - Trader Joe is a decentralized exchange (DEX) operating on the Avalanche/Arbitrum blockchain. It is not only a DEX but also offers staking, lending, liquidity pools, NFTs, farming, and a launchpad platform. Trader Joe recently introduced a V2.1 upgrade, enhancing its liquidity ledger model and introducing new features like automated pools. As a decentralized cryptocurrency exchange, Trader Joe provides a range of services, including token exchanges through an automated market maker (AMM), staking its native token JOE, yield farming, lending, liquidity pools, leveraged trading, an NFT marketplace, and launchpad platform.

Stargate (DApp) - Stargate has officially launched on the Base chain, providing a comprehensive cross-chain service experience.

QuestN (DApp) - QuestN is a Web3 task certification platform specifically designed for long-tail B2B clients. Unlike mainstream task certification platforms in the same field, such as RabbitHole and Galxe, QuestN has had no barriers to entry since its launch, allowing B2B clients of various sizes to publish tasks through the platform. QuestN is touted as a "Do-to-Earn" platform, where projects must first fund a liquidity pool for task rewards. Users, upon completing specified tasks, will be able to receive payments from these pools.

Yuliverse (DApp) - Yuliverse is a free-to-play blockchain metaverse game that combines GameFi and SocialFi elements, utilizing NFTs and the cryptocurrencies ARG and ART. Designed to enhance social interaction and engagement, it allows players to explore the real world and build connections. Yuliverse's game mechanics, featuring money-earning elements, deliver a distinct gaming experience to players.

Raydium (DApp) - Raydium is a decentralized exchange (DEX) based on the Solana blockchain, utilizing the Automated Market Maker (AMM) model. It is characterized by its high speed and low cost, and its integration with the Serum DEX enhances trading depth and liquidity. Raydium supports token trading and also offers liquidity pools, OTC trading, and new project launches. Recently, with the recovery of the Solana ecosystem, Raydium, as a leading DEX on Solana, has attracted significant speculative capital.

Vertex (DApp) - Vertex is a decentralized exchange (DEX) protocol based on Arbitrum, offering cross-margin trading services. It integrates spot, perpetual contracts, and money markets into one application. It is currently the most active derivatives platform on Arbitrum.

Wormhole (DApp) - On December 6, the cross-chain infrastructure Wormhole announced the launch of Wormhole Queries, a cross-chain instant data retrieval service. This service enables application developers to extract any on-chain data on demand. Wormhole indicates that compared to the push model, Queries offers less than 1-second latency and can reduce gas fees by 84%.

4.Twitter Hot Topics:

SOL (Token) - Recently, Solana Network's TVL rose to around US$900 million, with multiple protocols also showing significant growth in TVL. The airdrops by ecosystem projects are creating a strong wealth effect. The SOL token surged for several days before experiencing a pullback, dropping from a high of US$77 to US$65.

AVAX (Token) - Avalanche has been rising along with the broader market, showing a strong price trend. Its value nearly doubled in a single month, reaching over US$40 before pulling back with the market. It is currently priced at US$35.

5.Regional Trending Searches:

SATS (BRC-20 Token) - Following Binance's announcement of listing SATS yesterday, the token's value saw a substantial rise, doubling in price amid intense fluctuations. This event also triggered heightened trading activity and intense price volatility for other BRC-20 tokens, including ORDI and RATS.

Main Body

Written by: Bitget Research

Data collection time: December 13, 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)

5) In this report, the term "Entity" refers to both Contract Account (CA) and Ethereum Original Account (EOA), and is not a result of the aggregation of actual entity addresses.

1.BTC Profile - BRC-20

SATS (Token) - Influenced by the Binance listing, SATS experienced a notable short-term surge, peaking at an increase of 127%, with its on-chain 24-hour trading volume reaching US$21.85 million. Concurrently, Unisat announced that it would use SATS as the functional token for brc20-swap, making it the first functional token in the BRC-20 sector.

2.Blockchain Profile - ETH Chain

2.1 User Profile

2.1.1 Core Data

Total active users on ETH: 409,989

New active users on ETH: 81,016, with a daily increase of 0.27%

Existing active users on ETH: 328,973, with a daily decrease of 0.02%

2.1.2 New User Profile

Core data: There were a total of 81,016 new active users on ETH yesterday, with a daily increase of 0.27%

Popular Sectors

Popular Projects

Key Projects:

PoWERC20 (Token) - The project, which distributes ERC-20 tokens through PoW mining, initiated trading with on-chain liquidity deployment yesterday. Given the relatively low liquidity, cautious participation is recommended for users.

2.1.3 Existing User Profile

Core data: The number of ETH active existing users is 328,973, with a daily decrease of 0.02%

Popular Sectors

Popular Projects

Key Projects:

Linea - ZkEvmV2 (DApp) - According to Dune Analytics, the Linea mainnet has bridged 262,996 ETH, with transaction counts reaching 722,144 and the number of interacting addresses totaling 392,345.

2.2 Popular Trading Pairs

2.2.1 Uniswap V2

BEAM (Token) - $BEAM serves as the native cryptocurrency of the Beam Network, a gaming network authorized by the Merit Circle DAO. Following a brand upgrade, the token price has shown a sustained increase. The project has introduced its network recently and plans to expand its ecosystem, focusing on gaming in the near future.

2.2.2 Uniswap V3

MUBI (Token) - MUBI is the native protocol token of the Multibit, a BRC20-ERC20 cross-chain bridge project. With the growing popularity of the BRC-20 ecosystem, the hype has also spread to Ethereum. Multibit enables users to cross-chain BRC-20 tokens from the Bitcoin Network to the Ethereum Network to engage in the corresponding DeFi ecosystem. This distinctive functionality has garnered considerable market attention and speculation.

2.3 Popular NFTs

2.3.1 Top NFT Collections

Bitcoin Frogs (NFT) - This project is a popular Ordinals NFT series. Yesterday, with the pullback in the BRC-20 tokens, the price of these NFTs was also hyped, resulting in notably active trading volumes.

3.Blockchain Profile - BSC

3.1 User Profile

3.1.1 Core Data

Total active users on BSC: 1,042,841

New active users on BSC: 180,506, with a daily decrease of 1.19%

Existing active users on BSC: 862,335, with a daily increase of 0.26%

3.1.2 New User Profile

Core data: There were a total of 180,506 new active users on BSC yesterday, with a daily decrease of 1.19%

Popular Sectors

Popular Projects

Key Projects:

TinyTap Game Events Contract (DApp) - TinyTap is a vast library of games created by educators. Now under the umbrella of Animoca Brands, the project is dedicated to forging an open, blockchain-driven educational ecosystem. Animoca Brands has announced plans to purchase additional EDU tokens from the open market. Binance Labs invested US$3.15 million in the Web3 education protocol Open Campus, bringing a significant level of traffic to the Web3 education sector.

3.1.3 Existing User Profile

Core data: The number of BSC active existing users is 862,335, with a daily increase of 0.26%

Popular Sectors

Popular Projects

Key Projects:

Port3_aggregator (DApp) - Port3 is a blockchain project designed to become a Web3 social data gateway. It provides open data services by aggregating Web2 and Web3 data. Port3 is structured around three fundamental modules: data collection, data reading, and data application. These modules are integral in aggregating various types of information, including community dynamics, social media trends, and on-chain transaction data. It aggregates data through DAO tools and displays the results on its SoGraph.xyz page, including community trends and market movements. The Port3 protocol forms the basis of its open and collaborative data layer, allowing data providers to control their data, earn rewards for providing data, and protect their privacy. Port3 facilitates the rapid migration of Web2 users and data to Web3 and is committed to achieving secure and efficient social data aggregation.

3.2 Popular Trading Pairs

3.2.1 PancakeSwap V2

BabyBonk (Token) - BabyBonk is a replica of the popular Solana Network memecoin, Bonk. It has a significant trading volume on the BSC. Participants are advised to proceed with caution.

4.Blockchain Profile - Polygon Chain

4.1 User Profile

4.1.1 Core Data

Total active users on Polygon: 444,462

New active users on Polygon: 83,742, with a daily increase of 24.72%

Existing active users on Polygon: 360,720, with a daily increase of 3.57%

4.1.2 New User Profile

Core data: There were a total of 83,742 new active users on Polygon yesterday, with a daily increase of 24.72%

Popular Sectors

Popular Projects

Key Projects:

New users on Polygon are participating in inscription projects.

4.1.3 Existing User Profile

Core Data: The number of Polygon active existing users is 360,720, with a daily increase of 3.57%

Popular Sectors

Popular Projects

Key Projects:

Smart Cats (NFT) - Recently launched by SmartLayer, this NFT project has gained considerable on-chain popularity. Currently, it has 880,000 holders.

4.2 Popular Trading Pairs

4.2.1 Uniswap V3

RNDR (Token) - Render Network (RNDR) is a decentralized global rendering platform designed to meet the growing demand for GPU computing power in modern media production. It primarily connects content creators lacking computing power with GPU providers who have excess capacity, utilizing unused GPU cycles. As a project supported by blockchain and crypto technology, RNDR enables individuals to contribute their unused GPU capabilities to assist in rendering dynamic graphics and visual effects, and in return, users are rewarded with RNDR tokens.

5.Blockchain Profile - Arbitrum Chain

5.1 User Profile

5.1.1 Core Data

Total Active Users on Arbitrum: 165,218

New Active Users on Arbitrum: 30,215, with a daily increase of 11.35%

Existing Active Users on Arbitrum: 135,003, with a daily increase of 7.92%

5.1.2 New User Profile

Core data: There were a total of 30,215 new active users on Arbitrum yesterday, with a daily increase of 11.35%

Popular Sectors

Popular Projects

Key Projects:

ARB (Token) - ARB is the native token of the Arbitrum Network. With the upcoming Cancun upgrade of the Ethereum Network, significant investment has flowed into the hype surrounding Layer 2 tokens. As a leading Layer 2 token, Arbitrum is considered a key player in this hype.

5.1.3 Existing User Profile

Core data: The number of Arbitrum active existing users is 135,003, with a daily increase of 7.92%

Popular Sectors

Popular Projects

Key Projects:

Trader Joe (DApp) - Trader Joe is a decentralized exchange (DEX) operating on the Avalanche/Arbitrum blockchain. It is not only a DEX but also offers staking, lending, liquidity pools, NFTs, farming, and a launchpad platform. Trader Joe recently introduced a V2.1 upgrade, enhancing its liquidity ledger model and introducing new features like automated pools. As a decentralized cryptocurrency exchange, Trader Joe provides a range of services, including token exchanges through an automated market maker (AMM), staking its native token JOE, yield farming, lending, liquidity pools, leveraged trading, an NFT marketplace, and launchpad platform.

5.2 Popular Trading Pairs

5.2.1 Uniswap V3

RDNT (Token) - Radiant Capital (RDNT) is a cross-chain lending protocol built on LayerZero. RDNT is the native token of this project, primarily used for governance. Token holders can create and vote on decisions as well as discuss protocol improvements. Radiant Capital aims to become the first full-chain money market, where users can deposit any major asset on any major chain and borrow various supported assets across multiple chains. Its ambitious goal is to integrate approximately US$22 billion in liquidity scattered across the top ten alternative layers, to achieve a more unified and efficient DeFi ecosystem.

6.Blockchain Profile - Base Chain

6.1 User Profile

6.1.1 Core Data

Total Active Users on Base: 61,510

New Active Users on Base: 11,391, with a daily increase of 0.92%

Existing Active Users on Base: 50,119, with a daily increase of 2.39%

6.1.2 New User Profile

Core data: There were a total of 11,391 new active users on Base yesterday, with a daily increase of 0.92%

Popular Sectors

Popular Projects

Key Projects:

Stargate (DApp) - Stargate has officially launched on the Base chain, providing a comprehensive cross-chain service experience.

6.1.3 Existing User Profile

Core data: The number of Base active existing users is 50,119, with a daily increase of 2.39%

Popular Sectors

Popular Projects

Key Projects:

Lz_google_oracle (DApp) - An oracle contract deployed jointly by LayerZero and Google Cloud. The specific use of the contract is currently unclear.

7. DApp Ecosystem - All Chains

KAI-CHING (DApp) - A Web3 shopping website on the Near chain. According to data statistics, it currently has a high number of weekly active users.

8.DApp Ecosystem - ETH Chain

Blur (DApp) - BLUR, in collaboration with Blast, has developed Blur Season 3. 50% of the rewards from Season 3 will be distributed to $BLUR holders. Depositing $BLUR earns holder points, which are awarded hourly based on the amount of $BLUR deposited. The token experienced a significant pullback following its recent listing on Binance.

9.DApp Ecosystem - BSC

QuestN (DApp) - QuestN is a Web3 task certification platform specifically designed for long-tail B2B clients. Unlike mainstream task certification platforms in the same field, such as RabbitHole and Galxe, QuestN has had no barriers to entry since its launch, allowing B2B clients of various sizes to publish tasks through the platform. QuestN is touted as a "Do-to-Earn" platform, where projects must first fund a liquidity pool for task rewards. Users, upon completing specified tasks, will be able to receive payments from these pools.

10.DApp Ecosystem - Polygon Chain

Yuliverse (DApp) - Yuliverse is a free-to-play blockchain metaverse game that combines GameFi and SocialFi elements, utilizing NFTs and the cryptocurrencies ARG and ART. Designed to enhance social interaction and engagement, it allows players to explore the real world and build connections. Yuliverse's game mechanics, featuring money-earning elements, deliver a distinct gaming experience to players.

11.DApp Ecosystem - Solana Chain

Raydium (DApp) - Raydium is a decentralized exchange (DEX) based on the Solana blockchain, utilizing the Automated Market Maker (AMM) model. It is characterized by its high speed and low cost, and its integration with the Serum DEX enhances trading depth and liquidity. Raydium supports token trading and also offers liquidity pools, OTC trading, and new project launches. Recently, with the recovery of the Solana ecosystem, Raydium, as a leading DEX on Solana, has attracted significant speculative capital.

12.DApp Ecosystem - Arbitrum Chain

Radiant (DApp) - Radiant Capital (RDNT) is a cross-chain lending protocol built on LayerZero. RDNT is the native token of this project, primarily used for governance. Token holders can create and vote on decisions as well as discuss protocol improvements. Radiant Capital aims to become the first full-chain money market, where users can deposit any major asset on any major chain and borrow various supported assets across multiple chains. Its ambitious goal is to integrate approximately US$22 billion in liquidity scattered across the top ten alternative layers, to achieve a more unified and efficient DeFi ecosystem.

13.DApp Ecosystem - Base Chain

Stargate (DApp) - Stargate has officially launched on the Base chain, providing a better cross-chain experience.

14.DApp Ecosystem - GameFi Sector Across All Chains

Sweat Economy (DApp) - A traditional Web2 project that has transitioned to a Web3 wallet and a "Move to Earn" project, with currently 5 million downloads on Google Play. Users can earn SWEAT tokens through its Sweat Wallet application by engaging in daily physical activities.

15.Gas Fee Consumption - ETH Chain

MATR1X KUKU (NFT) - MATR1X FIRE is a metaverse mobile shooting game with a Cyberpunk art style. KUKU is the NFT of the MATR1X platform. KUKU holders can enjoy profit-sharing and other benefits of the Matr1x creators' ecosystem. There are 1893 holders of this NFT, with a floor price of 2.57 ETH. https://opensea.io/collection/matr1x-kuku

16.Gas Fee Consumption - BSC

PancakeSwap (DApp) - PancakeSwap is a decentralized exchange based on the BSC. Recently, it has significantly increased its trading volume and doubled its market share with the launch of its V3 version. PancakeSwap V3 brings numerous improvements, including increased capital efficiency, reduced trader fees, enhanced rewards for liquidity providers, and an improved user experience. It has also ventured into blockchain gaming, introduced fiat channels, and expanded its Yield Farming. PancakeSwap recently announced the burning of 8,808,741 CAKE tokens, valued at approximately US$21 million.

17.Gas Fee Consumption - Polygon Chain

Port3 (DApp) - Social data gateway Port3 Network announced that the cumulative trading volume for its BQL trading mining has exceeded US$100 million, with fee revenues reaching US$500,000. BQL trading mining is an event hosted by Port3 Network, where users can participate in an 80% cash reward pool of transaction fees and a total of 350 million Gemstone rewards by running BQL scripts to execute trades.

18.Gas Fee Consumption - Arbitrum Chain

Vertex (DApp) - Vertex is a decentralized exchange (DEX) protocol based on Arbitrum, offering cross-margin trading services. It integrates spot, perpetual contracts, and money markets into one application. It is currently the most active derivatives platform on Arbitrum.

19.Gas Fee Consumption - Base Chain

Wormhole (DApp) - On December 6, the cross-chain infrastructure Wormhole announced the launch of Wormhole Queries, a cross-chain instant data retrieval service. This service enables application developers to extract any on-chain data on demand. Wormhole indicates that compared to the push model, Queries offers less than 1-second latency and can reduce gas fees by 84%.

20.Top Trending Tokens on Twitter

SOL (Token) - Recently, Solana Network's TVL rose to around US$900 million, with multiple protocols also showing significant growth in TVL. The airdrops by ecosystem projects are creating a strong wealth effect. The SOL token surged for several days before experiencing a pullback, dropping from a high of US$77 to US$65.

AVAX (Token) - Avalanche has been rising along with the broader market, showing a strong price trend. Its value nearly doubled in a single month, reaching over US$40 before pulling back with the market. It is currently priced at US$35.

21.Google Trends - Global

SATS (BRC-20 Token) - Following Binance's announcement of listing SATS yesterday, the token's value saw a substantial rise, doubling in price amid intense fluctuations. This event also triggered heightened trading activity and intense price volatility for other BRC-20 tokens, including ORDI and RATS.

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

a) South Asia Region

India Trends: SATS, EOS

b) Southeast Asia Region

Malaysia Trends: AVAX, MATIC

Philippines Trends: AVAX, KAS

Singapore Trends: MATIC, GEMINI, AVAX

Indonesia Trends: GALA, AMP

c) East Asia

Japan Trends: CSPR

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

a) CIS Region

No remarkable trends

b) English-speaking Countries

Australia Trends: AAVE, SATS, LCX, KAS

UK Trends: ATOM, KDA, TIA, KUJI

USA Trends: SATS, QUBIC

Canada Trends: SATS, OP, RNDR, MYRIA

c) Europe

France Trends: XNO, SATS, TRX, OSMO, COQ, SATS, WOO

Poland Trends: AVAX, ATOM, SATS, TRX

Switzerland Trends: SATS, TIA, ORDI, BONK

Turkey Trends: AVAX, LTC, crypto wodl

Germany Trends: JASMY, SATS, BEAM

Italy Trends: CRO, FLOKI, ICP, ACE, SATS, SOL

Spain Trends: BEAM, ATOM, ALU, SATS, NEXO

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

a) Africa

South Africa Trends: AVAX, KAS, PEPE, ADA, ETH, XRP

b) Middle East

No remarkable trends

c) Latin America

Brazil Trends: XEN, BONK, VET, SATS, XLM, AVAX, PEPE, TIA

Argentina Trends: CAKE, SATS, AVAX, XRP, PEPE

Mexico Trends: BONK, ICP, ULX, AAVE, AVAX

Reference Links

1. Dune On-Chain Data Dashboard - Blockchain Profile: https://dune.com/bitgetresearch/bitgetreseach-chains-overview

2. Dune On-Chain Data Dashboard - Gas Consumption: https://dune.com/bitgetresearch/gas-overview