Bitget Research: Overall Crypto Market Pullback, Memecoins Dominate Ethereum Chain Transaction List

In Summary:

1.Popular Tokens:

PEPE (Token) — A memecoin featuring a sad frog on its logo, currently the hottest memecoin on the market with a daily on-chain trading volume of over US$100 million and dominating community discussions. During the market pullback yesterday, it rose to a new high against the trend. According to some blockchain data analysts, some early holders earned millions with an investment of less than 1 ETH, with gains up to 1000x. Users should be aware of the risks involved in participating. Currently, the token is available for trading on Bitget.

WOJAK (Token) — The MEME coin, which is closely associated with the Pepe the Frog meme and features powerful human meme imagery, has a 24-hour trading volume of $22 million and a market cap of $9.17 million on the token chain. It is currently in high demand, with Bitget offering to trade for the coin.

RUGame Labs (RUG) — A community memecoin with RUG as its theme name. The project was launched yesterday and has 22,000 Twitter followers but no KOL attention. The token liquidity is 440,000, and the price has seen a 120x increase from the bottom. Its 24-hour trading volume is US$1.38 million.

APED (Token) — An ape-themed memecoin. The community’s interest is high, with several KOL discussions. Its 24-hour trading volume is US$20 million, and its market cap is US$7.4 million. The price fluctuates at a high level.

CHAD (Token) — CHAD is positioned as an elite memecoin and has some association with PEPE and WOJAK. Its 24-hour trading volume is US$12.47 million, with a market cap of US$2.66 million.

BABYPEPE (Token) — A PEPE replica memecoin imitating the Babydoge model. Its current market cap is US$5.33 million, with a 24-hour trading volume of US$7.89 million. With only 600 Twitter followers, its overall marketing level is lower than that of PEPE and WOJAK, and the price has increased too much in the short term. Users should be aware of the risks involved.

SUIBG (Token), SUI Futures Bitget — BitKeep and Bitget jointly launched an airdrop of a futures token called SUIBG (SUI Futures Token), which will serve as a credential for the native token SUI after the Sui Network mainnet is launched in the future. According to information from BitKeep’s Twitter, the exchange rate for SUIBG and SUI is 10:1. The SUI token has a public offering price of US$0.1/SUI, and users can earn up to 1000+ free SUIBG by completing BitKeep-related tasks, which can be exchanged for 100+ $SUI token rewards after the launch of SUI (campaign ends on April 24).

XEN (Token) — On April 18th, the bidding activity for XENKnights officially began. XENKnights is an experimental collection of only 100 unique art pieces inscribed on satoshis on the Bitcoin blockchain. A total of 100 XENKnight ordinals will be auctioned to the highest bidders, and the XEN tokens from the top 100 bidders will be burned.

AIDOGE (Token) — An Arbitrum community memecoin project, with AI-generated code and free airdrops for ARB airdrop users. The token has a 15% trading tax, with 1% permanently burned, 2% added to the AIDOGE/ETH trading pair for increasing the depth, 3% used for AIDOGE staking rewards, 3% given to secondary market traders as rewards, 3% used to buy ARB to subsidize the protocol game and voting, currently, some ARB is used directly to incentivize users to increase liquidity, and 3% used for development purposes. The 24-hour trading volume is currently US$18.5 million, and it is available for trading on Bitget.

PUF (Token) — A community memecoin project with high community engagement and KOL discussions. It has a 24-hour trading volume of US$1.06 million, a market cap of US$330,000, and experienced a significant drop in price after a period of growth.

RDNT (Token) — A cross-chain lending protocol based on Layer Zero and native to Arbitrum. It has already bridged to BSC and has a total TVL of US$240 million. Recently, the staking token for its V2 version was released without significant selling pressure. Multiple KOLs have bought in, and the project has been highly popular with a 24-hour trading volume of US$120 million and a market cap of US$110 million.

2.Popular NFTs:

AISHIB (NFT) — An NFT collection called AIShiba OG Collection, issued by a memecoin project with the slogan “Missed $AIDOGE? Don’t miss $SHIBAI!” It has 12,207 holders, and a floor price of only 0.021 ETH, but has achieved a trading volume of over 500 ETH. The token $SHIBAI has a similar mechanism to AIDOGE, with a 15% trading tax. However, its token distribution and reward mechanism are more complex than AIDOGE, but currently only outlined in the project’s whitepaper.

LFi NFT (NFT) — A free mint NFT built on Polygon. It is available on OpenSea, with a total supply of 1.1 million and over 10,000 holders. The on-chain minting activity is very hot.

XEN Torrent (NFT) — XEN NFT is currently deployed on 10 different EVM-compatible chains, with over 1 million addresses minting it. With recent price increases, on-chain arbitrage has become active again.

3.Popular DApps:

MEV Bot (DApp) — jaredfromsubway.eth, a highly active sandwich trading bot on the blockchain, specializing in sandwich attacks on memecoins. It has processed over 570,000 transactions. According to data from Dune, in the past 24 hours, jaredfromsubway.eth has consumed 535.18 ETH in gas fees, worth approximately US$1,119,969, accounting for 8.3% of the total network data. In the past week, the address consumed 1007.29 ETH, worth approximately US$2,096,850, accounting for 3.79% of the total network data.

Link3 (DApp) — Link3 is a Web3 social task network incubated by CyberConnect, where users can create their decentralized social network by completing on-chain and off-chain information. Recently, Link3 participated in the Web Social Hackathon organized by Binance and released a growth incentive plan. In the future, it will attract projects and users to jointly build a high-quality Web3 social network. The project has not launched its own token yet, making it an important project to keep a close watch on.

Galxe (DApp) — Galxe is an on-chain task platform and a top-tier DID application that recently launched a new identity verification method allowing for one-click login using an Ethereum address. On April 19th, the project bought back tokens to mark Q1’s development journey. Key product updates include Galxe Mintlist, a loyalty point system, Telegram integration, and page access credentials. The project has already collaborated with over 2100 projects and is growing rapidly.

Benji Bananas (DApp) — An F2P mobile blockchain game invested by Animoca Brands. The overall ecosystem has seen a decrease in popularity due to two big holders of Bored Ape Yacht Club (BAYC) announcing their exit recently. Nevertheless, it is still a highly active project on the BSC. Currently, it is distributing Easter campaign rewards.

Lens (DApp) — A leading on-chain social platform that has yet to release its token, with expectations of an airdrop. The ecosystem currently includes a variety of projects and has become one of the most active ecosystems on the Polygon chain.

GameTrade Market (DApp) — A platform on Solana blockchain specialized in discovering and trading NFTs within games, mainly targeting in-game asset trading, providing a full range of game categories and game asset trading functions. Currently, the ecosystem has many game collaborations and announced on April 20th that it is launching its own Launchpad platform, allowing users to participate with a low fee of only 2.5%.

BLUR (DApp) — On April 19, BLUR platform traded a total of 5746 ETH, with OpenSea trading 1796 ETH and OpenSea Pro 941 ETH. Recently, the overall trading volume of the NFT market has started to rebound, and the short-term price of BLUR has also increased. This is due to the upcoming release of Amazon’s NFT on April 24th, which has caused NFT-related token projects to rebound. Additionally, BLUR is set to release new products in May, generating significant user anticipation.

Rarible (DApp) — Rarible is a multi-chain NFT trading platform where users can create “mint” and trade digital collectibles. On April 20th, the project indicated that the auction for The Smurfs NFTs would end in a few hours. The recent auction of the highly popular Smurfs NFT on Rarible has increased UAW.

Space ID (Token) — On April 18th, SPACE ID announced the formation of a DAO Treasury, which will use 50% of the total net revenue generated by the SPACE ID platform (including revenue from domain name registration, renewal, gift card purchases, and SPACE ID market fees) to buy and burn ID tokens, while the remaining 50% will be added to the DAO treasury in the form of stablecoins and managed by all eligible ID token holders. On April 20th, Space ID announced its listing on OKX, and the token has seen high levels of community activity recently.

4.Twitter Hot Topics:

There is no data available for today due to issues with the data source update.

5.Regional Trending Searches:

PEPE (Token) — A frog-themed memecoin with a very strong wealth effect, having experienced a 4500x increase since its launch. It has been widely discussed worldwide, and OKX has released a poll where the community chooses whether it belongs to the “dog” or “frog” camp, generating expectations for PEPE listing on OKX. Currently, the trading pair is available on Bitget.

ARB (Token) — Arbitrum has transferred 1 ARB token to the Curve DAO address for public testing to verify DAO’s control over funds. The decisions of the Arbitrum Foundation have a significant impact on the trend of the token. Therefore, following the development of events may reveal good trading opportunities.

Why Crypto Crash (Event) — Yesterday, there was a flash crypto crash. BTC and ETH both fell by over 3% and 4% respectively within an hour, triggering a market correction. The average leverage ratio of market participants is currently high, and cryptocurrency volatility is significant, so users need to be aware of trading risks.

Main Body

Written by: Bitget Research

Data collection time: April 20, 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.Blockchain Profile — ETH Chain

1.1 User Profile

1.1.1 Core Data

• Total active users of ETH: 369,707
• New active users of ETH: 76,035, with a daily decrease of 5.84%
• Existing active users of ETH: 293,672, with a daily decrease of 4.54%

1.1.2 New User Profile

• Core data: There were a total of 76,035 new active users on ETH yesterday, with a daily decrease of 5.84%
• Popular Sectors

• Popular Projects

• Key Projects:

RUGame Labs (RUG) — A community memecoin with RUG as its theme name. The project was launched yesterday and has 22,000 Twitter followers but no KOL attention. The token liquidity is 440,000, and the price has seen a 120x increase from the bottom. Its 24-hour trading volume is US$1.38 million. https://www.dextools.io/app/en/ether/pair-explorer/0x0ae290bcf6a7bb134c46f8c4c7cd905fce177e24

1.1.3 Existing User Profile

• Core data: The number of ETH active existing users is 293,672, with a daily decrease of 4.54%
• Popular Sectors

• Popular Projects

• Key Projects:

MEV Bot (DApp) — jaredfromsubway.eth, a highly active sandwich trading bot on the blockchain, specializing in sandwich attacks on memecoins. It has processed over 570,000 transactions. According to data from Dune, in the past 24 hours, jaredfromsubway.eth has consumed 535.18 ETH in gas fees, worth approximately US$1,119,969, accounting for 8.3% of the total network data. In the past week, the address consumed 1007.29 ETH, worth approximately US$2,096,850, accounting for 3.79% of the total network data.

PEPE (Token) — A memecoin featuring a sad frog on its logo, currently the hottest memecoin on the market with a daily on-chain trading volume of over US$100 million and dominating community discussions. During the market pullback yesterday, it rose to a new high against the trend. According to some blockchain data analysts, some early holders earned millions with an investment of less than 1 ETH, with gains up to 1000x. Users should be aware of the risks involved in participating. Currently, the token is available for trading on Bitget. https://www.dextools.io/app/en/ether/pair-explorer/0xa43fe16908251ee70ef74718545e4fe6c5ccec9f

WOJAK (Token) — The MEME coin, which is closely associated with the Pepe the Frog meme and features powerful human meme imagery, has a 24-hour trading volume of $22 million and a market cap of $9.17 million on the token chain. It is currently in high demand, with Bitget offering to trade for the coin. https://www.dextools.io/app/en/ether/pair-explorer/0x0f23d49bc92ec52ff591d091b3e16c937034496e

1.2 Popular Trading Pairs

1.2.1 Uniswap V2

COPE (Token) — A memecoin with an image similar to that of PEPE. Its 24-hour trading volume is US$17.8 million, and its liquidity is only US$88,000. After an initial rise, the price has collapsed, and there are no signs of a rebound. This memecoin carries high risks. https://www.dextools.io/app/en/ether/pair-explorer/0xad1b370187aefff639442d7596fcf9a0c0661b17

APED (Token) — An ape-themed memecoin. The community’s interest is high, with several KOL discussions. Its 24-hour trading volume is US$20 million, and its market cap is US$7.4 million. The price fluctuates at a high level. https://www.dextools.io/app/en/ether/pair-explorer/0x877193009a881359e80df3ded7c6e055be9cc144

CHAD (Token) — CHAD is positioned as an elite memecoin and has some association with PEPE and WOJAK. Its 24-hour trading volume is US$12.47 million, with a market cap of US$2.66 million. https://www.dextools.io/app/en/ether/pair-explorer/0x2db388d12c56fa6bd81b101aa6ec8542e315ec5c

BABYPEPE (Token) — A PEPE replica memecoin imitating the Babydoge model. Its current market cap is US$5.33 million, with a 24-hour trading volume of US$7.89 million. With only 600 Twitter followers, its overall marketing level is lower than that of PEPE and WOJAK, and the price has increased too much in the short term. Users should be aware of the risks involved. https://www.dextools.io/app/en/ether/pair-explorer/0x5b6a17d4e84b8d9b40eaaae821fc141d6158fe44

1.2.2 Uniswap V3

PEPE, WOJAK, APED (Token) — Aside from ETH, several memecoins, including PEPE, WOJAK, and APED, have taken over the top five positions in trading on UNI V3, as mentioned earlier in the report.

2.Blockchain Profile — BSC Chain

2.1 User Profile

2.1.1 Core Data

• Total active users on BSC: 1,264,894
• New active users on BSC: 202,127, with a daily decrease of 6.14%
• Existing active users on BSC: 1,062,767, with a daily increase of 0.78%

2.1.2 New User Profile

• Core data: There were a total of 202,127 new active users on BSC yesterday, with a daily decrease of 6.14%
• Popular Sectors

• Popular Projects

• Key Projects:

Trillioner (TLC) — A chain-based anonymous project with no liquidity pool. Currently, there are 8600 holders accumulated through transfers, which poses a high risk. https://bscscan.com/token/0x29a5daf6e3fdf964def07706ea1abee7ec03d021#balances

2.1.3 Existing User Profile

• Core data: The number of BSC active existing users is 1,062,767, with a daily increase of 0.78%
• Popular Sectors

• Popular Projects

• Key Projects:

Link3 (DApp) — Link3 is a Web3 social task network incubated by CyberConnect, where users can create their decentralized social network by completing on-chain and off-chain information. Recently, Link3 participated in the Web Social Hackathon organized by Binance and released a growth incentive plan. In the future, it will attract projects and users to jointly build a high-quality Web3 social network. The project has not launched its own token yet, making it an important project to keep a close watch on.

Galxe (DApp) — Galxe is an on-chain task platform and a top-tier DID application that recently launched a new identity verification method allowing for one-click login using an Ethereum address. On April 19th, the project bought back tokens to mark Q1’s development journey. Key product updates include Galxe Mintlist, a loyalty point system, Telegram integration, and page access credentials. The project has already collaborated with over 2100 projects and is growing rapidly.

2.2 Popular Trading Pairs

2.2.1 PancakeSwap V2

There is no data available for today due to issues with the data source update.

3.Blockchain Profile — Polygon Chain

3.1 User Profile

3.1.1 Core Data

• Total active users on Polygon: 389,528
• New active users on Polygon: 86,068, with a daily decrease of 5.34%
• Existing active users on Polygon: 303,460, with a daily increase of 0.04%

3.1.2 New User Profile

• Core data: There were a total of 86,068 new active users on Polygon yesterday, with a daily decrease of 5.34%
• Popular Sectors

• Popular Projects

• Key Projects:

Benji Bananas (DApp) — An F2P mobile blockchain game invested by Animoca Brands. The overall ecosystem has seen a decrease in popularity due to two big holders of Bored Ape Yacht Club (BAYC) announcing their exit recently. Nevertheless, it is still a highly active project on the BSC. Currently, it is distributing Easter campaign rewards.

SUIBG (Token), SUI Futures Bitget — BitKeep and Bitget jointly launched an airdrop of a futures token called SUIBG (SUI Futures Token), which will serve as a credential for the native token SUI after the Sui Network mainnet is launched in the future. According to information from BitKeep’s Twitter, the exchange rate for SUIBG and SUI is 10:1. The SUI token has a public offering price of US$0.1/SUI, and users can earn up to 1000+ free SUIBG by completing BitKeep-related tasks, which can be exchanged for 100+ $SUI token rewards after the launch of SUI (campaign ends on April 24).

3.1.3 Existing User Profile

• Core Data: The number of Polygon active existing users is 303,460, with a daily increase of 0.04%
• Popular Sectors

• Popular Projects

• Key Projects:

Lens (DApp) — A leading on-chain social platform that has yet to release its token, with expectations of an airdrop. The ecosystem currently includes a variety of projects and has become one of the most active ecosystems on the Polygon chain.

3.2 Popular Trading Pairs

3.2.1 Uniswap V3

XEN (Token) — On April 18th, the bidding activity for XENKnights officially began. XENKnights is an experimental collection of only 100 unique art pieces inscribed on satoshis on the Bitcoin blockchain. A total of 100 XENKnight ordinals will be auctioned to the highest bidders, and the XEN tokens from the top 100 bidders will be burned.

4.Blockchain Profile — Arbitrum Chain

4.1 User Profile

4.1.1 Core Data

• Arbitrum Active Users: 345,350
• Arbitrum New Active Users: 80,741, with a daily increase of 47.44%
• Arbitrum Existing Active Users: 264,609, with a daily increase of 5.97%

4.1.2 New User Profile

• Core data: There were a total of 80,741 new active users on Arbitrum yesterday, with a daily increase of 47.44%
• Popular Sectors

• Popular Projects

• Key Projects:

AISHIB (NFT) — An NFT collection called AIShiba OG Collection, issued by a memecoin project with the slogan “Missed $AIDOGE? Don’t miss $SHIBAI!” It has 12,207 holders, and a floor price of only 0.021 ETH, but has achieved a trading volume of over 500 ETH. The token $SHIBAI has a similar mechanism to AIDOGE, with a 15% trading tax. However, its token distribution and reward mechanism are more complex than AIDOGE, but currently only outlined in the project’s whitepaper. https://www.dextools.io/app/en/arbitrum/pair-explorer/0xbb1554b79d49327f6f000fb8057a972bfee4afca

4.1.3 Existing User Profile

• Core data: The number of Arbitrum active existing users is 264,609, with a daily increase of 5.97%
• Popular Sectors

• Popular Projects

• Key Projects:

AIDOGE (Token) — An Arbitrum community memecoin project, with AI-generated code and free airdrops for ARB airdrop users. The token has a 15% trading tax, with 1% permanently burned, 2% added to the AIDOGE/ETH trading pair for increasing the depth, 3% used for AIDOGE staking rewards, 3% given to secondary market traders as rewards, 3% used to buy ARB to subsidize the protocol game and voting, currently, some ARB is used directly to incentivize users to increase liquidity, and 3% used for development purposes. The 24-hour trading volume is currently US$18.5 million, and it is available for trading on Bitget.

4.2 Popular Trading Pairs

4.2.1 Uniswap V3

PUF (Token) — A community memecoin project with high community engagement and KOL discussions. It has a 24-hour trading volume of US$1.06 million, a market cap of US$330,000, and experienced a significant drop in price after a period of growth.

RDNT (Token) — A cross-chain lending protocol based on Layer Zero and native to Arbitrum. It has already bridged to BSC and has a total TVL of US$240 million. Recently, the staking token for its V2 version was released without significant selling pressure. Multiple KOLs have bought in, and the project has been highly popular with a 24-hour trading volume of US$120 million and a market cap of US$110 million.

5.DApp Ecosystem — All Chains

Iskra (DApp) — Iskra is a blockchain gaming platform built on Klaytn, bringing together gamers and game studios. The platform allows gamers to explore and enjoy high-quality blockchain games and create their own communities. Users can access new gaming projects through the platform’s Launchpad. On April 20th, it was announced that Iskra will be conducting its second promotional activity on Zealy, where users who complete tasks will have the chance to win a share of 5400 ISK and 5400 USDT in rewards.

GameTrade Market (DApp) — A platform on Solana blockchain specialized in discovering and trading NFTs within games, mainly targeting in-game asset trading, providing a full range of game categories and game asset trading functions. Currently, the ecosystem has many game collaborations and announced on April 20th that it is launching its own Launchpad platform, allowing users to participate with a low fee of only 2.5%.

TT Prize (DApp) — A mini-game platform built on Thundercore that uses TT for gaming. Currently, it has 455 Twitter followers and Similarweb shows a monthly traffic of less than 5000. It is essential to monitor this project.

6.DApp Ecosystem — ETH Chain

BLUR (DApp) — On April 19, BLUR platform traded a total of 5746 ETH, with OpenSea trading 1796 ETH and OpenSea Pro 941 ETH. Recently, the overall trading volume of the NFT market has started to rebound, and the short-term price of BLUR has also increased. This is due to the upcoming release of Amazon’s NFT on April 24th, which has caused NFT-related token projects to rebound. Additionally, BLUR is set to release new products in May, generating significant user anticipation.

DexView (DApp) is a website that provides real-time price charts and market sentiment for various chains, including Ethereum, BSC, Arbitrum, Polygon, etc. The Twitter account has only 14 followers, and usage is still relatively low. It is essential to monitor this project.

7.DApp Ecosystem — BSC Chain

MOBOX (Dapp) — A cross-chain Metaverse game platform that integrates Web3 elements such as NFT and DeFi to assist game development within the project. At present, its token $MBOX is available on Bitget, and Mobox users can trade this asset on Bitget.

AutoShark Finance (DApp) — A one-stop DeFi platform that supports functions such as Swap, Farm, Launchpad, etc. It has been audited by Certik, but its overall TVL is only US$388,000. It is essential to stay updated on this project.

8.DApp Ecosystem — Polygon Chain

Flip Coin (DApp) — In the Flip Coin and Lottery application, users can toss a coin and earn double or participate in the lottery and earn ten times the amount. It has been marked as a high-risk DApp by DappRadar, so users are advised to be cautious and monitor the project.

Rarible (DApp) — Rarible is a multi-chain NFT trading platform where users can create “mint” and trade digital collectibles. On April 20th, the project indicated that the auction for The Smurfs NFTs would end in a few hours. The recent auction of the highly popular Smurfs NFT on Rarible has increased UAW.

9.DApp Ecosystem — WAX Chain

Neftyblocks(DApp) is an NFT trading platform on the WAX blockchain. According to data from third-party data websites, the platform’s traffic ranks behind SuperRare and LooksRare in the NFT space, with more popularity in the European and American regions.

10.DApp Ecosystem — Solana Chain

MeanFi (DApp) — A permissionless, self-custodial bank on Solana, with main modules including a payment stream system, an aggregated DEX, etc. The project has been a top DeFi application on Solana for a long time, with many ecosystem collaborations. However, there is no recent significant update about the project.

11.DApp Ecosystem — Arbitrum Chain

Space ID (Token) — On April 18th, SPACE ID announced the formation of a DAO Treasury, which will use 50% of the total net revenue generated by the SPACE ID platform (including revenue from domain name registration, renewal, gift card purchases, and SPACE ID market fees) to buy and burn ID tokens, while the remaining 50% will be added to the DAO treasury in the form of stablecoins and managed by all eligible ID token holders. On April 20th, Space ID announced its listing on OKX, and the token has seen high levels of community activity recently.

12.DApp Ecosystem — GameFi Sector Across All Chains

Nine Chronicles (DApp) — A blockchain game supported by Ubisoft, with 129,000 Twitter followers including 91 KOLs. On April 10th, the monthly report was released, showing a monthly active user base of 32,000. The game is running campaigns, but there are no recent significant updates.

13.Gas Fee Consumption — ETH Chain

PEPE (Token) — A frog-themed memecoin with a very strong wealth effect, having experienced a 4500x increase since its launch. It has been widely discussed worldwide, and OKX has released a poll where the community chooses whether it belongs to the “dog” or “frog” camp, generating expectations for PEPE listing on OKX. Currently, the trading pair is available on Bitget.

14.Gas Fee Consumption — BSC Chain

XEN (Token) — On April 18th, the bidding activity for XENKnights officially began. XENKnights is an experimental collection of only 100 unique art pieces inscribed on satoshis on the Bitcoin blockchain. A total of 100 XENKnight ordinals will be auctioned to the highest bidders, and the XEN tokens from the top 100 bidders will be burned.

15.Gas Fee Consumption — Polygon Chain

LFi NFT (NFT) — A free mint NFT built on Polygon. It is available on OpenSea, with a total supply of 1.1 million and over 10,000 holders. The on-chain minting activity is very hot. https://opensea.io/collection/lfi-nft-1

XEN Torrent (NFT) — XEN NFT is currently deployed on 10 different EVM-compatible chains, with over 1 million addresses minting it. With recent price increases, on-chain arbitrage has become active again. https://opensea.io/collection/xenft-by-xen-crypto/activity

16.Gas Fee Consumption — Arbitrum Chain

Camelot Router (DApp) has seen a significant increase in usage frequency and gas fee burn, thanks to the positive market sentiment for trading memecoins such as Aidoge and Shibai. Historical data shows that every significant increase in the amount of gas burned by DEXs is often accompanied by active trading of certain hot tokens.

17.Twitter Trends Token Top 20

There is no data available for today due to issues with the data source update.

18.Token Mentioned Frequency by KOLs on Twitter

There is no data available for today due to issues with the data source update.

19.Token Mentioned Frequency by VCs on Twitter

There is no data available for today due to issues with the data source update.

20.Google Trends — Global

The most frequently mentioned Google search terms: PEPE, ARB, Why Crypto Crash

PEPE (Token) — A frog-themed memecoin with a very strong wealth effect, having experienced a 4500x increase since its launch. It has been widely discussed worldwide, and OKX has released a poll where the community chooses whether it belongs to the “dog” or “frog” camp, generating expectations for PEPE listing on OKX. Currently, the trading pair is available on Bitget.

ARB (Token) — Arbitrum has transferred 1 ARB token to the Curve DAO address for public testing to verify DAO’s control over funds. The decisions of the Arbitrum Foundation have a significant impact on the trend of the token. Therefore, following the development of events may reveal good trading opportunities.

Why Crypto Crash (Event) — Yesterday, there was a flash crypto crash. BTC and ETH both fell by over 3% and 4% respectively within an hour, triggering a market correction. The average leverage ratio of market participants is currently high, and cryptocurrency volatility is significant, so users need to be aware of trading risks.

21.Google Trends Surge — East Asia, South Asia, Southeast Asia, Hong Kong, Macau, and Taiwan

a) South Asia Region

India Trending Tokens: BTC, OLYMP

Pakistan Trending Tokens: BTC, XEN

b) Southeast Asia Region

Philippines Trending Tokens: FTX, BTC

Vietnam Trending Keywords: Crypto news

Indonesia Trending Tokens: Luna, BTC, MEME

Malaysia Trending Keywords: AVAX

Singapore Trending Tokens: Gala, Crypto Crash

c) East Asia and Hong Kong, Macau, and Taiwan

Trending Tokens: WTK, XDC

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

a) CIS Region

Trending Keywords: Watchlist, Crypto News

b) English-speaking Countries

UK Trending Tokens: XRP, INJ

Australia Trending Tokens: BTTC, GRT, IRC, ETH

USA Trending Keywords: Why crypto crashing, Crypto Drop, Crypto Down

Canada Trending Tokens: FILM, XRD, (radix), CHZ, ICP, PEPE, XEN, HBAR

c) Europe

Spain Trending Tokens: ETH, ADA, CASH, BTC, CTSI, UNI

Italy Trending Tokens: PEPE, BTC, BRISE, HBAR, LITE

France Trending Tokens: UNI, XRP, PEPE, FIL, FTT

Germany Trending Tokens: BTC, XRP, TRON

Belgium Trending Tokens: TAMADOGE, WAVES, ETH

Turkey Trending Tokens: BTC

23.Google Trends Surge — Middle East, Latin America, Africa

a) Africa

Trending Tokens: Shib;

Trending Keywords: why crypto falling, coinbase, crypto jobs, dca

b) Middle East

Trending Tokens: BTC;

Trending Keywords: Crypto Market, Binance, Crypto Bubbles, Crypto Crash

c) Latin America

Brazil Trending Tokens: BTC, ARB, RIO, UNI

Argentina Trending Tokens: XRP, BTC