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Bitget Research: Hong Kong Likely to Allow Retail Investors to Trade Cryptocurrencies, Boosting the Rise of Hong Kong-Related Tokens

Bitget Research: Hong Kong Likely to Allow Retail Investors to Trade Cryptocurrencies, Boosting the Rise of Hong Kong-Related Tokens

Beginner
2023-05-24 | 5m

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:

Hong Kong-Related Tokens KEY, CFX, ACH, LINA, and HIGH See Notable Increases (Token) — According to Bloomberg, the Chinese Hong Kong Securities and Futures Commission will hold a press conference at 4:15 PM today regarding the consultation results on the regulatory requirements for virtual asset trading platform operators. Bloomberg anticipates that Hong Kong investors will be able to trade cryptocurrencies such as BTC and ETH under suitable protection measures starting in June.

RFD (Token) — REFUND was created by the whale wallet blurr.eth. Several influencers including @Yourpop8 and @stekisteks promoted it on Twitter. Famous ENSs like pennismybitch. eth, 氷の王女.eth, and pepe-frog. eth have bought from the Uniswap pool and added positions in waves, resulting in a relatively distributed ownership. There are no apparent contract risks. Bitget has listed RFD.

PSYOP (Token) — A highly popular yet controversial memecoin created by NFT influencer, Ben. 0xScope tweeted that the token distribution of the new memecoin project PSYOP launched by crypto influencer ben.eth is highly centralized, with 93.45% of the token supply held by Ben. Furthermore, Ben.eth may face a class-action lawsuit for alleged wire fraud. Caution is advised when considering engagement.

BWLD (Token) — Beta WLD (i.e., Worldcoin beta token) has drawn attention due to the relationship between Worldcoin and OpenAI CEO Sam Altman. It remains high in popularity on the Polygon chain.

0xMT (Token) — Mineable Token uses Bitcoin’s value storage concept. It employs the proof-of-work mechanism, with the reward rate halving in each Reward Era. The aim is to have a fairly distributed token. This is accomplished through contracts on the Arbitrum blockchain. This token has not yet established a liquidity pool.

PLOUTΩS (Token) — This is a memecoin with the concept of the ancient Greek god of wealth. Its on-chain data is excellent (14,604 on-chain transactions in the past 24 hours), but the activity level of the social media and community is low and does not match the on-chain trading activity. The deployer directly destroyed 50% of the tokens and 46% of the tokens were added to the locked liquidity pool. The contract shows no apparent risks.

GOD (Token) — A memecoin that surged and then plummeted shortly after its TGE. It has fallen by over 80% in the past 24 hours. The token contract has a transaction cooldown function, preventing users from selling tokens within a certain time or number of blocks after purchase.

AiONE (Token) — A platform for AI as a Service (AIaaS) that has raised US$3 million in private funding. Its financing information has been published on the U.today website and on Twitter. The website appears to be quite professionally done, and there’s already a usable product. The on-chain transactions in the past 24 hours have reached 32,157, with a trading volume of US$2.31 million. There are no apparent risks in the contract.

PepeDubai (Token) — A memecoin derived from PEPE, this token carries a 0% buy tax and a 10% sell tax. There have been 17,387 on-chain transactions amounting to a trading volume of US$1.08M in the past 24 hours. The total liquidity is US$162,890, indicating a risk of dramatic price volatility.

2.Popular NFTs:

Loyalty Program (NFT) — The NFTs minted on zkBridge Mainnet Alpha are part of the activity conducted by Polyhedra x Galxe. Users mint the NFT to earn points in anticipation of an airdrop, with over 70,000 people participating in the activity on Galxe.

3.Popular DApps:

zkSync (DApp) — zkSync has recently been carrying out joint promotions with Galxe, involving projects and tokens such as XY Finance and Transit. Galxe’s on-chain activities can generally bring higher crypto community traffic to projects and their ecosystems, possibly leading to trading opportunities for the token. zkSync Era’s mainnet was launched a few months ago, and interacting with the DApp might lead to potential airdrop opportunities for zkSync tokens. It is essential to stay updated on this DApp.

Pixels Game (DApp) — Pixels is a pixel-style, interactive Web3 farming game. In the game, players can use memecoins like PEPE to purchase fertilizer. Recently, several in-game parties were held in collaboration with other projects, stimulating daily activity.

SLM Games (DApp) — This is a cross-chain crypto casino platform built around BTC, ETH, BSC, EOS, WAX, TELOS, ThunderCore, and Solana. By incorporating GameFi, it offers more diversified gameplay for the ecosystem.

Gelato (DApp) — Gelato Network is a protocol focused on automating Ethereum smart contracts. Essentially, it’s an execution-layer infrastructure and a powerful tool for Web3 developers, aiming to build a large and perfect smart contract robot system. When certain preset conditions are triggered (both on-chain and off-chain), the system captures the signal and automatically executes the corresponding operations of the smart contract as required. The token GEL has shown no significant fluctuations recently. It is essential to observe this project.

ISKRA (DApp) A blockchain gaming platform built on Klaytn, bringing together gamers and game studios with a continuous increase in daily active users. The platform allows gamers to explore and enjoy high-quality blockchain games while creating their own communities. Yesterday, the announcement of Normain Metaland conducting an INO on the platform garnered significant community attention on social media.

PlaybuxQuest (DApp) — Playbux is a metaverse project on the Binance Smart Chain that integrates real-world shops (shop-to-earn), DeFi, NFT, and virtual community promotions. Users can explore the blockchain world (such as PancakeSwap, 1inch, NFT marketplace, mini-games, etc.) within Playbux’s metaverse while also experiencing real-world shopping and getting rebates on the platform. The project is currently running an airdrop promotion, and recent on-chain interactions have been promising.

4.Twitter Hot Topics:

OVR (Token) — Apple is set to hold an “Apple Park Special Event” on June 5, rumored to be a launch for new AR/VR products. Apple Reality Pro is expected to become one of the most powerful XR headphones. Capitalizing on Apple’s hotspot, the AR project OVR has launched an App Store Giveaway promotion that will take place between May 22 and June 9. The CEO will give a speech at Web3 Live London on June 1. OVR quickly climbed to first place on Coingecko’s Top Trending Cryptocurrencies list, with its price experiencing a more than 150% increase in the past week and a 50% increase in the past 24 hours.

5.Regional Trending Searches:

Bitcoin (Token) — The price of Bitcoin remains stable at around $27,000. With the waning popularity of BRC20, Bitcoin lacks new narratives and price catalysts. Simultaneously, given the unstable external environment, traders are waiting for the latest developments on the US debt ceiling impasse. Bitcoin has been relatively stable recently.

Main Body

Written by: Bitget Research

Data collection time: May 23, 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: 391,755
  • New active users of ETH: 71,547, with a daily decrease of 8.88%
  • Existing active users of ETH: 320,208, with a daily decrease of 4.65%

1.1.2 New User Profile

  • Core data: There were a total of 71,547 new active users on ETH yesterday, with a daily decrease of 8.88%
  • Popular Sectors
Bitget Research: Hong Kong Likely to Allow Retail Investors to Trade Cryptocurrencies, Boosting the Rise of Hong Kong-Related Tokens image 0
  • Popular Projects
Bitget Research: Hong Kong Likely to Allow Retail Investors to Trade Cryptocurrencies, Boosting the Rise of Hong Kong-Related Tokens image 1

zkSync (DApp) — zkSync has recently been carrying out joint promotions with Galxe, involving projects and tokens such as XY Finance and Transit. Galxe’s on-chain activities can generally bring higher crypto community traffic to projects and their ecosystems, possibly leading to trading opportunities for the token. zkSync Era’s mainnet was launched a few months ago, and interacting with the DApp might lead to potential airdrop opportunities for zkSync tokens. It is essential to stay updated on this DApp.

1.1.3 Existing User Profile

  • Core data: The number of ETH active existing users is 320,208, with a daily decrease of 4.65%
  • Popular Sectors
Bitget Research: Hong Kong Likely to Allow Retail Investors to Trade Cryptocurrencies, Boosting the Rise of Hong Kong-Related Tokens image 2
  • Popular Projects
Bitget Research: Hong Kong Likely to Allow Retail Investors to Trade Cryptocurrencies, Boosting the Rise of Hong Kong-Related Tokens image 3

Following the decline in memecoins, there are still lingering effects. Uniswap maintains its dominance in daily activity on the Ethereum network.

1.2 Popular Trading Pairs

1.2.1 Uniswap V2

Bitget Research: Hong Kong Likely to Allow Retail Investors to Trade Cryptocurrencies, Boosting the Rise of Hong Kong-Related Tokens image 4

PLOUTΩS (Token) — This is a memecoin with the concept of the ancient Greek god of wealth. Its on-chain data is excellent (14,604 on-chain transactions in the past 24 hours), but the activity level of the social media and community is low and does not match the on-chain trading activity. The deployer directly destroyed 50% of the tokens and 46% of the tokens were added to the locked liquidity pool. The contract shows no apparent risks. https://www.dextools.io/app/en/ether/pair-explorer/0x1d4e66b826c8bf8e3c93574386a8dd723b3a912f

GOD (Token) — A memecoin that surged and then plummeted shortly after its TGE. It has fallen by over 80% in the past 24 hours. The token contract has a transaction cooldown function, preventing users from selling tokens within a certain time or number of blocks after purchase. https://www.dextools.io/app/en/ether/pair-explorer/0xdb161bb5bea8917d41f858c0763dd27c0ebf7c2a

1.2.2 Uniswap V3

Bitget Research: Hong Kong Likely to Allow Retail Investors to Trade Cryptocurrencies, Boosting the Rise of Hong Kong-Related Tokens image 5

RFD (Token) — REFUND was created by the whale wallet blurr.eth. Several influencers including @Yourpop8 and @stekisteks promoted it on Twitter. Famous ENSs like pennismybitch. eth, 氷の王女.eth, and pepe-frog. eth have bought from the Uniswap pool and added positions in waves, resulting in a relatively distributed ownership. There are no apparent contract risks. Bitget has listed RFD.

PSYOP (Token) — A highly popular yet controversial memecoin created by NFT influencer, Ben. 0xScope tweeted that the token distribution of the new memecoin project PSYOP launched by crypto influencer ben.eth is highly centralized, with 93.45% of the token supply held by Ben. Furthermore, Ben.eth may face a class-action lawsuit for alleged wire fraud. Caution is advised when considering engagement.

2.Blockchain Profile — BSC Chain

2.1 User Profile

2.1.1 Core Data

  • Total active users on BSC: 1,542,187
  • New active users on BSC: 215,427, with a daily increase of 15.99%
  • Existing active users on BSC: 1,326,760, with a daily decrease of 5.37%

2.1.2 New User Profile

  • Core data: There were a total of 215,427 new active users on BSC yesterday, with a daily increase of 15.99%
  • Popular Sectors
Bitget Research: Hong Kong Likely to Allow Retail Investors to Trade Cryptocurrencies, Boosting the Rise of Hong Kong-Related Tokens image 6
  • Popular Projects
Bitget Research: Hong Kong Likely to Allow Retail Investors to Trade Cryptocurrencies, Boosting the Rise of Hong Kong-Related Tokens image 7

Loyalty Program (NFT) — The NFTs minted on zkBridge Mainnet Alpha are part of the activity conducted by Polyhedra x Galxe. Users mint the NFT to earn points in anticipation of an airdrop, with over 70,000 people participating in the activity on Galxe.

2.1.3 Existing User Profile

  • Core data: The number of BSC active existing users is 1,326,760, with a daily decrease of 5.37%
  • Popular Sectors
Bitget Research: Hong Kong Likely to Allow Retail Investors to Trade Cryptocurrencies, Boosting the Rise of Hong Kong-Related Tokens image 8
  • Popular Projects
Bitget Research: Hong Kong Likely to Allow Retail Investors to Trade Cryptocurrencies, Boosting the Rise of Hong Kong-Related Tokens image 9

PlaybuxQuest (DApp) — Playbux is a metaverse project on the Binance Smart Chain that integrates real-world shops (shop-to-earn), DeFi, NFT, and virtual community promotions. Users can explore the blockchain world (such as PancakeSwap, 1inch, NFT marketplace, mini-games, etc.) within Playbux’s metaverse while also experiencing real-world shopping and getting rebates on the platform. The project is currently running an airdrop promotion, and recent on-chain interactions have been promising.

2.2 Popular Trading Pairs

2.2.1 PancakeSwap V2

Bitget Research: Hong Kong Likely to Allow Retail Investors to Trade Cryptocurrencies, Boosting the Rise of Hong Kong-Related Tokens image 10

AiONE (Token) — A platform for AI as a Service (AIaaS) that has raised US$3 million in private funding. Its financing information has been published on the U.today website and on Twitter. The website appears to be quite professionally done, and there’s already a usable product. The on-chain transactions in the past 24 hours have reached 32,157, with a trading volume of US$2.31 million. There are no apparent risks in the contract. https://www.dextools.io/app/en/bnb/pair-explorer/0x9019e812a436003ad2c515492cffb784937ab2aa

PepeDubai (Token) — A memecoin derived from PEPE, this token carries a 0% buy tax and a 10% sell tax. There have been 17,387 on-chain transactions amounting to a trading volume of US$1.08M in the past 24 hours. The total liquidity is US$162,890, indicating a risk of dramatic price volatility. https://www.dextools.io/app/en/bnb/pair-explorer/0x94d84f41adae3972ce9c988c3c6f91b235d54849

3.Blockchain Profile — Polygon Chain

3.1 User Profile

3.1.1 Core Data

  • Total active users on Polygon: 437,806
  • New active users on Polygon: 116,067, with a daily increase of 1.79%
  • Existing active users on Polygon: 321,739, with a daily decrease of 0.62%

3.1.2 New User Profile

  • Core data: There were a total of 116,067 new active users on Polygon yesterday, with a daily increase of 1.79%
  • Popular Sectors
Bitget Research: Hong Kong Likely to Allow Retail Investors to Trade Cryptocurrencies, Boosting the Rise of Hong Kong-Related Tokens image 11
  • Popular Projects
Bitget Research: Hong Kong Likely to Allow Retail Investors to Trade Cryptocurrencies, Boosting the Rise of Hong Kong-Related Tokens image 12

Pixels Game (DApp) — Pixels is a pixel-style, interactive Web3 farming game. In the game, players can use memecoins like PEPE to purchase fertilizer. Recently, several in-game parties were held in collaboration with other projects, stimulating daily activity.

3.1.3 Existing User Profile

  • Core Data: The number of Polygon active existing users is 321,739, with a daily decrease of 0.62%
  • Popular Sectors
Bitget Research: Hong Kong Likely to Allow Retail Investors to Trade Cryptocurrencies, Boosting the Rise of Hong Kong-Related Tokens image 13
  • Popular Projects
Bitget Research: Hong Kong Likely to Allow Retail Investors to Trade Cryptocurrencies, Boosting the Rise of Hong Kong-Related Tokens image 14

Stargate (DApp) — Influenced by the expectation of Layerzero’s token issuance, Stargate’s interaction data remains at a high level. On May 1st, it announced that its protocol processed a total trading volume of US$2.3 billion in April, which indicates a significant growth in the protocol data. Most users continue to interact in anticipation of Layerzero’s future token issuance opportunity. Stargate continues to rank highly in terms of daily activity on Polygon. This is mainly due to airdrop hunters. During Layer0 cross-chain interaction processes, the gas costs in the “Polygon — Avalanche, Polygon — FTM, BNB — Polygon” cross-chains are relatively lower, boosting Stargate’s UAW data on Polygon.

3.2 Popular Trading Pairs

3.2.1 Uniswap V3

Bitget Research: Hong Kong Likely to Allow Retail Investors to Trade Cryptocurrencies, Boosting the Rise of Hong Kong-Related Tokens image 15

The top trading pairs on Polygon continue to be dominated by MATIC, stablecoins, and mainstream tokens.

4.Blockchain Profile — Arbitrum Chain

4.1 User Profile

4.1.1 Core Data

  • Arbitrum Active Users: 196,383
  • Arbitrum New Active Users: 44,873, with a daily increase of 14.94%
  • Arbitrum Existing Active Users: 151,510, with a daily increase of 6.10%

4.1.2 New User Profile

  • Core data: There were a total of 44,873 new active users on Arbitrum yesterday, with a daily increase of 14.94%
  • Popular Sectors
Bitget Research: Hong Kong Likely to Allow Retail Investors to Trade Cryptocurrencies, Boosting the Rise of Hong Kong-Related Tokens image 16
  • Popular Projects
Bitget Research: Hong Kong Likely to Allow Retail Investors to Trade Cryptocurrencies, Boosting the Rise of Hong Kong-Related Tokens image 17

0xMT (Token) — Mineable Token uses Bitcoin’s value storage concept. It employs the proof-of-work mechanism, with the reward rate halving in each Reward Era. The aim is to have a fairly distributed token. This is accomplished through contracts on the Arbitrum blockchain. This token has not yet established a liquidity pool. https://0xmt.com/

4.1.3 Existing User Profile

  • Core data: The number of Arbitrum active existing users is 151,510, with a daily increase of 6.10%
  • Popular Sectors
Bitget Research: Hong Kong Likely to Allow Retail Investors to Trade Cryptocurrencies, Boosting the Rise of Hong Kong-Related Tokens image 18
  • Popular Projects
Bitget Research: Hong Kong Likely to Allow Retail Investors to Trade Cryptocurrencies, Boosting the Rise of Hong Kong-Related Tokens image 19

ODOS (DApp) — A DEX aggregator that supports one-click token swapping. Recently, it has been expanding rapidly on Arbitrum, and it has partnered with Camelot, as well as VE (3,3) Dex ChronosFi, and integrated with their platform. Odos has aggregated most of the DEX pools on Arbi to find the best prices, resulting in high activity on the Arbitrum chain.

4.2 Popular Trading Pairs

4.2.1 Uniswap V3

Bitget Research: Hong Kong Likely to Allow Retail Investors to Trade Cryptocurrencies, Boosting the Rise of Hong Kong-Related Tokens image 20

GETH (Token) — LayerZero has cross-chained Geth on the Georli testnet to the EVM ecosystem. Cross-chain swap transactions can be completed through the ETH Goerli Bridge. Holders of the Goerli testnet tokens can participate in interacting with testnet projects. Recent interactions with various testnets and airdrop expectations have led to an increase in demand for GETH.

5.DApp Ecosystem — All Chains

Bitget Research: Hong Kong Likely to Allow Retail Investors to Trade Cryptocurrencies, Boosting the Rise of Hong Kong-Related Tokens image 21

ISKRA (DApp) A blockchain gaming platform built on Klaytn, bringing together gamers and game studios with a continuous increase in daily active users. The platform allows gamers to explore and enjoy high-quality blockchain games while creating their own communities. Yesterday, the announcement of Normain Metaland conducting an INO on the platform garnered significant community attention on social media.

SLM Games (DApp) — This is a cross-chain crypto casino platform built around BTC, ETH, BSC, EOS, WAX, TELOS, ThunderCore, and Solana. By incorporating GameFi, it offers more diversified gameplay for the ecosystem.

6.DApp Ecosystem — ETH Chain

Bitget Research: Hong Kong Likely to Allow Retail Investors to Trade Cryptocurrencies, Boosting the Rise of Hong Kong-Related Tokens image 22

The top DApps on the Ethereum network are mainly centered around on-chain trading, including Uniswap, MetaMask Swap, 1inch, and others.

7.DApp Ecosystem — BSC Chain

Bitget Research: Hong Kong Likely to Allow Retail Investors to Trade Cryptocurrencies, Boosting the Rise of Hong Kong-Related Tokens image 23

TinyTap (DApp) — The first participant of the Open Campus (EDU) project, which will be launched on Binance Launchpad. It is a decentralized education platform supported by Animoca Brands. It has recently been promoting its operational roadmap and project status on social media, drawing some attention. The associated token is already available on Bitget.

8.DApp Ecosystem — Polygon Chain

Bitget Research: Hong Kong Likely to Allow Retail Investors to Trade Cryptocurrencies, Boosting the Rise of Hong Kong-Related Tokens image 24

Pixels (DApp) was explained earlier in the report.

9.DApp Ecosystem — WAX Chain

Bitget Research: Hong Kong Likely to Allow Retail Investors to Trade Cryptocurrencies, Boosting the Rise of Hong Kong-Related Tokens image 25

WAX chain’s UAW fluctuations are within the normal range.

10.DApp Ecosystem — Solana Chain

Bitget Research: Hong Kong Likely to Allow Retail Investors to Trade Cryptocurrencies, Boosting the Rise of Hong Kong-Related Tokens image 26

GameTrade Market (DApp) — GameTradeMarket is a platform on the Solana chain dedicated to discovering and trading NFTs within games, with a focus on in-game asset trading. It provides game classification and asset trading functions for all categories of games. The platform currently has numerous ecosystem game collaborations and recently announced partnerships with twakegame, RadicalChess, PolkaFantasy, and other projects.

11.DApp Ecosystem — Arbitrum Chain

Bitget Research: Hong Kong Likely to Allow Retail Investors to Trade Cryptocurrencies, Boosting the Rise of Hong Kong-Related Tokens image 27

Stargate (DApp) was explained earlier in the report.

12.DApp Ecosystem — GameFi Sector Across All Chains

Bitget Research: Hong Kong Likely to Allow Retail Investors to Trade Cryptocurrencies, Boosting the Rise of Hong Kong-Related Tokens image 28

Iskra was explained earlier in the report.

13.Gas Fee Consumption — ETH Chain

Bitget Research: Hong Kong Likely to Allow Retail Investors to Trade Cryptocurrencies, Boosting the Rise of Hong Kong-Related Tokens image 29

Metamask (DApp) — Metamask, which includes a built-in swap feature, remains the preferred choice for many users despite the 0.875% swap fee. This is due to its massive traffic and convenient operations, making it a popular option for cryptocurrency transactions.

14.Gas Fee Consumption — BSC Chain

Bitget Research: Hong Kong Likely to Allow Retail Investors to Trade Cryptocurrencies, Boosting the Rise of Hong Kong-Related Tokens image 30

Tomcat Inu (Token) — A Tom and Jerry-themed memecoin, with a liquidity pool of US$110,000 and a daily trading volume of US$634,700. It has increased by 572.69% in the past 24 hours. The contract includes a 10% buy and sell tax. It is essential to stay updated on this token and exercise caution. https://www.dextools.io/app/cn/bnb/pair-explorer/0x83346ff56d8169b1a1dbfecef660921c14396fee

15.Gas Fee Consumption — Polygon Chain

Bitget Research: Hong Kong Likely to Allow Retail Investors to Trade Cryptocurrencies, Boosting the Rise of Hong Kong-Related Tokens image 31

BWLD (Token) — Beta WLD (i.e., Worldcoin beta token) has drawn attention due to the relationship between Worldcoin and OpenAI CEO Sam Altman. It remains high in popularity on the Polygon chain.

16.Gas Fee Consumption — Arbitrum Chain

Bitget Research: Hong Kong Likely to Allow Retail Investors to Trade Cryptocurrencies, Boosting the Rise of Hong Kong-Related Tokens image 32

Gelato Network (DApp) — An Ethereum robot network, capable of automatically executing any smart contracts for users on Ethereum and other blockchains. The Gelato Network is primarily focused on the automation of smart contracts and is generally used for executing limit orders.

17.Twitter Trends Token Top 20

Bitget Research: Hong Kong Likely to Allow Retail Investors to Trade Cryptocurrencies, Boosting the Rise of Hong Kong-Related Tokens image 33

OVR (Token) — Apple is set to hold an “Apple Park Special Event” on June 5, rumored to be a launch for new AR/VR products. Apple Reality Pro is expected to become one of the most powerful XR headphones. Capitalizing on Apple’s hotspot, the AR project OVR has launched an App Store Giveaway promotion that will take place between May 22 and June 9. The CEO will give a speech at Web3 Live London on June 1. OVR quickly climbed to first place on Coingecko’s Top Trending Cryptocurrencies list, with its price experiencing a more than 150% increase in the past week and a 50% increase in the past 24 hours.

18.Google Trends — Global

Bitget Research: Hong Kong Likely to Allow Retail Investors to Trade Cryptocurrencies, Boosting the Rise of Hong Kong-Related Tokens image 34
Bitget Research: Hong Kong Likely to Allow Retail Investors to Trade Cryptocurrencies, Boosting the Rise of Hong Kong-Related Tokens image 35

Bitcoin (Token) — The price of Bitcoin remains stable at around $27,000. With the waning popularity of BRC20, Bitcoin lacks new narratives and price catalysts. Simultaneously, given the unstable external environment, traders are waiting for the latest developments on the US debt ceiling impasse. Bitcoin has been relatively stable recently.

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

Bitget Research: Hong Kong Likely to Allow Retail Investors to Trade Cryptocurrencies, Boosting the Rise of Hong Kong-Related Tokens image 36
Bitget Research: Hong Kong Likely to Allow Retail Investors to Trade Cryptocurrencies, Boosting the Rise of Hong Kong-Related Tokens image 37

a) South Asia Region

India Trending Tokens: gmt

Pakistan Trending Keywords: btc to usdt, top 10 crypto exchanges

b) Southeast Asia Region

Indonesia Trending Keywords: crypto news, poocoin, learn crypto

Malaysia Trending Keywords: crypto exchange, bybit, huobi

Thailand Trending Keywords: crypto bubbles

Philippines Trending Keywords: pi, btc, okb

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

Trending Keywords: crypto news

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

Bitget Research: Hong Kong Likely to Allow Retail Investors to Trade Cryptocurrencies, Boosting the Rise of Hong Kong-Related Tokens image 38
Bitget Research: Hong Kong Likely to Allow Retail Investors to Trade Cryptocurrencies, Boosting the Rise of Hong Kong-Related Tokens image 39

a) CIS Region

Trending Keywords: crypto pro, crypto bubbles, dune

b) English-speaking Countries

Canada Trending Tokens: dot, req, btc, pi, shib

UK Trending Tokens: tonic, rndr

USA Trending Tokens: jesus, arpa

Australia Trending Tokens: floki, easy, ladys, neo, cfx

c) Europe

Poland Trending Keywords: zonda, ergo, shib, eth

Germany Trending Keywords: bit global crypto leaders, crypto shards

France Trending Tokens: trx, arpa, bob, ftm, fet

Italy Trending Tokens: ada, cfx

Turkey Trending Keywords: crypto royal, vbet crypto

Spain Trending Tokens: polis, gmx, shib

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

Bitget Research: Hong Kong Likely to Allow Retail Investors to Trade Cryptocurrencies, Boosting the Rise of Hong Kong-Related Tokens image 40
Bitget Research: Hong Kong Likely to Allow Retail Investors to Trade Cryptocurrencies, Boosting the Rise of Hong Kong-Related Tokens image 41

a) Africa

Trending Keywords: crypto market cap, binance, crypto bubbles, hotbit, cex meaning in crypto

b) Middle East

Trending Keywords: dmcc crypto, bitcoin, coinmarketcap

c) Latin America

Brazil Trending Tokens: bob, aave

Argentina Trending Keywords: coinmarketcap, shiba inu

Mexico Trending Keywords: render token crypto

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