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Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days

Bitget Research
2023/12/04
Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days

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:

ORDI (Token) - Over the weekend, following the accelerated rise of BTC, the leading BRC-20 asset of the BTC ecosystem, ORDI, doubled in value over two days. The rise of ORDI also stimulated the growth of similar assets in the sector, indicating positive momentum in the BTC ecosystem. ORDI was listed on Bitget in May this year and has achieved an increase of more than 10x from its low point.
WISDOM (Token) - A memecoin, which had its TGE on a DEX yesterday. After its launch, it quickly pumped and then plummeted nearly to zero value. Today, it saw another surge, achieving all its gains in a single candlestick. Dex trader participation in the token's rise was minimal. The project team highly controls the token's trend, necessitating caution regarding market risks.
GFY (Token) - During a recent show appearance, Elon Musk used profanity in response to not accepting advertiser demands, leading to the creation of a community memecoin. The project currently has over US$500,000 liquidity pools on DEXs, with a 24-hour trading volume of US$3.72 million.
MUBI (Token) - A trending project, MUBI primarily facilitates cross-chain transactions between BRC-20 and ERC-20 tokens. The project conducted its IDO on Bounce and received official comments from DWF Labs. The project's approach is well-targeted due to the high demand for BRC-20 tokens. MUBI has an open-source contract, with a 24-hour trading volume of approximately US$3.3 million and a market cap of US$37 million. It is advisable to keep this token on your radar.
LINK (Token) - LINK's trading activity has recently increased. As per recent Coinglass data, several of Grayscale's cryptocurrency trust products have exhibited significant premiums. The premium rate for the LINK (Chainlink) Trust reached 200%. LINK token has maintained a long-standing position at the forefront of the Nansen Smart Money Inflow List.
xPet (Token) - A SocialFi project on the Arbitrum chain, with gameplay similar to Fren Pet, requiring players to feed, accompany, and ensure the survival of their pets, thereby helping them earn token rewards. Unlike Fren Pet's "main screen" gameplay, xPET operates through a browser plugin, enabling greater interaction possibilities with Twitter.
ARB (Token) - ARB is the native token of the Arbitrum chain. Previously, due to extensive token promotions on Arbitrum, many projects in the Arbitrum ecosystem hold ARB. These projects have attracted users through ARB airdrop promotions. Previously, a perception of excessive airdrop shares led to a decline in the token's secondary marke t price. Recently, the price has started to rise again. Currently trading at US$1.12, ARB's contract and spot variants are available on Bitget.

2.Popular NFTs:

Pudgy Penguins (NFT) - Last month, Pudgy Penguins CEO Luca Netz announced that the NFT project will launch two different arcade games in 2024, one of which is a crane-style game. The NFTs have recently seen a notable rise in value and an increase in trading volume. It is advisable to keep this project on your radar.
!fundrop Finale ID (NFT) - The NFT mint aggregator mint.fun has announced the conclusion of the !fundrop event. Currently, !fundrop Pass holders are allowed to mint !fundrop Finale IDs on Base. The attributes of these IDs are generated based on points, streaks, and level achievements. Since the commencement of !fundrop, over 513,547 people have minted the !fundrop Pass, and more than 382 ETH in rewards have been distributed.

3.Popular DApps:

Banana Gun (DApp) - The project is a Telegram Bot that helps users trade on DEXs. BananaGun's official announcement states that the protocol's tota l trading volume has reached US$388 million, ranking second in the BOT sector. Concurrently, the on- chain trading volume for its token hit a record high of US$8.65 million in one day, yielding 28 ETH in fees.
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.
TinyTap (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.
Hooked Pickaxe (DApp) - Hooked Protocol aims to establish a community-driven social network with a tokenomics design. Recently, it initiated the opBNB mainnet launch and the Hooked staking program. It has also launched a US$50 million Web3 education ecosystem fund to promote the development of HOOK2.0.
Meta Force (DApp) - This is a project that has previously conducted NFT sales. The on-chain data is still relatively active, with numerous operations such as buying tokens with DAI and "Registration" taking place. The project operates on an invitation-only basis where the inviter receives a purchase reward from the invitee, which carries the characteristics of pyramid selling (MLM). Participation is not recommended.
Smart Cats (DApp) - An application associated with SmartLayer. The NFTs issued by the project currently has over 800,000 holders. By feeding and cleaning Smart Cats, the NFTs can be upgraded. The high trading volume of the NFTs is driven by users' anticipation of future airdrops from SmartLayer.
Orbiter Finance (DApp) - Orbiter is a renowned cross-chain bridge project leveraging ZK technology to accelerate cross-chain operations. It has technical advantages, offering relatively lower costs compared to other cross-chain bridge projects. Additionally, it serves as an important on-chain analytical tool, providing fundamental data about various DApps and Layer 2 situations on its official website. The project has not launched its token yet, making it essential to stay updated.
Dmail (DApp) - Dmail is a mail application based on Web 3.0 and Dfinity technology, integrating NFT functionality and distributed storage, with each account itself being an NFT. This project aims to bridge the gap between traditional email systems and blockchain-based email systems, thereby lowering the barrier for users and developers to engage with the crypto world. The design philosophy of Dmail is to make the use of blockchain technology as simple and intuitive as using the internet.
Rarible (DApp) - In November, the NFT trading marketplace Rarible announced the launch of a turnkey marketplace solution, specifically tailored for both Web2 and Web3 brands. Built on the Rarible API, RaribleX is designed to assist brands and creators in launching their digital products.
Galxe (DApp) - Galxe supports a variety of data sources, including both on-chain and off-chain. For on-chain credentials, curators can contribute through subgraph queries or static snapshots. For off-chain credentials, Project Galaxy has integrated with platforms like Snapshot.org, Twitter, and Github. This support for diverse data sources enables Project Galaxy to more broadly collect and utilize data.
Aerodrome (DApp) - Aerodrome is an emerging automated market maker (AMM) protocol aimed to become the central liquidity hub for Coinbase's Layer 2 chain, Base. Aerodrome's design is inspired by the Velodrome V2 model to incentivize liquidity on the protocol. Despite past collaborations, Aerodrome operates independently of Velodrome. AERO, Aerodrome's utility and governance token, allows holders to lock their tokens and receive veAERO NFTs and voting power based on the lock-up period. Yesterday, both Velodrome and its forked protocol Aerodrome suffered front-end attacks, with the official recommendation being to avoid interactions for the time being.
StarkEx (DApp) - The Starknet Foundation confirmed screenshots showing draft airdrop plans and announced that snapshot for the airdrop has already been taken. Plans are currently underway to distribute tokens to certain active past users and contributors. The eligibility cutoff date for the airdrop has been set, and no actions by users after this date will affect their eligibility for future airdrops. The foundation also stated that it will share finalized official standards and detailed information regarding the airdrop distribution in due course.

4.Twitter Hot Topics:

EDU (Token) - Recently, Animoca Brands officially announced plans to purchase additional EDU tokens from the open market. The company believes that the EDU token and the work of Open Campus and partners have significant potential to incentivize the creation of high-quality educational content and drive greater adoption of blockchain technology among educators.

5.Regional Trending Searches:

Bitcoin (Token) - Bitcoin broke through the US$40,000 mark, maintaining a continuous upward trend. Alongside Bitcoin, the overall cryptocurrency market is also experiencing a rise, indicating a positive trajectory.

Main Body

Written by: Bitget Research
Data collection time: December 4, 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

Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 0
ORDI (Token) - Over the weekend, following the accelerated rise of BTC, the leading BRC-20 asset of the BTC ecosystem, ORDI, doubled in value over two days. The rise of ORDI also stimulated the growth of similar assets in the sector, indicating positive momentum in the BTC ecosystem. ORDI was listed on Bitget in May this year and has achieved an increase of more than 10x from its low point.

2.Blockchain Profile - ETH Chain

2.1 User Profile

2.1.1 Core Data
Total active users on ETH: 389,758
New active users on ETH: 71,330, with a daily increase of 1.94%
Existing active users on ETH: 318,428, with a daily increase of 0.97%
2.1.2 New User Profile
Core data: There were a total of 71,330 new active users on ETH yesterday, with a daily increase of 1.94%
Popular Sectors
Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 1
Popular Projects
Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 2
Key Projects:
Banana Gun (DApp) - The project is a Telegram Bot that helps users trade on DEXs. BananaGun's official announcement states that the protocol's total trading volume has reached US$388 million, ranking second in the BOT sector. Concurrently, the on-chain trading volume for its token hit a record high of US$8.65 million in one day, yielding 28 ETH in fees.
2.1.3 Existing User Profile
Core data: The number of ETH active existing users is 318,428, with a daily increase of 0.97%
Popular Sectors
Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 3
Popular Projects
Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 4
Key Projects:
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.

2.2 Popular Trading Pairs

2.2.1 Uniswap V2
Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 5
WISDOM (Token) - A memecoin, which had its TGE on a DEX yesterday. After its launch, it quickly pumped and then plummeted nearly to zero value. Today, it saw another surge, achieving all its gains in a single candlestick. Dex trader participation in the token's rise was minimal. The project team highly controls the token's trend, necessitating caution regarding market risks.
GFY (Token) - During a recent show appearance, Elon Musk used profanity in response to not accepting advertiser demands, leading to the creation of a community memecoin. The project currently has over US$500,000 liquidity pools on DEXs, with a 24-hour trading volume of US$3.72 million.
2.2.2 Uniswap V3
Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 6
MUBI (Token) - A trending project, MUBI primarily facilitates cross-chain transactions between BRC-20 and ERC-20 tokens. The project conducted its IDO on Bounce and received official comments from DWF Labs. The project's approach is well-targeted due to the high demand for BRC-20 tokens. MUBI has an open-source contract, with a 24-hour trading volume of approximately US$3.3 million and a market cap of US$37 million. It is advisable to keep this token on your radar.

2.3 Popular NFTs

2.3.1 Top NFT Collections
Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 7
Pudgy Penguins (NFT) - Last month, Pudgy Penguins CEO Luca Netz announced that the NFT project will launch two different arcade games in 2024, one of which is a crane-style game. The NFTs have recently seen a notable rise in value and an increase in trading volume. It is advisable to keep this project on your radar.

3.Blockchain Profile - BSC

3.1 User Profile

3.1.1 Core Data
Total active users on BSC: 932,260
New active users on BSC: 128,458, with a daily increase of 3.67%
Existing active users on BSC: 803,802, with a daily decrease of 3.92%
3.1.2 New User Profile
Core data: There were a total of 128,458 new active users on BSC yesterday, with a daily increase of 3.67%
Popular Sectors
Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 8
Popular Projects
Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 9
Key Projects:
TinyTap (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 803,802, with a daily decrease of 3.92%
Popular Sectors
Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 10
Popular Projects
Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 11
Key Projects:
Hooked Pickaxe (DApp) - Hooked Protocol aims to establish a community-driven social network with a tokenomics design. Recently, it initiated the opBNB mainnet launch and the Hooked staking program. It has also launched a US$50 million Web3 education ecosystem fund to promote the development of HOOK2.0.

3.2 Popular Trading Pairs

3.2.1 PancakeSwap V2
Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 12
Grok X (Token) - Grok X is a replica project of Grok on BSC. It currently poses a high risk and has nearly reached zero value. Participation in this project is not recommended.

4.Blockchain Profile - Polygon Chain

4.1 User Profile

4.1.1 Core Data
Total active users on Polygon: 381,590
New active users on Polygon: 57,877, with a daily decrease of 27.60%
Existing active users on Polygon: 323,713, with a daily decrease of 1.60%
4.1.2 New User Profile
Core data: There were a total of 57,877 new active users on Polygon yesterday, with a daily decrease of 27.60%
Popular Sectors
Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 13
Popular Projects
Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 14
Key Projects:
Meta Force (DApp) - This is a project that has previously conducted NFT sales. The on-chain data is still relatively active, with numerous operations such as buying tokens with DAI and "Registration" taking place. The project operates on an invitation-only basis where the inviter receives a purchase reward from the invitee, which carries the characteristics of pyramid selling (MLM). Participation is not recommended.
4.1.3 Existing User Profile
Core Data: The number of Polygon active existing users is 323,713, with a daily decrease of 1.60%
Popular Sectors
Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 15
Popular Projects
Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 16
Key Projects:
Smart Cats (DApp) - An application associated with SmartLayer. The NFTs issued by the project currently has over 800,000 holders. By feeding and cleaning Smart Cats, the NFTs can be upgraded. The high trading volume of the NFTs is driven by users' anticipation of future airdrops from SmartLayer.

4.2 Popular Trading Pairs

4.2.1 Uniswap V3
Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 17
LINK (Token) - LINK's trading activity has recently increased. As per recent Coinglass data, several of Grayscale's cryptocurrency trust products have exhibited significant premiums. The premium rate for the LINK (Chainlink) Trust reached 200%. LINK token has maintained a long-standing position at the forefront of the Nansen Smart Money Inflow List.

5.Blockchain Profile - Arbitrum Chain

5.1 User Profile

5.1.1 Core Data
Total Active Users on Arbitrum: 147,848
New Active Users on Arbitrum: 21,583, with a daily increase of 9.65%
Existing Active Users on Arbitrum: 126,265, with a daily decrease of 7.63%
5.1.2 New User Profile
Core data: There were a total of 21,583 new active users on Arbitrum yesterday, with a daily increase of 9.65%
Popular Sectors
Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 18
Popular Projects
Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 19
Key Projects:
xPet (Token) - A SocialFi project on the Arbitrum chain, with gameplay similar to Fren Pet, requiring players to feed, accompany, and ensure the survival of their pets, thereby helping them earn token rewards. Unlike Fren Pet's "main screen" gameplay, xPET operates through a browser plugin, enabling greater interaction possibilities with Twitter.
5.1.3 Existing User Profile
Core data: The number of Arbitrum active existing users is 126,265, with a daily decrease of 7.63%
Popular Sectors
Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 20
Popular Projects
Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 21
Key Projects:
Orbiter Finance (DApp) - Orbiter is a renowned cross-chain bridge project leveraging ZK technology to accelerate cross-chain operations. It has technical advantages, offering relatively lower costs compared to other cross-chain bridge projects. Additionally, it serves as an important on-chain analytical tool, providing fundamental data about various DApps and Layer 2 situations on its official website. The project has not launched its token yet, making it essential to stay updated.

5.2 Popular Trading Pairs

5.2.1 Uniswap V3
Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 22
ARB (Token) - ARB is the native token of the Arbitrum chain. Previously, due to extensive token promotions on Arbitrum, many projects in the Arbitrum ecosystem hold ARB. These projects have attracted users through ARB airdrop promotions. Previously, a perception of excessive airdrop shares led to a decline in the token's secondary market price. Recently, the price has started to rise again. Currently trading at US$1.12, ARB's contract and spot variants are available on Bitget.

6.Blockchain Profile - Base Chain

6.1 User Profile

6.1.1 Core Data
Total Active Users on Base: 74,575
New Active Users on Base: 12,417, with a daily increase of 1.90%
Existing Active Users on Base: 62,158, with a daily decrease of 16.11%
6.1.2 New User Profile
Core data: There were a total of 12,417 new active users on Base yesterday, with a daily increase of 1.90%
Popular Sectors
Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 23
Popular Projects
Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 24
Key Projects:
!fundrop Finale ID (NFT) - The NFT mint aggregator mint.fun has announced the conclusion of the !fundrop event. Currently, !fundrop Pass holders are allowed to mint !fundrop Finale IDs on Base. The attributes of these IDs are generated based on points, streaks, and level achievements. Since the commencement of !fundrop, over 513,547 people have minted the !fundrop Pass, and more than 382 ETH in rewards have been distributed.
6.1.3 Existing User Profile
Core data: The number of Base active existing users is 62,158, with a daily decrease of 16.11%
Popular Sectors
Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 25
Popular Projects
Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 26
Key Projects:
Dmail (DApp) - Dmail is a mail application based on Web 3.0 and Dfinity technology, integrating NFT functionality and distributed storage, with each account itself being an NFT. This project aims to bridge the gap between traditional email systems and blockchain-based email systems, thereby lowering the barrier for users and developers to engage with the crypto world. The design philosophy of Dmail is to make the use of blockchain technology as simple and intuitive as using the internet.

7. DApp Ecosystem - All Chains

Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 27
Rarible (DApp) - In November, the NFT trading marketplace Rarible announced the launch of a turnkey marketplace solution, specifically tailored for both Web2 and Web3 brands. Built on the Rarible API, RaribleX is designed to assist brands and creators in launching their digital products.

8.DApp Ecosystem - ETH Chain

Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 28
Blast (DApp) - The Layer 2 network Blast, launched by Blur's founder Pacman, currently holds a total asset value of over US$700 million in its contract address. The two largest assets are ETH and USDC, valued at US$620 million and US$88 million, respectively. The network has attracted funds from 62,960 addresses.

9.DApp Ecosystem - BSC

Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 29
Galxe (DApp) - Galxe supports a variety of data sources, including both on-chain and off-chain. For on-chain credentials, curators can contribute through subgraph queries or static snapshots. For off-chain credentials, Project Galaxy has integrated with platforms like Snapshot.org, Twitter, and Github. This support for diverse data sources enables Project Galaxy to more broadly collect and utilize data.

10.DApp Ecosystem - Polygon Chain

Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days 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: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 31
There are currently no new notably popular projects on WAX.

12.DApp Ecosystem - Solana Chain

Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 32
Jito (DApp) - Jito, a Solana ecosystem liquidity staking protocol, has announced the launch of its governance token, JTO, with the aim of "enabling community members to directly influence the decisions and direction of the Jito Network." Initially, 115 million JTOs will be circulated. Approximately 34% of the tokens are allocated for community growth, 25% for ecosystem development, 24.5% to core contributors, 16% to investors, and 10% will be "airdropped to members of the Jito community."

13.DApp Ecosystem - Arbitrum Chain

Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 33
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.

14.DApp Ecosystem - Base Chain

Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 34
Aerodrome (DApp) - Aerodrome is an emerging automated market maker (AMM) protocol aimed to become the central liquidity hub for Coinbase's Layer 2 chain, Base. Aerodrome's design is inspired by the Velodrome V2 model to incentivize liquidity on the protocol. Despite past collaborations, Aerodrome operates independently of Velodrome. AERO, Aerodrome's utility and governance token, allows holders to lock their tokens and receive veAERO NFTs and voting power based on the lock-up period. Yesterday, both Velodrome and its forked protocol Aerodrome suffered front-end attacks, with the official recommendation being to avoid interactions for the time being.

15.DApp Ecosystem - GameFi Sector Across All Chains

Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 35
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.

16.Gas Fee Consumption - ETH Chain

Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 36
StarkEx (DApp) - The Starknet Foundation confirmed screenshots showing draft airdrop plans and announced that snapshot for the airdrop has already been taken. Plans are currently underway to distribute tokens to certain active past users and contributors. The eligibility cutoff date for the airdrop has been set, and no actions by users after this date will affect their eligibility for future airdrops. The foundation also stated that it will share finalized official standards and detailed information regarding the airdrop distribution in due course.

17.Gas Fee Consumption - BSC

Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 37
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. Furthermore, PancakeSwap plans to automate liquidity provision, introduce veCAKE for governance voting, and integrate a notification system. It also plans to increase prediction fees through multi-chain expansion, reduce the maximum supply of CAKE, restore trading competitions, and explore partnerships with asset-backed protocols and expansion into GameFi platforms.

18.Gas Fee Consumption - Polygon Chain

Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 38
QuickSwap (DApp) - QuickSwap is a 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: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 39
Vertex (DApp) - Vertex is a decentralized exchange (DEX) protocol based on Arbitrum, offering cross- margin trading services. It integrates spot, perpetual contracts, and money market applications. It recently completed its TGE. The platform has a 24-hour trading volume of US$40 million and an open interest volume of US$16 million.

20.Gas Fee Consumption - Base Chain

Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 40
Soswap (DApp) - RAI Finance's product that participated in the Base Onchain Summer event. Soswap, one of RAI Finance's decentralized financial products on Base, was launched on Base on August 9.

21.Top Trending Tokens on Twitter

Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 41
EDU (Token) - Recently, Animoca Brands officially announced plans to purchase additional EDU tokens from the open market. The company believes that the EDU token and the work of Open Campus and partners have significant potential to incentivize the creation of high-quality educational content and drive greater adoption of blockchain technology among educators.

22.Google Trends - Global

Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 42
Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 43
Bitcoin (Token) - Bitcoin broke through the US$40,000 mark, maintaining a continuous upward trend. Alongside Bitcoin, the overall cryptocurrency market is also experiencing a rise, indicating a positive trajectory.

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

Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 44
Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 45
a) South Asia Region
India Trends: ETH, Ordinals, tuzona, baby doge
Pakistan Trends: crypto screener, forex factory, bitcoin
b) Southeast Asia Region
Malaysia Trends: tradingview, coinmarketcap
Thailand Trends: crypto bubbles, coinmarket cap
Singapore Trends: crypto market cap, dogecoin
c) East Asia and Hong Kong, Macau, and Taiwan
Trends: mzdao, crypto hk

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

Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 46
Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 47
a) CIS Region Trends: crypto bubbles, crypto fundraising
b) English-speaking Countries
Australia Trends: luna classic, crypto bubble, link, ordi, pyr, bittime
UK Trends: superfarm, lunc, pyr, kaspa
USA Trends: bone shiba, titanx, luna, ben armstrong, ustc, grt
Canada Trends: luna classic, etherscan, newton crypto, btc
c) Europe
France Trends: nxra, wall street memes, super
Poland Trends: ethereum, okx, kursy, sol
Switzerland Trends: cardano, karken, tao, solana
Turkey Trends: crypto royale, coinmarketcap
Germany Trends: btc, infinity crypto, shiba inu, tao
Italy Trends: bnb, filecoin, xrp, sui, lunc

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

Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 48
Bitget Research: BTC Breaks Through US$40,000, ORDI Price Doubles in Two Days image 49
a) Africa
South Africa Trends: coinmarketcap, pepe, xrp
Nigeria Trends: bull run in crypto, coinmarketcap
b) Middle East
UAE Trends: coinbase, iota
c) Latin America
Brazil Trends: ethereum hoje, bitcoin, ethereum
Argentina Trends: tron, solana, chileno, cake, yfi

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