Bitget Research Institute: GBTC’s net outflow caused the market to fall, and the Inscription sector bucked the trend and rebounded

In the past 24 hours, many new popular currencies and topics have emerged in the market. Perhaps they will be the next market focus.

Written by: Bitget Research Institute

In conclusion

**1. Popular currencies: **

MICE (Token): The BRC-20 token named after mouse led the inscription sector upward yesterday, rising nearly 60% in 24 hours. The token is currently retraced and may rise again. The token has been listed on bitget.

TROLL (Token): A meme coin generated by Elon Musk’s recent change of Twitter’s bio to “Chief Troll Officer”. The token has been rising continuously since its creation. Currently, there have been nearly 5,000 transactions on DEX, with a transaction amount of 15 million US dollars. A trader spent US$30,000 to purchase 80.77 trillion TROLL, currently worth US$2.79 million, with a good wealth effect.

METIS (Token): Metis is expected to become the first decentralized Optimistic Rollup sequencer early next year, and the distribution of the US$100 million ecosystem fund will take place one week after the Metis decentralized sequencer is expected to go online. METIS’s TVL and currency price have both surged recently.

BabyDragon (Token): Positioned as the strongest meme coin in 2024, investors’ interests are given priority. There is a 5%/5% trading tax rate for project tokens. The current trading volume of tokens on DEX is US$710,000, with 3,000 transactions and 1,571 independent participating addresses. The community consensus of the project is still in the process of being formed. The total market value of the token is only 2.8 million US dollars. The token trend is good and you can continue to pay attention.

PENDLE (Token): Pendle announced that it has entered the re-pledged LRTfi track. Users can use LRT liquidity to re-pledge tokens to earn more income or make more defi uses. The token fluctuated downward over the weekend, and there is good room for growth in the Cancun upgrade narrative stage.

**2. Popular NFT aspects: **

Node Monkes (NFT): NFT of the Bitcoin ecosystem, PFP series based on the Ordinals protocol. The NFT of NodeMonkes Honoraries was recently auctioned at Sotheby’s. It has generated 38 bids and is valued at 6,500 USD. This operation plan has brought good traffic to the project side. The trading volume and wealth effect of its issued NFT on magicden have recently increased. .

**3. Popular DAPP aspects: **

Tether (Dapp): Tether issued an additional US$1 billion of USDT on Ethereum and Tron last week, representing an increase in demand for funds flowing into the crypto market from the traditional market. Tether’s share of the global stablecoin supply grew from 50% to 71% during 2023, accounting for two-thirds of the stablecoin supply. Currently, the company has issued 95 billion USDT, a record high.

Memecoin (Dapp): Farming’s reward certification event has recently been launched. Users need to deposit at least 69 $MEME tokens in participating wallets to pass real-person verification. Therefore, there is more transfer information on the chain, and community users are more willing to participate in Farming reward claims.

QnA3.AI (Dapp): Web3 knowledge sharing platform based on AI, which has received widespread attention from players on the BNB chain. The project currently has a data mining mode. Users can join and use the idle computing resources on their devices to perform data cleaning and data capture on large models, and provide point rewards for users who contribute computing power.

Hooked Pickaxe (Dapp): Hooked Protocol aims to solve the main challenges facing Web3 adoption, such as low user motivation, high barriers to entry, and lack of Web3 education. The project encourages users to start their Web3 journey by providing a gamified learning experience and incentive mechanism.

Turnup (Dapp): Web3 Social Gaming Eco, the transaction data on the chain continues to increase, and it ranks among the top daily active users of Polygon Dapp. The project team promised on Twitter that when it reaches the top 1 daily active, it will conduct an AMA with Polygon Founder - Sandeep Nailwal.

SmartCat (Dapp): The NFT project launched by Smart Layer is very popular on the chain. Users can interact with SmartCat NFT such as Feed and Clean, and the interaction is extremely active. SmartLayer officially issued “Airdrop Confirmed”, indicating that airdrop and TGE are approaching.

Orbiter Finance (Dapp): The well-known cross-chain bridge project zk technology accelerates cross-chain operations and has technical advantages. The cost of cross-chain has a comparative advantage compared to other cross-chain bridge projects. At the same time, the project is also an important on-chain analysis tool. The fundamentals of some Dapps and Layer 2 can be found on their official website. The project recently announced that it will launch its native token this year and gradually announce the token economy and distribution plan to ensure a fair process.

Odos (Dapp): Odos Protocol is the first Dex aggregator that allows users to exchange multiple tokens into one asset in a single atomic transaction, which can easily convert a basket of input tokens into the desired output in one go , thus saving gas costs and limiting market volatility.

Dmail (Dapp): Dmail is an email application based on Web3.0 and Dfinity technology. It integrates NFT functionality and distributed storage. Each account itself is an NFT. This project aims to eliminate the differences between traditional email systems and blockchain-based email systems, thereby lowering the barriers for users and developers to participate in the crypto world. Dmail is designed to make using blockchain technology as easy and intuitive as the Internet.

Jupiter Exchange (Dapp): Jupiter co-founder Meow said that it plans to conduct an airdrop of JUP tokens at the end of January. 10% will be withdrawn from the team wallet to provide liquidity, and 15% will be withdrawn from the community wallet for the first airdrop and early stage. Based on the needs of community activities, it is expected that on the first day of JUP’s creation, 15%-17.5% of the tokens will enter circulation, 10%-7.5% of the tokens will be in hot wallet storage, and 75% of the tokens will be in cold wallet storage.

Gas Hero (Dapp): Gas Hero is a Web3 social and strategy game developed by the former StepN team. Unlike traditional games, Gas Hero places a strong emphasis on game theory, providing players with richer strategies, and utilizes a decentralized trading platform to maximize the transparency of on-chain data. The game has just been launched, and NFT transactions in the game are quite popular.

Wormhole (Dapp): Cross-chain infrastructure Wormhole announced the launch of Wormhole Queries, a cross-chain instant data retrieval service, allowing application developers to extract any on-chain data on demand. Wormhole said that compared to the push model, Queries provides a latency of less than 1 second and can reduce gas fees by 84%. The project has not issued coins yet, so you can continue to pay attention.

Fren Pet (Dapp): A new NFT project on the Base chain, a friend’s pet series NFT. Fren Pet is a full-chain pet raising game inspired by friend.tech and jointly developed by Adam (@surfcoderepeat) and Cadu (@cadu_veloso). Some KOLs have been vigorously promoting it on social media. At present, the stability of Dapp operation is average. There have been downtimes but they will be repaired quickly. You can continue to pay attention.

4.Twitter Hot Discussions:

TIA (Token): TIA recently broke through the all-time high and reached 20 US dollars. As a well-known DA layer project, it is currently generally considered to be the most likely blockchain project to challenge Ethereum.

**5. Regional hot searches: **

XAI (Token): Xai partners with several important entities in the technology and gaming fields, including Offchain Labs (the developer of Arbitrum) and multiple game publishing and development companies. These collaborations aim to leverage blockchain technology to revolutionize game distribution and enhance player experience.

Text

Written by: Bitget Research Institute

Data statistics time: January 15, 10:30

Data source: Dune, Dapps, Twitter, Google

illustrate:

1) Newly added active users: refers to the wallet addresses newly generated in the public chain in the past 24 hours and having interactive behaviors on the chain

2) Existing active users: refers to wallet addresses that were generated on the public chain 24 hours ago but have interacted with the chain in the past 24 hours

3）Dapp Nikkatsu (UAW: unique active wallets)

4）TGE (Token Generation Event)

5) Entity in the report is the collective name for contract accounts (CA) and Ethereum original accounts (EOA), and is not the result of aggregation of entity addresses

1.BTC Image - BRC20

MICE (Token): The BRC-20 token named after mouse led the inscription sector upward yesterday, rising nearly 60% in 24 hours. The token is currently retraced and may rise again. The token has been listed on bitget.

2. Public chain portrait-ETH public chain

2.1 User portrait

2.1.1 Core Data

Total number of active ETH users: 334,691

Number of new active users of ETH: 74,432 Increase or decrease compared to yesterday: -13.17%

Number of active ETH users: 260,259 Increase or decrease compared to yesterday: -21.80%

2.1.2 Add user portrait

Core data: ETH added 74,432 new active users yesterday, -13.17% compared to yesterday

Popular track conditions

Popular project status

Key projects:

Tether (Dapp): Tether issued an additional US$1 billion of USDT on Ethereum and Tron last week, representing an increase in demand for funds flowing into the crypto market from the traditional market. Tether’s share of the global stablecoin supply grew from 50% to 71% during 2023, accounting for two-thirds of the stablecoin supply. Currently, the company has issued 95 billion USDT, a record high.

2.1.3 Existing user portraits

Core data: There are 260,259 active ETH users, -21.80% compared to yesterday

Popular track conditions

Popular project status

Key projects:

Memecoin (Dapp): Farming’s reward certification event has recently been launched. Users need to deposit at least 69 $MEME tokens in participating wallets to pass real-person verification. Therefore, there is more transfer information on the chain, and community users are more willing to participate in Farming reward claims.

2.2 Popular currency pairs

2.2.1 Uniswap V2

TROLL (Token): A meme coin generated by Elon Musk’s recent change of Twitter’s bio to “Chief Troll Officer”. The token has been rising continuously since its creation. Currently, there have been nearly 5,000 transactions on DEX, with a transaction amount of 15 million US dollars. A trader spent US$30,000 to purchase 80.77 trillion TROLL, currently worth US$2.79 million, with a good wealth effect.

2.2.2 Uniswap V3

METIS (Token): Metis is expected to become the first decentralized Optimistic Rollup sequencer early next year, and the distribution of the US$100 million ecosystem fund will take place one week after the Metis decentralized sequencer is expected to go online. METIS’s TVL and currency price have both surged recently.

2.3 Popular NFT

2.3.1 Top NFT Collection

Node Monkes (NFT): NFT of the Bitcoin ecosystem, PFP series based on the Ordinals protocol. The NFT of NodeMonkes Honoraries was recently auctioned at Sotheby’s. It has generated 38 bids and is valued at 6,500 USD. This operation plan has brought good traffic to the project side. The trading volume and wealth effect of its issued NFT on magicden have recently increased. .

3. Public chain portrait-BSC public chain

3.1 User portrait

3.1.1 Core Data

Total BSC active users: 1,224,000

Number of new active users of BSC: 183,105 Increase or decrease compared to yesterday: -0.74%

Number of active BSC users: 1,040,895 Increase or decrease compared to yesterday: -4.64%

3.1.2 Add user portrait

Core data: BSC added 183,105 new active users yesterday, -0.74% compared to yesterday

Popular track conditions

Popular project status

Key projects:

QnA3.AI (Dapp): Web3 knowledge sharing platform based on AI, which has received widespread attention from players on the BNB chain. The project currently has a data mining mode. Users can join and use the idle computing resources on their devices to perform data cleaning and data capture on large models, and provide point rewards for users who contribute computing power.

3.1.3 Existing user portraits

Core data: BSC has 1,040,895 existing active users, -4.64% compared to yesterday

Popular track conditions

Popular project status

Key projects:

Hooked Pickaxe (Dapp): Hooked Protocol aims to solve the main challenges facing Web3 adoption, such as low user motivation, high barriers to entry, and lack of Web3 education. The project encourages users to start their Web3 journey by providing a gamified learning experience and incentive mechanism.

3.2 Popular currency pairs

3.2.1 PancakeSwap V2

BabyDragon (Token): Positioned as the strongest meme coin in 2024, investors’ interests are given priority. There is a 5%/5% trading tax rate for project tokens. The current trading volume of tokens on DEX is US$710,000, with 3,000 transactions and 1,571 independent participating addresses. The community consensus of the project is still in the process of being formed. The total market value of the token is only 2.8 million US dollars. The token trend is good and you can continue to pay attention.

4. Public chain portrait-Polygon public chain

4.1 User portrait

4.1.1 Core Data

Total Polygon active users: 528,987

Number of new active users of Polygon: 78,512 Increase or decrease compared to yesterday: -24.95%

Number of existing active Polygon users: 450,475 Increase or decrease compared to yesterday: -5.47%

4.1.2 Add user portrait

Core data: Polygon added 78,512 new active users yesterday, -24.95% compared to yesterday

Popular track conditions

Popular project status

Key projects:

Turnup (Dapp): Web3 Social Gaming Eco, the transaction data on the chain continues to increase, and it ranks among the top daily active users of Polygon Dapp. The project team promised on Twitter that when it reaches the top 1 daily active, it will conduct an AMA with Polygon Founder - Sandeep Nailwal.

4.1.3 Existing user portraits

Core data: Polygon has 450,475 active users, -5.47% compared to yesterday

Popular track conditions

Popular project status

Key projects:

SmartCat (Dapp): The NFT project launched by Smart Layer is very popular on the chain. Users can interact with SmartCat NFT such as Feed and Clean, and the interaction is extremely active. SmartLayer officially issued “Airdrop Confirmed”, indicating that airdrop and TGE are approaching.

4.2 Popular currency pairs

4.2.1 Uniswap V3

There are currently no new hot tokens on Polygon DEX.

5. Public chain portrait - Arbitrum public chain

5.1 User portrait

5.1.1 Core Data

Total Arbitrum active users: 138,077

Number of new active users of Arbitrum: 23,956 Increase or decrease compared to yesterday: -16.99%

Number of existing active users of Arbitrum: 114,121 Increase or decrease compared to yesterday: -20.47%

5.1.2 Add user portrait

Core data: Arbitrum added 23,956 new active users yesterday, -16.99% compared to yesterday

Popular track conditions

Popular project status

Key projects:

Orbiter Finance (Dapp): The well-known cross-chain bridge project zk technology accelerates cross-chain operations and has technical advantages. The cost of cross-chain has a comparative advantage compared to other cross-chain bridge projects. At the same time, the project is also an important on-chain analysis tool. The fundamentals of some Dapps and Layer 2 can be found on their official website. The project recently announced that it will launch its native token this year and gradually announce the token economy and distribution plan to ensure a fair process.

5.1.3 Existing user portraits

Core data: Arbitrum has 114,121 active users, -20.47% compared to yesterday

Popular track conditions

Popular project status

Key projects:

XAI (Token): XAI is a Layer 3 game public chain directly supported and assisted by Offchain Labs, the development team behind Arbitrum. It was launched through Binance Launchpool and is currently open for trading on multiple exchanges. XAI conducted a large number of airdrops to the community, accounting for 5% of the total supply, totaling 125 million pieces. Among them, Vanguard NFT holders can receive 1,307 XAI per NFT, Legendary NFT holders can receive 290 XAI per NFT, and Sentry Node Operators will receive 1,658 XAI.

5.2 Popular currency pairs

5.2.1 Uniswap V3

PENDLE (Token): Pendle announced that it has entered the re-pledged LRTfi track. Users can use LRT liquidity to re-pledge tokens to earn more income or make more defi uses. The token fluctuated downward over the weekend, and there is good room for growth in the Cancun upgrade narrative stage.

6. Public chain portrait - Base public chain

6.1 User portrait

6.1.1 Core Data

Base total active users: 60,458

Number of new active users in Base: 8,062 Increase or decrease compared to yesterday: -30.07%

Number of existing active users in Base: 52,396 Increase or decrease compared to yesterday: -17.17%

6.1.2 Add user portrait

Core data: Base added 8,062 new active users yesterday, -30.07% compared to yesterday

Popular track conditions

Popular project status

Key projects:

Odos (Dapp): Odos Protocol is the first Dex aggregator that allows users to exchange multiple tokens into one asset in a single atomic transaction, which can easily convert a basket of input tokens into the desired output in one go , thus saving gas costs and limiting market volatility.

6.1.3 Existing user portraits

Core data: Base has 52,396 active users, -17.17% compared to yesterday

Popular track conditions

Popular project status

Key projects:

Dmail (Dapp): Dmail is an email application based on Web3.0 and Dfinity technology. It integrates NFT functionality and distributed storage. Each account itself is an NFT. This project aims to eliminate the differences between traditional email systems and blockchain-based email systems, thereby lowering the barriers for users and developers to participate in the crypto world. Dmail is designed to make using blockchain technology as easy and intuitive as the Internet.

7.DAPP Ecosystem-All Public Chains

Jupiter Exchange (Dapp): Jupiter co-founder Meow said that it plans to conduct an airdrop of JUP tokens at the end of January. 10% will be withdrawn from the team wallet to provide liquidity, and 15% will be withdrawn from the community wallet for the first airdrop and early stage. Based on the needs of community activities, it is expected that on the first day of JUP’s creation, 15%-17.5% of the tokens will enter circulation, 10%-7.5% of the tokens will be in hot wallet storage, and 75% of the tokens will be in cold wallet storage.

8.DAPP Ecology-ETH Public Chain

0x Protocol (Dapp): The 0x Protocol is an open source, decentralized trading protocol based on Ethereum that allows users to quickly and securely trade Ethereum tokens (ERC-20) and non-conventional tokens on different decentralized exchanges. Qualitative token (NFT, ERC-721 token). Its main role is to provide a standardized platform that allows developers to build efficient decentralized exchanges while optimizing trading efficiency by aggregating liquidity from multiple exchanges.

9.DAPP Ecology-BSC Public Chain

NF (Dapp): NF is the first AI-driven art creation and NFT trading platform that allows users to generate works of art through text prompts and mint them into NFTs, thus giving each user the ability to become an artist and own the work on the chain. ability.

10.DAPP Ecology-Polygon Public Chain

Gas Hero (Dapp): Gas Hero is a Web3 social and strategy game developed by the former StepN team. Unlike traditional games, Gas Hero places a strong emphasis on game theory, providing players with richer strategies, and utilizes a decentralized trading platform to maximize the transparency of on-chain data. The game has just been launched, and NFT transactions in the game are quite popular.

11.DAPP Ecosystem-Solana Public Chain

Wormhole (Dapp): Cross-chain infrastructure Wormhole announced the launch of Wormhole Queries, a cross-chain instant data retrieval service, allowing application developers to extract any on-chain data on demand. Wormhole said that compared to the push model, Queries provides a latency of less than 1 second and can reduce gas fees by 84%. The project has not issued coins yet, so you can continue to pay attention.

12.DAPP Ecosystem-Arbitrum Public Chain

Woofi (Dapp): The defi project launched by the crypto exchange WOO has gained popularity in a short time due to the impact of its plan to repurchase its shares and tokens previously acquired by the hedge fund Three Arrows Capital to “eliminate uncertainty”. to a positive impact.

13.DAPP Ecology-Base Public Chain

Fren Pet (Dapp): A new NFT project on the Base chain, a friend’s pet series NFT. Fren Pet is a full-chain pet raising game inspired by friend.tech and jointly developed by Adam (@surfcoderepeat) and Cadu (@cadu_veloso). Some KOLs have been vigorously promoting it on social media. At present, the stability of Dapp operation is average. There have been downtimes but they will be repaired quickly. You can continue to pay attention.

14.DAPP Ecology-Full Public Chain GameFi Section

Sweat Economy (Dapp): A traditional Web2 project transformed into a Web3 wallet + Move to earn project. It has been downloaded more than 5 million times on Google Play. Through its application Sweat Wallet, users can earn SWEAT tokens through daily exercise.

15. Gas fee consumption-ETH public chain

Maestro (Dapp): As a well-known on-chain bot, Maestro is deeply loved by users in the crypto community. Currently, Maestro’s daily handling fees have increased to an early high, reaching 150,000-200,000 US dollars, maintaining the top spot in the BOT track.

16.Gas consumption situation - BSC public chain

QnA3.AI (Dapp): Web3 knowledge sharing platform based on AI, which has received widespread attention from players on the BNB chain. The project currently has a data mining mode. Users can join and use the idle computing resources on their devices to perform data cleaning and data capture on large models, and provide point rewards for users who contribute computing power.

17.Gas consumption-Polygon public chain

CoinTool (Dapp): A well-known on-chain tool product, currently widely used on Polygon. XEN Batch Minter helps users mint XEN tokens in batches.

18.Gas consumption-Arbitrum public chain

GMX (Dapp): GMX is a decentralized finance (DeFi) trading platform based on Arbitrum and Avalanche, which is specifically focused on providing trading with low slippage and zero price impact. This platform enables users to trade with leverage, earn liquidity provider income, and provide efficient and stable liquidity for trading through its unique multi-asset pool.

19.Gas consumption-Base public chain

Aerodrome finance (Dapp): Aerodrome is an emerging automated market maker (AMM) protocol designed to become the central liquidity hub for Coinbase’s Layer 2 chain Base. Aerodrome’s design draws from the Velodrome V2 model to incentivize liquidity on the protocol. Aerodrome operates independently of Velodrome, although the two have collaborated. Aerodrome’s AERO is a utility and governance token that allows holders to lock the token and receive veAERO NFTs, as well as voting rights based on the lock time.

20.Twitter Trends Token Top Rank

TIA (Token): TIA recently broke through the all-time high and reached 20 US dollars. As a well-known DA layer project, it is currently generally considered to be the most likely blockchain project to challenge Ethereum.

21.Google hot search word cloud-all regions

XAI (Token): Xai partners with several important entities in the technology and gaming fields, including Offchain Labs (the developer of Arbitrum) and multiple game publishing and development companies. These collaborations aim to leverage blockchain technology to revolutionize game distribution and enhance player experience.

22. Google search hot words soared - East Asia, South Asia, Southeast Asia, Hong Kong, Macao and Taiwan

【South Asia】

“India” hot searches: Fantom, Tia, XAI;

“Pakistan” hot searches: XRP, XAI;

【Southeast Asia】

“Malaysia” hot searches: SEI, XRP, SOLANA;

“Philippines” hot searches: Pancake, AI, BNB;

“Singapore” hot searches: Polygon, Celestia, matic, xrp;

“Indonesia” hot searches: XAI, ICP;

[East Asia] Hot searches: osmosis, ibit;

23. Google search hot words soared - English area, Europe, CIS area

【CIS Area】Hot searches:

“Russia” hot searches: Ton, Arkham

“Ukraine” hot searches: XAI, Grass

“Belarus” hot search: Airdrop

【English area】

“United States” hot searches: Tezos, XAI, Myria

“Australia” hot searches: monad, icp, link

“Canada” hot searches: pendle, cardono, chainlink, xai

“UK” hot searches: wif, radix, flux

【European Area】

“Poland” hot searches: aurora, trezor, dash

“France” hot searches: bittensor, jito

“Switzerland” hot searches: xai, btc, xrp

“Türkiye” hot searches: xai, crypto news

“Germany” hot searches: icp, xai, xrp, ada

“Italy” hot searches: shiba inu, centrifuge, beam

“Spain” hot searches: arbitrum, polkaswap, maker, mana

24. Google search hot words soared - Middle East, Latin America, Africa

【African Region】

“Morocco” hot searches: bitcoin, ryanair;

“South Africa” hot search: solana;

【Middle East Region】

“Israel” hot searches: btc, grass;

“UAE” hot search: pi;

“Saudi Arabia” hot search: crypto bubbles;

【Latin America】

“Brazil” hot searches: 1inch, xai, analos;

“Argentina” hot searches: vra, hedera, sol;

Reference link

Dune on-chain data dashboard—public chain portrait:

Dune on-chain data dashboard—Gas consumption: