Bitget Research: Starknet Airdrop Value Surpasses US$2 Billion, Ethereum Breaks US$3k

Announcement posted by Bitget 22 Feb 2024

Bitget Research, 2024/02/21

In the past 24 hours, there have been many new popular tokens and topics emerging in the crypto market, and perhaps they could be the next market spotlight. In today's Bitget Research we cover:

1.Popular Tokens
2.Popular NFTs
3.Popular DApps
4.Twitter Hot Topics
5.Regional Trending Searches

In Summary:

1. Popular Tokens:

STRK (Token) - On February 20, Starknet opened up token claiming for users. According to Voyager, the Starknet blockchain explorer, over 343 million STRK airdrops have already been claimed, which is around 58% of the total airdrop value (approximately US$586 million).

PANDORA (Token) - PANDORA, a leading token based on the ERC404 standard, has shown signs of recovery after several days of pullback. In the past two days, it has rebounded by approximately 36%, with a 24-hour trading volume of US$18.83 million.

PIXEL (Token) - Pixels is a Play2Earn Web3 farming game allowing players to engage in familiar agricultural activities such as planting resources, preparing food, and trading goods. Players have the unique opportunity to own and develop individual farm plots. The project has airdropped tokens to RON stakers and is now listed on major exchanges.

RDNT (Token) - Radiant Capital (RDNT) is an advanced decentralised finance (DeFi) project positioned as a safe and comprehensive cross-chain monetary market. It allows users to borrow and lend various assets across different blockchains, including Arbitrum and Binance Smart Chain, using cutting-edge technology like Layer Zero for seamless interoperability. It allows users to borrow and lend multiple assets on different blockchains, including Arbitrum and Binance Smart Chain, using cutting-edge technologies such as Layer Zero for seamless interoperability.

2. Popular NFTs:

Moonbirds (NFT) - On February 17, the Bored Ape Yacht Club development team, Yuga Labs, announced the acquisition of the Moonbirds development team, Proof. Yuga Labs has not disclosed any details about the acquisition. In the future, Yuga Labs plans to integrate Moonbirds into its gamified virtual universe game, Otherside.

Matr1x Pioneer Badge (NFT) - The Matr1x Pioneer Badge Collection was issued to celebrate the participants of the MAX Score airdrop promotion. Basic badges are awarded to all users who participate in the promotion, symbolising active participation in the Matr1x community. Premium badges are awarded to those who make exceptional contributions. Matr1x Pioneer Badges will be redeemable for a mystery reward at the promotion's conclusion. There are currently 232,000 holders.

3. Popular DApps:

QnA3.AI (DApp) - On February 21, the AI project QnA3.AI announced on social media its first round of token airdrop promotion, where interaction records and credits will determine users' share of the airdrop. To ensure fairness, bot accounts will be filtered out. Eligibility for the airdrop can be achieved by meeting one of the following three conditions: Active participants, Participants with outstanding interactive performance, and Global ambassadors.

Secondlive-SecondLiveFactoryV3 (DApp) - SecondLive offers a 3D virtual space where users can explore the metaverse through unique virtual avatars. These avatars enable participation in various activities, such as singing, dancing, virtual exhibitions, and shopping. This immersive experience forms the foundation of SecondLive. As one of the most active metaverse infrastructure projects on BSC, SecondLive has over 800,000 registered users and a large, active community. The platform continuously improves, offering diverse avatar styles, space construction templates, and various low-code rule engines. It supports virtual live broadcasts, concerts, large online conferences, and commercial displays.

Orbiter Finance (DApp) - The Layer 2 cross-chain protocol Orbiter Finance has rebranded as ZK-based Orbiter Rollup. The Orbiter Rollup will serve as an infrastructure layer for Ethereum, focusing on ultimate interoperability and improving capital efficiency. The Orbiter team plans to announce its partners and will release a beta version in the future.

Polyhedra Network (DApp) - Polyhedra Network is building the next-generation infrastructure for Web3 interoperability through advanced zero-knowledge proof (ZKP) technology. Using deVirgo, Polyhedra Network has designed and implemented zkBridge, providing a trustless and efficient infrastructure for cross-chain interoperability. zkBridge utilises ZKP technology, allowing the prover to efficiently prove to the receiving chain that a certain state transition has occurred on the sending chain.

Dmail (DApp) - Dmail is a mail application based on Web3 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 blockchain technology as simple and intuitive as using the internet. DMAIL has been listed on Bitget. It is essential to stay updated on this project.

Blast (DApp) - Blast is an innovative Ethereum Layer 2 platform that stands out by offering native yields on ETH and stablecoins. Leveraging Ethereum's Shanghai upgrade, it features automatic compounding for ETH and provides T-Bill yields for stablecoins through its USDB (Blast USD). This strategy sets Blast apart in the Layer 2 space by enhancing asset value and market efficiency. Developed by Pacmanblur (creator of the Blur NFT marketplace) and backed by prominent investors like Paradigm, Blast is currently in early access, encouraging user participation through airdrop promotions and asset bridging.

Anichess (DApp) - Anichess is a blockchain-based international chess game developed by Animoca Brands and its subsidiary Lympo in collaboration with chess industry leader Play Magnus Group. This blockchain game features a betting and profit ecosystem. Orbs of Power, the first NFT collection in the Anichess Universe, currently has over 60,000 holders.

Kamino Finance (DApp) - Kamino is an automated liquidity solution based on the Concentrated Liquidity Market Maker (CLMM) mechanism. Liquidity providers (LPs) looking to improve capital efficiency can utilise Kamino's automated market-making pools to enhance their anticipated fee and return yields. Kamino is incubated by the Hubble Protocol.

Matr1x Fire (DApp) - The global testing server for the FPS blockchain game "MATR1X FIRE" officially began testing on January 29, attracting over 70,000 global FPS players within just the first three days. The daily active users (DAU) nearly hit 30,000, with an average online duration of 57 minutes. According to official data, the game saw an influx of 4155 new users on the first day of testing; this number soared to 14,878 on the second day and welcomed 21,849 new players on the third day. By February 1, an additional 35,453 new users had joined, bringing the total to over 70,000 new users in four days, with the DAU count hitting 30,000.

4. Twitter Hot Topics:

MapleStory Universe (DApp, NFT) - MapleStory Universe is a virtual world ecosystem centered around MapleStory NFTs, creating various tangible and intangible values. At the end of last year, the game developer Nexon announced the launch of a US$100 million Web3 fund to support its blockchain game ecosystem MapleStory Universe, and related IPs. This fund will be used to support developers in building SDKs and a sandbox platform for players and creators to make blockchain games.

WLD (Token) - On February 16, OpenAI announced a new artificial intelligence system named Sora, sparking a surge in the AI sector. Following this announcement, the price of WLD soared, breaking through US$7 three days later before pulling back.

5. Regional Trending Searches:

STRK (Token) - STRK token airdrop claims, part of the Starknet Provisions program, opened last night, with several prominent centralised exchanges listing the STRK token. The price briefly surged past 4 USDT before declining, currently stabilised around 2 USDT.

JASMY (Token) - JASMY, a Japanese company that develops and provides data security and sharing services for the Internet era through the "Jasmy IoT Platform," is the first Japanese blockchain project approved for listing on a Japanese digital currency exchange. The Japanese government has publicly allowed some companies to directly invest in cryptocurrencies, acknowledging the value of BTC, and JASMY, as an investment option, has benefited from this positive development.

GLM (Token) - Golem is a decentralised computing marketplace, where users can share and aggregate computing resources by creating a network of shared resources. The hype around the AI sector has indirectly benefited decentralised computing, data, and storage sectors. Golem did not initially rise with AI but has caught up in the past 24 hours, with GLM's trading volume increasing 19 times compared to the previous day.

BTC Profile - BRC-20 BRC-20 Monitoring Module

Blockchain Profiles: ETH Chain, BSC Chain, Polygon Chain, Arbitrum Chain, Base Chain

DApp Ecosystem: All Chains, ETH Chain, BSC Chain, Polygon Chain, WAX Chain, Solana Chain, Arbitrum Chain, Base Chain, GameFi Sector Across All Chains

Gas Fee Consumption: ETH Chain, BSC Chain, Polygon Chain, Arbitrum Chain

Crypto News Google Trends - Global, East Asia, South Asia, Southeast Asia, Hong Kong, Macau, and Taiwan, Europe, CIS Region, Middle East, Latin America & Africa

Written by: Bitget Research

Data collection time: February 21, 10:30 AM UTC

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.

Disclaimer: Cryptocurrencies are subjected to high market risk and volatility despite high growth potential. Users are strongly advised to do their research and invest at their own risk.

About Bitget

Established in 2018, Bitget is the world's leading cryptocurrency exchange and web3 company. Serving over 20 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Bitget Wallet, the web3 arm of Bitget, is a decentralised multi-chain digital wallet supporting 250,000+ cryptocurrencies across 90+ chains, enabling exploration of DEX, DeFi, NFT, and metaverse. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organiser PGL.