Bitget Research Weekly News: Celestia Confirms Airdrop, MicroStrategy Increases BTC Holdings Again
Focusing on on-chain data, weekly news roundup.Author: Bitget Research
In the past week (09.25-09.28), the market has seen several new popular coins and topics.
1. Market Trends
The main topics of interest in the market this week (09.25-09.28) are:
The market is in a game of existing capital, with Uniswap planning to raise $62.37 million to build its ecosystem.
Celestia has confirmed an airdrop, and Ethereum Gas has dropped to single digits.
Ethereum gas is at a low of 5-20 Gwei, and MicroStrategy has increased its BTC holdings again.
An APT false recharge incident occurred on Upbit, causing mainstream coins to fluctuate and decline.
2. Popular Projects
The most popular projects this week (09.25-09.28) include:
Wall Street Memes (Token): A relatively popular MEME token in the crypto community, which just completed its token launch yesterday, currently with 24K holders, and has seen a maximum increase of about 130% since launch. Besides promoting MEME value, the project also offers staking features, with current staking yields around 40% annualized.
OCISLY (Token): Of Course I Still Love You, a meme related to a tweet by Musk, which received 10.8 million views within 18 hours of posting. The token has high on-chain trading activity, with a 24-hour on-chain trading volume of $9.69 million and 14,581 transactions, and contract permissions have been relinquished.
CAL (Token): A token deployed by Shiba developers, the Shiba team recently relinquished the contract permissions for Bone and deployed CAL as an alternative plan; CAL has now formed a community-driven meme attribute, with a 24-hour trading volume of $5 million and a market cap exceeding $10 million.
NABOX (NFT): An NFT project issued by Polyhedra Network and Nabox, participation may provide opportunities for Polyhedra airdrops. There are related operational activities on Galxe, and completing tasks can mint corresponding certificates, with 8,290 individuals currently participating.
Starknet (Dapp): Starknet recently initiated a proposal for a simplified decentralized protocol called "Simple Decentralized Protocol Proposal," aimed at allowing the community to propose a simple, complete decentralized Starknet protocol candidate, enabling maximum simplification of the protocol under the assumption that over 2/3 of staked assets are honest; the project has been rumored to potentially conduct an airdrop, making token airdrops a potential hot opportunity.
Arbitrum (Dapp): (1) The first round of voting for the Arbitrum Security Council election has concluded, with 24 nominees eligible to advance. The Arbitrum Foundation has begun compliance processes for the 24 qualified candidates, which will last for 2 weeks until October 6, 2023. Additionally, the final round of voting will begin on October 6 to determine the next batch of council members; (2) Trader Joe has applied for a grant of 1.83 million ARB from the Arbitrum DAO; (3) Radiant has applied for a grant of up to 3.36 million ARB from the Arbitrum short-term incentive program.
EthscriptionCreator (Dapp): A new protocol developed by Tom Lehman, co-founder and former CEO of Genius.com, that allows for inscribing images on Ethereum. It enables the creation and sharing of digital objects on Ethereum using call data—referred to as Ethscriptions, which pays homage to Inscriptions.
Secondlive - SecondLiveFactory V3 (Dapp): A popular web3 metaverse project on BSC, which completed seed round financing with a valuation of $30 million. In addition to funding support from Binance Labs, other investors include ArkStream Capital, Bullet Labs, GBV Capital, LucidBlue Ventures, Magic Ventures, Multiplex Ventures, Old Fashion Research, Pow Rise Capital, SEJO Asset, and Yuanyuzhou Ventures. The project has a high degree of completeness and significant user participation on-chain.
PostTech (Dapp): A recently popular SocialFi Dapp that quickly gained attention from the crypto community after launching on Arbitrum. Its gameplay combines Tipcoin, FriendTech, and Twitter, and with the expectation of token issuance, it is recommended to pay attention.
3. Hot Searches
The hottest topics this week (09.25-09.28) include:
TIA (Token), Celestia (Dapp): The modular blockchain Celestia announced the launch of its genesis airdrop, distributing a total of 60 million TIA, accounting for 6% of the total supply. Claims will close at 20:00 Beijing time on October 17. One-third of the total airdrop amount is allocated to 7,579 developers. (In March 2021, Celestia completed a $1.5 million seed round led by Binance Labs. On October 19, 2022, Celestia Labs announced it had completed a $55 million funding round led by Bain Capital Crypto and Polychain Capital. The latest round of financing has made Celestia a unicorn with a valuation of $1 billion.)
GLMR (Token): The South Korean crypto trading platform Upbit will list GLMR, supporting BTC market trading pairs. Korean users are highly speculative, causing the coin price to rise rapidly. According to the official announcement, Binance launched GLMR 1-10x USDT perpetual contracts at 09:30 on September 26, 2023 (UTC+8). The high leverage for contract trading has boosted trading volume, and currently, GLMR trading volume and price have surged, with the token price increasing by 42.53% in 24 hours.
Sam Bankman-Fried (Event): According to an analysis released by Coindesk, in the trial of FTX founder Sam Bankman-Fried (SBF), SBF faces seven charges, of which only two are "substantive" charges: "wire fraud against FTX customers" and "wire fraud against Alameda Research lenders," indicating that the U.S. Department of Justice accuses SBF of actively committing these crimes.
The Bitget Research Institute focuses on "focusing on on-chain data and uncovering valuable assets," providing institutional-level insights for crypto enthusiasts by monitoring on-chain data and regional hot searches in real-time. To date, it has provided Bitget global users with early valuable assets in several popular sectors such as the [Arbitrum ecosystem], [AI ecosystem], and [SHIB ecosystem], creating a better wealth effect for Bitget global users through data-driven in-depth research.
【Disclaimer】The market has risks, and investment should be cautious. This article does not constitute investment advice, and users should consider whether any opinions, views, or conclusions in this article are suitable for their specific circumstances. Investing based on this is at one's own risk.
