Bitget Research Institute: DOGS supports airdrops and can be directly pre-charged to Bitget. If ETH Gas hits the bottom, consider opening positions in batches

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Bitget研究院
half a month ago
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BTC fluctuated narrowly over the weekend, ETH gas fell below 1gwei, on-chain activity was sluggish, altcoins lacked popularity, and the high-traffic DOGS in the TON ecosystem attracted market attention.

In the past 24 hours, many new popular currencies and topics have appeared in the market, and they may be the next opportunity to make money:

  • Sectors worth noting are: TON ecosystem;

  • The most popular tokens and topics searched by users are: Carv, COTI, Bitget, Blum, Symbolic, etc.

  • Potential airdrop opportunities include: Movement, Elixir;

Data statistics time: August 19, 2024 4: 00 (UTC + 0)

1. Market environment

The market was sideways. BTC spot ETF had net inflows on 4 of the 5 working days last week and net outflows on 1, but the total net inflow was only worth 32 million USD. ETH gas fell below 1 gwei, the on-chain activity was low, and altcoins lacked hot spots. Over the weekend, many old coins such as DAR, RARE, and SYN rose sharply without obvious good news. We need to pay attention to the risk of tokens rising and falling sharply in the future.

The market focuses on TON ecosystems high-traffic Telegram Mini Bot project DOGS. The DOGS airdrop will end on August 22, and TGE will be held on August 23. DOGS already supports pre-depositing the airdrop directly to Bitget.

2. Wealth-making sector

1) The sector that needs to be focused on in the future: TON ecosystem

main reason:

  • A large number of Telegram Mini App projects in the TON ecosystem have amazing traffic. The DOGS that will be launched soon has attracted market attention. Bitget, OKX, Bybit and other exchanges have opened pre-deposit for DOGS airdrops. Catizen, Hamster Kambot and Tier 2-3 Telegram Mini App projects have gained more and more cooperation from exchanges, project parties and VCs.

  • The TON ecosystem is constantly expanding in many aspects, and there have been several major developments recently: former members of the TON Foundation established TON Ventures, with an initial fund size of US$40 million;

  • TON hinted that the upcoming Bitcoin network bridge TON Teleport BTC token will be named tgBTC; Injective announced its integration with the TON ecosystem.

Specific currency list:

  • TON, NOT, and high-traffic Telegram Mini App projects without token issuance

3. User Hot Searches

1) Popular Dapps

CARV:

CARV is a game-focused ID infrastructure that aims to establish a user-owned gaming identity that enables achievement display, friend and game discovery, direct monetization, and can be taken anywhere. Yesterday, the number of independent active wallets of the Dapp reached more than 610,000. The project has been active recently: On April 26, CARV announced the completion of a $10 million Series A financing; on May 31, Animoca Brands announced a strategic investment in CARV and became its node operator.

2) Twitter

Bitget Research Institute: DOGS supports airdrops and can be directly pre-charged to Bitget. If ETH Gas hits the bottom, consider opening positions in batches

COTI:

COTI is a blockchain project designed for decentralized payment systems, providing low-cost, high-speed payment solutions through its unique Trustchain technology and DAG structure. Recently, COTI launched a treasury system to enhance the use of tokens, and launched the Djed stablecoin in cooperation with Cardano. In addition, the upgrade of COTI Pay Business 2.0 further enhances payment processing capabilities, and the project is also exploring integration with the NFT market, indicating that it has made significant progress in expanding application scenarios and enhancing the ecosystem.

3) Google Search Region

Bitget Research Institute: DOGS supports airdrops and can be directly pre-charged to Bitget. If ETH Gas hits the bottom, consider opening positions in batches

From a global perspective:

Bitget:

Due to the cooperation between Bitget and DOGS, the ranking of Bitget App in Apples iOS App Store has risen significantly. It has now entered the top ten financial rankings in 11 countries, including second in Nigeria, sixth in Ukraine, and eighth in Belarus. DOGS has supported the claim of DOGS token airdrops through Bitget accounts and enjoys 0 Gas fees. In addition, Bitget has also launched the BitgetLuckyDogs event, where users who recharge 1,000 DOGS can automatically participate in the lottery (up to 1 BTC grand prize).

From the hot searches in each region:

(1) The hot topics in Asia are relatively scattered, and the terms RWA and DogeCoin have been trending in many countries;

(2) There are also no obvious hot spots in Europe and the United States. Project names such as Solana, Blum, and Symbolic have become hot searches in many countries.

(3) Latin America showed a higher interest in ETH and Floki, and the public chain and MEME coin tracks appeared on the hot searches in Colombia and Argentina.

Potential Airdrop Opportunities

Movement

Movement Labs was founded in 2022 and previously completed a $3.4 million seed round of financing in September 2023. In addition to its flagship product Movement L2, Movement Labs will also launch Move Stack, an execution layer framework compatible with rollup frameworks such as Optimism, Polygon and Arbitrum.

Recently, Movement Labs completed a US$38 million Series A financing round, led by Polychain Capital, with participation from many well-known institutions such as Hack VC, Foresight Ventures, and Placeholder.

Specific participation method: Enter the Movement zealy task interface (note: social tasks have time periods and tasks that are continuously online), you can interact with DEX, interact with a few tests at will, and wait for subsequent actions from the official website.

Elixir

Founded in 2022, Elixir is a modular DPoS liquidity network that enables anyone to provide liquidity directly to the order book, bringing liquidity to long-tail crypto assets and allowing exchanges and protocols to bootstrap liquidity on their ledgers.

On March 12, 2024, Elixir completed an $8 million Series B financing round with a valuation of $800 million; on October 18, 2023, Elixir completed a $7.5 million Series A financing round; on January 17, 2023, Elixir completed a $2.1 million seed round of financing; investors include Hack VC, GSR, Sui, and Amber Group.

How to participate: Earn points by participating in Apothecary. You can deposit at least $100 in ETH to mint elxETH to unlock the treasure chest. elxETH is a native yield token backed by ETH at a 1:1 ratio. After the mainnet is launched, it will become a full-chain LP token to power the order book liquidity of the exchange. At the same time, you can provide liquidity to Elixir-supported protocols through https://agg.elixir.xyz/.

Original link: https://www.bitget.fit/zh-CN/research/articles/12560603814535

【Disclaimer】The market is risky, so be cautious when investing. 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 information is at your own risk.

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