In the past week (2.26-3.01), many new hot currencies and topics have appeared in the market.
1. Market Trends
This week (02.26-03.01) the market's most focused topics are:
Bitcoin briefly fell below $61,000, Blast staked assets can now be migrated to the Blast mainnet
Bitcoin briefly breaks through $64,000, Telegram advertisement announces the use of TON chain payment
Bitcoin fluctuates at high levels, Ethereum Cancun upgrade confirmed to be activated on March 13
BlackRock IBIT daily trading volume hits a record high, BTC breaks through $57,000
Uniswap modifies token economics, causing DeFi sector fluctuations, ETH price breaks through $3,100
2. Popular Projects
The most popular projects this week (02.26-03.01) are:
SATS (Token): Bitcoin broke through 60,000 US dollars, and ecological projects attracted the attention of funds. SATS broke through the bottom range yesterday and rose 20% in 24 hours. The main trading volume came from centralized exchanges, and the 24-hour trading volume reached 150 million US dollars.
PYTH (Token): Korean exchanges Upbit and Bithumb both announced that they would list PYTH, driving the price of PYTH up sharply. Pyth Network has also been expanding in product and project development, and recently launched a price feed service on Hedera.
Portal (Token): Portal is a game ecosystem token. Portal Gaming is a platform dedicated to Web3 games. The platform focuses on one-click login to Portal Passport, easy payment and other functions. The project has fundamental support. The price has begun to fall, with a 24-hour drop of 17.56%.
FLOKI (Token): DWF Labs announced that it will invest $10 million in FLOKI tokens to support the development of the Floki ecosystem. After the announcement, the price of FLOKI tokens rose by more than 10% in a short period of time. Floki first announced its partnership with DWF Labs in May 2023 and purchased $5 million worth of FLOKI tokens.
PEPE (Token): PEPE leads the meme market, with a 3-day increase of more than 150%, reaching 80% of its historical high at one point. Centralized exchanges and on-chain meme coins have experienced explosive market trends, and traditional meme head projects dogecoin and shiba have experienced large-scale breakthroughs.
NodeMonkes (NFT): Oradinals NFT node monkey, currently the most expensive NFT in Oradinals, with a floor price of 0.4 BTC and a daily trading volume of 2.6 million US dollars.
Milady Maker (NFT): The price of the well-known NFT project Milady has rebounded recently. Milady is a community-style NFT project with diverse features and strong Alpha attributes. It has always been one of the projects that crypto community players pay attention to.
Blast (Dapp): The Blast mainnet has been launched, and the current TVL of the public chain has exceeded 2.2 billion US dollars. According to AEVO's market information, the BLAST futures price is currently 6.35 US dollars. Pledged assets can now be migrated to the Blast mainnet. Due to the market heat and the rise in Ethereum mainnet GAS, the current migration cost is relatively high.
Magic Eden (Dapp): The Ethereum market created by Magic Eden in cooperation with Yuga Labs has been launched. Yuga Labs co-founder issued a statement saying: To celebrate the launch of Magic Eden Ethereum market, a 69-day royalty reduction event will be held.
Orbiter Finance (Dapp): The cross-chain bridge project Orbiter Finance said on the X platform that in order to thank its loyal community, it will launch a native token this year and will gradually announce the token economy and distribution plan to ensure a fair process. The O-Points program will play a vital role in formulating airdrop rules.
3. Hot Searches
The most popular topics this week (02.26-03.01) are:
PORTAL (Token): A cross-chain gaming platform where players can access the Web3 gaming network with a smooth experience, and can play games on all chains without bridging/exchanging/purchasing additional tokens. It was officially launched yesterday after Binance Launchpool, with a total market value of $2.4 billion and a 24-hour trading volume of $570 million.
Babylon (Dapp): Binance Labs announced an investment in the Bitcoin staking protocol Babylon to support the development of Bitcoin staking. Recently, the Bitcoin staking protocol Babylon announced that it has launched a testnet based on BTC Signet, which includes: Bitcoin staking, supports common PoS functions, and the Babylon PoS chain is the first PoS chain it protects. The project has received a lot of attention, so you can pay attention to the airdrop.
Taiko (Dapp): Taiko is a decentralized Ethereum equivalent of ZK-EVM and general ZK-Rollup, allowing dApps to be easily deployed to L2 and inheriting the security of Ethereum. A total of 22 million US dollars was raised, with Sequoia China, Generative Ventures, GSR and others participating in the investment. The market has strong expectations for airdrops for Taiko.
Arweave (Dapp): Arweave recently released a public testnet, Arweave AO, which is used to design computing layers for social media and AI. AO is a hyper-parallel computer that achieves high parallel processing capabilities and scalability by building three different sub-networks and using Arweave as the base layer. The recent launch of the testnet has stimulated the hype of AR tokens, and the price has risen by more than 100% again in three days.
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【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.
