In the past 24 hours, the market has seen a number of new trending coins and topics, which could potentially be the next wealth-building opportunity.
The sectors showing strong wealth-building effects are: TON ecosystem;
The hot searched tokens & topics are: REVOX, Linea, RWA;
Potential airdrop opportunities include: LayerN, LIFI;
Data statistics as of June 24, 2024, 4:00 (UTC+0)
Market Environment:
In the past two weeks, BTC spot ETF has shown a continuous net outflow trend, with BTC dropping below $63,000, ETH on-chain gas dropping to 1-2 gwei, and market sentiment dropping to freezing point. High market cap new coins ZRO, ZK lead the altcoins in decline, with prices falling by 30%-50% since the TGE, far below market expectations.
The TON ecosystem tokens have shown relative resilience, with TON only dropping by 8% in the past 7 days. The TVL of the two leading DEXs in the ecosystem, DeDust and STON.fi, has increased by 12% and 3% respectively in the past 7 days. The high traffic Telegram Mini Apps Catizen and Hamster Kombat continue to attract market attention with growing user numbers.
Wealth-Building Sectors:
1) Key sectors to focus on: TON ecosystem
Main reasons:
During the market downturn and altcoin crash, TON tokens and TON ecosystem tokens have shown relative resilience.
The TVL of the two leading DEXs in the TON ecosystem, DeDust and STON.fi, has increased by 12% and 3% respectively in the past 7 days.
The high traffic Telegram Mini Apps Catizen and Hamster Kombat have seen a surge in user numbers, attracting market attention. Catizen’s on-chain user total has surpassed 1.25 million, while Hamster Kombat’s user base has exceeded 150 million, making them rare hotspots in the recent cryptocurrency market.
Pantera Capital is raising funds for a new fund dedicated to investing in TON tokens, known as the “Pantera TON Investment Opportunity”, aiming to purchase more TON tokens. The minimum investment amount for each supporter is $250,000.
Specific project list: TON, NOT, STON, Catizen, Hamster Kombat, etc.
User Hot Searches:
1) Popular Dapps
REVOX (ReadON):
REVOX is the first Read-FI program aimed at ordinary users. REVOX, formerly a decentralized content distribution platform called ReadON, aims to build a modular AI Agent network and distributed applications. It has now started an airdrop points claim activity, where users can receive airdrop points using the Web3 GPT tool lense.revox.ai.
2) Twitter
Linea:
Linea is a high-performance, secure, and decentralized blockchain platform designed to provide powerful infrastructure for developers and users. It adopts advanced consensus mechanisms, supports high throughput transaction processing, and ensures platform security and reliability. Linea also supports smart contracts and cross-chain interoperability, allowing developers to build and deploy decentralized applications (DApps) and achieve free flow of assets and information across different blockchains. Rich development tools and user-friendly documentation further lower the barrier to entry for development, laying the foundation for ecosystem prosperity.
3) Google Search by Region
Globally:
Why is crashing: Various types of tokens in the cryptocurrency industry are generally falling, leading to a global search for reasons behind the crash. This is mainly due to global macroeconomic uncertainty, increased regulation of cryptocurrencies by various countries, market sentiment fluctuations, technical issues, and large holders selling off their assets, all contributing to a decrease in investor confidence and market prices.
Regionally:
(1) In Asia, MEME and RWA projects are prominent in searches. Each has its own unique narrative in this cryptocurrency cycle, with MEME representing a narrative of resistance against VCs and seen as an opportunity for retail investors to make money; RWA is considered a core narrative for institutions in this cryptocurrency cycle, with widespread participation from traditional finance.
(2) Different areas in Europe, the Americas, English-speaking regions, and the CIS region focus on various topics, including recent airdrop projects, TON and its ecosystem, including Monad, FLOKI, RWA topics, among others, with no clear trend in unified topics.
Potential Airdrop Opportunities:
LayerN:
Layer N is a high-performance rollup network designed to scale financial applications on Ethereum. It consists of highly performant and customizable modular rollups with first-class scalability and a shared communication layer for liquidity aggregation. Layer N has completed a $5 million seed round of financing, led by Founders Fund and dao 5.
Specific participation method: Visit the project’s official website, connect your wallet, link your social media accounts, go to http://nord.layern.com, connect your wallet, and trade ETH 4-8 times. Go to https://app.galxe.com/quest/layern/GCdcmthdaA… Connect your wallet, complete the simplest tasks ever, and claim points.
LI.FI:
LI.FI is a multi-chain liquidity aggregation protocol that supports the exchange of assets between any two assets through aggregators and DEX aggregators bridging Ethereum, Arbitrum, Optimism, Solana, Polygon, Base, and more than 20 other networks.
The cross-chain infrastructure protocol LI.FI has completed a $17.5 million Series A financing, jointly led by CoinFund and Superscrypt, with participation from Bloccelerate, L1 Digital, Circle, Factor, Perridon, Theta Capital, Three Point Capital, Abra, and nearly 20 angel investors.
Specific participation method: Visit the project’s website, conduct cross-chain swaps between multiple chains, keep your wallet address active and conduct transfers to potentially receive airdrop opportunities.
Original Article Link: https://www.bitget.com/en/research/articles/12560603811594
【Disclaimer】The market carries risks, and investments should be made with caution. This article does not constitute investment advice. Users should consider whether any opinions, views, or conclusions in this article are suitable for their specific situation. Investment decisions are made at one’s own risk.
