In the past 24 hours, the market has seen a number of new popular coins and topics that could potentially be the next wealth-building opportunity.
The sectors with a strong wealth-building effect are the TON ecosystem.
The trending tokens and topics among users are REVOX, Linea, and RWA.
There are potential airdrop opportunities with LayerN and LIFI.
Data statistics were recorded on June 24, 2024, at 4:00 (UTC+0).
I. Market Environment
In the past two weeks, BTC spot ETFs have shown a continuous net outflow trend. BTC has dropped below $63,000, and ETH gas on the chain has dropped to 1-2 gwei, leading to a decrease in market sentiment. High market cap coins like ZRO and ZK have led the decline in altcoins, with prices falling by 30%-50% since their initial offering, far below market expectations.
The TON ecosystem tokens have shown relatively resilient performance. In the past 7 days, TON has only dropped by 8%. The TVLs of the two leading DEXs in the ecosystem, DeDust and STON.fi, have grown against the trend by 12% and 3% respectively in the past 7 days. The high traffic Telegram Mini Apps, Catizen and Hamster Kombat, have seen a continuous increase in users and have attracted market attention.
II. Wealth-building Sectors
1) Key sectors to focus on: TON ecosystem
Main reasons:
During the market downturn and the sharp decline of altcoins, TON tokens and TON ecosystem tokens have shown relatively resilient performance.
The TVLs of the two leading DEXs in the TON ecosystem, DeDust and STON.fi, have grown against the trend by 12% and 3% respectively in the past 7 days.
The high traffic Telegram Mini Apps, Catizen and Hamster Kombat, have seen a continuous increase in users, with Catizen surpassing 1.25 million on-chain users and Hamster Kombat exceeding 150 million users, making them one of the few hotspots in the cryptocurrency market recently.
Pantera Capital is currently raising funds for a new fund dedicated to TON tokens, called “Pantera TON Investment Opportunity.” The fund aims to acquire more TON tokens, with a minimum investment of $250,000 per supporter.
Specific project list: TON, NOT, STON, Catizen, Hamster Kombat, etc.
III. User Trends
1) Popular Dapps
REVOX (ReadON):
REVOX is the first user-oriented Read-FI program. It was formerly a decentralized content distribution platform called ReadON, aiming to build a modular AI Agent network and distributed applications. It has now started an airdrop points claiming activity, where users can earn airdrop points using the Web3 GPT tool lense.revox.ai.
2) Twitter
Linea:
Linea is a high-performance, secure, and decentralized blockchain platform that aims 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, enabling developers to build and deploy decentralized applications (DApps) and freely transfer assets and information between different blockchains. The abundance of development tools and user-friendly documentation further lowers the barrier to entry and lays the foundation for ecosystem prosperity.
3) Google Search by Region
From a global perspective:
“Why is crashing” is a widely searched topic in the cryptocurrency industry due to the general decline in various types of tokens. The main factors include global macroeconomic uncertainty, increased regulation of cryptocurrencies by various countries, market sentiment fluctuations, technical issues, and large holders selling off their assets, all of which have led to a decrease in investor confidence and market prices.
From the regional searches:
(1) In the Asian region, MEME and RWA projects have stood out. In this cryptocurrency cycle, MEME and RWA have their own unique narratives. MEME is the core narrative of resisting venture capitalists and is generally considered an opportunity for retail investors to make money. RWA is considered the core narrative of institutions in this cryptocurrency cycle, with widespread participation from traditional finance.
(2) The areas of focus in the European and American regions, English-speaking regions, and the CIS region are different. They mainly include recent major airdrop projects, TON and its ecosystem, Monad, FLOKI, and RWA topics, but there is no clear unified trend in topics.
IV. Potential Airdrop Opportunities
LayerN:
LayerN is a high-performance rollup network designed to scale financial applications on Ethereum. It consists of highly performant and customizable modular rollups, providing first-class scalability and a shared communication layer for liquidity aggregation.
LayerN has completed a $5 million seed round of financing, led by Founders Fund and DAO 5.
Specific participation method: Log in to the project’s official website, connect your wallet, link your social media accounts, and go to http://nord.layern.com to perform 4-8 ETH transactions. Then go to https://app.galxe.com/quest/layern/GCdcmthdaA… to connect your wallet and complete the simplest tasks in history to receive points.
LI.FI:
LI.FI is a multi-chain liquidity aggregation protocol that supports the exchange of assets between any two chains by aggregating bridges and DEX aggregators from over 20 networks, including Ethereum, Arbitrum, Optimism, Solana, Polygon, and Base.
The cross-chain infrastructure protocol LI.FI has completed a $17.5 million Series A financing round, with CoinFund and Superscrypt as lead investors, and participation from Bloccelerate, L1 Digital, Circle, Factor, Perridon, Theta Capital, Three Point Capital, Abra, and nearly 20 angel investors.
Specific participation method: Log in to the project’s website and perform cross-chain swaps between multiple chains. Maintain wallet address activity and transaction volume to have the potential to receive airdrop opportunities.
Original article link:
https://www.bitget.com/zh-CN/research/articles/12560603811594
[Disclaimer] The market carries 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. Investment based on this article is at your own risk.