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Bitget Research: Meme Sector Popularity Continues, Beware of the Risks Associated with New Memecoin Rug Pulls

Bitget Research: Meme Sector Popularity Continues, Beware of the Risks Associated with New Memecoin Rug Pulls

Beginner
2023-04-25 | 5m

the past 24 hours, there have been many new popular tokens and topics emerging in the market, and perhaps they could be the next market spotlight.

1.Popular Tokens:

SUIBG (Token), SUI Futures Bitget — BitKeep and Bitget jointly launched an airdrop of a futures token called SUIBG (SUI Futures Token), which will serve as a credential for the native token SUI after the Sui Network mainnet is launched in the future. According to information from BitKeep’s Twitter, the exchange rate for SUIBG and SUI is 10:1. The SUI token has a public offering price of US$0.1/SUI. Users can earn up to 1000+ free SUIBG by completing BitKeep-related tasks, which can be exchanged for 100+ $SUI token rewards after the launch of SUI (campaign ends on April 24).

AIPig (Token) — A memecoin that is riding the hype, but after a 5x surge in price yesterday, it plummeted and is now close to zero. The high popularity of the meme sector makes users enthusiastic about shitcoins, but many “scam projects” are flooding the market, which requires caution when investing.

XEN (Token) — XEN has created its own ecosystem, including XENFT, XEN Torrent, DBXEN, and Xenlon, since its launch six months ago. Multiple projects within the XEN ecosystem interact with the “burning XEN” as the core. The tokens XLON and DXN had good gains during their initial release. XEN has increased by nearly 10x in the past month, and community interest remains strong.

STONKS (Token) — Less than 24 hours since its TGE, there have been over 9000 on-chain transactions and a trading volume of over US$14 million. Recently, STONKS gained a lot of traffic by giving away hot NFTs such as Opepe and Nakamigos to token holders through a lucky draw. It quickly climbed to the top two spots in terms of popularity on Dextools and DexSceener and is highly popular on Twitter.

NARUTO (Token) — A memecoin related to the popular anime character Uzumaki Naruto and completed its TGE on the 23rd. In the past 24 hours, the on-chain trading volume was US$7.29 million, with a total market cap of US$1.75 million and a liquidity pool of US$186,000. The token experienced a significant drop when the project team withdrew from the pool, indicating a high risk for investors.

SASUKE (Token) — A memecoin related to the anime character Uchiha Sasuke and also completed its TGE yesterday. In the past 24 hours, the on-chain trading volume was US$7.7 million, with a total market cap of US$5.68 million and a liquidity pool of US$530,000. The token’s performance is better than the NARUTO token.

GENSLER (Token) — A memecoin that satirizes the crypto policies of Gary Gensler. The on-chain trading volume in the past 24 hours was US$6 million, with a total market cap of US$7.81 million and on-chain liquidity of US$500,000. The token has performed well, with an increase of nearly 20x after its TGE, and has not experienced any significant drop. It is essential to stay updated on this token.

TRUMP (Token) — A memecoin that launched on March 19th with the name “Free TRUMP” by the community project following the sentencing of former US President Donald Trump on 34 charges. The community behind the token is made up of supporters of Trump. The token has experienced two significant rises and falls in value. With the recent surge in the meme sector, Free TRUMP may potentially rise again, making it an essential token to stay updated on.

DOGEBLUE (Token) — A project that had its TGE and established a pool yesterday. It is a memecoin project that is riding the hype in the meme sector. However, the token has experienced a sharp drop in the past four hours, resulting in many holders being trapped with unrealized losses. There are suspicions that the project team may have performed a rug pull, and it is not recommended to participate.

NADA (Token), Nothing — Its Twitter bio is “dont buy this trash,” and the trading volume on DEX reflects a strong hype desire from the community. In the past 24 hours, nearly US$3 million in on-chain transactions have occurred, with a total market cap of exactly US$2.69 million. However, there may be a significant sell-off risk in the trend. It is essential to stay updated on this token.

AIDOGE (Token) — An Arbitrum community memecoin project, with AI-generated code and free airdrops for ARB airdrop users. AIDOGE’s popularity has risen alongside new memecoins such as Pepe and Aishib, attracting hot money inflows and exhibiting a good price trend. The token is available on Bitget.

REKT (Token) — A Free2Mint token established on Arbitrum, with 147,719 holders and 35,000 weekly unique addresses trading on the platform, indicating extremely high community trading interest. Bitget has recently listed REKT for trading.

AISHIB (Token) — AISHIB is a dog-themed memecoin. Yesterday, the countdown ended and the airdrop collection began. Its mechanism is similar to AIDOGE, with a 15% transaction tax. However, the token distribution and reward mechanism are more complex than AIDOGE. Currently, the DEX liquidity is at US$16,400, with a total market cap of US$1.8 million. The candlestick chart shows a downward trend, and its popularity is gradually decreasing. It is important to maintain a watchful stance.

2.Popular NFTs:

Fallen Eye (NFT) — An NFT project that completed its sale on Polygon today. The floor price is only 0.002 ETH, but the total trading volume has already reached 4 ETH, indicating extremely high community trading interest. The project is developing an RPG game within the Sui ecosystem, and it has garnered decent community interest.

Nakamigos (NFT) — CryptoPunks style PFPs NFT with 34,000 followers on Twitter and followed by over 30 KOLs, making it a highly popular NFT. Currently, it has 5831 holders, a floor price of 0.31 ETH, and a total trading volume of 30,855 ETH.

3.Popular DApps:

Kyber (DApp) — DEX aggregator Kyber Network will suspend mining and mining rewards starting at 00:00 on April 19, while deploying the upgraded KyberSwap Elastic smart contract. The product update announcement has led to a surge in user interactions. If mining rewards are not claimed before 16:00 UTC+0 on April 18, then the rewards will be confiscated.

Tiny Tap (DApp) — The first participant of the Open Campus (EDU) project, which will be launched on Binance Launchpad. It is a decentralized education platform supported by Animoca Brands, which currently has over 200,000 educational games centered around early childhood learning and development. It allows teachers to earn income through blockchain technology.

Secondlive (DApp) — A metaverse platform on the BSC chain, currently running a marketing campaign until May 20 in collaboration with BNB Chain, DappRadar, and Mua Dao. Participating users have a chance to share a prize pool of US$40,000. This marketing campaign has been recognized and promoted by the official BNB Chain Twitter account, generating a significant amount of traffic.

Stargate Finance (DApp) — Stargate, developed by the LayerZero Labs team, is a fully composable liquidity transfer protocol that serves as the core of OmniChain DeFi. With Stargate, users and DApps can transfer native assets across 7 chains (with more to come in the future). Stargate recently collaborated with PancakeSwap on a joint mission activity on Layer 3, where participants can receive exquisite NFTs as rewards.

ISKRA (DApp) Iskra is a blockchain gaming platform built on Klaytn, bringing together gamers and game studios. The platform allows gamers to explore and enjoy high-quality blockchain games and create their own communities. Users can access new gaming projects through the platform’s Launchpad. On April 20th, it was announced that Iskra will be conducting its second promotional activity on Zealy, where users who complete tasks will have the chance to win a share of 5400 ISK and 5400 USDT in rewards.

Game Trade Market (DApp) — A platform on the Solana chain specifically for discovering and trading NFTs within games. Yesterday, the UAW experienced a rapid increase, mainly due to the promotional campaigns of Crew3, which were launched this month. Additionally, it frequently holds various promotional campaigns on social media, so it is important to keep a close watch on the project.

DexView (DApp) — A one-stop DEX token trading and market sentiment website, with 1,881 followers on Twitter and 100+ online users. The recent market sentiment for the meme sector is good, which may lead to an increase in the number of users for such websites, so it is essential to stay updated on this project.

Pinksale (DApp) — A Launchpad project on the BSC chain. According to DeFiLlama data, it ranks sixth in TVL on the BSC chain. Recently, they announced their official partnership with DexView, resulting in significant traffic inflow.

QuickSwap (DApp) — QuickSwap is the largest native decentralized exchange on the Polygon chain. Recently, they held a trading competition where participants could win US$54,600 in trading rewards. The recent traffic has been good. It is essential to stay updated on this project.

Race Poker (DApp) — A Texas Hold’em poker project on the Solana chain. Currently, the community traffic reflected on Twitter is average, with a low follower count. Recently, it held promotional activities like poker tournaments, but the overall popularity is relatively average. The main game modes are “Sit & GO” and “Cash Game,” but the overall UAW is still low.

Rhino (DApp) This is a DeFi project deployed on Zksync Era and it is currently running a promotional campaign. By using rhino.fi, users can benefit from reduced fees when transferring funds from ETH to the Zksync ecosystem. The project also supports cross-chain asset operations from Arbitrum. As a native project on Zksync, interacting with Rhino may result in Zksync and Rhino’s own airdrop rewards, making it an important project to interact with.

BLUR (DApp) — On April 23, BLUR platform traded a total of 9282 ETH, with OpenSea trading 3133 ETH and OpenSea Pro 688 ETH. The recent trading volume in the NFT market has been fluctuating downwards, and the trading volume on the Blur platform has decreased significantly. The BLUR token price followed BTC’s short-term correction. On April 22, an error was detected in the order placing function, which has since been fixed, and affected users have been compensated.

Hook (DApp) — Recently, Binance announced the 31st Launchpad project, Open Campus. Hook has a similar positioning, and its product Hooked Academy has already launched. As a concept in the Web3 education field, it may have significant room for hype.

4.Twitter Hot Topics:

DIONE (Token) — Positioned as a Layer 1 blockchain, DIONE announced on April 24th that it would launch a decentralized network, Orion, built on Starlink. This news received 325,000 views on Twitter and spurred the token price to continuously reach new highs. Over the past month, the token has experienced a 4.5x increase.

TOMI (Token) — TOMI is a project dedicated to developing a decentralized alternative internet network as a foundational infrastructure platform for Web3 Recently listed on Bitget, the token’s 24-hour trading volume reached US$7.05 million. The project has also held AMA events with multiple exchanges.

5.Regional Trending Searches:

PEPE (Token) is a highly popular memecoin that has driven the entire meme sector to take off recently. Its daily on-chain trading volume has reached US$20 million, and it has been traded 167,000 times on DEXs in the past week. It has risen by over 5000x from the bottom, and both in terms of the wealth effect and on-chain activity, it is a phenomenon-level memecoin in recent times.

Written by: Bitget Research

Data collection time: April 24, 10:30

Data sources: Dune, DApps, Twitter, Google

Note:

1) New active users: Refers to wallet addresses that were newly created on the chain in the past 24 hours and had interactions on the chain.

2) Existing active users: Refers to wallet addresses that were created on the chain 24 hours ago and had interactions on the chain in the past 24 hours.

3) DApp daily activity (UAW: unique active wallets)

4) TGE (Token Generation Event)

1.1 User Profile

1.1.1 Core Data

  • Total active users of ETH: 308,320
  • New active users of ETH: 61,175, with a daily decrease of 1.21%
  • Existing active users of ETH: 247,145, with a daily decrease of 6.34%

1.1.2 New User Profile

  • Core data: There were a total of 61,175 new active users on ETH yesterday, with a daily decrease of 1.21%
  • Popular Sectors
Bitget Research: Meme Sector Popularity Continues, Beware of the Risks Associated with New Memecoin Rug Pulls image 0
  • Popular Projects
Bitget Research: Meme Sector Popularity Continues, Beware of the Risks Associated with New Memecoin Rug Pulls image 1
  • Key Projects:

Kyber (DApp) — DEX aggregator Kyber Network will suspend mining and mining rewards starting at 00:00 on April 19, while deploying the upgraded KyberSwap Elastic smart contract. The product update announcement has led to a surge in user interactions. If mining rewards are not claimed before 16:00 UTC+0 on April 18, then the rewards will be confiscated.

1.1.3 Existing User Profile

  • Core data: The number of ETH active existing users is 247,145, with a daily decrease of 6.34%
  • Popular Sectors
Bitget Research: Meme Sector Popularity Continues, Beware of the Risks Associated with New Memecoin Rug Pulls image 2
  • Popular Projects
Bitget Research: Meme Sector Popularity Continues, Beware of the Risks Associated with New Memecoin Rug Pulls image 3
  • Key Projects:

XEN (Token) — XEN has created its own ecosystem, including XENFT, XEN Torrent, DBXEN, and Xenlon, since its launch six months ago. Multiple projects within the XEN ecosystem interact with the “burning XEN” as the core. The tokens XLON and DXN had good gains during their initial release. XEN has increased by nearly 10x in the past month, and community interest remains strong.

1.2 Popular Trading Pairs

1.2.1 Uniswap V2

Bitget Research: Meme Sector Popularity Continues, Beware of the Risks Associated with New Memecoin Rug Pulls image 4

STONKS (Token) — Less than 24 hours since its TGE, there have been over 9000 on-chain transactions and a trading volume of over US$14 million. Recently, STONKS gained a lot of traffic by giving away hot NFTs such as Opepe and Nakamigos to token holders through a lucky draw. It quickly climbed to the top two spots in terms of popularity on Dextools and DexSceener and is highly popular on Twitter. https://www.dextools.io/app/en/ether/pair-explorer/0x074201cb10b1efedbd8dec271c37687e1ab5be4e

NARUTO (Token) — A memecoin related to the popular anime character Uzumaki Naruto and completed its TGE on the 23rd. In the past 24 hours, the on-chain trading volume was US$7.29 million, with a total market cap of US$1.75 million and a liquidity pool of US$186,000. The token experienced a significant drop when the project team withdrew from the pool, indicating a high risk for investors. https://www.dextools.io/app/en/ether/pair-explorer/0xf65dfcc3c0f67181a73882fdb3b87b04c46d4633

SASUKE (Token) — A memecoin related to the anime character Uchiha Sasuke and also completed its TGE yesterday. In the past 24 hours, the on-chain trading volume was US$7.7 million, with a total market cap of US$5.68 million and a liquidity pool of US$530,000. The token’s performance is better than the NARUTO token. https://www.dextools.io/app/en/arbitrum/pair-explorer/0x794e7e2be5b9eb7543294bb7b11a2def55a34e4e

1.2.2 Uniswap V3

Bitget Research: Meme Sector Popularity Continues, Beware of the Risks Associated with New Memecoin Rug Pulls image 5

GENSLER (Token) — A memecoin that satirizes the crypto policies of Gary Gensler. The on-chain trading volume in the past 24 hours was US$6 million, with a total market cap of US$7.81 million and on-chain liquidity of US$500,000. The token has performed well, with an increase of nearly 20x after its TGE, and has not experienced any significant drop. It is essential to stay updated on this token. https://www.dextools.io/app/en/ether/pair-explorer/0x03eb30ca916c80583440274a0d3472e8947de1c1

TRUMP (Token) — A memecoin that launched on March 19th with the name “Free TRUMP” by the community project following the sentencing of former US President Donald Trump on 34 charges. The community behind the token is made up of supporters of Trump. The token has experienced two significant rises and falls in value. With the recent surge in the meme sector, Free TRUMP may potentially rise again, making it an essential token to stay updated on. https://www.dextools.io/app/en/ether/pair-explorer/0xac084df0969bd1e9bb8a2079cf317a30476210f6

2.1 User Profile

2.1.1 Core Data

  • Total active users on BSC: 1,172,950
  • New active users on BSC: 150,366, with a daily increase of 1.31%
  • Existing active users on BSC: 1,022,584, with a daily increase of 0.33%

2.1.2 New User Profile

  • Core data: There were a total of 150,366 new active users on BSC yesterday, with a daily increase of 1.31%
  • Popular Sectors
Bitget Research: Meme Sector Popularity Continues, Beware of the Risks Associated with New Memecoin Rug Pulls image 6
  • Popular Projects
Bitget Research: Meme Sector Popularity Continues, Beware of the Risks Associated with New Memecoin Rug Pulls image 7
  • Key Projects:

Tiny Tap (DApp) — The first participant of the Open Campus (EDU) project, which will be launched on Binance Launchpad. It is a decentralized education platform supported by Animoca Brands, which currently has over 200,000 educational games centered around early childhood learning and development. It allows teachers to earn income through blockchain technology.

2.1.3 Existing User Profile

  • Core data: The number of BSC active existing users is 1,022,584, with a daily increase of 0.33%
  • Popular Sectors
Bitget Research: Meme Sector Popularity Continues, Beware of the Risks Associated with New Memecoin Rug Pulls image 8
  • Popular Projects
Bitget Research: Meme Sector Popularity Continues, Beware of the Risks Associated with New Memecoin Rug Pulls image 9
  • Key Projects:

Secondlive (DApp) — A metaverse platform on the BSC chain, currently running a marketing campaign until May 20 in collaboration with BNB Chain, DappRadar, and Mua Dao. Participating users have a chance to share a prize pool of US$40,000. This marketing campaign has been recognized and promoted by the official BNB Chain Twitter account, generating a significant amount of traffic.

2.2 Popular Trading Pairs

2.2.1 PancakeSwap V2

Bitget Research: Meme Sector Popularity Continues, Beware of the Risks Associated with New Memecoin Rug Pulls image 10

EDU (Token) — Since Binance announced its related Launchpad, many fake and rug pull tokens with the same name have appeared on DEX. The token has no practical use, and it is also a fake token of Open Campus with significant contract problems. The sell tax rate is 100%, so investors should be aware of the risks involved in interacting with this token. https://bscscan.com/token/0x4f7badd58f2c03be5eb2cfbd7991c7d24ca245a5

DOGEBLUE (Token) — A project that had its TGE and established a pool yesterday. It is a memecoin project that is riding the hype in the meme sector. However, the token has experienced a sharp drop in the past four hours, resulting in many holders being trapped with unrealized losses. There are suspicions that the project team may have performed a rug pull, and it is not recommended to participate. https://www.dextools.io/app/en/bnb/pair-explorer/0xa97e18cb317de4a560c67a67d474b9882cb99e2f

NADA (Token), Nothing — Its Twitter bio is “dont buy this trash,” and the trading volume on DEX reflects a strong hype desire from the community. In the past 24 hours, nearly US$3 million in on-chain transactions have occurred, with a total market cap of exactly US$2.69 million. However, there may be a significant sell-off risk in the trend. It is essential to stay updated on this token. https://www.dextools.io/app/en/ether/pair-explorer/0x2cd3e69573d2f8c9a8eae038692e6704898b276c

3.1 User Profile

3.1.1 Core Data

  • Total active users on Polygon: 302,355
  • New active users on Polygon: 66,622, with a daily decrease of 9.33%
  • Existing active users on Polygon: 235,733, with a daily decrease of 7.58%

3.1.2 New User Profile

  • Core data: There were a total of 66,622 new active users on Polygon yesterday, with a daily decrease of 9.33%
  • Popular Sectors
Bitget Research: Meme Sector Popularity Continues, Beware of the Risks Associated with New Memecoin Rug Pulls image 11
  • Popular Projects
Bitget Research: Meme Sector Popularity Continues, Beware of the Risks Associated with New Memecoin Rug Pulls image 12
  • Key Projects:

SUIBG (Token), SUI Futures Bitget — BitKeep and Bitget jointly launched an airdrop of a futures token called SUIBG (SUI Futures Token), which will serve as a credential for the native token SUI after the Sui Network mainnet is launched in the future. According to information from BitKeep’s Twitter, the exchange rate for SUIBG and SUI is 10:1. The SUI token has a public offering price of US$0.1/SUI. Users can earn up to 1000+ free SUIBG by completing BitKeep-related tasks, which can be exchanged for 100+ $SUI token rewards after the launch of SUI (campaign ends on April 24).

Fallen Eye (NFT) — An NFT project that completed its sale on Polygon today. The floor price is only 0.002 ETH, but the total trading volume has already reached 4 ETH, indicating extremely high community trading interest. The project is developing an RPG game within the Sui ecosystem, and it has garnered decent community interest. https://opensea.io/collection/fallen-eye-pass-to-abyss-colosseum

3.1.3 Existing User Profile

  • Core Data: The number of Polygon active existing users is 235,733, with a daily decrease of 7.58%
  • Popular Sectors
Bitget Research: Meme Sector Popularity Continues, Beware of the Risks Associated with New Memecoin Rug Pulls image 13
  • Popular Projects
Bitget Research: Meme Sector Popularity Continues, Beware of the Risks Associated with New Memecoin Rug Pulls image 14
  • Key Projects:

Stargate Finance (DApp) — Stargate, developed by the LayerZero Labs team, is a fully composable liquidity transfer protocol that serves as the core of OmniChain DeFi. With Stargate, users and DApps can transfer native assets across 7 chains (with more to come in the future). Stargate recently collaborated with PancakeSwap on a joint mission activity on Layer 3, where participants can receive exquisite NFTs as rewards.

3.2 Popular Trading Pairs

3.2.1 Uniswap V3

Bitget Research: Meme Sector Popularity Continues, Beware of the Risks Associated with New Memecoin Rug Pulls image 15

SUIBG (Token) — BitKeep Official has not established a trading pool on DEX, so trading SUIBG on DEX may result in higher fees and poorer liquidity. It is recommended to obtain SUIBG only through official channels.

4.1 User Profile

4.1.1 Core Data

  • Arbitrum Active Users: 349,268
  • Arbitrum New Active Users: 65,584, with a daily increase of 21.75%
  • Arbitrum Existing Active Users: 283,684, with a daily decrease of 14.60%

4.1.2 New User Profile

  • Core data: There were a total of 65,584 new active users on Arbitrum yesterday, with a daily increase of 21.75%
  • Popular Sectors
Bitget Research: Meme Sector Popularity Continues, Beware of the Risks Associated with New Memecoin Rug Pulls image 16
  • Popular Projects
Bitget Research: Meme Sector Popularity Continues, Beware of the Risks Associated with New Memecoin Rug Pulls image 17
  • Key Projects:

AIDOGE (Token) — An Arbitrum community memecoin project, with AI-generated code and free airdrops for ARB airdrop users. AIDOGE’s popularity has risen alongside new memecoins such as Pepe and Aishib, attracting hot money inflows and exhibiting a good price trend. The token is available on Bitget.

REKT (Token) — A Free2Mint token established on Arbitrum, with 147,719 holders and 35,000 weekly unique addresses trading on the platform, indicating extremely high community trading interest. Bitget has recently listed REKT for trading.

4.1.3 Existing User Profile

  • Core data: The number of Arbitrum active existing users is 283,684, with a daily decrease of 14.60%
  • Popular Sectors
Bitget Research: Meme Sector Popularity Continues, Beware of the Risks Associated with New Memecoin Rug Pulls image 18
  • Popular Projects
Bitget Research: Meme Sector Popularity Continues, Beware of the Risks Associated with New Memecoin Rug Pulls image 19
  • Key Projects:

AISHIB (Token) — AISHIB is a dog-themed memecoin. Yesterday, the countdown ended and the airdrop collection began. Its mechanism is similar to AIDOGE, with a 15% transaction tax. However, the token distribution and reward mechanism are more complex than AIDOGE. Currently, the DEX liquidity is at US$16,400, with a total market cap of US$1.8 million. The candlestick chart shows a downward trend, and its popularity is gradually decreasing. It is important to maintain a watchful stance.

4.2 Popular Trading Pairs

4.2.1 Uniswap V3

Bitget Research: Meme Sector Popularity Continues, Beware of the Risks Associated with New Memecoin Rug Pulls image 20

AIPig (Token) — A memecoin that is riding the hype, but after a 5x surge in price yesterday, it plummeted and is now close to zero. The high popularity of the meme sector makes users enthusiastic about shitcoins, but many “scam projects” are flooding the market, which requires caution when investing.

5.DApp Ecosystem — All Chains

Bitget Research: Meme Sector Popularity Continues, Beware of the Risks Associated with New Memecoin Rug Pulls image 21

ISKRA (DApp) Iskra is a blockchain gaming platform built on Klaytn, bringing together gamers and game studios. The platform allows gamers to explore and enjoy high-quality blockchain games and create their own communities. Users can access new gaming projects through the platform’s Launchpad. On April 20th, it was announced that Iskra will be conducting its second promotional activity on Zealy, where users who complete tasks will have the chance to win a share of 5400 ISK and 5400 USDT in rewards.

Game Trade Market (DApp) — A platform on the Solana chain specifically for discovering and trading NFTs within games. Yesterday, the UAW experienced a rapid increase, mainly due to the promotional campaigns of Crew3, which were launched this month. Additionally, it frequently holds various promotional campaigns on social media, so it is important to keep a close watch on the project.

Bitget Research: Meme Sector Popularity Continues, Beware of the Risks Associated with New Memecoin Rug Pulls image 22

Nakamigos (NFT) — CryptoPunks style PFPs NFT with 34,000 followers on Twitter and followed by over 30 KOLs, making it a highly popular NFT. Currently, it has 5831 holders, a floor price of 0.31 ETH, and a total trading volume of 30,855 ETH. https://opensea.io/collection/nakamigos

DexView (DApp) — A one-stop DEX token trading and market sentiment website, with 1,881 followers on Twitter and 100+ online users. The recent market sentiment for the meme sector is good, which may lead to an increase in the number of users for such websites, so it is essential to stay updated on this project.

Bitget Research: Meme Sector Popularity Continues, Beware of the Risks Associated with New Memecoin Rug Pulls image 23

Pinksale (DApp) — A Launchpad project on the BSC chain. According to DeFiLlama data, it ranks sixth in TVL on the BSC chain. Recently, they announced their official partnership with DexView, resulting in significant traffic inflow.

Bitget Research: Meme Sector Popularity Continues, Beware of the Risks Associated with New Memecoin Rug Pulls image 24

QuickSwap (DApp) — QuickSwap is the largest native decentralized exchange on the Polygon chain. Recently, they held a trading competition where participants could win US$54,600 in trading rewards. The recent traffic has been good. It is essential to stay updated on this project.

Bitget Research: Meme Sector Popularity Continues, Beware of the Risks Associated with New Memecoin Rug Pulls image 25

NiftyKicks Factory (DApp) Nifty Kicks is the first P2E game built on the Wax chain with a factory concept. It has 12,000 followers on Twitter, but the community posting frequency is relatively low. It is not recommended to pay special attention to this project for now.

Bitget Research: Meme Sector Popularity Continues, Beware of the Risks Associated with New Memecoin Rug Pulls image 26

Race Poker (DApp) — A Texas Hold’em poker project on the Solana chain. Currently, the community traffic reflected on Twitter is average, with a low follower count. Recently, it held promotional activities like poker tournaments, but the overall popularity is relatively average. The main game modes are “Sit & GO” and “Cash Game,” but the overall UAW is still low.

Bitget Research: Meme Sector Popularity Continues, Beware of the Risks Associated with New Memecoin Rug Pulls image 27

Rhino (DApp) This is a DeFi project deployed on Zksync Era and it is currently running a promotional campaign. By using rhino.fi, users can benefit from reduced fees when transferring funds from ETH to the Zksync ecosystem. The project also supports cross-chain asset operations from Arbitrum. As a native project on Zksync, interacting with Rhino may result in Zksync and Rhino’s own airdrop rewards, making it an important project to interact with.

Bitget Research: Meme Sector Popularity Continues, Beware of the Risks Associated with New Memecoin Rug Pulls image 28

Iskra and Secondlive were explained earlier in the report.

Bitget Research: Meme Sector Popularity Continues, Beware of the Risks Associated with New Memecoin Rug Pulls image 29

MEV bot (DApp) — The recent surge in popularity of the memecoin sector has significantly increased the activity on MEV. Among these, the address jaredfromsubway.eth has the highest activity level. In the past 24 hours, it paid 285 ETH in gas fees and a total of 5970 ETH (approximately US$10.6 million) in the past three months. The address achieved a net profit of US$2.3 million in the last seven days.

BLUR (DApp) — On April 23, BLUR platform traded a total of 9282 ETH, with OpenSea trading 3133 ETH and OpenSea Pro 688 ETH. The recent trading volume in the NFT market has been fluctuating downwards, and the trading volume on the Blur platform has decreased significantly. The BLUR token price followed BTC’s short-term correction. On April 22, an error was detected in the order placing function, which has since been fixed, and affected users have been compensated.

Bitget Research: Meme Sector Popularity Continues, Beware of the Risks Associated with New Memecoin Rug Pulls image 30

Hook (DApp) — Recently, Binance announced the 31st Launchpad project, Open Campus. Hook has a similar positioning, and its product Hooked Academy has already launched. As a concept in the Web3 education field, it may have significant room for hype.

Bitget Research: Meme Sector Popularity Continues, Beware of the Risks Associated with New Memecoin Rug Pulls image 31

mXENT (Token) — XEN Torrent is a token deployed by Xen Crypto on different EVM chains. Currently, mXEN is deployed on the Polygon chain. Due to the continuous deflation of XEN’s ETH version and the upcoming launch of Fenix on Polygon on April 29, the mXEN token has seen a massive increase in value. However, the on-chain liquidity pool is relatively small. The upward trend has fueled users’ enthusiasm for minting mXENT on the chain. It is essential to stay updated on XEN deployed on the Polygon chain. https://opensea.io/collection/xenft-polygon-by-xen-crypto

Bitget Research: Meme Sector Popularity Continues, Beware of the Risks Associated with New Memecoin Rug Pulls image 32

REKT (Token) — Those eligible for the ARB airdrop can claim REKT. Compared to AIDOGE, REKT has a team, LP+Staking rewards, and marketing efforts. The token’s trading volume in the last 24 hours reached US$23 million, with on-chain liquidity of US$754,000. https://www.dextools.io/app/en/arbitrum/pair-explorer/0xa500fdcb1224bd45fb590e0c492e10851655e151

Bitget Research: Meme Sector Popularity Continues, Beware of the Risks Associated with New Memecoin Rug Pulls image 33

DIONE (Token) — Positioned as a Layer 1 blockchain, DIONE announced on April 24th that it would launch a decentralized network, Orion, built on Starlink. This news received 325,000 views on Twitter and spurred the token price to continuously reach new highs. Over the past month, the token has experienced a 4.5x increase. https://www.dextools.io/app/en/ether/pair-explorer/0xeedff72a683058f8ff531e8c98575f920430fdc5

TOMI (Token) — TOMI is a project dedicated to developing a decentralized alternative internet network as a foundational infrastructure platform for Web3 Recently listed on Bitget, the token’s 24-hour trading volume reached US$7.05 million. The project has also held AMA events with multiple exchanges.

There is no data available for today due to issues with the data source update.

There is no data available for today due to issues with the data source update.

Bitget Research: Meme Sector Popularity Continues, Beware of the Risks Associated with New Memecoin Rug Pulls image 34
Bitget Research: Meme Sector Popularity Continues, Beware of the Risks Associated with New Memecoin Rug Pulls image 35

PEPE (Token) is a highly popular memecoin that has driven the entire meme sector to take off recently. Its daily on-chain trading volume has reached US$20 million, and it has been traded 167,000 times on DEXs in the past week. It has risen by over 5000x from the bottom, and both in terms of the wealth effect and on-chain activity, it is a phenomenon-level memecoin in recent times. https://www.dextools.io/app/en/ether/pair-explorer/0xa43fe16908251ee70ef74718545e4fe6c5ccec9f

Bitget Research: Meme Sector Popularity Continues, Beware of the Risks Associated with New Memecoin Rug Pulls image 36
Bitget Research: Meme Sector Popularity Continues, Beware of the Risks Associated with New Memecoin Rug Pulls image 37

a) South Asia Region

India Trending Tokens: DENT, PIE, LOOP

Pakistan Trending Tokens: DCA, DOGE

b) Southeast Asia Region

Philippines Trending Tokens: TRX, BTC, GALA, XEN

Vietnam Trending Keywords: crypto market, crypto news, crypto bubbles

Indonesia Trending Keywords: DOGE, BTC

Malaysia Trending Keywords: binance, bitcoin, luna

Singapore Trending Keywords: binance

c) East Asia and Hong Kong, Macau, and Taiwan Trending Keywords: crypto meaning, crypto news

Bitget Research: Meme Sector Popularity Continues, Beware of the Risks Associated with New Memecoin Rug Pulls image 38
Bitget Research: Meme Sector Popularity Continues, Beware of the Risks Associated with New Memecoin Rug Pulls image 39

a) CIS Region Trending Keywords: Airdrop crypto, Crypto wallet;

Trending Tokens: XEN

b) English-speaking Countries

UK Trending Tokens: XRD, ACH, BONK

Australia Trending Tokens: ETH, GALA, BTC

USA Trending Tokens: RENQ, VRA, CELT, CSPR

Canada Trending Tokens: ANKR, CRV, PI, DOGE, LTC

c) Europe

Spain Trending Tokens: ETH, HEX, ADA, ATOM, GALA, VRA

Italy Trending Tokens: ADA, TRX, SOLANA, PEPE, SLP, ICP

France Trending Tokens: SLP, CELT, NEO, PI, PEPE, TAO, GMX, WLKN

Germany Trending Tokens: PEPE, SHIB, QNT, XEN

Turkey Trending Tokens: crypto news, ISO2022, crypto bubbles

Bitget Research: Meme Sector Popularity Continues, Beware of the Risks Associated with New Memecoin Rug Pulls image 40
Bitget Research: Meme Sector Popularity Continues, Beware of the Risks Associated with New Memecoin Rug Pulls image 41

a) Africa

Trending Tokens: xen;

Trending Keywords: metamask, crypto news, crypto prices, crypto wallet

b) Middle East

Trending Tokens: SOL;

Trending Keywords: top crypto exchange, crypto bubbles, coinbase

c) Latin America

Brazil Trending Tokens: ADA, DASH, GALA

Argentina Trending Keywords: crypto store, crypto arena

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