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Bitget Wallet Weekly Report|20.Mar- 24.Mar

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About this week:

Another wave of Arbitrum hype has begun, especially with its new token offering - but the industry is still dominated by DEX. It is worth noting that after the early Beta of Shiba Inu Layer2 network Shibarium went live, most of the projects, including Meme concept, besides the new projects of Shibarium, have shown good gains. For example, $HAMI and $ARBINU have Arb+Meme dual concept, up 304% and 175% respectively in the last seven days. Earlier this month, there have been projects that have seen their token prices rally many times in a short period of time, so do consider paying more attention to this ecosystem.

In the past week, a total of 19 new projects were added to our online database. The chart below shows the top performing projects in the past week and reflects the overall increase in the recent week.

Bitget Wallet Weekly  Report|20.Mar- 24.Mar image 0

The Bitget Wallet (Previously BitKeep) Institute continually searches for promising projects and showcases trending statistics to allow all Bitget Wallet (Previously BitKeep)ers to best capitalize on the hottest market trends. All projects mentioned in this article can be traded on the Bitget Wallet (Previously BitKeep) wallet.

MEME:

Hamachi Finance($HAMI)

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$HAMI is a Meme-Fi project that not only plays around with cheeky memes, it also has a DeFi reward mechanism. Users holding $HAMI can earn rewards by farming for tokens from other projects that are backed by this protocol.
So far, the total value of participation in farming through holding $HAMI is over 435 ETH. Upon internal consideration within the team, users will be able to farm multiple tokens/projects at the same time just by holding $HAMI. In addition, the team is also actively expanding to more chains besides Arbitrum chain.

Arbinu ($ARBINU)

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Arbinu is a community-owned, fair-launched token that was born out of a desire to create a home for all members of the greater Arbitrum ecosystem.
With the recent spike in community activity and multiple consecutive reward campaigns, it has received a lot of attention from the market and will soon open a Moonbag NFT mint! $ARBINU has a dual concept of Arb+meme, better hype than single concept tokens, and just burned 1,969,000 Arbinu (worth about $15,000) last week, up nearly 200% this week.
In addition, MAGIC BRIDGE will also be launched in the future to accelerate the growth of the ecosystem.

Doge KaKi($KAKI)

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As the leading Hong Kong concept meme on the BSC chain, $KAKI has been listed on major trading platforms such as Bitget, Pancake, DigiFinex, etc.
With the opening up of Hong Kong, $KAKI boasts three different characteristics of"Hong Kong, SHIB and MEME", and has a strong ability to rub off on hotspots. Coupled with a vibrant community and enthusiastic trading, be sure to check it out!

Arbitrum:

Swapr($SWPR)

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Swapr is a multi-chain automated market maker (AMM) deployed on the Ethereum mainnet, xDai, and Arbitrum.
Swapr is the first AMM to allow swap fees to be adjusted through governance and is also the first DAO to deploy the DeFi protocol on Ethereum.
It was awarded 500K ARB in this week's ARB airdrop, and as an Arbitrum board project, it followed the trend up this week. This is on top of the upside that its own market cap sits at only 1.7M.

Trader Joe($JOE)

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Trader Joe ($JOE) is your one-stop decentralized trading platform on the Avalanche network, and combines DEX services with DeFi lending to offer leveraged trading.Trader Joe announced rewards for epoch 2 liquidity book, and announced the upcoming launch of epoch 3, which includes ARB pairs with unprecedented reward sizes.
The project also recently tweeted a video hinting at a product update.
Currently, Trader Joe supports Arbitrum, Avalanche, and OP main networks, and the JOE token price is up 22.8% in 24 hours.

WINR Protocol($WINR)

WINR Protocol ($WINR) is a fully automated liquidity infrastructure on Arbitrum that was built to support the development of on-chain gaming projects.
The beta network has also just recently gone live and is about to open a beta network on OP as well, which is rapidly growing. Officially, the product will be launched on April 15, and the dual concept of "Arbitrum+Gameble" can be promising.
Currently $WINR is online on Uniswap, Camelot and BKEX, and the number of Dex trading addresses this week is 2890+, with high enthusiasm for on-chain trading. Its price performance is also commendable, rallying 110% since its launch.

Other

Square Token ($SQUA) Keyword:BNB+DEX

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Square Token (SQUA) is a meme coin on BSC. Square Token (SQUA) is a token developed exclusively for the payment of fees within goods and services ecosystems.
Square Token is automatically burned when fees are paid, making it a highly demanded deflationary utility token within a community of over 100,000 active users.
$SQUA has gained 114.4% in the past week. Looking at the market, the recent trend is strong, with a recent spike in transactions that has surpassed the liquidity pool in the short term.

ZigZag ($ZZ) Keyword:ZK+ETH+DEX

ZigZag Exchange is a decentralized exchange (DEX) powered by ZK-rollups on Arbitrum. Testnet tokens can be traded on the ZigZag exchange.
Influenced by zkSync Lite's order thin DEX ZigZag tweet, zkSync Lite saw a surge of activity on the chain, with the exchange processing nearly 100,000 transactions in 24 hours. In addition, chain users were excited to interact with high-level projects such as zkSync following Arbitrum's airdrops. While there were not many interactable projects on zkSync Lite, ZigZag, despite its general product interaction experience, is another difficult link to bypass, and ZigZag will continue to have a high level of transaction activity.

MUTE($MUTE) Keyword:ZK+ETH+DEX

Bitget Wallet Weekly  Report|20.Mar- 24.Mar image 7

MUTE is a #zkRollup based DEX that includes a limit order, farming platform and bond platform. It is currently built on Ethereum and zkSync mainnets.
MUTE is a token for Mute.io, which improves accessibility to cryptocurrency and DeFi trading for the masses. On Mute.io, you can exchange tokens, buy $MUTE, increase liquidity, and potentially qualify for zkSync airdrops.

Conclusion:

Following Arbitrum's airdrops, the number of daily active users on both zkSync and StarkNet have increased by about 10x. The lower fees are driving more projects and users to participate in the ZkSync ecosystem, which is one of the reasons why ZkSync 2.0 has the potential to surpass even Arbitrum and Optimism. zkSync has not yet fully launched, but has already attracted over 150 projects with a TVL of $65 million, so keep an eye out for them! Bitget Wallet (Previously BitKeep) will also be the first to share the latest updates with all Bitget Wallet (Previously BitKeep)ers.

Join Bitget Wallet (Previously BitKeep) English Official Telegram Group for more information: https://t.me/Bitkeep_New

?Risk warning: Digital currency is a high-risk investment method. Investors are advised to purchase cautiously and pay attention to investment risks. Bitget Wallet (Previously BitKeep) will select high-quality currencies, but does not undertake guarantee, compensation and other responsibilities for investment behavior. Digital asset contract trading is an innovative product with high risks and strong professionalism. Please judge your investment ability rationally and make investment decisions prudently.


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