CRYPTOMARKET DAILY OVERVIEW

Within the last day, the following changes on the crypto market occurred:
🔹 Bitcoin $BTC price decreased by 7.8% and lost 8.1% in the last 7 days
🔹 NFT Protocol $NFT increased its price by 57.6% and got 1st place in the Top NFT Price Gainers Rank
🔹 Mint Club $MINT gained 28.7% and took 1st place in the Top DeFi Price Gainers Rank

KRAKEN TO LIST FETCH.АI AND THORCHAIN

Kraken will list Fetch.аi $FET and THORchain $RUNE on May 6 at approximately 14:30 (UTC). Funding is live now. All tokens are tradeable against $USD and $EUR on Kraken and the Kraken Pro.

👉 blog.kraken.com/post/13957/trading-for-fet-and-rune-starts-may-6-deposit-now/

TOP-11 PJTs WITH MARKET CAP FROM $20M TO $30M BY UNDERVALUATION INDEX (UI*)

*UI is a Market Cap to 24H Trading Volume ratio applied to PJTs with a similar Market Cap. The lower the UI, the more the PJT is undervalued.

Bitcoin.сom completes a $33.6M Private Sale for its new Ecosystem token $VERSE

Verse will expand Bitcoin.сom's ecosystem of cryptocurrency products and services, linking the utility and rewards features of the VERSE token to every step in the crypto journey for everyday people.

👉 finance.yahoo.com/news/bitcoin-com-completes-33-6m-214831885.html

Cryptolaxy Community Challenge (Day 10)

Dear Cryptolaxians!

Here is the 10th of 10 questions. We expect community members to give replies or comments on the question in the Telegram Community Chat.

Question 10: What are the different ways in which you have been scammed in your crypto journey so far?

👉 Cryptolaxy Community Chat
👉 The Challenge terms and conditions

TOP-13 DEFI PJTs WITH THE LOWEST P/S RATIO*

P/S is a Price to Sales ratio (Fully Diluted MC to Annualized Revenue). A higher ratio indicates that the PJT’s network is generating lower revenue relative to the historical market capitalization, and thus may be overvalued. And vice versa, a low ratio could imply that the PJT is undervalued.

Typo moves $36 million in seized JUNO tokens to a wrong wallet

A community vote last week was supposed to seize $JUNO tokens from a whale wallet. Rather than send the funds to a Juno community address, a programming mix-up sent the funds to the wrong address. As a result, the seized funds ended up moving to a crevice of the Juno blockchain where nobody has access.

👉 coindesk.com/tech/2022/05/05/typo-moves-36m-in-seized-juno-tokens-to-wrong-wallet/

FANTOM MARKET WEEKLY OVERVIEW

Within the last week, the following changes on the Fantom market occurred:
🔹 Starter $START led the Price Gainers Rank with 55.6% increase
🔹 NEM $XEM took the 1st place by Weekly Trading Vol. growth
🔹 Curve DAO $CRV TVL reached $592M making it Top-1 among Fantom PJTs

Morningstar Ventures has announced its next strategic initiative - egld.gg - the first gaming guild dedicated to the Elrond ecosystem

egld.gg will be a hub for Elrond $EGLD gamers, where they can get early access to the latest and hottest games, earn rewards, contribute to interesting ideas, make friends and have fun.

👉 morningstar-ventures.medium.com/the-first-gaming-guild-dedicated-to-the-elrond-ecosystem-%EF%B8%8F-44dffdd404b2

TOP-13 POLYGON GAINERS BY WEEKLY SOCIAL VOLUME GROWTH

Introducing Polygon PJTs with the highest weekly social volume growth, showing an increased interest in the PJTs within the last week.

TOP-11 BNB CHAIN PJTs BY RELATIVE LIQUIDITY RATIO (RLR)

RLR is a 24H Trading Volume to Market Cap ratio. The higher the ratio, the higher traders' interest in the Token and token liquidity. A high RLR ratio may potentially lead to an increase in the token price.

WEEKEND'S CRYPTO EVENTS

Presenting the most important crypto market events that will take place this weekend.

Sony and Theta Labs launch 3D NFTs that you can almost touch

The limited-edition NFT collection will be viewable on the Sony Spatial Reality Display (SRD), which creates the sensation of solid 3D objects without any accessories.

👉 decrypt.co/99600/sony-theta-labs-launch-3d-nfts-you-can-almost-touch

Irreverent Labs has raised $40 million to further boost its efforts to create MechaFightClub, a robot cock fighting game that uses NFTs

👉 venturebeat.com/2022/05/06/irreverent-labs-raises-40m-for-nft-robot-cock-fighting-game-mechafightclub

CRYPTOMARKET DAILY OVERVIEW

Within the last day, the following changes on the crypto market occurred:
🔹 Bitcoin $BTC price decreased by 0.6% and lost 6.7% in the last 7 days
🔹 Utopia Genesis Foundation $UOP increased its price by 38.1% and got 1st place in the Top NFT Price Gainers Rank
🔹 Step Finance $STEP gained 22.1% and took 1st place in the Top DeFi Price Gainers Rank

AVALANCHE MARKET WEEKLY OVERVIEW

Within the last week, the following changes on the Avalanche market occurred:
🔹 Step App $FITFI increased its price by 107% and led the Gainers Ranking.
🔹 Snowball $SNOB TVL increased by 32.6% and led the TVL Gainers.

NEXT WEEK'S CRYPTO EVENTS

Presenting the most important crypto market events that will take place next week.

TOP-13 MOONBEAM ECOSYSTEM PJTs BY EXCHANGE OUTFLOW

Exchange inflow - a percentage of tokens are moved from non-exchange to exchange wallets out of a total token flow.
Exchange outflow - a percentage of tokens are moved from exchange to non-exchange wallets out of a total token flow.

Instagram to support NFTs from Ethereum, Polygon, Solana, and Flow

The social media powerhouse won’t charge users for showcasing their crypto art. NFTs are coming to Instagram with the announcement of a pilot as soon as Monday.

👉 coindesk.com/business/2022/05/08/metas-instagram-to-support-nfts-from-ethereum-polygon-solana-flow/

THIS WEEK CRYPTO EVENTS RECAP

Presenting the most interesting and important crypto market events that took place this week.

TOP-11 SMART CONTRACT PJTs BY UNDERVALUATION INDEX (UI*)

*UI is a Market Cap to 24H Trading Volume ratio. The lower the UI, the more the PJT is undervalued.

Presenting the most undervalued PJTs among Smart Contract PJTs.