Klaytn to be listed on Huobi Global

Huobi Global will list Klaytn $KLAY in the Pioneer Zone on May 18, when the deposit volume meets the demand of market trading.

👉 huobi.com/support/en-us/detail/54907016545601

TOP-8 PJTs WITH 24H TRADING VOLUME EXCEEDING THEIR MARKET CAPITALIZATION

The infographic shows the highest level of token liquidity and the huge demand for $RPG, $DEGO, $KEY, $MLN, $LOKA, $TLM, $GAL, and $FIS that overcame the current market cap of the tokens.

POLYGON ECOSYSTEM WEEKLY OVERVIEW

Within the last week, the following changes in the Polygon Ecosystem occurred:
🔹 Market Cap decreased by $20.0B down to $253B.
🔹 Panther Protocol $ZKP gained 41.4% and got 1st place in the Top-5 Weekly Price Gainers.
🔹 Nord Finance $NORD increased its TVL by 34.7% and got 1st place in the Top Weekly TVL Gainers.

Polygon is helping Terra blockchain projects

Polygon is working with a number of Terra projects to assist them to migrate to the Polygon Network after the Terra (LUNA) collapse last week.

👉 cointelegraph.com/news/polygon-and-others-extend-helping-hand-to-terra-blockchain-projects

Web3 gaming and entertainment company Metatheory has raised $24 million

The funding round was led by Andreesen Horowitz, with Pantera Capital, FTX Ventures, Dragonfly Capital, and others participating.

👉 decrypt.co/100580/twitch-co-founder-kevin-lin-24m-web3-gaming-metatheory

TOP-13 BNB CHAIN ECOSYSTEM PJTs BY DAILY NETWORK GROWTH

Network growth - a number of new addresses that transferred a given token for the first time.

Ethereum-based Not Okay Bears NFT project has been launched today

Not Okay Bears is a new Ethereum NFT project that uses reversed artwork from Solana’s Okay Bears project.

👉 decrypt.co/100591/ethereum-okay-bears-nft-knockoff-solana

TOP-11 ERC-20 GAINERS BY 24H TRADING VOLUME

Presenting ERC-20 PJTs with the highest percentage increase of Trading Volume within the last 24H.

BitMEX launches Spot Crypto Exchange

Founded in 2014, BitMEX has never offered spot crypto trading till now. At launch, the exchange supports seven pairs including BTC, ETH, LINK, UNI, MATIC, AXS, APE, USDT.

👉 cointelegraph.com/news/bitmex-launches-spot-crypto-exchange-following-30m-penalty

CRYPTOMARKET DAILY OVERVIEW

Within the last day, the following changes on the crypto market occurred:
🔹 $BTC price increased by 3.0% and added 1.0% in the last 7D
🔹 Bomber Coin $BCOIN grew by 62.3% and led the NFT Gainers Rank
🔹 IDEX $IDEX gained 66.6% and headed the DeFi Gainers Rank

TOP-8 PJTs WITH 24H TRADING VOLUME EXCEEDING THEIR MARKET CAPITALIZATION

The infographic shows the highest level of token liquidity and the huge demand for $RARE, $QI, $ONSTON, $TLM, $IDEX, $SKILL, $BIN, and $CHESS that overcame the current market cap of the tokens

Partisia Blockchain has partnered with NGO red.org and Binance NFT’s to support people’s access to life-saving vaccines

Purchased RED's NFTs will give users guaranteed, early access to Partisia Blockchain's public sale to secure their allocations.

👉 red.partisiablockchain.com/

TOP-11 DEFI 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 DEFI PJTs.

Coinbase expands features for DApps use

This additions will allow Coinbase App users to access Ethereum-based DApps (OpenSea, Uniswap, etc.) directly from the Coinbase App.

👉 coindesk.com/business/2022/05/16/coinbase-expands-features-allowing-some-app-users-to-access-ethereum-based-dapps/

MEME MARKET WEEKLY OVERVIEW

Within the last week, the following changes on the MEME market occurred:
🔹 Market Cap decreased by $5.1B down to 19.7B
🔹 WallStreetBets $WSB gained 36.2% and got 1st place in the Top Weekly Price Gainers.
🔹 Baby Doge $BABYDOGE got 1st place in the Top-5 PJTs by Galaxy Score

TOP-11 METAVERSE PJTs BY RELATIVE INCREASE OF TRADING VOLUME

Relative Increase of Trading Volume is a percentage ratio of 24H Trading Volume to Average Daily Trading Volume within the last 30 days.

Coppola-backed Decentralized Pictures launches Web3 film funding platform

The application is to go live during the Cannes Film Festival on May 20 with a documentary film award. Two winning projects will receive up to $50,000 each in finishing funds, alongside mentorship from the Decentralized Pictures Foundation and The Gotham.

👉 decrypt.co/100622/coppola-backed-decentralized-pictures-launches-web3-film-funding-platform

TOMORROW’S CRYPTO EVENTS

Presenting the most important crypto market events that will take place on May 18th.

Universal Music Group has signed a deal with LimeWire

The major music label behind Taylor Swift, U2, Kendrick Lamar, and BTS will let artists drop NFTs on the new Web3 version of LimeWire, which announced its own NFT marketplace on Algorand.

👉 decrypt.co/100704/universal-music-group-nfts-limewire-algorand-marketplace

CRYPTOMARKET DAILY OVERVIEW

Within the last day, the following changes on the crypto market occurred:
🔹 $BTC price decreased by 1.4% and lost 3.2% in the last 7D
🔹 Niftyx Protocol $SHROOM grew by 31.1% and led the NFT Gainers Rank
🔹 IDEX $IDEX gained 45.4% and headed the DeFi Gainers Rank