Metaverse app BUD raises another $36.8M

The Series B financing round was led by Sequoia Capital India. The new infusion brings BUD’s total financing to over $60 million.

👉 techcrunch.com/2022/05/22/metaverse-social-bud-funding-37-million/

CRYPTOMARKET DAILY OVERVIEW

Within the last day, the following changes on the crypto market occurred:
🔹 $BTC price increased by 3.3% and lost 3.0% in the last 7D
🔹 GET Protocol $GET grew by 55.8% and led the NFT Gainers Rank
🔹 Augur $REP gained 75.2% and headed the DeFi Gainers Rank

TOP-13 ERC-20 PJTs BY DAILY NETWORK GROWTH

Daily network growth - a number of new addresses that transferred a given token for the first time within the last day.

TOP-11 POLKADOT GAINERS BY 24H TRADING VOLUME

Presenting Polkadot PJTs with the highest percentage increase of Trading Volume within the last 24H.

Infinitypad $INFP will hold WalkN $WALKN IDO

WalkN is a web3 fitness app that integrates the Move-To-Earn mechanism through activities like Walking, Jogging & Running to reward its users.

IDO details
1️⃣ Start: May 30, 16:00 UTC
2️⃣ Token price: $0.0049
3️⃣ Fundraising: $100K
4️⃣ Initial Market Cap: $196K
5️⃣ Whitelisting: gleam.io/ecLSm/walkn

POLYGON ECOSYSTEM WEEKLY OVERVIEW

Within the last week, the following changes in the Polygon Ecosystem occurred:
🔹 Market Cap decreased by $3.0B down to $12.1B.
🔹 PolyDoge $POLYDOGE gained 161% and got 1st place in the Top-5 Weekly Price Gainers.
🔹 IDEX $IDEX increased its TVL by 32.5% and got 1st place in the Top Weekly TVL Gainers.

TOP-11 METAVERSE 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 Metaverse PJTs.

Protego Trust bank has closed $70M Series A Funding Round

The fundraising was led by investment arms of FTX, Coinbase, Algorand, Avalanche, Cardano and Solana, as well as Digital Currency Group.

👉 theblockcrypto.com/post/148226/protego-trust-bank-fundraise

TOP-11 NFT 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.

TOP-8 PJTs BY SOCIAL ACTIVITY

Introducing PJTs with the highest LunarCrush Galaxy Score.
Galaxy Score indicates how healthy a coin is by looking at combined performance indicators across markets and deep social engagements.

Filecoin Foundation partners with the American aerospace tech firm Lockheed Martin

The collaboration intends to build infrastructure to share information, hasten communication and reduce storage costs between earth and space.

👉 theblockcrypto.com/linked/148279/filecoin-foundation-and-lockheed-martin-partner-to-bring-decentralized-storage-to-space

TOMORROW’S CRYPTO EVENTS

Presenting the most important crypto market events that will take place on May 24th.

ADDX, a Singapore-based trading platform for digital securities, raises $58M in pre-Series B funding round

New shareholders in the business include SET Venture Holding, a subsidiary of the Stock Exchange of Thailand; UOB; Hamilton Lane; and Krungsri Finnovate.

👉 theblockcrypto.com/linked/148400/digital-securities-platform-addx-raises-58-million

TOP-13 NFT GAINERS BY WEEKLY SOCIAL VOLUME

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

Coinbase has added BNB Chain (BNB) and Avalanche (AVAX) to its list of supported networks for the Coinbase Wallet

It will give traders far greater access to tokens that are not listed on the Coinbase exchange. The added functionality brings the total supported networks up to four, including Ethereum (ETH) and Polygon (MATIC).

👉 cointelegraph.com/news/coinbase-offers-thousands-of-tokens-in-new-swap-feature

TOP-13 PROTOCOL PJTs BY EXCHANGE IN/OUTFLOW

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

CRYPTOMARKET DAILY OVERVIEW

Within the last day, the following changes on the crypto market occurred:
🔹 $BTC price decreased by 3.8% and lost 2.3% in the last 7D
🔹 XDEFI $XDEFI grew by 42.2% and led the NFT Gainers Rank
🔹 Beta Finance $BETA gained 82.2% and headed the DeFi Gainers Rank

SuperRare has been listed on Crypto.cоm

SuperRare $RARE is now listed in the Crypto.cоm $CRO App. Users can now purchase $RARE at true cost with $USD, $EUR, $GBP, and 20+ fiat currencies, and spend it at over 80 million merchants globally using the Crypto.сom Visa Card.

👉 twitter.com/Cryptocom_Insto/status/15

TOP-11 PJTs WITH MARKET CAP FROM $300M TO $500M 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.

MEME MARKET WEEKLY OVERVIEW

Within the last week, the following changes on the MEME market occurred:
🔹 Market Cap decreased by $1.8B down to 18.6B
🔹 PolyDoge $POLYDOGE gained 108% and got 1st place in the Top Weekly Price Gainers.
🔹 Marvin Inu $MARVIN got 1st place in the Top-5 PJTs by LunarCrush AltRank

TOP-11 YIELD FARMING PJTs BY RELATIVE LIQUIDITY RATIO*

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.