Top-11 Gaming 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 Gaming PJTs.

Sunflower Land partners with Million on Mars for a cross-chain event

Sunflower Land, a Play-to-Own crypto farming game on Polygon, and Million on Mars, a Play-and-Own strategy game on WAX, have partnered to bridge Universes and create genuine interoperability.

👉 wax-io.medium.com/million-mars-and-sunflower-land-partnering-to-send-players-on-the-ultimate-quest-92602f209f21

Avalanche submits proposal for ApeCoin DAO

Avalanche developers asked the ApeCoin community to consider building out the Bored Ape Yacht Club metaverse as an Avalanche subnet, a proposal shows.

👉 coindesk.com/business/2022/05/25/avalanche-submits-subnet-proposal-for-apecoin-daos-metaverse-migration/

NFT MARKET WEEKLY OVERVIEW

Within the last week, the following changes on the NFT market occurred:
🔹 Total NFT Market Cap increased by $1.2B up to $20.1B
🔹 Gods Unchained $GODS increased its price by 113% and got 1st place in the Top NFT Coin Price Gainers
🔹 The most expensive NFT sale was Bored Ape #5555 (Bored Ape Yacht Club) with a deal price of $580K.

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, $AQT, $WIN, $AKRO, $VITE, $BETA, $DEGO, and $VIDT that overcame the current market cap of the tokens.

NFT collection by Refik Anadol auctioned for $6.2M

Titled “An Important Memory for Humanity,” the collection features data visualizations representing data collected from the first-ever all-civilian spaceflight.

👉 theblockcrypto.com/post/148715/ai-based-nft-collection-by-refik-anadol-auctioned-for-6-2-million

The Sandbox (SAND) to be listed on Coinbase and Coinbase Pro

Acceptance of inbound transfers has already started. SAND trading will begin on May 26th, on or after 16:00 UTC if liquidity conditions are met.

👉 twitter.com/CoinbaseAssets/status/1529490278670901248

Kraken to list Alchemy Pay, IDEX, and Request

Kraken will list Alchemy Pay $ACH, IDEX $IDEX, and Request $REQ on May 31 at approximately 14:30 (UTC). Funding is live now. All tokens are tradeable against $USD and $EUR on Kraken and the Kraken Pro.

👉 https://blog.kraken.com/post/14087/trading-for-ach-idex-and-req-starts-may-31-deposit-now/

Game developer Kongregate and Ethereum scaling startup Immutable announced a $40 million fund

With this new fund, Kongregate.cоm will begin incorporating blockchain-based games and ultimately rebranding into a web3-oriented gaming site

👉 theblockcrypto.com/linked/148827/web-game-developer-kongregate-and-immutable-launch-40-million-fund-for-blockchain-games

Top-13 Polkadot Ecosystem 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.

Top-11 Oracle 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.

CRYPTOMARKET DAILY OVERVIEW

Within the last day, the following changes on the crypto market occurred:
🔹 $BTC price decreased by 1.1% and added 1.2% in the last 7D
🔹 Kollect $KOL grew by 32.7% and led the NFT Gainers Rank
🔹 Stafi $FIS gained 46.3% and headed the DeFi Gainers Rank

Tether launches MXN₮ Tether tokens pegged to the Mexican Peso

MXN₮ will join three other fiat-currency pegged tokens Tether has in the market: the U.S. dollar-pegged USD₮, the Euro-pegged EUR₮, and the offshore Chinese Yuan-pegged CNH₮.

👉 tether.to/en/tether-launches-mxntugrik-tether-tokens-pegged-to-the-mexican-peso/

Top-11 PJTs with Market Cap from $500M to $1B 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.

BNB CHAIN ECOSYSTEM WEEKLY OVERVIEW

Within the last week, the following changes on the BNB Chain market occurred:
🔹 BNB Chain Market Cap increased by $2.4B up to $54.3B
🔹 Leonicorn Swap $LEOS grew by 73.7% and led the Coin Gainers Rank
🔹 Proton $XPR heads the Top Gainers by Weekly Trading Volume
🔹 Planet Finance $AQUA gained 46.2% of its TVL and took 1st place among Weekly TVL Gainers

Klaytn has partnered with Parity to build Metaverse Platform on Substrate

Parity and Klaytn are building a Substrate-based Klaytn chain, Klaytn-Substrate. Klaytn-Substrate will be bridged to Polkadot and to the Klaytn mainnet to act as an intermediary environment.

👉 parity.io/blog/klaytn-building-metaverse-platform-on-substrate-in-collaboration-with-parity

TOMORROW’S CRYPTO EVENTS

Presenting the most important crypto market events that will take place on May 27th.

Huobi acquires Latin American crypto exchange Bitex to expand in Latin America

Huobi plans to integrate Bitex’s exchange platform with its global platform, however, Bitex will continue operating under its current name and management team in Latin America.

👉 coindesk.com/business/2022/05/26/huobi-acquires-latin-american-crypto-exchange-bitex/

CRYPTOMARKET DAILY OVERVIEW

Within the last day, the following changes on the crypto market occurred:
🔹 $BTC price decreased by 2.9% and lost 5.3% in the last 7D
🔹 Chain $XCN grew by 61.1% and led the NFT Gainers Rank
🔹 ICHI $ICHI gained 40.3% and headed the DeFi Gainers Rank

Terra to burn 1.3 billion UST tokens

Terra’s core developers got approval to burn 1.3 billion UST from its community pool following a governance vote. 1.3 billion UST is roughly 11% of the existing 11.2 billion UST supply.

👉 theblockcrypto.com/post/148999/terra-governance-system-passes-plan-to-burn-1-3-billion-ust-tokens