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

Top-13 Protocol PJTs by Daily Network Growth

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

Top-11 Smart Contract Gainers by 24H Trading Volume Increase

Presenting Smart Contract tokens with the highest percentage increase of Trading Volume within the last 24H.

Top-11 NFT 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.

Partisia Blockchain to bring MPC capabilities to Polygon

With the partnership, the Partisia network will grant Polygon developers a new platform for privacy-first computations and unlock a new type of smart contract for Polygon.

👉 medium.com/partisia-blockchain-partners-with-polygon-to-bring-mpc-capabilities-to-the-internet-of-blockchains

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.

POLKADOT ECOSYSTEM WEEKLY OVERVIEW

Within the last week, the following changes on the Polkadot market occurred:
🔹 Total Polkadot Market Cap decreased by $6.2B down to $12.5B
🔹 Polkadot $DOT is keeping 1st place in the Top Coins by Market Cap
🔹 ICHI $ICHI increased its price by 112% and got 1st place in the Top Price 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 $YFII, $DODO, $MASK, $GAL, $AUCTION, $BAKE, $UNFI, and $LIT that overcame the current market cap of the tokens.

Aavegotchi to be listed on Huobi Global

Huobi Global will list Aavegotchi $GHST in the Pioneer Zone on May 30.
Aavegotchi is DeFi based NFT collectible project.

👉 huobi.com/support/en-us/detail/64907976160889