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

Top-11 undervalued NFT PJTs by MVRV*1Y

Presenting the most undervalued NFT PJTs by MVRV 1Y ratio. The lower MVRV, the more the PJT is undervalued.

Top-13 Game Tokens by Exchange in/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.

Terra has been relaunched as a new chain Terra 2.0 today morning.

According to the revival plan, users previously holding Terra Luna Classic (LUNC), TerraUSD Classic (USTC), and Anchor Protocol UST (aUST) are eligible to receive new tokens.

👉 cointelegraph.com/news/terra-luna-2-0-relaunches-according-to-do-kwon-s-revival-plan

Top-13 Polygon Ecosystem gainers by weekly social volume

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

Terra 2.0 (LUNA) to be listed on Binance

Binance will list Terra 2.0 (LUNA) in the Innovation Zone and will open trading for LUNA/USDT and LUNA/BUSD trading pairs on May 31st, 6:00 AM UTC.

👉 binance.com/en/support/announcement/d044a6742e484b77a1

CRYPTOMARKET DAILY OVERVIEW

Within the last day, the following changes on the crypto market occurred:
🔹 $BTC price increased by 0.5% and lost 0.8% in the last 7D
🔹 VEED $VEED grew by 33.2% and led the NFT Gainers Rank
🔹 Step Finance $STEP gained 27.8% and headed the DeFi Gainers Rank

Top-11 BNB Chain Ecosystem 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.

NEXT WEEK'S CRYPTO EVENTS

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

Top-11 PJTs built on SHA-256 consensus algorithm

Presenting Top-11 PJTs with the highest Market Cap built on the same consensus algorithm as Bitcoin.

STABLECOINS TYPES OVERVIEW

In the light of the recent depeg of UST, USDX, and DEI stablecoins, we decided to prepare an overview of stablecoins types. This infographic shows major representatives of each category.

Top NFT Sales conducted in the last 7 days

Presenting the 12 most expensive NFT Sales that have been conducted within the last 7 days.