Top-11 Polygon 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.

Optimism (OP) is likely to get listed later today

Multiple exchanges, including KuCoin, OKX, Gate.iо, Bybit, MEXC, and AAX, have released blog posts announcing plans to list the OP token at different times today.

👉 theblockcrypto.com/post/149414/optimism-op-token-to-hit-market-today-centralized-exchanges-say

TOMORROW’S CRYPTO EVENTS

Presenting the most important crypto market events that will take place on June 1st.

Optimism airdrop overwhelmed by ATH demand

Ethereum $ETH layer-2 scaling solution Optimism $OP has been overwhelmed with “all-time high demand” following the launch of its airdrop on Wednesday. 249,000 addresses are able to receive the airdrop.

👉 cointelegraph.com/news/scaling-is-hard-optimism-airdrop-overwhelmed-by-all-time-high-demand

CRYPTOMARKET DAILY OVERVIEW

Within the last day, the following changes on the crypto market occurred:
🔹 $BTC price decreased by 0.1% and added 6.7% in the last 7D
🔹 CryptoZoon $ZOON grew by 80.6% and led the NFT Gainers Rank
🔹 Keep Network $KEEP gained 41.5% and headed the DeFi Gainers Rank

Top-11 undervalued DeFi PJTs by MVRV*1Y

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

Top-13 Polkadot Ecosystem gainers by monthly Social Volume

Social Volume is the total number posts/messages across different social medias that contain the given project/token at least once.

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.

Top-8 DeFi PJTs by Number of Social Mentions

Social mentions include any statement/comment of the project across Twitter, Facebook, and other social media channels.

Binance Labs raised a $500M fund, first time with outside capital

The fund is supported by DST Global Partners, Breyer Capital and Whampoa Group. With the new fund, Binance Labs will continue to back startups focused on increasing crypto adoption.

👉 theblockcrypto.com/post/149598/binance-labs-500-million-fund-first-outside-capital

Kusama (KSM) to be listed on Coinbase and Coinbase Pro

Acceptance of inbound transfers has already started. KSM trading will begin on June 2nd, on or after 16:00 UTC if liquidity conditions are met.

👉 twitter.com/CoinbaseAssets/status/1532029274571452416

NFT MARKET WEEKLY OVERVIEW

Within the last week, the following changes on the NFT market occurred:
🔹 Total NFT Market Cap decreased by $1.0B down to $19.1B
🔹 CryptoZoon $ZOON increased its price by 64.3% and got 1st place in the Top NFT Coin Price Gainers
🔹 The most expensive NFT sale was #77321 (Otherside) with a deal price of $661K.

DAILY FUNDRAISING RECAP

Presenting seed/private fundraising rounds that took place today.

World Mobile Token to be listed on Huobi Global

Huobi Global will list World Mobile Token $WMT in the Pioneer Zone on June 2.

👉 huobi.com/support/en-us/detail/74908464300727

Top-13 Gainers 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.

CRYPTOMARKET DAILY OVERVIEW

Within the last day, the following changes on the crypto market occurred:
🔹 $BTC price decreased by 5.1% and added 1.3% in the last 7D
🔹 Alethea $ALI grew by 28.3% and led the NFT Gainers Rank
🔹 Golem $GLM gained 42.2% and headed the DeFi Gainers Rank

Top-11 DeFi 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.

South Korean government becomes an early investor in metaverse

The government will invest over 223.7 billion won ($177.1 million) directly in various metaverse projects. The decision to invest in the nascent metaverse tech makes South Korea one of the first national governments to do so.

👉 cointelegraph.com/news/south-korean-government-becomes-an-early-investor-in-metaverse

BNB CHAIN ECOSYSTEM WEEKLY OVERVIEW

Within the last week, the following changes on the BNB Chain market occurred:
🔹 BNB Chain Market Cap decreased by $1.1B down to $53.2B
🔹 Bella Protocol $BEL grew by 73.9% and led the Coin Gainers Rank
🔹 Mobox $MBOX heads the Top Gainers by Weekly Trading Volume
🔹 BabySwap $BABY gained 34.2% of its TVL and took 1st place among Weekly TVL Gainers

ITHEUM is now available on Trust Wallet

Trust Wallet $TWT, the official Binance mobile crypto wallet, now supports the $ITHEUM token, opening the door for 25 million new users to join Itheum's ever-growing ecosystem.

👉 itheum.medium.com/trust-wallet-now-supports-the-itheum-token-24b0a36a2df7