Projects with the lowest Fully Diluted Valuation listed on Binance
We have prepared a list of the lowest-valued projects listed on the biggest exchange that may bring its investors decent returns.
DeFi ecosystem overview: Liquid Restaking
Liquid Restaking protocols accept deposits in Liquid Staking Tokens (for example Lido's stETH), restake them with EigenLayer, and then distribute Liquid Restaking Tokens (LRTs), like eETH, ezETH, and pufETH, that can be further used in DeFi.
Among the top Liquid Restaking projects by TVL are еthеr.fі ($3.79B), Renzo ($3.19B), and Puffer ($1.31B).
Kelp DAO has unveiled rsETH withdrawals starting on May 3rd
Users will be able to redeem their rsETH for one of the three LSTs from the withdraw pool – ETHx, stETH, and sfrxETH. Redemptions in native ETH will follow suit soon. Kelp DAO is a liquid restaking solution enhancing liquidity for restaked assets, with $700M+ TVL.
👉 x.com/KelpDAO/status/1783434984356770189
BounceBit (BB) launches on Binance Megadrop on April 26th
Users can join the campaign by locking their BNB in the BNB Locked Products and completing Web3 Quest (Stake 0.0001 BTCB to BounceBit) starting on April 26th. Megadrop Hard Cap is 168M BB (8% of supply). The initial Circ. Supply is 409M BB (19.5% of supply).
👉 binance.com/en/support/announcement/bb-megadrop
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.48T (-4.25%)
BTC Price: $63,940 (-4.13%)
BTC Dominance: 50.7% (0.00%)
Fear & Greed Index: 72 (Greed)
Total Value Locked: $150B (-3.23%)
Mystiko.Network (XZK) has announced an integration with Linea
Mystiko ZK SDK comes to the Linea ecosystem means Linea developers gain access to more options to build applications with less cost and more security. Mystiko.Network is the zero-knowledge technology (ZK) Layer of Web3.
👉 x.com/MystikoNetwork/status/1783052354755100877
Ultiverse (ULTI) to conduct the Gold Chip NFT Collection Mint
Starting from April 29th, users will be able to deposit funds to participate in a raffle phase, which will take place on May 1st. There will be 8,000 NFTs/$750 NFT price in ETH. Ultiverse is an integrated Web3 platform combining GameFi, NFTs, DeFi, and Liquid Staking.
👉 x.com/UltiverseDAO/status/1782721075459309642
Top-15 Monthly Social Volume Gainers
Social Volume refers to the overall count of social media messages, posts, and metadata from the internet that include terms related to a specific cryptocurrency project.
Binance has completed 27th BNB Quarterly Burning!
1,944,452 BNB (worth ~$1.17 billion) has been burned!
👉 bnbchain.org/en/blog/27th-bnb-burn
Y8U AI (Y8U) has announced a partnership with DeGods
Projects are uniting to empower the DeGods community with the Y8U AI products and tools, granting users access to easier ways to monetize their media presence. Y8U is a Web3 protocol designed for the creation and decentralized storage of digital clones.
👉 twitter.com/y8udotai/status/1782829340805288410
Outlanders (LAND) extended its partnership with UpOnly (UPO)
Through this partnership, Outlanders integrates UpOnly's OpenAPI marketplace to enable trading for MMORPG in-game assets across different chains and ecosystems. Outlanders is the first low-poly-style MMORPG in the NAKA Ecosystem.
👉 x.com/PlayOutlanders/status/1782768981801156763
Top NFT Collections by Market Cap Growth in the Last 30D
NFT Collection Market cap is equal to the floor price multiplied by the total number of NFTs in the collection. Market Cap growth signifies the increase of either its floor price or the number of NFTs.
Turnkey has raised $15 million in the Series A funding round
The Lightspeed Faction and Galaxy co-led the funding round. Other investors include Coinbase Ventures, Sequoia, Variant, Mirana Ventures, Alchemy, Figment, and Gemini. Turnkey offers secure, flexible, and scalable wallet infrastructure for developers.
👉 x.com/turnkeyhq/status/1782757851787825163
AIT Protocol (AIT) receives an investment from Animoca Brand
The support from Animoca Brands will expedite the development of AI within the AIT Protocol, accelerating innovation and expanding the possibilities of native applications. AIT Protocol is a Web3 data platform specializing in data annotations and AI model training.
👉 finance.yahoo.com/news/ait-protocol-receives-investment-animoca
Lifeform (LFT) has announced a partnership with B² Network
The partnership with B² Network, a modular Bitcoin Layer2 solution, comes right after Legacy Reward Event and partnership with the Polyhedra Network. Lifeform is a decentralized visual digital identity solution provider.
👉 x.com/Lifeformcc/status/1782318565426868361
Quai Network and іо.nеt (IO) forged a strategic partnership
This partnership will concentrate on technical integration, where Quai Network will use іо.nеt’s decentralized GPUs to improve network performance and scalability. Quai is the fully scalable and programmable Proof-of-Work Layer-1.
👉 ionet.medium.com/ionet-and-quai-network-forge-strategic-partnership-to-enhance-blockchain-capabilities-for-the-8ee02bb6eb54
Aligned Layer has raised $20 million in the Series A funding round
The Series A funding round was led by Hack VC with participation from Everest Ventures, Symbolic Capital, dao5, Nomad Capital, Theta Blockchain Ventures, Finality, and others. Aligned Layer is a ZK verification layer built atop the EigenLayer.
👉 x.com/alignedlayer/status/1783413821752725525
Overlay (OV) announced a collaboration with UniPort Network
The partnership with UniPort, BTC Restaking Layer, comes after Overlay unveiled its Trade Everything Engine facilitating trading from Bitcoin Dominance to CS 2 Skins Index. Overlay is a decentralized perpetual futures protocol built on Arbitrum.
👉 x.com/OverlayProtocol/status/1783150971104743827
Bware Labs (INFRA) and MultiversX (EGLD) join forces to launch Grant Program
The goal behind this program is to offer MultiversX’s developers a direct connection with the infrastructure provider, Blast API, a decentralized platform built by Bware. Eligible projects will benefit from an up to 3 months free trial on Blast API.
👉 multiversx.com/blog/multiversx-bware-grant-program
Crypto Events Recap, April 23-24
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-april-23-24-2024
LayerHub, an on-chain analytics tool, has unveiled its public Mainnet
LayerHub offers a set of metrics for analyzing project performance, including transaction activity, active wallets, TVL, transaction count, user growth, and more. The platform supports on-analytics for Linea, Scroll, Zora, and Nibiru blockchain.
👉 x.com/layerhub/status/1782741295846355056
U.S. Department of Justice wants CZ to spend 3 years in prison
Attorneys with the DOJ filed a sentencing memo arguing CZ should spend 36 months in prison and pay a $50M fine after he pleaded guilty to violating the Bank Secrecy Act. Zhao originally faced up to 18 months in prison under the terms of his plea agreement.
👉 coindesk.com/policy/2024/04/24/binance-founder-changpeng-zhao-should-spend-3-years-in-prison-doj-says/
GuildFi (GF) announced its rebranding to Zentry (ZENT)
Zentry is a gaming universe that extends beyond a typical DAO, featuring a story-driven and evolving ecosystem, aiming to transform lives with the Gaming Superlayer. The GF token migration to ZENT (1:10 ratio) is scheduled to start on April 25th.
👉 medium.com/zentry/introducing-zentry-the-gaming-superlayer-60ab6c9f8c90
ZeroLend (ZERO) launches its token via KuCoin BurningDrop
The subscription period has already started and will last till April 24th, 18:00 UTC. KuCoin users will be able to mine ZERO by staking KCS on April 25 - May 15. Tokens Allocated for the platform: 333,333,333 ZERO.
👉 kucoin.com/announcement/en-zerolend-zero-is-available-on-burningdrop
KIP Protocol (KIP) will hold its Genesis NFT Free Mint on April 29
Users can participate in the KIP Airdrop Quests on Galxe and TaskOn to secure a spot in the Genesis NFT Free Mint. Each minted NFT grants users with possible airdrop. KIP Protocol is an open-source Web3 framework for AI applications.
👉 twitter.com/kipprotocol/status/1782388678037524924
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.59T (+1.57%)
BTC Price: $66,591 (+0.62%)
BTC Dominance: 50.7% (-0.40%)
Fear & Greed Index: 72 (Greed)
Total Value Locked: $155B (+1.31%)
XSwap (XSWAP) to conduct the LBP Public Sale on Fjord on Apr 25
The LBP Public Sale will last for 72 hours starting on April 25th at 5:00 PM UTC. LBP Hard Cap is 23,000,000 XSWAP. Initial LBP Price is $0.861. Public Sale Price (Ape Terminal) is $0.05. XSwap is a dapp built on Chainlink CCIP.
👉 x.com/xswap_link/status/1782771741539835914
Sharpe AI (SAI) kicks off the Early Access Whitelist for Sharpe DEX
The Sharpe DEX is a perpetual decentralized exchange with deep liquidity and lightning-fast execution that works on 22 major chains and supports 200+ coins. The Sharpe Points which is already live on Sharpe Earn, will also be integrated into Sharpe DEX.
👉 x.com/SharpeLabs/status/1782421190138573200
YOUR AI (YOUR) has unveiled its Software Development Kit (SDK)
The YOUR AI Software Development Kit (SDK) is a simple code integration that contains all the product content a webshop needs to describe the products in the Shopify store. YOUR AI is an AI-driven content layer for e-commerce built on Bitcoin and Solana.
👉 youraiprotocol/how-your-ai-significantly-enhances-conversion-rates-for-e-commerce-shops-with-its-refined-sdk-ea88fc702113">medium.com/@youraiprotocol/how-your-ai-significantly-enhances-conversion-rates