Bitget Research Weekly Highlights: Celestia confirms token airdrop, MicroStrategy further increases BTC holdings
TechFlow Selected TechFlow Selected
Bitget Research Weekly Highlights: Celestia confirms token airdrop, MicroStrategy further increases BTC holdings
Focusing on on-chain data, weekly news roundup.
Navigating Web3 tides with focused insights1. Market Trends
The most discussed topics in the market this week (09.25–09.28) are:
-
The market remains in a stalemate driven by existing capital; Uniswap plans to raise $62.37 million to strengthen its ecosystem.
-
Celestia confirms token airdrop distribution; Ethereum gas fees drop to single digits.
-
Ethereum gas fees remain low at 5–20 Gwei; MicroStrategy increases BTC holdings again.
-
Upbit suffers APT fake deposit incident; major cryptocurrencies experience volatile declines.
2. Popular Projects
The hottest projects this week (09.25–09.28) include:
Wall Street Memes (Token): A popular meme token within the crypto community, which just completed its token launch yesterday. It currently has 24K holder addresses and achieved a peak price increase of approximately 130% post-listing. Beyond meme speculation, the project also offers staking functionality, currently yielding an annualized return of about 40%.
OCISLY (Token): "Of Course I Still Love You" — a meme inspired by Elon Musk's tweet. The tweet "Of Course I Still Love You (OCISLY)" received 10.8M views within 18 hours of being posted. The token has high on-chain trading activity, with a 24-hour trading volume of $9.69M and 14,581 transactions. Contract permissions have been renounced.
CAL (Token): A token deployed by Shiba developers. Recently, the Shiba team renounced Bone’s contract ownership and simultaneously launched CAL as a contingency plan. CAL has since evolved into a community-driven meme token, listed on several small exchanges, achieving a 24-hour trading volume of $5M and surpassing a $10M market cap.
NABOX (NFT): An NFT project jointly issued by Polyhedra Network and Nabox. Participation may grant eligibility for a future Polyhedra airdrop. There is an ongoing campaign on Galxe where users can complete tasks to mint credentials. Currently, 8,290 individuals have participated—worth continued monitoring.
Starknet (Dapp): Starknet recently proposed the “Simple Decentralized Protocol Proposal,” aiming to allow the community to initiate a simplified, fully decentralized candidate protocol for Starknet. The proposal assumes maximum simplification under the condition that over two-thirds of staked participants are honest. Rumors of a potential token airdrop have circulated within the community recently, making it a possible hotspot opportunity.
Arbitrum (Dapp):
(1) The first round of voting for the Arbitrum Security Council election has concluded, with 24 nominees qualifying for advancement. The Arbitrum Foundation has begun compliance checks on these 24 candidates—a process lasting two weeks, ending on October 6, 2023. Final voting will commence on October 6 to determine the next council members;
(2) Trader Joe has submitted a grant application to Arbitrum DAO requesting 1.83 million ARB tokens;
(3) Radiant has applied to Arbitrum’s short-term incentive program for up to 3.36 million ARB tokens in funding.
EthscriptionCreator (Dapp): A new protocol developed by Tom Lehman, co-founder and former CEO of Genius.com, enabling image inscription on Ethereum. It allows creation and sharing of digital objects—called Ethscriptions—using call data on Ethereum, serving as a tribute to Inscriptions.
Secondlive - SecondLiveFactory V3 (Dapp): A highly popular Web3 metaverse project on BSC, previously raising seed funding at a $30M valuation. Backed not only by Binance Labs but also by ArkStream Capital, Bullet Labs, GBV Capital, LucidBlue Ventures, Magic Ventures, Multiplex Ventures, Old Fashion Research, Pow Rise Capital, SEJO Asset, and Yuanyuzhou Ventures. The project boasts high completeness and strong on-chain user engagement.
PostTech (Dapp): A trending SocialFi Dapp launched on Arbitrum, quickly gaining attention from the crypto community. It combines elements from Tipcoin, FriendTech, and Twitter, with strong expectations of an upcoming token launch—worth watching closely.
3. Hot Searches
The most searched topics this week (09.25–09.28) include:
TIA (Token), Celestia (Dapp): Modular blockchain Celestia has announced the launch of its genesis airdrop, distributing 60 million TIA tokens—6% of total supply—with claims closing at 20:00 (Beijing time) on October 17. One-third of the airdrop allocation goes to 7,579 developers. (In March 2021, Celestia raised $1.5M in seed funding led by Binance Labs. On October 19, 2022, Celestia Labs announced a $55M raise led by Bain Capital Crypto and Polychain Capital, propelling its valuation to $1B, officially becoming a unicorn.)
GLMR (Token): Korean exchange Upbit will list GLMR with BTC trading pairs, triggering rapid price increases due to high speculative demand among Korean users. According to official announcements, Binance launched GLMR perpetual contracts (1–10x leverage, USDT-margined) on September 26, 2023, at 09:30 (UTC+8). High leverage usage among futures traders has boosted trading volume, leading to a surge in both GLMR’s price and volume—up 42.53% in the past 24 hours.
Sam-bankman-fried (Event): According to analysis published by Coindesk, during the trial of FTX founder Sam Bankman-Fried (SBF), out of seven charges, only two are considered “substantive”—“wire fraud against FTX customers” and “wire fraud against Alameda Research lenders.” This implies that the U.S. Department of Justice alleges SBF personally and actively committed these criminal acts.
Bitget Research focuses on “tracking on-chain data and uncovering valuable assets,” leveraging real-time monitoring of on-chain metrics and regional search trends to identify emerging investment opportunities. To date, it has provided Bitget’s global users with early access to high-potential assets across trending sectors such as the Arbitrum ecosystem, AI ecosystem, and SHIB ecosystem, delivering institutional-grade insights and superior value creation through data-driven research.
[Disclaimer] The market involves risks; investments should be made with caution. This article does not constitute investment advice. Readers should consider whether any opinions, viewpoints, or conclusions expressed herein are suitable for their individual circumstances. Investment decisions based on this information are made at the reader’s own risk.
Join TechFlow official community to stay tuned
Telegram:https://t.me/TechFlowDaily
X (Twitter):https://x.com/TechFlowPost
X (Twitter) EN:https://x.com/BlockFlow_News
