Resugred Due to Token Anticipation | Crypto Daily Digest Sep.11

TI Research has seen a sudden resurge in both TVL and transaction volume. Several factors have contributed to its comeback. had an impressive start on the Base chain on August 11 but experienced a significant drop in the number of transactions by the end of August. However, this decentralized social application has recently made a strong comeback. Resurged, Trading Volume Surpassed Opensea

While there isn't a single reason for the platform's sudden surge, some crypto influencers on Twitter have offered their insights. Hsaka (@HsakaTraders) suggests that might be a rebranded form of "yield farming" and speculates that its Total Value Locked (TVL) could reach nine figures if Justin Sun gets involved.

Another potential factor could be the increasing number of non-crypto personalities who have joined the platform in recent weeks, including several prominent YouTubers and OnlyFans creators.

Another significant factor is the anticipation of its token launch. For active participants, the understanding is centered around the possibility that each point earned could potentially be converted into a token airdrop worth $1-5. plans to distribute a total of 100 million points over 25 weeks. It is widely understood that these points represent opportunities for token airdrops and are closely tied to the total investment, holding duration, and user activity within the application, including actions like clicking, time spent, and interactions. to Distribute 100 Million Airdrop Reward Points to App Testers Over 6 Months

Today's Market

Source:TokenInsight Gainers and losers


JPMorgan: Bitcoin Mining Cost Lowered to $18,000, Negative for Price

Top Exchanges' Weekly Trading Volume Dropped over 30% Last Week to New Low in 2023

Other News in Case You Missed it:

Animoca Brands' Project Mocaverse Receives $20 Million in Funding Commitments, Led by CMCC Global

Plutus DAO Proposes 1.75% $ARB Annual Inflation to Reward Token Holders

Multi-chain DEX Sushi to Expand to Aptos

Tykhe Capital Launches Real Estate Fund Security Token Offering (STO) in Hong Kong

What's New from TokenInsight?

What is Banana Gun? Is it worth participating in its offering?

The King of Restaking: Is EigenLayer's Business Model a Gem or a Mud: There has been a lot of buzz around EigenLayer's restaking recently. Today, we want to focus on EigenLayer's business model. So, how does EigenLayer's business model work? Can EigenLayer be profitable? Let's dive in and find out.

What is ERC-6551: The most important innovation for NFTs after ERC-721

Data Guide

What is order book liquidity? How can you compare liquidity data from major exchanges through TokenInsight?

How to Download Cryptocurrencies and Exchanges' Historical Data Using TokenInsight For Free?

How to use the TokenInsight API to obtain cryptocurrency rating data?

How to Import TokenInsight Cryptocurrency Data into Google Sheets?



TI Research

TokenInsight is a data and research organization for the digital asset market. TI provides comprehensive asset-related data and comprehensive and timely information and research services for digital assets.

Use TokenInsight App All Crypto Insights Are In Your Hands