Bitget Research Weekly News: The Meme sector collectively retraced, Bitget exclusively launched the first BRC20 Launchpad project BIP1

In the past week (5/8 - 5/12), the market has seen several new trending coins and topics.

1. Market Trends

The main focus of the market this week (05.08-05.12) is:

• Milady starts to pull back, BRC 20 market continues to decline

• After favorable CPI, the market fluctuates, MEME coin LADYS leads a new Meme trend

• BRC 20 sector remains hot, Bitget exclusively launches the first BRC 20 Launchpad project BIP 1

• Meme sector collectively plummets, new Meme on Ethereum chain suffers continuous attacks from MEV

• BRC 20 tokens become the market focus, Meme sector remains hot

2. Popular Projects

The hottest projects this week (05.08-05.12) are:

LADYS (token): A meme token issued by the Milady community, with 1% airdropped to Milady NFT holders, not officially recognized or acknowledged, belongs to a small community group; influenced by DWF investment and Musk retweeting Milady's avatar, the token started to rise from last night, with funds entering for speculation; today, the largest address of LADYS token was blacklisted by the project party, further stimulating the coin price, currently the token market cap reaches 160 million USD, up a hundred times from yesterday's low, with a 24-hour trading volume of 150 million USD;

MEMEME (token): A meme coin issued by the Milady community, with 4% airdropped to the Milady official wallet, currently due to the token name not being linked to Milady, the overall speculation of the project is following $LADYS, with a market cap of 6 million USD and a 24-hour trading volume of 11 million USD;

BEN (token): A meme that has been online for 6 days, inspired by a small dog, with a simple official website; due to its high meme attributes, it recently became a trading focus on-chain, today the price has seen a pullback of over 60%, with on-chain liquidity of 2.4 million USD and a trading volume of 38.92 million USD in the past 24 hours;

CAPO (token): A high-heat meme created by a KOL with 150k followers, Twitter Trending shows that there were 108k tags containing $CAPO in the past 24 hours, with high community social media heat, there were 20,441 transactions on-chain in the past 24 hours, with a trading volume of 14 million USD;

Milady Maker (NFT): A recently popular NFT project in the community, on May 10, a tweet from Elon Musk included this NFT, triggering a surge in both the LADYS token and the NFT, with transaction volume rapidly expanding, the floor price peaked at a 1x increase, then pulled back to around 5 ETH;

Uniswap (Dapp): With the ongoing meme trend, the main liquidity pool for memes is built on Uniswap, leading to a rapid increase in Uniswap's usage rate, currently the top of the ETH chain transfer leaderboard is occupied by Uniswap-related contracts;

Mev Bot (Dapp): Recently, the meme sector has exploded, leading to a significant increase in MEV activity, among which the address jaredfromsubway.eth is the most active, currently the account's ETH balance is worth 440,000 USD, trading various memecoins, in the past 24 hours alone, it has paid hundreds of ETH in gas fees;

Paraspace (Dapp): Yesterday, several KOLs warned that there were internal conflicts within the NFT lending protocol ParaSpace team and advised users to withdraw funds as soon as possible, this matter quickly fermented within the community, with many users panicking and withdrawing funds from ParaSpace despite high gas fees. Paraspace founder Yubo admitted that there were indeed some differences with the previous market team due to not finalizing specific cooperation methods;

3. Hot Searches

The hottest topics this week (05.08-05.12) are:

Bitcoin (Token): The U.S. April CPI year-on-year increase fell to 4.9%, marking a "ten consecutive declines" and lower than expected, with a month-on-month increase of 0.4%. After the U.S. April CPI data was released, CME's "Fed Watch" tool showed that the probability of the Federal Reserve maintaining interest rates in June rose from 79.9% to 90.6%, while the probability of a 25 basis point rate hike fell from 20.1% to 9.4%. Macroeconomic monetary policy is beginning to shift, which is favorable for the crypto market, and BTC price saw a significant rebound after the data was released.

LADYS (token): A meme token issued by the Milady community, with 1% airdropped to Milady NFT holders, not officially recognized or acknowledged, belongs to a small community group; influenced by DWF investment and Musk retweeting Milady's avatar, the token started to rise, with funds entering for speculation; the token market cap once rose to 160 million USD, but as the market pulled back, funds accelerated their exit, and the market cap fell to 63 million, with a hundredfold increase in one day and a 60% pullback in another day, showing extreme volatility, users need to pay attention to risks;

ARB (token): Arbitrum's official Twitter stated that Arbitrum is the only one that sends all surplus revenue generated from transaction fees to the DAO, and all users on Arbitrum One need to pay fees when trading on the network, currently accumulating revenue of 3,352 ETH. On May 10, the community initiated a new proposal to allocate part of the DAO revenue to ARB holders and began discussions, granting ARB more functions beyond ordinary governance tokens. Recently, ARB has shown relatively strong performance during the market downturn;

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