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Today’s hot search keywords：War between Russia and Ukraine

Trends Overview

DeFi: As the Black Swan event becomes more and more intense, the ecological TVL of the public chain shows a decline, and there is no obvious sign of recovery yet.

NFT: Trading volume shows a slow downward trend, investors trading enthusiasm decreased, top flow projects are rare.

一、New trends worth watching in DeFi

Russia-ukraine war officially started, the encryption market is also hard to escape. DeFi market is consistent with the trend of the market, there is a significant decline. There are no clear signs of warming. Emerging DeFi protocols and Web3 remain highly favored by capital.

1. Data

DeFi TVL

DeFi TVL 24hour increasing data

The above data statistics time：2.24-13:00 UTC+8

2 . Memorabilia

(1) Ren Labs raised $7.5 million and Multicoin Capital participated in the investment

Ren Labs, the team behind The Cross-chain Bridge Ren, completed a $7.5 million financing, with The participation of Amber Group, Multicoin Capital, GBV Capital and others. The funds raised will be used to advance Catalog, the new AMM, and build the first application on the upcoming Ren blockchain.

The Catalog will be able to interact directly with a user’s bank account for easy deposits and withdrawals. The team expects to launch the Catalog in April and the full Ren chain in the third or fourth quarter.

Original link：https://www.coindesk.com/business/2022/02/23/ren-labs-raises-75m-for-catalog-cross-chain-exchange/

(2) Meta-universe Chain Game Park closes a $5 million private round of financing led by Animoca Brands

Animoca Brands led the $5 million private financing round, with Huobi Ventures, Mirana Ventures, Folius Ventures and others participating. It is reported that Meta-universe chain Game Park will be the first blockchain game with a paid subscription system similar to World of Warcraft. In addition, the game introduces “Staking into NFT (SIN)” to allow alternative earning, where other players participate in the game and are rewarded by their skills.

Original link：https://medium.com/cradles/cradles-closes-5-million-private-funding-round-led-by-animoca-brands-35e6f2dcdd3a

(3) Web3 startup Fast Break Labs has closed a $6 million seed round led by Patron and Pantera Capital

Web3 startup Fast Break Labs completed a $6 million seed round led by Patron and Pantera Capital, with Collab+Currency, Solana Ventures and other investors participating. Funds raised will be used to facilitate the team’s continued growth and development and deployment of Solana’s on-chain game Virtual Basketball Association (VBA). Fast Break Labs focuses on building the next generation of sports games. The company has launched a basketball management game, “Virtual Basketball Association” (VBA), which allows fans to form and collect virtual teams of virtual athletes, stratege as general managers, and compete through real-time, simulated games for unique rewards. The Alpha version of VBA is expected to launch in May 2022.

Original link：https://twitter.com/RohnJobinson/status/1496542131548491776

(4) DeFi margin agreement Marginfi completes $3m funding round led by Multicoin Capital and Pantera Capital

Marginfi, a Solana-based DeFi margin agreement, raised $3 million, led by Multicoin Capital and Pantera Capital. Sino Global Capital, Solana Ventures and others participated. Funds from this round will be used to drive community and ecosystem development, while supporting the integration of institutions and partners. Marginfi is a decentralized portfolio margin protocol. The agreement provides traders with a unified account to obtain margin, compose portfolios, and improve the capital efficiency of the underlying trading agreement.

Original link：https://twitter.com/marginfi/status/1496514114805325824

二、 New trends worth watching in NFTs

To some extent, the NFT market is influenced by the broader market, with a slight decline in market activity. There are still high-quality projects favored by investors. Quality projects and well-known creators continue to make their presence felt in the NFT space, and more capital is frequently injected into the NFT market.

1. Data

The above data statistics time：2.24-14:00 UTC+8

2. Memorabilia

(1) Layer2 protocol Loopring will feature NFT casting

Loopring will launch the NFT casting feature, which allows users to cast their OWN NFT on the Ethereum Layer2 network for less than $2 through the Loopring wallet, according to Loopring on social media. And guarantee the same security as the main ethereum network.

Original link：https://twitter.com/loopringorg/status/1496083212505858052

(2) NFT by The creator of Bored Ape Yacht Club opens auction at SuperRare

LITTLE ONE NFT, the latest NFT work by Seneca, has been put up for auction on SuperRare. The current highest bid is \(6.9 ETH (about \)20,000). The auction closes at 9 am Beijing time on Sunday.

Original link：https://twitter.com/allseeingseneca/status/1495879626387828743

(3) NFT platform Ucollex has closed A $10 million Series A round led by Animoca Brands

NFT platform Ucollex has closed A $10 million Series A round led by Animoca Brands and MCP IPX One Fund. The funds raised will be used to scale up the platform’s operations, strengthen blockchain technology development, and drive marketing efforts related to key intellectual property (IP) partnerships. Specializing in art and pop culture collectibles, Ucollex’s NFT platform eliminates the need for users to own a digital wallet and offers exclusive content, artist interviews, 3D art and virtual reality experiences.

Original link：https://twitter.com/CoinDesk/status/1496572929735380997

3. Popular Project

upcoming project

(1) Rebels

Information: Night Lab, rebel-themed NFT.

Details: https://kingdata.com/nft/74389?lang=en&utm_source=blog

NFT Supply: TBA

MINT Price:TBA

MINT Time: TBA

Whitelist: TBA

Comment: more creative theme, mysterious, rebellious design style, stereo sense is strong. Anonymous team, the website design integrity needs to be improved. It is an early project with little promotion effort and a good number of fans are growing naturally at present. A small number of kols in the industry have been concerned about this project, and it is speculated that the release of MINT information will bring a wave of outbreak, so we can pay proper attention to it.

(2) MonsterFrens

Information: included 319 features, randomly generated 8888 NFT. Pledging NFT earns its project token $MFR.

Details: https://kingdata.com/nft/74390?lang=en&utm_source=blog

NFT Supply： 8888

MINT Price: 0.04 ETH

MINT time: 2.27

Whitelist: Not much left

Comments: 2D cartoon design style, many elements. Real name team, but the team is slightly less well known. At present, the promotion is mediocre, and there is still room for improvement in fan activity. There is a small amount of KOL concern in the NFT area. It is a relatively early project, which can be properly maintained.

(3) Super Fat Apes

Information: NFT with fat ape theme.

Details: https://kingdata.com/nft/74391?lang=en&utm_source=blog

NFT Supply: 8888

MINT Price: 0.29 ETH

MINT time: 3.2

Whitelist: Not much left

Comments: the rare fat & funny theme monkey NFT, 3D three-dimensional design, dynamic. The official website design is more complete, the future plan on-line game. Real name team, designers have more than 1 million fans, strong strength. There’s a campaign, a good fan base. Several Kols in the FIELD of NFT have paid attention to this project, which deserves attention.

Real-time hot NFT

(1) Invisible Friends

24h Gas Burn ranked Top1

Information: NFT with the theme of invisible friends.

Details: https://kingdata.com/nft/71672?lang=en&utm_source=blog

NFT Supply: 5000

MINT Price: 9.44 ETH

The current floor is 36 times more expensive than MINT. MINT is in progress, drawing not yet opened. 3D design style, element collocation, a sense of science and technology. Pay attention to the value construction of the project itself, promotion and fan base is good. Several Kols in the FIELD of NFT have paid attention to this project, which is worth paying attention to.

(2) Dented Feels NFT

Top1 in the 24h market value growth list

Information: Mood and seasonal theme of NFT.

Details: https://kingdata.com/nft/73137?lang=en&utm_source=blog

NFT Supply: 11111

MINT Price: 0.128 ETH

Comments: there are 4 whales hold, the average price fluctuation is not big, slightly down trend. The design theme of the project is novel, and the design style of the combination of weather and mood is rare, with many elements and scarcity. Real name team, team members have some influence in the NFT field. Recently, it has been promoted frequently. Many Kols in the FIELD of NFT have paid attention to this project, or it has the potential to explode in the future, which is worth paying attention to.

(3) LITTLE ONE NFT

NFT by Bored Ape Yacht Club (BAYC

Information: Female theme NFT.

Details: https://kingdata.com/nft/74395?lang=en&utm_source=blog

NFT Supply: single item auction

Bidding will continue until February 26.

MINT Price :6.9 ETH

Comments: Designers have classic successful projects to bring their own flow. A popular female theme was chosen for the project, which is currently being auctioned. Several Kols in the NFT field have paid attention to it, but the promotion is weak, mainly relying on the traffic communication of designers themselves. Its follow-up development is worth looking forward to.

三、Today’s whales to watch

(1)Ethereum’s fourth largest whale transferred 11,000 ETH and 270 WBTC to the Crypto.com exchange

According to KingData data monitoring, ethereum’s fourth largest crypto whale transferred 11,000 ETH to Crypto.com at 09:17 EST on February 23, valued at $25.8536 million.

The giant whale transferred 270 WBTC shares worth $9,410,300 to the Crypto.com exchange at 06:40 A.M. Est on February 24.

Check out more about the Whale trade informations：https://kingdata.com/whaleaddress?lang=en&utm_source=blog