💰 Crypto Fundraising Recap, Q1 2024
❗️ Despite the upward trend in crypto fundraising, it remains notably restricted compared to past peaks. The market performance of emerging projects entering the arena could serve as a gauge for future fundraising trends.
Key Takeaways:
🔹 In Q1 2024, a total of $2.3 billion was raised across 422 funding rounds;
🔹 Despite a positive upward trend in the amount of money raised, the current amount is still less than at the beginning of the previous bull run;
🔹 The average amount of money raised per round tends to decrease and equals around $5.4 million per round on average;
🔹 Restaking protocols, interoperability layers, and perpetual decentralized exchanges (DEX) are currently in the VC focus;
For more insights and a detailed analysis of Q1 investment trends, read our fresh Crypto Fundraising Recap.
👉 https://cryptorank.io/insights/reports/crypto-fundraising-report-Q1-24
Crypto Events This Week 🚀
Explore the most significant moments in the crypto world with CryptoRank!
🔹 April 8:
- $ALT - Restaked Rollup Day
- Snapshot for staking $SSNC
- $TNSR is listed on major exchanges
🔹 April 9:
- Avail's Light Client Lift-Off Rewarded Campaign ends
- Saga listing on major exchanges
- Last day to join LayerZero & Scroll bridging campaign on Galxe by CryptoRank
🔹 April 10:
- U.S. will publish CPI report
- $SUI will hold "Sui basecamp" Conference
- Last day to pass from SubQuery
🔹 April 11:
- Last day to stake $CYBER for $ID airdrop
- $MASA TGE and listing on exchanges
- Deadline to join Mocaverse public sale
🔹 April 12:
- CyberConnect launches QuickNode testnet
- Deadline to fill Taho form
🔹 April 13:
- Rumours: zkSync airdrop
- GameGPT Token Unlock, worth $15.27M
🔹 April 14:
- Last day to confirm new Terms & Conditions to be eligible for $PURR airdrop
- Last day to participate in Artela EVM Unite - Taiko Galxe campaign
Don't miss out on the daily activities in our Community Chat
👉 /channel/CryptoRankEn
📈Market Overview
Bitcoin trades around $70K. The top-10 cryptos are traded in different directions:
Dogecoin +5.81%
Ethereum +1.39%
Solana -0.96%
Market capitalization: $2.72T (+0.59%)
The BTC dominance: 50.53% (+0.12%)
Fear & Greed Index: 76 (Extreme Greed)
👉 Top Gainers
Harvest Finance (FARM) +75.4%
Non-Playable Coin (NPC) +60.6%
Zeus Network (ZEUS) +43.9%
SafePal (SFP) +33.2%
A Hunters Dream (CAW) +32%
👉 Recent Funding Rounds
Cellula $2M Pre-Seed round led by OKX Ventures and SevenX Ventures
Spotlight $2M funding round with participation from Folius Ventures
Bonsai $1M Angel round led by Palm Tree Crew
📈Market Overview
Bitcoin trades above $69K. The top-10 cryptos are traded in green zone:
Dogecoin +5.89%
Bitcoin +2.1%
Ethereum +1.42%
Market capitalization: $2.70T (+1.77%)
The BTC dominance: 50.49% (+0.32%)
Fear & Greed Index: 78 (Extreme Greed)
👉 Top Gainers
Arcana Network (XAR) +74.9%
SatoshiSync (SSNC) +57.5%
Mirror Protocol (MIR) +47.1%
Toshi (TOSHI) +42.3%
Velar (VELAR) +41%
👉 Recent Funding Rounds
Cellula $2M Pre-Seed round led by OKX Ventures and SevenX Ventures
Spotlight $2M funding round with participation from Folius Ventures
Bonsai $1M Angel round led by Palm Tree Crew
📈Market Overview
Bitcoin trades around $68K. The top-10 cryptos are traded in green zone:
Dogecoin +1.13%
Bitcoin -1.82%
BNB -5.75%
Market capitalization: $2.66T (+1.71%)
The BTC dominance: 50.39% (-0.16%)
Fear & Greed Index: 75 (Extreme Greed)
👉 Top Gainers
Apu Apustaja (APU) +113%
LUKSO (LYX) +44.9%
Velar (VELAR) +33.8%
Only1 (LIKE) +28.2%
Picasso (PICA) +24.1%
👉 Recent Funding Rounds
Cellula $2M Pre-Seed round led by OKX Ventures and SevenX Ventures
Spotlight $2M funding round with participation from Folius Ventures
Bonsai $1M Angel round led by Palm Tree Crew
Wirex: The Pioneer of Web3 Payments
Read our latest research on Wirex, one of a leading digital payment platforms in Web3. Learn more about their features, $WXT token, and future prospects.
👉 https://cryptorank.io/insights/research/wirex-the-pioneer-of-web3-payments
Daily Crypto News 📣
👉 News:
— Coinbase secures restricted dealer license in Canada, pushing expansion abroad amid SEC crackdown
👉 Project Updates:
— CryptoRank launched LayerZero & Scroll bridging campaign on Galxe
— Ethena onboards Bitcoin as backing asset to make USDe 'Safer'
— Coinbase has selected Lightspark to enable the Bitcoin Lightning Network across its platform and services.
— Wormhole initially included its own hacker in 670 million token airdrop
— Ripple is set to launch a US dollar-backed stablecoin, aims to compete with $USDT and $USDC
👉 Today Token Unlocks:
5ire - $3.56M
Galxe - $4.55M
Optimism - $3.13M
👉 On-Chain Moves:
— Alameda Research just deposited another 1,000 ETH ($3.31M) to Coinbase
— Whale 0x9b4 just withdrew 3.5M ENA ($3.3M) from Binance
— Massive whale 0x465 just deposited 3.7M FET ($9.62M) to Binance
👉 Ongoing Raffles:
— CryptoRank x LayerZero 1000 USDT Raffle
— Win 5000 $BUIDL in the Starter $BUIDL Raffle
— FOMO BULL CLUB Exclusive Launch Raffle
— Sugar Kingdom Odyssey launch party raffle: win $1,000 worth of $SKO
💎 How to Find Next 100x Gem?
This is the most asked question in crypto right now. Altseason is about to start and it's time to fill your bags. To help you, we have created a guide that will help you find your next 100x!
Read our latest article!
👉 https://cryptorank.io/insights/analytics/how-to-find-next-100-x-gem
Top 10 Blockchains by TVL Growth in Q1 2024
Starknet +834%
Sei +827%
Ton +732%
Aptos +416%
Injective +398%
Solana +344%
Sui +333%
Near +316%
Stacks +315%
Radix +268%
👉 https://cryptorank.io/blockchains
📈Market Overview
Bitcoin trades above $66K. The top-10 cryptos are traded in different directions:
BNB +4.48%
Solana -1.71%
XRP -1.95%
Market capitalization: $2.59T (-0.57%)
The BTC dominance: 49.85% (-0.18%)
Fear & Greed Index: 70 (Greed)
👉 Top Gainers
jeo boden (boden) +53.7%
Minativerse (MNTC) +43.2%
Doland Tremp (TREMP) +35.9%
Ring AI (RING) +34.3%
LandX (LNDX) +30.7%
👉 Recent Funding Rounds
Raiinmaker $7.5M Seed round led by Jump Capital and Cypher Capital
Legitimate $4.3M Seed round led by Lemniscap
Gasp $5M funding round with participation from Polychain Capital and CMS Holdings
Top 15 Blockchains by Total Transactions in Q1 2024
Solana - 2.4B
Tron - 446M
Near Protocol - 402M
BNB Chain - 382M
Sei - 366M
Polygon - 363M
Injective - 145M
Sui - 140M
zkSync Era - 120M
Ethereum - 109M
Arbitrum - 88.2M
Aptos - 69.9M
Linea - 67M
Base - 58.2M
Flow - 50.6M
👉 https://cryptorank.io/categories/chain
Daily Crypto Market Overview 📣
👉 News:
— Spot bitcoin ETF monthly trading volume nearly tripled in March, hits $111 billion
👉 Project Updates:
— CryptoRank launched LayerZero & Scroll bridging campaign on Galxe
— Wormhole to begin airdrop claims of over 670 million tokens today
— Zeus airdrop for Jupiter voters
— Zircuit's Chapter 4, "Build to Earn," is now underway
— Celestia brings Blobstream solution to Arbitrum Orbit chains
— Uniswap is live on Blast
👉 Today Token Unlocks:
Sui - $114.71M
Tribe - $15.59M
Arcana Network - $47.5M
👉 On-Chain Moves:
— $2B Silk Road Bitcoin seized by DOJ moves to new wallet
— Fresh wallet 0x105 just further withdrew 6.99M WOO ($3.1M) from Binance
— Wallets moved unlocked 6M ARKM ($14.6M) to Binance
👉 Ongoing Raffles:
— CryptoRank x LayerZero 1000 USDT Raffle
— Win $1000 in NGL with Entangle
— Win 5000 $BUIDL in the Starter $BUIDL Raffle
— FOMO BULL CLUB Exclusive Launch Raffle
— Sugar Kingdom Odyssey launch party raffle: win $1,000 worth of $SKO
LayerZero Scroll Bridging Campaign by CryptoRank!
Participate in our new campaign on Galxe, farm points and get OAT!
Boost your on-chain activity in Scroll, Zora, Blast, Linea, zkSync, LayerZero with CryptoRank App!
Deadline is set on 10th April!
Join now 👉 https://galxe.com/cryptorank/campaign/GCj2HtTget
Best Performing Token Sales of Q1 2024 by Current ROI
Entangle $NGL 36.8x
YOUR AI $YOURAI 31.7x
StarHeroes $STAR 31.4x
QORPO WORLD $QORPO 26.6x
GT-Protocol $GTAI 15.6x
Forgotten Playland $FP 12.6x
Octavia $VIA 11.3x
Ta-da $TADA 8.8x
Starter $BUIDL 8.2x
K9 Finance $KNINE 7.9x
👉 https://cryptorank.io/ico
📈Market Overview
Bitcoin trades below $67K. The top-10 cryptos are traded in red zone
Dogecoin -9.83%
Solana -7.73%
Cardano -5.39%
Market capitalization: $2.63T (-4.39%)
The BTC dominance: 49.90% (+0.19%)
Fear & Greed Index: 79 (Extreme Greed)
👉 Top Gainers
Aavegotchi (GHST) +52.6%
r/FortNiteBR Bricks (BRICK) +44.6%
Verge (XVG) +38.1%
Bullieverse (BULL) +58.5%
Credefi (CREDI) +30.1%
👉 Recent Funding Rounds
XION $25M Series A round with participation from Morningstar Ventures and The Spartan Group
Lockchain.ai $4.6M Seed round led by Lerer Hippeau
Merkle Trade $8.75M Seed round led by Hashed Fund and Arrington XRP Capital, with participation from Morningstar Ventures
Stake Cosmos Hub Coins and Receive Airdrops
Feeling FOMO after missing $AARK, $SAGA, $TIA, $DYM? Don't miss Berachain, Babylon, and more! Check out our Drop Hunting page and start receiving airdrops!
Read our latest article to learn more:
👉 https://cryptorank.io/insights/research/new-airdrops-meta-staking
Weekly Crypto News 📣
👉 News:
— BTC is back above $72K, ETH price goes up to $3600
— FTX estate sells $1.9 billion worth of locked up SOL for $64 per token
— Genesis purchased 32,041 bitcoins to repay customers after selling GBTC shares
— BlackRock adds Goldman Sachs, Citigroup, Citadel as APs for Bitcoin ETF
👉 Project Updates:
— CryptoRank launched LayerZero & Scroll bridging campaign on Galxe
— Prisma Finance resumes operation post exploit
— Tensor announces TGE on 8th of April
— Pandora ERC404 announces their launchpad
👉 This Week Token Unlocks:
APT - $327.74M
ICP - $54.87M
NGL - $31.98M
👉 On-Chain Moves:
— Big whale 0x435 withdrew 10,643 ETH ($36.76M) from Binance
— Whale 0xa09 just deposited 3,001 MKR ($10.7M) to Binance
— Arthur Hayes just unstaked and transferred all 237,673 GMX ($9.69M) to CEX and Wintermute
👉 Ongoing Raffles:
— CryptoRank x LayerZero 1000 USDT Raffle
— Sugar Kingdom Odyssey launch party raffle: win $1,000 worth of $SKO
Top 10 Gainers of the Week 📈
Apu Apustaja $APU +620%
Reboot $GG +157%
Bella Protocol $BEL +117%
jeo boden $boden +104%
World Mobile Token $WMT +70.7%
Choise.com $CHO +64.2%
Aavegotchi $GHST +55.1%
Metaplex $MPLX +54.3%
Picasso $PICA +52.6%
Script Network $SCPT +50.4%
👉 https://cryptorank.io/performance
Top 7 Token Unlocks of the Upcoming Week
The following tokens with the largest unlock amount will be unlocked next week:
Aptos - $327.74M
Internet Computer - $54.87M
Entangle - $31.98M
GMT - $31.90M
Ethereum Name Service - $28.55M
GameGPT - $15.27M
ChainGPT - $13.27M
👉 https://cryptorank.io/token-unlock
Top 15 Blockchains by TVL per Unique Address
The ratio is calculated by dividing the total value locked (TVL) by the number of unique addresses.
Ethereum - $213
Arbitrum - $195
Avalanche - $53
Tron - $44
Aptos - $30
Base - $19
BNB Chain - $16
Celo - $15
Optimism - $7.6
Sui - $6.7
Moonbeam - $3.5
Near - $2.7
Polygon - $2.7
zkSync Era - $2.4
Fantom - $1.1
👉 https://cryptorank.io/categories/chain
Top 10 CEXs by Spot Trading Volume Growth in Q1 2024
Bitget +510%
Bitmart +356%
Bybit +144%
KuCoin +122%
Binance +115%
Coinbase +103%
OKX +85%
Crypto.com +83%
Gate.io +81%
Kraken +54%
👉 https://cryptorank.io/exchanges
📈Market Overview
Bitcoin trades around $67K. The top-10 cryptos are traded in different directions:
XRP +1.13%
BNB -1.82%
Solana -5.75%
Market capitalization: $2.62T (+0.81%)
The BTC dominance: 50.47% (+1.22%)
Fear & Greed Index: 79 (Extreme Greed)
👉 Top Gainers
Dejitaru Tsuka (TSUKA) +45.9%
Reboot (GG) +43.4%
OAX (OAX) +38.1%
Akropolis (AKRO) +28.9%
Ampleforth (AMPL) +26.3%
👉 Recent Funding Rounds
Ellipsis Labs $20M Series A round led by Paradigm with participation from Electric Capital
bythen $3M Seed round with participation from GuildFi, BEENEXT and East Ventures
Zulu Network $3M Pre-Seed round with participation from Waterdrip Capital, Web3.com Ventures and CatcherVC
Top 15 Blockchains by the Number of Active Addresses in Q1 2024
TRON 141M
BNB Chain 121M
Near 113M
Solana 82.2M
Polygon 75.4M
Bitcoin 53.6M
Ethereum 37.3M
zkSync Era 36M
Arbitrum 16.7M
Linea 15.8M
Base 12M
Aptos 10.8M
Optimism 8.2M
StarkNet 6.7M
Scroll 5.9M
👉 https://cryptorank.io/categories/chain
Daily Crypto News 📣
👉 News:
— SEC asks for public comment for Grayscale, Bitwise and Fidelity spot Ethereum ETFs
— GSR markets granted ‘major payment institution’ license in Singapore
— Galaxy plans to raise $100M for first crypto venture fund
👉 Project Updates:
— CryptoRank launched LayerZero & Scroll bridging campaign on Galxe
— Frax Finance expands to Cosmos ecosystem via asset issuance chain Noble
— Notcoin listing April 20th
— Synthr dropped a massive RWA integration in Testnet, bringing assets such as syAPPL, syTSLA, syNVDA, and syMSTR
👉 Today Token Unlocks:
Near Protocol - $65.16M
Sleepless AI - $16.31M
Elastic Finance - $8.55M
👉 On-Chain Moves:
— Wallet 0x4a7 (linked to Animoca Brands) just withdrew 20M SAND ($11.85M) from Binance
— Whale deposited 2,500 ETH ($8.41M) to Binance as the market dipped
— Pendle Finance: Ecosystem Fund just deposited 1M PENDLE ($4.96M) to Binance
👉 Ongoing Raffles:
— CryptoRank x LayerZero 1000 USDT Raffle
— Win 5000 $BUIDL in the Starter $BUIDL Raffle
— FOMO BULL CLUB Exclusive Launch Raffle
— Sugar Kingdom Odyssey launch party raffle: win $1,000 worth of $SKO
Monthly Spot Exchange Volume Doubled in March
The recent rally in Bitcoin prices has triggered a domino effect across the cryptocurrency market. The surge in trading volume indicates a growing trend among retail investors who are increasing their exposure to cryptocurrencies.
👉 https://cryptorank.io/exchanges
Wormhole Has Been Listed on Major Exchanges
Wormhole (W) is now listed on Binance, Bybit, OKX, and other exchanges, following a $1.1 billion airdrop. Nearly 400,000 wallets are eligible to claim a total of ~678M $W tokens (6.78% of total supply).
Current Price: $1.71
Current Market Cap: $3.07B
FDV: $17.08B
Circulating Supply: 1.8B
On CryptoRank, you can find Vesting Schedule and Fundraising Data for Wormhole.
👉 https://cryptorank.io/price/wormhole
📈Market Overview
Bitcoin trades above $66K. The top-10 cryptos are traded in different directions:
Solana +2.82%
Ethereum -2.18%
XRP -1.93%
Market capitalization: $2.61T (-0.73%)
The BTC dominance: 49.91% (-0.03%)
Fear & Greed Index: 71 (Greed)
👉 Top Gainers
Klima DAO (KLIMA) +42.9%
cat in a dogs world (MEW) +41.2%
Fluence (FLT) +40.5%
Script Network (SCPT) +40.2%
Verge (XVG) +37.5%
👉 Recent Funding Rounds
Agora $12M Seed round led by DragonFly Capital
Gomble Games $10M funding round with participation from The Spartan Group and Animoca Brands
Camp Network $4M Seed round led by Maven 11 Capital
Top 15 Launchpads by Raised Amounts in Q1 2024
Fjord Foundry $131M
Coinlist $41M
DAO Maker $16.3M
Moby $9.49M
Seedify $4.43M
Republic $2.9M
Ape Terminal $2.87M
Gate.io Startup $2.71M
Poolz $2.71M
Enjinstarter $2.64M
Spores Network $2.6M
GameFi $2.4M
ChainGPT Pad $2.0M
Kommunitas $1.76M
Impossible Finance $1.44M
👉 https://cryptorank.io/ico-analytics
Daily Crypto Market Overview 📣
👉 News:
— Crypto bulls see $400M liquidations as Solana, Dogecoin lead slide in majors
— Thailand’s top crypto exchange Bitkub plans IPO in 2025
👉 Project Updates:
— CryptoRank launched LayerZero & Scroll bridging campaign on Galxe
— Ethena’s token to list on exchanges today amid airdrop claims
— dYdX to set up legal entity in Cayman Islands, scrap existing treasury
— MakerDAO proposes allocating $600 million worth of DAI into USDe and sUSDe
— Crypto.com to launch platform in South Korea following local exchange acquisition
👉 Today Token Unlocks:
Orbler - $28.51M
Prisma Finance - $1.8M
Memecoin - $1.51M
👉 On-Chain Moves:
— Whale 0x7d2 just withdrew 150,000 LINK ($2.71M) from Binance
— Wallet 0x087 (likely an investor or project's member) deposited 1.6M UNI ($19.8M) to Coinbase Prime after 3 years
— Wallet 0x2e5 (likely Binance Labs) just deposited 9.33M GMT ($3.14M) to Binance
👉 Ongoing Raffles:
— CryptoRank x LayerZero 1000 USDT Raffle
— Win $1000 in NGL with Entangle
— Win 5000 $BUIDL in the Starter $BUIDL Raffle
— FOMO BULL CLUB Exclusive Launch Raffle
— Sugar Kingdom Odyssey launch party raffle: win $1,000 worth of $SKO
🚀 MemeCon Raffle on CryptoRank With Participation from Bitget Is Live
Seize the opportunity to win a ticket to MemeCon, the first ever meme coin conference, which will take place in Lisbon from May 28th to 30th, gathering top crypto minds 🚀
❗️ The raffle is live and ends on April 19th. Act quickly to participate and make sure to thoroughly review the rules!
Participate on the RAFFLE page!
👉 https://cryptorank.io/earn/quests/memecon-conference-raffle