gm Web3 explorers,

The first Boosting Cycle has ended, and we have revealed the first winners. The second cycle has opened already, so you can apply your BP again. In addition, the GAM3 Awards 2024 revealed their nominees, while DappRadar became the first major platform to integrate data for Off The Grid.

Curious?

Let's explore! 📡🔵

🚀 Get your Boosting Power now

✅ Complete this extremely easy Quest
🎁 Receive BP, short for Boosting Power
⚡ Use your BP to boost your favorite dapps
💰 Earn XP, level up your account, and compete for seasonal rewards

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⭐ Do memecoins cause mass adoption?

This week GOAT, a memecoin managed by an AI avatar on X, managed to attract lots of attention. The value of GOAT, see above, is going through the roof. Moreover, GOAT is just one of many memecoins that have seen a tremendous uptick recently. Makes you wonder, do memecoins cause real adoption?

Some think gaming will become the catalyst to bring crypto to the masses, other are putting their eggs in the AI or SocialFi baskets. However, the most popular dapp at this moment is Raydium, which attracted 26.79 million active wallets in the past week. Raydium is an important DeFi platform on Solana, and has become the centre stage during the memecoin hype.

Raydium attracted more unique wallets than the entire remaining Top 20 combined. Memecoins are the biggest reason for this success, and the platform now has a TVL of more than $1.6 billion.

Some compare the success of memecoins with the NFT hype from 2021, when Bored Ape Yacht Club, DeGods, CloneX and CryptoPunks reached valuations up to millions of dollars. Memecoins are the talk of town right now, and these could boast the market significantly.

But how do you get an edge?

On DappRadar you can track newly launched ERC-20 smart contracts through our Hot Contracts feature. This allows you to spot the launch of new crypto tokens on a select number of blockchain ecosystems. For example, in the past 3 hours BUTT, DOGEX and CHONKY launched on Ethereum.

Hot Contracts

MatchQuest

Explore MatchQuest

Set an alert 🔔

⚡️ Strong debut

MatchQuest is a mini-app built on Telegram. The game, which allows users to earn tokens, attracted 563,000 active wallets in the past 24 hours alone. The mini-game platform is built on Matchain, a newly integrated blockchain ecosystem on DappRadar.

STAN

Explore STAN

Set an alert 🔔

⚡️ Social Web3 platform for gamers

STAN is a social platform for gamers to engage with other players, content creators etc, while earning rewards. The platform grew its user base 145% over the past 7 days to 152,770.

Virtual Protocol

Discover Virtual

Set an alert 🔔

👧 Virtual, AI-powered characters

Virtual Protocol allows users to launch or support AI-powered virtual characters. With Luna, and its token LUNA, the platform already has 1 character that's making a name out there. LUNA exists as a streamer on Youtube, and users can engage with her. VIRTUAL token doubled in a week, while LUNA saw a 400% boost in value.

Klaytn

Discover Kaia

🏆 User count up 239%

Korean blockchain ecosystem Klaytn, nowadays known as Kaia, has seen a serious uptick in active wallets. In the past 7 days it increased 239% to 456,320. This boost in activity mainly comes from gaming and engagement platform KGeN.

📡 You can now find dapps on Gravity

Web3 explorers and passionate gamers can now discover dapps built on Gravity, the L1 network from Galxe. Through the Rankings of DappRadar, the World's Dapp Store, users can easily discover which dapps on Gravity are the most popular or gaining traction.

Explore Gravity

📡 Explore Matchain on DappRadar

DappRadar is excited to welcome Matchain to the World's Dapp Store, allowing the Web3 community to explore the dapps built on a decentralized AI blockchain. Matchain focuses on data and identity sovereignty, utilizing AI for data aggregation, analytics and user profiling.

Discover Matchain

Have a great day,
DappRadar Team
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