Digital yuan tests, ‘bear market’ and ‘NFT’ searches spike

Digital yuan tests ‘bear market’ and ‘NFT’ searches spike

Sentiment has taken a dive and blokchain events return to Metaspace as Digital RMB testing for cross border payments and electric vehicles continues.

Recently, WeChat searches for Bitcoin dropped 7% while on the other hand bear market increased to 120%, with the aforementioned, Sentiment in China has slumped.

However, with NFTs receiving an 86% increase in WeChat searches over the seven-day period.  NFT related has remained strong. Another hot item with interest in Casper Labs is token sales, which is increasing after Coinlist signups violated 100,000 on the world platform.

DAO-as-service platform Dora is one high profile sale that emerged from China. Also, The project, backed by DoraHacks, held a public token launch on March 21 with listings on OKEx, Gate and MXC. DoraHacks is well-known for hosting developer events and is one of the most active blockchain developer communities to originate from China. The team will be hosting a global hackathon series in 2021, landing in regions including Singapore, the United States, Germany and India.

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