{"id":398610,"date":"2024-06-11T09:30:43","date_gmt":"2024-06-11T04:00:43","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=398610"},"modified":"2024-06-10T18:56:10","modified_gmt":"2024-06-10T13:26:10","slug":"how-unisats-pizza-airdrop-skyrocketed-its-on-chain-activity","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/how-unisats-pizza-airdrop-skyrocketed-its-on-chain-activity\/","title":{"rendered":"How Unisat&#8217;s PIZZA airdrop skyrocketed its on-chain activity"},"content":{"rendered":"<ul>\n<li><em><span style=\"font-weight: 400;\">Unisat saw spikes in some key on-chain metrics.<\/span><\/em><\/li>\n<li><em><span style=\"font-weight: 400;\">The platform has concluded its Pizza airdrop.<\/span><\/em><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Analysis showed that Unisat, Bitcoin service provider known for its Ordinals marketplace, experienced a spike in several on-chain metrics, including volume, transactions, and users lately. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">This surge was attributed to the recently concluded PIZZA airdrop, which significantly increased activity on the platform.<\/span><\/p>\n<h2><b>Unisat sets volume record<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">An analysis of marketplaces on the <a href=\"https:\/\/ambcrypto.com\/category\/bitcoin-news\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> network showed that Unisat has recently experienced a spike in some key metrics. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">A study of the volume on <a href=\"https:\/\/dune.com\/domo\/ordinals-marketplaces\" target=\"_blank\" rel=\"noopener\">Dune Analytics<\/a> revealed that it has been growing steadily over the past few days, with a significant increase on 9th June.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The chart showed that the platform recorded over $4.5 million in volume that day, marking its all-time high (ATH). <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Furthermore, this was the highest daily volume recorded on any platform on 9th June.<\/span><\/p>\n<figure id=\"attachment_398644\" aria-describedby=\"caption-attachment-398644\" style=\"width: 1204px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/Volume-by-Marketplace-.png\"><img decoding=\"async\" class=\"size-full wp-image-398644\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/Volume-by-Marketplace-.png\" alt=\"Unisat volume\" width=\"1204\" height=\"792\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/Volume-by-Marketplace-.png 1204w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/Volume-by-Marketplace--300x197.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/Volume-by-Marketplace--1024x674.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/Volume-by-Marketplace--768x505.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/Volume-by-Marketplace--1200x789.png 1200w\" sizes=\"(max-width: 1204px) 100vw, 1204px\" \/><\/a><figcaption id=\"caption-attachment-398644\" class=\"wp-caption-text\">Source: Dune Analytics<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Additionally, an analysis of the number of transactions showed consistent growth. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The chart indicated that the number of transactions surpassed 8,000 as of this writing, marking an all-time high (ATH). Similar to the volume, this number was also the highest recorded on any platform.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Further analysis revealed that with the spike in volume, Unisat controlled over 48% of the marketplace&#8217;s total volume. Additionally, its share of the transactions was over 50%.<\/span><\/p>\n<h2><b>Unisat records ATH in users<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Despite the surge in volume and transactions, data showed that the cumulative unique users on Unisat were still behind other major platforms.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> As of this writing, the number of unique users was around 125,000. While this is relatively low compared to other platforms, it represents an increase from previous weeks.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The change in the number of users became more evident in the daily user statistics.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> Analysis of the data showed that the number of unique daily users spiked to a new high, surpassing 9,500. This was the highest number Unisat has ever seen. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">It was also the highest among the other platforms. The closest competitor had around 6,000 daily users.<\/span><\/p>\n<h2><b>Pizza airdrop contributes to spike in metrics<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The primary reason for the spike Unisat saw in these metrics was its Pizza airdrop. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">A few months ago, the platform announced the airdrop of its token, PIZZA. According to <a href=\"https:\/\/x.com\/unisat_wallet\/status\/1799692088042488105\" target=\"_blank\" rel=\"noopener\">its post<\/a> on 9th June, all the PIZZA tokens have been airdropped to addresses that claimed them.<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Due to its airdrop, Unisat saw spikes in some of its key metrics recently. Will the momentum continue?<\/p>\n","protected":false},"author":76,"featured_media":398654,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[35,360,66,3,4,20],"tags":[],"class_list":["post-398610","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin-news","category-btc-trading-view","category-new-news","category-news","category-social","category-trading-view"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>How Unisat&#039;s PIZZA airdrop skyrocketed its on-chain activity - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Unisat saw record highs in its volume and daily unique users. 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