Editor's PiCK

[Today's Globally Trending Coins] Bitcoin, Sui, World Liberty Financial & More

Suehyeon Lee

Summary

  • Bitcoin plunged after President Donald Trump's executive order but has slightly rebounded since.
  • Sui is attracting investor interest due to its partnership with World Liberty Financial.
  • Axie Infinity gained attention by revealing a new game, but its token price has fallen.

According to the Token Mindshare Top Gainers from Kaito, an AI-based Web3 search platform (Token Mindshare is a metric that quantifies the influence of specific tokens in the virtual asset market), the top 5 virtual asset-related keywords that people are showing the most interest in as of the 7th are Bitcoin (BTC), Sui (SUI), World Liberty Financial (WLFI), Crypto: The Game, and Axie Infinity (AXS).

Bitcoin gained attention today as US President Donald Trump signed an executive order regarding a 'Strategic Bitcoin Reserve.' However, it was revealed that this reserve would utilize existing confiscated bitcoins rather than additional government purchases. This led to investor disappointment, causing Bitcoin to plunge more than 4% immediately after the announcement, trading at around $85,000. It has since slightly rebounded and is currently trading at $87,507.77 on CoinMarketCap.

Sui and World Liberty Financial, led by the Trump family, caught attention by forming a partnership. According to this agreement, World Liberty Financial plans to strategically stockpile Sui. World Liberty Financial has previously purchased various assets besides Sui, including Ethereum (ETH), Wrapped Bitcoin (WBTC), and Movement (MOVE). Meanwhile, Sui is currently trading at $2.7 on CoinMarketCap, up 1.75% compared to the previous day.

Crypto: The Game, a virtual asset survival game, is presumed to have increased in online mentions as it began early access for Season 3 today. It's reported that all players from Seasons 1-2 are eligible to participate in the early access.

Axie Infinity gained attention by revealing a new blockchain game, 'Atia's Legacy — The Axie MMO.' The first test play is scheduled to take place this summer. Meanwhile, the Axie Infinity token is trading at $3.52 on CoinMarketCap, down 3.68% compared to the previous day.

Investors are also showing interest in Movement (MOVE), Tether (USDT), Redstone (RED), FTX Token (FTT), and Doblezero.

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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