Editor's PiCK

[Today's Global Trending Coins] Bitcoin, OfficialTrump, Banker, etc.

Source
Uk Jin

Summary

  • Bitcoin attracted significant investor interest due to the increased possibility of accumulation by the U.S. and the observation of a quantitative easing stance.
  • OfficialTrump received the second-highest interest as its price surged following President Donald Trump's remarks.
  • Ethereum caused investor concerns as it showed a sideways trend with decreased token burn volume and reduced network activity.

According to the Token Mindshare (a metric quantifying the influence of specific tokens in the virtual asset market) top gainers of the AI-based Web3 search platform Kaito, the top 5 keywords related to virtual assets that people are most interested in as of the 24th are Bitcoin (BTC), OfficialTrump (TRUMP), Banker (BNKR), Tether (USDT), and Ethereum (ETH).

Bitcoin, the leading virtual asset, attracted investors' attention as bullish sentiment resurfaced on this day. The most notable news is the increased possibility of Bitcoin accumulation by the United States. Bo Hines, a member of the White House Cryptocurrency Advisory Committee, stated in an interview, "The U.S. could purchase more Bitcoin using its gold reserves." He further explained, "This method could be a budget-neutral way to increase the nation's Bitcoin holdings." Arthur Hayes also mentioned on X (formerly Twitter), "Quantitative easing by the Federal Reserve (Fed) is observed," and predicted, "Bitcoin will rise to $110,000 before testing the $76,500 support line." As of 12:49 PM, Bitcoin is trading at $86,253, up 2.42% from the previous day.

OfficialTrump took the second spot. The price of OfficialTrump rose significantly after President Donald Trump posted on his social media (SNS), "I like OfficialTrump," and "He is the greatest among them." At the same time, OfficialTrump is trading at $11.84, up 8.73% from the previous day.

The third spot went to Banker, an AI-based virtual asset trading tool. The number of users asking small questions to BankerBot on X has increased sharply, bringing it into the rankings.

The fourth spot was taken by the stablecoin Tether.

Lastly, Ethereum ranked fifth as crisis theories resurfaced, causing investor concerns. Last Saturday, the Ethereum network's Ethereum token burn volume recorded 53.07 ETH, the lowest ever. The decrease in Ethereum token burn volume is due to reduced network activity, which significantly reduced the Ethereum used for fee payments. Ethereum is also stagnant today. At the same time, Ethereum is trading at $2,013, up 0.34% from the previous day.

Additionally, investors are also showing interest in Wayfinder, Solana (SOL), USDC, XRP, and Pepe (PEPE).

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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