Summary
- In the case of Ethereum, the whale investors' selling movements are attracting investors' attention, which could be a factor affecting Ethereum's price.
- Avalanche has been attracting attention from investors by rising 17% in value over the past 7 days and has received positive evaluations for ranking 5th in fee competition with Ethereum and others.
- Among stablecoins, USDC took 3rd place, and Binance Coin and Arbitrum, which ranked 3rd and 4th in the DApp fee ranking, are gaining investors' interest.
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 virtual assets that people are most interested in as of the 15th are Ethereum (ETH), Avalanche (AVAX), USDC, Binance Coin (BNB), and Arbitrum (ARB).
In the case of Ethereum, the leading altcoin, the sale by whales who held a large amount of Ethereum attracted investors' attention. Earlier, around 12 PM on the same day, $1 million worth of Ethereum was sold from a whale address that participated in the initial coin offering (ICO) of Ethereum. This address sold as many as 630 Ethereum every two days. Meanwhile, as of 1:18 PM on the same day, Ethereum is trading at $1636.57, down 0.48% from the previous day according to CoinMarketCap.
Avalanche took second place. Avalanche has captured investors' hearts by rising 17% in value over the past 7 days. It is also positively evaluated that Avalanche ranked 5th in the chain's DApp fee ranking in the first quarter, following Ethereum, Base, Binance Coin, and Arbitrum.
The stablecoin USDC took third place.
Following this, Binance Coin and Arbitrum, which ranked 3rd and 4th respectively in the first quarter DApp fee ranking, took 4th and 5th place.
In addition, investors are also interested in Base, LSD, Coinbase, Verasity, and POL.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.![Shock that there is 'no US government backstop'… Bitcoin retreats to the $60,000 level; Ethereum also rattled [Lee Soo-hyun’s Coin Radar]](https://media.bloomingbit.io/PROD/news/b23cb4d1-e890-4f1c-aa52-f18f45dc8192.webp?w=250)
