Editor's PiCK

[Today's Global Trending Coins] Bitcoin, Cookie DAO, Kaito, and Others

JOON HYOUNG LEE

Summary

  • Bitcoin hit a new high at $111,500, with Bloomberg reporting that the progress in stablecoin legislation has raised expectations.
  • Cookie DAO is gaining attention due to the AI agent sector interest and a price surge leading to increased mentions.
  • HyperLiquid's large investor James Wynn reportedly earned significant unrealized profits with a 40x leverage on Bitcoin.

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, as of the 22nd, the top 5 virtual assets attracting the most interest are Bitcoin (BTC), Cookie DAO (COOKIE), Kaito (KAITO), HyperLiquid (HYPE), and Ethereum (ETH).

Bitcoin attracted investors' attention by hitting a new high for the first time in four months since January this year, buoyed by the upward trend. Bitcoin surpassed $110,000 for the first time ever and even exceeded $111,000. As of the afternoon on CoinMarketCap, Bitcoin is trading at around $111,500, up about 3.8% from the previous day. Bloomberg reported that "Bitcoin once hit an all-time high," adding that "the progress in stablecoin legislation in the U.S. has raised expectations for regulatory clarity under the Trump administration."

Cookie DAO seems to have increased mentions online due to a price surge. As of the afternoon, Cookie DAO is trading at around $0.23 on CoinMarketCap, up about 30% from the previous day. The growing interest in the AI agent sector in the virtual asset industry is also presumed to have influenced the increase in mentions of Cookie DAO. Cookie DAO's virtual asset analysis platform 'cookie.fun' provides data related to AI agents.

Kaito has recently gained attention as its community 'Kaito Yaps' has become popular in the domestic and international virtual asset industry. Users can receive rewards for providing useful information on Kaito Yaps. As of the afternoon, Kaito is trading at around $2 on CoinMarketCap, down about 3.2% from the previous day.

HyperLiquid attracted attention as it was reported that a whale (large investor) within HyperLiquid made significant profits in line with the rising Bitcoin price. According to AmberCN, HyperLiquid whale James Wynn took a 40x leverage long position on Bitcoin, earning an unrealized profit of $18.7 million. The whale is reportedly still holding a long position worth $1.12 billion as of today.

Ethereum drew attention as it was revealed that a hacker who attacked the virtual asset exchange Coinbase laundered stolen funds into Ethereum. Specifically, the Coinbase hacker is known to have swapped $42.5 million worth of stolen Bitcoin into Ethereum. Additionally, as Bitcoin hit a new high, mentions of Ethereum also seem to have increased. As of the afternoon, Ethereum is trading at around $2,630 on CoinMarketCap, up about 2% from the previous day.

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JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul
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