[Today's Global Trending Coins] USDC, FARTCOIN, Tether & more

According to the top gainers on the artificial intelligence (AI)-powered Web3 search platform Kaito's Token Mindshare (a metric quantifying the influence of certain tokens in the virtual asset market), as of the 6th, the five most-watched virtual assets are USD Coin (USDC), FARTCOIN, Tether (USDT), Coinbase, and Dogecoin (DOGE).

USD Coin attracted attention as its issuer, Circle, closed its first day of trading on Nasdaq at $83.23, up 168% from the IPO price of $31. Circle shares even hit an intraday high of $103.75, and the company’s market capitalization once soared up to $16.7 billion (about ₩22 trillion).

FARTCOIN made headlines today as it has been newly added to the Coinbase listing roadmap. Currently, FARTCOIN is trading at $1.04, up 12.1% compared to the previous day according to CoinGecko.

Tether recently announced a strategic investment in the African decentralized finance platform Shiga Digital, drawing attention. Shiga Digital provides customized virtual accounts, over-the-counter (OTC) trading, and foreign exchange (FX) services for African companies and reportedly plans to carry out blockchain-related business utilizing stablecoins such as USDT in the future.

Coinbase has been increasingly mentioned online as the Circle IPO boom reminds many of the Coinbase IPO at that time. In this regard, CoinDesk commented, “Most who entered at the peak price of Coinbase stock in 2021 did not see good results.”

Dogecoin caught investors’ attention as its price plummeted today due to escalating tensions between U.S. President Donald Trump and Elon Musk, CEO of Tesla. Dogecoin is currently trading at $0.1746 on CoinMarketCap, down 8.28% from the previous day.

In addition, investors are also showing interest in Bitcoin (BTC), Plume (PLUME), AXBT (AIXBT), Bancor Coin (BNKR), and ApeCoin (APE).