[Today's Global Trending Coins] Bitcoin, Magic Newton, Arbitrum & More

According to Token Mindshare, a metric quantifying the influence of specific tokens in the virtual asset market, by the AI-based Web3 search platform Kaito, the top five virtual assets currently drawing the most attention as of the 23rd are Bitcoin (BTC), Magic Newton (NEWT), Arbitrum (ARB), Ethereum (ETH), and Infinex (INFINEX).

Ranked first, Bitcoin attracted investors' attention with extreme volatility. Overnight, the virtual asset market fluctuated due to heightened geopolitical risks in the Middle East. In particular, investor sentiment sharply deteriorated after the Iranian parliament resolved to block the Strait of Hormuz in response to a US airstrike. As a result, Bitcoin temporarily dipped below $100,000 during the session and, from 6 p.m. on the 22nd to 6 a.m. on the 23rd, a total of $208.41 million in Bitcoin long positions was liquidated. As of 1:21 p.m. that day, Bitcoin was trading at $101,233, a 1.35% decrease from the previous day, according to CoinMarketCap.

Magic Newton took second place. The AI agent platform Magic Newton entered the rankings due to surging investor expectations ahead of the upcoming Token Generation Event (TGE). Currently, Newton is priced at $0.4 in the Binance futures market presale.

Arbitrum ranked third. The increase in mentions is analyzed as being caused by growing expectations for an airdrop. Previously, on the 9th, Arbitrum joined Kaito's reward program.

Ethereum took the fourth spot. Like Bitcoin, Ethereum recorded a sharp decline, raising investors' concerns. Ethereum fell to as low as $2,100 during the session but has since recovered part of its losses and is trading at $2,240.

Infinex took fifth place.

Additionally, Tether (USDT), HyperLiquid (HYPE), Somnia (SOMNIA), Kaito (KAITO), and Alba (ALVA) also ranked high on the list.