Editor's PiCK
[Today's Global Trending Coins] Ethereum, Loud, Infinit, and More
Summary
- According to Kaito Token Mindshare Index, five crypto assets, including Ethereum and Loud, were identified as major market interests.
- It was reported that Ethereum saw a net outflow of $1.49 million from spot ETFs and a substantial withdrawal from BlackRock ETHA, yet its price went up by 5.71%.
- Arbitrum gained investor attention after forming a partnership with Robinhood to offer tokenized products to EU customers, with its price rising 7.64% from the previous day.
According to the Token Mindshare index (a metric quantifying the influence of specific tokens in the virtual asset market) from the AI-based Web3 search platform Kaito, as of the 3rd, the top 5 crypto-related keywords receiving the most attention are Ethereum (ETH), Loud (LOUD), Infinit (Infinit), Eclipse (Eclipse), and Arbitrum (ARB).
Ethereum drew attention due to a small net outflow from spot ETFs the previous day. On that day, there was a net outflow of $1.49 million (about ₩2 billion) from the US Ethereum spot ETFs—a reversal to net outflows after four trading days. Meanwhile, BlackRock ETHA saw the largest outflow, with $46.56 million withdrawn. Ethereum is currently trading at $2,568.61 on CoinMarketCap, up 5.71% from the previous day.
Loud likely saw an increase in online mentions after the release of the 2nd week Kaito leaderboard rankings. The reward for this round is expected to be distributed within the next few days. Loud is currently trading at $0.0004424 on CoinMarketCap, up 0.42% from the previous day.
The DeFi intelligence platform Infinit gained attention by releasing the Yapper leaderboard in collaboration with Kaito. Users can raise their leaderboard ranking through posts (yap) and activity, and the top performers will receive 0.5% of Infinit’s total supply as a reward.
Eclipse, an Ethereum Layer2 powered by the Solana (SOL) virtual machine, announced it will limit team participation in the upcoming ES token airdrop to prevent insider selling. Eclipse previously secured a total investment of $65 million, while the Token Generation Event (TGE) date has not yet been announced.
Arbitrum drew attention by announcing a partnership with Robinhood the previous day. Robinhood has started offering over 200 US stocks and ETFs as tokenized products based on the Arbitrum blockchain to European Union (EU) customers. Arbitrum is currently trading at $0.3562 on CoinMarketCap, up 7.64% from the previous day.
Additionally, investors are also showing interest in Bonk (BONK), Fxhash (Fxhash), Openledger (Openledger), Wrapped Bitcoin (WBTC), and SushiSwap (SUSHI).
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
