[Today's Global Trending Coins] Pump.fun, GMX, Ethereum, and More

According to the Token Mindshare (an index that quantifies the influence of specific tokens in the virtual asset market) Top Gainers on the AI-based Web3 search platform Kaito, as of the 10th, the top 5 virtual assets attracting the most attention are Pump.fun, GMX, Ethereum (ETH), Binance Coin (BNB), and USDC.

The governance token 'PUMP' tokenomics of Pump.fun, a Solana (SOL)-based meme coin issuance platform, was revealed, drawing much attention. A total of 1 trillion PUMP tokens will be issued, with 33% allocated for ICO. Within the ICO allocation, the private sale and public sale will account for 18% and 15%, respectively, and the price per token is set at around $0.004. Meanwhile, Binance is scheduled to support 'PUMP' perpetual futures pre-market trading starting from 16:30 on the 10th (KST).

The decentralized derivatives trading protocol GMX suffered a hacking incident the previous day, resulting in an increase in online mentions. GMX stated on X that “approximately $40 million worth of tokens were transferred to an unknown wallet from the Arbitrum (ARB)-based 'GMX V1 GLP pool.' We are currently investigating promptly to identify the root cause and restore normalcy,” noting that the hacking damage is considered limited in scope.

Ethereum drew attention today as the US Ethereum spot ETF saw net inflows for four consecutive trading days. The previous day, the US Ethereum spot ETF recorded total net inflows of $20,657,000 (about ₩2,835,000,000). On this day, BlackRock ETHA attracted the largest amount of capital, with net inflows of $15,387,000. Meanwhile, Ethereum is currently trading at $2,780.19 on CoinMarketCap, up 6.86% from the previous day.

Binance Coin became a focus today as EZ Labs (formerly Binance Labs), together with investment firm 10X Capital, participated in establishing the BNB Treasury Company. BNB Treasury Company aims to go public in the United States, with 10X Capital in charge of asset management.

USDC drew attention as its issuer Circle entered into a revenue-sharing agreement with the Bybit exchange. According to sources cited by CoinDesk, “Circle has already entered into revenue-sharing agreements with several exchanges, and any exchange holding a substantial amount of USDC is considered to have already made such agreements.”

Additionally, investors are showing interest in Bitcoin (BTC), OKB, MemeCore (M), MemeX, and Robinhood (HOOD).