Editor's PiCK
[Today's Global Trending Coins] Bitcoin, Iris, PartCoin & More
Summary
- According to Kaito’s Token Mindshare indicator, the virtual assets currently attracting the most attention are Bitcoin, Iris, PartCoin, Solana, and Sui.
- Bitcoin is drawing attention due to a sharp price drop caused by worsening U.S. employment indicators and large-scale net outflows from spot ETFs.
- Large-scale token unlocks for Solana and Sui are scheduled in August, so investors should beware of the potential for increased price volatility if these tokens are released into the market.
According to the Token Mindshare indicator by the AI-based Web3 search platform Kaito (Token Mindshare, a metric that quantifies the influence of a specific token in the virtual asset (cryptocurrency) market) Top Gainer, as of the 2nd, the top 5 keywords related to virtual assets attracting the most attention are Bitcoin (BTC), Iris (IRYS), PartCoin (FARTCOIN), Solana (SOL), and Sui (SUI).
Bitcoin saw a surge in online mentions as its price plummeted following the U.S. employment index falling well short of expectations the previous day. In addition, the U.S. spot Bitcoin ETF recorded a net outflow of $812.3 million (about ₩1,128.8 billion), the largest withdrawal in five months. Currently, Bitcoin is trading at $114,000.89 on CoinMarketCap, down 1.35% from the previous day.
Iris, an on-chain data infrastructure platform, recently attracted attention by forming a partnership with the AI native blockchain project Warden Protocol. Through this collaboration, more than 5 million AI models from Warden Protocol will be able to secure continuous memory based on Iris.
PartCoin, a meme coin based on Solana, recently drew attention by ranking 10th in the virtual asset derivatives market. According to CoinGlass, PartCoin’s open interest in futures exceeded $1 billion, surpassing key virtual assets such as Litecoin (LTC), Chainlink (LINK), and Avalanche (AVAX). Currently, PartCoin is trading at $0.9476, down 4.31% from the previous day.
Solana and Sui are in the spotlight among investors as they are scheduled for large-scale token unlocks in August. The largest unlock for this month is Solana, at about $367 million (about ₩515.9 billion). Sui follows with an unlock scale of $216 million (about ₩303.6 billion). If these volumes are released into the market at once, price volatility may increase, so caution is needed. Meanwhile, Solana is currently trading at $165.08 on CoinMarketCap, down 3.07% from the previous day, while Sui is trading at $3.52, down 1.6% from the previous day.
Additionally, investors are also showing interest in Union, Infinit, Tron (TRX), Openledger, and Billions.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.![[Today’s Key Economic & Crypto Calendar] Atlanta Fed GDPNow, More](https://media.bloomingbit.io/static/news/brief_en.webp?w=250)
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