Summary
- According to the Token Mindshare metric from the AI-based Web3 search platform Kaito, Ethereum, Bitcoin, Defi App, and Kaito have been reported as the key interests among investors.
- Ethereum has surged more than 30% since early last month, staying around $3,400 and stimulating investor sentiment.
- Defi App announced a buyback of 187 million HOME tokens, drawing attention from investors.
According to the Token Mindshare, a metric from the AI-based Web3 search platform Kaito that quantitatively measures the influence of specific tokens in the virtual asset (cryptocurrency) market, as of the 2nd, the most popular virtual asset-related keywords are Ethereum (ETH), Bitcoin (BTC), Defi App (HOME), and Kaito (KAITO).
Ethereum, which had recently shown a tremendous upward trend, continues to attract investors' attention. Although the overall virtual asset market is weak due to worsening US employment indicators, Ethereum is still trading at around $3,400, up more than 30% from early last month.
With ongoing macroeconomic concerns and a bearish market, investor interest in Bitcoin (BTC) has also increased. Bitcoin (BTC) is showing a weak trend, dropping to the $112,000 level during intraday trading.
Defi App (HOME) recently announced a token buyback, sparking investor interest. Defi App declared through its official X account that it had bought back 187 million HOME tokens.
In addition, investors are showing interest in virtual assets such as Union (UNION), Somnia (SOMNIA), Scion (XION), and Infinity (INFINIT).
YM Lee
20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE
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