Editor's PiCK

[Today's Global Interest Coins] Monad·PumpFun·Ethereum etc

YM Lee

Summary

  • According to Kaito's indicators, the virtual assets that investors are highly interested in are Monad, PumpFun, Ethereum, Bitget Token, and Bitcoin.
  • Monad is attracting investors' attention as a mainnet launch and token listing are expected, and PumpFun said it repurchased 5% of the circulating supply through a token buyback.
  • Ethereum experienced large buying pressure and foundation selling at the same time, and Bitget Token rose 430% over the past four weeks to set a new high.

Kaito, an AI-based Web3 search platform, reported via its Token Mindshare (Token Mindshare, an indicator that quantifies the influence of specific tokens in the virtual asset (cryptocurrency) market) top gainer that as of the 2nd the top five cryptocurrency-related keywords people are most interested in are Monad (MONAD), PumpFun (PUMP), Ethereum (ETH), Bitget Token (BGB), and Bitcoin (BTC).

Monad (MONDA) has drawn investors' attention ahead of its mainnet launch. Monad plans to launch its own blockchain protocol mainnet on September 29, and a token listing is expected after the mainnet launch.

Meme coin launchpad PumpFun (PUMP) attracted attention for its token buyback. PumpFun has so far used 373,476 SOL to repurchase as much as 5% of the circulating supply.

Ethereum (ETH) stirred investor sentiment as large-scale purchases by multiple companies and large sales by the Ethereum Foundation occurred.

U.S. Nasdaq-listed company Propan Biopharma and Hong Kong-listed company OnePung Financial announced Ethereum reserve plans, and SharpLink Gaming, known as an existing Ethereum reserve company, announced it had added 39,008 ETH.

Meanwhile, the Ethereum Foundation sold about 10,000 ETH to secure $430 million, and said it would allocate the funds to ecosystem support such as research and development, grants, and donations.

Bitget Token (BGB) has been surging despite the recent slightly weak market. Bitget Token rose about 430% over the past four weeks and hit a record high of $6.55.

Investors are also showing interest in Solana (SOL), Somnia (SOMNIA), Polymarket (POLYMARKET), and Coinbase (COINBASE).

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YM Lee

20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE
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