Editor's PiCK

[Today's Global Coins of Interest] Vultisig·Zcash·Bitget Wallet Token, etc.

Source
Uk Jin

Summary

  • Kaito's Mindshare indicator reports that Vultisig, Zcash, Bitget Token, Coinbase, and Bitcoin are receiving high interest from investors.
  • Zcash recorded a 7.37% one-day gain and a 428.45% month-over-month surge in price, drawing investors' attention.
  • It reported that expectations for Coinbase's BASE token issuance and major macroeconomic events are increasing investors' interest in major cryptocurrencies such as Bitcoin.

According to the token Mindshare top gainers of Kaito, an AI-based Web3 search platform (Token Mindshare·an indicator that quantifies the influence of a specific token in the cryptocurrency market), as of the 26th the top five cryptocurrency-related keywords drawing the most attention are Vultisig (VULT), Zcash (ZEC), Bitget Token (BWB), Coinbase, and Bitcoin (BTC).

Vultisig, which ranked first in attention, recently announced a token sale, raising investors' expectations. Vultisig is an MPC (multi-party computation) cryptocurrency wallet that supports multiple chains without seed phrases. It is currently operating a leaderboard as well, and mentions by investors have increased significantly.

Zcash took second place. Zcash recorded a solid gain of 7.37% in one day, attracting investors' attention. As of that day, Zcash's price was $287.92, which represents a 428.45% surge compared with the previous month.

Third was Bitget Token. Interest among investors gathered as Bitget held a large event. Bitget allocated a total of $14,350 in event rewards for new customers. The event period is October 16–November 16. In addition, Bitget recently drew investors' attention by announcing support for U.S. stock trading.

Meanwhile, Coinbase drew investors' attention on expectations for token issuance for its blockchain Base (BASE). Jesse Pollak, the founder of Base, said at last month's 'BaseCamp' event, "Token issuance can accelerate the network's decentralization and expand builder participation." J.P. Morgan's equity research team assessed in a report that "if Coinbase launches a Base token, considering current network activity and the token economic model, the token's market capitalization could reach $12 billion to $34 billion."

Finally, the top cryptocurrency Bitcoin ranked fifth. This week, major macroeconomic events such as a meeting between U.S. President Donald Trump and Chinese President Xi Jinping at the APEC summit and the Malaysian ASEAN summit are scheduled, which is interpreted as investors showing great interest in Bitcoin's direction. In this regard, Jeff Kendrick, head of research at Standard Chartered, forecasted that "if U.S.-China tensions escalate, Bitcoin could fall below $100,000."

Investors also showed interest in BlueWhale (BLUEWHALE), DigiByte (DGB), VOOI (VOOI), BNATR (BNATR), and SUI (SUI).

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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