PiCK
[Today's Global Trending Coins] Bitcoin, HyperLiquid, Tether, and More
- Bitcoin has recently attracted investor attention due to high price volatility and continued to decline after the Federal Reserve (Fed) hinted at moderating the pace of rate cuts.
- HYPE gained attention by being included in the Grayscale Research Top 20 list, and the launch of staking features positively impacted investors.
- Tether attracted attention by acquiring 7,629 Bitcoins, valued at $700 million.
- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
According to the top gainers in Token Mindshare (a metric quantifying the influence of specific tokens in the crypto market) from the AI-based Web3 search platform Kaito, the top five cryptocurrencies currently attracting the most attention are Bitcoin (BTC), HyperLiquid (HYPE), Tether (USDT), ai16z, and Jito (JTO).
Bitcoin has recently drawn investor interest due to its high price volatility. It surpassed $108,000 on the 17th of this month, setting a new all-time high, but continued to decline after the Federal Reserve (Fed) hinted at moderating the pace of rate cuts. Recently, amid the 'Santa Rally,' it rose to the $98,000-$99,000 range but then fell again, dropping below $92,000 this morning.
HYPE is speculated to have gained attention after being included in the 'Grayscale Research Top 20' list for the first quarter of next year, announced by the global crypto asset management firm Grayscale on the 30th (local time). This list comprises cryptocurrencies that Grayscale believes have high growth potential for the next quarter. HyperLiquid also launched a staking feature on the same day. As of 1:42 PM, HYPE is trading at $26.22 on CoinMarketCap, down 4.5% from the previous day.
Tether attracted attention by acquiring over 1 trillion won worth of Bitcoin on the 30th (local time). According to The Block, Tether transferred 7,629 Bitcoins to its Bitcoin holding account via on-chain data. The transferred Bitcoins are valued at $700 million (approximately 1 trillion won). Tether's current Bitcoin holdings are reported to be worth $7.6 billion (approximately 11.2 trillion won).
ai16z has been noted for the potential launch of a Layer 1 blockchain. Along with the launch, ai16z is also reviewing plans to revamp its tokenomics, including staking mechanisms. As of 1:41 PM, ai16z is trading at $1.71 on CoinMarketCap, up about 40% from the previous day.
Jito also appears to have gained attention by being included in the Grayscale Research Top 20 list on the 30th (local time). As of 1:42 PM, Jito is trading at $3.22 on CoinMarketCap, down 3.07% from the previous day.
Additionally, investors have shown interest in Bitget Token (BGB), Circle (USDC), and Toncoin (TON).