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[Today's Global Trending Coins] Fartcoin, Solana, OfficialTrump, and More

JOON HYOUNG LEE
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  • Fartcoin has reportedly caught investors' attention due to its recent surge in price volatility and trading volume.
  • Solana is highlighted due to PayPal's payment service introduction and Zenover's reserve plan announcement.
  • OfficialTrump's price has fallen due to tariff policy impacts, leading to an increase in online mentions.
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  • 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 Token Mindshare, a metric quantifying the influence of specific tokens in the virtual asset market, by the AI-based Web3 search platform Kaito, the top 5 keywords related to virtual assets that people are most interested in as of the 8th are Fartcoin (FARTCOIN), Solana (SOL), OfficialTrump (TRUMP), USDCoin (USDC), and Arbitrum (ARB).

Fartcoin is estimated to have caught investors' attention recently due to its soaring price volatility. According to CoinMarketCap, Fartcoin was trading at approximately $0.59, up about 35.5% from the previous day. The trading volume surged over 103% from the previous day to $374.23 million.

Solana recently drew attention as the global number one payment platform PayPal launched Solana payment services on its platform. This allows Solana to be bought, sold, or transferred using PayPal. Additionally, Solana was highlighted when the US Nasdaq-listed company Zenover announced its Solana reserve plan. Zenover has reportedly raised new funds of $42 million to purchase Solana. Solana was trading at the early $111 range, up over 9% from the previous day, according to CoinMarketCap.

OfficialTrump is one of the virtual assets that gained attention due to the recent large-scale reciprocal tariff policy by the US government. The virtual asset market, as well as major stock markets in the US, Japan, and Hong Kong, fluctuated due to tariff remarks by US President Donald Trump. As a representative 'Trump-themed coin,' OfficialTrump's online mentions increased along with the attention on President Trump. However, OfficialTrump could not avoid the impact of US tariffs. According to CoinMarketCap, OfficialTrump was priced at $7.9, down over 22% from a week ago.

USDCoin seems to have gained attention recently as funds have been flowing into stablecoins. According to the real-world asset (RWA) data analysis platform rwa.xyz, the total market capitalization of stablecoins increased by 1.82% from a month ago to $227.45 billion as of today. The global virtual asset exchange Binance's launch of new USDCoin-based trading pairs and algorithm trading features also seems to have influenced the increase in online mentions of USDCoin.

Arbitrum recently drew attention as the decentralized physical infrastructure network (DePIN) Mawari Network announced the strengthening of its collaboration with Arbitrum. With this collaboration, Mawari Network will launch Layer 2 and Layer 3 blockchains on Arbitrum Orbit. Arbitrum was trading at $2.77, up approximately 3.92% from the previous day, according to CoinMarketCap at 2:11 PM today.

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JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist
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