[Today’s Global Trending Coins] Solana, Bitcoin, KIP Protocol & Others

Based on the Token Mindshare high gainers from Kaito, an AI-based Web3 search platform (which quantifies the affect of particular tokens within the digital asset market), the highest 5 most mentioned digital asset-related key phrases as of the sixteenth are Solana (SOL), Bitcoin (BTC), KIP Protocol (KIP), Meteora, and Polkadot (DOT).

Solana gained consideration after the Solana-based meme coin LIBRA surged after which crashed following promotion by Argentine President Javier Milei. Presently, Solana is buying and selling at $194.66 on CoinMarketCap, down 1.87% from the day past.

Bitcoin drew consideration as U.S. Bitcoin spot ETFs recorded web inflows on the 14th (native time), ending 4 consecutive buying and selling days of web outflows. On at the present time, U.S. Bitcoin spot ETFs recorded web inflows of $70.6 million. Particularly, BlackRock’s IBIT noticed $22.3 million, Constancy’s FBTC $94 million, and Bitwise’s BITB $8 million in web inflows. In the meantime, Grayscale’s GBTC and ARK Make investments’s ARKB noticed web outflows of $47 million and $13.2 million respectively. Presently, Bitcoin is buying and selling at $97,541.26 on CoinMarketCap, down 0.24% from the day past.

KIP Protocol attracted consideration amid controversy over being LIBRA’s market maker (MM). Nevertheless, KIP Protocol’s CEO Julian clarified, “Whereas we did take part in LIBRA, KIP Protocol’s position was to supply funding to native Argentine firms by the undertaking. We aren’t market makers and didn’t conduct LIBRA coin presales. All cash had been offered by a single liquidity pool.” KIP Protocol is at the moment buying and selling at $0.006699, down 22.79% from the day past.

Meteora, a Solana-based decentralized trade (DEX), gained consideration as its buying and selling quantity considerably elevated in comparison with the earlier month. Meteora’s buying and selling quantity in January was $33 billion, a 33-fold improve from $990 million in December final yr, far exceeding its earlier excessive of $4.5 billion. That is attributed to the preliminary launch of TRUMP, Donald Trump’s official meme coin, on Meteora.

Polkadot gained consideration after being added to Kaito’s Yapper Leaderboard, with lively on-line discussions at the moment happening. Prime Yapper Leaderboard individuals can obtain rewards for six months, with funds made on the finish of every month. Polkadot is at the moment buying and selling at $4.97 on CoinMarketCap, down 4.22% from the day past.

Buyers are additionally exhibiting curiosity in MANTRA (OM), Quai Community (QUAI), Pump.enjoyable, MELANIA, and Consider In One thing.