Bitcoin (BTC), AIXBT, FTT Token (FTT), Avalanche (AVAX), and Kaito (KAITO) are the top 5 virtual assets

According to the Token Mindshare (a metric quantifying the influence of specific tokens in the virtual asset market)

Bitcoin (BTC) price recovered to the $104,000 range as it showed signs of regaining its upward price trend, according to Token Mindshare.

According to the latest market report from Token Mindshare, a metric that quantifies the influence of specific tokens in the virtual asset market, the top 5 virtual assets currently attracting the most attention as of the 16th are Bitcoin (BTC), AIXBT (AIXBT), FTT Token (FTT), Avalanche (AVAX), and Kaito (KAITO).

Bitcoin price recovered to the $104,000 range as it showed signs of regaining its upward price trend. According to the report, Bitcoin is currently trading at around $104,000 on CoinMarketCap, up approximately 1.2% from the previous day.

The U.S. Bitcoin spot ETF also recorded net inflows for two consecutive trading days from the 14th to the 15th. The report further stated that the attention on Bitcoin may be linked to the heightened focus on the AI agent theme since the end of last month.

AIXBT price showed a surge in attention due to its increased price volatility. As of today, AIXBT is being traded at around $0.18 on CoinMarketCap, showing a decrease of approximately 7.4% from the previous day.

According to Token Mindshare, the heightened focus on the AI agent theme since the end of last month is presumed to have influenced the increase in online mentions of AIXBT.

FTT Token has been attracting attention ahead of the second debt repayment of the virtual asset exchange FTX, which went bankrupt in 2022. FTT Token is the utility token of FTX, and FTX will begin the second debt repayment of $5 billion from the 30th of this month.

The repayment targets users who held exchange accounts and general unsecured creditors at the time of FTX’s bankruptcy in 2022. Some small creditors may receive 120% of their principal through this repayment.

Avalanche is being recognized for integrating with the Avalanche-based DeFi protocol Euler and the global asset management firm BlackRock’s tokenized fund BUIDL.

As reported by The Block today, Euler and BUIDL are integrating. Consequently, users can deposit BUIDL’s token, sBUIDL, as collateral in Euler to borrow USD Coin (USDC), etc.

According to Token Mindshare, Kaito’s online mentions are presumed to have increased as the foundation clarified suspicions related to market making (MM).

The Kaito Foundation announced on its official X account on the 15th that it signed a contract with the MM company Web3Port on February 17th but voluntarily terminated the contract on the 27th of the same month.

Web3Port, a Chinese virtual asset market maker, was embroiled in controversy over misconduct during the listing process of Movement (MOVE).

The Kaito Foundation claimed, “We have not sold a single Kaito since the Token Generation Event (TGE) and are instead buying back through buybacks.”