Bitcoin (BTC) Remains the Top Gainer of Token Mindshare Despite Briefly Surpassing $105,000 Today

The virtual asset market is constantly in motion, with new trends and developments emerging rapidly. Among the various metrics used to gauge the popularity and influence of specific tokens, Token Mindshare plays a crucial role in reflecting the collective interest and engagement with different cryptocurrencies.

According to the Top Gainer of 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 virtual assets are :

1. Bitcoin (BTC)

2. Moodeng (MOODENG)

3. AIXBT (AIXBT)

4. Virtual Protocol (VIRTUAL)

5. Lido DAO (LDO)

As of 12th, Bitcoin briefly surpassed $105,000 today, drawing investor interest. Around 10 a.m., Bitcoin surged over 3% intraday to reach $15,000. However, as of 2:20 p.m., it is trading at $103,904, down 0.17% from the previous day.

The news of trade negotiations between the U.S. and China is analyzed to have stimulated Bitcoin's investor sentiment.

Earlier this morning, U.S. Treasury Secretary Scott Besant stated that there was "substantial progress" regarding the first official trade negotiations with China. After the two-day negotiations in Geneva, Switzerland, which concluded today, Secretary Besant told reporters, "We will disclose additional details on Monday (local time, 12th).

On the 11th (local time), Vice Premier He Lifeng, who also participated in the negotiations, said at the closing press conference, "Both the U.S. and China exchanged in-depth views on trade negotiations. We discussed various issues in a candid and pragmatic manner, and both sides have reached significant agreements."

Next is Moodeng. The meme coin Moodeng is experiencing a surge today following the news of its listing on Binance Alpha. At the same time, Moodeng is being sold at $0.26, showing a 107.86% rise from the previous day.

Third is AIXBT. AIXBT has been ranked due to its over 10% intraday increase, along with a significant rise in mentions on community platforms over the weekend.

Virtual Protocol ranks fourth due to an unfortunate incident overnight. It involves a rug pull incident related to ROAST, which was scheduled to launch on Virtual Protocol's launchpad. An anonymous user created a virtual asset using the same ticker and logo as ROAST, launching it on the launchpad before the real ROAST. Investors, mistaking it for the real ROAST, began depositing funds, and when the total locked value (TVL) reached $5 million, the fake ROAST team disappeared with all the funds.

Some investors are claiming that "Virtual Protocol should resolve this issue," demanding accountability.

Lido ranks fifth. The news of a hacking incident involving Lido Oracle has drawn investor attention.

Lido DAO previously announced on its official page that "an address belonging to the 'Chorus One' oracle was hacked, affecting the Ethereum (ETH) balance within the oracle."

Lido DAO is currently conducting an emergency vote to replace the oracle damaged by the hack.