According to the Token Mindshare (a metric quantifying the influence of specific tokens in the crypto market) top gainers from the AI-based Web3 search platform Kaito, the top 5 cryptocurrencies garnering the most attention as of the 1st are Pepe (PEPE), OpenSea, Solana (SOL), Dogecoin (DOGE), and Dolos the Bully (BULLY).
The meme coin Pepe has recently recorded the most notable rise, attracting investors’ interest. The rise of Pepe is believed to be linked to Elon Musk, the CEO of Tesla. Recently, Musk has shown continuous interest in Pepe by changing his X (Twitter) profile picture to Pepe. As of 1:40 PM, Pepe is trading at $0.00002017, up 12.23% from the previous day according to CoinMarketCap.
OpenSea, the NFT trading platform, ranked second. It is speculated that investors are showing interest as the token generation event (TGE) of OpenSea is imminent. Recently, as the outline of OpenSea version 2 has been revealed, rumors are circulating in the community that the version 2 release and token generation will occur simultaneously. On this day, Devin Finzer, co-founder of OpenSea, announced that “OpenSea version 2 has entered the final stage.”
Solana ranked third. Solana has recently been on a continuous decline, falling below the $190 mark, causing concern among investors. At the same time, Solana is trading at $189.15, down 0.13% from the previous day.
Dogecoin, the leading meme coin, ranked fourth. Optimism about Dogecoin is emerging as Donald Trump’s presidential inauguration is scheduled for the 20th of this month. Dogecoin is a representative cryptocurrency favored by Elon Musk, a close associate of Trump. Notably, the acronym for the Department of Government Efficiency, which Musk is expected to head, is D.O.G.E., which is also expected to positively impact Dogecoin. Galaxy Research, a cryptocurrency analysis firm, predicted that Dogecoin will reach $1 by 2025.
Dolos the Bully ranked fifth. It attracted investors’ attention by recording the highest increase among cryptocurrencies on this day. Currently, Dolos the Bully is trading at $0.08483, soaring 50.01% from the previous day according to CoinMarketCap.
Additionally, investors showed interest in Base, Pudgy Penguins, and Tezos.
