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Cryptocurrency News Articles
FDUSD, BTC, TUSD, SEI, and LINK are the top 5 virtual asset-related keywords attracting the most interest
Apr 03, 2025 at 12:38 pm
According to the Token Mindshare (a metric quantifying the influence of specific tokens in the virtual asset market) top gainers from the AI-based Web3 search platform Kaito
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The top five virtual asset-related keywords currently attracting the most interest on Wednesday, according to the Token Mindshare (a metric quantifying the influence of specific tokens in the virtual asset market) top gainers from AI-based Web3 search platform Kaito are First Digital USD (FDUSD), Bitcoin (BTC), TrueUSD (TUSD), Sei (SEI), and Chainlink (LINK).
First Digital USD (FDUSD) drew attention after Justin Sun, founder of TRON (TRX), raised concerns about the repayment ability of First Digital Trust (FDT), the issuer of FDUSD, leading to a decline and depegging. FDT immediately responded by branding Justin Sun's claims as an attempt to maliciously spread rumors and mislead the public. The aim, according to FDT, was to cause panic among investors and damage the reputation of First Digital. Binance also confirmed that there were no issues with FDUSD reserves as an independent third party completed the audit.
Bitcoin attracted attention after plummeting following Trump's announcement of reciprocal tariff policies. Previously, U.S. President Donald Trump signed an executive order imposing a base tariff of 10% on all foreign imports along with varying reciprocal tariffs by country. In response to Trump's statement, China announced plans for reciprocal tariffs on U.S. goods. Bitcoin began to decline rapidly from the $87,000 level.
TrueUSD is speculated to have increased online mentions due to the revelation of an ongoing lawsuit with Justin Sun. It is known that FDT, which Justin Sun had concerns about in terms of repayment ability, managed TUSD reserves. Earlier this year, a lawsuit was filed against Sun and several TRON-related entities for allegedly misusing TUSD funds.
Crypto startup Sei unveiled its non-profit organization, the Sei Development Foundation, in New York City. The foundation aims to support developers, builders, and project founders in creating the next generation of decentralized protocols on the Sei blockchain.
“We are incredibly excited to announce the launch of the Sei Development Foundation,” said Sam Reynolds, CEO of Sei. “This foundation will play a critical role in supporting the growth and development of the Sei ecosystem.”
The startup, known for its high-throughput blockchain, is aiming to build an ecosystem of decentralized applications in Web3. The non-profit foundation will focus on providing grants, mentorship, and other resources to support developers and projects.
“We are grateful for the support of the Se chain community throughout this journey,” said Alan Chan, chairman of the Sei Development Foundation. “With the establishment of the non-profit foundation, we are excited to continue building the future of decentralized technology together.”
Sei is currently trading at $0.1662, having decreased by 3.95% over the past 24 hours, according to CoinMarketCap.
Chainlink announced the introduction of a payment abstraction feature on its mainnet. This feature allows users to pay for Chainlink services with gas tokens or stablecoins other than LINK. The new service is designed to provide greater flexibility and accessibility for developers integrating Chainlink services into their applications.
“Today marks a pivotal moment as Chainlink introduces payment abstraction to its mainnet,” said Chainlink co-founder and CEO Sergey Nazarov. “This groundbreaking innovation empowers developers with the freedom to choose how they integrate Chainlink services into their applications.”
The service allows developers to select the preferred gas token or stablecoin for paying service fees. In addition, Chainlink provides a simple API integration for seamless service addition.
Chainlink is currently trading at $13.16, having decreased by 4.27% over the past 24 hours, according to CoinMarketCap.
Investors are also showing interest in Dogecoin (DOGE), Luna, XRP, VanEck, and Litecoin (LTC).
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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