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Cryptocurrency News Articles

Movement (MOVE) Attracts Investors' Attention as Rumors of a Relationship with the Cryptocurrency Project World Liberty Financial Ignited

Jan 29, 2025 at 12:41 pm

According to the top gainers in Token Mindshare, a metric quantifying the influence of specific tokens in the cryptocurrency market, on the AI-based Web3 search platform Kaito, the top 5 cryptocurrency-related keywords that people are most interested in as of the 29th are Movement (MOVE), Dogecoin (DOGE), Pudgy Penguins (PENGU), Dogwhiphat (WIF), and Verachain (BERA).

Movement (MOVE) Attracts Investors' Attention as Rumors of a Relationship with the Cryptocurrency Project World Liberty Financial Ignited

The top 5 cryptocurrency-related keywords that people are most interested in, according to the top gainers in Token Mindshare, a metric quantifying the influence of specific tokens in the cryptocurrency market on the AI-based Web3 search platform Kaito, as of the 29th are: Movement (MOVE), Dogecoin (DOGE), Pudgy Penguins (PENGU), Dogwhiphat (WIF), and Verachain (BERA).

Movement, which ranked first, attracted investors' attention as rumors of a relationship with the cryptocurrency project World Liberty Financial, led by President Donald Trump and his family, ignited. Earlier that afternoon, World Liberty Financial purchased approximately $2 million worth of Movement. In the community, there were suspicions that World Liberty Financial might have some sort of relationship with Movement. Particularly, Movement's token price surged due to the launch of its mainnet, raising suspicions of insider trading. However, Lucy Manche, co-founder of Movement Labs, stated, "I was surprised to hear the news," and clarified, "We have had no contact with World Liberty Financial."

Dogecoin took the second spot. It is interpreted that investors are showing interest as the cryptocurrency asset management company Bitwise submitted a securities registration statement (S-1) for a Dogecoin spot ETF.

Pudgy Penguins ranked third. It seems that interest naturally shifted to Pudgy Penguins as its parent company, Igloo, unveiled an Ethereum-based Layer 2 blockchain.

Dogwhiphat took the fourth spot. Amidst the overall sluggishness of other meme coins, Dogwhiphat rebounded on this day, attracting investors' attention. As of 1:38 PM, Dogwhiphat recorded a 5.12% increase from the previous day, priced at $1.25 according to CoinMarketCap.

Lastly, Verachain ranked fifth. Investors are showing interest as it launched the incentive program BOYCO on this day.

Moreover, investors are also interested in Ripple, Symbiotic, USDC, FOMO, and Ethereum (ETH).

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