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Data from Santiment shows that Kaito (KAITO), Sei (SEI), YAP (YAP), and Grok (GROK) are leading the discussions on platforms such as X, Reddit, Telegram, 4Chan, Farcaster, and Bitcointalk. This heightened enthusiasm coincides with steady growth in overall crypto market capitalization. KAITO, SEI, and GROK’s Popularity According to Santiment’s February 21 report , KAITO, the native token of AI platform Kaito, is generating significant buzz due to its listings on major exchanges such as Binance, Coinbase, and KuCoin. Crypto enthusiasts are actively discussing its trading activity, price predictions, and ongoing airdrop claims. The project’s features and tokenomics are further fueling excitement, making it one of the most talked-about assets in the community. Additionally, YAP has emerged as a key term in discussions related to Kaito due to its innovative “tweet-to-earn” mechanism. Developed by the AI platform, the YAP leaderboard incentivizes users to post about crypto on social media. After linking their accounts and crypto wallets, individuals can earn points called “Yaps” based on the engagement on their posts. Santiment highlighted that this system has led to the colloquial use of “yap” as a unit of value or transaction within the Kaito ecosystem. On the other hand, SEI has seen heightened attention following Trump-backed World Liberty Financial’s purchase of 547,990 SEI tokens for $125,000, on its way to amassing a $370 million crypto stash. The analysis reveals that this acquisition has started debates about institutional interest in SEI and its potential impact on the broader crypto market. Grok is trending due to its association with Elon Musk’s latest AI initiative, Grok 3. People have been sharing their experiences with the platform’s real-time knowledge, deep search functionalities, and potential impact on the financial advisory space. Users are also comparing its capabilities to other AI models, particularly in the context of crypto and investment strategies. The excitement is further fueled by the project being free to use. More Trending Tokens Other coins on Santiment’s list include Bitcoin (BTC) and Bittensor (TAO). Bitcoin remains a focal point of conversation, with analysts forecasting significant price milestones. Some projections suggest the coin could go back above $100,000 in the near future and break past the $200,000 level by 2027. Discussions on the flagship cryptocurrency are focused on its current trading status, market cap, and external influences, such as U.S. economic conditions, which could impact its price trajectory. Meanwhile, TAO has gained traction following its recent listing on Coinbase. This has led to speculation about its growth potential and optimism surrounding the dTAO launch. There is also talk about its price movements, with many users expressing positivity about its future performance. Analysts suggest that the token could be entering a bullish phase after a prolonged downtrend, adding to the excitement surrounding its market activity. The post Report: Kaito, SEI, YAP, and Grok Dominate Crypto Trends Amid Market Growth appeared first on CryptoPotato .
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DEX Platform DeriW Officially Debuts at the ‘Connecting Legends’ Event in Hong Kong
HONG KONG , Feb. 22, 2025 /PRNewswire/ — DeriW, powered by CoinW , celebrated the official product launch of its cutting-edge gas-free, decentralized perpetual exchange. The CoinW-hosted event took place at the prestigious The Henderson-Cloud 39 rooftop ballroom in Central Hong Kong during the ‘Connecting Legends’ after-party. This landmark event brought together 400 leading figures from the cryptocurrency sector. It included crypto leaders, innovative projects, key opinion leaders (KOLs), and affiliates. Interactive Fun and Airdrop Rewards The evening began with an engaging short video showcasing DeriW as the pinnacle of trading platforms developed by the seasoned experts at CoinW. Julia, Head of Marketing at DeriW, captivated the audience by outlining the core advantages of DeriW. She presented its vast opportunities available to traders and affiliates. There was also a sneak peek provided into the eagerly anticipated testnet launch. Another highlight of the evening was a unique interactive event, designed to engage participants and give them a firsthand experience of DeriW’s user-centric platform. Attendees had the opportunity to participate in various activities, and winners were rewarded with $USDT airdrops, which will be distributed following the platform’s mainnet launch. Designed for the Future DeriW sets itself apart by combining the robust security measures of traditional finance with the innovative flexibility of decentralized networks. At its core, DeriW utilizes state-of-the-art Layer 3 technology on Arbitrum Orbit. This allows it to process up to 80,000 transactions per second without incurring gas fees. Its technical prowess promises to deliver an unparalleled trading experience that is both cost-effective and exceptionally fast, catering to the needs of both novice and professional traders. The launch was not only a celebration but also a forward-looking gathering that set the stage for the upcoming testnet phase of DeriW. This phase is crucial as it allows users to evaluate the platform’s functionalities and provide necessary feedback. It ensured that DeriW meets community standards and expectations before its full official rollout. DeriW Ecosystem: A World of Opportunities Following the Product Launch, DeriW invites Projects and Affiliates to take advantage of opportunities within the DeriW Ecosystem. Affiliates can benefit from high commission rates of up to 50% and trading rebates for bringing in new traders, while Projects can make use of ample liquidity, token listing opportunities and extensive support for a successful product launch. Stay Connected DeriW is committed to transparency and community engagement. Its official product launch is just the beginning of what promises to be a revolutionary journey in the world of cryptocurrency trading. For those interested in DeriW’s latest developments and participating in its testnet: Follow them on Twitter: @deriwfi Visit their official website: www.deriw.com Join DeriW Community: https://t.me/deriwfinance Discord: https://discord.com/invite/deriwfinance Join DeriW on this exciting journey to transform the digital finance landscape, one transaction at a time. Crypto Potato
Bybit Hack: $1.4B in Ethereum Drained
In a major incident, hackers have exploited Bybit, draining approximately $1.4 billion worth of Ethereum from the exchange. Analysts point to the infamous Lazarus Group from North Korea as the likely perpetrators. This exploit has stirred significant controversy across the crypto community. Criticism from Industry Leaders Adam Back, the Blockstream CEO and cypherpunk, took to … Continue reading "Bybit Hack: $1.4B in Ethereum Drained" The post Bybit Hack: $1.4B in Ethereum Drained appeared first on Cryptoknowmics-Crypto News and Media Platform . Crypto Potato
