Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn

Analytics Firm Reveals 3 Cryptocurrencies Whose Mentions Exploded During Altcoin Rally

BitcoinsistemiBitcoinsistemi2024/09/28 15:36
By:Mete Demiralp

Cryptocurrency analysis company Santiment shared three altcoins whose mention rates have increased significantly in its statement.

According to a statement from cryptocurrency analysis company Santiment, some altcoins experienced sudden increases in mentions on social media platforms at times when the overall cryptocurrency market was rising.

According to Santiment’s statement, there was a surge in altcoins and some large market cap cryptocurrencies increased their mention rates. According to the analysts’ list, the most popular projects are listed as follows:

  • Toncoin (TON): Mention rates increased due to the airdrop of the game token called Hamster Kombat (HMSTR).
  • Shiba Inu (SHIB): Shibarium is shown as the reason for the increase in mention rates in SHIB, the second largest memecoin in the world. In addition, users are also optimistic about the claim that there will be a 33,000% increase in the SHIB burn rate. SHIB price has increased by 23% in the recent period due to these effects.
Related News Analytics Company Claims Market “Entered FOMO Level”, Shares Expectations for Bitcoin
  • Pepe (PEPE): After the rise experienced by memecoins such as Shiba Inu, there was an expectation in PEPE, which caused an increase in mentions. However, PEPE has not yet achieved the expected growth.

*This is not investment advice.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Stake to earn
APR up to 10%. Always on, always earning.
Stake now!

You may also like

CIO of a Giant Investment Company Reveals His Prediction for the Level of Bitcoin Price in the Near Future

Bitwise senior manager Matt Hougan shared his thoughts on the future of Bitcoin price in his statement.

Bitcoinsistemi2024/09/28 19:24

US spot Bitcoin ETFs log highest inflow day since June, two-month high in total value

Following a seven trading day streak of inflows and bolstered by the rising price of Bitcoin, the total assets held by US-based spot Bitcoin ETFs has reached a two-month high.Friday also marked the largest inflows to the funds since early June, a nearly four-month high.

The Block2024/09/28 18:33