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Altcoins

These Altcoins Have Spiked in Social Media Mentions Recently

NBTCBy NBTC04/12/2024No Comments2 Mins Read

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Cryptocurrency analytics company Santiment has published a list of altcoins that have seen the highest increase in mentions across social media platforms recently.

According to the data, the list of cryptocurrencies with the highest increase in mentions is topped by a familiar name, Ethereum. However, we must point out that the other two altcoins are surprising.

According to the list published by Santiment, the cryptocurrencies that have seen a spike in mention rates on social media platforms are listed as follows:

Ethereum: According to analysts, the shift towards fees paid by rollups instead of fees paid by users on the ETH network is seen as a very positive move. It is predicted that this will increase scalability and reduce costs for users. In addition, the number of active addresses on the ETH network has exceeded 5 million.

GOAT: The memecoin of the past few days, GOAT, seems to have established its dominance in the artificial intelligence (AI) memecoin market and has a significant trading volume. In addition, the altcoin has surpassed a market cap of $700 million.

Casper (CSPR): Unfortunately, the increase in this altcoin’s mentions is due to a negative topic. Prove AI’s transition from the Casper network to Hedera has caused some users to worry about the future of the Casper network. In addition, Hedera has benefited from this transition.

*This is not investment advice.

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NBTC

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