After a while, BTC once again regained its place as the top cryptocurrency mentioned on Twitter. For a while, other cryptocurrencies like Shib, Sol and others started to become more popular than BTC, but just recently the top crypto has regained its place.
Bitcoin is now the most mentioned crypto on Twitter
After Bitcoin once again returned to neutral market sentiment, the cryptocurrency once again fell to the $38,000 mark, driving the Bitcoin Fear and Greed Index back to extreme fear. With that, it once again sparked the talks about BTC and whether its price will go up or down.
Although Shiba Inu is usually discussed on Twitter, the meme coin is now in third place with Cardano in fourth place and Solana in fifth place. A tweet from CoinTrendz showed the 10 most mentioned cryptocurrencies on Twitter.
WAX enters the list as the 10th most mentioned crypto on Twitter
An interesting cryptocurrency on the list was WAX which, according to CoinMarketCapis a “purpose-built blockchain” that was designed to make transactions faster, easier, and even more secure using POS consensus as opposed to POW.
WAX was founded by William Quigley and Jonathan Yantis. Quigley graduated from the University of Southern California and worked with Disney. Yantis, from now on, works as WAX’ COO.
Here are the top 10 cryptocurrencies on Twitter based on mentions:
Cryptocurrency symbol: BTC
Total mentions: 494 mentions on Twitter
Cryptocurrency symbol: ETH
Total mentions: 159 mentions on Twitter
Cryptocurrency symbol: SHIB
Total mentions: 138 mentions on Twitter
Cryptocurrency symbol: ADA
Total mentions: 87 mentions on Twitter
Cryptocurrency symbol: SOL
Total mentions: 67 mentions on Twitter
Cryptocurrency Symbol: DOGE
Total mentions: 60 mentions on Twitter
Cryptocurrency Symbol: USDT
Total mentions: 58 mentions on Twitter
Cryptocurrency symbol: LTC
Total mentions: 50 mentions on Twitter
Cryptocurrency Symbol: DGB
Total mentions: 47 mentions on Twitter
Cryptocurrency symbol: WAXP
Total mentions: 41 mentions on Twitter
—CoinTrendz.com (@CoinTrendz) February 21, 2022
Read also : Shiba Swap Takes Place as Top Dex by Social Signal: Uniswap V3 Falls to Second Place
How Cardano differs from Solana
So far, the ten cryptocurrencies above have been mentioned on Twitter several times over the past hour, with Cardano beating Solana. Although Solana previously dominated when it comes to layer 2 solutions, Cardano has slowly caught up with the launch of SundaeSwap.
According to an article by SilverZG, Cardano differs from Solana when it comes to network scaling. While Solana focuses on scaling before decentralization, Cardano, on the other hand, focuses more on decentralization and will scale later.
Related article: 555.55 Carat ‘Space Diamond’ Bought by HEX.com Founder for Over $4.2 Million in Crypto
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Written by Urian B.
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