Bitcoin lost its leading position on Twitter



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Bitcoin lost its leading position on Twitter

Social media plays a significant role not only in informing people, but also serves as a tool for some to gather signals that help their investment strategy. All information related to crypto is important for those who want to invest in cryptocurrencies because it gives them an additional indication of which currencies to pay attention to.

Binance (BNB)


In 2020, Binance (BNB) transformed its original BNB into a smart chain (BSC). The BNB is the fifth-largest cryptocurrency with a market capitalization of $ 51,313,911,286. According to current data available on CoinMarketCap, the BNB holds a price tag of $ 310.77 and has 8.9 million followers on Twitter.

Bitcoin (BTC)


Bitcoin is the king of cryptocurrency and has over 44% market share, but has currently lost almost half its volume since its record high, as a result of the fall of the entire market. Bitcoin is traded at a price of $ 29,013.33 with a market capitalization of $ 609,399,834,556.

BTC has 5.29 million followers on Twitter.

Dogecoin (DOGE)


DOGE, Elon Musk’s favorite meme coin, has adopted Tesla as a payment option for consumers to purchase their products. DOGE cryptocurrency is currently trading at $ 0.078 with a market capitalization of $ 10,321,536,286 and has 3.3 million followers on Twitter.

Shiba Inu (SHIB)


Shiba Inu is a DOGE killer, has 780,000 followers on Twitter. SHIB is currently trading at $ 0.00001089, with a market capitalization of $ 6,416,547,874.

Ethereum (ETH)


Ethereum is the second-largest cryptocurrency to lose 50% of its value currently trading at $ 1,836.08.

Ethereum Merge, formerly known as Ethereum 2.0 with a growing conflict with high-energy PoW mining, the PoS consensus will be launched in a few months. It has 2.5 million followers on Twitter.

XRP

XRP Ledger offers a wide range of payment-related applications, including micropayments, DeFi and, soon, NFT.

It is currently trading at $ 0.3883 with a market capitalization of $ 38,815,511,678 and has 322,000 followers on Twitter.

Cronos (CRO)


Cronos (CRO) is the original cryptocurrency of Cronos, the blockchain of the Crypto.com Proof of Exchange (PoA).

CRO is currently trading at $ 0.1736 with a market capitalization of $ 5,257,118.5128 and has 175,700 followers on Twitter.

Solana (SOL)


The innovative process known as Proof of History (PoH) is one of Solana’s most important improvements.

This idea allows for greater protocol scalability. SOL is currently trading at $ 44.19 with a market capitalization of $ 22,568,531,140 and has 1.8 million followers on Twitter.

Polygon (MATIC)


Polygon, formerly Matic Network, is the first well-structured, user-friendly platform for scaling and developing Ethereum infrastructure.

The Polygon SDK is its primary component, a modular, versatile framework for developing a variety of applications. He has 983,500 followers on Twitter.

Baby Dogecoin (BabyDoge)


BabyDoge is a meme coin and deflationary token inspired by Dogecoin.

The only advantage for his holders is that they get small rewards when they add extra tokens to their wallets. BabyDoge has 1.4 million followers on Twitter. Of course, the amount of hashtags and the number of followers on Twitter are not representative for determining the potential and value of a particular cryptocurrency, so this is not an investment recommendation but just an informative article.