These 10 Altcoins See a Spike in Social Media Conversations as the Market Plummets
According to Santiment's data, while cryptocurrencies are experiencing a decline, there is an increase in the mention rates of certain altcoins.
The cryptocurrency market experienced a sudden decline today, along with the decline in US markets following the formation of a new artificial intelligence giant in China.
On a day when almost the entire cryptocurrency market was painted red, crypto analysis company Santiment compiled the altcoins that have increased the most talk about rates on social media platforms in its latest assessment.
Here is the list of altcoins that have increased their talk rates the most on social media platforms, compiled by Santiment, and their mention rate increases:
- Clover Finance (CLV) – 1666%
- Oasys (OAS) – 1248%
- Bitmart (BMX) – 1184%
- VeThor Token (VTHO) – 980%
- Bitget Wallet Token (BWB) – 977
- Aergo (Aergo) – 890%
- Metacraft (MCT) – 816%
- Toshi (TOSHI) – 768%
- KuCoin Token (KCS) – 659%
- SwftCoin (SWFTC) – 596%
According to Santiment analysts, it may be possible that altcoins that have the highest rate of discussion during a market decline will show a quicker recovery behavior.
The largest of the assets on the list in terms of market value is KCS with a market value of $1.59 billion, followed by TOSHI with $507 million and VTHO with $426 million, respectively.
*This is not investment advice.
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.
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