The crypto market has become popular and mainstream over the past years. Thus, Twitter has become one of the best places to gather information about altcoin projects. Investors and analysts now tweet regular updates about the coins they trade and the moves they make. Crypto statistics platform Watcher Guru recently shared a ranking of the top altcoins on Twitter. These Twitter followers’ favorite cryptocurrencies are the assets with the biggest followings.
9 altcoins that gained a following in the crypto community
cryptocoin.com In this article, we will explore the altcoin projects that have exploded on Twitter. Let’s see together.
Binance Coin (BNB): 9.16 million followers
According to Watcher Guru, BNB is the most used cryptocurrency by Twitter followers. Binance Coin is the native token of Binance, the largest crypto exchange in the market based on trading volumes. The altcoin has grown in line with Binance. Additionally, currently, it remains one of the most desirable cryptocurrencies in the market. Currently trading at $224, BNB has dropped just 0.1% in the past week. Still, investors can buy Binance Coins as Binance continues to expand. The exchange was recently licensed in Spain. Accordingly, he will try to conquer the European country, as well as conquer dozens of local markets.
Dogecoin (DOGE): 3.43 million followers
Dogecoin is among the most used altcoin projects by Twitter followers. The asset currently holds the title of leading meme coin project. DOGE’s popularity became particularly evident after a massive social media attack last year. DOGE, traded at $0.061, fell 7.57% last week. However, The Boring Company accepted DOGE as the payment method for Las Vegas-based cruises. It is also worth noting that Tesla CEO Elon Musk unconditionally supports DOGE.
Shiba Inu (SHIB): 3.41 million followers
Like Dogecoin, the Shiba Inu has grown significantly as a viable altcoin asset. The cryptocurrency, which is called the “Dogecoin killer”, also has a large social media community. The current price of SHIB stands at $0.00001035. Accordingly, it has experienced an increase of 2.45% since last week. But there isn’t much in terms of fundamentals for SHIB at the moment. However, the asset has high viability, especially among the social media community, which appreciates the price increase trend.
Ethereum (ETH): 2.67 million followers
Ethereum is the largest altcoin project on the market. With nearly 3 million followers, it is also among the most watched cryptos on Twitter. ETH, traded at $1,071, fell 1.71% last week. However, big-cap cryptocurrencies tend to see gains early on. ETH is exactly such an asset. The continued transition of the Ethereum network to Proof-of-Stake (PoS) is also a big bullish sign. Last week, the Sepolia testnet was successfully deployed. Thus, Ethereum is one step closer to the full PoS state. It is possible that this indicates more gains, especially in the long run.
Ripple (XRP): 2.54 million followers
XRP is currently the crypto market’s standard altcoin asset for cross-border payments. Cryptocurrency developer Ripple has formed different partnerships as it continues to build its profiles in the financial world. Trading at $0.31, XRP is currently down 3.1% over the past week. However, it is possible that Ripple’s continued move into the NFT area will push the price higher. Just this week, Ripple partnered to bring NFTs printed in XRP Ledger to CrossTower’s NFT market. Increased reach will further assist XRPL-printed NFTs. This is a boon for XRP in the long run.
Cronos (CRO): 2.37 million followers
Cronos is the native token of Crypto.com, one of the largest crypto exchanges in the world. Taking advantage of the success and growing popularity of Crypto.com, the altcoin has also seen an increase in its follower count. At the time of writing, CRO is trading at $0.11, down 1% on the weekly chart. A few weeks ago, the exchange announced that it would enter Singapore, one of the world’s largest digital asset markets. If this happens, the CRO price is likely to increase.
Solana (LEFT): 1.93 million followers
Solana’s SOL token is another altcoin that is ranked among the top cryptocurrencies by Twitter followers. The digital asset remains a desirable cryptocurrency to buy. At its current price of $34.06, SOL is up 1.97% last week. Its developers have now turned to the mobile space. Weeks ago they released Solana Saga, an Android device with multiple Web3 functions, including the ability to print and sell NFTs. It’s possible that many investors are focusing on SOL as Solana Labs tries to outrun companies like Apple.
Polygon (MATIC): 1.56 million followers
Polygon is arguably the most popular layer-2 Blockchain solution on the market. The tool allows developers to access Ethereum bypassing scalability issues. Polygon’s altcoin asset MATIC is currently trading at $0.58. Cryptocurrency has increased by 16% in the past week. Thus making it one of the best performing cryptocurrencies. Ryan Wyatt, CEO of Polygon Studios, recently announced that they are joining several projects that were affected after Terra’s ecosystem collapsed. This means that many new developers will use Polygon. For long-term investors, MATIC can be a particularly attractive asset.
Baby Doge Coin (BABYDOGE): 1.49 million followers
The latest altcoin to complete our list of top cryptocurrencies by Twitter followers is BABYDOGE. The cryptocurrency has seen significant growth on social media thanks to the hype surrounding meme coins. With its current price of 0.00000000012, BABYDOGE is down 20% last week. Despite the drop, investors looking to buy Baby Dogecoin are encouraged by the asset’s tokenomics and recent burning milestones. Just two weeks ago, the community’s desire to see the asset become more deflationary became dominant. Thus, it has been confirmed that 2 trillion BABYDOGE tokens have been burned.
