Watcher.Guru, a popular social media account, posted a list of the 10 most popular cryptocurrencies on Twitter.
The list is based on the number of global followers each crypto has on the popular social media platform, Twitter. Of interest, Binance Coin (BNB) topped the list with over 6 million followers, outstripping its closest competitor, Bitcoin, by almost 3 million.
Although Bitcoin ranks second on Twitter, it still remains the top-ranking cryptocurrency by market share with a current market dominance of 39.66 based on CoinGecko statistics. Bitcoin also set a new all-time price high of $69,044.77 on November 10, 2021.
At the time of writing, BNB is the third ranking crypto by marketing cap according to CoinMarketCap. The altcoin surged about 15% in the last week and is currently trading at $590.25.
Notably, the SHIB Army responded enthusiastically at the news that Shiba Inu ranked 5th on the popularity list. Earlier this month (November), SHIB flipped popular meme coin rival Dogecoin to rank 11th based on market cap.
Coincidentally, Dogecoin also made it onto the list at number 3 with 2.5 million followers. Fans of the top meme crypto include Elon Musk, Snoop Dogg and other celebrities. Trading platform eToro even credited Dogecoin fans as the reason behind the listing of the meme crypto.
Surprisingly, top altcoin Ethereum only ranked 6th with 1.8 million followers. Ethereum has been losing popularity due to its high fuel prices, slow transaction speed and scaling limitations. These network challenges fueled the rise of alternative smart contract platforms like Binance Smart Chain, Polkadot, Solana, and Cardano.
While Cardano is yet to deploy its smart contract capability, the popular blockchain is already offering many functions which boost Cardano’ ADA to number 9 on the Watcher.Guru Twitter popularity list.
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