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.
Recommended News :
disclaimer read moreCrypto News Land, also abbreviated as "CNL", is an independent media entity - we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.
