The most popular cryptocurrency on social media
The most popular cryptocurrency on social media
Crypto

The most popular cryptocurrency on social media

By Marco Cavicchioli - 5 Oct 2020

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LunarCRASH publishes the ranking of cryptocurrencies with greater activity on social media. 

The ranking concerns both the total volume of posts on social networks that refer to individual cryptocurrencies and the total engagement generated. 

It also monitors other parameters such as number of shared links, number of active users, sentiment, and spam volume.

The result is a ranking that is updated in real time, but the most significant results are then posted on the official Twitter profile

For example, today the cryptocurrency of the day is XRP, while Chiliz and Frontier are recording very significant increases compared to yesterday: for example, the volume on social networks related to Chiliz increased by 4,018.9% in one day, while that of Frontier by 859.5%. 

As far as the weekly volume is concerned, MANTRA DAO should be noted, with +37.39% of posts on social networks, +31.05% of engagement and +30.00% of average active users per hour. 

Instead for the monthly volume we have Polkadot, with 82,137 mentions, 120,020,879 engagement actions, 1,542 average active users per day, and 65% of bullish posts. 

For the cryptocurrency of the day, XRP, there are 3,017 social posts, 5,896,381 engagement actions and 124 average active users per hour. 

Two other mentions go to the cryptocurrencies that obtained the best score in the so-called Galaxy Score™ and the AltRank™ of LunarCRASH. 

The highest Galaxy Score™ was registered by VeChain, with a 77/100 that would indicate bullish activity on socials and markets. 

In particular, it recorded a very high Price Score of 4.7 out of 5 and an excellent Social Impact of 3.9 out of 5. Social Sentiment was 3.6/5 and Correlation Rank was 3.2/5. 

As for the AltRank™ they report Zilliqa (ZIL), ahead of XRP, Bancor (BNT), Nem (XEM) and Cardano (ADA). 

Zilliqa is also dominating the social dominance ranking of cryptocurrency with market volume below $100 million, ahead of DigiByte and Chiliz. 

These classifications, that do not concern only the prices and the market volumes, reveal a cryptocurrency world on the social much more faceted than what could be expected, if only the two most common parameters were taken in consideration, that is for the variation of the price and capitalization of the market. The projects able to generate engagement and positive sentiment on social networks are many, and are not always the most known, or with higher market cap. 

Marco Cavicchioli

Born in 1975, Marco has been the first to talk about Bitcoin on YouTube in Italy. He founded ilBitcoin.news and the Facebook group" Bitcoin Italia (open and without scam) ".

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