From Bitcoin to Ethereum, the craze for cryptocurrencies is unmatched! Today, almost every cryptocurrency has a social existence and a digital community that fosters its growth as a project.
Not to forget, having a significant social media presence also adds to the project’s future and potential. However, the vast number of cryptos that flood the market today makes it challenging for investors to pick the best projects.
Interestingly, this is where platforms like AltIndex.com step in as a one-stop alternative data solution for scouting the hottest trending cryptos. The platform allows you to add relevant filters to get the most buzzing cryptos across social media platforms.
This blog lists some top-rated social media projects (across Instagram, Facebook, Twitter, and Reddit) highlighted by AltIndex’s detailed filters. Let’s have a look at these cryptos in the following sections.
Global Social Media Rank: #1 with over a billion mentions
The industry’s gold, Bitcoin, is topping our list of the hottest trending cryptos on social media. Created in 2009 by an anonymous identity under the pseudonym Satoshi Nakamoto, Bitcoin (BTC) owns its place as the first-ever introduced cryptocurrency. The token introduced us to the concepts of Blockchain and decentralization, which later reformed the world of digital assets.
Over the years, BTC has been an ardent performer in the crypto market, becoming the only token to have touched a price range of $60,000 when it reached its all-time high in 2021. Since then, Bitcoin has been the center of all news and highlights across different social media platforms, making it one of the most talked about cryptocurrencies in the industry.
Global Social Media Rank: #2 with over 900k searches
Ethereum is a crypto project that needs no introduction among enthusiasts. Often referred to as the industry’s silver, it’s a cryptocurrency and a Blockchain platform. Ethereum has established itself as the go-to option for developers to develop dApps, or decentralized apps. Smart contracts, dApps, and NFTs are some famous instances of the extended use of Ethereum networks.
Interestingly, the token has also experienced immense growth in terms of its market value. Between April 2016 and the beginning of March 2022, ETH boomed from a floor price of $11 to over $3,000, providing over 27,000% ROI to its investors. However, its significant ROI-bearing ability is hardly why ETH maintains a steady position across social media platforms. The project’s smart contracts and innovative approaches make it one of the most searched cryptos on the internet.
Global Social Media Rank: #3 with over 720k impressions
When talking about the hottest trending cryptos, you can’t possibly miss out on meme coins. The project’s ability to boom over a short period makes meme coins the center of attention for investors. Speaking of such options, the most popular of these is DigiToads. Initially introduced as a utility meme coin, DigiToads moves beyond cryptocurrency concepts. The project focuses on developing an ecosystem incorporating NFT staking, a web3 game platform, and a promise to donate 2.5% of its revenues to the environment.
One of the primary reasons why DigiToads has acquired the third position on our list with over 720k impressions is because of its ICO that went live recently. The ICO is built on combining P2E games with financial speculation to provide gamers with the option to win money while having fun. This unique ICO approach of the platform has made DigiToads one of the hottest crypto projects in the market today.
Global Social Media Rank: #4 with over 500k hits
The BTC20, or Bitcoin 2.0, is another potential project that is easily viral. The project’s name is enough to draw over 500k hits online, making it the fourth hottest crypto project on our list. Interestingly, there’s more to the project than just its name. The BTC20 project revolves around the concept of rolling back time to allow investors to reinvest in BTC before it becomes a mammoth project.
Although there are many striking parallels between the BTC20 concept and Bitcoin, the 2.0 version’s major highlight is it’s cleaner, greener operations. The BTC20 project revolves around the PoS concept, bridging the vast gap that BTC once had over ETH. Besides, BTC20 also uses the benefits of Bitcoin over Ethereum to improve the project’s functionality, making it a potential investment that could boom shortly.
Global Social Media Rank: #5 with over 200k tweets
The famous Shiba Inu project concludes our list of the hottest trending cryptos on social media. Shiba, known as SHIB, is a long-standing titan in the meme coin market. Much like Bitcoin, SHIB is considered the gold standard for the meme coin community.
Besides its popularity, SHIB is a potential investment as the project has a massive community that keeps it relevant. The token also gets most of its popularity due to Elon Musk, the richest man on earth, backing the crypto project.
This brings us to the end of our list of the hottest trending cryptos on social media at AltIndex.com. Every project on our blog is trending due to its unique appeal to investors.
However, we strongly suggest not using their popularity to measure their success. All the projects acquire their position due to social factors that could be both good and bad and could be easily influenced by third-party factors. Invest wisely!