It is no secret that in the past couple of years, cryptocurrencies have grown to be a global sensation, although some have risen to prominence more than others. Social media plays a huge role in a coin’s popularity.
While a cryptocurrency’s potential and worth can’t be judged just by the number of hashtags it has or the number of its followers, it oftentimes help spread good news across social media, leading to more hype and possibly more palpable price surges.
Here, we’ll take a look at the most popular ones on Twitter (NYSE:TWTR), as measured by the number of followers their official accounts have and how many times their hashtags have been used.
1. Binance Coin (BNB)
Binance Coin (BNB) is the most popular crypto on Twitter at the moment with its exchange company having nearly 9 million followers.
BNB is the native currency of Binance’s own blockchain — Binance chain — and was originally built on the Ethereum network. Binance exchange, with a volume of $7.6 billion as of Q2 2022, is also the world’s biggest cryptocurrency exchange.
2. Bitcoin (BTC)
Bitcoin is second on the list with 5.31 million followers and over 2,000 tweets about it in the past hour. Bitcoin, which was first released in 2009, is the oldest and most valuable cryptocurrency in the world. Since then, it has become the world’s most popular cryptocurrency. Its success sparked the creation of a slew of other cryptocurrencies.
3. Dogecoin (DOGE)
Dogecoin has 3.40 million followers on Twitter. DOGE is an open-source, P2P cryptocurrency. It’s classified as an altcoin and the world’s most popular memecoin. The Shiba Inu dog serves as the emblem for Dogecoin, which was launched in December 2013. Dogecoin has a devoted following of fans who trade it and use it as a social media tipping money.
4. Shiba Inu (SHIB)
Shiba Inu’s official account has 3.38 million followers on Twitter. SHIB is an alternative cryptocurrency based on Ethereum that features the Shiba Inu, a Japanese hunting dog breed, as its mascot. Shiba Inu is commonly viewed as a substitute to Dogecoin; in fact, its supporters refer to it as “the Dogecoin killer.” SHIB is the second most popular memecoin in the world.
5. Ethereum (ETH)
Ethereum is followed by 2.59 million people on Twitter with 1,600+ tweets about it in the past hour. The blockchain technology that powers Ethereum enables the public creation and maintenance of secure digital ledgers. Bitcoin and Ethereum share numerous similarities, but have distinct long-term goals and constraints. Ether is the second-largest cryptocurrency in terms of market capitalization.
6. XRP
Ripple, the company that created XRP, has 2.51 million followers on Twitter. The XRP blockchain operates somewhat differently than most other cryptocurrencies. Some cryptocurrencies allow anyone who can quickly solve complex equations access to their transaction ledgers and verification processes. However, transactions are safe because the majority of ledger holders must approve the verification before they can be added.
7. Cronos (CRO)
Crypto.com, the exchange that developed Cronos (CRO), is the seventh most followed crypto account on Twitter with over 2.2 million followers. All of Crypto.com’s services are powered by CRO. Cronos Chain is also powered by CRO, allowing users to pay more online vendors with cryptocurrency than the current options.
8. Solana (SOL)
Solana’s Twitter account has 1.87 million followers.
SOL is the codename for Solana’s cryptocurrency. Using staking, Solana’s native and utility token can be exchanged for value as well as a means of protecting the blockchain. SOL was established in March 2020 and has since climbed on the list of top ten cryptocurrencies by market capitalization.
9. Polygon (MATIC)
Polygon is a cryptocurrency with the symbol MATIC and a platform for connecting and scaling blockchain networks. For the administration and security of the Polygon network as well as the payment of transaction fees, MATIC tokens are utilized. Polygon’s official Twitter account is followed by 1.52 million people.
10. Baby Dogecoin (BABYDOGE)
Baby Dogecoin is a cryptocurrency created by the Dogecoin online community. According to its official website, BABYDOGE seeks to impress its father, Dogecoin (DOGE), by demonstrating its newly enhanced transaction speeds and endearing nature. As a deflationary token, Baby Dogecoin is intended to become scarcer over time. Baby Dogecoin is widely loved by the crypto community and it has 1.43 million followers on Twitter.