
{"id":22333,"date":"2024-11-21T11:27:18","date_gmt":"2024-11-21T11:27:18","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=22333"},"modified":"2024-11-21T11:27:18","modified_gmt":"2024-11-21T11:27:18","slug":"after-bitcoin-this-altcoin-could-pump-next-according-to-social-trends-santiment","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=22333","title":{"rendered":"After Bitcoin, This Altcoin Could Pump Next According to Social Trends: Santiment"},"content":{"rendered":"<p>Due to Bitcoin\u2019s persistent rally over the past week, the cryptocurrency\u2019s market cap is a few steps away from hitting $2 trillion, and social media is abuzz with excitement.<\/p>\n<p>A tweet by on-chain analytics platform Santiment<a href=\"https:\/\/x.com\/santimentfeed\/status\/1859324201338884231\" target=\"_blank\" rel=\"noopener\"> revealed<\/a> that social media is bustling with speculation on which cryptocurrencies may experience top isolated rallies in the coming weeks. As a result, a few crypto assets are trending, with users analyzing their possible upward trajectory as the bull cycle continues.<\/p>\n<h2>BTC Leads Social Media Trends<\/h2>\n<p>Bitcoin remains the number one trending crypto asset. The digital currency has been on a roll in the past 30 days, rallying over 44% from $67,400 to a current value of over $97,000. Although it consolidated between $89,000 and $91,000 earlier this week, the asset is up roughly 5% in the past 24 hours, recording a new all-time high above $97,800.<\/p>\n<p>Social media discussions about BTC revolve around its new all-time highs, the asset\u2019s investment potential, and the upward momentum generated by the excitement and optimism within the crypto sector that could see the coin <a href=\"https:\/\/cryptopotato.com\/bitcoin-nears-98000-just-2-away-from-six-figures\/\">crush<\/a> $100,000 soon.<\/p>\n<p>There is also a bearish sentiment stemming from concerns about market manipulation, skepticism, and caution about bitcoin\u2019s rally. Investors wonder when BTC will hit the top for this surge and retrace its steps.<\/p>\n<h2>The Correlation Between MSTR And BTC<\/h2>\n<p>Another cryptocurrency that has been making the rounds on social media is Litecoin (LTC), which has been classified as the silver to bitcoin\u2019s gold. BTC was created to serve as a store of value, but LTC was designed to be suitable for daily use, providing faster transactions and lower fees.<\/p>\n<p>According to Santiment, crypto users are talking about Litecoin\u2019s stability compared to bitcoin and <a href=\"https:\/\/cryptopotato.com\/these-litecoin-metrics-surge-to-monthly-peaks-as-ltc-price-rises-above-70\/\">speculating<\/a> on the cryptocurrency\u2019s future price prediction. The bullish sentiment is centered on the strong historical presence and potential growth of LTC, while bearish views revolve around concerns about the asset\u2019s long-term viability as a store of value due to a lack of unique features <a href=\"https:\/\/cryptopotato.com\/litecoins-2-6-year-hodl-time-ranks-second-only-to-bitcoin-beats-ethereum\/\">compared<\/a> to bitcoin. At the time of writing, LTC was worth $90, up 5% daily and 27% monthly.<\/p>\n<p>Meanwhile, the business intelligence firm MicroStrategy has also been trending on social media because of its adoption of BTC as a treasury reserve asset. MicroStrategy\u2019s relentless acquisition of BTC since 2020 has positively <a href=\"https:\/\/cryptopotato.com\/microstrategys-btc-fueled-trading-volume-surpasses-apple-amazon-meta-combined\/\">impacted<\/a> the value of the firm\u2019s stock, MSTR. Users are analyzing the correlation between MSTR performance and Bitcoin\u2019s price movements and believe the stock could see more gains as BTC continues to rise.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/after-bitcoin-this-altcoin-could-pump-next-according-to-social-trends-santiment\/\">After Bitcoin, This Altcoin Could Pump Next According to Social Trends: Santiment<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Due to Bitcoin\u2019s persistent rally over the past week, the cryptocurrency\u2019s market cap is a few steps away from hitting $2 trillion, and social media is abuzz with excitement. A tweet by on-chain analytics platform Santiment revealed that social media is bustling with speculation on which cryptocurrencies may experience top isolated rallies in the coming [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":22334,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-22333","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/22333"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22333"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/22333\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/22334"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22333"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22333"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22333"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}