If your fingers are itching from typing and your keyboards are glowing, chances are Elon Musk has tweeted something about Dogecoin (DOGE) again.
Twitter, in particular, has now become something of a clubhouse for crypto enthusiasts. But not only the controversial dog token triggers discussions on social networks.
ICO Analytics data auditors conducted a analysis of the most mentioned cryptocurrencies in June 2022 on the microblogging platform. The analytics company examined mentions of the 150 largest cryptocurrencies by market cap. These are the results.
Top 3 cryptocurrencies on Twitter
1. Sunshine (SUN)
“Ethereum killer” Solana (SOL) can also boast a cluster of headlines in June and is said to have accounted for 35 percent of mentions. The month started off rocky as the blockchain experienced its fifth network outage of the year.
However, things continued to be bumpy for Altcoin. A Solana whale threatened to endanger the entire network by paying off its debt; read more here.
Solana saw the light at the end of the tunnel with the announcement of the first crypto phone. Smartphone Saga aims to allow users to manage cryptocurrencies and NFTs on their mobile phones. However, community reaction was mixed.
2. Ethereum (ETH)
With “The Merge” the crypto event of the year takes place on the Ethereum network. Converting the consensus mechanism from Proof-of-Work to Proof-of-Stake is not only a novelty in the crypto space, but also carries great risks.
Not surprisingly, news of the change is also heating up tempers on Twitter. The test run for PoS on the oldest Ethereum testnet called Ropsten started at the beginning of the month.
The DeFi leader still had a small hurdle to face: the difficulty bomb had to be postponed. He ensures that the difficulty in PoW skyrockets and ultimately makes it nearly impossible to find a valid block.
So it’s no surprise that people on Twitter are tweeting about Ethereum like crazy.
3. Bitcoin (BTC)
Of course, the mother of all cryptocurrencies should not be missing from the ranking either. While Bitcoin searches hit a yearly high in June, BTC price also took a few hits, falling below the psychologically important $20,000 mark.
However, that could have been a reason for one or another major investor to pocket a particularly large amount of Satoshis. In any case, the usual suspects El Salvador and MicroStrategy brazenly grabbed him as usual.
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