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Top 3 Most Discussed Cryptocurrencies in the World

Simon Osuji by Simon Osuji
January 10, 2024
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Top 3 Most Discussed Cryptocurrencies in the World
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Bitcoin entered 2024 on the front foot as it climbed above the $45,000 mark in early January. The price rise comes after speculations that the U.S. Securities and Exchange Commission (SEC) will approve Bitcoin ETF this month. Bitcoin and other leading cryptocurrencies are riding the ETF approval wave sending prices to touch new weekly highs. Read here to know how many trillion dollars worth of asset management firms have applied to provide Bitcoin ETF services.

Also Read: BRICS: JP Morgan Issues Major Warning About US Economy

Now that the cryptocurrency community is eagerly awaiting the Bitcoin ETF, in this article, we will highlight the top 3 cryptocurrencies that were most talked about on X (formally Twitter) last month in December 2023.

Top 3 Most Talked About Cryptocurrencies In December 2023

cryptocurrencies
Source: Capital.com

Leading on-chain metrics and blockchain analytical firm ICO Analytics published a report on the most discussed cryptocurrencies of December 2023. According to the data, Bitcoin takes the lion’s share of the top most talked about cryptocurrency in the world. Bitcoin was the main topic of discussion last month taking 24% of the overall exchange of views on social media.

Also Read: BlackRock Lines up $2 Billion Capital for Bitcoin ETF, Sources Say

Ethereum took the second spot at 15% of all the discussions on X among the cryptocurrency community. ChainLink came third with 8.6% of all discussions on the X platform last month in December 2023.

Surprisingly, meme currency BONK came fourth dominating 7.5% of the overall discourse on social media. BONK is gaining attention for its sudden price runs making investors talk about the project on X. For the uninitiated, BONK is up 910% since the last 365 days, making an investment of $10,000 turn into $101,000. In the last 30 days alone, BONK skyrocketed 30% delivering stellar returns to investors.

Also Read: Planning To Buy Gold Next Month? Here’s February 2024 Price Prediction

Top 20 most discussed cryptocurrencies on Twitter (X) in December 2023. $BTC has reached 24% share of crypto mentions. Last time this level of BTC dominance was recorded during the third halving in spring 2020. TOP 150 coins by market cap were analyzed. pic.twitter.com/Drsn8rdtdQ

— ICO Analytics #StandWithUkraine 🇺🇦 (@ICO_Analytics) January 4, 2024

In addition, the leading altcoin, Ripple’s native token XRP stood in fifth place at 5.3%. XRP is never out of touch with the community as investors discuss its price prospects.

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