Santiment Identifies BTC, ETH, DOGE, USDT, and EGLD as Trending Coins
Crypto analytics platform Santiment reported key trends in online discussions for several cryptocurrencies this week:
- BTC dominated discussions as users debated its status as “digital gold,” long-term investment potential, and increased government and institutional involvement.
- ETH was frequently mentioned in promotional content for new tokens, indicating its ongoing relevance in product presentations.
- DOGE gained attention due to plans for the first U.S.-listed Dogecoin ETF and Thumzup's expansion of its mining operations.
- USDT attracted interest with its strategy to invest more in the gold supply chain, with executives referring to gold as “natural bitcoin.”
- EGLD discussions included concerns about supply dilution and potential project migrations to other chains like Sui, alongside ongoing developments in xPortal and xMoney.
Santiment tracks market sentiment and on-chain data across thousands of crypto assets, providing insights into which projects are actively discussed among traders and investors.