Top 5 trending cryptocurrencies are BTC, DOGE, SHIB, FLOKI, and CRO.
Following Elon Musk’s tweet, FLOKI soared over 67% in a day.
The crypto market seems to recover since the start of 2023. Also, the global cryptocurrency market cap has surged over 8.5% to $1.17 trillion in the last 24 hours. And some significant cryptocurrencies have constantly appeared in the top trending list due to their popularity and strong network credibility.
Let’s take a look at the top 5 trending cryptocurrencies in the ‘bull market’ based on Twitter.
Bitcoin (BTC)
Without any doubt Bitcoin (BTC) always took first place on the hot and trending list. However, following the launch of the Non-Fungible Tokens (NFTs) Ordinals protocol in January 2023, Bitcoin’s average block size reached an all-time high of 2.5 megabytes (MB) on February 15. Today BTC price soared over 11.5% and traded at $24,576 with a market dominance of 41%.
Dogecoin (DOGE)
Yesterday, Elon Musk’s series of tweets that featured Shiba Inu dog as the “New CEO of Twitter” prompted all the meme coins. As Musk’s favorite crypto coin Dogecoin (DOGE) price soared around 5.9 % from $0.081848 to $0.086956 between before and after Musk’s tweet. At the time of writing DOGE traded at $0.089229 with a market cap of $12 billion, which increased approximately 4% in a day.
Shiba Inu (SHIB)
Dogecoin revival Shiba Inu (SHIB) buzzed social media with its new layer-2 blockchain “Shibarium” launch. Further, Shiba Inu’s lead developer Shytoshi Kusama left the ‘SHIB Army’ with a new hint about the L2 solution launch date. Also, the original Twitter CEO Elon Musk’s tweet boosted SHIB’s price. At the time of writing, Shiba Inu traded at $0.00001379, surged 6.3% in a day, and has a 24-hour trading volume of $538 million, which rose 35%.
Floki (FLOKI)
The prominent memecoin Floki (FLOKI) climbed over 67% from the previous day. FLOKI’s price was influenced by Elon Musk’s dog “FLOKI” photo tweet, which has the same name. According to CoinGecko, the dog-themed cryptocurrency price surged over 72% in a week and 410% in the last 30 days. Also, many crypto investors showed interest in the coin and it has a 24-hour trading volume of $148 million, soaring over 160%.
Cronos (CRO)
Finally, Crypto.com-developed cryptocurrency Cronos (CRO) is listed in the trending coins. At the time of writing, CRO traded at $0.080968, which increased around 7.3% from the previous day. Also, Cronos 24 hours trading volume peaks over 53% to $28 million.