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DOGE, SHIB Beat ADA, FLOKI In Terms of Social Sentiment Rise

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Sat, 15/04/2023 - 10:40
DOGE, SHIB Beat ADA, FLOKI In Terms of Social Sentiment Rise
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According to data shared by LunarCrush, Dogecoin and Shiba Inu have got on the top 10 list by the number of mentions in social media and got ahead of SHIB rival FLOKI and other popular altcoins.

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On the top 10 list, DOGE holds spot number four, SHIB follows in on the sixth position. Floki Inu (FLOKI) is on the eighth place. SOL holds the seventh spot and Cardano's native token ADA is the 10th here.

Ahead of Dogecoin there is Bitcoin, Uniswap and Ethereum. BNB and ARB are also on this list, in the second half of it.

On Monday, Bitcoin finally surged above the $30,000 level after the CPI data for March came out below the expectations of analysts. As the inflation, per this metric, has gone down a little, the flagship digital currency went up, breaking above $30,000 for the first time in the past 10 months.

Ethereum followed BTC and hit $2,000 at the end of the week after the long-anticipated upgrade Shapella was activated, and the PPI index also came out smaller than analysts had expected.

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Still, despite the price rise and the upgrade release, during the week, SHIB remained ahead of Ethereum on CoinMarketCap's list of trending cryptos. ETH still lags behind SHIB and DOGE at the time of this writing.

However, the FTT token sits ahead of SHIB on the fourth place in light of rumors that the FTX exchange plans a comeback to the crypto space.

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