thenewscrypto.com
- 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.