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- Shiba Inu (SHIB) has emerged as the most trending coin of the day.
- Bitcoin is trading at the price of $20,567, which increased by 3.29%.
Here are the top 5 trending cryptocurrencies on Twitter. Let’s check out the trending reasons now.
Shiba Inu (SHIB)
Over the past few weeks, Shiba Inu has witnessed a dramatic increase in the value of the Shiba Inu (SHIB) token, a digital asset. A virtual reality project called the metaverse, powered by non-fungible tokens (NFTs) has just been released by the Shiba Inu development team. Users can use ETH or its equivalent value in SHIB tokens to buy virtual lands there.
Additionally, the soon-to-be-opened Shibarium is another eagerly awaited project within the Shiba Inu community. According to CoinMarketcap, Shiba Inu currently trades for $0.00001034 with a $375,286,731 hour trading volume. Also SHIB has increased by 2.82% during the past 24 hours.
Algorand (ALGO)
ALGO is the native cryptocurrency of the Algorand blockchain, which is a proof-of-stake blockchain for smart contracts. Algorand (ALGO) recently hired Matthew Commons as its first chief financial officer (CFO) to assist the company’s growth strategies. But this news had no impact on the Algorand (ALGO) currency, which trades for $0.1889, a 1.62% decrease over the last 24 hours.
Bitcoin (BTC)
Bitcoin (BTC), the world’s biggest cryptocurrency, founded in 2009 by an individual using the name Satoshi Nakamoto. The price of bitcoin is falling under $21K. According to reports, the collapse of Silvergate Capital, a significant lender to the cryptocurrency sector, has had a significant impact on BTC values. On Wednesday, Silvergate announced that it was closing its bank and reducing staff.
Bitcoin is trading at the price of $20,567.45 with a 24-hour trading volume of $39,567,951,903 as per CoinMarketCap.
CryptoGPT (GPT)
CryptoGPT is an Ethereum-based layer 2 blockchain solution that looks to revolutionize the AI and data markets. It is a Blockchain protocol aimes at the Artificial Intelligence revolution, and the CryptoGPT ecosystem establishes data as an emerging asset class to contribute to a trillion-dollar global data and AI economy.
CryptoGPT launched its native crypto token ‘GPT’ on Friday. Bitget, the world’s biggest cryptocurrency copy trading platform, confirmed the inclusion of CryptoGPT (GPT) in the spot market’s AI Zone. At the time of writing GPT is trading at $0.04943 with a 24-hour trading volume of $50,088,137. And also In the last 24 hours, GPT has increased by 29.60% as per CMC.
Hedera Hashgraph (HBAR)
HBAR is the native utility token of the Hedera network. Hedera is a decentralized hashgraph distributed ledger system. HBAR introduced in 2018 during its ICO. Hedera, the firm that created the distributed ledger Hedera Hashgraph, confirmed a smart contract exploit on the Hedera Mainnet that resulted in the theft of several liquidity pool tokens. Currently, Hedera Hashgraph (HBAR) is trading at $0.06085 with a 24-hour trading volume of $49,467,777.