Since the crypto market went mainstream, Twitter has become a great place to get information about cryptocurrencies. Traders and analysts share regular updates on the coins they are trading and the decisions they are making. The crypto stats platform Watcher Guru recently released a ranking of the top cryptocurrencies on Twitter. These top cryptos by Twitter followers are the ones that have gained the largest followings.
This article will explore these assets and examine if they are worth buying.
1. Binance Coin (BNB) – 9.16 Million Followers
According to Watcher Gugu, the leading cryptocurrency by Twitter followers is BNB. Binance Coin is the main token for Binance, which is the biggest cryptocurrency exchange by trading volume. BNB has increased in value along with Binance, and it continues to be one of the most sought-after coins in the market.
Currently trading at $224, BNB is down by just 0.1% in the past week. Still, investors can buy Binance Coin as Binance continues to expand. After recently securing licensing in Spain, Binance will be looking to conquer the European country just as it has conquered dozens of local markets worldwide.
Cryptoassets are a highly volatile unregulated investment product.
2. Bitcoin (BTC) – 5.38 Million Followers
Next on our list of the top crypto by Twitter followers is Bitcoin. BTC is the most valuable cryptocurrency on the planet, by a mile.
Bitcoin currently trades at $19,902. This is a jump of 2.32% in the past week. We believe that investors can buy Bitcoin because of its position in the market. When things flip bullish, Bitcoin is usually the first beneficiary.
At the same time, increasing inflation in the United States makes Bitcoin a good safe-haven asset for investors.
Cryptoassets are a highly volatile unregulated investment product.
3. Dogecoin (DOGE) – 3.43 Million Followers
Another addition among the top crypto by Twitter followers is Dogecoin. The asset is the leading meme coin. DOGE’s popularity became especially prominent after a massive social media blitz that happened last year.
Trading at $0.061, DOGE is currently down by 7.57% in the past week. Regardless of the downturn, this could be a good time to buy Dogecoin as it was recently accepted for payments by The Boring Company for rides at the company’s Las Vegas-based loop.
Supporting Doge wherever possible
— Elon Musk (@elonmusk) July 6, 2022
DOGE’s increasing attraction as a payment method foreshadows increased adoption on the way, making it a very attractive investment now.
Cryptoassets are a highly volatile unregulated investment product.
4. Shiba Inu (SHIB) – 3.41 Million Followers
Like Dogecoin, Shiba Inu has also grown significantly as a suitable investment asset. The coin, which looks to be the “Dogecoin killer”, has also enjoyed a massive social media blitz.
SHIB’s current price stands at $0.00001035 – a jump of 2.45% in the past week.
There’s not much in terms of fundamentals for SHIB now, but investors can buy Shiba Inu. The asset has proven to be very viable, especially among social media savvy traders who appreciate its propensity for price gains.
Cryptoassets are a highly volatile unregulated investment product.
5. Ethereum (ETH) – 2.67 Million Followers
Ethereum is the largest altcoin in the market. With a following of almost 3 million people, it is also among the top crypto by Twitter followers.
Trading at $1,071, ETH is down by 1,71% in the past week. However, just like Bitcoin, investors can buy Ethereum because of its position in the market. Large-cap coins tend to see gains early on, and ETH is no different.
The Ethereum blockchain’s continued transition to proof-of-stake (PoS) is also a major bullish sign. Last week, the Sepolia testnet was successfully deployed, bringing the Ethereum blockchain one step closer to full PoS status.
Thanks to everyone who watched the Sepolia merge livestream!!
The Sepolia merge transition went through successfully (and the chain finalized!) so now it's time for monitoring over the next few days.
Then we merge Goerli…
…then mainnet
The Merge is coming
— sassal.eth (@sassal0x) July 6, 2022
This indicates more gains on the way for the coin – especially in the long term.
Cryptoassets are a highly volatile unregulated investment product.
6. Ripple (XRP) – 2.54 Million Followers
XRP is currently the crypto market’s standard for cross-border payments. The coin’s developer, Ripple Labs, has formed different partnerships as they continue to build their profile in the finance world.
Trading at $0.31, XRP is currently down by 3.1% in the past week. Should investors buy XRP? Consider Ripple’s continued move into the non-fungible token (NFT) space.
Just this week, Ripple partnered with crypto exchange CrossTower to bring NFTs minted on the XRP Ledger to CrossTower’s NFT marketplace. Increased exposure should help XRPL-minted NFTs even more – a boon for XRP in the long run.
Cryptoassets are a highly volatile unregulated investment product.
7. Cronos (CRO) – 2.37 Million Followers
Cronos is the native token for Crypto.com – one of the largest crypto exchanges in the world. Riding on Crypto.com’s successes and increased popularity, CRO has also seen a surge in its following.
At press time, CRO trades at $0.11 – a drop of 1% in the past week. And as Crypto.com continues to grow, we believe that investors can easily buy Cronos for more gains down the line. Just weeks ago, the exchange announced that it had gotten the green light to operate in Singapore – one of the world’s biggest digital assets markets.
Cryptoassets are a highly volatile unregulated investment product.
8. Solana (SOL) – 1.93 Million Followers
Solana’s SOL token is another coin among the top crypto by Twitter followers. The digital asset remains a desirable coin to buy.
With a current price of $34.06, SOL is up by 1.97% in the past week. We believe that investors can buy SOL because its developers are currently moving into the mobile space. Weeks ago, they unveiled the Solana Saga – an Android device with multiple Web3 functionalities, including the ability to mint and sell NFTs.
As Solana Labs looks to overtake companies like Apple, several investors will focus on SOL.
Cryptoassets are a highly volatile unregulated investment product.
9. Polygon (MATIC) – 1.56 Million Followers
Polygon is arguably the most popular layer-two blockchain solution in the market. The tool allows developers to enjoy access to the Ethereum blockchain while bypassing its scalability issues.
MATIC, Polygon’s native token, currently trades at $0.58. The coin is up by 16% in the past week, making it one of the best-performing large-cap coins.
Still, things could get even better. Polygon Studios CEO Ryan Wyatt recently announced that they were helping to onboard several projects that were affected following the crash of Terra’s ecosystem. This means that a lot of new developers will be using Polygon, and there will be more reasons to buy MATIC in the future. For long-term investors, this is an especially attractive asset.
Cryptoassets are a highly volatile unregulated investment product.
10. Baby Dogecoin (BABYDOGE) – 1.49 Million Followers
Rounding out our list of the top crypto by Twitter followers is BABYDOGE – another meme coin that has seen substantial growth on social media thanks to the frenzy surrounding meme coins.
With a current price of $0.0000000012, BABYDOGE is down by 20% in the past week. Despite the drop, investors looking to buy Baby Dogecoin will be encouraged by the asset’s tokenomics and recent milestones with burning. Just two weeks ago, 2 trillion BABYDOGE tokens were confirmed to have been burned, in line with the community’s desire to see the asset become more deflationary.
876,668,446,039 (~$1,455) #BABYDOGE tokens burned from the total supply in the past hour. #BabyDogeCoin #BabyDogeArmy
— Burn BabyDoge (@babydogeburn_) June 25, 2022
Cryptoassets are a highly volatile unregulated investment product.
Conclusion – Top 10 Crypto by Twitter Followers – Should You Buy Any of Them?
Presently, the crypto market offers several coins vying for investors’ attention. These trending coins on Twitter make for good investments. Market participants can also look out for the IBAT presale.
IBAT is the native token for Battle Infinity – a new global gaming platform bringing blockchain technology and the metaverse to the fantasy sports space. With so many fledgling concepts rolled into one, IBAT has the potential to become the next big thing in crypto. Investors can check out the presale here.
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