🚀 ProPicks AI Hits +34.9% Return!Read Now

Top 10 Cryptocurrencies In The World By Twitter Followers

Published 08/06/2022, 18:04
Updated 08/06/2022, 18:41
© Reuters.  Top 10 Cryptocurrencies In The World By Twitter Followers
TWTR
-
BNBR3
-
TWTR34
-
BLKCF
-
DOGE/USD
-
XRP/USD
-
DOGE/USD
-
DOGE/EUR
-

Cryptocurrency has taken the world by storm. What was once a murky and confusing arena to engage in has now grown to a $1.24 trillion industry, home to a host of alternative investments such as NFTs, which utilize various cryptocurrencies as the purchasing instrument to acquire digital assets such as art and music.

For comparison, Amazon.com, Inc. (NASDAQ: NASDAQ:AMZN) has a total market cap of $1.25 trillion, just a hair above the total market cap of cryptocurrency.

Around 19,700 coins exist under the umbrella of the crypto market. Some of the most valuable coins have a community of followers on Twitter Inc (NYSE: NYSE:TWTR), known as Crypto Twitter (CT), a group comprised of speculators and investors.

Of the millions of participants of CT, most follow the accounts of the coins with massive value; here’s the list of the top 10 cryptos by Twitter followers,

10. Baby Doge Coin (CRYPTO: BABYDOGE)

Twitter followers: 1.4 million

Market cap: $253 million

52-week range: $0 / $0.00000002

According to its website, Baby Doge is a deflationary token designed to become more scarce over time.

9. Polygon - Matic (CRYPTO: MATIC)

Twitter followers: 1.5 million

Market cap: $4.9 billion

52-week range: $0.5084 / $2.92

Matic Network strives to solve the scalability and usability issues, while not compromising on decentralization and leveraging the existing developer community and ecosystem. It is an ​off/side chain scaling solution for existing platforms to provide scalability and superior user experience to DApps/user functionalities, according to its whitepaper.

8. Solana (CRYPTO: SOL)

Twitter followers: 1.8 million

Market cap: $13.6 billion

52-week range: $20.38 / $260.06

According to its website, Solana is a decentralized blockchain built to enable scalable, user-friendly apps for the world.

7. Crypto.com - Cronos token (CRYPTO: CRO)

Twitter followers: 2.2 million

Market cap: $4.5 billion

52-week range: $0.08104 / $0.9698

Crypto.com is a cryptocurrency exchange company with its own coin Cronos, which has just over 178,000 Twitter followers.

6. Ripple - XRP token (CRYPTO: XRP)

Twitter followers: 2.5 million

Market cap: $19.4 billion

52-week range: $0.345 / $1.41

Its website reads, “Through blockchain technology, Ripple enables global financial institutions, businesses, governments, and developers to move, manage and tokenize value.” XRP is its token, which has just over 325,000 Twitter followers.

5. Ethereum (CRYPTO: ETH)

Twitter followers: 2.5 million

Market cap: $219.9 billion

52-week range: $1,707.60 / $4,891.70

Ethereum is the community-run technology powering the cryptocurrency ether and thousands of decentralized applications.

4. Shiba Inu (CRYPTO: SHIB)

Twitter followers: 3.3 million

Market cap: $5.8 billion

52-week range: $0.00000516 / $0.00008845

Shiba Inu Coin is a decentralized, community-building cryptocurrency that is “an experiment” developed within the Shiba Inu ecosystem.

3. Dogecoin (CRYPTO: DOGE)

Twitter followers: 3.4 million

Market cap: $10.6 billion

52-week range: $0.07004 / $0.3538

According to its website, Dogecoin is an open-source peer-to-peer digital currency.

Related: How To Buy Dogecoin

2. Bitcoin (CRYPTO: BTC)

Twitter followers: 5.3 million

Market cap: $580.3 billion

52-week range: $26,350.49 / $68,789.63

Bitcoin was created to remove third-party intermediaries that are usually required to conduct monetary transfers, aka banks.

1. Binance - BNB token (CRYPTO: BNB)

Twitter followers: 9 million

Market cap: $47.8 billion

52-week range: $216.36 / $669.35

Binance is the world’s leading blockchain ecosystem and digital asset exchange. The BNB token has 2.3 million Twitter followers.

Photo by Kanchanara on Unsplash

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read at Benzinga

Read the original article on Benzinga

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.