- Six tokens are trending across crypto social media amid increased market activity and growing ecosystem developments.
- NFT, WHITE, and CRV gain traction as market participants discuss investment potentials, liquidity, and trends.
- Santiment notes that trends suggest growing market interest and position these tokens as a “focal point” in the crypto space.
On-chain data platform Santiment has identified six digital assets attracting the most attention from crypto traders, according to data obtained across X, Reddit, Telegram, 4Chan, BitcoinTalk, and Farcaster. In a recent report posted on X, the trending tokens across crypto social media are Solana (SOL), COTI (COTI), Walrus (WAL), APENFT (NFT), Whiterock (WHITE), and Curve Dao Token (CRV).
Solana, COTI, and Walrus Gain Momentum Amid Market Activity and Social Media Buzz
Solana’s hype is driven by its substantial liquidity and market capitalization which indicate high trading activity and ecosystem investments. It also reflects market participants’ growing interest in the platform’s projects. Several projects have launched the Solana blockchain in the past year, leveraging its scalability and cost-effectiveness. The platform reaffirmed its growing blockchain influence by unveiling a recent collaboration with American investment firm BlackRock. At the time of writing, SOL trades at $131 following a 4% rise over the past week.
COTI is riding the social media wave amid its ongoing airdrop event. During the campaign which started on March 25, 55M $COTI V2 tokens will be distributed among market participants. As a result of the airdrop campaign, COTI has witnessed growing community engagement, particularly in terms of user inquiries. New entrants are actively seeking answers on token supply and swapping, thus driving engagement across social media platforms. COTI is changing hands at $0.07560 after slipping over 5% in the past day.
Since its mainnet launch with Claynosaurz on 27 March, discussions around Walrus (WAL) have surged significantly online. Increased trading activities and promotional campaigns also fuel this attention surge. In the past 48 hours, news of WAL’s multiple exchange listings and trading pairs have flooded the internet. During this period, WAL surged 9.55% to $0.4832. Its trading volume also surged by 348.95% to $602.43M, indicating increased activity and interest.
APENFT, Whiterock (WHITE), and Curve DAO (CRV) Gain Momentum Amid Market Trends
Over the past 24 hours, APENFT has been mentioned in several crypto social media mentions following reports of investments by the project’s Key Opinion Leaders (KOLs). Multiple APENFT KOLs have allegedly invested in various NFT projects to capitalize on the current sector growth.
Market participants also initiated queries regarding the assets’ market capitalization and liquidity. Despite these online strides, APENFT still displays market volatility. Its current price is $0.0000004328, reflecting a 2.85% month-to-date rally and a 3.32% dip over the past week.
In light of the growing prominence of real-world assets (RWA), discussions around Whiterock’s integration and institutional interest have surfaced online. Market commentators discussed the platform’s potential to boost liquidity and attract partners. As a result, the term “WHITE” has become a familiar word in the crypto space. As expected, WHITE is trading high as its $0.0006026 price reflects gains across its 1-day, weekly, monthly, and yearly charts.
Meanwhile, Curve DAO Token recently witnessed a 58% rebound, sparking debates among crypto mutuals. Conversations centered around CRV’s recent price trend and related trading strategies. Traders also analyzed trading pairs and the asset’s potential deflationary behavior. As per Santiment, this sentiment suggests growing CRV token interest, positioning it as a “focal point” among market participants.
