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As you can follow from news, Blockchain technology is developing day by day and crypto adoption is increasing. This naturally occurs as more people become interested in and talk about the crypto market. Today, conversations, discussions, introductions, etc. Since many social activities take place on social media, altcoin projects also have social media accounts for interaction.
Top 10 altcoin projects in terms of number of followers on Twitter
Social media platforms, especially Twitter, have a special place for the crypto community. Watcher, which closely follows the developments in the crypto market. Guru lists the most followed projects on social media. Binance Coin (BNB) ranks first with 5.9 million followers on Twitter, followed by the leading crypto Bitcoin (BTC) with 3.7 million followers.
In the most talked about meme coin projects of recent times, Dogecoin (DOGE) is in the 3rd place with 2.4 million, while Shiba Inu (SHIB) is in the 5th place with 1.9 million. Between the two is Ripple (XRP) with 2.2 million followers. Leading altcoin Ethereum (ETH) is in 6th place with 1.8 million. There is a remarkable altcoin project on the list; SafeMoon (SAFEMOON), which ranks 207th in terms of market capitalization, ranks 7th with 1.2 million followers. Cardano (ADA), Solana (SOL) and Polkadot (DOT), which are seen as competitors of the leading altcoin Ethereum and also called “Ethereum Killer”, are listed below the list with 1 million, 933 thousand and 882 thousand, respectively.
Altcoin project SafeMoon, which is well-known on social media than its peers, is a cryptocurrency created in March 2021 on the Binance Smart Chain Blockchain, existing only online and intended to be used as a medium of exchange.
However, it is not surprising that there are 2 meme coin projects on the list. Because, meme money gets its power mostly from social media. We know this closely from Elon Mask’s tweets. Projects that make their name stand out with the posts made by the dog-themed meme community can increase their value significantly. For this reason, the social media strategies of cryptocurrency creators are among the main targets of the projects.