These Are the 9 Altcoins on the Radar of Experienced Investors!

Social intelligence platform Lunar Crush has released a list of altcoin projects with the highest level of social engagement.
 These Are the 9 Altcoins on the Radar of Experienced Investors!
READING NOW These Are the 9 Altcoins on the Radar of Experienced Investors!

Social intelligence platform Lunar Crush has released its top 10 list of crypto assets with the highest level of social interaction. A familiar altcoin has managed to attract attention.

Shiba Inu community is among the 10 most active communities

The Shiba Inu community, also called the “ShibArmy,” has become one of the most vibrant communities in the crypto world, gaining a reputation for its strong social presence and resilience. Accordingly, the Shiba Inu has solidified its place among the top 10 beings with the most active communities based on social interactions, according to a recent report.

Lunar Crush, a leading social intelligence platform, recently released its top 10 list of assets with the highest levels of social interaction. According to the list, the Shiba Inu ranks seventh among these beings despite the marked decline in social activity. The crypto analytics firm’s list ranks after Bitcoin as follows: Ethereum (ETH), Uniswap (UNI), Solana (SOL), Binance Coin (BNB), Dogecoin (DOGE), Shiba Inu (SHIB), Polygon (MATIC), PancakeSwap (CAKE) and Cardano (ADA).

https://twitter.com/LunarCrush/status/1648421718934048768

Social metrics for altcoin look impressive

Data from the Lunar Crush platform shows that the Shiba Inu had a total of 123.58 million social interactions in the last 24 hours. Moreover, SHIB witnessed 33.8k social mentions during this time. As you follow on Kriptokoin.com, the buzz surrounding the successes and token burnings of the Shibarium beta network Puppynet contributed to these social mentions.

Last month, the Shiba Inu’s social metrics reveal an even more impressive feat as SHIB saw a massive 1.15 billion social interaction count. In terms of context, XRP and ADA have 570.92 million and 642.8 million social interactions in the same time frame. In addition, Shiba Inu’s social mention count rose to 321.6k last month.

Also, Shiba Inu currently ranks 64th out of a total of 4,359 tokens evaluated in the market in Lunar Crush’s AltRank. This puts SHIB in the top 1.47%. Shiba Inu also ranks 8th out of 4,359 tokens in terms of social score. AltRank is designed to provide a comprehensive, multidimensional view of an asset’s overall strength and impact within the broader cryptocurrency ecosystem.

Shiba Inu sees increased investor interest

According to experts, high social activity around an asset can cause an increase in investor interest, and the case of the Shiba Inu is no different. Shiba Inu has witnessed a marked increase in investor interest, as evidenced by the trading volume over the past week.

SHIB currently has a 24-hour trading volume of $202 million. The trading volume of the altcoin project has increased by up to 51.6% compared to seven days ago. The asset ranks 22nd out of 4,359 coins by trading volume. Meanwhile, its price continues to consolidate and is currently trading at $0.00001156. Meanwhile, the altcoin gained 6.87% in the past week.

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