Bitcoin
BTC$67 879.29

2.42%

Ethereum
ETH$3 260.40

2.36%

Tether
USDT$1.000085

0.02%

Solana
SOL$182.85

6.00%

Binance Coin
BNB$581.08

1.82%

USD Coin
USDC$1.000019

0.01%

DOGE nips at the heels of Bitcoin on Reddit


01 Apr 2021

#Dogecoin

Dogecoin was the third-most active crypto group on Reddit behind CryptoCurrency and Bitcoin this week. Despite Dogecoin under-performing this past week when compared to other leading crypto assets, DOGE’s community has been among the most active on Reddit.

According to data compiled by Skew and tweeted by Messari researcher Mira Christanto, r/dogecoin has been the third-most active crypto group on Reddit this week, with 33,822 new comments posted in seven days.

Dogecoin is the second-most active group coalescing around a single crypto asset, ranking behind r/Bitcoin’s 48,757 comments last week. Unsurprisingly, the wide-ranging CryptoCurrency attracted the most engagement of any crypto group on Reddit, with nearly 219,000 comments posted this past week. After DOGE, Cardano was the next-most active with 15,735 comments, followed by Bitcoin Cash with 9,356. However, between them the subreddits r/EthTrader and r/ethereum represented nearly 10,200 comments combined.

Despite surging social activity surrounding DOGE, Dogecoin network usage is down compared to Bitcoin. It processed nearly 49,000 transactions over the past 24 hours, while Bitcoin processed 344,000 and Ethereum executed 1.37 million.

In price terms DOGE has under performed each of the 16 non-stablecoin assets ranked above it by market cap over the past seven days, gaining just 6% while most top assets have gained between 10% and 25%. Social sentiment can be an inconsistent indicator of market action, with crypto data aggregator Santiment reporting that Etherum sentiment on Twitter had dropped to its lowest level for 2021 as Ether reclaimed the $1,800 range on March 31. 

Santiment noted the crypto crowd was “in disbelief” regarding Ether’s gains, asserting the “extreme level of crowd skepticism is historically bullish for crypto.” Ether has since rallied into the mid $1,900 range and is currently trading within 5% of its all-time highs.


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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 75.2% 54 $67 879.29 2.42% 2.02% $1 339 364 524 818 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 74% 47 $3 260.40 2.36% -6.61% $391 991 973 567 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 91.6% 1 $1.000085 0.02% -0.06% $114 338 977 718 USDT 7 days price change
4 Solana (SOL) SOL Solana predictions 68.4% 71 $182.85 6.00% 7.94% $84 952 035 310 SOL 7 days price change
5 Binance Coin (BNB) BNB Binance Coin predictions 78% 41 $581.08 1.82% -2.13% $84 795 365 637 BNB 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 94% 1 $1.000019 0.01% -0.01% $34 125 999 215 USDC 7 days price change
7 XRP (XRP) XRP XRP predictions 58% 86 $0.598773 -1.11% 3.01% $33 507 831 491 XRP 7 days price change
8 Dogecoin (DOGE) DOGE Dogecoin predictions 71.2% 55 $0.134695 7.98% 7.45% $19 568 487 165 DOGE 7 days price change
9 Toncoin (TON) TON Toncoin predictions 82% 30 $6.72 1.60% -7.98% $16 907 584 322 TON 7 days price change
10 Cardano (ADA) ADA Cardano predictions 76.8% 49 $0.417747 5.85% -4.85% $14 998 156 955 ADA 7 days price change
11 TRON (TRX) TRX TRON predictions 86.4% 18 $0.137499 1.34% 2.07% $11 970 793 016 TRX 7 days price change
12 Avalanche (AVAX) AVAX Avalanche predictions 75.6% 40 $28.58 4.89% 1.67% $11 285 074 208 AVAX 7 days price change
13 Lido stETH (STETH) STETH Lido stETH predictions 92.8% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
14 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 93.2% 1 $0.116354 -0.46% 0.23% $10 171 995 609 WTRX 7 days price change
15 SHIBA INU (SHIB) SHIB SHIBA INU predictions 82.4% 29 $0.000017 3.77% -3.14% $10 090 877 222 SHIB 7 days price change

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