Bitcoin
BTC$61 285.60

7.63%

Ethereum
ETH$3 338.95

2.80%

Tether
USDT$1.000847

0.04%

Binance Coin
BNB$411.70

3.92%

Solana
SOL$115.79

6.61%

XRP
XRP$0.572503

-2.64%

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 62.4% 76 $61 285.60 7.63% 19.00% $1 203 670 607 100 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 60% 80 $3 338.95 2.80% 13.80% $401 178 537 437 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 92% 1 $1.000847 0.04% 0.08% $98 474 236 270 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 68.8% 69 $411.70 3.92% 9.81% $61 566 465 512 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 78.4% 41 $115.79 6.61% 10.92% $51 249 437 073 SOL 7 days price change
6 XRP (XRP) XRP XRP predictions 81.6% 29 $0.572503 -2.64% 4.69% $31 255 388 750 XRP 7 days price change
7 USD Coin (USDC) USDC USD Coin predictions 93.2% 1 $0.999889 0% 0% $28 645 014 753 USDC 7 days price change
8 Cardano (ADA) ADA Cardano predictions 66% 66 $0.628697 0.43% 5.82% $22 304 712 874 ADA 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 82% 27 $0.115323 16.49% 36.90% $16 521 691 232 DOGE 7 days price change
10 Avalanche (AVAX) AVAX Avalanche predictions 74% 50 $39.88 1.60% 6.89% $15 042 025 285 AVAX 7 days price change
11 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 72% 61 $0.142057 -0.45% 2.21% $12 498 985 751 WTRX 7 days price change
12 TRON (TRX) TRX TRON predictions 71.2% 63 $0.142025 -0.64% 1.85% $12 496 109 183 TRX 7 days price change
13 Chainlink (LINK) LINK Chainlink predictions 76% 44 $19.18 0.15% 3.96% $11 258 564 813 LINK 7 days price change
14 Polkadot (DOT) DOT Polkadot predictions 74% 48 $8.32 -0.39% 12.31% $10 688 826 213 DOT 7 days price change
15 Lido stETH (STETH) STETH Lido stETH predictions 93.2% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change

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