Bitcoin
BTC$70 601.40

0.59%

Ethereum
ETH$3 576.96

-0.21%

Tether
USDT$0.999505

-0.06%

Binance Coin
BNB$587.37

1.51%

Solana
SOL$185.26

-1.52%

XRP
XRP$0.621025

-0.17%

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 74.4% 44 $70 601.40 0.59% 5.29% $1 388 483 752 635 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 72.8% 48 $3 576.96 -0.21% 1.26% $429 492 342 280 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 93.6% 1 $0.999505 -0.06% -0.05% $104 402 489 588 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 63.2% 80 $587.37 1.51% 5.00% $87 833 160 761 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 57.2% 89 $185.26 -1.52% -1.90% $82 311 563 061 SOL 7 days price change
6 XRP (XRP) XRP XRP predictions 84% 31 $0.621025 -0.17% 0.39% $34 084 472 887 XRP 7 days price change
7 USD Coin (USDC) USDC USD Coin predictions 90.4% 2 $1.000099 0% -0.01% $32 215 831 929 USDC 7 days price change
8 Dogecoin (DOGE) DOGE Dogecoin predictions 66.8% 68 $0.216544 16.10% 42.85% $31 106 856 640 DOGE 7 days price change
9 Cardano (ADA) ADA Cardano predictions 67.2% 67 $0.651385 -0.67% 2.99% $23 176 673 380 ADA 7 days price change
10 Avalanche (AVAX) AVAX Avalanche predictions 56% 88 $54.30 -1.23% -1.02% $20 494 058 453 AVAX 7 days price change
11 SHIBA INU (SHIB) SHIB SHIBA INU predictions 56.4% 94 $0.000032 5.42% 19.44% $19 062 332 858 SHIB 7 days price change
12 Toncoin (TON) TON Toncoin predictions 60.4% 88 $4.94 -0.69% 19.61% $17 156 092 593 TON 7 days price change
13 Polkadot (DOT) DOT Polkadot predictions 70.4% 52 $9.57 -0.32% 1.87% $13 651 390 804 DOT 7 days price change
14 Chainlink (LINK) LINK Chainlink predictions 74.4% 42 $19.58 -0.71% 7.29% $11 494 161 063 LINK 7 days price change
15 Bitcoin Cash (BCH) BCH Bitcoin Cash predictions 70% 60 $573.04 16.21% 33.25% $11 278 357 239 BCH 7 days price change

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