Santiment noted that the leading blockchains of the first level, including Ethereum, Solana, Toncoin and Cardano, account for 44.2% of all discussions of cryptocurrencies on social networks. At the same time, only 4% of discussions occupy the six largest memcoids.
“Memcoirs such as Dogecoin, Shiba Inu and Pepe are less and less mentioned on social networks. This happens despite the recent surge in activity after the launch associated with Donald Trump Memcoin. Bitcoin ousted memcoirs from the center of attention of traders and investors, ”analysts write.
In their opinion, the shift of the focus to the first cryptocurrency may indicate a more stable and stable market state. First-level blockchains provide basic infrastructure for smart contracts, decentralized applications and network scale, experts said.
Earlier, the co -founder of the platform for launching Pump.fun Memcoirs Alon Cohen said that the vast majority of altcoins are not much different from memcoids, and investors are not interested in technological aspects of crypto projects.
Source: Bits
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