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    Home»Cryptocurrency»Social Engagement Soars for Bitcoin and These Altcoins Amid Market Crash
    Cryptocurrency

    Social Engagement Soars for Bitcoin and These Altcoins Amid Market Crash

    IDKWYDBy IDKWYDFebruary 25, 2025No Comments3 Mins Read
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    In keeping with Santiment, Bitcoin (BTC), Raydium (RAY), and Frax (FRAX) are at present on the middle of social media discussions.

    A lot of the rising discourse is targeted on market volatility and governance adjustments throughout the crypto ecosystem.

    The Prime 3 Trending Tokens

    Santiment’s February 25 report reveals that BTC is getting consideration on account of a latest acquisition from Michael Saylor’s Technique (previously MicroStrategy).

    The agency bought 20,356 BTC for about $1.99 billion, rising its complete holdings to 499,096 BTC purchased for round $33.1 billion. This funding, alongside a yield of 6.9% YTD 2025, has been broadly mentioned throughout the crypto market, notably relating to its impact on the asset’s worth fluctuations.

    RAY is trending following a latest 29% decline in  a day and a 50% stoop since Friday that was attributable to rumors of a competing platform launching its personal automated market maker (AMM). This hypothesis has raised considerations over liquidity shifts throughout the Solana ecosystem, resulting in elevated investor consideration towards the token.

    Pump.enjoyable is reportedly testing an AMM that, if applied, may cut back the platform’s reliance on Raydium. The decentralized trade at present facilitates buying and selling for tokens launched on the Solana meme coin maker.

    FRAX has additionally been a focus in conversations, with debates surrounding tokenomics, governance, and inflation. Varied proposals have been launched relating to adjustments to the coin’s emissions, branding, and incentive mechanisms.

    Ongoing discussions are centered on the token’s inflationary nature and relationship with FXTL and the potential impression these adjustments may have on its worth and utility throughout the market.

    Different Trending Cryptocurrencies on Santiment’s Checklist

    The blockchain analytic agency additionally highlights Ethereum (ETH), Frax Shares (FXS), and Kendu Inu (KENDU) as trending digital belongings. ETH has seen elevated discussions following its affiliation with GrokAI3.0, a brand new undertaking focused on developments in AI know-how and its potential monetary implications.

    FXS, which is linked to FRAX, has additionally been broadly talked about, with many elevating considerations about its potential dilution and implications for liquidity and worth.

    On its half, KENDU has gained consideration as a part of a rising community-driven method to digital belongings. In keeping with Santiment, talks round it largely spotlight the significance of sturdy group bonds and collective effort over speculative buying and selling.

    The token has been in comparison with cryptocurrencies like Shiba Inu (SHIB) and Dogecoin (DOGE), with fanatics emphasizing its long-term potential because the market evolves. Some imagine it represents a shift towards community-focused investments relatively than playing and pump-and-dump schemes.

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