The following cryptocurrencies are seeing the highest interest on Twitter in the early hours of Wednesday, as per Cointrendz data.
Bitcoin (CRYPTO: BTC): The apex cryptocurrency traded 7.98% higher at $40,115.56 over 24 hours. For the week BTC traded 30.72% higher.
This week BTC shorts worth $750 million were squeezed, a record, as per Arcane Research.
As BTC crossed the key $40,000 mark, the cryptocurrency topped the list of trending coins on Twitter, as put together by Cointrendz. BTC traded 38.2% below its all-time high at press time.
Dogecoin (CRYPTO: DOGE): The Shiba Inu-themed cryptocurrency traded 2.34% higher at $0.206 over 24 hours at press time. For the week, DOGE was up 14.47%.
See Also: How To Buy Dogecoin (DOGE)
DOGE was the second most discussed coin on Twitter, as per Cointrendz. Since the year began, the cryptocurrency has soared 3,517.98%. DOGE is down 72.5% from its all-time high hit in May.
Ethereum (CRYPTO: ETH): The second-largest cryptocurrency by market cap traded 4.22% higher at $2,294.04 over 24 hours at press time. For the week, ETH is up 23.14%. Since its all-time high, ETH is down 47.5%.
Ethereum’s network experienced congestion on Tuesday thanks to the demand for “Stoner Cats” non fungible tokens from the eponymous series produced by Mila Kunis. The coin was trending at the no. 3 spot on Cointrendz’s list.
Cardano (CRYPTO: ADA): The cryptocurrency project founded on peer-reviewed research traded 2.59% higher at $1.28 over 24 hours. For the week, ADA is up 13.7%.
See Also: Cardano Founder Says The Only ‘Ethereum Killer’ Is Ethereum 2.0
At press time, ADA trended on Twitter and was placed on the fourth spot on the Cointrendz list. The cryptocurrency is down 48.7% since it touched its all time high.
Tezos (CRYPTO: XTZ): The token of the Proof of Stake blockchain network traded 1.58% higher at $2.86 over 24 hours at press time. Over a seven day-period XTZ traded 24.39% higher.
XTZ is down 65.9% since its all-time high and was trending on the fifth spot on the Cointrendz list.
Axie Infinity (CRYPTO: AXS), Shiba Inu (CRYPTO: SHIB), Binance Coin (CRYPTO: BNB), Chainlink (CRYPTO: LINK), and XRP (CRYPTO: XRP) were also among the most-mentioned coins on Twitter.
AXS was the top gainer over 24 hours on Tuesday and topped the list of 24-hour gainers on CoinMarketCap at press time rising 17.24% to $46.26. The coin is trading 12.7% below its all-time high.
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