cryptocurrencies in the last year It’s been amazingly talked about. In fact, cryptocurrencies, which have been used for a long time, had gained a great reputation with the interesting movements of names such as Elon Musk. Cryptocurrencies with weird names aside, major currencies like Bitcoin and Ethereum to social media does not rule. So what are the most popular cryptocurrencies in November?
Shiba rises on the list of the most popular cryptocurrencies of November
First heard in 2020 shiba inuhas some things in common with Dogecoin. First of all, the fact that both cryptocurrencies represent an animal and have a vector emblem may cause you to compare the two quite a lot. Famous entrepreneur Elon Musk made Dogecoin famous with his Dogecoin-related posts, and recently made Shiba Inu famous.
Twitter is a good platform to talk about cryptocurrencies. That’s why we can determine how famous cryptocurrencies are by looking at how many names are mentioned on Twitter. of CryptoRank according to his research The most talked about cryptocurrency this month is Bitcoin as usual. After this major cryptocurrency comes the Shiba Inu, which means Dogecoin is less famous now.
There were 10,710,315 tweets about Bitcoin. Regarding the Shiba Inu, we see that 4,024,575 tweets were posted. You can see how famous other cryptocurrencies are from the chart below.
Another cryptocurrency similar to Shiba and Doge CAKELooks like he outdid Doge. Since Elon Musk usually determines which cryptocurrencies will be discussed on Twitter, this list may turn out to be very different next month.
Shiba Inu price drops
This is a big problem when cryptocurrencies like Bitcoin and Ethereum lose value by as much as 5 percent. But coins like Shiba Inu and Dogecoin, also called ‘sh*tcoin’, can suddenly lose 30 percent of their value. The Shiba Inu is now faced with a familiar scenario. Shiba in November 43 percent lost value, upsetting its investors.
Do you think cryptocurrencies like Shiba Inu and Dogecoin have a future?