In its latest post, analytics company Santiment has compiled the cryptocurrencies most discussed by the crypto community today and why.
Unsurprisingly, the most talked about cryptocurrency of the day was Bitcoin, according to Santiment analysts. BTC ($104,378.50) saw a spike in discussions yesterday after US President Donald Trump issued an executive order to create a digital asset stockpile in the country. The executive order will ease previous regulations, which has led to discussions about the Bitcoin Strategic Reserve and a broader digital asset stockpile.
It is not yet clear whether the US will create just one Bitcoin stockpile or develop a mixed stockpile that will include multiple assets.
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Second on Santiment’s list is Onyxcoin (XCN ($0.00)). According to Santiment analysts, analysts have emerged in the cryptocurrency community comparing this cryptocurrency to XRP ($3.11) and HBAR ($0.33), and some have strong opinions about the asset’s potential. It is useful to be careful of excessive bullish sentiment.
Last on Santiment’s list is THORChain (RUNE ($2.20)). The altcoin, which has been the subject of much controversy today due to bankruptcy rumors, has seen a significant drop in its price.
*This is not investment advice.
Continue Reading: Analytics Company Reveals the 3 Cryptocurrencies People Have Been Talking About the Most Recently
