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Social Media Support for Solana, Cardano, and Dogecoin

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by Giorgi Kostiuk

a year ago

Analytics platform Santiment reports positive investor sentiment towards Solana, Cardano, and Dogecoin, while Bitcoin, Ethereum, and XRP maintain a neutral perception.

Positive Sentiment on Solana, Dogecoin, and Cardano

Social media shows positive sentiment for Solana, Dogecoin, and Cardano, according to Santiment. These three digital assets receive more positive comments than negative ones. Solana ranks sixth by market capitalization and shows a 2.54% increase over the last day. Dogecoin increased by 4.94% in the last 24 hours, and Cardano rose by 9.75%.

With crypto coming to life again on Tuesday, commentary across social media reveals positive sentiment forming toward Solana, Dogecoin, and Cardano.Santiment

Neutral Sentiment on Bitcoin, Ethereum, and XRP

Bitcoin, Ethereum, and XRP maintain a neutral stance among investors. Bitcoin slid below $90,000 but then recovered to $97,197. Ethereum shed 11% on Monday but then recovered. XRP has shown a 12.05% rise over the last 24 hours, leading the neutral assets.

Stablecoin Supply Remains Steady

The stablecoin market volume has remained relatively unchanged, maintaining around $189.1 billion for the last 30 days. This indicates reduced liquidity and volatility in the market. However, the situation might change after Donald Trump's inauguration if he signs a crypto-related executive order.

Investors continue to monitor developments in the crypto market, especially in anticipation of possible changes in US policy after Donald Trump's inauguration.

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