Learn about the most popular cryptocurrency on Twitter in November?
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Answer Learn about the most popular cryptocurrency on Twitter in November?
Some consider the popularity of a digital currency and its spread on social media as one of the main indicators of the extent to which its community interacts with it.
Despite the fact that SHIB’s price fell 43.1% in November, its momentum on Twitter remains strong.
According to data shared by cryptocurrency analytics platform CryptoRank, SHIB was the second most popular cryptocurrency on the social platform in November with a total of 4.02 million mentions.
Bitcoin, the largest cryptocurrency, ranks first with more than 10 million signals.
Ethereum managed to record 2.7 million signals and secure the third position.
Cryptocurrencies (CAKE) and (DOGE) are also in the top five with over 1.86 million and 1.76 million mentioned on Twitter respectively.
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While it failed to regain its upward momentum, “Shiba Inu” continues to see more commercial adoption, as electronics retailer Newegg recently confirmed its plan to add “Shiba Inu” as a new payment option.
The meme coin also continues to see more listings on exchanges despite the drop in prices.
Shiba Inu’s official Twitter account surpassed the Ethereum account in early November 2021.
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