Bitcoin soared past $45,000, driven by hopeful prospects of a pending SEC approval for a Bitcoin ETF, fueling an upward trajectory for top cryptocurrencies. Dive into the scoop on asset management firms applying to offer Bitcoin ETF services amid this buzz.
Spotlight on December’s Top Cryptocurrency Conversations
ICO Analytics, a key blockchain analytics firm, released findings on December 2023’s most-discussed cryptocurrencies. Bitcoin emerged as the top contender, dominating 24% of social media discussions, steering the crypto chatter.
Ethereum held the second spot, capturing 15% of the crypto community’s discourse on X (formerly Twitter). Following closely, ChainLink secured third place, engaging in 8.6% of December’s discussions on the platform.
Unexpected Contenders and Buzzing Altcoins
A surprising standout, meme coin BONK, took fourth place, claiming 7.5% of the conversation. BONK’s meteoric price surges triggered a frenzy, with a staggering 910% increase in the last year, turning a $10,000 investment into $101,000.
The past month alone witnessed a 30% surge in BONK’s value, delighting investors with impressive returns. Ripple‘s XRP, a leading altcoin, held the fifth spot, contributing to 5.3% of the ongoing discussions, maintaining a consistent buzz among investors exploring its potential.
Related article: 2024 Crypto Forecast: Top 3 Coins to Watch
