A recent study uncovered the digital crypto coins with the highest and lowest trader sentiment in the last three months. The top contenders with the most positive sentiment include Uniswap, Ethereum, NEAR Protocol, and The Sandbox. Meanwhile, Polkadot, Solana, Chainlink, and OKB were found to have the least favorable perception among traders.
SmartBettingGuide.com’s recent study has uncovered the cryptocurrencies with the highest and lowest crypto sentiment over the past three months (October 2022-January 2023). The research analyzed over 840,000 social media and editorial posts to determine the coins with the most and least favorable online discussions. Crypto sentiment refers to the public and traders’ perception of a specific cryptocurrency, and it serves as a valuable resource for those who track the market and its price fluctuations.
The Cryptocurrency with the Highest Crypto Sentiment ⬆️
Uniswap leads the way as the coin with the most favorable crypto sentiment. Known for its ease of use, Uniswap seamlessly integrates with all ERC-20 tokens and boasts a user-friendly design that is easy to navigate.
Ethereum comes in second place in the top ten list of positive sentiment, with the complete top ten shown below:
Coin | % of favorable online conversations from October 2022 to January 2023 |
Uniswap | 35 % |
Ethereum | 20 % |
NEAR Protocol | 20 % |
The Sandbox | 20 % |
TRON | 17 % |
Internet Computer | 17 % |
UNUS SED LEO | 15 % |
Flow | 15 % |
Cosmos | 14 % |
Solana | 14 % |
The Cryptocurrency with the Most Unfavorable Reputation ⬇️
Polkadot holds the top spot for having the highest negative sentiment among cryptocurrencies, primarily due to its fluctuating prices, making it a precarious investment. Solana, on the other hand, elicits mixed opinions and finds itself on both our list of the top ten positive and top ten negative cryptocurrencies, coming in at second place with 8%. The complete top ten is listed below:
Coin | % of negative online conversations between October 2022 and January 2023. |
Polkadot | 9 % |
Solana | 8 % |
Chainlink | 8 % |
OKB | 8 % |
Bitcoin | 7 % |
USD Coin | 7 % |
Dogecoin | 6 % |
Polygon | 6 % |
TRON | 5 % |
BNB | 5 % |
For comprehensive details, please visit the following website: https://smartbettingguide.com/crypto-coins-with-trader-sentiment
Procedure:
Our initial step was to gather the top 50 coins from https://coinmarketcap.com/.
Then, we utilized social listening through Linkfluence to determine which coins had the most and least favorable sentiment in online discussions.
We eliminated any coins from the top 50 with less than 1,000 posts.
The information collected on January 9th, 2023 encompasses a three-month historical window.
FAQ about Most Favorable and Unfavorable Crypto Coins
❓ What is the meaning of "crypto sentiment"?
Crypto sentiment refers to the public and traders’ perception of a specific cryptocurrency. It serves as a valuable resource for those who track the market and its price fluctuations.
❓ What is Uniswap, and why is it considered the cryptocurrency with the most favorable sentiment?
Uniswap is a decentralized exchange that allows for seamless integration with all ERC-20 tokens and boasts a user-friendly design. It’s considered the coin with the most favorable sentiment due to its ease of use and favorable perception among traders.
❓ Why is Polkadot considered the cryptocurrency with the most negative sentiment?
Polkadot is considered the cryptocurrency with the most negative sentiment primarily due to its highly volatile prices, which make it a risky investment.