Cryptocurrency analytics firm Santiment has highlighted a surge in social media chatter surrounding certain altcoins, suggesting that speculative fervor is driving the market. Among the top trending projects are Toncoin ($TON), Shiba Inu ($SHIB), and Pepe ($PEPE).
Toncoin has garnered attention due to its association with the Hamster Kombat airdrop. The project’s discussions have seen a significant uptick, reflecting growing interest.
According to Santiment, Shiba Inu, another altcoin making waves, has been fueled by discussions around its cryptocurrency and associated projects like Shibarium. The community is buzzing with optimism about a potential 33,000% increase in the burn rate, which has recently contributed to a 23% price rise.
Pepe, a memecoin drawing comparisons to Shiba Inu, has sparked debates about its potential for a bull run.
