Which are the Top 10 Cryptocurrencies in 2022?
The Cryptocurrency world is moving at a brisk pace. Each day, one new coin comes claiming to become the next leading crypto! As so much noise is coming from this space, it’s hard to find the top cryptocurrencies available in the market. So, at X-Byte, we have decided to make a listing of the top 10 cryptocurrencies in 2022.
How We Have Done It?
To make the list, we have extracted the top 1000 posts in cryptocurrency in the last 3 months to observe which cryptocurrencies are creating buzz in the crypto market. Precisely, we have gone through the top posts in the last 3 months related to cryptocurrencies.
For doing so, we have used our powerful web data scraper, which can extract data from all websites. For more information, contact X-Byte Enterprise Crawling with your requirements!
Top 10 Cryptocurrencies in 2022
The most well-known cryptocurrencies in 2022 include:
#1 & #2 Bitcoin & Ethereum
Surprisingly, the top most conversed cryptocurrencies are Bitcoin & Ethereum. They are the 2 biggest cryptocurrencies in terms of market cap as well as are known to be the 2 most significant ones.
In spite of their relative superiority, conversations on both cryptos dominate the space considerably. Out of these analyzed posts, around 15.31% of them have mentioned Bitcoin using their title and around 3.5% of them have mentioned Ethereum.
While looking at the text posts in which real conversations take place, Bitcoin is cited in around 36.46% posts while around 19.09% of the text posts have mentioned Ethereum.
While Bitcoin is reaching all-time-high pricing and Ethereum-based NFTs are constantly driving hype, we anticipate these 2 cryptocurrencies to dominate the conversations for the predictable future.
#3 Ripple / XRP
At #3, we have XRP (Known as Ripple, a name of underlying platform), amongst the oldest cryptocurrencies in the list. In spite of getting created 3 years after Bitcoin, XRP becomes popular as well as it is presently the 6th biggest cryptocurrency in terms of market cap.
The popularity translates into amount of different posts discussing the XRP in cryptocurrency. XRP is stated in 0.66% of different post titles as well as 2.35% of all the text posts.
Ripple remainders a reasonably popular coin in a cryptocurrency space.
#4 Shiba Inu
The 4th most conversed cryptocurrency in the r/cryptocurrencies is the 19th biggest by market cap.
Shiba Inu was began as the new memecoin having the similar spirit like Dogecoin. In spite of only being one year old, this has got a lot of attention lately because of its increase in the prices as well as meme status.
Shiba Inu is way up compared to market cap, however, the conversations about it are awesomely positive.
While only getting mentioned in around 1.42% of the post titles as well as 4.24% of the text posts, the posts gathered more than 20,000 upvotes as well as 11,818 comments. Some posts of Shiba Inu gathered nearly equal upvotes as well as comments about Ethereum.
Shiba Inu indicates ample strength in a discussion side of things, we would see how that translates into real values in the future months.
#5 Algorand
In a debated spot, we have got Algorand, the 20th biggest coin in terms of market cap (Officially, the coin’s name is Algo whereas Algorand is an underlying platform, yet alas).
Whereas Algorand managed to gather a higher number of mentions, given posts were not essentially much popular.
0.76% of different posts titles as well as 6.26% of different text posts have mentioned Algorand. Though, these posts gathered fewer upvotes as well as comments than several coins down the lists. Ripple, Tether, and Dogecoin are all gathered more upvotes whereas Tether and Dogecoin produced more comments having lesser dedicated posts.
Algorand continues to be a popular coin, which struggles to create much hype like others.
#6 Cardano
At #6 we have the 5th biggest cryptocurrency in terms of market cap, Cardano.
In spite of its age (that is 6 years that could as well become a lifetime within a crypto space), Cardano is extremely popular and considered as the biggest cryptocurrency for using a proof-of-stake blockchain.
Cardano was stated in 1.23% of different post titles as well as in 9.08% of text posts (greater than SHIBA). Different posts about Cardano are positively acknowledged with the healthy total counts of 10,050 upvotes as well as 4,740 comments gathered.
Cardano is popular and valuable coin in today’s crypto space.
#7 Tether
Next, we have Tether, the 5th biggest cryptocurrency in terms of market cap. Similar to Cardano, Tether is having comparatively standard rates of comments and upvotes compared to total posts.
Indeed, Tether has near to half as many post as upvotes, mentions, and comments like Cardano. It is despite the market caps getting incredibly near to each other (with 70B-69B as of time of writing).
Whereas Tether sparks similar positive sentiments as Cardano, this does not spark that at similar volume as the neighbor does.
#8 Solana
At #8, we’ve a moderately new cryptocurrency, named Solana. In spite of its current launch in April 2019, Solana has become amongst the most well-known cryptocurrencies as well as it’s presently the 7th biggest in terms of market cap.
Solana’s acceptance in r/cryptocurrency holds in the similar manner. It was stated in 0.28% of different post titles as well as 4.23% of different text posts. Said posts had gathered 656 upvotes as well as 1,037 comments.
Solana has succeeded to become temperately popular in the short time.
#9 Dogecoin
At #9, we have a cryptocurrency identified as an original memecoin called Dogecoin. This presently is the 10th biggest crypto in terms of market cap.
Whereas Dogecoin received lesser mentions on the post titles than other crypto coins on the list, it gathered a huge amount of comments and upvotes on r/cryptocurrency. Thus, we’ve made it up to #8 in the list.
In spite of being stated in 0.57% of the post titles, this was stated in 5.95% of different text posts. This also gathered 9,319 upvotes as well as 4,583 comments, which is more than Tether and Algorand combined!
Dogecoin continues to be incredibly popular as well as stays to make lots of discussions in a crypto space.
#10 ChainLink / LINK
At 10th position, we have got LINK (Also recognized as ChainLink, a name of an underlying platform), the 17th biggest cryptocurrency in terms of market cap.
LINK is one more coin, which manages to get a higher amount of discussion around itself in spite of its low market cap. LINK is stated 0.19% of all the post titles mentioned it as well as in 2.66% of different text posts.
Said posts gathered 511 upvotes as well as 429 comments. Not too bad for #17!
LINK is constantly getting in popularity, we should see if the popularity could translate into different future valuations.
Conclusion
The future of cryptocurrency is an unexplored territory. Though, through analyzing data with popularity of various cryptocurrencies, the clearer path for the future could be seen. Although, we suggest doing broad research on all cryptocurrencies you plan for investing in. A coin’s approval is not sufficient data to make a cultured investment decision.
Originally published at https://www.xbyte.io.