These are the most popular cryptocurrencies by frequency of mention on social networks (Santiment)

Market intelligence platform Santiment has outlined some currently trending crypto assets due to multiple mentions on social media. According to the firm’s analysts, these include bitcoin (BTC), Chiliz (CHZ), and Nubcat (NUB).

The topics that make BTC, CHZ and NUB trending on social media revolve around trading activities, price fluctuations, upcoming airdrops and controversies. In particular, market participants express bullish and bearish sentiments towards them.

Controversies surrounding Bitcoin

Santiment said BTC is the top trending cryptocurrency based on frequency of mentions on social media. The cryptocurrency has been the subject of multiple predictions about future price movements, especially with notable macroeconomic factors currently in play.

The upcoming US presidential election and the potential sale of a large BTC stash by the US government in the coming weeks have drawn positive and negative comments on bitcoin stocks and price volatility. Analysts are discussing support levels and warning that BTC could drop into critical regions, leading to further declines.

There are also bullish posts about bitcoin’s potential for significant price appreciation and its role in the broader financial ecosystem compared to traditional stocks and fiat.

Additionally, the recent HBO Bitcoin documentary, “Money Electric: The Bitcoin Mystery,” which claimed to have uncovered the identity of the network’s pseudonymous creator, Satoshi Nakamoto, sparked debate and controversy and fueled social media discussions about BTC.

The documentary cited former Bitcoin developer Peter Todd as the network’s creator; however, the early Bitcoin contributor denied the claims, stating that he was not Nakamoto.

BTC was worth $60,600 at press time, having fallen 2% in the past 24 hours.

Airdrops and positive sentiment

Chiliz has been trending due to the increased network activity of its upcoming Pepper (PEPPER) air launch. CHZ is the native token of blockchain-based sports entertainment platform Socios, while PEPPER will be the Chiliz network’s first meme coin launched to reward CHZ holders.

The Chiliz Network has seen significant trading volumes and price rallies over the past few days while being mentioned in various social media posts on Reddit and X. CHZ was worth $0.069 at the time of writing, up 18 % in the last seven days and a decrease of 3.5% in 24 hours.

Meanwhile, NUB, a cat-themed meme coin on the Solana network, has been mostly associated with positive predictions and community engagement. The token is up more than 100% in the last seven days and was worth $0.031 at the time of writing.

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