Here’s a look at the most-followed cryptocurrencies on Twitter this Wednesday morning
By Cointrendz, the following cryptocurrencies were the most followed on Twitter in the early hours of Wednesday this week.
. The largest cryptocurrency by market cap is the most talked about cryptocurrency on the Weibo platform. Bitcoin rose 2.76% to $47,075.06 in the past 24 hours. BTC is down 27.4% from its all-time high.
Fidelity Investments has urged the U.S. Securities and Exchange Commission (SEC) to approve its publicly traded bitcoin fund in a private meeting, Bloomberg announced.
For his part, SEC Chairman Gary Gensler told lawmakers on Tuesday that regulators are working on new rules to protect investors from volatility in the cryptocurrency market and that tokens traded in cryptocurrencies should be considered securities.
Elrond (Crypto: EGLD). The cryptocurrency designed to incentivize distributed networks to run smart contracts is the second most mentioned cryptocurrency on Twitter. At press time, the altcoin is trading up 3.5% at $274.65 after a 24-hour tracking period, but has fallen 9.3% from its all-time high.
. It recently became the seventh-largest cryptocurrency by market cap and continues to hold the No. 3 spot on the Cointrendz list. The altcoin lost 2.3% over the past 24 hours to settle at $161.93, also down 24.2% from its all-time high.
According to information provided by CoinDesk, the price of Solana’s SOL token fell by more than 13% after a hiatus of more than half a day, and as of early Wednesday, developers had managed to bring the blockchain network back online.
. The second-largest cryptocurrency by market capitalization ranks fourth on Cointrendz’s list. At press time, ETH was trading up 2.6% at $3,402.46 after a 24-hour tracking period. From its all-time high, the cryptocurrency is down 22.1%.
. This cryptocurrency is ranked fifth on the Cointrendz list. After a 24-hour tracking period at press time, VLX was trading up 5.4% at $0.1433, but down 31.4% from its all-time high.
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, a decentralized exchange (DEX) built on the Velas blockchain, will grow 86 times in value.
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is the most mentioned other currency on Twitter.