Web Pc, Safemoon, Shiba Inu — Altcoins Seeing Excessive Social Media Curiosity Right this moment

The next three altcoins have been seeing a excessive quantity of social media curiosity within the early hours of Monday.

SafeMoon (CRYPTO: SAFEMOON): The Dave Portnoy-endorsed cryptocurrency has a mannequin which rewards long-time holders and prices traders a ten% price to promote their tokens. SAFEMOON has gained the eye of the social media crowd of late. Just lately, its CEO John Karony revealed that the undertaking’s chief blockchain officer was concerned within the partnership between Elon Musk-led SpaceX and Dogecoin (CRYPTO: DOGE).

See Additionally: How To Purchase SafeMoon (SAFEMOON)

SAFEMOON was on the fifth spot in CoinMarketCap’s listing of trending cryptocurrencies at press time. The cryptocurrency traded 5.61% greater at $0.000003188 at press time. In opposition to Bitcoin (CRYPTO: BTC), SAFEMOON rose 1.92%.

SHIBA INU (CRYPTO: SHIB): SHIB is styled as a so-called “Dogecoin killer.” A notable distinction between the rallies which have fueled each DOGE and SHIB is the group supporting the respective meme cash. SHIB is fueled by Chinese language social media influencers on platforms corresponding to Weibo and WeChat, whereas DOGE finds backers on Twitter Inc’s (NASDAQ:TWTR) social media platform and Reddit.

SHIB’s most up-to-date increase got here on Friday after Musk disclosed that his Shiba Inu canine will likely be named Floki. A brand new cryptocurrency known as Floki additionally skyrocketed after the announcement. 

At press time over 24 hours, SHIB traded 6.26% greater at $0.000007801. The meme coin is up 1.83% over a seven-day trailing interval. FLOKI traded 46.4% greater at press time in opposition to Wrapped Ether (CRYPTO: WETH). 

Web Pc (CRYPTO: ICP): ICP is a token of a cloud computing undertaking constructed initially by DFINITY. The token solely listed on CoinMarketCap final month however emerged as a prime coin by way of market capitalization. The undertaking goals to increase the performance of the web in order to permit it to host backend software program, as per DFINITY. This pitches the undertaking in opposition to cloud bigwigs corresponding to Amazon.com, Inc (NASDAQ:AMZN) and Microsoft Company (NASDAQ:MSFT).

See Additionally: Crypto Market Agency Regardless of Binance Woes; Web Pc Spikes 37%, Dogecoin, Meme Cash In Focus With Elon Musk Tweet

ICP was the highest gainer at press time on Monday on CoinMarketCap’s listing. The coin traded 45.37% greater at $43.94 at press time. It additionally figured on Stocktwits listing of ten prime trending streams on the seventh place.

Learn Subsequent: Are These Three Components Maintaining Dogecoin Distant From The Moon?

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