Dogelon Mars (ELON), which has just surpassed well-known cryptocurrencies including Bitcoin (BTC), Ether (ETH), Ripple (XRP), Dogecoin (DOGE), and Shiba Inu (SHIB), has become the most talked about cryptocurrency, according to behaviour analytics platform Santiment, according to CryptoPotato. ELON has performed well so far this year while being far from its 2021 bull market peak levels.
Positive attitudes predominated in about 62% of interactions mentioning ELON, while neutral viewpoints made up around 19% of the total conversations and negative attitudes made up about 18.7%. The native token of FINSCHIA, FNSA, came in second on the list of assets that have received the most discussion. It is important to keep in mind that there is a lot of bot activity on social media sites like X (formerly known as Twitter), which raises questions about the precise proportion of genuine talks using these digital currencies.
Despite catching the eye of cryptocurrency enthusiasts, only 14% of investors in ELON are now making money, making it far from the most lucrative investment vehicle for traders. Other memecoins like Shiba Inu (SHIB), Floki (FLOKI), and Pepe (PEPE) are experiencing a similar issue.