World's Top 3 Most Buzzing Cryptocurrencies

• Bitcoin Commences 2024 Above $45,000 Amid ETF Approval Speculations
• Top 3 Most Discussed Cryptocurrencies in December 2023
• Bitcoin Dominates the Discussion
• Speculations Around Ethereum and ChainLink
• Surprise Surge in BONK Discussions
• Most Discussed Cryptocurrencies on X in December 2023

Bitcoin Commences 2024 Above $45,000 Amid ETF Approval Speculations

Bitcoin$42,260 -0.64% kicked off 2024 with a promising start, surpassing the $45,000 benchmark as early as January. The surge in value is a result of anticipations that the U.S. Securities and Exchange Commission (SEC) will greenlight Bitcoin ETF this month. Leading cryptocurrencies, including Bitcoin, are currently enjoying the ripple effects of this potential ETF approval, with prices reaching new peaks each week. Take a look at how numerous trillion-dollar asset management firms are prepping to provide Bitcoin ETF services.

Top 3 Most Discussed Cryptocurrencies in December 2023

In an interesting revelation, the cryptocurrency community eagerly awaits the Bitcoin ETF. In this context, we bring to light the top three cryptocurrencies that engrossed the maximum attention on X (previously known as Twitter) in December 2023.

Bitcoin Dominates the Discussion

According to a comprehensive report by ICO Analytics, a renowned on-chain metrics and blockchain analytical firm, Bitcoin bagged the title of the most discussed cryptocurrency in the world for the month of December 2023. Approximately 24% of the overall exchange of views were concentrated around Bitcoin on various social media platforms.

Speculations Around Ethereum and ChainLink

Following Bitcoin, Ethereum$2,315 -2.42% secured the second position with an involvement of 15% in all the cryptocurrency discussions on X. ChainLink, on the other hand, took the third spot with its share of 8.6% in December 2023's discussions on the X platform.

Surprise Surge in BONK Discussions

Interestingly, meme currency BONK emerged fourth, accounting for 7.5% of the overall discourse on social media. BONK has been drawing attention due to sudden price runs, which has resulted in abundant conversations about the project on X. Investors should note that BONK has soared 910% over the past 365 days, with an investment of $10,000 ballooning to $101,000. In the last 30 days alone, BONK spiked 30%, generating impressive returns for investors.

Most Discussed Cryptocurrencies on X in December 2023

In addition to the previously mentioned cryptocurrencies, Ripple's native token XRP$0.620 -1.68% secured the fifth position with a 5.3% share in discussions. It's worth noting that XRP consistently remains in the limelight amongst the community, with investors continually deliberating over its price prospects.

Edited by Jonathan Stoker