This week’s LunarCrush data highlighted top-performing crypto assets based on social activity and market performance. According to the data, SOMI, PEPE, PTB, LINEA, DOGE, BNB, YGG, MOG, BRETT, and BIO have gained a lot of attention across social media channels, indicating the popularity of these assets among digital asset users. The implication here is that these crypto coins’ innovative offerings and their market performance grab user attention. The tokens are showing promising prospects with their heightened popularity and market gains. As a result, many people appear to want to buy these coins to avoid the FOMO.
SOMI, PEPE, PTB, LINEA, DOGE Lead in Social Engagement
Somnia (SOMI)
Somnia (SOMI) is at the top of the list of the data, meaning it is the crypto coin that currently attracts the most attention in the broader cryptocurrency market. It is the most-talked-about crypto because it is a new token with advanced offerings. Somnia (SOMI), a Layer-1 blockchain designed to support real-time, mass-consumer applications like gaming, metaverse, and decentralized social networks, started trading on September 2 and significantly drew user engagement.
PEPE (PEPE)
Second on the list is PEPE, a meme coin that continues to demonstrate a robust positive sentiment on social media and big price movements in the wider market. PEPE is one of the leading gainers in the meme coin sector, attracting both traders and investors. Today, a whale purchased 1.52 trillion PEPE tokens worth $16 million from Kraken, making it one of the biggest acquisitions in PEPE’s history and an indicator of strategic institutional investment. The meme coin has been up 25.3% over the past week, indicating PEPE is riding the altcoin season buzz, where smaller crypto assets outperform BTC.
Portal to Bitcoin (PTB)
Portal to Bitcoin (PTB) is the third-most talked-about cryptocurrency on social media in connection to customer interest in its protocol’s offerings, according to the data. With its mainnet launch on September 3, Portal significantly attracted attention due to its custody-less interoperability for Bitcoin. It enables rapid, low-cost token swaps between native Bitcoin assets in Layer-2 networks and various Layer-1 blockchains. Currently, BTC DeFi is a $1.3 billion crypto sector and continues witnessing rapid growth. This means Bitcoin customers are increasingly using Portal to Bitcoin (PTB) to power interoperability functions within the sector.
Linea (LINEA)
The data indicates optimism for LINEA’s capability and bullish outlook. On September 10, Linear, an Ethereum Layer-2 scaling network owned by blockchain software company ConsenSys, launched its native token LINEA for public utility. The move attracted customer interest due to LINEA’s blockchain scaling capability and its price momentum noticed in the crypto market.
Dogecoin (DOGE)
Moving down, the data shows that DOGE’s sentiment is significantly bullish, signalling renewed enthusiasm and engagement from traders and investors. The largest meme coin is currently trading at $0.2969, up 40% over the week, suggesting strong retail and institutional investor sentiment. The meme token is currently receiving institutional attention. Early this week, CleanCore Solution, a publicly traded company, began buying DOGE, and so far, it has purchased over 500 million DOGE ($148 million) as part of its balance sheet.
Other Market Performers and Top Investor Targets
Other crypto coins that are significantly trending based on social activity include Binance Coin (BNB), Yield Guild Games (YGG), Mog Coin (MOG), Brett (BRETT), and Bio Protocol (BIO), as illustrated in the data.
The above-mentioned coins: SOMI, PEPE, PTB, LINEA, DOGE, BNB, YGG, MOG, BRETT, and BIO are the top 10 most-searched cryptos by digital asset clients currently. They experience growing user interest because their innovative blockchain solutions attract customers’ attention.
