The latest data reveals that the leading cryptocurrency, Bitcoin (BTC) and Chainlink (LINK), have experienced an increase in social activity measurements. Data from Lunar Crush, which ranks cryptocurrencies based on social activity, revealed that Bitcoin and Chainlink occupy the top two positions respectively.
Bitcoin’s Analytical Report
The chart compared the rankings of six different tokens. It showed that Bitcoin gathered more than 138.7 million interactions, while Chainlink collected 56.6 million interactions. Particularly, Chainlink’s social activity was noteworthy as it surpassed Ethereum and exceeded the total of the remaining three tokens. The social activity metric indicates investor interest in this token for various reasons.
According to the analysis by cryptocurrency analytics firm Santiment, on April 22, Bitcoin’s social volume was reported to be higher than the previous day, although it had decreased from prior days. Despite the noted decline, Bitcoin’s social volume remained higher than that of Chainlink as expected. At the time of writing, Bitcoin’s social volume was over 1,100, while Chainlink’s was at 18.
Current Data on LINK
Overall, on April 22, Bitcoin’s social volume rose above 5,200, while Chainlink’s social volume was 199. Additionally, when examining the social dominance metric, it was found that Bitcoin’s was over 25%. In comparison, Chainlink had less than 1% at the time of writing. This measurement shows the percentage of discussions each token occupies within the broader cryptocurrency discourse.
Bitcoin and Chainlink’s daily timeline charts analysis sheds light on the recent increase in social measurements. BTC and LINK have shown rising trends, albeit at varying degrees, over the last few days. Analyzing the Chainlink chart, a consistent upward trend is evident over the last six days. LINK traded around $13.89 after a more than 5% increase from April 18. By the end of trading on April 22, the price had risen by 2.3% to $15.46. At the time of writing, it was trading at approximately $15.38, experiencing a slight decrease of less than 1%.
