Across social media, sentiment has been shifting for crypto's largest market caps. As we have revealed many times through our content, markets historically move the opposite direction of the crowd's expectations. When retail begin to lean super bearish (such as

But not all projects are created equal through this phenomenon. Sometimes, we see traders very bullish toward Bitcoin, but are skeptical of altcoins. This is a signal that it's time to load up on speculative assets while the community is "playing it safe". Other times, we may see social media euphoric about meme coins in the midst of a big bull run. This is a sign that altcoins are about to go through a bit of pain to cool off the enthusiasm.

In this article, we take a look at the six largest market caps (excluding stablecoins) to get an idea of which projects are seeing the most (and least) amount of hype. We will even rate the coins' crowd sentiment from 1 (bearish) to 5 (bullish) based on their normal sentiments over the past 3 months.

1) Bitcoin ($BTC)

The ratio between positive and negative comments on social media toward crypto's top asset are fairly neutral as of now. We saw the crowd get quite bearish after the Fed-induced retrace on December 20th. But after some chopping, BTC rebounded back to $102K. Now, it is back in the low to mid $90K's, and it appears traders are still waiting for a larger move before forming extreme opinions.

Crowd Sentiment: 3 out of 5 (Neutral)

2) Ethereum ($ETH)

Ethereum had been gaining some great momentum just 3 weeks ago, as its price regained the psychological 'support level' of $4,000 ever so briefly. But as altcoins have declined after following BTC's lead, ETH is now looking to just stay above the $3,000 market value level. If this gets breached, expect panic to really begin to ensue and buy opportunities to arise.

Crowd Sentiment: 2 out of 5 (Slightly Bearish)

3) XRP Ledger ($XRP)

XRP enjoyed a nice +18% market cap rise the first 3 days of the new year, and has actually been holding up quite well compared to other altcoin peers. Ever since the massive surge in price that saw XRP's value jump +455% (from Nov. 1 to Dec. 2), there has been an increased level of optimism from the crowd.

Crowd Sentiment: 4 out of 5 (Slightly Bullish)

4) Binance Coin ($BNB)

Binance's native token has also enjoyed a tremendous surge in value since the beginning of November. However, the crowd has become a bit more uncertain on what's next as it's price has fallen back below the support level of $700 on Tuesday. Look for social media to stay a bit hushed about the project unless there is extreme decoupling that puts the normally quiet top asset back in traders' crosshairs.

Crowd Sentiment: 3 out of 5 (Neutral)

5) Solana ($SOL)

Solana's community has shown just how loyal they can be, even as the asset has underperformed significantly compared to other altcoins (-25% in the past 6 weeks). Retail traders actually bought the dip very successfully the day after Christmas, and their optimism is still notably high (as it has been since December). It may be best to wait until the stubborn excitement surrounding SOL dies down a bit more before there is an ideal spot to buy against the crowd.

Crowd Sentiment: 4 out of 5 (Semi Bullish)

6) Dogecoin ($DOGE)

Crypto's top meme coin has been extremely quiet outside of a temporary run-up at the beginning of the year (coinciding with Elon Musk's brief handle change to 'Kekius Maximus'). Since its top exactly one month ago, Dogecoin has shed -28% of its market cap. Crowd sentiment has been near its lowest point over the past year, meaning there is actually some nice upside to be a daring contrarian toward DOGE (in particular) if crypto markets begin to trend upward again.

Crowd Sentiment: 1 out of 5 (Bearish)

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Disclaimer: The opinions expressed in the post are for general informational purposes only and are not intended to provide specific advice or recommendations for any individual or on any specific security or investment product.