Top Social Gainers for June 6-7th, 2019

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garry
Jun 7, 2019

Here are latest and biggest developing stories in crypto based on Santiment's data.

1. ONE

Harmony set an all time high on Thursday, making +21% run in 24 hours.

Nice catch for the ones that managed to catch all time low 3 days before.

This move was expected.

All Binance IEO projects pump after listing.

The question is when.

General strategy for ONE was to let it dump after listing (expected around a week) and then jump in when MM bots turn on.

And it basically worked.


Except the fuel was added by releasing ONE+LINK partnership and not by MM bots probably.

Have a look at the pattern:

UPD: There was a trading competition besides that.


Talks:

  • We will see this month a run just like matic... Everybody crying not to buy ONE at this prices
  • ONE is one scary one ๐Ÿ˜‚
  • Guys get into one now.. for easy profit today
2. XRP

Ripple is steadily going up during recent two days:

What happened? What's the buzz around?

  1. Siam Commercial Bank (SCB), Thailand's largest commercial bank tweeted:

2. The tweet above has been deleted, SCB then stated that:


โ€œWe are so sorry for the previous information of the previous post. As of now we have no plan on using XRP.โ€


Original Ripple's press-release regarding CSB from 2017 - https://ripple.com/ripple_press/scb-ripple-launch-first-blockchain-powered-payment-service-japan-thailand/


3. Nearly $10 Million in XRP Stolen in GateHub Hack


Result? "XRP army" doesn't care:

Social volume: average

Talks:

  • Xrp๐Ÿš€๐Ÿš€slow and steady growth
  • XRP pimping again
  • XRP almost reaching orgasm now. about to ejaculate all over BTC's face and make sweet sweet love to the charts... ๐Ÿ’—
  • XRP ejaculation delayed cause BTC is being a little B!tch
  • XRP can eat poo and die
3. Facebook

Did you know that recent talks about Facebook are not most intensive last year? There was a higher social volume on June 27th 2018. What was that day? That was a day when FB reverted ban on crypto ads:

Latest trigger - Facebook to Announce Cryptocurrency Project This Month.

Points to mention:

  • FB employees allowed to take part of their salary in the coin
  • Governance planned to be given to outside parties in order to ensure that the digital asset will not be completely centralized
  • Going to charge firms $10 million each to run a node for the GlobalCoin network and plans to allow all node operators to have a representation in the independent foundation
  • The rumored stablecoin โ€” which will purportedly be integrated as a payment tool on WhatsApp, Messenger and Instagram โ€” will also be accessible through physical ATM-like machines
  • Facebook reportedly acquired the โ€œLibraโ€ trademark for the secretive project. Facebook also registered a new financial tech firm, Libra Networks LLC, with the Geneva Commercial Register in Switzerland.
  • Multiple sources are expecting Facebook to launch its stablecoin on June 18 (whitepaper release at least)
  • The value of Facebook Coin will be secured with a basket of fiat currencies
  • Evan Cheng, the current head of blockchain at Facebook, is an advisor of Zilliqa

Noticeable opinions:

  • If you dont think Google or Facebook are concentrated evil then something is wrong.
  • shorters will get REKT. Facebook coin in June, Bakkt in July. Facebook has 1 billion monthly active users. We have a stream of positive news. Next short opportunity at 10K...
  • doesn't matter what facebook and whatsapp are. They are gonna become the tools that will teach people about crypto
  • I think Facebook coin will be another XRP. Centralized, controlled chitcoin
  • Apple and Facebook Now Competing With Banks โ€“ Not Bitcoin
  • There's no incentive for Facebook to be decentralized. Their coin is most likely a central database.
  • Of course it can start another Bullrun, Facebook have a freaking 3 billions users. Imagine if 100 millions users buy the coin on Facebook and transfer it on Coinbase or Binance for BTC. Facebook will became the biggest fiat gateway, its my prediction.

As always, head over to our Social Trends page for the latest updates.

XRPONEFACEBOOK
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garry
Jun 7, 2019

Assets from this insight

Ripple logo

RippleXRP

$ 0.220467

2.78%in last 7d
Harmony logo

HarmonyONE

$ 0.005366

12.87%in last 7d