Top Social Gainers for Thursday, May 16th, 2019

Profile picture
garry
May 17, 2019

Here are Wednesday's biggest developing stories in crypto based on Santiment's data:

  • ETH (3950+ mentions)

On Thursday had a maximum social volume since December. What does it mean for price? Friday will show.

Price touched 270 USD zone.

Moods:


- Eth to the moon 🚀

- ETH Goes Parabolic

- eth will never die

- ETH is King


Historically similar kind of moods usually meant the asset reached the top. Local top.

We’ll see.


Overall:

Social volume: TOP ***

Mood: 100% Excitement ***


  • LTC (720+ mentions)
Social volume is not the highest here
LTC hit 11 months high around 105 USD and started way down, -10% from top

Moods:

  • ltc should reach easy 120usd
  • ltc moons
  • Sir currently LTC is a shitcoin
  • maybe ltc will lead next pump

Some doubts detected.


Overall:

Social volume: HIGH **

Mood: POSITIVE WITH DOUBT **


  • Bug (460 combined mentions in 48 hours)

There are two stories behind this word.

  1. Stellar network went down. No new transactions were added for about 2 hours.

What basically happened was that a critical mass of nodes went down causing a cascading failure and so the entire network went down but because it isn't frequently used, few noticed.


2. Bitcoin Cash Network Glitched After Undergoing Scheduled Hard Fork


After going through a planned update this Wednesday, May 15, 2019, the Bitcoin Cash network stopped processing transactions. Issue was resolved in a few hours.


Bitcoin congestion is increasing.

Amount of unconfirmed transactions as well as mempool size topped on Thursday:

Actually not the first time this year - charts

But nowadays this narrative got some traction.

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

ETHLTC
Profile picture
garry
May 17, 2019

Assets from this insight

Ethereum logo

EthereumETH

$ 144.94

0.16%in last 7d
Litecoin logo

LitecoinLTC

$ 44.50

2.22%in last 7d