Top Social Gainers for Thursday, May 16th, 2019

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Garry Kabankin
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.


- 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.


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


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

Some doubts detected.


Social volume: HIGH **


  • 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.

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Garry Kabankin
May 17, 2019

Thanks for reading!

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Assets from this insight

Ethereum logo


$ 406.36

8.27%in last 7d
Litecoin logo


$ 57.53

21.80%in last 7d

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