Top Social Gainers for Thursday, May 16th, 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.

Thanks for reading!

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