Top Social Gainers for Thursday, March 7th, 2019
Here are today's biggest developing stories in crypto based on Santiment's data:
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- BNB (1400+ new mentions) + BTC/Bitcoin (3400+ new mentions in last 24hrs)
![](https://production-sanbase-images.s3.amazonaws.com/uploads/9e1161c95f926415e2d8aeba65ad1dcf732b9c5186347e6bd79bce2a8505563b_1551996014315_BNB.png)
BNB - BTC comparisons flare, as Binance Coin deviates from Bitcoin’s price trend to extend its 3-day rally and overtake Tether as the 7th biggest crypto asset by market cap.
As the rest of the crypto market consolidates, BNB has gained 54.7% (!) for the week, and is up 8% in the last 24 hrs alone.
Decoupling from Bitcoin is fairly uncommon for even the biggest of crypto assets, which prompted Justin Sun to recently dub BNB “a new Bitcoin”
![](https://production-sanbase-images.s3.amazonaws.com/uploads/0abe5b950ec1726480a162cd339758d6d76d0a11f0869889d7e23b43ff83ff53_1551996116576_BNB%201.png)
In the meantime, Bitcoin continues to trade in the $3880 range, as some technical analysts mark $4200 and $3700 as levels to watch.
- LTC/Litecoin (1400+ combined new mentions in last 24hrs)
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Following in BNB’s footsteps, Litecoin overtakes Tether as the 4th biggest crypto asset by market, as the coin improves to +25.3% for the week, and +3.1% for the last 24 hrs.
Some attribute LTC’s rally to the ‘Venezuela effect’, as the South American government recently approved a crypto remittance service to allow citizens to transfer BTC and LTC.
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Others point to Litecoin’s recent efforts to improve security & privacy by partnering with Beam, as well as its upcoming ‘halving’ event.
- Starbucks (100+ new mentions in last 36hrs)
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Starbucks denies The Block’s report that US customers might soon be able to pay for a frappucino with Bitcoin.
Instead, the chain says it will work with Bakkt - a crypto payment platform that it reached an equity deal with - to develop ways for customers “to convert their digital assets into US dollars, which can then be used in our stores”
![](https://production-sanbase-images.s3.amazonaws.com/uploads/8427468f6d37aeb675ad859d98adcfbcaa425a263f40e1e12024a4674a66a16b_1551996533435_STARB.png)
- Trx (160+ new mentions in last 24hrs)
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Several Tron-related developments in the last few days got the crowd talking:
- Tether (USDT) is introduced to the TRON Blockchain; its TRC20 token will exist alongside the Bitcoin’s Omni layer and ERC-20 iterations
- 2nd biggest exchange by daily volume, OKEx launches support for TRX on its Customer-to-Customer market
![](https://production-sanbase-images.s3.amazonaws.com/uploads/76133b02eb44b4d669e9a6b10332c952fcee6c5fbb8e371522d64604682b561a_1551996728178_OKEX.png)
The announcements did little to offset TRX’s downward trend, however - the coin lost 3.6% in the past week and 1% over the past 24hrs.
- App (1700+ new mentions in last 24hrs)
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Similar to TRX, App also appears to be trending for two separate reasons:
- Denver will use a smartphone app based on blockchain technology for municipal elections, aimed at active-duty military and overseas voters
- Rumours suggest Samsung S10’s built-in crypto wallet app may circumvent Bitcoin, only support Ethereum at launch.
![](https://production-sanbase-images.s3.amazonaws.com/uploads/f4e4c7cd924e805e0862ab660e5c971cb36ca7ee6bd2676cff2f314ffed93f43_1551997034171_app1.png)
- Zcoin (100+ new mentions in last 36hrs)
![](https://production-sanbase-images.s3.amazonaws.com/uploads/aa850774d26d672de2027eede39dc771aa4c1f823bf8b61935185e89ceb5af06_1551996992378_zcoin.png)
As part of its ongoing series of community AMAs, Binance recently hosted Zcoin cofounder Reuben Yap on their main Telegram group.
![](https://production-sanbase-images.s3.amazonaws.com/uploads/d785a1af68180cf1511bdb54ba88d9132d69d24b9aacd40c303df204dab9e323_1551997100954_zcoin1.png)
Among other things, Reuben discussed Zcoin’s roadmap, POW, comparison to other privacy coins, and gave away some 100 $XZC in the process.
As always, visit SANbase to explore these and other trends in more detail!
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