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Crypto analytics firm Santiment has identified the three most trending cryptocurrencies over the past 24 hours. According to their latest analysis, Bitcoin (BTC), Solana (SOL), and Cat in a Dog’s World (MEW) have captured significant attention within the community during this period.
Bitcoin (BTC) Hits 25-Day High
It’s no surprise to see Bitcoin on the list. Santiment’s report highlights that BTC‘s surge in popularity stems from the coin reaching its highest price level in 25 days, driving renewed interest among traders and investors.
Solana (SOL) Gains Attention Due to New Smartphone Release
Solana’s spot in the trending list is attributed to the release of its Solana Seeker smartphone. The phone has already sold an impressive 140,000 units, contributing to SOL‘s rise in visibility and investor interest.
Cat in a Dog’s World (MEW) Rises with New Listings and Airdrops
Lastly, MEW, a memecoin, has gained traction following its listing on South Korea’s largest crypto exchange, Upbit, and a series of airdrop events. As of this writing, MEW ranks 114th among the largest cryptocurrencies by market capitalization.
Santiment analysts responded to questions about whether MEW could be a scam, stating, “It’s likely too early to give a definitive opinion. We currently lack sufficient developer activity data, but we’ll provide a clearer answer once more information becomes available.”
