Very interesting chart – Ethereum is gaining on Bitcoin in terms of social media mentions:
During August it was still predominantly behind but then it started to gain momentum and on 15. September for the first time (at least for a day) overtook Bitcoin in terms of mentions. Bitcoin then regained a clear advantage for some time while in the last month the social media prominence of both are again more comparable. So enthusiasts of both coins should be happy – Bitcoin is in a great rally in the last few months while Ethereum is also gaining in social media domain and in flurry of development activity.
Returns of the last 24hours are mixed. While Bitcoin is down around 1.5% others like Ethereum, Bitcoin Cash, Ethereum Classic, Dash are up. Ethereum Classic has actually made over 20% over the last 24 hours.
EOS is really an outlier in the last weeks return. Bitcoin Cash also made a nice return in a week.
Sentiment of ICO posts in the last few months. Holding up well after reaching low on China ban. China ban almost halved sentiment of ICO posts overnight. But since then it has nicely recovered. The number of posts about ICO is however down from the heights of August. That will be the topic of an upcoming post.
Ethereum had a great sentiment reversal on 2. November at 11h (UTC). +6% in a day to make some money in ETH as well which is not in a bull trend for months now. So the potential for profit is mostly in some short-term trading.
Among the top 10 cryptocurrencies in terms of market cap DASH currently has the highest social media sentiment. After DASH come Litecoin and Monero.
The sentiment comparison between Bitcoin and Bitcoin Cash in the last few months is showing that the Bitcoin has a higher sentiment which never went to negative values. Bitcoin Cash has a more volatile sentiment which despite sometimes negative values is predominantly positive.