Cardano (ADA) and itcoin">Bitcoin (BTC) are generating massive buzz across social media platforms, according to data from crypto analytics firm Santiment.
For Cardano, the excitement stems from the upcoming Chang hard fork, which founder Charles Hoskinson has touted as a game-changing update. It will usher in a new community-driven governance model during Cardano’s “Voltaire” roadmap phase. Hoskinson believes this will give Cardano the most advanced governance system of any blockchain.
itcoin">Bitcoin’s social media engagement, on the other hand, is driven by its recent price movements. After nearly hitting $72,000 last week before being held back by strong jobs data, itcoin">Bitcoin is currently trading around $69,920. The $70,000 level is a key battleground as bulls and bears fight for control. Comparisons of itcoin">Bitcoin’s market cap to tech giants like Apple are also fueling online discussions.
While social media buzz is high for both cryptocurrencies, only time will tell if it translates into tangible gains. The broader crypto community remains captivated by these fast-moving developments.