Shiba Inu (SHIB) ranked fourth in market sentiment

In Sentifi’s weekly ranking of the top 5 crypto by sentiment, Shiba Inu (SHIB) ranks fourth, with a score of 46 and an attention buzz of 16%.

Sentifi’s weekly ranking of the top 5 crypto: Shiba Inu in fourth place

Crypto ranking by sentiment

Like every week, this latest one that ended 24 June, AI platform Sentifi revealed its crypto sentiment ranking with Shiba Inu (SHIB) taking fourth place, with a score of 46 and an attention buzz of 16%.

Basically, Sentifi is a data provider that analyzes structured and unstructured data from social media, news, and blogs, and captures and makes sense of investment signals using its mature AI platform.

Coming in first place in the rankings for crypto sentiment was BitTorrent-New (BTT) with a score of 71 and an impressive attention buzz of 121%. Next comes Wrapped Bitcoin (WBTC) with a score of 63, and an attention drop of 13%. 

Then in third place comes Cronos (CRO), the cashback crypto that earned a sentiment score of 58 and a 7% increase in attention buzz. And, finally, here are the last two positions with Shiba Inu in fourth place and OKB (OKB) in fifth with a score of 44.

Crypto Sentiment: the case of Cronos (CRO)

The rise of Cronos (CRO) to the podium in Sentifi’s crypto sentiment rankings may be due to its latest news unveiled just last Friday

In fact, the famous app that uses crypto CRO, Crypto.com, had announced that it had integrated Apple Pay as a payment method. A service currently available only to users in the United States. 

It was news that perhaps caught the market’s attention in a positive way from investors, following the introduction of an update to Crypto.com’s Visa Card rewards program early last May which instead reduced all cashback and stacking rewards. 

Crypto sentiment and pricing.

Analyzing Sentifi’s crypto sentiment and price trends of the top 5 cryptocurrencies, here is how prices have varied over the past 7 days: 

    • BTT is pumping 10%
    • WBTC is pumping 3%
    • CRO is pumping 11%

In the specific case of SHIB, according to WhaleStats it appears that in the past week, SHIB has returned to the top 10 assets by trading volume among the 100 largest ETH Whales. 

“JUST IN: $SHIB @Shibtoken now on top 10 by trading volume among 100 biggest #ETH whales in the last 24hrs. Check the top 100 whales here: https://whalestats.com (and hodl $BBW to see data for the top 5000!)”.


Source: https://en.cryptonomist.ch/2022/06/27/shiba-inu-fourth-market-sentiment/