CoinMarketSocial Releases the List of Crypto Assets that Gained the Most Followers in 2018
CyberMiles (CMT), Tron (TRX), Bitcoin (BTC), XRP and Binance Coin (BNB) have registered the largest number of new users during 2018. In a recent blog post CoinMarketSocial provides a clear idea about what happened in terms of followers for the most important digital assets in the space.
CoinMarketSocial takes into account the number of followers that cryptocurrencies have on Twitter, Facebook, Reddit and Telegram.
Although CyberMiles is not the most known cryptocurrency in the space – indeed is not among the top 100 – it has experienced a growth of 5,362% during 2018. This project provides blockchain solutions for the E-commerce industry. Back in October 2018, the firm released its mainnet and wants to become the next Ethereum (ETH).
At the time of writing this article, CyberMiles is the 138th coin in the space and it has a market capitalization of $17.87 million. Each CMT can be purchased for $0.022343.
According to CoinMarketSocial, the project attracted a large number of users between January and July 2018. However, this could be related to spending on ads on Twitter or other social networks.
Tron is the fourth crypto with the largest growth in 2018. Clearly, this one was a very positive year for Tron. The company released its mainnet earlier in 2018 and it also launched the Tron Virtual Machine (TVM) allowing developers to easily deploy dApps on its network.
At the same time, the Tron Foundation acquired BitTorrent and it has also released a new ICO to sell the so-called BitTorrent Token (BTT) that will be used on top of the BitTorrent platform. Tron registered 308,000 new followers during the last year. The fastest growth period was in between January and February 2018.
Currently, Tron is the 9th largest digital asset in the space. It has a market capitalization of $1.57 and each TRX coin can be purchased for $0.0236.
Bitcoin registered a 316,000 increase in the number of followers. Although the digital asset lost more than 80% of its value, the number of followers grew 51% in 2019, moving from 609k up to 926k followers. Bitcoin is currently being traded around $6,585 and it has a market cap of $62.71 billion.
XRP continues to grow as well. After becoming the second largest digital asset in the market, the number of followers has also increased. In 2018 it registered an increase of 101% in terms of followers. This year was very important for Ripple, that works with the XRP asset because it expanded the RippleNet to almost 200 clients around the world and it also launched new services such as xRapid. With xRapid, customers will be able to make fast transactions between borders with lower costs than using SWIFT.
Each XRP can be bought for $0.32 and it has a market capitalization of $13.21 billion. The cryptocurrency with the largest growth in the market in terms of followers was Binance. Binance is the largest cryptocurrency exchange in terms of trading volume in the last 24 hours. Additionally, the platform lists hundreds of different coins.
Binance has released the so-called Binance Coin (BNB) which gained an important presence in the market. Binance has grown from 216k to 899k followers, an increase of 682k followers during 2018.
Binance Coin is currently the 13th largest digital asset in the space. It has surpassed coins such as Monero (XMR), Dash (DASH) or ZEM (NEM). BNB has a market cap of $760 million and each coin can be purchased for $5.82.