NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Social Media Turns Bullish On Dogecoin, Solana As Market Rebounds

Keshav Verma
Keshav Verma
4 months ago
2 mins read
Dogecoin

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Data shows the social media sentiment around Dogecoin and Solana has seen a significant improvement following the market turnaround.

Social Media Is Now Bullish On Dogecoin, Solana, & Cardano

In a new post on X, the analytics firm Santiment has discussed what sentiment the traders on social media currently hold toward the various top assets in the cryptocurrency sector. The metric of relevance here is the “Positive/Negative Sentiment,” which, as its name suggests, tells us about how the bullish and bearish sentiments related to a given asset compare on the major social media platforms.

Related Reading

Dogecoin

Massive Dogecoin Rally Incoming? Experts Point To Over 1,000% Upside

5 months ago

This indicator works by putting the posts/comments/messages present on the platforms through a machine-learning model to separate between positive and negative ones. It then takes the ratio of these counts to calculate the net situation around the coin. When the Positive/Negative Sentiment has a value greater than zero, it means the bullish posts outweigh the negative ones. On the other hand, it being under the mark implies the investors as a whole share a negative sentiment.

Now, here is a chart that shows the trend in the indicator for six top coins: Bitcoin (BTC), Ethereum (ETH), XRP (XRP), Dogecoin (DOGE), Solana (SOL), and Cardano (ADA):

Dogecoin vs Solana Sentiment
Looks like the metric’s trend hasn’t been uniform across these assets | Source: Santiment on X

As displayed in the above graph, the Positive/Negative Sentiment has witnessed an increase for Solana, Dogecoin, and Cardano recently, suggesting the sentiment around the assets has improved. Out of these, traders are the most positive toward SOL, with its bullish comments being around six times the bearish ones. The metric has a value of around 3 for ADA and 2 for DOGE.

The improvement in sentiment for Dogecoin and others has come after a sector-wide rebound in prices. Interestingly, while the bullish wave has made investors more optimistic about these coins, it has failed to do so in the case of Bitcoin, Ethereum, and XRP, the top three cryptocurrencies by market cap.

The indicator is sitting close to the neutral zero level for these assets, which implies there are about as many positive posts as negative ones. This fact, however, may not actually be bad for BTC and the crypto market.

Related Reading: Analyst Says Bitcoin Fun Will Begin When This Flip Happens

Historically, digital assets have tended to show moves in a direction that’s opposite to the expectations of the majority. This means that an overly bullish crowd can lead to tops, while an extremely bearish one can result in bottoms.

Thus, the hype around Dogecoin, Solana, and Cardano may act to the detriment of their prices, while Bitcoin, Ethereum, and XRP could have bullish room to run before they reach a top.

DOGE Price

At the time of writing, Dogecoin is floating around $0.352, up more than 2% over the past week.

Dogecoin Price Chart
The price of the memecoin appears to have seen a rise in the past day | Source: DOGEUSDT on TradingView
Featured image from Dall-E, Santiment.net, chart from TradingView.com
Tweet123Share196ShareSend
Keshav Verma
Keshav Verma

Keshav Verma

Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021.

Read more

Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to.

In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions.

Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true.

Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn’t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment..

Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form.

Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new.

As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money.

Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn’t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs.

Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

狗狗幣價格疲軟引發資金外流 Solaxy成新一代迷因幣接棒預售5千萬剩最後4天

進入2025年中旬,Dogecoin這個曾經家喻戶曉的迷因幣,正在失去往日光環。雖然去年底一度突破0.5美元關口,甚至因「政府效率部門(Department of Government Efficie...

Kelvin Lee 2 days ago
Altcoin

Altcoin Season Just Flashed A Golden Cross Amid Crypto Market Recovery

Crypto analyst InvestingScope has drawn market participants’ attention to a major occurrence that hints at an imminent altcoin season. The...

Scott Matherson 2 days ago
DeFi

Solana-Linked $1 Billion DeFi Dream Crushed By SEC Intervention

DeFi Development Corp. hit a major roadblock this week when the US Securities and Exchange Commission blocked its $1 billion...

Christian Encila 2 days ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Crypto analist: top 3 opkomende crypto's in 2025: PEPE, BONK & DOGE klaar voor breakout

Crypto analist: top 3 opkomende crypto’s in 2025: PEPE, BONK & DOGE klaar voor breakout

Lars Diederiksen 1 day ago
Dogecoin price news

This Analyst Predicted The Dogecoin Price Crash – Here’s The Rest Of The Forecast

Scott Matherson 1 day ago
Solana Approaches Critical Support Amid Middle East Conflicts – Can Demand Hold?

Solana Approaches Critical Support Amid Middle East Conflicts – Can Demand Hold?

Sebastian Villafuerte 1 day ago

Premium Sponsors

Top Brands

Press Releases

  • 2025’s Best Performing CloudMiner, Holding a Secret...

    10 hours ago
  • ETHRANSACTION Cloud Mining Will Help You Earn $0 to...

    1 day ago
  • アルトコイン急落時に注目すべき買いのチャンス|BNB・XRP・SOL・新ミームコインも登場

    ...

    1 day ago
  • ソラナ基盤の注目プリセールが4,900万ドル調達、仮想通貨投資家にとってローンチ前の最後の購入チャンス

    ...

    1 day ago
  • ドイツ企業が初のビットコイン準備資産化|今後仮想通貨1000倍が狙える注目の3銘柄

    ...

    1 day ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.