Study finds the most popular cryptocurrencies in Russian social media users-

Study finds the most popular cryptocurrencies in Russian social media users-

In a year with increasing crypto prices, online gossip over cryptocurrencies significantly increased. Research carried out in the Russian social media showed that coins are most discussed, and it is not just Bitcoin in people's minds.

experts list the most frequently mentioned cryptos in Russian social media

Brand Analytics, a company specializing in media observation in the GUS area, in which the most popular crypto drives after Frequency of their appearance in Russian -speaking discussions on social media are classified. In order to evaluate the interest in crypto topics, his experts analyzed over 2.4 billion public news with more than 46.7 billion words published in October 2021.

 for Russian social media users

With the help of clustering technology, the researchers discovered over 600 name variants, including synonyms that relate to cryptocurrencies that were mentioned by Russian-speaking users last month in their contributions. In addition to the standard "биткоин", the Cyrillic spelling of Bitcoin, the statistics contain words such as "биток", "биткоинges" as well as the Latin "Bitcoin", " btc , "and others.

bitcoin ( btc ), the worldwide cryptocurrency after market capitalization leads the list of 10 most popular with 4,415,200 Digital coins in Russian -speaking social media from Brand Analytics. The StableCoin-Tether ( usdt ) is second with 855.800, litecoin ( ltc ) third place with 424.300 and Ethereum ( eth ) with 417,900 mentions in fourth place.

xrp follows with 217.400 mentions, closely followed by doge with 216.300. Solana (Sol) occupied seventh place with 196,900, Monero ( xmr ) is in eighth place with 177,900 mentions, followed by Bowscoin (BSC) with 158,400. With 122,000, Travala (AVA) completes the list of 10 leading cryptocurrencies through mentions in Russian social media.

The authors of the Learn Note that a rally for Bitcoin has taken place this year ( btc ), with the price per coin more than once reach an all-time high. The records include btc He reached almost 67,000 USD in October and approached in early November of the 69,000 USD brand.

 for Russian social media users

According to the analysts, the interest of the Russians in crypto topics has not yet reached its climax. "There are thousands of various cryptocurrencies in the world, of which only 600 are mentioned in Russian -speaking countries," they notice and point out that Russia has great potential than recently entering the top 3 bitcoin-mining destinations.

The penetration of cryptocurrencies will increase, the researchers predict and the interest in crypto will continue to increase. Currently, cryptocurrencies in Russia and the associated activities such as Coin The embossing have only been partially regulated, mainly through the law "on digital financial assets". The Russian authorities are preparing to tackle a number of other regulatory aspects, including those in connection with mining and taxation.

How do you assess the results of the study on the popularity of cryptocurrencies in Russian social media? Let us know in the comment area below.

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