Over the past seven days, the top trending words on cryptocurrency social media are “dip”, “buy” and “Fed”. Plus, the word “sell” fell out of the top 10 trending topics last night despite spiking sharply on Tuesday.
According to crypto market data aggregator Santiment, social media users from Meta to Telegram to Twitter have formed a choir and they’re all singing from the same hymn sheet. “Dip” and “buy” are the top one and three trending words, while “Fed”, or Federal Reserve, sits at number six.
The behavior analysis and monitoring platform Santiment sheds light on social volumes for words on crypto social media which can be indicative of overall sentiment. It works in a similar way to the Fear and Greed Index which currently shows a