Social media has grown to become a major channel for driving narratives about topics of public interest, and the players in the crypto space have moved to capitalize on this effective channel.
A case in point is the recent surge in Dogecoin’s price after teenagers on TikTok aggressively touted the idea of the crypto reaching $1 in price. Within 48 hours, Dogecoin surged a staggering 150%, taking everyone by surprise.
Now, Tron’s Justin Sun has taken to twitter to opine that BitTorrent (BTT) could be the next crypto to gain from a popular sentiment on TikTok. It’s notable that BTT was produced by TRON, making Justin’s utterance an effort to step for his own creation. Justin Sun was responding to a twitter poll created by the Gate.io Exchange.
The Poll
The poll listed 4 cryptos, namely BTT, ADA, HOT, and XLM. Users were to vote for whichever they thought would be the next big beneficiary after DOGE.
A look at the running results shows that 20.2% of the voters are for HOT, 23.9% are for XLM, 25.3% for ADA, and 30.6% for BTT. In that case, BTT currently posts the most votes.
However, the poll is still running for the next 6 days after which the final results will have accumulated. From the look of things, the poll is destined to post some pretty contested closing figures.
BitTorrent’s Current Standings
While a section of the users supported Justin’s opinion, indicating a pro-BTT stance, an opposing section didn’t really buy the vibe.
To some, Justin’s opinion was just an effort to pump up the price of BTT.
Source: Santiment
At the moment, BTT stands at position 86 on the market rankings, with around $77 million in market cap, $29.7 million in trading volume, and priced at around $0.000367. According to data on CoinMarketCap, the crypto is shown to have surged by around 8% in the day.
