Social Relevance — Market Cap Divergence 🔥
Now, here's an interesting one!
I reviewed hundreds of tokens and found the ones with the most significant divergence between their social relevance and market cap.
The chart below summarizes the result of the top 5 tokens with the highest divergence.
So, let's go through:
‣ Each bar is scaled from 0-100
‣ The dark blue bar shows you the discrepancy between social relevance and market cap.
‣ The number in the light blue shows you the social relevance rank, whereas the number in the purple part shows you the market cap.
Example: ALGO ranks 25th among the relevance in social media but only 87th in terms of market cap.
What does it tell you:
‣ Typically, social relevance and market cap are rather close, and we can expect the divergence to narrow.
‣ Social media often "front-runs" market cap —as long as the sentiment is positive.
Here's the data in detail:
Social Rank: 25 — Market Cap Rank: 87
Celestia $TIA
Social Rank: 24 — Market Cap Rank: 83
Social Rank: 35 — Market Cap Rank: 89
Popcat $POPCAT
Social Rank: 14 — Market Cap Rank: 68
Social Rank: 37 — Market Cap Rank: 88