Ranking 2022: Bitcoin was the most hated cryptocurrency, ETH and SOL

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The last ten years have been formative for cryptocurrencies. During this time, it has evolved from an experimental notion to an established alternative to more conventional forms of investing. But this does not mean that people always have a favorable attitude towards all cryptocurrencies.

Interestingly, Bitcoin (BTC) is one of the most hated cryptocurrencies in the world, despite its widespread acceptability; at the same time, Ethereum (ETH) and Solana (SOL) are recognized as the most valued digital assets in the world while being competing blockchain networks, according to a study by Coin Kickoff which analyzed more than 835,000 geotagged tweets on top 100 cryptos, to discover the top 10 most loved and hated cryptos in the world.

The analysis used HuggingFace, an AI sentiment tracking tool that can detect positivity and negativity in online posts.

Ethereum and Solana are the most popular cryptocurrencies. Source: coin kickoff

Many consider DeFi to be the future of cryptocurrency because it offers a more diverse alternative to conventional financial services.

According to the data, the five most popular currencies marketed by Twitter users operate in this space, with Ethereum and Solana being the most popular and popular in 10 different countries, while Cardano (ADA) was the third most popular. loved it. in 6 countries.

2022 Bitcoin Price Drop Sparks Negative Twitter Buzz

Although blockchain technology and cryptocurrencies have vast unrealized potential, the market crash of 2022 caught the attention of many who had bet on the stability and long-term development of the sector. Both Bitcoin and Ethereum have lost large percentages of their 2021 value.

Yet, being the “original” cryptocurrency, its widespread notoriety makes it, in the eyes of many people, the safest investment available. Due to its unique ability to withstand the passage of time, it has become a popular investment option.

Bitcoin is the most hated cryptocurrency. Source: coin kickoff

Still, that hasn’t stopped some from complaining about Bitcoin’s 70% drop in value in 2022 on social media. Bitcoin is the cryptocurrency that has received the most negativity against it in 16 different countries.

Meanwhile, the Axie Infinity coin (AXS) is the most hated coin in seven countries. Its currency has suffered in 2022 due to lower demand for popular metaverse games of the same name, on which much of its value is based.

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