Kingdom

Reddit

United

Uniswap

<div class="cryptonews">
 <p class="is-style-lead">Redditors appear to have an enthusiastic view toward <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currencies, as 84% of <a rel="noopener noreferrer nofollow" title="discussions" href="https://thebittimes.com/tag/discussions.html">discussions</a> in 2023 were <a rel="noopener noreferrer nofollow" title="positive" href="https://thebittimes.com/tag/positive.html">positive</a>.</p>
 <p>According to CoinWire, which analyzed over 20,400 posts on Reddit over the last 12 months, the majority of discussions on the platform “were full of positivity,” suggesting investors are anticipating a rally in the foreseeable future. As noted by the firm, enthusiastic community members are “embracing cryptocurrencies, and this vibrant online platform reveals their upbeat outlook.”</p>
 <p>However, the same cannot be said for X, where out of 19,470 crypto-related tweets, only 65% conveyed a positive sentiment.</p>
 <blockquote class="wp-block-quote">
  <p>“But that’s not all; the United Kingdom takes the lead in this global cheer, with more than 72% of crypto-related tweets from this region being positive.”</p>
  <p>CoinWire</p>
 </blockquote>
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 <p>The most optimistic <a rel="noopener noreferrer nofollow" title="discussions" href="https://thebittimes.com/tag/discussions.html">discussions</a> on social media were centered around stablecoin Tether (USDT), Solana (SOL), and Uniswap (UNI), with 88% of conversations about these coins being filled with positivity, CoinWire said.</p>
 <figure class="wp-block-image size-large"><picture decoding="async" class="wp-image-14231791">
   <source type="image/webp" srcset="https://cdn.thebittimes.com/images/2023/12/27/1d513c0e02bb41d6b759ea7531ec25c8.webp.webp">
   <img decoding="async" width="1024" height="528" src="https://cdn.thebittimes.com/images/2023/12/27/1d513c0e02bb41d6b759ea7531ec25c8.webp" alt="Over 80% crypto discussions on Reddit were positive in 2023, data shows - 1"> 
  </picture>
  <figcaption class="wp-element-caption">
   Crypto sentiment in 2023 | Source: CoinWire
  </figcaption>
 </figure>
 <p>Concerning Bitcoin (BTC), investors also express enthusiasm, albeit with only 75% of online discussions reflecting optimism about the largest cryptocurrency by market capitalization.</p>
 <p>Binance’s BNB token appears to be the outsider, as more than 30% of its discussions scored negative sentiment.</p>
 <blockquote class="wp-block-quote">
  <p>“The negativity is so distinct, with one Reddit user, in a <a rel="noopener noreferrer nofollow" title="discussion" href="https://thebittimes.com/tag/discussion.html">discussion</a> titled Beware of Binance Coin.”</p>
  <p>CoinWire</p>
 </blockquote>
 <p>In total, the <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> landscape in 2023 unfolds as a wave of unwavering optimism, CoinWire indicates, adding that throughout the year, <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> assets have demonstrated remarkable resilience, firmly upholding their position as alternative financial instruments in the financial ecosystem.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/over-80-crypto-discussions-on-reddit-were-positive-in-2023-data-shows-tbt74864.html">https://thebittimes.com/over-80-crypto-discussions-on-reddit-were-positive-in-2023-data-shows-tbt74864.html</a></p>

Over 80% crypto discussions on Reddit were positive in 2023, data shows

TheBitTimes

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