Santiment: Silver and gold are trending more than cryptocurrencies on social media
PANews January 28th news, according to Cointelegraph, Santiment data shows that as precious metal prices rise, discussions about silver and gold on social media have surpassed those about cryptocurrencies for most of this month. The topic of gold surged in the second week of January as gold prices hit new highs, dominating social discussions from January 8th to 18th; after a brief rebound in cryptocurrency discussions in the third week of January, silver has once again become the social focus recently as silver prices reached historic highs.
Santiment analysts pointed out that cryptocurrency traders typically switch between different digital asset sectors (such as meme coins, AI tokens, and blue-chip coins) to chase hotspots. Currently, retail investors have shown a tendency to switch across asset classes, with their interests shifting to gold, silver, and even stocks, following the latest rising assets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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