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XMR’s Decline on the Social Front has More to Show Than just Bearish Signals

1 min read Original Link

Privacy-focused cryptocurrency Monero [XMR] faced investor concern recently as its social metrics decreased. Based on revelations from Santiment, not only did the social volume shrink, but its social dominance followed suit. Santiment’s on-chain data showed that XMR’s social dominance had initially spiked to 3.576% on 19 November. However, it did not take long for the dominance to drop significantly to 0.464%. This state implied that XMR was not near the top of asset discussions across the crypto ecosystem. (AMBcrypto)

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