A burst of social chatter has vaulted MAGACOIN FINANCE into the leaderboards for social mentions this week, putting the political memecoin side-by-side with Bitcoin and Solana. Market-tracking outlets note that MAGACOIN FINANCE broke into the Top 10 most-mentioned tickers within crypto communities on social platforms.
This comes when its spot price is consolidating around $0.00010425, and all signs suggest the price action is driven by social buzz. Analysts note a sustained rise in daily mentions and references to the meme-powered altcoin, confirming a “sticky” narrative rather than a one-day spike.
MAGACOIN trading volume surges amidst a decline in Polkadot network activity
Interestingly, MAGACOIN FINANCE 24-hour volume routinely tops $3 million, almost triple the average in early June, suggesting that new mentions translate into actual trades. This contrasts with Polkadot (DOT) on-chain activity, which has been declining, with Q1 2025 transaction count falling 36.9 % to 137.1 million according to Messari.
Despite its declining network activity, DOT has been up more than 7% in the past week, suggesting bullish momentum, even if long-term performance tells a different story.
XRP Holds Above $2.20 With Bullish Underpinnings
Meanwhile, Ripple’s XRP keeps flashing relative strength with all signs suggesting that the token is primed to rally soon. The token has managed to sustain its performance as one of the most resilient altcoins this year, gaining 7% in the past week according to CoinMarketCap data.
Positive sentiments around XRP’s future are fuelling its strengths. The odds of ETF approval for the token are now very high given its expected settlement with the US Securities and Exchange Commission. Ripple recently applied for a US bank license from the Office of the Comptroller of the Currency, which is the biggest signal that it expects all regulatory challenges to end.
Compared to Polkadot, XRP Ledger has also experienced a surge in onchain activity, with payments dominating transaction volume on the network. According to Dune Analytics, almost 60% of weekly transactions on XRPL are related to payments. However, DeFi activity on the network is also growing, with new features expected to supercharge its DeFi sector.
Bottom Line: Social Buzz is key to MAGACOIN FINANCE rally
Social-media velocity often foreshadows price discovery, and MAGACOIN FINANCE is already proving that with a positive correlation between its price performance and social credentials. Analysts believe the token could see a breakout above $0.00011 if the social mentions continue to grow, allowing crowd sentiment to fuel its rally.
This will not be the first time this has happened, as XRP also enjoys strong support from the XRP Army community, contributing to its continued resilience among altcoins. With MAGACOIN FINANCE, it’s a blend of narrative-driven utility and community-focused approach that allows it to quickly become a fan favorite in the crypto sector.
To learn more about MAGACOIN FINANCE, visit:
Website: https://magacoinfinance.com
Twitter/X: https://x.com/magacoinfinance
Telegram: https://t.me/magacoinfinance
Continue Reading: MAGACOIN FINANCE Enters Top Mentions at $0.00010425 While Polkadot Volume Declines and XRP Stays Strong
