The leading cryptocurrency that did not experience significant price changes over the weekend Bitcoin It decreased by 1.47 in the last 24 hours.
With this fall BTCWhile approaching the $26,000 mark, declines were seen in some altcoins.
At this point from Santiment altcoinA post about the following has arrived.
Comparing Bitcoin and altcoins centimeterHe said that BTC’s discussion rate compared to altcoins has reached its lowest level in the last 3 months.
Santiment also LOOM, CREAM, and SXP Stating that smaller altcoins such as are more discussed by investors, he said that this generally shows the greed of the market.
“Bitcoin’s discussion rate compared to altcoins has reached its lowest level in the last 3 months.
Smaller projects like LOOM, CREAM, SXP are seeing increases in investor chatter, often indicating the market’s greed for these altcoins. “
🗣️🤑 #Bitcoin‘s ratio of discussions compared to #altcoins has just hit a 3-month low as traders look elsewhere to #FOMO in ten #crypto pumps Smaller projects like $LOOM, $CREAMand $SXP are seeing surges in chats, which typically indicates market greed. https://t.co/1WaB9rKRSp pic.twitter.com/tcIodzGPaf
— Santiment (@santimentfeed) September 25, 2023
The popular analysis company, which tries to measure the emotional reflexes of cryptocurrency investors while the greed in the market creates an expectation of a correction, is calculated based on the trends of market volatility, market volume acceleration, social media interest, Bitcoin dominance chart and types of research on cryptocurrencies on the internet, “fear and greed index” Today it is calculated as 47 points out of 100 and is neutral.
When the index is at a neutral value, it means that the market is neutral, neither too fearful nor too greedy. It indicates that the market is in a state of balance, with investors not being overly optimistic or pessimistic about the future prospects of the crypto market.
“LINK Price Increased 23 Percent in 2 Weeks!”
Santiment, apart from these altcoins ChainlinkHe also evaluated the performance of.
Santiment pointed out that Chainlink was one of the best performing cryptocurrencies of September. LINK He said that the price increased by 23% in 2 weeks.
“Chainlink continues to be one of the best performing cryptocurrencies of September.
Unlike many other assets, when LINK moves to exchanges its price usually sees the first rise. Since the foreign exchange supply has now returned to cold wallets, it has caused the price to increase by 23% in 2 weeks.”
LINK is trading at $7.23 at the time of writing.
🔗👍 #Chainlink continues to be one of the best #crypto performers in September. Unlike many other assets, its price often sees an initial lift when $LINK moves to exchanges. Its price is +23% in 2 weeks as exchange supply now flows back to cold wallets. https://t.co/mocTwCW3vR pic.twitter.com/juDXb70iTX
— Santiment (@santimentfeed) September 25, 2023
*This is not investment advice.
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