Santiment Shares the Most Trending Altcoins Right Now and Why!
Release: 2024/10/08 17:09 Reading: 839
Top Cryptocurrencies Catching Market Attention
As crucial US CPI and PPI data are anticipated this week, three cryptocurrencies have sparked interest in the market: Bitcoin (BTC), NEIRO, and Bitget's native token, BGB.
According to Cryptocurrency analysis firm Santiment, investors are expressing significant interest in these assets:
- Bitcoin (BTC): Analysts anticipate a potential bull run during "Uptober" and in 2024, boosted by institutional interest and the possibility of more spot ETFs.
- NEIRO: Significant whale transactions involving the exchange of PEPE for NEIRO suggest growing investor attention and investment.
- Bitget (BGB): The token experienced a sharp decline of over 50% on Monday, raising concerns about market manipulation and liquidity issues. The exchange is offering compensation to traders and holders.
Traders' Interest
According to Santiment, the cryptocurrencies receiving abnormally high trader interest at the start of the week include:
- Bitcoin (BTC)
- NEIRO
- Bitget (BGB)
The firm highlighted that this analysis should not be considered investment advice.
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