Top 3 Cryptos Seeing ‘Abnormally’ High Levels of Interest: Details
Release: 2024/10/08 21:30 Reading: 848
Top Cryptocurrencies with High Trader Interest
Bitcoin (BTC) leads trader interest this week due to optimism regarding "Uptober" and increasing institutional attention. Meme coin Neiro (NEIRO) follows, recently reaching an all-time high.
Leaders
According to crypto analytics platform Santiment, Bitcoin (BTC) saw an "abnormally high level" of trader interest. Optimism among community members and analysts regarding a potential "Uptober" bull run fueled social media discussions.
Additionally, "growing institutional interest in Bitcoin" anticipates spot ETFs, adding to the discussions.
BTC has experienced volatility, dropping to $60,000 and later rising to nearly $64,000 before stabilizing around $62,500.
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Neiro (NEIRO)
Viral meme coin Neiro (NEIRO) ranked second for discussions. On October 7, it hit an all-time high, boosting its market cap near $800 million. NEIRO is currently the ninth-largest meme coin, a significant achievement for an asset introduced two months ago.
Santiment reports whales entering its ecosystem by swapping PEPE tokens, indicating "growing interest and investment."
Bitget's BGB
Bitget's native token, BGB, rounds up the top 3. Discussions centered around its double-digit price collapse on October 7.
According to CryptoPotato, the incident saw BGB drop from $1.14 to $0.64 before recovering.
Bitget attributed the volatility to "market conditions" and promised to fully compensate users for losses. They emphasized user asset security and ongoing efforts to optimize risk management and trading environment stability.
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