👍👍Santiment: Bitcoin and Altcoins Have Been Sounding Alarm for Two Weeks! Is It Healthy? 👍👍

According to the latest data published by Santiment, the general mood of investors in the crypto market has shifted from a bull market to a bear market in a worrying way in the last two weeks.

While interest in meme coins has decreased rapidly, especially after the corrections in the market values ​​of altcoins, Bitcoin has become the main focus of investors again.

Meme Coin Market in Stagnation Phase

According to the charts, there is a significant decrease in the social dominance of meme coins (especially popular tokens such as Dogecoin). This loss of interest in meme coins is parallel to a general decline in the altcoin market. This situation shows that investors are looking for safer assets and are turning to Bitcoin.

Bitcoin's social dominance is showing a significant increase. According to Santiment data, Bitcoin is attracting more attention not only with the increase in its price, but also with its share in market discussions. This increasing interest confirms that investors tend to avoid risk and turn to Bitcoin as a safe haven.

Is the Market Stagnation Healthy?

Santiment emphasizes that such corrections and market fear ("FUD" - Fear, Uncertainty and Doubt) are part of a healthy cycle in the crypto market. This stagnation in the market can create new opportunities for patient investors.

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