Crypto analytics firm, Santiment, noted that the crypto community has shifted towards a bearish sentiment. This has affected some major assets like Chainlink, Ethereum, Bitcoin, Solana, and XRP.
This downturn occurred during a mild slump in the crypto market. Santiment noted that historically, assets that face the most negative crowd narratives often have the highest potential for future price increases. They presented a list of the top 20 altcoins that are currently seen in a negative light:
Read Also: Top Ripple Analyst Predicts XRP Price Surge as Support Holds – Is $0.65 Next?
Chainlink ($LINK)Ethereum ($ETH)Bitcoin ($BTC)Solana ($SOL)XRP ($XRP)Optimism ($OP)Polygon ($MATIC)Sui ($SUI)Cronos ($CRO)Fantom ($FTM)Avalanche ($AVAX)Cardano ($ADA)Render ($RENDER)Floki ($FLOKI)Pepe ($PEPE)Toncoin ($TON)Filecoin ($FIL)Injective ($INJ)Shiba Inu ($SHIB)Tron ($TRX)
Read Also: SUI Price Could Top Soon: Here’s Why
Celebrate Dogecoin and Make Big Gains with Doge2014!
Doge2014 raises 500K in days celebrating Dogecoin. Make potentially big profits and get in on exclusive airdrop!
Show more +Show less –
In response to this, DC (@DavidCo75478120) chimed in with humor, questioning whether this bearish sentiment was a common trend across all major cryptocurrencies. He remarked, “Is this like all the major cryptos? Lmfao.”
Santiment quickly clarified this point, stating that around 52% of assets with market capitalizations exceeding $1 billion are currently experiencing a more negative sentiment than their average rates. They reinforced that the 20 assets listed are those with the most pronounced bearish sentiments at this time.
Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.Get all our future calls by joining our FREE Telegram group.
We recommend eToro
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more Visit eToro Now Active user community and social features like news feeds, chats for specific coins available for trading. Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. Copy trading: allows users to copy the trades of leading traders, for free. User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
The post Crypto Community Turns Bearish on Chainlink, XRP, Solana and Other Top Altcoins, But… appeared first on CaptainAltcoin.