Data from Santiment indicated that altcoins DOT, AVAX, and LDO saw some growth in their market caps.
BTC’s social volume has been dropping, which could be an indication of a slight crowd greed bias in the market.
BTC’s 0.23% decline in market dominance underscores Santiment’s statement that attention is shifting towards altcoins.
The market intelligence platform Santiment shared in an X post today that altcoins like Polkadot (DOT), Avalanche (AVAX), and Lido DAO (LDO) have seen some growth in their market cap. According to the post, this could be due to the fact that the Bitcoin (BTC) price keeps looking to target $40K before 2024.
