Santiment, a cryptocurrency analysis company, has shared the most trending altcoins in the market right now. According to Santiment, Bitcoin (BTC), NEIRO, and Bitget’s native cryptocurrency BGB are garnering significant attention from investors.
Bitcoin continues to be a popular choice among investors, as analysts and community members remain optimistic about the potential for a bull run in “Uptober” and in 2024. The increasing institutional interest in Bitcoin, particularly with the possibility of more spot ETFs, adds to its appeal.
NEIRO is also gaining attention due to large transactions where whales swap PEPE for NEIRO. This indicates a growing interest and investment in the cryptocurrency.
On the other hand, Bitget’s native cryptocurrency BGB experienced a sharp decline of over 50% on Monday. This sudden drop raises concerns about market manipulation and liquidity issues. As a response, the exchange is providing compensation to traders and holders.
These altcoins are currently capturing the interest of traders, but it’s important to note that this information is not investment advice.