Cryptocurrency analytics platform Santiment is seeing some exciting activity in the market, with several coins showing signs of growth.
Ethereum-Based Coins Showing Strength
Render (RNDR), a blockchain for GPU rendering, Aave (AAVE), a money market protocol, and Maker (MKR), a decentralized finance protocol, are all seeing increased network activity. This is a good sign, as it suggests more people are using these platforms, which could lead to future price increases.
Render is up slightly in the last week, Aave
is up over 23% in the last week, and Maker is up over 28% in the last seven days.
Social Buzz Could Drive Litecoin and XRP Higher
Santiment is also seeing a lot of buzz on social media for XRP and Litecoin (LTC)
. This “fear of missing out” (FOMO) could lead to a price increase, but it’s important to remember that these coins could also be risky investments.
Litecoin is up 2.4% in the last 24 hours, while XRP is up nearly 7% on the day.
Bitcoin’s Surge and a Memecoin to Watch
Bitcoin (BTC) is the most discussed digital asset after its recent price surge, which could indicate more upside potential. Santiment is also keeping an eye on Popcat (POPCAT), a memecoin on the Solana (SOL) blockchain, which is gaining popularity among traders.
Bitcoin is up slightly in the last 24 hours, while Popcat
is up 8.2% on the day.
Remember, this is just an analysis of current market trends. Always do your own research before investing in any cryptocurrency.