Pay attention to these altcoins: "They remained strong even if Bitcoin fell"

Despite the leader cryptocurrency Bitcoin's decline to $94,000, investors continued to trust altcoins.

According to the on-chain analysis platform Santiment's data, demand for altcoins with high trading volumes did not decrease despite the decrease in the price of Bitcoin. Santiment highlighted SAND, XLM, and ETH.

On November 26th, Santiment, which shared on X, stated that investors are still trading in hot (expectation-creating) altcoins and researching potential altcoins.

Altcoins continue to be in demand

According to Santiment's social sensitivity data, as the price of Bitcoin (BTC) moves away from the peak, traders are turning to several altcoins.

Investors are mainly talking about SAND, XLM, and ETH. This social interaction triggers the rise of these cryptocurrencies.

Despite the decrease in the price of Bitcoin, SAND is at the top of the list of altcoins that are attracting attention. Santiment, stating that "Investors are increasingly confident in tokens related to the metaverse, especially SAND," emphasized that the outlook in this category is positive.

Santiment's social indicator table mainly includes altcoins that are susceptible to speculation. Especially XLM continues to rise in line with the rise in XRP and the demand in the Asian market. Santiment believes that the market analysis of XLM on social media attracts new investors.

ETH, which is among the top three most talked about altcoins, stands out in the news especially with its price performance, unlike other cryptocurrencies. Investors are discussing on social media platforms that ETH is "cheap" and can reach record levels.

Other altcoins that have recently received intense attention on social media are as follows;

• Pleasure Token (NSFW)
• Tornado (TORN)
• Axie Infinity (AXS)

Cryptocurrency analyst Moustache supports Santiment's data. The analyst predicts that altcoins are still in the early stages and that the real rally will start soon.

This article does not contain investment advice or recommendations. Every investment and trading activity involves risks, and readers should conduct their own research when making decisions.