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Santiment Reveals Altcoins With “Highest FUD”, Says Price Movement Is Usually Opposite to Expectation

By admin On Oct 24, 2024

Cryptocurrency analysis company Santiment talked about altcoins with high FUD levels in its latest post.

According to analysts, the cryptocurrency market, along with US stocks, has undergone a correction, leading to increased speculation among traders that the bull rally is over. According to Santiment, some altcoins with a market cap of over $500 million are showing signs of FUD as the optimism of the crowds turns to doubt.

Here are the cryptocurrencies that have seen increased FUD levels lately, according to Santiment:

Chainlink (LINK) – -%371
Bitcoin (BTC) – -%226
Goatseus Maximus (GOAT) – -118%
Dogecoin (DOGE) – -%157
XRP – -%186
Pepe (PEPE) – -%574
Filecoin (FIL) – -%380
Shiba Inu (SHIB) – -719%
EigenLayer (EIGEN) – 20%
Beam (BEAM) – -%425

Santiment reminded that even the most established projects in the cryptocurrency market are highly speculative. According to analysts, markets often move against the crowd, which means that the bearish sentiment surrounding these coins could backfire.

*This is not investment advice.

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