Cryptocurrency analysis firm Santiment recently highlighted four altcoins that showed strong returns this week, despite Bitcoin’s underperformance. Solana (SOL), Jito (JTO), Jupiter (JUP), and Cosmos (ATOM) were among the major cryptocurrencies that remained in the green zone.
Furthermore, the data indicates a growing interest in memecoins as Bitcoin fails to meet expectations. Analysts suggest that this shift in attention may signal potential opportunities in this segment of the market.
Looking ahead, Santiment analysts shared their market forecast for the upcoming week. If the current market trend continues, there could be a shift towards fear, uncertainty, and doubt (FUD), potentially leading to a market rally in the following week.
In a separate analysis, Ethereum’s whale activity reached a 6-week high while the price dipped to $2,380 on Friday. This accumulation by key holders with significant capital may not immediately impact the price, but it is seen as a positive sign for the future price movement of ETH.
Please note that the above information is not investment advice and should be used for informational purposes only.
