{"id":566555,"date":"2023-12-22T15:00:19","date_gmt":"2023-12-22T15:00:19","guid":{"rendered":"https:\/\/wncen.com\/?p=566555"},"modified":"2024-06-11T08:44:31","modified_gmt":"2024-06-11T08:44:31","slug":"hottest-altcoins-bull-market","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/hottest-altcoins-bull-market\/","title":{"rendered":"Here Are The Hottest Altcoins To Buy As The Bull Market Returns – Santiment"},"content":{"rendered":"

As the <\/span>bull market returns<\/span><\/a>, market intelligence platform Santiment has provided some insights into altcoins that one should keep an eye on. This comes as other altcoins like <\/span>Solana (SOL)<\/span><\/a> and <\/span>Cardano (ADA)<\/span><\/a> are already leading the way on the back of a significant rally from both tokens.<\/span><\/p>\n

Four Altcoins To Keep An Eye On<\/h2>\n

In a <\/span>post<\/span><\/a> on their X (formerly Twitter) platform, Santiment highlighted ETH, SHIB, FET, and DENT as four altcoins to keep an eye on. These four crypto tokens are said to be seeing their top 10 respective exchange wallets move coins away from exchanges. This usually connotes a long-term bullish signal as it suggests that these wallets are moving the tokens to cold storage.\u00a0<\/span><\/p>\n

Related Reading: Renewed Hope For Crypto: 2023 Sets The Stage For A Monumental 2024<\/a><\/div>\n

The timing is also important. Many anticipate that the next bull run is around the corner, while some even say that <\/span>it has already begun<\/span><\/a>. Whatever the case might be, it is obvious that crypto investors are looking to position themselves ahead of the market boom that lies ahead. As such, the decline of these coins on exchanges could mean that some people are betting big on them.<\/span><\/p>\n

According to <\/span>further data<\/span><\/a> provided by Santiment, <\/span>Ether<\/span><\/a> has seen a 4.3% drop in the holdings of these top 10 exchange wallets in the last 3 months. In the same period, Shiba Inu (SHIB) and DENT have seen 2.7% and 1.5% drop respectively. <\/span>Fetch.ai\u2019s FET<\/span><\/a> happens to have been the most significant drop among the four at 26.1%.<\/span><\/p>\n

ETH will undoubtedly be among the altcoins that crypto investors will be keeping an eye on in the next bull run. If certain price predictions are anything to go by, the second-largest crypto token by market cap could be one of the best performers in the next cycle. For one, the Blockchain analytics platform <\/span>Token Terminal predicts<\/span><\/a> that it will rise to as high as $13,000.\u00a0<\/span><\/p>\n

\"Crypto<\/p>\n

Total market cap recovers above$1.62 trillion | Source: Crypto Total Market Cap on Tradingview.com<\/a><\/pre>\n
Shiba Inu Could Be A Dark Horse\u00a0<\/span><\/h2>\n
From Santiment\u2019s report, it is obvious that crypto investors believe that <\/span>Shiba Inu (SHIB)<\/span><\/a> could be one of the best-performing tokens in the next bull run. The reason is not farfetched, as the <\/span>team and community<\/span><\/a> continue to show they are committed to the meme coin\u2019s growth. This is evident in how Shibarium\u2019s utility has <\/span>increased significantly<\/span><\/a>, which could potentially affect SHIB.\u00a0<\/span><\/p>\n
Related Reading: Solana Headed To $100? Here\u2019s What\u2019s Driving The Growth<\/a><\/div>\n
Another milestone that can be credited to the team and community is the spike in SHIB burns. Recently, Bitcoinist <\/span>reported<\/span><\/a> how the SHIB burn rate has spiked by 420%. The majority of these tokens burnt are from transaction fees made on the Shibarium network. The Shiba Inu team had committed to converting some of these fees to SHIB and burning them.\u00a0<\/span><\/p>\n
The SHIB burn rate will continue to spike, considering that Shibarium\u2019s utility will more likely than not see new highs when the bull market returns. As the meme coin continues to see its circulating supply decline, one can expect its value to rise. Therefore, there is no doubt that SHIB should be one altcoin that many should keep an eye on.\u00a0<\/span><\/p>\n
Featured image from Binance, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
As the bull market returns, market intelligence platform Santiment has provided some insights into altcoins that one should keep an eye on. This comes as other altcoins like Solana (SOL) and Cardano (ADA) are already leading the way on the back of a significant rally from both tokens. Four Altcoins To Keep An Eye On In a post on their X (formerly Twitter) platform, Santiment highlighted ETH, SHIB, FET, and DENT as four altcoins to keep an eye on. These four crypto tokens are said to be seeing their top 10 respective exchange wallets move coins away from exchanges. This usually connotes a long-term bullish signal as it suggests that these wallets are moving the tokens to cold storage.\u00a0 Related Reading: Renewed Hope For Crypto: 2023 Sets The Stage For A Monumental 2024 The timing is also important. Many anticipate that the next bull run is around the corner, while some even say that it has already begun. Whatever the case might be, it is obvious that crypto investors are looking to position themselves ahead of the market boom that lies ahead. As such, the decline of these coins on exchanges could mean that some people are betting big on them. According to further data provided by Santiment, Ether has seen a 4.3% drop in the holdings of these top 10 exchange wallets in the last 3 months. In the same period, Shiba Inu (SHIB) and DENT have seen 2.7% and 1.5% drop respectively. Fetch.ai\u2019s FET happens to have been the most significant drop among the four at 26.1%. ETH will undoubtedly be among the altcoins that crypto investors will be keeping an eye on in the next bull run. If certain price predictions are anything to go by, the second-largest crypto token by market cap could be one of the best performers in the next cycle. For one, the Blockchain analytics platform Token Terminal predicts that it will rise to as high as $13,000.\u00a0 Total market cap recovers above$1.62 trillion | Source: Crypto Total Market Cap on Tradingview.com Shiba Inu Could Be A Dark Horse\u00a0 From Santiment\u2019s report, it is obvious that crypto investors believe that Shiba Inu (SHIB) could be one of the best-performing tokens in the next bull run. The reason is not farfetched, as the team and community continue to show they are committed to the meme coin\u2019s growth. This is evident in how Shibarium\u2019s utility has increased significantly, which could potentially affect SHIB.\u00a0 Related Reading: Solana Headed To $100? Here\u2019s What\u2019s Driving The Growth Another milestone that can be credited to the team and community is the spike in SHIB burns. Recently, Bitcoinist reported how the SHIB burn rate has spiked by 420%. The majority of these tokens burnt are from transaction fees made on the Shibarium network. The Shiba Inu team had committed to converting some of these fees to SHIB and burning them.\u00a0 The SHIB burn rate will continue to spike, considering that Shibarium\u2019s utility will more likely than not see new highs when the bull market returns. As the meme coin continues to see its circulating supply decline, one can expect its value to rise. Therefore, there is no doubt that SHIB should be one altcoin that many should keep an eye on.\u00a0 Featured image from Binance, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":566574,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[134,138,142,89606,6664,14690,83667,89157],"class_list":["post-566555","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-altcoin","tag-altcoin-news","tag-altcoins","tag-altcoins-news","tag-crypto","tag-crypto-news","tag-shiba-inu","tag-shiba-inu-news"],"acf":[],"yoast_head":"\nHere Are The Hottest Altcoins To Buy As The Bull Market Returns - Santiment<\/title>\n<meta name=\"description\" content=\"As the bull market returns, market intelligence platform Santiment has provided some insights into altcoins that one should keep an eye on.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/hottest-altcoins-bull-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Here Are The Hottest Altcoins To Buy As The Bull Market Returns - 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During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/wncen.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Here Are The Hottest Altcoins To Buy As The Bull Market Returns – Santiment","url":"http:\/\/wncen.com\/news\/hottest-altcoins-bull-market\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/hottest-altcoins-bull-market\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/Altcoins-crypto.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/Altcoins-crypto.png?fit=1600%2C900"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["altcoin","altcoin news","altcoins","altcoins news","crypto","crypto news","shiba inu","shiba inu news"],"dateCreated":"2023-12-22T15:00:19Z","datePublished":"2023-12-22T15:00:19Z","dateModified":"2024-06-11T08:44:31Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Here Are The Hottest Altcoins To Buy As The Bull Market Returns – Santiment\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/hottest-altcoins-bull-market\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/hottest-altcoins-bull-market\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/Altcoins-crypto.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/12\\\/Altcoins-crypto.png?fit=1600%2C900\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"altcoin\",\"altcoin news\",\"altcoins\",\"altcoins news\",\"crypto\",\"crypto news\",\"shiba inu\",\"shiba inu news\"],\"dateCreated\":\"2023-12-22T15:00:19Z\",\"datePublished\":\"2023-12-22T15:00:19Z\",\"dateModified\":\"2024-06-11T08:44:31Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/12\/Altcoins-crypto.png?fit=1600%2C900","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/566555"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=566555"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/566555\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/566574"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=566555"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=566555"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=566555"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}