Crypto markets have retreated by 3.6% on the day, with total capitalization falling to $3.41 trillion at the time of writing.<\/p>\n
But that is largely due to Bitcoin\u2019s 7% correction<\/a>, as it dipped below $93,000 in early trading in Asia on Tuesday.<\/p>\n Altcoins have been buoyant recently, and on-chain analytics platform Santiment has highlighted the better performers.<\/p>\n \u201cTraders are still riding the hot altcoins and discussing specific stories surrounding under-the-radar opportunities,\u201d it stated on Nov. 26.<\/p>\n Santiment highlighted three crypto assets that have outperformed recently. The Sandbox (SAND) has pumped amid a notable resurgence in metaverse-related investments and growing confidence among investors, it noted.<\/p>\n This suggests a \u201cshift towards GameFi and metaverse projects,\u201d it added. SAND has more than doubled over the past fortnight, spiking to an eight-month high of just over $0.80 on Nov. 25.\u00a0However, it has begun to fall back sharply since then, dropping to $0.66 at the time of writing.<\/p>\n Stellar Lumens (XLM) has surged a whopping 330% over the past fortnight to peak at $0.588 on Nov. 25, its highest price since May 2021. The asset has retreated to around $0.50 at the time of writing, however.<\/p>\n \u201cIncreasing interest from Korean investors following a political event, further emphasizing XLM\u2019s traction among crypto investors,\u201d said Santiment.<\/p>\n \ufe0f While Bitcoin has dropped back to as low as $93K Monday, traders are still riding the hot altcoins and discussing specific stories surrounding under the radar opportunities:<\/p>\n The Sandbox $SAND<\/a>: There has been a notable resurgence in metaverse-related investments and growing\u2026 pic.twitter.com\/7HPyInN7gE<\/a><\/p>\n \u2014 Santiment (@santimentfeed) November 26, 2024<\/a><\/p>\n\n Santiment also mentioned Ethereum\u2019s price performance<\/a>, which is \u201cbeing discussed in contrast to other cryptocurrencies like Bitcoin and XRP<\/a>.\u201d<\/p>\n \u201cUsers are expressing bullish sentiments about Ethereum\u2019s potential to outperform other large caps,\u201d<\/p>\n ETH is up more than 9% over the past week and is holding its gains at the moment, trading around $3,430, while those around it are correcting. That hasn\u2019t prevented the Bitcoin maxis from continuing to spread Ethereum FUD memes, but serious analysts are seeing its potential this cycle.<\/p>\n #Ethereum<\/a> is just getting started and it will not stop until it reaches 5 figures pic.twitter.com\/RRcXMHkwMm<\/a><\/p>\n \u2014 Yoddha (@CryptoYoddha) November 25, 2024<\/a><\/p>\n\n With Bitcoin dominance still at 58.6%, it is unlikely that altseason is upon us just yet. A fall below 50% will signify that the trend has reversed, and altcoins will start to move, and analysts are confident that this is around the corner.<\/p>\n Most altcoins are pulling back at the moment, and aside from ETH, only Toncoin (TON), Uniswap (UNI), Internet Computer (ICP), Ethereum Classic (ETC), and Bittensor (TAO) are in the green today.<\/p>\n Santiment also eyed altcoins with the highest 24-hour rises in social volume, which included Pleasure Token, Tornado, and Axie Infinity.<\/p>\n The Biggest Altseason Is Coming<\/p>\n That\u2019s it<\/p>\n That\u2019s the tweet. pic.twitter.com\/MMwBw0rChD<\/a><\/p>\n \u2014 Elja (@Eljaboom) November 25, 2024<\/a><\/p>\n\n The post Altcoins Heat Up as Bitcoin Cools: Is Altseason Around the Corner?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Crypto markets have retreated by 3.6% on the day, with total capitalization falling to $3.41 trillion at the time of writing. But that is largely due to Bitcoin\u2019s 7% correction, as it dipped below $93,000 in early trading in Asia on Tuesday. Altcoins have been buoyant recently, and on-chain analytics platform Santiment has highlighted the […]<\/p>\n","protected":false},"author":0,"featured_media":23562,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-23561","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/23561"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23561"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/23561\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/23562"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23561"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23561"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23561"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Three Altcoins to Watch<\/h2>\n
Altseason Yet?<\/h2>\n