Whales Are Eyeing These Altcoins Amidst Recent Crypto Market Crash

The global crypto market cap is back to trading below $1 trillion. This dip has been led by Bitcoin and Ethereum, which are hovering around $18,000 and $1300, respectively. However, there are a few altcoins that have attracted traders and investors who have bought the dip.

The analytics firm, Santiment, has provided a list of a few altcoins that are currently witnessing a sudden gain in social media interest even though the overall market is flashing bear signals.

As per their reports, Ethereum (ETH), XRP, Cardano (ADA), Shiba Inu (SHIB), and Polygon (MATIC) are the talk of the online space at the moment. Market participants are turning their attention toward these assets in particular and seem determined to buy the dip. 

On the other hand, while these altcoins have risen in popularity, the survey claims that the social trends are suggesting that a few others are still discussing whether to buy the dip or not.

The firm says that last week before the CPI was released, the traders claimed that they had bought the dip, but now after the release of CPI and the continued bear market, people are skeptical once again.

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