Crypto Community Turns Bearish on Chainlink, XRP, Solana and Other Top Altcoins, But…

Crypto analytics firm, Santiment, noted that the crypto community has shifted towards a bearish sentiment. This has affected some major assets like Chainlink

Crypto analytics firm Santiment noted that the crypto community has shifted towards a bearish sentiment. This has affected some major assets like Chainlink, Ethereum, Bitcoin, Solana, and XRP.

This downturn occurred during a mild slump in the crypto market. Santiment noted that historically, assets that face the most negative crowd narratives often have the highest potential for future price increases. They presented a list of the top 20 altcoins that are currently seen in a negative light.

Chainlink (LINK)

Ethereum (ETH)

Bitcoin (BTC)

Solana (SOL)

XRP (XRP)

Optimism (OP)

Polygon (MATIC)

Sui (SUI)

Cronos (CRO)

Fantom (FTM)

Avalanche (AVAX)

Cardano (ADA)

Render (RENDER)

Floki (FLOKI)

Pepe (PEPE)

Toncoin (TON)

Filecoin (FIL)

Injective (INJ)

Shiba Inu (SHIB)

Tron (TRX)

DC (@DavidCo75478120) chimed in with humor, questioning whether this bearish sentiment was a common trend across all major cryptocurrencies. He remarked, “Is this like all the major cryptos? Lmfao.”

Santiment quickly clarified this point, stating that around 52% of assets with market capitalizations exceeding $1 billion are currently experiencing a more negative sentiment than their average rates. They reinforced that the 20 assets listed are those with the most pronounced bearish sentiments at this time.

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