FTT and LINK Face Declines Despite Increasing Investor Interest

Crypto News– Santiment, the blockchain analytics platform, highlighted in a recent X post a noticeable surge in interest for Solana (SOL), FTX Token (FTT), and Chainlink (LINK). Among the top 10 trending digital assets, Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE) also commanded attention. However, despite the growing interest, the last 24 hours proved challenging for SOL, FTT, and LINK, as indicated by CoinMarketCap.

FTT and LINK Face Declines Despite Increasing Investor Interest

FTT took the hardest hit, witnessing a significant 17.45% drop on the last day of trading, settling at $3.23. Solana (SOL) experienced a 10% decline, with its current price standing at $59.18. Despite this correction, SOL’s weekly performance remained positive, showing a 25.31% increase over the past 7 days.

Chainlink (LINK) saw a 6.49% loss in the 24 hours, leading to a price of $13.95. Interestingly, this drop not only affected its daily performance but also shifted its weekly standing from positive to negative, registering at -2.81%.

The market leaders, BTC and ETH, succumbed to the sell-off pressure from traders, experiencing notable losses over the last 24 hours. The largest cryptocurrency by market cap, Bitcoin, dipped nearly 3%, settling at $36,389.87. Similarly, Ethereum (ETH) faced a 3.68% drop, bringing its price down to $1,981.18.

In contrast, the leading meme coin, DOGE, exhibited resilience and broke away from the downward trend, boasting an impressive gain of over 7% within the last 24 hours. This positive movement contributed to DOGE’s weekly performance, marking a notable +10.67% increase in its price. Overall, the meme coin was trading at $0.08245 amid the fluctuations in the broader market.