CDS Crypto News FTT and LINK Face Declines Despite Increasing Investor Interest
Crypto News

FTT and LINK Face Declines Despite Increasing Investor Interest

Santiment revealed in an X post that investors have grown increasingly interested in SOL, FTT, and LINK.

309
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.

Ftt And Link Face Declines Despite Increasing Investor Interest

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.

Sol, Ftt, And Link Face Declines Despite Increasing Investor Interest
Sources:coinedition

Leave a comment

Leave a Reply

Related Articles

Crypto Market Trends: Best Tokens for December 2024

Discover the top cryptocurrencies to watch in December 2024, including EarthMeta, Bitcoin,...

Bitcoin Price: BTC Rebounds After Flash Volatility

Bitcoin bounces back to $97K after political turmoil in South Korea, with...

RLUSD Stablecoin: Ripple’s December 4 Launch Date Announced

Ripple is set to launch its US dollar-backed stablecoin, RLUSD, on December...

Rollblock Crypto Surge: 270% Increase in RBLK Token Amid Solana and PEPE Struggles

Rollblock's RBLK token has surged 270% amid a market downturn for Solana...