Prominent analytics firm Santiment says that increased volume in one crypto sector has been a precursor to marketwide rallies in the past month.<\/p>\n
Santiment says it is looking at volume jumps in different areas of crypto to see which one can be a predictor of future price rallies.<\/p>\n
According to the firm, the current crypto rally began on July 8th when traders allocated capital to Bitcoin (BTC<\/a>) and layer-1 projects.<\/p>\n \u201cAll of the major volume spikes from the past month, illustrated by different sectors.<\/em><\/p>\n Increased volume in Bitcoin and layer-1 assets leads to future crypto rises.<\/em> Based on Santiment\u2019s chart, volume spikes in Bitcoin and layer-1 projects are a sign of traders showing cautious optimism. Meanwhile, skyrocketing volume in memecoins is a signal of greed taking over after a major market recovery.<\/p>\n Turning to Solana (SOL<\/a>), Santiment sees the Ethereum (ETH<\/a>) rival continuing its surge as long as traders doubt its performance.<\/p>\n \u201cThe Solana faithful have been rewarded for their patience as prices have broken out +33% since the 4th of July. The climb is being fueled by crowd doubt toward SOL.<\/em><\/p>\n Until FOMO (fear of missing out) replaces the FUD (fear, uncertainty and doubt), $200 SOL is very much reachable soon.\u201d\u00a0<\/em><\/p>\n Don’t Miss a Beat \u2013 Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em>   Generated Image: DALLE3<\/span><\/em><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":" Prominent analytics firm Santiment says that increased volume in one crypto sector has been a precursor to marketwide rallies in the past month. Santiment says it is looking at volume jumps in different areas of crypto to see which one can be a predictor of future price rallies. According to the firm, the current crypto […]<\/p>\n","protected":false},"author":2,"featured_media":268493,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-349511","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/349511","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=349511"}],"version-history":[{"count":3,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/349511\/revisions"}],"predecessor-version":[{"id":349514,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/349511\/revisions\/349514"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/268493"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=349511"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=349511"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=349511"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Increased volume in AI (artificial intelligence) and Big Data coins are neutral.<\/em>
Increased volume in memecoins leads to tops.\u201d<\/em><\/p>\n
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