Santiment Announces 6 Altcoins Recognized After FED!

Although the cryptocurrency market has witnessed fluctuations recently, some altcoin projects managed to escape these fluctuations and enter an upward trend. According to the latest report of the cryptocurrency analysis company Santiment, the altcoins that stood out in this rise were artificial intelligence and “big data” themed projects.

Santiment drew attention to those altcoin projects

Centiment analysts, cryptokoin.com As we reported yesterday evening, it was observed that altcoins focusing on this theme gained significant value during the general recovery in the market after the FED interest rate decision. Examination of Onchain information also shows that these projects are starting to accumulate valuable wallets. In the report, the four altcoins that stand out in this rise are listed as follows:

• DBC (up 35%)
• LIKE (up 26%)
• DX (up 19%)
• 0X0 (19% up)

Each of these altcoins has gained significant value in the last 24 hours. DBC attracted attention as the altcoin that increased the most with a 35% increase. There are several factors behind the recent popularity of artificial intelligence and “big data” themed altcoins. One of these is the significant rise in NVIDIA’s shares this year. NVIDIA is considered one of the leading companies in the field of artificial intelligence, and this rise has increased investor interest in this theme. Another important factor is Apple’s announcement of its artificial intelligence project called “Apple Intelligence”.

What are the other recognized coins?

Santiment analysts think that this trend may continue in the coming period. Developments in the field of artificial intelligence and “big data” can bring new and innovative solutions to the cryptocurrency market and contribute to the gain in value of altcoins focusing on this theme. In another analysis by Santiment, the most well-known altcoins of the crypto world are discussed. According to the analysis, Bitcoin (BTC) unsurprisingly continues to defend its position as the most popular cryptocurrency. It is thought that this popularity experienced a jump after former US President Donald Trump announced his interest in Bitcoin mining.

In his statement, Trump described Biden as an enemy of BTC and stated that he wanted all Bitcoins to be released from now on to be issued within the US borders. Following this statement, a significant increase was observed in the shares of mining companies listed on the stock exchange in the USA. In addition to Bitcoin, Santiment notes that two altcoins have also gained popularity in recent days. Santiment analysts emphasize that these altcoins are projects that should be followed in the coming period:

• Minswap (MIN):Increasing concerns about transparency and reliability may have triggered interest in this altcoin.
• Onyxcoin (XCN):Core chain verification and the use of the Klay chain as the gas price are among the factors that made this altcoin gain popularity.