Cryptocurrency analytics company Santiment made some interesting statements about two altcoins in its latest assessment.
According to Santiment analysts, UniSwap (UNI) and Chainlink (LINK) tokens have received significantly more negative comments on social media recently compared to other altcoins.
The analysis firm argued that, when considered alongside general individual dump events in the market, the opposite of market expectations generally turns out to be true. Accordingly, it claimed that UNI and LINK tokens are candidates for short-term price jumps.
The price of UNI has lost approximately 20% of its value in the last month. UniSwap, one of the largest decentralized cryptocurrency exchanges, has a market capitalization of approximately $3 billion at the time of writing. At its all-time high, it had exceeded $20 billion in market capitalization.
On the other hand, LINK, a larger-scale cryptocurrency, has lost 5% of its value in the last month. With a market capitalization of $8.33 billion, this altcoin, similar to UNI, had a market capitalization exceeding $20 billion during its peak periods.
*This is not investment advice.
