According to the latest analysis published by cryptocurrency analytics firm Santiment, three altcoins have been trending in an interesting way by the community in the last 24 hours.
Among these, Bitcoin (BTC) was not surprisingly included, while the other two cryptocurrencies were recorded as Solana (SOL) and cat in a dogs world (MEW).
According to the analysis company's post, the main reason for BTC's trend was that its price rose to its highest level in the last 25 days.
The reason why SOL is among the trendiest cryptocurrencies is that the coin introduced a smartphone called Solana Seeker and this phone has already sold 140 thousand units.
Finally, on the MEW side, the listing of this altcoin by South Korea's largest cryptocurrency exchange Upbit and the latest airdrop events are shown.
MEW is known to be a memecoin and at the time of writing, it ranks 114th among the world's largest cryptocurrencies. On the other hand, Santiment analysts responded to a follower question about whether MEW is a scam as follows:
“It’s probably too new an asset for us to comment on. We don’t have developer activity data for it, but we can give a clearer answer once we have the data.”
*This is not investment advice.
