Santiment Names Two Newly Trending Altcoins: One Is Considered Similar to XRP

Cryptocurrency analysis company Santiment found in its statement that two altcoins exhibited remarkable behavior.

According to analysts, Velo (VELO) has recently begun to attract attention among cryptocurrency traders and has begun to be called the “XRP of Southeast Asia”.

Analysts added that the VELO price has increased by 358% in the last 6 weeks. Santiment said that the UMA altcoin has also seen a huge uptick in user interest, rising more than 50% in the last 36 hours.

However, it is worth remembering that some of the high interest in VELO is due to negative sensitivity. However, when the data is examined, it is observed that positive sensitivity is higher than negative sensitivity. On the UMA side, although there was negative sensitivity, it was observed that the positive sensitivity was higher.

Although UMA is listed on Binance, the world's largest cryptocurrency exchange, VELO is not yet listed.

Santiment listed other trending altcoins as TON, PAC, GAME, BTC, TRAC, GOT, AKT and NEAR.

*This is not investment advice.