Cryptocurrency analysis company Santiment shared its predictions following the price increases in two altcoins in a post published on its official account.
According to Santiment analysts, both Solana (SOL) and Avalanche (AVAX) have made good jumps recently.
However, analysts claim that only one of these two altcoins can continue its current rally.
According to Santiment, SOL's rally has seen traders buying on FOMO, making it less likely that the rally will continue. On the other hand, AVAX's rally has been largely ignored by the community, so there may be a high probability that this rally will continue.
Santiment measured the amount of FOMO in these comments by looking at the social volumes of these altcoins. According to the data, AVAX's social volume remained lower than SOL despite the increase.
While AVAX experienced an impressive rally of 6% in the last 24 hours, this rate was measured even higher in Solana and SOL gained 8% in value in the last 24 hours. SOL's weekly return is observed to be more than 10% at the time of writing this article.
*This is not investment advice.
