A survey shared by cryptocurrency analysis platform Santiment on December 21st highlighted four cryptocurrencies that are expected to rise soon. Ethereum (ETH), Shiba Inu (SHIB), Fetch.ai (FET) and Dent (DENT) are highlighted in the survey.
Furthermore, Santiment also noted that altcoins are rising once again, with Cardano (ADA) trading above $0.65 and Solana (SOL) surprisingly reaching a price of $100. However, the analysis highlighted the growth potential of four cryptocurrencies:
“But keep an eye on ETH, SHIB, FET and DENT. All four of these assets are seeing their top 10 exchange portfolios move coins away from exchanges, which is generally a long-term bullish sign,” she wrote.
According to the data, over the past three months, the top 10 wallets in: Ethereum hold $778.7 million less (down 4.3%); ShibaInu holds $54.6 million less (down 2.7%); FetchAI holds $48.2 million less (down 26.1%); Dent holds $867,500 less (down 1.5%).
🎉 #Altcoins are surging once again, with $ADA now above $0.65 and $SOL amazingly closing in on $100. But keep an eye on $ETH, $SHIB, $FETand $DENT. These four assets are all seeing their top 10 respective exchange wallets move coins away from exchanges, which is
(Cont) 👇 pic.twitter.com/t9apBn8Ttt
— Santiment (@santimentfeed) December 22, 2023
Arthur Hayes says he ditched Solana to buy Ethereum; ETH to $5,000?
Even after sharing a very optimistic forecast for the Solana (SOL) cryptocurrency, billionaire Arthur Hayes, co-founder of BitMEX, revealed that he exchanged the token for Ethereum (ETH), estimating an impressive rise in the asset.
In a post shared on December 21, the crypto expert highlighted a prediction that the price of Ethereum will reach the $5,000 level.
Given this estimate, Hayes justified his exchange of SOL for ETH. In the last 30 days, Solana has seen growth of 70.8%, while Ethereum has increased its price by 14.1% in the same period. The BitMEX co-founder shared an ETH chart justifying his growth estimate for the second-largest cryptocurrency.
“Family… I have a confession to make. I received a message from the Lord while meditating. He said to drop that coin POS of Sam and profess your love for Archangel Vitalik. So I dumped $SOL and put in more ETH. ETH = $5,000,” he wrote.
Disclaimer:
The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing or trading cryptocurrencies carries a risk of financial loss.
Source: https://portalcripto.com.br/levantamento-destaca-quatro-criptomoedas-que-devem-entrar-em-alta-eth-e-shib-na-lista/
