- TAO might retest $475 due to the golden crossed 9 and 20 EMAs formed.
- Capital flow in HNT has decreased, suggesting a move down to $6.70.
- SOL might drop below $100, but a long-term entry appeared at $89.
While the broader market has enjoyed a relative rebound this week, most market participants were focusing on speculative cryptocurrencies, Santiment posted. According to Santiment, assets including Bittensor (TAO), Solana (SOL), and Helium (HNT) have been beneficiaries of this rising interest. But it has been to the detriment of Bitcoin (BTC), whose social volume has been decreasing.
#Bittensor (70%), #Helium (37%), and #Solana (25%), have been the top notable performers in a great 7-day rebound stretch for #crypto markets. #Bitcoin continues to see decreased social volume, however, as traders are showing a rising interest in speculative #altcoins instead. pic.twitter.com/8Dl2I6VoiF— Santiment (@santimentfeed) January 30, 2024
In the last seven days, the price of TAO has increased by 70%. SOL’s value has jumped by 25% while HNT increased by 37%, making the trio some of the biggest gainers.
Bittensor (TAO)
TAO rose to prominence last year at th…
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