Altcoin Season Heats Up with Three Top Trending Coins
According to CoinGecko, Open Campus (EDU), Guacamole (GUAC), and Celestia (TIA) are the top trending coins for the first week of December. This coincides with earlier reports suggesting that altcoin season may be approaching.
Open Campus Protocol (EDU)
The first coin on the list is Open Campus Protocol, a decentralized solution for the education sector. Over the past week, the price of EDU has fluctuated between $0.628388 and $0.773523, with a 4.9% increase on Dec. 8.
Guacamole (GUAC)
Guacamole, a Solana-based token known for its community-oriented design and tokenomics, follows EDU on the trending list. It has seen a 3.47% increase in the last 24 hours and an impressive 238.66% surge over the past week.
Celestia (TIA)
Rounding out the top three is Celestia, a modular data availability network priced at $9.46. Despite a -6.27% decline in the last 24 hours, it has experienced a 36.24% price increase over the past seven days.
Shift in Investor Sentiment
A recent report by Kaiko revealed that altcoin market share volume reached 67% last week, surpassing Bitcoin and Ethereum. This indicates a shift in investor sentiment and growing interest in cryptocurrencies other than Bitcoin.
Hot Take: Altcoin Season Gains Momentum
As altcoin season heats up, Open Campus Protocol, Guacamole, and Celestia emerge as the top trending coins. These altcoins have experienced significant price movements and are attracting investor attention. With altcoin market share volume surpassing Bitcoin and Ethereum, it is evident that investors are increasingly interested in exploring alternative cryptocurrencies. As the year comes to a close, it will be interesting to see how this trend continues to unfold and which altcoins gain further traction in the market.
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