Top Altcoins to Buy as the Bull Market Resurfaces

Four Altcoins to Watch

Market intelligence platform Santiment has identified four altcoins that you should keep an eye on: ETH, SHIB, FET, and DENT. These tokens have seen their top 10 exchange wallets move coins away from exchanges, indicating a long-term bullish signal. This suggests that investors are moving these tokens to cold storage, possibly in anticipation of the upcoming bull run.

The data provided by Santiment shows a decline in the holdings of these tokens in the last three months. ETH has seen a 4.3% drop, SHIB has seen a 2.7% drop, DENT has seen a 1.5% drop, and FET has seen the most significant drop at 26.1%. These numbers indicate that investors are positioning themselves for potential gains in the next market cycle.

ETH’s Potential in the Next Bull Run

Ethereum (ETH) is expected to be one of the best-performing altcoins in the next bull run. Token Terminal predicts that ETH could rise to as high as $13,000. With its recent decline in exchange holdings and positive market sentiment, ETH is definitely worth keeping an eye on as the market heats up.

Shiba Inu’s Promising Outlook

Shiba Inu (SHIB) is another altcoin that investors believe could perform well in the next bull run. The team and community behind SHIB have shown their commitment to its growth, which is evident in the increased utility of Shibarium. Additionally, there has been a spike in SHIB burns, with transaction fees on Shibarium being converted to SHIB and burned. As circulating supply declines and utility increases, SHIB’s value is expected to rise.

Hot Take: Altcoins to Watch in the Next Bull Run

As the bull market returns, it’s crucial to keep an eye on altcoins with potential for significant gains. Santiment’s insights highlight four altcoins worth considering: ETH, SHIB, FET, and DENT. These tokens have seen a decline in exchange holdings, indicating investor confidence and long-term bullish signals. ETH is predicted to be one of the best performers, with price predictions reaching $13,000. SHIB also shows promise due to its growing utility and increased burn rate. As the market cycle heats up, these altcoins could provide lucrative opportunities for crypto investors.