Here are the 10 most bullish cryptocurrencies by Crowd Sentiment

TL;DR

Chainlink (LINK) leads with a weekly sentiment index of 7081.75%, followed by Sui (SUI) and USD Coin (USDC) as Bitcoin’s resurgence above $96,000 adds to the enthusiasm in the crypto market. LINK’s price has risen 50% this month, with analysts predicting a potential rise to $30 or even $100. These lead the pack

The resurgence of Bitcoin (BTC) above $96,000 has allegedly sparked a new wave of enthusiasm in the crypto space. According to market intelligence platform Santiment, the development has led to a substantial increase in crowd sentiment for several altcoins.

The entity estimates that Chainlink (LINK) has risen to the top of the ranking. Its weighted sentiment index (on a weekly scale) is 7081.75%. Next, Sui (SUI) and USD Coin (USDC) followed with ratios of 3,883.74% and 313.49%, respectively.

Toncoin (TON) and dYdX (DYDX) rounded out the top 5 clubs, while others further down the list included Avalanche (AVAX), EOS (EOS), Bitcoin Gold (BTG), Popcat (POPCAT) and Gnosis (GNO ).

It’s important to note that Santiment’s research involved only cryptocurrencies with a market capitalization of more than $500 million. Other altcoins that have been quite trending recently, but their caps remain under the represented brand, include Just a Chill Guy (CHILLGUY), Baby Doge Coin (BABYDOGE), Snek (SNEK) and more.

Touching the leader

Chainlink (LINK) has been on a tear lately, with its price up 50% in the past month. While it remains well below its all-time high of $52, many market watchers believe new highs could be on the horizon.

LINK Price, Source: CoinGecko

User X, Crypto Rand, believes that LINK could rise to $30 if it breaks above the $20 resistance zone. Cephii and WSB Trader Rocko also chimed in.

The former described Chainlink as “the best in technology,” suggesting that its native token is gearing up for another rally. For his part, WSB trader Rocko expects a consolidation around $20 and then a subsequent bull run.

“Chainlink Road to $100. LINK’s last break hit the first target and now finding resistance around $20, I expect it to consolidate here for a couple of weeks and then break again, on the strength of Bitcoin , we think we are headed for new all-time highs ahead of EOY,” the analyst predicted.

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