Paul Barron Network, a famous Youtube channel that focuses on the future of technology with Crypto and Blockchain, has ranked the top 20 altcoins based entirely on sentiment and amplification data.
This month is being led by Terra Luna ($LUNA), Avalanche ($AVAX), and Cosmos ($ATOM) which might continue increasing towards new highs.
Top 1 – 10
Terra (LUNA) ranking number one. Avalanche (AVAX) came in number two and then Cosmos (ATOM) in third place. Three of those had been holding very solidly and closely. The one that traders need to pay attention to is Cosmos, this is the only altcoin that broke into this category of really supreme amplification scores.
Chainlink (LINK) goes number four and Hedera (HBAR) comes number five. We see a little bit of a softening of HBAR so that usually tells us that we’re going to see a little bit of a downturn on HBAR.
Cardano (ADA) is softening on amplification and then Fantom (FTM) is also softening a little bit. They take sixth and seventh place. Binance Coin (BNB) is about midway and Polkadot (DOT) also softening on amplification, but definitely a top 10 project, and then Polygon (MATIC) coming in at number 10.
Top 20 Altcoin 1-10 Sentiment – January 25th, 2022 | Source: Crypto Power Index
Top 11 – 20
Let’s go into our 11 through 20. Helium (HNT) coming in. This is another project that’s over-performing on amplification. Elrond (EGLD) is at about midway algorithm. We could not pull enough data on the amplification to be able to give that one as a publishing point. So we’re still pulling data on the algorithm to be able to give that, but they showed up in the sentiment ranking right there at number 13.
Arweave (AR) comes in at 72.25% sentiment. Ripple (XRP) moved up the list amplification though still a little bit soft. This thing going because this is a big deal for the future of where that case is going to be going on the SEC guidelines.
OMG Network (OMG) is coming in. Solana (SOL) slid way back into the pack but still holding on at 71.59% Metis DAO is going to be a short-term top 20.
Tezos (XTZ) came in at number 10 with a pretty respectable amplification and sentiment score at 71.46% so right there nested into Near protocol (NEAR) at number 9.
The entire space is on the bear market. Therefore, most of these altcoins are softening and there are new releases, new partnerships, or some kind of movement on their roadmap. That’s where and why we start to see a lot of falloff in some of these projects like this. The strong one may keep its position, the other may slip out of the top 20.
Top 20 Altcoin 11-20 Sentiment – January 25th, 2022 | Source: Crypto Power Index
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