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Altcoins Could Be Ones To Watch, Santiment Suggests

Santiment Network, a data-driven market intelligence platform for crypto assets and blockchain, has released its latest report on the top altcoins to watch. The report suggests that the altcoin market could be the one to watch in 2020 and beyond.

The report, titled “Altcoins Could Be Ones To Watch,” focuses on Ethereum, Litecoin, Dash, and Monero. Santiment’s research team analyzed the performance of the four coins since the start of the year and compared them to the performance of the major crypto assets like Bitcoin, Ethereum, and Ripple.

The research team noted that Ethereum, Litecoin, Dash, and Monero have all seen major gains in 2020 and have outperformed their major counterparts. Ethereum has seen its price increase by over 40%, Litecoin has surged by over 70%, Dash has rocketed by over 190%, and Monero has skyrocketed by nearly 200%.

Santiment concluded that the altcoin market could offer investors attractive opportunities for growth and diversification in 2020. The report noted that altcoins tend to have greater volatility and could provide investors with higher potential returns than other major assets, such as Bitcoin.

The report also highlighted the importance of doing due diligence before investing in any altcoin. Santiment noted that investors should research the technology behind each coin, read the whitepaper, and understand the risks associated with the project before investing.

In conclusion, Santiment’s report suggests that the altcoin market could be one to watch in 2020 and beyond. Ethereum, Litecoin, Dash, and Monero have all seen major gains this year and offer investors attractive opportunities for growth and diversification.

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#Altcoins #Crypto #Ethereum #Litecoin #Dash #Monero #Santiment #Investing

The post These Altcoins Could Be Ones To Watch For, Santiment Suggests first appeared on Byte Syze Crypto.