Altcoins Are on the Rise After FED Decision! Whales Are Very Active in These 6 Altcoins!

The last time it cut interest rates was in 2020. FEDAfter a 4-year break, the FED cut interest rates for the first time yesterday. The FED, which made a 50 basis point cut, Bitcoin ve altcoinIt also mobilized the ‘s.

While Bitcoin rose above $62,000, there were also increases in altcoins. However, some altcoins positively diverged from the market with their increases and increased whale activity.

At this point, Santiment listed the altcoins that stood out after the FED’s interest rate decision. Santiment listed six altcoins that experienced a notable increase in whale transactions and “Stargate (STG), GMX, Big Time (BIGTIME), Origin Token (OGN), GALA ve Pixels (PIXEL) “ He stated that it was.

Increases in whale transactions are often interpreted as a sign that a rally is imminent.

Santiment also highlighted a few altcoins that are currently trending upwards and are poised for an imminent rally. According to Santiment, Fantom (FTM) ve Sui (SUI) There were some altcoins that gave bullish signals.

“Following the US Federal Reserve’s decision to cut interest rates by 50 basis points, altcoins are showing bullish signals. Phantom (+11%) and Sui (+8%) are the notable assets seeing mini-increases.

Meanwhile, assets with increasing whale trading numbers include: STG, GMX, BIGTIME, OGN, GALA, and PIXEL.”

📈 Altcoins are showing signs of a breakout following the US Fed’s decision to cut interest rates by 50bps. Fantom (+11%) and Sui (+8%) are notable assets seeing mini surges.

Meanwhile, assets with rising whale transaction numbers include: STG, GMX, BIGTIME, OGN, GALA, & PIXEL. pic.twitter.com/T3L2o2dtJR

— Santiment (@santimentfeed) September 18, 2024

*This is not investment advice.