As Crypto Market Sentiment Sinks Lower, Polkadot Takes the Crown.

[Malam90]

The volatility is holding the market in a firm grip, as the market sentiment drops further within the neutral zone. The combined moving 7-day average crypto market sentiment score (sentscore) for the 10 major coins slipped for the second week in a row, from 5.81 seen a week ago to 5.77 it got over the course of the past seven days, as seen in the data provided by crypto market sentiment analysis service Omenics.

Half of the top ten list is red, the other half green. Among the green ones, polkadot (DOT) takes the crown, having seen an increase to its sentscore of 6.2%. The second-placed chainlink (LINK) is up 4.5%. On the lower end, we find ethereum (ETH), stellar (XLM), and cardano (ADA), the scores of which have gone up 1.3%, 1%, and 0.9%, respectively.

The situation in the positive zone remains the same, in that four coins - bitcoin (BTC), ETH, DOT, and ADA - have scores above 6, while bitcoin's is the only one among the four to have decreased in the past week.

And speaking of the reds, XRP takes the throne here, with a drop to its score of 6.8% - and this after it was the winner last week, both in the 7-day and the 24-hour categories. That said, BTC with its 6% drop is not far behind. While tether (USDT) and binance coin (BNB) fell more than 3%, litecoin (LTC)'s sentscore decreased the least, just over 1%. ‍Source Link