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<ul><li>Market analysis by Santiment unveils a concerning trend as around two-thirds of the top 100 altcoins experience retracement.</li><li>Recent hours have witnessed substantial declines in several altcoins, erasing November&#39;s gains and causing concern among cryptocurrency stakeholders.</li><li>Santiment warns of the potential prominence of Fear and FUD in the altcoin market, signaling growing apprehension among investors.</li></ul>In a pivotal move, the market intelligence platform Santiment has raised alarms regarding the prevailing fear sentiment seeping into the altcoin realm. In a recent X post, the platform unveiled a concerning trend: approximately two-thirds of the top 100 altcoins witnessed retracement over the past week.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/c84d7f988ecf419e9f6a2a5550b6b008.png" />Santiment X post echoes cautionary signals suggesting that the fear, uncertainty, and doubt (FUD) surrounding these <a href="https://cryptotale.org/altcoins-showcase-resilience-and-potential-in-dynamic-crypto-market-trends/" rel="noopener noreferrer nofollow">altcoins</a> might gain prominence in the near future. The potential rise of FUD implies a growing apprehension and skepticism among investors, leading to a possible downward spiral in market sentiment.Several altcoins have suffered significant losses in the past few hours, erasing much of the gains made in November. Over the last 24 hours, XRP dipped by <a href="https://coinmarketcap.com/currencies/xrp/" rel="noopener noreferrer nofollow">4.77%</a>, while Cardano <a href="https://coinmarketcap.com/currencies/cardano/" rel="noopener noreferrer nofollow">experienced</a> a 3.13% decline. This sudden <a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow">drop</a> in value has caused concern among investors and stakeholders in the cryptocurrency community.Read full article at<a href="https://cryptotale.org/altcoin-fud-grips-market-as-analyst-warns-of-retracement-trend/" rel="noopener noreferrer nofollow"> CryptoTale.</a>

Altcoin FUD Grips Market as Analyst Warns of Retracement Trend

CryptoTale

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