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<p>The post <a href="https://coinpedia.org/news/santiment-reveals-top-altcoins-likely-to-rebound-first-amid-market-wide-correction/">Santiment Reveals Top Altcoins Likely to Rebound First Amid Market-Wide Correction</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>The cryptocurrency market cap slipped by 3.6 percent in the past 24 hours to about $2.35 trillion. More than $237 million was liquidated from the industry as the altcoins followed <a href="https://markets.coinpedia.org/bitcoin/">Bitcoin</a> in a market-wide correction. With about two days left until the fourth <a href="https://coinpedia.org/beginners-guide/what-is-bitcoin-halving/">Bitcoin halving</a>, the ongoing market-wide correction has been described as healthy and necessary for post-halving bullish continuation.</p> 
<p>Furthermore, the ongoing market-wide correction has allowed investors to buy the dip amid the ongoing super cycle.&nbsp;</p> 
<h2 class="wp-block-heading" id="h-top-altcoins-to-long-ahead">Top Altcoins To Long Ahead</h2> 
<p>The altcoin industry has presented a lifetime opportunity for early investors to make huge profits in the coming quarters. However, some altcoins have been trending on social media platforms, indicating increased demand.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f5e3.png" alt="🗣" class="wp-smiley" style="height: 1em; max-height: 1em;"> Regardless of your stance on <a href="https://twitter.com/hashtag/altcoins?src=hash&amp;ref_src=twsrc%5Etfw">#altcoins</a> after major market-wide plummets over the past week, keep an eye on top trending assets like: <br><br><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1fa99.png" alt="🪙" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/search?q=%24VELO&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$VELO</a> : The project aims to create a <a href="https://twitter.com/hashtag/trustless?src=hash&amp;ref_src=twsrc%5Etfw">#trustless</a> financial infrastructure with <a href="https://twitter.com/hashtag/smartcontracts?src=hash&amp;ref_src=twsrc%5Etfw">#smartcontracts</a>, making transactions cheaper, faster, and… <a href="https://t.co/Vw4fBPbqD1">pic.twitter.com/Vw4fBPbqD1</a></p>— Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1780755511434162541?ref_src=twsrc%5Etfw">April 18, 2024</a>
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<h2 class="wp-block-heading" id="h-velo-velo">Velo (VELO)</h2> 
<p>According to market intelligence platform Santiment, Velo (VELO), a blockchain financial protocol enabling digital credit issuance and borderless asset transfers for enterprises using smart contracts, there has been a sharp uptick in online discussions. Recently, the Velo network announced a strategic partnership with <a href="https://markets.coinpedia.org/solana/">Solana</a> (SOL) to create a state-of-the-art clearing house for Laos’ Digital Gold transactions.</p> 
<p>However, Santiment noted that Velo could be largely overstated as it works to become the ‘Ripple of Asia’. As a result, Santiment urged investors to approach the project with caution.</p> 
<p>As of this report, Velo’s price against the US dollar traded around $0.0106, down 8 percent in the past 24 hours. With a daily trading volume of about $51 million, the small-cap altcoin has been attempting to rally toward its all-time high.</p> 
<p>Read Also : <a href="https://coinpedia.org/news/top-altcoins-to-buy-this-dip-for-100x-profits/">Top Altcoins To Buy This Dip For 100x Profits</a></p> 
<h2 class="wp-block-heading" id="h-omni-network-omni">Omni Network (OMNI)</h2> 
<p>Omni Network (OMNI), an ecosystem solving the issue of fragmentation across <a href="https://markets.coinpedia.org/ethereum/">Ethereum</a> rollups, has received huge attention from the cryptocurrency community. Worth noting that OMNI currently has a higher daily trading volume than its market cap, at a ratio of 213 percent, thus indicating bullish sentiment.&nbsp;</p> 
<p>Furthermore, Omni Network has received significant support from <a href="https://coinpedia.org/exchange/binance-review/">Binance Exchange</a> and <a href="https://coinpedia.org/exchange/about-coinbase-exchange/">Coinbase Global</a> through listing.</p> 
<p>Also Check out : <a href="https://coinpedia.org/news/binance-resumes-india-operations-after-2m-fine-report/">Binance Resumes India Operations After $2M Fine: Report</a></p>

Santiment Reveals Top Altcoins Likely to Rebound First Amid Market-Wide Correction

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