Santiment examined altcoins in its latest report and listed the altcoins that gained the most in June.
June, when Bitcoin (BTC) and altcoins experienced chaos and slight pullbacks, is behind us. While BTC had a month full of ups and downs between $98,000 and $110,000, the picture is mixed for altcoins.
Some altcoins made big gains in terms of market value, trading volume or whale activity in June.
At this point, Santiment examined altcoins in its latest report and listed the altcoins that stood out in different categories.
Santiment analysts have ranked the altcoins that have gained the most in market value in the last 30 days, according to current data. Accordingly, Liquid Staked ETH (LSETH) became the biggest market value gainer with an increase of 89.8%.
LSETH was followed by Maple Finance (SYRUP) with a 68.7 percent increase, Aerodrome Finance (AERO) with a 64.2 percent increase, Sei (SEI) with a 61.3 percent increase and KAIA with a 55.4 percent increase.
A high trading volume usually indicates strong market activity. A low trading volume, on the other hand, indicates weak demand or investor interest. It can make it more likely to sell quickly during price swings.
At this point, analysts listed the altcoins that have experienced the biggest increase in trading volume in the last 30 days.
Mantle Staked Ether (METH) took first place, making the biggest increase in volume with a huge jump of 1,643.8%. Pudgy Penguins (PENGU) came in second with a 751.9% increase, followed by SEI with a 635.9% increase, KAIA with a 397.9% increase and World Liberty Financial USD (USD1) with a 397.2% increase.
Large investor whales, whose movements in the market are closely followed by retail investors, can influence the price of the relevant token with their movements.
A sudden increase in whale activity could indicate accumulation before a price increase or selling before a drop.
At this point, analysts said that GateToken (GT) showed the biggest rise in terms of whale transaction growth of over $100,000 in the last 30 days, jumping 300.0%.
GT was followed by SPX6900 (SPX) with a 238% increase, USDC with a 175.7% increase, SKY with a 170.4% increase and DEXE with a 150% increase.
