CoinGecko reveals the most popular alternative coins for the week.
Altcoin season is heating up, with three coins taking the top spots on CoinGecko’s trending list for early December. According to CoinGecko’s report on December 8th, Open Campus (EDU), Guacamole (GUAC), and Celestia (TIA) are the most popular coins for the first week of December. This coincides with a previous report from Kaiko, suggesting that altcoin season may be approaching quickly.
The first coin on CoinGecko’s list is Open Campus Protocol (EDU), which was created as a decentralized solution for educators, content creators, parents, students, and co-publishers. Its goal is to address the challenges faced in the current educational landscape. Over the past week, the exchange rate of EDU to USD has fluctuated, reaching a high of $0.773523 on Friday and a low of $0.628388 on Tuesday. The most significant 24-hour price movement for EDU in USD occurred on December 8th, with a 4.9% increase.
Next on the list is Guacamole (GUAC), a Solana-based token known for its community-oriented design and tokenomics. It is currently priced at $0.000000548002, with a 24-hour trading volume of $7,263,680.77. GUAC has experienced a 3.47% increase in the last 24 hours and an impressive 238.66% surge over the past week.
Rounding out the top three is Celestia (TIA), which is currently priced at $9.46. Although it has seen a -6.27% price decline in the last 24 hours, there has been a 36.24% price increase over the past seven days for this modular data availability network.
These trends come after a report by Kaiko on December 6th, which revealed that the altcoin market share volume reached 67% last week, surpassing Bitcoin and Ethereum at 28% and 11% respectively. This data indicates a significant shift in investor sentiment, suggesting a growing interest in cryptocurrencies other than Bitcoin.
In conclusion, altcoin season is gaining momentum, with Open Campus (EDU), Guacamole (GUAC), and Celestia (TIA) emerging as the top trending coins for early December. This aligns with the increasing market share of altcoins and signals a shift in investor sentiment towards cryptocurrencies beyond Bitcoin.
