The cryptocurrency market data and analysis platform Santiment reported that social media engagement indicates positive sentiment towards Solana, Cardano, and Dogecoin. According to the analysis platform, the sentiment towards Bitcoin, Ethereum, and XRP is more neutral.

Since the beginning of the year, the cryptocurrency market has had a tough start as market participants are concerned about the uncertainty of the impending fiscal and economic stimulus measures of the Trump administration. Things seem to have cooled down, and the market appears to be rebounding after the bloodbath on January 1st.

This crash was mainly caused by the uncertainty of the US economy resulting from changes in macro - economic indicators. Bitcoin and Ethereum dropped below $95,000 and $3,100 respectively.

Data from Santiment shows that investors have a positive attitude towards Solana, Dogecoin, and Cardano.