CoinGecko unveiled the top trending altcoins of the week

2023-12-08 16:07:55

Altcoin season heats up with these three coins topping CoinGecko’s trending list for early December.

CoinGecko reports in a Dec. 8 post on X that Open Campus (EDU), Guacamole (GUAC), and Celestia (TIA) are the top trending coins for the first week of December.

This coincides with earlier reports from Kaiko this week that altcoin season may be fast approaching.

Open Campus Protocol (EDU)

The first coin on CoinGecko’s report, Open Campus Protocol, was introduced to the market as a decentralized solution tailored for educators, content creators, parents, students, and co-publishers, aiming to tackle prent challenges in the current educational landscape.

Over the last seven days, the daily exchange rate of EDU to USD displayed fluctuations, ranging from a high of $0.773523 on Friday to a low of $0.628388 on Tuesday. Notably, within this week, the most significant 24-hour price movement for EDU in USD occurred on Dec. 8, reflecting an increase of 4.9%.

Open Campus Protocol price | Source: CoinMarketCap## Guacamole (GUAC)

Following EDU was Guacamole (GUAC), listed as a Solana-based token distinguished by its community-oriented design and tokenomics.

Presently 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.

Guacamole price chart | Source: CoinMarketCap## Celestia (TIA)

Rounding out the top 3 is Celestia (TIA), currently priced at $9.46.

Although this indicates a -6.27% price decline in the last 24 hours, there has been a 36.24% price increase over the past seven days for the modular data availability network.

Celestia (TIA) price | Source: CoinMarketCap## Shift in investor sentiment

These trends come two days after a Dec. 6 report by Kaiko that highlighted the altcoin market share volume surged to 67% last week, surpassing Bitcoin and Ethereum at 28% and 11%, respectively

This data, according to the prominent cryptocurrency market data source, signals a major shift in investor sentiment, pointing to an increasing appetite for cryptocurrency other than Bitcoin (BTC).

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