May 9
😒 The sentiment toward #crypto's top cap assets is still rather negative. This has been the case since the April 19th $BTC #halving didn't immediately result in rising market caps throughout #cryptocurrency. With uncertainty high, small wallets dropping out of the sector may be the ingredient needed for #Bitcoin and many #altcoins to enjoy steady recoveries leading up to the summer.
Enjoy our link to track the weekly sentiment of $BTC, $ETH, $BNB, $XRP, $ADA, $SOL, and $DOGE.
Get yourself a free week trial to Sanbase PRO to see what others in #crypto can't here!
🗣 #Monero is being discussed at an abnormally high rate due to the announcement that #LocalMonero is sunsetting as governments continue cracking down on $XMR and other privacy focused assets.
🗣#XRPLedger is also seeing a high rate of discussion due to $XRP price volatility, and #Ripple's planned #stablecoin being labeled as an "unregistered crypto asset".
Track the most trending tokens in #cryptocurrency at any time with Santiment's Top Trending Tokens dashboard here.
Enjoy a free week-long trial to Sanbase PRO, and make an account here!
May 7
According to the Relative Strength Index, the majority of top market cap #cryptocurrencies are in slight buy zones. This popular momentum oscillator, which is commonly used in technical analysis, suggests #Cardano as a potential buy low candidate.
May 4
📺 We look at the #crypto market landscape alongside our friend, Trade Devils, to see what is next for your portfolio's immediate future. Enjoy our comprehensive look at several different sectors in our latest video!
May 2
#XRPLedger has been seeing an abundance of dormant tokens moving to open up May. Our Token Age Consumed metric indicates that this was a remarkably similar spike in old coins being moved compared to the April 13th spike, just before markets tanked and $XRP dropped -16% in value.
This time around, however, there is an argument that this old coin movement is related to potential #buythedip interest from key stakeholders, and prices have been climbing mildly since this May spike occurred. Also, keep in mind the increasing open interest on exchanges, which has just reached a 3-week high.
Explore these metrics and others related to $XRP & your many favorite #altcoins here!
May 1
Apr 27
📊 The total amount of non-empty #Bitcoin wallets are rapidly growing despite choppy prices. #Altcoin wallets for assets like #Dogecoin have flattened after enormous rises earlier this year. #Cardano is one of the few networks to see active wallets drop.
Apr 26
Apr 22
The price of #XRP has jumped ahead of the #altcoin pack, jumping +6% and as high as $0.5687 today. The amount of wallets, 2,013, holding at least 1M $XRP has been surging over the past six weeks (rising 3.1%), and is within 1 wallet of the #AllTimeHigh.