🐶📉 Dogecoin holders are rapidly falling in number. Since October 8th, there has been a net drop of -106.6K non-empty DOGE wallets. Traders have expressed frustration toward the largest meme coin's performance, and have been increasingly looking elsewhere for quick pumps.

🗣️ According to rises in social volume frequency, the top rising coins by crowd interest levels are:

🥇 LooksRare $LOOKS: NFT marketplace throwing several notable raffles and giveaways, causing trader enthusiasm.

🥈 Avalanche $AVAX: The #12 market cap asset has grown by +11.1% in the past 5 days, with the crowd noting its overperformance compared to other altcoins.

🥉 Beam $BEAM: Gaining attention among users interested in privacy-focused cryptocurrencies. Additionally, there are mentions of Beam's development progress and community engagement, indicating an active discourse around its features and market positioning.

📊 Crypto markets are extra volatile today as Bitcoin has ranged between $67.8K and $64.8K in just the past 2.5 hours. Crowd sentiment is still firmly bullish toward Bitcoin (seeing 2x the bullish comments for every bearish one). Solana's traders are notably euphoric as well.

📈 Trading volume has been increasing quickly during crypto's continued rally. Among the top 200 market caps, these coins are seeing the largest rises in volume over the past week.

🪙 1) Unus Sed Leo $LEO
🪙 2) Book of Meme $BOME
🪙 3) Wrapped Staked Ethereum $WSTETH
🪙 4) Mina $MINA
🪙 5) Chiliz $CHZ
🪙 6) Turbo $TURBO
🪙 7) Ethena $ENA
🪙 8) Brett $BRETT
🪙 9) The Graph $GRT
🪙 10) Fasttoken $FTN

📊 Trading volume rises are traditionally an indication of increased crowd recognition, and not necessarily a sign of more buyers or more sellers. Gradual growth is often a sign of support that the coin's price direction will continue. A sudden, isolated spike will often signal a price reversal is pending.

👍 Search for any coin's volume patterns using this simple volume template on Sanbase!

Enjoy our great chat with Andrew Vong about crypto markets as we explore how real this rally truly is, and how likely it is that we see Bitcoin back above $70K sooner rather than later. :point_down:

https://www.youtube.com/watch?v=8Q7t00sNils

📊 With Bitcoin up to start the week and temporarily jumping all the way above $66K, traders are seeking opportunities in the GameFi and memecoin sectors. Discussion rates among these altcoin segments are showing a continued rise in interest levels.

Historically, this is a sign that the crowd has been gradually turning more and more bullish on the markets. Considering the 5-week rally for markets, expect for some slight FOMO to continue, with more speculative assets drawing increasing discussion until a correction injects fear into the crowd's narrative once again. 👍

🥳 As the vast majority of crypto has enjoyed Friday gains, $SOL stands out as an asset seeing a major spike in bullish crowd sentiment. There are very loose rumors of Apple potentially building on Solana's blockchain, triggering the latest hype train for crypto's #5 market cap.

🧐 Following up on the massive Bitcoin on-chain transaction volume from dormant wallets we identified on Tuesday, the primary reason for this spike was due to BitGo moving their assets ("proof" of Wrapped Bitcoin). Though fascinating to see this anomaly, the mild rebound back to $63K was not ignited by these older wallets becoming active. Examples of these transfers are below:

👉 https://mempool.space/address/bc1qa0mxdj0yehl3m99c8tsgepmngz0a0yf96v9al3ejyvla97hysjdsgzj59x

👉https://mempool.space/address/bc1qq7m25904sfa4qn0na5gfssltjdmxwuvqxfl73dunza4s4cysqh7ssale4g

👉https://mempool.space/address/bc1q20mxuuv6ta5uy6m3s34lzwgs6p4qme4wyvv9y2cawd8a45y84susw2c9rk