Insights Pulse Insights

Nov 7

Crypto's "Big 2" Grabbing the Lion's Share of the Spotlight Over the Past Three Exhilarating Days 7-11-24, 23:48


πŸ“Š As altcoins made huge runs post-US election, the rate of discussion toward crypto's top assets are directly correlating with price activity.

πŸ“Œ Most eyes are still on Bitcoin as traders see whether it can surpass $80K by the end of the week
πŸ“Œ Ethereum has made a recent jump in discussion rate by surpassing $2.9K and slightly outperforming Bitcoin (a rare sight) on Thursday
πŸ“Œ Solana, XRP, and Dogecoin are all a bit under the radar as the community has shifted their sights on BTC and ETH. But prices are still performing well

Nov 5

One Final Breakout Before Election? Or Just the Beginning? 5-11-24, 18:21


πŸ“ˆ Bitcoin has jumped back above $70K prior to US election results coming in later today. Several memecoins and AI/Big Data altcoins like DOGE, SHIB, FET, BONK, & POP, are also spiking. The S&P 500 is also up big as well, which is a strong sign of later November growth.

Nov 4

Though Markets are Unpredictable Short-Term, the Long-Term FUD May Pay Dividends for Patient Traders! 4-11-24, 19:08


πŸ“Š As traders wait for clarity in crypto markets, Bitcoin has been seeing a notable decline in the amount of non-empty wallets. 211.5K less addresses exist compared to 3 weeks ago, a strong sign of FUD that typically is associated with future bullish price performances.

Meanwhile, Santiment also picked up a drop of -11.6K USDC wallets in a single day this weekend, as stablecoin behavior fluctuates wildly.

Also, keep an eye on Dogecoin wallets suddenly rising rapidly (+46.4K in one week). This is a sign of traders speculating and gambling on memecoins, even after last week's local top.

Oct 23

These Coins are Seeing Significant Doubt... Will You Go Against the Crowd? 23-10-24, 19:46


🐻 Crypto markets have corrected alongside equities as traders increase speculation that the bull rally has come to an end. With crowd optimism transitioning to doubt, these are the $500M+ market cap projects showing the best upside based on buying into the crowd FUD:

1 Chainlink $LINK
2 Bitcoin $BTC
3 Goatseus Maximus $GOAT
4 Dogecoin $DOGE
5 Ripple $XRP
6 Pepe $PEPE
7 Filecoin $FIL
8 ShibainuCoin $SHIB
9 Eigenlayer $EIGEN
10 BuildOnBeam $BEAM

Cryptocurrency is still very much a speculative sector, even for the most established projects. Markets typically move the opposite direction of the crowd's expectation, meaning the bearish narratives surrounding these coins can lead to rewarding results for those willing to go against the crowd selloffs that are beginning to mount.

Oct 22

Bullish Sentiment Has Been Driving These Coins... Downward 22-10-24, 20:50


πŸ“Š This pictured chart is not showing the prices of these coins. Instead, it illustrates the ratio of positive vs. negative sentiment (and volume of conversations) toward $APE, $DOGE, $GOAT, and $GIGA across social media.

These are among the best performing coins in crypto the past couple weeks, and naturally attracted lots of FOMO & bullish sentiment as each coin pumped. Once the bullish sentiment got high, each asset corrected one by one.

This phenomenon is not exclusive to memecoins, either. Prices typically always go the opposite direction of the crowd's expectations, and when the crowd gets extreme on either the bullish or bearish end, it becomes highly predictable to buy or sell.

Use this template to check in on how any of the 3,000+ coins Santiment tracks look, according to the ratio of bullish vs. bearish comments across social media.

Oct 19

VIDEO: Bull Run, Memecoin Fun, and Jumping the ATH Gun? 19-10-24, 22:04


πŸ“Ί In our latest video, we chat with ThinkingCrypto about the week of pumps. How does Bitcoin's health look now that 'Uptober' looks like a thing again? And what's up with memecoins, Sui, Aptos, and other altcoins?

Oct 18

VIDEO: Are Litecoin and Dogecoin PRIMED For Major Price Swings? 18-10-24, 02:46


πŸ“Ί We take a look at some key data anomalies that have shown up on the Litecoin, Dogecoin, Chiliz, and Maker networks to give some key examples of how we find tops and bottoms. Check out our latest video!

Oct 17

Greed Shows its Face in the Form of Memecoin Discussions 17-10-24, 18:24


πŸ“‰ There was a major increase in memecoin discussions yesterday as coins like Dogecoin and Bonk were surging. Typically, markets correct when focus shifts away from layer 1's and toward more speculative assets due to greed. Today, unsurprisingly, market-wide dips are occurring.

Oct 15

Dogecoin Holders Waving Goodbye... 15-10-24, 20:09


πŸΆπŸ“‰ 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.

Oct 2

Can Dogecoin Make a Quick Recovery if Bitcoin Stabilizes? Metrics Say Yes 2-10-24, 06:24


🐢 Dogecoin has retraced -18% from its top back on Saturday. But on-chain activity indicates that whales may not be done with all the bullish momentum of crypto's top meme coin. Though they took profit just before the top, their activity remains very high on DOGE's network.