Insights Pulse Insights

Jul 3

Are You Buying Altcoins as Other Traders Feel the Pain? 3-07-24, 05:32


📊 According to mid-term average returns of each wallet across nearly all altcoins, traders are well under water. The @santimentfeed Mean Value to Realized Value (MVRV) model shows mathematically viable entry points for BAT, CHR, and HIGH. Meanwhile, ENS, OM, and RSR are projects you may want to consider patiently awaiting for better times where traders haven't already outperformed markets.

Mar 8

Ethereum Closing in on $4K as ERC20's Erupt With Whale Activity 8-03-24, 07:11


📈🐳 #Ethereum's market value is up to $3,920 and the #2 cap ranked market price ratio vs. #Bitcoin is +9.5% in the past 3 days. When these kinds of price dominance flips occur, we often see profits quickly redistribute, and whales becoming very active in #ERC20-based #altcoins.

$FTM, $FET, $RNDR, $ZRX, and $RSR have all recently had (at least) 3-month high spikes in the amount of $100K+ transactions happening on their networks. The respective projects have seen large market cap surges along with the $ETH rise as well.

Check out the link to the pictured chart here.

Enjoy free time as a Sanbase PRO trial member today, and immediately see what others in #crypto can't as new #AllTimeHighs could be revisited shortly.

Apr 2