📈 These are the assets seeing the highest increase in new wallet creation this week, indicating increased network growth despite the market-wide crypto correction:

📌 1) Baby Doge Coin #BABYDOGE

📌 2) Unu Sed Leo $LEO

📌 3) True USD $TUSD

📌 4) Multi Collateral Dai $DAI

📌 5) Sushiswap (On BNB) $SUSHI

📌 6) Sushiswap (On Ethereum) $SUSHI

📌 7) Frax $FRAX

📌 8) Turbo Toad Token $TURBO

📌 9) Tether $USDT

📌 10) Mog $MOG

Long-term, added utility and increased network growth is a necessary ingredient for market caps to rise. Stay on the lookout for projects with major increases in wallet creation.

🐳 These coins have seen the biggest whale activity increases over the past week:

1) Apecoin $APE
2) Treasure $MAGIC
3) Sushiswap $SUSHI
4) Holo $HOT
5) API3 #API3
6) Frax $FRAX
7) Aragon $ANT
8) AIOZ $AIOZ
9) Metis $METIS
10) Chintai $CHEX

🤔 Consider it likely that any coins seeing 5x their normal whale transactions in a given week are much more likely to see major price swings that are opposite to their recent trends.

📈 If the price of that coin is underperforming the markets and whale transactions spike, it is a sign the coin's price is much more likely to rise.

📉 If the price of that coin is outperforming the markets and whale transactions spike, it is a sign the coin's price is much more likely to drop.

📈 This past week has been a story of #crypto sectors taking turns with big pumps.

🪙#AI projects like $AGIX, $AGI, $DBC, $XRP
🪙#NFT projects like $ALI, $TVK, $UOS, $FEAR
🪙#DeFi projects like $UNI, $CVX, $SUSHI, $SPELL
🪙#ERC20 projects like $BLUR, $WOO, $JASMY, $AIOZ

Monitor the full Santiment watchlist dashboard to organize and optimize your portfolio for improved profits as we approach just 7 weeks until the highly anticipated #Bitcoin #halving!

Dear bulls and dear bears,
We have something for each of you, to support your take on the market.

For bears,
We are seeing some patterns emerging now, for example on Lido:

It's in the process of building the top, in the final stage of divergences. Divergence in network activity and in network growth:

Price remains on top, however active addresses and network growth are down.

This is usually a bearish sign, a well known pattern.

Building a top can take time. You never know the timing of top building. No one knows.

For bulls,

The good news is MVRV is not over. It's below dangerous 'overbought' level for a number of assets. Examples below.

We could also assume that some tokens are done, some not yet. We'll see it soon.