📈 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.

The supply of #stablecoins appear to have been rapidly accumulated by large wallets over the past 3 weeks. Wallets holding at least $5M in #crypto have added a collective 5.09% of the combined supplies of $USDT, $USDC, $BUSD, $DAI, $TUSD, and $USDP.

🥳 #Bitcoin has officially climbed above $50K for the first time since December 27, 2021. #Stablecoin market caps have risen significantly, with $11.4B more added in just 4 months. $5M+ whale wallets have accumulated 2.32% of the top 6 stables in 4 weeks.

💸 Since late September, the constant in #crypto has been encouraging rises in #stablecoin market caps. The combined cap of $USDT, $USDC, $DAI, $BUSD, $TUSD, and $USDP is up $9.42B in 4 months, typically a necessary ingredient for #bullish conditions.

📉 The top 100 #TrueUSD wallets have dropped a collective 27.8% of their holdings in the past week, which is a dump of $181M. $TUSD has moved up to the 4th largest #stablecoin in October, after #BinanceUSD saw its market cap decrease significantly.