Insights Pulse Insights

Dec 14

Networks awake 14-12-22, 20:59

The events following a short period a depression have increased network activity quite impressively. See the chart layout below. Here's just one example, YFI:

Source: Sanbase

There are differences. For instance, REN:

Source: Sanbase

REN is not picking up so strong because of it's complicated financial situation.


UNI:

Source: Sanbase

UNI experienced a strong growth before, when there was an NFT marketplace announced. But still, we can see it's growing strongly, even compared with NFT related pump.


Each token has it's own story. It's own specific story which makes the difference. But many have a common pattern, it's network activity increasing quite a lot.


We might follow up in few days with more detailed market overview, for now just seeing massively increased network activity on many tokens. Therefore, networks awake.


Chart layout: https://app.santiment.net/s/_Qz39fm9

Dec 13

Nov 28

Oct 6

Aug 4

Aug 3

Feb 14

Feb 9

Jan 31

Dec 26