🧑‍💻 Here are crypto's top 10 DeFi projects by development. Directional indicators represent each project's ranking positioning since last month:

➡️ 1) Synthetix $SNX 🥇
➡️ 2) dYdX $DYDX 🥈
➡️ 3) Lido DAO $LDO 🥉
➡️ 4) Injective $INJ
📈 5) Uniswap $UNI
📈 6) Fox $FOX
📉 7) Osmosis $OSMO
📈 8) Maker $MKR
📈 9) Origin $OGV
📈 10) Sora Validator Token $VAL

Read about Santiment's methodology for covering development activity for over 3,400 projects!

🗣️ Bitcoin just jumped back over $60K, as traders are eyeing altcoins at the moment. The top trending assets, based on discussion rate, are:

🪙 Chiliz $CHZ: Traders expressing excitement over the $PEPPER airdrop, which requires CHZ holders to stake a minimum amount to qualify for new tokens.

🪙 Aave $AAVE: Integration with World Liberty Financial, a project linked to the Trump family. It involves the Aave v3 protocol on the Ethereum blockchain, aiming to enhance decentralized finance (DeFi) accessibility for borrowing and lending services.

🪙 Uniswap $UNI: A new Layer-2 network called Unichain have sparked interest, leading to price increases and trading volume spikes.

🧑‍💻 Crypto's top 10 DeFi projects by development. Directional indicators represent each project's ranking positioning since last month:

➡️ 1) Synthetix $SNX 🥇
➡️ 2) dYdX $DYDX 🥈
📈 3) Lido DAO $LDO 🥉
📈 4) Injective $INJ
📉 5) Osmosis $OSMO
📈 6) Uniswap $UNI
📈 7) Fox $FOX
➡️ 8) Centrifuge $CFG
📉 9) Maker $MKR
📈 10) Origin DeFi Governance $OGV

Read about Santiment's methodology for covering development activity for over 3,000 projects.

📊 The lower a coin's 30-day MVRV is, the less risk there is in opening or adding on to your position for a shorter term timeframe.

In order of the trackable top caps seeing the least to most risk of dip buy potential right now:

DOGE: -19.7% 🥇
UNI: -16.3% 🥈
LTC: -15.0% 🥉
ETH: -13.2%
LINK: -11.1%
XRP: -10.1%
ADA: -9.9%
BTC: -9.6%
TON: +4.0%

📈 Among top 30 crypto assets, the most notable recent price risers are:

🤑 $UNI: Seeing significant crowd FOMO, meaning there's a higher likelihood of a correction

🙂 $XMR: Seeing moderate interest, could fade slightly

😒 $KAS: Almost no FOMO, higher chance of continuing pump

📈The hype surrounding #Ethereum's first spot #ETF has been a catalyst for one of #crypto's top 5 days of 2024. $ETH, $UNI, $PEPE, $BONK, & $LDO are all over +20% in 24 hours. #Bitcoin's jump to $71.4K for the 1sttime in 6 weeks is almost an afterthought.

Explore the Santiment data screener here and find which #bullish opportunities are still to come!

🦄📉 #Uniswap has seen a significant amount of #FUD from traders after the #SEC publicly revealed their warning to #UniswapLabs of their pursuit of potential enforcement action. The discussion rate toward $UNI immediately saw its highest level in 15 months, and circulation spiked.


History has proven that there can be a bounce back effect when there is an overly fearful narrative toward a declining asset, as many witnessed with $XRP's own saga with the #SEC the past couple years. The asset's market cap has slid -38% in the past month.


Check out the social dominance and circulation chart for Uniswap here to consider whether the crowd's doubts may be creating an opportunity.

🧑‍💻 Here are #crypto's top #DeFi-related coins, sorted by notable development activity in the past 30 days:

1 Osmosis $OSMO
2 Radix $EXRD
3 Uniswap $UNI
4 Fox $FOX
5 DyDx $DYDX
6 Lido Dao $LDO
7 Synthetix $SNX
8 Centrifuge $CFG
9 Sora Validator $VAL
10 Bancor $BNT

Check out our #DeFi watchlist while the sector continues seeing a notable uptick in market cap growth.

Read about the Santiment methodology for pulling #github activity data from project repositories, and why it is so useful for #crypto trading: https://medium.com/santiment/tracking-github-activity-of-crypto-projects-introducing-a-better-approach-9fb1af3f1c32

Try a free trial to Sanbase PRO and see what others in #cryptocurrency can't!