📊 With volatility at its peak during the opening days of February, whale transactions are indicative of which altcoins you should have on your radar. The assets seeing the highest rises in whale activity this week are:

🐳 1) Dai $DAI
🐳 2) Floki $FLOKI
🐳 3) Chintai $CHEX
🐳 4) Aave $AAVE
🐳 5) Jasmy $JASMY
🐳 6) Apecoin $APE
🐳 7) Maker $MKR
🐳 8) Cronos $CRO
🐳 9) Kucoin $KCS
🐳 10) Renzo Staked Ethereum $EZETH

📊 This pictured chart is not showing the prices of these coins. Instead, it illustrates the ratio of positive vs. negative sentiment (and volume of conversations) toward $APE, $DOGE, $GOAT, and $GIGA across social media.

These are among the best performing coins in crypto the past couple weeks, and naturally attracted lots of FOMO & bullish sentiment as each coin pumped. Once the bullish sentiment got high, each asset corrected one by one.

This phenomenon is not exclusive to memecoins, either. Prices typically always go the opposite direction of the crowd's expectations, and when the crowd gets extreme on either the bullish or bearish end, it becomes highly predictable to buy or sell.

Use this template to check in on how any of the 3,000+ coins Santiment tracks look, according to the ratio of bullish vs. bearish comments across social media.

🗣️ The top trending topics revolving around crypto social media include:

🍔 #McDonald: Humorous and critical perspectives on Donald Trump's visit to McDonald's, and memecoin speculation revolving around it

🐵 #Apecoin: +63% price pump of the memecoin, and future price targets reflecting a bullish sentiment among traders, particularly coinciding with the launch of ApeChain

🪙 #Bitcoin: Target prices and predictions of how close crypto's top asset is to breaching its March All-Time High, let alone a return above $70K

📊 #Altcoins are creating separation from one another as market polarity continues after last week's big news:

Net. Growth Risers (3 weeks):
📈 $ETH +6%
📈 $ENS +124%
📈 $T +195%

Net. Growth Fallers (3 weeks):
📉 $ENJ -32%
📉 $BAT -42%

📉 $APE -23%

Check out the chart, and compare your own favorite projects!

Our freshly published new video covers the most #bullish divergences right now for 6 of the best leading indicators on Santiment. Make sure to give our #YouTube channel a follow with the notification bell on so you'll be the first to catch our videos!

The ApeCoin supply on exchange reached record high level since December:

Network realized profit/loss is almost completely underwater indicating possible exits in loss all the period:

Aligned with increasing transaction volume...

... and bearish sentiment within APE holders and towards NFT overall, what could it mean?

More on-chain data to analyze on a chart layout: https://app.santiment.net/s/loEcG-n3

An assessment of the profitability of leading metaverse tokens Apecoin [APE], Decentraland [MANA], and The SandBox [SAND] revealed that only APE holders have turned a profit so far this year.

The MVRV ratio for APE is currently positive at 15.81% and is trending upward, while the MVRV ratios for MANA and SAND are both negative at -59.77% and -33.31%, respectively, making them undervalued.

A coin is considered undervalued when the MVRV ratio is below 1, meaning that the current market capitalization is less than the total value of all coins that have been realized. In this case, if an investor sells MANA and SAND at their current market prices, he will realize losses on his investments.

Twitter: @AO15U

Two possible ideas to observe.

High onchain activity and lack of price reaction are noticed in APE and TON.

APE:

TON:

ApeCoin has launched staking, its address activity surge is healthy and expected. Unexpected is APE price not doing much. Similar for TON.

Chart: https://app.santiment.net/s/mIs9sjlr