🐳 Ethereum's whale activity spiked to a 6-week high as its price declined as low as $2.38K Friday. Historically, this is a sign of accumulation from high capital key stakeholders. Though not a guarantee this will have an immediate effect on prices bouncing, it is encouraging!

🧑‍💻 Here are crypto's top ERC-20 coins by development activity. Directional indicators represent each project's ranking positioning since last month:

➡️1) Chainlink $LINK 🥇
➡️2) Ethereum $ETH 🥈
📈3) Status $SNT 🥉
➡️4) sUSD $SUSD
📉5) Synthetix $SNX
➡️6) Decentraland $MANA
📈7) Lido $LDO
📈8) Fantom $FTM
📈9) Audius $AUDIO
📈10) Injective $INJ

📖 Read about the Santiment methodology for filtering notable github activity data from project repositories, and why it is so useful for crypto trading!

💸 Ethereum's average fees sit at just $1.63, reaching an affordable level that historically has encouraged traders to increase their transfer frequency.

ETH network fees have changed drastically over time as the blockchain nears 10 years of existence. But this 4-tier visual can help as an approximate guide to show how much modern fee costs are influencing traders' decisions to make transfers. 👍

🔗 Follow along with the daily fluctuations associated with ETH network gas fees here!

📊 We are proud to introduce the new and FREE 'Top CEX Deposits' dashboard from @santimentfeed. With this completely free tool, identify the largest deposits made by Ethereum-based assets over the past 24 hours. Filter by any coin, specific type of wallet, specific exchange, or exact wallet. Additionally, sort chronologically by:

🐳 Most recent
🐳 Largest value (in USD)
🐳 Highest % of total market cap moved

🧐 You can also look up the exact transaction hash for further investigation.

🧑‍💻 Consider our dashboard in Beta as we look to perfect and expand its functionalities. But consider the existing data available accurate and ready to use for your research, trading, and investing purposes.

🔗 Explore the link here, and help our team by sharing your feedback!

📉 There was a major increase in memecoin discussions yesterday as coins like Dogecoin and Bonk were surging. Typically, markets correct when focus shifts away from layer 1's and toward more speculative assets due to greed. Today, unsurprisingly, market-wide dips are occurring.

📊 Crypto markets are extra volatile today as Bitcoin has ranged between $67.8K and $64.8K in just the past 2.5 hours. Crowd sentiment is still firmly bullish toward Bitcoin (seeing 2x the bullish comments for every bearish one). Solana's traders are notably euphoric as well.

🧐 Bitcoin has dropped as low as $58.9K today, returning to a 3-week low. However, traders are identifying this as a dip buy opportunity. The narrative flipped to bullish particularly after the US CPI report announced slightly higher inflation, with rate cuts still likely.

😨 Chainlink, Ethereum, Bitcoin, Solana, and XRP are the assets the crowd has turned the most negative on during this mild crypto slump. Coins with the most bearish crowd narratives historically have the best chance of rising. Here are the 20 best candidates:

🪙 1) Chainlink $LINK
🪙 2) Ethereum $ETH
🪙 3) Bitcoin $BTC
🪙 4) Solana $SOL
🪙 5) XRP $XRP
🪙 6) Optimism $OP
🪙 7) Polygon $MATIC
🪙 8) Sui $SUI
🪙 9) Cronos $CRO
🪙 10) Fantom $FTM
🪙 11) Avalanche $AVAX
🪙 12) Cardano $ADA
🪙 13) Render $RENDER
🪙 14) Floki $FLOKI
🪙 15) Pepe $PEPE
🪙 16) Toncoin $TON
🪙 17) Filecoin $FIL
🪙 18) Injective $INJ
🪙 19) Shiba Inu $SHIB
🪙 20) Tron $TRX

🗣️ Ethereum's market value has rebounded as high as $2,700 as crypto continues to extend its rally. There is renewed interest toward the #2 market cap asset on social media, and margin/leverage exchange ETH wallets have spiked as well. Both are enjoying 7-week highs. 📈

🧑‍💻 Here are crypto's top ERC-20 coins by development activity. Directional indicators represent each project's ranking positioning since last month:

➡️ 1) Chainlink $LINK 🥇
📈 2) Ethereum $ETH 🥈
📈 3) Synthetix $SNX 🥉
➡️ 4) sUSD $SUSD
📉 5) Status $SNT
➡️ 6) dYdX $DYDX
➡️ 7) Decentraland $MANA
📉8) Safe $SAFE
📈9) Axelar $AXL
📈10) Lido Staked ETH $stETH

Read about the Santiment methodology for filtering notable github activity data from project repositories, and why it is so useful for crypto trading!