2 good SUSHI dishes of 10
Assets covered: Sushi
Metrics used: Social Volume, Age Consumed, Exchange Inflow, Daily Active Deposits, Network Profit/Loss, MVRV, Trading Volume, Transaction Volume, Active Addresses, Holders Distribution, Mean Dollar Invested Age, Development Activity, Network Growth
Andre Cronje has announced YFI+SUSHI synergy on December 1st, somewhere here:
SUSHI increased around 30% since then.
A few days later we can see a number of worrying signs in this token's data, and a few green lights. Let us reveal all these.
Worrying signs
🍽️ Age Consumed
🍽️ Exchange Inflow and Daily Active Deposits
🍽️ Network Profit/Loss
🍽️ MVRV 30d
🍽️ Trading Volume, Transaction Volume in USD, Active Addresses
All three spiked significantly. The thing is they should spike even higher next days for a sustained price push. Nice to keep an eye on these three metrics. If they wouldn't pump higher, SUSHI could correct.
There’s more of this Insight
Choose your subscription plan
Years of market experience, compressed in each report
Since 2017, Santiment has been an industry leader in on-chain data, social intelligence and behavior-based analysis of the crypto market.
Our tools have a proven track record of timing price tops for cryptocurrencies, helping traders find profitable exit points and mitigate HODLing risk.
Our previous TOP calls:
What you get with Sanbase Pro:
- Members-only daily market insights and analysis
- 30+ on-chain, social & project indicators for 900 cryptocurrencies
- Custom alerts for the coins' price, on-chain & social trends
- Santiment Spreadsheet plugin with 10+ pre-made market templates
- Personalized asset watchlists and weekly performance reports
Gain unfair advantage with Sanbase Pro
Subscribe to Sanbase Pro for access to exclusive insights, market-beating metrics, strategies and templates!