Four coins that got listed on Coinbase and what commonalities they have

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Santrends
Apr 8, 2021

Assets covered: 1INCH, ENJ, OGN, NKN

Metrics used: Social Volume, Active Addresses, Network Profit Loss, Whale Transactions Count, MVRV

TLDR: All four coins pumping. Could correct a bit while probably having enough fuel to keep up it's momentum


On April 7th Coinbaseannounced 1INCH, ENJ, OGN and NKN listing. All four coins pumped immediately. And price is not the only metric spiked for all four coins simultaneously. Seems like they have quite a few commonalities.


Which are they?


1. Price action itself



2. Social volume



3. Active addresses



4. Network Profit Loss



5. Whale transaction count



6. MVRV



Summing up


What we are seeing in all coins is:

  • Big spikes in Social volume suggesting that the crowd is very much talking about them
  • Big spikes in Network Profit Los on all of the coins, basically signalling short term profit taking

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Assets from this insight

1inch logo

1inch1INCH

$ 3.36

11.55%in last 7d
Enjin Coin logo

Enjin CoinENJ

$ 1.68

5.40%in last 7d
Origin Protocol logo

Origin ProtocolOGN

$ 1.17

16.69%in last 7d
NKN logo

NKNNKN

$ 0.420726

6.38%in last 7d
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