March Market Recap: When All-Time Highs Aren't Even the Ultimate Prize

The month of March has truly been one of the most bizarrely eventful in the history of crypto. Yes, this was an all-time high month for the sector. But it didn't come without some serious volatility and a lot of denial from crypto traders, who did not believe Bitcoin's $70K market value would or should happen quite so quickly in the asset's 15+ year history.

But for those who really capitalized on cryptocurrency gains in March, it wasn't so much the Bitcoin crowd nearly as much as it was the meme and AI coin traders. The two saw enormous rises in market cap for different reasons.

For meme coins, this was mainly driven by crowd pushes toward the most speculative assets, taking their Bitcoin profits that have been consistent since October, and converting them into the "high risk, high reward"

There’s more of this Insight

Choose your subscription plan

Sanbase PRO
Unlock all PRO insights

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:
insight card
signal form

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!