Sleeping on Assets With Increasingly (or Active Networks While Markets Chop? You Probably Shouldn't!

📊 According to our Activity Matrix, which instantly identifies which assets are seeing higher or lower #onchain and social activity than usual, the #crypto #altcoins to watch this week are:

Hot Networks (High Likelihood of Price Trend Reversal):
🔥 #Galxe $GAL (+15% in 7 days)
🔥 #Lever $LEVER (+44% in 7 days)
🔥 #WrappedBTC $WBTC (+0% in 7 days)

Cold Networks (High Likelihood of Continued Price Trend):
❄️ #XRPLedger $XRP (+3% in 7 days)
❄️ #Chromia $CHR (+3% in 7 days)
❄️ #Hashflow $HFT (-2% in 7 days)

Remember that whether an asset is "hot" or "cold" isn't necessarily related to its price performance. Watching the price trend of an asset, combined with how active their networks suddenly get compared to normal, is fantastic for identifying #alpha to accurately assess where the price will trend next.

Note: If the asset's price trend has been flat, take a "wait and see" approach before overreacting to its network suddenly heating way up or cooling way down.

Read more about how to profit off of the Santiment Activity Matrix model here, which includes easy info to use it on a daily basis.

Sanbase PRO trials are completely free to tap into helpful #cryptocurrency indicators like the one in this thread. Get yours here!

Grab a free copy of this innovative model by going to File - Make a Copy on our host link here, which is most compatible for paid #GoogleSuite users.

If you're on a free #GoogleSuite plan, this Mini version will likely run more smoothly and be more compatible for you. Go to File - Make a Copy on our host link here.