Top Social Gainers for June 13th, 2019

Here are latest and biggest developing stories in crypto based on Santiment's data.


1. FTM

Thursday Fantom remained on the mouth after Binance listing few days ago.

Price action: -15%

While news-wise there's nothing more to observe, it's interesting to take a look at onchain data these days.

Exchange flow seems to me most interesting:

FTM deposits volume had two days maximum - on the day of announcement and the first day of trading. As expected.


The opposite site, withdrawals volume, spiked even more when trading started. And I don't know how to explain it.
Why thousands of users been withdrawing an asset at it's maximum price?


Arbitrage?

May be.

More then 1500 arbitrage transactions detected between Binance, Kucoin and BitMax.


2. BNB

Binance coin reached new all time high in USD - 36.


News articles titles:

Talks:

  • Bnb to 100 usd baby leggo
  • Awesome next ieo gonna send bnb price up 15 usd
  • Bnb getting stable at 42?
  • Bnb price gonna hit 100 usd in day! if a rumor i heard is true
  • Bnb will be the new eth
  • BNB to Saturn😂😂😂
  • I don't see any incentive to hold any other coin in the market besides this or BNB.
  • Binance is entering USA guys. BNB moon

No negatives. Like totally.


3. MITH

Binance AMA's still pushing price higher as usual:

16% up and down on AMA day. Ok.

Notice that MITH trading airdrop period is in place. It also applies some constant upwards momentum till the final date.


Not that much talks around MITH except on telegram:

  • Mith is back🔥🔥🔥
  • Take the low hanging fruit with mith
  • Miss mith miss out
  • Mith is a pump till next week
  • still holding mith! but feel like i am rekt

As always, head over to our Social Trends page for the latest updates.

Thanks for reading!

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