Blockchain analytics platform Santiment is listing the major narratives that are likely to prevail in the crypto space this year. Starting with non-fungible tokens (NFTs) and memecoins, Santiment says that the two crypto sub-sectors are “always primed for a sudden surge of interest.” As an example, Santiment says that the rise in interest in the […]
The post NFTs, Memecoins and Six Other Topics To Drive Crypto Markets in 2024, According to Analytics Firm appeared first on The Daily Hodl.
A small-cap crypto project built on Kusama (KSM) has exploded by more than 188% this week amid widespread momentum among Polkadot (DOT) ecosystem projects. Moonriver (MOVR) is an Ethereum (ETH)-compatible parachain built on Kusama. The project serves as a canary network to test code for Moonbeam (GLMR), a smart contract platform for cross-chain connected applications. […]
The post Crypto Project Built on Kusama (KSM) Skyrockets 188% This Week Amid Wider Polkadot (DOT) Ecosystem Momentum appeared first on The Daily Hodl.
Cryptocurrency analytics platform Santiment is naming three digital assets that it says possess long-term bullish prospects. Santiment says that Ethereum (ETH), Shiba Inu (SHIB) and the artificial intelligence-focused crypto project Fetch.ai (FET) are witnessing a reduction of the supply held on exchanges by their top 10 holders. According to Santiment, the moving of the three […]
The post Ethereum, Shiba Inu and One Altcoin That’s Exploded Over 250% in Two Months Flashing Bullish Signals: Santiment appeared first on The Daily Hodl.
Crypto analytics firm Santiment is warning about Solana (SOL) and two other altcoins based on one key metric. The firm says that the discussions of Solana on social media platforms are soaring, which often signals a market top. Social media discussions are also rising quickly for Stacks (STX), a project that aims to enable smart […]
The post ‘Take a Cautious Approach’ – Santiment Issues Warning on Solana, NEAR Protocol and One Bitcoin Ecosystem Altcoin appeared first on The Daily Hodl.
A trader who nailed the top of the 2021 Bitcoin (BTC) bull market is warning of a severe market correction for one Solana (SOL)-based memecoin. Pseudonymous analyst Pentoshi tells his 711,700 followers on the social media platform X that Bonk (BONK) could lose half its value within weeks. “You’ll be able to buy BONK 50% […]
The post Solana-Based Altcoin That’s Rallied Over 1,200% Primed To Crash ‘Within Four to Six Weeks,’ Says Top Analyst appeared first on The Daily Hodl.
An Ethereum (ETH)-based native token for a decentralized finance (DeFi) project is flashing a couple of bullish divergences, according to the crypto analytics firm Santiment. Aave (AAVE), a DeFi lending protocol, is trading at $93.89 at time of writing and is up more than 2.3% in the past 24 hours. Santiment notes that the asset’s […]
The post Ethereum DeFi Altcoin Showing Bullish Divergence As Indicator Enters ‘Bounce Zone’: Santiment appeared first on The Daily Hodl.
Top stablecoin USDT has flowed onto crypto exchanges in the past six months, a potentially bullish indicator, according to the crypto analytics firm Santiment. The firm notes that Bitcoin (BTC) has been moving back “mildly” onto exchanges this month due to trader uncertainty. Santiment, however, says that USDT exchange inflows have also countered the BTC […]
The post USDT Flowing to Crypto Exchanges Brings New Buying Power To Counter Sell-Offs, Says Analytics Firm Santiment appeared first on The Daily Hodl.
Whales have contributed to a rally in the decentralized oracle service provider Chainlink by accumulating massive amounts of LINK, analytics firm Santiment reports. Santiment says that the top 200 Chainlink wallets added $50 million worth of LINK in the past five weeks, helping the altcoin drastically outperform Bitcoin (BTC). “Chainlink is moving ahead of the […]
The post Crypto Whales Give Chainlink Boost After Accumulating $50,000,000 More in LINK: Santiment appeared first on The Daily Hodl.
Leading crypto analytics firm Santiment says the largest non-exchange Ethereum (ETH) wallets are gobbling up the second-largest digital asset at record rates. Santiment says Ethereum wallets are “forming an encouraging pattern.” The analytics firm notes that the 10 largest non-exchange Ethereum wallets now hold more than 41 million ETH for the first time ever, while […]
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Top blockchain oracle provider Chainlink (LINK) is flashing a potentially bullish signal, according to the crypto analytics firm Santiment. Santiment says LINK witnessed a “massive amount” of older coins moving wallets on Tuesday. Explains the firm, “Big older coin movement typically is followed by big price movements, which is what occurred September 15th, resulting in […]
The post Chainlink Flashing Bullish Signal As Massive Amount of Dormant LINK Abruptly Moves, According to Santiment appeared first on The Daily Hodl.
