Bitcoin recently surpassed the $123,000 mark, setting a new all-time high and dominating crypto discussions like never before. According to on-chain platform Santiment, nearly 43.06% of all crypto discussions at that peak had Bitcoin as their topic of discussion. This sort of surge in social dominance is usually a precursor of overretail interest, usually FOMO-led. […]
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3-Week Dips in Chainlink & Quant Signal Potential Rebound Ahead
Santiment says prices are dipping for Chainlink and Quant, and the FUD around both tokens is also rising. But a price rebound is likely.
Bitcoin (BTC) Rebounds to $98K as CPI Report Triggers 15-Month Social Buzz
The latest U.S. Consumer Price Index (CPI) report unveiled an inflation rate of 3.0%, surpassing the forecast of 2.9%. Core CPI climbed to 3.3%, sparking swift reactions across financial markets. Bitcoin, leading the crypto charge, initially dropped by 2.1% to $94,250 before rebounding to $98,100—a volatile move that underscores the market’s unpredictability. According to Santiment […]
SHIBA INU vs. ETH, LINK, TON: 61% Whale Concentration
Shiba Inu’s fate rests in the hands of just ten individuals. A closer look at its token distribution reveals a potential cause for concern. As per Santiment data, 61.3% of the SHIB supply is held by the top 10 wallets, raising concerns about potential market volatility. This level of concentration is significantly higher than that […]
Dogecoin & Bonk Price Explosion: Avoiding FOMO is Key
Meme coins like Dogecoin [DOGE] and Bonk have been hogging the limelight this week with significant price increases. These speculative assets are gaining momentum as investors look to capitalize on Bitcoin’s recent surge towards $70,000. Santiment noted that altcoins are poised to maintain the growth streak as long as crowd FOMO doesn’t get in the […]
Bitcoin Break Free, Decouples From Stocks
Bitcoin’s price historically has been closely linked with the stock market specifically during periods of market uncertainty. This correlation is attributed to various factors, including investor sentiment, risk appetite, and the overall health of the global economy. Despite the recent market downturn, BTC demonstrated resilience on September 3rd, 2024, as the S&P 500 posted its third-worst performance […]
XRP’s 11% Surge Sparks Bullish Euphoria
XRP is creating waves by igniting a frenzy of bullish sentiment. Following an impressive 11% surge, traders everywhere proclaim the altcoin as the next big thing. With bullish narratives emerging from every corner, the Ripple-affiliated token is garnering massive hype. However, data platforms like Santiment earlier warned that these tokens were driven by intense FOMO […]
Ethereum’s Hidden Secrets: Why Whale Movements Aren’t Everything
Unlike Bitcoin or Polygon, Ethereum has many use cases, like DeFi, running applications, and buying and selling NFTs. This is why the movements of prominent cohorts of holders such as ‘Sharks’ and ‘Whales’ aren’t always reliable for determining the market trajectory for ETH. Because the motive behind their transactions might go beyond just market speculation. […]
PEPE Leads Memecoin Surge: Up 100% in Q2 2024
PEPE spearheaded the memecoin sector’s growth in Q2 2024, soaring by 100%. PONKE [+96%], MAGA [+80%], and TURBO [+78%] also saw substantial gains. Overall, meme assets surged by +136% in volume. In the last 30 days, PEPE not only doubled its market cap but also gained significant traction, placing it among the top 50 crypto […]
Cardano’s Whales Stir the Pot as Wallets Wane
Cardano [ADA] has registered a surge in large-scale, whale transactions, with values surpassing $100,000. As per leading data analytics platform Santiment, this uptick, reaching its peak on November 8th, is sparking interest as such activity has often been seen as a precursor with impending price reversals in the market. Despite the significant attention from larger […]