Sep 12
🧐 Altcoins to watch as cryptocurrency continues to enjoy its strong rebound include Decentraland, The Graph, and Aave. Each of these top 100 market caps are seeing significant short ratios on Binance, implying liquidations would lead to big price jumps.
Aug 30
🧑💻 Here are crypto's top gaming projects by development. Directional indicators represent each project's ranking rise or fall since last month:
➡️ 1) MultiversX $EGLD 🥇
➡️ 2) Decentraland $MANA 🥈
📈 3) Wrapped NCG (Nine Chronicles Gold) $WNCG 🥉
➡️ 4) Skale $SKL
📉 5) Immutable X $IMX
📈 6) Treasure $MAGIC (On Arbitrum)
📈 7) Treasure $MAGIC (On Ethereum)
📈 8) FUNToken $FUN
📉 9) Enjin $ENJ
📉 10) Axie Infinity $AXS
Read about our new, objective methodology for covering development activity for over 3,000 projects!
Jul 11
🧑💻 Here are crypto's top Gaming projects by their by their non-redundant daily development activity over the past 30 days.
Direction indicators represent whether each project has ascended or descended in their rankings since last month:
➡️1) Multiversx $EGLD 🥇
➡️2) Decentraland $MANA 🥈
➡️3) ImmutableX $IMX 🥉
➡️4) Skale $SKL
➡️5) Root $ROOT
📈6) Enjin $ENJ
📉7) Axie Infinity $AXS
📈8) Saito $SAITO
📉9) Cere $CERE
➡️10) The Sandbox $SAND
Bookmark this Gaming watchlist, and track what assets continue to rise and make it on to this leaderboard.
Read about our new methodology for covering development activity for over 3,000 projects.
Jun 13
🧑💻 Here are crypto's top NFT-related coins by notable development activity in the past 30 days. This list is compiled by counting any non-redundant github activity of each project. Flow has overtaken Decentraland for the #1 spot after the projects were flipped in last month's update:
📈1) Flow $FLOW 🥇
📉2) Decentraland $MANA 🥈
➡️3) Metaplex $MPLX 🥉
📈4) Axie Infinity $AXS
📉5) Enjin $ENJ
📉6) The Sandbox $SAND
📉7) Aavegotchi $GHST
📈8) Bounce $AUCTION
📈9) Punk $PUNK
📈10) Nftx Hashmasks Index $MASK
Check out our NFT watchlist here to track development activity fluctuations, and see which are flashing on-chain or social bullish signals.
Read our latest writeup on the Santiment methodology for pulling github activity data from project repositories, and why it is so useful for #crypto trading.
Jan 11
🧑💻 Top 10 #ERC20 #crypto assets by notable #github activity, past 30 days:
1 Status $SNT
2 Chainlink $LINK
3 Ethereum $ETH
4 Decentraland $MANA
5 Vega Protocol $VEGA
6 Audius $AUDIO
7 Mask Network $MASK
8 Wrapped Nine Chronicles $WNCG
9 dYdX $DYDX
10 Radix $EXRD
#Ethereum-based projects were some of the bigger beneficiaries in market cap growth following the #SEC's 11 #ETF approvals yesterday. Read our recap all about why development activity is such an important element for optimizing your portfolio here!
Nov 29
🧑💻 With markets rising over the past couple of months, there has been a bit of renewed crowd interest revolving around NFT's. Below are the top 10 NFT-related projects, according to our algorithm that calculates notable development activity:
1 Flow $FLOW
2 Decentraland $MANA
3 Enjin $ENJ
4 Axie Infinity $AXS
5 The Sandbox $SAND
6 Yield Protocol $DYP
7 Monaverse $MONA
8 Bounce Finance $AUCTION
9 Aavegotchi $GHST
10 Alien Worlds $TLM
Check out Santiment's methodology for pulling #github activity data from project repositories, and why it is so useful for #crypto trading.
Enjoy a free 1-week trial to Sanbase PRO to enjoy a big edge in your trading. 👇
Jan 18
An assessment of the profitability of leading metaverse tokens Apecoin [APE], Decentraland [MANA], and The SandBox [SAND] revealed that only APE holders have turned a profit so far this year.
The MVRV ratio for APE is currently positive at 15.81% and is trending upward, while the MVRV ratios for MANA and SAND are both negative at -59.77% and -33.31%, respectively, making them undervalued.
A coin is considered undervalued when the MVRV ratio is below 1, meaning that the current market capitalization is less than the total value of all coins that have been realized. In this case, if an investor sells MANA and SAND at their current market prices, he will realize losses on his investments.
Twitter: @AO15U
Nov 1
Apr 27
We love to look at different ways to gauge which assets may be under the radar and ready to pump. At the time of this writing, altcoins are pumping hard against Bitcoin once again, just a few days after a market-wide dump that saw retracements all over the map.
For this list, we've put together five charts that show a rising gap between overall daily address activity (high orange lines are generally a good sign), and daily active deposits (low pink lines are generally a good sign).
Ethereum ($ETH) - #2 Market Cap Asset
Maker ($MKR) - #35 Market Cap Asset
Enjin Coin ($ENJ) - #57 Market Cap Asset
Decentraland ($MANA) - #59 Market Cap Asset
Basic Attention Token ($BAT) - #66 Market Cap Asset
Apr 5
We recently posted about Ethereum's return above $2,000 this past week, and our explanation on one of the key contributors to why.
When active addresses move up over time for a crypto asset, while active deposits move down, it's a reliable indication of a token seeing growing utility without funds moving to exchanges for potential sell-offs. In other words, this is a very bullish pattern our pro traders look for often.
Our new Daily Active Deposits & Non-Deposit Activity Sansheets Model easily identifies which assets are developing patterns similar to Ethereum's. Here's a snapshot of which activity vs. deposit ratios are rising vs. their 3-month resting averages:
Here are some of the largest bullish divergences, according to this model. We look for high green bars (indicating large activity/deposit ratios), and large green dots on the above model, and rising orange lines on Sanbase here: