👉👉Santiment: Among Altcoins, 3 Stand Out with an Increase in User Numbers! 👈👈
Santiment warned investors about a possible price increase by emphasizing the increase in the network growth of three altcoins.
According to the data shared by Santiment, the network growth of many altcoins has increased significantly at the moment. In particular, Ripple (XRP), Shiba Inu (SHIB) and Band Protocol (BAND) are among the projects that stand out with their network growth.
As of last Sunday alone, the network growth experienced in these projects was recorded as follows: 22,357 new wallets for Ripple, 7,548 wallets for Shiba Inu and 35 new wallets for Band Protocol.
These increases have occurred well above the normal network growth rates of each project and are interpreted as a sign of high mass participation and some levels of enthusiasm accordingly.
In the short term, price fluctuations may be seen with increasing retail investor participation. However, in the long term, the increase in blockchain usage of an asset is generally considered a positive indicator.
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