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Ethereum
is seeing an 8-month high level of new wallets created. With an average of 130.2K addresses newly popping up on the network every day so far in December, ETH is seeing renewed interest it hasn't seen since April.
#ETH
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📺 This week in crypto was full of sideways action for BTC, closing the week on a high back to $102.2K. Meanwhile, altcoins have mainly sunk with some dip buy opportunities opening up. Catch our video analysis! https://www.youtube.com/watch?v=bH1KZ0V6un0
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🤑 Bitcoin has climbed back to $101.5K as crypto's week closes. Buy calls are quiet on social media. For Bitcoin's next big swing, this chart will be highly useful as to when to buy (while the crowd is panicked) and sell (while the crowd is greedy). 👇 https://app.santiment.net/s/CpK7XcM9?utm_source=twitter&utm_medium=post&utm_campaign=twitter_btc_buy_vs_sell_calls_b_121324/&fpr=twitter
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🧑💻 Here are crypto's top Real World Assets (RWA's) by development. Directional indicators represent each project's ranking rise or fall since last month: ➡️ 1) @chainlink $LINK 🥇 ➡️ 2) @synthetix_io $SNX 🥈 ➡️ 3) @duskfoundation $DUSK 🥉 📈 4) @polymeshnetwork $POLYX 📈 5) @makerdao $MKR 📈 6) @hellolumerin $LMR 📉 7) @oraichain $ORAI 📈 8) @centrifuge $CFG 📈 9) @creditcoin $CTV 📈 10) @bosonprotocol $BOSON Read about the Santiment methodology for pulling github activity data from project repositories, and why it is so useful for crypto trading:
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🔗📈 Chainlink has surpassed $29 for the first time in 37 months, generating excitement from the community. This latest decoupling of LINK's price has been supported by rising levels of whale & shark accumulation. 🐳🦈 Wallets with 100K+ LINK have added 5.69M LINK to their collective wallets in just 2 months 🐟🦐 Wallets with less than 100K LINK have dumped 5.67M LINK from their collective wallets in just 2 months Throughout the history of crypto, large wallets scooping up coins from impatient or panicked retail traders is typically a recipe for market cap rises. Of course, the success of large cap altcoins like Chainlink will still be dependent on Bitcoin's ability to stay propped up. If it does, there are strong signs that patient hodlers will be rewarded in the long-term.
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📺 Was this latest crypto run a product of more whale investing, optimism over more Fed rate cuts around the corner, or just an inevitable rebound? Our video with @AndrewCVong takes a look behind the on-chain curtains to see what's next. 👇 https://www.youtube.com/watch?v=_-W-Jl1s3cQ
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