📈 Ethereum has just hit a 4-month high in network growth, on a day (Sunday) that is traditionally the least active of the week. 126,210 new wallets created is indicative of rising network utility and anticipated price bounces from the $2,200-$2,300 level.

🔗📊 LINK's discussion dominance across social media is officially at its highest level of 2024. Combined with declining total holders, this is generally a bullish signal if markets stabilize this upcoming week. The asset sits at $10.22, a -18% drop since its Aug 18 local top.

📊 As traders await a potential Bitcoin/crypto rebound, Cardano, Quant, and Holo are three notable assets seeing a sudden surge in address activity. When coins that are declining in value suddenly see rises like these, it historically raises the likelihood of a bounce. 📈

⚡️ Litecoin is seeing a consistently higher level of whale activity than usual since late August. On top of this, the level of discussions toward the 19th ranked market cap OG asset has erupted in a big way. Whether or not you are a fan of LTC, this is worth keeping an eye on.

🧑‍💻 Here are crypto's top NFT projects by development. Directional indicators represent each project's ranking rise or fall since last month:

➡️ 1) @decentraland $MANA 🥇
➡️ 2) @flow_blockchain $FLOW 🥈
➡️ 3) @metaplex $MPLX 🥉
📈 4) @enjin $ENJ
📉 5) @axieinfinity $AXS
➡️ 6) @aavegotchi $GHST
➡️ 7) @thesandbox $SAND
📈 8) #monavale $MONA
📈 9) @yieldprotocol $DYP
📈 10) @phantasmachain $SOUL

Read about @santimentfeed's methodology for covering development activity for over 3,000 projects:

📊 Polygon’s migration from $MATIC to $POL has corresponded with massive data anomalies in its first few days. Check out our deep dive on the on-chain & social data behind this transition, and learn how this upgrade should impact long-term holders. 👇
https://insights.santiment.net/read/the-matters-of-matic-and-why-traders-are-racing-to-the-pol-8088?utm_source=twitter&utm_medium=post&utm_campaign=twitter_the_matters_of_matic_pol_insight_b_090624/&fpr=twitter

📺 With crypto continuing to slip, have traders had enough? Historically, the biggest sign of a bounce is traders jumping ship. We are LIVE to analyze @santimentfeed metrics, and see if the data's telling us it's time to strike! https://youtube.com/live/i78uHougGYM

Bitcoin Back at $55K... Is It Time? (TWIC September 6th) https://x.com/i/broadcasts/1YqKDkOrmzExV

Bitcoin Back at $55K... Is It Time? (TWIC September 6th) https://x.com/i/broadcasts/1jMJgBDMjjOGL

📺 Enjoy our market update with 3xCapital as we discuss some of the top trending keywords and coins. Learn how our community analyzes the greedy and fearful trends that are perpetuated by the crowd. 👇
https://www.youtube.com/watch?v=_4ygoqy0nU4

🐳 Crypto markets may be unpredictable for now, but whales never fully sleep. Here are the 10 projects seeing the highest increase in whale activity (amount of $100K+ transactions):

1) @superrare $RARE 🥇
2) @pepeforketh $PORK 🥈
3) @stargatefinance $STG 🥉
4) @0xpolygon $POL
5) @carrieverse $CVTX
6) @selfkey $KEY
7) @tokemakxyz $TOKE
8) @rally_io $RLY
9) @renzoprotocol $REZ
10) @cryptovoxels $VOXEL

📺 Our latest video market update with ThinkingCrypto looks at the whales' continued coin-hoarding ways. We also discuss whether the dying meme coin hype (for now) is exactly what crypto needs for a bounce! 👇
https://www.youtube.com/watch?v=hete-SbWDns

🤔 Do you anticipate Bitcoin and/or Ethereum make a new all-time high by the end of 2024?

Current Prices:
✔️Bitcoin $56.5K
✔️Ethereum $2.39K

All-Time High Prices:
✅Bitcoin $73.7K (+30.4% Higher Than Current)
✅Ethereum $4.87K (+103.8%) Higher Than Current)

🗣️ It's no secret crypto continues being driven by hype & fear. Our latest insight explores the popular narratives over the past month (like Durov's arrest, memecoin hype & letdowns, and BTC mining discussions) continue playing a crucial role. 👇
https://insights.santiment.net/read/fears-and-cheers-as-crypto-shifts-gears-8084?utm_source=twitter&utm_medium=post&utm_campaign=twitter_fears_and_cheers_as_crypto_shifts_gears_insight_b_090424/&fpr=twitter

📊 1Inch, Tron, and Stellar have been getting shorted on and off here in early September. When we see heavy bets against an asset, liquidations can occur which act as "rocket fuel" for the asset's price to rise higher. Going against the crowd of doubters could pay dividends.

📊 As crypto assets have shown mild recovery promise today, it is important to keep perspective on the mid and long term performances of most traders. Average returns for traders active in the past 6 months:

😉 XRP: +2.5%
🫤 Bitcoin: -8.8%
🙁 Ethereum: -22.6%
😬 Toncoin: -23.0%
😫 Dogecoin: -32.9%

As a trader, if you enjoy making profits, you WANT to be in assets where other traders are in pain and seeing losses.

The vast majority of altcoins are seeing their traders under water, meaning this is historically a less risky time than average to buy or add on to your positions for the respective assets on this chart.

Further explore all of the useful @santimentfeed indicators to make more informed trading decisions.

Make a free copy of our MVRV Mid-Term Sansheets model here by simply selecting File - Copy: https://t.co/jcyB3LIB0V

For easy instructions to use this model yourself any time, simply:

1) Download Sansheets: https://t.co/5yfJ7oYMsX

2) Plug in your API from and Sanbase PRO trial or membership account: https://t.co/XJNtPVG4O9

3) If you're having trouble getting the data to load on a model, head to the 'Data' tab on the far right of the spreadsheet, and go to the yellow cell. Then delete the cell formula, then hit Undo. This should manually refresh the data.

4) If data still won't load, copy the URL of your model, close the tab, and then paste the URL in a new tab and hit enter

😯 What are some of the key crowd social trend metrics indicating after this latest dip? Are the necessary panic signs and small trader sell-offs creeping in once again to hint at a quick rebound? We take a quick look in our latest insight: https://insights.santiment.net/read/signs-of-greed-and-fear-for-the-final-third-of-the-year-8081?utm_source=twitter&utm_medium=post&utm_campaign=twitter_signs_of_greed_and_fear_insight_b_090324/&fpr=twitter

📉 The S&P 500 had its third worst performing day of 2024 today. However, Bitcoin did not see nearly as significant of a drop as the August 4th bloodbath:

😬 August 4th: S&P 500 -3.00%, BTC -7.16%
😏 September 3rd: S&P 500 -2.16%, BTC -1.82%

This is a promising sign that crypto is becoming gradually less sensitive to fluctuations from equities.

🧑‍💻 Here are crypto's top Solana ecosystem projects by development. Directional indicators represent each project's ranking rise or fall since last month:

➡️ 1) @solana $SOL 🥇
📈 2) @wormholefdn $W 🥈
📈 3) @pythnetwork $PYTH 🥉
📈 4) @jito_sol $JTO
➡️ 5) @neonlabsorg $NEON
📉 6) @driftprotocol $DRIFT
📈 7) @orca_so $ORCA
📉 8) @helium $IOT
📉 9) @helium_mobile $MOBILE
📉 10) @metaplex $MPLX

Read about our objective methodology for covering development activity for over 3,000 projects on the @santimentfeed platform:

📈 Ethereum continues to separate itself from Bitcoin in terms of wallet growth:

🪙 Bitcoin: 54.18M Total Holders (-0.1% in 3 Months)
🪙 Ethereum: 126.96M Total Holders (+3.3% in 3 Months)
🪙 Tether: 5.99M Total Holders (+4.0% in 3 Months)