$WLD $ARKM and $PEPE Volume and Ownership Analysis
In order to be a successful investor in the cryptocurrency world, being able to identify coins with rising potential in advance provides a great advantage in terms of trading. Here are some strategies you can use to identify these potential coins:
📌Volume Tracking
Volume is an important indicator of how much interest a coin receives and how many transactions are made. The high volume in WLD and ARKM that appeared yesterday usually signals a bullish signal along with BtC. For volume tracking:
• 24-Hour Volume: Coins with high daily trading volume can generally attract great interest in the short term.
• Increase in Volume: Sudden increases in volume may signal an imminent change in the price of the coin.
📌Owner Growth On-Chain Analysis
An increase in the number of owners of a coin indicates that the coin's adoption rate is increasing. Growth like PEPE may indicate increased confidence in the coin and attracting the interest of more investors. To analyze owners' growth:
• Number of Wallets: An increase in the number of unique wallets for a coin indicates that that coin is held by more people.
• New Owners: New wallets, especially purchases by large investors (whales), can indicate the future potential of the coin.
📌Common Point: High Volume Transfers
Large transfers usually indicate the movements of large investors (whales). These transfers could be signals for whales to invest in or exit a coin. By following these transfers:
• Transfer Amounts: Large transfers may indicate a potential change in the price of the coin.
• Wallet Movements: Especially the movements of whale wallets can give important clues to understand market trends.
📌Holder Statistics
If a majority of holders of a coin hold the coin for a long time, this indicates that confidence in the coin is high and its price may be stable. To analyze holder statistics:
• HODL Rate: The long-term retention rate of coins in wallets can indicate that the coin has been adopted by long-term investors.
• Investment Duration: The average investment duration of the coins can indicate how long investors hold the coins.
By using these strategies, you can identify coins with rising potential by setting alarms in advance and make your investment decisions more consciously. Since the cryptocurrency market has a dynamic and volatile structure, it is of great importance to make these analyzes regularly and follow the market closely. I DO THESE FOR EVERYONE, FOLLOWING IS MUST TO WIN👍
