🐳 Ethereum's whale activity spiked to a 6-week high as its price declined as low as $2.38K Friday. Historically, this is a sign of accumulation from high capital key stakeholders. Though not a guarantee this will have an immediate effect on prices bouncing, it is encouraging! https://x.com/santimentfeed/status/1849975890991530417/photo/1

📊 Solana, Jito, Cosmos, and Jupiter have been the notable standouts during a tumutuous up and down week for crypto markets. Data indicates meme coins have drawn increased interest levels while Bitcoin treads water.

Assuming markets keep their underwhelming trajectories going into the weekend, expect for sentiment to begin reflecting some much needed FUD, which would in turn imply a market bounce to start next week. 👍

🧑‍💻 Here are crypto's top ERC-20 coins by development activity. Directional indicators represent each project's ranking positioning since last month:

➡️1) @chainlink $LINK 🥇
➡️2) @ethereum $ETH 🥈
📈3) @ethstatus $SNT 🥉
➡️4) #susd $SUSD
📉5) @synthetix_io $SNX
➡️6) @decentraland $MANA
📈7) @lidofinance $LDO
📈8) @fantom $FTM
📈9) @audius $AUDIO
📈10) @injective $INJ

📖 Read about the Santiment methodology for filtering notable github activity data from project repositories, and why it is so useful for crypto trading:

Gearing Up for US Election Volatility! (TWIC October 25th) https://x.com/i/broadcasts/1yNGagPgbNDxj

🐳 Bitcoin's whale wallets, which we can define loosely as 100 or more BTC, have grown by 297 wallets (+1.9%) in just the past 2 weeks.

🐟 During the same timeframe, the amount of wallets with under 100 BTC has shrunk by 20,629 wallets (-0.1%).

📈 As the largest key stakeholders in crypto continue to scoop up more coins from dumping retail traders, this historically leads to bullish outcomes.

🧑‍💻 Over the past year, all 10 of the top ecosystems in crypto have INCREASED their rate of development. The rising amount of notable github events from each of these ecosystems is an objectively strong sign for the future of cryptocurrency:

1) Optimism: +45.6% Increase
2) Avalanche: +20.3% Increase
3) Arbitrum: +16.6% Increase
4) Solana: +14.1% Increase
5) Harmony: +10.1% Increase
6) Cosmos: +8.8% Increase
7) BNB Chain: +5.1% Increase
8) Polkadot: +1.5% Increase
9) Ethereum: +1.4% Increase
10) Polygon: +0.6% Increase

Continue to track ecosystem growth for hundreds of ecosystems using the completely FREE @santimentfeed Development Activity dashboard here. 👇

📺 Want to get started using @santimentfeed's tools? Start from square one with this comprehensive video going through our best tools, charts, and indicators to see what others in crypto can't! 👇
https://www.youtube.com/watch?v=_04p-INg_Gg https://x.com/santimentfeed/status/1849268714451173424/photo/1

📈 Solana is outperforming most altcoins as prices are looking to rebound after a big fall Wednesday. The #5 market cap asset continues to be a prime example of how the crowd usually gets it WRONG. View the current bearish sentiment as a sign SOL can continue to pump. https://x.com/santimentfeed/status/1849234499697307782/photo/1

🐻 Crypto markets have corrected alongside equities as traders increase speculation that the bull rally has come to an end. With crowd optimism transitioning to doubt, these are the $500M+ market cap projects showing the best upside based on buying into the crowd FUD:

1⃣ @Chainlink $LINK
2⃣ @Bitcoin $BTC
3⃣ @GOATRollup $GOAT
4⃣ @Dogecoin $DOGE
5⃣ @Ripple $XRP
6⃣ @Pepe $PEPE
7⃣ @Filecoin $FIL
8⃣ @ShibainuCoin $SHIB
9⃣ @Eigenlayer $EIGEN
🔟@BuildOnBeam $BEAM

Cryptocurrency is still very much a speculative sector, even for the most established projects. Markets typically move the opposite direction of the crowd's expectation, meaning the bearish narratives surrounding these coins can lead to rewarding results for those willing to go against the crowd selloffs that are beginning to mount.

🗣️ The coins seeing the biggest rises in discussion rate has a familiar face on the top. Here are the top 3 trending tokens, and explanations of why:

1⃣ @Ethereum $ETH: Ethereum's shift from user-paid fees to rollup-paid fees is seen as a significant improvement, potentially enhancing scalability and reducing costs for users. Active addresses has surpassed 5 million.

2⃣ @GOATRollup $GOAT: Strong performance and dominance in the AI meme coin market, with substantial investments and notable trading volume. Additionally, a newly created memecoin called 'GOAT' (Goatseus Maximus) has gained attention, surpassing $700M in market cap.

3⃣ @Casper_Network $CSPR: Questions about the migration of Prove AI from the Casper network to Hedera. Users are expressing concerns about the future of the Casper network without Prove AI, and the advantages Hedera gains from this transition.

🐳 These coins have seen the biggest whale activity increases over the past week:

1) @ApeCoin $APE
2) @Treasure_DAO $MAGIC
3) @SushiSwap $SUSHI
4) @H_O_L_O_ $HOT
5) @API3DAO #API3
6) @fraxfinance $FRAX
7) @AragonProject $ANT
8) @AIOZNetwork $AIOZ
9) @MetisL2 $METIS
10) @ChintaiNetwork $CHEX

🤔 Consider it likely that any coins seeing 5x their normal whale transactions in a given week are much more likely to see major price swings that are opposite to their recent trends.

📈 If the price of that coin is underperforming the markets and whale transactions spike, it is a sign the coin's price is much more likely to rise.

📉 If the price of that coin is outperforming the markets and whale transactions spike, it is a sign the coin's price is much more likely to drop.

📊 This pictured chart is not showing the prices of these coins. Instead, it illustrates the ratio of positive vs. negative sentiment (and volume of conversations) toward $APE, $DOGE, $GOAT, and $GIGA across social media.

These are among the best performing coins in crypto the past couple weeks, and naturally attracted lots of FOMO & bullish sentiment as each coin pumped. Once the bullish sentiment got high, each asset corrected one by one.

This phenomenon is not exclusive to memecoins, either. Prices typically always go the opposite direction of the crowd's expectations, and when the crowd gets extreme on either the bullish or bearish end, it becomes highly predictable to buy or sell.

Use this template to check in on how any of the 3,000+ coins @santimentfeed tracks look, according to the ratio of bullish vs. bearish comments across social media here. 👇

💸 Ethereum's average fees sit at just $1.63, reaching an affordable level that historically has encouraged traders to increase their transfer frequency.

ETH network fees have changed drastically over time as the blockchain nears 10 years of existence. But this 4-tier visual can help as an approximate guide to show how much modern fee costs are influencing traders' decisions to make transfers. 👍

🔗 Follow along with the daily fluctuations associated with ETH network gas fees here:

🐵 Apecoin is the latest memecoin with a skyrocketing market cap, while Neiro was having all of the fun during the early part of 'Uptober'. Read how our centralized exchange deposit dashboard is gauging both coins, and how you can investigate for any coin! https://insights.santiment.net/read/apecoin-and-neiro-a-contrast-of-two-memes-with-different-whale-deposit-behavior-8210?utm_source=twitter&utm_medium=post&utm_campaign=twitter_apecoin_neiro_cex_deposits_b_102124/&fpr=twitter

🗣️ The top trending topics revolving around crypto social media include:

🍔 #McDonald: Humorous and critical perspectives on Donald Trump's visit to McDonald's, and memecoin speculation revolving around it

🐵 #Apecoin: +63% price pump of the memecoin, and future price targets reflecting a bullish sentiment among traders, particularly coinciding with the launch of ApeChain

🪙 #Bitcoin: Target prices and predictions of how close crypto's top asset is to breaching its March All-Time High, let alone a return above $70K

🧑‍💻 Here are crypto's top 10 AI & Big Data projects by development. Directional indicators represent each project's ranking positioning since last month:

📈 1) @nearprotocol $NEAR 🥇
📉 2) @oasisprotocol $ROSE 🥈
➡️ 3) @graphprotocol $GRT 🥉
📈 4) @bittensorcom $TAO
📉 5) @oraichain $ORAI
📈 6) @worldcoin $WLD
➡️ 7) @golemproject $GLM
📉 8) @oceanprotocol $OCEAN
📈 9) @iex_ec $RLC
📈 10) @streamr $DATA

Read about the Santiment methodology for filtering notable github activity data from project repositories, and why it is so useful for crypto trading:

🧑‍💻 Here are crypto's top 10 AI & Big Data projects by development. Directional indicators represent each project's ranking positioning since last month:

📈 1) @oasisprotocol $ROSE 🥇
📉 2) @nearprotocol $NEAR 🥈
➡️ 3) @graphprotocol $GRT 🥉
📈 4) @oraichain $ORAI
📉 5) @bittensorcom $TAO
📈 6) @oceanprotocol $OCEAN
➡️ 7) @golemproject $GLM
📉 8) @aleph_im $ALEPH
📈 9) @getmasafi $MASA
📈 10) @iex_ec $RLC

Read about the Santiment methodology for filtering notable github activity data from project repositories, and why it is so useful for crypto trading:

🤯📈 XRP Ledger has spiked in active wallets significantly, reaching 35,799 unique wallets making at least one transfer in a single day, the highest in over 3 months. Additionally, 3,858 new wallets were created in a single day, the highest amount in over 7 months! https://x.com/santimentfeed/status/1848144811385123279/photo/1

📺 In our latest video, we chat with @ThinkingCrypto1 about the week of pumps. How does Bitcoin's health look now that 'Uptober' looks like a thing again? And what's up with memecoins, Sui, Aptos, and other altcoins? 👇
https://www.youtube.com/watch?v=xVflIOgBKNw https://x.com/santimentfeed/status/1847758472030363836/photo/1

🐳 Bitcoin's number of whales grew substantially just as its value was bottoming out around $59K on October 10th. Between October 10th and 13th, there was a net rise of +268 more wallets holding between 100-1K BTC, likely playing a part in this bull rally. https://x.com/santimentfeed/status/1847379690170044903/photo/1