On-chain & social metrics on 2,000+ cryptocurrencies | This Week in Crypto Fridays @ 2pm UTC: https://t.co/R3ITO8i0BW…
🌙 #Terra has been one of the few #altcoins climbing at the start of the week. The overall trend of $LUNA's rising price action has caused the percentage of #crypto platforms dedicated toward $LUNA conversation to soar. Its $44.20 hit back on September 10 https://t.co/2uGWtLt50Q
Food for thought:
7% of the world uses TradingView who experienced 5x growth since COVID. By comparison crypto users account for 2.5% (conservative lower bound).
Gen-Z forecasted to spend $1T on stocks by the end of this year -> Gen-Z now a critical force in financial markets.
📈 #Ethereum has rebounded back to $3,163. In the past year, 1/3 of the $ETH supply that was on exchanges, has now been moved off. This is a good sign for patient #hodlers.
👉 Sep. 26, 2020 exchange supply: 24.1%
👉 Sep. 26, 2021 exchange supply: 16.1%
🤑 What is the majority holdings portion of your #crypto portfolio currently?
📊 Several #altcoins have been hammered during this market-wide dip. Our MVRV model sees $ELF, $KNC, $STORJ, & $SNX as assets with the most pain that historically see reversals in this area. Use your @santimentfeed API to check on the least risky assets. https://t.co/LQ6roI2Aoq
🔄 #Ethereum is sitting at about $2,920 at the time of this writing. However, token circulation soared yesterday to its highest level since June 22nd. If signs of $ETH utility and tokens being moved continues to rise, the price will generally follow. 👍 https://t.co/0DNQmp5UxE