Santiment💎 (santiment)

SANTIMENT - All-in-one platform Crypto intelligence tools 😎 SANTIMENT bring together everything that you can use to make your next action. Datasets, screeners, watchlists, alerts, flexible chart layouts, dashboards, insights from the community and the San analytics team. Here will be the latest relevant and useful data from SANTIMENT!

• 0 replies
• 0 recasts
• 0 reactions

$ETH: Is Ethereum overvalued? Two network value indicators suggest Ethereum's native token could be overvalued, forecasting an impending price drop. Data from Santiment's Sanbase Pro highlights a network value indicator making bearish new highs. For validation, I also compared it to another solid network value indicator, both in a two-year time frame. Notably, the NVT metric raised concerns with an all-time high 134 ratio. This result indicates ETH’s daily capitalization is 134 times higher than the daily volume transacted on the Ethereum network. Santiment explained that this metric provides insights into overvalued cryptocurrencies similar to stocks’ Price-to-Earning (P/E) ratio.

• 0 replies
• 0 recasts
• 0 reactions

Does Crypto Have an Argument to Play "Catch-Up" While Equities Continue Thriving? 📊 Bitcoin's plummet has come in spite of the S&P 500 continuing to roll. This split between sectors has been a surprisingly rare occurrence ever since the dust settled following the FTX collapse in late 2022. In most circumstances, crypto has seen a relief bounce to catch up.

• 0 replies
• 0 recasts
• 1 reaction

📊 Bitcoin holders have just had their biggest 3-day drop in non-empty wallets since just prior to the March 14th all-time high. Unlike then, BTC has been sliding, provoking traders to liquidate for fear of further drops. Meanwhile, Ethereum wallets keep growing in number.

• 0 replies
• 0 recasts
• 0 reactions