A leading crypto analytics firm says trader sentiment on Cardano (ADA) isn’t high right now, but that could quickly change.
In a new analysis, Santiment bilješke Cardano is currently witnessing the highest amount of unique addresses interacting on its network in a year.
“On top of this, sentiment on social platforms has fallen to a 4-month low. When ADA spikes again, FOMO should return quickly.”
Cardano is trading for $0.46 at time of writing, down more than 1% in the past 24 hours and down more than 85% from its all-time high of $3.09, which it hit last September.
Prema Santiment, Bitcoin (BTC) is seeing increased social volume relative to altcoins.
“Bitcoin bilježi pojačanu diskusiju u drugoj polovini juna nakon što je većina altcoina pala za 80% ili više od vrijednosti tržišne kapitalizacije u novembru. Istorijski gledano, opadanje interesa za anorganske alt pumpe je pozitivan znak za kripto."
Bitcoin trguje za 19,994 dolara u trenutku pisanja, što je pad za više od 1% u posljednja 24 sata.
Firma za kriptoanalitiku također bilješke positive commentary on Ethereum (ETH) is at its lowest point relative to negative commentary in four years.
“Ethereum is back below $1,200 as crypto and equities retraced Tuesday. Positive commentary is very scarce these days for the #2 market cap asset. So much so that we haven’t seen the ratio of positive vs. negative comments this low since May 2018.”
Ethereum is trading for $1,094 at time of writing, down nearly 4.5% in the past 24 hours.
Prema Santiment, the decentralized oracle network Chainlink (LINK) witnessed a surge in LINK tokens moving addresses.
“80.8 million cumulative unique LINK moved addresses Tuesday, breaking a 5-year record. Its opening trading days in September 2017 were the only time we’ve seen more.”
Chainlink is trading for $6.19 at time of writing, down almost 2.5% in the past 24 hours.
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Source: https://dailyhodl.com/2022/06/30/cardano-fomo-could-return-quickly-according-to-blockchain-analytics-firm-santiment-heres-how/