centiment According to the data, there have been jumps in the prices of large-volume altcoins in the past few days. Now the money is heading towards a handful of low-volume altcoins.
Santiment noted that Ribbon Finance, Smooth Love Potion and Marlin are seeing an increase in address activity.
“Big-volume cryptocurrencies like Solana, Cardano, and Polkadot have made an impressive comeback in the past few days. It seems that money is now turning to low-volume cryptocurrencies. Active addresses are increasing greatly for CBG, MITX, MTH, TRADE, PLSPAD, RBN, SLP and POND.”
Ribbon Finance, a suite of finance (DeFi) protocols aimed at helping users access crypto-configured products, is trading at $0.261 at the time of writing. The 194th-ranked crypto-asset by market cap has risen more than 29% in the past seven days.
Smooth Love Potion is a token used in the Axie Infinity (AXS) ecosystem to earn rewards and buy creatures in the online war game. At the time of writing, it is trading at $0.00288. The 240th-ranked crypto asset by market cap has gained more than 9% over the past week.
Marlin is an open protocol that provides network infrastructure for decentralized internet and DeFi. As we reported as Koinfinans.com, it is trading at $ 0.00959 at the time of this writing. The 320th-ranked crypto-asset by market cap has increased by about 12% over the past week.
In terms of large-volume assets, Santiment announced that the two largest transactions of Bitcoin since December were made on January 5. He notes that it happened just before the top coin started a rally from around $16,800 to as high as $23,000 last weekend. bitcoin At the time of this writing, it is trading at $22,652.
