Santiment (@santimentfeed), a leading blockchain analytics firm, has reported a surge in transaction activity for various altcoins. According to their recent tweet, these transactions are among their respective networks’ largest recorded this year.
As per the latest tweet, Polygon (MATIC) and Fetch.ai (FET) networks have witnessed transactions worth over $40 million. The tweet further suggests that investors and traders should closely monitor Decentraland (MANA), DIA, Immutable (IMX), and The Sandbox (SAND), as they have recently hosted significant whale moves. It is advisable to keep a watchful eye on these developments for potential investment opportunities.
CoinMarketCap reports that the global crypto market cap has experienced a 2.95% surge in the past 24 hours. This impressive uptick has propelled the total crypto market cap to approximately $1.18 trillion at the time of writing.
Over the past 24 hours, the value of MATIC has experienced a 2.85% increase, bringing its current price to $1.14. Similarly, FET saw a modest 0.56% rise in value during the same period, with its price now standing at $0.3844 at the time of writing. These fluctuations in the market demonstrate the dynamic nature of cryptocurrency trading and the importance of staying informed on the latest developments.
Over the past 24 hours, MANA has demonstrated a commendable 4.33% increase in value against the dollar, showcasing its resilience and potential for growth. Impressively, it has also strengthened its position against two of the leading cryptocurrencies in the market. MATIC, on the other hand, has shown a modest yet noteworthy 1.46% rise against Bitcoin (BTC) and a 0.24% increase against Ethereum (ETH). These results are indicative of the promising future that lies ahead for these digital assets.
In the past 24 hours, DIA has witnessed a commendable surge of 1.18% in its price, currently trading at $0.3567. IMX and SAND have also experienced a positive price momentum, with IMX soaring by 1.82% to trade at $1.22, while SAND’s price rose by 2.66% to reach $0.6551. These developments indicate a promising trend in the market, reflecting the potential for growth and profitability.
[disklaimer]
