‘Typically a Good Sign’: One Metric Is Flashing Bullish for Altcoins, According to Analytics Platform Santiment

‘Typically a Good Sign’: One Metric Is Flashing Bullish for Altcoins, According to Analytics Platform Santiment
Altcoin | January,17 2025

Crypto analytics firm Santiment says one metric is suddenly flashing bullish for altcoins as Bitcoin (BTC) reclaims $100,000. Santiment says that multiple altcoin projects are seeing a massive increase in whale transactions, including the stablecoin Dai (DAI), issued by Maker. According to Santiment, the increased buying of DAI is a bullish signal, indicating that investors […]

The post ‘Typically a Good Sign’: One Metric Is Flashing Bullish for Altcoins, According to Analytics Platform Santiment appeared first on The Daily Hodl.

Read more from the news source