Leading market analytics firm Santiment says three altcoins are showing healthy signs heading into 2023.
Interoperability blockchain Quant (QNT), metaverse protocol Decentraland (MANA), and Ethereum-based (ETH) gaming blockchain Enjin Coin (ENJ) may have a bright future, according to a crypto intelligence firm. not.
Santimento To tell The supply of three coins on cryptocurrency exchanges has plummeted, which could bode well for price volatility this year.
“Quant, Decentraland, and Enjin are among the largest market capitalization assets with massive amounts of coins leaving exchanges in 2022. While their respective prices have fallen significantly similar to other cryptocurrencies, These are good signs that 2023 will be better.”
QNT is trading at $105.46 at the time of writing, while MANA and ENJ are valued at $0.292 and $0.241 respectively.
Bitcoin (BTC), Focus on Santiment To tell The end of 2022 saw a “upheaval” as whales and sharks aggressively sold the King’s crypto assets throughout 2022. The data shows that a well-funded investor has sold his $10.75 billion worth of bitcoin in over 12 months.
“From two weeks before Bitcoin’s all-time high in November 2021, shark and whale addresses holding between 10 and 10,000 BTC have collectively invested $10.75 billion. Combined with that brought us to the end of 2022.”
Bitcoin is trading at $16,518 at the time of writing, a slight drop over the past 24 hours.
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