Santiment: 3 Altcoins Stand Out with Increased User Count! - Coin Bulletin

Koinbulteni · 2024-12-03T02:42:31+00:00

According to data shared by Santiment, network growth has significantly increased in altcoins such as Ripple (XRP), Shiba Inu (SHIB), and Band Protocol (BAND). In particular, the network growth observed in the Ripple, Shiba, and Band projects is significantly higher than normal rates, indicating a high level of mass participation and enthusiasm. While short-term price fluctuations are expected, increasing usage rates in the blockchain of these assets are seen as a positive sign in the long term.

Koinbulteni

2024-12-03 02:42:31

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Pointing to the network growth specific to Santimen 3 altcoin, it informed investors about the possibility of a potential rise.

According to data provided by Santiment, network growth of many altcoins has significantly increased at the moment. Particularly, Ripple (XRP), Shiba Inu (SHIB), and Band Protocol (BAND) stood out among the leading altcoins in terms of growth.

As of Sunday, the network growth in these projects resulted in 22,357 new wallets for Ripple, 7,548 wallets for Shiba, and 35 new wallets for Band.

This network’s growth increases are significantly above the normal rates of each project, indicating a high level of mass participation as well as some excitement.

In the short term, price fluctuations can be expected with increasing retail participation. However, in the long term, rising usage rates in any asset’s blockchain are considered a positive sign.

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