During the Last Correction, Numerous New Wallets Were Created for These 9 Altcoins!

Cryptocurrency analysis company Santiment has released the list of altcoins with the most new wallets opened this week in its statement.

The list, which is formed in the midst of a partial market decline, shows according to Santiment that there is a network growth despite a correction in the cryptocurrency market in these altcoins.

According to analysts, in the long term, both the increasing use cases and network growth create the necessary conditions for market value growth. Analysts warned that the focus should be on altcoins that have witnessed the most significant rise in new wallet formation.

Here is the list prepared by Santiment, showing the altcoins that have experienced the highest network growth in the past week and their network growth rates.

  1. Baby Doge Coin (BabyDoge) – %502
  2. UNUS SED LEO (LEO) - %400
  3. TrueUSD (TUSD) – %266
  4. Dai (DAI) - %214
  5. SushiSwap (SUSHI) – %141
  6. Frax (FRAX) - %100
  7. Turbo (TURBO) - 99%
  8. Tether (USDT) - %94
  9. Mog Coin (MOG) - %85

On the other hand, it should be remembered that the growth rates of altcoins on the list are not researched among all wallets, but only cover specific blockchain networks. The mentioned growth rates are valid for SUSHI on the BNB network, for FRAX on the Avalanche network, and for USDT on the Polygon network.

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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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