Santiment, a cryptocurrency analytics firm, recently identified the altcoins with the most significant wallet activity increases over the past week.
The analysis revealed that low-market-cap altcoins dominated the list, with their smaller market sizes making them prone to sharp fluctuations in activity. Among the tokens with the highest growth in daily wallet activity, UXLINK led the pack with a staggering 1927% increase. It was followed by Satoshi Airline, which saw a 650% surge, and Onyxcoin, which recorded a 600% rise.
Other notable performers included dCargo with a 589% increase, Tornado Cash at 435%, and Dogelon Mars, which experienced a 393% jump. WAX also saw a substantial 350% rise, while OCD grew by 286%. Virtua and Spell Token rounded out the list with increases of 165% and 154%, respectively.
The data reflects a strong focus on smaller altcoins, where wallet activity can spike dramatically due to sudden trading interest or speculative behavior. Santiment’s findings highlight how analyzing wallet activity can provide valuable insights into emerging trends in the cryptocurrency space.
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