Santiment revealed in an X post that INJ, SNT, ANKR, SLP and SUSHI have recorded bullish increases in their on-chain metrics.
At press time, CoinMarketCap indicated that all of these cryptocurrencies suffered substantial 24-hour losses.
SNT was the biggest loser throughout the past day of trading as its price dropped 12+% to trade at $0.05064.
Santiment, a behavior analytics platform for cryptocurrencies, revealed on X today that on-chain activity for multiple cryptocurrencies experienced spikes in key metrics that have historically been associated with bullishness. According to the post, Injective (INJ), Status (SNT), SushiSwap (SUSHI), Ankr (ANKR), and Smooth Love Potion (SLP) all experienced bullish spikes.
The spikes in these on-chain metrics come after all of these cryptocurrencies reco…
The post INJ, SUSHI, ANKR, SNT, SLP On-Chain Metrics Flag Bullish: Report appeared first on Coin Edition.