A crypto analytics platform called Santiment is saying that two lesser-known cryptocurrencies, Ethereum Name Service (ENS) and Treasure (MAGIC), are ready to explode in value.
ENS and MAGIC: Network Growth Signals Potential Breakout
Santiment says that both ENS and MAGIC have seen a huge surge in network activity over the past 24 hours. This kind of growth, especially when the price isn’t moving much, often leads to a big price jump.
- ENS: Currently trading at $26.03.
- MAGIC: Currently trading at $0.481.
Shiba Inu: Whales Are Still Buying
The popular meme coin Shiba Inu (SHIB) has been doing well lately, with big investors (called whales) continuing to buy it up. This has helped SHIB stay strong even as other cryptocurrencies have struggled.
- SHIB: Currently trading at $0.000016.
Chainlink: FUD Could Mean a Bottom Is Near
Chainlink (LINK), a cryptocurrency that helps connect different blockchains, has seen a lot of selling recently. This could be a sign that the price is about to hit a low point, according to Santiment.
- LINK: Currently trading at $12.81.
Important Note: This information is for general knowledge only and is not financial advice. Always do your own research before investing in cryptocurrencies. /p>
