- Santiment published its list of 20 fastest-developed crypto assets.
- The list was curated using Santiment’s unique activity tracking method.
- Recently, Santiment accurately predicted BTC’s price bounce.
Crypto marketing intelligence platform Santiment published its list of the 20 fastest-developed assets in crypto. The list was curated using Santiment’s unique activity tracking method. In related news, Santiment also correctly predicted BTC’s recent price rebound.
Top 3 #crypto asset development activity: notable #github commits, past 30 days: T1) #Polkadot $DOTT1) #Kusama $KSM3) #Cardano $ADARead our insight on the top 20 as we explore why notable #github activity tracking can be such a great aid. https://t.co/gZHahGsIcb pic.twitter.com/vq0clhjALw— Santiment (@santimentfeed) April 27, 2023
On April 27, Santiment reported its Top 20 crypto asset development activity in the past 30 days. Among these, the top 5 were Polkadot (DOT), Kusama (KSM), Cardano (ADA), Cosmos (ATOM), and Hedera (HBAR). Notably, the top 20 list also included Aptos (APT) and MutliversX (EGLD).
Santiment based its list on the development activity of assets. Specifically, it tracked the GitHub activity of each project while filtering irrelevant information. Accordingly, Santiment developed a list of leaders for its development activity metric. These leaders on this metric, according to Santiment, ensure three things:
With #Bitcoin continuing to stay relatively flat while #altcoins fall, the percentage of discussions revolving around $BTC remain well above average. Generally, high social dominance for Bitcoin happens during market euphoria or (in this case) fear. Prices can rebound quickly pic.twitter.com/6Ewub6en1h— Santiment (@santimentfeed) April 25, 2023
In related news, Santiment also predicted BTC’s recent price rebound. On April 26, the platform observed that Bitcoin remained relatively flat while altcoins fell in price, which resulted in well-above-average discussions around Bitcoin. Therefore, Santiment concluded that BTC would likely rebound in price, referencing that its high social dominance often happens during market euphoria or fear.
It turns out, Santiment was correct in its BTC price rebound predictions. By the end of April 26, BTC had rebounded from $27,000 to almost $30,000 in price. However, at the time of writing BTC’s price is back down to $28,937.67 according to data from CoinMarketCap.
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