As the U.S. election approaches and the third wave of Covid-19 impacts the globe, we've decided to take a deep look at the recent activities of key Bitcoin stakeholders. We aim to assess the leading coin's on-chain and social potential following the $13k surge.
In this week's Pro report, we put our backtesting skills to the test to answer a simple yet crucial question: Does a portfolio of 'fundamentally sound' projects outperform the market benchmark (holding BTC)?
Charting the Unicorn: An Analysis of $UNI's On-Chain Activity, Sell-Side Pressure, and Short-Term Price Potential
In just a week, Uniswap's new token, UNI, has provided a wealth of on-chain and social data for analysis. This data allows us to speculate and make informed predictions about the coin's short-term potential. In this week's Pro report, we delve into UNI's fundamentals during its initial 10 days. We also examine the on-chain activity that led to its price correction and discuss the potential future direction of this latest DeFi phenomenon.
While the market capitalization of Ether has been extensively analyzed, the market cap of ERC-20 tokens often goes unnoticed. Until now, there has been a lack of comprehensive research and focus on the ERC-20 market as a whole. In this Santiment report, we take a closer look at the size of the ERC-20 market, its independent evolution over time, and its potential correlation with the parent market cap of Ethereum.