Getting started with Santiment

Santiment: A Deep Dive into Crypto Market Intelligence

Are you tired of relying on hype and influencer opinions for your crypto trading decisions? Santiment offers a powerful platform that goes beyond basic price charts, providing you with the tools and data to understand the underlying forces driving the market. This article will summarize the key features and benefits of Santiment, helping you understand how it can enhance your trading strategy.

The Santiment Advantage: Data-Driven Insights

Santiment's core philosophy is to move beyond price action and delve into the behavioral patterns of market participants. Instead of relying solely on price data, which can be easily manipulated, Santiment focuses on:

• On-Chain Metrics: Analyzing transactions on the blockchain to understand the actual movement and usage of cryptocurrencies.
• Social Sentiment: Tracking discussions and sentiment across social media to gauge the prevailing mood and trends.
• Key Stakeholder Activity: Monitoring the actions of large holders ("whales" and "sharks") to identify potential market shifts.

This comprehensive approach provides a more holistic view of the market, allowing you to make more informed decisions.

Key Features and Tools

Santiment offers a range of tools and features designed to help you gain a competitive edge:

• Sanbase: The central hub for Santiment's tools, providing:
  • Market overviews and key metrics
  • Access to on-chain, social, and development data
  • Articles and templates for profitable trading strategies
• Screener: A powerful tool for filtering and sorting assets based on various metrics.
• Customizable Charts: Santiment's charting tools allow you to visualize data in various ways, combining multiple metrics to gain deeper insights. You can analyze:
  • Transaction volume
  • Daily active addresses
  • Circulation
  • MVRV (Market Value to Realized Value)
  • Funding rates
  • Whale transactions
  • Mean dollar invested age
  • Network realized profit/loss
  • Supply on exchanges
  • Social volume
  • Social dominance
  • Development activity
• Social Trends Dashboard: This feature helps you identify trending topics and coins, providing insights into market sentiment:
  • Trending Words: See which keywords are gaining traction in crypto discussions.
  • Trending Coins: Discover which assets are experiencing increased social interest.
  • Crypto narratvies: Identify which narratives are increasing and which are decreasing in the media space.
• Whale Watcher Dashboard: Specifically tracks large deposits to centralized exchanges, which can signal potential sell-offs.

Practical Use Cases

Identifying Market Tops and Bottoms

Santiment's tools can help you identify potential market turning points:

Tops

• Social Volume Spikes: Extreme spikes in social volume during a rally can indicate a local top, especially for smaller-cap coins.
• Negative Sentiment: When the crowd is overly bullish, it can be a sign that a top is near. Santiment's weighted sentiment metric can help identify these situations.

Bottoms

• Contrarian Approach: Santiment's research suggests that the market often moves in the opposite direction of the crowd's expectations. Buying when the crowd is bearish can be a profitable strategy.
• Network Activity: Increased network activity, even during a price downturn, can indicate a potential bottom.

Monitoring Volatility

Metrics like Token Age Consumed alert you to potential trend reversals by tracking the movement of previously idle coins.

Understanding Real-World Utility

Transaction volume captures all on-chain activity, including payments, smart contract interactions, and wallet transfers. Comparing this with trading volume reveals whether an asset’s activity stems from speculation or genuine use.

The Importance of Context

While Santiment's tools are powerful, it's crucial to remember that context is key. Don't rely solely on one metric or indicator. Instead, use a combination of data and analysis to make informed decisions.

Customization and Accessibility

Santiment offers a variety of customization options to suit your analysis style:

• Chart Adjustments: Modify timeframes, chart types, and data layers for detailed insights.
• SanAPI and SanSheets: Integrate data into Google Sheets for advanced modeling and visualization.
• Pre-Built Templates: Access ready-made layouts for popular metrics like daily active addresses and whale transactions.

Learning and Support

Santiment provides a wealth of educational resources to help users maximize the platform’s potential:

• Insights Page: Regular updates on trending topics, whale activity, and other key metrics.
• Live Streams: Weekly sessions discussing market trends and answering community questions.
• Free Trial: Explore all features for two weeks without commitment.
• Book a call: If you are a B2B customer, book a call with the team. We will help you understand how our product can help you.

Final Thoughts

Santiment serves as an indispensable information resource within the complex and ever-changing crypto market. By merging cutting-edge tools with insightful analytics, Santiment enables users to make informed decisions based on reliable data rather than offering direct investment advice. Catering to both experienced traders and newcomers alike, Santiment’s platform is expertly crafted to support a variety of trading and investment needs.

Embark on your exploration today and join countless others who utilize Santiment’s comprehensive data and analytics to stay ahead in the crypto landscape.