Analytics Firm Issues Altcoin Warning, Says Crypto Asset That’s Surged 393,000% Year-to-Date Is Likely Overheated

Blockchain analytics platform Santiment says that a memecoin which has soared by nearly 400% over the past seven days could be due for a correction. Santiment points out that the number of Shiba Inu’s (SHIB) active deposits is “extremely high,” which suggests a possible reversal in the future. “Yellow flags starting here. Extremely high active […] The post Analytics Firm Issues Altcoin Warning, Says Crypto Asset That’s Surged 393,000% Year-to-Date Is Likely Overheated appeared first on The Daily Hodl.