Investors are Flocking to 10 Altcoins This Week: Santiment Data Revealed - Koin Bulletin

According to Santiment's data, cryptocurrencies that have experienced significant increases in wallet activity this week are attracting investors' attention.

Especially projects with a market value of over 100 million dollars are standing out with the increase in usage rates. Analysts indicate that such movements can generally lead to growth in market values in the long term.

Among the most notable projects, innovative platforms focused on DeFi and Web3 stand out. $UXLINK and $JET have shown a significant increase in trading volume and address activities. $WAXP and $TVK, which focus on the metaverse and gaming sector, draw attention with the rise in the number of wallets. Meanwhile, privacy-focused protocol $TORN continues to strengthen its presence in the industry.

Santiment states that such increases in wallet activity generally indicate an increase in demand for the project ecosystem and a greater adoption of the token. The increase seen particularly in tokens such as $ONYX, $DKA, and $SPELL signifies a heightened interest from investors in these projects.

These increases in wallet activity may contain potential "hidden opportunities" for investors. Historically, increases in active address counts and usage have been associated with growth in market values over time. Analysts suggest that investors closely monitoring such projects could find significant profit opportunities by 2025.