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The blockchain analytics firm, Santiment (@santimentfeed), tweeted this morning that many altcoins have experienced several transactions recently which are among some of the biggest of the year for the respective networks.
🐳 #Altcoins have lit up with several transactions among the biggest of the year for their respective networks. $MATIC and $FET have both seen a transaction valued at over $40M on their networks. Watch $MANA, $DIA, $IMX, and $SAND after their big whale moves as well. 👀 pic.twitter.com/8zzF8TxqhG
— Santiment (@santimentfeed) March 23, 2023
According to the tweet, Polygon (MATIC) and Fetch.ai (FET) have both seen a transaction valued over $40 million on their networks. The tweet also added that investors and traders should keep an eye on Decentraland (MANA), DIA, Immutable (IMX), and The Sandbox (SAND) after they hosted some big whale moves as well.
In related news, the global crypto market cap has risen 2.95% over the last 24 hours according to CoinMarketCap. This 24-hour increase has elevated the total crypto market cap to around $1.18 trillion at press time.
The price of MATIC has risen 2.85% over the last 24 hours. As a result, the price of MATIC currently stands at $1.14. Meanwhile, FET’s price rose 0.56% in the same 24-hour period – taking its price to $0.3844 at press time.
MANA’s price was able to rise 4.33% against the dollar in the last 24 hours and was able to strengthen against the two crypto market leaders as well. Currently, MATIC is up 1.46% against Bitcoin (BTC) and 0.24% against Ethereum (ETH).
DIA experienced a 1.18% increase in its price in the last 24 hours and currently trades at $0.3567. IMX and SAND also received price boosts with IMX’s price up by 1.82% at press time to trade at $1.22, while SAND’s price rose 2.66% to bring it up to $0.6551.
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