Growth on SHIB, XRP, and BAND Networks: A Sign of Shaky Futures? Maybe For the Short-Term

📈 Network growth is high amongst several altcoins right now. Notably, keep an eye on XRP Ledger, Shiba Inu, and Band. On Sunday alone, we saw...

📌 XRP: 22,357 New Wallets
📌 SHIB: 7,548 New Wallets
📌 BAND: 35 New Wallets

All of these network growth spikes, relatively much higher than each project's normal rate, indicate a high level of crowd engagement, mixed with a fair bit of euphoria. In the short term, prices may be volatile due to increased retail engagement. However, long-term, it is a promising sign to see rising levels of utility on any asset's blockchain. 👍

Ce n’est pas un conseil financier. DYOR.