A handful of altcoins are seeing a “huge spike” in address activity, according to crypto analytics firm Santiment.
The signature grades that Bitcoin Cash (BCH), Smooth Love Potion (SLP), Mask Network (MASK), and Civic Pass (CVC) have all hit three-month highs in terms of daily active address counts.
Bitcoin Cash, a hard fork of Bitcoin (BTC) that emerged from the leading crypto asset in 2017, is trading at $229.66 at the time of writing. The crypto asset ranked 17th by market capitalization is down almost 2% in the last 24 hours.
Smooth Love Potion, a token used within the Axie Infinity (AXS) ecosystem to earn rewards and purchase creatures in the online battle game, is trading at $0.00156 at the time of writing. The crypto asset ranked 329th by market capitalization is up almost 8% in the last day.
Source: Santimento/X
MASK is the Ethereum (ETH)-based governance token of the Mask decentralized autonomous organization (DAO). Mask Network is a decentralized portal that allows users to access blockchain features in addition to existing social networks. MASK is trading at $2.66 at the time of writing and is down over 3% in the last 24 hours.
Civic Pass invoices themselves as a multi-chain, wallet-agnostic identity and access management solution for smart contract, DApps and Web2 companies entering the blockchain sector.
The project’s native token, CVC, is trading at $0.077 at the time of writing. The crypto asset ranked 338th by market capitalization is down more than 1.6% in the last 24 hours.
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