Santiment Network Token
|All Time High:
|The last known price of #SAN is $0.027 USD.
Please note that the price of #SAN was last updated over 80 days ago. This can occur when coins have sporadic price reporting, no listings on exchanges or the project has been abandonded. All #SAN statistics should be considered as 'last known value'.
The lowest SAN price for this period was $0, the highest was $0.027, and the exact last price of SAN was $0.02701.
The all-time high SAN coin price was $8.13.
Use our custom price calculator to see the hypothetical price of SAN with market cap of ETH or other crypto coins.
|The code for Santiment Network Token crypto currency is #SAN.
Santiment Network Token is 6.4 years old.
|The current market capitalization for Santiment Network Token is $1,730,007.
Santiment Network Token is ranked #1217 out of all coins, by market cap (and other factors).
|There is an unknown daily trading volume on #SAN.
|The circulating supply of SAN is 64,048,081 coins, which is 77% of the maximum coin supply.
|SAN has limited pairings with other cryptocurrencies, but has at least 2 pairings and is listed on at least 1 crypto exchange.
View #SAN trading pairs and crypto exchanges that currently support #SAN purchase.
Can You Trade on Trending Crypto Tokens?
The idea to implement the Trending Tokens feature seemed quite obvious and simple: we just needed to replicate the pipeline of a similar feature, which we recently described here as Social Trends, and apply it to the subset of words that also serve as slugs and tickers for cryptocurrency tokens. The only new addition was the sentiment ratio (positive/negative/neutral) for visual convenience.Just a banner for a nice preview. The data is real, btw. When the feature was delivered it was really exciting to check tokens, that got there and then look for their price to find something like this:NMR token on top of Trading Tokens And checking the price showed something like this:NMR Token price at the same moment But after we saw a dozen of such examples, we noticed a pattern: the token had already surged significantly, so it might be too late to enter it at the moment it appears in Trending Tokens. At some point, we even joked that this feature could be renamed to “Tokens you’ve just missed”. However, colleagues who are more experienced in trading suggested that it might also be a sign of peak attention, which often precedes a price drop. We tried to make this tool as much newcomer friendly as possible and chances are such users aren’t familiar with stuff like top spotting and short selling even though we have a short (pun intended) introduction to it at our Academy. So, we needed to check both hypotheses and prove that...
Social Trends, Brought to You By Santiment
The cryptocurrency landscape is a tumultuous ocean. New narratives and trends can appear out of nowhere, capture the attention of millions and disappear as quickly as they appeared. Many people want to be the first to recognize a new trend, in order to reap all the benefits of being an early adopter. Dozens of hours a week are spent by influencers and crypto journalists, investors and traders scouring the cryptocurrency information space. However, they sometimes miss new trends or recognize them too late. Santiment presents Social Trends, an everyday tool for those who don’t want to miss trends. Social Trends page contains Top 10 trending words in crypto: Start exploring it there: app.santiment.net?utm_source=twitter&utm_medium=post&utm_campaign=twitter_social_tool_announcement_b_080423/&fpr=discord — With Social Trends you will always know - What are the hottest topics in the cryptocurrency space right now?, Why are they the hottest? What is making this trend grow?, You will be able to track the dynamics of attention to each trend in the crypto space., With Social Trends you will always know What are the hottest topics in the cryptocurrency space right now?, Why are they the hottest? What is making this trend grow?, You will be able to track the dynamics of attention to each trend in the crypto space., Always up-to-date information on current trends through analysis of all relevant information...
SanR Beta: What we’ve learned about crypto price signals, decentralized economies, and “martial…
SanR Beta: What we’ve learned about crypto price signals, decentralized economies, and “martial arts of the mind” - In the fall of 2020, we (at Santiment) started an experiment. Could we capture lightning in a bottle? — That moment of insight when one realizes what will happen next in the crypto market. The moment that’s right for the trade. You knew the direction the price would go, and it went beautifully. What is it about these moments of clarity… can we record them, make them repeatable, prove them… monetize them?This participant seems to be onto something SanR has this purpose at its heart. Participants improve their trading skills, generate price signals and monetize their knowledge. So did this come to pass? What have we learned so far on this journey? — Birth of an NFT sidechain - The goal for the SanR beta was two-fold: develop technology and prove (or disprove) some core hypotheses. The technology includes many moving parts, and had not been done by any other project before (at least none that we were aware of). We’re building a decentralized “ownership economy” dedicated solely to market intelligence and tokenization of such (proven) knowledge. Whatever network participants create belongs to them forever, regardless if Santiment exists or not. Crypto price signals, therefore, have to be stored on-chain. They need to be cheap and easily accessible. Plus they are financial signals, w...
Introducing SanR: The “missing piece” of DeFi
First things first. We believe that once you start using SanR (our latest new product), your life as a crypto trader/investor will change. For the better. And, if you’re a “change agent” yourself — you can bring this change to the lives of others, too.Record and share your market forecasts on SanR (and win rewards!) — Why will this change happen… and how? - Through SanR you’ll experience (and see in a trustless way): what a good market call looks like, what important factors go into making good calls, that everyone can make a wrong call — and it’s not a tragedy, how much of this you can do by yourself, All this without exposing yourself to a typical risk of losing 25–50% in a matter of weeks.A forecast on SanR that turned out pretty well in the end — So how did SanR come about? - After developing our main product, Sanbase (which is getting some traction as a leader in “crypto analytics”), we spent 3 months reflecting upon, and building, the next step: A way to make backtesting easier, A way to clearly see crowd mood and prediction dynamics, A way to create an immutable record of market psychology that can reveal potential market tops and bottoms like never before, All as a decentralized platform or (if possible so quickly) as a protocol, Looking at the products together, one could say Sanbase displays the “raw material” (fundamental, on-chain and social sentiment d...
Time to get Real (or, the proof is in the pudding…)
How do you know where crypto prices are headed next? How do you time your trades, or read the market for the strongest projects to invest in? How do you best support why crypto is here to begin with… to free people from traditional finance and put our sustainability into our own hands? This is why we started Santiment, 3 years ago today. (July 4, 2017) To bring clarity to the crypto market. Because it carries important keys to our freedom. But only if we can see clearly and not get caught up in all the Wild West noise. — So… how do we get clarity into the crypto market? Have we succeeded? - Well, we’ve had another year to study it, now that we have machines crunching massive amounts of chain and social data, and humans watching for patterns (and sharing their insights with the community!) And we’ve found its pretty simple – We can read the crypto market fairly well through *behavior analytics* Simply by learning *how* to observe what people are doing.Recent analyses from our “Bold Predictions” insights — Of course, simple doesn’t always mean easy ;) - We’ve discovered a lot of surprises, and challenges, in getting to this point. These surprises and challenges have taught us how to further hone our services, so we can better help YOU understand it — and ultimately give you (and the community at large) the power to direct your own crypto destiny. First… let’s see what we’ve put ...
Peak Hype: Timing Cryptocurrency Tops with Social Media Data
Over the past few years, a growing number of Wall Street and cryptocurrency analysts have started to rely on a relatively underutilized source of information to try and beat their respective markets with: social media. For obvious reasons, social media is seen as a potential treasure trove of market sentiment information, and the macro analysis of forum messages, twitter comments and other social data to gain an edge has quickly been embraced by veteran quants. However, the ability of this data to actually and accurately predict price trends and develop new market alpha is still hotly contested by many crypto traders. Hopefully, our latest study might finally put an end to this debate. — Trading Crypto with Social Media Data - At Santiment, we gather a amount of information from social media to try and determine its impact on the crypto market. As you read this, our system is collecting all incoming messages from over 1000 crypto-specific social media channels, including hundreds of Telegram groups, crypto subreddits, vetted twitter accounts, professional trader chats not indexed by Google and more. We’ve already developed various market indicators using this dataset, like our ‘Social Volume’ metric which shows the amount of coin-specific mentions on crypto social media over time:The amount of ‘Bitcoin’-related mentions on crypto social media over the past year (Source: Sanbase) Though the initial result...
BTC price prediction before and after the halvening
Takeaway: Summary: Price will do what the crowd expects the least, Metrics used: Social volume, Coin Age Consumed, On-chain Transaction Volume, Bonus metric: Token Holders Distribution, Approach used: Behaviour analysis, One of the best investment approaches is the following: spot “what the crowd expects” and bet against bet. You can’t do it on daily basis. Not even every week. The crowd doesn’t have “consensus” all the time. But when it does, the smart investor knows that this is the time to act. The price will do something completely different from what the crowd expects. Without much more talking, let’s see some data visualisations. We will connect it to the holistic story afterwards. To start with, here is some specific on-chain activity for BTC: Now, let’s have a look on an aggregated social volumes related to the “halvening” talks. (remember, we collect at Santiment data not available to Google, namely directly from the crypto-related social channels): See the spikes? Different data sources, yet the same date, almost the same time. We could make a story based just on this date alone. However, let’s add few more freshly added to the SAN platform visuals. This time, token holders distribution: One thing comes out as a surprise. These aren’t whales who are “buying in” since the black Thursday. The real whales (last chart) are net negative compared to half a year ago. They’ve accumulated o...
On TokenAnalyst and the state of on-chain analytics in 2020
On TokenAnalyst, and the state of on-chain analytics in 2020 - Twelve years after Satoshi posted a link to the Bitcoin whitepaper in a tiny, cryptography-related mailing list, on-chain analytics remains a polarizing topic. Until the end of the 2018 bull run, many in the cryptocurrency community considered fundamental analysis more of a gimmick than a legitimate tool to contextualize and explain network-related activity, even less to use this data to inform — or improve — their investment decision making.The evolution of on-chain analytics, from data collection to contextual insights A lot has changed in the past few years. As the crypto market matures and 2017 pumps get reduced to a happy, distant memory, the demand for a data-backed market edge and comprehensive market/network analytics continues to increase. Only three years ago, there was truly no established method — or proper data infrastructure — to determine the health of a cryptocurrency network, the state of its utility, or the amount (and the direction) of speculative interest in its underlying token. Relying on word of mouth as ago-to valuation strategy was an extremely unsettling way to invest. In the stock market, we have P/E ratios and quarterly debts that companies can report to provide insight into the intrinsic value behind a stock. But in cryptocurrency, it is on platforms like ours to fill the growing need of an information-driven o...
What we can learn from the latest Bitcoin-S&P correlation spike
BTC correlation vs. S&P500 Quick take: Bitcoin’s correlation with S&P 500 is currently at a 2-year high, Over the past 5 years, this correlation appears cyclical, moving from negative to positive, Historically, spikes in correlation between Bitcoin and S&P 500 have often come at major downturns from the crypto market, On the other hand, Bitcoin’s growing decoupling from Wall Street often signalled a market-wide recovery in the past, In just the last 7 days, the entire crypto market cap dwindled by 33.7%, as the coronavirus morphed from a regional outbreak to global pandemic at a frightening pace. The recent plunge has proved even more ‘impressive’ over on Wall Street, as 3 of the worst 10 days in the S&P 500’s history have now occurred within the last week alone. In a word, everything is down, putting into question Bitcoin’s reputation as a safe haven asset in times of economic downturn. In fact, it is Bitcoin’s latest inability to resist the ‘coronavirus effect’ that made us take a deeper look at the coin’s long-term correlation with the S&P 500 index. So we crunched the numbers for the past 5 years, and discovered some compelling insights about the relationship between the two financial markets — and what it could tell us about where we go from here. Within the last week, Bitcoin’s correlation with the S&P 500 index ballooned to a 2-year high, and is currently hover...
How to Run the World’s Easiest Backtest
More Santiment Network Token (#SAN) News
|San Francisco's SoFi Bank Reveals Significant Holdings In BTC, ETH, And ...
San Francisco’s SoFi Bank, a rising financial institution with 6.2 million customers, has unveiled its substantial cryptocurrency holdings, demonstrating a proactive embrace of the evolving digital asset landscape.
BTC, ETH, and DOGE Lead the Way
A recent report shows that the bank's second-quarter earnings totaled $170 million in various cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE).
Among its cryptocurrency investments, SoFi Bank boasts $82 million worth of Bitcoin, solidifying its position in ‘digital gold.’ Ethereum follows closely, with $55 million, showcasing the bank's belief in the blockchain's potential.
The meme-inspired Dogecoin takes the third spot with $5 million, while Cardano secures the fourth place with $4.5 million. The bank also diversifies with digital assets like Solana (SOL), Litecoin (LTC), and Ethereum Classic (ETC).
SoFi Bank's unique proposition lies in its commitment to fee-free cryptocurrency investments, allowing customers to allocate a portion of their direct deposits to digital assets.
The bank further incentivizes newcomers by offering a $100 crypto bonus upon registration. With a minimum investment threshold as low as $10, the platform fosters accessibility to a variety of cryptocurrencies beyond Bitcoin.
While SoFi Bank's innovative approach to cryptocurrency has garnered attention, it faces regulatory scrutiny, particularly from the United States Federal Reserve. The reg...
|San Francisco Fed President Deems 2 Rate Hikes in 2023 'Reasonable,' Urg...
Mary Daly, the president of the San Francisco Federal Reserve Bank, expressed her views this week, stating that she believes two additional rate hikes this year would be appropriate. However, she maintains a neutral stance regarding the forthcoming July Federal Open Market Committee (FOMC) meeting, emphasizing her desire to preserve flexibility by 'maintaining optionality.'Fed’s Daly Doesn't Want to ‘Trip the Economy up Into an Unforced Error’
During the June FOMC gathering, the U.S. Federal Reserve members decided to refrain from raising the federal funds rate for that specific meeting. Jerome Powell, the current chairman of the Federal Reserve, informed the media that the upcoming July FOMC meeting would be a “live” one, as it would determine whether or not the central bank would increase the interest rate during that period.
Powell then testified before the House Financial Services Committee last Wednesday and indicated that the benchmark bank rate is likely to rise again this year. In an interview with Reuters, Mary Daly, the president of the San Francisco Federal Reserve Bank, expressed her belief that two more rate hikes would be a 'very reasonable' projection. However, Daly also emphasized the need for caution and a gradual approach, given that the rate is currently at its highest level in 16 years.
'It is, in my judgment, prudent policy ... to slow the pace of policy as you near the destination,' Daly stated.
During an interview with CBS...
|IT Consultant Arrested in San Francisco for Allegedly Killing CashApp Fo...
San Francisco's law enforcement agents have reportedly detained the 38-year-old tech-consultant and entrepreneur - Nima Momeni - for the alleged murder of Bob Lee (founder of the mobile payment service that allows users to buy and sell bitcoin - CashApp).
The incident happened last week when Lee was stabbed to death in the Rincon Hill neighborhood. Numerous prominent individuals, including Twitter's owner Elon Musk, castigated San Francisco for the violence in the city.
The Case is Still Under Investigation
The Los Angeles Times reported that San Francisco's police took into custody Nima Momeni for supposedly murdering CashApp's founder Bob Lee on April 4. Prosecutors claimed he used a knife without disclosing the motive behind the gruesome act.
The authorities also outlined that the case is still under investigation, meaning an eventual trial will occur once all details are clarified. It is worth mentioning that Momeni purportedly changed his behavior in the days after the crime.
One of his neighbors said he 'seemed really unsettled' lately and asked him if they'd like to move to Colombia together.
In addition, Momeni was charged with driving with a suspended license in 2011 and selling a switchblade knife. He pleaded not guilty, and the magistrates sentenced him to ten days in county jail and three years of probation.
Lee's death prompted many to criticize San Francisco for becoming one of the crime capitals in the United States. Elon Musk argued&...
|CashApp Founder Bob Lee Stabbed to Death in San Francisco: Report
Bob Lee - Cash App founder and former CTO of Jack Dorsey-owned Block - has been identified as the victim of a fatal stabbing near downtown San Francisco.
The incident is being investigated by the SFPD Homicide.
According to a report, Lee, 43, died after being found stabbed on the 400 block of Main Street in SoMa early Tuesday morning.
The police said the Bay Area tech executive was provided with medical assistance. First responders were also called to the scene to provide additional life-saving measures. Lee was then taken to a hospital, where he succumbed to his injuries.
No arrests have been made so far, but it remains an active investigation. The officials have urged anyone with information to call the SFPD 24-hour Tip Line.
A flood of tributes poured in on several social media platforms eulogizing the executive who had served as the chief product officer of cryptocurrency MobileCoin since November 2021.
Block's Jack Dorsey also announced the death of Lee on the decentralized social media platform, Nostr.
Meanwhile, Bill Barhydt, the CEO of crypto wallet company Abra, also tweeted,
'I just got the devastating news that our friend Bob Lee was killed in SF early today. Bob was a dad, the former CTO of Square where he created Cash App & CTO of Mobile Coin. He was a generous decent human being who didn’t deserve to be killed.'
The post CashApp Founder Bob Lee Stabbed to Death in San Francisco: Report appeared first on CryptoPotato.
|Argentine Province of San Luis to Issue Dollar-Pegged Stablecoin and Loc...
San Luis, a province of Argentina, has approved a bill allowing it to issue a blockchain-based, dollar-pegged stablecoin. The bill, which also approves the issuance of local artistic assets as NFTs (non-fungible tokens) seeks to enable the promotion of social development, and economic, cultural, and financial inclusion using blockchain.
San Luis Approves Blockchain Development Bill
San Luis, an Argentine province, has taken its first steps to include blockchain-based tech as part of its digitization push. The legislators of the province recently approved a bill designated with the number VIII-1085-2022, called 'Financial Innovation for Investment and Social Economic Development,' that introduces blockchain as a tool to potentiate the development of several fields in the province, including generating value and improving auditing processes.
As part of this law, San Luis contemplates the issuance of its own dollar-pegged stablecoin. The token, denominated 'San Luis Savings Digital Asset,' will be available to all citizens of the province and will be 100% collateralized in liquid financial assets of the provincial state. It is still unknown if this digital asset will be used as a currency or will merely function as a kind of debt bond, as the ruleset for this law has still not been created.
The law also establishes that the province will be able to issue up to 2% of the annual budget of the province. The law does not specify the chain on which these assets will be issued, bu...
|Kraken Shuts Down its Headquarters in San Francisco
Kraken's CEO decided to close the company's headquarters in San Francisco after blaming the city for being incapable of ensuring public safety.
San Francisco Is not Safe
Jesse Powell, the CEO of Kraken, released a statement that the company has closed the headquarters office located in San Francisco 'after numerous employees were attacked, harassed, and robbed on their way to and from the office.'
The statement first appeared on the Internet via a tweet by Richie Greenberg, a San Francisco-based political commentator. Since then, it has attracted numerous responses in the Twitter community regarding the safety issue in the city where many crypto companies are based.
According to the words penned by Powell, San Francisco's problems in public safety, crime, homelessness, and drug abuse are totally 'underreported' because 'it is so commonplace.' The main issue, in Powell's view, points to District Attorney Chesa Boudin, who has not done enough to criminalize and penalize law offenders.
'San Francisco is not safe and will not be safe until we have a DA who puts the rights of law abiding citizens above those of the street criminals he so ingloriously protects.'
Kraken's decision came after Coinbase announced the shutdown of its headquarters in San Francisco by 2022. Last year, the company attributed the decision to its commitment to a decentralized workplace, meaning that no headquarters was assigned to a specific location. This practice is also embraced by Coinbase's major compet...