Coingecko bookmarks 30d
Monthly trend in CoinGecko bookmarks
The change in the number of bookmarks over 30 days allows us to detect a lasting trend in interest from the retail investor market. This refers to the number of people who have added this cryptocurrency to their “Portfolio” section.
- A steady increase over 30 days is a sign that the project is gradually attracting a growing base of curious or convinced investors. It is an indicator of long-term popularity.
- A steady decline over 30 days alerts us to a loss of appeal. This may be due to past hype or competition from other projects in the same sector.
- A sharp rise over 30 days may signal a shift in narrative (e.g., a sudden transition from an “unknown” cryptocurrency to a “mainstream” cryptocurrency).
- A sharp decline over 30 days may reflect lasting disaffection, often coupled with a stagnant or falling price.
If bookmarks rise over 30 days while the price has fallen over 30 days, it is interesting to observe the distribution of tokens (vesting), as this may mean that many investors are waiting for a low point in the price in order to buy when the distribution of tokens calms down.
Source: calculation performed by CryptoScores based on figures from coingecko.com. Clicking on the figure takes you to the page for this cryptocurrency on CoinGecko.
This metric is part of the Opportunity category