Discover and read the best of Twitter Threads about #NansenMultiChainData
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It was a sad week but it doesn’t stop me from exploring #NansenQuery 👊💪🏼
I am still pretty new to crypto and decided to explore #NansenMultiChainData! Let’s check out the utility of multi-chain in this thread. 🔎🧵
💣Spoiler: I made money in my simulation
I am still pretty new to crypto and decided to explore #NansenMultiChainData! Let’s check out the utility of multi-chain in this thread. 🔎🧵
💣Spoiler: I made money in my simulation
1/ ✍️Nansen researcher put multi-chain data to test. We found that the more assets are bridged over to new chains / L2s, the higher the demand for the underlying chain token and the fundamental value of native chain token.
2/ In other words, the higher amount of tokens bridged over to to new chains or to L2s, the stronger the support of the native chain token’s price.📈
Read for more: nansen.ai/research/money…
Read for more: nansen.ai/research/money…
