Weekly Report on #MillionToken $MM. Strong Month. Week Ending 05/29/22.

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Transcript:

Hi guys. Today we will focus on the Million Token metrics.

On MillionToken this week, the total number of new addresses increased from fifty last week to eighty five this week. That represents an increase of about seventy percent. The yellow bars reflect this past week. Interesting to note that AVAX saw a pick up in activity this week. Also there were a lot of spam transactions on polygon as well, and I filtered that out from the total number of new addresses.

Now let us take a look at total transactions. That is also up for the month to four thousand two hundred and eighty four which is a seventy percent increase from last week. Again, the yellow bar reflects this past week. Now there were a lot of spam transactions this time around on Polygon. So this number in yellow should really match or tie the previous weeks.

Now putting together the total transactions in blue along with total addresses in orange, this has been a decent week. Total addresses are up. Total transactions are also up.

Regardless of anything, I did an inventory of new addresses this week that acquired more than 100 tokens, and this is what the on-chain data shows.

On the flip side here are accounts that lessened their balance by 100 or more tokens.

And that is all I have for the crypto minute. Next week, I will be looking at the monthly data for May so stay tuned. I will also have these charts on Twitter, Metafora, and Linkedin. And as always, liking, subscribing, and sharing this content goes a long way. Have a great day.