Decred Price Analysis - Active addresses hit all-time highs as trend metrics flip bullish
#crypto #bitcoin
Active and unique addresses are important to consider when determining the fundamental value of the network using Metcalfe's law. A sudden and continuous increase in active addresses paints a bullish picture as this typically indicates a sharp increase in on-chain use or interest.
OhNoCrypto
via https://www.ohnocrypto.com
Josh Olszewicz, @KhareemSudlow
Active and unique addresses are important to consider when determining the fundamental value of the network using Metcalfe's law. A sudden and continuous increase in active addresses paints a bullish picture as this typically indicates a sharp increase in on-chain use or interest.
OhNoCrypto
via https://www.ohnocrypto.com
Josh Olszewicz, @KhareemSudlow