Decred Price Analysis - Active addresses hit all-time highs as trend metrics flip bullish - OhNo WTF Crypto

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Decred Price Analysis - Active addresses hit all-time highs as trend metrics flip bullish

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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

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Josh Olszewicz, @KhareemSudlow