Altcoins Heating Up - Which Ones Should You Have on Your Radar?

Profile picture
Jun 29, 2021

One of our favorite metrics to keep an eye on as we analyze market health is active addresses vs. active deposits. When address activity is high and deposits are staying low, this is a good sign that prices can naturally grow.

As you would imagine, the numbers aren't just all in the ratio between these two metrics. We also want to see address activity in general moving up, even if that means deposits are moving up along with it. Here's a look at 3 great, as well as 3 not so great, candidates:

Looking Healthy:

Ethereum ($ETH)

The Graph ($GRT)

Sentivate ($SNTVT)

Looking Unhealthy:

Loopring ($LRC)

Crypto-Com ($CRO)

Skale ($SKL)

Profile picture
Jun 29, 2021

Thanks for reading!

If you enjoyed this insight please leave a like, join discussion in the comments and share it with your friends!


Assets from this insight

Ethereum logo


$ 3850.39

8.55%in last 7d
The Graph logo

The GraphGRT

$ 0.800025

11.26%in last 7d
Sentivate logo


$ 0.006721

3.32%in last 7d
Loopring logo


$ 0.425311

5.50%in last 7d Coin logo CoinCRO

$ 0.191209

0.39%in last 7d
SKALE Network logo


$ 0.372475

18.60%in last 7d