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

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brianq
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)

GRTSNTVTLRCCROSKL
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brianq
Jun 29, 2021

Thanks for reading!

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1

Assets from this insight

Ethereum logo

EthereumETH

$ 4186.01

15.11%in last 7d
The Graph logo

The GraphGRT

$ 0.847520

20.42%in last 7d
Sentivate logo

SentivateSNTVT

$ 0.006960

10.24%in last 7d
Loopring logo

LoopringLRC

$ 0.436404

14.63%in last 7d
Crypto.com Coin logo

Crypto.com CoinCRO

$ 0.190858

1.19%in last 7d
SKALE Network logo

SKALE NetworkSKL

$ 0.349655

15.96%in last 7d

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4 months ago

Eth