Lord EOS
Something is brewing with EOS. Let's see what's cooking for the King EOS
![](https://production-sanbase-images.s3.amazonaws.com/uploads/4822487d52f9d1061c7354b9a749c2675c163a62d6b6732b28049cfb8f7f7fbf_1589037862863_holders.png)
First indicator i used is Holder's distribution. You can litteraly see the inverse correlation between the investors/baby whales and the big guys.
While retail has been distributing EOS, Whales have been accumulatng. Who's right ?
![](https://production-sanbase-images.s3.amazonaws.com/uploads/8dcc093b6850117ff802ec84848720f20388e9c198d768f87087b01b0a6feb53_1589037955330_social%20activity.png)
The second indicator i want to use when i see retail dumping is social activity. I'm not disappointed. Activity is at his finest. A lot of social activity since mid-april.
![](https://production-sanbase-images.s3.amazonaws.com/uploads/9b9d72cdb9a3f796a91f766ade72dee339bd9d02b9f53202a8711675c91a504a_1589038015961_dev%20and%20volume%20tx.png)
The devs have been busy, their focus should be an example for most crypto projects. By the way, transaction volume is high. It is been high like this for a year, because of the dApps i guess.
![](https://production-sanbase-images.s3.amazonaws.com/uploads/dc4594f5feea592a4156580346d207ca0f348589bdbd0a253e5b6fba6fa37d78_1589038083909_DAA.png)
The daily active adress is since late 2019 in constant growth. Something that needed to be notified. DAA growing = network is solid
That is all about the indicators that were relevant. I tried with network growth and supply on exchanges, but nothing interesting.
Anyway, the indicators above seems to be pointing out towards a bullish momentum for EOS.
Thanks for reading!
If you enjoyed this insight please leave a like, join discussion in the comments and share it with your friends!
Never miss a post from Cryptopolitain!
Get 'early bird' alerts for new insights from this author
Conversations (0)