Something is brewing with EOS. Let's see what's cooking for the King EOS
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 ?
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.
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.
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!
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