MakerDAO (DAI) is breaking out. Can it continue? Where is the top?

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Oct 9, 2018

Maker DAO (MKR) shows most of the typical signs for "price explosion because of the crowd realisation

First, we've seen very healthy network activity and growth during the last month

Data from the Santiment "beta" dashboards. Deep dive into on-chain data

Second, there have been intensive "accumulation" phase lately. Based with the interesting observation of "capitulation" before this accumulation - this makes the picture even more appealing. See below.

On-chain data showing the in/outflows into the exchange wallets

To track and spot the possible top this "social search" could be used:

Once we see the huge spike in "crowd interest" and, ideally, growing price on the falling "talking interest" - the top is in.

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Oct 9, 2018

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