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Mean Dollar Invested Ages Still Indicate Healthy Dormant Movement - Bull Market to Continue?

@brianq
1 min read
11.12.2024
DOGE
LINK
XRP
ETH
BTC


📊 One of the most overlooked metrics in crypto, Mean Dollar Invested Age is flashing a bullish signal despite the market-wide retrace this week.

The Mean Age of investment for:

🪙 BTC is 439 days (31% younger in 60 weeks)
🪙 XRP is 865 days (22% younger in 14 weeks)
🪙 DOGE is 370 days (31% younger in 8 weeks)

When a network's Mean Dollar Invested Age line is moving down, it indicates that older, stagnant wallets (particularly from large key stakeholders) are circulating their dormant coins back into circulation, increasing network activity.

This is one of the key indicators throughout the history of each coin's lifespan that helps validate that a bull market can and should continue. The 2017 and 2021 bull markets similarly did not come to a halt until assets' mean ages started going "up" (getting older) again.

Though short-term price volatility can continue to be expected, consider this a very valuable bode of confidence if you remain bullish on market prices in the mid and long term. 👌

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Featured in this Insight

Ethereum ETH

$ 4329.18
1.24%
in last 7d

Bitcoin BTC

$ 116534.14
-2.03%
in last 7d

Dogecoin DOGE

$ 0.224725
-0.0168%
in last 7d

Grayscale BTC ETF mini BTC

N/A
0%
in last 7d

HarryPotterObamaPacMan8Inu XRP

$ 0.007836
-1.9%
in last 7d

XRP Ledger XRP

$ 3.069751
-2.51%
in last 7d

Department Of Government Efficiency (dogegov.com) DOGE

$ 0.008562
-1.22%
in last 7d

ChainLink LINK

$ 25.57
20.71%
in last 7d
DOGE
LINK
XRP
ETH
BTC

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