ChainLink Token (LINKUSD)

[stockvaper]

Taking Daily Active Address Divergence vs. Price to a Simplistically Effective New Stratosphere

"...It can be argued that there is no greater and more accurately predictive metric in cryptocurrency than daily active addresses. The metric is defined by the Santiment Academy as "...the number of distinct addresses that participate in a transfer for a given asset in any given day... Each address is counted only once for the day. Both the senders and the receivers of the asset are counted." In other words, this metric is measuring the amount of network activity of any given asset, based on the amount of unique participating addresses. Over time, prices tend to follow DAA on a long-term time scale, given enough time for price to roughly lag behind its total address activity. Here's proof:



It's far from a perfect correlation, and that's a good thing. If BTC's market value price was perfectly baked into real-time fluctuation in active addresses, then there would be no real marketplace for it due to the lack of edge traders can have..."

https://insights.santiment.net/read/taking-daily-active-address-divergence-vs.-price-to-a-simplistically-effective-new-stratosphere-5905

Link will have to climb to $30, right now, to reach it's DAA divergence to date. At 1.4 integrations per day, it'll have to be at/above $35 next month. This will accelerate at an exponential value, until every integration in the world has access to blockchain.