Goal:

Create a personal sense about

• prevalent occurrence and quality of up-running correlation of DAA compared to price
• quantity of false signals

Tool:

• Sanbase
• On chain data: Daily Active Adresses
• Timeframe: „All“

Tokens evaluated:

• current top 100 marketcap
• with DAA data available

Explanation of data table:

Rating evaluates the up-running correlation of DAA compared to price.

1 (low) - At least one price increase is signalled by grown DAA. General correlation weak.

2 (medium) - Some price increases are signalled by grown DAA. General correlation noticeable.

3 (strong) - Allmost all price increases are signalled by grown DAA. General correlation strong.

Tokens with no correlation are not part of the table.

A false signal is defined as the following simultaneous occurence of events:

• significant rise (>20%) of DAA compared to previous week
• no significant price increase in the upcoming four week
• no prior or identical price spikes
• not at beginning of data recording or token distribution

False signals will be marked if at least one occurrence can be spotted in the chart.

Disclaimer:

Whole evaluation has been done with human eye. No programmatic analysis has been implemented.