An insightful metric to review when analyzing the future potential of altcoins is to look at the daily active users of a digital coin or token. The idea behind this is that the more people who are using a digital currency on a daily basis, the higher its potential for success.
The way to analyze daily active users is to look at the daily active addresses, which can be easily found on public blockchain networks.
In this article, we’ve compiled a list of altcoins ranked by the amount of active daily users they possess. To compose the list, Bitcoin Market Journal took a snapshot of daily active addresses data found on BitInfoCharts on June 28, 2019.
Related Articles:
- Top Altcoins by Users and Volume
- Best Dividend-Paying Altcoins and Cryptocurrencies 2019
- Beyond Market Cap: 3 Alternative Ways to Value Altcoins
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