It is possible to invest ERC-20 tokens by determining the trading volume of days of the week

Feb 3rd 2020
One of the things (but not always) correlating with price is the active address. For example, when we looked at the entire history of popular tokens last month, we found that many of them show a correlation between price and number of active wallet addresses.

It is not true for all tokens and it is not always true, but evidence shows that the more powerful the cryptocurrency network is, the higher its token price is. That means being able to predict when the network is at its strongest will be possible.

For 17 popular ERC20 tokens, the TokenAnalyst API provides daily network activity history through active addresses. So we looked at the entire history available to all tokens to find out which day of the week was the most active for each token.