Innovator Adoption Predicted Returns in a Study of 77 Cryptocurrencies

A study of 77 cryptocurrencies found that modeled innovator adoption predicted future returns, while total active-address growth did not, separating one model component from a broader measure of network activity. That finding has a narrower scope than an early-mover claim. The researchers tested whether model-estimated adoption components predicted later returns; they did not test investor timing against market attention. The result describes a relationship in historical data, not a measure of who bought before a crowd.

Source: TokenPost