Reddit Posts
SSR Signals the Upcoming altcoin Season: On-Chain Analysis
Binance launches first-ever metaverse-theme Christmas event to celebrate the yuletide season
Mentions
New ETH? Shinny Vitalik or SSR Vitalik?
I just missed SCIE, it was a coin flip between that and SSR. Within an hour though i knew i made the right choice by sheer luck.
Bullish on the new SSR and UR crypto projects
Sorry, I guess I should've been extremely precise about this. You're right in a narrow sense, this bit of data doesn't take into account OTC orders, but in terms of all other normal market behaviour including crypto whales who tend to use stablecoins it's not good that the SSR and withdrawals are going down. ***It doesn't spell doom***, but withdrawals typical go *up* in the later phases of corrections because the bigger market participants are somewhat confident they can pull their BTC out, and we're not seeing that now. What I wrote was in response to what the OP had to say, I'm not saying we're going to zero so don't get worked up.
tldr; Stablecoin Supply Ratio (SSR) is an on-chain indicator that measures the ratio between the supply of stablecoins and that of Bitcoin (BTC) supply. The lower the value of the indicator, the higher the percentage of the BTC supply can be bought by stablecoins. SSR reached an all-time low value of 6.52 on June 8. A decrease below the lower Bollinger band could be a strong signal that a bottom *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
First time hearing BSTS and SSR. Gonna look it up. Thanks mate and good luck for your January. Cheers!
Man if i had the money today i would buy SSR under .30 and BSTS under .000025 but they both went up.