We've all heard the jokes at one point: Always inverse r/cc. The more popular a coin is, the more you should sell it. Well I have compiled and analyzed data over the past 24 hours to see if this is true (on a micro scale) The data presented will be: Based on this data, we can see that there is a very week correlation between the number of mentions and price change. Ironically, we can see that the more mentioned coins had less of a price chance than those coins who were mentioned more. Furthermore, instead of suggesting an inverse, this short term data suggests that in the short term, more mentions correlate to more profits *Correlation is not indicative causation * Low data range - just fun trivia information [link] [comments] |
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