Highly correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
XRP
XRP
|
0.9473531 |
details, prediction |
Bitcoin Cash
BCH
|
0.9414242 |
details, prediction |
Cardano
ADA
|
0.89967346 |
details, prediction |
KuCoin Shares
KCS
|
0.87978095 |
details, prediction |
Crypto.com Chain
CRO
|
0.8752091 |
details, prediction |
|
Second tier
|
Ravencoin
RVN
|
0.9812663 |
details, prediction |
Theta Fuel
TFUEL
|
0.9737014 |
details, prediction |
Theta
THETA
|
0.9654329 |
details, prediction |
Waves
WAVES
|
0.9634002 |
details, prediction |
Vechain
VET
|
0.9609561 |
details, prediction |
|
Third tier
|
LAToken
LA
|
0.9840382 |
details, prediction |
Steem
STEEM
|
0.97520894 |
details, prediction |
Lisk
LSK
|
0.9740758 |
details, prediction |
SysCoin
SYS
|
0.9678382 |
details, prediction |
ARK
ARK
|
0.9674525 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that SingularityNET price can be leaded by other, more mighty cryptocurrency, or maybe some market trend have affect on it.
It can be confidently asserted that any crypto currency has a significant dependence on the market as a whole and, in particular, the top 3 currencies -
Bitcoin,
Ethereum and
Ripple, so the prediction of their prices will affect the price of SingularityNET
Low correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
ZCash
ZEC
|
-0.50062025 |
details, prediction |
Stellar
XLM
|
-0.29718053 |
details, prediction |
TRON
TRX
|
-0.2790915 |
details, prediction |
Monero
XMR
|
0.57515115 |
details, prediction |
Binance Coin
BNB
|
0.669448 |
details, prediction |
|
Second tier
|
USD//Coin
USDC
|
-0.96200293 |
details, prediction |
Dai
DAI
|
-0.9479719 |
details, prediction |
True USD
TUSD
|
-0.5845172 |
details, prediction |
Telcoin
TEL
|
0.036612045 |
details, prediction |
OriginTrail
TRAC
|
0.12544833 |
details, prediction |
|
Third tier
|
V Systems
VSYS
|
-0.66927356 |
details, prediction |
Matrix AI Network
MAN
|
-0.3226784 |
details, prediction |
Komodo
KMD
|
-0.30630583 |
details, prediction |
Propy
PRO
|
-0.18077552 |
details, prediction |
Phantasma
SOUL
|
0.13830343 |
details, prediction |
This report should be leaned to build highly diversified portfolio.
It makes sense to mention that a low correlation in this case includes not only coins whose movements are not statistically related but, on the contrary, move in opposite directions (in the case of a negative value of the parameter)