Seesaw Protocol: Ssw Token Handle 0xfe974dfdc2df0ed326d0b303d18560c3824b2f94

This paper investigates the intraday return cross-predictability of cryptocurrencies. In contrast to the positive lead–lag effect for shares, we doc a negative lead–lag impact in the cryptocurrency market. Specifically, the large coins negatively predict the opposite cash but the small coins hardly ever predict the large coins. Having shown the strong profitability of the SO trading technique based mostly on the cross predictability of cryptocurrencies, we examine the underlying financial mechanism. It is of the first-order importance to look at whether or not the evidence has a risk-based explanation or the technique derives its income by way of a limits-to-arbitrage (LTA) channel. If the income of the SO technique are because of risk bearing, then our findings doubtlessly contribute to the research on widespread threat elements in the cryptocurrency market (Borri and Shakhnov, 2022, Liu et al., 2022).

DR (Domain Rating) metric is a sign of the project’s website reputability that’s ranked from zero to a hundred (the greater the rank, the better reputability). Organic Traffic – is a metric of what quantity of monthly users visit the project’s web site via search engines. All these metrics are used for determining lively or passive tasks despite the bogus hype.

Journal Of Empirical Finance

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Some researchers attribute the lead–lag impact to the gradual info diffusion out there (e.g., Hong et al. (2007) and Rapach et al. (2013)). An attention-grabbing research question is whether or not non-fundamental data can diffuse throughout property to generate the lead–lag effect. The primary problem to answering this query is to disentangle non–fundamental information from fundamental information. The price of Seesaw within the ICO was $ zero.005 and the token sale ended on Apr 8, 2022.

Trading Volume And The Predictability Of Return And Volatility In The Cryptocurrency Market

We name the negative cross predictability throughout the cryptocurrencies the “seesaw effect” to highlight its departure from the positive lead–lag impact in the fairness market. The most lively and popular exchanges for purchasing or promoting SSW are Binance, Kucoin & Kraken. Find extra crypto trade choices on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency protected are Ledger and Trezor. For this purpose, our first set of diagnostic checks goal to differentiate between a risk-based rationalization and an LTA rationalization.

Since launching in January of this yr, the operation’s Twitter feed has quickly amassed a pair thousand followers. It’s got a really energetic Telegram web page with greater than 21,000 members. And there’s even a subreddit, Discord server and TikTok pages providing support. The total evidence that the SO technique derives its profitability by way of an LTA channel is consistent with the technical requirements seesaw crypto of practically implementing the technique. In follow, merchants want to apply comparatively subtle and fast machine studying strategies to generate forecasts at excessive frequency. Moreover, efficiently built-in and automated algorithms are required to question the REST API, load data, calculate positions, and execute orders across the clock.

Whole Provide

In reality, the factor-adjusted profits with out and with transaction costs are often even greater than the unadjusted profits. Moreover, the income of the SO strategy are sturdy to the adjustment of illiquidity (Trimborn et al., 2020). CoinCheckup provides live cryptocurrency prices and charts, listed by crypto market cap.

Our empirical findings indicate that there does exist vital cross predictability among the many cryptocurrencies. In specific, a negative lead–lag impact between massive and small cryptocurrencies emerges from the pair-wise Granger causality exams. Specifically, the five largest coins in our sample, Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOScoin (EOS), lead the small cash but not vice versa. That is, the returns of the 5 largest coins negatively predict the next-period returns of the small coins while the reverse doesn’t maintain. Despite that the asymmetry between giant and small coins is similar to the asymmetry between large and small shares, the 2 lead–lag results have opposite signs.

Publicly circulating amount of specific cryptocurrency coins/tokens that were mined or issued to date, and are not locked/staked (are obtainable to be traded publicly). These are the project web site’s metrics primarily based on Ahrefs Rank. They’re used to hint website activity & progress inside the project.

Another facet of Seesaw Protocol crypto that might be a little bit of a pink flag is the bonus referral program. If you purchase some of this token, then rope some pals or family into shopping for some, you’ll have the ability to get up to a 5% bonus. That sounds fairly scheme-y for a token still within the presale stage. Investors have obviously been benefiting from the program. Seesaw Protocol (SSW) shows that it believes in the crypto world’s future, as they may donate 1% of its marketing funds to international instructional institutions.

The quantity of all coins/tokens that have ever been issued (even if the cash are locked), minus all coins/tokens that have been removed from circulation (burned). The Total Supply is much like stock market’s Outstanding Shares. Market Capitalization is the overall worth of all coins/tokens which were mined or issued till now and are in circulation (not locked). It’s much like the stock markets’ Free-Float Capitalization. But that doesn’t imply there isn’t cause to be considerably skeptical. We’d like to build a decentralized trade where it would be potential to purchase any crypto we want with a credit score or debit card.

These requirements present limitations to entry to non-sophisticated buyers. BitDegree Learning Hub aims to uncover, simplify & share Web3 & cryptocurrency schooling with the lots. Join millions, easily discover and perceive cryptocurrencies, worth charts, high crypto exchanges & wallets in one place.

Our findings are robust as they are found for two major crypto exchanges, both of which have the identical 5 largest coins but completely different units of small cash. It is a quantitative metric calculating how many individual models of particular cryptocurrency coins/tokens were traded (bought & sold) throughout the last 24 hours. It’s a direct cryptocurrency’s provide & demand indicator, and is only related to its market worth. These are the project’s quantitative metrics of its official Reddit account that can be used to trace regular or artificial Social activity & growth throughout the project.

Herding Behavior And Contagion Within The Cryptocurrency Market

Get latest crypto prices, predictions, information, and historical data for Bitcoin and hundreds of altcoins. With unique new options, cryptocurrencies provide researchers a chance to re-examine some salient empirical evidence documented previously for conventional financial belongings. In this paper, we use the intraday returns of cryptocurrencies to test whether the well-documented lead–lag impact in the equity market exists in the crypto market. Trading and investing in digital assets is extremely speculative and comes with many dangers.

• The evaluation reveals that a coin with optimistic indicators and regularly selected by LASSO as a related predictor tends to attract future relative cash inflows, probably from other cash.
• Investors have obviously been taking advantage of the program.
• The documented significant cross predictability and the big number of cryptocurrencies in our pattern counsel potential profitable buying and selling methods.
• We’re trying to stay open minded concerning the Seesaw Protocol crypto token project.
• If you may be new to crypto, use the Crypto.com University and our Help Center to learn how to start shopping for Bitcoin, Ethereum, and other cryptocurrencies.
• Join millions, simply uncover and perceive cryptocurrencies, worth charts, high crypto exchanges & wallets in a single place.

To additional understand the underlying financial mechanism, our second set of diagnostic tests present in-depth understanding of the seesaw effect. The evaluation reveals that a coin with positive signals and regularly chosen by LASSO as a related predictor tends to attract future relative cash inflows, likely from different coins. Moreover, this impact is extra pronounced for the large coins. In contrast, there is only gentle evidence supporting a “flee-from-cold-coins” impact. If carried out as above, the SO strategy stays significantly worthwhile even after incorporating realistic transaction costs. Our findings cannot be explained by the crypto factors of Liu et al. (2022).