Try Quests to earn crypto28. [Easy] Price Correlation
The task here is to find out if there is a price correlation between $RUNE, $XRUNE, and $THOR. I started by creating a logarithmic chart comparing the average price of each asset. From looking at the chart, it's easy to see that there is some sort of positive correlation between the prices of the assets over time. The only time where it is visually obvious that there was a negative correlation was right at launch of $THOR between $THOR and $XRUNE. This likely is because there was a large dip before the $THOR launch in $XRUNE because users were selling it to purchase $THOR and the announcement of the new THORStarter allocation levels. To validate this, I used the correlation function and found that $RUNE/$XRUNE had a correlation of .459, $RUNE/$THOR had a correlation of .960, and $THOR/$XRUNE had a correlation of .567. This shows that while all 3 are positively correlated, $RUNE/$THOR had the highest correlation. When removing the summer months where THORChain was down and the price was consistent around $4.6, the correlation of $RUNE/$XRUNE jumps to around .819. Overall, all 3 assets are highly correlated with each other.