how is it possible for all the crypto to dive together ?
makes you wonder, is there such a thing as different crypto value or are all just following big daddy - bitcoin
... thinking out loud
@turpija Sadly it has everything to do with triangular arbitrage (google it if you are not aware), it's simple maths, but it's recking the crypto space!
The only solution would be to have every crypto trade against a stable coin only, and remove as much liquidity out of cross-pairs as possible (BTC/ETH for example).
Million token is statistically uncorrelated to Bitcoin - currently presenting just a 0.14 weekly correlation; this makes it the PERFECT hedge against Bitcoin and the broader market.
https://www.datawrapper.de/_/xUAPU/
@JamesHuckle For the longest time i wondered why TL built so many bridges felt like there were other priorities other things he could have worked on. The bridges will come in handy to help the growth of users not just on polygon I feel like $AVAX will experience an increase in HODLRS.