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πŸ”΄Direct Correlation Between Crypto Asset Prices and Their Code Developers:

πŸ”»Findings of A 37-page report show that there is a clear link between the collaborative development of cryptocurrencies and their market behavior, allegedly, β€œthe first coding event linking two cryptocurrencies through a common developer leads to the synchronization of their returns in the following months.”
As regards that many Crypto assets host open-source code, they ward off manipulation schemes consistently. 4% of developers contribute to the code of more than one cryptocurrency and that the market reflects these cross-asset dependencies.

#cryptoasset
#codedeveloper
#opensourcecode
#technology
#coding
#developers
#trading