The graph above show the level of correlation between coins belonging in the currency sector in the last 30 days. NANO seems to offer some level of diversification benefit, with an average level of correlation below 0.7.
30-day currencies correlation, NANO offering some diversification benefit
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[…] projects show a lower level of correlation with respect to last week, with Dogecoin (DOGE) reporting the lowest number across the board during […]