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Collective Behavior of Price Changes of ERC-20 Tokens

dc.contributor.authorHeinonen, Henri T.
dc.contributor.authorSemenov, Alexander
dc.contributor.authorBoginski, Vladimir
dc.contributor.editorChellappan, Sriram
dc.contributor.editorChoo, Kim-Kwang Raymond
dc.contributor.editorPhan, NhatHai
dc.date.accessioned2023-01-09T09:39:12Z
dc.date.available2023-01-09T09:39:12Z
dc.date.issued2020
dc.identifier.citationHeinonen, H. T., Semenov, A., & Boginski, V. (2020). Collective Behavior of Price Changes of ERC-20 Tokens. In S. Chellappan, K.-K. R. Choo, & N. Phan (Eds.), <i>Computational Data and Social Networks : 9th International Conference, CSoNet 2020, Dallas, TX, USA, December 11–13, 2020, Proceedings</i> (pp. 487-498). Springer. Lecture Notes in Computer Science, 12575. <a href="https://doi.org/10.1007/978-3-030-66046-8_40" target="_blank">https://doi.org/10.1007/978-3-030-66046-8_40</a>
dc.identifier.otherCONVID_51894514
dc.identifier.urihttps://jyx.jyu.fi/handle/123456789/84838
dc.description.abstractWe analyze a network constructed from tokens developed on Ethereum platform. We collect a large data set of ERC-20 token prices; the total market capitalization of the token set is 50.2 billion (109) US dollars. The token set includes 541 tokens; each one of them has a market capitalization of 1 million US dollars or more. We construct and analyze the networks based on cross-correlation of tokens’ returns. We find that the degree distributions of the resulting graphs do not follow the power law degree distribution. We cannot find any hierarchical structures nor groupings of ERC-20 tokens in our analysis.en
dc.format.extent538
dc.format.mimetypeapplication/pdf
dc.language.isoeng
dc.publisherSpringer
dc.relation.ispartofComputational Data and Social Networks : 9th International Conference, CSoNet 2020, Dallas, TX, USA, December 11–13, 2020, Proceedings
dc.relation.ispartofseriesLecture Notes in Computer Science
dc.rightsIn Copyright
dc.subject.othertoken
dc.subject.othercryptocurrency
dc.subject.othercross correlation matrix
dc.subject.otherfegree distribution
dc.titleCollective Behavior of Price Changes of ERC-20 Tokens
dc.typeconferenceObject
dc.identifier.urnURN:NBN:fi:jyu-202301091193
dc.contributor.laitosInformaatioteknologian tiedekuntafi
dc.contributor.laitosFaculty of Information Technologyen
dc.type.urihttp://purl.org/eprint/type/ConferencePaper
dc.relation.isbn978-3-030-66045-1
dc.type.coarhttp://purl.org/coar/resource_type/c_5794
dc.description.reviewstatuspeerReviewed
dc.format.pagerange487-498
dc.relation.issn0302-9743
dc.type.versionacceptedVersion
dc.rights.copyright© Springer Nature Switzerland AG 2020
dc.rights.accesslevelopenAccessfi
dc.relation.conferenceInternational Conference on Computational Data and Social Networks
dc.subject.ysomarkkina-arvo
dc.subject.ysokorrelaatio
dc.subject.ysovirtuaalivaluutta
dc.subject.ysovoitot (talous)
dc.format.contentfulltext
jyx.subject.urihttp://www.yso.fi/onto/yso/p22006
jyx.subject.urihttp://www.yso.fi/onto/yso/p16706
jyx.subject.urihttp://www.yso.fi/onto/yso/p28873
jyx.subject.urihttp://www.yso.fi/onto/yso/p5124
dc.rights.urlhttp://rightsstatements.org/page/InC/1.0/?language=en
dc.relation.doi10.1007/978-3-030-66046-8_40
dc.type.okmA4


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