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Pepe-Unchained-PEPU-Data-Analysis-Project

This project explores the price, trading volume, and market capitalization of the cryptocurrency Pepe Unchained (PEPU) to identify patterns and market behaviors. Given that PEPU is a relatively new cryptocurrency, the analysis highlights key insights while acknowledging the limitations due to its short history and limited data.

Project Objectives

  1. Price, Volume, and Market Cap Analysis:
    • Examine the relationships between these key metrics.
    • Identify trends and correlations to better understand market dynamics.
  2. Exploratory Data Analysis:
    • Visualize historical trends in price, volume, and market cap.
    • Analyze the distribution of these variables to uncover insights into market activity.

Key Findings

  • Price vs. Volume: A strong correlation (0.87) suggests that trading activity significantly impacts price movements.
  • Market Cap vs. Price: A moderate correlation (0.61) shows alignment between valuation and price trends.
  • Market Cap vs. Volume: A weak negative correlation (-0.53) may indicate sporadic trading behavior.
  • The cryptocurrency's young age introduces volatility and uncertainty, limiting the reliability of long-term predictions.

Future Directions

  1. On-Chain Metrics: Analyze blockchain data (e.g., transaction volume, active wallets) to understand user adoption and ecosystem growth.
  2. Market Behavior Analysis: Study liquidity, order book dynamics, and trading pair performance for deeper insights into market efficiency.
  3. Comparative Studies: Compare PEPU with other emerging cryptocurrencies to contextualize its performance and highlight opportunities.

Technologies Used

  • Python: Data manipulation and visualization.

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