The diagram compares the daily average price of $DEGEN with the total number of casts on Farcaster. It appears that, in fact, $DEGEN is the pulse of Farcaster.

Post bounties and services on Farcaster by tagging me. Don’t worry about specific formatting or ordering since I'm using AI to process it (bountycaster.xyz) /bounties. FAQ: bountycaster.xyz/FAQ

crypto-anarchist · onchain social explorer, curator, advisor · host /luo · write 0xluo.xyz

can you please breakdown this graph into two:

$degen avg price x casts containing only an amount of $degen + emojis or “nice” or “wow”

$degen avg price x all other casts 

will pay you 20 USDC @bountybot

I can show you a graph displaying the prices of $degen and casts include $degen, but their correlation is not as strong as the correlation between $degen price and total casts. This query is public, and anyone interested can conduct further research.
https://dune.com/queries/3472316/5835997

/ted | exploring the onchain frontier | surfing @ venice, ca | eating @ gjusta / gjelina

And here is the chart showing the number of casts excluding those containing $degen, as well as the corresponding prices of $degen. These two factors are also highly correlated.