We analyze whether design features of cryptocurrencies affect their return volatilty. We compile a sample of 58 cryptocurrencies, adopt the taxonomy of design features proposed by \cite{Eska2022} and estimate LASSO regressions. We find that older cryptocurrencies tend to be less volatile while those created for purposes other than being a means of payment are more volatile. Cryptocurrency volatility also tends to depend on the identity of the developer.
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