We track millions of social media posts and use machine learning to determine sentiment for 200+ of cryptocurrencies. We can become interested in a cryptocurrency for many different reasons based on our data, three such examples are:
- cryptocurrency had a large jump in tweets mentions
- it had a large jump in sentiment as determined with machine learning from tweets about it
- it had a large increase in both sentiment and tweets mentions number
One of the latest examples for second kind of signal was Lisk. It had a surge in sentiment on 30th January, see chart below. Next day price jumped during the day by more than 50%.
As you can see from the chart of hourly sentiment below there was a sentiment jump already at the start of 30th January.
If you want to use data like this as an additional source of information to improve your cryptocurrency trading, you can get it at our platform www.bittsanalytics.com.