Social Media Sentiment
Hourly Sentiment
DOT
Total Shipments
763,215
Social Media Sentiment
Hourly Sentiment
Price Prediction: is DOT a Good Investment Today in 2022, and in 2025, 2030?
Current price and other data:
| Symbol | Price change (1d) | Price (USD) | Price change (1 week) | Sentiment | Sentiment change (1d) | Sentiment change (1 week) | Tweets volume change | Trading volume change | Volatility | MarketCap |
|---|---|---|---|---|---|---|---|---|---|---|
| DOT | 6.28 | 1.95 | 3.46 | -0.11 | -0.07 | -0.22 | -29.9 | 13.5 | 3.59 | 7655388252 |
In this guide we will look at the Polkadot from several different perspectives:
- social media analytics
- pricing data
- technical analysis
- developer activity
- news
Is Polkadot a good investment - what does social media tell us about this?
Social listening is a strategy that allows for the monitoring of social media
channels to find out what people are saying about individual coins.
Our web
platform
collects this data
non-stop, processing millions of social media posts each day.
From this social media data we determine:
- number of times Polkadot or DOT is mentioned in social media posts
- sentiment (positive or negative) of social posts in which Polkadot or DOT is mentioned (we use state-of-the-art machine learning model to compute sentiment of posts)
- what are the most frequent words/topics mentioned in positive or negative sentiment posts that mention Polkadot or DOT. This allows our users to see which topics/news are positively / negatively impacting the price of Polkadot
Why can tracker of crypto social media mentions help?
Tracking of social media mentions helps, because the price of coins is often
intertwined
with activity on social media.
See in the chart below how there
was years of disinterest in Dogecoin on social media, followed by spikes in
social media
mentions along with price rise:
Social media mentions of Polkadot
Let us now turn our attention to Polkadot. You can see the number of
daily
mentions of Polkadot and DOT in social
media posts in the following chart.
Comparison of hourly number of mentions on social media of Polkadot and Bitcoin
Social media sentiment of Polkadot
Daily social media sentiment of Polkadot and DOT is
available in the following chart (for longer history dating back to 2017, subscribe to one of our plans):
Comparison of hourly sentiment of DOT and Bitcoin
The interesting development and insights can often be obtained from same
data but based on smaller, hourly interval.
You can get the mentions and
sentiment of coins on hourly
level as well, by subscribing to one of our
plans.
Interested in just the crypto sentiment of Bitcoin? Check out crypto sentiment analysis of bitcoin.
Analysis of most frequent words in positive/negative posts about Polkadot and DOT
As part of NLP analysis of social posts we determine the
words that
are most often found in positive and in negative social posts about
Polkadot and DOT, using NLP analysis.
Words that are most frequently found in positive sentiment social
posts
about Polkadot and DOT are:
top, dot, crypto, kraken, day, eth, rewards, long, btc, staking, earn, new, make, price, sol, use, week, great, ksm, start, weekly, good, many, parachain, next, trading, buying, win, live, auctions, see, projects, our, year, analyst, kucoin, coming, usdt, kusama, invest, last, learn, read, avax, season, join, chart, time, buy, waiting,
Words that are most frequently found in negative sentiment social
posts
Polkadot and DOT are:
missed, *, you, s, polkadot, the, it, t, know, xrp, like, mind, don, that, get, bitcoin, one, people, but, doge, software, not, blockchains, network, stake, need, think, there, 🚀, sell, please, project, they, and, what, something, two, could, right, re, miss, especially, able, security, take, business, types, market, how, understand,
See the 2D chart displaying full word analysis of social posts for this
coin:
Interesting Reddit posts about Polkadot
We collect interesting Reddit posts about
Polkadot, here is our selection of posts:
| Reddit post |
|---|
Polkadot technical analysis view
Using trading data, we compute potential support
and resistance levels
for all cryptocurrencies, current chart for
Polkadot:
Important technical analysis method is chart patterns analysis. We use AI to detect various chart patterns, here is the chart showing trendlines for Polkadot:
Bull and bear markets of Polkadot
A bull market is a period of general rising prices in
the crypto, stock or any other financial market. A
bull market is typically preceded by a bear market and
followed by a bear market.
We define a bull market as appreciation of price by
more than 30% and bear market a period when the prices
fall by more than 30%.
Polkadot has experienced a number of bull
and bear markets in the past, see chart below:
2020-10-07
2021-04-06
2021-07-21
2021-11-05
2020-08-19
2020-09-01
What is Polkadot biggest bull run ?
Polkadot biggest bull run started on
Oct 7th, 2020 and ended on Apr 6th, 2021.
During this time, the price of Polkadot increased
from
3.7488 USD to
45.6083 USD, resulting in a return of
1116.6 %.
What is Polkadot 2nd biggest bull run ?
Polkadot 2nd biggest bull run started on
Jul 21st, 2021 and ended on
Nov 5th, 2021.
During this time, the price of Polkadot increased from
11.0743 USD to
54.1429 USD, resulting in a return of
388.9 %.
Historical bull and bear markets of Polkadot:
| Symbol | Start Date | End Date | Start Price | End Price | Return |
|---|---|---|---|---|---|
| DOT | 2020-08-19 | 2020-09-01 | 2.9366649977841 | 6.2987977216772 | 1.1448812603515 |
| DOT | 2020-09-01 | 2020-10-07 | 6.2987977216772 | 3.748835471707 | -0.404833170177 |
| DOT | 2020-10-07 | 2021-04-06 | 3.748835471707 | 45.60830000405 | 11.165991372057 |
| DOT | 2021-04-06 | 2021-04-25 | 45.60830000405 | 29.138478823748 | -0.3611145598244 |
| DOT | 2021-04-25 | 2021-05-15 | 29.138478823748 | 47.332353635706 | 0.62439343254697 |
| DOT | 2021-05-15 | 2021-05-24 | 47.332353635706 | 18.055571726141 | -0.61853636383463 |
| DOT | 2021-05-24 | 2021-06-04 | 18.055571726141 | 27.234938171422 | 0.5083952247267 |
| DOT | 2021-06-04 | 2021-07-21 | 27.234938171422 | 11.074335571857 | -0.59337761289733 |
| DOT | 2021-07-21 | 2021-11-05 | 11.074335571857 | 54.142859845462 | 3.8890391206001 |
Other sources of historical data: Polkadot free historical data for download
Polkadot cryptocurrency API data
Download historical bull and bear markets data for
Polkadot by clicking on the button below
:
Get csv of bull and bear markets
Sentiment of cryptocurrency news about Polkadot and DOT
We also compute sentiment for all the news that mention
Polkadot and
DOT.
Here is an example of recent, sentiment annotated news about
Polkadot:
