Social Media Sentiment
Social Media Sentiment
Price Prediction: is WAXP 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|
In this guide we will look at the WAX from several different perspectives:
- social media analytics
- pricing data
- technical analysis
- developer activity
Is WAX 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 WAX or WAXP is mentioned in social media posts
- sentiment (positive or negative) of social posts in which WAX or WAXP 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 WAX or WAXP. This allows our users to see which topics/news are positively / negatively impacting the price of WAX
Why can tracker of crypto social media mentions help?
Tracking of social media mentions helps, because the price of coins is often
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 WAX
Let us now turn our attention to WAX. You can see the number of
mentions of WAX and WAXP in social
media posts in the following chart.
Comparison of hourly number of mentions on social media of WAX and Bitcoin
Check video of our platformYou can use our platform by subscribing to one of our plans.
Social media sentiment of WAX
Daily social media sentiment of WAX and WAXP is
available in the following chart (for longer history dating back to 2017, subscribe to one of our plans):
Comparison of hourly sentiment of WAXP 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. .
Analysis of most frequent words in positive/negative posts about WAX and WAXP
As part of NLP analysis of social posts we determine the
are most often found in positive and in negative social posts about
WAX and WAXP, using NLP analysis.
Words that are most frequently found in positive sentiment social posts about WAX and WAXP are:
faucet, amazing, tokens, free, wax, unlock, claiming, this, tweet, claim, making, data, classic, gaming, legendary, using, soul, brawlers, the, episode, take, jan, week, price, get, comes, drop, sale, sold, learn, mint, collection, nft, new, waxp, congratulations, 🍾, nfts, blockchain,
Words that are most frequently found in negative sentiment social posts WAX and WAXP are:
blockchain, nfts, 🍾, congratulations, waxp, new, nft, collection, mint, learn, sold, sale, drop, comes, get, price, week, jan, take, episode, using, soul, legendary, brawlers, the, gaming, classic, data, claim, making, tweet, this, claiming, unlock, wax, free, tokens, amazing, faucet,
See the 2D chart displaying full word analysis of social posts for this coin:
Interesting Reddit posts about WAX
We collect interesting Reddit posts about
WAX, here is our selection of posts:
WAX technical analysis view
Using trading data, we compute potential support
and resistance levels
for all cryptocurrencies, current chart for
Important technical analysis method is chart patterns analysis. We use AI to detect various chart patterns, here is the chart showing trendlines for WAX:
Bull and bear markets of WAX
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%.
WAX has experienced a number of bull and bear markets in the past, see chart below:
What is WAX biggest bull run ?
WAX biggest bull run started on
Nov 5th, 2020 and ended on Apr 2nd, 2021.
During this time, the price of WAX increased from 0.0317 USD to 0.3341 USD, resulting in a return of 955.3 %.
What is WAX 2nd biggest bull run ?
WAX 2nd biggest bull run started on
Jun 23rd, 2021 and ended on
Aug 24th, 2021.
During this time, the price of WAX increased from 0.0903 USD to 0.3925 USD, resulting in a return of 334.4 %.
Historical bull and bear markets of WAX:
|Symbol||Start Date||End Date||Start Price||End Price||Return|
Download historical bull and bear markets data for WAX by clicking on the button below :
Get csv of bull and bear markets
Sentiment of cryptocurrency news about WAX and WAXP
We also compute sentiment for all the news that mention
Here is an example of recent, sentiment annotated news about
WAX price prediction - 2022, 2025, 2030
There are many possible approaches to price
prediction of WAX.
Many of our clients decide to generate price
predictions by using our API to
download vast amounts of data we have accumulated
since 2017 and then develop trading models using
You can learn more about what data we provide via our API by checking out our API documentation.
For backtesting, there are many excellent open source libraries available:
Is WAXP a good investment - quickly compare WAX to other cryptocurrencies
The best ways to compare coins for potential are available if you subscribe to one of our plans.
BittsAnalytics, developed by the company Alpha Quantum, is a leading analytics platform for cryptocurrencies, delivering social sentiment and other cryptocurrencies data since 2017.