Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
LunarCrush
Ethereum (ETH) Surges Ahead with Ultra-Strong Activity: LunarCrush
Ethereum may have lagged behind its peer altcoins this bull season, but its rebound has been swift. Over the past week, ETH has climbed by nearly 10%, pushing its price above $3,600. In fact, LunarCrush’s latest analysis indicates that Ethereum is displaying “ultra strong” activity and even outshining numerous other assets in the market. Renewed Interest Sweeps Ethereum Ethereum even managed to secure 64th position in LunarCrush AltRank in terms of average social and market activity on Monday. Subsequently, Ethereum’s…
1 year ago
LunarCRUSH – Helping Investors Decipher the Social Media Buzz
LunarCRUSH operates as a social media analytics and aggregated research tool. The platform enables users to gauge previously tricky metrics such as public sentiment towards a project. The system simplifies the process through the introduction of a proprietary scoring system and more. LunarCRUSH continues to see growing popularity in the sector. As such, the network has expanded its efforts. Today, LunarCRUSH monitors over 30,000 links collected daily. These links span over 200 million social media posts and across +2,000 supported cryptocurrencies. How…
4 years ago
How to Use Santiment Tool to Develop a Trading Strategy
Cryptocurrency trading comes with a lot of uncertainties. Consequently, developers have developed tools to help crypto traders evaluate patterns in trading data. These analysis tools, such as Santiment, prevent traders from making investment decisions based on emotions. This article reviews the Santiment tool, one of the most excellent data analysis tools. The platform has been in use for years and has helped many traders understand crypto markets in depth. Additionally, with this tool, traders can apply the essential analysis concepts…
4 years ago