On June 17th, a cryptocurrency analytics company, called Crypto Metrics, partnered up with the Social Media Analytics team, in order to provide a specific feed that will calculate the overall sentiment towards the market based off of social media posts on Twitter.
The new implementation is tailored towards supporting crypto traders in structuring their trading strategies according to what the social media “trend” is at that time for cryptos.
As it’s already known that cryptos very often react to the smallest of tweets from influential people in the market, it’s going to be a great addition to the tool arsenal.
Unfortunately, the service will only target Twitter in its infancy, as the CEO said they are not even considering integrating Facebook, which is understandable. Read More at Cryptopolitan...