Pricing Academy
Log in
insight thumbnail

Peak Hype: Backtesting the impact of social media on cryptocurrencies (Weekly Pro report)

@Ibis
1 min read
06.02.2021
STRATEGIES/ALPHA

About 9 months ago, we published a study titled ‘Peak Hype: Timing cryptocurrency tops with social media data’, in which we explored the untapped alpha found in day-to-day cryptocurrency chatter.


Given the madness that’s been the crypto market in 2020, we felt like this study warrants a major refresher.


In this 2021 update, we’ll be backtesting two of our most popular social metrics:


  1. 1. Social Trends, and
  2. 2. Weighted Social Sentiment

...and their impact on the short and mid-term performance of hundreds of different cryptocurrencies.


Without further ado:


1. Social Trends


As you may know, Santiments gather a massive amount of information from crypto social media.


On a daily basis, our servers collect and parse tens of thousands of incoming messages from 1000+ social channels dedicated to cryptocurrencies. This includes Telegram groups, crypto subreddits, vetted twitter accounts, professional

We are using cookies to improve your experience!

By clicking “Allow all”, you agree to use of all cookies. Visit our Cookies Policy to learn more.