CoinRadar.AI: Accurate Cryptocurrency Social Media Rankings?
The cryptocurrency market is an ever-growing proposition, and each day, more and more digital coins are launched and developed to fulfill specific purposes within a world full of needs, requirements, and opportunities.
In the website coinradar.ai, we can see daily movements on some of the most prominent cryptocurrencies on the planet. The site shows a simple design and layout and classifies digital tokens, judging them by a combination of elements such as price, market cap, recent movement, Reddit and Twitter growth and a composited rating that takes into account social index rank and market cap rank.
The number one cryptocurrency in the ranking is Bitcoin, to the surprise of absolutely no one. Although it decreased 8.95%, it is comfortably the most valuable digital token at $8.812,95, and it experienced significant social media growth with an extra 861 on Reddit and 498 on Twitter. Bitcoin's market cap is $149.813.099.640.
In the second place appears Ethereum, a platform that has cemented its position as one of the best and most renowned in the industry. The ETH is worth $617.65 despite a near 10% drop. Ripple completes the podium, with a value of $0.795, but with a boatload of potential to grow in 2018. It experienced the most substantial Twitter growth among the top 10 cryptocurrencies, with 507 new followers.
The second most valuable cryptocurrency is Bitcoin Cash at $1.309,22, but it occupies the fifth spot in the composited ranking of Coinradar.ai. EOS is ranked number four, and the rest of the top 10 is completed by Tron, Monero, Neo, Cardano, and Stellar.
Binance Coin, currently the #13 digital token in the ranking, jumped 30 spots judging by the last classification. When we consider the most significant rise in price/value, we have 0x, with a jump of 24.81% to reach $5.64. It is currently the 24th cryptocurrency.
Pivx got heavily involved in social media, with a gain of 15.052 followers on Twitter. Bitcoin's 861 represented the most massive increase in the Reddit community.