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Tag: Solume

Why Social Volume is a Great Metric to Measure When Gauging a Crypto’s Performance

Category: Altcoins, Blockchain, Commentary, Cryptocurrency Market Outlook, Finance, News

Why Social Volume is a Great Metric to Measure When Gauging a Crypto’s Performance

Investors should use social volume as a metric to measure a cryptocurrency’s performance since public debate concerning cryptocurrencies tends to occur on social media platforms like Twitter, Reddit, and Facebook. As an “instrument of the 21st century, [cryptocurrencies]… are publicly debated, discussed, marketed, pumped, and dumped on social media,” said Amir Feder, chief data scientist of Solume, on a Medium…

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