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Weekly sentiments on r/CryptoCurrency: ( Nov 15 - Nov 21)


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Weekly summary:

  • BTC is standing strong at 1st spot this week too with recent dip in prices however the prices haven't changed much since last week.

  • CRO is trending at the second spot this week with massive increase in comments and posts discussing CRO.

  • ETH is positioned itself at 3rd spot on this sub's sentiment this week.

  • LRC is trending at 4th spot and seeing a pullback in prices by 5.75%.

  • ALGO is at 5th spot and a seeing a small decrease in bullish sentiments in this sub.

  • ADA is trending at 6th spot this week with major pullback in bullish sentiments.

  • ONE is holding 7th spot this week with higher ratio of bullish sentiments, however it has seen a correction of 11% since last week.

  • DOT has lost one spot since last week and now trending at 8th spot.

  • AVAX is a new addition to the top 10 list and its trending at 9th spot. AVAX is also seeing a rally in prices with 18.53% rise since last week.

  • SOL is having its week in this sub with several posts criticizing the centralization while many other defending its tech. Overall, it has made itself to the top 10 list with bullish to bearish ratio being approximately 2:1.

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Low Cap Radar:

bZx protocol (BZRX) is multi-chain protocol for tokenized margin trading and lending. BZRX protocol currently offer two products "Fulcrum" and "Torque". Fulcrum is a DeFi margin lending and trading platform. Torque is a platform offering indefinite-term loans with fixed interest rates. BZRX ecosystem includes "DeFi Saver" ( a management solution for decentralized finance protocols), "Staked" (platform for institutional investors), Dexwallet, Betoken, eidoo, AlphaWallet, Idle, defiprotocol, paraswap, TOTLE and DeFiZap. Currently bZx protocol supports ETH, BSC and Polygon chains for both trading and lending. Currently BZRX is trading at $0.301378 with total market cap of $103,047,896. Total locked value (TVL) sits at $19,852,145 with TVL ratio of 21.14. Total supply is coded at $1,030,000,000 and total circulating supply is at $347,658,269.

As it goes for any project, invest with caution and DYOR.

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Samuel_cc
Samuel_cc

Data Scientist who loves doing the sentiment and data analysis of cryptocurrencies on social media. I like checking out new crypto projects and their use cases.


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Reddit_Sentiment_Analysis

This blog will publish weekly updates on the cryptocurrencies sentiments at different subreddits. In the beginning the blog will follow r/CryptoCurrency and integrate other popular subreddits as per reader's requests

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