Crypto Sentiment Analysis: Top 9 coins for week of May 13

Screen Shot 2018-05-13 at 9.53.58 PM.png

This is a gambler's type of week.

On the one hand, you have $BTC, which has been anything but stable for the last two weeks. It's taken the alts on quite a ride, generally down.

On the other, you have Consensus, the New York City crypto conference that begins tomorrow with a record shattering attendance expected. It's always a hotbed of news and rumors, and that has the attention of some of the 40 influencers and traders I analyze.

For those of you joining us for the first time, here's what this is. I scrape the social media accounts of the aforementioned folks and run sentiment analysis on all of the coins or tokens they mention. This week, I gathered data on 177 coins and 651 separate mentions.

I then run a blind analysis to rank the coins by their power rating, which is simply positive mentions minus negative mentions and post the results here. I've also started posting news items that could affect the price in the coming week. #1 this week has a big old asterisk next to it for precisely this reason.

All news is from CoinMarketCal.com, unless otherwise noted.

Two new things this week. I'm going to be posting a look at $BTC, since so much depends on it. I'll also be noting how long a coin has been on the weekly charts, if it's been there for multiple weeks.

Let's start with a look at the big boy first.

$BTC

Plot 1757.png

This is why this week is a gamble. Bitcoin has been anything but reliable the last two weeks, swinging up and more recently down pretty wildly. History has shown us that, generally, that's not great for the alts.

Cumulative sentiment for $BTC last week was a -17, which is significantly bearish. You can certainly argue that this weekend was better and Consensus could turn into a bullish catalyst as in years past. And it could! Just don't completely wipe out recent history from your mind when looking to previous years to make a decision.

Let's get to the top 9. Quick note: No news items this week. Everybody is at Consensus, so I'm sure stuff will be coming back, but there's nothing on CoinMarketCal worth noting.

The Top 9 Alts

7. (tie) $XVG


7XVG.png

7. (tie) $EOS


7EOS.png

7. (tie) $CAZ


7CAZ.png

6. $ARK


6ARK.png

5. $SS — 2nd week, 6th last week


5SS.png

4. $ZIL — 2nd week, 6th last week


4ZIL.png

3. $ZRX — 2nd week, 3rd last week


3ZRX.png

2. $ICX — 5th week, 1st last week


2ICX.png

1. $OCN*** — 7th week, 1st last week

1OCN1.png

*** Alright, so this requires a note. Earlier today, the long awaited details of $OCN's 1:1 airdrop released, receiving mixed results from the influencers. More importantly, $OCN tanked about 40% in approximately 14 seconds. If you're reading this now, this has already happened.

The argument can, and has, been made, that this is a good buying opportunity. But I wanted to place that caveat here.

Everything

As always, here is all the data I collected this week.

CoinPositiveNeutralNegativeTotal MentionsPower
ADA51283
ADH0011-1
AE10011
AION20022
AKA50055
ALQO10011
AMB10120
ANT10011
APH10011
APR10011
ARDR20022
ARK80088
AST10011
AUC10011
AUM10011
AURA0011-1
BAC10011
BANCA01010
BAT22042
BBK10001010
BBN10011
BBO10011
BCH31261
BCN1179-6
BCO20022
BCPT10011
BIS10011
BITG10011
BLZ10120
BNB21141
BSM10011
BTC342351108-17
BTM10011
BTS10011
BTX0011-1
CAZ60066
CLOAK10011
CND10011
CNN20022
COLX10120
CS10011
CTRL10011
CVS10011
CXO10011
DCR10011
DERO10011
DEV30033
DGB0011-1
DIG20022
DNT20022
DRGN40044
DRV10011
ELEC01010
ELF21032
ENG01010
EOS943166
ESP20022
ETC21032
ETH1148233
EVE10011
EXP10120
FCT01010
FOR10011
GAME20022
GBX20022
GIN10011
GVT40153
HEXX10011
HKN30142
HOT30033
HXX30033
ICX17122015
IGNIS10011
INXT40044
IOP10011
IOST20022
IOTA1236-2
IPBC10011
KAZE20022
KIN20022
KLKS10011
KMD20131
KRL30033
LEND40044
LEV10011
LGO10011
LINDA30033
LOOM32053
LRC0011-1
LTC78924-2
LUN30142
LUX20022
MAN40044
MANA01010
MCO10011
MONK10011
MSP10011
MWAT30033
NANO604102
NEBL41054
NEO60175
NEXO10011
NKN10011
NLX30033
NULS10011
OCN21102221
OMG11021
ONT0011-1
OPC20022
PARETO0011-1
PHR20022
PIRL10011
PIXV10011
POA20022
POE31152
POLY20022
POWR10011
PPT01010
PROC10011
PURE20022
QASH10011
QSP21032
RAIN10011
RBY10011
REP10011
RLC10011
RPX10011
SALT20022
SC10011
SCT20022
SENT20022
SHIFT10011
SKY21032
SNAP0011-1
SNM30033
SNT10011
SPHTX30033
SS90099
STK10011
STORM50055
STQ10011
STRAT2046-2
SUB10120
TEL10011
TKY10011
TNB10011
TOMO20022
TPAY10011
TRAC30033
TRX834154
UBQ10011
UKG10011
UP10011
UPP10011
VEN30033
WAN1124-1
WAVES60175
WAX10011
WISH10011
WPR20022
WTC01010
XHV10011
XLM11130
XMR21032
XMY10011
XPM0011-1
XRH40044
XRP614112
XVG721106
XZC10011
YCE10011
ZCL10011
ZCO10011
ZEBI10011
ZEC20131
ZIL11101211
ZPT20022
ZRX15422113

The Influencers

@MagicPoopCannon@CarpeNoctum@CryptoChoe
@Crypto_Ed_NL@Panama_TJ@CryptoDonAlt
@CryptoHornHairs@CryptoYoda1338@Pacoiin
@cryptoSqueeze@CryptoGat@CryptoTutor
@Haejin_Crypto@Anbessa100@davidgokhshtein
@Crypto_Rand@Crypto_Capone@Socal_Crypto
@CryptoCred@whatbitcoindid@BigCheds
@VentureCoinist@BigChonis@RektCapital
@tehMoonwalker@notsofast@CryptOrca
@TheCryptoMonk@TheBlond82@CryptoWildWest
@HonestlyCrypto@crypto_birb@JewKorean
@cryptostaker@cryptomocho@cryptocobain
@CryptoTutor@CryptoMichNL@CryptoBulld0g

Who am I?

I'm an investigative data journalist during the day, and I've been looking for a way to cut through the noise and get a true sense of what some of the biggest crypto influencers are pushing toward and pulling away from.

Using a pseudonym here because I can't post about this shit on my verified accounts. I've become mildly obsessed with crypto and its constant stream of data and needed an outlet. So here I am.

What is this?

Each week, I scrape the Twitter accounts of some of the crypto world's favorite influencers, traders and TA folk. I run a basic sentiment analysis to see which coins they are mentioning positively, in a neutral way and which they are mentioning in a negative light.

I calculate "power" simply by subtracting negative mentions from positive ones to give an aggregate score. The higher the score, the better, the lower the worse. For the daily rankings, I also create aggregate scores for the majors and the Alt markets. The Alts get a 10 point deduction any time the majors go below zero, since overall the Alt-market has a tough time staying above water when BTC is in a spiral.

This isn't financial advice, just my own way of trying to make sense of what's out there. And as with most things, the more data I collect, hopefully, the more interesting it'll be. This is a work in progress. Please leave suggestions on how to make it better. I imagine if I keep up with it, I'll be able to expand a bunch of the analysis, but I wanted to start somewhere.

Sort:  

Excellent work, thanks for the information !

@therealwolf 's created platform smartsteem scammed my post this morning (mothersday) that was supposed to be for an Abused Childrens Charity. Dude literally stole from abused children that don't have mothers ... on mothersday.

https://steemit.com/steemit/@prometheusrisen/beware-of-smartsteem-scam

Thank you. This is interesting..good work.