Crypto Power Rankings: Top 15 coins/tokens heading into April

in cryptocurrency •  7 years ago 

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Welcome to the first monthly crypto influencer power rankings, where we analyze everything a cohort of 25 of the top crypto influencers and traders said last month, and hopefully, get a better sense of what currencies and tokens people are high on heading into April.

If you're new here, this is what this is and what it isn't. Every day since early-to-mid March, I've scraped the Twitter accounts of 25 of the top crypto traders and influencers (list at bottom) and noted every time they said a positive, neutral or negative thing about any coin. I try to toss out anything that isn't forward looking, so no comments on what a chart is doing at that moment. All told, I've tracked more than 150 coins and documented more than 1,100 sentiments.

I then take that and calculate "power" by subtracting the number of negative sentiments from positive sentiments. If a coin is net positive, it'll have a higher figure. If it's in the shitter, it'll be negative. The hope is this brings a bit of clarity to what is a heap of noise on social media from a lot of people.

What this isn't: Financial advice. I'm a data reporter by trade (read more about me at the bottom) and I'm just trying to make sense of this myself. It's a work in progress and will continue to be, but I can already see some value to it, at least in terms of how I approach trading.

We all have biases and favorites and see what we want to believe at times. I'm no different. Data is just a way to eliminate at least some of that.

With that, here are the top rated coins from March! The charts show the power ranking, and how it changed during the portion of the month I tracked. Hopefully, we'll have far more detailed charts for April. The full list of all coins I tracked is at the bottom.

11. (tie) $POE: +6

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11. (tie) $NEO: +6

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11. (tie) $LEND: +6

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11. (tie) $ENG: +6

Plot 1654 (1).png

11. (tie) $DRGN: +6

DRGN.png

10. $XLM: +8

XLM.png

8. (tie) $NCASH: +11

NCASH.png

8. (tie) $ADA: +11

ADA.png

5. (tie) $OCN: +13

OCN.png

5. (tie) $LTC: +13

LTC.png

5. (tie) $ICX: +13

ICX.png

4. $EOS: +14

EOS.png

3. $ZRX: +17

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2. $XVG: +18

XVG.png

1. $TRX: +23

TRX.png

I gotta say, I was surprised by this. Since I got into this game, it seems like major traders trash $TRX every chance they can, despite its popularity. But it made a big run and has a lot of promising stuff on the schedule in the short-term. It was enough to not only have people talking, but people talking positively. The combo of volume and positive feedback is what lands Tron on top of our first monthly ranking.

Everything

Here's the full list of all the coins I tracked this month.

CoinPositiveNeutralNegativeTotal MentionsPower
ADA16252311
ADH20022
ADX10011
AE20022
AGRS10011
AION51392
AIR10011
ALQO20022
APPC30033
ARK20022
ARX0011-1
AST50164
BAT30033
BCD10011
BCH1034-2
BIS10011
BITG10011
BLK10011
BLOCK10011
BNB50382
BRD10011
BTC12856137321-9
CANN10011
CMT10011
CND30033
CTRL30033
CV10011
CVC01010
CXO10011
DASH0044-4
DCN0011-1
DCR10011
DGB21032
DGD30142
DJI0011-1
DMD10011
DML10011
DMT0011-1
DNT1236-2
DOGE10011
DOVU10011
DRGN60066
DTA40153
EDG10120
ELA10011
ELF30033
ELLA10120
ENG70186
ENJ10011
EOS15111714
ETC1023-1
ETH2172755-6
FCT10011
FIX30033
FUN30033
GBYTE20022
GIN10011
GNO10011
GP10011
GTO10011
GVT40153
HKN20022
ICX19763213
INS01010
INT10011
IOST815143
IOTA1023-1
IPBC10011
ITC30142
KIK10011
KMD10011
LBC31261
LBRY10011
LCX10011
LEND60066
LIFE30033
LINK20022
LSK1023-1
LTC59244612913
LUN10011
LUX10011
MAID0011-1
MAN30033
MANA30142
MCO03030
MNX20022
MSP20022
MTH01010
MTL40262
MUE10011
NANO41510-1
NAV20131
NCASH12111411
NEBL30251
NEO1125186
OCN14111613
OMG21141
OST21141
PIVX10011
PKB10011
POA11021
POE913136
POSW0011-1
QTUM51174
RCA30033
RDD10011
REBL10011
REP10011
REQ10011
RVC20022
RVN50164
SALT10011
SC51283
SENT40044
SKY10011
SMART10011
SRN0011-1
STEEM30142
STORJ10011
STORM713114
STRAT40262
SUB51174
SYS20022
TEL20022
TFD20022
TIM20022
TIME0011-1
TRAC30033
TRI10011
TRX354125123
VEN712105
VERI10011
VET0011-1
VIBE10011
WABI20022
WAN3047-1
WAVES60175
WTC22260
XBY10011
XEM14160
XFE10011
XLM1214178
XMR2035-1
XPTX10011
XRB10011
XRP70916-2
XVG22342918
XZC0011-1
ZCL10011
ZEC31043
ZEN10011
ZIL10011
ZRX21442917

The Influencers

@MagicPoopCannon@CryptoKevyn@CryptoChoe@CryptoCred@whatbitcoindid
@Crypto_Ed_NL@cryptoWalk3r@CryptoDonAlt@VentureCoinist@360_trader
@CryptoHornHairs@CryptoYoda1338@Pacoiin@tehMoonwalker@notsofast
@cryptoSqueeze@AngeloBTC@CryptoTutor@TheCryptoMonk@TheBlond82
@Haejin_Crypto@Anbessa100@davidgokhshtein@BigCheds@CryptOrca

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.

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Thank you for not slating TRX like most! Cheers J #CryptoRising

Data doesn't lie. $TRX is #1 because folks with big followings believe in it. That's the hope for this little project of mine: Eliminate the noise and pull out the true signal.