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Author Topic: The impact of social networks on crypto market  (Read 6396 times)

Offline Bobcrypto

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Re: The impact of social networks on crypto market
« Reply #15 on: July 10, 2020, 11:39:25 AM »
Dogecoin is great project with huge market potential any day. This project, as most of us know started as meme coin but has become a good house hold name on the crypto community. The team of the doge project has been wonderful with high experience, a reason  there has been unprecedented growths even on various social media platforms. Dogecoin will hit the moon.

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Re: The impact of social networks on crypto market
« Reply #15 on: July 10, 2020, 11:39:25 AM »

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Offline KKH84

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Re: The impact of social networks on crypto market
« Reply #16 on: July 10, 2020, 11:39:40 AM »
It is undeniable that social networks have the influence to increase or decrease the price of crypto on the exchange, through the prediction and analysis of "crypto experts", including the current rise in Doge prices.  In my opinion, social media is like a link that is connected to one another.

Offline Keelin

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Re: The impact of social networks on crypto market
« Reply #17 on: August 12, 2020, 06:53:22 PM »
Social media has the ability to influence every stage of a consumer's online buying journey, from information retrieval, to purchase selection and ultimately post-purchase feedback. In other words, any cryptocurrency that works effectively on the social network will increase the likelihood of bringing in a large number of new customers from the social network.

Offline Ganesa99

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Re: The impact of social networks on crypto market
« Reply #18 on: August 12, 2020, 06:55:07 PM »
It can be seen that social networks are deeply influencing the activities of the cryptocurrency market. The profits this platform delivers to the industry as a whole is extremely large in terms of customer conversion rates. This is why social media flourished as a series of companies large and small entered the race.

Offline Thalassaya

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Re: The impact of social networks on crypto market
« Reply #19 on: August 12, 2020, 06:59:31 PM »
We can see that social media helps promote the crypto market, it gives us more information about cryptocurrencies and helps more people to know this market.

Offline fammy

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Re: The impact of social networks on crypto market
« Reply #20 on: August 13, 2020, 11:14:38 AM »
I would say that maximizing the use of social media can really help different and new projects may help them to reach the success of their ICO. Also, it can help them give idea to all the people who are using the social media platform to better know cryptocurrencies and how it works for all the crypto enthuasiasts.

Offline Ganesa99

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Re: The impact of social networks on crypto market
« Reply #21 on: August 13, 2020, 03:10:49 PM »
MXH is an information system that provides the community of network users with services to store, provide, use, search, share and exchange information with each other. This is a good medium for the crypto market

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Re: The impact of social networks on crypto market
« Reply #21 on: August 13, 2020, 03:10:49 PM »


Offline Thalassaya

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Re: The impact of social networks on crypto market
« Reply #22 on: August 13, 2020, 03:14:04 PM »
MXH can be considered as a kind of virtual community, which includes many different online communities to satisfy the physical and spiritual needs of human. Some communities such as Facebook, Youtube, Zalo ... attract a large number of participants, playing an increasingly important role in social life. hence it has both positive and negative effects on the cryptocurrency market

Offline Seerge

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Re: The impact of social networks on crypto market
« Reply #23 on: August 13, 2020, 03:19:00 PM »
People saw that Doge had a price that could potentially go up, so many people were buying Doge in very large quantities. This is what makes Doge's price increase quite high behind the viral Tiktok video some time ago. Tiktok, which is a large social media platform, has provided useful information for investors around the world.

Offline Hope4life

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Re: The impact of social networks on crypto market
« Reply #24 on: August 13, 2020, 11:45:46 PM »
Actually, some pumps are caused by social media, it can be categorized as two things, namely FOMO and Good News. People will buy coins if they have good news.

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Re: The impact of social networks on crypto market
« Reply #25 on: August 14, 2020, 01:13:10 AM »
impact of social media is quite large on a crypto market we can know all about news information about crypto at the moment is price up and down and trend, and we can see enthusiast crypto use social media to get more valuable news and for all new trader get more lesson to in social media .

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Re: The impact of social networks on crypto market
« Reply #26 on: December 24, 2021, 05:25:44 PM »
We see that social media is very often used to advertise cryptocurrencies. Earlier in bounty campaigns, when new projects carried out their ICO, the main importance was attached to signature campaigns, that is, advertising both on this and on other specialized forums. Now the main focus is on social networks, subscription campaigns are already very rare, often they are not provided at all.

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Re: The impact of social networks on crypto market
« Reply #27 on: December 24, 2021, 05:38:14 PM »
We all know that how much impact social media can do on this crypto platform. Specially i wanna mention about the twiiter. Its a huge platform for crypto to publish the latest news regarding crypto. You can get that if you search the influencer idea how much affect its actually doing on it and the price are following it. We all know that what elon musk did by his twitter he just bring the Dogecoin to the moon. So that we can easily understand how much role it can play on crypto.
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Offline Anonylz

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Re: The impact of social networks on crypto market
« Reply #28 on: December 24, 2021, 05:39:02 PM »
Perhaps many people are aware of the recent DOGE coin boom thanks to promotion through videos on the TikTok platform. This is unexpected, because even Twitter is unlikely to do this when their CEO is a crypto advocate, and Facebook is still struggling with their Libra project.


What do you think about the statement of Anil Lulla, former analyst at Bloomberg and co-founder of cryptocurrency research firm Delphi Digital:

“The recent rise of dogecoin, a meme coin, should serve as a reminder to everyone in the space that the most popular use case for crypto is still purely speculation,”

Dogecoin Volumes Spike 1,900% in 2 Days Amid Viral TikTok Videos

Is all of the more than $250 billion worth of crypto markets at this point just the value of our expectations & communication efforts? Can social platforms as TikTok, Twitter, Reddit, Facebook easily manipulate our crypto market?

I don't get it, were they talking about Dogecoin, or was it about Shiba Inu because the last time I checked, these were two different cryptocurrencies projects even though they both have a Doggy pic.

 
We see that social media is very often used to advertise cryptocurrencies. Earlier in bounty campaigns, when new projects carried out their ICO, the main importance was attached to signature campaigns, that is, advertising both on this and on other specialized forums. Now the main focus is on social networks, subscription campaigns are already very rare, often they are not provided at all.

I totally agree with you. I believe that most new crypto project owners realize that the social medial campaign reaches more people than what the signature would and even if there is a signature part for any campaign now, it usually carries a lesser percentage of the bounty. True social media is a strong tool for advertising now.



Offline pacar_tiri

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Re: The impact of social networks on crypto market
« Reply #29 on: March 16, 2022, 02:28:29 PM »
We all know that how much impact social media can do on this crypto platform. Specially i wanna mention about the twiiter. Its a huge platform for crypto to publish the latest news regarding crypto. You can get that if you search the influencer idea how much affect its actually doing on it and the price are following it. We all know that what elon musk did by his twitter he just bring the Dogecoin to the moon. So that we can easily understand how much role it can play on crypto.

That's true, social network has big effect for crypto market if being tweeted by famous person like Elon musk.
Dogecoin pump because Elon musk tweet
Crypto investors and traders always follow the news update and read the famous person tweet.
That's the fact..


 

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