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In a 2023 crypto sentiment report, it emerged that on Reddit, 84% of discussions about cryptocurrencies are positive.  In general, it seems that the resilience of cryptocurrencies this year has fascinated many investors, technologists, and decentralized finance enthusiasts.  Crypto Sentiment 2023: Reddit reveals positive outlook from its members  The latest report on crypto online sentiment for 2023 by CoinWire and Storible shows a positive overall result. In fact, in the introduction, it is stated that the crypto resilience of this year has fascinated many investors, technologists, and decentralized finance enthusiasts. In practice, the report analyzed the lively discussions on online forums, the engagements on social media, and the reflections transmitted by the main journalistic outlets regarding cryptocurrencies.  And indeed, by using the Natural Language Toolkit (NLTK) library in Python, the report calculated cumulative scores for positive, negative, and neutral sentiments in each tweet, post, and article. In the specific case of Reddit, for example, it has been calculated that 84% of discussions about cryptocurrencies are positive for 2023. The platform’s user members are therefore enthusiastic about crypto and reveal positive prospects.  As for X (formerly Twitter), the analysis reveals that over 65% of tweets about cryptocurrencies have a positive sentiment.  Specifically, it is the United Kingdom leading the ranking of countries supporting crypto, with over 72% of positive crypto tweets. On the other hand, Argentina seems to be the last country supporting crypto on Twitter, with 67% of crypto tweets leaning towards the negative.  Crypto Sentiment 2023: analysis on every coin Considering, instead, the crypto sentiment 2023 for each coin, it is possible to draw up a ranking based on the percentages of positivity.  And indeed, the report reveals that the most positive discussions on social media are about Tether (USDT), Solana, and Uniswap, with 88% of positive scores. Following,…

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Filed under: News - @ December 26, 2023 7:12 am