NEW METHODS FOR ANALYZING CRYPTOMARKET DEVELOPMENT

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Social networks helping study cryptomarket.The analysis carried out with the help of the bot of Crypto Watson project showed that the most mentioned cryptocurrencies on Twitter are the following: Bitcoin, Waves, Ethereum and Ripple. Bitcoin is mentioned on Twitter on average of more than 3000 times per hour, Waves — almost one and a half thousand, Ethereum — 1,407 and Ripple — a little bit more than one thousand. Basically, the number of requests depends on the amount of news about cryptocurrencies. The development of the crypto industry requires the development and implementation of innovative approaches for analysis and working with transactions in the digital field, as well as the expansion of information processing areas.

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