Bitior Teams Up with LunarCRUSH to Provide Social Media Analytics on Cryptocurrencies

USA - English

• USA - English

SANTA MONICA, Calif., June 7, 2019 /PRNewswire-PRWeb/ -- Bitior.com has revealed a new link-up that will give the site's users easy access to a wealth of analytical information on digital currencies.

They have teamed up with LunarCRUSH, who will be feeding Bitior their extensive range of social media analytics data. This partnership means that cryptocurrency traders can now fully understand matters such as the number of searches that have been undertaken for each token and how many articles have been written about a particular currency. Data is filtered and neatly presented so that it is easy to digest and act upon.

Sergey Nikitin, the CEO and Head of Technology at Bitior, pointed out that, "We believe that social media analytics is a much better indicator of market sentiment that technical analysis tools." He added that this addition further increases the usefulness of their site for speculators looking to, "Understand the potential and future value of any currency they have in mind."

Bitior will continue to offer their existing technical analysis features too, ensuring that their visitors get to see the full picture before making any decisions. Indeed, by bringing together a high level of analytical data and an easy to use trading format, this company believes that it allows newcomers and experienced traders alike to make better decisions with their money.

Traders visiting Bitior can now see a dedicated LunarCRUSH Galaxy Score noted for each of the diverse tokens that can be bought and sold on the site. This score is a combined measure of different, relevant factors and runs on a scale of zero to 100. They advise that they consider any figure about 50 to be bullish, while scores of under 50 would be classed as bearish.

This summary score is closely followed by a series of more richly detailed social media analytics, shown to the user in the form of a simple to understand graph. This shows the token's recent trajectory over a series of crucial areas such as popular tweets, Reddit comments, and social score.

About Bitior

Bitior is a leading name in the cryptocurrency space, with the team having forged their reputation as innovators thanks to the launch of the xCoins.io peer-to-peer Bitcoin lending platform in 2016. Their current emphasis is on helping cryptocurrencies to gain further mainstream appeal by making it easier for anyone to buy, sell, and own them.

SOURCE Bitior