Unleashing Social Insight for Crypto

By Robert Toriyama

4 min readNov 22, 2021

LunarCrush — Social Intelligence for Crypto

A cryptocurrency (or “crypto”) is a digital currency that is designed to work as a medium of exchange, with bitcoin being the most popularly known. The rise of bitcoin triggered the launch of hundreds of other cryptocurrencies, collectively referred to as altcoins.

Crypto-related topics and discussions are mostly shared on social media, and over the years it’s been established that social media impacts the prices of cryptocurrency both positively and negatively. In 2021 bitcoin’s price fell Friday morning after Elon Musk posted a tweet suggesting he’s fallen out of love with the world’s top cryptocurrency. Some in the crypto industry have criticized Musk in the past for his posts about digital currencies.

In recent times, meme coins have become more popular than Bitcoin, and these meme coins are mostly driven by social media. When influential users create waves on social media, this directly impacts the prices of cryptocurrencies, however, there are millions of different opinions shared every minute, so it’s difficult to know what to turn up and what to tune out.

LunarCrush is a social intelligence platform that’s designed to collect activity across social media for bitcoin, thousands of altcoins, crypto exchanges, influencers and more, in real-time. It gives you a shot at getting ahead of trending coins before they go mainstream.

LunarCrush Listen To Everything

The basic tools you need to understand

Galaxy Score
AltRank
Social Metrics
Alerts

Galaxy Score

The Galaxy Score measures how a coin is performing relative to its own past social and market performance. The score combines a variety of performance indicators across crypto markets and social channels.

Scores over 50 are bullish
Scores below 50 bearish

Depending on major upcoming events of coins on your watchlist, a bearish galaxy score presents a buy/hold opportunity. A bullish galaxy score means it can go either way, so it needs to be complemented with AltRank.

AltRank

AltRank measures a coin’s performance relative to the entire crypto market. The score combines altcoin price performance relative to Bitcoin with other social activity indicators across the crypto market. Coins that are trending on social media usually have higher Altrank, combined with a high galaxy score it can present a buying opportunity before it gets crowded.

The social metrics on LunarCrush can help you to track strong social activity for a coin just before it explodes.

Social Metrics

LunarCrush tracks social activity from multiple dimensions, and it’s designed to dive into what’s really going on across the crypto community. Important social metric to keep an eye on.

Social Volume
Social Engagement
Social Dominance

When a coin is on your watchlist, it’s important to keep an eye on the social metrics, when the social metrics is rising steadily, the price usually follow suit.

Alerts

Setting up alerts for coins on your watchlist allows you to take your eyes off the market while LunarCrush watches it for you. When certain triggers are activated you will receive updates in real-time. For example, before the 19 May 2021 crypto crash, some of my alerts on LunarCrush were triggered weeks before the crash. Also, before the new Bitcoin ATH in November 2021, my alerts were triggered in late October signifying a major move in the coming weeks.

It’s important to understand how to use some of the basic tools on LunarCrush, to help you realize your full investment potential, and get you to the moon before it gets crowded.

What we do at BandBindex

We realized the full potential of LunarCrush early on, that’s why we created an index that’s powered by LunarCrush. It analyzes Bearish and Bullish trends in the market and determines when to buy, take profit or be neutral. Sometimes accurate, the Bear and Bull Index index unleashes the massive potential of LunarCrush.