LunarCrush is a platform that helps you with social intelligence. It can help you find the next project that will go 10x or more. If you haven’t used it yet, it’s time to look it up. Now LunarCrush adds NFTs to their portfolio.
This makes them even more useful than they already are. Time to take a look at what LunarCrush and NFTs are all about.
What is LunarCrush?
LunarCrush crunches social media and spits it out in an orderly fashion. Nice, hand-sized bites, that are easy to digest. They analyze data from a wide variety of social media channels. As a result, they present you with highly valuable information.
They dissect projects with data from social channels. The current social media world is far too big. You simply can’t keep track of everything that is going on. That’s where LunarCrush comes to the rescue. They have the means to distill all those millions of pieces of information into a handy channel.
They are already organizing and offering this for instance for.
- Bitcoin.
- Thousands of altcoins.
- CEXs and DEXs.
- Influencers.
The information they collect comes from over 150,000 posts per day. This equals analyzing over 20,000 links per day. The way they process their information is with machine learning. They use algorithms to get the best results. This is an AI application.
The metrics that roll out of all this information are easy to find and to digest. It gives you a head start in the crypto space. You’re always one step ahead. LunarCrush gives you the latest and most up-to-date social information at your fingertips. If you like to find out how their metrics work, look at this in-depth blog article by LunarCrush.
LunarCrush is now bringing social intelligence to NFTs!
Harness the power of the community to gain insights into the state of the #NFT market.
Learn more at https://t.co/KP0Xrp1DUU.
Get NFT intelligence now at https://t.co/uu6btWuvwU.#NFTs🚀 pic.twitter.com/0VntayL1Kf
— LunarCrush (@LunarCrush) June 1, 2022
LunarCrush Adds NFTs
The latest addition to the LunarCrush metrics are NFTs. Over the last two years, the impact and popularity of NFTs have only increased. They also have a wide variety of use cases. However, for collecting NFTs, there was never a good source of combined social media info. LunarCrush is changing this with their NFT platform.
NFTs are not only stand-alone and unique pieces of code. Not at all. LunarCrush sees them as an important part of their NFT communities. As a matter of fact, they are strong believers in healthy communities. They foresee a different looking future for NFTs.
In this future, it is not only essential what NFT you are laying your eyes on. A lot more weight has the community behind the NFT project. For example, ask yourself these questions.
- What do they stand for?
- Which values do they have?
- Are there any assets they own?
- Do they have a mission?
- Who is part of this community?
LunarCrush will now showcase each community. Most importantly, they have the right tools to do so. They are great at distilling signals from the noise that surrounds crypto projects. Now they can and will do the same for NFT projects.
Some metrics you can track are.
- Social mentions.
- Sentiment.
- Trending news.
- Top influencers for your favorite NFT projects.
The beauty of this is that you can do this on just one platform. Find out about the overall social presence of a project. This is the most important variable. Find those successful communities before they take off.
You also have an advantage as a creator. The platform allows you to find out how other successful collections mastered their presence. You can learn from this and build on it.
Source: LunarCrush
What Are the LunarCrush Unique Metrics?
LunarCrush dives deeper into NFT projects related metrics. These metrics are unique and only available at LunarCrush.
- The Galaxy Score™
For each collection, they look at its strength. How it performs against itself over time. With a 1-100 score, it combines historical and market activity.
- LunarCrush NFT Rank™
Furthermore, with LunarCrush NFT Rank™, the platform looks at each individual collection. However, they look beyond that as well. For all collections they track, they can tell you which one is currently the strongest project.
It shows you how individual performances relate to all the other collections. Furthermore, they do this in real time. In the meantime, they also provide a historical time frame. So you can understand how a collection performed historically.
Conclusion
LunarCrush compiles all kinds of social media information. So far, only for cryptocurrencies, but that just changed. They recently added NFTs to their platform. This allows you to find all kinds of useful social media info on a variety of NFT projects.
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