Home Reviews Altcoin Projects 4 Things You Need to Know About LunarCrush

4 Things You Need to Know About LunarCrush

LunarCrush is a data cruncher for social media. It collects information on crypto, NFTs, and also stocks. Here is the lowdown.

4 things you must know about lunarcrush

DYOR may be something you heard since you entered the crypto space. It means “do your own research.” We can’t stress enough how important this is. Before you invest in a project, DYOR. LunarCrush can help you with this. They crunch the numbers for you.

LunarCrush turns dry info into actionable intelligence. This allows us to make sense out of the numbers. It also saves you tons of time. So, let’s have a look how LunarCrush can help you.

What Is LunarCrush?

LunarCrush collects data about crypto and NFTs. It does this on social media and from market activity. Recently, the platform also added stocks. It is a real data cruncher, and the platform uses artificial intelligence (AI) for this. Although, they call it social intelligence.

They collect over two million posts per day. An amount that we as humans couldn’t handle. Let alone, make sense out of it and put into a readable format. This is precisely what makes them so valuable. Scraping through all the information out there and analyzing it. Once they complete that, they deliver it in a variety of metrics. LunarCrush filters out all the noise for you. See the picture below that shows the Ethereum metrics just two hours before The Merge is to happen.

In box one, you see popular metrics. For example, the internal LunarCrush ranking by means of the Galaxy Score. There’s also the AltRank. Two metrics, trademarked by LunarCrush. You need to reach a higher level than my current level, 1, to read them. They have up to five levels. You can level up by being active on the platform. On the other hand, you can also buy LUNR and reach level 2, 3, 4, or 5 that way.

However, if you move the page further down, there are loads of other metrics that show up. For instance, top influencers or top pairings. What’s more, you can get similar metrics for NFTs and stocks.

LunarCrush

Source: LunarCrush website

What Is the LunarCrush Token?

LunarCrush has its own utility token, LUNR. On the platform, you can earn this token as a reward. It’s also for sale at some major CEXes and DEXes. 

LunarCrush is changing the media and data landscape. LUNR helps them with this. Facebook, Twitter, and other social media platforms view users as a means to increase profit. This is in contrast to LunarCrush, who views us, the users, as fuel for their platform. That’s why you get rewards in LUNR. The picture below shows that today, I gained 24 points and 0.03638 LUNR as rewards. Just browsing the site and interacting as research for this article.

LunarCrush
Source: LunarCrush website

LUNR is a Zilliqa ZRC-2 token, but is also available as an ERC-20 token. This makes it compatible to operate on two different blockchains. You can also buy LUNR and upgrade your level in LunarCrush.

What Is the LunarCrush App?

LunarCrush is available as a website and as an app on your mobile phone. It runs both on Android and iOS. A desktop app is in the making.

The LunarCrush app comes as close as possible to the website version. However, due to size restrictions, there may be some design differences. Functionality is the same between all platforms. LunarCrush claims that their platform runs on 90% of all devices and operating systems.

What Is the LunarCrush API?

In August 2022, LunarCrush launched the API v3.0. This made it easier for developers. It also increased the user experience. With the new API, you can now access and track the following information:

  • Almost 4,000 cryptocurrencies.
  • Close to 400 NFT collections.
  • 95 stocks.

LunarCrush has 2.62 million users on the new API. Furthermore, they collect 117.28K opinions per day. On top of all this, they also collect 2.06 million posts per day. As a result, the platform can reach a wider audience. In turn, more people can access their data stream. Their API helps you with a few things. For example:

  • Various trading signals. This eases your decision-making process.
  • Real-time news.
  • Track various communities.
  • Offer more options for your research and data analysis.

You can visit our extensive article on the LunarCrush API v3.0.

CoinGecko tells us that today’s price for LUNR is $0.055818. The market cap is only $4.1 million. The max supply is 250 million LUNR, and 73 million already circulate. You can buy LUNR at Gate.io, Huobi Global, or MEXC Global. It’s also available on PancakeSwap and Uniswap.

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