Rekt Frens Documentation
  • ๐Ÿธ Introduction to Rekt Frens
  • ๐Ÿ™‚ Anti-Fragile Community
  • Overview
    • ๐Ÿ“„ What is ERC-404
    • ๐Ÿ“œ What is DN-404
    • ๐Ÿ‘ Benefits of DN-404
  • FRENS Token
    • ๐Ÿง  FRENS Usecase
    • ๐Ÿ“ˆ FRENS Tokenomics
    • ๐Ÿ’ก NFT Usecase
    • ๐Ÿ“Š NFT Tokenomics
    • ๐Ÿ”„ Arbitrage Opportunities
  • Treasury
    • ๐Ÿ’ฐ Community Treasury
    • โš™๏ธ Treasury Mechanics
    • ๐Ÿค‘ Revenue Share
    • ๐Ÿ›’ Buybacks
  • Investment Strategy
    • โ†ช๏ธ Crypto Market Cycles
    • โคด๏ธ Altcoin Indicator
    • ๐Ÿ’Ž NFT Volume
    • ๐ŸŒ Social Media Charts
    • ๐Ÿšฆ Entry / Exit Signals
  • Community
    • ๐Ÿ™‹โ€โ™‚๏ธ X
    • ๐Ÿ“บ YouTube Channel
    • ๐Ÿ‘พ Discord Server
    • ๐ŸŒŒ Galxe Campaigns
  • Psychology
    • ๐Ÿ Herding Effect
    • ๐Ÿ˜“ Loss Aversion
    • ๐Ÿคช Overconfidence
    • ๐Ÿ˜ต Confirmation Bias
    • ๐Ÿ™ˆ Availability Heuristic
  • Sources
    • ๐ŸŽฏ Into The Cryptoverse
    • ๐Ÿฒ Black Dragon
    • ๐Ÿ’ช 1000x Group
    • ๐Ÿ’ฒ Dollar Vigilante
    • โ‚ฟ Crypto Vigilante
    • ๐Ÿ™‹โ€โ™‚๏ธ Crypto ๐•
  • FAQ
    • โ“ Frequently Asked Questions
  • Official Links
    • ๐Ÿค Socials
    • ๐Ÿ” Contracts / Wallets
    • ๐Ÿ”Ž Audits
  • Rekt Frens Website
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  1. Investment Strategy

๐ŸŒ Social Media Charts

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Last updated 1 year ago

Social media activity provides valuable pulse readings on public interest and newcomer attention on cryptocurrencies. Four key social media indicators tracked over time:

  1. Crypto YouTube Channel Subscribers

  • Measures new subscribers to top crypto YouTubers

  • Major peaks aligned with price tops in 2021

  • Logs real-time changes in crypto education seekers

  1. Reddit Subreddit Posts

  • Tracks new posts made to key crypto subreddits

  • Local peaks corresponded to asset price highs

  • Proxies engagement from existing community

  1. X Follower Growth

  • Monitors follower gains by top crypto accounts

  • Similar extrernal peaks as Reddit and YouTube

  • Wide reach across experience levels

  1. Wikipedia Page Views

  • Logs views for "Cryptocurrency" page

  • Aligns with real-world interest and hype cycles

  • Reflects informational needs of new entrants

Combined these metrics fingerprint distinct cycles of speculation, risk-taking, and novelty-seeking around crypto from both existing participants and incoming naive money based on activity traces left across wide swaths of the web. They facilitate confirming when social zeitgeists likely support or oppose market price action.