MAKINZ CHDec 28, 2021 · 3 years ago8 answers How does social media affect the price of cryptocurrencies in today's market?
In today's market, social media has become a powerful force that can significantly impact the price of cryptocurrencies. How exactly does social media influence the price of cryptocurrencies? What are the mechanisms behind this influence? How do social media platforms like Twitter, Reddit, and Telegram affect the buying and selling decisions of cryptocurrency investors? Are there any specific patterns or trends that can be observed in the relationship between social media activity and cryptocurrency prices?