Research: Reddit Crypto-Related Discussion Volume Strongly Correlated to Price

Cointelegraph

Published Jun 06, 2019 03:41PM ET

Updated Jun 06, 2019 04:03PM ET

Research: Reddit Crypto-Related Discussion Volume Strongly Correlated to Price

The University of Notre Dame and the Pacific Northwest National Laboratory (PNNL) released a study on the speed and scale of cryptocurrency discussions on Reddit on May 13.

The paper claims to be “the first to qualitatively measure and contrast discussion growth about three popular cryptocurrencies with key distinctions in motivation, usage, and implementation – Bitcoin (BTC), Ethereum (ETH), and Monero (XMR) on Reddit.” The study covered Reddit threads created in the official subreddits and the broader cryptocurrencies subs between January 2015 and January 2018.

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