Altcoin roundup: data shows rise in social metrics ahead of DeFi and NFT price increases
A common saying in the world of News Block is “The trend is your friend”, a phrase that points to the idea that most of the time, sticking to the prevailing market trend will produce positive results.
Some of the common metrics used to identify market trends include: technical analysis, which involves study price charts to spot opportunities; fundamental analysis, which involves looking at the underlying economic and technological factors of a project; and social media metrics, which help an investor hear the pulse of what the general public is focusing on.
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