Sentiment %
What is “Sentiment %”?
It is an indicator reflecting the share of positive mentions of cryptocurrency on social networks, weighted based on the Engagements indicator (number of likes, comments, reposts, etc.).
Why is “Sentiment %” important?
The “Sentiment %” metric gauges the proportion of positive mentions about a cryptocurrency on social media, adjusted for user interactions. A value near 100% indicates strong positive sentiment, suggesting confidence and enthusiasm within the community. Conversely, values around 50% indicate mixed feelings, while values close to 0% reflect negative perceptions. This metric is important for assessing market sentiment and potential impacts on a cryptocurrency's performance.