New free crypto app CoinTrendTracker launched on Reddit

12 Jan, 2019 | Updated: 12 Jan, 2019
by Alberto Arnaldo
New free crypto app CoinTrendTracker launched on Reddit

A member of Reddit has just launched today an app that uses Reddit and Twitter data to estimate potential FOMO and FUD situations.

Redditor asifshoro confessed that the prolonged bear market is what led him to develop this app, which is available both through the Play Store and the App Store.

By collecting social data such as the numbers of mentions on social networks or the percentages of new Twitter followers on a given time frame, the developer hopes to help those building their own market predictions.

The logic behind his system is that large price moves in a coin are preceded by similarly noticeable levels of online interaction, either on Twitter, Reddit or both.

Even though this app is still ongoing development, Chepicap has tried it the Android version and it seems pretty functional in so far. It also counts with a useful notification system for large price moves, among a few other functionalities. Good news as well for those concerned about privacy, as the app gives the option of using it without registering, and it does not asks for any permissions from the phone.

Most comments on Reddit were largely possitive towards the latest gift from a member of the community, although some did requested for changes in the app:



Read more: "Siri, send XRP!": New tool offers custom voice commands for the Ripple communityYOLO: Vitalik Buterin sends 1000 ETH to developers (and 100 TPT to a random...)

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