MatriX on HadePlatform.com has officially launched its second product aimed at independent investment research in cryptocurrency. Our first, Risk Scales, exceeded all expectations by accurately predicting future price moves with 100% accuracy during an eight week pilot trial. Our second exclusive product is live on MatriX.HadePlatform.com and includes Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), EOS, Litecoin (LTC), and Ripple (XRP) initially. Over the next two weeks, we will expand this coverage to the top 25 cryptocurrencies by market capitalization.
What is Interest Trends for Cryptocurrency Investment Research?
Unlike stock investment research, a good cryptocurrency investment does not rely on metrics like P/E ratio or even how much revenue the underlying company creates. Instead, it is a number of different factors including social awareness, excitement, interest, and even speculation. There are other long-term factors to consider such as the use case of the currency or the underlying usage of its blockchain among others. Hade Technologies is building a suite of products and services aimed at the analysis of cryptocurrencies.
Interest Trends is a visualization of the social and internet search interest of a cryptocurrency over time. To no surprise, there is a direct correlation to the trend line and interest grade of each cryptocurrency to market capitalization, performance, and short-term price direction of the coin or token. For the time being, we are offering Interest Trends as part of our free services, so feel free to check it out and provide feedback. You can do so, here.
As previously said, we are launching the service with coverage on Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), EOS, Litecoin (LTC), and Ripple (XRP) but will soon track the daily ranking and 52-week interest trend performance of other coins and tokens.