Crypto analytics available in the Plynk app
From social sentiment to developer activity, the Plynk app offers unparalleled cryptocurrency data.
April 18, 2024
![Crypto analytics](/assets/images/crypto-basics.png)
The Plynk app gives you access to crypto metrics from Sherlock® you won’t get anywhere else--analytics that go beyond the price of a cryptocurrency and give a deeper look at the blockchain that supports it.
Here’s a glimpse at what you’ll find on the app’s crypto page:
Top movers
View the latest pricing info for cryptocurrencies that are available through the Plynk app, as well as for others on the broader crypto market. This includes:
- Current price
- Percent change in price over the past 24 hours
- Market cap (total value)
- Percent change in market cap over the past 24 hours
Bottom line: You’ll see cryptocurrencies listed by which ones have the highest percentage price increase in the last 24 hours.
Social sentiment
How are people talking about this coin on X (formerly Twitter)? Is the general sentiment positive or negative? This metric looks at the volume and intensity of social posts over the past 24 hours.
![Social Sentiment Gauge](/assets/images/learn/crypto-social-sentiment-meter.jpg)
Two unique algorithms are used to determine social sentiment:
The S-Factor Score measures the deviation of changes in sentiment intensity towards a specific cryptocurrency, while S-Volume measures the rolling average number of posts about that currency.
Bottom line: The social sentiment meter moves based on the amount of people talking about a coin combined with the general mood of what they are saying.
Development overview
These metrics give you insight into the work being done on the blockchains associated with each cryptocurrency:
- Community growth: This shows the 30-day moving total number of developers who have committed code to the blockchain. Many active developers may be a sign the project is well supported by the community, while few active developers may indicate the opposite.
- Developer activity: Here you’ll see the 30-day moving total number of commits (edits), additions, and deletions of code on the blockchain. A growing number of commits or additions could suggest a more active development process and that this project is gaining momentum (and a low number may suggest lack of momentum). Or, a small number of deletions might imply stability because developers are building on existing code without having to remove large amounts of it. On the other hand, many deletions could be a sign of instability.
Bottom line: The level of developer activity is additional information to keep in mind when assessing the fundamentals of a blockchain or coin.
Next steps to consider
If you haven’t already, set up a crypto account through Paxos.
Visit the app’s crypto page and start diving into the data.