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Crypto Twitter is a real force. Everyone who matters in the crypto industry is active on Twitter, and many of us are used to finding out the latest news on the platform. One can even assume that opinion leaders directly influence coin prices. A new study by BDCenter Digital reveals whether this is true.
Do influencers’ tweets really have an impact on the market? To find out the answer, we analyzed over a million tweets by 100+ influencers.
Why Vitalik Buterin isn’t on the list
Crypto Twitter is a densely populated realm, with hundreds of influencers on various scales. It wouldn’t be possible to study them all, so we selected the influencers for our study based on several criteria.
Having at least 10k followers Tweeting at least once a day Covering the industry in general, not just a specific blockchain or project. For instance, we didn’t include