Justin PaulNov 26, 2021 · 3 years ago3 answers How does the Twitter activity of influential figures affect the price of digital currencies?
In the world of digital currencies, how does the activity of influential figures on Twitter impact the value and price of these cryptocurrencies? What are the specific ways in which their tweets and engagement can influence the market? How does the market perceive and react to these influential figures' opinions and announcements? How does Twitter activity translate into actual price movements and trading volumes? Are there any notable examples or case studies that demonstrate the direct correlation between influential figures' Twitter activity and the price fluctuations of digital currencies?