How social media platforms are shaping the present and future of crypto

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in Crypto News Cryptocurrencies present very low barriers to entry and are highly liquid, unlike any historical financial asset class. The nature of social media allows for an exponentially larger volume of information, discussions, opinions, positions, and strategies to be shared at a devastating pace. This strengthens social media’s foothold on the crypto-market and facilitates crypto’s volatility. A single tweet from a social influencer can massively shift demand for a particular cryptocurrency in a matter of minutes. Over 66% of adult Americans get some form of news from social media, which, like the crypto market,…

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