The Influence of Social Media on Cryptocurrency Markets
10/4/2024 3:51:27 PM
According to Ki Young Ju, social media serves as a collective consciousness where individuals connect and assess each other's ideas. Twitter, in particular, is highlighted as a platform where thoughts are judged, and those who succeed in this intellectual contest become influencers. In the context of cryptocurrency markets, these influencers can significantly impact market trends and trader sentiment by shaping opinions and disseminating information. (Source)
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