Galaxy Score

What is “Galaxy Score™”?

It is an indicator that evaluates the current state of cryptocurrency based on its market indicators and the dynamics of social sentiment developed by Lunarcrush. The indicator is calculated based on four indicators: price trend, sentiment on social networks, coverage and interactions of the crypto project on social networks, and the correlation of social indicators with price and trading volume. 

Why is “Galaxy Score™” important?

“Galaxy Score™” takes into account both market performance indicators and social sentiment indicators, making it a valuable metric for gauging a cryptocurrency's current momentum. A high Galaxy Score™ score suggests that a project is experiencing strong engagement and positive sentiment, which often can signal potential for future growth. This insight can be helpful for identifying cryptocurrencies that are gaining traction in the market and community.