Moein Shahiki Tash, Zahra Ahani, Mohim Tash, Olga Kolesnikova, Grigori Sidorov
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引用次数: 0
Abstract
This study investigates the relationship between emotional trends derived from X platform data and the market dynamics of prominent cryptocurrencies—Cardano, Binance, Fantom, Matic, and Ripple—during the period from October 2022 to March 2023. Utilizing SenticNet, key emotions such as fear and anxiety, rage and anger, grief and sadness, delight and pleasantness, enthusiasm and eagerness, and delight and joy were identified. The emotional data and cryptocurrency price data, sourced bi-weekly, were analyzed to uncover significant correlations. The findings reveal that emotions such as delight and pleasantness and delight and joy have the strongest positive correlations with Fantom’s price, while delight and pleasantness exhibit the strongest negative correlations with Cardano and Binance. The study highlights the nuanced impact of specific emotional states on cryptocurrency prices, offering valuable insights for market participants.
期刊介绍：
Cognitive Computation is an international, peer-reviewed, interdisciplinary journal that publishes cutting-edge articles describing original basic and applied work involving biologically-inspired computational accounts of all aspects of natural and artificial cognitive systems. It provides a new platform for the dissemination of research, current practices and future trends in the emerging discipline of cognitive computation that bridges the gap between life sciences, social sciences, engineering, physical and mathematical sciences, and humanities.
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