crypto

Crypto Quantshots

Be better informed! Get to know the Crypto ecosystem in more detail with reports covering all things Crypto.

Mixed Sentiment, Search Interest, and Network Valuation Paint “Do Not Own” Picture of NEM (XEM)

Jun 10, 2019

 

Better Research, Better Investments.Better Research, Better Investments.
Better Research, Better Investments.Better Research, Better Investments.

 

  • NEM (XEM) overall sentiment has been largely scattered over the last month. Most recently, it is curious to note the divergence between XEM’s article sentiment, which was largely negative on Sunday, and social sentiment, which was largely positive on Sunday.  
     
  • XEM’s google search activity is low relative to its peak earlier in May while daily trading volumes are also depressed after peaking in mid-May, suggesting a low degree of interest in the coin at this time.  
     
  • XEM looks to be moderately expensive from a network value to transaction ratio (NVT Ratio) perspective, and combined with mixed sentiment, low interest, and the coin’s “Do Not Own” rating in the Quantamize models, we suggest investors avoid buying the coin at this time.  
     

 

NEM (XEM) Volume - Last 30 Days

XEM Volume - Last 30 Days

Average NEM (XEM) Article Sentiment - Last 30 Days

Average XEM Article Sentiment - Last 30 Days

NEM (XEM) Article Count - Last 30 Days

XEM Article Count - Last 30 Days

 

 

We Crunch the Numbers, You Make the Trade.We Crunch the Numbers, You Make the Trade.
We Crunch the Numbers, You Make the Trade.We Crunch the Numbers, You Make the Trade.

 

Overall NEM (XEM) Social Sentiment - Last 30 Days

Overall XEM Social Sentiment - Last 30 Days

NEM (XEM) Google Trends - Last 30 Days

XEM Google Trends - Last 30 Days

NEM (XEM) Network Value to Transaction Ratio - 10-Day EWMA - Last 30 Days

XEM Network Value to Transaction Ratio - 10-Day EWMA - Last 30 Days

 

Crypto Model PortfoliosCRYPTO INVESTING MADE SIMPLE
Crypto Model PortfoliosCRYPTO INVESTING MADE SIMPLE