paper
The Credibility Cryptocurrency Valuation: Statistical Learning Analysis for Influencer Tweets
Haemin Lee, Hyunhee Cho, Soyi Jung, Joongheon Kim
The Credibility Cryptocurrency Valuation: Statistical Learning Analysis for Influencer Tweets
Haemin Lee, Hyunhee Cho, Soyi Jung, Joongheon Kim
Paper2021-12-16English
cryptocurrency tradingarxiv
Description
Cryptocurrency has attracted significant attention. Considering the number of individuals investing in bitcoin, their motivations are comparatively less clear than traditional investment decisions. As of December 2020, the market has continuously increased in cryptocurrency. Especially, the spike of joke Dogecoin shows the weirdness of the modern meme economy with the support of Elon Musk, whom himself appointed as "Dogefather". In this paper, we analysis the impact of tweets by Elon musk and pr...
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