The data compiled by the research company Coin Kickoff for the month of November revealed the cryptocurrencies that cause the most stress to its investors. FTX token (FTT), the native token of the bankrupt stock market FTX, was at the top of the list.
A study by Coin Kickoff revealed the cryptocurrencies that stress investors the most. Most popular by market value as research method 50 cryptocurrencies Geo-tagged tweets were analyzed for hashtags. Stress levels in tweets, emotional intensity analysis suitable for TensiStrength measured using the algorithm. As a result, cryptocurrencies that cause the most stress have been reached.
In the analysis covering the 50 largest cryptocurrencies by market capitalization FTX token (FTT) was the crypto currency that stressed investors the most. According to the data, the tweets on this subject 37.99% contains stressful emotions. In the second place 35.92% by its share Tether (USDT) took place. If the third 34.80% with bitcoin (BTC) settled. If at the bottom of the list metaverse project theta Newwork (THETA) positioned.
With the collapse of FTX, all investors felt that the cryptocurrency markets could be shaken by the most unexpected events at the most unexpected moment. And this uncertainty is perhaps making investors in cryptocurrency markets more stressed than investors in traditional markets. It seems that the fact that FTT token is the first asset that creates the most stress is in line with the events that have taken place in the last weeks.
FTT, which causes the most stress to its investors, is the all-time high (ATH) price. From $77.62 approximately 98% depreciated.
The top 10 on the list are as follows:
- FTX Token (FTT)
- Tether (USD)
- Bitcoin (BTC)
- Cardano (ADA)
- Ripple (XRP)
- Ethereum (ETH)
- Unus Sed Leo
- VeChain (VET)
- Cronos (CRO)
- Algorand (ALGO)
