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This article will dive deeper into the three key metrics that we use on our platform: trading activity, social signals, utilities & token formation.
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PURPLETRADER.IO LEARN ABOUT THE PURPLETRADER METRIC SYSTEM
ABOUT US At PurpleTrader, we believe one of the key components of community tokens is its strong social and utility components. Our research shows that, although traders want to explore this ecosystem, it requires navigating a complex web of crypto-native applications and misleading information. There is a lack of trustworthy sources and data, and a lack of organized metrics to help assess the real value of these tokens.
THE PURPLETRADER MATRIC SYSTEM Social THE PURPLETRADER METRIC SYSTEM What makes social tokens unique is that they can help value the social capital, reputation, trust, and intangible value that a creator, brand, individual, or community contains. To capture this value, we look at community-specific metrics such as community growth, governance activity, and resource allocation.
Trading Activity We consider metrics that include a token's price, volume, supply, volatility, and market capitalization to provide a useful rating on how well the token is performing.
Reputation & Utilities The point of the reputation and utility metric is to provide traders with transparency and a clear profile of a particular token.
CONTACT US (+) 44 07536396066 purpletraderpromotion@gmail.com www.purpletrader.io