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How New Startups are Helping Remove the ONE Thing that Terrifies Would-Be Crypto Investors by@alyzesam
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How New Startups are Helping Remove the ONE Thing that Terrifies Would-Be Crypto Investors

by Alyze Sam, #WomenInBlockchainJanuary 7th, 2022
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Bitcoin fell sharply by more than 50% in the middle of 2021, somewhat due to social media messages from rocket-wielding billionaires. Sometimes all it takes is a tweet to raise a token's price or knock even the most potent coin off its pedestal. The main pitfall that haunts many crypto investors is volatility. Enter predictive crypto analytics: Sonar Platform, which aims to help investors make good decisions through data, sentiment, and growth metrics. Sonar platform is moving fast while currently in beta. It claims that it also looks at all news (which means you can use it as a dashboard for the latest press for each project)

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Cryptocurrencies are attractive for many reasons, but the primary reason is paradoxically the main pitfall that haunts many crypto investors. Volatility.


Last year, crypto saw everything from 7,000% gains to catastrophic failures, where anyone investing would have got a better return if they'd burned their assets to keep warm. Even Bitcoin fell sharply by more than 50% in the middle of 2021, somewhat due to social media messages from rocket-wielding billionaires. That's right - sometimes all it takes is a tweet to raise a token's price or knock even the most potent coin off its pedestal.


Enter predictive crypto analytics

Platforms that help investors make the right decisions aren't new. provides insights, reports, and cryptocurrency analysis from multiple on-chain data sources. offers real-time frequency, end-of-day frequency, and 300 metrics for over 100 assets, with the entire history of that asset (well, complete, but only since the network's launch, not the token's launch).


provides data and market intelligence for investors to gain higher ROI with appropriate analysis. While, ____provides on-chain, social data, and metrics on over 1,500 cryptocurrencies with features such as low-latency alerts, personalized watchlists, social metrics, and screeners.


It makes this area intriguing to observe, and in particular, I've been keeping an eye on , which appears to be moving fast while currently in beta. The team behind it claims it will be a central hub for market analysis, project tracking, asset management, education, and news, seemingly for all cryptocurrencies and not just for a relatively small list of "top" tokens.

Artificial intelligence may kill us all, but let's get rich first

For investors, the use of artificial intelligence could be interesting. The idea is that through predictive analytics algorithms, Sonar can help you to make good decisions through data, sentiment, and growth metrics. It claims that it also looks at all news (which means you can use it as a dashboard for the latest press for each project) and even smart-contract safety.

In particular, I've been enamored with its ability to show the events and other influences on a project, where it is easy to look at everything from a potentially insignificant individual transaction or social message through to large movements, like prominent news articles, and anything else that could significantly move the needle.


It is still early days for tools like Sonar Platform. So far, what I've witnessed covers at least the most active cryptocurrencies and the markets that show consistent action, such as NFTs, the metaverse, and those projects with real, functional utility. Still, it does appear to be gaining new abilities all the time.

It's time for blockchain startups like Sonar to be transparent

I make a note of the transparency of all blockchain teams these days. Sonar impresses in this area and has been working under what it terms a "Build-in-Public" approach, improving the solution gradually while keeping investors and users involved in the roadmap and new features. If there's one thing the blockchain industry needs more of, it's transparency in everything - the whole sector has been negatively affected by too many vaporware products and scams, so this is refreshing.


In addition to the likes of those already mentioned and other data aggregators like LunarCrush, Nansen, and IntoTheBlock, the predictive insights space is starting to look extremely attractive. It should help everyone have at least a good indicator or success before putting everything into the latest meme coin, only to watch it disappear when the wrong celebrity says a bad thing about it.


Alyze Sam is a refreshing blockchain strategist, a novel educator, award-winning author, serial co-founder, and a vehemently driven advocate. Sam’s book ‘Stablecoin Economy’ was published by DonTapscott at The Blockchain Research Institute in January 2021. The Bad Crypto Podcast developed a Blockchain Hero NFT inspired by her work: Mz. Stability.  Check out Stablecoin Economy releasing Jan 2022 on Amazon.

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