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Ranking Cryptocurrencies by Brand Importance: A Social Media Analysis in ENEAGRID

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Part of the Lecture Notes in Computer Science book series (LNAI,volume 12591)

Abstract

This paper presents a preliminary analysis of cryptocurrency brands on Twitter, carried out through the Semantic Brand Score Brand Intelligence App (a tool hosted in the ENEAGRID digital infrastructure). The aim is to rank five digital coins (i.e. Bitcoin, Ethereum, Zcash, Monero, Litecoin). Web crawling, data storage and brand scoring activities require computational power. The ENEAGRID infrastructure faces this challenge in terms of computational costs, with its computing core represented by the HPC CRESCO clusters. In our methodology, we run periodic sessions of web crawling to create a database of tweets (concerning digital coins), then we use the Semantic Brand Score to evaluate cryptocurrencies relevance and study their brand image. This case study is a first step towards collaborating with experts and research communities in financial domain and opening access to ENEA Virtual Labs.

Keywords

  • Social network analysis
  • Semantic brand score
  • Cryptocurrency
  • Financial text mining

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Notes

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    http://enea.semanticbrandscore.com.

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Acknowledgements

The authors are grateful to Andrea Fronzetti Colladon, professor at the University of Perugia, who has been collaborating with their team at ENEA for more than two years and who provided technical and theoretical support for the writing of this paper. The computing resources and the related technical support used for this work have been provided by CRESCO/ENEAGRID High Performance Computing infrastructure and its staff Ponti et al. (2014). CRESCO/ENEAGRID HPC infrastructure is funded by ENEA, the Italian National Agency for New Technologies, Energy and Sustainable Economic Development and by Italian and European research programmes, see http://www.cresco.enea.it/english for information.

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Correspondence to Giuseppe Santomauro , Daniela Alderuccio , Fiorenzo Ambrosino or Silvio Migliori .

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Santomauro, G., Alderuccio, D., Ambrosino, F., Migliori, S. (2021). Ranking Cryptocurrencies by Brand Importance: A Social Media Analysis in ENEAGRID. In: Bitetta, V., Bordino, I., Ferretti, A., Gullo, F., Ponti, G., Severini, L. (eds) Mining Data for Financial Applications. MIDAS 2020. Lecture Notes in Computer Science(), vol 12591. Springer, Cham. https://doi.org/10.1007/978-3-030-66981-2_8

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  • DOI: https://doi.org/10.1007/978-3-030-66981-2_8

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-030-66980-5

  • Online ISBN: 978-3-030-66981-2

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