Trading Automation
Last updated
Last updated
The original reason why we build all those tools is to make profits within the crypto market. While having the right data is crucial for such a task it is even more important to automate the whole process at some point.
One example which can be seen within our web app are announcements. Those are very crucial for any project and can drive the price up by a lot, just recently the CTO Neiro token announced its listing on Binance which drive the price up by 666% within 1 hour.
Detecting such meaningful announcements is one of the parts where AI and automation comes into play. By detecting patterns and knowing what each community is seeking and looking forward to, we can know which type of announcements have a big price impact on its price. This model is still in the works but will be fine tuned as much as possible and back tested.
We believe that based on the right parameters we can make automated trading decisions purely based on social media announcements.
Being it project announcements, KOL posts about a project or high chat activity, many metrics can determine if a price is likely to go up or down.
The goal is to build a system where our AI agent Nyx Cipher can make decisions fully automated and make profit within the crypto market.