How To Use Twitter to Analyze An NFT Project

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Twitter is one of the best platforms to learn about Non-fungible Tokens. The social media platform contributed to the proliferation of the NFT trends and remains an important tool for NFT creators, investors, and pundits. No doubt, Twitter is one of the best tools to use if you want to analyze an NFT project, discover new communities and stay up to date with the latest trends in the NFT space.

If you know your way around Twitter, analyzing an NFT project with it will be quite easy. Read on to discover some important tips to help you understand new NFT trends and determine if they’re right for you using various Twitter features.

Using Twitter hashtags to discover projects

NFT trending hashtags

Twitter hashtags help you discover tweets about trending topics. This feature can also be a valuable tool for finding out more and analyze an NFT project. Popular hashtags like #NFT or #nftart will take you down a rabbit hole of general information about the NFT space. You can also go for hashtags that relate to specific NFT communities to discover tweets about these communities and projects.

Follow NFT Influencers

Using Twitter to analyze an NFT project

Even in the NFT space, there are specific influencers and NFT thought leaders to follow. Their tweets will give you insights into the projects they’re interested in or following. This is typically a strong indication that a project has good prospects. Since there are a lot of people crowded around these influencer accounts, you can ask questions under their posts and seek clarifications from other users about specific NFT projects. Some of the most notable NFT influencers you can follow on Twitter.

  • @ohhshinny
  • @j1mm.eth
  • @CapetainTrippy
  • @boredgentleman
  • @pixelvault_
  • @tommyk_eth,
  • @33NFT
  • @DeezeFi
  • @farokh
  • @NFT.NYC

Learn more about project founders

One of the strongest indicators of the success of an NFT project is the pedigree of founders or creators of that project. You can leverage Twitter to learn more about them. When you invest in an NFT project, you are investing in the humans behind that project. Find the team and individuals behind a project on Twitter and poke around to discover more about them.

Analyze social presence

The success of an NFT project also depends on its social media visibility. There’s no better place to get an idea of how much traction a project has than on Twitter. Look out for the number of followers that are following the project and people that are talking about it. You should also check the activities around that project and how much buzz it is getting. This will help you determine if the project has prospects or it is DOA. Be careful here though. People have been known to use bots for followers, likes, and retweets just to make a project seem legit.

Consider the community

NFT is highly community-centric, so much that you can learn a lot about an NFT project by looking at the community that has been built around it. Projects with the most engaging communities are usually the most successful for obvious reasons. Successful NFT projects have a history of creating an active community culture around their projects. You should watch out for this when looking out for projects to invest in

Conclusion

Twitter provides a platform for people to market their NFTs effectively. It’s also a perfect place to find projects with prospects. Just know the most important things to look out for and how to identify good projects from the bad ones.