RootData launches Web3 project impact analysis index, aiming to make quality projects easier to discover

ChainCatcher news, the Web3 asset data platform RootData has launched the Beta version of its X (formerly Twitter) analysis feature. By incorporating nearly 20,000 crypto projects, institutions, and individuals' X accounts into its data statistics and analysis, users can now view the X follow relationships between various entities (following, followed by, recently followed, mutual follows), as well as the corresponding influence index and popularity index, allowing for a more multidimensional understanding of project strength and development status.

At the same time, RootData has created several rankings for X data, such as the most influential projects/individuals on X, the projects/individuals with the highest recent popularity, and the projects/individuals with the highest number of X followers, helping users to more promptly discover market trends and early alpha. Among them, the influence index is primarily calculated based on the overall follow relationships of X accounts within the nearly 20,000 accounts recorded on the platform, while the popularity index is mainly calculated based on the number of followers of X accounts among the recently added accounts recorded on the platform.