πΉοΈSUIHUBS Features
Last updated
Last updated
The SuiHubs dashboard boasts several significant features, among which are the on-chain and social analysis insights. These insights are utilized by dashboard users to spot trends and patterns that signify potential price fluctuations in particular coins. The cryptocurrency market is significantly influenced by socio-cultural developments and hence analyzing market sentiment through social platforms is essential. With more retail traders and investors joining the marketplace, analyzing structured and unstructured data from the social sphere has become vital to determine whether sentiment is positive or negative, thus becoming a powerful indicator for predicting future price actions.
To automate the process of analyzing social metrics and tracking macro and micro cultural trends on platforms like Twitter and Reddit, SuiHubs uses artificial intelligence technology like natural language processing. By doing so, SuiHubs generates actionable and measurable signals for market intelligence and asset pricing for token holders. For example, when there is an abnormally large amount of positive buzz signaling socio-cultural changes in a Web3 community, SuiHubs is able to transform it into a signal that can be acted upon.
Technical indicators are commonly used by day-traders to make quick decisions, but they can also be useful for traders of all types to make informed decisions on asset entries and exits across different timeframes. SuiHubs offers a range of commonly used technical indicators, such as moving averages, bands, price correlation between assets, and orderbook statistics on centralized exchanges. In addition, it provides less commonly used indicators, such as whale activity and inflows and outflows to centralized exchanges.
Although these indicators originated in traditional financial markets, they have proven their worth in the crypto space as well. By tracking these indicators in real-time on a single platform, SuiHubs provides all traders with the same level of access to information as market insiders. The platform combines these indicators into a unified and user-friendly graphical interface, allowing traders to concentrate on applying their preferred combination of indicators to inform their trading decisions.
SuiHubs, the crypto intelligence platform, supports independent trading strategies and allows [...] token holders to access an innovative strategy builder. This enables traders of all skill levels to create their own trading strategies based on SuiHubs metrics. Before putting their capital at risk, [...] holders can use SuiHubs' backtesting features to test their strategies, which simulate live market conditions across all data points, including volume, volatility, and order book activity from the most prominent exchanges. Backtesting helps [...] holders evaluate whether their identified strategy is profitable or not. If it is not, they can make suitable amendments to optimize it, and revert back to the SuiHubs backtesting platform for further analysis at any time. SuiHubs also provides a risk metric for traders to further appraise their strategy. The trading and quant veterans of crypto and other financial markets have applied their knowledge and expertise to develop a strategy builder tool that makes backtesting accessible to [...] token holders at all levels of experience.
SuiHubs' auto-trader feature enables users to create automated trading strategies based on key metrics and order types, which can be linked directly to their broker's API.
The system is designed to allow for custom orders that can be linked with SuiHubs' metrics to develop trading strategies. Additionally, the auto-traders performance will be reviewed automatically as part of the system.
For example, if a trader has a fixed stop-loss position on a trade, SuiHubs can provide a hypothetical revenue comparison of setting the stop-loss at a different price point (assuming the trade is not large enough to affect the market price).
Traders can also choose to run a hypothetical strategy in parallel with their active strategy to evaluate their comparative performance.
SuiHubs provides on-chain data for token and wallet activity, enabling users to monitor market-maker dynamics and whale movements across multiple blockchains, including leading networks such as Ethereum, Bitcoin, Binance Smart Chain, and Solana. The platform's software can detect unusual token movements and flag them in real-time. For instance, if an unusual movement of Shiba Inu (SHIB) tokens from a non-exchange wallet to an exchange occurs, the platform will flag it as a potential incoming sell order.
SuiHubs also provides immediate access to new crypto listings, as well as upcoming listings, allowing users to position themselves to profit from expected price volatility resulting from the listing. Additionally, the platform hosts social trading features, where users can track and follow the most consistently performing community members. In future versions, traders will be able to set up auto-copying of other users' trades. Finally, SuiHubs trading competitions include a weekly prediction challenge, with insights available to users, and the winner receiving a reward paid in [...] tokens. The rewards range from $100 to $100k in dollar value.
Community-Centric: SuiHubs places a strong emphasis on community involvement and engagement as a critical factor in its success. The project's Discord group is an open forum for discussions on tokens and trading, and SuiHubs aims to support and grow its community by regularly sharing knowledge and running engagement initiatives.
Transparency: SuiHubs highly values transparency and openness, which are fundamental principles of Web3. The project strives to maintain integrity by sharing information openly with its community, providing real-time updates on social media, and making all SUI transactions visible on the blockchain.
Scalable: SuiHubs is designed to grow and scale with the crypto market, utilizing Big Data analytical tools and AI technologies to identify important data points and patterns in real-time. As the platform continues to collect and analyze more data, it will deliver richer and more accurate technical and other forms of analysis.
Risk-conscious: SuiHubs recognizes the importance of understanding and managing trading risk, and this is a key theme of the platform. Every trade and market involves a risk-to-reward trade-off that must be considered in relation to a trader's risk profile, style, and psychology.