LunarCRUSH, a social media analytics platform for cryptocurrencies, has reportedly closed a funding round on an undisclosed amount.
The capital investment was led by Draper Goren Holm, with a strategic investment also coming from Manutara Ventures, according to a report from Bankless Times.
Funds from the round will be used to grow its team in Europe and Latin America, as well as bolster its position in local communities, it said.
LunarCRUSH provides users with a dashboard of cryptocurrencies, complete with a variety of metrics to show their performance. The platform does not just track the value of the currencies, but also their presence on social media and how that is impacting their prices.
Users can see how currencies are being impacted by the use of hashtags, influencers and many other factors.
Manutara Venture partner Pablo Traub told Bankless Times, “As the crypto market matures, LunarCRUSH introduces sophistication, market depth, and transparency, allowing more players to be part of this exciting industry and become the builders of the future.”
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