A novel cryptocurrency predictionmethod using optimum cnn

Abstract

In recent years, cryptocurrency has become gradually more significant in economic regions worldwide. In cryptocurrencies, records are stored using a cryptographic algorithm.The main aim of this research was to develop an optimal solution for predicting the price of cryptocurrencies based on user opinions from social media. Twitter is used as a marketing tool for cryptoanalysis owing to the unrestricted conversations on cryptocurrencies that take place on social media channels. Therefore, this work focuses on extracting Tweets and gathering data from different sources to classify them into positive, negative, and neutral categories, and further examining the correlations between cryptocurrency movements and Tweet sentiments. This paper proposes an optimized method using a deep learning algorithm and convolution neural network for cryptocurrency prediction; this method is used to predict the prices of four cryptocurrencies, namely, Litecoin, Monero, Bitcoin, and Ethereum. The results of analyses demonstrate that the proposed method forecasts prices with a high accuracy of about 98.75%.The method is validated by comparison with existing methods using visualization tools.