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Trend Watch: Inflation Fears

April 16, 2021

Trend Watch: Inflation Fears

The total market cap of scarce digital assets (cryptos, NFTs) has grown by more than $1 trillion in 2021, and LikeFolio trend data helps shed some light on the motivations of retail investors.
Concern about inflation has skyrocketed while cryptocurrency prices have "mooned" -- Consumer Mentions expressing fear and uncertainty about inflation are at an all-time high, +66% YoY on a 90-day moving average.
Asset prices are increasing across the board (lumber futures look like a crypto chart), and retail investors are moving out of fiat and into digital currencies to protect themselves from the perceived inflationary pressure.

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About LikeFolio

LikeFolio analyzes social media data to accurately predict shifts in consumer behavior. We sell data and insights to professional investors, corporate research teams, and software providers.

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