Team-6 - Analysis of Cryptocurrency Growth-1

You might also like

Download as pptx, pdf, or txt
Download as pptx, pdf, or txt
You are on page 1of 30

ANALYSIS OF

CRYPTOCURRE
NCY GROWTH
Project by – Group No.6
Team Members Mentor Name Name Institute State
1 Samita Ainkar 3 Kavyanjali Mahesh Thakur NSTI Mumbai Maharashtra
2 Ankita More 4 Rahul Jadhav
AGENDA
1
Project and Dataset Overview

2
Problem Statement

3
Who are the end Users

4
Dashboard Demonstration

5
Decision making in Visualization
6
Conclusion

7
Q&A
PROJECT AND DATASET OVERVIEW
PROJECT AND
DATASET
OVERVIEW
PROJECT OVERVIEW

Cryptocurrency refers to digital or virtual currencies that use


cryptography for security and operate on decentralized networks
based on blockchain technology. Unlike traditional currencies issued by
governments (fiat currencies), cryptocurrencies are typically not
controlled by any central authority, such as a central bank or
government. Instead, they rely on distributed ledger technology to
record transactions and manage the issuance of new units.

Objectives of Project :

1.To Understand What Cryptocurrency Are


2.To Define Key Terms related to Cryptocurrency
3.To Analysing the position of cryptocurrency since last 9 years.
DATASET OVERVIEW :

1. About the Data set- This Data set contains information regarding growth of
cryptocurrency since last 9 year
2. Data set Details-
Size 3.7MB
Numbers of columns 10
Number of Rows 37082
Original File Format XLX

3. Columns Details -
Column Name
Sr No Low Value
Name Open Value
Symbol Close Value
Date Volume
High Value Marketcap
PROBLEM STATEMENT
PROBLEM STATEMENT

3
PROBLEM STATEMENT

The cryptocurrency market presents a

1
dynamic and complex landscape,
characterized by volatility, uncertainty,
and evolving trends.

3
PROBLEM STATEMENT

The cryptocurrency market presents a

1
dynamic and complex landscape,
characterized by volatility, uncertainty,
and evolving trends.

As investors, traders, and stakeholders

2
seek to navigate this environment
effectively, they encounter several
challenges that impede informed
decision-making and risk management

3
PROBLEM STATEMENT

The cryptocurrency market presents a

1
dynamic and complex landscape,
characterized by volatility, uncertainty,
and evolving trends.

As investors, traders, and stakeholders

2
seek to navigate this environment
effectively, they encounter several
challenges that impede informed
decision-making and risk management

This project aims to address key issues

3
within cryptocurrency analysis to
enhance understanding, prediction
accuracy, and decision support for
market participants
WHO ARE THE END USERS
WHO ARE THE END USERS
Non-profit Consumers: Remittance Users: Investors and Traders:
Organizations: Speculators: Individuals who
Individual who People who use People who buy
Charitable actively buy and
organizations and Use cryptocurrencies to and hold sell
non-profits may cryptocurrencies to send money across cryptocurrencies cryptocurrencie
accept purchase goods borders quickly and as an investment, s on exchanges
cryptocurrencies and services at a lower cost hoping for their to capitalize on
as donations due from merchants or compared to value to increase short-term price
to their ease of other individuals traditional over time movements
transfer and who accept them remittance
potential for as a form of services.
transparency payment.
DASHBOARD DEMONSTRATION
DASHBOARD DEMONSTRATION
KEY HIGHLIGHTS

Low Value
Count of Cryptocurrency Open Value
35.34M
23 36.54M

Sum Of Market Cap High Value Close Value


572.15T 37.68M 36.60M
Best Performer By High Value

This section lists the top cryptocurrencies by there High


values . Bitcoin is listed at the top, followed by
Ethereum, XRP, Tether, Binance Coin, Cardano, and
Litecoin.
The bars are grouped together by cryptocurrency, with
each colors representing a different price metric
(possibly highest and lowest price). This allows for easy
comparison of the price ranges between different
cryptocurrencies.
Comparison By Market cap

The pie chart represents the distribution of the total


market capitalization (3.467 trillion) for the
cryptocurrencies listed in the spreadsheet. The
largest slice of the pie chart, corresponding to 63.19%
of the total market cap, is labelled Bitcoin. Ethereum
is the second largest cryptocurrency by market cap in
the pie chart, at approximately 15.75%.
Sum Of Open & Close By Year
Sum Of Open & Close By Year

Bar Chart - Sum of Open by Year Line Chart - Sum of Close by Year
Chart Description - Include the bar chart here . Explain the Chart Description- Present the line chart. Discuss the
significance of the opening values in the cryptocurrency market closing values' trends and their implications on the
and what trends can be observed from 2013 to 2021. Highlight
any significant growth years, such as the jump from 2017 to
market's health and investor confidence. Compare
2021. significant points with the bar chart to draw insights.
DECISION MAKING IN VISUALIZATION
DECISION MAKING IN VISUALIZATION
1. Bitcoin has highest value(2M) As well as high Market capitalization value(63.19%).

2. Aave Has lowest Market capitalization value(0.2%).

3. Stay updated with news and developments in the cryptocurrency space, as they can significantly impact prices.

4. Only invest what you can afford to lose. Cryptocurrency markets can be highly volatile, and prices can fluctuate

dramatically.

5. Keep yourself updated with the latest news, market trends, and regulatory developments in the cryptocurrency space.
CONCLUSION
CONCLUSION
In Conclusion, Crypto currency is a Digital Currency , which is an a alternative form of payment.
 There are some of the potential benefits of cryptocurrencies:

•They are faster and cheaper to transfer than traditional currencies.

•They can be used to make payments without the need for a third party, such as a bank

 Here are some of the potential risks of cryptocurrencies:

•They are highly volatile and can lose value quickly.

•They are not regulated by governments, which means that there is no guarantee that they will be a safe investment.

It is important to weigh the potential benefits and risks of cryptocurrencies before investing in
them.
QUESTIONS & ANSWERS
QUESTIONS & ANSWERS
Q1. Which cryptocurrency has the highest value according to this chart?

A) Bitcoin (BTC)

B) Ethereum (ETH)

C) Tether (USDT)

D) USD Coin (USDC)

Ans. A) Bitcoin (BTC)


Q2. What is the approximate highest value of Ethereum (ETH) in millions according to this chart?

A) 5 Lakh

B) 1 Lakh

C) 2 Lakh

D) 9 Lakh

Ans. D) 9 Lakh
Q3. Which is the second largest cryptocurrency by market cap in the pie chart ?

A) Bitcoin(BTC)

B) Ethereum(ETH)

C) Tether(USDT)

D) USD Coin(USDC)

Ans. B) Ethereum(ETH)
THANK YOU

You might also like