Felix Feng

This post was last updated on May 4th, 2020 at 08:01 pm

Welcome to this week’s Nomics Update, our way of keeping you in the loop with everything happening at Nomics. Let’s begin with our exciting new feature, 7-day cryptoasset price predictions. To our knowledge, we’re the first aggregator to offer crypto price predictions generated by machine learning.

We train our machine learning model with data from our market data API. For each asset on Nomics, the model returns a predicted 7-day percentage change from the current price, a predicted 7-day price, and the mean 30-day error.

Predictions are available on the main market cap index (see above) and all individual cryptoasset pages, where historical accuracy can be tracked by mousing along the charts. Here’s an example from our Ethereum (ETH) price page:

Predictions are also available through our API. 

For the rest of this week’s update – and a video walkthrough of our price prediction feature – read on.